Some people just need a reality check when it comes to understanding their retirement. Today, we'll explore why a realistic approach to retirement, inclusive of financial planning and the potential for unexpected challenges, is crucial.

The episode kicks off with a candid conversation about the misconceptions of retirement life. The ads make it look easy, but John reminds us that even in retirement, the lawn still needs mowing, and the trash won't take itself out. This isn't to dampen your spirits, but rather to prepare you for the realities that await and to ensure your retirement plan is robust enough to handle them.

The episode isn't all about cautionary tales, though. John encourages listeners to dream and share their retirement goals with their financial advisors. Whether it's a second home or a kitchen remodel, he believes in finding ways to make these dreams a reality, (within reason, of course). For this week's two-minute warning, Wendy asks if her investment in American Funds was the right move.

Here's some of what we discuss in this episode:

0:00 – Intro

1:34 – Manage your expectations

4:04 – Account for changing expenses

5:30 – Be ready to adjust

7:31 – Do be too proud to get help

10:59 – Sharing your dreams with your advisor

12:33 – Listener Question

Get in touch:

Phone: 661-775-3704

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Get in touch with us: https://mearsmoney.com/

Watch the Podcast on YouTube: https://bit.ly/3PmcOPM