Fullerton Financial Hour

Picture a 5-star luxury resort. Lush greenery, scenic views, and top-notch customer service. Now picture a run-of-the mill roadside motel. A roadside motel probably isn’t going to be able to achieve a 5-star rating because … something’s missing. If you could rate your retirement plan, how many stars would it have?

How much is left on your to-do list this week? What about that honey-do list of chores around the house? It’s a mile long, right? The problem with long lists is they can overwhelm you and cause you to shut down. So let’s keep it simple!

How many times have you heard this before? it’s not what you make, it’s what you keep that counts. It’s less about the number of dollars you’ve saved, and more about strategies you use with your savings. Your money should be moving in the same direction for a singular purpose: your retirement

Does the thought of outliving your savings keep you up at night? You’re not alone. The fear of outliving retirement savings is a major concern for many retirees. We’re about to share some ways to help address some of the biggest money concerns in retirement.

We’ve continued to avoid government shutdowns this year … but meanwhile … the debt piles on. We’re winding down the year 2023 with a look at some of the top financial and retirement headlines of the year.

I’ll bet a lot has happened to you in the last 20 years that you didn’t see coming. You probably had some unexpected blessings and also some obstacles to overcome. Either way, there were some big unknowns in your past and they’ll continue in the future.

Fewer than 1 in 4 Americans think their current retirement lifestyle aligns with what they planned for their retirement to be. It turns out, it’s one thing to dream about retirement and it’s another thing to live in retirement every day.

Key Largo? Montego? Oh, why can’t we go to Jamaica right now, am I right? Think about it… digging your toes into sandy beaches… swimming with dolphins… with a tropical drink in your hand… That’s the thing, we’re always so focused on the destination, because that is the reason why we’re going. But there’s the whole process to get there, the journey…

And we know what that’s like. Getting everything in order like your passports, IDs, tickets, luggage, grandchildren maybe – oh no! Did I forget something?! That part can be stressful to say the least.

When should we start properly planning for retirement? Stephanie helps us and she also provides us with an overview of everything that should be considered for retirement?

Four of the hardest words to hear are “We need to talk.” But sometimes, that’s the best way to start a serious conversation. Unfortunately, many couples and families are putting off the tough conversations they need to have so they can plan for the future together. And preparing for the future as a family through estate and legacy planning … is definitely a good thing.

There are millions of articles online about investing, tax planning, budgeting, everything you can think of when it comes to preparing for retirement. There are important facts to know, and when it comes to your financial future, knowledge is power. BUT. There’s more to financial success than book smarts. There’s a psychology of money.