Fullerton Financial Hour

Women statistically outlive men by about six years, so a lot of wives will outlive their husbands in retirement. That means a lot of women will suddenly be taking over their own finances for what may be the first time in their lives. That can be confusing and even scary.

If you have questions about retirement, who better to ask than someone who’s been there before? Today we’ll share top advice from people who have been there and done that. Real retirement tips from real retirees.

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.

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.

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?

Our national conversation is starting to shift when it comes to mental health and how well you take care of yourself.

We don’t always talk about it a lot on this show, but there’s a mental health aspect to preparing for retirement as well. Stephanie tells us if she has seen this come up with the people she helps?

The big question is...can I retire? When can I retire? Do I have enough? Will my money last as long as I need it to? Will my loved ones be okay if something happens to me? Steve Fullerton and Josh Becker help us answer some of those questions

Retirement planning as a concept is still relatively new. Thirty or 40 years ago, people had pensions, they had Social Security and savings, and they didn’t live quite as long after retiring. Stephanie talks about how these factors have changed over the years.

We’re faced with questions every day. What’s for dinner? When’s the meeting? How was your day? These are questions that are – or should be – easy to answer, but when you’re starting to consider retirement, the questions can get a lot more complicated.

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.