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Buy that Sams Club fishing shirt instead of the brand name at twice the price. Why would you do that? This is a step towards planning for retirement. The time when just because you can buy the more expensive shirt maybe you don't. Put the difference in your retirement account.
Just because you have a great salary and can buy that BMW, why not buy the Buick or Chevrolet? Either vehicle will get you from point A to B. Both look nice but one is substantially less expensive. Another contribution is your retirement fund.
It may be a time in your life to consider what you need rather than what you want. This is not to say you never buy what you want but it's a transition period. That Sams Club shirt is nice, it does the job but it does not have the name brand label. Perhaps you no longer have to consider what your friends and neighbors will think if you buy a Ford rather than a Mercedes.
This is how the discipline of retirement planning starts. Listen to this podcast and visit our website to read more about retirement at RetireCoast.com Read our series on Generation X 20 Years to Retirement
Enjoyed this episode? 🎙️
Subscribe to the RetireCoast Podcast for more practical conversations about retirement planning, financial preparedness, small business growth, and life on the Mississippi Gulf Coast.
👉 Visit RetireCoast.com for in-depth articles, resources, checklists, and guides that expand on the topics we cover here.
💬 Have a question or want us to cover a topic?
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Business After Retirement: Start, Manage, Succeed.
Disclaimer:
This podcast is for informational purposes only and does not provide financial, tax, or legal advice. Always consult with a qualified professional before making financial decisions.
Episode Keywords:
Big Beautiful Bill 2025, Social Security changes, retirement taxes, small business incentives, monthly living expenses in retirement, retirement budgeting, Medicare and seniors, financial security, retirement planning, Gulf Coast retirement, small business growth.
By Williamclick here: Leave a text, tell us what you liked
Buy that Sams Club fishing shirt instead of the brand name at twice the price. Why would you do that? This is a step towards planning for retirement. The time when just because you can buy the more expensive shirt maybe you don't. Put the difference in your retirement account.
Just because you have a great salary and can buy that BMW, why not buy the Buick or Chevrolet? Either vehicle will get you from point A to B. Both look nice but one is substantially less expensive. Another contribution is your retirement fund.
It may be a time in your life to consider what you need rather than what you want. This is not to say you never buy what you want but it's a transition period. That Sams Club shirt is nice, it does the job but it does not have the name brand label. Perhaps you no longer have to consider what your friends and neighbors will think if you buy a Ford rather than a Mercedes.
This is how the discipline of retirement planning starts. Listen to this podcast and visit our website to read more about retirement at RetireCoast.com Read our series on Generation X 20 Years to Retirement
Enjoyed this episode? 🎙️
Subscribe to the RetireCoast Podcast for more practical conversations about retirement planning, financial preparedness, small business growth, and life on the Mississippi Gulf Coast.
👉 Visit RetireCoast.com for in-depth articles, resources, checklists, and guides that expand on the topics we cover here.
💬 Have a question or want us to cover a topic?
Email [email protected]
or join our Facebook community:
Business After Retirement: Start, Manage, Succeed.
Disclaimer:
This podcast is for informational purposes only and does not provide financial, tax, or legal advice. Always consult with a qualified professional before making financial decisions.
Episode Keywords:
Big Beautiful Bill 2025, Social Security changes, retirement taxes, small business incentives, monthly living expenses in retirement, retirement budgeting, Medicare and seniors, financial security, retirement planning, Gulf Coast retirement, small business growth.