It’s Sunday, which means...it’s recap time here on the Retirement Quick Tips Podcast

This week the theme was: Listener Case Study: One Year To Retirement

In case you missed any episodes, here’s what I covered in each episode this week as I featured a case study from Monica about her upcoming retirement: 

The most important takeaway from this week is: While Monica faces a multitude of issues, her situation is actually pretty common. She’ll need to do some additional planning to figure out how she’ll pay for healthcare before Medicare kicks in, how to prioritize paying down debts, and whether or not they can afford to continue living in New York, where the cost of living is very high. 

If you would like your own questions answered on the podcast, I’m planning to incorporate more of these mailbag topics into upcoming weekly themes, so please email your own retirement questions to me. I’ll do my best to answer your question and I just might feature your question on the podcast! 

Send your email to [email protected]. That’s [email protected] 

Tomorrow, come on back, because we’re starting a brand new theme: Prepping for Emergencies.

With the recent attacks on Ukraine, I think a lot of people are concerned about escalation and this turning into WWIII. Myself, I worry about vulnerabilities to our power grid and situations where I might need to protect and feed my family in an emergency situation. And putting apocalypse worries aside, we all saw what happened in Texas last year as In February 2021 with the massive power outage during a string of winter storms. which came about as a result of three. The storms caused the worst energy infrastructure failure in Texas state history, leading to shortages of water, food, and heat.More than 4.5 million homes and businesses were left without power,some for several days. At least 246 people were killed directly or indirectly, with some estimates as high as 702 killed as a result of the crisis.

So with this in mind, how can you use your financial resources wisely to plan for emergencies. I’ll talk about smart ways to spend your money and what to focus on when making a plan for emergencies, which is a lot like planning for retirement. After all, what good is all the money in your bank account or in your 401k if you couldn’t keep yourself or your family alive for more than a few days in a natural disaster scenario. 

Thank you so much for listening this week! If this podcast is valuable for you, please share the show with a friend, a neighbor, your brother, or co-worker who is getting close to retirement. Just go to your favorite podcasting app, hit the share icon, then text or email the show link to someone you know who is eyeing retirement. 

Thanks for sharing the love and spreading the word. I hope you have a blessed Sunday. My name is Ashley Micciche, this is the Retirement Quick Tips Podcast.

----------

>>> Subscribe on Apple Podcasts: https://apple.co/2DI2LSP

>>> Subscribe on Amazon Alexa: https://amzn.to/2xRKrCs

>>> Visit the podcast page: https://truenorthra.com/podcast/ 

----------

Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance