Steve and Elizabeth Holland, with Todd “MJ” Schnitt, reveal essential strategies to ensure your money outlasts you in retirement. Facing longer life expectancies and inflation, many retirees need smarter approaches. This episode tackles the critical importance of strategic planning, moving beyond generic advice to personalized solutions.Key Takeaways:

• Longevity Planning: Acknowledge longer lifespans and ensure your money is actively working for you.
• Benefits of Part-Time Work: Even temporary part-time employment can significantly reduce portfolio withdrawals and boost long-term savings.
• Optimizing Social Security: Learn how delaying benefits can substantially increase your lifetime payout.
• Eliminate "Lazy Money": Stop letting cash sit in low-interest accounts. Move it to higher-yielding, federally insured options to maximize growth.
• Smart Asset Allocation: Diversify investments and regularly rebalance your portfolio to manage risk and achieve stable returns, avoiding common pitfalls like risky gold investments.
• Pre-Retirement Planning: If nearing retirement, immediately review your budget and conduct a comprehensive risk assessment (stress test) on your portfolio.

For a complimentary, no-obligation financial review, call The Holland Group Retirement Wealth Advisors at (727) 295-3451. Visit AskTheHollands.com for more information.