Are you scared of running out of money—especially in retirement? Join the club! It can be scary for retirees to find their cash flow running dry. So, we need to start preparing, and saving your money now, so that you can be financially stable in retirement. No one has a crystal ball, but there are certain factors, such as inflation and taxes, that we can prepare for now in our financial planning that will give us security down the road. If you’re worried about having a steady and consistent flow of money in retirement, start thinking now about “tightening your belt just a little bit” so that it will go a long way in retirement. This episode covers different tips, like diversification and budgeting, that can help you building our financial plan for retirement. Jim reminds us that what’s important is planning your finances well now so that you can retire awesome later. And remember, the only thing certain is uncertainty itself, so be ready to adjust your financial plan and how you spend and save your money. Creating a thorough, realistic financial plan for retirement doesn’t mean constantly worrying about money and cutting out things you love; it just means being smart with your money!

Check out the Retirement Challenge with the Retirement Planning Guy to make sure you’re on the right track to retirement!

What is your plan to cover long term care during your retirement? Most people don’t like to think about going into a nursing home later in life, but it’s something that we need to think about when we plan for retirement. It’s essential to understand your options and begin to plan for and invest in long term care insurance early on so that you can prepare in the best way that will pay off best for you in the long run. Long term care insurance can be complicated and challenging to navigate, which is why you need to position yourself now to allow yourself to get the best long term care down the road. There are four clear ways to approach long term care that meet the needs of different people in different fiscal standings. Jim cuts through the weeds—offering clear direction for those in any financial situation to create a robust plan for their long term care insurance. Tune in to the Retirement Planning Guy Podcast to learn how Jim recommends you face long term care planning and set yourself up for a rewarding, care-free retirement. www.planwellretirehappy.com

No one likes to fail—especially when it comes to retirement. Jim digs into the nitty-gritty of retirement mistakes that he sees so many people make and outlines the steps to follow and plans you need to have in place to avoid them and retire without regrets. You may be eager to retire but pump the breaks and educate yourself first so that you aren’t scrambling to make ends meet later. Jim explains why three key mistakes can wreak havoc on your plans for retirement.  He shares insight on the biggest mistake that people make in retirement: not having a retirement plan, and even walks you through the critical aspects of a successful retirement plan. His knowledge and perceptiveness help you gain perspective when it comes to preparing for your own retirement. Jim reminds listeners that the most important thing to do to avoid mistakes and plan for retirement well is to “be real with your money.” Enjoy the Retirement Planning Guy Podcast.

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So many of us are working towards retirement, but never entertain the idea of early retirement because it seems unattainable. The truth is, retirement, and–even more so—early retirement takes a lot of work and serious planning. In this episode, Jim helps navigate the road to early retirement and clearly outlines the steps we need to take in order to reach our goal of retiring early. 

Some are lucky enough to come into money that allows them to fall into early retirement comfortably without have to work hard to earn and save for it. For those that don’t have such luck, Jim explains the importance of having a frugal mindset now to retire early later. He reminds us that that the best way to achieve wealth is by being intentional about the way you spend and save your money. Jim chats about everything you need to know if you want to thrive in early retirement! Enjoy the Retirement Planning Guy Podcast

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It can be difficult for retirees to adjust to their newfound freedom and ample time. Often, being newly retired begs the question, “What’s next?” After working long hours and following a routine for a large portion of your life, transitioning into retirement at any age can be a considerable change. Our work becomes a part of our identity and gives us a sense of purpose, a sense of belonging, and allows us to make an impact. So, when our work is gone, we can be uncertain of what to do next and how to navigate retirement. In this episode, Jim speaks to this challenge that many retirees face and offers insight and encouragement for listeners. He chats about several options, including exploring new and old hobbies and helping others, that retirees can partake in to fill their time and discover where their value lies in retirement. Jim empowers retirees to find their purpose and find ways to continue to make an impact, reminding us that retirement is not an end, but the beginning of a new happy and fulfilling journey!  Enjoy the Retirement Planning Guy Podcast.

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In the very first episode of the Retirement Planning Guy podcast, Jim dives in to answer the age-old question, “How do I reach my retirement savings goals?” This question can be daunting, and we often find ourselves chasing this elusive “magic number” of savings without really understanding what it is and how to achieve this retirement goal. Jim brings to light the idea that there isn’t a “magic number.” He uncovers that, on the contrary, everyone will have different retirement goals because everyone has different priorities and lifestyles. Through his simple retirement calculator and clearly outlined steps, Jim helps you tackle your retirement planning the right way. He also speaks to the things you should be aware of and how to be smart about setting up a resilient retirement plan. Jim makes planning, saving, and budgeting for retirement interesting and easy with tips and tricks that anyone and everyone can use. Tune in to learn how to calculate your retirement savings and reach your goals! Enjoy the Retirement Planning Guy Podcast

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