Retirement Reality Podcast

We hear a lot of half-truths in the financial world, not necessarily because people try to make misleading statements, but because sometimes a simple statement just doesn’t quite tell the whole story. Join Mike as he goes over some common financial half-truths to try and help clear some things up and put your mind at ease.

Here’s some of what we discuss in this episode:

• Knowing how much you are paying in fees.

To get in touch with Mike, visit our website: http://principalpreservationservices.com

In this episode, we’re diving into some famous words by the one and only Yogi Berra. You might know him for his legendary baseball career, but Yogi was also a goldmine of wisdom. So, what can we learn from Yogi about retirement planning?

Here are some of the quotes we’ll unpack in this episode:

• “I never said most of the things I said.”

To get in touch with Mike, visit our website: http://principalpreservationservices.com

What types of coverage should you be considering for your golden years? What do you need to keep in mind as you prep for the transition? We’re going to walk you through the fundamentals in today's episode, covering health insurance, long-term care insurance, life insurance, and more.

Here’s some of the mistakes we discuss in this episode:

• Why your health insurance coverage might change and how can you bridge the gap to Medicare?

To get in touch with Mike, visit our website: http://principalpreservationservices.com

In this episode, we’ll uncover the critical mistakes many make when choosing a financial advisor. We're cutting through the noise to highlight what often goes wrong- from misplaced trust in big names to overlooking the fine print. This episode is your essential guide to avoiding those pitfalls and making informed decisions that align with your financial goals.

Here’s some of the mistakes we discuss in this episode:

• Not understanding how the advisor gets paid

To get in touch with Mike, visit our website: http://principalpreservationservices.com

When we think of retirement, we often imagine endless days of relaxation, travel, and leisure. But how much of this is a dream versus reality? Today, we'll explore why a realistic approach to retirement, inclusive of financial planning and the potential for unexpected challenges, is crucial.

Here’s some of what we discuss in this episode:

• Understanding what retirement will realistically look like for you and planning accordingly

To get in touch with Mike, visit our website: http://principalpreservationservices.com

Each generation is currently navigating a unique part of the retirement planning experience. With many baby boomers preparing for the transition into retirement and the early half of Generation Z taking their initial steps into the career field, these major life events come with a handful of financial planning questions.

In this episode, we're covering the retirement questions that Gen X, Millennials, and Gen Z are asking.

Here’s some of what we discuss in this episode:

• How do you know how much you need to have saved and how to you tell if you’re on track?

To get in touch with Mike, visit our website: http://principalpreservationservices.com

Each generation is currently navigating a unique part of the retirement planning experience. With many baby boomers preparing for the transition into retirement and the early half of Generation Z taking their initial steps into the career field, these major life events come with a handful of financial planning questions. Over the next few weeks, we’ll share insights into the unique concerns that echo across different age groups.

We're starting this series with the baby boomer generation, as a majority of Mike's clients belong to this demographic.

Here’s some of what we discuss in this episode:

• How do I manage the risks of market volatility as I approach retirement?

To get in touch with Mike, visit our website: http://principalpreservationservices.com

Today we will unpack the toolbox of technology that's promising to redefine retirement planning, but does it deliver? This episode takes a critical look at the wave of innovations, from personal finance management software to online calculators, and questions whether they truly simplify the planning process or introduce new complexities.

Here’s some of what we discuss in this episode:

• The rise of robo-advisors and the ways they aren’t able to keep up with comprehensive planning.

To get in touch with Mike, visit our website: http://principalpreservationservices.com

In today’s episode, we spotlight some of the single oversights that could send your dreams to the bottom. We'll share key strategies to plug the gaps, ensuring your financial ship stays buoyant and on course. Tune in to protect your future from the one mistake that could derail everything.

Here’s some of what we discuss in this episode:

• The importance of having a robust financial strategy that ensures a steady income throughout retirement.

To get in touch with Mike, visit our website: http://principalpreservationservices.com

In this episode, we’ll share some eye-opening statistics and actionable advice to empower women in their financial journey. From the persistent gender pay gap to the impact of caregiving responsibilities and higher debt burdens, this is why retirement planning is different for women.

Here’s some of what we discuss in this episode:

• Even though they make up almost half of the workforce, women receive lower compensation than men across almost every occupation.

To get in touch with Mike, visit our website: http://principalpreservationservices.com