Reaching the $2 million milestone in retirement isn’t the finish line—it’s a turning point. In this video, we’ll unpack the five biggest traps that quietly drain wealth from retirees, and the four-pillar framework you can use to protect and grow what you’ve built. From hidden tax risks to poor portfolio alignment and legacy blind spots, you’ll discover how to shift from accumulation to preservation with confidence. Whether you’re approaching retirement or already there, this video will show you how to keep more of what you’ve earned, simplify your strategy, and enjoy the freedom you’ve worked for.

#RetirementPlanning #WealthPreservation #RetirementMindset #FinancialFreedom #TaxStrategy #RetirementInvesting #LegacyPlanning #WealthManagement #FinancialAdvisor #retirementwealth

00:00-Intro

00:50-The $2 Million Paradox: Freedom and Fear

01:30-Trap #1: Not Knowing Your Real Number

02:26-Trap #2: The Tax Time Bomb

03:45-Trap #3: Portfolio Misalignment

05:15-Trap #4: The “Exclusive” Investment Trap

06:13-Trap #5: Legacy Blind Spots

07:17-The Four-Pillar $2 Million Framework

08:56-Legacy Alignment

★☆★Stop leaving yourself vulnerable to data breaches. Go to my sponsor Aura to get a 14-day free trial and see if any of your data has been exposed.★☆★👇

https://aura.com/cwmwealth

⭐Support the Channel by Becoming a Community Member⭐ 👇https://www.youtube.com/channel/UC13s0hQVkEv-azgzhOe8QXA/join

Outstanding Personal Finance Tools👇

Budgeting...👇

★☆★ Rocket Money (originally called as TrueBill) ★☆★

https://rocketmoney.sjv.io/CelestialWM

Wealth Management...👇

★☆★Personal Capital ★☆★👇

https://personalcapital.sjv.io/CelestialWM

Bookkeeping...👇

★☆★Gusto Bookkeeping★☆★👇

https://gusto.pxf.io/CelestialWM

[About] Colin Exelby is a Certified Financial Planner Professional™ or CFP®. He owns the virtual financial advisory practice Celestial Wealth Management.

I provide financial planning for business owners and their families that makes sense.

Transformational change is made when you focus on the big picture. My goal is to help you think outside the box about your life, your money, and your health to be the best you can possibly be.

We strive to help you:

*Optimize Your Cash Flow

*Minimize Your Taxes

*Build Your Net Worth

*Create a Lasting Legacy

➡️ ➡️Free Guide Here: https://celestialwm.com/ptpebook-go/⬅️⬅️

Do you watch Dave Ramsey, Robert Kiyosaki, Grant Cardone, Gary Vee, Graham Stephan, Meet Kevin, Ryan Scribner, Replace Your Mortgage, Project Life Mastery, Russel Brunson, Alex Becker, Tanner J Fox, Refusing to Settle, Dan Lok, Jeff Rose, Tai Lopez, Bigger Pockets, or Pat Flynn? Then you'll love our channel! Be sure to subscribe and I'll see you in the comments!

Top Financial Advisor Baltimore. Top Financial Planner Maryland.

Affiliate Link Disclaimer: I only recommend products I would use myself and all opinions expressed here are our own. This post may contain affiliate links that at no additional cost to you, I may earn a small commission. Read full privacy policy at celestialwm.com.

Celestial Wealth Management LLC receives compensation from YouTube for the presence of advertising before, after, and during this video content. Celestial Wealth Management LLC does not control the content or presence of any advertisements. The presence of any advertisement does not constitute an endorsement of the ad, company, entity, or product by Celestial Wealth Management LLC.

In this video, I’m breaking down two of the most misleading retirement “rules” that continue to circulate online — Dave Ramsey’s 8% withdrawal rule and Suze Orman’s $5 million to retire claim. While these ideas might sound empowering, they can actually set you up for disaster if you follow them blindly. I’ll explain why retirement planning plays by a completely different set of rules — where the goal shifts from building wealth to protecting it — and show you how sequence of returns risk, inflated market assumptions, and one-size-fits-all advice can destroy even the best-laid plans. Plus, you’ll see how a structured approach using retirement “buckets” can give you far more stability, even in uncertain markets.

#retirementplanning #daveramsey #suzeorman #retirementmyths #financialfreedom #investing #retirementincome #retirementstrategy #personalfinance #financialadvisor

00:00-Intro

00:30-Why Retirement Planning Plays by Different Rules

01:25-Myth #1: Dave Ramsey’s “8% Withdrawal Rule”

02:45-Why the 8% Rule Doesn’t Work

08:25-The Smarter Approach

09:18-Myth #2: Suze Orman’s “$5 Million to Retire” Rule

10:10-The Case Study: Professor Pat

12:15-The Real Lesson

⭐This video is sponsored by Chapter. Find out more about your Medicare options by speaking with a real human in the U.S. Call Chapter to schedule your complimentary appointment at ➡️ (818) 924-2041 or visit ➡️ https://askchapter.org/CWM⭐

★☆★Stop leaving yourself vulnerable to data breaches. Go to my sponsor Aura to get a 14-day free trial and see if any of your data has been exposed.★☆★👇

https://aura.com/cwmwealth

⭐Support the Channel by Becoming a Community Member⭐ 👇https://www.youtube.com/channel/UC13s0hQVkEv-azgzhOe8QXA/join

Outstanding Personal Finance Tools👇

Budgeting...👇

★☆★ Rocket Money (originally called as TrueBill) ★☆★

https://rocketmoney.sjv.io/CelestialWM

Wealth Management...👇

★☆★Personal Capital ★☆★👇

https://personalcapital.sjv.io/CelestialWM

Bookkeeping...👇

★☆★Gusto Bookkeeping★☆★👇

https://gusto.pxf.io/CelestialWM

[About] Colin Exelby is a Certified Financial Planner Professional™ or CFP®. He owns the virtual financial advisory practice Celestial Wealth Management.

I provide financial planning for business owners and their families that makes sense.

Transformational change is made when you focus on the big picture. My goal is to help you think outside the box about your life, your money, and your health to be the best you can possibly be.

We strive to help you:

*Optimize Your Cash Flow

*Minimize Your Taxes

*Build Your Net Worth

*Create a Lasting Legacy

➡️ ➡️Free Guide Here: https://celestialwm.com/ptpebook-go/⬅️⬅️

Do you watch Dave Ramsey, Robert Kiyosaki, Grant Cardone, Gary Vee, Graham Stephan, Meet Kevin, Ryan Scribner, Replace Your Mortgage, Project Life Mastery, Russel Brunson, Alex Becker, Tanner J Fox, Refusing to Settle, Dan Lok, Jeff Rose, Tai Lopez, Bigger Pockets, or Pat Flynn? Then you'll love our channel! Be sure to subscribe and I'll see you in the comments!

Top Financial Advisor Baltimore. Top Financial Planner Maryland.

Affiliate Link Disclaimer: I only recommend products I would use myself and all opinions expressed here are our own. This post may contain affiliate links that at no additional cost to you, I may earn a small commission. Read full privacy policy at celestialwm.com.

Celestial Wealth Management LLC receives compensation from YouTube for the presence of advertising before, after, and during this video content. Celestial Wealth Management LLC does not control the content or presence of any advertisements. The presence of any advertisement does not constitute an endorsement of the ad, company, entity, or product by Celestial Wealth Management LLC.

Retiring before you are eligible for Medicare? In this video, Colin Exelby, CFP® Shows you strategies for covering the healthcare gap in early retirement.

Retiring at 62 might sound exciting, but there’s one huge challenge that catches most people off guard — healthcare. You won’t qualify for Medicare until 65, and those three years in between can cost $20,000 to $30,000 per year if you’re not prepared. In this video, I break down exactly how to bridge that healthcare gap without draining your savings — from using Roth IRA and HSA withdrawals strategically, to qualifying for ACA subsidies that could reduce your premiums to nearly $0. You’ll also learn how to build a three-year healthcare bridge, use COBRA effectively, and avoid the most common mistakes that cost retirees thousands. If you’re planning to retire early, this is your roadmap to affordable healthcare before Medicare kicks in.

#retirementplanning #healthinsurance #earlyretirement #retirementtips #financialplanning #retirementstrategy #medicare #taxplanning #retireearly #obamacare

⭐This video is sponsored by Chapter. Find out more about your Medicare options by speaking with a real human in the U.S.⭐

Call Chapter to schedule your complimentary appointment at ➡️ (818) 924-2041 or

visit ➡️ https://askchapter.org/CWM

★☆★Stop leaving yourself vulnerable to data breaches. Go to my sponsor Aura to get a 14-day free trial and see if any of your data has been exposed.★☆★👇

https://aura.com/cwmwealth

00:00-Intro

00:49-The Healthcare Gap Between 62 and 65

01:43-Is Your Spouse Still Working?

02:10-Engineer a “Low-Income” Retirement (On Purpose)

06:08-Obamacare ACA Subsidy Expiration

07:40-What Does This Mean For You?

08:32-How to Build a Three-Year Healthcare Bridge

11:05-Common Mistakes to Avoid

12:06-Turning a Challenge Into an Opportunity

⭐Support the Channel by Becoming a Community Member⭐ 👇https://www.youtube.com/channel/UC13s0hQVkEv-azgzhOe8QXA/join

Outstanding Personal Finance Tools👇

Budgeting...👇

★☆★ Rocket Money (originally called as TrueBill) ★☆★

https://rocketmoney.sjv.io/CelestialWM

Wealth Management...👇

★☆★Personal Capital ★☆★👇

https://personalcapital.sjv.io/CelestialWM

Bookkeeping...👇

★☆★Gusto Bookkeeping★☆★👇

https://gusto.pxf.io/CelestialWM

[About] Colin Exelby is a Certified Financial Planner Professional™ or CFP®. He owns the virtual financial advisory practice Celestial Wealth Management.

I provide financial planning for business owners and their families that makes sense.

Transformational change is made when you focus on the big picture. My goal is to help you think outside the box about your life, your money, and your health to be the best you can possibly be.

We strive to help you:

*Optimize Your Cash Flow

*Minimize Your Taxes

*Build Your Net Worth

*Create a Lasting Legacy

➡️ ➡️Free Guide Here: https://celestialwm.com/ptpebook-go/⬅️⬅️

Do you watch Dave Ramsey, Robert Kiyosaki, Grant Cardone, Gary Vee, Graham Stephan, Meet Kevin, Ryan Scribner, Replace Your Mortgage, Project Life Mastery, Russel Brunson, Alex Becker, Tanner J Fox, Refusing to Settle, Dan Lok, Jeff Rose, Tai Lopez, Bigger Pockets, or Pat Flynn? Then you'll love our channel! Be sure to subscribe and I'll see you in the comments!

Top Financial Advisor Baltimore. Top Financial Planner Maryland.

Affiliate Link Disclaimer: I only recommend products I would use myself and all opinions expressed here are our own. This post may contain affiliate links that at no additional cost to you, I may earn a small commission. Read full privacy policy at celestialwm.com.

Celestial Wealth Management LLC receives compensation from YouTube for the presence of advertising before, after, and during this video content. Celestial Wealth Management LLC does not control the content or presence of any advertisements. The presence of any advertisement does not constitute an endorsement of the ad, company, entity, or product by Celestial Wealth Management LLC.

In this video, Colin Exelby, CFP® covers how social security taxation works and how to minimize it

Most retirees are shocked to learn that up to 85% of their Social Security benefits can be taxed — but it doesn’t have to be that way. In this video, I’ll break down exactly how Social Security taxes work, where they came from, and how you can legally lower or even eliminate them. You’ll learn how provisional income is calculated, what counts (and doesn’t count) toward it, and how using Roth IRAs, HSAs, annuities, and real estate income can help keep your taxable income low. I’ll also show how new 2025 deductions could make a portion of your income completely tax-free. If you’re nearing retirement or already collecting benefits, this is a must-watch guide to keeping more of what you earned.

⭐This video is sponsored by Chapter. Find out more about your Medicare options by speaking with a real human in the U.S. Call Chapter to schedule your complimentary appointment at ➡️ (818) 924-2041 or visit ➡️ https://askchapter.org/CWM⭐

#SocialSecurity #Taxes #RetirementPlanning #TaxFreeIncome #RetirementTips #FinancialFreedom #TaxStrategy #RothIRA #RetirementIncome #PersonalFinance

00:00-Intro

01:18-What is provisional income?

02:39-What doesn't count as provisional income?

03:40-How provisional income makes your social security taxable?

04:15-Taxable doesn't mean taxed

06:36-How to keep your provisional income low

★☆★Stop leaving yourself vulnerable to data breaches. Go to my sponsor Aura to get a 14-day free trial and see if any of your data has been exposed.★☆★👇

https://aura.com/cwmwealth

⭐Support the Channel by Becoming a Community Member⭐ 👇https://www.youtube.com/channel/UC13s0hQVkEv-azgzhOe8QXA/join

Outstanding Personal Finance Tools👇

Budgeting...👇

★☆★ Rocket Money (originally called as TrueBill) ★☆★

https://rocketmoney.sjv.io/CelestialWM

Wealth Management...👇

★☆★Personal Capital ★☆★👇

https://personalcapital.sjv.io/CelestialWM

Bookkeeping...👇

★☆★Gusto Bookkeeping★☆★👇

https://gusto.pxf.io/CelestialWM

[About] Colin Exelby is a Certified Financial Planner Professional™ or CFP®. He owns the virtual financial advisory practice Celestial Wealth Management.

I provide financial planning for business owners and their families that makes sense.

Transformational change is made when you focus on the big picture. My goal is to help you think outside the box about your life, your money, and your health to be the best you can possibly be.

We strive to help you:

*Optimize Your Cash Flow

*Minimize Your Taxes

*Build Your Net Worth

*Create a Lasting Legacy

➡️ ➡️Free Guide Here: https://celestialwm.com/ptpebook-go/⬅️⬅️

Do you watch Dave Ramsey, Robert Kiyosaki, Grant Cardone, Gary Vee, Graham Stephan, Meet Kevin, Ryan Scribner, Replace Your Mortgage, Project Life Mastery, Russel Brunson, Alex Becker, Tanner J Fox, Refusing to Settle, Dan Lok, Jeff Rose, Tai Lopez, Bigger Pockets, or Pat Flynn? Then you'll love our channel! Be sure to subscribe and I'll see you in the comments!

Top Financial Advisor Baltimore. Top Financial Planner Maryland.

Affiliate Link Disclaimer: I only recommend products I would use myself and all opinions expressed here are our own. This post may contain affiliate links that at no additional cost to you, I may earn a small commission. Read full privacy policy at celestialwm.com.

Celestial Wealth Management LLC receives compensation from YouTube for the presence of advertising before, after, and during this video content. Celestial Wealth Management LLC does not control the content or presence of any advertisements. The presence of any advertisement does not constitute an endorsement of the ad, company, entity, or product by Celestial Wealth Management LLC.

In this video, Colin Exelby, CFP® covers his top 10 recommendations if you are 60 years old and have nothing saved for retirement.

If you’re 60 years old and don’t have anything saved for retirement, you’re not alone—and it’s not too late to turn things around. In this video, I share 10 powerful strategies to help you gain control of your finances, reduce stress, and create a retirement you can feel confident about. From cutting expenses and paying off debt to automating savings, rethinking work, and even improving your health, these steps go beyond the basics and show you how to make real progress in as little as five years. Whether you’re starting from zero or just need a push, this video will give you the clarity and momentum to build the retirement you deserve.

Link to Budgeting Spreadsheet:⭐ 👇

https://docs.google.com/spreadsheets/d/1v2XlFSAOrBdUA_-ijIOFL30gEN4yYFPNymD06EE-FN4/edit?gid=0#gid=0

00:00-Intro

01:35- Step #1: Get Clear on Where You Stand

06:57-Step #2: Complete a 60-Day Spending Audit

08:00-Step #3: Build Your Emergency Fund

09:07-Step #4: Pay Off Debt

10:36-Step #5: Automate Your Savings & Investing

13:30-Step #6: Get Creative & Think Outside the Box

14:22-Step #7:Work Longer (On Your Own Terms)

16:12-Step #8:Delay Social Security (If You Can)

17:04-Step #9:Improve Your Health Now

17:56-Step #10:Keep Learning & Strengthen Your Mindset

#RetirementPlanning #MoneyTips #PersonalFinance #RetirementSavings #FinancialFreedom #MoneyManagement #Over60Finance #CatchUpSavings #WealthBuilding #RetirementAdvice

⭐Support the Channel by Becoming a Community Member⭐ 👇https://www.youtube.com/channel/UC13s0hQVkEv-azgzhOe8QXA/join

Outstanding Personal Finance Tools👇

Budgeting...👇

★☆★ Rocket Money (originally called as TrueBill) ★☆★

https://rocketmoney.sjv.io/CelestialWM

Wealth Management...👇

★☆★Personal Capital ★☆★👇

https://personalcapital.sjv.io/CelestialWM

Bookkeeping...👇

★☆★Gusto Bookkeeping★☆★👇

https://gusto.pxf.io/CelestialWM

[About] Colin Exelby is a Certified Financial Planner Professional™ or CFP®. He owns the virtual financial advisory practice Celestial Wealth Management.

I provide financial planning for business owners and their families that makes sense.

Transformational change is made when you focus on the big picture. My goal is to help you think outside the box about your life, your money, and your health to be the best you can possibly be.

We strive to help you:

*Optimize Your Cash Flow

*Minimize Your Taxes

*Build Your Net Worth

*Create a Lasting Legacy

➡️ ➡️Free Guide Here: https://celestialwm.com/ptpebook-go/⬅️⬅️

Do you watch Dave Ramsey, Robert Kiyosaki, Grant Cardone, Gary Vee, Graham Stephan, Meet Kevin, Ryan Scribner, Replace Your Mortgage, Project Life Mastery, Russel Brunson, Alex Becker, Tanner J Fox, Refusing to Settle, Dan Lok, Jeff Rose, Tai Lopez, Bigger Pockets, or Pat Flynn? Then you'll love our channel! Be sure to subscribe and I'll see you in the comments!

Top Financial Advisor Baltimore. Top Financial Planner Maryland.

Affiliate Link Disclaimer: I only recommend products I would use myself and all opinions expressed here are our own. This post may contain affiliate links that at no additional cost to you, I may earn a small commission. Read full privacy policy at celestialwm.com.

Celestial Wealth Management LLC receives compensation from YouTube for the presence of advertising before, after, and during this video content. Celestial Wealth Management LLC does not control the content or presence of any advertisements. The presence of any advertisement does not constitute an endorsement of the ad, company, entity, or product by Celestial Wealth Management LLC.

In this video, Colin Exelby, CFP® explains why over 1,000,000 Seniors Are Losing Medicare Advantage Plans in 2026. United healthcare announced plan exits that will impact 600,000+ members. Other large and small carriers will follow suit.

Stay informed with this video explaining upcoming changes to Medicare Advantage plans in 2026, which could impact millions. Understand your Medicare eligibility and how these changes to medicare part a and b explained affect your Medicare premiums. Get insurance tips to navigate your medicare sign up and find medicare plans near me.

If your plan is eliminated, doing nothing could leave you with only Original Medicare and no drug coverage, so it’s crucial to review your Annual Notice of Change letter (ANOC) and take action during the enrollment period. In this video, I break down why plans are being cancelled, what it means for you, and the steps to protect your healthcare in retirement.

⭐This video is sponsored by Chapter. Find out more about your Medicare options by speaking with a real human in the U.S.⭐

Call Chapter to schedule your complimentary appointment at ➡️ (818) 924-2041 or

visit ➡️ https://askchapter.org/CWM

#Medicare #MedicareAdvantage #RetirementPlanning #HealthcareCosts #Medigap #MedicareCoverage #SeniorHealth #RetirementTips #InsuranceNews #financialplanning

00:00-Introduction

00:42-What’s Actually Happening

01:37-Why Insurance Companies Are Doing This

03:47-Why This Matters for You

05:13-What to Watch For in 2026 Plans

07:18-Your Options if Your Plan Is Eliminated

08:11-Important Deadlines

08:38-A Word on Brokers, Compensation, and Reality

09:17

⭐Support the Channel by Becoming a Community Member⭐ 👇https://www.youtube.com/channel/UC13s0hQVkEv-azgzhOe8QXA/join

Outstanding Personal Finance Tools👇

Budgeting...👇

★☆★ Rocket Money (originally called as TrueBill) ★☆★

https://rocketmoney.sjv.io/CelestialWM

Wealth Management...👇

★☆★Personal Capital ★☆★👇

https://personalcapital.sjv.io/CelestialWM

Bookkeeping...👇

★☆★Gusto Bookkeeping★☆★👇

https://gusto.pxf.io/CelestialWM

[About] Colin Exelby is a Certified Financial Planner Professional™ or CFP®. He owns the virtual financial advisory practice Celestial Wealth Management.

I provide financial planning for business owners and their families that makes sense.

Transformational change is made when you focus on the big picture. My goal is to help you think outside the box about your life, your money, and your health to be the best you can possibly be.

We strive to help you:

*Optimize Your Cash Flow

*Minimize Your Taxes

*Build Your Net Worth

*Create a Lasting Legacy

➡️ ➡️Free Guide Here: https://celestialwm.com/ptpebook-go/⬅️⬅️

Do you watch Dave Ramsey, Robert Kiyosaki, Grant Cardone, Gary Vee, Graham Stephan, Meet Kevin, Ryan Scribner, Replace Your Mortgage, Project Life Mastery, Russel Brunson, Alex Becker, Tanner J Fox, Refusing to Settle, Dan Lok, Jeff Rose, Tai Lopez, Bigger Pockets, or Pat Flynn? Then you'll love our channel! Be sure to subscribe and I'll see you in the comments!

Top Financial Advisor Baltimore. Top Financial Planner Maryland.

Affiliate Link Disclaimer: I only recommend products I would use myself and all opinions expressed here are our own. This post may contain affiliate links that at no additional cost to you, I may earn a small commission. Read full privacy policy at celestialwm.com.

Celestial Wealth Management LLC receives compensation from YouTube for the presence of advertising before, after, and during this video content. Celestial Wealth Management LLC does not control the content or presence of any advertisements. The presence of any advertisement does not constitute an endorsement of the ad, company, entity, or product by Celestial Wealth Management LLC.

In this video Colin Exelby, CFP® explains 5 things you should consider selling before you retire

Retirement isn’t just about what you add — sometimes the real freedom comes from what you let go of. From oversized homes and extra cars to complicated investments and unused toys, downsizing can give you back your time, money, and energy. In this video, I’ll show you why letting go of the right things before retirement can help you live lighter, freer, and with more peace of mind in your next chapter.

#retirementplanning #financialfreedom #downsizing #retirementtips #decluttering #simplifylife #moneytips #financialplanning #retirementadvice #minimalism

00:00-Intro

00:58-Why Retirement Is the Perfect Time to Let Go

01:42-Downsizing the House That’s Too Big

02:58-Do You Really Need Multiple Cars?

03:39-Simplifying Overly Complex Investments

05:34-Letting Go of the Toys You Don’t Use

07:26-The Hoarding Trap Many Boomers Fall Into

08:10-When to Let Go of a Business or Rental Property

09:18-Final Thoughts

⭐Support the Channel by Becoming a Community Member⭐ 👇https://www.youtube.com/channel/UC13s0hQVkEv-azgzhOe8QXA/join

Outstanding Personal Finance Tools👇

Budgeting...👇

★☆★ Rocket Money (originally called as TrueBill) ★☆★

https://rocketmoney.sjv.io/CelestialWM

Wealth Management...👇

★☆★Personal Capital ★☆★👇

https://personalcapital.sjv.io/CelestialWM

Bookkeeping...👇

★☆★Gusto Bookkeeping★☆★👇

https://gusto.pxf.io/CelestialWM

[About] Colin Exelby is a Certified Financial Planner Professional™ or CFP®. He owns the virtual financial advisory practice Celestial Wealth Management.

I provide financial planning for business owners and their families that makes sense.

Transformational change is made when you focus on the big picture. My goal is to help you think outside the box about your life, your money, and your health to be the best you can possibly be.

We strive to help you:

*Optimize Your Cash Flow

*Minimize Your Taxes

*Build Your Net Worth

*Create a Lasting Legacy

➡️ ➡️Free Guide Here: https://celestialwm.com/ptpebook-go/⬅️⬅️

Do you watch Dave Ramsey, Robert Kiyosaki, Grant Cardone, Gary Vee, Graham Stephan, Meet Kevin, Ryan Scribner, Replace Your Mortgage, Project Life Mastery, Russel Brunson, Alex Becker, Tanner J Fox, Refusing to Settle, Dan Lok, Jeff Rose, Tai Lopez, Bigger Pockets, or Pat Flynn? Then you'll love our channel! Be sure to subscribe and I'll see you in the comments!

Top Financial Advisor Baltimore. Top Financial Planner Maryland.

Affiliate Link Disclaimer: I only recommend products I would use myself and all opinions expressed here are our own. This post may contain affiliate links that at no additional cost to you, I may earn a small commission. Read full privacy policy at celestialwm.com.

Celestial Wealth Management LLC receives compensation from YouTube for the presence of advertising before, after, and during this video content. Celestial Wealth Management LLC does not control the content or presence of any advertisements. The presence of any advertisement does not constitute an endorsement of the ad, company, entity, or product by Celestial Wealth Management LLC.

In this video Colin Exelby, CFP® explains 5 things you should expect in year 1 of retirement.

Most people think about what they are retiring from....but what are you retiring to?

Retirement isn’t a finish line—it’s the starting point. The first year after you stop working is full of surprises that no spreadsheet can prepare you for: shifting routines, relationship adjustments, identity changes, and financial realities that feel different when your portfolio becomes your paycheck. In this video, I’ll share five of the most common curveballs new retirees face and the simple fixes that can help you find structure, purpose, and joy faster.

#retirementplanning #financialfreedom #retirementlifestyle #moneytips #retirementgoals #financialplanning #wealthbuilding #lifeafterwork #retirewell #personalfinance

00:00-Intro

00:26-Two People, One House: Relationship Reboot

02:13-The Reality Check: It’s Not a Never-Ending Vacation

03:27-Who Am I Without the Job Title?

04:35-The Loneliness Curve Is Real (But Beatable)

06:10-The Money Work Doesn’t End—It Changes

07:18-Expect Curveballs—and Adapt

⭐Support the Channel by Becoming a Community Member⭐ 👇https://www.youtube.com/channel/UC13s0hQVkEv-azgzhOe8QXA/join

Outstanding Personal Finance Tools👇

Budgeting...👇

★☆★ Rocket Money (originally called as TrueBill) ★☆★

https://rocketmoney.sjv.io/CelestialWM

Wealth Management...👇

★☆★Personal Capital ★☆★👇

https://personalcapital.sjv.io/CelestialWM

Bookkeeping...👇

★☆★Gusto Bookkeeping★☆★👇

https://gusto.pxf.io/CelestialWM

[About] Colin Exelby is a Certified Financial Planner Professional™ or CFP®. He owns the virtual financial advisory practice Celestial Wealth Management.

I provide financial planning for business owners and their families that makes sense.

Transformational change is made when you focus on the big picture. My goal is to help you think outside the box about your life, your money, and your health to be the best you can possibly be.

We strive to help you:

*Optimize Your Cash Flow

*Minimize Your Taxes

*Build Your Net Worth

*Create a Lasting Legacy

➡️ ➡️Free Guide Here: https://celestialwm.com/ptpebook-go/⬅️⬅️

Do you watch Dave Ramsey, Robert Kiyosaki, Grant Cardone, Gary Vee, Graham Stephan, Meet Kevin, Ryan Scribner, Replace Your Mortgage, Project Life Mastery, Russel Brunson, Alex Becker, Tanner J Fox, Refusing to Settle, Dan Lok, Jeff Rose, Tai Lopez, Bigger Pockets, or Pat Flynn? Then you'll love our channel! Be sure to subscribe and I'll see you in the comments!

Top Financial Advisor Baltimore. Top Financial Planner Maryland.

Affiliate Link Disclaimer: I only recommend products I would use myself and all opinions expressed here are our own. This post may contain affiliate links that at no additional cost to you, I may earn a small commission. Read full privacy policy at celestialwm.com.

Celestial Wealth Management LLC receives compensation from YouTube for the presence of advertising before, after, and during this video content. Celestial Wealth Management LLC does not control the content or presence of any advertisements. The presence of any advertisement does not constitute an endorsement of the ad, company, entity, or product by Celestial Wealth Management LLC.

In this video Colin Exelby, CFP® explains the top reason you should consider retirement sooner than later.

If you’ve saved enough to retire, waiting longer might be the biggest mistake you ever make. Money gives you security and freedom, but once you reach “enough,” extra years of work don’t add real value — they only cost you time. In this video, I’ll show you why your healthiest, most vibrant years are too precious to trade for money you may never use, and why retiring sooner could change your life.

#RetirementPlanning #FinancialFreedom #RetireEarly #MoneyTips #WealthManagement #FinancialIndependence #MoneyMatters #LifePlanning #TimeOverMoney #retirementgoals

00:00-Intro

00:16-The Law of Diminishing Returns

01:50-The Real Cost of Working Too Long

03:10-The Regrets I Hear From Retirees

04:38-Why Time Should Be the Focus of Your Retirement Plan

05:55-Breaking the Fear of “What If”

06:40-How to Recognize When You’re Ready

07:25-The Shift in Perspective That Changes Everything

⭐Support the Channel by Becoming a Community Member⭐ 👇https://www.youtube.com/channel/UC13s0hQVkEv-azgzhOe8QXA/join

Outstanding Personal Finance Tools👇

Budgeting...👇

★☆★ Rocket Money (originally called as TrueBill) ★☆★

https://rocketmoney.sjv.io/CelestialWM

Wealth Management...👇

★☆★Personal Capital ★☆★👇

https://personalcapital.sjv.io/CelestialWM

Bookkeeping...👇

★☆★Gusto Bookkeeping★☆★👇

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[About] Colin Exelby is a Certified Financial Planner Professional™ or CFP®. He owns the virtual financial advisory practice Celestial Wealth Management.

I provide financial planning for business owners and their families that makes sense.

Transformational change is made when you focus on the big picture. My goal is to help you think outside the box about your life, your money, and your health to be the best you can possibly be.

We strive to help you:

*Optimize Your Cash Flow

*Minimize Your Taxes

*Build Your Net Worth

*Create a Lasting Legacy

➡️ ➡️Free Guide Here: https://celestialwm.com/ptpebook-go/⬅️⬅️

Do you watch Dave Ramsey, Robert Kiyosaki, Grant Cardone, Gary Vee, Graham Stephan, Meet Kevin, Ryan Scribner, Replace Your Mortgage, Project Life Mastery, Russel Brunson, Alex Becker, Tanner J Fox, Refusing to Settle, Dan Lok, Jeff Rose, Tai Lopez, Bigger Pockets, or Pat Flynn? Then you'll love our channel! Be sure to subscribe and I'll see you in the comments!

Top Financial Advisor Baltimore. Top Financial Planner Maryland.

Affiliate Link Disclaimer: I only recommend products I would use myself and all opinions expressed here are our own. This post may contain affiliate links that at no additional cost to you, I may earn a small commission. Read full privacy policy at celestialwm.com.

Celestial Wealth Management LLC receives compensation from YouTube for the presence of advertising before, after, and during this video content. Celestial Wealth Management LLC does not control the content or presence of any advertisements. The presence of any advertisement does not constitute an endorsement of the ad, company, entity, or product by Celestial Wealth Management LLC.

In this video Colin Exelby, CFP® explains how a pension changes your retirement planning.

Retirement planning looks completely different when you have a pension — and only 24% of working Americans do. That extra stream of guaranteed income can be a huge advantage, but it also comes with unique challenges for taxes, Social Security timing, survivor benefits, and investing. In this video, we’ll cover the four biggest things every pension holder must know: understanding exactly how your pension works, avoiding tax traps (including the “widow’s penalty”), choosing the right payout option, and making your pension part of a smart investment strategy. Done right, your pension can be the backbone of a secure retirement.

#PensionPlanning #RetirementPlanning #FinancialFreedom #RetireSmart #TaxPlanning #SocialSecurity #InvestingForRetirement #MoneyTips #WealthBuilding #financialplanning

Big Beautiful Bill E-Book: https://celestialwm.com/bbbebook/

00:00-Intro

00:50-Understand How Your Pension Works (and What It’s Really Worth)

02:45-Tax Planning

08:30-Survivor & Payment Options

10:38-Investment Strategy

⭐Support the Channel by Becoming a Community Member⭐ 👇https://www.youtube.com/channel/UC13s0hQVkEv-azgzhOe8QXA/join

Outstanding Personal Finance Tools👇

Budgeting...👇

★☆★ Rocket Money (originally called as TrueBill) ★☆★

https://rocketmoney.sjv.io/CelestialWM

Wealth Management...👇

★☆★Personal Capital ★☆★👇

https://personalcapital.sjv.io/CelestialWM

Bookkeeping...👇

★☆★Gusto Bookkeeping★☆★👇

https://gusto.pxf.io/CelestialWM

[About] Colin Exelby is a Certified Financial Planner Professional™ or CFP®. He owns the virtual financial advisory practice Celestial Wealth Management.

I provide financial planning for business owners and their families that makes sense.

Transformational change is made when you focus on the big picture. My goal is to help you think outside the box about your life, your money, and your health to be the best you can possibly be.

We strive to help you:

*Optimize Your Cash Flow

*Minimize Your Taxes

*Build Your Net Worth

*Create a Lasting Legacy

➡️ ➡️Free Guide Here: https://celestialwm.com/ptpebook-go/⬅️⬅️

Do you watch Dave Ramsey, Robert Kiyosaki, Grant Cardone, Gary Vee, Graham Stephan, Meet Kevin, Ryan Scribner, Replace Your Mortgage, Project Life Mastery, Russel Brunson, Alex Becker, Tanner J Fox, Refusing to Settle, Dan Lok, Jeff Rose, Tai Lopez, Bigger Pockets, or Pat Flynn? Then you'll love our channel! Be sure to subscribe and I'll see you in the comments!

Top Financial Advisor Baltimore. Top Financial Planner Maryland.

Affiliate Link Disclaimer: I only recommend products I would use myself and all opinions expressed here are our own. This post may contain affiliate links that at no additional cost to you, I may earn a small commission. Read full privacy policy at celestialwm.com.

Celestial Wealth Management LLC receives compensation from YouTube for the presence of advertising before, after, and during this video content. Celestial Wealth Management LLC does not control the content or presence of any advertisements. The presence of any advertisement does not constitute an endorsement of the ad, company, entity, or product by Celestial Wealth Management LLC.