Stop Worrying You're Retired!

In this episode of Stop Worrying, You're Retired, George Fossing, the founder of Northstar and Certified Financial Planner Zach Jenkins examine a change that can throw off some new retirees and that's the shift from accumulation to distribution.

They also discuss preparing for the realities of long-term healthcare, the emotional and financial pitfalls that can come from the fear of missing out in the stock market, and the value of building a financial roadmap to help guide your retirement journey.

In this episode of Stop Worrying You're Retired from the Northstar Financial and Retirement Planning Studio, a discussion on managing taxes in retirement, RMDs, and how the Medicare surcharge called IRMAA is triggered.  

George Fossing, the founder and president of Northstar, also discusses FOMO; the fear of missing out and the importance of doing your due diligence on hype-driven investment trends.

Here on Stop Worrying, You're Retired, 3 members of the Northstar Financial and Retirement Planning team, founder George Fossing, CFP Zach Jenkins, and CPA Travis Smith, break down the complexities of retirement such as deciphering Social Security and Medicare, building tax-efficient income strategies and planning for life's curveballs.

George Fossing and Zach Jenkins with Northstar Financial and Retirement Planning break down essential strategies for a secure retirement. This episode covers how to plan for a multi-decade retirement, why you should be cautious about current market valuations, the critical importance of long-term care planning, and practical tips to ensure your savings support the lifestyle you've earned.

If you've selected a target-date fund in your workplace retirement savings account, listen as Northstar Financial and Retirement Planning founder George Fossing and CFP Zach Jenkins discuss the pros and cons of such funds. They also explore other options for retirement savings.