Alan discusses the 10 terrible D's that retiring Americans face, including demographics, debt, defaults, deficits, devaluation of assets, and depression. He emphasizes the importance of financial planning and offers strategies for overcoming these challenges, particularly focusing on debt management and the need for a retirement coach.  Alan highlights the demographic shifts with baby boomers retiring and the economic realities that will impact their retirement. He advocates for a practical approach to debt, distinguishing between good and bad debt, and stresses the importance of saving and budgeting.  The discussion also covers the dangers of financial denial and the necessity of confronting harsh realities. Alan outlines six essential steps for retirement success, including income security, asset protection, tax reduction strategies, and long-term care planning, while also stressing the importance of estate planning and updating beneficiary forms.

Reach Alan at 800-779-3319.

Top Gun Financial Planning

www.alankifer.com

 

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