August 24, 2022

The Biggest Financial Mistakes Retirees Make

1 hour 8 minutes

Paul talks to retirees about the handful of decisions you can make that can either benefit you and your heirs or cost you millions. He covers:

· Ways to make or lose .5%

· The best combination of equity asset classes

· Fixed and flexible distribution strategies

· How to best analyze recommended strategies

· And other major decisions and topics, like: When to take Social Security? How much and when to spend savings? Spending taxable vs tax deferred vs. tax free? When to pass risk to others? When to get professional help? Elder abuse, and more.

This presentation was part of Financial Literacy Month 2022, co-sponsored by the Bainbridge Community Foundation and The Merriman Financial Education Foundation.

Links:

Slides show: https://paulmerriman.com/wp-content/uploads/2022/08/Bainbridge-Island-Final.pdf

Bainbridge Community Foundation: https://bainbridgecf.org/

Paul’s Website: https://paulmerriman.com/

Paul’s YouTube Channel: https://www.youtube.com/c/PaulMerrimanSoundInvesting/videos

Get your free copy of We’re Talking Millions! 12 Ways to Supercharge Your Retirement:

In 2020, Paul’s presentation, “My Favorite 12 Vanguard Funds for Retirees,” became one of the most-watched on his YouTube channel. https://www.youtube.com/watch?v=L1ltcfD9CpE&t=42s

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By Paul Merriman

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