The Retirement Huddle

So you've done a good job saving and investing over the years. You've lived on less than you've earned, kept yourself out of debt, and your investments have done pretty well. That means everything will be simple for you in retirement, right? Not necessarily.

What we discuss in this episode:

1:24 – Too much cash

3:48 – Too much risk

5:19 – Tax time bomb

6:50 – Scared to spend

Read more and get additional financial resources here: http://retirementhuddle.com

The 401(k) and other employer-sponsored retirement plans can be a great tool to save for retirement but they aren't perfect. Identifying the weaknesses within these accounts will help you better invest for your future.

What we discuss in this episode:

1:12 – Administrative costs

3:16 – Mainly mutual funds

5:24 – Limited asset classes

6:14 – Subpar conservative investments

8:45 – Withdrawals aren't easy

Read more and get additional financial resources here: http://retirementhuddle.com

Conventional wisdom isn't always so wise. Today we're discussing a few examples where financial conventional wisdom might lead you astray.

What we discuss in this episode:

1:02 – Real estate

3:22 – Good debt and bad debt

5:33 – Relaxing in retirement

7:01 – Investments not doing well

Read more and get additional financial resources here: http://retirementhuddle.com

It's often said that the average person spends more time planning vacations than planning retirement. Today we're going to plan for retirement by pretending like we're planning a vacation.

What we discuss in this episode:

1:17 – Where to stay

2:42 – Where to eat

4:44 – Unexpected costs

7:14 – After you leave

Read more and get additional financial resources here: http://retirementhuddle.com

We're all guilty of telling ourselves money lies from time to time. The lies we tell can change the way we think and act when it comes to finances. Are you guilty of any of these specific money lies?

What we discuss in this episode:

1:30 - $1 million

3:40 – I deserve it

4:36 – Save more later

6:14 – Plenty of time to plan

7:33 – Good debt, bad debt

8:49 – Wanting more

9:53 – How to stop lies

Read more and get additional financial resources here: http://retirementhuddle.com

People love do-it-yourself projects. There's even a DIY Network where you can watch shows about home renovation, landscaping, or interior design and how to do those things without professional help. Today we're talking about the DIY mentality in retirement planning.

What we discuss in this episode:

1:22 – No financial advisor

3:10 – Triggers to visit an advisor

4:30 – Costly mistakes

7:48 – Common mistakes

Read more and get additional financial resources here: http://retirementhuddle.com

What can we learn about financial planning from the Andy Griffith Show? We'll share some quotes from the famous show and explain how they relate to you retirement.

What we discuss in this episode:

1:25 – Floyd

2:27 – Goober

6:07 – Sheriff Andy

7:29 – Otis

Read more and get additional financial resources here: http://retirementhuddle.com

Should you take a job with a higher salary but worse health insurance? Is there a way to not owe the IRS so much in taxes each year? These are a few of the mailbag questions we're answering on today's show.

What we discuss in this episode:

1:00 – Career moves

4:10 – Taxes

6:45 – Marriage costs

Read more and get additional financial resources here: http://retirementhuddle.com

A lot of people have questions about their retirement plan, but you might be asking the wrong questions. We'll share some common wrong questions and what better questions might be.

What we discuss in this episode:

0:57 – How much to save?

2:30 – Long-term care insurance

4:07 – Highest return

5:41 – Fees

7:27 – Taxes

Read more and get additional financial resources here: http://retirementhuddle.com

Sometimes we have clients who want to retire early. But how much earlier do they mean, and is this a realistic goal? We'll share some challenges they face and how to know if early retirement is for you.

What we discuss in this episode:

0:59 – How early?

5:21 – Realistic retirement?

6:20 – Challenges of retiring early

10:29 – How do you know?

Read more and get additional financial resources here: http://retirementhuddle.com