Luke and Lake talk about the next generation gearing up for retirement.  That’s Generation X and they’re in the financial red zone.  The discuss that transition for accumulation to decumulation, how the generation should prepare for tax efficiency, healthcare costs, and the possibility of long- term-care.  They also cover the “just right” retirement customized for you which includes consideration of what you will need to retire comfortably, your Social Security sweet spot, and how to control spending in that first year of retirement.

Reach Duell Financial Strategies at 800-203-7486.

Duell Financial Strategies

www.duellstrategies.com

See omnystudio.com/listener for privacy information.

Sam and Luke go back thirty years to show how some of the tried and true retirement standards from 1995 don’t exactly hold up in 2025.  They cover the difference in tax and interest rates and a how a different approach may be needed with the four percent rule.  They also do a comparison of Roth versus traditional savings.

Reach Duell Financial Strategies at 800-203-7486.

Duell Financial Strategies

www.duellstrategies.com

See omnystudio.com/listener for privacy information.

Sam, Andi, and Luke offer the opportunity to look at your annuity and consider possible opportunities with higher interest rates.  They also cover some bells and whistles that exist now with modern annuities.  The conversation shifts to proactive tax strategies in light of the tax burden that could be faced by those with tax-deferred savings.  They also discuss five questions asked in a Kiplinger retirement survey.

Reach Duell Financial Strategies at 800-203-7486.

Duell Financial Strategies

www.duellstrategies.com

See omnystudio.com/listener for privacy information.

Sam, Andi, and Luke caution against retirement ready assumptions that may not be accurate.  They advise of out-of-pocket healthcare costs even with Medicare.  They also explore whether or not your 401(k) is enough, and they look at how your expenses could be in retirement.  They also discuss forward looking retirement tax strategies and making sure to have a contingency plan in place in the event of early retirement.

Reach Duell Financial Strategies at 800-203-7486.

Duell Financial Strategies

www.duellstrategies.com

See omnystudio.com/listener for privacy information.

Sam, Andi, and Luke cover what is necessary to help people determine what they need to retire.  They break down the difference between confidence and preparedness and stress the importance of acting now to implement a plan to combat healthcare and possible long term care cost.  They also discuss some common retirement missteps to avoid.

Reach Duell Financial Strategies at 800-203-7486.

Duell Financial Strategies

www.duellstrategies.com

See omnystudio.com/listener for privacy information.

This conversation explores the critical financial decisions surrounding saving and investing, particularly as individuals approach retirement. The discussion emphasizes the importance of understanding the differences between saving and investing, the necessity of diversification in investment strategies, and the significance of planning for a financially secure retirement. Sam and Andi also delve into the concept of phased retirement, which allows individuals to gradually transition into retirement while maintaining income streams. Listener questions further highlight the need for personalized financial strategies tailored to individual circumstances.

Reach Duell Financial Strategies at 800-203-7486.

Duell Financial Strategies

www.duellstrategies.com

See omnystudio.com/listener for privacy information.

Andi and Luke cover the true meaning of financial independence in retirement and strategies to make sure this can be achieved.  They also explore a Vanguard “How American Saves” report in revealing some of the surprising results and they look at important pre-retirement considerations for those in their fifties.

Reach Duell Financial Strategies at 800-203-7486.

Duell Financial Strategies

www.duellstrategeies.com

See omnystudio.com/listener for privacy information.

Sam, Andi, and Luke delve into the essential aspects of retirement planning, emphasizing the importance of strategic financial management, understanding market dynamics, and the psychological factors influencing financial decisions.  They discuss the necessity of having a solid plan for retirement, the impact of market volatility on emotional investing, and the role of financial advisors in guiding individuals through their retirement journey. They also highlight the significance of mindset in financial behavior and provide practical strategies for achieving financial success.

Reach Duell Financial Strategies at 800-203-7486.

Duell Financial Strategies

www.duellstrategies.com

See omnystudio.com/listener for privacy information.

Sam, Andi, and Luke cover mistakes that humans make in financial planning and offer solutions to get back on track.  They also discuss strategies to consider in building critical retirement income streams in the conversation on Social Security, pensions, annuities, the four percent rule, and even considerations on health care costs.  They conclude with a strategy discussion on building a great retirement and then participate in a retirement Q&A.

Reach Duell Financial Strategies at 800-203-7486.

Duell Financial Strategies

www.duellstrategies.com

See omnystudio.com/listener for privacy information.

Andi, Luke, and Lake cover what needs to be considered in the phases of retirement starting with pre-retirement and going through retirement day, the honeymoon phase, disenchantment, reorientation, and stability.  They also discuss what you should be hearing from a retirement professional to make sure they are going to include all the components of proper retirement planning.

Reach Duell Financial Strategies at 800-203-7486.

Duell Financial Strategies

www.duellstrategies.com

See omnystudio.com/listener for privacy information.