39 Min.
Avoid These Financial Mistakes Before Retirement | Episode 012 Mark's Money Mind
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- Geldanlage
In this episode of Mark discusses a Wall Street Journal article titled 'Retiring in the Next Five Years? Avoid These Financial Mistakes', adding his insights on various financial strategies to avoid common pitfalls.
Key topics include maximizing retirement contributions, analyzing Social Security options, avoiding unnecessary debt, adapting investment strategies with age, managing financial aid to children wisely, and planning for a desired retirement lifestyle.
Additionally, Mark addresses a listener question about pension planning, offering guidance on when to take a pension, considering survivor benefits, and evaluating the option of a lump sum payout.
If you would like your question answered on the show, please send an email to Mark@MarksMoneyMind.com and put “podcast question” in the subject line.
Episode Links:
Wall Street Journal article: Retiring in the Next 5 Years? Avoid These Financial Mistakes (April 12, 2024) by Cheryl Winokur Monk
The Millionaire Next Door by Thomas J. Stanley and William D. Danko
I Will Teach You to be Rich by Ramit Sethi
I Will Teach You to be Rich podcast
NewRetirement PlannerPlus
Pralana Gold
Immediate Annuity calculator
Timestamps:
00:50 Diving into Retirement Planning: Avoiding Financial Mistakes
02:33 Maximizing Retirement Contributions: A Deep Dive
05:59 Analyzing Social Security Options for a Secure Retirement
12:31 The Pitfalls of Unnecessary Debt Before Retirement
15:48 Investing Wisely as Retirement Approaches
19:47 Navigating Financial Support for Adult Children
23:23 Planning for a Fulfilling Retirement Lifestyle
28:02 Listener Q&A: Navigating Pension Decisions
_______________
As an Amazon Associate this show earns income from qualifying purchases. Affiliate links do not increase your costs, and we will only link to products or services that we are familiar with and that we feel may deliver value to you. The modest income received from affiliate links helps support the cost of running and managing this show.
In this episode of Mark discusses a Wall Street Journal article titled 'Retiring in the Next Five Years? Avoid These Financial Mistakes', adding his insights on various financial strategies to avoid common pitfalls.
Key topics include maximizing retirement contributions, analyzing Social Security options, avoiding unnecessary debt, adapting investment strategies with age, managing financial aid to children wisely, and planning for a desired retirement lifestyle.
Additionally, Mark addresses a listener question about pension planning, offering guidance on when to take a pension, considering survivor benefits, and evaluating the option of a lump sum payout.
If you would like your question answered on the show, please send an email to Mark@MarksMoneyMind.com and put “podcast question” in the subject line.
Episode Links:
Wall Street Journal article: Retiring in the Next 5 Years? Avoid These Financial Mistakes (April 12, 2024) by Cheryl Winokur Monk
The Millionaire Next Door by Thomas J. Stanley and William D. Danko
I Will Teach You to be Rich by Ramit Sethi
I Will Teach You to be Rich podcast
NewRetirement PlannerPlus
Pralana Gold
Immediate Annuity calculator
Timestamps:
00:50 Diving into Retirement Planning: Avoiding Financial Mistakes
02:33 Maximizing Retirement Contributions: A Deep Dive
05:59 Analyzing Social Security Options for a Secure Retirement
12:31 The Pitfalls of Unnecessary Debt Before Retirement
15:48 Investing Wisely as Retirement Approaches
19:47 Navigating Financial Support for Adult Children
23:23 Planning for a Fulfilling Retirement Lifestyle
28:02 Listener Q&A: Navigating Pension Decisions
_______________
As an Amazon Associate this show earns income from qualifying purchases. Affiliate links do not increase your costs, and we will only link to products or services that we are familiar with and that we feel may deliver value to you. The modest income received from affiliate links helps support the cost of running and managing this show.
39 Min.