RETIREMENT MADE EASY Gregg Gonzalez

Lately, I’ve been getting a lot of questions about 401K loans and whether or not they’re worth it. People are asking things like, “How do you take out the loan? How does paying it back work? Should we ever consider it? What are our other options?”
I’m a financial planner. My job is to give you all of the information necessary so you can make informed decisions. Because at the end of the day, these decisions are yours. So, in this episode of the Retirement Made Easy podcast, I’m going to give you the full picture and let you decide. 
You will want to hear this episode if you are interested in... [3:10] Check out our website for FREE resources [4:45] The basics of 401K loans  [7:55] The risks of taking a 401K loan [14:06] Dipping into a Roth IRA [15:49] Alternatives to a 401K loan [19:34] Consider short-term and long-term goals Resources & People Mentioned 3 Steps to Retirement Planning Check out our website for FREE resources The 5-year Roth IRA rule  Episode #118: 3 Types of Accounts You Want to Have to Save for Retirement Connect With Gregg Gonzalez Email at: Gregg.gonzalez@lpl.com Podcast: https://RetirementMadeEasyPodcast.com Website: https://StLouisFinancialAdvisor.com Follow Gregg on LinkedIn Follow Gregg on Facebook Follow Gregg on YouTube

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People often ask me where they should retire. Should they relocate to a new city or state? Most people assume when they retire that they need to move to make the most of their income. 
But the answer isn’t clear-cut. Everyone has different preferences. In this episode of Retirement Made Easy, I’ll dive into some of the factors you should consider to make that decision. 
I’ll also cover a few areas of retirement planning that have most people confused and shed some light on the situation. Don’t miss it! 
You will want to hear this episode if you are interested in... [1:58] The Mid-Year Market Outlook is coming in July! [2:57] Where is the best place to retire? [4:51] Factors that influence people to relocate [13:56] When do you have to take required minimum distributions? [16:48] Most people don’t understand Roth conversions [19:00] You are responsible for the outcome of your 401K Resources & People Mentioned 3 Steps to Retirement Planning SECURE 2.0 Act The Most Affordable U.S. States to Retire in 2024 Connect With Gregg Gonzalez Email at: Gregg.gonzalez@lpl.com Podcast: https://RetirementMadeEasyPodcast.com Website: https://StLouisFinancialAdvisor.com Follow Gregg on LinkedIn Follow Gregg on Facebook Follow Gregg on YouTube

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“I’m 60 years old and have $1 million saved. Do I have enough to retire?” 
I had a conversation with someone who had saved over $1 million and had been told he could retire. So he did retire—and completely regretted it. He wishes someone had told him to wait longer. Sadly, $1 million doesn’t go that far anymore. 
Too many people answering this question neglect to address all of the factors that influence whether or not you’ve saved enough to retire. In this episode of the Retirement Made Easy podcast, I’ll dive into some of the factors you need to consider in three different scenarios. Because you have to take into account far more than what you have saved. 
You will want to hear this episode if you are interested in... [3:49] Scenario #1: Retiring at 60 with $1 million saved [7:41] Scenario #2: Retiring at 60 with $1 million saved [12:53] Scenario #3: Retiring at 60 with $1 million saved [17:00] Why the answer is never as simple as yes or no Resources & People Mentioned 3 Steps to Retirement Planning Connect With Gregg Gonzalez Email at: Gregg.gonzalez@lpl.com Podcast: https://RetirementMadeEasyPodcast.com Website: https://StLouisFinancialAdvisor.com Follow Gregg on LinkedIn Follow Gregg on Facebook Follow Gregg on YouTube


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Over the last two months, we’ve had close to 8 people contact us to put together a retirement plan because they’re fearful of being downsized. If they got laid off, could they afford to retire? People are looking for peace of mind and a retirement plan helps cover the what-ifs in life. 
Tom Hegna wrote the book, “Don’t Worry, Retire Happy.” In it, he brings up some good points when it comes to retirement planning and what to be aware of. I tweaked his methodology to make it my own. So in this episode of the Retirement Made Easy podcast, I’ll cover the 7 steps you need to have a secure retirement. 
You will want to hear this episode if you are interested in... [0:28] Why you need a retirement plan in place (and how we can help you)  [6:11] Step #1: Get a retirement plan in place  [8:05] Step #2: Maximize Social Security benefits and pensions [8:45] Step #3: Consider a hybrid retirement [10:40] Step #4: Account for inflation  [14:51] Step #5: Protect your dollars from taxes  [17:30] Step #6: Have a plan for long-term care [18:46] Step #7: Use your home equity wisely Resources & People Mentioned 3 Steps to Retirement Planning “Don’t Worry, Retire Happy" Connect With Gregg Gonzalez Email at: Gregg.gonzalez@lpl.com Podcast: https://RetirementMadeEasyPodcast.com Website: https://StLouisFinancialAdvisor.com Follow Gregg on LinkedIn Follow Gregg on Facebook Follow Gregg on YouTube  
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I’ve been helping people plan for their dream retirement for the last 16 years. I’ve nearly heard it all. I’ve had to tell people they can’t retire yet or that they have to save far more than they planned. The people who make these mistakes derail their retirement and jeopardize their success. I detail the top 7 mistakes I see that you’ll regret forever in this episode of the Retirement Made Easy Podcast! 
You will want to hear this episode if you are interested in... [4:05] Mistake #1: Borrowing from a 401k [8:06] Mistake #2: Planning to work indefinitely [10:37] Mistake #3: Buying a timeshare [12:02] Mistake #4: Delaying saving for retirement [14:33] Mistake #5: Diverting the money to your kids [19:28] Mistake #6: Avoiding investing in the stock market [24:20] Mistake #7: People that relocate on a whim Resources & People Mentioned 3 Steps to Retirement Planning 16 Retirement Mistakes You Will Regret Forever Connect With Gregg Gonzalez Email at: Gregg.gonzalez@lpl.com Podcast: https://RetirementMadeEasyPodcast.com Website: https://StLouisFinancialAdvisor.com Follow Gregg on LinkedIn Follow Gregg on Facebook Follow Gregg on YouTube

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I’ve recorded over 160 episodes since the Retirement Made Easy podcast launched. In this special “Greatest Hits” episode of the Retirement Made Easy podcast, I’ll share snippets from the 5 most downloaded episodes. They include some of my best advice for navigating retirement preparation, so you can live out the retirement of your dreams. 
Have an idea for a future episode topic? Do you have a question you need answered? Feel free to submit your questions to me at RetirementMadeEasyPodcast.com!
You will want to hear this episode if you are interested in... [0:33] The 5 Most Downloaded Episodes of 2023 [3:21] Episode #5: 5 Ways to Prepare for Retirement, Ep #154 [7:31] Episode #4: What Social Security Isn’t Telling You, Ep #150 [12:30] Episode #3: The Level of Detail Required in a Great Retirement Plan, Ep #145 [18:56] Episode #2: The Basics of Managing Your Retirement Income, Ep #143 [28:35] Episode #1: How Saving for Retirement May Change in 2024, Ep #146 Resources & People Mentioned 3 Steps to Retirement Planning Connect With Gregg Gonzalez Email at: Gregg.gonzalez@lpl.com Podcast: https://RetirementMadeEasyPodcast.com Website: https://StLouisFinancialAdvisor.com Follow Gregg on LinkedIn Follow Gregg on Facebook Follow Gregg on YouTube

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