Jul 12, 2019
Whether you have already retired or want to start planning for that liberating day, having a plan is essential for your long-term peace of mind. Joel Johnson has laid it out in an easy-to-follow checklist that point you in the right direction for retirement planning. These six items are discussed in detail in the latest episode of Money Wisdom.
You can read more on the subject here and a list of topics:
1:56 – What can you do right now to prepare yourself for retirement?
2:41 – An overview of a good pre-retirement checklist Joel recently read
5:23 –The Ultimate Retirement Planning Checklist discussion begins. #1: GET A FINANCIAL GAMEPLAN
7:08 – #2: HAVE A PLAN TO PAY FOR HEALTHCARE AND LONGTERM CARE
9:48 – #3: PROPER TREATMENT OF SOCIAL SECURITY
11:31 – #4: MINIMIZING YOUR TAXES BY HAVING A TAX STRATEGY
13:17 – #5: PROPER TREATMENT OF YOUR IRA AND 401K
14:32 – #6: HAVE A DIVERSIFIED INCOME PLAN
16:58 – Reviewing the Ultimate Retirement Planning Checklist
19:07 – One very important point to remember about retirement