Oct 17 2024 27 mins 1
Watch the video here: https://youtu.be/H7hxYj7phW0
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"Understanding your costs is the first step in controlling your financial future."
Chapters:
0:00 - Podcast Introduction
5:33 - What is the True Cost of Retirement?
9:05 - Breaking Down Retirement Expenses
17:33 - How Inflation Affects Your Spending
19:34 - Budgeting for Healthcare in Retirement
20:12 - Analyzing Your Monthly Income Needs
21:00 - Common Mistakes When Estimating Costs
22:11 - Case Study: Retiree Budget Breakdown - Balance Enjoyment and Necessity
24:30 - Health Tip for Retirees
27:05 - Final Thoughts
SOURCES:
Inflation: https://ycharts.com/indicators/us_inflation_rate
Monthly Expenses Calculator: https://cdfinancial.org
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Advisory services are offered through CD Financial LLC dba CD Financial, an Investment Advisor in the State of California. Insurance products and services are offered through CD Financial & Insurance Services LLC, an affiliated company.
Opinions expressed herein are solely those of CD Financial and our editorial staff. The information contained in this material has been derived from sources believed to be reliable but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation.
#RetirementPlanning #RetirementCosts #FinancialAdvice #InvestmentStrategy #HealthcareInRetirement #podcast
