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Are You Over-Saving For Retirement?

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Manage episode 494936081 series 3621285
Content provided by Steve Smit. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Steve Smit or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Send us a text

Are you saving so much for retirement that it’s squeezing your life today? In this episode, Steve’s answering a smart viewer question about finding the right balance between preparing for the future and living fully in the present. Steve dives into Dennis’s situation: a high-income earner who’s maxing out multiple retirement accounts yet still feels like he’s living paycheck to paycheck.

Here’s some of what we discuss in this episode:

🧭 How to tell if you’re ahead, behind, or right on track

💸 Warning signs you may be sacrificing too much for retirement

😵‍💫Why generic retirement benchmarks can mislead you

🛑 When it’s okay to slow down retirement contributions in the short term

💡 Why “spending some now” might be smarter than you think

Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.html

Follow along on YouTube: https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9Sg

Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12

Other ways to get in touch:

Phone: (775) 266-8867
Our website: https://powerhousefinancialadvisors.com/
Email: [email protected]

LinkedIn: https://www.linkedin.com/company/powerhouse-financial-advisors/
Facebook: https://www.facebook.com/PowerhouseFinancialAdvisors

  continue reading

42 episodes

Artwork
iconShare
 
Manage episode 494936081 series 3621285
Content provided by Steve Smit. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Steve Smit or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Send us a text

Are you saving so much for retirement that it’s squeezing your life today? In this episode, Steve’s answering a smart viewer question about finding the right balance between preparing for the future and living fully in the present. Steve dives into Dennis’s situation: a high-income earner who’s maxing out multiple retirement accounts yet still feels like he’s living paycheck to paycheck.

Here’s some of what we discuss in this episode:

🧭 How to tell if you’re ahead, behind, or right on track

💸 Warning signs you may be sacrificing too much for retirement

😵‍💫Why generic retirement benchmarks can mislead you

🛑 When it’s okay to slow down retirement contributions in the short term

💡 Why “spending some now” might be smarter than you think

Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.html

Follow along on YouTube: https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9Sg

Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12

Other ways to get in touch:

Phone: (775) 266-8867
Our website: https://powerhousefinancialadvisors.com/
Email: [email protected]

LinkedIn: https://www.linkedin.com/company/powerhouse-financial-advisors/
Facebook: https://www.facebook.com/PowerhouseFinancialAdvisors

  continue reading

42 episodes

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