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Retire with Confidence: 9 Mistakes to Avoid in Your Financial Planning
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Retiring soon? We discuss the 9 most common Financial Planning mistakes and How to AVOID them. Plus, bonus advice on choosing an advisor…
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What’s included: 3 Steps to Planning an EPIC Retirement
Step 1: How will You Spend Your Time?
Step 2: Identify Your Income & Expenses
Step 3: Putting it all Together
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Visit Our Website: https://www.TruNorthWealth.com
Episode Summary:
If you're feeling overwhelmed about planning for retirement, this episode is for you. Danette shares 9 common mistakes that people make when planning for retirement and provides actionable tips on how to avoid them. You'll gain confidence in your retirement planning and be better equipped to achieve your financial goals.
Are you worried that you haven't saved enough for retirement? Danette shares insights on how to increase your savings and make saving a good financial habit. You'll also learn how to avoid taking on too much risk in your investment portfolio, plan for healthcare costs, and anticipate inflation.
If you're not sure how much to withdraw from your investment portfolio in retirement, this episode is a must-listen. Danette explains how withdrawing too much too soon can leave you with an inadequate retirement fund.
Finally, if you're working with multiple financial advisors, you won't want to miss the bonus tip at the end of this episode. Danette explains why consolidating your accounts with one advisor can provide you with a comprehensive overview of your financial situation and help you take advantage of fee breakpoints. You'll also avoid the risk of having overlapping or conflicting plans.
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About Danette: https://tinyurl.com/28pg94tt/
Professional Journey- As the President and a CERTIFIED FINANCIAL PLANNER™ professional at TruNorth Wealth Management, LLC, I've found my calling in helping pre-retirees confidently navigate the crucial decision of retirement. Our team is dedicated to guiding family-oriented couples from being net savers to net spenders. We invite you to join our extended family and experience the TruNorth Wealth difference.
Founder – Wealth Advisor
TruNorth Wealth Management, LLC
1662 HWY 395 N, Suite 203, Minden, NV 89423
Connect with Danette @ https://linktr.ee/trunorthwealth
This podcast is for informational purposes only. The situations used herein do not constitute a recommendation as to the suitability of any investment for any person or persons having circumstances similar to those portrayed, and a financial advisor should be consulted for your specific situation. Neither Commonwealth Financial Network nor your representative provides tax advice.
Securities and advisory services offered through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser.
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