In this episode of Money Moves, Josh and Jared discuss the financial challenges faced by Baby Boomers as they approach retirement. They explore common mistakes such as overestimating Social Security benefits, delaying retirement contributions, underestimating healthcare costs, and neglecting estate planning. The conversation also covers the importance of having a solid income plan, especially during the first year of retirement, and provides insights into real-life scenarios that retirees may encounter. The hosts emphasize the need for professional guidance to navigate these complexities and ensure a secure financial future.

If you have questions about your own retirement call Josh & Jared with Seven Figure Solution

800-837-7393 or click here to visit our website.

Retirement, Planning, Savings, 401K, IRA, Taxes, Social Security, Healthcare,

See omnystudio.com/listener for privacy information.

In this episode of Money Moves, Josh and Jared delve into the concept of financial independence, emphasizing that it is not merely about wealth accumulation but about achieving the freedom to live life on one's own terms. They discuss the importance of passive income, financial literacy, and overcoming common misconceptions about wealth. The conversation also highlights insights from Vanguard's How America Saves report, focusing on average versus median savings, the significance of catch-up contributions, and the impact of automatic enrollment in retirement plans. Additionally, they address the importance of planning for healthcare costs and the benefits of leveraging health savings accounts. The episode concludes with practical scenarios that listeners can relate to, reinforcing the need for personalized financial planning.

If you have questions about your own retirement call Josh & Jared with Seven Figure Solution

800-837-7393 or click here to visit our website.

Retirement, Planning, Savings, 401K, IRA, Taxes, Social Security, Healthcare,

See omnystudio.com/listener for privacy information.

In this episode of Money Moves, Josh and Jared explore the concept of retirement as a new rhythm rather than a slowdown, drawing inspiration from the lyrics of Jimmy Buffett and the wisdom of Warren Buffett. They discuss the importance of balancing enjoyment in the present with financial planning for the future, emphasizing the need for a comprehensive retirement strategy that includes saving, investment choices, tax strategies, and timing decisions. The conversation also highlights the emotional aspects of retirement, such as finding purpose and navigating life's changes, while providing practical advice for listeners to create a sustainable and fulfilling retirement plan.

If you have questions about your own retirement call Josh & Jared with Seven Figure Solution

800-837-7393 or click here to visit our website.

Retirement, Planning, Savings, 401K, IRA, Taxes, Social Security, Healthcare,

See omnystudio.com/listener for privacy information.