Want a secure retirement? In this video, you'll discover six key retirement planning principles to help you prepare for financial independence during the third stage of your life. I'll discuss the concepts that planning for retirement is not simply about reaching some projected retirement savings target and that Social Security was never intended to be your full retirement plan. Additionally, you will learn about the three pillars of your retirement income, the power of Roth accounts, actions to help cap unpredictable healthcare costs, and the impact of efficient tax-withdrawal strategies on your retirement income longevity. Whether you're just staring out or already on your pathway, these insights can help you enjoy the third stage of your life with greater confidence and peace of mind
Chapters
00:00 Introduction
00:50 Video overview
01:55 Retirement is never about just one number
04:26 Social Security was never intended to be the complete retirement plan
06:16 Bolster the three pillars of retirement income
08:22 Leverage the power of Roth accounts
09:58 Plan for the catastrophic risk of unexpected healthcare costs
11:46 Extend the longevity of your savings with tax-efficient withdrawals
14:39 Adopt a supportive mindset
15:22 Recap and final tips