Ep 73: Irreversible Retirement & Financial Decisions
Manage episode 342587094 series 2891513
By Scott Sierens. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
There are plenty of decisions that you’ll make in the retirement planning process that can’t be undone, so you want to make sure that you make the right call. In this episode, we’ll explain why these important decisions can’t be undone.
Here’s a little of what you’ll learn in this episode:
- Wall Street’s prediction of the stock market's direction is often wrong. (3:54)
- If you miss your window of opportunity and change your mind about claiming Social Security, you’ll be out of luck. (7:05)
- Once you start receiving your pension, you won’t be able to select spousal benefits. (12:14)
- At some point in most of our lives, we will need care. Don’t wait to get long-term care insurance. (18:04)
Article about Wall Street and their stock market predictions:
Read more and get additional financial resources here: http://lifemoneyshow.com
Check out our YouTube channel: https://www.youtube.com/channel/UCPhQ-u12d60Z0HNCwwVubdQ
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