On this episode of Mile High Money, Adam Muller and Jackie Selby discuss common misconceptions about retirement and provide tips to help listeners save more. They emphasize the importance of having a comprehensive and customized retirement plan that incorporates a budget for spending and guaranteed income. They also address the misconception that people can live off less in retirement, highlighting the rising costs of living, taxes, and healthcare. Another misconception they address is the assumption that everyone will retire at 65, emphasizing that the timing of retirement should be based on individual circumstances. They also discuss the importance of tax planning in retirement and strategies to reduce taxes and increase cash flow. Overall, the episode provides valuable insights and advice for planning a successful retirement. The conversation concludes with a Q&A session addressing questions about Roth 401k withdrawals, investment portfolios, and company matches in IRAs.
Reach out to Adam at 800-467-0737 or https://myajmfinancial.com
See omnystudio.com/listener for privacy information.