Ep 9: When Guessing at Retirement’s Most Important Questions Goes Wrong

Apple PodcastsSpotifyAmazon MusiciHeartRadioPodchaserListen Notes
If you aren’t working with an advisor you could end up guessing a lot when it comes to planning for retirement. On today’s episode, we are going to break down some of retirement’s most important questions and what can go wrong if you end up guessing at them.

Do you know how much income you’ll need in retirement? You need enough to last throughout retirement and reach your goals, but you probably don’t want to work longer than necessary.

How much do you need to save for those major purchases and how is that different than emergency funds? If you know you’ll be paying for a child’s wedding or your house needs some new appliances, it’s always a good idea to budget those things into your overall retirement plan. Join us today as we explore these questions and why planning is almost always better than guessing.

What We Discuss Today: 

0:39 – Do a lot of people guess?

1:23 – How much income do you need?

4:36 – How much do you need for major purchases?

6:59 – Do you go over these things with pre-retirees?

8:01 – How much is inflation impacting you over time?

10:00 – What typical percentage of inflation do we plan for?

11:09 – How much will healthcare be in the future?

14:15 – Covering healthcare in retirement

15:26 – Working with an advisor instead of guessing

Quotable Moment: 

“If you have an extravagant lifestyle that means you’re going to need a lot more income…” – Spiros Vassilakos

SHARE THIS PODCAST

Facebook
Twitter
LinkedIn

HAVE A QUESTION?

SPIROS VASSILAKOS

For more than 20 years, Spiros has helped families and individuals, corporate executives, physicians and small business owners locally and nationally, pursue their financial goals with thoughtful, tax-sensitive investment guidance. 

Spiros is focused on helping you pursue your greatest objectives with simplicity, transparency and a disciplined process to measure your progress. His guidance is tailored to support your current lifestyle, retirement income needs and legacy goals, while making you feel comfortable at every step of the way. His passion is fueled by knowing he has made a positive difference in the lives of the families and organizations he serves.

SPIROS VASSILAKOS

For more than 20 years, Spiros has helped families and individuals, corporate executives, physicians and small business owners locally and nationally, pursue their financial goals with thoughtful, tax-sensitive investment guidance. 

Spiros is focused on helping you pursue your greatest objectives with simplicity, transparency and a disciplined process to measure your progress. His guidance is tailored to support your current lifestyle, retirement income needs and legacy goals, while making you feel comfortable at every step of the way. His passion is fueled by knowing he has made a positive difference in the lives of the families and organizations he serves.

MORE WAYS TO CONTACT...

(727) 754-8418

AthenianPCG@Cambridgesecure.com