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Navigating Retirement: Balancing Finances and Health
This chapter highlights the critical missteps late starters often make in retirement planning, particularly regarding Social Security benefits and the 4% rule. It explores the complexities of bond investments, health insurance costs, and the necessity for adequate coverage, emphasizing the importance of income over assets in securing healthcare subsidies. Furthermore, the discussion advocates for a holistic approach to wellness, asserting that true retirement fulfillment includes attention to physical, mental, and relational health along with financial security.