The Clark Howard Podcast 03.11.25 Ask An Advisor With Wes Moss
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Mar 11, 2025 Wes Moss, a fiduciary and seasoned financial advisor known for his expertise in retirement planning, shares valuable insights on navigating early retirement. He identifies six critical mistakes to avoid for those dreaming of an early exit from the workforce. The conversation also touches on the evolving landscape of retirement planning, including the FIRE movement and the importance of multiple income streams. Wes answers listener questions, offering practical strategies to ensure financial stability and make informed investment choices.
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Phased Retirement
- Consider a phased retirement instead of an abrupt stop.
- Gradually reduce work hours to ease into retirement financially and emotionally.
Family Proximity
- Plan to live near your adult children for a happier retirement.
- Factor in proximity to family and building a new social network.
Diversify Income
- Establish multiple income streams for retirement.
- Diversify income sources beyond Social Security and pensions.
