The Stacking Benjamins Show Retirement 101: Planning, Risks, and Smooth Sailing (SB1696)
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Jun 16, 2025 The hosts kick off with the often-overlooked aspect of retirement: crafting a fulfilling lifestyle vision. They dissect complex financial strategies and address sneaky fees that can derail your plans. A lively debate on whether to maintain or upgrade your vehicle adds humor. Tune in for insights on investment leverage, complete with cautionary tales, and find out what not to do when planning your retirement on TikTok. Plus, entertaining recommendations to wrap up your week!
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Prioritize Lifestyle in Retirement
- Retirement planning should start with defining what you want to do with your time, not just money.
- Many retirees face an identity crisis after initial bliss because they lack a structured lifestyle plan.
Test Retirement Plans Early
- Experiment with potential retirement activities well before retiring.
- Play-testing helps avoid unhappy surprises about your preferred retirement lifestyle.
Budget Lumpy Retirement Expenses Separately
- Consider big retirement expenses like boats or vacation homes as separate financial pots.
- This helps clarify cash flow and budgeting for your lifestyle.