Five Pillars for Retirement | Own Your Retirement Ep 56 скачать в хорошем качестве

Five Pillars for Retirement | Own Your Retirement Ep 56

In this episode of Own Your Retirement, Albert Lalonde and co-host Tony Shore break down the five foundational pillars of a successful retirement plan: tax planning, investment strategy, income planning, healthcare considerations, and estate planning. Drawing insights from a Kiplinger article and years of client experience, Albert explains how each of these elements works together to build a retirement strategy that’s not only financially sound but aligned with your personal goals. Whether you're a high earner with significant savings or just starting to think seriously about your retirement timeline, this conversation offers practical steps to help reduce surprises, manage risk, and create long-term financial clarity. Timestamps: 00:33 – Why Retirement Planning Is More Than Just Saving 02:59 – Introducing the 5 Retirement Pillars 04:26 – Pillar #1: Tax Planning (Most Overlooked & Costly) 06:48 – Minimizing Lifetime Taxes vs. Just This Year 08:43 – RMDs and Roth Conversions Explained 10:20 – The Power of Proactive Tax Strategy 11:10 – Pillar #2: Investment Planning & Risk Management 13:18 – Fees: The Hidden Threat to Your Portfolio 14:21 – DIY vs. Professional Investment Management 15:28 – Pillar #3: Income Planning (Creating Your Own Paycheck) 16:54 – Social Security, Inflation, and Longevity 18:00 – Withdrawal Strategies and Tax Efficiency 18:25 – Pillar #4: Healthcare & Medicare Costs 19:14 – Long-Term Care: Why It Shouldn’t Be Ignored 19:57 – Retiring Before 65? What You Need to Know 20:34 – Pillar #5: Estate Planning & Purpose-Driven Wealth 21:17 – Preparing for Widowhood & Beneficiaries 21:38 – Aligning Your Retirement Plan With Personal Values 23:12 – Why Coordination Between Pillars Is Key 24:21 – The Value of an Ongoing Retirement Guide 25:56 – Final Thoughts: Start Owning Your Retirement Today 📞 Have questions? Need advice? Contact Albert Lalonde at Kaizen Financial Group to set up a consultation today! 👉 Call us at 586-752-7008 👉 Visit us at kaizenfinancialinc.com Don't forget to subscribe to our YouTube channel for more financial tips and insights! Let us know your thoughts on the topics discussed or give us any feedback to make the future episodes better! #FinancialPlanning #RetirementPlanning #WealthManagement #EstatePlanning #LegacyPlanning #FinancialAdvice #FinancialEducation #MoneyManagement #InvestmentStrategies #Trusts #Wills #Probate #FinancialAdvisor #Retirement #Taxes #Inheritance #IRA #LifeInsurance #FamilyLegacy #FinancialSecurity #FuturePlanning #retirement #retirementplanning #SocialSecurity #michigan #detroit #shelbytownship #KaizenFinancialInc #AlbertLalonde #OwnYourRetirement #TaxPlanning #TaxCutsAndJobsAct