Generation X Retirement Strategies | Own Your Retirement Ep 57 скачать в хорошем качестве

Generation X Retirement Strategies | Own Your Retirement Ep 57

Generation X is quickly approaching retirement, and many are discovering that saving alone isn’t enough. In this episode of Own Your Retirement, Albert Lalonde of Kaizen Financial Group and co-host Tony Shore break down the real challenges Gen X faces as they move closer to retirement, including managing risk, controlling fees, and avoiding unexpected taxes. They discuss why budgeting becomes more important in retirement than during working years, how to turn savings into reliable income, what the new SECURE 2.0 super catch-up rules mean for ages 60–63, and why tax planning, Social Security timing, healthcare costs, and legacy planning deserve attention now. This conversation is designed to help Gen X professionals and business owners gain clarity, avoid costly mistakes, and build confidence heading into retirement. Timestamps: 00:02 – Welcome to Own Your Retirement and show overview 00:35 – Why retirement planning is different for Generation X 01:20 – Common concerns Gen X has about saving and confidence 03:05 – Defining Generation X and their financial diversity 03:53 – The three biggest retirement challenges: risk, fees, and taxes 05:04 – Why budgeting matters more in retirement than while working 06:43 – Housing decisions and downsizing realities for Gen X 07:57 – The importance of age 59½ and accessing retirement accounts 09:12 – Turning retirement savings into sustainable income 10:48 – Why withdrawal strategies matter more than account balances 12:03 – SECURE 2.0 and new catch-up and super catch-up contributions 13:30 – Roth requirements and tax considerations for high earners 15:35 – Why taxes may be higher in retirement than expected 17:40 – Roth strategies and managing future tax risk 19:01 – Diversifying by tax treatment, not just investments 19:26 – Social Security timing and common claiming mistakes 21:39 – Medicare, healthcare costs, and long-term care planning 22:30 – Using HSAs as a retirement healthcare strategy 23:46 – Investment risk as retirement approaches 24:13 – Managing volatility and protecting income 24:58 – How fees quietly erode retirement savings 25:52 – Legacy planning and updating beneficiaries 26:59 – Final thoughts and how to get help with a retirement plan 📞 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