Retire-in-Mint Condition Part 2: The Cost of Retirement + When You Can Retire скачать в хорошем качестве

Retire-in-Mint Condition Part 2: The Cost of Retirement + When You Can Retire

Retirement isn’t just about reaching a certain age — it’s about having the means and the plan to retire with confidence. In Part 2 of our Retire-In-Mint Condition series on Your Bread & Butter™, we break down the true cost of retirement, what expenses may decrease, what tends to increase, and how to think through the big question: 👉 “When can I retire?” We also walk through the major retirement milestones (59½, 62, 65, 66–67), and how to build a smart retirement income strategy using both fixed and flexible income sources—while staying as tax efficient as possible. 🎧 In this episode, we cover: ✅ What may get cheaper in retirement (debt payments, commuting, taxes, clothing) ✅ What may get more expensive (healthcare, Medicare, out-of-pocket costs, home repairs, inflation) ✅ Retirement milestones by age: • 59½ – Qualified retirement account distributions • 62 – Social Security eligibility • 65 – Medicare • 66–67 – Full Social Security ✅ The FIRE movement (Financial Independence, Retire Early) ✅ How to generate retirement income: • Fixed sources: Social Security, pensions, annuities • Flexible sources: 401(k)s, IRAs, Roth accounts, brokerage accounts, cash ✅ Staying tax efficient: knowing what income to pull—and when Summary ✔ Have the resources (no do-overs) ✔ Have a vision ✔ Create a plan 🌐 Learn more: www.privatefinancialdesign.com 🎙 Subscribe to Your Bread & Butter™ wherever you get your podcasts.