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In this video, Nolan Goslee with Cornerstone Retirement Partners and Erin Kennedy talk through the three biggest expenses you'll see in retirement; be sure these expenses are in your plan, or you may run out of money! 1. Largest Known Expense: Taxes 2. Largest Potential Expense: Healthcare 3. The Silent Thief: Inflation The only way to combat the possibility of expenses exceeding assets is to have a written income plan for retirement, and that is why Nolan makes certain it's one of the first steps he takes with clients: create a budget with all known expenses and build an income plan around it. If you'd like to create a financial plan that accounts for all these risks, please call Nolan at 616-301-2581 or visit www.Cornerstone-RP.com For more updates on when Cornerstone Retirement Partners uploads a new video follow these social medias Facebook - / cornerstoneretirementpartners Linkedin - / cornerstone-retirement-partners Twitter - / cornerstone_rp If you perfer to listen to the videos they will be posted in audio form on this page. https://coursetoretirement.libsyn.com... Financial Education Find out more information about Cornerstone Retirement Partners, request a consultations, or download the resources mentioned in today’s episode by visiting www.cornerstone-rp.com Disclosure: Investment Advisory Services offered through Brookstone Capital Management, LLC (BCM), a Registered Investment Advisor. BCM and Cornerstone Retirement Partners are independent of each other.