The Year Before Retirement Is Your Most Important (4 Steps You Need to Take) скачать в хорошем качестве

The Year Before Retirement Is Your Most Important (4 Steps You Need to Take)

Get an idea of where you stand financially: https://app.rightcapital.com/account/... A stress-free retirement is a good one, and we want to help you get there. Ready for a retirement checkup? Book a free call → https://www.shopefinancial.com/meet Get exclusive retirement insights: https://lp.constantcontactpages.com/s... See how we work→ https://www.shopefinancial.com/ Subscribe to the channel →    / @patrickshope   —— Are you 55+ and approaching retirement? This retirement planning strategy provides essential guidance for anyone within 5 years of retirement who wants to review each critical area before making that final leap into retirement. Inside this comprehensive pre-retirement planning guide, you'll discover: • The retirement budget stress test - How to stress test your retirement budget against inflation and healthcare costs that could derail even well-funded retirement plans • Why regular retirement budgets fail - The difference between budgeting $8,000 monthly versus planning for how 5% annual inflation turns that into $10,000+ in real costs • The three-bucket expense categorization system - How to organize needs, wants, and wishes so you know exactly where to trim during market downturns or inflation spikes • Healthcare inflation protection strategies - Why budgeting $1,500 monthly for healthcare isn't enough when healthcare inflation could push costs to $2,200+ within 10 years • Social Security optimization beyond basic claiming decisions - How to create a comprehensive Social Security strategy that maximizes both spouses' benefits and survivor benefits • 2025 Social Security benefit maximization - Why waiting until age 70 can increase your maximum benefit from $2,831 (age 62) to $5,108 (age 70) and when it makes sense • Critical survivor benefit planning most couples miss - Which spouse should consider delaying benefits to maximize the survivor benefit that could last decades • How to create your my Social Security account for personalized benefit estimates and strategic planning • Medicare and long-term care wild card planning - Essential strategies for managing healthcare costs that could destroy even well-funded retirement plans • Medicare enrollment timing to avoid penalties - Why you must enroll during your initial enrollment period at age 65 unless you have creditable employer coverage • Long-term care cost reality check - How $5,000 monthly for home health aid and $9,000+ for nursing home care requires specific planning strategies • Three long-term care funding approaches - Self-insuring with $300,000-$500,000, traditional long-term care insurance, or hybrid life insurance policies with LTC riders • Sequence of returns risk management - The biggest psychological challenge of transitioning from wealth accumulation to retirement income distribution • Why retirement investing isn't just about returns anymor* - How sequence and timing of returns can make or break your retirement even with good average performance • The retirement bucket strategy explained - How to divide assets into short-term cash (1-2 years), intermediate bonds/CDs (years 3-7), and long-term growth (years 8+) • Asset allocation evolution for retirement - Moving from growth-focused to income-focused while maintaining inflation protection over 30-year retirement —— Timestamps 0:00 – Why the year before retirement is make-or-break (4 checkpoints) 1:15 – Step 1: Retirement budget stress test (inflation & healthcare) 2:05 – Needs / Wants / Wishes framework; healthcare inflation example 3:00 – Step 2: Social Security strategy (timing, spouse & survivor benefits) 4:25 – Check your estimates: create a my Social Security account 5:00 – Step 3: Medicare & long-term care (coverage gaps, penalties, costs) 6:05 – LTC options: self-insure, traditional LTCi, hybrid life/LTC riders 6:35 – Step 4: Turning savings into reliable income (mindset shift) 7:10 – Sequence-of-returns risk & the bucket strategy (cash/bonds/growth) 9:00 – Recap: the 4-step pre-retirement review + next steps/CTA —— Branch address: 180 Little Lake Dr 2b, Ann Arbor, MI 48103 Branch phone number: (734) 479-1400 Investment advisory services offered though Sigma Planning Corporation, a registered investment advisor. Shope & Associates, LLC is independent of Sigma Planning Corporation. This material was generated in part by Anthropic, a form of Artificial Intelligence, based on prompts and information provided by Patrick Shope. We do not sell insurance and are not acting as insurance producers. For product specifics, please consult a licensed insurance professional in your state. Past market performance is no guarantee of future investment performance or success. The projections or other information generated by the provided tool are hypothetical, based on limited inputs and assumptions, not guarantees of future results