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So you’ve saved up $1 million and you plan to retire at age 65. You should be good, right? Well, things could go really smoothly or your retirement could go completely wrong if your retirement plan has been mismanaged. In this video, Scott will share three things that could wreck your retirement and walk you through how it could happen using a hypothetical case with a couple who are in this situation. We’ll take you through their financial plan and how much they can spend in retirement, but also show you how these three things could completely ruin their $1 million portfolio they’ve worked so hard to save. #retirementplanning #incomeplanning Here’s some of what we discuss in this episode: 0:00 – Intro 0:54 – Let’s begin the hypothetical 9:59 – Cash flow 12:59 – Projections 17:28 – 1st issue: Underestimating your expected expenses 21:09 – 2nd issue: Mismanaging your investment portfolio 25:35 – 3rd issue: Failing to plan for long-term care Begin the 'Max My Retirement' Gameplan here: https://sierensfinancialgroup.com/wor... Want to learn more about financial and retirement planning? ➟ https://bit.ly/3tcS3vn _____________________________ CONNECT 🤝 Facebook: / sierensfinancial LinkedIn: / scott-sierens-sfg Podcast: https://lifemoneyshow.com/podcast/ _____________________________ CONTACT ☎ Website: https://lifemoneyshow.com/ Phone: (847) 235-6989 Email: [email protected] Appointment: https://calendly.com/sierensfg/intro-...