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A show designed to help retirees and pre-retirees live an awesome retirement.
The 8 Retirement Mistakes That Could Derail Your Plan
Smart Wealth and Retirement
29 minutes
2 months ago
The 8 Retirement Mistakes That Could Derail Your Plan
In this episode of the Smart Wealth & Retirement Podcast, financial advisors and retirement planners Jim Martin & Casey Bibb of Martin Wealth Solutions share the 8 things you should stop doing if you want a stress-free, confident retirement. They highlight the bad habits and costly mistakes that can quietly derail your financial plan — from ignoring inflation to putting off Social Security decisions — and offer practical ways to get back on track. Jim and Casey explain why avoiding these missteps can save you time, money, and worry, and they provide real-world strategies you can apply today to strengthen your retirement outlook.Want to work with us?
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00:00 Introduction and Welcome00:41 Why It’s Not Just What You Do — But What You Avoid01:38 Mistake #1: Waiting Too Long to Start Planning04:02 Mistake #2: Spending Without a Clear Retirement Budget06:17 Mistake #3: Over-reliance on Social Security09:04 Mistake #4: Ignoring Taxes in Retirement12:15 Mistake #5: Investing Emotionally Instead of Strategically16:02 Mistake #6: Carrying High-Interest Debt Into Retirement19:43 Mistake #7: Underestimating Healthcare & Long-Term Care Costs23:12 Mistake #8: Failing to Work with a Professional Advisor26:25 Closing Thoughts and How to Get Started
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Smart Wealth and Retirement
A show designed to help retirees and pre-retirees live an awesome retirement.