Retirement Starts Today Radio

Do's and Don'ts for Your 7-Figure Retirement [Rebroadcast]

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Sinopsis

Do you wish that there was a list of what to do and what not to do in your retirement? I recently discovered an article from MorningStar.com written by Sheryl Rowling titled 8 Financial Do's and Don'ts for the 7-Figure Retirement, and I thought it would be perfect to share with my listeners. You'll learn several tips that you should consider when planning your retirement. After we analyze the article’s do’s and don’ts, we’ll turn to Debbie’s question about taking Social Security early in order to protect beneficiaries.  Outline of This Episode [1:42] 8 Financial Do's and Don'ts for the 7-Figure Retirement [4:11] Boredom is a 4 letter word in retirement [6:25] Don’t take Social Security too late [10:19] Don’t write checks to charity [12:07] Consult a financial professional [13:45] Should Debbie take Social Security early? 8 Financial tips for a successful retirement Don’t retire too early. Retiring too early can be detrimental to both your psyche and your savings. If you have to retire early or sooner than e