The Domino Effect: How One Mistake Can Ruin Your Retirement Plan

Ever heard of the domino effect? Well, in retirement planning, just one misstep can topple your entire future. Today, we'll explore the key areas that need careful attention to ensure a solid retirement plan.

We’ve identified five potential financial pitfalls that can lead to additional problems for you in retirement, but J’Neanne will share some tips on how to avoid these common problems.

 

Here are some of the things you’ll learn in this episode:

0:00 – Intro

1:41 – Possibility of outliving your money

4:34 – The creep of inflation

9:10 – Expense of a nursing home stay

13:46 – Volatility of the stock market

14:50 – Threat of rising taxes

17:08 – Getting to Know J’Neanne

20:01 – Listener question

 

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