Are You Truly Prepared for Retirement? (Ep. 30)
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What does financial readiness for retirement truly mean?
In this episode, John and Alex Soutsos discuss the often daunting question: “How do you know when you’re ready to retire?” Gain valuable perspectives on the psychological and financial aspects of retirement planning. They explore the importance of a robust financial strategy, emphasizing that true readiness means aligning your plans with both your bank statements and your passions.
John and Alex discuss:
- (01:03) Determining financial preparedness for retirement
- (04:13) The role of committed, non-discretionary expenditures
- (20:56) The impacts of psychological readiness on transitioning out of a career you love
- (24:47) The significance of maintaining health and reducing stress as you age
- (31:24) The importance of having a power of attorney and drafting a will
- And more
Dive deeper into this pivotal discussion and revolutionize your thinking about retirement. Tune in to align your financial goals with your personal aspirations and guide you toward a prosperous future.
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