016: Retirement Planning: Why Taxes and Healthcare Costs Can be a Drain to Your Legacy with Joe Anderson

When it comes to retirement planning, almost everyone knows about the danger of a market downturn or rampant inflation. But what else is out there that could set you back, and how can you best protect yourself? To answer those questions, today we're joined by one of our Financial Advisors here at SHP, Joe Anderson. Joe has coached countless clients through tough financial challenges and helped them solve many complicated problems. In this episode, we dig into why it's essential to create a tax plan as you head into retirement, the potential burdens of healthcare, and the tools you can use to protect yourself and your money in the years to come. In this podcast interview, you'll learn: Why countless retirees end up with no plan to pay their income taxes. How Medicare premiums end up doing serious financial damage to retirement plans. How long-term care ends up becoming a huge financial liability for so many people. Products and tools you can use to shield your assets or cover gaps in the event of a health event. Why a financial plan helps you understand the unknown and make sense of the real risks you could be facing in retirement. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube