Are Baby Boomers Sabotaging Their Retirement?

In this episode of Retire Smart Maryland Radio, Jon DeFeo discusses the financial challenges faced by baby boomers as they approach retirement. Jon explores common mistakes such as overestimating Social Security benefits and delaying contributions, emphasizing the importance of proactive planning. The conversation highlights the significance of risk management, especially in the first year of retirement, and introduces Kiplinger's rules for navigating this critical period. He stresses the need for purpose in retirement and share inspiring examples of individuals who found fulfillment later in life. Finally, they provide practical takeaways for listeners to ensure a successful retirement journey If you have any questions call Elite Income Advisors 800-653-8404 or click here to visit our website. Retire, Retiring, Retirement, Plan, Save, 401K, Roth, Pension,See omnystudio.com/listener for privacy information.