Bad Advice From Social Media!

This episode of Mile High Money with Adam Moeller discusses the dangers of bad financial advice on social media, particularly on platforms like TikTok. The episode explores the prevalence of misleading financial advice on social media and the potential harm it can cause. It also delves into the myth surrounding 401(k)s and the importance of exploring better retirement options. Overall, the episode emphasizes the importance of seeking reliable and trustworthy financial advice. The conversation covers various topics related to retirement planning and financial management. It begins with determining retirement income needs, including fixed expenses and healthcare costs. The discussion then moves on to maximizing Social Security benefits and assessing retirement savings, such as 401k, pension, and IRA accounts. Planning for retirement five years out is emphasized, with considerations for asset allocation and guaranteed income streams. Adam offers a financial review and analysis service, followed by a Q&A session covering topics such as rolling over a 403B account, spending down tax-deferred funds, living on dividend income, and options when a 401k is unavailable.   Reach out to Adam at 800-467-0737 or AJM FinancialSee omnystudio.com/listener for privacy information.