Ep. 45: Do You Know What It Takes to Retire?

Most people think they’re prepared for retirement—but are they really? In this episode, we break down the biggest misconceptions, common mistakes, and real strategies to ensure your retirement isn’t a financial nightmare. From understanding your real retirement number to tackling inflation, taxes, and passive income, we’re covering everything you need to set yourself up for success.Key Takeaways: ✅ Why relying on Social Security alone is a huge mistake ✅ How to calculate your actual retirement income needs ✅ The truth about the 4% rule—and why it might not work for you ✅ How inflation will impact your future finances ✅ The role of passive income and tax-efficient investing ✅ The biggest mistakes people make (and how to avoid them!)Timestamps: [00:00] Overcoming technical issues & kicking off the conversation [02:15] The #1 retirement planning mistake people make [06:40] Why a million dollars isn’t what it used to be [12:10] The truth about financial advisors & market fees [18:25] How healthcare costs can wreck your retirement [22:50] The reality of inflation and long-term planning [30:00] Steps you can take today to secure your financial future [35:45] Why you need a financial planner & how to find the right oneResources Mentioned: 📌 Connect with [John & Wendy Lee] for a customized financial plan 📌 Learn more about protected asset classes and tax strategies📢 Ready to Take Control of Your Retirement? Don’t just hope for a secure future—plan for it! Book a free strategy call today.Connect With Us:Join our new Facebook Group⁠ for exclusive financial tips⁠Follow us on Instagram⁠ for daily money wisdom⁠Visit ProsperInTheKingdom.com⁠ for past episodes and resources🎧 Love the show? Subscribe, rate, and share to help others prosper in the Kingdom!