Episode 109: "Retirement Ready: What to Have in Place Moving Forward"

Retirement readiness isn’t about predicting the future, it’s about being prepared for it.In this episode, we discuss the essential elements of a strong retirement plan and how thoughtful preparation helps you move forward with confidence. Using lessons from aviation, we explore why having a clear plan, managing market volatility, and avoiding common estate and Social Security mistakes can make all the difference.Whether you’re approaching retirement or already there, this conversation focuses on what truly matters as you plan for the years ahead.Chapters00:00 Intro𝗦𝗼𝗮𝗿𝗶𝗻𝗴 𝗶𝗻𝘁𝗼 𝗥𝗲𝘁𝗶𝗿𝗲𝗺𝗲𝗻𝘁01:45 You Need a Flight Plan07:10 Handling Financial Turbulence12:15 You Need Your “Air Traffic Control”Estate Planning Mistakes16:25 Needing a Plan to Live vs. a Plan to Leave20:40 Updating Beneficiary information23:10 Money Makes People Funny25:50 The landmines of Transferring Property28:10 Tax issuesSocial Security Truths & Myths31:55 The Perfect Time to Take Social Security36:10 Getting Social Security Before it Goes Broke37:50 Balancing Social Security & Your Other AssetsListener Questions 43:05 Taking RMD’s from IRAs & 401Ks47:05 Are annuities safe?Ready to plan your retirement? Do you have specific questions for Tom and the team at Mosley Wealth Management? Contact us here   https://mosleywealthmanagement.com/contact/ ===================================================If you enjoy this content, please 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄! https://www.youtube.com/channel/UCPMvD3G1cZA1Kz4CKnwynhA?sub_confirmation=1=================================================== ⭐ 𝐂𝐎𝐍𝐍𝐄𝐂𝐓 𝐖𝐈𝐓𝐇 𝐔𝐒 𝐎𝐍 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀⭐ - Facebook: https://www.facebook.com/mosleyeaseintoretirement- Instagram: https://www.instagram.com/easeintoretirement/- LinkedIn: https://www.linkedin.com/company/mosley-wealth-managementLearn the key components you need to include in your retirement plan:Check this video out: https://youtu.be/QkJzvbZ_gDs#RetirementPlanning #RetirementRisks #RetirementBlueprint #LongevityRisk #MarketRisk #TaxPlanning #LongTermCare #Social Security#Retirement #RetirementReady #FinanicalAdvisors #RetirementSavings #Retirement #HowtoPrepareforRetirement #RetirementTips #RetirementStrategyDISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (“MWM”). MWM and Mosley Insurance and Financial Services are affiliated companies by common ownership. License # 0K76766 Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions nor should it be construed as advice designed to meet the needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government or any governmental agency. Some of the information provided may be from one or more third parties which we believe to be reliable sources, but accuracy and completeness cannot be guaranteed by Mosley Insurance & Financial Services.For more information, visit: www.mosleywealthmanagement.com