Making Your Retirement Money Last

Today, we’re talking about a mistake that so many Americans make when it comes to their IRAs. Rolling over an employer-sponsored 401(k) into an IRA can be a great choice for so many of us – but, according to Vanguard, there’s one simple mistake that more than 1-in-4 investors make during that process – and that mistake costs investors a total of more than $170 billion dollars each year in lost retirement wealth.Each episode of Safe Money Guidance tackles essential retirement planning topics, offering guidance on managing taxes, developing income strategies, and evaluating options for long-term care. Bill Ilgenfritz shares practical approaches to adapting to market shifts, understanding Social Security, and preparing for the changing needs and goals that come with retirement. Episodes are designed to answer listener questions, highlight current financial reports, and provide straightforward information to support thoughtful strategies—all tailored for the realities facing retirees and those preparing for their next chapter.