Saving vs. Investing: What You Need to Know When it Comes to Your Retirement

In this episode of Retire Smart Maryland Radio, hosts Prashant Sabapathi and Jon DeFeo discuss the critical differences between saving and investing, emphasizing the importance of understanding financial goals and risk management. They explore the concept of phased retirement as a way to ease into retirement while maintaining purpose and identity. The conversation also touches on legacy planning, highlighting strategies to create a family bank or dynasty trust without fostering dependency. The hosts stress the necessity of having a comprehensive financial plan to navigate the complexities of retirement and ensure a fulfilling future 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.