This time of the year is very special. Christmas songs can get you in the mood for celebrating with your family. They can also be compared to retirement planning. On this episode of The Retirement Huddle podcast, Mark Howard explains how they are similar.
First up, “I’ll Be Home for Christmas.” Some people won’t be traveling this year due to the pandemic and will be staying home.
“It could be an opportunity to improve your financial situation by using that money you’re not spending on travel and instead improving your financial situation by maybe paying off a debt or maybe adding a little bit more to your retirement savings,” said Mark.
You can use that saved money to make the best out of the situation.
Next up, “Do You Hear What I Hear?” That’s one of our favorite Christmas songs. This could be compared to clients who might be getting older and having trouble hearing. If so, we can help them choose good Medicare supplements because Medicare doesn’t cover hearing aids. That’s just one example.
“We have to make sure our clients have good, clear pictures of what Medicare does and doesn’t cover,” said Mark.
Next, “O Little Town of Bethlehem.” Little towns might soon be experiencing a population boom. We’ve heard about people fleeing cities and downsizing to smaller houses.
“We’re seeing homes in the low country come on the market and literally be getting two and three offers in the first day or two. It’s amazing,” said Mark.
Listen to the full episode to hear Mark sing and talk about more Christmas carols and retirement. Thanks for listening! We’ll be back for another show every other Thursday
[1:10] – I’ll be home for Christmas
[2:16] – Do you hear what I hear?
[3:39] – O, Little Town of Bethlehem
[5:22] – What child is this?
[6:07] – Blue Christmas