Irreversible Decisions in Retirement Planning

Conventional wisdom says you can’t put toothpaste back in the tube. That is to say, once the deed is done, there’s no taking it back. There are many decisions in retirement planning that can’t be undone, and in today’s episode, we’re going to explore some of them.

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Conventional wisdom says you can’t put toothpaste back in the tube. That is to say, once the deed is done, there’s no taking it back. There are many decisions in retirement planning that can’t be undone, and in today’s episode, we’re going to explore some of them.

From deciding when to take Social Security to picking a retirement date, some choices in the planning process cannot be made on their own. It’s important to understand how these decisions will impact the big picture. Working with a financial professional like Mark can make all the difference in ensuring you make the right call.

Here’s some of what we discuss in this episode:

  • Choosing the right time to take Social Security
  • The irreversible nature of decisions regarding spousal benefits on pensions
  • The increasing cost and potential unavailability of life insurance as you age
  • Retiring too soon without a well-conceived plan in place

 

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