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Financial Choices MatterAuthor: Charles Scott Language: en Genres: Business, Business News, Investing, News Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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6 Retirement Blunders Millionaires AVOID
Episode 118
Thursday, 23 January, 2025
According to a 2024 Gallup poll, 74% of retired Americans have enough money to live comfortably- and no, you don’t need to be a millionaire to get there. But there are some mistakes you can actively avoid to steer your financial future in the right direction. In today’s conversation, Charles and Marc will cover 6 retirement blunders that successful American millionaires tend to avoid. Here’s some of what we discuss in this episode: 0:00 – Intro 1:35 – Investing too conservatively in retirement 4:13 – Forgetting about healthcare costs 9:38 – Spending too much on housing 12:41– Sinking too much money into a car 15:17 – Funding grown children’s lifestyles 17:49 – Mismanaging RMDs 19:32 – Listener question Click HERE to check out the article that inspired today's show Contact: Phone Number: 480-513-1830 Website: https://pelletoncapital.com/ YouTube: https://www.youtube.com/@PelletonCapitalManagement
