Ep 13: The Universal Truths in Retirement Planning (Part 2)

Wealth & Wisdom with Michael Loftus

Today we’re going to finish up the conversation we started on our last show by running through the last five universal truths in retirement. There isn’t a one-size-fits-all solution for retirement planning, but there are certain truths that can guide every retiree. We have five more in this episode that will juxtapose the individuality of retirement planning with the foundational principles that remain consistent from person to person.

From there we’ll unearth and tackle the unasked and overlooked questions in retirement. These hidden, but essential, questions can help define the comfort and security of your retirement future, but they might be a little harder to find answers for. We’ll bring those questions to the forefront today and help explain how to determine the answers for your plan.

We’ll wrap up today’s show with a few mailbag questions from listeners about mortgages in retirement, will or trust for real estate, and RMD amounts.

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

• The final five retirement truths that everyone needs to account for in retirement.
• The ‘hidden’ questions in retirement planning that will need to be answered.
• Is it still okay to get a mortgage at current rates or should you pay cash if you can?
• Do you need a will, trust, or both for leaving rental properties to your children?
• Is there any way you can get around the withdrawal amounts for RMDs?

LEARN MORE:

Recent educational videos on YouTube: https://bit.ly/3CMiRbt
Schedule a meeting with Michael: https://lwsde.com/schedule-a-meeting/
Visit Michael's website for more resources: https://lwsde.com/
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