fbpx
Skip to main content
Created: March 1, 2024
Modified: February 21, 2024

Podcast Episode 346: The Good ‘Ole Days of Retirement Planning

What You’ll Learn:
There were a lot of things that were different back then, for maybe past generations, than they are for people retiring today. So we’re going to talk about how things are different now than they used to be.

There were a lot of things that were different back then, for maybe past generations, than they are for people retiring today. So we’re going to talk about how things are different now than they used to be.

Gone are the days when retirees could rely solely on pensions and Social Security. Today, proactive planning is crucial for a sustainable financial future. The episode with Eric Hogarth, CFP®, highlights that Social Security was never meant to be the only source of income in retirement. With life expectancies increasing, the need for a robust strategy that accounts for a longer retirement phase is more important than ever.

The podcast also sheds light on the challenge of information overload in the digital age. A touching anecdote about a child’s splinter serves as a metaphor for the overwhelming amount of financial advice available online. The story emphasizes the importance of personalized guidance over generic information. With unique financial journeys, professional advice is not a luxury but a necessity to navigate the complexities of retirement planning.

The episode encourages listeners to stay committed to the process of financial planning. As life and economic conditions change, your retirement strategy should adapt accordingly. By taking proactive steps now, you’re not just avoiding future financial hardships but also actively creating the comfortable and prosperous retirement you desire.

Listeners are encouraged to text for workshop details and to embrace the ongoing process of financial planning. As life and economic conditions evolve, so should your retirement strategy. By taking proactive steps today, you’re not just avoiding future financial strife but also actively crafting the comfortable and prosperous retirement you deserve.

As Eric Hogarth wisely notes, we must focus on what we can control in our financial lives. Whether it’s managing debt, understanding interest rates, or planning for longevity, take charge of your financial future to ensure comfort and stability in your golden years.

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

• How has planning has changed with pensions becoming rarer every year.

• As longevity increases, how does that impact Social Security and other aspects of planning?

• Lower interest rates on savings and fixed-income investments complicate income generation.

• Estate planning considerations you need to think through.

• Financial literacy is even more difficult as the investment landscape gets more complicated.  

Information presented in our podcasts is considered current as of the created date. Over time, some information presented may become stale. We recommend you consult with your Financial Professional before making any changes based on information contained here.

Johnson Brunetti is a marketing name for the businesses of JB Capital and JN Financial.

Investment Advisory Services offered through JB Capital, LLC. Insurance Products offered through JN Financial, LLC.
The guarantees provided by any type of insurance contract are based on the claims-paying ability of the insurance company.

Resources by Topic

Subscribe to Our YouTube Channel

Share

Related Resources

  • Answers to Key Social Security Questions

    The decisions you make about Social Security can have lasting implications, which is why it’s important to get your questions answered sooner rather than later. If you’re unsure about how to maxim…
  • The Right Order to Build Your Financial House

    You wouldn’t design a house that leaves you exposed to outside elements, so why do the same when building your financial house? A well-constructed house first and foremost needs a strong foundatio…
  • Identity Theft: What to Do If Your Identity Is Stolen

    In the digital age, the threat of identity theft is at an all-time high. Sophisticated cybercrime tactics and schemes have left us more vulnerable to online scams than ever before. So, what can…
  • Don’t Let Taxes Derail Your Financial Plan

    A retirement plan that doesn’t consider the impact of taxes can only get you so far. Implementing tax-efficient strategies early on is critical to lowering your lifetime tax liability. After all, …
  • Estate Planning Must Haves

    Estate planning can be a time-consuming and overwhelming process, but it’s a crucial step in securing your family’s financial future and cementing your legacy. By working closely with an estate pl…
  • The Road to Retirement – Don’t Go it Alone

    Achieving the retirement you’ve always dreamed of often requires careful planning. While the do-it-yourself approach may be difficult to shake, consider the benefits of seeking professional advice…
  • Am I Carrying Too Much Debt in Retirement?

    At any stage in life, debt can interfere with your financial goals. But what about when you retire? How much debt is too much? It depends on a variety of factors, including your income relative to…
  • What Updates Can We Expect for Social Security in 2025?

    A new year means new rules for retirement plans. Let’s start with one of the largest sources of income for millions of retirees: Social Security. What changes can we expect in 2025? Heath Gross…
  • Getting It All Together for Retirement

    After a long, fulfilling career, the time has come to embrace the next chapter. You may have envisioned the age at which you’d retire since you began working, but it’s important to distinguish bet…
  • Key Questions for Planning Your Retirement Income

    Replacing your income in retirement is a significant undertaking that raises many important questions and requires careful planning. First and foremost, it’s essential to have a retirement income …
    Back to top
    Our Locations
    Johnson Brunetti
    Welcome to Our New Website!
    Everything was designed with you in mind, making our retirement planning resources more easily accessible to you.
    Check out your new resource center, where everything can be organized by article type or topic
    Are you ready to speak with a financial advisor?
    Skip to content