Go offline with the Player FM app!
3235: [Part 1] The 3 Great Misconceptions About Retirement Saving by Darrow Kirkpatrick of Can I Retire Yet
Manage episode 498078188 series 126194
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 3235:
Darrow Kirkpatrick dispels two common myths that can sabotage your retirement planning: that Social Security will cover your needs and that you need millions to retire. With clear data and personal insights, he explains why self-reliance and realistic expectations are key to designing a secure and fulfilling retirement.
Read along with the original article(s) here: https://www.caniretireyet.com/3-great-misconceptions-retirement-saving/
Quotes to ponder:
"You need to plan on providing mostly for yourself, rather than relying on others, including the government."
"Even if full Social Security benefits were preserved, they would likely be unable to cover all of your retirement living expenses."
"There is little risk to an advisor in you working 5 or 10 years longer and dying with a few extra million on hand."
Episode references:
NewRetirement Retirement Planner: https://www.newretirement.com/retirement/planner
Social Security Administration: https://www.ssa.gov
Learn more about your ad choices. Visit megaphone.fm/adchoices
3943 episodes
3235: [Part 1] The 3 Great Misconceptions About Retirement Saving by Darrow Kirkpatrick of Can I Retire Yet
Optimal Finance Daily - Financial Independence and Money Advice
Manage episode 498078188 series 126194
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 3235:
Darrow Kirkpatrick dispels two common myths that can sabotage your retirement planning: that Social Security will cover your needs and that you need millions to retire. With clear data and personal insights, he explains why self-reliance and realistic expectations are key to designing a secure and fulfilling retirement.
Read along with the original article(s) here: https://www.caniretireyet.com/3-great-misconceptions-retirement-saving/
Quotes to ponder:
"You need to plan on providing mostly for yourself, rather than relying on others, including the government."
"Even if full Social Security benefits were preserved, they would likely be unable to cover all of your retirement living expenses."
"There is little risk to an advisor in you working 5 or 10 years longer and dying with a few extra million on hand."
Episode references:
NewRetirement Retirement Planner: https://www.newretirement.com/retirement/planner
Social Security Administration: https://www.ssa.gov
Learn more about your ad choices. Visit megaphone.fm/adchoices
3943 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.