How can you save for retirement if you don’t know how much money you’ll need?
It’s time to calculate your financial finish line so you don’t run out of money during retirement!
In this episode, Jim Kruzan, CFP®, CRPC®, shares easy-to-follow methods and rules of thumb to estimate your retirement expenses and income — and what to do if you have no idea where to begin.
Jim discusses:
- Key points to discuss with your spouse about your “dream retirement”
- Why you should categorize your retirement expenses into needs, wants, and wishes
- How to account for major lifestyle adjustments and rising healthcare costs
- Rules of thumb to quickly check if you’re on track
- And more
Resources:
- The 5 Most Important Questions to Ask a Financial Advisor Before Hiring Them
- 7 Common Retirement Planning Mistakes (And How To Avoid Them)
- Start Designing Your Bigger, Bolder Retirement
- Social Security Cost-Of-Living Adjustments (last 50 years)
- Planning for Health Care Costs in Retirement
Connect with Jim Kruzan:
- (800) 638-6900
- Kaydan Wealth Management
- LinkedIn: Jim Kruzan
- LinkedIn: Kaydan Wealth Management
- Facebook: Kaydan Wealth Management
- Instagram: Kaydan Wealth Management
- YouTube: Kaydan Wealth Management
- Twitter: Kaydan Wealth Management
About Your Host:
Balancing the responsibilities of Founder and Senior Wealth Advisor puts Jim in a unique position at Kaydan Wealth Management. As the Founder, Jim is responsible for guiding the direction of the firm’s moral compass and ensuring the entire team is advancing its mission statement. As Senior Wealth Advisor, he manages the firm’s largest and most complex client relationships and is also hands-on with the development of comprehensive, process-driven wealth solutions.
