Trevor Lawson discusses the unique financial and logistical considerations for adults navigating retirement without children. Because child-free individuals lack a traditional family safety net, Lawson emphasizes the necessity of proactively building a support team of legal proxies or professional geriatric care managers to handle medical and financial decisions. The conversation covers critical strategies such as securing long-term care insurance, earmarking funds for home modifications, and budgeting for social engagement to prevent isolation.

References:
How to Plan for Retirement When You Don't Have Kids: https://www.aarp.org/money/retirement/retirement-planning-no-kids/

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth. Branch phone: 919-546-0400.

Want to build a million-dollar balance in your 401(k)? It all starts with the power of compound interest—why starting early and getting the full employer match is crucial. Learn to put contribution increases on autopilot, save aggressively (the millionaires' average is over 17% of pay) , and why maintaining a separate emergency fund prevents costly 401(k) loans and penalties. We also cover how to take advantage of new, higher "catch-up" contribution limits for those over age 50 , and why staying the course and ignoring short-term market swings is the key to long-term success.

References: https://www.aarp.org/money/retirement/401k-millionaire-saving-tips/

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth. Branch phone: 919-546-0400.a

You've budgeted for travel and groceries, but are you prepared for the sneaky, rising costs that can derail a well-laid retirement plan? Learn why healthcare and wellness could be the "big tamale" of your retirement spending, with costs rising faster than general inflation. We also explore the hidden costs of home maintenance and modifications , rising insurance premiums , the expense of multi-generational travel , and why your taxes might not drop as much as you expect. Tune in to put these potentially significant budget items on your radar, ensuring you're fully aware and prepared for a thriving retirement.

References: https://www.aarp.org/money/personal-finance/most-common-underestimated-expenses/

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth. Branch phone: 919-546-0400.