Semi-retirement, also known as partial or phase retirement, refers to working in some capacity after retiring early. There is increasing interest in semi-retirement, with many people considering working part-time in retirement. The conversation explores the benefits and challenges of semi-retirement, including the social aspects of work and the financial implications. It also discusses the importance of proactive retirement planning, including considerations for healthcare expenses and required minimum distributions (RMDs). . They touch on the impact of Medicare premiums on social security, the importance of managing risk exposure in retirement, the potential risks of waiting out bad markets, and the benefits of working with a non-transactional financial advisor. They also discuss the importance of creating a budget, planning for retirement age, and considering the impact of social security cuts. Additionally, they address questions about Roth conversions, spousal benefits, and contributing to a Roth 401(k). Overall, the conversation emphasizes the need for personalized planning and the value of seeking professional advice.

Reach out to Kevin and Robin at 800-757-6062 or https://www.infinitewealthadvisors.com/

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The hosts discuss the retirement planning rules of thumb that are outdated and no longer effective in today's economy. They emphasize the importance of customizing retirement plans to individual circumstances and goals. They also debunk the 60-40 bond split rule and the magic retirement age of 65. The hosts explain the rule of 72 and how it can be used as a tool to estimate investment growth. They also discuss the 4% rule and the need for ongoing monitoring and adjustments in retirement planning. In this conversation, Kevin and Robin discuss various topics related to retirement planning and financial management they emphasize the value of seeking professional help and getting a second opinion to ensure a confident and well-rounded retirement plan. The conversation also touches on the difference between investing in index funds and starting a Roth IRA. Overall, the hosts provide valuable insights and guidance for individuals approaching retirement.

Reach out to Kevin and Robin at 800-757-6062 or https://www.infinitewealthadvisors.com/

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The conversation discusses the changes in retirement planning over the past 20 years and provides insights and advice on various aspects of retirement. The main themes include the shift from pensions to personal responsibility, the challenges with Social Security, the importance of planning and taking care of oneself, the need for comprehensive healthcare coverage, and the potential pitfalls of overspending and not taking advantage of senior discounts. In this conversation, Kevin Sullivan and Robin Whitlock discuss various retirement planning topics. They emphasize the importance of making informed decisions and seeking professional guidance. They advise against unnecessary expenses in retirement, such as owning multiple cars, and stress the need for careful management of retirement accounts. Overall, they encourage listeners to create a comprehensive retirement plan tailored to their specific needs and goals.

Reach out to Kevin and Robin at 800-757-6062 or https://www.infinitewealthadvisors.com/

See omnystudio.com/listener for privacy information.