As you get closer to retirement, it’s usually not one big mistake that throws things off — it’s a handful of smaller decisions that can quietly add up over time.
In this episode, Tyler Emrick, CFA, CFP®, walks through five of the most common money moves near retirees make and what to be thinking about instead as you transition into retirement.
We cover:
- Why your investment strategy needs to change as you shift from saving to spending
- How tax planning becomes more important once you’re no longer relying on a W-2
- The impact of Social Security timing decisions, especially for married couples
- The risks of taking on more investment risk to “catch up”
- And how healthcare costs — both before and after Medicare — can affect your plan
If you’re within a few years of retirement, this episode will help you avoid some of the most common pitfalls and make more intentional decisions with your money.
Have questions?
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