We are opening up the mailbag today and answering some listener questions! Are you thinking of retiring early? Make sure you have a plan. You won’t be able to access your 401(k) or IRA until you are 59 1/2 and Medicare eligibility isn’t until 65. As you approach retirement what kind of risk should you be taking? Shari advises having risk buckets and working with your advisor to understand what kind of risk you can be taking on. We will also discuss if having multiple advisors is a good plan and why we need a budget for retirement. If you ever have a question, make sure to reach out to us!
What we discuss on the show:
1:12 – We’re into November
2:30 – What should we do if we want to retire around 55?
6:11 – What kind of risk should I be taking?
9:25 – Is it a bad idea to have two advisors?
13:00 – Do we need a budget in retirement?