In this episode, Jackie Selby and Esa Jokela discuss the common financial mistakes people make and how to recover from them. They emphasize the importance of not compounding mistakes, understanding financial options, and the necessity of having a solid financial plan. The conversation also touches on the ostrich strategy, where individuals avoid financial planning, and the value of seeking a second opinion on financial matters. The hosts provide insights on creating a customized income plan to ensure financial stability during retirement. In this conversation,they discuss the importance of financial planning for retirement, focusing on strategies to alleviate financial stress, the role of social security, the transition from pensions to annuities, and the bucketing strategy for managing retirement funds. They emphasize the need for personalized financial advice to navigate these complex topics effectively.

Reach out to Esa and the team at 888.919.9311