In this episode of Financial Fuel, Trent Miles discusses the common misconceptions surrounding retirement expenses, emphasizing that many retirees underestimate their costs. Trent explores the importance of planning for healthcare, long-term care, and taxes, and introduce the bucket strategy for structuring retirement income. The conversation also highlights the role of annuities in providing guaranteed income and addresses real-life scenarios retirees may face, offering practical solutions for financial security in retirement.
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Retiring, Retirement, Saving, Save, Plan, Planning, 401K, Pension, IRA,

Essential Steps for Preparing for Retirement
52:44

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52:59

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52:01