In this episode of Financial Safari, Coach Pete discusses the intricacies of retirement planning, emphasizing the importance of understanding personal wealth, happiness, and the need for a structured financial plan. He introduces the concept of the 'Three C's'—Clarity, Confidence, and Control—as essential elements for a successful retirement. The conversation also touches on common mistakes in retirement planning and the significance of having a lifetime income to ensure financial security. Throughout the discussion, Coach Pete encourages listeners to explore their retirement dreams and live an abundant lifestyle, while also providing historical financial insights. In this conversation, the speakers discuss various aspects of retirement planning, including the value of real estate as an investment, the importance of having a solid retirement plan, and the role of Social Security. They delve into the intricacies of annuities as a means to secure income in retirement and emphasize the need for individuals to evaluate their financial advisors and strategies. The conversation also highlights the significance of seeking a second opinion in financial planning to ensure that one's retirement goals are met effectively.