This conversation covers significant changes in retirement planning set to take effect in 2025, including higher contribution limits for 401k plans, automatic enrollment requirements, updates to required minimum distributions (RMDs), and the introduction of Roth matching contributions. The discussion emphasizes the importance of understanding these changes and how they can impact retirement savings and financial planning strategies. In this conversation, Ben and Matt discuss the various phases of retirement, emphasizing the importance of finding purpose and identity after leaving the workforce. They explore the psychological aspects of transitioning into retirement, the significance of financial planning to alleviate stress, and address common concerns retirees face, including estate planning for blended families. The discussion highlights the need for a structured retirement plan that considers both financial and emotional well-being.

Reach out to Ben and Matt at 877-249-6900 or https://soundpathretirement.com/