In this episode of the One of a Kind Financial Show, Mike Milligan discusses the hidden threats to retirement planning, emphasizing that the biggest risks often stem from preventable mistakes rather than market crashes. The conversation covers common traps retirees fall into, such as failing to have a comprehensive financial plan, cashing out retirement accounts prematurely, and overreliance on tax-deferred vehicles. Mike also highlights the importance of behavioral finance, the lessons learned from early American banking, and the necessity of preparedness for unexpected life events. The episode concludes with a Q&A segment addressing long-term care and legacy planning, reinforcing the need for open conversations about financial responsibilities within families.

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