Transitioning into retirement can often bring a set of new financial challenges and opportunities. In this episode, Ryan Herbert highlights the significant role of understanding cost of living, housing, and taxes in retirement planning. As inflation and healthcare costs rise, it becomes imperative to have a robust plan that addresses these expenses.
Ryan also explains the misconceptions about spending less in retirement and falling into a lower tax bracket, which can lead to financial pitfalls. He addresses the importance of having a comprehensive tax plan that evolves with your retirement needs and ensuring that you can enjoy your retirement years without financial strain.
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