Episode 6: Can I Retire? Key Questions and Answers for a Secure Retirement
In this episode of the “Road Rules for Retirement Show,” host Mark Fried introduces the show’s mission to assist listeners in planning a secure and fulfilling retirement. The episode addresses the most common question, “Can I retire?” and emphasizes the importance of early planning and having a comprehensive, written retirement plan. Mark discusses the creation of customized retirement plans tailored to individual needs, avoiding one-size-fits-all solutions. He explains Roth conversions, their benefits, and tax implications. The episode provides top tax strategies for retirees, highlighting the importance of tax-efficient withdrawal strategies and proactive tax planning. Listeners learn about maximizing Social Security benefits, evaluating annuities, and deciding between lump sum pension payouts and monthly payments. Mark underscores the value of engaging with professional financial advisors to navigate complex retirement decisions and optimize financial outcomes.
