Episode 10: Navigating the Emotional and Financial Side of Retirement
In this episode of Road Rules for Retirement, Mark Fried shares his expertise on financial planning for retirees. He addresses the most common question: “Can I retire?” and offers practical tips to assess retirement readiness. Mark discusses the emotional and financial challenges that arise when one spouse retires before the other, the importance of having a purpose in retirement, and why planning goes beyond just money. Learn the crucial difference between having a lump sum of cash and turning it into sustainable income, how to navigate market volatility, and explore different types of annuities. Mark also emphasizes the need for personalized financial strategies to secure a comfortable retirement.
