Financial media loves simple answers: always do this or never do that. But real financial planning doesn’t work that way. Most of the biggest decisions people face in retirement live in the gray. Steve breaks down some of the most common “black and white” retirement decisions and shows why they’re rarely that simple. When advice sounds too simple, that’s usually a sign there’s more to talk about.
Here’s some of what we discuss in this episode:
💰 Roth Conversions: Not Always a Win
⏳ Social Security: Early vs. Late Isn’t So Simple
💧 Saving vs. Liquidity: Finding the Right Balance
🎯 Target Date Funds: Is DIY better than custom?
0:00 – Financial Media’s Simplification
2:11 – Roth Conversions
4:08 – Social Security: When to Take It
6:45 – Max Out Retirement vs. Building Liquidity
8:09 – Target Date Funds vs. Customized Portfolios
10:00 – Programs for Utility Workers
Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.html
Follow along on YouTube: https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9Sg
Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12
Other ways to get in touch:
Phone: (775) 266-8867
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