You’ve spent decades doing the hard part and if you’ve done it well, it’s natural to wonder… why change anything now? But retirement isn’t just a continuation of what you’ve already been doing. It’s a completely different phase with new risks, new decisions, and a lot more at stake. Steve unpacks why success during your working years doesn’t automatically translate into success in retirement, and what you need to think about before making that transition.
Here’s some of what we discuss in this episode:
📩 DIY Success: Confidence built during working years
🔄 New Game: Saving vs. spending requires different skills
📉 Higher Stakes: Early losses can derail retirement
🧩 Complexity: Taxes, income, and healthcare all collide
🔓 Fear of Losing Control: Letting go doesn’t mean losing control
0:00 – Intro
1:06 – Listener Question
2:18 – Accumulation vs Distribution
5:28 – Stakes are Much Higher
7:13 – Complexities in Retirement
10:13 – Fear of giving up control
11:58 – Work with Steve
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
Our website: https://powerhousefinancialadvisors.com/
LinkedIn: https://www.linkedin.com/company/powerhouse-financial-advisors/
Facebook: https://www.facebook.com/PowerhouseFinancialAdvisors
