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Ep 22: Are These Excuses Keeping Your From Retirement?
Episode 23

Ep 22: Are These Excuses Keeping Your From Retirement?

Phil's Tax Hacks

January 9, 202022m 0s

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Show Notes

Have you ever heard someone tell you they don’t want to retire? Sometimes they might mean it, but other times it’s just a defense mechanism for the fact that they don’t feel prepared for retirement. Let’s take a look at some of the most common excuses and what they might actually mean.  

 

Show Notes and Additional Resources: https://philstaxhacks.com/podcast/ep-22-are-these-excuses-keeping-your-from-retirement/ 

 

Today's Rundown: 

1:19 – Happy new year! Should be an interesting year.

2:31 – Let’s talk about excuses that may keep us from retiring.

3:49 – Excuse: ‘I love my career.’

6:08 – Excuse: ‘I would be bored if I retired.’

11:17 – Excuse: ‘We don’t have enough money to retire.’

13:29 – Excuse: ‘I don’t have enough confidence in my plan to walk away from work.’

15:55 – Planning for retirement is like planning a road trip.

19:25 – Mailbag Question: My husband’s military pension has been a very nice benefit but I’ll no longer get a penny of that after he passes away. This was a mistake in retrospect but what can we do moving forward?