10 Tips for a Financially Healthy Retirement | Women & Wealth
Women & Wealth · Regina Hess
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Show Notes
Welcome to the Women & Wealth Podcast! In this week's episode, host Regina McCann Hess, shares 10 Tips for a Financially Healthy Retirement.
It's the problem that is on nearly everyone's mind – the issue is that there are so many options and so much advice out there for what you should be doing to address your own retirement. From your broad philosophy, all the way down to the nuts and bolts and individual decisions you should be making, you need to be prepared for what comes next – no matter how far away it seems. In this quick, 15 minute video, Regina lays out not only what you should know, but what you should be focusing on. From updating your account beneficiaries and setting up proper insurance to tactical advice like: "reduce or eliminate your debt" and "avoid early withdrawals from retirement accounts.
This is the episode that lays it all out just enough to get you thinking about retirement… or even reconsidering your whole strategy.
Episode Highlights:
0:00 - Introduction
0:47 - Reduce/eliminate debt
1:32 - Delay social security payments
2:48 - Contribute as much as you can to 401k/IRAs
5:10 - Avoid early distributions from retirement accounts
6:17 - Save 1-2 years of a "rainy day" fund
8:35 - Don't panic in down markets
9:11 - Always update account beneficiaries
9:56 - Take your full required min. distributions
10:49 - Setup proper insurances
12:57 - Episode wrap-up
ABOUT REGINA MCCANN HESS
Regina is the author of Super Woman Wealth: How to Become Your Own Financial Hero. As an advocate for women's financial freedom, she wrote this book to help empower women to take a bigger role in handling their money.
Regina has appeared on Schwab TV, Yahoo Finance, Forbes.com, NTD Television, CBS 3 Philadelphia, Fox 29 Philadelphia, King 5 Seattle, KTLA 5 Los Angeles and Scripps News. She has also been quoted in numerous articles in publications such as Forbes, Business Insider, U.S. News & World Report, Yahoo Finance, USA Today, USA Wire, Word in Black, WTOP News, Mind Body Green, Money Digest, New York Post, Defender, Authority Magazine, GoBankingRates.com, Scripps and The Muse.
As Founder of Forge Wealth Management, Regina utilizes her 25+ years of financial services experience to help individuals plan, preserve and diversify their wealth. She focuses on educating her clients while building long-term relationships with them and their families. Her experience throughout major shifts in the markets, enables Regina to structure balanced portfolios to address specific financial goals.
CONNECT WITH REGINA
Website: https://www.forgewealth.com
LinkedIn: https://www.linkedin.com/in/reginamccannhess/
Facebook: https://www.facebook.com/ForgeWealth
Instagram: https://www.instagram.com/forgewealthmanagement/
YouTube: https://www.youtube.com/@ForgeWealth
Email: [email protected]
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For a list of states in which I am registered to do business, please visit www.forgewealth.com.