EP #57: Retirement Dress Rehearsal: Prepare for Retirement Like a Pro
Manage episode 378865973 series 3008801
Joe and Lindsay dive into the concept of a "retirement dress rehearsal.” Doing a dry run of retirement leads to a smooth retirement transition and prior planning prevents poor performance!
They stress the significance of understanding your cash flow needs in the year or two before retiring. They guide you through the process of setting up separate bank accounts for income and spending, ensuring that your retirement budget aligns with real-world spending patterns. They also explore common mistakes people make during retirement, such as underestimating their spending needs and leaving major projects for retirement.
Read the full show notes and find more information here: EP 57 Show Notes
100 episodes