Retirement Regrets: Avoiding Common Pitfalls | Accessible Finance Ep 82 cover art

Retirement Regrets: Avoiding Common Pitfalls | Accessible Finance Ep 82

Retirement Regrets: Avoiding Common Pitfalls | Accessible Finance Ep 82

Listen for free

View show details

About this listen

In episode 82 of Accessible Finance, hosts Eric and Rachael Johns delve into retirement regrets and how to avoid common pitfalls. They discuss personal stories from retirees who wish they had started saving earlier, misunderstood Medicare coverage, mismanaged investment strategies, failed to seek professional advice, and avoided important financial conversations with family. The episode emphasizes the importance of early saving, thorough research, balanced investment approaches, engaging professionals, and open family discussions about finances.

00:00 Introduction to Episode 82

00:17 Retirement Regrets: Starting Late

01:56 The Importance of Employer Match and FICA Taxes

08:18 Medicare Misconceptions and Healthcare Costs

15:27 The Pitfalls of Conventional Wisdom in Retirement Planning

17:02 The Impact of Inflation on Bonds and Equities

20:56 The Importance of Professional Financial Advice

25:51 The Necessity of Family Conversations About Money

31:40 Key Takeaways and Final Thoughts

No reviews yet
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.