A little hope is good for the soul, but when it comes to retirement planning, wishful thinking can lead to serious financial mistakes. Today, we’re walking through 5 common examples of wishful thinking that can quietly damage your retirement and how you can build a plan that protects your future instead of relying on luck. From relying on outdated rules of thumb to underestimating healthcare costs, these are the “harmless” beliefs that can become costly mistakes if left unchecked.

Here’s some of what we discuss in this episode:

💸 Why “living off interest” no longer works 📉 The risk of retiring into a market downturn 📊 The myth of being in a lower tax bracket later in life 🏥 The hidden costs of long-term care 💰 Why your spending might not go down after all

Retirement Tax Bill Calculator

https://thetaxbomb.com/

Connect:

Website: https://centrusfs.com/podcast/

Call: 800-779-4592

Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min

Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/

When the headlines scream and markets tumble, your instinct might be to do something. But what should you actually do when the market drops? In this episode, Jude walks through 4 key things to consider when your portfolio takes a hit.

Here’s some of what we discuss in this episode:

🧠 Gut check: You may not be down as much as you think

⚖️ How diversification can help when the market takes a hit

🔁 Rebalancing & Roth conversions during downturns

💸 Why you should keep contributing

📵 Turn off the news and stop doomscrolling

Connect:

Website: https://centrusfs.com/podcast/

Call: 800-779-4592

Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min

Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/

Annuities are often misunderstood- some see them as a financial nightmare, while others consider them a key part of a well-rounded portfolio. So, what exactly are they? And can they offer any tax advantages?

Jude is here to break it all down- how annuities work, their tax implications, and when they might fit into a retirement strategy.

Here’s some of what we discuss in this episode:

0:00 – Intro

2:07 – What is an annuity?

3:40 – Types of annuities

6:19 – Advantages of annuities

8:34 – Disadvantages and fees

15:09 – When might an annuity be a good fit?

Connect:

Website: https://centrusfs.com/podcast/

Call: 800-779-4592

Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min

Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/