When it comes to retiring there’s a reality many fail to consider, hidden retirement costs! These surprise costs can catch you off guard and potentially derail your financial security. From the rising costs of Long-Term Care, including Medicare premiums and out-of-pocket expenses, to the costs of downsizing, or losing a spouse, retirement isn't always as straightforward or as easy as it seems. In today’s show, retirement experts Tom Mosley and Kristin Oakley dive into “Part 2” of the lesser-known expenses that could catch you off guard in retirement and share what you can do now to stay ahead of them. Let’s make sure your golden years are truly golden. Jump to a segment using the 𝘁𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀 𝗯𝗲𝗹𝗼𝘄! 👇 TIMESTAMPS 00:00 Biggest Hidden Retirement Costs 07:50 Net Worth or Retirees 14:25 Long Term Care 30:19 Losing A Spouse 35:50 Downsizing Costs 40:52 Family Support (financial help for adult kids/grandkids) 47:44 Insurance Costs
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Learn the key components you need to include in your retirement plan, check this video out: https://youtu.be/QkJzvbZ_gDs
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