Episode 9: "Things to Consider When You Want to Be Hands On with Your Retirement"

In today’s podcast, Tom & Kristen discuss the top things to consider when you want to be hands on with your retirement. First, they share 5 questions you need to ask yourself when it comes to managing your 401K (or any of the “4 plans”) and maximizing your investments. Next, they address the topic of Long Term Care, share some current stats, and provide several solutions you can consider to address the high costs of Long Term Care. Finally, Tom addresses inflation and the impact the cost of living is having on Social Security.   Whether you're just starting out with your 401(k), looking to enhance your existing strategy, or wanting some current information on Long Term Care and the impact of inflation on Social Security, this episode is packed with actionable insights to help you take control of your retirement savings. Tune in and empower yourself to make informed decisions about your financial future. Jump to a segment using the 𝘁𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀 𝗯𝗲𝗹𝗼𝘄! 👇  TIMESTAMPS 00:00 Intro 01:23 5 Questions to ask when you are taking a hands on approach to retirement 02:45 The various 4 plans (401K, 403b, 457) 06:45 Question#1: Do you have the right qualifications? 09:40 Question #2 – How Good Are Your Raw Materials (The funds within your 401K) 15:20 Question #3 – What is your asset allocation plan? 18:20 Question #4 – Is fine-tuning your account in order? Assess options to 401Ks. 22:58 Question #5 – What is your oversight strategy? 26:48 Long Term Care & What you need to know to remove the fear on this topic 43:12 COLA (cost of living adjustment) & Social Security 45:35 Listener Questions Have specific questions for Tom and the team at Mosley Wealth Management? Book a complimentary visit here 👇 https://mosleywealthmanagement.com/contact/ =========================================== If you enjoy this content, please 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄, 𝐥𝐢𝐤𝐞, 𝐨𝐫 𝐬𝐡𝐚𝐫𝐞! ===========================================  ⭐ 𝐂𝐎𝐍𝐍𝐄𝐂𝐓 𝐖𝐈𝐓𝐇 𝐔𝐒 𝐎𝐍 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀⭐ - Facebook: https://www.facebook.com/mosleyeaseintoretirement - Instagram: https://www.instagram.com/easeintoretirement/ - LinkedIn: https://www.linkedin.com/company/mosley-wealth-management  #inflation #retirementincome #retirementplanning #stockmarket #investing #financialadvisor #SocialSecurity #Financial Literacy #RetirementEducation #FinancialKnowledge #LongTermCare #401KStrategy #Managingretirementonyourown DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (“MWM”). MWM and Mosley Insurance and Financial Services are affiliated companies by common ownership. License # 0K76766 Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions nor should it be construed as advice designed to meet the particular needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government...