Are you in good financial health? On today's episode, we'll discuss 5 signs you are in shape when it comes to your finances. Are you spending less than you make? If not, it’s probably time to take another look at your budget. This is especially important in retirement when you’re no longer getting a paycheck.
When it comes to taxes are you aware of what you'll be paying and when? Other signs you are in good financial health include being on the same page with your spouse and having a retirement income plan. If you can answer yes to these 5 signs, you are probably financially healthy!
Get additional financial information: https://principalpreservationservices.com/ep-84-5-signs-you-are-in-good-financial-health/
What we discuss:
2:08 – Are you spending less than you make?
3:41 – Do you understand future tax consequences?
6:29 – Do both you and your spouse know enough?
8:11 – Do you have a retirement income plan?
9:04 – Do you worry about your financial future?
12:24 – Any other bonus signs to look out for?
13:45 – Mailbag: “Where do we start with new investments?”
15:28 – Mailbag: “How can we plan for retirement with separate accounts?”
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