Ep 86: Don’t Fumble in the Retirement Red Zone

We are talking about finances and football today! Like a quarterback protects the ball, you need to protect your finances, especially as you enter the retirement red zone. What is the retirement red zone? It's the 10 years before you retire and the 10 years after.

You need to really focus during this time and nail down the details of your plan. Make sure your game plan is in place. Time is no longer on your side, you need to avoid big mistakes and think about the long-term. We’ll discuss this crucial time period, the common mistakes people make in the red zone, and how having a plan will help you.

 

Get additional financial information: https://principalpreservationservices.com/ep-86-dont-fumble-in-the-retirement-red-zone/ 

 

What we discuss:

0:31 – Finance and football

2:29 – New YouTube channel!

4:25 – What is the retirement red zone?

4:59 – Why is this a crucial time period?

7:13 – Common mistakes that people make

9:59 – Are people more emotional?

11:25 – Why is planning easier in the retirement red zone?

15:27 – Mailbag: “Am I stuck in my job or is there a way I can retire early?”

17:28 – Mailbag: “I have $150,000 in the bank is that bad?”