Five Pillars for Retirement | Financial Armor Ep 88

Описание: Fresh off a national conference with top advisors, Brad Cooper and Tony Shore break down the "Five Pillars of Retirement"—a simple yet powerful framework that covers the most critical areas of retirement planning. In this episode, they explain why tax planning is more urgent than ever before, how to avoid overpaying in investment fees, why income longevity matters for both spouses, and the overlooked dangers of healthcare and estate planning mistakes. Whether you're approaching retirement or already there, this episode will help you make smarter, more informed decisions for your financial future.

Timestamps:
00:00 - Intro and conference highlights
05:59 - The importance of staying educated in financial services
06:29 - Introducing the 5 pillars of retirement planning
07:06 - Pillar 1: Tax Planning
10:52 - Why future tax hikes could be devastating
12:54 - The difference between tax preparation and tax planning
14:02 - Converting pre-tax accounts to tax-free
14:27 - Pillar 2: Investment Planning
15:20 - Managing risk as you near or enter retirement
16:24 - Hidden fees and how to spot them
18:08 - Pillar 3: Income Planning
19:16 - Planning for spousal income continuity
21:01 - Social Security timing and income gap strategies
21:20 - Pillar 4: Healthcare Planning
21:57 - Out-of-pocket healthcare costs in retirement
22:35 - Long-term care and nursing home expenses
23:23 - Planning ahead with innovative strategies
23:56 - Pillar 5: Estate Planning
24:48 - Why every adult needs power of attorney documents
25:43 - The 77% mistake: unfunded trusts
26:48 - Complimentary estate and tax document reviews
27:48 - How Cooper Financial’s holistic team approach helps retirees
29:01 - Final thoughts and how to schedule a no-cost consultation

Need help preparing your finances for retirement Schedule a no-obligation consultation today. Call us at 📞 888-390-5277 or visit our website at 🌐 www.cooperfinancial.com to get started.

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