Why Traditional Retirement Advice Fails Pension Holders

Описание: Most people think retirement planning is just about hitting a specific number. A million, two million, whatever that magic number is. But if you have a pension, thinking that way can wreck your retirement.

In this video I explain why retirement isn't about net worth, it's about income. A pension of $4,000 to $5,000 per month is the equivalent of owning well over a million dollars in investments. Yet most people aren't planning around this correctly, which is why they often work longer than they need to or invest in things that won't actually benefit them the most.

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#retirement #taxplanning #pension

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Timestamps:
00:00 – Retirement Planning is Different with a Pension
00:40 – The Real Question You Should Be Asking
01:56 – Net Worth Doesn't Pay the Bills
02:49 – How to Actually Plan
04:15 – What to Watch Out For
05:29 – Cash Flow Over Net Worth

Disclaimer: Because we are not familiar with your individual circumstances, the information provided here should not be considered tax, legal, insurance, or financial advice, and it may be outdated or contain inaccuracies. While this information is drawn from sources considered reliable, we cannot guarantee its accuracy. This material is intended solely for educational purposes. For professional guidance, please consult a qualified CPA, attorney, insurance agent, financial advisor, or other appropriate specialist relevant to your needs. All investments carry risk, including possible loss of principal. The information presented here does not constitute personalized investment advice or a solicitation to buy or sell any security, insurance product, or other investment vehicle.