Retire-in-Mint Condition Part 2: The Cost of Retirement + When You Can Retire

Описание: Retirement isn’t just about reaching a certain age — it’s about having the means and the plan to retire with confidence.

In Part 2 of our Retire-In-Mint Condition series on Your Bread & Butter™, we break down the true cost of retirement, what expenses may decrease, what tends to increase, and how to think through the big question:

👉 “When can I retire?”

We also walk through the major retirement milestones (59½, 62, 65, 66–67), and how to build a smart retirement income strategy using both fixed and flexible income sources—while staying as tax efficient as possible.

🎧 In this episode, we cover:

✅ What may get cheaper in retirement (debt payments, commuting, taxes, clothing)
✅ What may get more expensive (healthcare, Medicare, out-of-pocket costs, home repairs, inflation)
✅ Retirement milestones by age:
• 59½ – Qualified retirement account distributions
• 62 – Social Security eligibility
• 65 – Medicare
• 66–67 – Full Social Security
✅ The FIRE movement (Financial Independence, Retire Early)
✅ How to generate retirement income:
• Fixed sources: Social Security, pensions, annuities
• Flexible sources: 401(k)s, IRAs, Roth accounts, brokerage accounts, cash
✅ Staying tax efficient: knowing what income to pull—and when

Summary
✔ Have the resources (no do-overs)
✔ Have a vision
✔ Create a plan

🌐 Learn more: www.privatefinancialdesign.com
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