3 Essential Questions to Determine Your Retirement Readiness

In this episode, financial advisors and retirement planning experts Jim Martin and Casey Bibb from Martin Wealth Solutions discuss the key elements of determining retirement readiness. They highlight the importance of answering three critical questions: Do you know where your retirement paycheck is coming from? Can you handle a market downturn without losing sleep? Do you have a written financial plan? The hosts share practical advice and insights into creating a sustainable retirement plan, including the significance of income planning, stress-testing your portfolio, and the value of having a written plan to navigate healthcare, taxes, and long-term care costs. They also discuss the emotional and social aspects of retirement, such as maintaining life satisfaction through social meals. http://retirewithmartin.com/ <- Learn about working with us

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00:00 Introduction to Retirement Readiness 01:10 Meet Your Hosts: Jim and Casey 01:44 The Importance of Social Connections 03:56 Question 1: Knowing Your Retirement Paycheck 05:57 Question 2: Handling Market Downturns 09:47 Question 3: Having a Written Plan 14:13 The Role of a Financial Advisor 17:20 Conclusion and Final Thoughts

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