According to a 2024 Gallup poll, 74% of retired Americans have enough money to live comfortably- and no, you don’t need to be a millionaire to get there. But there are some mistakes you can actively avoid to steer your financial future in the right direction. In today’s conversation, Charles and Marc will cover 6 retirement blunders that successful American millionaires tend to avoid.
Here’s some of what we discuss in this episode:
0:00 – Intro
1:35 – Investing too conservatively in retirement
4:13 – Forgetting about healthcare costs
9:38 – Spending too much on housing
12:41– Sinking too much money into a car
15:17 – Funding grown children’s lifestyles
17:49 – Mismanaging RMDs
19:32 – Listener question
Click HERE to check out the article that inspired today's show
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
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