Most people think retirement planning is all about their investments. But what if focusing only on your portfolio is actually one of the biggest mistakes you can make? In this episode, Tad, Toni, and Tyler uncover the most common retirement pitfalls that trip people up: from outliving your money to unexpected healthcare costs, rising taxes, inflation, and more.
You’ll hear why even a well-balanced investment portfolio can fall short without a plan for income, healthcare, and tax efficiency. The team explains their 5-part retirement planning process and why asking “What should I invest in?” is the wrong place to start. Instead, you’ll learn how to think through what you really want retirement to look like, and how to build a plan that actually supports that vision.
Here’s what we discuss in today’s show:
⚠️ Retirement pitfalls that even smart investors miss
🧾 Why a portfolio isn’t a plan
🏥 The surprising costs of healthcare and long-term care
💸 How taxes and inflation quietly eat away at your income
📊 Why “more money” isn’t always the right answer
Key Takeaway
"There's just so many things you've got to plan for that are not your investment portfolio."
Resources:
✨ We can assist you on your journey to financial freedom: https://www.askfreedomfinancial.com/
📞 Phone: 205.988.0006
📅 Schedule a Discovery Call: https://askfreedomfinancial.com/contact/?utm_source=Hero
🎓Attend a Course: https://askfreedomfinancial.com/attend-an-event/?utm_source=Hero
🎥Watch the Podcast on YouTube: https://www.youtube.com/playlist?list=PLEcHKcOSu6_m7cG9adV8xHTXLtH5g9M9t
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