June 11, 2026 • 16 mins
Retirement confidence is at its lowest level since 2017, and the twist is that many people are doing “fine” on paper. So why are folks hesitant to stop working? I walk through what I see after helping hundreds of retirees: Confidence is not built by a bigger portfolio. It is built by a clear plan you can follow when inflation spikes, the market drops, or health care costs surprise you.
We start with the data behind the 2026 Retirement Confidence Survey and the real drivers of anxiety: Inflation, rising medical costs, Social Security and Medicare uncertainty, market volatility, and the fear of outliving your money. Then I break down the five building blocks of retirement confidence: Reliable income, cash reserves (including the five-year “war chest” to manage sequence of returns risk), a retirement tax strategy that considers RMDs, Social Security taxation, and IRMAA, thoughtful health care and long-term care planning, and most importantly a written retirement plan that ties it all together.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
Listen
Watch
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
SPEAKER_00 (00:03):
Retirement confidence just dropped to its
lowest level since 2017.
And that may surprise you, thestock market has done well over
the long term.
Many people have largerretirement nest eggs and
accounts than ever before, andyet more Americans are worried
about retirement than they havebeen in nearly a decade.
(00:23):
According to a recent survey,only 64% of Americans say they
feel confident they have enoughmoney to live comfortably
throughout retirement, asfinancial strain, rising cost,
and growing concern about thefuture of Social Security and
Medicare continue to weigh onworkers and retirees.
(00:44):
According to the 2026 RetirementConfidence Survey conducted by
the Employee Benefit ResearchInstitute.
But there's something even moreimportant here.
After working with hundreds ofretirees, I've seen that
confidence in retirement hasvery little to do actually with
how much money you have, andeverything to do with whether
(01:07):
you have a proper plan on paper.
In this video, I'll show you whyretirement confidence is
falling, and more importantly,the specific steps you can take
to feel more secure about yourfuture.
I'm Jonathan Bedner, certifiedfinancial planner, co-owner of
Paradigm Wealth Partners here inKnoxville, Tennessee, and we
help successful professionals,business owners, and retirees
(01:30):
make smart decisions so they canretire with clarity and
confidence.
If you're within 10 years ofretirement or already retired,
and you want to make betterdecisions about Social Security,
taxes, investing, and incomeplanning, you're in the right
place.
So let's talk a little bit moreabout this survey.
(01:50):
This Employee Benefit ResearchInstitute put out this survey,
recently released it.
This is the 2026 survey thatthey conducted.
And the headline was simpleretirement confidence is at the
lowest it's been since 2017.
Workers and retirees alike areincreasingly concerned about
(02:11):
inflation, the rising healthcarecosts, Social Security
uncertainty, market volatility,and outliving their money.
And this makes perfect sense.
Even if your portfolio lookshealthy, there's a big
difference between having enoughmoney and knowing how to use
that money to create a secureretirement.
(02:32):
Many people believe once I hit acertain number, I'll finally
feel comfortable retiring.
In fact, a lot of times youhear, what's your retirement
number?
You know, what number do youneed to hit to feel good?
And maybe that number is amillion or two million or five
million.
But here's what surprises manypeople.
(02:54):
I've actually met many peoplewith with three, five, seven
million dollars who are deeplyanxious about retirement.
And I've met people with muchless who feel completely
comfortable and at peace.
Why do you ask that?
Because confidence doesn't comefrom the size of your portfolio.
(03:15):
Confidence comes fromunderstanding where your income
will come from, how you cansafely spend it, how much you
can safely spend, how how taxeswill impact your retirement and
your plan, what happens if themarket declines, and how to
handle health care and risinghealth care and long-term care
(03:35):
cost.
When those questions areanswered, fear tends to fade.
So let's walk through kind ofthe five building blocks of
retirement confidence.
The first is reliable income.
During your working years, yourpaycheck created stability.
(03:56):
You knew exactly when the moneywas coming in, usually twice a
month.
You had a great idea of how muchit was going to be, assuming you
weren't on commission.
And even if it wascommission-based, you had an
idea of your sales and what wasin the pipeline to know what
that paycheck was going to be.
Your confidence increasesdramatically when you know
(04:18):
exactly how your income will begenerated.
That may be uh may includeSocial Security, maybe it's
pension income, maybe it'srental income, potentially could
be interest and dividends, ormaybe it's just withdrawals that
are coming from your portfolio.
In some cases, annuity income.
The goal here is simple (04:35):
replace uncertainty with reliability and
repeatable income, having thatplan on paper on purpose so that
you know exactly what yourmonthly income is and what
expenses it's going to cover.
This is a way to have moreconfidence and less stress.
(04:58):
Number two, cash reserves, or asI like to call it at Paradigm
Wealth Partners in our firm,your war chest.
This is one of the biggest fearsretirees have is needing to sell
investments during a marketdownturn.
It's called sequence of returnsrisk.
That's when we recommend that wehave a five-year bucket, a
five-year war chest.
(05:19):
This strategy lets you set asideapproximately five years of your
portfolio withdrawals in aconservative investment, such as
cash or CDs, treasuries, a bondladder, those sort of tools,
conservative investments.
And the purpose is to providespending money during market
(05:40):
decline so that you can avoidselling stocks when they've gone
down in value.
When markets fall, you know yournear-term income needs are fully
covered.
Number three, a tax strategy.
Many retirees underestimate howtaxes play into their current
plan, but also how those taxescan erode their nest egg over
(06:01):
time.
A lot of times what we'relooking at when we're doing
financial plans for our clientsis what is your lifetime taxable
liability, your lifetime taxliability?
How much are you going to pay intaxes over the remaining
lifetime you have?
And so without planning, yourretirement income may be taxed
through RMDs or Social Securitytaxation, Medicare and IRMA
(06:25):
surcharges, not a direct tax,but a cost for Medicare there,
capital gains taxes.
When we look at these, creatingthese, uh doing some tax
analysis and looking at yourplan, your strategy through a
tax lens helps us create somestrategic tax planning.
So maybe that's through Rothconversions or asset location
(06:48):
decisions.
Asset location and assetallocation are two totally
different things.
Coordinating your withdrawalsfrom different account types or
timing income to stay in a lowertax bracket.
Ideally, paying less in taxescan significantly improve your
cash flow and your confidence inretirement.
Number four, your health careand your long-term care
(07:09):
planning.
Healthcare costs are one of thebiggest unknown expenses in
retirement.
And many people ask, what willMedicare cover?
What about supplementalinsurance?
Which which plan should I get?
How do we prepare for long-termcare?
You don't necessarily need toinsure every possible risk.
In fact, you can over-insure ifyou do that.
(07:31):
You do need to have a thoughtfulstrategy on how you're going to
cover some of these expenses.
So maybe that's a dedicatedsavings bucket for some unuh
unexpected expenses.
Maybe we have some long-termcare insurance to cover
long-term care should you needit in your later years.
(07:52):
Maybe that's a home equity lineof credit so that there's money
to tap.
Or maybe it's just we're goingto have family support, we're
going to move in with one of ourkids and they're going to help
support us.
All of these are viable options.
They're things that you need tomake sure you think through as
you build out your financialplan.
And when you have a plan, thatuncertainty becomes more
(08:13):
manageable and you have uh lessanxiety about your retirement
and your life.
And then number five, a writtenretirement plan.
You need to have a plan on paperon purpose.
And this is where everythingcomes together.
And the written plan will helpanswer the questions that keep
people up at night.
Am I on track to retire?
How much can I spend?
(08:35):
How do I turn my nest egg into apaycheck?
When should I claim SocialSecurity?
What if the market drops?
What happens if one of myspouses, not one of my spouses,
I guess you don't have multiplespouses.
What happens if uh your spousedies prematurely?
There's an unexpected death.
So without a written plan, yourretirement can feel like driving
(08:58):
across country without a map.
The plan, the strategy, havingthat written plan is so that you
know exactly what we're going todo, why we're going to do it.
And if something comes upunexpected, we've already got,
you know, the next route, thepivot that we're going to take,
so that your plan is not setback and we don't have a
(09:19):
catastrophic collapse.
Having a plan is key to having asuccessful and confident.
Let's walk through uh a reallife example.
Uh, a couple came to us about ayear ago, um, and they were
early 60s.
They had about two and a halfmillion dollars saved, they had
(09:40):
no debt, they had healthysavings habits.
Uh, everything looked really,really good on paper.
They were in excellent shape.
Um, they were afraid to retire.
And uh a lot of that was concernabout what if the market crashes
right after we stop working.
And we talk a lot about this onthis channel, the sequence of
returns risk and and having awar chest.
(10:02):
And so when we built thatcomprehensive retirement income
plan and they had a strategy, wewere able to show them how much
you could safely spend, when toclaim your social security,
tax-efficient ways to withdrawyour income out of your
portfolio, out of your nest egg,and creating that five-year war
(10:22):
chest for your market downturns.
At the end of the process, youknow, they there was relief.
Um, the wife really feltconfident in the strategy.
And actually, she said to me, Idon't really uh have anxiety
around having enough money now.
Um, what I feel is uh a weightis lifted off my shoulders
(10:45):
because we actually know how tohow we turn our investments into
income.
We can have that repeatablemonthly income just like we're
working.
And so what we did was we wentfrom no plan and no strategy at
all to having having kind ofthese core answers for them that
provided them the confidence toknow, okay, we're gonna be okay
(11:07):
in retirement.
Retirement is not just afinancial transaction or
transition, it's actually anemotional one.
And it for decades, youridentity may be tied to your
career.
A lot of times, actually, whenyou meet somebody, you're
talking to somebody, youidentify yourself as you know
what you do.
So a lot of times when I'mtalking to somebody, I say I'm
(11:29):
Jonathan Bedner, I'm a financialplanner, or I own Paradigm
Wealth Partners.
And you know, we tie ourselvesto the identity of our career.
So that is not uncommon.
And your your paycheck in thatcareer created the certainty.
Retirement requires trust, trustin your plan, your savings, your
(11:49):
ability to adapt.
And that's why purpose matters.
The happiest retirees that I seehave purpose, they have strong
relationships, they'remeaningful activities, they're
involved in, you know, theirguitar club or mentoring or
playing pickleball, stayingactive, reading, crocheting.
They're doing meaningful thingsthat provides happiness for
(12:11):
them.
Uh they have good health habits.
They're going to the gym,they're eating healthy, they're
walking, they're being activeand mobile.
Um, they also have a sense ofpurpose.
Maybe that's with their churchor philanthropy or volunteering
time.
All of those are really, reallyimportant and are probably as
valuable to a successful andconfident retirement as just
(12:32):
making sure you have enoughmoney.
Money is a tool, but confidencecomes from knowing that your
financial life supports the lifeyou want to live.
In fact, I trademarked a phrase,create the life you love.
My goal when we're working withretirees, uh, business owners,
professionals, is that you know,money is just a tool and time is
(12:55):
our biggest asset.
So, what we want to do is letmoney support that life.
And that's why I created thattagline: create the life you
love.
It's not gonna just come to you.
You have to build it, you haveto create it, you have to
envision it.
That's on you to think throughhow do you do that.
So, how do we increase yourretirement confidence today?
(13:18):
If you're feeling uncertain,here are five practical steps
for you.
Number one, calculate yourretirement spending need.
Know what your lifestyleactually costs.
Number two, build a retirementreliable income strategy.
Map out where your income willcome from.
Number three, stress test yourplan.
(13:40):
Evaluate your plan, how itperforms during inflation and
recessions, volatile times, iflongevity uh scenarios, if
you're gonna live longer thanyou than you think you will.
All of those things need to bestress test in your plan.
Number four, develop a taxstrategy.
Look at your tax return, analyzeyour tax return, and look for
(14:02):
opportunities to reduce yourlifetime tax income or your
lifetime tax liability, is whatI should say.
And number five, put everythingin writing.
Have a documented plan thatcreates clarity, that you have
actionable steps that that youcan uh go back and look at and
(14:22):
use as guidance so that you'renot making emotional, hasty
decisions with your retirement,with your income.
So, in closing, if yourretirement is you're not as
confident in your retirement asyou'd like to be, um, you're
you're not alone.
Uh the good news though isconfidence doesn't require the
perfect market, it doesn'trequire, you know, the perfect
(14:45):
Social Security plan, it doesn'trequire the perfect uh specific
account balance.
What it does require is athoughtful plan.
If you'd like help determiningwhether you're truly ready for
retirement, you can visit ourwebsite at
paradigmwealthpartners.com oryou can schedule some time on my
calendar using the link in thisvideo description.
(15:06):
We specialize in helpingsuccessful professionals and
retirees build personalizedretirement income strategies so
that they can have thatconfident retirement.
Thanks for joining me on anotherepisode of What The Wealth.
If you enjoyed the episodetoday, smash that subscribe
button.
It helps me more than you think.
Also, if you found this episodeinsightful and a light bulb went
(15:30):
off, share it.
Your friend Aunt Judy, therandom guy in the office who's
always talking aboutinvestments.
Wealth isn't about just thechick change.
It's about our choices, chances,and changing our financial
futures.
The information in this podcastis informational and general in
nature and does not take intoconsideration the listener's
personal circumstances.
This podcast is not intended tobe a substitute for specific in
(15:54):
financial, legal, or tax advice.
You should consult the approvedqualified professional prior to
making a final decision.
Securities offered through LPLFinancial, member FINRA SIPC.
Paradigm Wealth Partners is theother business name for
Independent Advisor Alliance.
Investment Advice offeredthrough Independent Advisor
Alliance, a registeredinvestment advisor.
Independent advisor alliance,and Paradigm Wealth Partners are
(16:15):
separate entities for LPLFinancial.
Retirement confidence just dropped to its
lowest level since 2017.
And that may surprise you, thestock market has done well over
the long term.
Many people have largerretirement nest eggs and
accounts than ever before, andyet more Americans are worried
about retirement than they havebeen in nearly a decade.
(00:23):
According to a recent survey,only 64% of Americans say they
feel confident they have enoughmoney to live comfortably
throughout retirement, asfinancial strain, rising cost,
and growing concern about thefuture of Social Security and
Medicare continue to weigh onworkers and retirees.
(00:44):
According to the 2026 RetirementConfidence Survey conducted by
the Employee Benefit ResearchInstitute.
But there's something even moreimportant here.
After working with hundreds ofretirees, I've seen that
confidence in retirement hasvery little to do actually with
how much money you have, andeverything to do with whether
(01:07):
you have a proper plan on paper.
In this video, I'll show you whyretirement confidence is
falling, and more importantly,the specific steps you can take
to feel more secure about yourfuture.
I'm Jonathan Bedner, certifiedfinancial planner, co-owner of
Paradigm Wealth Partners here inKnoxville, Tennessee, and we
help successful professionals,business owners, and retirees
(01:30):
make smart decisions so they canretire with clarity and
confidence.
If you're within 10 years ofretirement or already retired,
and you want to make betterdecisions about Social Security,
taxes, investing, and incomeplanning, you're in the right
place.
So let's talk a little bit moreabout this survey.
(01:50):
This Employee Benefit ResearchInstitute put out this survey,
recently released it.
This is the 2026 survey thatthey conducted.
And the headline was simpleretirement confidence is at the
lowest it's been since 2017.
Workers and retirees alike areincreasingly concerned about
(02:11):
inflation, the rising healthcarecosts, Social Security
uncertainty, market volatility,and outliving their money.
And this makes perfect sense.
Even if your portfolio lookshealthy, there's a big
difference between having enoughmoney and knowing how to use
that money to create a secureretirement.
(02:32):
Many people believe once I hit acertain number, I'll finally
feel comfortable retiring.
In fact, a lot of times youhear, what's your retirement
number?
You know, what number do youneed to hit to feel good?
And maybe that number is amillion or two million or five
million.
But here's what surprises manypeople.
(02:54):
I've actually met many peoplewith with three, five, seven
million dollars who are deeplyanxious about retirement.
And I've met people with muchless who feel completely
comfortable and at peace.
Why do you ask that?
Because confidence doesn't comefrom the size of your portfolio.
(03:15):
Confidence comes fromunderstanding where your income
will come from, how you cansafely spend it, how much you
can safely spend, how how taxeswill impact your retirement and
your plan, what happens if themarket declines, and how to
handle health care and risinghealth care and long-term care
(03:35):
cost.
When those questions areanswered, fear tends to fade.
So let's walk through kind ofthe five building blocks of
retirement confidence.
The first is reliable income.
During your working years, yourpaycheck created stability.
(03:56):
You knew exactly when the moneywas coming in, usually twice a
month.
You had a great idea of how muchit was going to be, assuming you
weren't on commission.
And even if it wascommission-based, you had an
idea of your sales and what wasin the pipeline to know what
that paycheck was going to be.
Your confidence increasesdramatically when you know
(04:18):
exactly how your income will begenerated.
That may be uh may includeSocial Security, maybe it's
pension income, maybe it'srental income, potentially could
be interest and dividends, ormaybe it's just withdrawals that
are coming from your portfolio.
In some cases, annuity income.
The goal here is simple (04:35):
replace uncertainty with reliability and
repeatable income, having thatplan on paper on purpose so that
you know exactly what yourmonthly income is and what
expenses it's going to cover.
This is a way to have moreconfidence and less stress.
(04:58):
Number two, cash reserves, or asI like to call it at Paradigm
Wealth Partners in our firm,your war chest.
This is one of the biggest fearsretirees have is needing to sell
investments during a marketdownturn.
It's called sequence of returnsrisk.
That's when we recommend that wehave a five-year bucket, a
five-year war chest.
(05:19):
This strategy lets you set asideapproximately five years of your
portfolio withdrawals in aconservative investment, such as
cash or CDs, treasuries, a bondladder, those sort of tools,
conservative investments.
And the purpose is to providespending money during market
(05:40):
decline so that you can avoidselling stocks when they've gone
down in value.
When markets fall, you know yournear-term income needs are fully
covered.
Number three, a tax strategy.
Many retirees underestimate howtaxes play into their current
plan, but also how those taxescan erode their nest egg over
(06:01):
time.
A lot of times what we'relooking at when we're doing
financial plans for our clientsis what is your lifetime taxable
liability, your lifetime taxliability?
How much are you going to pay intaxes over the remaining
lifetime you have?
And so without planning, yourretirement income may be taxed
through RMDs or Social Securitytaxation, Medicare and IRMA
(06:25):
surcharges, not a direct tax,but a cost for Medicare there,
capital gains taxes.
When we look at these, creatingthese, uh doing some tax
analysis and looking at yourplan, your strategy through a
tax lens helps us create somestrategic tax planning.
So maybe that's through Rothconversions or asset location
(06:48):
decisions.
Asset location and assetallocation are two totally
different things.
Coordinating your withdrawalsfrom different account types or
timing income to stay in a lowertax bracket.
Ideally, paying less in taxescan significantly improve your
cash flow and your confidence inretirement.
Number four, your health careand your long-term care
(07:09):
planning.
Healthcare costs are one of thebiggest unknown expenses in
retirement.
And many people ask, what willMedicare cover?
What about supplementalinsurance?
Which which plan should I get?
How do we prepare for long-termcare?
You don't necessarily need toinsure every possible risk.
In fact, you can over-insure ifyou do that.
(07:31):
You do need to have a thoughtfulstrategy on how you're going to
cover some of these expenses.
So maybe that's a dedicatedsavings bucket for some unuh
unexpected expenses.
Maybe we have some long-termcare insurance to cover
long-term care should you needit in your later years.
(07:52):
Maybe that's a home equity lineof credit so that there's money
to tap.
Or maybe it's just we're goingto have family support, we're
going to move in with one of ourkids and they're going to help
support us.
All of these are viable options.
They're things that you need tomake sure you think through as
you build out your financialplan.
And when you have a plan, thatuncertainty becomes more
(08:13):
manageable and you have uh lessanxiety about your retirement
and your life.
And then number five, a writtenretirement plan.
You need to have a plan on paperon purpose.
And this is where everythingcomes together.
And the written plan will helpanswer the questions that keep
people up at night.
Am I on track to retire?
How much can I spend?
(08:35):
How do I turn my nest egg into apaycheck?
When should I claim SocialSecurity?
What if the market drops?
What happens if one of myspouses, not one of my spouses,
I guess you don't have multiplespouses.
What happens if uh your spousedies prematurely?
There's an unexpected death.
So without a written plan, yourretirement can feel like driving
(08:58):
across country without a map.
The plan, the strategy, havingthat written plan is so that you
know exactly what we're going todo, why we're going to do it.
And if something comes upunexpected, we've already got,
you know, the next route, thepivot that we're going to take,
so that your plan is not setback and we don't have a
(09:19):
catastrophic collapse.
Having a plan is key to having asuccessful and confident.
Let's walk through uh a reallife example.
Uh, a couple came to us about ayear ago, um, and they were
early 60s.
They had about two and a halfmillion dollars saved, they had
(09:40):
no debt, they had healthysavings habits.
Uh, everything looked really,really good on paper.
They were in excellent shape.
Um, they were afraid to retire.
And uh a lot of that was concernabout what if the market crashes
right after we stop working.
And we talk a lot about this onthis channel, the sequence of
returns risk and and having awar chest.
(10:02):
And so when we built thatcomprehensive retirement income
plan and they had a strategy, wewere able to show them how much
you could safely spend, when toclaim your social security,
tax-efficient ways to withdrawyour income out of your
portfolio, out of your nest egg,and creating that five-year war
(10:22):
chest for your market downturns.
At the end of the process, youknow, they there was relief.
Um, the wife really feltconfident in the strategy.
And actually, she said to me, Idon't really uh have anxiety
around having enough money now.
Um, what I feel is uh a weightis lifted off my shoulders
(10:45):
because we actually know how tohow we turn our investments into
income.
We can have that repeatablemonthly income just like we're
working.
And so what we did was we wentfrom no plan and no strategy at
all to having having kind ofthese core answers for them that
provided them the confidence toknow, okay, we're gonna be okay
(11:07):
in retirement.
Retirement is not just afinancial transaction or
transition, it's actually anemotional one.
And it for decades, youridentity may be tied to your
career.
A lot of times, actually, whenyou meet somebody, you're
talking to somebody, youidentify yourself as you know
what you do.
So a lot of times when I'mtalking to somebody, I say I'm
(11:29):
Jonathan Bedner, I'm a financialplanner, or I own Paradigm
Wealth Partners.
And you know, we tie ourselvesto the identity of our career.
So that is not uncommon.
And your your paycheck in thatcareer created the certainty.
Retirement requires trust, trustin your plan, your savings, your
(11:49):
ability to adapt.
And that's why purpose matters.
The happiest retirees that I seehave purpose, they have strong
relationships, they'remeaningful activities, they're
involved in, you know, theirguitar club or mentoring or
playing pickleball, stayingactive, reading, crocheting.
They're doing meaningful thingsthat provides happiness for
(12:11):
them.
Uh they have good health habits.
They're going to the gym,they're eating healthy, they're
walking, they're being activeand mobile.
Um, they also have a sense ofpurpose.
Maybe that's with their churchor philanthropy or volunteering
time.
All of those are really, reallyimportant and are probably as
valuable to a successful andconfident retirement as just
(12:32):
making sure you have enoughmoney.
Money is a tool, but confidencecomes from knowing that your
financial life supports the lifeyou want to live.
In fact, I trademarked a phrase,create the life you love.
My goal when we're working withretirees, uh, business owners,
professionals, is that you know,money is just a tool and time is
(12:55):
our biggest asset.
So, what we want to do is letmoney support that life.
And that's why I created thattagline: create the life you
love.
It's not gonna just come to you.
You have to build it, you haveto create it, you have to
envision it.
That's on you to think throughhow do you do that.
So, how do we increase yourretirement confidence today?
(13:18):
If you're feeling uncertain,here are five practical steps
for you.
Number one, calculate yourretirement spending need.
Know what your lifestyleactually costs.
Number two, build a retirementreliable income strategy.
Map out where your income willcome from.
Number three, stress test yourplan.
(13:40):
Evaluate your plan, how itperforms during inflation and
recessions, volatile times, iflongevity uh scenarios, if
you're gonna live longer thanyou than you think you will.
All of those things need to bestress test in your plan.
Number four, develop a taxstrategy.
Look at your tax return, analyzeyour tax return, and look for
(14:02):
opportunities to reduce yourlifetime tax income or your
lifetime tax liability, is whatI should say.
And number five, put everythingin writing.
Have a documented plan thatcreates clarity, that you have
actionable steps that that youcan uh go back and look at and
(14:22):
use as guidance so that you'renot making emotional, hasty
decisions with your retirement,with your income.
So, in closing, if yourretirement is you're not as
confident in your retirement asyou'd like to be, um, you're
you're not alone.
Uh the good news though isconfidence doesn't require the
perfect market, it doesn'trequire, you know, the perfect
(14:45):
Social Security plan, it doesn'trequire the perfect uh specific
account balance.
What it does require is athoughtful plan.
If you'd like help determiningwhether you're truly ready for
retirement, you can visit ourwebsite at
paradigmwealthpartners.com oryou can schedule some time on my
calendar using the link in thisvideo description.
(15:06):
We specialize in helpingsuccessful professionals and
retirees build personalizedretirement income strategies so
that they can have thatconfident retirement.
Thanks for joining me on anotherepisode of What The Wealth.
If you enjoyed the episodetoday, smash that subscribe
button.
It helps me more than you think.
Also, if you found this episodeinsightful and a light bulb went
(15:30):
off, share it.
Your friend Aunt Judy, therandom guy in the office who's
always talking aboutinvestments.
Wealth isn't about just thechick change.
It's about our choices, chances,and changing our financial
futures.
The information in this podcastis informational and general in
nature and does not take intoconsideration the listener's
personal circumstances.
This podcast is not intended tobe a substitute for specific in
(15:54):
financial, legal, or tax advice.
You should consult the approvedqualified professional prior to
making a final decision.
Securities offered through LPLFinancial, member FINRA SIPC.
Paradigm Wealth Partners is theother business name for
Independent Advisor Alliance.
Investment Advice offeredthrough Independent Advisor
Alliance, a registeredinvestment advisor.
Independent advisor alliance,and Paradigm Wealth Partners are
(16:15):
separate entities for LPLFinancial.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.