• Life Check Part 5

  • Jul 25 2024
  • Duración: 37 m
  • Podcast

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Life Check Part 5

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  • Resumen

  • In this final episode of the Life Check series, Paul and the gang discuss the complexities and importance of retirement planning, emphasizing the concept of "lifestyle income," which involves determining how much income is needed to maintain one's desired lifestyle in retirement. They highlight the challenges clients face in estimating these needs and the importance of planning for potential shortfalls. The conversation also touches on the four freedoms—income, time, choice, and purpose—that retirees seek and how financial planning can help achieve these. Finally, they discuss the significance of benchmarks in measuring financial success and ensuring clients feel secure and confident about their retirement plans.


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