Are There Universal Retirement Truths? (PART 1)

Retire Ready with Kyle Hammerschmidt

Retirement is a unique journey for each of us. The thought that there's a one-size-fits-all solution is a myth, but what if we told you there are certain universal truths that can guide every retiree?

Dive deep in this episode, where we juxtapose the individuality of retirement plans with the foundational principles that remain consistent across the board. We’ve broken it down into a list of 10 truths and we’ll tackle the first five in part one today.
Here are the truths we’ll discuss in this episode:

• Everyone needs an income plan to ensure that they have enough money coming in each month to cover their lifestyle.
• Everyone needs a plan to address long term care issues.
• Nobody can consistently time the stock market and have success.
• Nobody knows how long they’re going to live so we need to plan for a long retirement.
• Money sitting in cash isn’t keeping up with inflation so what other options do you have?

We hope you enjoy the show!
Helpful Info:

Kyle's website: http://www.mokanwealth.com/

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Disclosure: You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. This podcast is intended for educational purposes only. Nothing in this podcast constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. MOKAN Wealth Management is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.