Don’t Make These Income Planning Mistakes

Candid Conversations: Retirement Talk with Ryan Cravitz

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Are you planning for your retirement with the confidence that you're making all the right moves? With so many moving pieces in retirement, it takes detailed planning to cover all your bases, but it begins with building an income plan.

In today's episode, we'll unveil the crucial income planning mistakes that could jeopardize your retirement and show you how to craft a financial plan that's built to last decades, not just years. Tune in to ensure your retirement strategy is foolproof against common pitfalls and ready to secure your financial future.

Here’s what we discuss in this episode:

• Don’t plan to be retired for years. Instead, plan to be retired for decades.
• Why starting Social Security too early before you understand your options could cost you.
• As you build your income plan, one expense that is easy to overlook is healthcare costs.
• Why you need to factor inflation into your plan because your budget won’t be the same in 20 years.
• Creating lifetime income streams other than Social Security.
• Is now a time to consider moving money into an annuity?

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If you have any questions, you can contact us online here: https://cravitzfinancial.com/
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Call: 714-462-9155
Investment Advisory Services offered through Brookstone Capital Management, LLC (BCM) a Registered Investment Advisor. Cravitz Financial & Insurance Solutions are independent of each other. Information provided is not intended as tax or legal advice and should not be relied on as such. You are encouraged to seek tax or legal advice from an independent professional. Ryan Cravitz and Cravitz Financial & Insurance Solutions are not affiliated with or endorsed by the Social Security administration or any other government agency.