RetirementRenegade

RRR002 - What is the Biggest Retirement Mistake People Make? Hello and welcome, I’m the first Retirement Renegade – Winn – and your host of this podcast and the Retirement Renegade Blog at https://retirementrenegadeblog.substack.com or https://bit.ly/retirerblog. Welcome to the blog dedicated to helping you build your retirement portfolio so you can live out your golden years on your own terms. Let’s get started. Key Takeaways 1 – Folks don’t start early to save enough for retirement. 2 – Don’t miss out on the magic of compound interest. 3 – How to Catch Up Saving today! The biggest retirement mistake ever is not starting to save early. Life passes swiftly by from the early school years through college, perhaps marriage, and your own kids, while building your career. One of retirees' most often cited regrets is not saving more and saving longer. And there is another factor at work here – the time when folks do retire vs when they expect to retire varies greatly, and according to recent surveys, that time is actually quicker than anticipated! Therefore, those saving for retirement may actually have less time than they think to prepare for a life without a steady income. Yikes! Six consequences to starting late saving for retirement are discussed below, but the good news is there are some ways to play catch up to minimize the damage. 6 Consequences of Not Saving Early Enough for Retirement Security The dynamic of time and money is one of the constants of life. The same is true for building your retirement security... == I'm so excited to produce a weekly podcast that helps loyal listeners to learn how to achieve their #retirementdreams. Join my "Retirement Renegade Pulse" weekly newsletter for 5 must-read retirement news items and relevant updates: https://www.retirementrenegadeblog.com/pulse -- ⚡Follow Retirement Renegade Radio and Blog:⚡ Subscribe to the Blog: https://retirementrenegadeblog.substack.com Facebook: https://www.facebook.com/genxeretire/ Instagram: https://www.instagram.com/retirementrenegadeblog1/ X (formerly Twitter): https://twitter.com/RetirementRene1 YouTube: https://www.youtube.com/@retirementrenegadeblog

Key Takeaways 1 – Understand news and views from a global perspective to build your retirement security. 2 – Get 5 Weekly Headlines affecting your retirement in your inbox (bit.ly/rrpulse) 3 – Reject the “conventional wisdom” of a US-based retirement. Start a new life abroad. Hello and welcome, I’m the first Retirement Renegade – Winn – and your host of this podcast and the Retirement Renegade Blog https://retirementrenegadeblog.substack.com or https://bit.ly/retirerblog. Welcome to the Blog dedicated to helping you build your retirement security for the tranquil golden years you deserve to enjoy. Let’s get started. 72% of Americans nearing retirement won’t have enough to maintain their living standards if they retire at 65 – Barron’s, Nov 29, 2021 Let me help you – through information and insights - achieve retirement security == I'm so excited to produce a weekly podcast that helps loyal listeners to learn how to achieve their #retirementdreams. Join my "Retirement Renegade Pulse" weekly newsletter for 5 must-read retirement news items and relevant updates: https://www.retirementrenegadeblog.com/pulse -- ⚡Follow Retirement Renegade Radio and Blog:⚡ Subscribe to the Blog: https://retirementrenegadeblog.substack.com Facebook: https://www.facebook.com/genxeretire/ Instagram: https://www.instagram.com/retirementrenegadeblog1/ X (formerly Twitter): https://twitter.com/RetirementRene1 YouTube: https://www.youtube.com/@retirementrenegadeblog

Hello and welcome, I’m the first Retirement Renegade – Winn – and your host of this podcast and the Retirement Renegade Blog at https://retirementrenegadeblog.substack.com or https://bit.ly/retirerblog. Welcome to the blog dedicated to helping you build your retirement portfolio so you can live out your golden years on your own terms. Let’s get started. 3 Takeaways 1 – Pay off debts – Increase Your Solvency. 2 – Consider Dividend Stocks. 3 – Boost Your Emergency Fund! It is never too late to save for your retirement security. Even $25 in a savings account is something set aside on a regular basis. The necessity of jumpstarting your retirement savings is underscored by many Americans underestimating their longevity in their “golden years.” Longer time alive – great! But you’ll need even more money than you imagine, too. Folks are late savers for many reasons. Life happens. But if you stare into the future and see dread, don’t! As a programming note: Get full access to the printed and audio form of this blog post at: https://bit.ly/rrb003. ✔️Join my "Retirement Renegade Pulse" weekly newsletter for 5 must-read retirement news items and relevant updates: ✔️https://www.retirementrenegadeblog.com/pulse -- ⚡Follow Retirement Renegade Radio and Blog:⚡ Subscribe to the Blog: https://retirementrenegadeblog.substack.com Facebook: https://www.facebook.com/genxeretire/ Instagram: https://www.instagram.com/retirementrenegadeblog1/ X (formerly Twitter): https://twitter.com/RetirementRene1 YouTube: https://www.youtube.com/@retirementrenegadeblog

Hello and welcome, I’m the first Retirement Renegade – Winn – and your host of this podcast and the Retirement Renegade Blog at https://retirementrenegadeblog.substack.com or https://bit.ly/retirerblog. Welcome to the blog dedicated to helping you build your retirement portfolio so you can live out your golden years on your own terms. Let’s get started. 3 Takeaways 1 – Weigh carefully when you call it quits. 2 – Answer these 6 Questions about Early Retirement. 3 – Learn why to consider delaying retirement for as long as possible. If the biggest retirement mistake is not starting to save early, as covered in Episode 2, the second is retiring too early. Experts caution those nearing retirement that most of us are, as a group, lousy savers, making early retirement unaffordable. Financially speaking, if you can retire later, it is a far safer and far smarter bet you can outlive your money. Retirement is often reduced to a giant math equation; if the numbers don’t work, they don’t... Let’s look at 6 questions to answer before considering early retirement, three (3) consequences of this second biggest mistake of retiring early, and a remedy. Find the entire article available for subscribers at: https://bit.ly/rrb005b To continue with the full report, please become a Premium Subscriber. Enjoy these benefits as a Subscriber to Retirement Renegade: ✔️ an additional article of retirement news you can use per week, ✔️ the Retirement Outlook Weekly report every Monday – your update on the economic, social, and geopolitical affairs impacting your portfolio, ✔️ a monthly special report on a salient retirement issue and ✔️ a special invitation to our Monthly Town Hall meetings via Zoom. Get the full article now when you subscribe. Simply visit https://bit.ly/rrbsubscribe to unlock all the content available to my valuable subscribers. ✔️Join my "Retirement Renegade Pulse" weekly newsletter for 5 must-read retirement news items and relevant updates: ✔️https://www.retirementrenegadeblog.com/pulse -- ⚡Follow Retirement Renegade Radio and Blog:⚡ Subscribe to the Blog: https://retirementrenegadeblog.substack.com Facebook: https://www.facebook.com/genxeretire/ Instagram: https://www.instagram.com/retirementrenegadeblog1/ X (formerly Twitter): https://twitter.com/RetirementRene1 YouTube: https://www.youtube.com/@retirementrenegadeblog

Hello and welcome. I’m the first Retirement Renegade – Winn – and your host of this podcast and the Retirement Renegade Blog at https://retirementrenegadeblog.substack.com or https://bit.ly/retirerblog. Welcome to the blog dedicated to helping you build your retirement portfolio so you can live out your golden years on your own terms. Let’s get started. 3 Takeaways 1 – Does your retirement philosophy mesh with retiring abroad? 2 – Where in the world should you retire? 3 – How’s your health? More Americans are considering retiring abroad. Information from the Social Security Administration shows the number of retirees who draw outside the U.S. jumped 40%- more than 413,000 - between 2007 and 2017. The thirst for adventure in the “golden years,” important financial considerations, and the deteriorating social, economic, and political milieu in the United States are compelling reasons to cast a gaze at foreign shores. Ahead, you learn the three (3) salient questions to answer before packing up and making the leap to a new home overseas. As a programming note: Get full access to the printed and audio form of this blog post at: https://bit.ly/rrb004. 3 Reasons Why to Consider Retiring Abroad One of the biggest reasons to retire abroad is financial. ✔️Join my "Retirement Renegade Pulse" weekly newsletter for 5 must-read retirement news items and relevant updates: ✔️https://www.retirementrenegadeblog.com/pulse -- ⚡Follow Retirement Renegade Radio and Blog:⚡ Subscribe to the Blog: https://retirementrenegadeblog.substack.com Facebook: https://www.facebook.com/genxeretire/ Instagram: https://www.instagram.com/retirementrenegadeblog1/ X (formerly Twitter): https://twitter.com/RetirementRene1 YouTube: https://www.youtube.com/@retirementrenegadeblog