What are the top financial tips for transitioning into retirement?

What are the top financial tips for transitioning into retirement? In this episode of The Ask Ralph Show, host Ralph Estep, Jr. addresses the concerns of people who are approaching retirement. Ralph provides 10 key financial tips, including assessing your current financial situation, estimating retirement expenses, developing a retirement income strategy, and considering healthcare costs. He also advises on investment strategy, Social Security planning, and estate planning. Finally, Ralph encourages listeners to stay flexible and review their retirement plan annually. If you're nearing retirement, don't miss this valuable advice from Ralph.

https://www.askralphpodcast.com/transitioning-into-retirement/

00:00 Introduction
01:16 Listener’s question
03:40 Bible Verse
05:15 Estimating retirement expenses
06:30 Retirement income strategy
08:00 Healthcare costs
09:45 Reviewing investment strategy
11:00 Social Security strategy
12:00 Planning for required minimum distributions
13:15 Updating estate planning documents
13:45 Staying flexible and open to change
14:03 Conclusion

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