Kristina explores the various phases of retirement, emphasizing the importance of planning and emotional readiness. She discusses the pre-retirement phase, the emotional aspects of retirement day, the honeymoon phase, disenchantment, reorientation, and achieving stability in retirement. The discussion highlights the need for financial planning and the emotional adjustments that come with transitioning into retirement. Kristina also emphasizes the importance of understanding comprehensive planning and proactive tax strategies.

Reach Kristina at 844-823-6387.

Powerful Legacy Insurance and Financial Services

www.yourpowerfullegacy.com

See omnystudio.com/listener for privacy information.

Kristina talks about the positive aspects of retirement planning, emphasizing that many retirees are experiencing better outcomes than expected. She highlights the importance of building multiple income streams, creating predictable income through various financial tools, and the necessity of consolidating retirement accounts. Additionally, she addresses strategies for maximizing contributions, especially for those nearing retirement, and the importance of balancing risk and growth in investments. The conversation also touches on identifying red flags in retirement planning and how to turn them into opportunities for a secure financial future.

Reach Kristina at 844-823-6387.

Powerful Legacy Insurance and Financial Services

www.yourpowerfullegacy.com

www.powerfultaxbill.com

See omnystudio.com/listener for privacy information.

Kristina covers various economic indicators, both unconventional and traditional, that can inform retirement and income planning. She emphasizes the importance of understanding consumer behavior during economic downturns and highlights strategies for effective retirement planning, including the need for emergency funds and the risks associated with longevity. The discussion also covers common mistakes retirees make, such as not having a comprehensive tax strategy and the importance of income-generating assets.

Reach Kristina at 844-823-6387.

Powerful Legacy Insurance and Financial Services

www.yourpowerfullegacy.com

See omnystudio.com/listener for privacy information.

Kristina stresses the importance of having a robust financial plan that can withstand economic uncertainties, particularly focusing on inflation, cash management, portfolio adjustments, and tax planning. She highlights the unique challenges women face in retirement, including the wage gap and longevity risks, and emphasizes the need for a tailored financial strategy. The conversation also incorporates practical advice and wisdom from mothers, linking traditional sayings to modern financial planning.

Reach Kristina at 844-823-6387.

Powerful Legacy Insurance and Financial Services

www.yourpowerfullegacy.com

www.powerfultaxbill.com

See omnystudio.com/listener for privacy information.

Kristina covers common misconceptions about retirement planning, emphasizing the importance of realistic assumptions and contingency planning. She addresses the risks of relying on market performance, inheritance, and the necessity of having a solid financial strategy that includes understanding market volatility, annuities, and tax strategies like Roth conversions. Kristina also highlights the significance of fiduciary responsibility in financial advising and explores the multifaceted aspects of retirement planning, emphasizing the importance of understanding personal goals beyond just financial growth.

Reach Kristina at 844-823-6387.

Powerful Legacy Insurance and Financial Services

www.yourpowerfullegacy.com

See omnystudio.com/listener for privacy information.

Kristina talks about the challenges and strategies for navigating the financial landscape as individuals approach retirement. She emphasizes the importance of proactive financial planning, understanding social security benefits, and managing investment risks in a volatile market. The discussion highlights the need for personalized financial advice and the significance of staying informed without becoming overwhelmed by market fluctuations.

Reach Kristina at 844-823-6387.

Powerful Legacy Insurance and Financial Services

www.yourpowerfullegacy.com

www.powerfultaxbill.com

See omnystudio.com/listener for privacy information.

Kristina discusses the current economic landscape and its implications for retirement planning. She emphasizes the importance of understanding personal financial comfort zones, the need for a structured portfolio, and the impact of external factors like inflation and market volatility on retirement savings. The discussion also covers practical strategies for managing things that can drain your retirement budget including high utility costs, insurance needs, and debt management, while encouraging listeners to seek professional advice for tailored financial planning.

Reach Kristina at 844-823-6387.

Powerful Legacy Insurance and Financial Services

www.yourpowerfullegacy.com

www.powerfultaxbill.com

See omnystudio.com/listener for privacy information.

Kristina discusses various tax strategies and financial tools for retirement planning. The discussion covers indexed universal life insurance, income annuities, IRA contributions, health savings accounts, and the importance of diversification. Kristina also draws parallels between classic literature and financial wisdom, using characters like Ebenezer Scrooge, Captain Ahab, Atticus Finch, and Jay Gatsby to illustrate key lessons in wealth management and retirement planning.

Reach Kristina at 844-823-6387.

Powerful Legacy Insurance and Financial Services

www.yourpowerfullegacy.com

See omnystudio.com/listener for privacy information.