This video discusses the top money mistakes retirees make. The video breaks these down into 10 areas ("10 Money Mistakes to Avoid in Retirement) that cover everything from when to take Social Security, to when aggressive retirement investing is appropriate. More importantly, Geoff explains not only what these money mistakes are but why they happen and how to fix them.
As always Geoff explains the issues in language that anyone can understand.
Links Mentioned in the Video:
Poll Results: The #1 Reason (by Far) People Take Social Security Early
• #1 Reason (BY FAR!) People Take Socia...
7 Expenses That GO DOWN in Retirement
• 7 Expenses That Go Down in Retirement...
10 Expenses That GO UP in Retirement
• 10 Expenses That GO UP in Retirement
Important Links:
Follow Me on Instagram:
/ the_schmidtlist
Free "Retirement Ready" Checklist:
https://holyschmidt.com/checklist/
Federal Reserve Board Survey of Consumer Finances:
https://www.federalreserve.gov/econre...
Social Security Administration Application for Benefits
https://secure.ssa.gov/iClaim/rib
Current Social Security Cost of Living Adjustment
https://www.ssa.gov/cola/
Social Security Payment Estimator
https://www.ssa.gov/benefits/retireme...
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Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider.