Mr. Money Talks: Preparing for Retirement - Key Conversations to Have Before You Leave the Workforce (11/16/24)

In this episode, financial expert Mark Rothstein, aka "Mr. Money," provides invaluable insights on the crucial steps to take before retiring. He emphasizes the importance of consulting with your spouse, adult children, doctor, HR department, siblings, and financial advisor to ensure a smooth and financially secure transition into retirement. Listeners will learn about the key questions to ask each of these crucial contacts, as well as strategies for maximizing your retirement benefits and minimizing tax liabilities.

Sources:

• December Interest Rate Cut Isn’t a ‘Done Deal,' Says Boston Fed President - WSJ

• Trump Has Proposed Nearly $8 Trillion in Tax Cuts. What Happens Now? (thinkadvisor.com)

• The Market Is Betting Trump Won’t Fix High Card Rates - WSJ

• Trump’s Price Controls on Credit Cards - WSJ

• What Trump's Win Means for Estate Tax Planning (thinkadvisor.com)

• The 2025 Social Security COLA Is Out. Here Are More Numbers You Need to Know. (thinkadvisor.com)

• How Do I Know If It’s Time to Retire? The 8 People to Turn to for Advice and What to Ask - WSJ