Just like the lights on your dashboard can indicate if something is wrong with your car, like low tire pressure or leaking oil, there are indicators in your financial life that might point out that you have a problem that needs to be addressed.
On today’s show, we’ll explain why your net worth, your view of retirement and your thoughts on nursing homes might be problematic.
On this episode, we’ll share:
- Why your guess of what it takes to fund your lifestyle is probably way off. [2:10]
- Why tracking net worth or account balance should not be the only thing you care about. [5:39]
- Why you need to have a different retirement plan than your parents. [8:27]
If you have any questions about how you can better prepare for your retirement future, don’t hesitate to reach out to Michael Schulte for help.
He’s a Financial Advisor and Certified Business Exit Planner at WestPac Wealth Partners. His daily mission is to help families and business owners make smart financial decisions so they can live on their own terms for the rest of their lives, regardless of what life events and opportunities come their way.
Call Michael at 702-767-4897 with any of your questions or email michael.schulte@westpacwealth.com.
