Welcome back to Roadmap to Retirement, this episode I will be answering recent client questions:
- What to do if you’re spending more in retirement (first verify if it’s sustainable, then budget, cut expenses, or add part-time income)
- How to help an elderly mom after a pension ends (consider selling the home or a reverse mortgage)
- Ways to tackle credit card debt (lower-rate loans, possibly a 401(k) loan and fixing the underlying income/expense or emergency-fund issue)
- Planning a “retirement” that’s really a second full-time career (adjust investments, taxes, and health insurance)
- When to involve adult children (beneficiary meeting sooner is better)
- How much cash to keep (about 3–6 months’ expenses, start small if needed).
Come back soon for another episode!
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