As you approach retirement or as a retiree, have you ever said this to yourself...

“My neighbor has $2 million saved. I only have half that. Am I behind?”

“Every ad I see asks if $2 million is enough. Is it enough for me?”

“Am I making the right choices? Am I picking the right investments?”

If any of that sounds familiar, this episode is for you.

“Have I saved enough?” is the question Stewart Smith and Mitch Davies hear more than any other. But it may be the wrong one to ask.

Your neighbor’s number, a headline, or a YouTube video can’t tell you much about your own retirement. Your own numbers can.

In this episode, Stewart and Mitch go through the questions that matter more.

→ Your monthly number: what your basic bills cost versus your fun money
→ Income sources: pensions, IRAs, and when Social Security starts
→ Healthcare: why retiring before 65 can make it one of your biggest costs
→ Taxes: why they may not drop once the paychecks stop
→ Lifestyle: why your neighbor’s retirement may look nothing like yours
→ AI tools: what ChatGPT can’t know about your situation
→ Life changes: why a one-time plan can go out of date in months
→ The better question: what do you want retirement to look like, and what will it cost?

Timestamps:
→ [00:00] The Question That Keeps You Up
→ [02:40] Start With Your Monthly Number
→ [03:50] Where Your Paycheck Comes From
→ [05:15] The Cost Nobody Plans For
→ [07:10] Taxes Don’t Retire With You
→ [09:15] Your Neighbor Lives Differently
→ [11:50] The Family Vacation Test
→ [12:45] What ChatGPT Can’t Know
→ [18:15] Why One-Time Plans Go Stale
→ [21:15] Don’t Retire to a Full-Time Job
→ [22:55] The Better Question to Ask

With Stewart Smith, LUTCF®, RICP®, and Mitch Davies of ClearPath Retirement Planning.

Ready to build your retirement plan?

ClearPath Retirement Planning, LLC helps retirees and pre-retirees in the SC area create tax-efficient strategies for retirement income.

📍 300 Executive Center Drive, Suite 104 | Greenville, SC 29615
📞 (864) 775-5033

Schedule your ClearPath Retirement Review today www.clearpathretirement.com

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Important Disclosure:

Investment advisory services offered through Alphastar Capital Management, LLC, a SEC-registered investment adviser. SEC registration does not constitute an endorsement of the firm by the SEC nor does it indicate that the adviser has attained a particular level of skill or ability. Fixed insurance products are offered through Clearpath Retirement Planning, LLC and Alphastar Capital Management is not involved in the offer, recommendation, sale or management of commission-based fixed Insurance products. Alphastar Capital Management and Clearpath Retirement Planning, LLC are separate ...