Episode Details

-- On this weekend's episode, Shawn and James discussing ways your retirement portfolio needs to be more focused on planning for the worst, then hoping for the best as the later. Reason why... every year, more than a half million Americans file for bankruptcy due to medical bills. A healthcare emergency, catastrophic illness, or accident can knock you off your feet physically – and financially. We can’t prevent bad things from happening. But we can plan for the worst so if there is an accident, emergency, or serious medical diagnosis … you and your loved ones can focus on healing, not financial headaches. Fidelity estimates the average 65-year-old couple retiring today can expect to spend around $300,000 (after tax) on healthcare costs. But that number is for a healthy couple, and it doesn’t include long-term care. So the costs can be really big when we talk about healthcare in retirement. -- Also, we go over the Top 5 reasons you may need a new Advisor --We know you have plenty on your plate but if you believe you could use a little extra assistance with your financial goals or establish what it is you truly believe makes a great retirement for you. So give Shawn and his team a call to see where your portfolio stands during any market changes, 248-988-9696. ---Catch us on our local radio show! -101.5 The Patriot, Saturdays 6 A.M., Sundays 7 P.M. -Faith Talk 1500AM, Sundays 7 A.M.

On this episode of Retire Right with Shawn Mueller, the conversation focuses on one or more of the most critical aspects of retirement planning, such as managing taxes, understanding Social Security benefits, evaluating long-term care needs, preparing for market fluctuations, and establishing an effective legacy plan. Shawn Mueller and James Parker tackle the latest financial headlines that may affect your retirement, talk through common questions and situations faced by retirees, and discuss the behavioral side of money decisions. Each episode aims to inform, educate, and help you think critically about strategies, risks, and the evolving world of retirement.