There are plenty of decisions that you’ll make in the retirement planning process that can’t be undone, so you want to make sure that you make the right call. In this episode, we’ll explain why these decisions are so important and can’t be undone.
If you don’t have a well-conceived plan in place and end up walking away from your paycheck earlier than you should, it’s true that you can always go back to work in some capacity later on. But realistically it’s usually very difficult to re-enter the workforce, especially if you’re looking for the same salary that you had when you left. Listen to find out if there are any irreversible financial decisions you need to be aware of in order to retire the way you’d hoped.
Here’s some of what you’ll learn in this episode:
- What happens if you take social security early, then change your mind? (2:05)
- Why making the right decisions with your pension plan is vital. (4:58)
- Can you change your mind about life insurance? Yes, but you’ll want to keep these situations in mind. (7:16)
- What to consider when choosing your retirement date. (11:04)
Check out Donna’s new book coming out soon: https://www.widow-wisdom.com/
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