Optimal Finance Daily - Financial Independence and Money Advice

2800: Retirement Solutions for the 7 Worst Retirement Mistakes by Kathleen Coxwell of New Retirement

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Episode 2800:
Kathleen Coxwell from NewRetirement.com outlines essential retirement strategies to avoid the most common financial mistakes, ensuring a secure and sustainable retirement. Learn how to maximize your savings, manage debt, and plan effectively to maintain your desired lifestyle throughout your retirement years.
Read along with the original article(s) here: https://www.newretirement.com/retirement/retirement-solutions-for-financial-mistakes/
Quotes to ponder:
"The earlier you start planning and saving for retirement, the more successful you’re going to be."
"That is a large expense that can more rapidly drain your nest egg. Ideally you want to be debt free before you retire."
"Conventional wisdom is that you should only withdraw about 4% of your nest egg to live."
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Optimal Finance Daily, hosted by Diania Merriam, the innovative mind behind the personal finance conference EconoMe, takes you on an enlightening journey through the world of personal finance. Each episode brings to life the most compelling and practical advice from leading financial bloggers and experts. Diania’s engaging narration and insightful commentary transform complex financial concepts into relatable, actionable insights. Whether it’s budgeting, investing, debt management, or money mindfulness, she covers it all, making financial wisdom accessible to everyone.
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