How Has the Pandemic Reshaped Your Retirement?

<p>The pandemic reshaped a lot of people’s retirement plans. Some anticipate a lower standard of living in retirement. Others have become more risk averse in the market. And 62% of retirees and near-retirees have cut spending to have a larger nest egg. </p> <p>Not to mention, almost everyone is worried about inflation and the impact it will have on their retirement. </p> <p>Are these the right actions to take? </p> <p>While spending less and saving more is good general advice, you might be able to beat inflation when you have a diversified portfolio. </p> <p>In this episode, I share how you can protect your retirement even as inflation runs rampant. And how to best protect your wealth so you don’t need to find a part-time job after you retire. Listen to the episode now. </p> <p><strong>Show Highlights Include:</strong></p> <ul> <li>Why inflation is more dangerous to your retirement plans than even healthcare costs (4:23) </li> <li>How focusing on your health when you’re young is a better way to live a lavish life in retirement than only focusing on your wealth (4:35) </li> <li>The counterintuitive reason only 13% of retirees and near-retirees feel more bullish with their investments (and how to figure out if you should be more aggressive or conservative) (9:08) </li> <li>Why our economy is still healthy (even though we’re living through more volatile times) (9:48) </li> <li>The “Capitalized Profits Model” reason for why you should consider a more aggressive approach with your retirement portfolio (10:12) </li> <li>How to prevent needing a part-time job because you ran out of money in retirement (15:38) </li> <li>Why saving more doesn’t guarantee a more easy-going retirement (and how categorizing your savings grows your wealth more) (19:18) </li> <li>The 2% target you want to hold in cash during inflationary periods to best protect your wealth (25:38) </li> </ul> <p>To schedule your free retirement tracking meeting, specifically for first responders, head to <a href= "http://pensionattention.com/" target="_blank"