The Miracle of the 5 Years BEFORE & AFTER Retirement (Double your savings!)
If you are within five years of retirement or planning an early retirement, the decisions you make now could determine whether you retire with confidence or worry about running out of money. In this video, Certified Financial Planner™ Joe Franklin explains five essential retirement planning moves to make before you retire, including maximizing your 401(k), planning for Social Security, reducing taxes with Roth conversions, and protecting your savings from market volatility.
The final five years before retirement are often called the “retirement red zone” because financial mistakes made during this period can be difficult to correct once your paycheck stops.
You will learn how to:
• Maximize retirement savings and 401(k) catch-up contributions
• Calculate your retirement income gap and true expenses
• Choose when to claim Social Security
• Prepare for healthcare, inflation, and market downturns
• Use the Roth conversion “golden window” to reduce future taxes
• Build a cash reserve for retirement withdrawals
• Review beneficiaries and estate planning documents
• Create a meaningful retirement centered on faith, health, and relationships
Retirement is about more than accumulating money. A strong retirement plan helps you protect your family, use your resources wisely, and enjoy the next chapter of your life.
