{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"The Value of a Financial Advisor: Preparing for Retirement","description":"This episode of The Confident Wealth Podcast with Bill Bush and Pete Bush is the 8th installment in their series, The Value of Working with an Advisor. During this installment, Bill and Pete address the subject of preparing for retirement in a manner that you can feel confident about. What type of retirement goals do you have for you and your spouse? How will your financial needs change during different phases of retirement? What are the various ways financial planners can assist future retirees with proper preparation? Bill and Pete have the answers for you.   Episode Highlights:   01:37 \u2013 Bill Bush and Pete Bush introduce the topic of planning for a confident              retirement. 03:17 \u2013 Social Security is typically not enough to rely on for retirement. 03:51 \u2013 When you get to 50 the clock towards retirement starts ticking. 04:47 \u2013 What is the date and amount you need for retirement? 06:09 \u2013 What are your retirement goals? 07:29 \u2013 What are the three stages that some retirements fall under? 08:04 \u2013 How should you go about taking out extra money earlier in retirement? 09:49 \u2013 How does healthcare play into retirement planning? 11:15 \u2013 Mortgage debt is a huge problem in retirement. 12:06 \u2013 Which unique factors should retirement planners prepare for? 13:26 \u2013 What are all the things that a financial advisor does to help clients prepare              for a confident retirement? . 3 Key Points: Have a dollar-specific\/date-specific plan. The three phases of retirement generally are: checking off dream activities from your bucket list, the slowing down phase, and the older stage of not wanting to do anything. Runaway healthcare costs are the number reason for bankruptcy during retirement.   Tweetable Quotes: \u201cA married couple that is 65, there is a one in two chance that one of them lives to be 90.\u201d \u2013 Bill Bush. \u201cIt is better for people to think in terms of retiring to something instead of from something.\u201d \u2013 Pete Bush. \u201cA lot of times we are recommending going into retirement with no debt of course, going into retirement with a couple of years of cash that you can get your hands on.\u201d \u2013 Pete Bush.     Resources Mentioned: Horizon Financial Group The Confident Wealth Podcast ","author_name":"The Confident Wealth Podcast","author_url":"http:\/\/confidentwealth.libsyn.com\/website","html":"