5 Costly Retirement Mistakes and How A Financial Advisor Can Help

Join Brian Muller, founder of Momentous Wealth Advisors, as he exposes the 5 most dangerous retirement planning mistakes that cost retirees hundreds of thousands of dollars. In this comprehensive episode of Wealth Decisions, discover why 90% of retirees fail with withdrawal rates above 6%, how the wrong investment strategy destroys retirement portfolios, and the tax planning secrets that create generational wealth.

What You’ll Learn:

• Why beating the S&P 500 in retirement is the wrong goal (and what to focus on instead)

• The investment strategy shift that prevents sequence of returns risk

• How withdrawal rates above 6% lead to portfolio failure 90% of the time

• Essential stress testing strategies for bulletproof retirement plans

• Roth conversion tactics that save six figures in lifetime taxes

• When to hire a financial advisor vs. going DIY with retirement planning

• 3 memorable investment principles you can implement immediately

• Actionable steps to audit and optimize your retirement strategy today

Chapters:

00:05 - Avoiding Critical Retirement Mistakes

01:09 - The Dangers of Retirement Investment Mistakes

07:03 - Understanding Sustainable Withdrawals in Retirement

11:38 - Mistake Number Five: Not Having a Roth Conversion Strategy

Featured Insights From:

Warren Buffett, Daniel Kahneman, Jack Bogle, Charlie Munger, Philip Tetlock, Ed Slott, and Benjamin Franklin on wealth preservation, behavioral finance, and retirement income strategies.

Perfect for retirees, pre-retirees, financial advisors, retirement planning enthusiasts, and anyone seeking sustainable withdrawal strategies, portfolio management techniques, and tax-efficient retirement income planning.

Hosted by Brian Muller, BFA, and founder of Momentous Wealth Advisors, bringing you expert retirement planning advice and wealth management strategies every episode.

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Takeaways:

• Retirees often make critical mistakes that can jeopardize their financial security in retirement.
• It is paramount to shift one's investment strategy from accumulation to preservation during retirement.
• Sustainable withdrawal rates are essential; exceeding 6% can dramatically increase the risk of depleting funds.
• Engaging a qualified financial advisor is vital for effective planning and stress testing of retirement strategies.

⁠⁠⁠⁠https://www.momentouswealthadvisors.com/book

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Brian D Muller(AAMS©), Founder, Wealth Advisor

XYPN Invest Disclaimer:

Brian Muller is an Investment Adviser Representative of XYPN Invest, an SEC-registered investment advisory firm doing business as Momentous Wealth Advisors. This podcast is not published on behalf of XYPN Invest, and the views expressed herein are solely those of Brian Muller.

Podcast Disclaimer:

The Wealth Decisions Podcast is provided solely for general information purposes and should not be construed as accounting, legal, tax, or any other professional advice. Visitors are advised not to act upon the information or content found here without first seeking appropriate guidance from a qualified accountant, financial planner, lawyer, or other relevant professional. Any hypothetical performance is just that, and there is no guarantee that you will receive a specific average rate of return in any examples in this podcast.

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