Episode 144: "Retirement Readiness: Are You Prepared? Your 3-Part Checklist"

**Think you're ready for retirement? Before you make the leap, master these three critical areas: choosing the right financial advisor, determining what purchases are smart "investments" in retirement, and assessing your retirement knowledge.** In this essential episode, Tom and Marc help you evaluate your retirement readiness across every dimension that matters. They'll walk you through what to look for in an advisor, which purchases make sense versus drain your income, and the key retirement knowledge gaps you need to fill. Whether you're a couple years out from retirement or just starting, discover if you're truly retirement ready. Hit play now! **Chapters** 00:00 Intro **What to look for when working with an Advisor**  02:20 Check the advisor’s philosophy 06:40 Questions to ask an advisor 13:00 When you need to shift advisors **Determining what is a good investment** 15:00 Getting a better car 18:00 Collectibles 19:55 Home renovations 21:15 Vacation home & extra property **Rating Your Retirement Knowledge** 24:15 Your net worth 27:15 Your budget 28:40 Your risk tolerance & capacity 31:00 Do you know what you’re paying in fees? 33:15 Do you know what your guaranteed income is? **Listener Questions** 37:00 How to plan for retirement when you have a special needs child? 42:35 Doing seasonal work while on Social Security? 45:20 What is ESG Investing & is it good?   Ready to plan your retirement? Do you have specific questions for Tom and the team at Mosley Wealth Management? Contact us here   https://mosleywealthmanagement.com/contact/  \=================================================== If you enjoy this content, please 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄! https://www.youtube.com/channel/UCPMvD3G1cZA1Kz4CKnwynhA?sub\_confirmation=1 \===================================================  ⭐ 𝐂𝐎𝐍𝐍𝐄𝐂𝐓 𝐖𝐈𝐓𝐇 𝐔𝐒 𝐎𝐍 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀⭐  \- Facebook: https://www.facebook.com/mosleyeaseintoretirement \- Instagram: https://www.instagram.com/easeintoretirement/ \- LinkedIn: https://www.linkedin.com/company/mosley-wealth-management #whattoaskanadvisor #GoodInvestments #RetirementKnowledge #Diversification #WhatsMyNetWorth #Retire #RetirementJourney #Social Security #FreedominRetirement #RetirementReady #FinanicalAdvisors #RetirementSavings #Retirement #HowtoPrepareforRetirement #RetirementTips #RetirementStrategy DISCLOSURE: Advisory services offered through Mosley Wealth Management, Inc. (MWM), an investment adviser registered with the U.S. Securities & Exchange Commission. Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (“MWM”). MWM and Mosley Insurance and Financial Services are affiliated companies by common ownership. License # 0K76766 Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government or any governmental agency. Some of the information provided may be from one or more third parties which we believe to be reliable sources, but accuracy and completeness cannot be guaranteed by Mosley Insurance & Financial Services. For more information, visit: www.mosleywealthmanagement.com