Retirement Guide: 6 Things to Avoid When You’re 5-10 Years From Retiring

Plan smarter with six common retirement planning mistakes you’ll want to avoid so you can retire with confidence.  00:00 "Troy, I wish I would have met you 10 years ago" 01:33 Mistake 1: Not contributing to an HSA, a Health Savings Account 03:07 Example of Potential Results: Tax Deductions and Money Coming Out Tax-Free 05:26 Mistake 2: Retirement Portfolio is Misallocated 07:19 Why 3 Years Pre- and Post-Retirement is Most Vulnerable 08:52 Mistake 3: Not Diversifying Your Tax Buckets 11:03 Why Diversify? 12:29 Mistake 4: Not Mentally Preparing for the Shift from Accumulation to Spending for Retirement 14:29 How Retirement Can Impact Your Relationship With Your Spouse 15:56 Mistake 5: Locking in your Social Security Decision Too Early 17:49 How to manage Social Security and Required Minimum Distributions (RMDs) to avoid Tax Surprises  19:40 Mistake 6: Why Fear Holds So Many People Back From Retiring When They’re Financially Ready ➡️ Do you need a Retirement Success Plan that goes beyond allocating funds to truly fit your needs? We can help you create a retirement life plan customized for your retirement vision and legacy. Call us at (877) 404-0177 or fill out this form for a free consultation: https://click2retire.com/6-Things-To-Avoid ✉️ Receive retirement financial planning insights straight to your inbox monthly here: https://click2retire.com/yt-newsletter 🎥  Subscribe to our channel to keep learning here: https://click2retire.com/subscribe Disclaimer: Hypothetical outcomes do not reflect actual results and are not guarantees of future results. Any index references herein are unmanaged and cannot be directly invested into. Past performance is no indication of future results. All investing involves risk, including the potential loss of principal, and there can be no guarantee that any investing or tax savings strategy will be successful. Advisory services are provided through Oak Harvest Investment Services, LLC, a registered investment adviser. Insurance services are provided through Oak Harvest Insurance Services, LLC, a licensed insurance agency.