December 2024 – Retirement Solutions

Are You Taking Too Much Risk with Your Retirement? (Ep. 13)

By BOSS Retirement Solutions | December 25, 2024

Are you aiming to be rich in retirement or simply ensuring you won’t be poor?

In this episode, Ryan Thacker and Tyson Thacker tackle the pivotal question: Should your retirement plan chase risk for potential riches or focus on security to avoid poverty? They explore common financial myths that could jeopardize your retirement, especially if you don’t fully understand your risk tolerance. Listen in as they unravel the misconceptions surrounding financial planning and highlight the critical importance of reliable income over magic numbers.

Ryan & Tyson discuss:

(05:31) The myth of the “magic number” for retirement savings and its pitfalls
(07:04) Why “set it and forget it” isn’t a real plan
(09:07) The misleading nature of average rates of return
(13:09) How high risk doesn’t always translate to high reward
(18:12) Real-life examples from the B.O.S.S. Retirement Blueprint, including the risk analysis of Bob and Carol
And more

Resources:

The B.O.S.S. Retirement Blueprint

Get your FREE B.O.S.S. Retirement Blueprint:

3 Ways to Respond:

Text BLUEPRINT to (435) 500-0665
Call: (800) 769-7550
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Building a Reliable Retirement Income Stream (Ep. 12)

By BOSS Retirement Solutions | December 12, 2024

Is your retirement nest egg going to last as long as you will?

In this episode, Ryan and Tyson Thacker delve into America’s retirement crisis, equipping you with the knowledge to safeguard your financial future. Learn vital lessons from their family farm about the importance of preserving your income sources, such as Social Security and pensions, and explore strategies to overcome common retirement pitfalls like inflation and underfunded pensions.

This week on the Retirement Solutions Podcast, Ryan and Tyson break down:

(00:40) The importance of creating reliable income streams for retirement
(08:24) Challenges with pension stability and what you can do
(11:32) Maximizing your Social Security benefits
(14:58) Inflation, the silent wealth killer
(19:18) Planning strategies for a secured retirement income
(26:21) How reverse mortgages can be a valuable resource
And more

Don’t miss this episode packed with practical advice to ensure a comfortable retirement you can count on.