Thursday Jun 08, 2023
Mastering Retirement Cash Flow: Understanding Changing Expenses (Part 1)
In this episode, we’ll explore many of the expenses in your life that might drastically change (one way or another) in retirement. We’ll break those expenses down further to see which ones are the top priorities and analyze some of the other factors that impact your cash flow in retirement.
Whether you're approaching retirement or already enjoying it, this episode is filled with essential tips and strategies that will empower you to make informed financial choices, ensuring a comfortable and fulfilling retirement.
Here are some of the things we’ll address in this episode:
- 3:09 – How housing might change in retirement
- 7:03 – No more work “stuff” – gas, lunch, wardrobe
- 9:46 – Budgeting for healthcare in retirement
- 12:56 – How taxes could change in retirement
- 18:26 – Travel and leisure expenses
- 20:34 – How insurance costs might change in retirement
For more, visit us online: http://philstaxhacks.com
Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts
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