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In today’s episode, we’re going to discuss the retirement hazard zone. This is the 10 years leading up to retirement and the first decade of retirement itself. Listen in Scott compares this period to driving through a construction zone, focusing on the need to slow down, think differently, and be prepared for the unexpected.
Before we jump into today’s conversation, though, Scott will talk about how he was almost scammed. He’ll discuss the top 5 financial scams targeting retirees and pre-retirees and share some essential tips to help you avoid financial fraud. Then, at the end of the episode, he’ll answer a listener question on whether to take Social Security benefits right away or to delay them. Don’t miss this insightful conversation!
Here’s some of what we discuss in this episode:
0:00 – Intro
0:58 – Scams targeting older adults + prevention
14:50 – Thinking differently in retirement
19:00 – Preparing for the unexpected
21:56 – Slowing down
25:39 – Listener question on Social Security
NCOA Article on Scams
Thanks for checking out this episode of the podcast. If you’d like to learn more about financial and retirement planning, check out our YouTube channel here.