from Kerry Lutz's Financial Survival Network
Ted Thatcher joined Kerry Lutz to discuss his book, “Launch Your Retirement,” which provides guidance for individuals transitioning from saving to spending in retirement, targeting those with established nest eggs looking to replace their income. He outlined a five-pillar process for retirement planning, emphasizing income planning, investment strategy, and tax strategy, while highlighting the significant impact of taxes on retirees’ finances. Ted criticized Congress for its reluctance to cut spending, particularly regarding Social Security, and pointed out the need for regulatory reductions to foster economic growth, while both he and Kerry acknowledged the challenges of reducing government expenditures due to corruption in defense contracts. They also discussed the evolving nature of Bitcoin, noting its transition to a legitimate investment despite its volatility, and advised a cautious investment approach. The conversation concluded with a reminder about accessing Ted’s book for further insights on retirement planning.
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