In this conversation, Jackie Selby and Esa Yokela discuss essential aspects of retirement planning, including long-term care options, social security benefits, income streams, and the role of annuities and pensions. They emphasize the importance of understanding various financial tools and strategies to ensure a comfortable retirement. The discussion also touches on the potential of real estate as a source of income in retirement, highlighting both its benefits and risks. In this conversation, Gary Nolan discusses the inevitability of aging and the importance of embracing it. He emphasizes the significance of health and nutrition in retirement, outlining the different phases of retirement and the necessity of having a solid estate plan. The conversation also covers the importance of updating estate plans regularly, the role of medical power of attorney, and the potential complications of failing to name beneficiaries. Additionally, Nolan highlights the need for a sustainable income plan in retirement and the importance of understanding Social Security benefits. Finally, he touches on innovations in retirement planning and the value of financial wellness programs for communities.

Reach out to Esa and the team at 888.919.9311

See omnystudio.com/listener for privacy information.

In this episode of the Ambassador Wealth Management Power Hour, hosts Jackie Selby and Esa Jokela discuss the intersection of financial and physical fitness. They emphasize the importance of automating financial contributions, managing risk as retirement approaches, and building an emergency fund. Personal stories illustrate the impact of financial planning on life events, while the conversation also covers the shift from pensions to 401(k) plans and the importance of having a purpose in retirement. The hosts stress the need to manage debt effectively and create a spending plan for financial health. In this conversation, they discuss the essential components of retirement planning, focusing on creating a comprehensive income plan, understanding social security and pension options, managing expenses in retirement, and planning for long-term care and healthcare needs. He emphasizes the importance of having a strategy to ensure financial stability throughout retirement, addressing common concerns about market volatility and tax implications. The conversation also highlights the significance of professional guidance in navigating these complex financial decisions.

Reach out to Esa and the team at 888.919.9311

See omnystudio.com/listener for privacy information.