Top Retirement Questions Answered Rapid Fire | Accessible Finance Ep. 80

Welcome to episode 80 of Accessible Finance with Eric and Rachael Johns! In this rapid-fire session, Eric answers your most pressing retirement questions without his famous 'It depends' caveat. From the biggest mistakes made before retirement to whether you should downsize your home, we cover it all. Also discussed are Roth IRAs vs. traditional IRAs, how to estimate healthcare costs in retirement, and the safest investments for retirees. Don't miss out on practical, concise advice on these essential topics. Remember, this is for educational purposes only and not financial advice. Tune in now for all the insights! 00:00 Introduction and Favorite Phrases 00:45 Rapid Fire Questions Begin 01:48 Biggest Mistakes Before Retirement 03:09 Mortgage and Retirement 04:31 Roth IRA vs Traditional IRA 04:53 Savings by Age 60 05:58 Starting Late for Retirement 06:16 Social Security Timing 07:21 Reducing Taxes in Retirement 12:44 Healthcare Costs in Retirement 14:39 Understanding Medicare Supplement Plans 15:47 Exploring the 4% Rule for Retirement 19:07 Working Part-Time and Social Security 23:57 Avoiding Financial Scams 26:06 Leaving Money to Heirs 27:13 Reviewing Your Retirement Plan 28:57 Conclusion and Disclaimers