Key Actions Steps for Retiring at Age 64 | Retiring Today with Loren Merkle [Video]

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In this episode of Retiring Today, host Molly Nelson and retirement planners Clint Huntrods and Loren Merkle dive into essential tips, strategies, and action steps for those aged 64 and dreaming of retirement. The team discusses the common mindset and concerns of individuals nearing retirement and emphasizes the importance of long-term planning through an insightful example of a hypothetical retiree named Jill. The episode explores key decisions around Social Security, pension options, and expense planning to help viewers think about decisions they might need to make when constructing their comprehensive retirement plan.

Loren Merkle, CERTIFIED FINANCIAL PLANNER™, RETIREMENT INCOME CERTIFIED PROFESSIONAL®, CERTIFIED FINANCIAL FIDUCIARY®
https://merkleretirementplanning.com/staff-members/loren-merkle/

Clint Huntrods, CERTIFIED FINANCIAL FIDUCIARY®, PhD, Retirement Planner
https://merkleretirementplanning.com/staff-members/clint-huntrods/

Molly Nelson, Host of Retiring Today
https://merkleretirementplanning.com/staff-members/molly-nelson/

Chapter
00:00 Introduction
00:50 Mindset and Worries
02:42 Hypothetical Example
11:45 RMDs effecting taxes and Medicare
20:05 Recap of Jill’s Action Steps
24:50 Test Drive Your Budget
25:38 Sign Up For The Journey To Retirement Workshop

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This video does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by Merkle Retirement Planning LLC, Elite Retirement Planning LLC, MRP Insurance LLC, or any other third party regardless of whether such security, product or service is referenced in this episode. Furthermore, nothing in this episode is intended to provide tax, legal, or investment advice and nothing in this episode should be construed as a recommendation to buy, sell, or hold any investment or security or to engage in any investment strategy or transaction. Merkle Retirement Planning, LLC does not represent that the securities, products, or services discussed in this episode are suitable for any particular investor. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your business advisor, attorney, or tax and accounting advisor regarding your specific business, legal or tax situation.