Put Your Retirement Plan to the Test | Retiring Today With Loren Merkle [Video]

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Just like you wouldn’t buy a car without a test drive, you should put your retirement plan through a trial run. Discover how to simulate your retirement lifestyle, stress-test your financial strategies, and make any adjustments before you actually retire.

Test driving lets you check comfort and performance. Try living on your projected retirement budget and see if that fits your lifestyle needs.

Test drive in different conditions. Stress-test your portfolio against different market scenarios and assess the right level of risk for you.

Test drive multiple scenarios to compare options. What should you do for Social Security or health care? Comparing your options allows you to make the best choice for your retirement plan.

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

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

Chapter
00:00 Why Should I Test Drive?
00:56 Test Driving Lifestyle
06:07 Test Driving Retirement Income
09:39 Social Security Question
12:00 Test Driving Social Security
15:13 Test Driving Retirement Taxes
18:05 Test Driving Investments
19:25 Test Driving Health Care
20:33 Test Driving Legacy Planning
21:26 When To Start Test Driving Retirement
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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.

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