Countdown to Retirement: Are You Really Ready to Take the Leap?

Countdown to Retirement: Are You Really Ready to Take the Leap?

Are you really ready for retirement? As your retirement countdown begins, I reveal the critical steps you must take to ensure you're fully prepared to retire confidently and securely. From defining your retirement vision to setting a realistic retirement age, I cover everything you need to know for effective retirement planning.

In this retirement planning video, you’ll discover:

  • How to pick the ideal retirement age (55, 59½, or 62) to maximize your retirement savings and avoid penalties.
  • Essential budgeting strategies for retirement, including accurately planning for healthcare expenses before Medicare.
  • Proven methods to calculate your FIRE number, going beyond the standard 4% rule for early retirement success.
  • Powerful risk-management techniques to protect your nest egg from sequence of returns risk and market volatility.
  • Crucial insights about when to claim Social Security, and how avoiding a common trap could save you thousands.

👉 Get started with my free checklist, "12 Must-Do Steps to Retire Sooner and Smarter," to ensure you don't miss a thing as you prepare to retire. To get the free download, go to my Patreon, click Join for Free, then click on the Tools collection, and you can download from there. Here is the link to my Patreon: https://www.patreon.com/cw/earlyretirementroadmap

While you're on my Patreon, you may want to download these other free tools too:

📊Free MAGI calculator Excel template

📊Free eBook: ACA Premium Shock Fix, 10 Ways to Pay Less for Marketplace Coverage All Year Long

Stress-test your retirement plan using the highly recommended retirement planning software (Boldin) mentioned in the video: Try Boldin here: https://go.boldin.com/earlyretirementroadmap

Disclosure: This is an affiliate link, which means I may earn a small commission at no extra cost to you. It's a simple way to support this podcast and the content I create. Thank you!

📺 When you're not on the go, watch the Early Retirement Roadmap YouTube Channel: https://youtube.com/@EarlyRetirementRoadmap?sub_confirmation=1

🌐 Visit my website for all my media, including my blog or to contact me about sponsorship or other business opportunities: https://mikeupland.com/

☕ Support: Buy me a coffee: https://buymeacoffee.com/mikeupland.com

DISCLAIMER: This podcast is for educational purposes only and reflects my personal experience and research. It is not financial, tax, legal, or investment advice. Always consult with qualified professionals before making major retirement or financial decisions. I am not responsible for any loss or damages resulting from reliance on this information.

#CountdownToRetirement #RetirementPlanning #EarlyRetirement #RetirementChecklist #SocialSecurityTips

Episoder(53)

🚨No Subsidies in 2026? Plan A vs Plan B (DO THIS)

🚨No Subsidies in 2026? Plan A vs Plan B (DO THIS)

2026 health insurance: If Affordable Care Act (ACA) subsidies end, Plan A vs Plan B. Open Enrollment Nov 1; enroll by Dec 15 for Jan 1. MAGI targets, 400% FPL, on-exchange vs off-exchange. In this vid...

27 Okt 20259min

5 Things to Sell BEFORE You Retire

5 Things to Sell BEFORE You Retire

Retirement planning: 5 things to sell before you retire—downsize the house, cut support for adult children, ditch RV/boat “toys,” drop the second car, and release your work identity with my Keep-Sell-...

20 Okt 20259min

7 “Assets” Rich Retirees Avoid

7 “Assets” Rich Retirees Avoid

Retirement planning, early retirement, money traps: timeshares, vacation homes, high-fee annuities, whole life insurance, long-term care insurance, high-yield bonds, high-fee active funds, cash flow, ...

13 Okt 20258min

How I Retired at 55: Do These 5 Things

How I Retired at 55: Do These 5 Things

I retired early at 55. In this episode I show exactly how to retire early with 5 proven keys to early retirement: the mindset that powers compounding, how to raise your savings rate, the income multip...

29 Sep 202521min

ACA MAGI: How to Calculate & Manage It for Big Savings!

ACA MAGI: How to Calculate & Manage It for Big Savings!

ACA MAGI explained: how to calculate and manage Modified Adjusted Gross Income (MAGI) for Affordable Care Act (ACA) subsidies—step-by-step, with a free MAGI calculator to lower premiums and maximize p...

22 Sep 202516min

Roth Conversions or ACA Subsidies? The Early Retirement Dilemma No One Talks About

Roth Conversions or ACA Subsidies? The Early Retirement Dilemma No One Talks About

Roth conversions vs. ACA subsidies is the early retirement dilemma no one talks about. If you’re planning for early retirement, you need to know how Roth IRA conversions can raise your MAGI and cost y...

8 Sep 202511min

5 Things I Wish I Knew BEFORE Retiring Early at 55

5 Things I Wish I Knew BEFORE Retiring Early at 55

Early retirement at 55 comes with financial and lifestyle challenges most people don’t expect. In this video, I share 5 things I wish I knew before retiring early, including lessons on retirement plan...

25 Aug 20258min

The Biggest Retirement Mistake? Working Past 60

The Biggest Retirement Mistake? Working Past 60

Working past 60 might seem smart, but it could be the biggest retirement mistake you make. In this video, we reveal the hidden costs of working past 60 — from lost health years to missed financial opp...

18 Aug 20257min

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