The 3 Biggest Retirement Expenses and How to Control Them

In this video, Dustin with Mundorf Wealth Management and Erin Kennedy talk through the three biggest expenses you'll see in retirement; be sure these expenses are in your plan, or you may run out of money!

1. Largest Known Expense: Taxes
2. Largest Potential Expense: Healthcare
3. The Silent Thief: Inflation

The only way to combat the possibility of expenses exceeding assets is to have a written income plan for retirement, and that is why Dustin makes certain it's one of the first steps he takes with clients: create a budget with all known expenses and build an income plan around it.

If you'd like to create a financial plan that accounts for all these risks, just text or call Dustin at the number on the website or book a free chat by visiting www.LongLiveMyMoney.com.

#RetirementPlanning #Taxes #WealthManagement #Healthcare #Inflation