Join us on this eye-opening episode of Crazy Good Ageing as seasoned wealth advisor, author, and trainer Erin Botsford walks us through the financial realities every future retiree needs to face before even talking dollars and cents. Erin kicks things off by highlighting why mitigating risks, like unexpected medical emergencies or family disasters, where you may have to step in to cover expenses. Planning for these risks is just as crucial as building your nest egg. Through real-life examples, she shows how one shock can derail years of careful planning, and what you can do now to protect your hard-earned savings.
Next, Erin dives into the nuts and bolts of determining exactly how much money you’ll need to enjoy the retirement lifestyle you want. From mapping out monthly expenses to accounting for travel, hobbies, and long-term care, she provides practical tools for creating a personalized budget that aligns with your goals. Whether you’re already retired or just starting to save, yo...