Euclid, Josh, Manny discussed on The Retirement Factory with Euclid Financial
Well, here at Euclid all of the advisers are an essay certified if you're not familiar with that that is a social security certification. It says that we are able to do the calculation. We know how to do it. We know where the function as we know the benefits of the security. Department. We know how the functionality of the federal government works and the state level functions. If you are questioning window triggers so security, you need a written report that is what that report will do first and foremost, then the second will be windy sugar pension, and then when you trigger your other assets of support, and how do you get through your guaranteed money, you're predictable money and your flexible money, if you weren't familiar with anything, I just said, you definitely have to call Euclid and make sure that you get on the docket to get one of these reports because it'll become very clear, and you get the moment, and it will save your retirement. Yeah. Josh, I'm actually glad that you just touch base on those three types of income sources that are available to people because when when you go into your gogo years. This usually two things that immediately happened has a retiree one. You start thinking do I have enough money to cover all my basics, and you start going through your budget, and you go, well, I've got six thousand dollars a month coming in every month now while working that's what has caused me to run my household. That's exactly what I need to just maintain my lifestyle, my standard, and that's not going through. Well, what about? Fun. What about what about my job sort of what my purpose, but that's also not taking into account. They're going to be other expenses that are going to go down. So you have to kind of take a step back and say, okay. That's my first starting point how much of that do I actually need coming in on a day-to-day basis, and how much do I need to know that I could turn on and off when I'm ready. Yeah. Many you're exactly on page of a lot of anxiety. And you need you need that confidence. And so if you're looking for more research, and you want to find out what's the retirement factory has the offer. Or you have a question about Euclid. Go to WWW Euclid f s dot com. That's E UC L I, D F isn't financial and services dot com. And you'll be able to get well a very good understanding you can see videos. You can see instructional. You can see. Well, you see Manny the money man resent as you can see Josh the format you can go and check out of the gogo slow. Go Nogo years. They're all in one place. When you're talking about the go go years, those are your rockstar years. Those are. Here. I'm going to get everything in line years. If you have a written income reporter, you have this well roadmap you have this plan. And I don't mean just this plan that's going to be just through a very small segment of your life. The gophers can last five ten years which sounds like a lifetime. But it's not there's another stage to it. And that's the slow go years in the Nogo years. And so you have to know what the entire plan is. And so one of the biggest questions that come up as well. What is the income? Look like how does it? How does it fit together in? Why do I have to have a budget for it? It's so that you know that you can take the riverboat cruise. So that you know that you can do the bucket list. So that you can stay regenerate. So you can set these romantic vacations to to rekindle things. I think the key. Takeaway from is. It's giving it gives you structure it gives you a format and a path that you can run on. Because once you set your budget and you set the lifestyle, or at least the income that you have coming in on a day-to-day basis. Now, you know, okay. I've got x amount coming in. I have this much in reserves to spend on whatever I want. And I have this much reserves to make sure that when life gets in the way, I'm okay? And then now, you can just customize your budget to what you are trying to do with that moment and still be ready for the future. Well, yeah. Manny. It's exactly what it is. When you definitely. Get into this goal set. Because if you go go years if you wake up, and you don't have a goal or you don't have a purpose or you don't have what you're trying to do in that day. You're you're not going to do anything and think back to when you were working or when you're working now, if you're working baby-boomer, your if you don't know what's going to happen. You'll have your to do list going at work you get lost. And you get sidetracked by every little shiny object. And you've heard this in real retirees. And they say, oh, my God my schedule so full. I don't even know how I had time to work later. I don't know how to do that's shiny objects syndrome that is too many shiny objects pulled them in two major directions. And it's fine. If you're in your retirement vacation, but if you're in your go, go years, and you're still under shiny object obligation. You are running yourself into slow go years faster than anybody ever. Could imagine you're ready to get into your kids. Get off my lawn stage. That's that that's that time period where you're just you don't have a direction or purpose. And so what's happening? Is you start to kind of question? Well, what do I actually know about how much I can actually spend or actually be able to spend every week in retirement? Do you know without a shadow of doubt that you actually have enough money to. Last matter. How long you live look these are questions you must get the answers to before you retire while there's still time to prepare and make sure that your money last.