In episode 81 of Accessible Finance, Eric and Rachael Johns discuss how to create and fund your retirement bucket list without breaking the bank. They share their own bucket list items and emphasize the importance of quantifying costs and setting realistic goals. The episode covers key strategies such as setting up dedicated savings accounts, budget reallocation, and considering side hustles. They also stress the importance of not neglecting core financial principles like maintaining an emergency fund and avoiding debt. Tune in for insights on planning a financially viable and enjoyable retirement.

00:00 Introduction to Episode 81

00:17 Discussing Retirement Bucket Lists

00:42 Personal Bucket List Dreams

02:46 Funding Your Bucket List

03:17 Budgeting and Financial Planning

05:23 Creative Savings Strategies

07:10 Practical Spending Adjustments

12:30 Side Hustles and Extra Income

13:27 Balancing Bucket List and Retirement Plans

14:00 Avoiding Debt for Bucket List Items

14:54 Evaluating the Value of Experiences

16:55 Family Discussions on Vacation Preferences

20:09 Planning and Saving for Bucket List Items

25:05 Achieving a Balanced Retirement

25:27 Conclusion and Listener Engagement

Welcome to episode 80 of Accessible Finance with Eric and Rachael Johns!

In this rapid-fire session, Eric answers your most pressing retirement questions without his famous 'It depends' caveat. From the biggest mistakes made before retirement to whether you should downsize your home, we cover it all. Also discussed are Roth IRAs vs. traditional IRAs, how to estimate healthcare costs in retirement, and the safest investments for retirees. Don't miss out on practical, concise advice on these essential topics. Remember, this is for educational purposes only and not financial advice. Tune in now for all the insights!

00:00 Introduction and Favorite Phrases

00:45 Rapid Fire Questions Begin

01:48 Biggest Mistakes Before Retirement

03:09 Mortgage and Retirement

04:31 Roth IRA vs Traditional IRA

04:53 Savings by Age 60

05:58 Starting Late for Retirement

06:16 Social Security Timing

07:21 Reducing Taxes in Retirement

12:44 Healthcare Costs in Retirement

14:39 Understanding Medicare Supplement Plans

15:47 Exploring the 4% Rule for Retirement

19:07 Working Part-Time and Social Security

23:57 Avoiding Financial Scams

26:06 Leaving Money to Heirs

27:13 Reviewing Your Retirement Plan

28:57 Conclusion and Disclaimers

Welcome to episode 79 of Accessible Finance! Join Eric and Rachael Johns as they break down how to compare job offers beyond just the paycheck. Learn what benefits to look for, how to quantify those benefits, and why they matter more than you might think. From healthcare and retirement plans to paid time off and work flexibility, this episode covers everything you need to know to make an informed career decision.

🎙️ Have a financial question? Email us at podcast@equilibriumfp.com. Don't forget to like, subscribe, and share!

00:00 Introduction and Episode Overview

00:15 Evaluating Job Offers Beyond Salary

01:05 Understanding Healthcare Benefits

05:58 The Importance of Retirement Plans

12:08 Investment Options and Fees in 401k Plans

13:40 Finding the Summary Plan Description

14:04 Understanding Plan Fees and Expenses

14:26 Evaluating Investment Options

15:06 Advisor Fees and Plan Charges

17:26 Importance of Quantifying Benefits

19:31 Red Flags in Compensation Packages

20:13 Vesting Periods and Retention Tools

21:53 Transparency in Job Offers

23:30 Final Takeaways on Compensation Evaluation