Kristina discusses the lessons we can learn from historical monarchs about money and apply them to retirement planning. She explores the financial strategies of Henry VIII, Louis XVI, Philip II, and Charles I, highlighting the importance of long-term planning, proactive financial management, transparency, and accountability. She also emphasizes the need to avoid overextending oneself, make wise spending decisions, and seek the guidance of a financial advisor. Kristina explains the concept of the financial red zone, which refers to the period close to retirement where individuals need to be conservative with their finances and have a decumulation strategy.

Reach Kristina at 844-823-6387.

Powerful Legacy Insurance and Financial Services

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Kristina explores the intersection of presidential races and economic policies and how they could affect financial futures, particularly for those nearing or enjoying retirement. She discusses past presidents and the economic policies of their administrations, highlighting lessons that can be learned. She touches on topics such as high inflation, high interest rates, Social Security taxation, and the Affordable Care Act. The conversation emphasizes the importance of proper retirement planning, including budgeting, living within one's means, and avoiding procrastination.

Reach Kristina at 844-823-6387.

Powerful Legacy Insurance and Financial Services

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Kristina shares proactive strategies to sidestep common errors and secure a comfortable and stress-free retirement. She emphasizes the importance of starting retirement planning early, even in your 20s, and highlights the benefits of saving even small amounts. She also discusses the importance of managing debt, prioritizing contributions to investments, and considering Roth conversions to lessen the impact of required minimum distributions (RMDs). Additionally, Kristina emphasizes the need for long-term care planning, maintaining a healthy lifestyle, and setting financial goals that go beyond just money.

Reach Kristina at 844-823-6387.

Powerful Legacy Insurance and Financial Services

See omnystudio.com/listener for privacy information.