5 Years From Retirement? Here’s Exactly What To Do

Comments · 65

• RE

  @realsteel8113 · 6 months ago

  This is the video every 50-55 year old needs !!!! 👍🏼

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• KE

  @kevinberta8741 · 6 months ago

  If you are one year out from retirement and you don't know your spending capacity, you likely aren't prepared for retirement.

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• DA

  @davids.688 · 5 months ago

  &quot;This isn&apos;t some fluffy bullshit about how you feel about yourself...&quot;<br><br>This is the first time I&apos;ve heard Eric use &quot;language,&quot; so when it happens, it probably means something profound is forthcoming. As it turns out, this video does not disappoint. (None of his do.)

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• DA

  @dalgguitars · 2 months ago

  Gosh I really like what this guy says. &nbsp;I really like all his videos.

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• MA

  @MARRRRC0P0L0 · 6 months ago

  Your content is top shelf, and I personally really appreciate it. &nbsp;Thank you…please don’t ever stop. &nbsp;We need you now more than ever.

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• AM

  @Amurello949 · 2 days ago

  Great video. So much information. &nbsp;Really appreciate your clarity and advice.

• JO

  @jovarodriguez169 · 5 months ago

  All of the points made are excellent !!!! Thanks so much for all of these. Will keep review ing this one

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• KA

  @katiehall6557 · 5 months ago

  Really good info, once you got into it. Maybe consider that if someone clicks on a video for what to do 5 years before retirement that they don’t need 10 minutes of analogies convincing them it’s important to start 5 years out? We wouldn’t be here if we weren’t ready to plan the roadtrip to the moon already, so thanks for the prioritization of when to figure specific things out.

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• SK

  @Skicub7788 · 6 months ago

  It’s easy to get lost in the weeds at each stage in the process. &nbsp;This overall 5 year approach is extremely useful and will definitely help generate better questions for my planner. &nbsp;Many thanks Eric!

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• MA

  @ManishSabu-c7n · 3 months ago

  A couple of items that I would recommend adding in the 5 year plan:<br>- If you don&apos;t have a Roth account (IRA or 401k) then start it now. There are some 5-year eligibility rules around Roth and starting it 5 years prior to retiring will help you mitigate some or all of them.<br>- Start planning your post-retirement activities and spend some time testing them out (e.g. new hobbies, volunteering etc.). Maybe, you will like them, maybe you won&apos;t, but these years should be used to &apos;dip the toe&apos; into different activities that will make your retirement fulfiling.

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• FL

  @FLOODOFSINS · 4 months ago

  I work for 50 years waiting for my retirement. &nbsp;A co-worker turn to me and asked how I was planning. &nbsp;I said from high school dropout YouTuber with no prospects and no hope and he&apos;s going to teach me finance😂. &nbsp;The guy says me too and we both laugh our asses off.😂

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• DA

  @davila0893 · 6 months ago

  Thank you for this timely video. <br>Definitely a lot to take in, especially since I plan to retire on March 2027 at age 57. <br>I&apos;ve worked on most of what you mentioned on this video, but definitely need to update my Estate planning, it&apos;s been over 10 years since I&apos;ve looked at it.<br>Luckily company offers medical coverage when I retire, still plan on paying around $1200 month (wife of 33 years (of marriage) and 16 year old high schooler, still at home; they just won&apos;t leave) until Medicare kicks in. <br>Since I am within the, &quot;one year before retirement&quot;, I have to absolutely start reeling everything in. &nbsp;<br>Hopefully after I take care all the numbers part, I can work on the &quot;Fluffy bulls--t&quot; part. Ha-ha, Love it!!!!

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