060 – Retirement Planning 

In this episode, KT discusses:

  • How long 6% savings might last after retirement.
  • Retirees are now living longer than they have before and how that has changed the way we must look at retirement.
  • Ways to shore up your retirement.
  • Things you can do now to make sure you are handling your money now to give you the best retirement possible.

Key Takeaways:

  • People that make a lot of money tend to be better savers, but they also continue to be a bigger spender.
  • Start saving now and start increasing what you save each year.
  • Increase your saving percentage by 2% each year until it is a good amount.
  • If you are young, get the time value of money on your side.

“We are coming up to open enrollment season, this may be the year for you to decide that you’re going to move off the mark.”KT Thomas

 

Click here to reach KT 

See KT’s interview on C-Suite Network’s Best Seller TV

Connect with KT Thomas: http://ktsmoneymatters.com/

Purchase KT’s book- The Hardworking Woman’s Guide to Money 

 

Show Notes by Podcastologist: Chelsea Taylor-Sturkie

Audio production by Turnkey Podcast Productions. You’re the expert. Your podcast will prove it.

About the author, Kathleen

Kathleen Thomas, who often goes by KT, has over 25 years of experience in the financial services industry and understands the need for women to take control of their financial lives.

A Certified Investment Management Analyst, Chartered Life Underwriter, and Certified Financial Planner™ practitioner, Thomas earned her degrees in Finance and Political Science from Salem College.

Prior to founding NewDay Solutions, an independent Registered Advisor Firm, Thomas spent 20 years as a private wealth advisor for Ameriprise Financial Services. Many of her earliest clients continue to work with her.

Thomas is an avid long-distance runner and triathlon participant. She has completed the Boston Marathon seven times and the Ironman Distance Triathlon three times. She has volunteered as coach and mentor for Girls on the Run New Hampshire and Team in Training.

Raised in Newton, Massachusetts, Thomas now lives in Seabrook, New Hampshire, with her husband, John. They have one daughter.

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