Retirement Hacks
Financial literacy is taught incorrectly. Or… not at all.
They way to teach financial literacy is “just in time” training. No, you don’t need to know everything, you just need to know enough to make the right decision when it is the right time to make the decision.
For instance, do you need to know everything there is to know about mortgages at all times? No! You just need to understand the mortgage process when you are buying a home. This happens, what, two or five times in your life? Wouldn’t it be nice to have a hack to understand mortgages just in time?
That is what Retirement Hacks are all about. You don’t need to understand every aspect of retirement planning at all times. You just need to know what the right thing to do is when it is the right time to do it!
What are Retirement Hacks?
Retirement Hacks are a series of lessons about issues in retirement that provide just in time education.
What are the considerations? When should you be thinking about it? What are the pitfalls and the external contingencies that affect your decision?
What do you need to know – now—in order to make the right retirement decisions?
Retirement Hacks help you get the 80% of the information you need to make the best decision for your DIY Retirement.
Who Needs Retirement Hacks?
Retirement hacks are indicated for those who want to have an active part in their retirement plan. Yes, you can outsource retirement planning, but even if you do, you need to understand the parts that make up the plan. Do-It-Yourself Retirement planning is not for everyone. For those who chose to go it on their own, however, just in time education is key for success.
You can use retirement hacks to help you make the right decisions for your retirement at the right time. After all, say for social security, you only need to make the right decision once. Do you need to understand the 1000’s of different claiming options, or do you just need to understand what is best for you?
Examples of Retirement Hacks
What are some examples of retirement hacks?
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