Retirement Planning Quiz: How Ready Are You?
Description
đ⨠Get in touch with Chessman Wealth: https://www.chessmanwealth.com/Â
Think youâre ready for retirement? Letâs find out. Today, weâll put you in the hot seat with a rapid-fire retirement quiz. Five questions. Multiple choice. Real-world consequences. Social Security timing, IRA limits, and RMD rules arenât just triviaâtheyâre decisions that can make or break your financial future.
Along the way, Wade explains why so many people miss the mark, clears up common misconceptions, and shows how a simple rule of thumb like the 4% rule can backfire if you donât have a customized plan. So grab a pen, keep score, and see how you measure up. If you donât ace this quiz, donât worryâyouâll walk away with clear action steps to boost your retirement readiness and confidence.
Hereâs some of what we discuss in this episode:
đ§ Test your retirement knowledge with 5 key questions
đ°ď¸ Why Social Security timing is critical
đ IRA contribution limits for 2025 explained
đ Which accounts require RMDs (and which donât)
â ď¸ The biggest risks retirees must prepare for
Get in touch with Chessman Wealth: https://www.chessmanwealth.com/Â
The opinions voiced in The Money Knight podcast with Wade Chessman of Chessman Wealth Strategies are for general information only and are not intended to provide specific advice or recommendations for any individual. Past performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Investing involves risk, including possible loss of principal. No strategy assures success or protects against loss. To determine what may be appropriate for you, consult with your attorney, accountant, financial or tax advisor prior to investing.
Investment advisory services offered through CWM, LLC, an Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.