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Retirement Quick Tips with Ashley


Mar 28, 2021

It’s Sunday, which means...It’s recap time! The theme this week on the One Minute Retirement Tip was the biggest money worries for retirees

Here are the top money worries that I covered in each episode this week:

  • Outliving your money - by far the biggest money worry - it’s almost universal among all but the wealthiest Americans
  • Another top money worry - inflation!
  • I also talked about the risks of a big stock market crash, health care costs, and cuts to social security. 

Hopefully after listening to the One Minute Retirement Tip podcast this week, I talked about some worries that you have thought about and addressed these worries in a way that helps you take practical steps now to minimize the risk of these worries coming to fruition in your own situation. 

Tomorrow, we are starting a brand new theme: I Sold All My Stocks In 2020...Now What?!

2020 was an unexpected year for growth for the stock market. Most people stayed invested and rode out the covid stock market crash and subsequent recovery without selling. 

But what if you did sell in 2020? Surely you had a good reason to...a global pandemic that brought the entire global economy to a screeching halt. Then we had civil unrest through the summer and then a contentious election in the fall. 

Just keep your money invested, everything will be fine! 

Not everyone bought into that one, and I occasionally talk with people who are waiting for the next shoe to drop - if it’s not new strains of covid or worries of higher inflation that will bring the stock market back down, it’s bound to be something else. 

Many people who went to cash last year are frozen because the stock market is at it’s all time highs as I record this episode, and its no fun jumping back in at this point. So next week, I’ll talk about practical ways to get back into the stock market for those of you listening who may have gone to cash last year or are at least under invested in stocks at this point. 

And before you go, be sure to check out my YouTube channel - True North Retirement, where I post a new video every Sunday on helping you live a fulfilled and financially secure retirement. 

That’s it for this week! Thanks for listening and I hope you have a blessed Sunday! 

My name is Ashley Micciche and this is the “One Minute Retirement Tip”.

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