How Delaying Retirement One Year Can Greatly Impact Your Retirement | Pros and Cons Of Delaying Work

James Conole, CFP® September 27, 2022
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James Conole, CFP®

@rootfp

About

Hi, I'm James 👋 — a CERTIFIED FINANCIAL PLANNER™ and founder of Root Financial. Each week, I share videos to help you make smart decisions about saving, investing, spending, and tax strategies — all to help you get the most out of life with your money. But true fulfillment goes beyond finances, so I also explore how your values and money align to support the life you want to live. At Root, we help clients with retirement, investing, and financial planning. Learn more or schedule a call at rootfinancial.com. Root Financial Partners, LLC (“Root”) is a Registered Investment Adviser. Content may include topics related to tax planning and estate planning but should not be considered tax or legal advice. This material is for informational purposes only and not personalized advice. Investing involves risk. Past performance is not indicative of future results. Always consult your CPA, attorney, or financial planner before making financial decisions.

Video Description

One of the key questions when you are making your retirement plan is when to stop working. Oftentimes people have doubts about retiring too early or working too long. In this video, you can find an answer to the question is it worth delaying one year? What are the benefits to your portfolio if you decide to do so? ⏰ TIMESTAMPS 00:00 - Delaying Retirement Summarized 2:17 - Another Benefit Of Working Another Year 5:48 - Delaying Retirement Example 8:21 - Value Of Portfolio From Delaying 11:10 - Retire One Year Later For This 12:08 - Retirement Timeline Free Retirement Checklist Here: https://rootfinancialpartners.lpages.co/resources-root-financial-partners/ SUBSCRIBE HERE: https://www.youtube.com/channel/UCBNdQfS-fzODmYb8Hkr4egA?sub_confirmation=1 Join Community → https://root-collective-58ba64.circle.so/join?invitation_token=7d3099b487a7dac1d9e97518d6661caff82a14cd-e9ef17fb-3ff3-48ef-ac1e-1d1939c91ae0 _ _ For more resources and content, check us out below! Website // https://rootfinancialpartners.com/ Podcast // http://readyforretirement.co/ Instagram // https://www.instagram.com/rootfinancialpartners/ Facebook // https://www.facebook.com/rootfinancialpartners/ LinkedIn // https://www.linkedin.com/company/18347030 Other videos we think you'll like: Why I Started Root Financial Partners // https://www.youtube.com/watch?v=4UCGyw4hzzo&list=PL-4sAIB6PwPk3Qejgc2JWINHah2058bBG How Would You Feel If You Knew You Could Retire Today? // https://www.youtube.com/watch?v=4UCGyw4hzzo&list=PL-4sAIB6PwPk3Qejgc2JWINHah2058bBG What Makes Our Approach Different? // https://www.youtube.com/watch?v=4UCGyw4hzzo&list=PL-4sAIB6PwPk3Qejgc2JWINHah2058bBG -- Advisory services are offered through Root Financial Partners, LLC, an SEC-registered investment adviser. This content is intended for informational and educational purposes only and should not be considered personalized investment, tax, or legal advice. Viewing this content does not create an advisory relationship. We do not provide tax preparation or legal services. Always consult an investment, tax or legal professional regarding your specific situation. The strategies, case studies, and examples discussed may not be suitable for everyone. They are hypothetical and for illustrative and educational purposes only. They do not reflect actual client results and are not guarantees of future performance. All investments involve risk, including the potential loss of principal. Comments reflect the views of individual users and do not necessarily represent the views of Root Financial. They are not verified, may not be accurate, and should not be considered testimonials or endorsements. Participation in the Retirement Planning Academy or Early Retirement Academy does not create an advisory relationship with Root Financial. These programs are educational in nature and are not a substitute for personalized financial advice. Advisory services are offered only under a written agreement with Root Financial.

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