Murs Tariq, CFP talks to Dr. Justin Trosclair, DC on A Doctor's Perspective Podcast We saved for 40 years now what and how do we plan to take out the money once we are in retirement. CFP Mars Turiq helps us understand the pitfalls and what to do now so we can be comfortable later. What are his views on the student loan forgiveness proposal? How do we manage a mortgage, student loans and retirement savings during this current virus situation? What type of goals setting does he find most important? Living within your means. A terrible sentence for some and the mantra of life for others. You can spend all your money on houses and cars etc but not amass affluence. CFP, Certified Financial Planner - Murs is a Fiduciary, but what does that mean for you? Fiduciary vs Suitability standards. He covers the differences. What is the ideal amount of money for retirement? How much does your expenses and standard of life dictate what is enough money to retire? If you are fully invested in the stock market, at what age is it a good idea to switch some to bonds, annuity’s, life insurance, real estate and more? Common pitfalls people make and could avoid when planning for retirement thats 10 years away or sooner. * what is your risk exposure to a fluctuating market* what is your plan for liquidate your retirement accounts so it lasts* social security benefits, pension withdrawals, 401k and Roth IRAs, real estate income, annuity income etc Is a 15% savings rate enough? Advantages of Roth vs traditional IRA retirement deal with pre or post tax savings. Mars sheds some light not just that taxes may go up in the future but what happens to the tax brackets could greatly affect your long term gain and tax burden. 529 Funds for your kids education. What happens if you super fund it and they don’t use it all? What can we do with that extra money and the taxes and penalties involved? What lessons can we learn from a 1st generation American? With a 1 year old and his own business, he finds that being present in the few hours he has with his kid and then his wife is paramount to keep the family side of life healthy. Podcast: the Daily, Rory Vayden Influential Personal Brand, Secure Your Retirement show since September Murs Tariq 10 years as a Certified Financial Planner with Peace of Mind Wealth Management. www.pomwealth.net Raleigh, NC Show notes can be found at https://adoctorsperspective.net/172 here you can also find links to things mentioned and the full transcript Full Transcript of the Interview (it will have grammatical errors and mistakes). Just Click to expand. Thanks audioburst! Episode one hundred seventy two year retirement now. What host. Dr justin trust glaring. Today mars respect during twenty seventeen eighteen. Podcast awards nominated best selling off author on amazon as we get a behind the curtain. Look at all types of doctor. And get specialties. Let’s hear a doctor’s perspective now the second month of the year. Twenty twenty one. I hope you’re still at the gym. I still hope you’re trying to reach your goals.