Are you scared of running out of money—especially in retirement? Join the club! It can be scary for retirees to find their cash flow running dry. So, we need to start preparing, and saving your money now, so that you can be financially stable in retirement. No one has a crystal ball, but there are certain factors, such as inflation and taxes, that we can prepare for now in our financial planning that will give us security down the road. If you’re worried about having a steady and consistent flow of money in retirement, start thinking now about “tightening your belt just a little bit” so that it will go a long way in retirement. This episode covers different tips, like diversification and budgeting, that can help you building our financial plan for retirement. Jim reminds us that what’s important is planning your finances well now so that you can retire awesome later. And remember, the only thing certain is uncertainty itself, so be ready to adjust your financial plan and how you spend and save your money. Creating a thorough, realistic financial plan for retirement doesn’t mean constantly worrying about money and cutting out things you love; it just means being smart with your money!Check out the Retirement Challenge with the Retirement Planning Guy to make sure you’re on the right track to retirement!