How to Not Fail at Retirement with Author Mike Drak

The Retirement Power Hour

Most people are worried about having enough money saved for retirement; but financial planning alone, without lifestyle planning, is a ticket to Retirement Hell. In this episode of The Retirement Power Hour, Joe Allaria, CFP®, sits down with Author Mike Drak to discuss his book “Longevity Lifestyle by Design” and how to avoid failing at retirement.

About Our Guest
After a thirty-eight-year career within the financial services industry, Mike Drak experienced what he has now termed “retirement shock”. As a result, Mike spent the next 6 years doing research about retirement which resulted in his best-selling books “Longevity Lifestyle by Design” and “Victory Lap Retirement” based on his realization that full-stop retirement doesn’t work for most people." Mike works with his wife, an investment advisor, to help clients design a fulfilling retirement.

Along with being a best-selling author, Mike is also a public speaker and retirement lifestyle designer. He has received awards for his writing, and you can find his articles at Booming Encore.

Resources Mentioned on the Show
Download the Book and Worksheet here for free
Longevity Lifestyle by Design on Amazon

Listener Question
I am trying to get information on spousal benefits and just watched your episode 12, excellent presentation. My husband is 73 and began taking SS benefits at full retirement age. I am now 66 and eligible for my own full retirement benefit, but a financial advisor recommended filing for the spousal benefit until switching to my own (higher) benefit at age 70. Do we both need to be born before 1953 for me to have this option? If you can answer, that would be so helpful since it is very difficult to get an appointment with SSA

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Disclaimer:
All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of , a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

Learn more about CarsonAllaria Wealth Management at https://carsonallaria.com/