Business
In this episode of Inside the Plan with the 401(k) Brothers, Bill Bush and Andy Bush, advisors at Horizon Financial Group, talk about Andy Bush turning 50-years-old. What ways is he approaching his retirement and which lifestyle changes matter to him more now? Learn strategies to let your retirement be a planned scenario instead of letting it creep up on you empty-handed. Episode Highlights: 00:50 – Andy Bush talks about turning 50-years-old. 01:38 – How does turning age 50 affect Andy’s retirement plans? 03:32 – What age do people start focusing on retirement? 05:20 – Generation X is facing a lot of credit card debt. 09:32 – Has Andy Bush done anything with his asset allocation? 08:22 – 50 is the milestone in life and lifestyle changes. 10:25 – AARP typically sends out information at 50. 13:10 – Most providers have great tools to research a retirement plan. 13:40 – Bill Bush reminisces about Andy Bush being born on the day of the Major League Baseball All-Star Game. 3 Key Points: Our inAge 45 used to be the typical age people started getting serious about saving for retirement. 53% of Generation X have credit card debt. What things can you do at 50 that will make your life easier at 70, such as diet? Tweetable Quotes: “The things I do now are certainly going to impact my final picture as far as what I have accumulated.” – Andy Bush “Time relentlessly keeps on ticking and whether you use it in a good way or a bad way, time has no regard for how you use it.” – Andy Bush “The Glide Path is I’m really aggressive when I’m 30, mostly invested in stocks, and The Glide Path is the glide to become more conservative.” – Andy Bush Resources Mentioned: Inside The Plan with the 401(k) Brothers-- Discover more about the Podcast Horizon Financial Group Contact Information: bbush@horizonfg.com Abush@horizonfg.com