How to Change Careers at 55 Without Ruining Retirement

Want to learn more about financial planning? Please subscribe to our channel and you won't miss a video ➟ https://bit.ly/33RO6mV Book an appointment with Phil to get your customized planning process started ➟ https://www.afswealthmgt.com/schedule... After years in the corporate world, you’re ready for something different. Something hands-on, flexible, or more meaningful. But the big question looms: will it wreck your retirement plan? In this episode, Phil dives into the financial and personal realities of changing jobs at 55, showing how to make the leap thoughtfully while still protecting your long-term goals. Here’s some of what we discuss in this episode: 📈 Why rerunning your numbers can save your future plans 💸 The real risks of dipping into retirement accounts early ⚕️ Surprising costs you face when you lose employer benefits 💡 Smart business planning for your second-act career 0:00 – Intro 2:00 – Listener Question 5:05 – Using Retirement Accounts to Start a Business 8:00 – Health Benefits in Self-Employment 11:00 – Action steps before making the leap 13:56 – Run the Risk Analysis 16:40 – Final Takeaways (Do Your Research) _______________________________ RESOURCES Website: https://philstaxhacks.com Phone: 248.888.7530 Email: pputney@afswealthmgt.com Get your copy of The Tax-Smart Retiree: https://www.thetaxsmartretireebook.co... CONNECT 🤝 Facebook:   / afsfinancialgrp   Twitter:   / philputney   LinkedIn:   / about