Ep 87: Retirement Pain Points

We all want to be able to enjoy peace of mind in our retirement but there are some common pain points that we all have to work through. Let’s look at the areas of retirement planning that can cause you the most worry if you haven’t done the proper planning.

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Things You’ll Learn Along Today’s Journey

When you think about retirement, what areas of planning worry you the most? Running out of money is at the top of most people’s list, but there are some other pain points that retirees often run into without a proper plan.

On this episode of the podcast, Sean will tell you about the most common areas of concern when working with clients and how you can ease the pain and gain the peace of mind you hope to achieve in retirement.

As we mentioned earlier, not having enough money to last your full retirement is always the biggest fear. No one wants to be forced to return to work or significantly change their lifestyle to meet a tighter budget. But along those same lines, the next pain point is figuring out how to replace the paycheck you were used to earning. An advisor will help structure an income plan for you and determine the most efficient way to pull money from assets you’ve compiled and create that consistent stream of income you’ll need to enjoy retirement.

The next point of frustration is taxes. We feel this throughout our working career but it can get even murkier after you leave your job. The majority of people have their money in these retirement accounts that accrue value throughout your lifetime and then hit you with a nice tax bill when it’s time to pull it out. Then you add in all the other income you have like Social Security or tax-free accounts and it can get tricky trying to figure out where to pull your money from without having to give more than you should to the government.

And the final pain point we’ll talk about on the show is the anxiety around the market and when the next crash might come. It feels like we’ve been teetering on it for some time but no one can ever truly predict when a major drop will happen. The best way to approach it is to structure your investments to match your risk and your needs so that you don’t have to be checking your account on a consistent basis.

If you’re dealing with any of these pain points or don’t feel like your plan is properly preparing you for these concerns, get in touch and we’ll schedule a time to go through your portfolio.

Listen to the entire episode or skip ahead using the timestamps below.

[1:46]Fear of running out of money

[2:54]Replacing that paycheck

[4:36]Managing taxes

[6:02]Dealing with a long-term care event

[8:29]Anxiety around the next market crash


Looking Back From The Mountaintop

“How do you bundle it all together to create all the income you want in the most efficient way possible when it comes to taxes.”


Important Ages in Retirement

What are the milestone moments you face in retirement as you age? Today, we talk about some of the ages to keep in mind and why they are important as you reach each one. Whether you are a few years off or if you are right in the middle of these, thinking through what you should be doing with the money can make a huge impact in your financial life.


Portfolio Expectations

What are your portfolio expectations? Are they too high? Today we talk through an article that shares investor expectations on their portfolio and why, in many cases, they are higher than they should be.


Financial Fill in the Blank

Let’s play a game of fill-in-the-blank with Sean to see how he would finish off these financial statements. What will the market do to you? What’s the best way to set yourself up for success in retirement? What’s the biggest financial mistake retirees make?



For over a decade, Sean Lee has helped families reach and maintain their financial goals. As a trusted advisor, he coaches and assists his clients with their financial goals by focusing on the fundamentals and takes a practical and personal approach when working with them.

As a trusted professional in Utah, Sean has been featured in The Wall Street Journal’s Market Watch, The Deseret News, The Salt Lake Tribune and USA Today. He has also been featured as a local financial advisor on Utah’s NBC station, KSL 5.

Questions for Sean?



(801) 639-0095


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