5 Spending Mistakes That WILL END Your Retirement Early

Thanks Eric, this was very informative and helpful advice!

This video was helpful, especially considering my plans to retire early (at 55) in four years. This is also my first time on this channel, and I love how Eric breaks things down so simply. He provided valuable insights on Roth conversions.

Great advice in planning!

I think your advice is very very on point so folks don’t overlook the more important ways to monitor their money. Thank you !

Very analytical and very accurate my friend

Great Video!

I put my annual subscriptions (renewal dates) on my calendar. This reminds me to review and decide whether I want these subscriptions to auto-renew. (These subscriptions can add up!)

Outstanding content, Peak Financial Planning, well done!

Well done video! Roth is wonderful - but Roth conversions, at least in my case, are just too expensive!

This was very good. Thank you.. As someone who hopes to retire in less than two years I am consuming retirement planning videos regularly. One of the things I never see accounted for in retirement planning videos is the cost associated with the financial planner, especially if it's something like 1% of the value of assets under management. Have you addressed this in previous videos? If not can you address it in a future video. Thanks.

What are your recommendations for automation spending tool?

Can you share how you arrived at the $10,588 for the taxes. It was a 15% tax bracket and the spend was $60K. I'm not an accountant so I need some help. $60K x 15% is only $9K? I know I'm missing something.

If someone has reached retirement, not realizing they have property taxes and insurance on a recurring basis, is not likely to have put in the thought regarding their retirement savings.

I’ve been retired 17 years comfortably and none of this applies. It’s a big scare tactic!

This is fantastic! Withdrawals shouldn’t be linear. You always want to draw from buckets in a way to maximize tax savings.

I have been retired for five years now. Although I've been adhering to the 4% rule, things are challenging as I did not anticipate. 30% of the $600K I invested in st0cks is lost to the market. How can I diversify my portfolio for retirement

Good content, but regarding Roth Conversions ~ your calculation thought process assumes future tax rates will be the 2026 (the 2017 pre-Trump Tax rates) which may or may not be correct. There are strong arguments for much higher tax rates in the future ... Also, you did not address / comment on "filling tax brackets" or how low our current tax rates are (at least through 12.31.2025), taxation of social security (s.s.) income and IRMAA Also, one wants to keep enough in their qualified (IRA, 401k, etc) accounts such that the distributions from them are less than the IRS' standard deduction ~ so one effectively pays zero taxes on those monies (tax deferred going in, no tax upon distribution). For myself, I am filling up the 24% tax bracket with Roth conversions for the next couple of years ~ while rates are low and I have the monies to pay the taxes. Then my future distributions will not be taxed, which will help to keep most of my s.s. income free of taxation as well as avoiding IRMAA risks ... Also, I put the qualified dollars aside when I was in a higher tax bracket, so I am already saving on the conversions from the start. Anyway, keep up the good work ... all the best

Either way they are leaving a ton of money to someone. It looks like they need to increase their spending overall and enjoy their money more in their lifetime.