Understanding Retirement Risks Before They Impact You

About this episode

Tim Wood discusses the importance of understanding retirement risks and common planning mistakes as one approaches retirement.

A one‑in‑three chance of recession may not sound certain—but it can feel very real nearing retirement. In this episode, Tim Wood explains why even a small probability of market downturns matters when you only get one chance to retire. The conversation explores sequence‑of‑returns risk, the importance of protecting income, and why understanding retirement terms like RMDs, IRMAA, and longevity risk can shape long‑term outcomes. Tim also discusses common planning mistakes, how to reduce exposure...

People in this episode

Host: Tim Wood

Topics covered

• retirement planning
• market downturns
• income protection
• retirement risks
• financial mistakes
• long-term outcomes

Keywords

• retirement risks
• market downturns
• income protection
• RMDs
• IRMAA
• longevity risk
• financial planning

Mentioned in this episode

Organizations: Safe Money Retirement Show

Places: retirement

More episodes of The Safe Money Retirement Show

• The Small Retirement Mistakes That Can Grow Over Time · June 12, 2026 · 33 min
• The Two Biggest Worries in Retirement Planning · June 5, 2026 · 31 min
• The Income Gap Many Retirees Don’t See Coming · May 29, 2026 · 32 min
• The Retirement Decisions That Go Beyond Your Portfolio · May 22, 2026 · 29 min
• The Shift Toward Guaranteed Income in Retirement · May 15, 2026 · 29 min
• Why Market Recoveries Still Feel Risky Near Retirement · May 1, 2026 · 31 min