Is your retirement portfolio truly diversified, or does it just look that way on paper? In this episode from this past weekend&rsquo;s radio show, Mike Douglas explores the risks of concentrated investments, the growing influence of tech stocks, and why diversification is about more than simply owning multiple funds. He also discusses how changing tax laws can impact retirement planning and why a proactive strategy for income, taxes, risk, and estate planning may help retirees adapt to changing market and legislative environments. Learn why every retirement plan should include a backup plan before it's needed. Schedule your complimentary appointment today: <a href="https://mylifeplanfinancial.com/radio/">MichigansRetirementCoach.com</a> &nbsp; Follow us on social media: <a href="https://www.youtube.com/@LifePlanWealth/videos">YouTube</a> | <a href="https://www.facebook.com/LifeplanFinancialDesign/">Facebook</a> | <a href="https://www.instagram.com/lifeplanfinancialdesign/">Instagram</a> | <a href="https://www.linkedin.com/company/lifeplan-financial-design">LinkedIn</a>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

How Much Money Do You Really Need to Retire in 2026?

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About Mike Douglas, President and Advisor at LifePlan Wealth Design:
Mike Douglas specializes in wealth management and retirement planning at LifePlan Financial Design. Previously, he spent many years in the service industry, focusing on account management and business-to-business relationships.
His CFP® professional and financial planner certification and MBA round out his unique insight. He combines those experiences with his life, health, and Series 65 securities licenses and training to help families pursue their financial goals.
Mike and his wife, Kimberly, live in Howell, Michigan, with their four young children: Gavin, Zachary, Kaleb, and Emmalyn, along with one Shorkie (Shih Tzu/Yorkie), Satchmo. He enjoys doing anything with his family – sports, gardening, cooking, fishing, and more. Mike plays the piano and several other instruments at church and also enjoys golf and running. A former college football and tennis athlete, he completed his first marathon in 2017 at Walt Disney World.