Retirement planning is essential at every stage of life, but strategies vary depending on age. Judy Brown, SC&H Wealth Principal & Wealth Advisor, joins Wealth! to discuss age-specific retirement and investment planning strategies.

For pre-retirees, often in their "highest earning years," Brown recommends account diversification. This approach allows individuals to "manage their tax brackets in retirement." However, the strategy differs for younger adults who are typically just entering the workforce and often burdened with student loan debt.

"Mostly at that age it's about educating and helping these young people instill habits so that they can set themselves up for the long-term with financial success," Brown told Yahoo Finance. For older individuals, she advises mapping out "a lifetime tax-efficient strategy" to maximize benefits from 401(k)s or Roth IRAs.

Given that it is an election year is underway, Brown advises individuals focus on the long-term. "There's always gonna be volatility with this election, the next election... with anything that happens," Brown told Yahoo Finance, emphasizing that individuals so focus on their personal goals rather than timing the market.

For more expert insight and the latest market action, click here to watch this full episode of Wealth!

This post was written by Angel Smith