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Retirement Today: Not Your Parents Retirement
Manage episode 445629569 series 3423688
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Retirement today is vastly different from what your parents or grandparents experienced. Not only are people working longer, but they’re also living longer, too. With advances in medical technology and an increase in life expectancy, retirement has taken on a whole new meaning.
In fact, retirement can often be more costly than your working years, especially with rising medical expenses. That’s why it’s important to have a plan that accounts for not only the expenses, but how long you may need to be paying those expenses. That’s where having trusted advisors like Tad and Toni can be a huge help.
Here’s what we discuss in today’s show:
- The differences between your retirement and the retirement your parents had
- How being retired can be more expensive than working
- How annuities are different today than in years past
Key Takeaway
“Retirement portfolios today need to be designed to fund expenses for 30 or more years.”
We can assist you on your journey to financial freedom:
https://www.askfreedomfinancial.com/
205.988.0006
Listen to more content:
https://www.askfreedomfinancial.com/in-the-media/#radio
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