In this episode Tim and Jeff talk about the biggest concerns
retirees have going into retirement.
Takeaways
Running out of money is the biggest concern of retirees. One of
the big reasons for this is the possibility of going into long term
care, which is expensive and rising in cost faster than regular
inflation
Longevity risk - the possibility of living a longer life than
you might expect - is also a big concern
Market risk concerns people because for those still working,
most of their money is in 401K accounts, which have only market
investment choices. When the markets are down, such as in 2022,
this lowers the amount of savings available
About the Podcast
Financial Advisors and Retirement specialists Tim Kulhanek and Jeff Gove dive into various retirement topics concerning your retirement.