Retirement comes with a lot of potential risks, but two stand
out – longevity and health care – because they are big unknowns.
Jeff Gove addresses these as well as more known factors such as
taxes and being prepared.
The Retirement Compass process takes planning into account
through age 95 to address the issue of longevity. Their software
gives a probability of success for each individual plan
Health care is expensive and Medicare plans have numerous
options available – one of which can fit any situation. However,
long term care is not covered by Medicare and needs to be addressed
separately
Most people don’t think about control of taxes, but in
retirement you can determine when and how you can pay them. You
also have control of your tax bracket, which will help determine
the amount of taxes you pay
About the Podcast
Financial Advisors and Retirement specialists Tim Kulhanek and Jeff Gove dive into various retirement topics concerning your retirement.