Common Sense Financial Podcast
The Biggest Threat to Retirees
Not developing a plan for yourself to address potential retirement challenges is a gamble, that you may later wish you had done something about. There is more at stake than just avoiding a decision or thinking no decision is better than the wrong decision.
In this podcast, we will discuss nine specific threats that are always lingering and are threatening your cashflow. Inflation, sequence of returns, unfilled income gaps, market risk, interest rate risks, taxes, long term care expenses, rising health care costs, technology and medical advancements are all real concerns that you need to think about.
These are without a doubt the biggest threats and if left unchecked can really cause problems for retirees who have not planned well to overcome them.