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Ep 137: US News Article Review - Still Plan for 95?
- 2025/03/04
- 再生時間： 10 分
- ポッドキャスト
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サマリー
あらすじ・解説
In this episode of the Retire with Peace podcast, host Dave Zaegel discusses the importance of planning for retirement, particularly the debate around whether retirees should plan to live until age 95. He emphasizes the need for a conservative approach to retirement planning, considering potential medical advances and the risk of outliving one's savings. Additionally, he encourages retirees to spend more in their early years to enjoy life while they are still active, balancing the need for financial security with the desire for enjoyment in retirement.
Takeaways
- Most financial advisors plan for people to live until age 95.
- Planning for a longer life expectancy provides a safety net.
- Statistically, many people do not live until 95.
- Medical advances could extend life expectancy beyond current projections.
- Spending patterns typically decrease in the 80s but may rise again due to healthcare needs.
- Retirees should feel empowered to spend more in their early retirement years.
- Having five years of income set aside is a recommended strategy.
- Enjoying retirement early can lead to a more fulfilling experience.
- Planning for longevity helps prevent running out of money.
- Balancing spending and saving is crucial for a successful retirement.