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In this episode, we ask:
- Does your birthday fall between 1946 and 1964?
- How much of the American population is in the Baby Boomer generation?
- Which Americans qualify for retirement?
- Are you ready for retirement?
- Will you have enough cash (for basic living expenses)?
- Will you have to work longer?
- Are Boomers prepared for retirement?
- What happened to pensions?
- How much is enough? How do we know?
- If we have $1M saved in a nest egg, how do we know how much to take out each year?
- What is the 4% rule and why is it problematic?
- Who is Morning Star?
- What is their Low Bond Yields and Safe Portfolio Withdrawal Rates study?
- How does the current economic environment affect seniors who are mostly in bonds?
- How does a 60/40 blend in retirement affect retirement income?
- Who is David Blanchett?
- Who is Wade Pfau?
- Why do we need to look at a 2.8% (or lower) withdrawal rate in retirement?
- Will you remain independent and healthy in retirement? Will Long Term Care needs affect your income in retirement?
- Is your future self a stranger?
- What will you look like when you’re older?
- Can’t we cross that bridge when we get there?
- Can you live your best lifestyle in your retirement years?
- Will you be forced to choose between buying medication or food for the week?
- What is your story?
- What are the steps?
- Start saving
- Save more
- Increase your savings every year
- What does retirement even mean?
- Where did the retirement age come from?
- Why is the ability create so central, regardless of age?
- What’s the next chapter going to look like?
- What are you passionate about?
- What work do you love?
- What do you want to do (for as long as you are able)?
- In our next episode in this series, we ask: What are the different possible income streams in retirement?