This week, we're discussing various retirement risks like longevity, medical expenses, and the death of a spouse and how they affect you during your retirement.

Other things we talk about in this episode:

• How to avoid outliving your income
• Life insurance can make up the difference
• Differences between using a life insurance vs a pension plan during retirement
• Why medical insurance is so expensive before age 65
• Review of negative sequence of returns

Questions to ask yourself:

• What income will I be bringing in during retirement?
• What about long-term care?

 

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