What are the common financial concerns of those in their 60s and 70s? Bill and Anastasia tackle the third and final life stage to discuss common questions that individuals ask before, during, or after retirement. How should you balance your portfolio in this life stage? How do you receive Social Security benefits - do you have to register for it? As your health expenses typically increase in this age, how much can you expect Medicare to cover? When should I consider selling my house and downsizing to a smaller space, or moving to a retirement home? How should I plan to assist children or grandchildren with expenses (education, weddings, etc)? And the question on everyone's minds: When do you have enough money to retire?

If you haven't yet, be sure to check out our previous two related episodes, Financial Challenges of Your 20s and 30s and Financial Challenges of Your 40s and 50s. For questions and comments, you can email us at [email protected].