Most baby boomers don't have access to pensions, and with the longer lifespans of today, chances have grown that they may run out of money. Health care and inflation are huge concerns. The Retirement Compass process takes inflation into account, as well as health care, growth, legacy planning and, of course, income.

Takeaways

• Tim also answers listener questions concerning free time in retirement, rebalancing assets as retirement approaches
• Organizing accounts and statements before getting a plan put together with an advisor
• Tim also announced the birth of his second daughter June 21st. Hattie Jo weighed in at just under seven pounds. Mother and baby are doing fine