There were a lot of things that were different back then, for maybe past generations, than they are for people retiring today. So we're going to talk about how things are different now than they used to be.

Gone are the days when retirees could rely solely on pensions and Social Security. Today, proactive planning is crucial for a sustainable financial future. The episode with Eric Hogarth, CFP®, highlights that Social Security was never meant to be the only source of income in retirement. With life expectancies increasing, the need for a robust strategy that accounts for a longer retirement phase is more important than ever.

Here's some of what we discuss in this episode:

• How planning has changed with pensions becoming rarer every year.
• As longevity increases, how does that impact Social Security and other aspects of planning?
• Lower interest rates on savings and fixed-income investments complicate income generation.
• Estate planning considerations you need to think through.
• Financial literacy is even more difficult as the investment landscape gets more complicated.

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