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This week, Grant Dorhout discusses the impact of living costs on retirement savings, and the significance of interest rates in the current economic climate. He emphasizes the need for a comprehensive retirement strategy that includes considerations for healthcare, taxes, and income planning. The conversation also touches on the pros and cons of low-risk portfolios and the necessity of creating a reliable income stream in retirement. He also touches on tax planning for the upcoming year, the value of experiences over possessions in family travel, and the increasing trend of aging at home with the help of technology.
This week, Grant Dorhout discusses the impact of living costs on retirement savings, and the significance of interest rates in the current economic climate. He emphasizes the need for a comprehensive retirement strategy that includes considerations for healthcare, taxes, and income planning. The conversation also touches on the pros and cons of low-risk portfolios and the necessity of creating a reliable income stream in retirement. He also touches on tax planning for the upcoming year, the value of experiences over possessions in family travel, and the increasing trend of aging at home with the help of technology.