3568: 5 Ways to Solve Your Top Retirement Concern - Outliving Your Money by Kathleen Coxwell on Retirement Security

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🗓️ 22 May 2026

⏱️ 10 minutes

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Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3568: Kathleen Coxwell explores the biggest fear many retirees face: outliving their savings. Drawing on insights from CPA financial planners, she outlines practical strategies for managing health care costs, taxes, housing, and investment risk so retirees can build more confidence and stability for the future. Read along with the original article(s) here: https://www.boldin.com/retirement/5-ways-to-solve-your-top-retirement-concern-outliving-your-money/ Quotes to ponder: “Using such financial products to provide guaranteed income streams can help you feel more comfortable, and confident, when it comes to making your money last in retirement.” “Retirement planning is complicated. You can do it on your own or you can get help.” “Mitigate the effect of market fluctuations with proper asset allocation, bucket strategies and the use of single premium annuities.” Episode references: Medicare: https://www.medicare.gov/ Continuing Care Retirement Communities: https://www.leadingage.org/topics/continuing-care-retirement-communities-ccrcs/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:21.8	dot UK slash podcast to learn more. This is Optimal Finance Daily. Five ways to solve your
0:28.6	top retirement concern. Outliving your money. By Kathleen Coxwell. Are you worried about outliving
0:36.1	your money? Join the club. This is one of America's biggest
0:40.2	retirement fears. More than half, around 57% of CPA financial planners cited running out of money
0:47.9	as the top concern for their clients, according to the American Institute of CPA's Personal Finance
0:54.1	Planning Trends Survey.
0:56.0	The survey sought insight from nearly 550 CPA financial planners, many of whom work with high
1:02.7	net worth individuals on the major retirement planning challenges and concerns facing Americans
1:08.4	today. When asked about the top three sources of clients' financial and emotional stress over outliving their money,
1:15.6	financial planners cited
1:18.6	health care costs at 76 percent,
1:21.6	market fluctuations at 62 percent,
1:24.6	lifestyle expenses at 52 percent%, unexpected costs at 47%, the possibility of being a financial
1:34.6	burden on their loved ones, 24%, and the desire to leave an inheritance for children, 22%.
1:42.6	Lyle K. Benson, chair of the AICPA's PFP Executive Committee,
1:49.6	in a statement on the survey's findings, said, quote,
1:52.7	With all the financial uncertainty surrounding retirement, running out of money is directly tied to a number of issues
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