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Retirement Answer Man

Estate Planning in Retirement: The Basics

Retirement Answer Man

Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Education, Investmentmanagement, Saving, Self-improvement, Careerplanning, Retirement, Business, Lifeplanning, Investing, Retirementplanning, Financialplanning, Retirementpodcast

4.61.2K Ratings

🗓️ 1 July 2020

⏱️ 55 minutes

🧾️ Download transcript

Summary

One important aspect of retirement that not everyone is prepared for is estate planning. People avoid estate planning for various reasons, but a properly done estate plan is more than just documents. An estate plan is a way of continuing relationships...

Transcript

Click on a timestamp to play from that location

0:00.0

Death ends a life, not a relationship.

0:04.4

Mitch Album, Tuesdays with Mori.

0:07.2

I am going to die.

0:11.8

So are you. We all I am going to die.

0:13.2

So are you.

0:14.7

We all are, but our relationships, the things that we leave for others

0:19.7

will live on.

0:20.4

And part of that is creating a great estate plan.

0:24.0

And that, my friend, is what we're going to talk about today and this entire month on the

0:29.6

retirement answer man show.

0:31.6

Welcome to the show. My name is Roger Whitney. I am your host and this is the

0:36.2

show dedicated to helping you not just survive retirement, but to truly rock retirement.

0:42.1

Rock your life, your one life. So this entire month,

0:45.9

we're going to be exploring estate planning in retirement. And today we're going to talk about the basics, but we're going to get into more than just simply the documents that you need throughout this month, because a properly done estate plan, which is much more than documents, is a way of continuing a relationship

1:06.7

and loving on those that are left behind in ways that you may not even imagine.

1:11.9

So we're going to explore that this month and today we'll talk

1:14.0

about the basics but first let's have a word from our sponsor. I was in a private office

1:22.0

hours with a member of the Rock Retirement Club.

1:25.0

That's our online community where we have over 350 people walking life together,

1:30.0

learning and helping each other make this transition into retirement.

1:34.0

And they said that their number one issue is changing their mindset about what they can do with their future.

1:42.4

They felt like they'd been too institutionalized into

...

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