Discover the tips and strategies that will help you achieve your retirement goals.

I'm your host, James Canole, and this is the podcast dedicated to helping you retire well.

It all starts right here on Ready for Retirement. for retirement.

Hi, everyone, welcome back to another episode of Ready for Retirement.

I'm your hope's James Cannell.

On today's episode, we're going to explore a listener question.

And the question has to do with longevity.

And how do I plan from the standpoint that I very well may live a long time? I might live until my 80s or late 90s, but I might not. So how do I

plan with this information? How do I ensure that I'm okay over time, but also don't work too long

or forego some of the good years just to protect against what could

possibly happen in the much later years. So it's an excellent question. We're going to explore it.

Let's start by reading the question and then we'll go through the details that you need to consider

as you plan for this. So this question is from Sandra. Sandra says, first, I'm really enjoying your

podcast. Of all the

personal finance podcasts out there, you're the only one I listen to religiously, and I've

never found myself pressing the plus 30 second button, wondering when the speaker will get to the

point. Thank you, Sandra. That was a fun compliment to read. She goes on to say, I've got a

couple questions that would be interesting to hear your answers on, the podcast. I'll start

with a quick background so you have some context. Background. I'm 47 and my husband is 54. We have two

children's, age 16 and 12. We both work full time and have been fully funding a retirement

accounts since our first paycheck. We are both engineers, so we each make a six-figure income and can

live off of one salary if needed. We are 100% debt- we each make a six-figure income and can live off of one salary if

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