5 • 706 Ratings
🗓️ 12 April 2022
⏱️ 27 minutes
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| 0:00.0 | Discover the tips and strategies that will help you achieve your retirement goals. |
| 0:09.3 | I'm your host, James Canole, and this is the podcast dedicated to helping you retire well. |
| 0:14.4 | It all starts right here on Ready for Retirement. for retirement. |
| 0:27.4 | Hi, everyone. |
| 0:29.4 | Welcome back to another episode of Ready for Retirement. |
| 0:30.5 | I'm your host, James Cannell. |
| 0:35.9 | One of the biggest challenges that people, when they retire, face, is am I going to outlive my money? |
| 0:36.9 | I think it's probably concern number |
| 0:38.3 | one that most people have. Now, combine that with a potential age gap between spouses, and there's a |
| 0:45.6 | double concern here, or there's a multifaceted concern of how do we make sure that we don't outlive our money |
| 0:50.8 | for the both of us, but especially for the surviving spouse. |
| 0:54.5 | So what happens if the both of us spend all of our money on travel or things that we want |
| 0:58.4 | to do or just basic living, what happens to the surviving spouse if there's a significant |
| 1:03.7 | age gap or if one spouse just predeceases the other? So that's going to be the topic of today's |
| 1:09.5 | episode of how do we invest for |
| 1:10.9 | longevity, but in the light of a one spouse potentially pre-deceasing the other by some number |
| 1:17.6 | of years. Now this question was, or it's coming from a listener question, and I'm going to call |
| 1:22.7 | the listener Sarah. And Sarah writes and then she says this. She says, hello, I've been listening to your |
| 1:28.0 | podcast for months now and have to say they're the best thing for someone like me to start |
| 1:31.5 | understanding this crazy financial world. Thanks, Sarah. I'm a professional in a non-financial |
| 1:36.1 | field and my husband is a CPA. After listening, I'm able to have better conversations with him |
| 1:41.6 | and look at what he is saying without utter confusion. |
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