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Retirement Answer Man

Longevity and Retirement: Working to Make Your Money Last as Long as You Do in Retirement

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

🗓️ 26 June 2019

⏱️ 34 minutes

🧾️ Download transcript

Summary

How to make your money last as long as you do is the biggest question in retirement planning. And now that people are living longer lives your money has to stretch farther than ever before. Today’s retirement is a brave new world and the problems...

Transcript

Click on a timestamp to play from that location

0:00.0

So this entire month of June we have been noodling on longevity and how long you may live in retirement.

0:15.0

And it all begs the question.

0:20.0

How do we make our money last as long as we do?

0:29.0

Probably pretty important.

0:32.0

Well that my friend is the topic of today's retirement answer man show.

0:37.0

Thank you for joining me.

0:38.6

My name is Roger Whitney.

0:39.8

I am your host.

0:48.1

And this is the show dedicated to helping you not just survive retirement.

0:54.4

We are here to help you rock retirement and we think you have the power to do so if you make intentional decisions which is what we talk about here and this whole month we've

0:58.2

been talking about longevity how long might we live what habits should we build to make a great life?

1:05.0

Now we've got to figure out how do we make our money last for us?

1:09.0

And we're going to dive into that, but we can't do any of that until we have that all-important

1:14.0

disclaimer. I do not pretend to have the answer. I am a explorer on this retirement journey because I work with clients every day. This is all we think about.

1:36.8

But that doesn't mean we have the answers.

1:39.0

And it doesn't mean we would ever try to give you advice if you are not a client that we worked for as a fiduciary and you would be remiss if you don't remember that this is helpful hints in education and before you make any decisions talk to your legal advisor, your tax advisor, or your

1:56.8

financial advisor, because that's just common sense.

2:00.3

Now let's go dive into how we make this money last as long as you may last.

2:09.0

They always say start with the headline.

2:12.0

Well here's the headline on this topic of how we make

2:15.1

money last as long as you do. The headline is, pay attention, nobody knows. Nobody knows how to do this modern retirement that you are entering. We have

2:32.0

ideas. We got some really wicked smart people thinking about it.

...

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