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Thursday Jun 30, 2022

The Risk of Losing Financial Independence

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Are we losing our financial independence to inflation, a possible recession, and longevity? On today’s episode, we’ll explore the various risks that can complicate your plan and your finances.

 

Listen for these key points: 

0:28 – Happy 4th of July!

3:20 – Fear of running out of money

6:06 – Life expectancy

7:48 – Pushing your plan to 90+

8:35 – Dying too young, living too long

9:32 – Costs for long term care

10:30 – So, what do we do?

12:38 – Long-term care coverage

13:34 – What about savings?

15:31 – The Investment Answer

16:18 – Reach out to a professional

18:32 – Watch out for confirmation bias

 

Get additional financial information: https://doncashpodcast.com/episodes/

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