Retirement Today is Harder Than Ever Before

How Money Works

Planning for retirement now is not what it used to be. Gone are the days when a pension, Social Security, and personal savings—the three-legged stool—were enough to secure a comfortable retirement. Today, individuals must navigate the intricacies of 401(k)s, IRAs, and other investment accounts that lack the guaranteed income of traditional pensions.

While retirement success might be falling more and more on each individual to plan effectively, it doesn’t mean it’s impossible to accomplish. Craig and Jennifer will dive into the complexities retirees face today and the biggest challenges you’ll need to address within your plan. Learn about the impact of market volatility, the importance of creating a reliable income stream, and how to navigate the challenges of longer life expectancies and rising healthcare costs.

Here’s some of what we discuss in this episode:

• When pensions were common, retirement planning used to be a lot easier.
• The hardest question to answer is often ‘what are your retirement goals?’
• People are living much longer into their retirement.
• The sandwich generation faces a huge strain on their finances.
• Anxiety around the future of Social Security.

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