In this episode of The Retirement Roundtable, John Scallan discusses the evolving landscape of retirement planning, emphasizing the importance of preparing for longer lifespans. With advancements in healthcare, individuals may need to plan for 30 to 40 years of retirement income. The conversation covers critical questions about financial security, the role of caregivers, the dynamics of couples in financial planning, and finding purpose in retirement. John highlights the need for comprehensive financial plans that address income, long-term care, and the emotional aspects of retirement.
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