In this conversation, Kevin discusses the evolving landscape of retirement planning, emphasizing the importance of guaranteed income strategies due to increased life expectancy and market volatility. He highlights the need for individuals to create their own income sources, akin to personal pension plans, and addresses the issue of 'dead money'—funds that are not actively working for retirees. The discussion also covers the significance of having a comprehensive retirement roadmap to avoid financial pitfalls and make informed decisions about big purchases in retirement. Ultimately, Kevin stresses the value of personalized financial planning and the importance of understanding one's financial landscape to ensure a comfortable retirement.
Get Your Complimentary Retirement Roadmap
Your roadmap will include:
- A retirement income strategy
- A test to see how long your money will last
- A tax-planning strategy
See omnystudio.com/listener for privacy information.
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