Better Conversations: Five Retirement Decisions That Matter More Than Returns (Ep. 7)
Will you run out of money in retirement? Should you take Social Security at 62 or wait until 70? Is long-term care insurance worth it?
In this episode, Eric Lee discusses some of the most common retirement planning questions facing pre-retirees and retirees, including how much retirement income you may need, when to claim Social Security, whether long-term care insurance is worth considering, and how inflation can affect a sustainable retirement lifestyle over time.
Eric challenges several common retirement-planning assumptions and explores five often-overlooked retirement decisions that can affect your income, family, legacy, and long-term financial confidence. Rather than focusing solely on portfolio performance, this conversation encourages listeners to think more intentionally about what a successful retirement actually looks like and how to align their financial decisions with the life they want to live.
Eric discusses:
- How much money do you want to leave behind versus spend during retirement
- The difference between maximizing Social Security benefits and maximizing long-term wealth
- Whether long-term care insurance is worth considering for your family situation
- Common retirement spending assumptions that may not reflect real life
- And more!
Contact Eric Lee:
Podcast: Play in new window | Download | Embed