Optimal Finance Daily - Financial Independence and Money Advice

2584: 5 Ways to Solve Your Top Retirement Concern - Outliving Your Money by Kathleen Coxwell of New Retirement on Financial Security

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Episode 2584: 
Kathleen Coxwell of NewRetirement.com discusses common retirement concerns, particularly outliving one's money. She highlights five strategies to address this fear, including managing lifestyle expenses, considering living situations like downsizing or reverse mortgages, understanding healthcare costs, implementing tax savings measures, and diversifying investment portfolios. These solutions aim to provide security and peace of mind for retirees facing financial uncertainty.
Read along with the original article(s) here: https://www.newretirement.com/retirement/5-ways-to-solve-your-top-retirement-concern-outliving-your-money/
Quotes to ponder:
"To help alleviate their clients’ longevity concerns, CPA financial planners integrate tax planning strategies to maximize income in retirement."
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Optimal Finance Daily, hosted by Diania Merriam, the innovative mind behind the personal finance conference EconoMe, takes you on an enlightening journey through the world of personal finance. Each episode brings to life the most compelling and practical advice from leading financial bloggers and experts. Diania’s engaging narration and insightful commentary transform complex financial concepts into relatable, actionable insights. Whether it’s budgeting, investing, debt management, or money mindfulness, she covers it all, making financial wisdom accessible to everyone.
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