The topic this week is about retirement and how to get there successfully. Jim and Cathlyn discuss the importance of having personal savings in addition to pension savings such as 401(K)’s, 403(B)’s and IRA’s. You want to have some flexibility in income sources to help mitigate future taxes, or avoid getting pushed into a higher tax bracket. Many investors reach retirement with no tax flexibility, and can easily get caught in a tax trap. Jim and Cathlyn illustrate these important issues and potential strategies through the case study of Dr. Paul Sherman. The guest this week is Ladan Manteghi, Executive Director of the Global Social Enterprise Initiative (GSEI) at Georgetown University. She discusses how new technology and architectural concepts are working together to allow aging Baby Boomers to stay in their homes in their later years.
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