This week Jim and John address one of the greatest fears for those in or nearing retirement; outliving one’s assets, or “dying broke”. This is a much more complex subject today, given the current era of financial repression and 0% interest rates, as well as an extremely deep recession and two bear markets within a decade. Jim looks at a number of trends and strategies to build your savings, and make them last throughout your retirement. Jim stresses the need for proper planning; running your retirement somewhat like a business. Jim and John discuss the case study of John and Helen Stuart to illustrate many of these strategies. The guest this week is Yolanda York of the Social Security Administration. She discusses five changes for 2015, some retirement strategies, as well as what every woman should know about Social Security.
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