This week Jim and John tackle a number of important retirement issues on the program. The overall theme is how to prepare for retirement so you won’t outlive your assets, but also how to live a longer, healthier life. They touch on the advances in medicine, as well as the important role of diet and exercise, including exercise for the mind as well. The financial part of the puzzle is more difficult, especially with the unprecedented environment of 0% interest rates that retirees face today. They discuss ways to increase returns in a low interest rate world. Jim puts these concepts into practice with this week’s case study of Bill and Jan Smith. The guest this week is Dr. Wade Pfau, Professor of Retirement Income at The American College. He discusses the 4% Rule, allocation of retirement assets, and potential problems with the 4% Rule working out longer term.