Health & Wealth: Strategies For A Fulfilling Retirement

New Focus on Wealth with Chad Burton

In this episode, Rob Black and certified financial planner Chad Burton discuss various aspects of personal finance, retirement planning, and the impact of inflation on financial decisions. They delve into common retirement questions, particularly the concern of whether individuals have enough savings to retire comfortably, especially in light of rising costs and changing economic conditions. Chad emphasizes the importance of understanding one's tax situation and the complexities of income sources in retirement, such as Social Security, pensions, and investment accounts. The conversation also touches on the rising costs of healthcare and insurance, the significance of maintaining health in retirement, and the potential benefits of concierge medicine and wellness investments. Additionally, they explore the complexities surrounding estate planning, particularly the distribution of assets to heirs and the importance of protecting those assets from potential divorce or lawsuits.

Tune in now to learn more!

Timestamps:

[00:02:17] Retirement income sufficiency concerns.

[00:04:50] Rising home insurance costs.

[00:10:12] Annuities and their confusion.

[00:12:30] Guaranteed lifetime income from annuities.

[00:15:12] Fiduciary financial planners explained.

[00:20:17] Health and retirement balance.

[00:21:34] Botox and mental health effects.

[00:26:28] Protecting assets for children.

[00:29:10] Healthcare spending and wellness.

[00:32:52] Gut health and wellness trends.

Email your money question to [email protected]

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com