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Are You Prepared for a 40-Year Retirement?
Manage episode 462267449 series 3561293
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As lifespans increase, planning for longer retirements becomes necessary. Mike Douglas explores key strategies such as maximizing Social Security benefits, understanding market volatility, and adjusting for inflation. He highlights the importance of having a comprehensive income plan to ensure financial stability throughout retirement.
Examining real-life scenarios, Mike addresses the need for personalized planning to address longevity risks and safeguard savings.
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