Retirement Ready - The Baby Boomer Retirement Dilemma

Baby Boomers are considered anyone who was born between 1946 and 1964. So, the first Baby Boomers are in their 70s now. The age and the instance are important to the retirement landscape in general. You see, according to Pew Research, 1.5 million Americans turned 70 in 2019 and will do so every year for the next 15 years. The age 70 itself is significant because of the required minimum distribution rule, a rule that forces retirees who turn 72 years of age to start taking distributions from their assets each year. This episode is designed to explore the issues that many Baby Boomers face and help you with strategies on what to do to succeed in your version of retirement! The Retirement Ready radio show is featured every Saturday on WTMJ 620 AM at 1:00 pm. We will bring you information on: Social Security options, retirement trends, options to retire with life changes and achieving a secure financial future. Listen live: www.wtmj.com/listen-live Investment advisory services provided by Drake & Associates, LLC, a State of Wisconsin registered investment adviser. Insurance products are offered through a separate company, LOFT Financial Advisory Group, LLC, a Wisconsin Insurance agency, clients are under no obligation to purchase any recommended insurance products. Advice and opinions expressed during Retirement Ready are solely that of the hosts or guests of Drake & Associates, LLC and not WTMJ Radio or Good Karma Brands Milwaukee, LLC.This is The Retirement Ready Show hosted by Tony Drake, CPR® with Drake and Associates. Our goal is to educate you on the many topics of retirement and inform you how to create a successful Retirement Ready Roadmap. Thank you for joining us for another episode where we will make your Retirement Ready Roadmap simple. Schedule your complementary consultation today.go.oncehub.com/scheduleacomplimentaryconsultation