Surprise ! You're Retired!

The conversation discusses various unexpected expenses and challenges that retirees may face in retirement, including healthcare costs, home ownership expenses, inflation, financial support for adult children, taxes, longevity risk, and the limitations of 401(k) plans. The conversation also touches on strategies such as opening a health savings account, setting aside a home maintenance fund, considering Roth conversions, and building a guaranteed lifetime income stream.  The hosts also discuss the involvement of large investment management firms like BlackRock in the annuity business. The conversation concludes with a discussion on inflation and its impact on retirement planning. Reach out to Adam at 800-467-0737 or AJM Financial  See omnystudio.com/listener for privacy information.