EPISODE · Apr 24, 2024 · 20 MIN
Will You Run Out of Money?
from The Millionaire Insider Podcast · host Annette Bau, CFP®
Running out of money is not on most people's bucket list, yet most worry about it. A recent study found that 80% of the interviewees feared running out of money. In another study, people said they were more afraid of running out of money than dying. And it is a reality for many. Studies show that up to 40% of people rely entirely on Social Security for their retirement income. In addition, of those living in poverty over age 65, almost 75% are women. Many of these women were not broke or poor while married or working. In this episode, you will learn: * How to get your spending under control (and understand why you or a loved one overspend? * The process of tracking expenses * One of the most commonly missed reasons people run out of money * One of the best options to avoid running out of money in retirement Overview of what you will learn in this episode: >> (3:43) How to stop overspending >> (8:08) Where you need to focus your attention and energy >> (10:29) What to avoid when investing >> (12:30) Additional tips to create a secure financial future you love Links Referenced in the Show: The Financial Freedom Guide:https://themillionaireinsider.com/ffg Get your Free Financial Checkup: https://themillionaireinsider.com/fc Show notes and more information:https://themillionaireinsider.com/55 This information is for educational purposes only and is not intended to provide financial, investment, or planning advice.
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Will You Run Out of Money?
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