Will You Outlive Your Savings? The Longevity Crisis Every Retiree Should Understand
About this episode
The episode discusses the challenges retirees face regarding longevity and financial security, featuring insights from experts in retirement planning.
Are you prepared to live 25–30 years in retirement? In this episode of the Answers for Elders Radio Show, host Suzanne Newman welcomes Lindsay Friedman, Founder and CEO of CareBLOOM and LT Care NAV, along with Michael Banner, founder of the 62 Who Knew podcast and retirement planning platform. Together they explore one of the most important questions facing older adults today: Will you outlive your savings, or will your money continue working for you as you age? As life expectancy increases, retirement planning has become far more complex than it was for previous generations. Michael shares why longevity is changing the financial landscape for retirees and why running out of money has become a greater fear than death for many Americans over age 62. The conversation covers retirement income, long-term care planning, home equity, rising healthcare costs, Social Security concerns, and the importance of building a trusted team of advisors. Part 2 focuses on practical solutions for one of retirement's biggest challenges: paying for long-term care and maintaining financial security as you age. The discussion explores powerful retirement planning tools that many seniors and their…
People in this episode
Host: Suzanne Newman
Guests: Lindsay Friedman, Michael Banner
Topics covered
- retirement planning
- financial security
- long-term care
- healthcare costs
- Social Security
- longevity
Keywords
- retirement
- savings
- longevity crisis
- financial planning
- long-term care
- healthcare
- Social Security
- home equity
Mentioned in this episode
Organizations: CareBLOOM, LT Care NAV, 62 Who Knew
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