About this episode

The episode discusses the top 5 financial fears retirees face and offers actionable advice based on the 2026 Retirement Confidence Survey.

Retirement confidence has hit its lowest point since post-COVID — and for good reason. From skyrocketing Medicare premiums to housing costs, Social Security uncertainty, growing debt, and the crushing weight of caregiving, retirees are facing a financial storm no one fully planned for. In this episode, Terry, Richard, and Pam break down the top 5 worries from the brand-new 2026 Retirement Confidence Survey (Employee Benefit Research Institute) and, more importantly, what you can actually do about them. What we cover: Why 40% of retirees say expenses are higher than expected The shocking truth about Medicare costs in 2026 (Plan G premiums up 40%!) How housing — even if you downsize — can blow up your retirement budget Social Security : what the 2033 trust fund depletion really means for YOU The debt crisis is quietly growing among retirees (39% are affected) Why 74% of workers plan to work in retirement — but only 31% actually do Caregiving : the retirement wildcard nobody budgets for Links : EBRI 2026 Retirement Confidence Survey These are the top 5 things retirees are worried about right now (Richard Eisenberg) IRMAA Increases Medicare Premiums (Terry Savage) Inflation Isn't the…

More episodes of Friends Talk Money

• Social Security Insolvency: What It Really Means for Your Retirement · July 10, 2026 · 35 min

Explore listener stats, chart rankings, contacts and more on the Friends Talk Money podcast page.