How to "Stupid-Proof" Your Retirement Before It's Too Late
From Retirement Made Simple by Kevin Lum, CFP®
March 7, 2026 · 21 min
About this episode
Kevin discusses the risks in retirement due to declining financial literacy and increasing complexity.
Kevin explains research showing financial decision-making peaks around age 53, financial literacy declines about 2% per year after 60, and confidence often doesn’t decline—creating risk in retirement as financial complexity increases and scams become more sophisticated.
People in this episode
Host: Kevin Lum
Topics covered
- retirement planning
- financial literacy
- decision-making
- scams
- financial complexity
Keywords
- retirement
- financial decision-making
- financial literacy
- age 53
- scams
- risk
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