PODCAST EPISODE 206 – Shocking retirement stats, how long you will live and TIPs funds may not be as good as they look.

 

EPISODE SUMMARY

Would you play chicken with your financial health in the last 6 months of your life? How many decades of luxury is worth your last 6 months of life in poverty? In this episode, Paul and Cory break down some more articles discussing shocking retirement stats and fill in the gaps of financial articles.

WHAT WAS COVERED

  • 00:00 – Episode starts 
  • 00:35 – Paul welcomes the show. 
  • 01:45 – looking forward to the episode topics 
  • 02:50 – Article Breakdown: “Jaw-dropping stats about the state of retirement in America” 
  • 16:15 – reviewing the longevity calculator 
  • 22:40 – Article Breakdown: “Don’t believe inflated yields on inflation-protected bond funds” 
  • 33:15 – Altering your perspective for the better when introduced to new financial information. 
  • 34:20 – Closing thoughts 
  • 36:45 – Show Ends, thank you for listening.

TWEETABLES

[Tweet “for some households they dont have a lot of excess to set aside… this will mean they will usually borrow money to buy something… to purchase something like a car, the car is not the collateral, it’s leaned against your future income… this is important because in retirement you dont have income for loans like these. #YourBusinessYourWealth”]

[Tweet “there is no way you could give me enough luxury for decades to then have the last 6 months be abject poverty and feel like that evens out. #YourBusinessYourWealth”]

[Tweet “Dont play chicken with the average age of life and your retirement… #YourBusinessYourWealth”]

LINKS

Article Breakdown: “Jaw-dropping stats of retirement”

Article Breakdown: “Longevity calculator

Article Breakdown: Don’t believe inflated yields on inflation-protected bond funds”

Curious what you can accomplish with our help? Schedule a free 15-minute meeting with us! sfgwa.com/scheduling

Sound Financial Group’s Website for a Financial Inquiry Call – [email protected] (Inquiry in the subject)

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Sound Financial Group on LinkedIn

Paul Adams on LinkedIn

Cory Shepherd on LinkedIn

Cape Not Required (Cory’s Book)

Sound Financial Advice (Paul’s Book)

Clockwork: Design Your Business to Run Itself

Mike Michalowicz’s Book – Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine

Loserthink: How Untrained Brains Are Ruining America

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MUSIC CREDITS

Contains a sample of “King” by Zayde Wølf courtesy of Lyric House.

Full Episode Transcription


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Transcribed by https://otter.ai


 


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PRODUCTION CREDITS

Podcast production and show notes by Greater North Productions LLC

Recorded using Switcher Studio: [email protected]