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 don’t 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 don’t 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 “Don‘t 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”

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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.

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Transcribed by https://otter.ai

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