It’s Not Your Parents Retirement: Retirement Planning Today

19/12/2024 8 min Episodio 188
It’s Not Your Parents Retirement: Retirement Planning Today

Listen "It’s Not Your Parents Retirement: Retirement Planning Today"

Episode Synopsis

With pensions being a thing of the past, and Social Security looking like it might have some changes coming, retirement planning today is nothing like it was for your parents or grandparents. In the past, people often retired and only lived a few years beyond that, but today’s retirees could spend 20, 30, or even 40 years in retirement. And, unless you’re in one of the few jobs that still offer pensions, it’s largely up to you to create and secure your own retirement.
In this episode, Mark breaks down exactly how retirement planning has changed over the years and shares how people can start to get ahead in their planning.
Here’s what we discuss in today’s show:

Pensions are largely a thing of the past
The challenge of having to support your children and elderly parents at the same time
Concerns about the future of Social Security

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