Why Your Retirement Plan Sucks & How To Fix it - Walter Young
BetterWealth with Caleb Guilliams
Exploring Retirement Strategies with Life Insurance and Annuities
This chapter delves into the concept of 'pension 2.0' involving life insurance and annuities, emphasizing the importance of collective risk-sharing for retirement income. It discusses scenarios of pension plan payouts, mortality credits, and the benefits of using life insurance to protect against different outcomes. The conversation also compares different retirement income options like annuities, emphasizing the need for flexibility and specialized guidance in financial planning.
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