The Stacking Benjamins Show cover image

Are You Ready for a 30-Year Retirement? Plus, Velocity Banking and Shoelace Patents (SB1495)

The Stacking Benjamins Show

00:00

Longevity Planning and Enjoying Wealth in Retirement

The chapter explores the challenge of convincing clients to spend and enjoy their wealth after saving diligently for retirement, focusing on a client frustrated with paying taxes on large RMDs. It discusses the risks of outliving savings and the importance of planning for long retirements, suggesting client fees based on spending to encourage enjoying accumulated wealth. The conversation delves into the benefits and considerations of longevity insurance through annuities, stressing the need for foresight in financial and care preparations for later stages of life.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app