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Everyday Wealth

Season 2 Episode 34: Your 100-year life and how to plan for it

Aug 28, 2023
Learn how retirement is changing and how to financially prepare for a longer life. Discover the importance of finding purpose in your later years. Dive into essential estate planning elements and how to navigate family conversations about it.
40:34

Podcast summary created with Snipd AI

Quick takeaways

  • Prepare financially for extended life expectancies by strategizing for a stable retirement through health maintenance and alternative income sources.
  • Reimagine the second half of life and navigate career transitions in the new longevity era by embracing change and exploring new opportunities.

Deep dives

Dr. Ken Dyke-Dweil Discusses Longevity and Financial Planning

Dr. Ken Dyke-Dweil, an expert on aging, highlights the changing landscape of retirement for different generations. He emphasizes the significance of preparing financially for extended life expectancies to avoid outliving one's resources. Dr. Dyke-Dweil stresses the importance of health maintenance to secure a financially stable retirement. Additionally, he suggests strategies like working longer, downsizing, or having housemates to enhance financial security in later years.

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