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

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Aug 28, 2023

Guest

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.

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INSIGHT

Longevity Focus

The focus is not just on living longer, but on living better.
People desire a life of purpose and quality, supported by adequate resources.

INSIGHT

Changing Retirement

Retirement has changed drastically over generations.
Boomers view it as a chance for reinvention and new experiences.

ANECDOTE

Outliving Resources

Ken Dychtwald shares a personal story about his parents outliving their financial resources.
His father, despite careful planning, lived much longer than expected and required financial help.

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In this special episode of Edelman Financial Engines’ Everyday Wealth™, we’re revisiting three of our most popular guest interviews, all focused on living longer and how to plan for it. First, Jean speaks to Ken Dychtwald, founder of Age Wave, about how retirement is changing and what retirees can do to prepare both financially and mentally for a longer life. Then, Jean welcomes Michael Clinton, author of Roar: into the second half of your life (before it's too late), about the importance of finding purpose and connection in our later years. Later, Erin Smith, a director of estate planning at Edelman Financial Engines, joins Jean to discuss the essentials of an estate plan and how an advisor can help.

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The information regarding estate planning should not be construed as tax or legal advice and is for general informational purposes only.

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