The Stacking Benjamins Show

The Fire Safety Steps You're Skipping (Plus: What the World Worries About in Retirement) SB1774

11 snips
Dec 15, 2025
Fire safety expert Steve Kerber, VP at UL's Fire Safety Research Institute, shares essential tips for preventing home fires. He emphasizes the importance of upgrading smoke alarms, understanding lithium-ion battery risks, and practicing escape plans. The conversation extends to financial implications of house fires and highlights safety measures you can start today. Shifting focus, T. Rowe Price's global retirement survey reveals key concerns like inflation and expectations, offering insights into savers' anxieties worldwide. A lively mix of safety and financial wisdom!
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ADVICE

Upgrade And Test Smoke Alarms

  • Test and replace smoke alarms regularly and buy UL-listed, eighth-edition alarms when possible.
  • Practice home fire drills and sleep with doors closed to buy escape time.
INSIGHT

Underinsurance Hides Devastating Risk

  • Many homeowners are underinsured because they never update replacement values on policies.
  • Steve Kerber notes rising rebuild costs can wipe out generational wealth after a total loss.
INSIGHT

Homes Burn Faster Today

  • Modern home materials burn far faster than older natural materials, drastically shrinking escape time.
  • Steve Kerber warns a living-room sofa fire can go from small flame to full room in about three minutes.
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