INFORMAZIONI SU QUESTO EPISODIO
Many people plan around a retirement that lasts 20 or 30 years, but advances in medicine and health are pushing life expectancy well past the old assumptions, and that shift changes the math on nearly every part of a financial plan. In this episode, Dave Alison, President of Wealth Management and Founding Partner at Prosperity Capital Advisors, and co-host Greg Dillon, Head of Financial Services at Prosperity Capital Advisors, walk through what they call longevity risk. It refers to the growing chance that a retirement lasts far longer than expected, and what that means for Social Security timing, guaranteed income, and planning for extended care.
They also share real client examples that show how the right plan can turn a long life from a financial risk into an opportunity.
What We’ll Cover:
- Why planning for a longer life expectancy changes the math on retirement income, taxes, and market risk
- How Social Security optimization works and why the decision should never be made in isolation
- What guaranteed income sources, like annuities and pensions, can do for retirement confidence (often called mitigating longevity risk)
- Why a plan for extended care matters for a family’s finances as much as for a person’s health
- How to think about accepting risk versus mitigating it when building a retirement income plan
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