In this episode of The Absolute Retirement Planning Show, the hosts discuss the realities of retirement planning, particularly for baby boomers. They emphasize the importance of budgeting, understanding healthcare costs, and the risks associated with investments. The conversation also touches on lessons learned from financial scams and the significance of tax planning in retirement. Overall, the episode provides valuable insights for listeners looking to navigate their retirement planning effectively. In this episode, the hosts discuss various financial topics, including the downfall of Elizabeth Holmes and Theranos, the legendary bank robber John Dillinger, the mystery of DB Cooper, and practical advice on 401k loans and retirement income strategies. They emphasize the importance of professional financial advice and communication between financial advisors and tax preparers to ensure optimal financial planning.
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