Carlos Rasmussen discusses the challenges of retirement planning amidst rising inflation and market volatility. He emphasizes the importance of flexibility and preparedness in financial planning, the need for a second opinion on investment strategies, and the significance of understanding risk. The discussion also covers strategies for hedging against inflation, the necessity of long-term care planning, and the potential benefits of tax strategies. Finally, the conversation explores the evolving role of annuities in retirement planning, highlighting their advantages in providing guaranteed income. Additionally, they explore various financial metaphors from Star Wars to illustrate key concepts, while addressing listener questions about managing fixed incomes, adapting withdrawal strategies, and the importance of professional advice in retirement planning. Call (888) 572-2242 to reach Carlos. Visit Rasmussen Capital Management