Retirement strategies have evolved over the past 20 years, with significant differences from the retirement of our parents. Today, most people have a 401k or similar retirement plan, while only 2% of the private sector has a pension. Longevity is also a key factor to consider.  It is crucial to save and have income streams in retirement to avoid running out of money. Other important considerations include healthcare costs, downsizing, and making informed decisions about Social Security and life insurance. In this conversation, Alan Cantrell discusses the importance of reading financial reports and managing money wisely. He also addresses common misconceptions about Social Security, emphasizing that it will likely be around for future generations but may undergo changes.

Reach Alan at 479-935-9767.

Retirement Strategies Group of Northwest Arkansas