The retirement of 10,000 baby boomers every day will have significant impacts on current retirees, the economy, and social systems. Alan explores the challenges and considerations related to the retirement wave. Topics discussed include the strain on Social Security and Medicare, increased demand for healthcare services, potential changes in pension benefits, the impact on the labor market, and the housing market. The conversation also highlights the need for comprehensive financial planning, including assessing financial situations, preparing for healthcare expenses, making housing decisions, creating a retirement budget, and planning for hobbies and activities in retirement.
Reach Alan at 479-935-9767.