What does the collapse of Columbia House have to do with your retirement plan? In this episode, Jon Hicks explores how a single faulty assumption can create challenges, whether in business or retirement. He discusses the importance of stress-testing retirement plans against inflation, market downturns, Social Security changes, healthcare costs, and income withdrawals. Jon explains why retirees should regularly revisit their assumptions and evaluate how different scenarios could affect long-term income needs. The conversation focuses on preparing for uncertainty and building a retirement strategy that accounts for both financial and emotional realities.
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