The conversation explores the significant changes in retirement planning over the past two decades, emphasizing the shift from defined benefit plans to defined contribution plans like 401(k)s. The hosts discuss the importance of understanding Medicare and healthcare costs in retirement, the necessity of proper insurance and financial planning, and the pitfalls of aggressive investment strategies. They also highlight the impact of supporting adult children on retirement savings and caution against speculative investments like cryptocurrency. I The discussion also covers strategies for retirement planning, managing IRAs and Roth conversions, and the pros and cons of investing in precious metals.
Reach out to Bruce & Tim at (800) 796-9912 or