In this episode of the Truth About Money, Bruce Weinstein, and Jackie Selby discuss the evolving concept of retirement as a fresh start rather than an end. They emphasize the importance of shifting from an accumulation mindset to a distribution strategy, especially in light of current market valuations. The conversation covers essential topics such as planning for income streams, understanding long-term care, and navigating financial support for adult children. The hosts also explore various savings options for grandchildren, including 529 plans and the importance of setting boundaries in financial support. Overall, the episode provides valuable insights into effective financial planning for retirement and beyond.
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