Joe Murphy discusses the complexities of financial planning for late-life marriages, the impact of divorce on finances, and the importance of estate planning. He emphasizes the need for clear communication and planning to avoid financial pitfalls, especially regarding required minimum distributions (RMDs) and tax implications. The conversation also covers the significance of the funded ratio as a metric for retirement readiness and the necessity of planning for long-term care to protect assets. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more.