Understanding the Six Financial Storms – Part 2: Fear of Outliving Money (Ep. 6)
One of the most significant concerns for retirees is the fear of running out of money. This fear often overshadows other financial worries, such as falling victim to scams or trusting the wrong financial advisor.
In this episode, John Iannucci discusses the fear of outliving assets in retirement and the importance of creating a comprehensive plan for protected lifetime income. He explains the factors contributing to this fear, such as increased life expectancy, rising costs of long-term care, and the risk associated with a sequence of returns.
John discusses:
- The need for a more conservative approach to retirement planning
- The importance of integrating different products and strategies into your retirement plan
- The concept of a “volatility shield” to avoid market losses in retirement
- And more
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