Roaming Returns

040 - Why Living Longer Doesn't Have To Be A Problem For Your Retirement Plan

March 19, 2024 Tim & Carmela Episode 40
040 - Why Living Longer Doesn't Have To Be A Problem For Your Retirement Plan
Roaming Returns
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Roaming Returns
040 - Why Living Longer Doesn't Have To Be A Problem For Your Retirement Plan
Mar 19, 2024 Episode 40
Tim & Carmela

Most retirement plans were created based on individuals living 15 to 20 years into retirement, but people are starting to live much longer than that. This longevity risk has become such a problem that pensions are starting to change the way they payout and how much.

If you aren't one of the lucky ones with a pension, living longer than expected still puts a strain on your own retirement funds. And don't expect social security to pick up the slack. In fact, it might be non existent by the time you reach retirement age. 

The only real way to avoid running out of money in retirement is to take matters into your own hands and to invest in dividend paying stocks that continue to increase their payouts. 

We want you to be able to live longer, happier and healthier, because you can have it all with the right strategy. 

Drop your comments or questions for this episode on one of our posts.  


If you're looking for a more detailed summary of this episode, click here.


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**DISCLAIMER**
Ticker metrics change as markets and companies change, so always do your own research. The content in this podcast is based on personal experience and is for educational purposes, not financial advice. See full disclaimer here.

Episode music was created using Loudly.

Show Notes Chapter Markers

Most retirement plans were created based on individuals living 15 to 20 years into retirement, but people are starting to live much longer than that. This longevity risk has become such a problem that pensions are starting to change the way they payout and how much.

If you aren't one of the lucky ones with a pension, living longer than expected still puts a strain on your own retirement funds. And don't expect social security to pick up the slack. In fact, it might be non existent by the time you reach retirement age. 

The only real way to avoid running out of money in retirement is to take matters into your own hands and to invest in dividend paying stocks that continue to increase their payouts. 

We want you to be able to live longer, happier and healthier, because you can have it all with the right strategy. 

Drop your comments or questions for this episode on one of our posts.  


If you're looking for a more detailed summary of this episode, click here.


We're trying to grow. Help us reach others who want to learn to invest with confidence. Spread the word and leave a review to help us rank in search. 

We appreciate your support!   

Stay connected. Follow us on social!

Questions, comments, or requests? Contact Us! We value your feedback.


Want FREE weekly investing tips, picks, and strategies delivered right to your inbox? Subscribe to our email list.

**DISCLAIMER**
Ticker metrics change as markets and companies change, so always do your own research. The content in this podcast is based on personal experience and is for educational purposes, not financial advice. See full disclaimer here.

Episode music was created using Loudly.

Intro
US Life Expectancy Data That Affects Your Retirement Funds
Most People Have No Retirement Funds
The NEED To Work Until You Die & Health Decline
Comparing Carmela's Dad And Tim's Grandfather
Live Your Life Your Way
Find A Way To Afford The Things You Want To Be Doing
Invest First & Create A Savings Fund
Adjusting Lifestyle To Budget
Build A Portfolio That Has Increasing Dividends
Align With What You're Willing To Do
You Need Passions And Purpose In Retirement
Live To Not Have Any Regrets
Set Things Up Right And It Doesn't Matter How Long You Live
Take Your Finances Into Your Own Hands