Working longer may no longer be an option for Americans who didn't save enough (#366)

Financial Advisors Say The Darndest Things por A.B. Ridgeway, CPWA®️, MBA

Notas del episodio

In this episode, host A.B. Ridgeway discusses a common misconception about retirement: the idea that if you haven't saved enough, you can simply work longer. Featuring insights from economist Teresa Ghilarducci, A.B. Ridgeway challenges this notion and breaks down the harsh realities that many retirees face when trying to extend their working years. From the uneven distribution of longevity gains to the fallacy that all Americans can continue working well into their older years, this episode tackles one of the most critical financial issues today.

Key Takeaways:

  1. Working longer isn’t always an option: Many people assume they can just continue working if they haven't saved enough for retirement, but job loss, health issues, or caregiving responsibilities often prevent this.
  2. The weal ... 
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Palabras clave
Retirement Savings