Today we discuss avoiding desperation and unhappy moments in life and in retirement. We talk about the suicides of famous clothing designer, Kate Spade, and chef and TV personality, Anthony Bourdain. We also address the significant portion of the population that feels desperate about their financial circumstances – especially when it comes to inadequate planning for retirement.
Special guest Cheri Blair joins us today to discuss the ever-increasing numbers of Baby Boomers, especially women, who have very little understanding and education about finances after retirement. She shares valuable information to help educate us on what we need to know money in retirement.
We Discuss:
The huge problem with suicide in America
The confusion around suicide and the many factors that can contribute to this tragedy
Why more Americans are getting to this level of despair now than in the past
How to look for the warning signs of someone that may be contemplating suicide
How to get help for yourself or others that are struggling with thoughts of suicide
Questions from the 2017 Retirement Income Literacy Gender Differences Report (RICP)
What the future of the Social Security system is going to look like – Will it stay or will it go?
Ways that we can handle our money wisely in retirement
Reasons why it’s believed that we are headed into what could be a potential crisis
Why women tend to rely more heavily on social security benefits than men
