This is Financial Insanity w-Scott McLean. Today's show is retirement risks to avoid. The biggest difference between yesterday’s retiree vs. today’s is the diminished defined benefit or pension plan replaced by defined contribution plans..Studies have shown tpensions have been rapidly replaced.
As retirees underestimate their longevity, as well as stock market volatility, the probability that they’ll outlast their savings will keep dropping. But, proper adjustments need to be made. Scott will provide you with the seven easy to avoid retirement risks. Plus, he can help keep your money safe from the traps and pitfalls of financial planning. That's why he wrote the book 'Three Blind Mice'. Learn the tools you need to keep your key consultants like financial advisor, accountant and estate attorney connected and operating on the same financial game plan. Your financial future depends on it.