Retirement looks different today than it did 50 years ago. As life expectancy continues to rise, it isn’t unusual for people to spend 20 to 30 years in retirement, which is a long time to live off your savings. In this episode, Maddy Dychtwald, a national best-selling author and co-founder of Age Wave, explains how longer lifespans are changing the way we live in retirement—and how important it is to plan ahead. Andrew Weber, senior director of Planning Philosophy at Northwestern Mutual, also shares tools you can use now to give you financial flexibility in retirement to adapt to unknowns in the future and create income that lasts as long as you do.
Resources: