The retirement of baby boomers has significant impacts on current retirees, the economy, and social systems. The show discusses various topics related to retirement, including Medicare, Social Security, pensions, healthcare, economic implications, financial markets, government policies, and community services. The retirement of baby boomers leads to increased demand for services, potential strain on public resources, and changes in job opportunities.. Divorce can have a profound impact on both personal and financial aspects, particularly during retirement. The process of dividing assets such as real estate, retirement savings, family business, stock options, life insurance proceeds, long-term care insurance policies, and debt can be emotionally draining. The decision to retire at different times or together depends on various factors such as retirement benefits, social security benefits, pensions, and financial needs. It is important to consider safe options for holding investment funds between investments, such as bank accounts, CDs, fixed annuities, or fixed index annuities. It is crucial to review and adjust investment strategies in the retirement red zone, typically 10 years before retirement. Robo advisors may not provide the personalized strategies and advice needed for retirement planning. It is crucial to seek professional advice and a comprehensive financial review to ensure a worry-free retirement.
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