Optimizing Your Financial World - Episode 18 (Wealth Planning for Age 90, 100 and Beyond!)
We’re living longer than ever these days, which means our wealth may need to see us through what could be an extremely lengthy retirement. Did you initially plan for that?
On the latest episode of Optimizing Your Financial World, we explore how an increasingly important aspect of wealth management, known as longevity planning, can potentially help position our finances for the long haul.
We'll dive into the various strategies at play here and leave you with some key considerations for your future!
Timecodes:
0:06 - Introduction and overview on the topic of the day
1:25 - Why living longer can present a double-edged sword scenario for us
3:15 - How wealth managers are addressing the idea of living longer
4:23 - How can you make sure your wealth is positioned to go the distance?
5:00 - How concierge medicine comes into play
6:58 - Some examples where concierge medicine is applicable for wealth families
9:13 - Estate planning goes hand-in-hand with longevity planning efforts
11:56 - Important questions you should be asking yourself or your advisors
14:00 - Where to begin your longevity planning efforts?
15:56 - How you can get in touch with Mark's team for a second opinion or stress test
16:47 - Closing remarks
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