Retirement Answer Man

A Conversation with Kathleen Pritchard

Show Notes

Johns Hopkins University's Center for Innovative Care and Legg Mason recently issued a study titled "Aging and It's Financial Implications: Planning for Housing.
Kathleen Pritchard, Managing Director with Legg Mason, talks with host Roger Whitney about the importance of planning ahead for housing during retirement
There are three typical phases during retirement. The:
  • Go Go Years--when you are healthy and active (60s & 70s)
  • Slow Go Years--when you slow down due to health issues (70s & 80s)
  • No Go Years--the late retirement years (80s & beyond)
By planning ahead for each of these phases, you can make smarter financial decisons and maintain control over your lifestyle choices.
There are five basic housing options for retirees:
  1. Aging in place
  2. 55+ independent living communities
  3. Continued care retirement communities (CCRCs)
  4. Assisted living facilities
  5. Skilled nursing facilities
You can find due diligence worksheets to help you find the option that is right for you at rogerwhitney.com/worksheets
 

What is Retirement Answer Man?

A top retirement podcast. Roger Whitney, CFP®, CIMA®, CPWA®, RMA, guides you on how to actually do retirement well financially and personally. This retirement podcast isn't afraid to talk about the softer side of retirement. It will teach you how to retire with confidence. Two-time PLUTUS winner for best retirement podcast / blog and the 2019 winner for best financial planner blog. This retirement podcast covers how to create a paycheck, medicare, healthcare, Social Security, tax management in retirement as well as retirement travel and other non-financial issues you'll need to address to rock retirement. Retirement isn’t an age OR a financial number. It’s finding that balance between living well today and feeling confident about your retirement. It’s about gaining more freedom to pursue the life you want. Join the rock retirement community at www.rogerwhitney.com