Joining the conversation is Erica Hunter, a junior advisor with Retirement Risk Advisors, who brings a wealth of insights and expertise to the table. Together, they revisit their experiences preparing for catastrophic hurricanes in Puerto Rico, underscoring the vital importance of continuous and meticulous planning in relations to Risk-Based Lifestyle and Legacy Planning.

The episode delves into income diversification strategies and the necessity of proactive planning to safeguard against financial shocks. Furthermore, the dialogue emphasizes the importance of defining one's purpose in retirement and how it significantly influences long-term goals and legacy aspirations.

Listeners will gain a deep understanding of aligning their passions with retirement objectives, ensuring their financial plans are robust and resilient. The episode concludes with a discussion on prudent legacy planning and the effective stewardship of resources for future generations.

This episode is essential listening for those serious about securing their financial future.

Support the show

Follow us on Instagram: @retirementriskadvisors
Like us on Facebook: Retirement Risk Advisors

Welcome to another episode of The Retirement Risk Show! Hosted by Dave Hall, he brings back Alisha Wright to finish this duology that delves into essential strategies for securing a comfortable and risk-free retirement. In today's episode, Dave and Alisha turn their attention to the often-overlooked issue of cognitive decline and its impact on retirement planning.

Listeners will learn about the risks of cognitive decline, including repetitive charitable donations and financial exploitation by family members. They emphasize the importance of early planning to manage finances and healthcare in the later stages of life. Alisha Wright offers valuable insights on avoiding scams and discusses how social isolation can worsen health conditions.

Support the show

Follow us on Instagram: @retirementriskadvisors
Like us on Facebook: Retirement Risk Advisors

Dave Hall and Alisha Wright delve into the pressing issue of elder care planning in retirement. It is a critical area that needs strategic financial planning to prevent running out of retirement funds.

They emphasize maximizing Social Security benefits and considering annuities for a stable income. The discussion also highlights elder financial abuse and the importance of protective measures against exploitation.

Dave and Alisha provide essential insights on elder care planning, covering healthcare considerations, home adjustments for aging, and the necessity of healthcare directives. This episode offers valuable strategies to manage financial, health, legal, and personal risks as you age.

Support the show

Follow us on Instagram: @retirementriskadvisors
Like us on Facebook: Retirement Risk Advisors