Reported about 16 hours ago
In the latest episode of Yahoo Finance's 'Decoding Retirement,' Robert Powell discusses the evolving concept of retirement with Andy Smith from Edelman Financial Engines, who emphasizes the importance of personalizing retirement plans. As changes in Social Security provoke anxiety, particularly among younger Americans, Smith advocates for a dynamic approach to financial planning that considers various living scenarios, tax efficiency, and the potential for living longer than expected. The conversation highlights the shift away from traditional retirement models towards more adventurous and flexible lifestyles, urging individuals to actively engage with their financial future.
Source: YAHOO