Baby Boomers: Retirement Questions That Every Generation Is Asking

What financial questions are every generation asking? Over the course of this three-part series, there will be something for everyone! Every generation has a different set of scenarios and priorities they are facing.

Today, we’ll focus on six common financial questions Baby Boomers are asking (and then in future episodes we’ll dive into the questions Gen X and Millennials are facing). These are generic questions that David hears every day in his office, but remember that broad advice doesn’t always apply to your unique situation. Be sure to reach out to a financial advisor to find out the answers to these questions are for you.

 

Here’s some of what we discuss in this episode:

• How much market volatility should I have as I approach retirement?
• What’s the best approach to transition to retirement account withdrawals?
• How does the rising costs of healthcare fit into a plan?
• What’s the best way to pass on wealth to my heirs?
• How can I maximize my Social Security benefits?
• Should I downsize or relocate during retirement?

 

For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.