Building a Retirement Income Plan Independent of Government Aid
Michael Andersen begins the show by discussing the changes France made by pushing back the age of when citizens can begin pulling their government pension checks a few years in the hopes of saving a failing Social Security system. For Michael, this underscores his argument that retirees shouldn’t be basing their financial decisions on trusting the government but rather, have their own resources set aside to support themselves.
In times of financial uncertainty, this can leave many retirees stressed about how they can be sure their savings will last them for the entirety of their retirement. Michael discusses his tips on how you can build out your savings so that you can support your lifestyle throughout retirement without having to depend on the government.