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Should You Wait Until 70 to Retire?

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(3/10/23) The US Economy added 311k more job in February, and the Unemployment rate rose to 3.6%, despite a resilient economy despite inflation and high interest rates. Are we falling into the abyss? What's the difference between a "hard" and "soft" landing? Legislation being proposed would raise the minimum retirement age to 70: Can you hold out until then? More than half of the population depends upon Social Security for more than half of retirement income. Changing the words doesn't change the outcome. The problem of out-living your money. the emerging trend of single retirees; the wage gap for never-married women; how to avoid financial exploitation of your nest egg.
3:05 - Anticipating Employment Numbers [NOTE: This show aired prior to data release]
14:16 - Wait Until 70 to Retire?
30:20 - The Emerging Trend of Single Retirees; Wage gap for Never-Married Women
44:17 - How to Avoid Financial Exploitation
Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP w Senior Advisor Danny Ratliff, CFP
Produced by Brent Clanton, Executive Producer
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The latest installment of our new feature, Before the Bell | "Bulls Cling to Support" is here:
&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1&t=1s
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Our previous show is here: "Has the Fed Run Out of Room?"
&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=3s
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Resources mentioned in this podcast:
www.OlderAdultNestEgg.com
www.LivingTo100.com
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Video's referenced in this broadcast:
"Raising Money Smart Kids" | Richard Rosso & Danny Ratliff
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Contact Us: 1-855-RIA-PLAN
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#InvestingAdvice #RetirementAge70 #Employment #WageGap #SingleRetirees #Inflation #Markets #Money #Investing
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Lance Roberts
Finally, financial news that makes sense. Lance Roberts, the host of "StreetTalkLive", has a unique ability to bring the complex world of economics, investing and personal financial wealth building to you in simple, easy and informative ways but also makes it entertaining to listen to at the same time.
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