"Gray Divorce"
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"Gray Divorce"
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About this listen
In this episode of Money Matters, the hosts discuss various aspects of financial planning for individuals in their 60s, focusing on gray divorce trends, the importance of emotional identity in financial planning, and the implications of required minimum distributions (RMDs). They introduce the concept of the funded ratio as a new approach to assessing retirement readiness and emphasize the psychological aspects of financial security. The episode also addresses listener questions about emotional well-being in retirement, long-term care planning, and gifting money to family without jeopardizing one's financial future.
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