
This episode covers retirement risks, including long-term care, cognitive decline, behavioral risks, and assumptions about the future. Jesse Kramer discusses strategies to mitigate these risks.
Jesse Kramer, a financial planner, continues the conversation from episode 140, identifying various retirement risks. He highlights long-term care costs, shock spending, and the emotional challenges associated with supporting adult children.
He explains the financial implications of cognitive decline, emphasizing the importance of backup systems and trusted contacts to manage financial decisions effectively.
Behavioral risks are addressed, with Jesse recommending automation and creating a written investment policy to avoid emotional decision-making. He also discusses assumptions risk, stressing the need for realistic projections in retirement planning.
Finally, Jesse touches on policy and legislation risks, urging listeners to consider potential changes in social security and tax laws that could impact their retirement plans.
Jesse Kramer discusses retirement risks and strategies to mitigate them, focusing on long-term care, cognitive decline, and behavioral decision-making.

You can’t get a loan for your retirement.The 14 Retirement Risks - And How to Combat Them (Pt 2) - E141
Time is your friend inside your financial plan.The 14 Retirement Risks - And How to Combat Them (Pt 2) - E141
You might be your own worst enemy.The 14 Retirement Risks - And How to Combat Them (Pt 2) - E141
Behavior risk can undo so much important work you've already done.The 14 Retirement Risks - And How to Combat Them (Pt 2) - E141
You don’t want to retire from something, you want to retire to something.The 14 Retirement Risks - And How to Combat Them (Pt 2) - E141
Show me where I’m going to die to make sure I never go there.The 14 Retirement Risks - And How to Combat Them (Pt 2) - E141