Commonsense Strategies to Reboot an Uncertain Retirement

Americans approaching retirement—however they plan to spend their next chapters—have experienced some frightening economic waves in recently years. During the Great Recession in 2009 and the COVID-19 pandemic of the early 2020s, older workers experienced higher rates of job loss than younger ones, and many have not fully recovered. Spiking inflation and the possibility of another recession have led to stressful economic circumstances for millions who have been thrown off course and are still struggling to envision a secure future. In today’s episode, Mark Miller, a veteran journalist, author and podcaster who is a nationally recognized expert on trends in retirement and aging, walks us through a short course of decisions we can make to improve your financial security in retirement —even if it’s just a few years away. Mark, the author of the recently published book, “Retirement Reboot: Commonsense Financial Strategies for Getting Back on Track,” outlines the steps we need to remake a retirement plan – and the critical importance of managing the risk of longevity by optimizing Social Security and Medicare benefits. He’ll also talk about how to build savings—even late in the game. And he’ll provide some refreshing insights from conversations with his own children, answering their questions about retirement and discovering some unexpected conclusions about the next generation’s preparedness for their later years.