Ep 22: Is Retiring at 65 Still a Realistic Goal?

For as long as we can remember, 65 has been the age that most people are expected to retire. That’s what we were taught at an early age and it’s the number that has guided planning for some time. But is that age a thing of the past? With a that number increasing around the world, should you go ahead and expect to retire at a later date?

 

Show notes and additional resources: https://www.baschrock-fg.com/podcast/ep-22-is-retiring-at-65-still-a-realistic-goal/ 

 

Today's rundown:

1:32 – Today we want to discuss this CNBC article on retirement age increasing around the world.  

1:55 – Getting to Know Ben: What TV channel do you watch most often?

3:27 – Some background on what the article is about.

3:58 – Ben’s initial reaction to the article and the one thing he thought they missed.

5:06 – A great example of this is COBRA. That used to be an outrageous option but not anymore.

6:30 – Is Ben seeing a similar trend in retirement age with people in Ohio?

7:38 – Does Ben think that age will officially move back in the future?

9:47 – The retirement ages by country vary quite a bit.

11:00 – Where does retirement age fit into the conversation with our clients?