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The 4 Pillars of the “New” Definition of Retirement, Ep #174
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:26:52
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Sinopsis
Edward Jones recently completed a large study on the 4 pillars of the “new” retirement. So in this episode of Best in Wealth, I’m going to talk about some of the topics covered in this study: changing times, the definition of the new retirement, the definition of success, and the 4 pillars. Don’t miss it!Outline of This Episode[1:37] How do you feel about change?[4:08] The speed of change is accelerating[8:13] The definition of the new retirement[14:00] The definition of success[18:56] The 4 Pillars of the New RetirementThe speed of change is acceleratingRetirement has completely changed over the last 10–50 years. People used to work until 65, retired, and didn’t live much longer. People lived on pensions and social security. 401ks weren’t in existence. Now, people are living longer than ever (the average life expectancy is projected to skyrocket from 47 at the start of the 20th century to 85 by 2020).The aging of the massive Boomer generation is unprecedented. 86 million people will be over the age of 65 in