If you’re a regular reader of this blog, you know that I think The Motley Fool really gets it right when it comes to doling out personal finance advice and providing educational and informative content.
Well, my man Jason Hall is at again, this time giving us a thorough and comprehensive guide to what we should be thinking about as we prepare to retire. The title of the piece, “Read This Before You Retire,” is direct and to the point (like me!). The headline tells you how important the information contained in the article really is.
Jason goes as deep as any journalist I know in his research and reporting. For this story, he called on me to comment on how to prepare for the unexpected. He quoted me talking about life insurance and long-term care. While sudden death is unexpected, eventual death is a certainty (as far as I know, the odds of death are still 1 out of 1).
When it comes to long-term care, the numbers, which I lay out in the TMF piece, show that needing assistance when you’re older is fairly likely.
It’s a great read. Enjoy and learn from it.
Take a look another Motley Fool article in which Jason Hall quotes me: “Baby Boomers: Face It. If You’re Not Rich Now, You’ll Never Be,” which also touches on the topic of retirement and retirement planning.