Financial Planning for the Decades
In this week’s Monday Morning Market Outlook audio broadcast, I began a new series on wealth advice for listeners in all age groups. This week, I started with strategies for investors who are in their 80s.
Believe it or not, even in your 80s, you can make big mistakes with your money if you aren’t careful. Thanks to advances in medical care, it’s not uncommon for people in their 80s to have another 20 years to live, and the last thing you want to have happen to you is to outlive your money.
In fact, the idea to do a podcast on financial planning for those in their 80s was inspired by a discussion I just had with two of my newest Fabian Wealth Strategies clients, both of whom are in their 80s. My father, Dick Fabian, also is in his 80s and still going strong, so this topic is both personal and timely for me.
If you are in this age bracket, or if you have a loved one or friend that is, I encourage you to listen to this week’s audio podcast.
In the weeks ahead, I will be working my way down the decades, and that means providing advice for investors in their 70s, 60s, 50s, 40s, etc., so be sure to tune in to learn the keys to making sure your financial plan is intact and you are prepared to meet the challenges for the various stages of life.
Note: Fabian Wealth Strategies is a SEC registered investment adviser, and is not affiliated with Eagle Publishing.
Jim Woods is a 30-plus-year veteran of the markets with varied experience as a broker, hedge fund trader, financial writer, author and newsletter editor.
His books include co-authoring, “Billion Dollar Green: Profit from the Eco Revolution,” and “The Wealth Shield: How to Invest and Protect Your Money from Another Stock Market Crash, Financial Crisis or Global Economic Collapse.” He’s also ghostwritten many books and articles, as well as edited content for some of the investment industry’s biggest luminaries. Read more about Jim Woods.
