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[0:00] ..." Peering in at retirement realities with certified financial planner Dee Lee and that today we're looking at two. Probably some of the hard facts of reality and retirement. And that's the potholes in retirement plan -- couples mess of everything not only the roads and our lives you know and some of them we can plan for."...
[0:40] ..." become disabled. Death of a spouse. Average age of -- hood the United States is around 57. And death often may leave his surviving spouse ill prepared to maintain a comfortable retirement divorce. Still 50% this is the number one reason people over 55 contacting attorney and"...
[0:00]" Peering in at retirement realities with certified financial planner Dee Lee and that today we're looking at two. Probably some of the hard facts of reality and retirement. And that's the potholes in retirement plan -- couples mess of everything not only the roads and our lives you know and some of them we can plan for. Some of them you can avoid and others you have no control over. Inflation is the number one enemy number one possible for retirees everything costs more than it did last year gas medicine groceries fuel oil so if you're living in a fixed income in retirement becomes very hard to maintain your lifestyle illness and disability. You cannot you don't knowing you're gonna become -- don't know if you're gonna become disabled. Death of a spouse. Average age of -- hood the United States is around 57. And death often may leave his surviving spouse ill prepared to maintain a comfortable retirement divorce. Still 50% this is the number one reason people over 55 contacting attorney and more divorces are being that I carried out later in life they aren't they because all of a sudden the kids are grown. You wake up 1 morning you know who's this person I'm living with we don't have anything to talk about the kids are gone. Children and grandchildren are children around like boomerang since all of -- that it syndrome. You know we toss amount they bounced back and sometimes they bounced back with kids of their own. And sometimes they leave without taking their kids 12% of grandparents are raising their grandchildren. 25% of retirees are taking care of their grandchildren full time in the babysitters so their kids can work again limiting your options later in life. And also they found that. Grandparents were taking care of their grandkids. Are more apt to have ill health and I don't know whether it's a stress of chasing -- three year old could be but it is very very stressful. Elderly parents to care for your parents are living longer may require your help and 65 you could conceivably have an 85 year old mom. And a five year old granddaughter both needing to drag him to daycare yeah I'll hold these responsibilities all of a sudden. Now another big -- running out of money. Spent some time your financial planner to figure out how you're going to withdraw money premier retirement account PG want to figure you're going to live to a hundred C going to make the money last as long --"
[2:15]" Okay take a look at all the lists on our website wbz1030.com under retirement realities. And will have more tomorrow here on WBZ news radio 1030"
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