Ep 98: Interview with Retirement Researcher Dr. Michael Finke Part 2

Dr. Michael Finke is a professor and chair of Economic Security Research at The American College of Financial Services. 

 

Listen to Kevin and Michael chat about a wide range of key retirement issues, the research behind them, as well as current topics: Life expectancy differences for average vs. wealthy people, what makes a retiree happy, why Social Security is such a good deal, how inflation impacts retirees differently than workers, why the current market environment contains much bad news for retirees, and much more. 

 

A big "thank you" to Dr. Finke for sharing his original research and wisdom. No doubt this is one of those episodes you may want to find yourself listening to twice. 

 

About our guest: https://www.theamericancollege.edu/our-people/faculty/michael-finke 

 

What we discuss in this episode: 

1:05 - Shiller PE Ratio

5:01 - Behaviors 

6:44 - Spending habits

11:01 - Tax rate risks

11:55 - Cognitive impairment

15:25 - Women vs men

16:36 - RMD jail 

20:46 - Final thoughts

 

Read more and get additional financial resources here: https://www.truewealthdesign.com/podcast/