Commonsense Strategies to Reboot an Uncertain Retirement

Episode description:

Americans approaching retirement—however they plan to spend their next chapters—have experienced some frightening economic waves in recently years. During the Great Recession in 2009 and the COVID-19 pandemic of the early 2020s, older workers experienced higher rates of job loss than younger ones, and many have not fully recovered. Spiking inflation and the possibility of another recession have led to stressful economic circumstances for millions who have been thrown off course and are still struggling to envision a secure future. In today’s episode, Mark Miller, a veteran journalist, author and podcaster who is a nationally recognized expert on trends in retirement and aging, walks us through a short course of decisions we can make to improve your financial security in retirement —even if it’s just a few years away. Mark, the author of the recently published book, “Retirement Reboot: Commonsense Financial Strategies for Getting Back on Track,” outlines the steps we need to remake a retirement plan – and the critical importance of managing the risk of longevity by optimizing Social Security and Medicare benefits. He’ll also talk about how to build savings—even late in the game. And he’ll provide some refreshing insights from conversations with his own children, answering their questions about retirement and discovering some unexpected conclusions about the next generation’s preparedness for their later years.

Guest description:

Mark Miller is a journalist, author and podcaster who is a nationally recognized expert on trends in retirement and aging. His writing offers a holistic view of retirement security, including healthcare and Medicare, Social Security, retirement investing, midlife careers and housing. He also writes frequently about retirement-related public policy issues, including reform of Social Security, Medicare and workplace retirement plans. Mark’s work appears at Reuters, The New York Times, Morningstar and WealthManagement.com; he also publishes a free Substack newsletter and podcast on retirement. Mark’s latest book is “Retirement Reboot: Common Sense Strategies for Getting Back on Track” (Agate Publishing, January 2023). Mark is the former editor of Crain’s Chicago Business, and Sunday editor of the Chicago Sun-Times.

Visit Mark Miller’s website, https://retirementrevised.com, to find the podcast series focusing on his new book, “Retirement Reboot: Common Sense Strategies for Getting Back on Track.” You can also subscribe to his free Substack newsletter, where Mark gives you his take on all the latest news and trends on retirement and aging, focusing mostly on personal finance, retirement planning, Social Security, Medicare and health.

Facebook: https://www.facebook.com/retirementrevised/about/?ref=page_internal

Linked In: https://www.linkedin.com/in/markjmiller/

Twitter: @retirementrevised