Most would probably agree that the number one goal in retirement planning is to be sure your money outlives you and not the other way around. For example, a healthy non-smoking couple retiring at age 62 should plan on needing 30 years of income – that’s a long time. But our next guest says there is a lot more to retirement planning than calculating a lifetime income stream.
Mike Switzer interviews Joy Watkins, a certified financial planner with Anchor Investment Management in Columbia, SC.