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Ep 58: Planning for The Things We Can’t Predict
Manage episode 366901622 series 2603366
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How do we plan for things we can’t predict? The stock market, healthcare, and taxes will all change in the future, but how? The stock market has been great over the past decade, yet a crash could happen at any time. Despite speculation, we can't be sure what the future holds.
What about healthcare costs? You can’t predict what medical coverage will cost in the future. However, we can assume it'll be higher. It’s important to structure your plan in a way that protects you from the unknown. On today’s episode, we’ll discuss the things we can’t predict when it comes to our finances and how we can protect our financial future anyways.
What we discuss:
1:29 – When will be the next market crash?
4:09 – Can you predict healthcare costs?
6:35 – What will tax rates be in the future?
9:56 – How long are you going to live?
Get additional financial information: https://retirementplaybookpodcast.com/
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