On the Money: Social Security and Long-Term Care

On this episode of "On the Money," Paul Ruedi, David Ruedi, CFP®, Ryan Repko, CFP®, and Dr. Fred Giertz discuss Social Security and long-term care.

 

(2:23) US bombs Iran’s nuclear program

(6:58) American companies and households have better balance sheets after 2008

(9:13) The average retiree spend $5,000 per month

(13:53) The average Social Security benefit is close to $2,000

(18:15) What percent of people have $1 million or more in retirement accounts?

(26:07) Social Security full retirement age

(36:46) Long-term care

(43:44) How Paul is going to plan for long-term care