On the Money: The 5 Years Before Retirement

On this episode of "On the Money," Paul Ruedi, David Ruedi, CFP®, Ryan Repko, CFP®, and Dr. Fred Giertz discuss moves to make in the 5 years leading up to retirement.

(1:46) The Big Beautiful Bill

(7:35) Caller question: What is the maximum amount you can have in your estate and still avoid probate?

(14:53) Illinois having a hard time attracting young workers

(16:37) The 5 years leading up to retirement

(20:13) Caller question: My husband retired and I am a younger spouse. I am the caretaker for an adult son so I can’t work. What are my options for health care coverage?

(38:22) Funding long-term care before retirement

(45:13) Caller comment: Nobody in their 20s saves a ton of money.