085: “Social Security” in Retirement

In the first of a two-part series, Patti welcomes back Dr. Joseph Coughlin Ph.D., Director of the MIT AgeLab. Together they explain what the new “social security” is in retirement.  This new concept of social security may be more important than the actual social security checks retirees receive every month because it affects the quality of life in retirement.  In Dr. Coughlin’s book, “The Longevity Economy”, he explains why longevity planning should be part of retirement planning.  Just because someone has money and financial security, that doesn’t necessarily mean you have a life.  Patti reveals how she, as a trusted advisor, collaborates with her clients to successfully plan their retirement through longevity planning.