09/02/2026
The most underestimated danger in retirement is a market crash. It is outliving your money.
Life expectancy has increased significantly over the past few decades. Many retirees now live into their 80s and 90s. A lower monthly Social Security benefit, locked in by an early claim, still has to last an entire lifetime.
Inflation compounds over those extra years. Healthcare costs rise. And a fixed income that felt adequate at 65 can feel very pinched at 82 if costs go up and healthcare needs increase.
Outliving your income is one of retirement's most common and most preventable risks. Social Security timing directly affects lifetime cash flow, and because that decision is permanent, it deserves more than a few minutes of thought.
Many advisors create lip-service retirement plans. Great ones build rigorous cash flow maps.
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