In my first article of 2024, I listed thoughts from financial experts about last year and some of their predictions and concerns for retirement issues going forward into 2024. In their view, for example, artificial intelligence will grow and have an even bigger impact on our lives. The effects of COVID are waning but still with us, as seen in continued elevated mortality rates. There is talk that maybe — just maybe — traditional pensions will make a comeback as employers see their value in attracting and keeping employees.
In this article, I will discuss changes to retirement planning that offer possible solutions to three specific retirement concerns expressed by these experts: market volatility, long-term care expenses and income taxes. All of these subjects will be with us until the end of time. But let’s look at some ways to make them less worrisome.
