How would you envision your retirement? Would you like to travel the world, pursue your hobbies, or aim to leave an inheritance? What do you want your legacy to be?
In this episode, Ken New delves into the topic of retirement planning and highlights the similarities and differences between planning for an average-income household versus high-net-worth individuals. He explores the essential factors that apply to all retirement plans and the role of real estate assets in retirement planning.
During the episode, Ken covers the following topics:
- The four fundamental themes of retirement planning and their significance
- The impact of changes in life expectancy on retirement income planning
- Why real estate may not always be the optimal asset to include in retirement plans
- The calculation of taxes for real estate during retirement
- And much more