{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/6abd307182177b9ab84f4a88/6acfce787e362d7be288f29d?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"The surprising mistake many retired people make","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/6abd307182177b9ab84f4a88/1792003801205-4bfcb5f5-eac6-482c-8587-6bd50a9b4900.jpeg?height=200","description":"<p>Marian is retired and enjoying the life she worked so hard to build. But as she watches her friends age and lose their independence, she can&#39;t stop wondering what her own version of that might look like — or how to pay for it. </p><p><br></p><p>Michelle and Marian talk through her retirement &quot;buckets,&quot; explore the possibilities of long term care, and whether she’s really prepared for what lies ahead.</p><p><br></p><p>Want Michelle to answer your money question? Email <u><a href=\"mailto:dollarsandsense@washpost.com\" rel=\"noopener noreferrer\" target=\"_blank\">dollarsandsense@washpost.com</a></u> for a chance to be on the show.</p><p><br></p><p>00:00 Welcome to Dollars &amp; Sense with Michelle Singletary</p><p>02:08 Meet Marian</p><p>03:31 Losing Her Husband and Estate Planning</p><p>04:56 Selling the Business During the Pandemic</p><p>06:20 Inheriting an IRA and Explaining RMDs </p><p>07:52 Social Security and Consolidating Investments</p><p>12:25 Breaking Down Marian&#39;s Current Financial Plan</p><p>15:35 The Bucket Approach</p><p>17:48 Long-Term Growth and Coverage</p><p>19:09 Grieving the Business You Built </p><p>21:13 Aging Without Kids: Who Will Look After You? </p><p>27:08 The Chapter In Between</p><p>28:12 Staying Put vs. Pivoting: Six Steps to Smart Decisions </p><p>35:15 Giving Yourself Permission to Spend </p><p>38:28 Final Thoughts: Why an Objective Third Party Matters </p>","author_name":"The Washington Post"}