In this episode of the Living The Retirement Lifestyle Podcast we have as our guest Greg Aler author of Fire Your Financial Advisor and advocate for change in the world of financial services as it relates to retirement in America today. Greg has a fascinating background as you'll hear during our chat but it really does put him in a position to share what he knows about the industry and how retirees can fight back (and not just in America). Told though metaphors and recognizable events Greg shares the story inside his book of how the financial industry created a trillion-dollar empire by withholding information while over-charging and under-servicing retirees regarding the real risks of retirement. It was a very entertaining chat and we think you will see from the fact that despite being the CEO of 3 very successful companies he prefers a more relaxed look and can see why his clients would like him. We especially loved his idea that all retirees should have money set aside for fun, travel, hobbies or anything that they enjoy. https://vimeo.com/814682036 With staggering numbers of Americans living far longer than ever before (and no different to any other developed nation) our retirement savings need to go a lot further and take into account long term health care as well as investments and life savings. As we said above, what we liked best was when he said he encourages his clients to set aside money for their fun time as everyone in their retirement needs to enjoy this time of their life and not just be saving for the future. Greg has definitely stirred up a hornets nest but in a good way and highlighted the reason that the advice that your financial advisor might have given you to get to the top of "Retirement Mountain" probably won’t help get you down. That is what most retirees miss – until it’s too late... but no more! We hope you enjoyed the show as much as we did and you maybe go ask the question of your financial advisor 😀 Resources To find out more about Greg you can listen in to his podcast or tune in to his TV show - both known as Expedition Retirement. We're sure you're going to enjoy getting to know him and how he operates his business Expedition Retirement Podcast Expedition Retirement TV Show Thanks for tuning in to our podcast and show and it gave you food for thought about what lies ahead in your retirement planning and that you make sure to budget for fun as well as the necessities of life
