In a holiday reprise edition of the Lifetime Income Series, Jim speaks to the reality that traditional retirement has changed. People are living longer, staying in the workforce longer, and dealing with an investment environment where interest rates are at historic lows and markets are more complicated than ever before. Retirees also face the challenge of rapidly rising health care costs on a fixed budget. The result is that most Americans in or near retirement feel insecure, especially if they have no plan for getting through retirement. This week Jim and John look at the evolving retirement picture, and suggest some potential solutions to this complex issue. They illustrate some of these issues through the case study of Bill and Dianne Bennett. The guest this week is Erica Pitsch, a Doctor of physical therapy and a board certified specialist in neurologic physical therapy, as well as a Health Science Assistant Clinical Professor at the University of California, San Francisco. Erica discusses the importance of fitness and the appropriate types of exercise for those in or nearing retirement, as well as common injuries to seniors, and the best ways to prevent them.
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