Recession Proof Your Retirement, part 2
Tue Jan 27 2026
Is your money really as safe and effective as you think? In this episode of the Senior Matters Podcast, estate planning attorney Mark E. Wight and financial professional Justin Walker examine the growing risks of relying solely on traditional bank accounts in an era of rising national debt. With the federal government carrying nearly $38 trillion in debt, questions are emerging about long-term guarantees behind FDIC insurance and the sustainability of cash-heavy retirement strategies. The continued conversation from the 1st episode that aired 2 weeks ago, explores why many retirees hold large amounts of cash that fails to grow, how permanent life insurance can provide liquidity, tax advantages, and long-term care protection, and why understanding the three phases of retirement spending is critical to making money last. Listeners will gain clarity on how insurance products can complement, not replace traditional savings, offering flexibility, protection, and peace of mind throughout retirement and beyond. To listen to the first episode, visit https://idahoestateplanning.com/podcast. To schedule an appointment with estate planning attorney Mark E. Wight to consider your estate plan, review and existing plan or completely redo a current plan, contact Idaho Estate Planning at https://idahoestateplanning.com/contact or call 208-939-7658.
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Is your money really as safe and effective as you think? In this episode of the Senior Matters Podcast, estate planning attorney Mark E. Wight and financial professional Justin Walker examine the growing risks of relying solely on traditional bank accounts in an era of rising national debt. With the federal government carrying nearly $38 trillion in debt, questions are emerging about long-term guarantees behind FDIC insurance and the sustainability of cash-heavy retirement strategies. The continued conversation from the 1st episode that aired 2 weeks ago, explores why many retirees hold large amounts of cash that fails to grow, how permanent life insurance can provide liquidity, tax advantages, and long-term care protection, and why understanding the three phases of retirement spending is critical to making money last. Listeners will gain clarity on how insurance products can complement, not replace traditional savings, offering flexibility, protection, and peace of mind throughout retirement and beyond. To listen to the first episode, visit https://idahoestateplanning.com/podcast. To schedule an appointment with estate planning attorney Mark E. Wight to consider your estate plan, review and existing plan or completely redo a current plan, contact Idaho Estate Planning at https://idahoestateplanning.com/contact or call 208-939-7658.