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How to 'die broke' without running out of money

This interview originally aired on "In the Moment" on SDPB Radio.

Here's a question that can inspire a bit of anxiety no matter your age: Are you saving up enough for retirement?

As long-term care costs balloon and life expectancy rises, some people outlive their financial resources. Though the notion of spending your final penny on your final day has its appeal, the reality is much more complicated.

Rick Kahler is a wealth advisor and president of Kahler Financial in Rapid City. He helps us navigate the charges, fees and costs of long-term care.

Read his full blog post.

Tags
Business & Economics In The Moment SegmentsFinance | Banking | Money | Cryptocurrency
Lori Walsh is the host and senior producer of In the Moment.
Ellen Koester is a producer of In the Moment, SDPB's daily news and culture broadcast.
Ari Jungemann is a producer of In the Moment, SDPB's daily news and culture broadcast.