Will you run out of money in retirement? Should you take Social Security at 62 or wait until 70? Is long-term care insurance worth it?

In this episode, Eric Lee discusses some of the most common retirement planning questions facing pre-retirees and retirees, including how much retirement income you may need, when to claim Social Security, whether long-term care insurance is worth considering, and how inflation can affect a sustainable retirement lifestyle over time.

Eric challenges several common retirement-planning assumptions and explores five often-overlooked retirement decisions that can affect your income, family, legacy, and long-term financial confidence. Rather than focusing solely on portfolio performance, this conversation encourages listeners to think more intentionally about what a successful retirement actually looks like and how to align their financial decisions with the life they want to live.

Eric discusses:

• How much money do you want to leave behind versus spend during retirement
• The difference between maximizing Social Security benefits and maximizing long-term wealth
• Whether long-term care insurance is worth considering for your family situation
• Common retirement spending assumptions that may not reflect real life
• And more!

Contact Eric Lee:

• Purple Wealth
• LinkedIn: Eric Lee
• Email: eric.lee@purplewealth.com

What if financial planning feels difficult because we’re trying to predict a future that can’t be predicted?

In this episode, Eric Lee explores why traditional goal-setting often creates stress and anxiety around money. Instead of focusing solely on numbers and timelines, Eric explains how understanding what truly matters in life can lead to better financial decisions and greater peace of mind. He also shares how emotions, family expectations, and fear of making the wrong choice shape the way people think about money.

Eric discusses:

• Why financial goals can feel overwhelming
• The difference between goals and values
• Why time is often more valuable than money
• A simple framework for making financial decisions
• And more!

Contact Eric Lee:

• Purple Wealth
• LinkedIn: Eric Lee
• Email: eric.lee@purplewealth.com

What if the real reason couples argue about money has nothing to do with money?

This episode explores why financial decisions feel so personal, and why logic alone rarely resolves conflict.

Eric Lee unpacks the idea that while money appears to be math, it is actually experienced through emotion. He explains how most financial decisions are driven by feelings first, then justified with logic later. Through real-life examples and client conversations, Eric introduces the concept of the “money mind” and how it shapes the way individuals approach saving, spending, and giving. He also explores why couples often feel tension around money, even when they share the same goals. Instead of trying to “win” financial arguments, Eric encourages listeners to pause, recognize emotional drivers, and focus on understanding their partner. The episode offers a practical framework to help couples have more honest, productive conversations that lead to better alignment and clarity.

Eric discusses:

• Why financial decisions are emotional first, logical second
• The three money mind types: protector, happiness, and commitment
• How different money mindsets create tension in relationships
• A simple 4-question framework to improve money conversations
• And more!

Resources:

• Better Conversations Exercise

Contact Eric Lee:

• Purple Wealth
• LinkedIn: Eric Lee
• Email: eric.lee@purplewealth.com