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.

Most Americans assume retirement will be supported by Social Security, Medicare, and family but today's financial reality tells a very different story.

In this episode of the Senior Matters Podcast, estate planning attorney Mark E. Wight and financial professional Justin Walker take a candid look at the modern retirement landscape. They discuss why most retirees have far less saved than they'll need, how rising healthcare and housing costs are reshaping retirement planning, and why relying solely on government programs or family caregivers can place enormous strain on everyone involved. This episode is the first in a series of 2.

You'll also hear an eye-opening conversation about the overlooked role of life insurance as a strategic planning tool, the risks of leaving money idle in low-yield bank accounts, and why clear, jargon-free education is essential for making confident financial decisions.

This episode is a must-listen for Idaho seniors, pre-retirees, and families who want clarity not confusion, when planning for retirement, care, and legacy.

In this episode of the Senior Matters Podcast, estate planning attorney Mark E. Wight explores the critical importance of regularly reviewing your estate plan. Mark highlights why life changes, such as marriages, divorces, or welcoming new family members, and legislative updates, can render existing plans outdated. Do you want to disinherit a loved one accidentally? He provides actionable advice on staying informed and pro-active in protecting your legacy.

Listen now to understand why an annual estate plan review can save you and your loved ones from unexpected challenges. For additional resources or to schedule a strategic review, email us at info@idahoestateplanning.com or call 208-939-7658.

Idaho Estate Planning provides a blog post with many frequently asked questions related to your estate plan annual review. Visit our blog at https://idahoestateplanning.com/blog.