Episode Details

In this episode, financial expert Farnoosh Torabi tackles one of the most overlooked—and emotionally charged—areas of personal finance: planning for retirement and aging, both for yourself and the people you love.

Farnoosh breaks down the real cost of growing older, from rising healthcare and long-term care expenses to the hidden financial strain of becoming a caregiver. She offers practical guidance on how to start the conversation with aging parents before a crisis hits, what documents every family needs in place, and how to avoid the costly mistakes that derail even well-intentioned plans.

You'll learn how to assess whether your retirement savings are truly on track, the difference between a will and a trust and when you need each, why powers of attorney and healthcare directives matter, and how to protect family assets while navigating Medicare, long-term care insurance, and estate planning.

Whether you're decades from retirement or helping a parent through this stage right now, Farnoosh delivers clear, actionable steps to set your whole family up for security and peace of mind.

For more information on Farnoosh go to: Farnoosh.tv

Follow Farnoosh on Instagram: @farnooshtorabi

Check out Farnoosh's book A Healthy State of Panic

Or Listen to her podcast So Money where ever you get your podcasts

Follow us on Instagram: @every.body.talks @jenngiamo @schully

Subscribe to our YouTube channel!

Don't forget to subscribe to the podcast for free wherever you're listening.

Apple Podcasts

Spotify

Be sure to leave a 5 star rating! It really helps grow the show. If you like the show, telling a friend about it would be amazing!