In this podcast episode, Motley Fool analyst Asit Sharma and host Deidre Woollard discuss recent developments in the tech industry, including Google's AI ambitions and Blackstone's potential acquisitions. They also speak with Steve Chen, the CEO of NewRetirement, about retirement planning and spending. The assumption that expenses will rise with inflation in retirement is challenged, as data shows that spending typically declines by about 1% per year in retirement.
This has implications for retirement saving and the timing of retirement. The podcast also mentions Blackstone's interest in acquiring Jersey Mike's and helping L'Occitane's owner take the company private. The episode concludes with a programming note about upcoming episodes.
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