Slate Money Money on the Mind: Prepping for Retirement Without Losing Your Mind
10 snips
Nov 6, 2025 Adrianna Adams, Head of Financial Planning at Domain Money and a certified financial planner, joins the hosts to explore the emotional complexities of retirement planning. They discuss why personal finance is largely psychological and how empathy is crucial in advising. Adrianna explains balancing short-term liquidity with long-term goals, the traits of financially secure retirees, and the pitfalls of lifestyle creep. They recommend reducing investment monitoring to ease anxiety and even suggest deleting stress-inducing finance apps. The conversation is both insightful and relieving!
AI Snips
Chapters
Transcript
Episode notes
Money Is Mostly Psychological
- Personal finance is about psychology far more than math and technical skills.
- Adrianna says about 80% of financial planning is personal and 20% is finance.
Advisor Helped More Than Numbers
- Felix recounts hiring advisors who made his wife feel more confident about money decisions.
- He realized expertise plus emotional reassurance was more valuable than raw knowledge alone.
Retirement Focus Is Emotionally Driven
- People either overfocus on today or overfocus on retirement, and spouses often balance each other.
- Retirement messaging exploits emotional memories of others' successes or failures.