The Clark Howard Podcast 08.05.25 Ask An Advisor With Wes Moss
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Aug 5, 2025 
Wes Moss, a Certified Financial Planner and author, joins to share valuable insights for savers aged 55 and older. He discusses vital ‘catch-up’ strategies that can significantly boost retirement savings, highlighting contributions to 401(k)s and HSAs. Wes breaks down the 4% rule, a crucial guideline for sustainable withdrawals, alleviating fears of running out of money. Plus, he answers listener questions about navigating financial challenges in retirement and offers guidance on emerging market investments.
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Catch-Up Contributions Success Story
- Bruce and Lisa started saving from scratch at age 50 and accumulated significant retirement money by their mid-60s.
- They maximized 401(k) contributions and benefited from catch-up provisions to build a $1.5 million nest egg.
Maximize Catch-Up Contributions
- Use the catch-up toolbox post-50, including increased 401(k), IRA, and HSA contributions, plus new super catch-up for those 60+.
- Max out these contributions to add thousands annually and boost retirement savings significantly.
Real-Life HROB Family Example
- Renee and her husband became first-time parents in their 40s through IVF, bought a home and built $1.6 million in retirement savings.
- Wes Moss confirms their financial and lifestyle choices align with being Happiest Retirees on the Block (HROB).