Motley Fool Money Should You Retire Sooner, and Is Your Fund Winning?
26 snips
Aug 16, 2025 
Wes Moss, a Certified Financial Planner and author of 'What the Happiest Retirees Know', shares insights on achieving a fulfilling retirement. He emphasizes the importance of hobbies and social connections, revealing that happy retirees engage more in these activities. They also dive into the effects of early retirement on happiness and the necessity of financial readiness. Additionally, Wes discusses the current chaos at the IRS and the rise in credit card debt, guiding listeners on optimizing Social Security claims and evaluating mutual fund performance.
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Respond To Real IRS Mail Promptly
- Ignore IRS email or text messages and treat them as scams.
- If you receive a mailed audit letter, respond immediately to preserve your appeals rights.
Credit Card Rates Are Historically High
- Credit card delinquencies are rising and average rates climbed to 21.2%.
- Higher rates reflect banks pricing for defaults and reward costs rather than just borrower risk.
Optimize Your Social Security Claiming
- Use free online tools like OpenSocialSecurity and the T. Rowe Price optimizer to plan claims.
- Consider paid tools like MaximizeMySocialSecurity if you want advisor-caliber modeling.
