Fritz Gilbert

Retirement expert Fritz Gilbert and guest Teresa discuss calculating retirement, tracking expenses, health insurance, planning, and health spanning. They provide valuable insights on transitioning to early retirement, exploring medical insurance options, maximizing investments and time, and the importance of updating retirement plans.

Fritz Gilbert, an early retiree and founder of The Retirement Manifesto, shares his journey nearly four years post-retirement. He discusses the emotional adjustments required when leaving the workforce, highlighting unexpected realities versus daydreamed expectations. Fritz emphasizes finding purpose, exploring new hobbies, and the importance of planning ahead, including deciding on retirement timing and financial strategies. His insights reveal that retirement is more about personal fulfillment than just financial stability, making it a rich, unpredictable journey.

Dana Anspach, a CFP and founder of Sensible Money, and Fritz Gilbert, creator of The Retirement Manifesto, delve into the nuances of transitioning from saving to spending in retirement. They explore the intricacies of drawdown strategies and emphasize that success hinges on a hundred small financial decisions. Key discussions include managing taxes, understanding social security's impact, and avoiding common pitfalls that lead to underspending. Their big takeaway? Document your plan, automate cash flow, and enjoy life’s ‘go-go’ years.

In this discussion, Karsten Jeske, known as Big Earn, a Ph.D. in economics and withdrawal rate expert, teams up with Fritz Gilbert, author and retirement strategist. They dive into the controversial shift from the traditional 4% safe withdrawal rate to a proposed 5.5%, scrutinizing its implications. The duo emphasizes the importance of adjusting retirement strategies based on longevity and highlights critical factors like Social Security and Required Minimum Distributions (RMDs) that can impact financial independence.

In this engaging discussion, Dana Anspach, founder of Sensible Money, and Fritz Gilbert, creator of The Retirement Manifesto, share insights on joyful retirement. They explore the concept of phased retirement, with Dana revealing how a long nature trip transformed her outlook. Fritz dives into his pre-retirement preparations, emphasizing the importance of mini-retirements. They also discuss tactical financial strategies, including how to encourage meaningful spending and the role of annuities in retirement income.