Retire Sooner with Wes Moss

Financial chaos can catch us off guard, but we can combat this unforeseen challenge through knowledge and being prepared in advance. To help we’ve called on the Financial Samurai himself, Sam Dogen. He is the mastermind behind FinancialSamurai.com, writer, podcast host, author, and a legend in the financial planning, retire early, and FIRE Movement world.Sam reveals how and why he got into writing, what his life in retirement looks like now, along with how to not feel guilty working if you have children. He also explains how his financial needs evolved once he stopped working and his frequent pull to return to work, provides details from his book Buy This, Not That: How to Spend Your Way To Wealth And Freedom, bad debt versus good debt, and shares a helpful home buying rule. Furthermore, Wes and Sam talk through buying your piece of America now while you can and address a valuable spending rule. Learn more about your ad choices. Visit megaphone.fm/adchoices

As investors, we should train and remind ourselves to focus on the value of companies as opposed to the value of their stocks. Ultimately, doing so can help to relieve market volatility and leave us sleeping better at night.Listen as Wes Moss discusses how the Federal Reserve currently impacts the market along with how investors should examine the market for their mental well-being. Wes also analyzes details from a happiness study performed by the author of Happier Hour: How to Beat Distraction, Expand Your Time, and Focus on What Matters Most. To conclude the episode, Wes unveils ways to decrease anxiety around investing and why investing should start and end with a plan. Learn more about your ad choices. Visit megaphone.fm/adchoices

Your dreams shouldn’t have an expiration date, even in retirement. In this episode, Wes sits down with Patrice Jenkins, Ph.D., an organizational psychologist, retirement speaker, Founder of Day One Dreams, and author of “What Will I Do All Day?: Wisdom to Get You Over Retirement and On With Living!”Patrice explains how it’s never too late to go after your dreams, but you have to start today, the intricacies of success stories, and details from her book. Additionally, she discusses how thriving has two components, the similarities between thriving at work and thriving in retirement, along with where intrinsic motivation stems from. To wrap up the episode, Patrice talks about figuring out retirement as you go but planning in advance, finding new roles in retirement, and what retirement means to her. Learn more about your ad choices. Visit megaphone.fm/adchoices

Inflation has many investors questioning financial planning and spending decisions, including those making arrangements for a happy retirement. One frequently used concept that can help with retirement spending during times like these lies in the 4% Plus Rule. Listen as Wes Moss explains the math behind the rule during this episode.Wes shares how running out of money is a top fear, why history can help us navigate through budgeting, and lists similarities between budgeting and dieting. He also talks through starting top down as opposed to bottom up when it comes to spending and provides examples of how the 4% and 4% Plus Rules can be used. Later in the episode, Wes discusses safe withdrawal rates, the importance of planning ahead of schedule, and why flexibility is the key in the budgeting process. Learn more about your ad choices. Visit megaphone.fm/adchoices

Each generation is different. In fact, some generations are so hard-wired and hardcoded with their own values, that they may overlook the views of others. However, if we understood the generations outside of our own we could better sympathize and empathize with them in our daily lives, workplace, and family life. To help us comprehend each generation, we’re joined by Chris De Santis, organizational behavior speaker, facilitator, consultant, and author of Why I Find You Irritating: Navigating Generational Friction at Work.Chris describes each generation in detail and generalizes the values and beliefs of those generations. He also explains generational differences, defines what it means to be a humanist, and shares why he believes the best teams are complementary instead of competitive. To conclude, Chris reveals details from his book, the key to generational harmony in a business, and how our early years impact our outlook on life’s principles. Learn more about your ad choices. Visit megaphone.fm/adchoices

So you’ve retired. What comes next? Many retirees find themselves lingering within the retirement grey zone as they make their full transition into this new phase of life. But what if there is a second act following your career? One that could check off all the boxes; multiple streams of income, core pursuits, and socialization. Retirement coach and author of Second-Act Careers: 50+ Ways to Profit From Your Passions During Semi-Retirement, Nancy Collamer, joins this episode to talk through exploring second-act careers and how they can benefit you in the long run.Listen as she provides tips for finding your second act, expert streams of income, and explains why it’s never too early or too late to start your second act in retirement. Nancy also shares how she pinpointed her second act, why trying things you’re interested in can lead to new opportunities, and the top fear of those seeking a second act. To conclude, Nancy describes the concept of a Reinvention R&D Budget, utilizing gig platforms, and Wes shares some insight about finding his core pursuits in life. Learn more about your ad choices. Visit megaphone.fm/adchoices

2022 has not been an ideal year for some investors. Tune in to today's episode as Wes Moss explains what considerations to make.Wes walks through how the market has impacted investors for the past few years, his insights on whether or not we are in a recession, and why 2022 still has a strong job market along with a sturdy travel industry. Additionally, he touches on having a disequilibrium when it comes to the consumer and how easy it is for investors to leave when markets get volatile. The episode wraps up with Wes sharing why businesses are the military of the economy and methods for riding through this tough year from an investment standpoint. Learn more about your ad choices. Visit megaphone.fm/adchoices

What if we told you aging like fine wine and fitness go hand in hand? While some seek to kickstart their fitness journey when faced with health issues in their later years, they soon find that their newly discovered lifestyle, combined with a little discipline, can go a long way. James “Jim” Owen, a forty-year veteran of Wall Street, speaker, and author joins this episode to talk through his journey of finding fitness later in life and how it turned things around.Jim shares what started his fitness journey along with when health became a priority. Furthermore, he reveals details from the books he’s written, defines a super ager and what it entails, and lays out why it’s important to start slow and make a commitment to yourself. He later uncovers his own fitness struggles, tips for increasing your health, and explains his 2-day rule accompanied by a secret to motivating yourself to workout. Learn more about your ad choices. Visit megaphone.fm/adchoices

A daunting question has been lingering in the minds of many U.S. investors - Are we in a recession in 2022? Tune in as Wes tackles this question and more during the episode.Listen as Wes talks about how we’re living in a similar economy to the 1950s, what the media declares about being in a recession, and the National Bureau of Economic Research’s role and criteria. Additionally, Wes uncovers political views about a recession and why your long-term retirement plan doesn't have to be impacted. To wrap up the episode Wes reminds listeners that there are more years of spending ahead than you think and describes how the combination of stocks and bonds is important for any investor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Many of us experience anxiety. It’s normal to feel it before a big test, speaking in public, competing in a sporting event, and so on. Though a little bit of anxiety can be a good thing, we must be careful not to let these levels increase beyond the point of becoming a disorder. Dr. Gail Saltz, psychiatrist, psychoanalyst, columnist, podcast host, and television commentator joins Wes Moss to explain how anxiety can be alleviated with a little awareness and what happens when happiness and anxiety converge.Dr. Saltz starts the episode by sharing her thoughts on anxiety and how it can go from good to bad, as well as the most generalized anxiety disorder. Dr. Saltz and Wes also discuss how anxiety would have been treated 100 years ago, her favorite book she’s written, and the most common diagnosis in children. To wrap up the episode Dr. Saltz opens up about the most effective way to help people struggling with anxiety, if she believes teletherapy works, where we are in the evolution of helping more people, and provides Wes with key advice for how he can be a better partner. Learn more about your ad choices. Visit megaphone.fm/adchoices