Retire Sooner with Wes Moss

The happiest retirees practice numerous habits that lead to a fulfilling life. In this episode, Wes continues revealing the do’s and don’ts of the happiest retirees and the advantages of adding those do’s into your own routine.In addition, Wes dives into diet and nutrition, explains why it’s important to possess healthy social connections, provides the benefits of traveling with friends, and outlines his new book What the Happiest Retirees Know: 10 Habits for a Healthy, Secure, and Joyful Life. Learn more about your ad choices. Visit megaphone.fm/adchoices

There’s nothing wrong with being a hard worker. Some may even consider hard work as their superpower. However, could hard work and earning an income cost you your happy retirement?In this podcast episode, Wes interviews Roger Whitney, a financial advisor for more than 25 years and host of the award-winning Retirement Answer Man® podcast. During the episode, Roger and Wes define the Shawshank Paradox and how to break away from your job to transition into retirement. Roger also shares his personal client and listener experiences, the five regrets that people have at the end of their life, creating an amazing life today versus being okay later on, financial planning, goal setting, and the correlation between the Shawshank Paradox and the Retirement Grey Zone. Learn more about your ad choices. Visit megaphone.fm/adchoices

What separates the happy retirees from the unhappy retirees? It’s not just one habit, but multiple habits that happy retirees implement throughout their routine. In fact, practicing these life, financial, social, and family habits can lead you to living your best life during retirement.In this podcast episode, Wes reveals a few of the habits of the happiest retirees. Wes also shares his purpose for studying these habits, his research and findings about retirement, the do’s and don’ts of retirement, the financial habits of joyful retirees, and outlines his new book What the Happiest Retirees Know: 10 Habits for a Healthy, Secure, and Joyful Life.If you'd like to access the complimentary workbook, please visit - https://info.yourwealth.com/workbook-for-what-the-happiest-retirees-know Learn more about your ad choices. Visit megaphone.fm/adchoices

Saving and budgeting your money is important to your financial success, both before and after retirement. Although saving comes with restrictions, it’s important that you don’t restrict yourself from enjoying the little things in life.In this podcast episode, Wes interviews Joel Larsgaard, one half of the popular personal finance podcast, How To Money. Joel discusses how to budget while giving yourself permission to spend money on what’s important to you. He also shares questions from his podcast listeners, his personal experience with family finances growing up, real estate, over constraint, and having “peace out” money.This is provided as a resource for informational purposes and is not to be viewed as investment advice or recommendations. This information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. The mention of any company is provided to you for informational purposes and as an example only and is not to be considered investment advice or recommendation or an endorsement of any particular company. Past performance is not indicative of future results. Investing involves risk, including the possible loss of principal. There is no guarantee offered that investment return, yield, or performance will be achieved. The information provided is strictly an opinion and for informational purposes only and it is not known whether the strategies will be successful. There are many aspects and criteria that must be examined and considered before investing. This information is not intended to, and should not, form a primary basis for any investment decision that you may make. Always consult your own legal, tax, or investment advisor before making any investment/tax/estate/financial planning considerations or decisions. Investment decisions should not be made solely based on information contained herein. Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you, a parent, or a spouse transitioning to an assisted living facility? Determining what steps to take when paying for the expenses is a significant role, especially if your loved one is not present to make all decisions. It all comes down to identifying the best strategy to optimize the finances while ensuring that taxes are accounted for.Today’s podcast episode is based on a call received by a listener. Wes explains how to maximize the assets of a parent or spouse when you are in charge of their expenses. He also discusses five things to consider when distributing assets, the importance of managing finances, utilizing IRA money, why having caution about taxes is essential, and how he would handle the situation of the listener. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week we’re taking a peek behind the scenes of child stars and the financial struggles that are so often associated with them. Jason Minor, a former Mickey Mouse Club member and child star turned financial advisor, offers his insider knowledge on how individuals such as Britney Spears end up earning significant sums in their formative years only to lose it all. Jason offers suggestions on how a #FreeBritney-like movement can be avoided for the next generation of young rising stars, and we can all learn about the importance of financial planning whenever presented with a sudden cash windfall. Learn more about your ad choices. Visit megaphone.fm/adchoices

Is the US economy in a market bubble that could burst sooner than we think? It’s the question that has been on the minds of many investors causing some degree of fear, anxiety, and uncertainty. After all, we keep witnessing the market hit new all-time highs and investors want to have the confidence that their money is still being put to work.In today’s episode, Wes addresses this common question and discusses the history and lessons we can learn from one of the greatest economic bubbles in history that occurred in Japan during the 1990’s. Wes also shares five nearly unbelievable scenarios that happened during Japan’s bubble, identifies the mark of a bubble, and discusses cycles of bear and bull markets. Learn more about your ad choices. Visit megaphone.fm/adchoices

What can I do to retire sooner? What should I be investing in? What is the status of the stock market? Don’t fret. You came to the right place!In this podcast episode, Wes answers questions sent in from podcast listeners. He also addresses his overall mission to help families retire happy. Additionally, he shares insights and tips around retirement, real estate, investing, and finances.This is provided as a resource for informational purposes and is not to be viewed as investment advice or recommendations. This information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. The mention of any company is provided to you for informational purposes and as an example only and is not to be considered investment advice or recommendation or an endorsement of any particular company. Past performance is not indicative of future results. Investing involves risk, including the possible loss of principal. There is no guarantee offered that investment return, yield, or performance will be achieved. The information provided is strictly an opinion and for informational purposes only and it is not known whether the strategies will be successful. There are many aspects and criteria that must be examined and considered before investing. This information is not intended to, and should not, form a primary basis for any investment decision that you may make. Always consult your own legal, tax, or investment advisor before making any investment/tax/estate/financial planning considerations or decisions. Investment decisions should not be made solely based on information contained herein. Learn more about your ad choices. Visit megaphone.fm/adchoices

When it comes to finances, money conversations can be a difficult topic for some couples. Surprisingly, it’s also common for couples to be clueless about each other’s salaries and what their combined money is being used for. Although money is a major cause of divorce, it can be prevented through better communication and teamwork.In this podcast episode, Wes tackles the touchy subject of couples and their finances. He also explores relationship data in regards to talking about money, relationship transparency, why communication is key, how communication can impact your retirement, and the communication tendencies of happy retirees.https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/about-fidelity/Fidelity-Couples-and-Money-Fact-Sheet-2021.pdf Learn more about your ad choices. Visit megaphone.fm/adchoices

Income streams and social security benefits are important aspects of retirement, but it’s important to also consider another critical factor: Medicare. Although Medicare is essential to numerous people across the U.S, it’s a complicated subject with many levels to understand. In the long run, knowing the ins and outs of Medicare can help you better prepare for retirement.Mary Beth Franklin, a leading specialist on social security and Medicare and writer of a weekly column on retirement issues for Investment News, is back to explain Medicare in this week’s episode. She also clarifies the difference between Medicare and Medicaid, Medicare enrollment, penalty payments, parts A, B, C, and D of Medicare, and health insurance wrinkles. Learn more about your ad choices. Visit megaphone.fm/adchoices