Retire Sooner with Wes Moss

Carrie Schwab-Pomerantz, CFP®, is the daughter of Charles Schwab and a leading advocate for financial literacy. She has devoted her career to helping men and women from all walks of life achieve financial security and also oversees Schwab’s corporate philanthropy and employee volunteer programs. Wes and Carrie discuss a variety of important financial items to consider as you prepare for your happy retirement on today’s episode. Carrie shares when to start saving, what to look at with social security, how much you should save to retire comfortably, why you should still invest in the stock market as you get older, her start with Schwab, and more. Follow Carrie: @CarrieSchwab Learn more about your ad choices. Visit megaphone.fm/adchoices

 If inflation rears its ugly head like it did in the 1970’s we could see prices for everything that we care about and need go through the roof. How do you protect yourself if inflation is coming? Can you still retire sooner? Will you need to use more of your portfolio for basic necessities? In today’s episode, we’re talking about the history of inflation, how the national debt and recent stimulus packages could impact Americans in the next 5 to 10 years, and what rising inflation could mean for investors and retirees. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today’s episode features international best-selling author, entrepreneur, single parent, speaker, and philanthropist Chris Gardner. Gardner’s autobiography, The Pursuit of HappYness became a New York Times #1 bestseller and is also the inspiration for the critically acclaimed film “The Pursuit of HappYness” for which Will Smith received the Golden Globe, Screen Actors Guild, and Academy Award nominations for his performance. Chris has a fascinating story and was a huge inspiration behind the start of Wes’ research on the relationship between money and happiness. Wes and Chris discuss how bringing his book to life on the big screen with Will Smith changed his life, why he thinks many people are afraid to realize their dreams, the three most important decisions you can make, the concept of Atomic Time, and the inspiration behind his newest book, ‘Permission to Dream’. Find out what Chris thinks we should all know about the new "Three Rs," and how he is focusing on helping and inspiring teens around the country.To find out more on Chris Gardner, visit https://www.chrisgardnermedia.com/Buy Permission to Dream: https://www.amazon.com/dp/0063031566/ref=cm_sw_em_r_mt_dp_JG8CFWC78RR4EHD1W49FFollow Chris on Instagram @ceoofhappyness Learn more about your ad choices. Visit megaphone.fm/adchoices

What will new, higher corporate taxes mean for retirees and the economy?No matter where you are on taxes, no one likes to think of them going higher. That’s why they’re important to talk about. Taxes are a large piece of our financial portfolios and the more we’re educating ourselves the easier it is to stay on the path to a happy retirement. In today’s episode, we discuss how to navigate the cards we’re dealt with when it comes to corporate taxes. Learn more about your ad choices. Visit megaphone.fm/adchoices

Ed Slott is a nationally recognized IRA distribution specialist, professional speaker, television personality, and best-selling author. He is known for his unparalleled ability to turn advanced tax strategies into understandable, actionable, and entertaining advice. This is the most interesting conversation we’ve ever had about taxes. Wes and Ed discuss what exactly the new ‘retirement savings time bomb’ is and how big of a threat it is to retirement savers, understanding Roth IRAs vs. IRAs, the foundational principle of taxes, what planning options retirement savers now have, when to convert from traditional to Roth, potential tax changes under the new administration and so much more. As investors, there are several lessons we can all take from Ed today and we hope this conversation leads you to become a smarter taxpayer and retiree.Follow Ed:https://www.irahelp.com/Twitter: @theslottreport Learn more about your ad choices. Visit megaphone.fm/adchoices

Wes talks about an unassuming force when it comes to investing - Stock Dividends. If there’s ever a concept in investing to remember, it’s this one. They don’t often make the flashy headlines, but the pursuit of dividends is perhaps worthy of a life’s work for any investor. Wes compares what you can get from stock dividends and bond interest based on a study done by his firm, Capital Investment Advisors. There are many ways to invest, but the focus at Retire Sooner is to help you understand your investments and what they can produce for you in income once you stop working. As you listen to the episode today, focus on how you can make your money grow and payout over time.Capital Investment Advisors’ study that compares how an investment in equities for dividend income has fared relative to investing in bonds for income: https://www.wesmoss.com/news/the-power-of-investing-in-dividends-generating-income-from-stock-dividends-vs-bond-interest/ This information is provided to you as a resource for informational purposes only and should not be viewed as investment advice or recommendations. Investing involves risk, including the possible loss of principal. There is no guarantee offered that investment return, yield, or performance will be achieved. There will be periods of performance fluctuations, including periods of negative returns. Past performance is not indicative of future results when considering any investment vehicle.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.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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Gretchen Rubin is one of today’s most influential and thought-provoking observers of happiness and human nature. She’s known for her ability to distill and convey complex ideas with humor and clarity, in a way that’s accessible to a wide audience. She’s the author of many books, including the blockbuster New York Times bestsellers The Four Tendencies, Better Than Before, and The Happiness Project. She has an enormous readership, both in print and online, and her books have sold over 3.5 million copies worldwide, in more than thirty languages. (The Happiness Project spent two years on the bestseller list.)On her top-ranking, award-winning podcast “Happier with Gretchen Rubin,” she discusses happiness and good habits with her sister Elizabeth Craft.She’s been interviewed by Oprah, eaten dinner with Daniel Kahneman, walked arm-in-arm with the Dalai Lama, had her work written up in a medical journal, and been an answer on the game show Jeopardy!In her work, she draws from cutting-edge science, the wisdom of the ages, lessons from popular culture, and her own experiences to explore how we can make our lives happier, healthier, more productive, and more creative.Gretchen Rubin started her career in law and was clerking for Supreme Court Justice Sandra Day O’Connor when she realized she wanted to be a writer. Raised in Kansas City, she lives in New York City with her husband and two daughters. Where to find herPodcast - Happier with Gretchen Rubin Website - https://gretchenrubin.com/ Facebook - Gretchen RubinTwitter - @gretchenrubin Learn more about your ad choices. Visit megaphone.fm/adchoices

Wes sits down with consumer advocate, radio and podcast host, and best-selling author, Clark Howard to discuss his childhood, interest and background in the financial world, his journey from a struggling college student to a happy retiree, how he got started in radio, TV, and now podcasting, and his single favorite piece of financial advice. Clark’s passion for action and service and to share ‘practical ways to save more, spend less and avoid getting ripped off’ shines through the work he does for consumers across the country. You can see more of Clark's great advice at Clark.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we’re talking about one of the most important rules you can learn and understand as you plan for retirement. The 4% Rule is an indicator for retirees to determine how to utilize your savings for income in your post-career years. Recently, some exciting news broke in the financial world that may mean you could retire months or even years ahead of your current schedule.In this episode, Wes explains how it works, discusses the controversy the rule has faced over the years, the exciting new development to this rule, and how retirees can use The 4% Rule to support their happy retirement.4% Rule - background, history, and a general outline of Bengen’s study - https://www.wesmoss.com/news/the-new-verdict-on-the-4-rule-for-retirement/ Good News For Retirees Seeking Consistent Income: The 4% Rule Of Thumb Could Potentially Now Be 4.5% - https://www.wesmoss.com/news/good-news-for-retirees-seeking-consistent-income-the-4-rule-of-thumb-could-now-be-4-5/  Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we are joined by Kat Cole, former President and COO of North America for Focus Brands which owns famous companies such as Auntie Anne’s Pretzels, Cinnabon, McAlister’s Deli, Moe’s Southwest Grill and more. Kat shares her life story growing up surrounded by poverty and with an alcoholic father. She also describes how her upbringing has defined her relationship with money and happiness. In this episode, Kat breaks down the valuable financial and business lessons she learned working in the restaurant industry and how she built her career to now lead multi-billion dollar businesses. We hope you find Kat's vulnerability inspiring and endearing as you work towards your retirement goals.Follow Kat Cole on Instagram and Twitter: @katcoleatl Learn more about your ad choices. Visit megaphone.fm/adchoices