Retirement Starts Today

Planning retirement spending is tough to do since there are so many unknowns. Many people tend to take a fear-based approach and rely on the 4% rule. Some even take a step further and spend less of their nest egg. Today’s Retirement Headline urges you to take a different approach. Listen in to hear what the article advises and my thoughts on the matter. Then stick around for the listener question to learn how our national macroeconomic situation affects financial planning. Outline of This Episode [1:22] Rethink underspending in retirement [5:01] My thoughts on the article [10:12] How does our national macroeconomic situation affect financial planning? Resources & People Mentioned The Retirement Podcast Network The Morning Star article BOOK - More than Enough by Dave Ramsey BOOK - Die with Zeroby Bill Perkins Connect with Benjamin Brandt Get the Retire-Ready Toolkit:http://retirementstartstodayradio.com/ Follow Ben on Twitter:https://twitter.com/retiremeasap Join the newsletter: https://retirementstartstodayradio.com/newsletter Dive deeper into retirement planning with Ben at www.RetirementIncome.University Subscribe to Retirement Starts Today on Apple Podcasts,Stitcher,TuneIn,Podbean,Player FM,iHeart, orSpotify

I don’t know about you, but I want to stay active and healthy for as long as possible. That’s why when I saw this Forbes article I knew I wanted to share it with you.  If you want to learn how to age gracefully and maintain your vitality, you won’t miss this episode. Then, stick around to hear my answer to the question: why do some people have a hard time with retirement? Outline of This Episode [1:24] How to age gracefully and maintain vitality [4:20] Embrace interdependence [9:55] Why do some people have a hard time with retirement? Resources & People Mentioned The Retirement Podcast Network Forbes article Dexa body scan InBody body scan Connect with Benjamin Brandt Get the Retire-Ready Toolkit:http://retirementstartstodayradio.com/ Follow Ben on Twitter:https://twitter.com/retiremeasap Join the newsletter: https://retirementstartstodayradio.com/newsletter Dive deeper into retirement planning with Ben at www.RetirementIncome.University Subscribe to Retirement Starts Today on Apple Podcasts,Stitcher,TuneIn,Podbean,Player FM,iHeart, or Spotify  

As you probably know by now, Bret and I are here to help you spend more money and spend less in taxes so that you can live an even better life in retirement.  This week we’re helping you do that by sharing some lessons that we learned from our clients’ fall tax meetings. If you enjoyed our Lessons in Estate Planning episodes last spring, you’ll love hearing what we learned from our clients this fall. Press play to hear what you can learn from our experience with our clients. Outline of This Episode [1:42] Why we love Roth conversions [10:40] Don’t forget to plan for taxes as a widow/er Resources & People Mentioned How Could This Go Horribly Wrong? Lessons in Estate Planning Part 1, Ep #295 My Kids Don’t Want My Stuff – Lessons in Estate Planning Part 2, Ep # 296 Connect with Benjamin Brandt Get the Retire-Ready Toolkit:http://retirementstartstodayradio.com/ Follow Ben on Twitter:https://twitter.com/retiremeasap Join the newsletter: https://retirementstartstodayradio.com/newsletter Dive deeper into retirement planning with Ben at www.RetirementIncome.University Subscribe to Retirement Starts Today on Apple Podcasts,Stitcher,TuneIn,Podbean,Player FM,iHeart, orSpotify

Would a 0% tax rate help you live an even better retirement? In this week’s Retirement Headline, we’ll explore a WSJ article titled How You Can Grab a 0% Tax Rate. If that doesn’t pique your interest, I don’t know what will! Listen in to hear how you can learn to plan so that you can take advantage of a 0% tax rate on capital gains income. This episode originally aired in August 2023.

If you have diligently saved throughout your career, you may be ready to retire, yet still feel uncertain about spending your savings. To truly live your best life in retirement you need to learn how to shift from a saving mindset to a spending mindset. In this episode of Retirement Starts Today, we’ll help you do just that. This episode was first broadcast in July 2023.

One of the greatest financial assumptions is that it’s always better to own than to rent. However, in retirement, this may not be true. Once you are financially independent it is important to realize that not every dollar you spend needs to yield a return. Join me for this episode of Retirement Starts Today to question traditional thinking and to see how you can improve your life, spend more money, and have more fun in retirement. This episode was first broadcast in June 2023.

Do you have an HSA? If so, do you simply use it to pay for your medical expenses? Or do you use it as a way to build your wealth? Today we’ll look at an article from Financial Advisor Magazine that will help us identify opportunities for wealth creation. Listen in to learn how to maximize the triple benefit of the humble HSA. This episode was first broadcast in March 2023.

Curious about why you feel younger than your actual age? The show dives into the intriguing concept of 'subjective age' and its impact on retirement readiness. It highlights how your internal sense of age can differ dramatically from your chronological age. Plus, discover how true fulfillment in retirement goes beyond just financial stability, emphasizing the need for purposeful activities and mentorship. Find out how these insights can shape a satisfying and healthy retirement journey!

Most people are worried about spending too much and running out of money in retirement. However, few people worry about spending too little.  In this week’s episode of Retirement Starts Today, you’ll learn why you should spend your principal in retirement. Our retirement headline comes from Dr. Jim Dahle at the Whitecoat Investor and shows us why many people don’t spend enough of their money and how you can take a practical approach to spending more. If you are like most people, one of your main worries about retirement is that you’ll end up running out of money. While this is a well-founded fear for many underfunded Americans, chances are, if you are listening to this show, you aren’t an underfunded retiree.  While the current state of retirement savings is quite shocking, if you have a healthy retirement portfolio, you don’t have to lump yourself in with the majority of Americans.  Outline of This Episode [1:52] Many people have a fear of running out of money in retirement [3:40] The state of retirement savings [7:02] Why some people don’t spend their principal [13:19] What should you do with excess RMD dollars? Resources & People Mentioned Spend Your Principal The Extraordinary Upside Potential Of Sequence Of Return Risk In Retirement Boomer Benefits Boomer Benefits on Facebook Connect with Benjamin Brandt Get the Retire-Ready Toolkit: http://retirementstartstodayradio.com/ Follow Ben on Twitter: https://twitter.com/retiremeasap Join the newsletter: https://retirementstartstodayradio.com/newsletter Dive deeper into retirement planning with Ben at www.RetirementIncome.University Subscribe to Retirement Starts Today on Apple Podcasts, Stitcher, TuneIn, Podbean, Player FM, iHeart, or Spotify

Would you like to have more confidence in your retirement plan? In the retirement headlines segment, you’ll learn one simple way to increase your certainty about what you can accomplish in retirement.  In the listener questions segment, Bret helps answer what the essential aspects of an estate plan include.  If you are ready to get serious about retirement planning press play to get started.  Outline of This Episode [2:26] A written retirement retirement plan boosts your confidence [4:11] 4 areas to consider in your plan [11:15] What do you need to create an estate plan? Resources & People Mentioned Boomer Benefits Boomer Benefits Facebook Group Here’s One Surefire Way to Boost Retirement Confidence The link to the video and schedule Connect with Benjamin Brandt Get the Retire-Ready Toolkit:http://retirementstartstodayradio.com/ Follow Ben on Twitter:https://twitter.com/retiremeasap Join the newsletter: https://retirementstartstodayradio.com/newsletter Dive deeper into retirement planning with Ben at www.RetirementIncome.University Subscribe to Retirement Starts Today on Apple Podcasts,Stitcher,TuneIn,Podbean,Player FM,iHeart, orSpotify