Retirement Starts Today Radio

Here at Retirement Starts Today, we are always looking for ways to teach you how to spend more money so that you can enjoy an even better retirement. However, many times our clients and listeners have trouble loosening their purse strings. After years of being diligent savers, instead of enjoying the fruits of their labor, […] The post Overdoing Delayed Gratification, Ep #312 appeared first...

I’ve always said that it’s important to retire to something rather than away from something. To do that means finding a sense of purpose. In this episode, we’ll explore an article from PhysicianOnFIRE.com that discusses how retirees can discover and maintain a sense of purpose in their lives after leaving the workforce. Make sure to stick around […] The post 7 Tips to Maintain a Sense of Pur...

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 […] The post How to Pay 0% on Capital Gains, Ep #310  appeared first on Retirement Starts Today Radio .

Scammers are constantly changing their playbooks to try and stay ahead of the authorities. That is why the IRS annually updates its “Dirty Dozen Tax Scam” list. This week we’ll explore the latest article from the IRS on this year’s tax scams then we’ll check out an article from Financial Advisor Magazine that involve questionable tax practitioners and charitable […] The post Dirty Dozen Tax...

As a financial advisor that thinks a lot about the Medicare surcharge IRMAA, an article titled Stop Worrying About IRMAA written by a source I trust certainly caught my eye. In this episode, we’ll explore what IRMAA does, reflect on the article, and discuss whether the IRMAA surcharge is worth worrying about. If you have […] The post Should We Even Worry About IRMAA? Ep #308  appeared first...

Who wants to live longer? I know I do! Before you start taking magic pills and seeking the fountain of youth in an effort to increase your life span, Alex Janin from the Wall Street Journal suggests you start exercising. In this episode of Retirement Starts Today, we’ll explore Alex’s article, What if the Most Powerful […] The post The Most Powerful Way to Live Longer? Ep #307 appeared first...

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 […] The post 3 Tricks to Help Retirees Spend More, Ep #306 appeared first on Reti...

If you are new to the show, welcome! This is a place where we talk about how to spend more money, pay less taxes, and have an even better retirement. Today we’re investigating that last part–the even better retirement. In the retirement headlines segment, we’ll take a look at a CNBC article that dives into an 85-year […] The post The #1 Retirement Challenge That No One Talks About, Ep #305 a...

Do you long for a lost golden age when everything was better? If you do you’re not alone. Many people feel that society is experiencing a moral decline. But is that really true? On this episode of Retirement Starts Today, we’ll explore a New York Times article that challenges this way of thinking and attributes it to […] The post Your Brain Has Tricked You Into Thinking Everything Is Worse,...

If you want an amazing retirement you need to start thinking about your future self. We discussed the idea of your future self on a previous episode where I interviewed my coach, Dr. Benjamin Hardy. In this episode, we’re taking a look at another book on the future self, Your Future Self by Hal Herschfield. I’m listening to the […] The post Your Future (Retired) Self, Ep #303 appeared first...

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 […] The post 12 Reasons to Rent in Retirement, Ep #302  appeared first on Retireme...

Have you considered working part-time in retirement? A growing number of older adults are choosing to continue work even after reaching retirement age. While some continue work due to financial necessity, many choose work that offers fulfillment and enjoyment. In the retirement headlines segment of this episode of Retirement Starts Today, we’ll explore the meaning […] The post The Power of S...

If you clicked on this title you may be wondering what a $300 gym bag has to do with retirement. Well, this podcast focuses on learning how to spend more money and pay less taxes to set yourself up for the ideal retirement. So press play to hear about the $300 gym bag. Outline of […] The post $300 Gym Bag, Ep # 300 appeared first on Retirement Starts Today Radio .

Have you ever considered joining a retirement mastermind group? Many of us choose mastermind groups to further our careers, businesses, or other areas of our lives, but few think to create one for retirement planning. Today, we’ll focus this entire episode on Fritz Gilbert’s recent article on his experience creating a retirement mastermind group. You won’t want […] The post Retirement Master...

Have you ever thought about how much money you need to be truly happy? If so, you’re not alone. And chances are that number is elusive. In today’s Retirement Headline segment, we’ll check out an article from The Atlantic called “The Reason Many Ultrarich People Aren’t Satisfied With Their Wealth.” In doing so, we’ll explore human nature […] The post Rich People Unsatisfied with Their Wealth,...

If you have found this podcast you’re probably interested in spending more money, spending less in taxes, and making life even better in retirement. On this episode of Retirement Starts Today, we’re taking a look at how to spend more money in retirement by assessing a two-part article from AdvisorPerspectives.com called A Framework for Assessing Variable Spending […] The post A Comparison of...

Welcome back to the second part of our lessons in estate planning. Bret and I recently reviewed all of our clients’ estate plans and in doing so, we learned a lot from this exercise that could help you and your heirs. If you haven’t listened to last week’s episode make sure to go back and listen–especially if […] The post My Kids Don’t Want My Stuff – Lessons in Estate Planning Part 2,...

Bret and I recently reviewed all of our clients’ estate plans this spring and, as a result, we have so much to share with you about what we learned. It was so much that we had to break it into multiple episodes! If you are curious about how this sort of meeting goes and wish […] The post How Could This Go Horribly Wrong? Lessons in Estate Planning Part 1, Ep #295 appeared first on Retirement...

Do you ever get together with your friends from high school and wonder why they all look so old? Are you surprised by the image that you see in the mirror each morning? If so, you’re not alone. In today’s retirement headline segment, we’ll explore an article from Jennifer Senior at MSN.com that examines the abstract concept […] The post The Puzzling Gap Between How Old You Are and How Old Yo...

Have you made any changes to your retirement savings due to the poor economy? If you did, you’re not alone. According to a Financial-Planning.com article, half of America stopped saving for retirement last year. Don’t miss hearing why this is such a bad idea. Stick around for the listener questions segment where Bret and I address one […] The post 50% of Americans Stopped Saving Last Year! E...

You may be excited to jump on the early retirement bandwagon, but before you do, listen to this episode. In our retirement headlines segment, we explore a peer-reviewed article that shows that early retirement can accelerate cognitive decline. Stay tuned for the listener questions segment to hear how to reimagine your retirement spending mindset by […] The post Early Retirement Can Accelerat...

Many DIY investors would like to learn more about the latest changes in financial and tax laws but don’t have the same opportunities to attend professional financial conferences. The good news is that Bret and I do have these opportunities, and we relish sharing our findings. On this episode of Retirement Starts Today, Bret shares […] The post Conference Breakdown, Ep #291  appeared first on...

Have you ever used a Monte Carlo analysis to help you plan retirement? If so, the results can seem scary. You may be looking for a 100% likelihood of success so that you can rest easy–after all, you are probably hoping for a 100% successful retirement. However, in this episode of Retirement Starts Today, you’ll […] The post Monte Carlo Failures Aren’t Plane Crashes, Ep #290  appeared first o...

We talk about retirement income guardrails a lot on this show, but today we’ll go into greater depth while exploring an article from Kitces.com. This article was written by a mentor of mine and takes an advisor’s perspective on how to discuss spending increases and decreases with clients. These are fantastic conversations to review if you […] The post Conversations about “Guardrails,” Ep #28...

Do you want to know how you can fully utilize your biggest advantage over the IRS? Listen to this episode to find out. Today, we explore a ThinkAdvisor.com article that turns traditional retirement tax thinking on its head. Then, Bret helps me answer a listener’s question about opening a Roth IRA when your salary is too high. […] The post Delaying Taxes in Retirement Isn’t Always Best,...