Retirement Starts Today Radio

The decision of when to take Social Security is one of the biggest that you will face in retirement. Many people turn to Social Security break-even calculators to help them make the decision, but my guest today insists that this shouldn’t be your only deciding factor. Social Security expert, Devin Carroll from SocialSecurityIntelligence.com joins me today to discuss all […] The post All Thin...

You may have seen the news about tennis superstar, Serena Williams’ upcoming retirement. In a recent interview, Serena expresses her heartache about her decision. In our retirement headlines segment, we’ll explore an article from MarketWatch that compares Serena Williams’ feelings with those of many retirees upon their decision to retire. Afterward, we’ll check out a […] The post Seren...

Have you ever considered taking a sabbatical from work? If you did take one, would it ruin your career and financial goals? Most companies in the United States don’t offer paid sabbaticals like some in Europe, so doing so would require extensive planning. Jake Northrup at Kitces.com recently wrote an article that could help financial planners and DIYers […] The post Planning for a Sabbatical...

Have you considered moving to a new city in retirement? If you work in the tech industry you may find a city willing to pay you to move there. In today’s retirement headline segment, we’ll dive into an article written by Christopher Mims at The Wall Street Journal which explores towns that provide incentives to lure highly […] The post Cities That Will Pay You to Leave Town, Ep #257 appeared...

Nobody likes to think about their own death but to save your loved ones from the headache of trying to navigate your digital accounts without your passwords, you’ll need to set them up for success now. If you don’t take steps to share your accounts after your death, gaining access to your data could be […] The post How to Pass On Your Passwords When You Die, Ep #255 appeared first on Retirem...

Many of us have financial goals that extend beyond ourselves to include friends and family. Doing so can be an enormous help to those you love, but it is important to consider your own financial well-being in conjunction with that of the ones you want to help. Today, we’ll look at an article that explores […] The post Supporting Loved Ones Without Derailing Your Retirement, Ep # 254  appeare...

Have you ever tried tax loss harvesting? With the markets down across the board, now is a good time to learn to utilize this tax-saving tool. I found a great article about this from Barrons.com that I share in the retirement headline segment. The article explores the traps that can befall someone trying to use this strategy. […] The post 7 Tips for Tax Loss Harvesting, Ep # 253  appeared fir...

If you are like many retirees and soon-to-be retirees, you may be rethinking your entire investing strategy. Stocks are down, interest rates are up, and inflation is eating away at your purchasing power. One listener wonders, with everything going on in the world, should they shift their investments into commodities? In the listener question segment, […] The post Is it Time to Invest in Comm...

Nobody likes to experience the uncertainty that a bear market brings, but it’s an even more challenging experience to weather when you are a recent retiree. It’s easy to lose sight of your goals in a bear market which is why I found an article outlining some lessons that you can remember during a bear […] The post Five Things to Keep in Mind During Bear Markets, Ep #251 appeared first on Ret...

It’s no secret that we’re living longer than ever. People are living so long that we may soon be seeing 6 generations in a single-family. With people living such a long time that makes retirement planning even more challenging than ever before. Understanding the 4 stages of retirement can help understand the different approaches to […] The post The 4 Stages of Retirement, Ep # 250  appeared...

Inflation is weighing heavy on the minds of retirees right now, so when I came across this article on WSJ.com from Cristin Lourosa-Ricardo, I knew I had to share it with you. Listen in to try and find the silver lining of inflation. If you are a financial advisor fan of this show, make sure to stick […] The post 15 Ways Consumers Can Deal With (and Even Benefit From) Rising Inflation, Ep #24...

It’s true, money can’t buy happiness. But does how you choose to spend your money affect your happiness? Today we’ll discuss one article that challenges that old adage. We’ll also discuss a multifaceted question from a listener who just accepted an early retirement package. We’ll help her consider whether to rollover funds into an IRA […] The post Money Can’t Buy Happiness – Or Can It?...

Unless you’ve been living under a rock, you’ve probably noticed a bit of an issue with the stock market lately. This can be distressing for any retiree, but when the declines in stock prices are coupled with high inflation and rising interest rates, then you have a triple threat to your retirement plans. Today we […] The post What’s Going on with the Market?! An Interview with Joseph H...

We’ve all heard of the 4% rule, but did you know that the creator’s recommendation for it has changed over the years? I recently discovered an article from ThinkAdvisor.com that included an interview with the father of the 4% rule, Bill Bengen. In the retirement headlines segment, we’ll take a close look at the article and learn […] The post Father of 4% Rule Urges Caution, Ep #246 appeared...

Are you planning on enjoying an active retirement? If so, it may cost you more than you think. On this episode of Retirement Starts Today, I interview Thatcher Taylor, the financial advisor behind ProPathFinancial.com. Thatcher and I discuss how to prepare financially and mentally for an active retirement. Outline of This Episode [1:42] How to navigate […] The post An Active Retirement Could...

If you are looking to ease into retirement by transitioning into a part-time role first, you won’t want to miss this episode of Retirement Starts Today. In the retirement headlines segment, we’ll explore an article by Anne Tergesen at the Wall Street Journal which outlines topics to consider when phasing out your retirement before retiring […] The post How to Plan for Part-Time Retirement, E...

If you have received an inherited IRA or think you will in the future you won’t want to miss this episode. In the retirement headlines segment, we’ll take a look at the proposed changes in regulations regarding inherited RMDs based on the Secure Act of 2020. In the listener questions segment, we’ll hear from Jim […] The post The New IRS 10-year RMD Rule Isn’t What We Thought It Was, Ep #242...

How much thought have you given to your future self? This week’s retirement headline explores the concept of nurturing your future self now so that you can increase your health, happiness, and financial security. Over in our listener questions segment, I’ll answer a question from an anonymous listener about increasing their spending in retirement. They […] The post Future You is Happier than...

If you are heading into retirement you probably have a bucket list that you want to work on. While just about everyone has heard of a bucket list, not many are familiar with the concept of reverse bucket lists. On this episode of Retirement Starts Today, we’ll explore this concept by referring to an article […] The post The Reverse Bucket List, Ep #240 appeared first on Retirement Starts Tod...

Do you wish you could have more freedom at work yet still earn a paycheck? Remote work and flexible scheduling may help you ease into retirement rather than plunging in all at once. In our retirement headline segment today, we’ll explore an article from the Wall Street Journal that discusses a new phenomenon that is a direct […] The post Part-Time Retirement Programs Are on the Rise, Ep #239...

When people begin retirement planning they usually have 3 main questions. We cover the questions about what to do about healthcare before Medicare and should I pay off my house regularly on this show. However, the third question, what do I do if I still have kids at home, is not one we regularly address. That […] The post Get the Freeloaders Offloaded with Bobbi Rebell, Ep #237 appeared firs...

When people begin retirement planning they usually have 3 main questions. We cover the questions about what to do about healthcare before Medicare and should I pay off my house regularly on this show. However, the third question, what do I do if I still have kids at home, is not one we regularly address. That […] The post Get the Freeloaders Offloaded with Bobbi Rebell, Ep #237 appeared firs...

Have you been hesitant to retire this year because of all that is going on in the world? On this episode of Retirement Starts Today, we’ll explore a retirement headline from Maurie Backman at The Motley Fool called 3 Reasons Why 2022 May Be a Bad Year to Retire, but then you’ll hear my rebuttal to […] The post Don’t Even THINK About Delaying Retirement, Ep #236 appeared first on Retirement S...

With the news that January’s inflation rate was a staggering 7.5%–the highest level in 40 years–everyone has inflation on their minds lately. Many retirees are reassessing how they can protect their nest eggs. On this episode of Retirement Starts Today, we’ll explore a WSJ headline, “There’s No Perfect Way to Inflation-Proof Your Investments,” by Anne […] The post The Perfect Inflation...

Many people begin retirement with the question: what’s next? That question can plant the idea of starting a second chapter whether it be a new business, a side hustle, a passion project, or a consulting business. The question then becomes, how to get started? Gabe Nelson, the host of the Solopreneur Money podcast, is here to […] The post Starting a Business in Retirement, an Interview with G...