The Truth About Money with Bruce Weinstein

Whether a serious correction is on the horizon or just another bump in the road, it pays to know how market swings can impact your retirement. For those approaching retirement — or already there — the market feels more personal. Your working years are winding down, and you can’t afford major missteps. Today we’re unpacking how asset allocation, emotional discipline, and a s...

In this episode of 'The Truth About Money', Bruce Weinstein discusses the current financial landscape, focusing on the impact of AI on the stock market, the importance of income planning, and the role of insurance in retirement strategies. He emphasizes the need for individuals to integrate their financial assets into a comprehensive plan and addresses common concerns about financial institutions...

In this episode, Bruce and Jackie discuss the complexities of retirement income planning, emphasizing the importance of creating a dependable income stream without depleting savings too quickly. He explores various strategies, including the 4% rule, long-term care insurance, and the significance of layering income sources for stability. The conversation also addresses healthcare gaps for early ret...

In this episode of the Truth About Money Show, Bruce Weinstein and Jackie Selby discuss the complexities of financial planning, focusing on retirement strategies, market volatility, long-term care insurance, stealth taxes, and the importance of having a solid financial advisor. They emphasize the need for proactive planning to navigate healthcare costs and the implications of RMDs on retirement in...

In this episode of the Truth About Money, Bruce Weinstein, and Jackie Selby discuss the evolving concept of retirement as a fresh start rather than an end. They emphasize the importance of shifting from an accumulation mindset to a distribution strategy, especially in light of current market valuations. The conversation covers essential topics such as planning for income streams, understanding lon...

In this episode, Bruce Weinstein discusses the intricacies of retirement planning, emphasizing the importance of integrating various financial strategies to ensure a comfortable retirement. He highlights the significance of understanding taxes related to retirement accounts, managing lifestyle and inflation, and addressing long-term care and estate planning. Bruce provides insights on how to maxim...

In this conversation, Jackie Selby and Bruce Weinstein discuss the often misunderstood financial realities of retirement, emphasizing the importance of proper planning for healthcare costs, taxes, and estate management. They explore the common misconception that expenses will decrease in retirement, highlighting the need for a comprehensive estate plan and strategies to ensure a reliable income st...

In this conversation,Jackie Selby and Bruce Weinstein discuss effective strategies for managing taxes and planning for retirement. They cover topics such as Roth conversions, Social Security benefits, the implications of annuities, and the importance of estate planning. The discussion emphasizes the need for consolidation of retirement accounts and the potential benefits of reverse mortgages. Thro...

Required Minimum Distributions (RMDs) aren’t just about taking money out of your retirement accounts—they can also trigger a domino effect. One you might not see coming? Bigger Medicare premiums. Another? Less of your legacy reaching your heirs the way you intended. And here's the kicker: You can follow all the rules, never miss a deadline, and still end up paying more in healthcare co...

Retirement isn’t a finish line—it’s a launchpad. And like any big launch, timing and preparation are everything. But let’s be honest… there’s a lot of noise out there. From watercooler myths about taxes to one-size-fits-all rules about when to walk away, it's easy to build your future on shaky assumptions. Today, we’re breaking down two of the most import...

Kiplinger recently highlighted their “Golden Rules” for a richer retirement—principles that mix time-tested financial wisdom with modern realities. The core ideas haven’t changed: stay invested, protect your health, secure steady income, and live with purpose. But in 2025’s unique economic climate, how we follow those rules matters more than ever. Let’s unpack t...

Think of your annuity like a well‑worn roof on your home. It might still keep you dry, but the materials have advanced, the warranties are better, and replacement could save you money in the long run. The same is true for annuities. Many contracts purchased before 2022 were built for a low‑rate environment—locking in payouts that felt fine then but now lag far behind what’s available....

We’ve all heard that timeless advice: “Save your money and buy a house—you’ll be fine.” That may have worked for previous generations, but retirement today looks a lot different than it did for our parents and grandparents. From longer lifespans and rising health care costs to market volatility and tax burdens, today’s retirees face a unique set of challenges. I...

You’ve built your nest egg with care, but the way you draw down your savings can make a huge difference in how long it lasts. Pulling from the wrong account at the wrong time can trigger unnecessary taxes, push you into a higher bracket, or even raise your Medicare premiums. So how do you create a tax-smart withdrawal plan that stretches your money for decades? Reach out to Bruce at (800) 79...

In the wake of the April 2025 market downturn triggered by new tariffs, many investors questioned the resilience of the stock market. However, the subsequent recovery has demonstrated the market's robustness. Today, we'll delve into ten reasons why maintaining a stake in the stock market continues to be a wise strategy, especially for those focused on long-term growth and financial stability. Reac...

The road to retirement is no longer a straight line—it’s more like a winding trail with some unexpected forks. So the question is: do you have the right guide? In this segment, we’ll unpack what to look for in a trusted financial advisor—because the stakes are high, and the decisions you make now will shape the next 20–30 years of your life. Let’s talk about how...

Former Defense Secretary Donald Rumsfeld once said, “There are things we don’t know that we don’t know.” That statement is surprisingly relevant when it comes to preparing for retirement. Today, we’re pulling back the curtain on some of those blind spots—myths we assume are true—that could leave your financial future on shaky ground. Reach out to Bruce at...

Retirement is often envisioned as a well-orchestrated finale to a long career. However, for many, it arrives unexpectedly. According to the 2024 Retirement Confidence Survey, 58% of retirees retired earlier than expected, frequently due to health complications or employment disruptions . In this discussion, we'll delve into the challenges of sudden retirement and outline steps to regain control an...

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In this episode, Bruce Weinstein, and Jackie Selby delve into the implications of the recently discussed 'Big Beautiful Bill' and its potential effects on retirement planning, tax credits, and future generations. They explore the provisions of the bill, including tax-deferred contributions for newborns, the importance of compound interest, and the nuances of tax credits versus deductions. The conv...

This conversation explores the evolving landscape of retirement, emphasizing the increasing number of Americans working beyond age 65 and the implications for financial planning. The discussion highlights the importance of sustainable income, effective income planning, and the role of 401(k) plans and Roth conversions in building a comprehensive retirement strategy. The hosts stress the need for p...

In this episode,Jackie Selby and Bruce Weinstein discuss the evolving landscape of retirement, focusing on the challenges retirees face today, including inflation, healthcare costs, and the importance of financial planning. They emphasize the need for sustainable withdrawal strategies and the impact of long-term care expenses on retirement savings. The conversation also touches on the significance...

n this episode of 'The Truth About Money', Bruce Weinstein discusses the evolving landscape of retirement planning, emphasizing the shift from traditional pensions to income streams. He highlights the increasing healthcare costs retirees face and the importance of understanding retirement income numbers. The conversation also covers catch-up contributions for those over 50 and the trend of phased...

In this episode of The Truth About Money Jackie Selby and Bruce Weinstein discuss critical retirement investment mistakes that seniors should avoid. They emphasize the importance of understanding asset allocation and risk tolerance as one ages, highlighting the dangers of being overly conservative with investments. The conversation also covers the significance of diversification, particularly thro...

In this episode of 'The Truth About Money,' Bruce Weinstein and Jackie Selby explore various economic indicators that hint at the state of the economy, including the quirky 'lipstick index.' They discuss the implications of consumer behavior during economic downturns and how retirees can prepare for potential financial challenges. The conversation also touches on inflation's impact on retirement p...