Running Out of Money: A Real Risk for Retiring Early

In this episode of the Retire Early Podcast, financial advisors and retirement planners Sam Benson and Linwood Fraher of Martin Wealth Solutions tackle some of the most frequently asked retirement questions from clients and listeners. From how much you can safely withdraw from your accounts, to planning for inflation and Social Security’s uncertain future, Sam and Linwood provide actionable insights and clear explanations. They also share the importance of building a written financial plan—and how it can take the stress out of retirement planning. This wide-ranging Q&A is packed with real stories, practical advice, and even a laugh or two. Want to work with us? Visit: http://retirewithmartin.com/ Learn more: www.planwellretirehappy.com 00:00 Welcome and Episode Intro 00:42 The Value of Listener Questions 02:00 Client Story: From Fear to Confidence 05:48 Do You Have a Written Financial Plan? 07:45 Building a Retirement "Instruction Manual" 10:02 FAQ #1: How Much Can I Withdraw from My Accounts? 13:14 Understanding the 4% Rule 15:20 Why Tax Planning Matters 17:39 FAQ #2: How Do I Plan for Inflation? 21:42 How Inflation Impacts Retirees 25:00 FAQ #3: What’s Going to Happen with Social Security? 29:40 Potential Changes Congress May Make 33:18 Planning Around Social Security Uncertainty 35:11 Quick Tip: The Health Benefits of Friendship 37:02 Non-Financial Assets That Support Retirement 40:00 Final Thoughts and Wrap-Up Disclaimer: Opinions expressed herein are solely those of Martin Wealth Solutions, unless otherwise specifically cited. Material presented is believed to be from reliable sources, but no representations are made by our firm as to another parties’ informational accuracy or completeness. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that any statements, opinions or forecasts provided herein will prove to be correct. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation. Past performance may not be indicative of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns. Securities investing involves risk, including the potential for loss of principal. There is no assurance that any investment plan or strategy will be successful.