You've Planned for Retirement... But Have You Planned for Life After Work? | Dan Langworthy

What if retirement is not just about having enough money, but knowing what the money is actually for? In this episode of The Wealth Transfer Podcast, Matt Templeton sits down with Dan Langworthy, founder of Fortress Financial Group, to talk about retirement planning, tax strategy, wealth transfer, and finding purpose in the next chapter of life. Dan explains why many retirees struggle to spend after decades of saving, how fear of running out of money can keep people from living fully, and why a strong financial plan should help answer both practical and personal questions: Will I be okay? Can I afford to do the things I’ve dreamed about? What do I want this next chapter to look like? This conversation also covers Roth conversions, Social Security timing, donor-advised funds, step-up in basis, estate tax planning, and why liquidity can be one of the greatest gifts families leave behind. Whether you are approaching retirement, helping aging parents plan, or thinking about how to transfer wealth with less stress and more clarity, this episode offers a practical and meaningful look at how to plan for both financial security and a fulfilled life. *Fortress Financial Group is a registered investment advisor. The opinions expressed are for informational and educational purposes only and should not be considered personalized investment, tax, or legal advice. Investing involves risk, including the possible loss of principal.   📅 Book a Free Strategy Session with Real Estate Wealth Advisor, Matt Templeton: https://calendly.com/templeton/strate...   Connect with Dan Langworthy & Fortress Financial Group 📞 507-529-1400 📧 https://www.youtube.com/@Fortress-Financial Facebook: https://www.facebook.com/FortressFinancialGroup Instagram: https://www.instagram.com/fortress_financial_group/ LinkedIn: https://www.linkedin.com/company/fortressfinancialgroup   🧭 Episode Highlights & Timestamps [00:04] Helping Retirees Think About Purpose, Freedom, and the Next Chapter [00:07] Why Many People Lose Their Identity After Leaving Work [00:09] The Fear of Running Out of Money vs. the Risk of Waiting Too Long to Live [00:10] Tax Planning Strategies for Retirement [00:12] Why Roth IRAs Can Reduce Future Tax Uncertainty [00:15] How Roth Conversions Work and When They May Make Sense [00:19] Social Security Timing: When to Take It and When to Wait [00:25] Donor-Advised Funds and Tax-Efficient Charitable Giving [00:28] Mistakes Families Make in The Wealth Transfer Process [00:31] State Estate Tax Issues and Why Planning Depends on Where You Live [00:33] Why Everyone Needs an Estate Plan, Not Just High-Net-Worth Families [00:36] How Liquidity Can Prevent Family Conflict After Death [00:42] Planning for a Meaningful Retirement Using Goals, Purpose, and the Four C’s