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EPISODE · May 23, 2026 · 59 MIN

The Reality of Retirement Spending

from Wise Money with Michael Andersen · host Michael Andersen

How much of your carefully saved 401k or IRA will actually end up in your own pocket—not the government’s? Rising costs, unpredictable life events, and hidden taxes can dramatically reshape your retirement reality. Michael Anderson and Amy Sharp unpack the most overlooked risks, bust common myths about retirement spending, and reveal what it takes to secure true financial stability—even as the rules keep shifting. Discover why creating your “financial compass” matters more than ever, all while navigating stories, surprises, and the realities most savers never see coming.You need a plan as you get closer to retirement — a plan that will take you from where you are now to the retirement you’ve always dreamed about. The first step on that path is to tune in to Wise Money with Michael Andersen. You only retire once, but Michael helps people retire every day. Choose Top Certified Financial Advisor Planner | Salisbury Easton MD

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The Reality of Retirement Spending

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Frequently Asked Questions

How long is this episode of Wise Money with Michael Andersen?

This episode is 59 minutes long.

When was this Wise Money with Michael Andersen episode published?

This episode was published on May 23, 2026.

What is this episode about?

How much of your carefully saved 401k or IRA will actually end up in your own pocket—not the government’s? Rising costs, unpredictable life events, and hidden taxes can dramatically reshape your retirement reality. Michael Anderson and Amy Sharp...

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