Making Retirement Make Sense

The emotional attachment to a company that helped you build your wealth can make it difficult to make rational decisions about when to sell. This episode breaks down the data showing why only a small fraction of stocks create long-term wealth and how you can use strategies to transition out of a concentrated position while maintaining your financial security.Chapters:00:00 Retirement Landmine Intro00:44 How Much Is Too Much03:33 Intel Crash Cautionary Tale05:03 Biases And Stock Odds21:40 Planning Tools And Exit Strategies36:34 Exchange Fund Basics37:30 Capacity And Diversification Limits39:13 Lockups And Tax Reality41:03 Collars For Downside Protection46:02 Direct Indexing Tax Harvesting49:09 Tracking Error And Wash Sales51:30 Beware Shiny Tax Products55:22 Opportunity Zones Reality Check56:23 Leverage And Margin Loan Risks01:05:33 Wrap Up Key TakeawaysLinks & resources from this episode:- Hendrik Bessembinder study: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3537838- Visit our website: https://makingretirementmakesense.comFind the full audio show wherever you get your podcasts: - Apple — https://podcasts.apple.com/us/podcast/making-retirement-make-sense/id1865029561- Spotify — https://open.spotify.com/show/2eOvIUMulgZUzUTGpzYrtsLIKE & SUBSCRIBE for new videos every week: https://www.youtube.com/@MakingRetirementMakeSenseFollow Making Retirement Make Sense on all social platforms:- Facebook: https://www.facebook.com/profile.php?id=61580093698229- LinkedIn: https://www.linkedin.com/company/MakingRetirementMakeSense/- X: https://x.com/MRMSPodcastDisclosureThis channel contains general educational information only. Nothing contained herein should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice.

Many people assume an inheritance will simply “work itself out,” but small estate planning oversights can quietly create tax problems, family conflict, and long delays. In this episode, we explain how inheritances actually work—and how to plan so money goes where you intend without unnecessary friction.Chapters:00:00 Inheritance Planning Intro00:38 Lincoln Without a Will01:22 Wills Titles Beneficiaries05:37 Trust Funding Pitfalls07:54 Probate Costs Privacy10:41 Executor Duties Checklist35:20 Sandwich Generation Choices36:25 Gifting While Living39:14 Should Kids Know43:06 Inherited IRA Tax Rules49:43 Step Up and In Kind58:28 Fiduciaries and Estate UpdatesLinks & resources from this episode:- Visit our website: https://makingretirementmakesense.com- Cerulli article:https://www.cerulli.com/press-releases/cerulli-anticipates-124-trillion-in-wealth-will-transfer-through-2048Find the full audio show wherever you get your podcasts: Apple — https://podcasts.apple.com/us/podcast/making-retirement-make-sense/id1865029561Spotify — https://open.spotify.com/show/2eOvIUMulgZUzUTGpzYrtsLIKE & SUBSCRIBE for new videos every week: https://www.youtube.com/@MakingRetirementMakeSenseFollow Making Retirement Make Sense on all social platforms:- Facebook: https://www.facebook.com/profile.php?id=61580093698229- LinkedIn: https://www.linkedin.com/company/MakingRetirementMakeSense/- X: https://x.com/MRMSPodcastDisclosureThis channel contains general educational information only. Nothing contained herein should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice.

Most people think retirement readiness is about hitting a number, but that’s only part of the story. In this episode, we explore the emotional and identity shifts that determine whether retirement becomes deeply fulfilling—or quietly disappointing.Fritz Gilbert is the Founder of The Retirement Manifesto, an award-winning blog focused on “Helping People Achieve A Great Retirement.” He is the author of “Keys to a Successful Retirement - Staying Happy, Active and Productive in Your Retired Years.” Fritz retired in 2018 at age 55 after a 33-year career in Corporate America and enjoys sharing the lessons he’s learned to help others on their journey. You can follow Fritz on Twitter, Facebook, or on his blog.Chapters00:00 Introduction to the Podcast 00:34 Meet the Hosts and Guest 01:16 Fritz Gilbert's Journey to Retirement 02:57 Preparing for Retirement: Financial and Emotional Readiness 04:41 Dana's Perspective on Retirement 08:49 The Importance of Identity and Purpose in Retirement 13:46 Navigating the Phases of Retirement 27:45 Maintaining Health and Fitness in Retirement 30:41 Rediscovering Fitness in Retirement 31:09 Embracing New Fitness Routines 32:53 The Role of Technology in Fitness 33:40 Community and Social Connections 36:03 Inspiring Stories of Active Seniors 38:01 Freedom for Fido: A Charitable Endeavor 42:23 Finding Purpose Through Volunteering 46:44 Relocating for a Fulfilling RetirementLinks & resources from this episode:- Visit our website: https://makingretirementmakesense.com- Keys to a Successful Retirement book: https://a.co/d/06IBa19oFind the full audio show wherever you get your podcasts: - Apple — https://podcasts.apple.com/us/podcast/making-retirement-make-sense/id1865029561- Spotify — https://open.spotify.com/show/2eOvIUMulgZUzUTGpzYrtsLIKE & SUBSCRIBE for new videos every week: https://www.youtube.com/@MakingRetirementMakeSenseFollow Making Retirement Make Sense on all social platforms:- Facebook: https://www.facebook.com/profile.php?id=61580093698229- LinkedIn: https://www.linkedin.com/company/MakingRetirementMakeSense/- X: https://x.com/MRMSPodcastDisclosureThis channel contains general educational information only. Nothing contained herein should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice.

Choosing when to claim Social Security is an irrevocable decision that significantly impacts your long-term financial security. This episode breaks down the pros and cons of claiming early versus delaying, helping you build a strategy that fits your specific needs rather than following general rules of thumb.Chapters:Links & resources from this episode:Visit our website: https://makingretirementmakesense.comBipartisan Policy Center article: https://bipartisanpolicy.org/article/social-security-claiming-age-importance-claiming-behavior-and-trends/WSJ article: https://www.wsj.com/personal-finance/retirement/delay-social-security-retirement-cc6e1bbc?gaa_at=eafs&gaa_n=AWEtsqejPzh6kylw1IoijU-Nta5VkxfiA00SyGpR3fHSxg2Jrl9HzqRqTn1c76YomvQ%3D&gaa_ts=69126d1b&gaa_sig=AOKRoRLNcitSd_P1smLrbJDZqzD0xuyyq8-kngldpBJHhhtOR3wTjXFfHbRXy6P2Gvh8E4DffFqmfFtQ6beI-A%3D%3DLaurence Kotlikoff substack: https://larrykotlikoff.substack.com/p/why-delaying-your-social-securityKitces article: https://www.kitces.com/blog/discount-rate-delaying-social-security-benefits-retirement-planning/Find the full audio show wherever you get your podcasts: Apple — https://podcasts.apple.com/us/podcast/making-retirement-make-sense/id1865029561Spotify — https://open.spotify.com/show/2eOvIUMulgZUzUTGpzYrtsLIKE & SUBSCRIBE for new videos every week: https://www.youtube.com/@MakingRetirementMakeSenseFollow Making Retirement Make Sense on all social platforms:Facebook: https://www.facebook.com/profile.php?id=61580093698229LinkedIn: https://www.linkedin.com/company/MakingRetirementMakeSense/X: https://x.com/MRMSPodcastDisclosureThis channel contains general educational information only. Nothing contained herein should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice.

Financial fraud is becoming more sophisticated, and retirees are being targeted in ways most people don’t expect. In this episode, we explain the most common scams we’re seeing today and how to reduce your risk without overcomplicating your life.(00:32) -  Introduction and Overview (01:01) - Shocking Statistics on Financial Fraud (10:57) - Protecting Yourself: Tips and Tools (31:18) - Spotting Email Scams and Phishing Tactics (33:03) - Credit Freezing and Monitoring: Pros and Cons (39:08) - Elder Abuse and Financial Fraud (50:00) - Ponzi Schemes and Investment Scams Links & resources from this episode:Visit our website: https://makingretirementmakesense.comWall Street Journal: https://www.wsj.com/tech/cybersecurity/disney-employee-ai-tool-hacker-cyberattack-3700c931The Street: https://www.thestreet.com/retirement/got-a-letter-from-the-supreme-court-its-a-scamHive Systems: https://www.hivesystems.com/password-tableRetirement Income Institute: https://www.protectedincome.org/wp-content/uploads/2023/12/IN-10-Heye_v1.pdfReport Fraud to FTC: https://reportfraud.ftc.gov/AARP Fraud Hotline: https://www.aarp.org/money/scams-fraud/about-fraud-watch-network/LIKE & SUBSCRIBE for new videos every week: https://www.youtube.com/@MakingRetirementMakeSenseFollow Making Retirement Make Sense on all social platforms:Facebook: https://www.facebook.com/profile.php?id=61580093698229Instagram: https://www.instagram.com/MakingRetirementMakeSenseLinkedIn: https://www.linkedin.com/company/MakingRetirementMakeSenseX: https://x.com/MRMSPodcastDisclosureThis channel contains general educational information only. Nothing contained herein should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice.

Curious about safe withdrawal rates in retirement? In this episode, we delve into their evolution, misconceptions, and practical applications for a financially secure retirement.(00:00) - Introduction and Overview (01:11) - The 4% Rule and Its Origins (06:58) - Customizing Retirement Plans (10:16) - Budgeting Approaches for Retirement (17:30) - Sequence of Returns Risk (20:58) - Exploring the Guardrails Approach (26:06) - Planning for Longevity and Withdrawal Rates (30:52) - Dynamic Asset Allocation and Income Ladders (38:42) - Case Study: Spending Strategies in Retirement Links & resources from this episode:Visit our website: https://makingretirementmakesense.comWilliam P. Bengen book: https://a.co/d/b1d78srLIKE & SUBSCRIBE for new videos every week: https://www.youtube.com/@MakingRetirementMakeSenseFollow Making Retirement Make Sense on all social platforms:Facebook: https://www.facebook.com/profile.php?id=61580093698229Instagram: https://www.instagram.com/MakingRetirementMakeSenseLinkedIn: https://www.linkedin.com/company/MakingRetirementMakeSense/X: https://x.com/MRMSPodcastDisclosureThis channel contains general educational information only. Nothing contained herein should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice.