Retirement Answer Man Show: Recent Episodes
Roger Whitney
Talking about a market correction can either seem scary or far-fetched in this economic climate. But it is important to understand that a market correction will happen. And it is important is to know what to do when the market correction does happen. On this episode, we will go over how to prepare for when […]
The post #200 – Market Correction Fire Drill – Step 1 appeared first on Roger Whitney.
What can we control in life? How can we identify factors beyond our control? The trouble with retirement planning is that so much of it relies on factors beyond our control. Join me today as I discuss the impending force of a market correction and answer some listener questions from our Retirement Plan Live Webinar. […]
The post #199 – Market Correction Fire Drill Starts Here appeared first on Roger Whitney.
This may surprise you, but there are youngins out there that we can learn from! My guest today is only 34 years old, but he knows quite a bit about retirement. Deacon Hayes is the author of a new book called You Can Retire Early and he has a fantastic website full of resources that can […]
The post #198 – What a 34 Year-Old Can Teach You About Retirement appeared first on Roger Whitney.
Many people love to travel, as a matter of fact, it is at the top of just about everyone’s list of things to do when they retire. Usually, when we think of travel we think of stays in 4 or 5-star resorts and all-inclusive hotels. But what if you could find a deeper meaning to […]
The post #197 – How to Take Your Retirement Travel to the Next Level appeared first on Roger Whitney.
This is my third episode of the Retirement Plan Live case study. Over the past few weeks, we have gotten to know Lori as she has shared many details of her finances, lifestyle, and how she and Bruce have begun to prepare for retirement. Today we continue our journey by delving deeper into their finances […]
The post #196 – How to Manage Retirement Risks appeared first on Roger Whitney.
No matter how much money you may have, worrying about money is part of human nature. We all worry that we may not have enough no matter what our tax bracket is. Even though that is the case, I still say money does not come first when planning retirement. When planning out your financial resources […]
The post #195 – Organizing Your Financial Resources for Retirement appeared first on Roger Whitney.
On today’s show, I interview Lori and we begin to plan her ideal retirement. There is no one size fits all retirement plan out there. Everyone’s ideal retirement will look different since we all have different priorities and financial goals. Listen in on this show to find some excellent resources to plan your own retirement. […]
The post #194 – Dream Up Your Ideal Retirement appeared first on Roger Whitney.
Planning for the future has many challenges and you may not know what could be a threat to your retirement. There’s something you may not have thought about when planning your retirement. Over the next four weeks, we’ll be learning about Lori and Bruce in my Retirement Plan Live case study. By studying them you […]
The post #193 – How to Avoid This HUGE Threat to Your Retirement appeared first on Roger Whitney.
My grandmother lived through the great depression. She was 10 years old when it started and remembers the struggle. What she went through during those years has shaped her decision-making process. She is very frugal. I can remember her saving small bits of wrapping paper when I would have thrown them out. For many of […]
The post #192 – Should You Worry About a Market Crash? appeared first on Roger Whitney.
I’ve been married to my wife for 27 years. That’s a long time! I have noticed that there has been a rhythm within our relationship over the years where, as we have become more comfortable with each other, we begin to become disengaged. Not disengaged in a spiteful way but simply not as focused […]
The post #191 – What Your Financial Advisor Should Be Doing appeared first on Roger Whitney.
Several years ago I participated in an Ironman Triathlon. I didn’t win, not even close. I finished in the 77th percentile. Turns out, the winner could have started 6 ¼ hours after me and still beat me. So was this experience a failure? It depends on how you look at it. I enjoyed the experience, […]
The post #190 – How much you should have saved for retirement by now appeared first on Roger Whitney.
Indexes are comprised of many companies. Yet only the top few companies drive the index. What happens if we hit a rocky patch in the markets and those companies falter? On this episode of the Retirement Answer Man, I dive into the pros and Cons of investing passively v.s actively and what might happen if […]
The post #189 – How Indexes and Bear Markets Can Make a Bad Mix appeared first on Roger Whitney.
Have you ever had your identity stolen? I have. It’s not fun. It can leave you feeling helpless and frustrated as you try to prove who you are and undo the false financial claims against you. In this modern era data is everything. Your life is wrapped up in one 9 digit code, your Social […]
The post #188 – Worried about the Equifax Data Breach? Here’s Your Protect Your Credit Action Plan appeared first on Roger Whitney.
My listeners have been asking great retirement questions, and this podcast episode is focused on giving answers to some of those. I’m excited today to bring on my awesome sidekick, Nichole, to play the part of the listener and ask the questions. One really important question is whether your financial advisor should have access to […]
The post #187 – Should My Advisor Have Access to My 401(k)? And Other Listener Questions appeared first on Roger Whitney.
Do you have dreams for traveling in retirement? Everyone’s dreams are different, but every dream is going to cost some money. On today’s episode of The Retirement Answer Man, my friend Jamie joins me to talk about one creative way to fund your travel dreams. Discover how you can use your home to produce income when you’re […]
The post #186 – Retirement Travel – One Way to Fund Your Dreams appeared first on Roger Whitney.
In the news today, credit card debt has reached over 1 Trillion dollars. In addition, we have 1.2 Trillion dollars in auto debt, 13% above the previous record. Impulse shopping is easier than ever, and this can be bad news for your retirement! On this episode of The Retirement Answer Man Podcast, I talk about […]
The post #185 – Don’t Be Like Wimpy! How Spending Can Ruin Your Retirement appeared first on Roger Whitney.
Passive investment management has taken over the world. Nine of the top ten mutual funds are based on passive investing. On this episode, I explain what passive investing is and how it works, the top two indices that most funds are based on, and the advantages and disadvantages of investing based on those indices. I […]
The post #184 – Passive Investing: What You Should Understand appeared first on Roger Whitney.
Pre-tirement is that phase between full-time work and what we think of as traditional retirement, and it could be the key to you having a great retirement. Traditional retirement planning that focuses only on investing just doesn’t work. It doesn’t inspire much confidence or clarity about what your future could be. On this episode, I […]
The post #183 – How Pre-tirement Could Save Your Retirement appeared first on Roger Whitney.
If you want a great retirement, you don’t need better answers, you need better questions. Pretty much everyone in financial advice and the media want us to stay with tactical questions like “How should I allocate my investment account?” “Are interest rates going to go up soon?” and “Am I saving enough?” These tactical questions […]
The post #182 – Want a Great Retirement? appeared first on Roger Whitney.
The top financial stress in America, according to a Gallup poll, is not having enough money for retirement. Some people choose to ignore it to avoid the stress, but for others, the worry is a motivator to be proactive and get moving in the right direction. In this podcast interview with Emily Guy Berkin, we will discuss […]
The post #181 – Stop Financial Stress Now! appeared first on Roger Whitney.
Have you ever considered that it might be advantageous to retire overseas? Where your home will be when you retire can dramatically change what the landscape might look like financially. There is a growing trend of Americans retiring outside of the country. Should you be one of them? That’s the topic of today’s episode and […]
The post #180 – Should You Retire Overseas? appeared first on Roger Whitney.
Do you want to have a great retirement? Make sure you value the right things. It is possible to make a million dollars and feel poor, or to make $60K and live a rich and full life. On today’s episode, Jason Parker joins me to talk about how to calculate your retirement spending and make wise choices […]
The post #179 – A Simple Tool to Estimate Retirement Spending appeared first on Roger Whitney.
There is a lot of weird science out there when it comes to investment management. But if we’re going to be successful in investing for retirement, we need sound science. Last time we talked about asset allocation for the flexible portion of your portfolio. Today we’re going to talk about the science behind the fixed […]
The post #178 – The Science of Index-Based Asset Allocation appeared first on Roger Whitney.
David Booth once said, ““The important thing about an investment philosophy is that you have one.” But how many people who are actively planning for their retirement actually DO have one? You’d probably be surprised to know that much of the planning side of “retirement planning” is pretty haphazard. Even among investment advisors. But I’ve […]
The post #177 – The 5 Ps of a Good Investment Philosophy appeared first on Roger Whitney.
“Learn the rules like a pro so you can break them like an artist” (Pablo Picasso). When I was taking a math refresher course for my certification, I had to memorize and practice calculating investment specific formulas. I have never had to use that skill again. But it did serve a purpose in giving me […]
The post #176 – The Role of Asset Allocation in Retirement Planning appeared first on Roger Whitney.
What you base your assumptions on when it comes to market forecasting and retirement planning will determine the course of action you take. Forecasting typically comes from respected “experts” who we all look to for advice, but here’s the problem: None of them are 100% accurate. In fact, even with all their knowledge and experience, […]
The post #175 – Market Forecasting: Who Can You Trust To Tell You What to Expect During Retirement? appeared first on Roger Whitney.
Part of my job as the Retirement Answer Man is to help you face the current issues that impact your retirement planning decisions. Part of that is the non-glamorous task of assessing the traditional approaches to retirement planning to see if they still work. So on this episode, I’m going to take a fairly deep […]
The post #174 – Does the Institutional Approach to Asset Allocation For Retirement Work These Days? appeared first on Roger Whitney.
Get ready for part three of our Retirement Investing series. On this week’s episode of the Retirement Answer Man, we’ll talk about risk management, types of risk to watch out for, and why the common approach to managing risk might not be a good fit for you. This one will be a lot more […]
The post #173 – Investment Risk Management for Regular People appeared first on Roger Whitney.
Hello everyone and welcome once again to the Retirement Answer Man Show, I am your host Roger Whitney and I am the Retirement Answer Man. This show is part 2 in our series on investing. Today we will look at why maintaining a strong investment foundation is so important as you enter retirement and what […]
The post #172 – Building A Strong Foundation For Your Retirement Investments appeared first on Roger Whitney.
Welcome back to the Retirement Answer Man show. Today begins a new series on Investing. I am very excited about being able to offer you this series and I hope you will find some value that fits your situation. In this week’s episode, we are chatting with a great guy, David Stein. He has many […]
The post #171 – J. David Stein on How Not To Gamble Your Retirement Away appeared first on Roger Whitney.
Welcome back to the Retirement Answer Man Podcast. My name is Roger Whitney and I am the Retirement Answer Man. On this week’s episode, I will be answering several listener questions about dementia, HSA’s, and next level investing. I’ll also outline the road to “brokesville” so that you can steer clear of catastrophe in your […]
The post #170-Learn From Your Mistakes To Create A Great Retirement appeared first on Roger Whitney.
I love being an entrepreneur! Not only does it give me an avenue to exercise my creativity it gives me the flexibility to live the life I desire, work the way I want to work, and build a legacy for my family. The value of your business can be put into three categories: Cash flow, […]
The post #169 – A Business Exit Strategy That Creates Family Legacy With Randy Long appeared first on Roger Whitney.
Hello everyone and welcome! I am Roger Whitney the Retirement Answer Man and today on the show we are talking about the Healthcare Dragon and the threat that it poses to your retirement as well as the lives of your family. It’s no surprise to hear that health care costs are rising, each year this […]
The post #168 – Using Your HSA To Slay The Health care Dragon appeared first on Roger Whitney.
Welcome to another episode of the Retirement Answer man, as always I am Roger Whitney the retirement answer man. This week’s show is a hodgepodge of great actionable content that might give you the edge you need in your retirement plan. We’ll discuss why alcohol abuse is a problem for many people in retirement and […]
The post #167 – Should I Use Social Security Income To Fuel My Retirement Investments? appeared first on Roger Whitney.
After my last knee surgery, my doctor told me that I should NEVER AGAIN attempt to run like I have previously. That’s when it hit me, my best days physically are behind me. That was a sobering thought and a bit depressing. Thinking like this has a tendency to affect how we live and can […]
The post #166 We’ve got retirement planning all wrong appeared first on Roger Whitney.
Welcome to another episode of the Retirement Answer Man podcast. I am Roger Whitney the Retirement Answer Man and this weeks’ topic is all about working during retirement. We all can agree that saving and investing are important but they often prove to be challenging. I believe there is another option a more fulfilling one. […]
The post #165 – Retirement Crisis: Why Work You Love Might Be The Answer appeared first on Roger Whitney.
Last week I got a call from a good friend. His sister-in-law believes her financial advisor has been stealing from her. I offered to help them get to the bottom of this and figure out what exactly what has been happening. Investment risk is a very real threat in today’s world. Scam artists are everywhere […]
The post #164 – My advisor stole my money! A simple way to avoid investment fraud. appeared first on Roger Whitney.
The election of President Trump was unexpected, and there is no denying that it has affected the markets. But instead of a crash, we are seeing all time highs. Since the election, the market has been accelerating like never before until last week when we saw it slow down. This begs the question, Will the […]
The post #163 Will The Trump Bump Continue? appeared first on Roger Whitney.
Welcome back to the Retirement Answer Man Show. I’m Roger Whitney and I’m sad to say it, but Retirement Planning is broken! The mainstream retirement planning method that has worked for years is falling short in our modern world. It is frustrating, disappointing, and fails to give you the leverage you need to create a […]
The post #162 – The Problem with Retirement Planning and How to Fix It appeared first on Roger Whitney.
We all have heard the term living simply and possibly associate it with a minimalistic lifestyle. Is there a way we can take the concepts of simple living and apply that to our retirement plan without compromising what is important to us? On this episode of the Retirement Answer Man, we will look at the […]
The post #161 – Simple Living In Retirement appeared first on Roger Whitney.
Welcome back to the Retirement Answer Man show. I am Roger Whitney and I’m so excited to have you with me. Today we will be talking about certainty in retirement and how it is, in fact, absurd! The only thing that is certain in life is uncertainty. No matter how hard we try to plan […]
The post #160 – Certainty Is Absurd: How To Deal With Uncertainty. appeared first on Roger Whitney.
Hey, there, and welcome back to the Retirement Answer Man show. I’m Roger Whitney and I am THE Retirement Answer Man. This week’s show is all about Net Worth. Today I answer several listener questions regarding net worth statements. I also offer a caution about the dangers of comparisons in your retirement planning and how […]
The post #159 – Make your net worth work for your retirement not against it! appeared first on Roger Whitney.
Hey, hey – it’s great to have you along for another episode of The Retirement Answer Man. I’m Roger Whitney and I am THE Retirement Answer Man. This episode of the show is all about how the habit of binary thinking can derail your retirement planning goals. What is binary thinking? I’m glad you asked! […]
The post #158 – How Binary Thinking Can Ruin Your Retirement Goals appeared first on Roger Whitney.
Well, here we are – at session number three of Kim and Joe’s 2017 Retirement Plan LIVE experience. Today we reach the topic nobody enjoys talking about but that we HAVE to talk about anyway: Retirement Risks. There are many things we need to consider on this episode of the Retirement Answer Man in order […]
The post Mitigating Retirement Risks as You Plan For Your Future (Retirement Plan Live Session 3) appeared first on Roger Whitney.
Planning for retirement will be next to impossible if you don’t have some sort of barometer of your financial situation – and that’s why I always create a personal net worth statement with my clients to have a starting point for retirement planning. On this episode – the 2nd in the 2017 Retirement Plan LIVE […]
The post #156 – How Your Personal Net Worth Statement Can Inform Your Retirement Decisions – Retirement Plan LIVE Ep. 2 appeared first on Roger Whitney.
What are your retirement wishes? Do you have any? This episode of The Retirement Answer Man is all about retirement wishes – dreaming up the kind of retirement you really want to live (forget about what seems practical for now). I’m walking through an initial retirement planning conversation with Kim and Joe – this year’s […]
The post #155 – Retirement Wishes Start With Good Planning (Retirement Plan LIVE 2017) appeared first on Roger Whitney.
Every year I conduct a grand experiment in internet broadcasting that features everyday people like you. It’s called Retirement Plan LIVE and it’s my attempt at helping you know the ins and outs of effective retirement planning – and I do it by inviting listeners to take part in a to-be-aired set of conversations that […]
The post #154 – Introducing Kim and Joe, the Couple Planning For Retirement via Retirement Plan LIVE. appeared first on Roger Whitney.
Every one of us has a Facebook face – right? It’s that face we put on for the Facebook watching world (at least we HOPE they are watching). Here’s what it looks like: We have a great life, great relationships, new car, enviable vacation pictures – you know the drill. It’s the adult way of […]
The post #153 – Real Life Personal Growth And Finance Stories with P.T. Money appeared first on Roger Whitney.
Financial forecasting season is upon us! It’s the new year and there’s always a handful of predictions you see regarding politics, markets, social trends, and much more. If you spend much time listening to the talking heads out there you can come away very confused. Why? Because you’ll hear as many opinions and forecasts as […]
The post #152 – Financial Forecasting: 2017 Predictions And The Impact They Have On YOU appeared first on Roger Whitney.
Welcome, welcome welcome! It’s 2017 and time to address those retirement goals you’ve been putting off. And I’m here to help. I’m Roger Whitney, otherwise known as The Retirement Answer Man. I’m here every week to help you think through, plan for, and take action toward a better retirement than you can conceive! Well, maybe […]
The post #151 – Setting Retirement Goals and Working Toward Them: How One Couple Is Doing It appeared first on Roger Whitney.
Dealing with failure is never an easy thing. We all have things we regret, wish we could do over, or would like to have never done in the first place. This episode of The Retirement Answer Man is filled with YOUR feedback to this show – over 220 responses you sent in at my request, […]
The post #150 – Dealing With Failure By Seeing It As Feedback appeared first on Roger Whitney.
You may not even know what “hyperbolic discounting” is. But it’s something we all fall prey to numerous times, at least weekly. It’s the temptation to do something now that you know is not the best long-term. On this episode, I tell the story of how I bought a set of noise canceling headphones even […]
The post #149 – How The Temptation of Hyperbolic Discounting Can Bite You In the End. appeared first on Roger Whitney.
You want to get the most out of your Social Security benefits, right? I’m with you, maximize Social Security as much as you can! But there’s a lot of conflicting advice out there about what you should do to make that happen. Some advisors are saying you should take early but reduced benefits in view […]
The post #148 – Maximizing Social Security For Your Best Retirement Ever! appeared first on Roger Whitney.
I’ve been hearing a lot lately about the so-called retirement crisis that’s happening in the United States. And what I think has happened is this – a long-held belief that rising costs and the decreasing value of the dollar make retirement more and more difficult – has conditioned us to think in terms of survival […]
The post #147 – Avoid The Retirement Crisis By Building Retirement Dreams appeared first on Roger Whitney.
In case you haven’t noticed, the recent election has had a pretty significant impact on the strength of the dollar worldwide. The U.S. dollar is actually gaining strength in the world economy – it’s at a 13 year high – and it’s in large part because of what financial gurus around the world believe is […]
The post #146 – The Strength of the Dollar, The Forex Market, and Listener Questions About Asset Allocation appeared first on Roger Whitney.
It’s almost time for that year end tax planning. 2017 is going to be here before you know it! Over the past few weeks, I’ve been talking with quite a few of my clients about their year end financial planning and realized that the things I’ve been talking about week after week these days could […]
The post #145 – Year End Financial Issues You Should Consider appeared first on Roger Whitney.
The power of reading is something you shouldn’t underestimate. Even if you don’t enjoy reading. That’s because there’s no other resource in the world where you can spend $20 and get a potential return of thousands of dollars, increased happiness, greater success, and a whole lot more. I’ve been thinking about this a lot lately […]
The post #144 – The Power of Reading For Life, Success, and A Better Retirement. appeared first on Roger Whitney.
Do you understand the concept of sunk cost? It refers to anything you’ve invested time or money in and afterward discover that the thing is not going to play out the way you thought. It could be an investment, a hobby, a project of some kind, a purchase, even a political candidate. The tendency we […]
The post #143 – Sunk Cost Bias and How It Makes YOU Your Biggest Retirement Obstacle appeared first on Roger Whitney.
The 2016 Election in the United States is being hailed as one of the WORST campaigns in American history. It’s pretty bad but historically it’s actually not the worst that has happened. The election of 1828 between John Quincy Adams and Andrew Jackson was truly vicious and I for one am thankful that we’ve come […]
The post #142 – How Do Financial Markets React To Presidential Election Cycles? appeared first on Roger Whitney.
I love putting out episodes of the Retirement Answer Man podcast because you don’t think about your retirement every day of your life, but I do! I get to experience varied conversations with people from all walks of life about their retirement goals, every day of the work week. That’s a lot of varied experiences […]
The post #141 – Why Longevity Makes Retirement a Whole New Game appeared first on Roger Whitney.
When I think about the way the American Dream is typically carried out, it looks like a “Paint By Numbers” exercise. We’re given specific things we’re supposed to do in life – graduate High School, go to college, get a job, work a long time, save up for retirement, retire. But is that really the […]
The post #140 – Do You Have The Courage To Color Outside the Lines? appeared first on Roger Whitney.
When I speak to clients and potential clients it’s amazing that the #1 fear they have about retirement is not how they are going to support themselves financially, where they are going to live, or what their standard of living will be. The #1 fear I hear from clients is the fear of losing their […]
The post #139 – The #1 Fear About Retirement: Losing My Mind appeared first on Roger Whitney.
Anyone who is a reader would be happy to give you their “top 10” list of book recommendations. But today’s episode is not about my top 10 – it’s simply a list of books that have had a great impact on my life through the years. Your list will by default be different than mine […]
The post #138- 10 Powerful Book Recommendations For Investing And Personal Growth appeared first on Roger Whitney.
All of us can become better decision makers but we often don’t realize that one of the most important realms of life we need to do that in is relating to the small things. Small things add up over time to become really big things. Just ask the alcoholic or an inmate in a penitentiary. […]
The post #137 -How To Become A Better Decision Maker, Even In The Small Things appeared first on Roger Whitney.
Decision making: It’s been said that not making a decision is actually making a decision. But we tend not to think of it that way because it doesn’t feel like we’re making a decision. It feels safer to go on the way things have been instead of making a change. But is that true? On […]
The post #136 – Decision Making: Getting It Right For Retirement (and the rest of life) appeared first on Roger Whitney.
It’s not a good things when the financial services industry is freaking out. I mean really – these are people who are giving advice to you about your finances and retirement. Does it make YOU feel good when you see them freaking out? You might be wondering what in the world I’m talking about. It […]
The post #135 – Why People In The Financial Services Industry Are Freaking Out! appeared first on Roger Whitney.
Economic growth is always a hot topic when election year rolls around. The candidates make it sound like a lack of growth is the worst thing that could ever happen during any President’s term. But is that true? And furthermore, are there actually benefits to having times of economic slowdown or even recession? On this […]
The post #134 – Is Economic Growth Always A Good Thing? appeared first on Roger Whitney.
Economic growth is the hot button topic during this election. Have you noticed? When politicians, analysts, and talking heads on the news use that term “economic growth” – what do they really mean by it? It’s easy to make assumptions and easy to get lost in the verbiage because it sounds like something we all […]
The post #133 – Economic Growth, the Upcoming Election, Life Satisfaction! appeared first on Roger Whitney.
Personal values are really important. Do you know what yours are? It’s easy to respond immediately to the question with a “Sure, I know what my personal values are.” But do you really? I didn’t until I was challenged by my life coaches – Robert Mallon and Bill Watkins – to write down my top […]
The post #132 – How Personal Values Can Impact Your Level Of Happiness In Retirement appeared first on Roger Whitney.
Burnout may not be top of mind for you when you’re thinking about retirement. But maybe it should be. After all, you won’t be as productive in your pre-retirement years if you’re subject to job related burnout all along the way. Toward helping you think about your retirement planning in a healthier and more productive […]
The post #131 – How To Detect Burnout and Fix The Cause Of It, with Dr. Clark Gaither appeared first on Roger Whitney.
Retirement age is approaching faster than most of us want to admit. It will be here before you know it – and one of the most common things I hear from people who have moved into their retirement years is this: “I don’t feel very secure.” I used to think of retirement age security as […]
The post #130 – Retirement Age Is Approaching! Are You Going to Be Secure In Your Older Years? appeared first on Roger Whitney.
One of the biggest pitfalls of being an investor is that we tend to make emotional investing decisions. What does that mean? Take a scenario for a moment: the market takes a serious dip and stock prices plummet. The tendency the majority of investors have is to rush to their advisor and try to make […]
The post #129 – How to Avoid the Trap of Emotional Investing, with Dr. Daniel Crosby appeared first on Roger Whitney.
One is the loneliest number, right? It’s hard to think about retirement without honestly assessing the possibility that loneliness could be a very real aspect of it. But does it have to be that way? Not if I can help it! I’m Roger Whitney, the Retirement Answer Man and on today’s episode of the podcast […]
The post #128 – Here’s How Technology Will Help You Combat Loneliness in Retirement appeared first on Roger Whitney.
Do you remember your very first car? Do you remember the feeling of freedom and responsibility it gave you? The kind of mobility that comes from having and driving your own vehicle is something that many of us have been enjoying for 30 to 50 years. Have you taken the time to consider the impact […]
The post #127 – Here’s How Technology Will Impact Your Mobility During Retirement appeared first on Roger Whitney.
It seems funny to think about but those old Jetsons cartoons from the 1960s and 1970s are actually becoming more and more reality in the present day. More and more opportunity and concern is arising from the advances in technology that we see happening around us. I believe that many of these advances can be […]
The post #126: Here’s to the Future: How Technology Will Change Your Retirement appeared first on Roger Whitney.
Hey, it’s me, Roger Whitney – the Retirement Answer Man – and I’m here to help you not only plan for a happy and healthy retirement season but also to live a happier and healthier life now as you move toward retirement. On this episode we’re going to tackle the volatility in the markets as […]
The post #125 – 5 Things You Should Do in a Post-BREXIT World for Your Retirement appeared first on Roger Whitney.
Today is a day to say “Yes” to something. I mean it. There are so many opportunities out there, so many experiences to enrich your life. What could happen if you took the time to say “yes” to one of those opportunities? You’ll only know if you do it. I’m so thankful you’ve joined me […]
The post #124 – Why You Should Say YES More appeared first on Roger Whitney.
For as long as I’ve been aware of Social Security there’s been concerned that there won’t be enough funds to support future retirees. Well here we are in 2016 and the Social Security system is going along as it always has. Today’s guest is an expert on the topic, which is why I’ve invited her […]
The post #123 – How to Make the Most of Social Security with Emily Guy Birken appeared first on Roger Whitney.
I invite you to engage with the audio on this page, for the sake of your future, your happy retirement, and your overall happiness in life. That’s because the Retirement Answer Man is not just about numbers and figures, it’s about building a life that you can be proud of and satisfied with once you […]
The post #122 How the Wisdom of Chess Can Make You a Grandmaster of Investing With Doug Goldstein appeared first on Roger Whitney.
Risk Management: It’s a boring topic most of the time, but not this time – I guarantee it! Welcome back to this episode of The Retirement Answer Man. I’m happy you’re here (I’m Roger Whitney, by the way). I hope that you’re ready for an important conversation today. And I mean that, it really is […]
The post #121 – What You Should Know About Risk Management and Insurance appeared first on Roger Whitney.
It’s that time of the week again – time for another episode of The Retirement Answer Man featuring your very own Retirement Answer Man, Roger Whitney (that’s me). On this episode I’m going to introduce you to the concept of what is being called the “sharing economy” (in case you didn’t know what it was […]
The post #120 – How to Use the Sharing Economy in Retirement appeared first on Roger Whitney.
Welcome back to another episode of The Retirement Answer Man podcast, I am Roger Whitney, your host. In a financial climate like the one we are currently living in, when interest rates are low, how should you think about those fixed-income investments in your portfolio such as bonds? On this episode of the show I […]
The post #119 – What You Need to Know to Invest in Bonds appeared first on Roger Whitney.
If you want to learn how to maximize both your preparation and enjoyment of retirement, you’ve found the best way to do that. It’s here on The Retirement Answer Man podcast. This episode is focused on a very important issue – understanding the Social Security system (which is no small task). I’ve got a great […]
The post #118 – 3 Action Steps to Maximize Your Social Security Benefits. appeared first on Roger Whitney.
Retirement Planning is what this show is about, and I’m glad you’re here to be a part of the conversation. I’m Roger Whitney, The Retirement Answer Man and this is the show where I seek to guide you through my years of experience as a retirement planner into not only planning for the retirement of […]
The post #117 – How to Break Free and Live a Life True to YOU appeared first on Roger Whitney.
Are you ready to make the most of the life you have? I’m Roger Whitney and I’m here to help you do exactly that – not just for your retirement years, but for your entire life. On today’s show you’ll have the opportunity to dive into all kinds of good stuff, including my weekly happy […]
The post #116 – 6 Mistakes You Need to Avoid in Retirement appeared first on Roger Whitney.
Should I rollover my 401(k) to an IRA? Most advisors say yes, but it’s not always the best idea. In this episode, we share what you should consider to make the choice that’s right for you. Listen to the Audio Happy Lab Over the last few weeks we’ve been reviewing the top 5 regrets […]
The post #115 How to Decide Whether to Rollover Your 401(k) to an IRA appeared first on Roger Whitney.
If you’re investing for a great retirement, the state of the world economy can have a big impact on your success. This week, we go around the world updating you on Asia, Europe and the Americas. Listen to the Audio In This Episode We Cover Happy Lab “I wish I had stayed in touch with […]
The post #114 What You Need to Know About the World Economy appeared first on Roger Whitney.
Thank you for joining me on The Retirement Answer Man show today. I am Roger Whitney and I am truly blessed to know that you are interested enough in this podcast to track down this show notes page. On this episode of the show, we are going to focus in on happiness, the things that […]
The post #113 – How Your Personality Affects Your Money Decisions appeared first on Roger Whitney.
Welcome once again to another great episode of The Retirement Answer Man. I’m Roger Whitney, your host. I have been getting a lot of questions about real estate investing and I have to admit that I am not the expert on that subject. So, what I decided to do was to reach out to someone […]
The post #112 – What you Should Know About Investing in Real Estate appeared first on Roger Whitney.
I’m so thankful – SO THANKFUL – that you have joined me once again for The Retirement Answer Man show. I’m Roger Whitney, certified financial planner, and your host for the show. If you’re new to the show, I’m glad you dropped by and I encourage you to dig into the many resources I have […]
The post #111- Why You Shouldn’t Fall into the Market Timing Trap appeared first on Roger Whitney.
Welcome once again to another episode of the Retirement Answer Man podcast. I recognize that time is your most valuable commodity, and I don’t take it lightly that you are spending a significant portion of it listening to this podcast. Thank you! Thank you for the trust and confidence you are expressing in me by […]
The post #110 – What You’d Better Understand About Diversification and Indexes appeared first on Roger Whitney.
Welcome to another episode of The Retirement Answer Man, with me, Roger Whitney! My goal is that you’ll walk away inspired and ready for action. On this episode, I am your guide to financial bubbles and the preservation of your long term investments. I will also pick the brain of marketing consultant and communications strategist, […]
The post #109 – How to Make a Successful Career Pivot with Mike Kim appeared first on Roger Whitney.
Welcome once again to another episode of The Retirement Answer Man with Roger Whitney…me! It’s my goal to help you prepare for your retirement in a way that equips you to be happier, healthier, and more “on purpose” during your retirement years than you ever thought possible. On this episode I’m going to walk you […]
The post #108 – This is What the Market Thinks About Presidential Elections appeared first on Roger Whitney.
Welcome back to The Retirement Answer Man Podcast. I am your host, Roger Whitney. Some people know me as THE Retirement Answer Man and I’m here to help YOU make the most of your retirement years, not only through wise financial planning, but also through maximizing your life to be exactly what you want it […]
The post #107 – Why You Should Stop Worrying So Much appeared first on Roger Whitney.
I am so thankful, yes THANKFUL that you have decided to take the time to join me for another episode of the Retirement Answer Man. This show is a labor of love to me and I can’t express how wonderful it is for me to know that you’re finding value in what I’m sharing. On […]
The post #106 – This Market SUCKS: What to Expect for the Rest of the Year appeared first on Roger Whitney.
Welcome once again to The Retirement Answer Man show. I’m Roger Whitney, AKA the Retirement Answer Man. This episode of the show is one where I really get to live up to that name, because I’m answering two very practical listener questions covering how to figure out your “risk tolerance” in light of the different […]
The post #105 – Why You Should Ignore All Market Predictions appeared first on Roger Whitney.
Welcome back to the Retirement Answer Man… my name is Roger Whitney and I am a certified financial planner and your host of every episode of the show. This show is all about you – your retirement, your future, and your life. I want to help you think about your finances and retirement planning in […]
The post #104 – Is tax deferral really the best way to save for retirement? appeared first on Roger Whitney.
Good day to you again, my friends, and welcome to this edition of The Retirement Answer Man, my name is Roger Whitney, your host! Today we are smack in the middle of our “Retirement Plan Live” event and you’re going to get to hear another conversation I had with Linda (of Linda and James) about […]
The post #103 – How Will You Manage These Risks in Retirement? appeared first on Roger Whitney.
Hey there, welcome back to another episode of The Retirement Answer Man. I’m Roger Whitney – THE Retirement Answer Man – and in case this is the first time you’ve ever wandered over to my show, welcome! I’m so glad you’re here. You’ve jumped right into the middle of my “Retirement Plan Live” series, where […]
The post #102 – Want to Retire? Stop Watching the Markets, Watch This appeared first on Roger Whitney.
It’s here! You know you’ve been waiting for it and now I’m able to bring it to you… this year’s installment of Retirement Plan Live! This is YOUR opportunity to hear me walk through a real life, honest to goodness retirement plan with a very real couple – Linda and James. Today we’re going to […]
The post #101 – How to Dream Up Your Ideal Retirement appeared first on Roger Whitney.
Happy 2016 to all of you retirement interested folks out there, this is Roger Whitney, and in these parts I’m known as The Retirement Answer Man. I do a podcast each week to help you think about, plan for, and maximize your retirement years so that you can enjoy life, live to the fullest, and […]
The post #100 – How to Become a Super Saver in 2016 appeared first on Roger Whitney.
Welcome, welcome, welcome – to another episode of The Retirement Answer Man. My name is Roger Whitney and I am your host, companion, and guide to this episode, where we are going to navigate the farthest reaches of retirement theory and financial planning to help YOU create the retirement and future of your dreams. (Wow, […]
The post #99 – Five Reasons to be Thankful Interest Rates are Going Up appeared first on Roger Whitney.
One hundred minus your age in equities. This is is the rule of thumb for asset allocation during retirement we’ve all heard. This best practice may not be best after all. Recent research, however, questions this logic. If your goal is achieving life goals, It may be better to INCREASE your equity exposure as you age. In […]
The post Is Your Asset Allocation All Wrong During Retirement? appeared first on Roger Whitney.
Good day to you once again and welcome to this show notes page for the Retirement Answer Man podcast. I’m Roger Whitney, your host… and I’ve once again been blessed to put together a great episode of practical information for you to help you get underway on the retirement journey. On this episode there’s lots […]
The post #97 – How to Take Your Wealth Building to the Next Level with Todd Tresidder appeared first on Roger Whitney.
Hello, it’s Roger again, and welcome, welcome, WELCOME to this episode of the Retirement Answer Man. I’m so happy you’ve joined me! In this edition we’re going to talk about lots of great things that you can learn to help you understand and navigate the time of life we call “retirement” and I’m going to […]
The post #96 – How to Evaluate When to Take Your Pension appeared first on Roger Whitney.
Well, hello and welcome to the Retirement Answer Man. I am your host, Roger Whitney, and today’s show is packed full of great retirement information for you to use to educate yourself on your own retirement planning. But make sure you know this: The things I talk about on this show are purely for entertainment […]
The post #95 – Make Sure You Know This About Your Inherited IRA appeared first on Roger Whitney.
In this episode I’ve got a ton of great things to share with you – everything from a super announcement about our second annual “Retirement Plan LIVE” event that will be going on, to a quick definition and discussion of capital gains and dividend distributions, Christmas planning and tax savings, a conversation with a great […]
The post #94 – Simple Year End Tax Strategies That Could Pay for Christmas appeared first on Roger Whitney.
Hey there all you retirement-interested listeners out there, welcome to another episode of The Retirement Answer Man with yours truly, Roger Whitney. I’m so thankful you’re taking the time to listen today and want to do everything I can to make that investment of time worth your while. On this episode I have a great […]
The post #93 – How to Be Happy: It’s Easier Than You Think appeared first on Roger Whitney.
Hello there and welcome to this show notes page for episode 92 of the Retirement Answer man. I’m Roger Whitney, THE Retirement Answer Man, and on this episode I’m shaking it up a bit; throwing in some new segments that I believe are going to simplify and energize your retirement planning. I’d love to hear […]
The post #92 – Bye Bye File and Suspend: What You Need to Know appeared first on Roger Whitney.
Hey friends, Roger here, and I want thank you – truly THANK YOU – for being a part of the Retirement Answer Man community. My greatest hope is that the information I share on this podcast enables you to retire happily and wisely so you can make the most of your future. I kind of […]
The post #91 – Chris Hogan Wants You to Know This About Retirement appeared first on Roger Whitney.
Hello friends, Roger here. Today’s podcast is going to be a bit unusual, but not too unusual. I’m going to be answering listener questions about the question I’ve been dealing with all month long, “When I Can I Retire?” We’ve got questions about taxes, balancing portfolios, average expenses for the various stages of retirement, and […]
The post #90 – How to Answer The Question, “When Can I Retire?” appeared first on Roger Whitney.
You know, there’s a lot of talk these days about the human lifespan being extended because of medical breakthroughs. Is it really going to happen? I tend to think that it’s likely just because of all the advances in nutrition, medicine, and even DNA research. If it does, what are the impacts that living longer […]
The post #89 – 5 Impacts Longevity Could Have on Your Retirement appeared first on Roger Whitney.
Hey folks, Roger here… Do you know what the 6 biggest expenses are that you’ll face during retirement? In this episode of the Retirement Answer Man, I want to walk through those expenses for a couple of reasons: 1) You need to have a clear picture of where you’re headed so you can be prepared […]
The post #88 – The 6 Biggest Expenses During Retirement appeared first on Roger Whitney.
If you’re in your 40s or 50s you’ve probably started to wonder when you can retire and what your retirement lifestyle might look like. You’re ready to be free from the set schedule of work and have more control over how you send your days. You’re ready to spend more time with your family and […]
The post #87 – 4 Myths That Could Ruin Your Retirement and How to Avoid Them appeared first on Roger Whitney.
This episode of the Retirement Answer man is filled with some debt-crunching, retirement building, volatile market enduring advice to help you put your financial life in order. The feature segment of the show features the story of Jamie and Ruth, a couple who paid off over $83,000 in debt in just over 30 months. 30 […]
The post #86 -You Are Enough For Today appeared first on Roger Whitney.
Congratulations to YOU, the listeners of the Retirement Answer Man! Why are we congratulating you? Because you are the reason behind the recent honor Roger and the RAM show received at the FinCon Conference. Roger received the equivalent of an Emmy award for broadcasters in the Financial Services Industry – a Plutus Award. He couldn’t […]
The post #85 -9 Books to Help You Live a Great Life AND Invest Smarter appeared first on Roger Whitney.
In today’s podcast, Roger hosts a terrific conversation with Marc Miller. Marc is a veteran of the corporate world, having worked for IBM for many years. He’s made what he calls a “pivot” in his career journey by exiting the corporate world and starting up his own consulting and coaching business to help others pivot […]
The post #84 Learn How to Career Pivot to a More Independent Life During Retirement appeared first on Roger Whitney.
If you’ve never listened to The Retirement Answer Man before, you’re in for a real treat today. Roger has a great show in store that includes an invitation for you to get your questions answered on the show. Really, your retirement or financial planning related questions are exactly what Roger wants to feature more in […]
The post #83 When You Feel Like Your Plan to Retire is Screwed appeared first on Roger Whitney.
One of the most tempting but dangerous things investors (and investment advisors) do is to change investment strategies in light of what current markets are doing. Don’t misunderstand, it’s always wise to make adjustments when needed, but not to your overall strategy or plan. You put together that strategy to accomplish certain goals within certain […]
The post #82 Don’t Let Bad Markets Change a Good Plan appeared first on Roger Whitney.
Today’s episode of The Retirement Answer Man debuts a brand new format that will help you make even more of your retirement and financial planning. From here on out all episodes of RAM will be consist of 3 segments – The Hot Topic, where Roger addresses current issues on the financial horizon – The Practical […]
The post #81 How to Find a Good Charity in Your Community appeared first on Roger Whitney.
Roger starts the show off with a bang today by answering a listener question: “I’m a smart guy. So why do I make such stupid decisions when it comes to money?” Feel familiar? We’ve all made our share of mistakes in the financial areas of our lives, and that pattern never really changes unless we […]
The post #80 Why Smart People Can Be Stupid with Money, Too appeared first on Roger Whitney.
Retirement planning is as much about additional sources of income as it is about investments. Roger’s guest today, Matt Miller, has built a company that offers savvy retirement planners a legitimate way to add an additional stream of income to their current situation – either on the side or with hopes of it moving toward […]
The post #79 Want to Start a Business? Learn How to Fail Forward appeared first on Roger Whitney.
I’ve been hacked!!!! To prove that talking retirement planning doesn’t have to be dull, Joe Saul-Sehy from the Stacking Benjamins Show hacked into this week’s show. We were all set for another super serious retirement planning show when Joe from Stacking Benjamins hacked in and took over. Evidently Joe thought I was getting a bit too […]
The post #78 See, Retirement Planning Can Be Fun! appeared first on Roger Whitney.
It’s easier than ever to become a terrible husband. Our connected world has caused the outside world of news, work and friends to compete for the limited attention we have when we’re at home. If you’re not careful, e-mails, status updates and the internet can rob your wife of her rightful place as the center […]
The post #77 How Not to Be a Terrible Husband appeared first on Roger Whitney.
Many say the American dream is dead. That getting married, starting a family and building for the future is no longer possible. Even worse, many others believe it when they hear it. All the while, though, there are people with “normal” jobs building the American Dream step by step. One such person (or couple) is […]
The post #75 Starting a Family and Planning for Retirement? I Got This. appeared first on Roger Whitney.
What do you think the midyear outlook for the market is? Greece is all over the news (What is it with Greece, anyway?), markets in China are crazy and here in the U.S. everyone is freaked out about when interest rates will rise. What is an investor to do? In this episode, we’ll discuss the […]
The post The Mid Year Outlook for Investing appeared first on Roger Whitney.
You’d never intentionally make a stupid investment for your retirement. Yet, most of us do everyday. We invest or should I say digest horrible things into our body. Over time these bad “investments” rob us of the most important thing in retirement, our health, and potentially give us a huge negative return in the form […]
The post #73 Don’t Make This Stupid Retirement Investment appeared first on Roger Whitney.
Do you remember your high school sweetheart? I remember…..all of them. Young “love” is exciting, but how often does it turn into true love that lasts into retirement? I found my true love, Shauna, in college. This year we’ll celebrate our 25th anniversary. When did you meet your true love? In this week’s journey to retirement […]
The post #72 From High School Sweethearts to Retirement appeared first on Roger Whitney.
IS ANYONE THERE??? I ask because no one wants to talk about dying or end of life costs. Seriously, when do you bring it up? At a family dinner?? Maybe on your Saturday date night??? Most likely you only think about it when you see the devastating effects it has on someone you know. The Emotional and […]
The post #71 Dying Ain’t Cheap: The Emotional & Financial Costs of End of Life Care appeared first on Roger Whitney.
You may die tomorrow. You may get sick. There’s no way to predict it and there’s nothing you can do about it. Yeah, It sucks, I know. I’ve got the same deal. As important as planning for retirement is, it’s just as important…no, more important….you make the most of the only life you have. The one […]
The post #70 Don’t Miss Your Life While Planning for Retirement appeared first on Roger Whitney.
If you’re working to build a great retirement, stop listening to weekend investment talk radio. The economics of these local shows encourage the sale of investment products rather than offering sound investment advice. In this week’s episode, I answer listener questions and talk about the difference between investment and investment products and why too much […]
The post #69 WARNING: Investment Talk Radio May Be Hazardous to Your Retirement appeared first on Roger Whitney.
Have you noticed how these Journey to Retirement stories have little to do with money? Each listener’s story has focused on freedom and experiences. This week’s story is no different. Favorite Quote From This Week’s Story [Tweet “”It (retirement) means the freedom to do what we want, when we want and where we want.””] Lessons […]
The post #68 Retirement Means the Freedom to Do What I Want, When I Want appeared first on Roger Whitney.
Ask anyone and they’ll most likely say they want to have a great retirement. But looking at the day-to-day financial decisions of most people might tell a different story. “What you do speaks so loud that I cannot hear what you say.” Ralph Waldo Emerson It’s not enough to want a great retirement. You need […]
The post #67 Intentional Decisions Can Lead to a Great Retirement appeared first on Roger Whitney.
“The younger generation is ruining this country!” This was said about the baby boomers. Now it’s said about the millennials. The fact is, each new generation brings a fresh perspective that helps our society and country renew itself. Recently I spoke with a “millennial” who, like you and me, is working to raise a family […]
The post #66 Yes, 27 Year-Olds Think About Retirement, Too appeared first on Roger Whitney.
We all screw up along the way to retirement. We blow all our earnings. We accumulate a pile of debt. We dig a hole so deep, we wonder if we can ever get out and prosper financially. In my 20s, I bought a nice BMW and my wife and I built a fancy custom home. […]
The post #65 Jen’s Retirement Journey: Rising From the Ashes appeared first on Roger Whitney.
Despite what the media and some financial advisors tell us, preparing for retirement isn’t about fancy strategies or the best investment. This week listener “Rick” shares his story of how he became a 401(k) millionaire by using a simple but powerful strategy. “Rick” was the first listener to share his story. Rick isn’t his real […]
The post #64 Rick’s Journey to Retirement has Been Steady as It Goes appeared first on Roger Whitney.
There are plenty of people around today that will offer their services as a “life coach” or “business coach.” Few have the demonstrated history of success as businessman, family man and friend to man as Aaron Walker. Register for May 26th’s Webinar: How to Manage Cash Flow in Retirement Register Here […]
The post #63 Aaron Walker Wants You to Be Extraordinary appeared first on Roger Whitney.
At the end of day, all that matters is what retirement means to you. Forget what the commercials say. Forget what the brochures say. Forget much of what your advisor may say. You don’t have a “number;” you have a life that you get to define and live. This week I’m starting a new series […]
The post #62 Tell Your Money & Retirement Story appeared first on Roger Whitney.
If you want to retire and are looking for guidance, don’t just find someone smart. There are plenty of smart advisors with plenty of smart ideas. It’s been my experience that smart by itself, isn’t enough. If you want to retire successfully, it’s better to seek out wisdom. [Tweet “It ain’t what you don’t know […]
The post #61 Want to Retire? Why Smart Isn’t Enough appeared first on Roger Whitney.
If you work for a company, you’re a cog in the machine. You’re a replaceable part, easily eliminated or replaced if it suits the needs of the company. Sorry to be so blunt. I’m not trying to hurt your feelings. It’s just important you accept this if you’re going to thrive in the years ahead. […]
The post #60 Should I Take a Company Buyout Package? with Marc Miller appeared first on Roger Whitney.
Most of the personal finance blogs you read focus on how to be more frugal. How to cut costs so you can safe and invest for retirement. It’s important to be frugal but frugal only goes so far. I’ve invited Paula Pant from Afford Anything to chat about frugality and what might be a better place to […]
The post #59 You Can’t Frugal Your Way to Retirement with Paula Pant appeared first on Roger Whitney.
Just because Bill & Sally can’t achieve their ideal retirement doesn’t mean they can’t have a great retirement. In this episode, we’ll discuss: Why it’s okay to not be able to achieve an ideal retirement Common ways to adjust your retirement plan Uncommon ways to adjust your plan How to gauge how much investment risk […]
The post #58 Solving Your Retirement Puzzle: Bill & Sally Webinar Preview appeared first on Roger Whitney.
Yeah, you read that right. Bill and Sally cannot achieve their ideal retirement. That really sucks….or does it??? Remember in Episode 55 when I outlined Bill and Sally’s ideal retirement? I said “too many people are being too reasonable when setting their retirement goals” and challenged you to think BIG about yours. Well, that’s what Bill and […]
The post #57 NO Ideal Retirement for YOU, Bill & Sally appeared first on Roger Whitney.
If you asked me what was the most important item you should do to track your financial health I would tell you to track your net worth. A net worth statement is the most powerful tool you can use to track your financial progress over time. This simple one page document represents the sum of […]
The post #56 Bill & Sally Created a Net Worth Statement. Have You? appeared first on Roger Whitney.
Too many people are being too reasonable when setting their retirement goals. STOP! When you start your planning for retirement it is critical that you think big. There’s time enough later to be reasonable. Right now, focus on what your ideal life would look like….what would your life be if you could “have it all?” Listen […]
The post #55 How to Dream Big About Your Retirement with Bill and Sally appeared first on Roger Whitney.
Want to retire a year earlier? Maybe have a bigger lifestyle budget for travel? You might be able to if you change your relationship with your car. “According to Edmunds.com, the average monthly payment on a new vehicle is $479. Considering your existing car is trouble-free, saving that $479 per month means an annual savings of $5,748 by postponing the […]
The post #54 Buy Cars Better With James Kinson appeared first on Roger Whitney.
Okay, you’re planning for retirement, but what exactly are you planning for? I don’t think most of us think about this. We work and save and work and save, but spend little time figuring out what we’ll actually do when we retire. In this episode, I interview Tom Schwab of Goodbye Crutches and Inbound for […]
The post #53 What Do You See for YOUR Retirement? appeared first on Roger Whitney.
I’m still amazed at the level of engagement and transparency “Carl” has had throughout the process of creating his retirement plan on the show. I’m just as amazed at how much the series has resonated with you, the listener. Your questions, comments, suggestions and thank yous made the series better. In this episode, you’ll get […]
The post #52 A Kitchen Table Talk with Carl & Jane About Retirement appeared first on Roger Whitney.
WOW, your response to the Can Carl Retire? series in January and last Friday’s results webinar were off the charts. I received so many kind comments and sharp questions from you. In today’s episode, I’ll answer a portion of your questions and will get to more next week. Please keep them coming. If you’re wondering, no […]
The post #51 Listener Questions From the Can Carl Retire? Webinar appeared first on Roger Whitney.
Don’t Skip This Step! Click Here to Register For Friday’s Webinar One of the most heartbreaking things I’ve seen over 24 years advising families is a surviving spouse or family member dealing with an unorganized estate. Not having your affairs in order puts a huge burden on your family and compounds the […]
The post #50 Will You Leave a Mess When You Die? Step 4 Organizing Your Estate appeared first on Roger Whitney.
Risks can rob you from living a great life. Focus too much on them and you can miss out on a full life. Ignore risks and you can destroy your family’s financial security. If you’ve started planning for retirement, you’re probably overwhelmed with all the things you should worry about. This week, we’ll address, head […]
The post #49 I Want to Retire, But What About…?!?: Step 3 How to Manage Risk in Retirement appeared first on Roger Whitney.
Well, were you able to dream up your ideal retirement? It can be hard to think big, right? Hopefully, you’ve stretched yourself. No worries if you’re not finished. Keep at it and if you have questions, I’m here to help. Important Note: If you haven’t listened to Step 1, it’s best to start there. Here’s the link. This […]
The post #48 Step 2 Identify and Organize Your Financial Resources appeared first on Roger Whitney.
Are you ready to dream up your IDEAL retirement? This is week one of the “Can Carl Retire?” virtual retirement planning event. If you signed up for the free resources, you should have gotten an e-mail with all the items you need to complete this first important step. Haven’t signed up yet??? No worries, there’s still […]
The post #47 Step 1 Dream Up Your IDEAL Retirement appeared first on Roger Whitney.
One of the most common comments I get from readers is how hard it is to get straight answers to their most important retirement planning questions. “When can I retire?” “What lifestyle can I expect?” “Will I run out of money?” What am I missing???” Starting January 7th, I’ll answer these questions for a fellow […]
The post #45 Can Carl Retire? See the Retirement Planning Process in Action appeared first on Roger Whitney.
“Why won’t someone give me a straight answer?” This is the comment I get most from listeners trying to find answers to their most pressing retirement planning questions. In 2015, I’m stepping up my game to help you find your answers so you can work towards your ideal retirement. Announcing Retirement Plan Live Want to […]
The post #44 How to Launch Yourself to a Great Retirement [Podcast] appeared first on Roger Whitney.
Stop watching the market and comparing your investment performance to some benchmark. Everyone does it (even most advisors) but does it really help you create a great life??? Of course it doesn’t. So stop. Stop worrying about “keeping up with the market” and get down to the important work of creating a great life. INVEST […]
The post #43 Stop Watching the Market and Create a Great Life [Podcast] appeared first on Roger Whitney.
Yeah, there are lots of articles this time of year talking about year-end tasks to complete, but mine are Super Simple ones. Okay…maybe it’s just my way of trying to sound different. Still, these ARE 7 relatively simple tasks that could make a big difference in your financial life (so indulge me). Invest Wisely – […]
The post #42 7 Super Simple Tasks to Complete Before You Rock in the New Year [Podcast] appeared first on Roger Whitney.
You’d think that with all the great information and tools available today that making smart money choices would be easy. The fact is, it’s harder than ever before. We live in a world designed to get us to “buy now” or “avoid that.” These messages are designed by savvy marketers to get us to take […]
The post #41 3 Habits to Help You Make Smart Money Choices [Podcast] appeared first on Roger Whitney.
Working towards retirement can feel like rafting a river full of dangerous rapids. As you flow down the river of your life, you’re constantly having to navigate events that threaten to turn your life upside down. Unemployment, death, divorce, college costs, healthcare, recessions, corrections, inflation and countless others can put you on the rocks. This week […]
The post #40 How to Ride the Rapid Towards Retirement [Podcast] appeared first on Roger Whitney.
If you’re working towards retirement you know that investing wisely is a key part of reaching your goals. The problem is investing means putting your money at risk. That’s stressful. As a result, many of us tell ourselves lies or believe “trues” that can be dangerous to our financial future. In this episode, I’ll discuss […]
The post #39 7 Investing Lies We Tell Ourselves and How to Avoid Them appeared first on Roger Whitney.
I’m convinced that the most stressful part of planning for and living in retirement is that we don’t know how to balance living well today while not sacrificing tomorrow. As a result, most of us live out of balance. Some of us are so worried about tomorrow that we sacrifice our current lives in order […]
The post #38 My #1 Retirement Planning Tool to Help People Find Balance [Podcast] appeared first on Roger Whitney.
Is your soul on fire? Too many of us live in a prison within our mind. We are trapped by our past choices, not realizing that today, right now, we can start a new journey. If you feel stuck, you can create a new life. You can ignite your soul and live your own hero’s […]
The post #37 Kary Oberbrunner Wants You to Ignite Your Soul [Podcast] appeared first on Roger Whitney.
You don’t like to lose money. Nobody does. That’s one reason it is so hard to stick to a long-term investment plan when we feel like we’re getting punched in the face by the markets. Just like a boxer, it’s natural to want step back and protect ourselves. This natural reaction, however, has caused most investors […]
The post #36 7 Steps to Help Fight Through a Market Correction [Podcast] appeared first on Roger Whitney.
It’s natural to fear a market correction. Losing money (even if on paper) sucks. News reports act as if market corrections are bad. That’s not true. The economy and the markets don’t function well without corrections. Just as there are benefits to a forest fire, a market correction is an essential element of a […]
The post #35 4 Benefits of Forest Fires and Market Corrections [Podcast] appeared first on Roger Whitney.
If you’re in your 40s or 50s you’ve probably started to wonder when you can retire and what your retirement lifestyle might look like. You’re ready to be free from the set schedule of work and have more control over how you send your days. You’re ready to spend more time with your family and […]
The post 4 Myths That Could Ruin Your Retirement and How to Avoid Them appeared first on Roger Whitney.
If you’re in your 40s or 50s you’ve probably started to wonder when you can retire and what your retirement lifestyle might look like. You’re ready to be free from the set schedule of work and have more control over how you send your days. You’re ready to spend more time with your family and […]
The post 4 Myths That Could Ruin Your Retirement and How to Avoid Them appeared first on Roger Whitney.
If you’re in your 40s or 50s you’ve probably started to wonder when you can retire and what your retirement lifestyle might look like. You’re ready to be free from the set schedule of work and have more control over how you send your days. You’re ready to spend more time with your family and […]
The post 4 Myths That Could Ruin Your Retirement and How to Avoid Them appeared first on Roger Whitney.
Medicare eligibility starts at at 65. If you’re blessed to be able leave your career earlier, you’ll need to evaluate your healthcare options until then. This week I talk with health insurance guru, Misty Kimbrough, about your healthcare options before age 65. Invest Wisely: 3 things you can do to ignore the voices in your […]
The post #34 Healthcare Options Before Age 65 [Podcast] appeared first on Roger Whitney.
Not living a healthier life can be costly as you age. USA Today recently reported that the top retirement concern for people over age 50 is healthcare costs. In fact growing older and being unhealthy can be financially disastrous. It just makes sense, to take a proactive approach to investing in your health. INVEST WISELY: 5 […]
The post #33 5 Steps to a Healthier Life [Podcast] appeared first on Roger Whitney.
Are you in a career that matches your God given talents? Most of us are in careers that we were trained to do. Not careers that centered on our talents. After college, we start work and our careers generally progress on their own without much intentional direction from us. If you’re in your 50s and […]
The post #32 Career Pivot: How to Change Careers When You’re in Your 50s appeared first on Roger Whitney.
Wouldn’t it be great to learn about retirement from those that have retired successfully? Here’s your chance. Today at FinCon, the National Conference for Money Media, moneytips.com is releasing the book, The Retiree Next Door. The best part is you can get it for free. Over the last year, the folks at moneytips.com conducted a […]
The post #31 What You Can Learn From the Retiree Next Door [podcast] appeared first on Roger Whitney.
Have you ever felt distant from your wife? I have. In my 23 years of marriage, there were times my wife and I drifted apart. It’s easy to do. Work, kids, hobbies, etc. just make life hectic at times. We eventually learned to be intentional about nurturing our marriage. Jackie Bledsoe has had the same […]
The post #30 How to Invest in Your Marriage with Jackie Bledsoe [podcast] appeared first on Roger Whitney.
Taxes suck. They erode away your income, savings and investments. One strategy to maximize your retirement savings is to convert your IRA to a ROTH IRA. ROTH IRAs are a powerful tool to help you do this but there are lots of tax and planning issues to consider first. That’s why I turned to Ed Slott, […]
The post #29 Should I Convert to a ROTH IRA? A Talk with Ed Slott [Podcast] appeared first on Roger Whitney.
Stressed about planning for retirement??? You’re not alone. Most of us (including me) freak out when we look at what it could take to provide for our family in retirement. Don’t believe all the statistics; you can take control. Investing Corner Listener Question: Wayne Asks, “My question is are there hidden risks doing my diversifying […]
The post #28 4 Strategies for Beating Retirement Planning Stress [Podcast] appeared first on Roger Whitney.
Setting retirement goals can be a big waste of time. In my 23 years of advising individuals and families, I’ve rarely found someone that had clear retirement goals. Guess what? They were still able to live a great life and retire comfortably. In this episode I’ll explore the problems with setting retirement goals and offer a better […]
The post #27 Screw Retirement Goals, Here’s a Better Way [Podcast] appeared first on Roger Whitney.
If you chose to invest in real estate as part of your retirement plan, you better understand what you’re signing up for. Most “educational” classes, workshops, etc. focus on all the benefits of real estate and gloss over the realities of doing it. Buying, owning and operating rental properties is hard work. This week, I […]
The post #26 What You Need to Know Before Investing in Real Estate [Podcast] appeared first on Roger Whitney.
My financial records are a mess. Really, they’re horrible. Last week, it took me 3 days to find a car title. My records are a mess. It’s embarrassing. I work so hard to help keep my clients’ financial lives in order and neglect my own record keeping. Need to get organized? In this episode, I’ll […]
The post #25 How to Organize Your Financial Records [Podcast] appeared first on Roger Whitney.
Is the stock market correction here? In the last week of July, the S&P 500 index lost 2.7%. The worst weekly loss in over two years. It didn’t take long for the sensationalist headlines to pop up. Here are two of my favorites. Warning: That plunge in stocks is just the beginning MarketWatch.com 3 market […]
The post #24 Strategies for Handling Market Corrections [Podcast] appeared first on Roger Whitney.
The cost of a financial misstep in retirement can be devastating. During retirement it is hard to “earn” your way out of poor decisions. Poor planning or a big loss during retirement can ruin your financial security. In this episode, I discuss the most common retirement “screw ups” I’ve seen and how you work to avoid […]
The post #23 7 Ways to Screw Up Your Retirement [Podcast] appeared first on Roger Whitney.
This week I speak with Burt White, Chief Investment Officer of LPL Financial. Burt and I discuss LPL’s mid-year outlook titled The Investor’s Almanac. Burt and his team do a great job simply communicating the economic and investing environment. Their Investor’s Almanac is a great tool to help us invest wisely. No bold predictions or market […]
The post #22 Invest Wisely: LPL’s Investor’s Almanac: Mid-Year Outlook [Podcast] appeared first on Roger Whitney.
“I worry” I talk to a lot of people about retirement. Not only clients but most everyone I meet over age 50. I’ll always ask them what their #1 thought is on retirement. I’ve learned a lot from this exercise. The most important thing I’ve learned is that people worry about retirement….alot!. They worry about: all the […]
The post #21 How to Accept the Worry and Start Planning for Retirement [Podcast] appeared first on Roger Whitney.
“How do I understand Social Security and Medicare?” This is a question I hear most often from people planning for retirement. Social Security and Medicare benefits will play a big part in your retirement. In this episode we begin to unwrap both and start to build a framework for you to make decisions about […]
The post #20 Unwrapping Medicare: The Basics [Podcast] appeared first on Roger Whitney.
I Hate Keeping a Monthly Budget. Yes, I know that keeping a monthly budget is personal finance 101. Over the years I’ve tried, repeatedly, to track every expense in a monthly budget. Each time I failed after a few months. It’s just too much work. I have better things to do than be a part-time […]
The post #19 Hate Keeping a Monthly Budget? Here’s an Easier Way [Podcast] appeared first on Roger Whitney.
Deal with Death By Celebrating Life Last week, I wrote about my sister’s passing and her wish that her family have a “Celebration of Life” picnic (you can read it here). In this podcast, I share my thoughts on my sister’s choice and one way you can deal with death by celebrating life. How to […]
The post #18 Deal with Death By Celebrating Life [Podcast] appeared first on Roger Whitney.
How to manage cash flow during retirement is probably the question I am asked most often. When you retire and stop receiving a paycheck each month, how you manage drawing from your savings can have a big impact on your financial health. In this episode, I outline the method we use with our retiring clients. […]
The post #17 How to Manage Your Cash Flow During Retirement [Podcast] appeared first on Roger Whitney.
Working during retirement could be the best thing you do to find meaning, stay healthy and earn money while doing what you love. In her book, Second-Act Careers: 50 Ways to Profit from Your Passions During Semi-Retirement, Nancy Collamer has created a great resource for anyone wanting to take their passion and earn income from […]
The post Second-Act Careers: The Benefits of Working During Retirement [Podcast] appeared first on Roger Whitney.
Jeff Goins doesn’t want to miss his life. And he doesn’t want you to either. In his latest book, “The In-Between: Embracing the Tension Between Now and the Next Big Thing” Jeff reminds himself and us that most of our lives are spent “in-between” the big things. It is in these moments we can find opportunities to […]
The post Jeff Goins Doesn’t Want You to Miss Out on Your Life [podcast] appeared first on Roger Whitney.
Want a great gift for a graduating high school or college senior? Jon Chevreau’s book, Findependence Day, is a great gift that teaches important financial lessons within an interesting fictional story of a young couple walking through life. In This Podcast We Discuss: The definition of financial independence Retirement vs. financial independence Life energy and […]
The post 14: Jon Chevreau: Discusses His Book Findependence Day and Host Roger Whitney Talks About a Recent Cyber Attack on His Practice [podcast] appeared first on Roger Whitney.
Johns Hopkins University’s Center for Innovative Care and Legg Mason recently issued a study titled “Aging and It’s Financial Implications: Planning for Housing. Kathleen Pritchard, Managing Director with Legg Mason, talks with host Roger Whitney about the importance of planning ahead for housing during retirement. Retiring Baby Boomers Will Have Major Implications to Housing Demand 10,000 […]
The post How to Plan for Housing During Retirement [Podcast] appeared first on Roger Whitney.
“He who asks a question is a fool for five minutes; he who does not ask a question remains a fool forever.” – Chinese proverb There really are no stupid questions. We’re told this all the time but I don’t think most of us truly believe it. As a result, we leave many very important […]
The post Do You Have a Question About How to Plan for Retirement? [Podcast] appeared first on Roger Whitney.
Over the last 20 years studies show that the average investor greatly under performances the stock and bond markets. Why do investors underperform virtually every capital market? In this week’s episode, I speak with Weston J. Wellington a Vice President with Dimensional Fund Advisors about how you can make smarter investment decisions and possibly improve your investment […]
The post Do You Make These Mistakes When You Invest? [Podcast] appeared first on Roger Whitney.
Walt Disney World is the classic family vacation. If you’re planning on visiting Walt Disney World this year, you’re going to love this week’s podcast. I speak with Lou Mongello, an internationally recognized expert on the Walt Disney World Resort. Lou is a former attorney from New Jersey who has made his lifelong passion his […]
The post How to Plan Your Walt Disney World Vacation with Lou Mongello [Podcast] appeared first on Roger Whitney.
How to pay for college is one of the most frequent questions I get from parents. This week I interviewed Celest Horton from How to Pay For College HQ to learn about great resources available to help parents pay for college. Celest knows it’s possible to pay for college without student loans (she did it). Each […]
The post How to Pay for College with Celest Horton [Podcast] appeared first on Roger Whitney.
In this Plan Well Invest Wisely podcast, I interview Lauren Gaggioli, founder of Higher Scores Test Prep. We discuss the importance of the SAT and how to help your child select the right school for them. Here are some of the topics Lauren and I covered: The importance of taking college preparatory tests such as ACT, SAT, […]
The post Lauren Gaggioli Discusses Preparing for the SAT and Selecting the Right College [Podcast] appeared first on Roger Whitney.
I bought a recreational vehicle (RV) seven years ago. Here it is, in all of its glory. . . untouched for two years. It’s spring and the desire to spend time outside with the family is blooming. An RV, boat and other recreational vehicle can be great tool to help create great family experiences. In […]
The post 10 Things to Consider BEFORE You Purchase a RV [Podcast] appeared first on Roger Whitney.
How do you find the right financial advisor for you and your family? In this special mid-week edition, host Roger Whitney gives you a framework for how to interview financial advisor candidates and 15 questions you should ask to help choose the right one. In this episode he covers: Why it is important to interview […]
The post Finding a Financial Advisor: 15 Questions to Ask a Financial Advisor Candidate [Podcast] appeared first on Roger Whitney.
This Week, Roger Whitney introduces a new service YOU ASK I ANSWER, where you can ask your retirement planning questions and receive a response. Then he begins to answer the question, will I have enough money to maintain my lifestyle during retirement? The first step to answering this question is to determine what your retirement lifestyle […]
The post Do I Have Enough Money to Maintain My Lifestyle in Retirement? [Podcast] appeared first on Roger Whitney.
You can download the report for free by clicking here. Investing in your health may be the best investment you can make to live well in retirement. The quality of your health can have major financial implications on your financial wellbeing in retirement in these three ways: Healthcare Costs – If you’re unhealthy, high healthcare costs can blow a […]
The post INVEST in Your Health: The Financial Benefits of Living Healthy in Retirement [Podcast] appeared first on Roger Whitney.
In this week’s PLAN WELL INVEST WISELY podcast, we talk about Amazon Prime’s recent price increase and how having a funded emergency fund helps you make smarter financial decisions. Rethinking Amazon Prime For those who don’t know, Amazon Prime is a membership program which gives members unlimited free two-day shipping on millions of items on […]
The post Episode #3 Rethinking Amazon Prime & The Importance of the Emergency Fund [Podcast] appeared first on Roger Whitney.
PLAN WELL INVEST WISELY Podcast Episode #2. Do you struggle to make financial decisions because you can’t get a handle on all the complexities of your life? In this episode’s PLAN WELL segment, I show you how to use a net worth statement to make more informed financial decisions. A net worth statement is an essential […]
The post #2: How to Use Your Net Worth Statement to Manage Your Financial Life [Podcast] appeared first on Roger Whitney.
Welcome to PLAN WELL INVEST WISELY, the podcast dedicated to helping you make smarter financial decisions so you can live well today without sacrificing tomorrow. Each of these 30-minute weekly podcasts will be posted on Tuesdays. All the episodes will have two separate segments: 1) PLAN WELL – This segment will include basic financial planning concepts to […]
The post Episode #1 Creating an ICE Plan and 4 Reasons Why You Should Ignore Market Predictions [Podcast] appeared first on Roger Whitney.