#336 - Estate Planning in Retirement: Lessons from Handling My Parents’ Estate
#336 - Estate Planning in Retirement: Lessons from Handling My Parents’ Estate

Have you ever had to deal with closing an estate? Mark Ross happens to have the unfortunate experience of helping to close out 4 different estates in a short period of time. Since experience is the best teacher, Mark joins me today to discuss his experience with the probate process. He’ll share how he dealt with his feelings during the process, how long it took, how he managed, and what he thinks you can do to organize your own estate. Give your heirs the gift of an organized estate by learning all you can now to help ease the probate process.

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PodcastsRoger Whitneyestate planning, Kevin Lyles
#335 - Estate Planning in Retirement: Organization and Communication
#335 - Estate Planning in Retirement: Organization and Communication

By now you know how important estate planning is in retirement. But it is also important to organize and communicate your wishes to your loved ones. In this episode, you’ll learn how to organize and communicate your estate planning wishes. We’ll chat with Sarah Bunnell from Everplans who will let you know how and why organization and communication are so important. Listen in to hear her expert take on these matters. And make sure you are signed up for the 6-Shot Saturday email so that you can receive an essential document checklist.

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PodcastsRoger Whitneyestate planning, Sarah Bunnell, Everplans
#334 - Estate Planning in Retirement: Giving to Charity
#334 - Estate Planning in Retirement: Giving to Charity

Many people choose to give to charity as a way to give back to their community. If you are overfunded you may decide to give to charity while you are still alive as well as part of your estate after you pass. On this episode of Retirement Answer Man, we’ll continue the estate planning series to discuss different ways that you can give charitably now and as part of your estate. Stick around to hear the Q&A session with my esteemed guest Peter Lazaroff.

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PodcastsRoger Whitneyestate planning, giving, Peter Lazaroff
#333 - Estate Planning in Retirement: Giving to Family
#333 - Estate Planning in Retirement: Giving to Family

Retirement is often the time when people begin to think more about estate planning. On this episode in the Estate Planning series, we’ll talk about giving. You want to be able to give to your loved ones but you also don’t want to rob them of their problems. That’s why we’ll discuss how you can give without enabling and you’ll discover how to optimize the impact of your gift. You’ll also learn how to decide whether you have enough to give. When you begin to think intentionally you’ll see that there are so many ways to give.

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PodcastsRoger Whitneyestate planning, giving, Taylor Schulte
#332 - Estate Planning in Retirement: The Basics
#332 - Estate Planning in Retirement: The Basics

One important aspect of retirement that not everyone is prepared for is estate planning. People avoid estate planning for various reasons, but a properly done estate plan is more than just documents. An estate plan is a way of continuing relationships and loving those people you leave behind in ways that you may not even imagine. Today we are kicking off our monthlong series on estate planning and we are starting with the basics. Listen in to hear what kind of documents you should have in place but also why they are important.

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PodcastsRoger Whitneyestate planning, Tanya Nichols
#331 - Oh, Behave! Behavioral Finance and Retirement: Investment Management
#331 - Oh, Behave! Behavioral Finance and Retirement: Investment Management

Do you think your own behavior affects your retirement investment management? If you said no, you may want to think again. The most significant risk to your finances is not market volatility or inflation, it’s your own behavior. Over the past several episodes we have explored how our own cognitive biases affect our financial choices and this episode continues that journey. On this episode, you will learn what you can do to make better decisions to ultimately protect your money from its own worst enemy: yourself.

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PodcastsRoger Whitneybehavioral finance, Kevin Lyles
#330 - Oh, Behave! Behavioral Finance and Retirement: Retirement Planning
#330 - Oh, Behave! Behavioral Finance and Retirement: Retirement Planning

We all have cognitive biases that we have to account for when retirement planning. Although we can never shed ourselves of these biases we can manage them. In this episode of Retirement Answer Man, we continue to explore behavioral finance and how it affects retirement planning. Our minds like to play tricks on us and prevent us from making rational decisions. Listen to this episode to learn how to be aware of those tricks and overcome them so that you can rock retirement.

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PodcastsRoger Whitneybehavioral finance, medicare, bias
#329 - Oh, Behave! Behavioral Finance and Retirement: Life Planning
#329 - Oh, Behave! Behavioral Finance and Retirement: Life Planning

Life planning is one of the hardest things about retirement. Deciding when to retire can be challenging and is a decision based on more than just money. There are various types of mind tricks that we play on ourselves to talk ourselves out of making life big changes. In this episode of Retirement Answer Man, we continue the behavioral finance series by taking an in-depth look at rational decision making. Come join me to learn how you can make more rational decisions so that you can rock retirement.

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PodcastsRoger Whitneybehavioral finance, medicare, emergency fund
#328 - Oh, Behave! Behavioral Finance and Retirement: Are You Rational?
#328 - Oh, Behave! Behavioral Finance and Retirement: Are You Rational?

This month on the Retirement Answer Man show we are diving deep into behavioral finance. Do you consider yourself a rational person? Most of us think we are rational people, but according to Frederick Nitzsche rationality is impossible. However, without rationality, we are bound to make poor financial decisions. That’s why today we’re going to explore our humanness and focus on how we can make better decisions. Listen in to learn how to make better financial decisions so that you can rock retirement.

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PodcastsRoger Whitneybehavioral finance, capital gains, loss aversion
#327 - Setting Your Retirement Assumptions: 5 Rules to Follow
#327 - Setting Your Retirement Assumptions: 5 Rules to Follow

It’s easy to say don’t live your life based on assumptions. But how can we do that in retirement when assumptions are our way of managing uncertainties? Assumptions are basically just guesses at things we don’t know. And we need to make some assumptions to create a plan. So today we’ll finish off the setting your retirement assumptions series by exploring 5 rules for setting and managing retirement assumptions. Join me to learn how we can make good assumptions.

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PodcastsRoger Whitneyretirement assumptions, retirement identity
#325 - Setting Your Retirement Assumptions: Costs
#325 - Setting Your Retirement Assumptions: Costs

One of the biggest assumptions you can make in retirement is in your spending. Spending is one of the greatest financial pieces of retirement planning. On this episode, we’re talking about spending. How do you track your spending? How do you know how much you will spend in retirement? Will your spending change after you retire? Listen in to hear how to break free from your retirement assumptions so that you can not just survive retirement but rock retirement.

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PodcastsRoger Whitneyretirement assumptions, IRMAA, RMD
#324 - Setting Your Retirement Assumptions: Life Assumptions
#324 - Setting Your Retirement Assumptions: Life Assumptions

What retirement assumptions do you have? In retirement planning, we rely on assumptions for just about everything. This may seem like a small thing, but this topic is so big that we are taking the whole month of May to talk about it. Today we tackle the life assumptions: how much you plan to spend, how long you plan to work, how long you think you’ll live. Join me as we consider the different assumptions we all make when planning for retirement. 

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PodcastsRoger Whitneyretirement assumptions, Roth
#322 - 5 Ways Retirement Planning Will Never Be the Same
#322 - 5 Ways Retirement Planning Will Never Be the Same

Retirement planning will never be the same. Actually there are many aspects of our lives that will never be the same. The Coronavirus disruption has been exactly that, a disruption of our everyday lives. It has affected everything from education, to work life, to retirement planning. Find out how staying intentional and agile will help you rock retirement on this episode of Retirement Answer Man. 

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PodcastsRoger Whitneyretirement planning, covid, coronavirus, trends
#321 - How to Navigate a Recession in Retirement
#321 - How to Navigate a Recession in Retirement

So, we’re not in a recession yet, but these are definitely challenging times. A recession is a temporary economic decline with a fall in the gross domestic product over successive quarters. Although we technically aren’t in a recession right now, we can stay agile by preparing ourselves for what is to come. Join me today to learn how you can navigate a recession in retirement. You’ll learn 6 areas in which you can play offense or defense to help you be prepared for what may lie ahead. 

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PodcastsRoger Whitneyrecession
#319 - 6 Retirement Lessons from 6 Years of The Retirement Answer Man
#319 - 6 Retirement Lessons from 6 Years of The Retirement Answer Man

Making the choice to retire and actually stepping away from the comfort of your long-time career can be so difficult. It takes a lot of courage to make that leap. On this episode of Retirement Answer Man, we’ll be analyzing how you can create a strategy to step off that train and get started on your retirement. Listen in to hear how to start planning for the retirement that you know you want. But first, let’s talk about this stimulus package. 

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PodcastsRoger Whitneycovid, coronavirus, strategic retirement, stimulus package, CARES Act
#318 - Where to Live in Retirement: Steps to Navigate the Transition
#318 - Where to Live in Retirement: Steps to Navigate the Transition

Choosing where to live in retirement can seem daunting to some and exhilarating to others. On this final episode of the Where to Live in Retirement series, we hope to teach you how to take steps to navigate a transition to create the retirement and the life that you really want. If you listen to this show that means that you are preparing to rock retirement. Listen in to this episode to hear how to take intentional action to plan where you really want to be in retirement.

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PodcastsRoger Whitneywhere to live, Kevin Lyles