If you have diligently saved throughout your career, you may be ready to retire, yet still feel uncertain about spending your savings. To truly live your best life in retirement you need to learn how to shift from a saving mindset to a spending mindset. In this episode of Retirement Starts Today, we’ll help you do just that. This episode was first broadcast in July 2023.

3 Tricks to Help Retirees Spend More [Rebroadcast]

Do you want to spend more money in retirement, while paying less taxes? Great news, you're in the right place! 
I'll also teach you the benefits of retiring TO something, while most retirees only solve half the equation by retiring FROM something. Tune in every Monday morning - hosted by Benjamin Brandt CFP, RICP. 
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You’ve been accumulating your savings your entire life, but when the time comes to draw down your investments, there are new risks. In this episode, we’ll discuss four risks that come with the decumulation phase of retirement.  Press play to learn how to avoid these risks in retirement.  Are you looking for a new advisor? One of our listeners is looking for a checklist to help him hire a retirement advisor. While answering that question I went ahead and made my advisor checklist available to all of you to download here. Outline of This Episode  [1:47] Understand effective strategies for the decumulation phase [11:20] Do I have a checklist to use to hire a retirement advisor?   Resources & People Mentioned  The Retirement Podcast Network Questions to ask a retirement advisor  Connect with Benjamin Brandt  Get the Retire-Ready Toolkit:http://retirementstartstodayradio.com/ Follow Ben on Twitter:https://twitter.com/retiremeasap Join the newsletter: https://retirementstartstodayradio.com/newsletter Dive deeper into retirement planning with Ben at www.RetirementIncome.University  Subscribe to Retirement Starts Today on  Apple Podcasts,Stitcher,TuneIn,Podbean,Player FM,iHeart, orSpotify  

The Four Unique Risks in Decumulation, Ep #346

A lot of us are looking to get in shape in retirement. This is a good thing since part of living an even better retirement is looking after your health and muscle mass. Staying healthier and more active longer will ensure that you are making the most out of your retirement. In addition, maintaining a healthy muscle mass is a huge part of keeping your health as you age. In this episode, we’ll explore a  Scientific American article on keeping your muscles strong as you age. Make sure to listen in to discover some tools that I use to track my health and wellness as I enter the second half of my life. Outline of This Episode  [1:12] Keeping up your muscles [5:23] What I’m doing to stay healthy [10:01] How can two opposite approaches achieve the same goal?  Resources & People Mentioned  The Retirement Podcast Network  Scientific American article Dexa Scan InBody Scan My Fitness Pal Whoop Band  Connect with Benjamin Brandt  Get the Retire-Ready Toolkit:http://retirementstartstodayradio.com/ Follow Ben on Twitter:https://twitter.com/retiremeasap Join the newsletter: https://retirementstartstodayradio.com/newsletter Dive deeper into retirement planning with Ben at www.RetirementIncome.University  Subscribe to Retirement Starts Today on  Apple Podcasts,Stitcher,TuneIn,Podbean,Player FM,iHeart, orSpotify  

More Muscles = Better Retirement, Ep #345

Do you have index funds in your portfolio? Chances are you do!  Our retirement headline today describes the rise of index funds over active funds and why that’s important. Discover how index funds connect with my investment philosophy by pressing play now.  Outline of This Episode  [1:22] Index funds have grown exponentially over the years [2:23] What are index funds [5:58] How index funds fit into my investment philosophy [10:04] Will my estimated Social Security benefit decrease if I retire before full retirement age?  Resources & People Mentioned  The Retirement Podcast Network  Morning Star article  Connect with Benjamin Brandt  Get the Retire-Ready Toolkit:http://retirementstartstodayradio.com/ Follow Ben on Twitter:https://twitter.com/retiremeasap Join the newsletter: https://retirementstartstodayradio.com/newsletter Dive deeper into retirement planning with Ben at www.RetirementIncome.University  Subscribe to Retirement Starts Today on  Apple Podcasts,Stitcher,TuneIn,Podbean,Player FM,iHeart, orSpotify

Index Funds Have Officially Won, Ep #344

Recent legislation has made everyone’s favorite college savings plan a little more flexible. Funds in a 529 plan aren’t as locked up as they used to be now that your children’s unused college funds can be rolled into a retirement account. In this episode, we’ll discuss an article from the White Coat Investor which explores how the 529 can be rolled into a retirement account. We’ll discover the benefits and drawbacks of using a 529 to save for retirement. Listen in to hear whether the 529 rollover could help you in your retirement.  Outline of This Episode  [2:12] Using unused 529 funds [9:30] Utilizing spend-down strategies  Resources & People Mentioned  The Retirement Podcast Network The 529 to Roth IRA Rollover  Connect with Benjamin Brandt  Get the Retire-Ready Toolkit:http://retirementstartstodayradio.com/ Follow Ben on Twitter:https://twitter.com/retiremeasap Join the newsletter: https://retirementstartstodayradio.com/newsletter Dive deeper into retirement planning with Ben at www.RetirementIncome.University  Subscribe to Retirement Starts Today on  Apple Podcasts,Stitcher,TuneIn,Podbean,Player FM,iHeart, or Spotify

The 529 to Roth IRA Rollover, Ep # 343

It may be easy to define success in your working career, but defining success in retirement can be more difficult. What does success look like in retirement? What will you do daily or weekly to get the most out of your retirement? In this episode of Retirement Starts Today, we’ll explore a TEDx talk about the 4 phases of retirement that many (but not all) experience. Click play to hear how you can squeeze the most juice out of your retirement. Outline of This Episode  [1:52] How to squeeze the most juice out of retirement [11:18] Help with spending more in retirement  Resources & People Mentioned  The Retirement Podcast Network The 4 Phases of Retirement TEDx Talk  The 4 Phases of Retirement by Fritz Gilbert  Connect with Benjamin Brandt  Get the Retire-Ready Toolkit:http://retirementstartstodayradio.com/ Follow Ben on Twitter:https://twitter.com/retiremeasap Join the newsletter: https://retirementstartstodayradio.com/newsletter Dive deeper into retirement planning with Ben at www.RetirementIncome.University  Subscribe to Retirement Starts Today on  Apple Podcasts,Stitcher,TuneIn,Podbean,Player FM,iHeart, orSpotify  

3 Tricks to Help Retirees Spend More [Rebroadcast]

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