The Money and Meaning Show

October Perspectives: Why Retirement Planning Is About Resilience, Not Certainty

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In this episode of Money & Meaning, Jeff Bernier connects 17th-century philosophy with modern financial planning. Using Blaise Pascal’s wager as a framework, Jeff examines how retirement planning isn’t about certainty—but resilience. He discusses scenario analysis, the role of Plan B, and why the best financial plans aren’t fixed, but adaptable. This episode is a timely reminder that thoughtful preparation—not prediction—brings peace of mind in uncertain times. 

 

Topics covered: 

  • Applying Pascal’s Wager to financial planning
  • The role of low-probability, high-impact risks in retirement planning
  • Emphasizing resilience over prediction
  • Scenario analysis and its purpose in building flexible plans
  • The importance of maintaining a Plan B
  • Avoiding the mistake of confusing spreadsheets with reality
  • Why assumptions in planning must remain dynamic
  • The value of humility in planning for an unknowable future
  • Embracing flexibility in lifestyle, spending, and investments
  • “Strong opinions loosely held” as a financial philosophy
  • Confidence through preparation rather than prediction

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    Useful Links: 

     

    • Jeff Bernier on LinkedIn: https://www.linkedin.com/posts/jeffberniercfp_the-money-and-meaning-show-activity-7202103509700227072-h0Qn/ 
      • TandemGrowth Financial Advisors: https://www.tandemgrowth.com/ 
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