Retire SMART Podcast

Could President Trump’s tariffs improve the woeful budget outlook for our economy? What are the chances that lower tax rates will remain truly permanent? And is Social Security safe? David Brooks has answers to these questions in today’s Q&A episode.

This episode dives into the growing financial strain on Medicare and what it means for retirees. David and Financial Advisor, Jacob Orand, explain how IRMAA surcharges, rising premiums, and legislative risks are creating hidden taxes—and share strategies to help protect income and avoid unnecessary penalties in retirement.

David and the team open with reflections on the tragic assassination of Charlie Kirk and what it says about America’s growing polarization. From there, the focus shifts to Becky Swansburg’s insights at their annual Speaker Series, the Federal Reserve’s looming rate cuts, U.S.–China tensions over TikTok, and pension unrest in Europe.

Today’s episode highlights the power of mentorship through the Teammates program and its call for more volunteers, before diving into troubling stories of government waste and fraud across several states. David and Chip also unpack what rising long-term bond yields reveal about global confidence in government debt, and the potential reckoning ahead for financial markets.

As a 65-year-old who plans to work till 70, and has health insurance through my job, should I switch stick with my current plan or make the switch to Medicare? What is a good strategy to able to support our kids when they need help while also ensuring we don’t over-drain our nest egg? And what’s David’s take on the recent NBC poll on priorities for Gen Z?  David Brooks has answers to these questions in today’s Q&A episode.

David welcomes back financial advisor, Mike Schudel, to discuss the unique challenges high-net-worth families and business owners face in planning for succession, taxes, and wealth transfer. They unpack why no single advisor can cover all the complexities, the importance of building a coordinated team, and how research-backed models like Wharton’s help manage risk for retirees and entrepreneurs alike.

The Huskers’ explosive 68–0 home opener sparks a conversation about leadership, standards, and finishing strong on the field. David and Chip reflect on the excitement of seeing their brand in the stadium, personal family moments, and the lessons in Matt Rhule’s halftime speech. Then, they shift gears to the economy, unpacking weak job growth, shifting labor dynamics, and what it means for college grads, trades, and the future of work.

Is the 4% rule really the gold standard for retirement planning? David says no, and breaks down why relying on it could leave retirees short. The discussion then moves to fresh tax legislation, smart Roth conversion strategies, and housing market concerns as interest rates climb and affordability slips.

Today, Chip brings 3 questions all related to 401(k) in retirement.

David welcomes financial planner Blake Grimm for a timely conversation on Medicare. From open enrollment dates to the hidden costs of Advantage plans and rising Part B premiums, this episode helps retirees understand their options and avoid costly mistakes.