In this episode, hosted by Alyssa McNamara Reed and her father, Mike McNamara, they discuss retirement savings strategies and the difficulty in answering how much a person needs for retirement, as "it depends" on various factors like marital status, existing pensions, and desired lifestyle. A significant portion of the program features a call-in segment with a listener named Marge, a retiree who asks for advice on the aggressive nature of her mutual fund-heavy retirement portfolio and the value of annuities and Certificates of Deposit (CDs). The show unexpectedly concludes with a transition to an interview with two high school students, Molly and Ethan, who represent their school’s DECA business club, detailing the organization’s competitive activities and the importance of developing public speaking and business skills for future careers.

Alyssa McNamara Reed, CFP®is a financial planner with passion for the intersection of taxes and investing.  Alyssa works with motivated savers, beneficiaries of estates, business owners, divorcees, and pre-retirees.

Michael J. McNamara, Ph.D., CFP®, is the founder of McNamara Financial. A seasoned financial planner with over 40 years of experience, Mike is now semi-retired and works exclusively with long-time clients and a select few new ones.

To schedule a visit with the team at McNamara Financial, be sure to visit:

https://mcnamarafinancial.com/contact

McNamara Financial is an Independent, family-owned, fee-only investment management and financial planning firm, serving individuals and families on the South Shore and beyond for over 30 years.

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http://mcnamarafinancial.com/