The Income For Life Show

The original Toy Story came out 30 years ago, which means some of you took your kids to see it in theaters. Now you can bring your grandkids to see the latest one. Before you do, we thought it would be fun to revisit some of the iconic moments from the franchise and see what they say about your retirement.

Matt and Sam break down memorable Toy Story quotes like "To Infinity and Beyond," "You've Got a Friend in Me," and "This Isn't Flying... It's Falling with Style" to uncover practical retirement planning lessons about long-term thinking, guaranteed income, purpose, and avoiding common financial pitfalls.

They also answer a listener question about retiring before age 59½, discuss the excitement of experiencing the World Cup in Kansas City, and wrap up the show with another Retirement Ride Along featuring some of their favorite hidden gems in New York City.

Here's some of what we discuss in this episode:

Get-to-know-you questions: Favorite animals, irrational fears, movie characters (4:39)

Quotes of the week from Benjamin Franklin and Katharine Hepburn (15:14)

Main topic: What Toy Story teaches us about retirement (16:39)

Mailbag: Can I retire before age 59½ without penalties? (28:01)

Retirement Ride Along: Historic restaurants, pubs, and unforgettable experiences in New York City (31:24)

Bonus discussion: Experiencing the excitement of the World Cup in Kansas City (1:01:14)

Want to contact us?

Call 888-228-8814 or visit us online at https://incomeforlife.org and check out Folds of Honor at https://foldsofhonor.org to support their mission.

Get your free copy of Preparing for Retirement:

Call (888) 228-8814 or email [email protected]

Links From Today's Show:

Tavern on the Green https://www.tavernonthegreen.com/

Delmonico's https://www.theoriginaldelmonicos.com/

Fraunces Tavern https://www.frauncestavern.com/

The Dead Rabbit https://www.thedeadrabbit.com/

McSorley's Old Ale House https://mcsorleysoldalehouse.nyc/

Blue Note New York https://www.bluenotejazz.com/newyork/

The Paris Bar https://www.parisbarnyc.com/

Trump Tower https://www.trumptowerny.com/dining/midtown-bar-and-lounge-nyc

Nurse Bettie https://www.nursebettie.com/

In the spirit of Valentine's Day, let's have a little fun comparing a lifelong relationship to your financial journey. From the first spark all the way to 'til death do us part.

Get to know Matt and Sam better in this week's getting-to-know-you segment before they tackle a question from a listener who is fearful that the market is due for a correction.

For this week's Retirement Ride Along segment, the duo talks about their time at the Waste Management Open in Phoenix.

Here's some of what we discuss in this episode:

Get-to-know-you questions: Close friends, cats or dogs, and more (8:30)

Quote of the week from Buzzie Bavasi and Earl ​Wilson (16:57)

Main topic: From First Date to Forever: Your Financial Journey (19:29)

Mailbag: Where should I put money right now if I'm scared of a market drop? (26:26)

Retirement Ride Along: PGA Golf Tournament in Phoenix (31:42)

Want to contact us?

Call 888-228-8814 or visit us online at https://incomeforlife.org and check out Folds of Honor at https://foldsofhonor.org to support their mission.

Get your free copy of Preparing for Retirement:

Call (888) 228-8814 or email [email protected]

Links From Today's Show:

Andaz Scottsdale Resort & Bungalows

https://www.hyatt.com/andaz/en-US/phxaz-andaz-scottsdale-resort-and-bungalows?src=corp_lclb_google_seo_phxaz&utm_source=google&utm_medium=organic&utm_campaign=lmr

Olive & Ivy

https://www.oliveandivyrestaurant.com/locations/scottsdale-az/?utm_source=Google&utm_medium=Organic&utm_campaign=Maps

Trick-or-treat! This week, we're having a little Halloween fun. Let's see what your Halloween costume might reveal about your financial personality.

As usual, we share a few laughs in our getting-to-know-you segment and highlight some great quotes of the week. We also tackle a fantastic listener question about managing multiple financial advisors and how to simplify your retirement planning.

For this week's Retirement Ride Along, we chat about our trip back to Matt's hometown- Copeland, Kansas!

Here's some of what we discuss in this episode:

Get-to-know-you questions: Driving skills, least favorite chores, and more (6:47)

Quotes of the week from Bill Murray and more (19:34)

Main topic: What Your Halloween Costume Says About Your Money Habits (20:31)

Mailbag: Am I better off having all of my money in one place? (28:31)

Retirement Ride Along: Small-town fun in Copeland, Kansas (41:33)

Want to contact us?

Call 888-228-8814 or visit us online at https://incomeforlife.org and check out Folds of Honor at https://foldsofhonor.org to support their mission.

Get your free copy of Preparing for Retirement:

Call (888) 228-8814 or email [email protected]

In this episode, Matt and Sam take a magical mystery tour through Beatles classics, uncovering practical tips for investing, planning, and preparing for retirement. From staying calm during market swings to recovering after financial setbacks, they show how iconic lyrics can inspire strategies to give your plan more clarity, confidence, and staying power.

They also do a fun "Back-to-School Retirement Planning Quiz" segment to test your knowledge on Social Security ages, IRA contributions, withdrawal rules, and common retirement risks. Last, in their Retirement Ride Along segment, they talk about a quick Napa Valley getaway, complete with a stay at the stunning Stanly Ranch and a tour of the art-filled Donum Estate. You'll also hear a special shoutout to a Kansas City small business that helped bring their 1920s-inspired speakeasy to life.

Here's some of what we discuss in this episode:

Get-to-know-you questions: Shopping sprees, making plans, superstitions and more (7:46)

Quotes of the week from Herbert Hoover and Bob Hope (21:54)

Main topic 1: Back to School Retirement Planning Quiz (23:17)

Main topic 2: Retirement Planning with the Beatles (30:39)

Mailbag: I want to start my own business. Should I take the money from IRAs or get a business loan? (39:50)

Retirement Ride Along: Exploring the beautiful Napa Valley (43:19)

Our wonderful experience with TheWireMan (56:36)

Want to contact us?

Call 888-228-8814 or visit us online at https://incomeforlife.org and check out Folds of Honor at https://foldsofhonor.org to support their mission.

Get your free copy of Preparing for Retirement:

Call (888) 228-8814 or email [email protected]

Links From Today's Show:

Stanly Ranch

https://stanlyranchnapa.com/

Donum Estate

https://www.thedonumestate.com/

Wireman KC

https://www.thewiremankc.com/

In this episode of The Income for Life Show, Matt and Sam broadcast from their new home base in Kansas City, Missouri.

They discuss the recent office move from Topeka, Kansas, sharing the challenges and humorous moments along the way. They dive into the relevance of the Big Beautiful Bill to retirement plans, including key tax bracket changes and myths. The show also features a listener question discussing the advantages of moving to a no-income-tax state like Florida.

Lastly, Matt and Sam recount their recent trip to New York City, highlighting their experiences at the New York Stock Exchange, Harry's on Wall Street, and other notable spots. Listen in for useful financial insights, personal anecdotes, and travel tips.

Here's some of what we discuss in this episode:

Welcome to the New Income for Life Show & New Location (0:00) Get-to-know-you questions: Parties, being a fly on the wall, and more (7:09) Main topic 1: Key Takeaways from the "Big Beautiful Bill" (20:00) Main topic 2: "Big Beautiful Bill" Myths Exposed (27:47) Mailbag: "Is moving to a tax-free state still beneficial?" (34:14) Retirement Ride Along: Exploring New York City (37:47)

Want to contact us?

Call 888-228-8814 or visit us online at https://incomeforlife.org and check out Folds of Honor at https://foldsofhonor.org to support their mission.

Get your free copy of Preparing for Retirement:

Call (888) 228-8814 or email [email protected]

Links From Today's Show:

Harry's - https://www.harrysbarrestaurant.com/

Stardust Diner - https://www.ellensstardustdiner.com/

Sylvia's Queen of Soul Food in Harlem - https://sylviasrestaurant.com/

Tiffany's - https://www.tiffany.com/stories/the-landmark-fifth-avenue/

The Monkey Bar - https://www.nycmonkeybar.com/

Russian Tea Room - https://russiantearoomnyc.com/

Bathtub Gin - https://www.bathtubginnyc.com/

The River Cafe - https://rivercafe.com/

A little hope is good for the soul, but when it comes to retirement planning, wishful thinking can lead to serious financial mistakes. Today, we're walking through five common examples of wishful thinking that can quietly damage your retirement and how you can build a plan that protects your future instead of relying on luck.

In addition to our main topic, usual get-to-know-you questions and quotes of the week, we'll also share some key things for parents and grandparents to teach a new graduate. Tune in as we cover some practical ways you can help your graduate make smart financial decisions early, along with actions that could have a lasting impact on their future.

This week, Colin from Beaumont, Texas asks whether there are any downsides to using a large life insurance policy to help his kids with potential future estate and inheritance taxes. For our Retirement Ride Along Segment, we're talking about our time in Charlotte, North Carolina.

Here's some of what we discuss in this episode:

Get-to-know-you questions: Airports, singing in the shower and more (5:51)

Quotes of the week from Spike Milligan and Thomas Edison (15:24)

Main topic 1: 5 Ways Wishful Thinking Can Damage Your Retirement (19:53)

Main topic 2: Key Things For Parents & Grandparents To Teach A New Graduate (29:57)

Mailbag: "What are the downsides of using life insurance to leave tax-free money?" (39:43)

Retirement Ride Along: Attending the PGA Championship at Quail Hollow (45:20)

Want to contact us?

Call 888-228-8814 or visit us online at https://incomeforlife.org and check out Folds of Honor at https://foldsofhonor.org to support their mission.

Get your free copy of Preparing for Retirement:

Call (888) 228-8814 or email [email protected]

Links From Today's Show:

Steak 48

https://www.steak48.com/steakhouses/charlotte/

OMB

https://www.ombbeer.com/

The Masters is a beautiful reminder of just how much strategy, patience, and long-term focus goes into a great round of golf. Turns out, retirement works a lot like the game. Today, we're teeing up a few key lessons from the course and how they translate into smarter planning for your financial future.

As always, we've got some great "get to know you" questions lined up for this week's show, plus a few witty quotes of the week from Winston Churchill and Malcolm Forbes. We're also bringing you a fun second topic today- the retirement assassins- those sneaky, silent killers of your financial future.

Podcast listener Rebecca sent in a question this week about the popular 4% rule, and we'll be sharing our insights with her. Then, we'll dive into this week's Retirement Ride Along segment, where we recount our time exploring Lee's Summit, Missouri!

Here's some of what we discuss in this episode:

Get-to-know-you questions: What we'd be famous for, time travel, and more! (6:44)

Quotes of the week from Winston Churchill and Malcolm Forbes (20:03)

Main topic 1: Retirement Lessons From The Masters (22:16)

Main topic 2: Retirement Assassins (31:32)

Mailbag: "Does the 4% rule still work?" (40:02)

Retirement Ride Along: A trip to Lee's Summit (43:51)

Want to contact us?

Call 888-228-8814 or visit us online at https://incomeforlife.org and check out Folds of Honor at https://foldsofhonor.org to support their mission.

Get your free copy of Preparing for Retirement:

Call (888) 228-8814 or email [email protected]

Links From Today's Show:

The W:

https://www.strotherdist.com/the-w-1

Libations & Company:

https://givedrink.com/

The 1909 Club:

https://givedrink.com/live-music/

The five love languages were made popular by author Gary Chapman. If you're not familiar with them, they include acts of service, quality time, words of affirmation, gifts, and physical touch. Let's think about how you may encounter the love languages when it comes to financial planning.

This week's getting-to-know-you segment is full of laughs as we dive into childhood beliefs, magic wishes, and what our personal warning labels would say. Plus, we've got some great quotes of the week to share!

For this week's listener question, Sam from Rhode Island asks whether managing investments without a broker or advisor is a bad move as they get older. And in this week's Retirement Ride Along, we're talking about a special event we experienced that's fun for all ages.

Here's some of what we discuss in this episode:

Get-to-know-you questions: warning labels, genie wishes, childhood beliefs (4:13)

Quote of the week from David Feherty (17:37)

Main topic: The Five Love Languages of Financial Planning (20:06)

Mailbag: Is it a bad idea for me to keep managing investments alone? (30:40)

Retirement Ride Along: Our experience at Planet Comicon KC (34:15)

Want to contact us?

Call 888-228-8814 or visit us online at https://incomeforlife.org and check out Folds of Honor at https://foldsofhonor.org to support their mission.

Get your free copy of Preparing for Retirement:

Call (888) 228-8814 or email [email protected]

Links From Today's Show:

Planet Comicon

https://planetcomicon.com/

The day President Trump took office, he announced plans to implement a 25 percent tariff on goods from Mexico and Canada. Additional tariff conversations have exploded since that day. How might this impact your personal finances and the economy? Today, we'll explain a bit of the backstory of tariffs and discuss these new tariffs.

Like always, we have some great quotes of the week to share and fun getting-to-know Matt and Sam questions to get the episode started. Later in the episode, we hear from one of our listeners, Peter, who's at his wit's end with his soon-to-be former broker. He's shocked by the high fees on his variable annuity and is curious if those costs are normal.

For this week's Retirement Ride Along, we're talking about some new finds in Kansas City!

Here's some of what we discuss in this episode:

Get-to-know-you questions: New careers, life on other planets, and more (6:13)

Quote of the week from Jack Yelton (17:57)

Main topic: What do proposed tariffs mean for your portfolio? (21:55)

Mailbag: Are these high variable annuity fees normal?! (36:00)

Retirement Ride Along: New treasures in Kansas City (41:10)

Want to contact us?

Call 888-228-8814 or visit us online at https://incomeforlife.org and check out Folds of Honor at https://foldsofhonor.org to support their mission.

Get your free copy of Preparing for Retirement:

Call (888) 228-8814 or email [email protected]

Links From Today's Show:

Cheval

https://www.chevalonmain.com/

The Ship

https://www.theshipkc.com/

Financial mistakes can happen at any age, but they can have a particularly significant impact in your 60s. In this episode, we'll explore 5 common financial mistakes to avoid during this crucial decade, along with 4 budget-friendly retirement activities to inspire your golden years.

As usual, we have some fun getting-to-know Matt and Sam questions lined up, as well as quotes of the week from Walt Mossberg and Jack Canfield.

For this week's listener question, Dale asks whether he should make his 401(k) investments more conservative despite their recent strong performance. For our Retirement Ride Along segment, we'll talk about some new discoveries in downtown Kansas City.

Here's some of what we discuss in this episode:

Get-to-know-you questions: Causes we're passionate about, things we save on, and more (4:36)

Quotes of the week from Walt Mossberg and Jack Canfield (19:12)

Main topic 1:5 Financial mistakes to avoid in your 60s (21:35)

Main topic 2: 4 budget-friendly retirement activities (33:03)

Mailbag: Should I make my 401(k) investments more conservative? (41:03)

Retirement Ride Along: A date night in Kansas City (44:26)

Want to contact us?

Call 888-228-8814 or visit us online at https://incomeforlife.org and check out Folds of Honor at https://foldsofhonor.org to support their mission.

Get your free copy of Preparing for Retirement:

Call (888) 228-8814 or email [email protected]

Links From Today's Show:

Vye Cocktail Lounge:

https://vyeonmain.com/

Tailleur:

https://tailleuronmain.com/