In this episode of Money on Tap Seth Krussman, Ben Brayshaw, and Dan Michelon dive into the world of personality types. They talk about the different personality types related to finance and our personal relationships with money. These personality types include, the saver, the spender, the moneymaker, those that are indifferent, the saver-splurger hybrid, the gambler, the worrier, and the hoarder. They discuss the traits of each personality type and why it’s important for you to know and understand your personality type, so that you can strive to achieve a balanced relationship with money.

Today’s Money in the News covers Disney falling short in its number of streaming subscribers, corporate tax hikes, and the uncovering of a hidden treasure of half a million dollars in an attic in Massachusetts.

• Why do Americans fear running out of money more than death? A recent Allianz survey found that 61% of Americans fear running out of money in retirement more than they fear death itself. The shift reflects structural changes: pensions have largely disappeared, 401(k)s placed the risk of retirement success on individuals, life expectancy has stretched, inflation has accelerated, healthcare costs are rising, and Social Security is on track for a benefit cut. The fear is rational — and the planning response is to build a multi-source income plan rather than to hope a portfolio alone is enough.