Retirement Answer Man Roger Whitney, CFP®, CIMA®, RMA, CPWA®

What is your risk tolerance? What does risk tolerance even mean? Why does it matter? 
We’ll explore these questions as I answer one of our listener’s questions on getting back into the stock market with a low risk tolerance. 
Listen in to learn why he may not need to follow the traditional way of doing things.
OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN PRACTICAL PLANNING SEGMENT [2:00] How much risk to take in retirement IN THE NEWS [19:10] The AT&T data breach [23:03] What I’m going to do about it [26:00] How are password managers safer options for keeping passwords? LISTENER QUESTIONS [30:53] How does moving a 529 to a Roth IRA work? [33:32] How to know if Johnny should be looking for another financial planner TODAY’S SMART SPRINT SEGMENT [37:35] Rethink your password protection Resources Mentioned In This Episode 1Password
Rock Retirement Club
Roger’s YouTube Channel - Roger That
BOOK - Rock Retirement  by Roger Whitney
Roger’s Retirement Learning Center
 

 
Have you thought about getting a mortgage for your home in retirement? If so, have you strategized how you would pay it off?
In this episode, we explore Scott’s question about pursuing a mortgage and paying it off early. Listen in to learn some different strategies you could use if you plan to get a mortgage on your home in retirement. 
OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN PRACTICAL PLANNING SEGMENT [2:08] Should Scott get a mortgage to build his retirement home? LISTENER QUESTIONS [12:13] HSA fees can be more expensive than the interest [15:14] What should John think about when deciding on whether to get a mortgage? [19:12] On using reverse dollar cost averaging [22:07] Can we use Roth conversions to do RMDs? [25:29] Understanding investment advisory fees [29:28] Tom’s perspective on his retirement ROCK LIFE [33:41] On cultivating a growth mindset TODAY’S SMART SPRINT SEGMENT [35:00] Take your thought and do it in the moment Resources Mentioned In This Episode Rock Retirement Club
Roger’s YouTube Channel - Roger That
BOOK - Rock Retirement  by Roger Whitney
Roger’s Retirement Learning Center

Let’s get back to basics—addition and subtraction two ways to get to the same answer. However, we have a tendency to stick with addition. Today we’ll learn how subtraction can help you come out ahead.
Why am I talking about elementary math on a retirement podcast? Listen in to find out. 
OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN PRACTICAL PLANNING SEGMENT [2:12] Is scarcity really a negative thing? [6:04] Stop trying to aim for precision [11:17] Stop making retirement planning your new job [14:03] Stop optimizing for returns [17:42] Stop thinking you have to retire to something rather than from something [21:25] Stop thinking you can wait [24:16] Stop thinking you need to resign yourself to what is LISTENER QUESTIONS [27:10] Turn off dividend reinvestment in your decumulation phase [30:00] A rucking comment [31:03] On Social Security survivor benefits [33:26] On inherited IRAs ROCK LIFE WITH DR. BOBBY DUBOIS [35:15] Movement studies [45:05] Why does movement matter? [48:51] Why the Hadza’s sedentary lifestyle is different from ours [50:55] Why vitamin D is or isn’t helpful TODAY’S SMART SPRINT SEGMENT [1:00:34] Find an opportunity to move Resources Mentioned In This Episode YouTube video - What You Should Know if You Inherited an IRA
Episode 532 - How To Manage Your Scarcity Brain With Michael Easter
Episode 530 - What Is True Retirement Planning? With Christine Benz
Rock Retirement Club
Roger’s YouTube Channel - Roger That
BOOK - Rock Retirement  by Roger Whitney
Roger’s Retirement Learning Center

Have you ever considered moving to a retirement community? With the freedom that retirement brings, many people begin to rethink their living arrangements. 
On this episode, you’ll hear how Brad and his wife decided to move to a retirement community. Listen in to hear how they approached their decision, the research they put in on where to retire, and how they enjoy their new locale. 
OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN A MINI CASE STUDY [2:40] How Brad discovered The Villages [10:55] What led them to explore 55+ communities [13:10] How The Villages are organized [20:35] How to explore places to move in retirement LISTENER QUESTIONS [23:50] Should we consider getting I-bonds in 2024 [29:50] Clarifying new catch-up rules in 2026 [32:27] Charlie’s comment on systems thinking [36:18] Where to put taxes in your planning software [38:41] A suggestion for the podcast TODAY’S SMART SPRINT SEGMENT [40:06] Think about where you are going to live in retirement Resources Mentioned In This Episode YouTube video - What You Should Know if You Inherited an IRA After January 1st, 2020
I Bonds
Rock Retirement Club
Roger’s YouTube Channel - Roger That
BOOK - Rock Retirement  by Roger Whitney
Roger’s Retirement Learning Center

Does a withdrawal strategy in retirement have to be complicated or can you simply do a reverse of dollar cost averaging?
In this episode, we’ll take a look at how reverse dollar-cost averaging would work by using an example and discover who it works for. Click play to learn if this withdrawal strategy would work for you.
OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN PRACTICAL PLANNING SEGMENT WITH A LISTENER QUESTION [1:44] Is it okay to do a reverse dollar-cost average for withdrawals in retirement? IN THE NEWS [14:30] The rules have changed for Inherited IRAs LISTENER QUESTIONS [18:55] What should Vicky do with the proceeds from the sale of her home? [24:09] What to do with a 10-year inherited IRA [27:55] What is the best way to fund bucket #1 to prep for retirement? [35:10] A topic suggestion TODAY’S SMART SPRINT SEGMENT [36:11] Evaluate the resilience of your plan Resources Mentioned In This Episode Rock Retirement Club
Roger’s YouTube Channel - Roger That
BOOK - Rock Retirement  by Roger Whitney
Roger’s Retirement Learning Center
 

We would all love to have that magic number–the exact amount we need to retire. However, since there are so many unknowns it is impossible to attain an exact number. This is why the big question of retirement is a complex one. 
In this episode, I’ll walk a listener through the process of how she can learn how much she really needs to retire. Make sure to stick around to hear about the books I read in March.
OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN LISTENER QUESTIONS [1:46] How much do I really need to retire? [20:30] A comment on the FIRE movement [22:09] How to change advisors [27:28] How to get into the decumulation state of mind [32:37] Feedback on the Michael Kitces interview BOOKS I READ IN MARCH [34:00] Books I read this past month TODAY’S SMART SPRINT SEGMENT [36:22] Revisit your feasible plan of record to see how resilient it is Resources Mentioned In This Episode BOOK - Gulag Archipelago by Aleksandr Solzhenitsyn
BOOK - Tai Pan James Clavell
BOOK - Soul of an Octopus by Sy Montgomery
The State Of Retirement Planning With Michael Kitces
What is the FIRE Movement?
NewRetirement.com
Rock Retirement Club
Roger’s YouTube Channel - Roger That
BOOK - Rock Retirement  by Roger Whitney
Roger’s Retirement Learning Center