Stay Wealthy Retirement Podcast

Taylor Schulte, CFP®
  • 4.7 (680)
  • Investing
  • Updated Weekly

Retirement is too important to leave to guesswork, headlines, or conflicting advice. The Stay Wealthy Retirement Show is an award-winning retirement podcast designed to help you make smarter decisions with your money, reduce taxes, invest wisely, and create a retirement income plan you can trust. Want to avoid overpaying the IRS in retirement? Prepare for the next stock market downturn? Optimize retirement timing? Turn your investments into reliable income without second-guessing every decision? You're in the right place. I'm Taylor Schulte, a Certified Financial Planner™ and retirement tax planning expert. Each week, I simplify the biggest retirement planning questions so you can feel more informed, more confident, and better prepared to "stay wealthy" in retirement.

  1. 10h ago

    3 Retirement Spending Surprises From 5 Million Real Bank Accounts

    Last week, I made the case that many retirees can safely spend more than their plans suggest. Today, the largest bank in the country puts that idea to the test. But instead of relying on surveys, JP Morgan studied real bank transactions from over 5 million American households. The data reveals three spending patterns most retirement plans ignore. And together, they can decide whether a nest egg lasts a full 30-year retirement... or runs out years early. In this episode, you'll learn:  → What millions of real bank transactions reveal about retirement spending → The spending surge most people fail to plan for → Why so few retirees rarely spend the way traditional plans assume — and a simple way to protect against it A strong retirement plan isn't built on how retirees say they behave... it's built on how they actually do.  *** 📆 Book a Call With Our Team: Your retirement involves complex, interconnected decisions—taxes, income, healthcare, estate planning, investments.  See how they fit together in one coordinated strategy built around your numbers. 👉 Learn More and Book a Call Here *** Episode Resources: →  Grab the Episode Show Notes →  Get Your FREE Tax-Smart Retirement Toolkit →  Learn About the Total Retirement System™

  2. Jul 30

    NEW RESEARCH: Your Plan Is Overestimating Retirement Costs (by 20%)

    Most retirement plans assume your spending will rise with inflation every year for the rest of your life. But a new study tracking thousands of American retirees found almost the exact opposite: As many as 85% of households spent less, after adjusting for inflation, than they had 10 years earlier.  Even more surprising? That includes retirees who could comfortably afford to maintain their lifestyle! In this episode, I'm breaking down what this new research means for your retirement plan. You'll learn: → Why retirement spending declines even as healthcare costs keep climbing → What the "retirement spending smile" and "smirk" reveal about spending later in life → Why even wealthy retirees continue cutting back as they age → How modeling spending the way retirees actually behave can meaningfully change your safe withdrawal rate If your plan is overestimating the cost of retirement, it's likely underestimating the life you can afford... especially in the early years, when the money delivers the most joy. *** 📆 Book a Call With Our Team: Your retirement involves complex, interconnected decisions—taxes, income, healthcare, estate planning, investments.  See how they fit together in one coordinated strategy built around your numbers. 👉 Learn More and Book a Call Here *** Episode Resources: →  Grab the Episode Show Notes →  Get Your FREE Tax-Smart Retirement Toolkit →  Learn About the Total Retirement System™

  3. Jul 23

    5 Steps to Protect Your Aging Parents' Money (Before It's Too Late)

    📥 Grab Your Free Estate Planning Resources:  Helping an aging parent with their money is a responsibility few families are prepared for. Get three practical resources to help your family take action: A one-page cheat sheet of today's episode, a detailed estate-planning review checklist, and a simple guide to the key documents every family should review. → Download All 3 Resources Here *** 🎙️ Episode Description: Helping an aging parent with their money sounds simple: You step in, pay the bills, and make sure everything is handled. Unfortunately, love and trust don't give you legal authority. And without the right document in place, a bank may refuse to speak with you... even if your parent is sick, bills are going unpaid, or money is needed for their care. That's where a Durable Power of Attorney (DPOA) comes in. But simply having the document isn't enough. The fine print, the powers it grants, and the way you handle the responsibility can make all the difference. In this episode, I explain how a DPOA for finances works and steps you can take to prepare before it's too late. Here's what you'll learn: → The fine-print provision every family should double-check → 5 practical steps for managing an aging parent's finances responsibly → What can happen when the document isn't signed before a parent loses capacity → 4 common mistakes that can create legal, financial, and family problems By the end, you'll know how to prepare for managing your parents' money — and help ensure the person they trust can legally step in when the time comes. *** 📆 Book a Call With Our Team: Your retirement involves complex, interconnected decisions—taxes, income, healthcare, estate planning, investments.  See how they fit together in one coordinated strategy built around your numbers. Learn More and Book a Call Here *** Episode Resources: →  Grab the Episode Show Notes →  Get Your Free Tax-Smart Retirement Toolkit →  Learn About the Total Retirement System™

  4. Jul 16

    Can $5M in T-Bills Safely Fund Your Retirement? (History Says No)

    Kevin O'Leary says you only need one thing to retire safely:  $5 million in Treasury bills.  Not stocks. Not real estate. Just T-bills — and you've "safeguarded your family for life." It sounds like the ultimate safe retirement plan. But when a recent research article tested this advice against 40 years of market history, the results told a very different story. In this episode, I break down the research behind the "T-Bill and Chill" strategy and what it really means for your retirement plan. Here's what you'll learn: → The two hidden forces working against a portfolio built entirely on "safe" assets → What happened to a hypothetical retiree who followed this exact advice → Why Kevin O'Leary might still be right... just not for the reason he thinks By the end, you'll know exactly what job "safe" money should (and shouldn't) have in your retirement plan. *** 📆 BOOK A CALL WITH OUR TEAM: Your retirement involves complex, interconnected decisions—taxes, income, healthcare, estate planning, investments.  See how they fit together in one coordinated strategy built around your numbers. 👉 Learn More and Book a Call *** EPISODE RESOURCES: →  Grab the Episode Show Notes →  Get the Free Tax-Smart Retirement Toolkit →  Learn About the Total Retirement System™

  5. Jul 9

    Why Great Savers Struggle to Spend (5 Steps to Fix It)

    Research shows that retirees following traditional withdrawal rules rarely come close to depleting their portfolios. In fact, many end up leaving behind balances that are surprisingly large. Which raises an important question: why is it so hard to spend the money you spent decades saving? Today, I'm revisiting my conversation with Brian Portnoy, Ph.D., CFA to explore the psychology behind the fear of spending and what retirees can do to move through it. Longtime listeners will also recognize Brian as the source of a quote I've shared many times on the show, and in this episode, he finally shares the story behind it. In this episode, we discuss: → Why retirees with healthy, well-funded plans still struggle to spend → The flawed logic behind "If I just had $X, I'd finally feel comfortable" → 5 steps to overcome the fear of spending, whether retirement is five years away or already here → What "funded contentment" means, and why it may be the real difference between being rich and being wealthy Because the goal of retirement planning isn't to die with the biggest possible balance... it's to use your money to support a life that feels meaningful to you. *** 📆 BOOK A CALL WITH OUR TEAM: Your retirement involves complex, interconnected decisions—taxes, income, healthcare, estate planning, investments.  See how they fit together in one coordinated strategy built around your numbers. 👉 Learn More and Book a Call *** EPISODE RESOURCES: →  Grab the Episode Show Notes → Join the Stay Wealthy Retirement Newsletter →  Learn About the Total Retirement System™

  6. Jul 2

    6 (Counterintuitive) Facts About Retirement, Investing, and Longevity

    Today, we're stepping away from the spreadsheets, tax strategies, and retirement tactics to have a little fun. I'm sharing six facts that challenge conventional wisdom — including one involving a famous gangster and a reminder that taxes touch almost everything. A few highlights: → The surprising fate of investors who bought the exact top of the dot-com bubble → How much a crystal ball that picks winning funds is actually worth → What a 50-year backtest reveals about the real role of bonds in your portfolio → The one thing the longest-living retirees have that most retirement plans ignore By the end, I think you'll feel even more confident in the patient, disciplined, evidence-based approach we talk about so often on this show. And, if nothing else, you'll walk away with a few new stats and stories worth sharing the next time markets come up in conversation. *** 📆 BOOK A CALL WITH OUR TEAM: Your retirement involves complex, interconnected decisions—taxes, income, healthcare, estate planning, investments.  See how they fit together in one coordinated strategy built around your numbers. 👉 Learn More and Book a Call *** EPISODE RESOURCES: →  Grab the Episode Show Notes → Join the Stay Wealthy Retirement Newsletter →  Learn About the Total Retirement System™

  7. Jun 30

    Retirement Replay: The 5 Things Happy Retirees Have in Common

    A strong financial plan can tell you whether you can retire, but it may not tell you whether you'll feel ready.  In this Retirement Replay, behavioral finance expert and psychologist Dr. Daniel Crosby explains why retirement is not just a portfolio decision.  He shares the five areas happy retirees tend to prepare for, why purpose and connection matter more than many people realize, and why even people with plenty of money can still struggle to make the leap. About Retirement Replay: After select guest interviews, we pull together the most replayed moments from the full conversation—the ideas listeners found valuable enough to rewind, revisit, or hear again. It's a quick way to catch the highlights or return to the takeaways that stood out most. Listen to the full episode: https://www.youstaywealthy.com/289 *** 📆 BOOK A CALL WITH OUR TEAM: Your retirement involves complex, interconnected decisions—taxes, income, healthcare, estate planning, investments.  See how they fit together in one coordinated strategy built around your numbers. 👉 Learn More and Book a Call *** EPISODE RESOURCES: →  Grab the Episode Show Notes → Join the Stay Wealthy Retirement Newsletter →  Learn About the Total Retirement System™

    Retirement Replay: The 5 Things Happy Retirees Have in Common

  8. Jun 25

    Why $4M Still Doesn't Feel Like Enough to Retire (Listener Q&A)

    At 63, David has $4 million saved. Two advisors have told him he's ready to retire, and every Monte Carlo simulation agrees... but he still can't bring himself to do it. "I'm no longer being smart," he admits. "I'm just scared to pull the trigger." The uncomfortable part is that no number may fix this, because what's holding David back was never on the spreadsheet. In this episode, I'm joined by Daniel Crosby, Ph.D. — a psychologist and behavioral finance expert — to answer listener questions about the part of retirement the math can't solve.  You'll learn: → How to spend in retirement so the enjoyment doesn't wear off so fast → A 3-part framework for putting your money where it creates the most happiness → When changing your plan is wise, and when it's just reacting to noise → The 2 questions to ask when you're financially ready but still can't pull the trigger → What actually moves the 40% of your happiness that's within your control By the end, you'll have a clearer way to separate a plan that works on paper from a retirement you actually feel ready to live. *** 📆 BOOK A CALL WITH OUR TEAM: Your retirement involves complex, interconnected decisions—taxes, income, healthcare, estate planning, investments.  See how they fit together in one coordinated strategy built around your numbers. 👉 Learn More and Book a Call *** EPISODE RESOURCES: →  Grab the Episode Show Notes → Join the Stay Wealthy Retirement Newsletter →  Learn About the Total Retirement System™

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4.7
out of 5
680 Ratings

About

Retirement is too important to leave to guesswork, headlines, or conflicting advice. The Stay Wealthy Retirement Show is an award-winning retirement podcast designed to help you make smarter decisions with your money, reduce taxes, invest wisely, and create a retirement income plan you can trust. Want to avoid overpaying the IRS in retirement? Prepare for the next stock market downturn? Optimize retirement timing? Turn your investments into reliable income without second-guessing every decision? You're in the right place. I'm Taylor Schulte, a Certified Financial Planner™ and retirement tax planning expert. Each week, I simplify the biggest retirement planning questions so you can feel more informed, more confident, and better prepared to "stay wealthy" in retirement.

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