Running Out of Money: A Real Risk for Retiring Early

In this episode of the Retire Early Podcast, financial advisors and retirement planners Sam Benson and Linwood Fraher of Martin Wealth Solutions tackle some of the most frequently asked retirement questions from clients and listeners. From how much you can safely withdraw from your accounts, to planning for inflation and Social Security’s uncertain future, Sam and Linwood provide actionable insights and clear explanations. They also share the importance of building a written financial plan—and how it can take the stress out of retirement planning. This wide-ranging Q&A is packed with real stories, practical advice, and even a laugh or two.

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00:00 Welcome and Episode Intro 00:42 The Value of Listener Questions 02:00 Client Story: From Fear to Confidence 05:48 Do You Have a Written Financial Plan? 07:45 Building a Retirement "Instruction Manual" 10:02 FAQ #1: How Much Can I Withdraw from My Accounts? 13:14 Understanding the 4% Rule 15:20 Why Tax Planning Matters 17:39 FAQ #2: How Do I Plan for Inflation? 21:42 How Inflation Impacts Retirees 25:00 FAQ #3: What’s Going to Happen with Social Security? 29:40 Potential Changes Congress May Make 33:18 Planning Around Social Security Uncertainty 35:11 Quick Tip: The Health Benefits of Friendship 37:02 Non-Financial Assets That Support Retirement 40:00 Final Thoughts and Wrap-Up

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