Replay: The State of Retirement Planning with Michael Kitces

All of July we will be replaying some of our popular past episodes. In this episode, we engage with retirement planning expert Michael Kitces as we explore the evolving landscape of retirement planning. Discover the importance of flexibility in retirement spending and how to select the right retirement planner for your needs. We also discuss the implications of dying with too much money and the critical questions you should ask when interviewing potential advisors. Tune in for insights that will empower you to not just survive, but truly rock your retirement!

OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN

• (0:00) The key to finding a retirement planner is to find someone that puts YOU and not your money in the center of everything.
• (00:45) Today we have a replay of last year's interview with Michael Kitces.

INTERVIEW WITH MICHAEL KITCES

• (02:11) Roger introduces Michael Kitces and chats about flexibility.
• (13:30) Michael says as a professional, he does not want to have a client fail on his watch.
• (19:21) Roger says the quote that comes to mind when he thinks about retirement planning is: “You’re never going to be exonerated from uncertainty, pain, or the need to do work” Stutz
• (24:00) Most people understand that change is to be expected.
• (29:05) Michael talks about risk tolerance.
• (32:55) Michael reflects on the question “How do we help clients actually make better decisions?”
• (33:51) Tips on how to choose a retirement planner.

SMART SPRINT 

• (45:55) In the next seven days, evaluate the quality of your process for making decisions in retirement.

RESOURCES

• BOOK - Die with Zero by Bill Perkins
• BOOK - It’s Not Complicated by Rick Nason
• Kitces.com
• BOOK - Rock Retirement  by Roger Whitney
• Roger’s Retirement Learning Center

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