Keen on Retirement

When I think about the start of spring, I think about spending the Easter holiday with my family, the colors returning to our green spaces, a little more sunshine, and maybe a shower or two.

Hail the size of baseballs? Not a part of my vision!

But that's what a massive storm brought to Kansas City a few weeks ago. Like so many folks, I'm still fixing broken windshields ...

The 2026 news cycle is spinning at a dizzying pace. Technology is rapidly upending how we work and live. With midterm elections on the horizon, our leaders in Washington are sharpening their visions for the future and policy proposals. And geopolitical tensions across the globe are giving investors something new to react to -- and worry about -- on a daily basis.

On today's show, we unpack ...

Matt Wilson, Keen Wealth's Chief Investment Officer and President, recently hosted an excellent webinar on Tax Planning Through the Four Stages of Retirement. In addition to providing a thorough overview of the tax issues that seniors should be prepared for, Matt also wanted to remind folks that the best time to ask questions about retirement is before you retire. 

And I'm glad that several of our webinar attendees took Matt up on ...

According to the most recent available data, the IRS collected $5.1 trillion in taxes in 2024. Just ten years earlier, it collected $3.1 trillion.

We all grumble about paying the government this time of year. And gathering all our forms and statements while we're in the middle of a partial shutdown isn't going to make Tax Day 2026 any more pleasant. But those trillions are also signs of a healthy economy that continues to grow and ...

When was the last time you checked your penny jar?

If it's looking a little emptier than usual, that might be because we're in the middle of a penny shortage!

The U.S. Mint has ceased production of the penny because the cost of making one ($0.0369) is now almost four times what it's worth as legal tender.

While this is yet another step towards a mor...

During my recent trip to Australia, I learned that navigating a foreign country can feel normal but different all at the same time.

On the one hand, my family and I enjoyed the familiar experiences of being on vacation, such as unplugging from our daily routines, relaxing on a long flight, seeing the sights, and spending time with loved ones.

But once we arrived in Bris...

The freshness of the New Year can also help us gain a fresh perspective on what's really important and what we want to accomplish. 

From a comprehensive financial planning perspective, that might mean looking beyond your numbers and thinking about what your money is really for.

On today's show, my Keen on Retirement co-hosts and ...

Longtime Keen on Retirement listeners and friends of the firm are probably familiar with The Big Hat.

Matt Wilson, our Chief Investment Officer and President, is the proud owner of an oversized Dow 100,000 cap that he wears on our show from time to time. And when folks visit our offices, such as during our annual Holiday Breakfast, they often spot Matt's hat in his office and have a bit of a chuckle about its pie-in-the-sky predict...

"How am I doing?"

"Am I falling behind my peers?"

"Do I have enough money?"

"How does my nest egg measure up?"

My team at Keen Wealth spends a lot of time talking folks through these kinds of questions. And, as the years go by and folks enter their 50s, 60s and beyond, that conversation evolves and begins to coalesce around anot...

Does your financial team provide you with comprehensive tax planning, or just annual tax reporting?

When you file your 2025 taxes next April, you're essentially just reporting your financial data from the previous year. 

At Keen Wealth, tax planning is a proactive, year-round process we use to put your annual report in the best shape possible before the ink dries and windows close. 

And when it comes to your 2025 tax return, some i...

"This sounds too good to be true, but you've got to believe in those that are looking at it for you and trusting in the people with Pacific Life email addresses that are sending you the documents." 

So many stories of financial fraud and mismanagement boil down to statements just like this one. All too often, the folks who are losing large sums of money are hardworking folks working 9-to-5s who don't have a team of professionals lo...

"Risk" and "uncertainty" are similar concepts. But your financial plan has to be prepared to cope with both.

I think that mix is what's making some folks a little uneasy right now. In addition to the typical risks that all investors accept, we're also dealing with uncertainty around the government shutdown and what the effects on the economy will be until our leaders get back to the negotia...

Change is in the air every fall – not just in the leaves and weather, but in your financial planning. 

At this time of year, the federal government announces some important rate adjustments that affect tax planning and retirement benefits for the year ahead. 

And complicating matters this fall is a government shutdown that has many seniors worried about the benefits and services that they've earned, and that they rely on. 

On today...

In 1988, William Post won $16.2 million in the Pennsylvania lottery. 

A year later, he was $1 million in debt. 

First, he splurged: houses, cars, a plane. Then a former girlfriend sued him for a third of his winnings. His brother was arrested and convicted for hiring a hitman to kill Post and his then-wife in hopes that he'd inherit a share. And after sinking money into a failing family business, Post spent time in jail for firing ...

Charitable giving is a cornerstone of many comprehensive retirement plans. 

It's also a cornerstone of our mission at Keen Wealth Advisors.

Our whole team takes great pride in serving as active members of our community, whether we're making monetary grants or lending a hand to projects around the greater Kansas City area. And through the efforts of the Keen Wealth Foundation, we're able to identify causes where we can have a high i...

If you're only judging based on what's happening in the world and the financial markets, there's never a "perfect" time to retire. But 2025 is throwing a bunch of extra variables at seniors that are adding more complexity to an already complicated decision. Businesses are changing. The rules around investing are changing. And, most importantly, your life is changing. Your financial plan has to be flexible enoug...

Last week, I discussed how Keen Wealth's comprehensive planning process might assess a multi-million-dollar nest egg. I think these hypotheticals, including some back-of-the-napkin math, are useful in illustrating how retirement planning can work, and also the limits of focusing exclusively on your numbers. 

However, in the Keen Wealth offices, we don't work with hypotheticals. We work with real people, their real savings, their ho...

According to a report from the Federal Trade Commission, Americans lost $12.5 billion to scams in 2024, a 25% increase from 2023. 

That's why episodes like this one are among my least favorite to record and also among the most important. 

We've all heard about so many folks losing large sums of money because they answered the wrong phone call or clicked on the wrong email link. The greed, cruelty, and, yes, ingenuity of today's fra...