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How to Retire: Stay Flexible with Your Retirement Spending

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Content provided by Morningstar. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Morningstar or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Christine Benz, Morningstar’s director of personal finance and retirement planning, interviews financial experts about different aspects of retirement in ‘How to Retire,’ the companion podcast to her book of the same name. In this episode, Christine sits down with senior nerd at Kitces.com and assistant professor of finance Derek Tharp. They talk through how adjusting your spending throughout your retirement can enable you to spend more in the long run.
How Actual Retiree Spending Deviates from Conventional Retirement Research

Why Early Retirees Can Spend More Than the 4% Guideline

How to Adjust Your Retirement Spending Over Time

How to Get Comfortable With Variability in Retirement

How to Transition from Saving to Spending

How to Account for Long-Term Care in Your Retirement Spending Plan

Key Takeaways

Hi, I'm Christine Benz from Morningstar and welcome to the How to Retire podcast. It's a companion to my book, which is also called How to Retire. Each episode will provide a bite-sized lesson about how to do some aspect of retirement well. Today's episode will focus on how to make sure that the amount that you're spending from your portfolio is reasonable. To tackle this topic, I sat down with Derek Tharp, who is a Senior Research Nerd at Kitces.com and an Assistant Professor of Finance at the University of Southern Maine. I've loved Derek's work on how adjusting your spending in retirement can actually enable you to spend more over your lifetime. I feel like it's so practical and helpful, especially for people with tight financial plans heading into retirement.
More from Derek Tharp

Bio

Kitces.com

Peer Reviewed Research

Derek Tharp on The Long View: An Alternative Approach to Calculating In-Retirement Withdrawals

Read more from Christine Benz.

How to Retire: Tips for Entering Retirement

Should Your Retirement Withdrawals Mirror RMDs?

3 Tricky Decisions for Every Retirement Plan

7 Steps to Estimating Your In-Retirement Cash Flow Needs

How to Pay Yourself in Retirement

How Likely Are You to Need Long-Term Care?

Read about topics from this episode.

The Psychology of Retirement Income: From Saving to Spending

The 4% Retirement Rule Is Just a Starting Point

Watch more from How to Retire.

How to Retire: Understand the Role of Working Longer

Read what our team is writing:

Christine Benz

Follow Christine Benz on social media.

X: https://x.com/christine_benz

LinkedIn: https://www.linkedin.com/in/christine-benz-b83b523

  continue reading

391 episoade

Artwork
iconDistribuie
 
Manage episode 441733819 series 2753
Content provided by Morningstar. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Morningstar or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Christine Benz, Morningstar’s director of personal finance and retirement planning, interviews financial experts about different aspects of retirement in ‘How to Retire,’ the companion podcast to her book of the same name. In this episode, Christine sits down with senior nerd at Kitces.com and assistant professor of finance Derek Tharp. They talk through how adjusting your spending throughout your retirement can enable you to spend more in the long run.
How Actual Retiree Spending Deviates from Conventional Retirement Research

Why Early Retirees Can Spend More Than the 4% Guideline

How to Adjust Your Retirement Spending Over Time

How to Get Comfortable With Variability in Retirement

How to Transition from Saving to Spending

How to Account for Long-Term Care in Your Retirement Spending Plan

Key Takeaways

Hi, I'm Christine Benz from Morningstar and welcome to the How to Retire podcast. It's a companion to my book, which is also called How to Retire. Each episode will provide a bite-sized lesson about how to do some aspect of retirement well. Today's episode will focus on how to make sure that the amount that you're spending from your portfolio is reasonable. To tackle this topic, I sat down with Derek Tharp, who is a Senior Research Nerd at Kitces.com and an Assistant Professor of Finance at the University of Southern Maine. I've loved Derek's work on how adjusting your spending in retirement can actually enable you to spend more over your lifetime. I feel like it's so practical and helpful, especially for people with tight financial plans heading into retirement.
More from Derek Tharp

Bio

Kitces.com

Peer Reviewed Research

Derek Tharp on The Long View: An Alternative Approach to Calculating In-Retirement Withdrawals

Read more from Christine Benz.

How to Retire: Tips for Entering Retirement

Should Your Retirement Withdrawals Mirror RMDs?

3 Tricky Decisions for Every Retirement Plan

7 Steps to Estimating Your In-Retirement Cash Flow Needs

How to Pay Yourself in Retirement

How Likely Are You to Need Long-Term Care?

Read about topics from this episode.

The Psychology of Retirement Income: From Saving to Spending

The 4% Retirement Rule Is Just a Starting Point

Watch more from How to Retire.

How to Retire: Understand the Role of Working Longer

Read what our team is writing:

Christine Benz

Follow Christine Benz on social media.

X: https://x.com/christine_benz

LinkedIn: https://www.linkedin.com/in/christine-benz-b83b523

  continue reading

391 episoade

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