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Friends Talk Money

Business & Economics Podcasts

Whatever life after 60 looks like to you, thinking about money in retirement shouldn’t keep you up at night. We’re all dealing with the big questions about money and aging:- How much you can really spend, how to invest your life savings without risking it all in the stock market, should you sell your home and downsize? Then there’s the biggest unknown: how much health care you’ll need, and whether your savings and insurance is enough to cover the costs. This is personal. These topics may not be easy to talk about with your own family. That’s why nationally known personal finance experts Terry Savage, Richard Eisenberg, and Pam Krueger and are here to open up the dialogue so you can learn how to define your retirement and deal with your money on your own terms. These three friends think, write, and speak about these issues And now they’re joining forces to give you the benefit of their experience, wisdom and advice in their new podcast, Friends Talking Money. Each week Richard, Pam and Terry will discuss a different piece of the retirement pie. Everything from Social Security and Medicare to investing and cash flow management is on the table, with practical, common-sense advice on how to deal with these and other challenges. But don’t expect cut-and-dried answers. These friends have strong opinions, and aren’t afraid to debate the pros and cons of their friends’ recommendations. But what you will walk away after episode is a greater awareness of the retirement planning issues you’ll need to address with the help of your family, friends and financial advisor.

Whatever life after 60 looks like to you, thinking about money in retirement shouldn’t keep you up at night. We’re all dealing with the big questions about money and aging:- How much you can really spend, how to invest your life savings without risking it all in the stock market, should you sell your home and downsize? Then there’s the biggest unknown: how much health care you’ll need, and whether your savings and insurance is enough to cover the costs. This is personal. These topics may not be easy to talk about with your own family. That’s why nationally known personal finance experts Terry Savage, Richard Eisenberg, and Pam Krueger and are here to open up the dialogue so you can learn how to define your retirement and deal with your money on your own terms. These three friends think, write, and speak about these issues And now they’re joining forces to give you the benefit of their experience, wisdom and advice in their new podcast, Friends Talking Money. Each week Richard, Pam and Terry will discuss a different piece of the retirement pie. Everything from Social Security and Medicare to investing and cash flow management is on the table, with practical, common-sense advice on how to deal with these and other challenges. But don’t expect cut-and-dried answers. These friends have strong opinions, and aren’t afraid to debate the pros and cons of their friends’ recommendations. But what you will walk away after episode is a greater awareness of the retirement planning issues you’ll need to address with the help of your family, friends and financial advisor.

Location:

United States

Description:

Whatever life after 60 looks like to you, thinking about money in retirement shouldn’t keep you up at night. We’re all dealing with the big questions about money and aging:- How much you can really spend, how to invest your life savings without risking it all in the stock market, should you sell your home and downsize? Then there’s the biggest unknown: how much health care you’ll need, and whether your savings and insurance is enough to cover the costs. This is personal. These topics may not be easy to talk about with your own family. That’s why nationally known personal finance experts Terry Savage, Richard Eisenberg, and Pam Krueger and are here to open up the dialogue so you can learn how to define your retirement and deal with your money on your own terms. These three friends think, write, and speak about these issues And now they’re joining forces to give you the benefit of their experience, wisdom and advice in their new podcast, Friends Talking Money. Each week Richard, Pam and Terry will discuss a different piece of the retirement pie. Everything from Social Security and Medicare to investing and cash flow management is on the table, with practical, common-sense advice on how to deal with these and other challenges. But don’t expect cut-and-dried answers. These friends have strong opinions, and aren’t afraid to debate the pros and cons of their friends’ recommendations. But what you will walk away after episode is a greater awareness of the retirement planning issues you’ll need to address with the help of your family, friends and financial advisor.

Language:

English


Episodes

The Most Expensive Mistakes You Can Avoid in Retirement

12/19/2019
Some blunders or missteps are more expensive than others. Guest expert, Travis Iles, Texas Securities Commissioner, Travis Iles joins in to offer eye-opening advice. Terry, Richard and Pam bring their own experiences to the discussion and explain how to save yourself from making these truly fatel money mistakes.

Duration:00:29:37

Generating Income After You Stop Working

12/12/2019
The day of retirement is the day of reckoning. Now you need a reliable stream of income, as well as a more conservative investment plan. How can you make sure you don’t run out of money before you run out of life? We talk about the smart way to generate income, without elevating risk, during retirement.

Duration:00:18:57

Older Americans and Debt

12/6/2019
Journalist and author Chris Farrell and Ohio State University professor Stephanie Moulton discuss the rising amount of debt held be America's retired population and concerns about how debt can hinder retirement. They also review findings from a study Moulton and colleagues did to see which types of debt are the most stressful for retirees and why.

Duration:00:24:12

Why Do People Hate Annuities?

11/27/2019
Annuities are touted as the be-all-end-all answer for retirees looking to generate guaranteed income for the rest of their lives. But annuities are making headlines for all the wrong reasons now because many are downright dangerous to your wealth. Fiduciary advisor, Eric Lai sets the record straight. He explains how aggressive sales people peddle annuities, and how consumers of all ages are getting burned.

Duration:00:20:00

Are Reverse Mortgages a Smart Option?

11/21/2019
If you want to spend the rest of your life in your family home or condo, a Reverse Mortgage could give you a tax-free stream of income out of the equity you built up in your home over the years. And no matter how long you live there, you’ll never run out of money. When you move out, or die, you (or your heirs) can never owe more than the home is worth. But there are critical details you must understand before you enter into this deal.

Duration:00:22:54

Who’s Watching Your Aging Parents Money?

11/15/2019
Elder fraud is an epidemic -- Hazel Heckers, victim advocate for the Colorado Bureau of Investigation, discusses the latest types of elder fraud, why people fall for the scams and how older adults can avoid becoming victims. She also tells people in their 50s and 60s what they can do to help protect their parents from elder fraud.

Duration:00:24:01

Don’t Tell Me How to Retire!

11/7/2019
Meet one feisty 75-year old woman who is redefining retirement. Her empowering message may change people’s lives and how they think about retirement. Retirement research expert, Warren Cormier explains the different phases of retirement. Working past 70 is now the ‘new normal’.

Duration:00:24:46

Do I Need Long Term Care Insurance?

10/31/2019
Someone turning age 65 today has almost a 70% chance of needing some type of long-term care services. None of us wants to think about not being able to dress or shower on our own. Even worse, the cost of getting help with those basic services could devastate not only your retirement plans, but impact your entire family. Terry, Richard and Pam cut through the noise to help you understand the pro’s and con’s.

Duration:00:27:03

Women, Money and Retirement

10/25/2019
Cindy Hounsell, the founder and president of WISER (The Women's Institute for a Secure Retirement) discusses the challenges women face having a secure, comfortable retirement. She also offers advice to help women maximize their income in retirement, including getting the most they deserve from Social Security.

Duration:00:20:34

Who’s giving you financial advice?

10/15/2019
A retired couple from Chicago sign up for an investment class at a local college and learn a whole different lesson about financial advisors. Lynne Egan, a securities regulator and Phyllis Borzi, the architect of the ‘Fiduciary Rule’ talk openly about financial advisors and how to become educated to protect yourself from sleazy practices.

Duration:00:19:35