Retire Sooner with Wes Moss

Latest Episodes:

Reinventing Yourself In Retirement With Steve Tarr Feb 15, 2024

Show notes

On today’s episode, Wes sits down with Steve Tarr, a Fellow at the Drucker School of Management, to discuss how difficult the retirement transition can be for busy and successful people. Using the SOAR Program as a guide, they analyze the positive effects of discovering new pathways to meaning, community, and purpose and how they can lead to retirement happiness.

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What Retirees Need To Know About A New Bull Market And The Hidden Strength Dividends Feb 08, 2024

Show notes

Capital Investments Advisors Wealth Analyst Jeff Lloyd joins Wes to discuss the excitement around the market finally recouping its 2022 losses and forging into bull market territory. Then, they delve into the hidden market strength of dividends and what retirees need to know about the opportunities they can provide.

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Navigating the ABCs and D of Medicare with Mary Beth Franklin Feb 01, 2024

Show notes

On today’s episode of the Retire Sooner podcast, Wes welcomes back Mary Beth Franklin. This time, she takes on the herculean task of simplifying Medicare. They get into the differences between Medicare A, B, C, D, Advantage Plans, Gap Plans, and Supplemental Coverage. Mary Beth lays out which options might suit which people, depending on their lifestyles. She flags when it could be ideal to pay for the more expensive plan and when the cheaper selection could suffice. She gets into the weeds on age, tax requirements, and how to avoid penalties. She tells Wes what Medicare looks like for American citizens living abroad, sets the record straight on Medicare vs. Medicaid, and explains why paying FICA payroll taxes all those years doesn’t make your retirement coverage free. As always, Mary Beth keeps Wes on his toes. Listen and find out why.

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Will Nick Saban Be A Happy Retiree? Jan 25, 2024

Show notes

On today’s episode of Retire Sooner, Wes welcomes Happiest Retirees podcast host Ryan Doolittle to discuss college football legend Nick Saban’s recent retirement. They delve into his famous coaching process, looking for helpful financial and life-planning tips. Using Saban’s specific principles, they lay out the case for focusing on the process rather than the outcome to achieve a happy retirement. What are Coach Saban’s own chances for a happy retirement? Listen and find out.

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How Retirees Can Optimize Their Social Security Benefits with Mary Beth Franklin Jan 18, 2024

Show notes

Social Security can be an essential stream of income for retirees on a fixed income. Unfortunately, the seemingly endless rules and regulations can overwhelm even the most informed applicants. In today’s Retire Sooner episode, Social Security ace Mary Beth Franklin joins Wes to bring listeners the most up-to-date information and context about avoiding pitfalls and maximizing benefits.

In a dynamic conversation, Wes channels the questions of many Americans. He even puts Mary on the hot seat about whether or not Social Security funds will last for future generations. You may be surprised by her opinion.

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2024 Outlook: A Whole New World Jan 11, 2024

Show notes

In today’s episode of the Retire Sooner podcast, Wes is joined by Capital Investment Advisors Co-Chief Investment Officer Connor Miller. They discuss the possibility of 2024 ushering in “A Whole New World” for markets, investors, and retirees.

They reiterate that purchasing power is a perennial goal for the happy retiree. Inflation lay nearly dormant from 2009 to 2020 as if it were a prehistoric beast frozen deep inside an Arctic glacier. Unfortunately, the government’s post-pandemic monetary tidal wave reawakened it. Because of that, folks may need to adjust in 2024 to stay ahead of the curve.

Wes and Connor run through recent and long-term history and search for the clues that could determine what’s to come in the year ahead.

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Dave Ramsey Says You Can Withdraw 8% From Your Retirement Portfolio Jan 04, 2024

Show notes

Anyone in the Retire Sooner family knows how passionate Wes is about the 4 Percent Rule—William Bengen’s rule of thumb that originally discovered retirees who draw down 4 percent of their portfolio in the first year of retirement and then adjust this amount yearly for inflation would likely see their money outlive them, assuming a 50 to 75 percent allocation in stocks.

On today’s episode, Wes discusses Dave Ramsey’s recent controversial statements about doubling the number to 8 percent. You read that correctly—8 percent! Wes runs Ramsey’s claims against data from Robert Shiller, an economist at the Yale School of Management, and attempts to set the record straight on how much people can safely expect to spend during retirement.

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Happy Holidays From The Retire Sooner Team Dec 21, 2023

Show notes

Happy holidays to my favorite happy retirees and aspiring retirees! The Retire Sooner Team is taking a little time off to step away from the office and connect with friends and family. We'll be back with a new season in January with more fun episodes that I hope will help push you to retire that much sooner and happier.

If you have any ideas on topics you'd like for us to cover in the near year, please let us know! Visit the Contact page on RetireSoonerTeam.com. Those messages come straight to me and the Retire Sooner Team. We'd love to hear from you!

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A Gold Medal for Positivity with Scott Hamilton Dec 14, 2023

Show notes

Arguably the most recognized male figure skater in the world, Scott Hamilton has won seventy titles, awards, and honors, including an Emmy nomination, induction into the United States Olympic Hall of Fame, and the World Figure Skating Hall of Fame. He later became a fan-favorite analyst/commentator, performer, producer, and best-selling author. He even shared the big screen with Will Ferrell and Amy Poehler in the classic comedy Blades of Glory.

As fierce as the competition was in the skating rink, he’s experienced even more challenges off the ice. Scott lost his mother to cancer and survived four separate rounds of it in his own life. Now, he makes sure his actions are meaningful physically, emotionally, intellectually, and spiritually. Otherwise, he says, it’s as unbalanced as sitting in a three-legged chair.

Now married with four children, Scott is an activist, having launched the Scott Hamilton CARES Foundation (Cancer Alliance for Research, Education and Survivorship). He also founded several education and survivorship programs, events, and galas designed to fund research into cancer treatments that spare patients harm.

Scott believes in the adage that courage is fear that’s said its prayers. We tend to think bad things only happen to other people, but once we accept reality, we can take responsibility for our own longevity and get to work changing our lives for the better.

Scott believes the only true disability in life is a bad attitude. And now, the man famous for his backflips is fully committed to moving forward.

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How To Stay A Millionaire, And Other Lessons from The Millionaire Next Door Dec 07, 2023

Show notes

In today’s episode, Wes points out that the population of mini-millionaires is growing and that society’s perception of them isn’t always very accurate. Producer Mallory Boggs joins to discuss this latest variant of what authors Thomas Stanley and Bill Danko originally coined, The Millionaire Next Door. They elaborate on five habits that this cohort tends to follow. And Wes points out that although investing is often a critical step to becoming a millionaire, it’s perhaps even more essential in the pursuit of staying a millionaire.

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