How Much Does It Take to Be Happy in Retirement?
Summary
In this episode, Robert Brokamp interviews Wes Moss, a financial advisor and author, to explore the financial and non-financial ingredients of a happy retirement. They discuss Moss’s latest research, which identifies that a liquid portfolio of $1 million marks the threshold for significantly higher retirement happiness. The conversation also highlights the persistent fear of running out of money, even among wealthy retirees, and the psychological benefits of having a mortgage payoff within sight. Moss shares insights from his new book, "The Retire Sooner Method," on how to structure portfol…
Topics discussed
Introduction and guest background
Wes Moss's research process and book origins
Methodology for the retiree happiness survey
Data visualization and identifying key insights
Sponsor: Range Rover Sport
Sponsor: Fundrise venture capital
Updating the money green zone after 15 years
Defining the new retirement happiness baseline
Sponsor: Range Rover Sport
Sponsor: Schwab Market Update
Managing the fear of running out of money
Impact of mortgage payoff on retirement happiness
Conclusion and show credits
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