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Navigating Your Retirement
Travis Chance
246 episodes
14 hours ago
Many successful savers find the transition to spending their nest egg the most difficult financial hurdle in retirement, often fearing they'll run out of money even when the math says otherwise. This episode explores the behavioral science behind the "frugality trap," examining why the pain of withdrawal can outweigh the pleasure of spending your hard-earned wealth. Discover actionable strategies to shift your mindset from a lifelong accumulator to a confident spender, ensuring you enjoy the retirement you worked so hard to build.
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Business
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Many successful savers find the transition to spending their nest egg the most difficult financial hurdle in retirement, often fearing they'll run out of money even when the math says otherwise. This episode explores the behavioral science behind the "frugality trap," examining why the pain of withdrawal can outweigh the pleasure of spending your hard-earned wealth. Discover actionable strategies to shift your mindset from a lifelong accumulator to a confident spender, ensuring you enjoy the retirement you worked so hard to build.
Show more...
Business
Episodes (20/246)
Navigating Your Retirement
The Psychology of Spending in Retirement
Many successful savers find the transition to spending their nest egg the most difficult financial hurdle in retirement, often fearing they'll run out of money even when the math says otherwise. This episode explores the behavioral science behind the "frugality trap," examining why the pain of withdrawal can outweigh the pleasure of spending your hard-earned wealth. Discover actionable strategies to shift your mindset from a lifelong accumulator to a confident spender, ensuring you enjoy the retirement you worked so hard to build.
Show more...
1 week ago

Navigating Your Retirement
Spend Now, or Spend Later?
Many pre-retirees grapple with the question of whether to maximize their enjoyment now or delay gratification for a larger nest egg later. This episode tackles the core psychological and financial conflict of balancing today's wants with future security. We explore practical budgeting strategies and spending frameworks to help you find the optimal balance between a fulfilling present and a secure retirement.
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2 weeks ago

Navigating Your Retirement
Are We Numb to What's Happening?
This episode asks the uncomfortable question: are investors becoming numb to the constant stream of major economic and political events? We discuss the behavioral finance concept of "crisis fatigue" and how it might be influencing market reactions and personal investment decisions. Tune in to learn how to cut through the noise, recognize genuine risk, and ensure you're making rational choices instead of reacting on autopilot.
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1 month ago

Navigating Your Retirement
Lower Interest Rates, The Markets, and Your Money
This episode breaks down how the current environment of lower interest rates directly impacts the markets and your personal finances. We'll explore the ripple effect on everything from stock valuations and bond returns to the cost of borrowing for mortgages and loans. Tune in to learn actionable strategies for navigating this new landscape and making your money work harder for you.
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1 month ago

Navigating Your Retirement
What if You Don't Bounce Your Last Check
This thought-provoking episode challenges the conventional wisdom of leaving a financial legacy. We explore the "die with zero" philosophy and the strategies you can use to spend your wealth on a fulfilling life, rather than saving for an uncertain future. Learn how to balance saving for retirement with enjoying your golden years and ensure your final check truly is your last.
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2 months ago

Navigating Your Retirement
Checklist for the Year of Retirement
Embarking on retirement is a major life transition, and this episode provides a vital roadmap to ensure a smooth journey. We'll walk you through a comprehensive financial checklist for your final year of work, covering everything from optimizing Social Security to reviewing your investment strategy. Tune in to learn how to avoid common pitfalls and make the crucial decisions that will set you up for a secure and enjoyable retirement.
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2 months ago

Navigating Your Retirement
Financial Changes and Questions
This episode tackles the most pressing financial changes and listener-submitted questions. Tune in for practical answers to your biggest money questions, providing clear, actionable advice to help you navigate your personal financial journey.
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2 months ago

Navigating Your Retirement
Surprise Expenses in Retirement
In this episode, we tackle the unexpected financial hurdles that can arise in retirement. We'll discuss common "surprise" expenses, from healthcare costs to home repairs, and how they can derail even the best-laid plans. Join us as we provide actionable strategies to budget for the unpredictable and protect your golden years from financial shocks.
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3 months ago

Navigating Your Retirement
Beneficiaries: Are You Leaving a Blessing or a Burden?
Who you designate as a beneficiary for your assets can have significant consequences, turning a thoughtful inheritance into an unexpected problem. This episode will guide you through crucial considerations to ensure your legacy is a blessing, not a burden, for your loved ones. We'll explore common pitfalls and provide actionable steps to help you make informed decisions about your beneficiaries.
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3 months ago

Navigating Your Retirement
What's In The Big Beautiful Bill?
In this episode, we break down the complexities of the recently passed legislative bill. Join us as we uncover the key provisions, significant financial allocations, and potential impacts on your wallet and the economy. We'll help you understand what this "big beautiful bill" truly means for you and the nation.
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4 months ago

Navigating Your Retirement
The Independence Plan
Join us as we demystify investing, budgeting, and wealth creation, offering actionable strategies for every stage of your financial journey. Tune in to gain the knowledge and confidence you need to take control of your money and achieve true financial independence.
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4 months ago

Navigating Your Retirement
Are You Ready to Live to 100?
This week, we dive into the fascinating world of longevity and its surprising impact on your financial plans. Join us as we explore how a potentially longer lifespan changes the game for retirement savings, healthcare costs, and even intergenerational wealth transfer. Discover actionable strategies to ensure your money lasts as long as you do, no matter how many candles are on your centennial cake.
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4 months ago

Navigating Your Retirement
What's Actually In The Big Beautiful Bill?
This week, we dive deep into the recently passed omnibus spending bill, dissecting the key provisions that will impact your wallet and the broader economy. We'll break down the allocations for infrastructure, social programs, and tax implications, revealing what truly made it into the "big beautiful bill" and what was left on the cutting room floor. Join us as we uncover the hidden details and discuss the real-world consequences of this monumental piece of legislation.
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4 months ago

Navigating Your Retirement
Top Retirement Concerns for 2025
In this episode we focus in on the top retirement and retirement planning concerns that people have. We talk about strategies to deal with these concerns and the importance of planning.
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6 months ago

Navigating Your Retirement
Knives Out - Legacy Planning
If you want to preserve family harmony after you are gone, you need to have a legacy plan. We talk about the importance and the details you will need to know.
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6 months ago

Navigating Your Retirement
Let'
In this episode we discuss the importance of tax planning for the future.
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6 months ago

Navigating Your Retirement
Your Retirement Money in the Markets
In this episode, we dive deep into navigating the turbulent waters of the stock market with your retirement savings. We'll explore strategies for balancing risk and reward, and discuss how to build a portfolio that can weather market fluctuations while still aiming for long-term growth. Finally, we'll cover essential tips for rebalancing and staying informed, ensuring your retirement stays on track.
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7 months ago

Navigating Your Retirement
Planning Not Panic
In this episode Travis talks about the importance of planning instead of panic in dealing with market volatility and uncertainty.
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7 months ago

Navigating Your Retirement
What Could Go RIght This Year?
In this episode, we ditch the doom and gloom and focus on the potential silver linings for your finances, the markets, and the economy in the year ahead. We explore overlooked positive indicators and expert predictions that could lead to unexpected growth and stability. Join us as we shift the narrative and uncover what could actually go right this year.
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7 months ago

Navigating Your Retirement
Riding the Waves: Understanding Market Volatility and Draw Downs
This week, we dive deep into the often-feared world of market volatility, breaking down what it truly means and how to navigate its ups and downs. Learn practical strategies to manage drawdowns and protect your portfolio during turbulent times.
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8 months ago

Navigating Your Retirement
Many successful savers find the transition to spending their nest egg the most difficult financial hurdle in retirement, often fearing they'll run out of money even when the math says otherwise. This episode explores the behavioral science behind the "frugality trap," examining why the pain of withdrawal can outweigh the pleasure of spending your hard-earned wealth. Discover actionable strategies to shift your mindset from a lifelong accumulator to a confident spender, ensuring you enjoy the retirement you worked so hard to build.