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The IBJ Podcast with Mason King
IBJ Media
376 episodes
1 day ago
A weekly take on business news in central Indiana from the Indianapolis Business Journal. The IBJ Podcast is brought to you by Taft.
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All content for The IBJ Podcast with Mason King is the property of IBJ Media and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
A weekly take on business news in central Indiana from the Indianapolis Business Journal. The IBJ Podcast is brought to you by Taft.
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Episodes (20/376)
The IBJ Podcast with Mason King
Percussionists beat path to Indianapolis to celebrate their craft
If you’re someone who believes the drummer is more than someone at the back of the stage who keeps time, this week’s Percussive Arts Society International Convention, otherwise known as PASIC, is your kind of event. Joshua Simonds, executive director of the Indianapolis-based Percussive Arts Society, says the artistry of drummers is celebrated at the four-day event. While Indianapolis is locked in to host PASIC through 2028, this year’s gathering carries landmark significance because it’s the 50th annual edition. Nearly 7,000 attendees, on target to set a new record, are expected to check out concerts, workshops and an exhibition hall. Drummers who play in the touring bands of Taylor Swift and Beyoncé will attend, but PASIC isn’t confined to mainstream sounds. The lineup spans world music, jazz, marching percussion and contemporary classical. In this week’s episode, IBJ arts reporter Dave Lindquist talks with Joshua Simonds about the event, scheduled Wednesday through Saturday.
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1 day ago
36 minutes

The IBJ Podcast with Mason King
What’s behind the Indiana Legislature’s special session on redistricting and how could it play out?
Gov. Mike Braun has called a special session of the Indiana Legislature, set to begin Monday, Nov. 3, that could make Indiana one of states to redraw its congressional maps before next year’s midterm elections. The Trump administration has lobbied Braun and Republican lawmakers since at least August to reapportion the state’s nine districts in hopes of engineering a GOP sweep next year. Indiana’s congressional delegation already is dominated by Republicans, but two of the state’s nine seats in the U.S. House of Representatives currently are held by Democrats.   Braun called the special session despite a definitive report from Senate President Pro Tem Rodric Bray’s office that there wasn’t enough support in the Indiana Senate to redraw the maps. But Braun believes the votes will be there. In this edition of the IBJ Podcast, host Mason King is joined by two local journalists with significant experience covering the legislature to dissect the events that led to the special session and explain how it could play out. They also discuss the history of redistricting in Indiana and the decades-long battle to expand political power by changing boundaries on a map. 
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1 week ago
34 minutes

The IBJ Podcast with Mason King
Pat East on the new buzz over buying businesses—and potential red flags
We’ve developed a romantic ideal of entrepreneurism in recent decades closely connected to startup culture and the brave souls who want to create something that can disrupt a product type or even a whole industry. But for a variety of reasons, a growing number of aspiring entrepreneurs of all ages are choosing to become business owners by acquiring a company rather than starting one from scratch. Among the benefits: Folks who acquire companies are working with products or services that already are proven in the marketplace. They can immediately start paying themselves from existing sales. And getting financing can be easier when your business has an established track record.   Our guest this week on the IBJ Podcast is a great example of the surging interest in ETA—shorthand for entrepreneurship through acquisition. Pat East and his wife founded a digital marketing company from scratch in the early 2000s and turned it into a behemoth with 75 employees and $10 million in annual sales. They sold it in 2020, which allowed East to focus more on his other role as executive director at The Mill, a nonprofit Bloomington co-working space and entrepreneurship center. He recently stepped down from The Mill in hopes of getting back into business for himself, and he discovered that Indiana doesn’t have a very robust community for aspiring entrepreneurs interested in ETAs. So he’s hosting meetups across the state to help fill that gap while he searches for his opportunity. In this week’s podcast, East discusses his exit from Hanapin Marketing, provides tips for those considering ETAs and breaks down the warning signs entrepreneurs should beware.
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2 weeks ago
57 minutes

The IBJ Podcast with Mason King
Pete the Planner on what to do when you're furloughed
As the federal government shutdown drags on and thousands of federal workers are going without paychecks, we thought it would be a great time to check in with Peter Dunn about what to do if you’re suddenly laid off or facing a loss of income. Peter writes the Pete the Planner column and hosts the Pete the Planner podcast where he talks about money. He’s also the founder and CEO of Your Money Line, which provides workplace financial advice for companies across the country. He talked with IBJ Editor Lesley Weidenbener about the challenges facing federal workers for whom the future remains murky. And they discuss what those and other laid off or furloughed workers can do – and what they shouldn’t do – to address the situation.
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3 weeks ago
49 minutes

The IBJ Podcast with Mason King
The serious business of scaring patrons at Indy Scream Park
Anderson native Benjamin Nagengast comes by his bent for entrepreneurism and artistic design naturally. His mother founded a prominent design and engineering firm in the Anderson area, and his father was involved in several enterprises, including his own ceramic pottery business. When Ben was 10, his mother suggested the family start a pumpkin patch on their 75-acre farm. The lessons learned there helped Ben start an enterprise at the age of 13 that would become White River Paintball. Eleven years later, in 2010, he co-launched the haunted house attraction Indy Scream Park, also in the Anderson area.   Ben and his wife, Mariah Nagengast, went on to create three more family-fun theme parks, all located in Dade City, Florida, a short drive east of the Tampa area. The five parks in Florida and Indiana fall under the umbrella of the entertainment development firm Point Summit. Ben is the CEO, and Mariah is the chief acquisitions and financial officer. They now live in Florida, but they still have their fingers on the pulse of the Anderson attractions and recently invested $300,000 to upgrade elements of Indy Scream Park. They also are looking at creating new attractions on land they own next to the Scream Park and paintball business. Ben and Mariah are our guests this week to explain what it takes to operate a sprawling fear factory. The Scream Park is a serious seasonal business requiring nearly 200 employees on a busy night to create a sense of impending doom—but not danger.
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1 month ago
43 minutes

The IBJ Podcast with Mason King
What a state audit reveals about the IEDC, Elevate Ventures and more
Gov. Mike Braun’s administration last week released an audit the governor ordered last spring of the Indiana Economic Development Corp. — the state’s job creation agency — and related organizations, including the IEDC’s foundation as well as Elevate Ventures, the Applied Research Institute and other groups. From the beginning, the governor and Commerce Secretary David Adams referred to the review as a “forensic audit,” a term generally used when fraud or legal irregularities are expected. But the Governor’s Office said the review uncovered nothing criminal. Still, the auditors included dozens of findings in their report, including situations involving conflicts of interest, poor documentation and a lack of transparency. IBJ Editor Lesley Weidenbener talks with IBJ reporter Susan Orr, who has been following the issue for months, about what the audit found and what the results mean for several organizations. You can read more coverage of the audit at IBJ.com.
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1 month ago
27 minutes

The IBJ Podcast with Mason King
Goodwill CEO expands programs, embraces mergers, tries new territories
Kent Kramer registered an inkling of his calling early in high school when he started working for a supermarket in his native Muncie. He loved helping customers, getting to know them better, examining what they were buying and seeing how they stretched their food dollars. After college he jumped onto the store management track with Sam’s Club, deep in the heart of American consumer culture. This ultimately led him to his dream job with the global nonprofit Goodwill Industries, best known for the thrift stores that help power a wide variety of programs that help people become economically self-sufficient.   Kramer became president and CEO of Goodwill of Central Indiana in 2015 and has captained aggressive expansion of its programs and footprint. Now known, at least for the time being, as Goodwill of Central & Southern Indiana, the organization serves 40 Hoosier counties and 21 counties in central Illinois, while it establishes its model in Puerto Rico. Kramer has overseen impressive expansion of his organization’s employment, education and health services. That includes growing its maternal and natal care program to all 92 Indiana counties and scaling up its Excel Center program for adult education on a national level. Over the summer, IBJ Media recognized Kramer as the first recipient of its nonprofit executive of the year award, and he is our guest for this week’s edition of the IBJ Podcast discussing his early love for retail, how central Indiana’s Goodwill extended its influence to a U.S. territory and how the organization has handled the challenges of several mergers with like-minded nonprofits.
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1 month ago
1 hour 2 minutes

The IBJ Podcast with Mason King
Rugby star wants to make Indy the sport’s home field
Two months ago, one of America’s most prominent rugby players—both on the professional level and international level—announced he was retiring at the age of 30. As a news event, this wasn’t on the level of an NBA All-Star retiring. But if you were a rugby fan or an alumnus of Indiana University, you probably knew the name Bryce Campbell, who had the distinction of being named the nation’s top collegiate rugby player while competing for IU’s team. Campbell’s new assignment is to significantly raise the profile of Indianapolis in the rugby world and turn the city into a hub for the sport at the amateur, professional and national levels.   Campbell is a partner in Riverside Sports Properties, which recently signed a 20-year lease with Indy Parks and Recreation to manage and operate Kuntz Stadium on West 16th Street. It’s in the midst of millions of dollars in improvements to upgrade the field and stadium proper, prior to construction of a training facility, garage and plaza. In this week’s edition of the podcast, Indianapolis-native Campbell recounts his years as a high school and collegiate phenom as well as his distinguished career as a pro and a member of the U.S. national team. He is using those experience and connection to advance his goal of making Indianapolis the center of the rugby world, including landing a Major League Rugby franchise and carving out a role for the city in the 2031 and 2033 World Cups. And don’t be surprised to see toddlers learning the basics at Kuntz Stadium. 
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1 month ago
45 minutes

The IBJ Podcast with Mason King
Pew Research’s Richard Fry unpacks gender gap in college enrollment
The gap between women and men attending college in Indiana continues to grow in favor of women. In raw numbers, 72,419 more girls than boys who graduated from Indiana high schools from 2009 to 2023 went on to higher education. Another head-jerking trend: The overall percentage of high school grads in Indiana who enroll in higher education stumbled from 61% in 2018 to 52% just five years later in 2023. Richard Fry, senior researcher at Pew Research Center, joins IBJ to discuss the widening gender gap in U.S. college enrollment. Fry analyzes federal data from 2011 to 2022, highlighting a sharp drop in college attendance among young men, shifting public views on the value of a degree, and rising wages for workers without one. He also examines racial and ethnic differences, workforce participation trends, and challenges in tracking training programs.
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1 month ago
39 minutes

The IBJ Podcast with Mason King
Dave Lindquist previews can't-miss events on 2025-2026 A&E calendar
Each year, IBJ publishes an A&E Fall Preview guide. And for the past two years, reporter Dave Lindquist has packed that guide full of can’t-miss events for the fall, winter and even into the spring. Dave pours over the schedules of dozens of organizations and event spaces in town to make his picks, which include big-time performances as well as the kinds of events that might otherwise fly under the radar. For this week’s episode of the IBJ Podcast, IBJ Editor Lesley Weidenbener talked with Dave about how he decides what makes the list and which events he’s most excited about. You can see the A&E Fall Preview here.
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2 months ago
31 minutes

The IBJ Podcast with Mason King
Pete the Planner on whether buying a home is always a smart investment
Home ownership is viewed in many circles as a standard rite of passage for young adults. It indicates a certain financial wherewithal and the understanding that buying a home is an early key to building wealth. It’s supposed to be one of your most important investments. It’s the prime ingredient in what we consider the American Dream. And to be frank, if you are in your 30s or 40s and you don’t own a home, you’re very likely to get frequent reminders that you’re burning money on rent without building any equity.    But is home ownership always a smart move? Are the millennials and members of Generation Z who are struggling to afford homes due to debts and the rising cost of living in dangerous economic territory? In this week’s edition of the IBJ Podcast, personal finance expert Peter Dunn—aka Pete the Planner—breaks down the orthodoxy of home ownership and discusses when it makes the most sense. He says that while owning a home does solve a couple of major financial problems, it can create many more. It’s not at all necessary to get started right away, and there’s a navigable path for renters in the 40s to end up in a very comfortable situation by retirement.   Start your dollar a week trial now at ⁠⁠IBJ.com/trialoffer⁠⁠ Check out our event lineup and register now at ⁠IBJ.com/RSVP⁠ Discover which programs are accepting nominations now at ⁠⁠IBJ.com/Nominate⁠
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2 months ago
44 minutes

The IBJ Podcast with Mason King
'It all comes back to relationships,' says banker turned small-biz owner
Cindy Schum grew up in a troubled family situation and, as she describes herself today, was terribly shy and awkward. Still, she found ways to put herself in situations that could help her be more outgoing. She was great at working with numbers, and she gravitated to a career in commercial lending that put her in front of business owners who loved to talk about how they made things work. She picked a heck of a time to jump from banking to buying a 104-year-old small business. She felt something vital was missing from her career, and her husband, Brad, persuaded her to purchase a company in 2019 in the less-than-glamorous janitorial-supply industry. She knew from her experience evaluating company financials and acquisitions that the numbers looked good. And when the pandemic hit several months later, Schum found herself in a position to help customers struggling with the sudden disruption. Still, Schum’s plans to grow A.G. Maas Supply Co. were delayed. But its headcount has swelled from two employees to 10 over the past six years, and its annual revenue has jumped 250%. Its core business is procurement—connecting customers in the utility, education, manufacturing and hospitality industries with the right suppliers of cleaning and safety products, office tools and facility furnishings. After some early trepidation, Schum learned that her career in banking perfectly prepared her for entrepreneurship. Whether you’re talking about banknotes or toilet paper, she says in this week’s episode of the IBJ Podcast that it all comes down to relationships.  Start your dollar a week trial now at ⁠⁠IBJ.com/trialoffer⁠⁠ Check out our event lineup and register now at ⁠⁠IBJ.com/Register ⁠⁠ Discover which programs are accepting nominations now at ⁠⁠IBJ.com/Nominate⁠
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2 months ago
52 minutes

The IBJ Podcast with Mason King
She kept her job but hit the road, lived in a school bus and reclaimed her calling
Karmen Johnson certainly had the trappings of traditional success in her mid-20s: the corporate job in finance, the new house and a wedding in the works. Then she took a hard left turn in the early 2020s and transformed working from home to working and living on the road. She got a taste for what folks call van life—outfitting a truck, bus or van as a mobile home and traveling the country for months at a time. She persuaded her employer, Indianapolis-based credit union Elements Financial, to allow her to work remotely and way off the beaten path. She was involved in a near fatal accident in Texas that could have ended her wandering ways, but she instead used it as a wake-up call to devote more of her life to a deferred dream of becoming an artist. In addition to her remote marketing and communications job with Elements, she now takes commissions to create large-scale murals across the country through her firm Karmen of Earth Designs LLC. In this week's edition of the IBJ Pocast, Johnson discusses the challenge of rearranging your life and career in a way that feels truer to your values. She also goes into great detail about the logistics of van life and the accident that pointed her in a new direction.  Start your dollar a week trial now at ⁠IBJ.com/trialoffer⁠ Check out our event lineup and register now at ⁠IBJ.com/Register ⁠ Discover which programs are accepting nominations now at ⁠IBJ.com/Nominate⁠
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2 months ago
55 minutes

The IBJ Podcast with Mason King
Who’s afraid of the big, bad FAFSA? Here’s what families can expect this fall.
You might already be familiar with filling out the FAFSA form, or you might only know it by reputation. That reputation is somewhere between filing your annual income taxes and running an Ironman triathalon. Revisions, technology issues and widespread confusion over the availability of the form over the past two years might make it seem even more sinister.Let’s back up. What is the FAFSA? If you have a child finishing high school this school year, the FAFSA plays a big part in determining how much financial aid you could receive—including grants, loans and scholarships—to help pay for college. In Indiana, most families are now required by law to fill out the FAFSA unless they seek a waiver.   Despite recent tumult, all signs point to the FAFSA being ready to fill out this year by the traditional launch date of Oct. 1. Our guest this week is Bill Wozniak, vice president and chief marketing officer of INvestEd, a nonprofit based in Indianapolis and created by the Indiana Legislature to help families navigate the FAFSA process. He provides an overview for the uninitiated and shares some of the biggest misconceptions of FAFSA. For example, if you think you are sufficiently wealthy to put any financial assistance out of reach, you very well could be wrong. If you think you just need to get it done by the end of the year, you might want to think again. And, Wozniak says, the process isn’t nearly as arduous today as its reputation might suggest.  Start your dollar a week trial now at ⁠IBJ.com/trialoffer⁠ Check out our event lineup and register now at ⁠IBJ.com/Register ⁠ Discover which programs are accepting nominations now at ⁠IBJ.com/Nominate⁠
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3 months ago
56 minutes

The IBJ Podcast with Mason King
Christine Brennan on Caitlin Clark’s cultural influence and the WNBA’s growing pains
In this episode of the IBJ Podcast, USA Today columnist and sports broadcasting veteran Christine Brennan speaks with IBJ's Mickey Shuey about "On Her Game," her bestselling unauthorized biography of Indiana Fever’s star Caitlyn Clark. Brennan explains how a chance encounter at the Olympic swimming trials led to a whirlwind book deal, and why Clark’s impact on attendance, viewership and cultural visibility is unlike anything women’s team sports have seen. She also speaks candidly about the WNBA’s handling of Clark’s debut, arguing that league leadership failed to prepare for her arrival and continues to struggle with how to balance promotion, parity and politics. Brennan shares the story behind her viral press conference questions, including one about Clark’s social media activity following a Kamala Harris endorsement, and reflects on what it means to report critically and fairly on the league's biggest star. Plus, Brennan offers her take on Indianapolis’ vision to become the capital of women’s sports, praises the city’s execution of the WNBA All-Star weekend—even without Clark on the court—and urges leaders to keep Clark in Indy as long as possible.
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3 months ago
1 hour 1 minute

The IBJ Podcast with Mason King
Indy’s fast-rising chief of community outreach on potholes, curbside recycling, rural roots
Natalie van Dongen grew up in a small farming community outside a modest city in central Illinois. She spent most of her youth either in school or in the woods by her home. Approaching high school graduation, she wanted to study theater in college and definitely didn’t want to go to Butler University, where both of her parents graduated. But that’s where she eventually chose to go. Two weeks ago, she became the Hogsett administration’s point person for addressing the concerns and complaints of nearly 1 million Indianapolis residents. In eight years, she had risen from an internship with the mayor’s office to the city’s director of community outreach. Along the way, her positions included liaison to the City-County Council and then deputy director of policy and planning for the Department of Public Works. She was a key figure in the city’s push for universal curbside recycling that’s now expected to begin in 2028. In this week’s edition of the IBJ Podcast, host Mason King asks Van Dongen about the principles of effective communication with an incredibly broad range of people and organizations. She also digs into the nitty-gritty of universal curbside recycling and the education campaign planned over the next two years. And she excavates her roots in the village of Towanda, Illinois, and how they led her to explore the power of community.
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3 months ago
48 minutes

The IBJ Podcast with Mason King
Can Indy's All-Star moment shine without Clark?
Host Mickey Shuey unpacks the high-stakes arrival of the 2025 WNBA All-Star Weekend in Indianapolis—and explores what it means that the league's biggest star, Caitlin Clark, is sidelined. With thousands descending upon the Circle City. Featuring interviews with WNBA Chief Growth Officer Colie Edison, USA Today columnist Christine Brennan, sports marketer Ken Ungar, and leaders from Visit Indy, Indiana Sports Corp., and Pacers Sports & Entertainment, this episode dives into the marketing, civic planning, and vision behind one of the biggest weekends in WNBA history as the city looks to use the weekend as a catalyst for its own ambitions around women's sports. If you enjoyed the episode, get caught up on the season in your favorite podcast app or on IBJ.com.
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3 months ago
38 minutes

The IBJ Podcast with Mason King
Indiana’s first Miss Basketball on Caitlin Clark and 50 years of progress
We’ve hit a head-spinning milestone in the history and development of women’s basketball in Indiana. This week, Indianapolis is hosting the WNBA All-Star Game and all of its related festivities, coming amid an unprecedented surge in popularity for women’s basketball. The top vote-getter for the game is Caitin Clark of the Indiana Fever—a team that now sells out an 18,000-seat arena for nearly every game. The international media is here, and everyone is talking about the potential for players’ salaries to significantly rise.    Exactly 50 years ago, Judi Warren was preparing to enter her senior year at Warsaw High School. She didn’t know that she was on the precipice of history.  The Indiana High School Athletic Association had officially sanctioned girls basketball, which meant it would have its first statewide girls basketball champion at the end of the season. Warren would end up a transformational figure in the state’s most popular sport, becoming the first Miss Basketball and helping kick-start the rapid growth and evolution of the game for Hoosier girls and women.   She’s our guest this week to provide a first-hand account of how girls who played the game in the early 1970s had to fight for respect, funding and even decent practice time—and then how quickly attitudes changed after she guided Warsaw to the first state championship. She then became one of the early recipients of a college basketball scholarship, helped nurture talent through basketball camps, and became a coach—returning to the state finals with Carmel High School. In these ways, she understands the path that has led to this moment as Indy hosts the All-Star Game. She also weighs in on the impact of the WNBA and Caitlin Clark in particular. 
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4 months ago
55 minutes

The IBJ Podcast with Mason King
“Am I crazy for doing this?” asks attorney turned bookstore owner
Independent bookstores have been on the retail death watch for a few decades now. But, as one American author might put it, reports of their impending demise have been greatly exaggerated. For many, the recipe for success is local ownership, strict attention to local needs and concerns and calendars packed with special events to help create a sense of community. This is what Tiffany Phillips has found over nine years as founder and owner of Wild Geese Bookshop in Franklin.   Phillips had a well-established career as an attorney in the health care industry as she was turning 40. But Franklin didn’t have a bookstore. One thing led to another as Phillips sought a new office space, and soon she was doing double-duty as a lawyer and a bookshop proprietor. She had a bigger vision for the store as a hub for cultural life and a haven for anyone interested in creativity. As Wild Geese approaches its first decade in business, it has developed a national reputation on the authors circuit as a destination where Phillips and her staff pull out all the stops to host hundreds of fans and involve other local businesses, like the historic Artcraft Theatre and the Main & Madison Market Café.    IBJ’s Taylor Wooten recently wrote about this in the May 30 issue of the paper. For the IBJ Podcast this week, host Mason King wanted to chat with Phillips about the small-business challenges of opening and growing the shop and how she fights against persistent fears that investing in the printed word in a small Indiana city is, well … kind of crazy.
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4 months ago
1 hour

The IBJ Podcast with Mason King
Pete the Planner’s advice for Gen X’s retirement dilemmas
Coming after the baby boomers, Generation X is often referred to as “the forgotten generation,” the self-reliant generation and perhaps the last free-range generation. Today, you certainly could argue that it's  becoming the financial-panic generation. The first Gen Xers hit the workforce right around the time pensions gave way to 401(k) accounts with self-directed invested assets. Recent studies indicate that Gen Xers who have retirement accounts have saved on average somewhere in the neighborhood of $180,000. That’s well below the $1 million popularly seen as the minimum requirement for beginning a comfortable retirement. (Of course, the ability to sustain income in retirement depends a lot on your spending habits and the quality of life you try to pursue.) Nearly 50% of Gen Xers don’t even have a retirement plan, according to asset management firm Schroders. So IBJ Podcast host Mason King began compiling some of the most common questions his fellow Gen Xers ask about pending retirement or, if need be, semiretirement. For example, when is the best time to start taking Social Security, especially given that it’s headed for a funding deficit early next decade? What exactly do you do with your 401k funds once you retire? And what should you start doing today if your retirement savings are in the five figures or low six figures? In this week's episode of the IBJ Podcast, columnist Pete the Planner weighs in on the big questions for Gen X and warns against a common strategy for diversifying portfolios that King thought was genius.
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4 months ago
51 minutes

The IBJ Podcast with Mason King
A weekly take on business news in central Indiana from the Indianapolis Business Journal. The IBJ Podcast is brought to you by Taft.