Back into the mailbag! New on the show, Pete and Damian try to find balance in their skepticism toward a retirement-bound writer. With over $1M in investable assets and a continuing part-time job, why is he still concerned about outliving his savings? Pete and Damian investigate the details of the story.
Can’t listen? Check the Show Notes!
- The first and main question Pete and Damian ask is a simple one, “With 5 years until retirement, how much does his live on now?”
- With +$1M in assets plus the promise of part-time income, the writer checks the boxes for savings and diversification. It’s entirely reasonable that he could succeed in retirement.
- Peter and Damian cleverly deduce that he’s left out details about current expenses and lifestyle. These are key pieces of information; they tell the story of the present to help predict the one of the future.
Click play below to follow their investigations.
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Peter Dunn a.k.a. Pete the Planner® is an award-winning financial mind and a former comedian. He’s a USA TODAY columnist, author of ten books, and is the host of the popular radio show and podcast, The Pete the Planner Show. Pete is considered one of the foremost experts on financial wellness in the world, but he’s just as likely to talk your ear off about bass fishing.