Afford Anything | Get Smarter With Money

Paula Pant, Personal Finance Expert | Cumulus Podcast Network

AI, Debt, and a Social Security Shortfall. Should Your Money Plans Change? With Rob Berger

OCT 2, 202669 MIN

Description

#755: Many retirees fear running out of money more than they fear dying. AI is reshaping the economy, the U.S. now spends over $1 trillion on interest, and Social Security faces a shortfall. Rob Berger says if you're worried about all that, it's a sign you're thinking clearly. Rob Berger is a former securities lawyer, founder of the personal finance site Dough Roller, and host of a nearly 300,000-subscriber YouTube channel on investing and retirement planning. He started writing about money in 2007, just months before the Great Recession. In this episode, we discuss: How to tell whether today's high stock prices should change your plan When to trim a stock that's grown too big, and when to let it ride Why a booming economy can still leave so many people feeling squeezed What a looming Social Security shortfall could mean for your retirement How to cover your basic bills with guaranteed income, whatever markets do How to ease into retirement instead of going from 40 hours to zero Why daily spending habits matter more than investing knowledge Whether you're five years from retirement or five years into your career, this episode will help you separate what's truly changing from what never does. ๐Ÿ”— RESOURCES MENTIONED RETIREMENT WORRIES FEEL OVERWHELMING? SEE YOUR WHOLE FINANCIAL PICTURE ON ONE PAGE ๐Ÿ‘‰ http://affordanything.com/cornerstone Rob Berger on YouTube ๐Ÿ‘‰ https://www.youtube.com/channel/UC9C17-OMxa-7oRSaCtztObw Rob's free weekly retirement newsletter ๐Ÿ‘‰ https://robberger.com/newsletter Learn more about your ad choices. Visit podcastchoices.com/adchoices