Learning From the Happiest Retirees

Motley Fool Money

The Motley Fool

Business, Investing

4.4 • 3K Ratings

🗓️ 9 August 2025

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

For more than a decade, financial advisor and author Wes Moss has surveyed people near and in retirement. In Part 1 of this two-part discussion with Robert Brokamp, Wes shares the financial and non-financial metrics and habits of the happiest retirees. Also in this episode: - How the current bull market compares to those of the past - Estimates for the future returns from stocks - How to make more on your cash Tickers discussed: SGOV Host: Robert Brokamp Guest: Wes Moss Engineer: Dan Boyd Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. We’re committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode. Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	How does the current bull market compare to those of the past?
0:08.0	And what can we learn from the happiest retirees?
0:10.0	You're listening to the Saturday Personal Finance Edition of Motley Full Money.
0:19.0	I'm Robert Brokamp, and this week is part one of my discussion with financial advisor and author
0:25.1	Wes Moss about his research on the financial and non-financial characteristics of a fulfilling
0:30.2	retirement. But first, let's start with last week in money. Now, first item comes from
0:35.5	Jury and Timmer, director of Global Macro at Fidelity Investments,
0:38.9	who puts out an interesting report each week and his recent edition pointed out that the
0:42.7	current bull market in U.S. stocks that began in October of 2022 is now 33 months old and has
0:50.5	produced an 84% gain.
0:53.0	And no, the tariff tantrum from this past spring didn't technically end the bull market,
0:57.0	though it came pretty close.
0:58.0	According to Timmer, since 1960, the median bull market lasts 30 months and produces gains of 90%.
1:06.0	So the current run is right about at the median in terms of length and gains. However, what's somewhat different
1:12.1	this time is breadth. Not all stocks are posting extraordinary gains, and Timmer wrote that only
1:18.0	35% of stocks are outperforming the index. He found that only two bull markets had similarly
1:24.2	low breadth figures, and they were the 1970 to 1973 rise of the so-called
1:29.1	50-50, and the 1998-2,000 tech boom. Both of those bull markets were followed by bear
1:35.8	markets that cut the S&P 500's value in half. This current ball market has been driven primarily
1:42.0	by tech-oriented growth stocks with a heavy emphasis on AI-related companies,
1:46.4	which brings us to our next item, and it comes from Renaissance macro research, also known as RenMAC,
1:51.9	which calculated that investment in AI, including both equipment and software,
	...

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