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Talking Real Money - Investing Talk

More Money Answers

Talking Real Money - Investing Talk

Don McDonald

Education, Business, Investing, How To

4.5811 Ratings

🗓️ 15 August 2025

⏱️ 23 minutes

🧾️ Download transcript

Summary

Listener Q&A covering early retirement feasibility, VT vs. SPGM ETF comparison, tax-efficient liquidation of a legacy mutual fund, recommended financial planning resources and Monte Carlo tools, and the pros and cons of laddering target-date funds. 1:36 Can $120K a year work with two pensions and a 7% return? 4:57 VT vs. SPGM — same global reach or hidden differences? 8:58 Selling Grandma’s mutual fund without gifting Uncle Sam 11:44 Best deep-dive planning books and free Monte Carlo tools 15:56 Target-date laddering — smart risk tweak or needless fuss? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Reality Radio for a really great future.

0:07.9

We're talking real money.

0:09.9

Hello, friends.

0:11.7

It's just another Q&A Friday.

0:16.5

Hello, welcome to talking real money, the podcast.

0:19.2

I'm Don McDonald, the host of the Friday

0:23.3

Q&A podcast. Well, most of them. Although sometimes Tom and Roxy do them. So this is one of them.

0:31.6

You called in questions? I'm going to try and give you answers. By the way, you sent those

0:36.4

questions in, spoke them in at Talking RealMoney.com on the little button that says contact us, where you can type them to if you want.

0:42.9

But you can also, if you want to have a conversation, you know, this goes up on Friday.

0:47.8

And then the very next day, Tom and I get together via fancy technology.

0:57.9

And we do a radio show in Seattle on Northwest News Radio,

1:03.8

where we take calls, and you can call us wherever you are in the world.

1:07.0

At 855-935-tall.

1:09.4

That's 855-9358255.

1:13.1

Actually, I think that only works in North America. So I may be, yeah,

1:19.8

that may only work in North America. But give us a call on Saturdays from three to five Eastern time.

1:23.6

Three to five Eastern. Eight-five-nine three-five-three-five-five-three-five-three-five. Eight-five, nine-three-five, eighty-two-five. So we have, I think we have five questions for you today. So let's get underway with the first one.

1:35.9

Hello, Tom and Don. This is Charles from Atlanta, Georgia, Colin. Hope you're doing well.

1:41.4

It really enjoying your podcast and all that I've learned.

1:46.0

I want to run this scenario by you. I'd like to retire at 63.

1:51.8

I'll be getting a $30,000 pension starting when I'm 60. A $50,000 pension starting at 63.

...

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