You can afford anything, but not everything.

Every choice that you make is a trade-off against something else, and that doesn't just

apply to your money.

That applies to your time, your focus, your energy, your attention, anything in your life

that's a scarce or limited resource.

And that leads to two questions.

Number one, what matters most to you?

What does society say should matter most, like a big house or a fancy car, but what genuinely

matters in your own life?

That's the first question, and the second question is a little bit tougher.

How do you make daily decisions that support that priority?

That's where we all get tripped up.

This podcast exists to explore the answers to those two questions.

My name is Paula Pant, I'm the host of the Afford Anything Podcast, and today, Dr. Wade

Fowr joins us to talk about retirement planning in the year 2020.

Dr. Fowr is a professor of retirement income for the American College of Financial Services.

He teaches in their new PhD program on financial services and retirement planning, and if

you're thinking, I didn't know that there was such thing as a professor of retirement

income.

Ditto, you're not alone.

We talked about that the last time that Dr. Fowr came onto the podcast, which was in 2018.

He mentioned at that time that retirement planning as an academic research field is

...