Please stay tuned for important disclosure information at the conclusion of this episode.

Hi and welcome to the Longview. I'm Christine Ben's Director of Personal Finance and Retirement Planning at Morningstar.

And I'm Amy Arnott, portfolio strategist for Morning Star. Our guest on the podcast today is Retirement Researcher, Wade Fow.

Wade is the founder of Retirement Researcher, Wade Fow.

Wade is the founder of retirement researcher, an educational resource on retirement planning for individuals and financial advisors.

He's co-founder of the Retirement Income Style Awareness Tool and a co-host of the Retire with Style podcast.

He's a professor of practice at the American College of Financial Services and a research fellow with the Limmer Retirement Income Institute, and he's also a principal

and director of retirement research from McLean Asset Management. Wade has written several books,

including his most recent, a third edition of his retirement planning guidebook.

He holds a doctorate in economics and a master's degree from Princeton University and Bachelor

of Arts and Bachelor of Science degrees from the University of Iowa. He's also a chartered financial

analyst. Wade, welcome back to the Longview.

Thanks, Christine. It's a pleasure to be here.

Well, it's great to have you here.

Your retirement planning guidebook is, I would say, the definitive guide for anyone who's serious about retirement planning.

It's always a fixture on my desk. And it's now in its third edition.

So I'm wondering if you can talk about the key sections that you wanted to update with this most recently released edition.

Well, thank you. And yeah, really the two big changes with the third edition. One is I really try to simplify the writing. So it's actually 100 pages shorter than the second edition. I didn't remove any substantive content, but I really focused on,

I would get criticisms that I was too wordy, I repeat myself too much, so really focusing on

making it simpler to read and also just getting right to the point. And then in terms of content,

there were a lot of changes with taxes with the legislation passed last July. So the

tax planning chapter, which is the longest chapter in the book, I really had to do a pretty

...