What If You Retire At The Worst Possible Time?

The Stacking Benjamins Show

Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

Education, Business, Money, Investing, Financial Planning, Cfp, Personal Finance, Retirement

4.4 • 2K Ratings

🗓️ 1 July 2022

⏱️ 77 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Is this the worst possible time to retire (or to make ANY big financial move)? Inflation is SLIGHTLY up. The stock market is SLIGHTLY down. This could feel less like retirement and more like falling into a deep, dark chasm. Yet, our panel today is here to provide a flashlight and some safety equipment for your goals. Kyle Landis-Marinello joins us (author of Personal Finance and Investing), along with Paula Pant (AffordAnything podcast), and our own OG. We'll dive into the problems associated with making big moves right now and one-by-one work through all of the problem points. By the end of the show, we hope you'll have a much clearer path toward still achieving what you want, when you want, with your money. But that's not all! Doug also will orchestrate another chapter in our year-long trivia challenge, as OG fights to pass Len for first place and Paula hopes to regain the fight for the world's worst trophy. It's all that and much more! Come join us! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	So you'll pick me up tonight at 7.45?
0:02.8	Yo, well, no, I got a few things to take care of first, but why don't we make it quarter to eight?
0:11.8	Okay, 7.45.
0:13.6	Live from YouTube, it's the Stacking Benjamin Show.
0:33.2	I'm Joe's mom's neighbor, Doug, and how do you know if you're retiring at the worst moment ever?
0:38.8	Today, we'll settle the matter once and for all.
0:43.1	That are, you know, we're just going to yell at each other about it for a while.
0:46.2	To lead the way, we welcome the author of personal finance and investing, Kyle Landis-Marinello.
0:53.5	Then we'll have the most popular dance partner at the retirement home, Paula Pant,
1:00.8	and arguing for the defense will be OG.
1:04.4	I'll be back in a bit with a joke of a trivia question.
1:08.3	And now a guy who will never retire from helping you stack your Benjamin's Joe Salcihi.
1:21.2	And a happy Friday to you, stackers. Let me be the first one to welcome you, sit back,
1:25.9	relax, because now comes an hour of financial entertainment with this group of friends.
1:31.5	And let's start off with the gentleman across the card table from me who brings it every Monday,
1:35.6	Wednesday, and Friday. Mr. OG is here, almost literally across the card table.
1:43.6	Kind of across the wall here. Yes, there it is right there. How are you, man?
1:50.2	Living the dream. It is a beautiful Friday, and that means that Ms. Paula Pant joins us. How are you?
1:57.9	I am excellent. I love being the most popular dance partner at the retirement home. That is a
2:03.4	fitting title. That is, that is her goal in life. Yes. How about that? And the guy who's wondering
2:12.8	what he's doing back here. Well, what happened that after one appearance, he's back for a second one.
2:18.6	Kyle Landis, I need to call him Maranara. You got to call him Kyle Landis Maranara,
	...

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