How to Retire with Christine Benz

Join us for a special episode as we welcome Christine Benz to discuss her new book, "How to Retire." In a captivating conversation at the Rock Retirement Club, we dive into topics like long-term care, the 4% rule, investing strategies, and simplification. Featuring insights from Fritz Gilbert, a member of the club and contributor to Christine's book, this episode offers a holistic view of retirement planning. Discover how to balance financial and non-financial aspects for a fulfilling retirement journey. INTERVIEW WITH CHRISTINE BENZ (01:26) Rock Retirement Club welcomes Christine Benz to chat about her new book, How to Retire (02:40) Roger asks about the goal for the readers of this book. (04:00) Christine: The goal was to cover retirement in a really holistic way and include as much non-financial as financial information on retirement planning. (05:09) Roger: I was surprised that you did the book in the interview style, I think it helped make the book more approachable. (07:24) Roger: Did you have any big insights that were unexpected? (10:18) Fritz: I give Christine serious kudos for the approach she took and the amount of homework she did. (11:47) Christine to Fritz: I love your methodical approach to dealing with the years leading up to retirement (13:19) Marla asks Christine if she would change anything if she was writing this book today to accommodate the 2024 election results and also asks about managing portfolios on Morningstar. (17:28) Roger: When it comes to portfolio construction, it's easy to overcomplicate things (20:30) Larry asks Christine what challenges her or confounds her most about her own retirement planning. (22:53) Larry asks “Are you concerned that we may not find people to provide long term care?” (30:11) Kevin Lyles asks about asset allocation when you retire (30:47) Christine: My chapter on asset allocation addresses the bucket approach, which I do find very customizable. (36:56) Laura asks: When you talk about high quality bond portfolios, do bond funds work? (41:06) One question I have when we're talking about indexes is about broad diversification.  (43:42) Roger: Now someone had a comment related to some of the research on small cap value. Do you have any view on that research on having a more diversified small cap value tilt? (47:19) Eric asks “what is the argument for using tips for retirees?”  (50:24) Roger asks Fritz if he has been simplifying his portfolio or working more on optimization since retiring in 2018. (52:50) Roger: The optimization part sometimes dominates the conversation. (53:38) Roger asks Christine: Have you found, even in your own life, a balance between making sure you don’t get too complicated in investments? (56:45) Biranna asks after 20 interviews, what question now rests in your mind? (57:40) Christine: I've been thinking more about whether the concept of retirement is flawed (58:59) We're going to share a link with members offering a discount to Morningstar. (59:55) Next week on the show, we're going to chat about with Michael Easter about Gear vs Stuff BONUS (01:00:30) Roger reads an excerpt from his grandfather's WWII journal REFERENCES Wade Pfau Morningstar  The Retirement Manifest- Fritz Gilbert Daughterhood.org Christine Benz Six Shot Saturday BOOKS How to Retire: 20 lessons for a happy, successful, and wealthy retirement- Christine Benz Being Mortal: Medicine and What Matters in the End- Atul Gawande Keys to a Successful Retirement: Staying Happy, Active, and Productive in Your Retired Years- Fritz Gilbert Rock Retirement: A Simple Guide to Help You Take Control and Be More Optimistic About the Future- Roger Whitney Show notes created by https://headliner.app