Episode Details

Retirees should adjust spending during market dips—even small cuts like skipping an inflation hike can extend portfolio longevity. If not yet retired, start trimming expenses now to build savings. Use the “Bucket” strategy: draw income from bonds or cash during market downturns, not stocks. Delaying Social Security until age 70 maximizes lifetime benefits, especially for higher earners with younger spouses. Combat inflation’s bite with inflation-protected bonds, especially since healthcare costs rise faster than general inflation. Early retirement is ideal for tax-smart moves like Roth conversions or early IRA/401(k) withdrawals, when your tax bill is likely lower due to no work income or required distributions.

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