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Whatever life after 50 looks like to you, thinking about money in retirement shouldn't keep you up at night. We're all dealing with the big questions about money and aging: How much you can really spend, how to invest your life savings without risking it all in the stock market, and should you sell your home and downsize? Then there's the biggest unknown: how much health care you'll need, and whether your savings and insurance is enough to cover the costs. This is personal. These topics may not be easy to talk about with your own family. That's why nationally known personal finance experts Terry Savage, Richard Eisenberg, and Pam Krueger and are here to open up the dialogue so you can learn how to define your retirement and deal with your money on your own terms.
These three friends think, write, and speak about these issues. And now they're joining forces to give you the benefit of their experience, wisdom and advice in their new podcast, Friends Talk Money.
Each week Richard, Pam and Terry will discuss a different piece of the retirement pie. Everything from Social Security and Medicare to investing and cash flow management is on the table, with practical, common-sense advice on how to deal with these and other challenges.
But don't expect cut-and-dried answers. These friends have strong opinions, and aren't afraid to debate the pros and cons of their friends' recommendations. But what you will walk away after each episode is a greater awareness of the retirement planning issues you'll need to address with the help of your family, friends and financial advisor.
These three friends think, write, and speak about these issues. And now they're joining forces to give you the benefit of their experience, wisdom and advice in their new podcast, Friends Talk Money.
Each week Richard, Pam and Terry will discuss a different piece of the retirement pie. Everything from Social Security and Medicare to investing and cash flow management is on the table, with practical, common-sense advice on how to deal with these and other challenges.
But don't expect cut-and-dried answers. These friends have strong opinions, and aren't afraid to debate the pros and cons of their friends' recommendations. But what you will walk away after each episode is a greater awareness of the retirement planning issues you'll need to address with the help of your family, friends and financial advisor.
152 Episodes
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Retirement fears are rising. But what are people really afraid of? Former Fidelity wealth management executive turned retirement coach David Conti joins us to break down his new Retirement Fear Index, ranking the top 10 things Americans fear most as they approach and live through retirement. At the top: healthcare and long-term care costs, running out of money, the future of Social Security, and inflation. We dig into what's driving those fears and which ones deserve the most attention. Richard, Terry, and Pam push back on whether fear is even the right lens and dig into what's actually actionable (32%), what takes behavior change (38%), and what you just have to sit with. Plus: how the Fear Index compares to the VIX and the Crypto Fear & Greed Index, why "confidence" isn't the same as "fear," and the real difference between a financial advisor, a retirement coach, and a financial therapist. Links: RetireMentors.net and RetirementFearIndex.com (David Conti's websites) I'm turning 70. Here's how I'm making this decade the richest of my retirement. (Marketwatch) Dealing with fear in retirement (Yahoo Finance) 2026 Retirement Confidence Survey (EBRI) Boston College Center for Retirement Research The 2025 OASDI Trustees Report University of Michigan Consumer Sentiment Survey
Social Security is back in the headlines, with warnings that the trust fund could become insolvent as early as 2032. Does that mean your benefits are at risk? Should you claim early? Economist Larry Kotlikoff joins us to separate fact from fear. We explain what "insolvency" really means, why the long-term funding gap may be much larger than most people realize, what Congress could do to fix it, and—most importantly—what today's headlines should (and shouldn't) mean for your own retirement decisions. Links: MaximizeMySocialSecurity.com Maxifi.com Economics Matters by Laurence Kotlikoff (Substack) Get What's Yours: The Secrets to Maxing Out Your Social Security (Larry Kotlikoff) Social Security Horror Stories: Protect Yourself from the System — and Avoid Clawbacks (Larry Kotlikoff and Terry Savage) Social Security Insolvency (Terry Savage) How to work in retirement without seeing your Social Security checks slashed (Richard Eisenberg) Social Security: Make smarter decisions to maximize your lifetime benefits (Wealthramp) A Summary of the 2026 Annual Reports
Retirement confidence has hit its lowest point since post-COVID — and for good reason. From skyrocketing Medicare premiums to housing costs, Social Security uncertainty, growing debt, and the crushing weight of caregiving, retirees are facing a financial storm no one fully planned for. In this episode, Terry, Richard, and Pam break down the top 5 worries from the brand-new 2026 Retirement Confidence Survey (Employee Benefit Research Institute) and, more importantly, what you can actually do about them. What we cover: Why 40% of retirees say expenses are higher than expected The shocking truth about Medicare costs in 2026 (Plan G premiums up 40%!) How housing — even if you downsize — can blow up your retirement budget Social Security: what the 2033 trust fund depletion really means for YOU The debt crisis is quietly growing among retirees (39% are affected) Why 74% of workers plan to work in retirement — but only 31% actually do Caregiving: the retirement wildcard nobody budgets for Links: EBRI 2026 Retirement Confidence Survey These are the top 5 things retirees are worried about right now (Richard Eisenberg) IRMAA Increases Medicare Premiums (Terry Savage) Inflation Isn't the Real Problem: Having No Plan to Account for It Is (Pam Krueger) National Foundation for Credit Counseling
Nearly 3 in 4 couples say money is a source of tension in their relationship. But most never figure out why, or what to do about it. In this episode of Friends Talk Money, Richard, Pam, and Terry talk with Heather and Doug Bonaparte, a married couple and co-authors of the book Money Together. Heather is a business and legal affairs attorney. Doug is a certified financial planner and founder of Bonafide Wealth. And together, they have had every hard money conversation you have been putting off. If you are married, partnered, or thinking about combining finances with someone, this conversation will change the way you think about money together. They cover: Why debt and shame are silently running your relationship How financial power really works between partners Joint accounts vs. separate accounts, what actually works Navigating money in second marriages What to do when you and your spouse have different risk tolerances Why every couple needs a "Sorry I'm Dead" letter
Tax season just got a major overhaul. The One Big Beautiful Bill changed more tax rules than anything since 2017, and if you're over 65, retired, or earning tip or overtime income, you could be leaving serious money on the table. In this episode of Friends Talk Money, we sit down with Lisa Green-Lewis, TurboTax spokesperson and trusted tax expert, to break down every major change you need to know before you file. The NEW $6,000 deduction for seniors and who qualifies Tips & overtime income deductions - brand new for 2025 Auto loan interest deduction - what cars qualify Social Security & taxes - the surprise that shocks retirees RMDs, Roth conversions & how to avoid a massive tax bill IRS audits - should you be worried? Free filing options and how to get help Whether you use TurboTax, work with an accountant, or file on your own - this episode could save you thousands. Don't miss it. TurboTax Free Filing: https://www.turbotax.com AARP Free Tax Help: https://www.aarpfoundation.org/taxhelp
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