Planning for retirement isn't just about hitting your savings targets and hoping for the best. It's about getting creative, asking new questions, and challenging your own assumptions.

We follow the retirement planning journey of a fictional couple, Dwight and Angela, who are three to five years from retirement, using the SIFT framework shared by Rohit Bhargava and Ben duPont in their book “Non-Obvious Thinking”, to shed light on hidden financial opportunities.

• [00:00] Broadening perspectives on retirement strategies.
• [03:11] Making time to reflect to get better clarity on retirement plans.
• [07:05] Expand your perspective by looking for alternative experiences and advice beyond typical financial practices.
• [11:05] Focus on solving the right problem to combat overwhelming options.
• [14:58] Explore other investment opportunities like a business 401k, HSA, or brokerage account.
• [17:35] Coordinated financial planning strategies for our case study couple.

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Planning for your child’s college education can feel overwhelming, especially when faced with skyrocketing tuition costs and countless savings options. This week on the show, we’re discussing the question of exactly how much you should save in a 529 college savings plan.

• [00:00] Decide your college funding goal before saving in a 529 account.
• [02:06] An overview of college costs.
• {02:35] Advantages of the 529 Plan.
• [03:54] Weighing college savings vs. retirement savings.
• [05:31] What happens if I save too much?
• [07:35] Expanded legislation as part of the OBBB.

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Recently, an executive order has set the stage for 401 (k) providers to potentially start offering investments like private equity, private real estate, digital assets (think bitcoin), commodities, and more—options typically reserved for pension funds and institutional investors. But what does this really mean for everyday savers?

We break down the differences between traditional 401k offerings and these new alternatives, discuss the risks and potential rewards, and share questions you should ask yourself before making any changes to your investment lineup.

• [00:00] Exploring 401k alternative assets.
• [05:56] 401k market shift & fee impact.
• [06:57] Potential high returns vs. risks.
• [11:06] Private equity and closed-end funds.
• [13:59] The differences between public REITs and private real estate.
• [16:34] Private investments and evaluating portfolio fit.

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📰 See the full show notes here

🌐 Sign up here to receive a detailed pre-retirement checklist to ensure you are positioned to experience your ideal retirement.