New "Bogleheads on Investing podcast" Christine Benz discusses taxes, SECURE 2.0 and safe withdrawal rates in retirement

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Rick Ferri
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New "Bogleheads on Investing podcast" Christine Benz discusses taxes, SECURE 2.0 and safe withdrawal rates in retirement

Post by Rick Ferri »

Christine Benz, CFP®, is Morningstar's Director of Personal Finance and the co-host of The Long View Podcast. We discuss 2022 taxes and how SECURE Act 2.0 will affect 2023 taxes and beyond. We also dive into a safe withdrawal rate during retirement and discuss how changing market valuations, inflation expectations, and the "spending smile" during retirement affects the amount you can reasonably withdraw.

HERE> Episode 054: Christine Benz discusses taxes and safe withdrawal rates in retirement

This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is greatly appreciated.

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Re: New "Bogleheads on Investing podcast" Christine Benz discusses taxes, SECURE 2.0 and safe withdrawal rates in retire

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Good stuff!
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Re: New "Bogleheads on Investing podcast" Christine Benz discusses taxes, SECURE 2.0 and safe withdrawal rates in retire

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Thanks Rick, really enjoyed the podcast and found it very insightful.
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Re: New "Bogleheads on Investing podcast" Christine Benz discusses taxes, SECURE 2.0 and safe withdrawal rates in retire

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robertfromtx wrote: Sun Jan 29, 2023 7:22 pm Thanks Rick, really enjoyed the podcast and found it very insightful.
Thank you!
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Re: New "Bogleheads on Investing podcast" Christine Benz discusses taxes, SECURE 2.0 and safe withdrawal rates in retire

Post by GP813 »

Christine Benz is one of the best financial podcasters, always liked her interviewing style and the clear way she presents information but still lets the guest get their point across. The Secure Act 2.0 is so confusing, way too many moving parts that are dependent on the retirement plan the employer offers the individual. I really wish there was a standardized/nationalized retirement system that was an option for people.
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Re: New "Bogleheads on Investing podcast" Christine Benz discusses taxes, SECURE 2.0 and safe withdrawal rates in retire

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Thanks for the interview, it was worth a listen. Just one teeny piece of advice: when discussing return assumptions, it wasn’t always clear to me whether they were real or nominal. I like to think in terms of real expected returns for, e.g., stocks, so that I don’t need to keep track of the inflation assumption as well.
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Re: New "Bogleheads on Investing podcast" Christine Benz discusses taxes, SECURE 2.0 and safe withdrawal rates in retire

Post by Stinky »

It was great to hear two of the “giants” of Boglehead World on this podcast.

It’s good to hear that the lineup for the 2023 BH Conference speakers is coming together nicely.
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Re: New "Bogleheads on Investing podcast" Christine Benz discusses taxes, SECURE 2.0 and safe withdrawal rates in retire

Post by rbwb »

Great podcast as usual.
Spot on advice from Rick about the SSA 44 form for IRMA adjustment due to Life Changing Event.
I retired in 2022 and was expecting a huge headache getting that IRMA changed but it was really simple.
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Re: New "Bogleheads on Investing podcast" Christine Benz discusses taxes, SECURE 2.0 and safe withdrawal rates in retire

Post by Rick Ferri »

frugalecon wrote: Mon Jan 30, 2023 4:06 pm Thanks for the interview, it was worth a listen. Just one teeny piece of advice: when discussing return assumptions, it wasn’t always clear to me whether they were real or nominal. I like to think in terms of real expected returns for, e.g., stocks, so that I don’t need to keep track of the inflation assumption as well.
Good point. The median 4% fixed income and 7% global equity expectation over 10 years was nominal. The median inflation expectation from the forecasters is around 3%, making the real expected returns 1% for fixed and 4% for equity.

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Re: New "Bogleheads on Investing podcast" Christine Benz discusses taxes, SECURE 2.0 and safe withdrawal rates in retire

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Re: New "Bogleheads on Investing podcast" Christine Benz discusses taxes, SECURE 2.0 and safe withdrawal rates in retire

Post by Barry Barnitz »

Hi all:

We have completed the transcript for Episode 54 with Christine Benz: Bogleheads on Investing with Christine Benz: Episode 54

regards,
The transcript team
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Re: New "Bogleheads on Investing podcast" Christine Benz discusses taxes, SECURE 2.0 and safe withdrawal rates in retire

Post by mkc »

I listened to the podcast today - great information and I particularly appreciated Rick's reminder to be cautious doing conversions, etc., if an early retiree/pre-Medicare age and their impact on ACA premium tax credits.
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