The industry likes to push investors into popular and predictable investments with low returns and low diversification. The result of this is a dwindling portfolio and an inflation problem in your 80s and beyond. Listen along as Paul explains why the strategies and products that promise you “safety” will actually lead to you running out of money at the worst possible time: after you are no longer able to work.

Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at www.paulwinkler.com/relax and take the stress out of planning your retirement.

Today, Paul continues a conversation about how markets work and how that guides the investments that should go into your portfolio. Listen along as Paul explains what happens when an opportunity to take advantage of the market occurs, and how attempting to time the market feels exciting but leaves you with a portfolio that is a fraction of what it could be.

Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at www.paulwinkler.com/relax and take the stress out of planning your retirement.

Paul finds a segment on CNBC that is pushing a new investment book called “How to Make Money in Any Market.” The host and author seem really into the topic of helping the average investor make wise decisions — until you start to hear what some of the advice is. Listen along to find out why the advice may seem nice when you’re watching television, but the author is more likely to make money selling the book than you are by doing what it says.

Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at www.paulwinkler.com/relax and take the stress out of planning your retirement.

Today, Paul and Jim talk about a WSJ article that explains how companies are charging 15–20% annual fees to customers who are trying to play the market like a slot machine. Listen along as Paul shares the slippery slope from being afraid of the future, wanting to get ahead, and then trusting the past performance of a fund or manager to try to play catch-up. Later in the episode, Paul talks about how QCDs are a great opportunity to give back to your community.

Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at www.paulwinkler.com/relax and take the stress out of planning your retirement.

Jim brings the results of a survey of financial planners on what they believe is most important for their clients in 2025. The results are absolutely underwhelming. Listen along as Paul and Jim process how the industry got to this state where half of the advisors don’t even believe that a product really needs to be suitable for you if it has other qualities. Later in the episode, “finfluencers” (financial influencers) have taken over the internet. Their job is to look smart and help companies sell products by gaining your trust.

Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at www.paulwinkler.com/relax and take the stress out of planning your retirement.

Today, Paul and Evan discuss a common fear among today’s employees: Will AI replace my job? Listen along to hear why so many companies are adopting this innovation, how it could affect your job, and why, as an investor, you should be optimistic about how this could impact markets going forward. Later in the episode, Paul and Evan remember the late John Clements, a prominent British financial writer for The Wall Street Journal who passed away last month.

Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at www.paulwinkler.com/relax and take the stress out of planning your retirement.

Evan and Paul talk about some research Paul put together around an average annuity payout. Initially, the payout looks okay — until you factor in inflation. Listen along as these two advisors explain why giving your retirement savings to an insurance company may look great now, but it will leave you with a fraction of the purchasing power in the future.

Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at www.paulwinkler.com/relax and take the stress out of planning your retirement.

Gold is up 39% this year, largely due to the uncertainty in markets created by Trump’s trade policy. The problem is that gold is just a commodity, and its value is based on what someone is willing to pay for it. Today, Paul and Evan discuss why gold’s price rise is circumstantial and why educated investors still prefer diversification and buying and holding over buying something when it’s hot and hoping to get out before it goes down.

Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at www.paulwinkler.com/relax and take the stress out of planning your retirement.