Jean Chatzky: How to Create a Forever Paycheck for Retirement
The personal finance expert explains why retirees struggle to spend their savings, how to build reliable retirement income, and why she changed her mind about annuities.
Today on the podcast, we welcome back Jean Chatzky. Jean is the author of a new book about retirement planning called The Forever Paycheck: The New Retirement Strategy to Spend More, Worry Less, and Never Run Out of Money. In addition, she has written several other New York Times bestselling books about money and investing. She’s also CEO of HerMoney.com and host of the podcast Her Money with Jean Chatzky. She served as the financial editor of NBC Today for 25 years and is the financial ambassador for AARP. She appeared frequently on CNN and MSNBC, and was a recurring guest on The Oprah Winfrey Show.
The Forever Paycheck: The New Retirement Strategy to Spend More, Worry Less, and Never Run Out of Money https://jeanchatzky.com/books/
Episode Highlights
00:00:00 Introduction
00:01:00 Why Retirees Struggle to Spend
00:05:18 Creating a Retirement Paycheck
00:09:25 Choosing Annuities and Financial Advice
00:20:40 Bridging the Social Security Gap
00:23:40 Managing Sequence-of-Returns Risk
00:28:42 Retirement Planning for Couples and Working Longer
00:37:17 Protecting Against Financial Fraud
00:40:39 How Jean Chatzky Reimagined Retirement
More From The Long View:
Brett Arends: Worried About Outliving Your Money? There’s an Answer https://youtu.be/vvenMk-b8BA?si=rFOoclilS1mw60ZJ
Dana Anspach: Don’t Let Fear Ruin Your Retirement https://youtu.be/gVCpPmnVMJ8?si=kKchCz6kXqr8Gpmz
Stefan Sharkansky: The Retirement Rule That Leaves Too Much Money Behind https://youtu.be/LNigDSimJmo?si=2G-Pea4xhvfElJHe
If you have a comment or a guest idea, please email us at TheLongView@Morningstar.com.
Follow The Long View on social media:
Christine Benz on X (@christine_benz) https://x.com/christine_benz
Ben Johnson on X (@MstarBenJohnson) https://x.com/MstarBenJohnson
Christine Benz on LinkedIn: https://www.linkedin.com/in/christine-benz-b83b523
Amy Arnott on LinkedIn: https://www.linkedin.com/in/amy-c-arnott-cfa-6a1a7331
Ben Johnson on LinkedIn: https://www.linkedin.com/in/ben-johnson-cfa-5a288175
Subscribe to Christine’s weekly newsletter, Improving Your Finances https://www.morningstar.com/newsletters/improving-your-finances
Visit Morningstar.com for new research and insights from Christine, Ben, and Amy.
This episode is sponsored by Vanguard: https://advisors.vanguard.com/engagement/fixed-income
