Robert Brokamp

speaker

4,580 appearances 41 recordings 3 series first heard Oct 2025 last heard yesterday

Robert Brokamp’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 41 in all, peaking in Sep 2026 with 5.

Appearances

newest first · ▶ plays the moment

Motley Fool Hidden Gems Investing · In Retirement, More Spending Leads to Higher Taxes · 8 Aug 2026 podcast

He showed matched

how much we could accumulate 20, 30, 40 years down the road if we just started investing even a little bit. matched

at our young ages. matched

That lesson stuck with me and was one of the reasons why I opened an IRA in my early twenties. matched

If you'd like to provide that kind of lesson to the young people in your life, then I invite you to be among the first to experience the Full Community Foundation's new tool, the Fordometer, before it launches in classrooms this fall. matched

Through interactive simulations and real-world scenarios, the Fredometer helps students discover how investing can turn small decisions today into long-term wealth. matched

Of course, the number one reason people accumulate wealth is to retire, which brings us to the main topic of today's show. matched

Many factors will determine your ability to retire, but there's one that is at the heart of your money destiny. matched

It's also the one over which you have the most control, and that is your spending. matched

While working, the more you spend, the less you have left over to save. matched

Once you've retired, the more you spend, the higher your withdrawal rate, and the higher the chances that you'll deplete your portfolio. matched

Now that's all common sense, but there's one aspect about spending in retirement that is generally less appreciated. matched

The higher your expenses, the more you have to withdraw from your investment accounts. matched

This often results in higher taxes, which in itself is another expense that necessitates even more withdrawals, which then results in even more taxes, and so on. matched

To illustrate this, let's consider a hypothetical couple with the following particulars. matched

So each spouse is 66 years old. matched

They receive $40,000 a year from Social Security. matched

They claim the standard deduction for 2026, which is $32,200 for married folks, plus an additional $1,650 apiece for couples 65 and older. matched

They each also claim the $6,000 bonus senior deduction available to Citizen 65. matched

Showing 821–840 of 4,580 · page 42 of 229