The Personal Finance Podcast

Vanguard just released research showing the most important factor in retirement is not how much you saved. It is how much you withdraw every single year and most people have no idea what that number should be.

👉 Join Andrew’s FREE Investing for Beginner’s Masterclass: https://event.webinarjam.com/q05p7/register/0o8z9io?webinar_id=21

What You'll Learn in This Episode

Why your retirement balance is not what determines success and what actually does

How reducing your withdrawal rate by just half a percent can add up to five years to how long your money lasts

Why longevity is actually a bigger risk to your retirement than a stock market crash

The default account withdrawal order that can cut your lifetime tax bill by 14%

When Roth conversions actually make sense and the specific window most retirees completely miss

How dynamic spending and guardrails let you spend more in good years without blowing up your plan in bad ones

The one thing Vanguard says people five years from retirement should change immediately

Start Here

Join the community built to help you master your money, stay accountable, and reach financial freedom.

👉 Try Master Money Academy FREE for 7 days today!

https://mastermoney.co/join/

👉 Join Andrew’s FREE Investing for Beginners Masterclass

https://event.webinarjam.com/q05p7/register/0o8z9io?webinar_id=21

👉 Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here!

https://expert-hustler-605.ck.page/6aa7bb9a79

Partner Deals



Indeed → Get a $75 sponsored job credit http://Indeed.com/personalfinance

Wayfair → Up to 60% off | MEMORIAL DAY WAREHOUSE CLEAROUT http://wayfair.com

Policygenius → Free life insurance quote http://policygenius.com

Chime → Get more rewarding fee-free banking at https://www.chime.com/PFP

Monarch Money → The all-in-one financial tool + Get 50% Off at http://www.monarch.com/PFP

Scribe → Sign up for a 30-day risk-free trial ⁠⁠http://www.scribe.how/pfp ⁠

DeleteMe → 20% off with code PFP https://joindeleteme.com/PFP20/

Resource/s Mentioned

Vanguard’s Research Library - https://corporate.vanguard.com/content/corporatesite/us/en/corp/what-we-think/investing-insights/research-library.html

Vanguard’s Retirement Income Research Paper - https://corporate.vanguard.com/content/dam/corp/research/pdf/vanguard_principles_retirement_income.pdf

Episode/s Mentioned

This is THE BIGGEST RISK to Your Retirement Portfolio https://youtu.be/7gXKEy66-bA

Watch Next

How Much More Expensive Has Life ACTUALLY Become Since 2020? https://youtu.be/_n8qUA3NsoI

Chasing a Higher Savings Rate, Semi-Retiring in Our 40s & Rebuilding After Bankruptcy (Money Q&A) https://youtu.be/OobdeA8qYbA

The Best and Worst Frugal Habits (Ranked!) https://youtu.be/_FKJfAjTi-I

She Hit Rock Bottom and Still Built a Six-Figure Life. Here's How. (With Rebecca Whitman) https://youtu.be/wBACCFI2w5s

How do Your Finances Compare by Age?! (Salary, Debt, Net Worth, Credit, Home) https://youtu.be/Z10g-yd76nk

Connect with Garrett

LinkedIn →⁠ ⁠⁠https://www.linkedin.com/in/garrett-harbron-j-d-cfa-cfp%C2%AE-867647a

Connect with Andrew

Website →⁠ https://mastermoney.co ⁠

Instagram → ⁠https://instagram.com/mastermoneyco ⁠

X → ⁠https://x.com/mastermoneyco ⁠

TikTok → ⁠https://tiktok.com/@mastermoneyco ⁠

LinkedIn →⁠ ⁠⁠https://www.linkedin.com/in/andrew-giancola-45027b340 ⁠

YouTube → ⁠https://www.youtube.com/@mastermoneyco/⁠

Question for you:

After hearing this episode, what is the one thing you are changing about how you think about retirement income? Drop it in the comments and tell us what you are doing differently starting this week.
Learn more about your ad choices. Visit megaphone.fm/adchoices

That $100 you had in 2020 only buys $77 worth of goods today. Here is exactly how much more expensive every single category of your life has become since then.

👉 Join Andrew’s FREE Investing for Beginner’s Masterclass: https://event.webinarjam.com/q05p7/register/0o8z9io?webinar_id=21

What You'll Learn in This Episode

Why the 29% inflation number feels like a lie and why it actually is for most households

How home prices rose 53% and why today's buyer finances $100,000 more than six years ago

The grocery items that got hit hardest and why your personal food inflation is higher than the average

Why the average new car payment is now $750 to $940 per month and how to win with cars instead

How childcare now costs more than in-state college tuition in 38 states

The insurance categories quietly draining your budget without you even noticing

What actually got cheaper since 2020 and how to use it to your advantage right now

Start Here

Join the community built to help you master your money, stay accountable, and reach financial freedom.

👉 Try Master Money Academy FREE for 7 days today!

https://mastermoney.co/join/

👉 Join Andrew’s FREE Investing for Beginners Masterclass

https://event.webinarjam.com/q05p7/register/0o8z9io?webinar_id=21

👉 Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here!

https://expert-hustler-605.ck.page/6aa7bb9a79

Partner Deals



Indeed → Get a $75 sponsored job credit http://Indeed.com/personalfinance

Wayfair → Up to 60% off | MEMORIAL DAY WAREHOUSE CLEAROUT http://wayfair.com

Policygenius → Free life insurance quote http://policygenius.com

Chime → Get more rewarding fee-free banking at https://www.chime.com/PFP

Monarch Money → The all-in-one financial tool + Get 50% Off at http://www.monarch.com/PFP

Scribe → Sign up for a 30-day risk-free trial ⁠⁠http://www.scribe.how/pfp ⁠

DeleteMe → 20% off with code PFP https://joindeleteme.com/PFP20/

Tool/s Mentioned

Total Cost of Ownership Calculator https://mastermoney.co/total-cost-of-ownership-calculator/

Auto Insurance https://secure.money.com/pr/h1ba429e808a

Episode/s Mentioned

Is the American Dream Dead? (With Freddie Smith) https://youtu.be/3Ivz8Ts9J2o

The Insurance Crisis Nobody Is Talking About (With Bob Litterman) https://youtu.be/gBuIOQKQgFM

Watch Next

Chasing a Higher Savings Rate, Semi-Retiring in Our 40s & Rebuilding After Bankruptcy (Money Q&A) https://youtu.be/OobdeA8qYbA

The Best and Worst Frugal Habits (Ranked!) https://youtu.be/_FKJfAjTi-I

She Hit Rock Bottom and Still Built a Six-Figure Life. Here's How. (With Rebecca Whitman) https://youtu.be/wBACCFI2w5s

How do Your Finances Compare by Age?! (Salary, Debt, Net Worth, Credit, Home) https://youtu.be/Z10g-yd76nk

How to Retire in 10 Years or Less! https://youtu.be/nStwD03vJ64

Connect with Andrew

Website →⁠ https://mastermoney.co ⁠

Instagram → ⁠https://instagram.com/mastermoneyco ⁠

X → ⁠https://x.com/mastermoneyco ⁠

TikTok → ⁠https://tiktok.com/@mastermoneyco ⁠

LinkedIn →⁠ ⁠⁠https://www.linkedin.com/in/andrew-giancola-45027b340 ⁠

YouTube → ⁠https://www.youtube.com/@mastermoneyco/⁠

Question for you:

What is the one expense in your life right now that feels completely out of control compared to just a few years ago? Drop it in the comments and tell us what you are doing about it.
Learn more about your ad choices. Visit megaphone.fm/adchoices

One episode that covers everything from bankruptcy recovery to retiring in your 40s.

👉 Join Andrew’s FREE Investing for Beginner’s Masterclass: https://event.webinarjam.com/q05p7/register/0o8z9io?webinar_id=21

What You'll Learn in This Episode

Whether rate chasing your high-yield savings account is actually worth the time and the math behind it

The exact steps to rebuild your finances and your credit after filing for bankruptcy

How to find a CPA who earns more than they cost and the questions to ask before hiring one

When a financial advisor actually makes sense and when you are better off without one

Why a 32-year-old with $900K in net worth should be thinking about a taxable brokerage account instead of maxing retirement accounts

Three new scams targeting everyday people right now including QR code fraud and fake finance apps

Why SGOV might be a smarter place to park short-term cash than your high-yield savings account

Start Here

Join the community built to help you master your money, stay accountable, and reach financial freedom.

👉 Try Master Money Academy FREE for 7 days today!https://mastermoney.co/join/

👉 Join Andrew’s FREE Investing for Beginners Masterclasshttps://event.webinarjam.com/q05p7/register/0o8z9io?webinar_id=21

👉 Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here! https://expert-hustler-605.ck.page/6aa7bb9a79

Partner Deals



Indeed → Get a $75 sponsored job credit http://Indeed.com/personalfinance

Wayfair → Up to 60% off | MEMORIAL DAY WAREHOUSE CLEAROUT http://wayfair.com

Policygenius → Free life insurance quote http://policygenius.com

Chime → Get more rewarding fee-free banking at https://www.chime.com/PFP

Monarch Money → The all-in-one financial tool + Get 50% Off at http://www.monarch.com/PFP

Scribe → Sign up for a 30-day risk-free trial ⁠⁠http://www.scribe.how/pfp ⁠

DeleteMe → 20% off with code PFP https://joindeleteme.com/PFP20/

Tool/s Mentioned

Automate Your Entire Money System in One Weekend https://courses.mastermoney.co/automate-your-money-checklist

How To Find The Right CPA: Questions To Ask https://expert-hustler-605.kit.com/7476361316

Book/s Mentioned

Brandon Turner Books (BiggerPockets Publishing):

The Book on Investing in Real Estate with No (and Low) Money Down

The Book on Managing Rental Properties

The Book on Rental Property Investing

Robert Kiyosaki Books (Mindset):

Rich Dad Poor Dad

The CashFlow Quadrant

Single-Family Focus:

Building Wealth One House at a Time by John Schaub

Motivational/Foundational:

The Millionaire Real Estate Investor by Gary Keller

Apartments/Multifamily:

Ken McElroy's books on apartment investing (published by Kiyosaki's company)

Numbers/Analysis:

What Every Real Estate Investor Needs to Know About Cash Flow by Frank Gallinelli

Creative Financing:

Pace Morby's book on creative financing (published by BiggerPockets)

Episode/s Mentioned

The 1-3-6 Method For Building & Managing Your Emergency Fund https://youtu.be/rGdII_Z0hnw

How to Automate Your Finances (Money on Autopilot!) https://youtu.be/Fenu_LtdmZU

How to Access Your Retirement Accounts EARLY (Roth IRA Conversion Ladder for the FIRE Movement) https://youtu.be/ut8rDIJ1kSI

The Financial Freedom “Stack” ANYONE Can Use to Retire Early (BiggerPockets) https://youtu.be/ElRrBDz7e1U?si=62baruuyFgdIJdeb

Watch Next

The Best and Worst Frugal Habits (Ranked!) https://youtu.be/_FKJfAjTi-I

She Hit Rock Bottom and Still Built a Six-Figure Life. Here's How. (With Rebecca Whitman) https://youtu.be/wBACCFI2w5s

How do Your Finances Compare by Age?! (Salary, Debt, Net Worth, Credit, Home) https://youtu.be/Z10g-yd76nk

How to Retire in 10 Years or Less! https://youtu.be/nStwD03vJ64

The Hidden Cost of Playing It Safe with Your Money with Ben Carlson https://youtu.be/LG1Jr2xeuDo

Connect with Andrew

Website →⁠ https://mastermoney.co ⁠

Instagram → ⁠https://instagram.com/mastermoneyco ⁠

X → ⁠https://x.com/mastermoneyco ⁠

TikTok → ⁠https://tiktok.com/@mastermoneyco ⁠

LinkedIn →⁠ ⁠⁠https://www.linkedin.com/in/andrew-giancola-45027b340 ⁠

YouTube → ⁠https://www.youtube.com/@mastermoneyco/⁠

Question for you:

If you could ask Andrew one money question live on the show right now, what would it be? Drop it in the comments and join the Master Money newsletter to make it happen.
Learn more about your ad choices. Visit megaphone.fm/adchoices

Most people think being frugal means cutting every expense. The truth is, some frugal habits build wealth while others actually keep you poor.

👉 Join Andrew’s FREE Investing for Beginner’s Masterclass: https://event.webinarjam.com/q05p7/register/0o8z9io?webinar_id=21 

What You'll Learn in This Episode

The difference between being frugal and simply being cheap

Which everyday habits actually move the needle on your net worth

Why your time is often worth more than saving a few dollars

The highest ROI frugal habits that can save you thousands every year

How to spend more on the things you truly value while cutting back elsewhere

Which "money-saving" habits are secretly wasting your time and energy

Andrew's S-Tier, A-Tier, B-Tier, C-Tier, D-Tier, and F-Tier rankings for 27 popular frugal habits

Start Here 

Join the community built to help you master your money, stay accountable, and reach financial freedom.  

👉 Try Master Money Academy FREE for 7 days today!https://mastermoney.co/join/

👉 Join Andrew’s FREE Investing for Beginners Masterclass https://event.webinarjam.com/q05p7/register/0o8z9io?webinar_id=21

👉 Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here! https://expert-hustler-605.ck.page/6aa7bb9a79

Partner Deals

 

Indeed → Get a $75 sponsored job credit http://Indeed.com/personalfinance 

Wayfair → Up to  60% off | MEMORIAL DAY WAREHOUSE CLEAROUT http://wayfair.com   

Policygenius → Free life insurance quote http://policygenius.com 

Chime → Get more rewarding fee-free banking at https://www.chime.com/PFP  

Monarch Money → The all-in-one financial tool + Get 50% Off at http://www.monarch.com/PFP 

Scribe → Sign up for a 30-day risk-free trial ⁠⁠http://www.scribe.how/pfp ⁠

DeleteMe → 20% off with code PFP https://joindeleteme.com/PFP20/ 

Resource/s Mentioned

Favorite Credit Cards https://milevalue.com/best-credit-cards/?aff=mastermoney#favorites 

Car Insurance Comparison https://secure.money.com/pr/gc43ce394da5 

Book/s Mentioned

Early Retirement Extreme 

Think and Grow Rich by Napoleon Hill

Episode/s Mentioned

How to Negotiate Your Bills (and SAVE 6-Figures!) https://youtu.be/bgIcmuK7FK8 

Why You Should Negotiate Every Bill With Nicole Lapin https://mastermoney.co/the-personal-finance/why-you-should-negotiate-every-bill-with-nicole-lapin/ 

How to Negotiate Your Rent Like A Pro (and win the negotiation!) https://mastermoney.co/the-personal-finance/how-to-negotiate-your-rent-like-a-pro-and-win-the-negotiation/ 

Watch Next

She Hit Rock Bottom and Still Built a Six-Figure Life. Here's How. (With Rebecca Whitman) https://youtu.be/wBACCFI2w5s 

How do Your Finances Compare by Age?! (Salary, Debt, Net Worth, Credit, Home) https://youtu.be/Z10g-yd76nk 

How to Retire in 10 Years or Less! https://youtu.be/nStwD03vJ64 

The Hidden Cost of Playing It Safe with Your Money with Ben Carlson https://youtu.be/LG1Jr2xeuDo 

The Patient Investor's Playbook with Noah Kerner - CEO of Acorns https://youtu.be/l5YZy2q_aVY 

Connect with Andrew

Website →⁠ https://mastermoney.co ⁠

Instagram → ⁠https://instagram.com/mastermoneyco ⁠

X → ⁠https://x.com/mastermoneyco ⁠

TikTok → ⁠https://tiktok.com/@mastermoneyco ⁠

LinkedIn →⁠ ⁠⁠https://www.linkedin.com/in/andrew-giancola-45027b340 ⁠

YouTube → ⁠https://www.youtube.com/@mastermoneyco/⁠ 

Question for you:

Which frugal habit has made the biggest difference in your finances and which one do you think is a complete waste of time?
Learn more about your ad choices. Visit megaphone.fm/adchoices

Two life-altering losses in one week. One record-breaking fiscal year. Here is what she did differently while everything else was falling apart.

👉 Join Andrew’s FREE Investing for Beginner’s Masterclass: https://event.webinarjam.com/q05p7/register/0o8z9io?webinar_id=21

What You'll Learn in This Episode

The seven pillars of abundance and why financial success collapses when the others are ignored

Why high achievers who look successful are often secretly burned out and broke in ways that never show up on paper

The real reason most side hustles never turn into meaningful income

How to know when you have enough financial security to leave your job for your side hustle

Why coming from contribution instead of desperation completely changes your business outcomes

The mindset shift that helped Rebecca build her best fiscal year ever the same week she lost her father and finalized her divorce

What the personal finance world gets wrong about budgeting and why it backfires for most people

Start Here

Join the community built to help you master your money, stay accountable, and reach financial freedom.

👉 Try Master Money Academy FREE for 7 days today!

https://mastermoney.co/join/

👉 Join Andrew’s FREE Investing for Beginners Masterclass

https://event.webinarjam.com/q05p7/register/0o8z9io?webinar_id=21

👉 Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here!

https://expert-hustler-605.ck.page/6aa7bb9a79

Partner Deals

Indeed → Get a $75 sponsored job credit http://Indeed.com/personalfinance

Policygenius → Free life insurance quote http://policygenius.com

Chime → Get more rewarding fee-free banking at https://www.chime.com/PFP

Monarch Money → The all-in-one financial tool + Get 50% Off at http://www.monarch.com/PFP

Wayfair → Up to 60% off | MEMORIAL DAY WAREHOUSE CLEAROUT http://wayfair.com
Scribe → Sign up for a 30-day risk-free trial ⁠⁠scribe.how/pfp⁠

DeleteMe → 20% off with code PFP https://joindeleteme.com/PFP20/

Book/s Mentioned

The Four Agreements by Don Miguel Ruiz

Watch Next

How do Your Finances Compare by Age?! (Salary, Debt, Net Worth, Credit, Home) https://youtu.be/Z10g-yd76nk

How to Retire in 10 Years or Less! https://youtu.be/nStwD03vJ64

The Hidden Cost of Playing It Safe with Your Money with Ben Carlson https://youtu.be/LG1Jr2xeuDo

The Patient Investor's Playbook with Noah Kerner - CEO of Acorns https://youtu.be/l5YZy2q_aVY

The Best Ages to Build Wealth (Ranked!) https://youtu.be/JIZ1WrS91v4

Connect with Rebecca

Website: https://rebeccawhitman.com/

Facebook: https://www.facebook.com/rebecca.whitman

Instagram: https://www.instagram.com/rebeccaewhitman/

X: https://x.com/RebeccaEWhitman

LinkedIn: https://www.linkedin.com/in/rebeccaewhitman/

YouTube: https://www.youtube.com/@rebeccaewhitman

Connect with Andrew

Website →⁠ https://mastermoney.co ⁠

Instagram → ⁠https://instagram.com/mastermoneyco ⁠

X → ⁠https://x.com/mastermoneyco ⁠

TikTok → ⁠https://tiktok.com/@mastermoneyco ⁠

LinkedIn →⁠ ⁠⁠https://www.linkedin.com/in/andrew-giancola-45027b340 ⁠

YouTube → ⁠https://www.youtube.com/@mastermoneyco/⁠

Question for you:

Have you ever chased money thinking it would fix everything else in your life? Drop what happened and what you learned in the comments below.
Learn more about your ad choices. Visit megaphone.fm/adchoices