In this engaging episode of the Redefine Retirement podcast, host Ryan Wheless sits down with retirement policy expert and former Social Security deputy commissioner Jason Fichtner to tackle the biggest retirement fears head-on: running out of money and making the wrong Social Security decision. They dismantle the outdated “breakeven analysis” that pushes most people to claim benefits at 62, showing how delaying to 70 (especially when one spouse is younger) maximizes lifetime income, survivor benefits, and inflation-protected payments — while humorously noting that the real way to “stick it to the government” is to live long and collect bigger checks. The conversation shifts to replacing vanished pensions in today’s 401(k) world, with both strongly advocating protected lifetime income through annuities as an essential “tool in the toolbox” (not a four-letter word), using bridge strategies, bucketing, and a simple 50/30/20 allocation (equities/bonds/guaranteed income) to cover essentials no matter what markets, inflation, or sequence-of-returns risk throw at you. They address Social Security’s 2033–34 trust-fund depletion (yes, benefits will still be there, likely with a gradual ~20% reduction), offer a clever deferred-annuity “insurance policy” against cuts, and highlight behavioral insights — people with guaranteed income sleep through crashes, spend more confidently in retirement, and avoid panic-selling at market bottoms. Packed with actionable reframes, myth-busting, and real hope, it’s a masterclass in building a paycheck-for-life that lets retirees actually enjoy the retirement they worked decades to earn.Subscribe to our YouTube Channel: ⁠⁠https://www.youtube.com/@alliedwealthFollow Allied Wealth on Instagram: https://www.instagram.com/allied_wealth/?hl=enVisit the Allied Wealth website to learn more: https://alliedwealth.com/PRODUCED BY IRONCLAD

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