Good morning. It's hot. 🌶️

Today's email includes:

*A new podcast episode about "risk parity" portfolios, and the three H's of retirement, and the five ways to use your money for good.

*An old article about "benefits hacking" - an immoral practice, or a genius way of playing within the rules?

*Some great content from others, including a great chat

Are You Hoarding, Hustling, or Harvesting?

In this new podcast episode, I was joined by Frank Vazquez -- retired attorney, creator of Risk Parity Radio, and one of the most distinctive voices in the retirement planning space. We discussed building resilient portfolios, spending confidently in retirement, and avoiding the traps that keep investors working longer than they need to.

Frank explains the philosophy behind risk parity investing, arguing that most traditional portfolios are far less diversified than investors realize.

Our discussion explores the difference between accumulating wealth and learning to spend it, why many retirees struggle to transition from "hustling" and "hoarding" to "harvesting," and how focusing on the five ways that spending brings happiness can help retirees create a more fulfilling financial plan.

Tune in below:

"Benefits Hacking" - Are You a Genius or Grifter?

Many government benefits are based on income, not net worth.

So what happens when a wealthy person makes their income disappear?

What happens when a multi-millionaire is on food stamps – yes, you read that right.

Is it savvy financial planning or an ethical gray area?

Is this “benefits hacking” a way of unfairly gaming the system or justly playing by the rules?

And how can "normal" investors and retirees like us learn (or avoid) lessons from these tactics?

The Top 3...

Other great finance and retirement content from the past week:

*Seven misconceptions about retirement planning. They're ALL on the money, except #6 IMO.

*Preparing for a lost decade in the stock market.

*An entertaining and helpful chat between Nick Maggiulli and Scott Galloway​

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What Are *Your* Questions?

My most popular podcast episodes are the "ask me anything" episodes. Check them out here:

I'm collecting questions for AMAs 20 and 21.
​
Reply to this email with your question.

Or submit a question directly from my website.

Retirement Planning Can Be Complex...

Retirement is a puzzle. How's yours looking?

I help people solve that puzzle.

I'm a Partner at a fee-only fiduciary retirement planning firm. We work with clients all over the USA.

We help our clients answer the toughest retirement questions:

• Have we saved enough to retire?
• Is our portfolio invested the right way?
• How do we minimize taxes?
• How do we plan for healthcare - especially before Medicare?!
• ...and the list goes on!!

If you're planning for retirement, visit PlanWithJesse.com and let's start a conversation.

Until Next Week

Thank you for reading, listening, and writing back.

People like you send me questions every day.

Reply below. I'd love to hear from you. ​​

Until next week,

Jesse Cramer