{"podcast":{"title":"Retire With Style","slug":"retire-with-style-5225834","podcast_index_feed_id":5225834,"rss_url":"https://feed.podbean.com/retirewithstyle/feed.xml","website_url":"https://retirewithstyle.podbean.com","image_url":"https://pbcdn1.podbean.com/imglogo/image-logo/13684325/Retire_with_Style_Cover87fom.jpg","author":"Wade Pfau & Alex Murguia","episode_count":100,"summary":"The purpose of Retire With Style is to help you discover the retirement income plan that is right for you. The first step is to discover your retirement income personality. Your hosts Wade Pfau, PhD, CFA, RICP and Alex Murguia, PhD walk you through creating and implementing a retirement plan that will help you reach your goals, and that you’ll be able to stick with. Start by going to risaprofile.com/style and sign up to take the industry’s first financial personality tool for retirement planning.","last_synced_at":"2026-07-22T08:21:31.121809+00:00","page_url":"https://stenobird.com/podcast/retire-with-style-5225834"},"episode":{"title":"Episode 234: Cash in Retirement: When to Hold It, When to Invest It","slug":"episode-234-cash-in-retirement-when-to-hold-it-when-to-invest-it","published_at":"2026-06-23T19:45:16+00:00","page_url":"https://stenobird.com/podcast/retire-with-style-5225834/episode-234-cash-in-retirement-when-to-hold-it-when-to-invest-it","show_page_url":"https://stenobird.com/podcast/retire-with-style-5225834","url":"https://retirewithstyle.podbean.com/e/episode-234/","audio_url":"https://op3.dev/e/mcdn.podbean.com/mf/web/bt58fbjkthf2vidi/Episode_234_Cash_in_Retirement_When_to_Hold_It_When_to_Invest_It9ivrg.mp3","summary":"n this final part of the Retire With Style Live Q&A, Wade Pfau and Alex Murguia answer a wide range of retirement planning questions covering annuities and life insurance surrender charges, the financial impact of losing a spouse, Roth conversions as a hedge against the ”widow’s tax penalty,” tax-loss harvesting through direct indexing, dividend reinvestment strategies in retirement accounts versus taxable accounts, HSA withdrawal rules after age 65, and appropriate cash allocations in retirement portfolios. Throughout the discussion, they emphasize the importance of tax planning, understanding how different retirement income strategies align with personal preferences, and avoiding one-size-fits-all approaches when managing retirement assets and income. Listen now to learn more! Takeaways Surrendering an annuity early can trigger surrender charges, while permanent life insurance policies often take many years before cash value exceeds premiums paid. The death of a spouse can create significant tax challenges because the surviving spouse typically moves from married filing jointly to single tax brackets. Roth conversions can be an effective strategy for reducing future RMD burdens and mitigating the ”widow’s tax penalty” for a surviving spouse. Direct indexing and tax-loss harvesting allow investors to capture losses while remaining invested, potentially creating future tax benefits and improving after-tax outcomes. Tax-loss harvesting is no longer just for ultra-high-net-worth investors, as technology has made these strategies more accessible and scalable. In IRA accounts, continuing to reinvest dividends during retirement generally remains the simplest and most efficient approach. In taxable brokerage accounts, turning off automatic dividend reinvestment can make reba…","meta_description":"n this final part of the Retire With Style Live Q&A, Wade Pfau and Alex Murguia answer a wide range of retirement planning questions covering annuities an…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2082,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/retire-with-style-5225834/episodes/episode-234-cash-in-retirement-when-to-hold-it-when-to-invest-it/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/retire-with-style-5225834/episode-234-cash-in-retirement-when-to-hold-it-when-to-invest-it.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}