In this episode of the Happiness in Retirement podcast, I delve into the critical topic of life insurance, specifically focusing on the differences between term insurance and whole life insurance. Building on our previous discussion about the four risks to retirement, I emphasize the importance of having adequate life insurance to protect your family from the financial impact of dying too soon. I explain the concept of economic life value, which highlights that your ability to earn income is you...
Aug 23, 2025•20 min•Ep. 19
Episode Synopsis: Understanding the Four Core Financial Risks in Retirement Welcome back to the Happiness in Retirement podcast! I’m your host, Bill Del-Sette, founder of Del-Sette Capital Management. After a refreshing summer hiatus, we’re excited to dive back into the essential topics that can help you secure a fulfilling retirement. In this episode, we tackle a subject that often gets overlooked: the four core financial risks that everyone should be aware of as they plan for retirement. As we...
Aug 20, 2025•23 min•Ep. 18
In this episode of the Happiness in Retirement podcast, I delve into the profound question of what constitutes a good life, particularly in the context of retirement. Let's explore whether happiness is the ultimate goal, or if there are deeper elements that contribute to a fulfilling life.
May 18, 2025•18 min•Ep. 17
In this episode of the Happiness in Retirement podcast, I, Bill Del Sette, delve into two fascinating concepts that can significantly impact your retirement experience: the U-bend of happiness and the retirement income smile. We begin by exploring the U-bend of happiness, a pattern observed in life satisfaction that shows people tend to be happiest in their youth and later years, with a dip in happiness during midlife, typically in the 40s and early 50s. This phenomenon is backed by extensive re...
May 11, 2025•16 min•Ep. 16
In this episode of the Happiness in Retirement podcast, I delve into the multifaceted topic of retirement, sparked by the recent announcement of Warren Buffett's retirement at the age of 94. I reflect on the reasons why people choose to retire or continue working, drawing from my 30 years of experience as a retirement planner. We begin by exploring the historical context of retirement, tracing its origins back to agrarian societies where the concept was virtually nonexistent. I discuss how the i...
May 04, 2025•21 min•Ep. 15
In this episode of the Happiness in Retirement podcast, I delve into the critical mistakes that individuals often make when transitioning from the growth or accumulation phase of their financial lives to the enjoyment or distribution phase of retirement. As we approach the magical age of financial independence, it’s essential to shift our mindset and strategies regarding investments, and I highlight the common pitfalls that can jeopardize a secure retirement. The first mistake I discuss is the t...
Mar 13, 2025•20 min•Ep. 14
In this episode of the Happiness in Retirement podcast, I, delve into the crucial relationship between your money mindset and your overall life context. We explore how your core beliefs and attitudes about money significantly influence your financial decisions and success. Drawing on concepts from Werner Erhard and Stephen Covey, I emphasize the importance of having an empowering context for your life, which can help you maintain a positive money mindset, even in challenging circumstances. I int...
Mar 09, 2025•20 min•Ep. 13
In this episode of the Happiness in Retirement podcast, I delve into the crucial topic of determining a safe withdrawal rate from your retirement portfolio. We explore the complexities of retirement planning in the real world, where factors like inflation, taxes, market volatility, and longevity risk come into play. I begin by painting a hypothetical scenario where everything is perfect—no inflation, no taxes, and guaranteed returns—before transitioning to the realities we face. We discuss the c...
Feb 20, 2025•21 min•Ep. 12
Episode Synopsis: Seamless Wealth Succession In this episode of the Happiness in Retirement Program podcast, we delve into the critical topic of estate planning and asset protection, wrapping up a series of discussions we've had over the past few weeks. We begin by highlighting the importance of having a solid estate plan, using the example of the late musician Prince, who famously died without a will. This lack of planning can lead to the government deciding how your assets are distributed, whi...
Feb 07, 2025•24 min•Ep. 11
In this episode of the Happiness in Retirement podcast, I delve into the concept of "Swedish death cleaning," a mindful decluttering process that emphasizes the importance of keeping only those possessions that hold true meaning for us and our loved ones. I begin by discussing the hedonistic treadmill, where the pursuit of material possessions often leads to fleeting moments of happiness, leaving us in a cycle of constant consumption without true fulfillment. As we explore the theme of estate an...
Jan 24, 2025•16 min•Ep. 10
In this episode of the Happiness in Retirement Program, I delve into two powerful charitable giving strategies: Qualifying Charitable Donations (QCDs) and Donor Advised Funds (DAFs). We start by discussing the current tax landscape, particularly the impact of the 2017 Tax Cut and Jobs Act, which significantly increased the standard deduction and limited itemized deductions, leading to a decline in charitable giving. I explain how QCDs allow individuals over 70 and a half to donate directly from ...
Jan 18, 2025•19 min•Ep. 9
Plan Your Digital Estate Now In an increasingly digital world, the assets we accumulate are not just physical items; they often reside in the intangible realm of the internet. From social media accounts to cryptocurrencies, these digital assets can hold significant sentimental and monetary value. However, many individuals remain unaware of the importance of planning for the distribution and management of these assets after death or incapacitation. Continue reading for actionable steps to ensure ...
Jan 10, 2025•23 min•Ep. 8
The Go-Go years of retirement are when you are healthy, have free-time, and can enjoy the fruits of your labor. Sooner or later, you will slow down because of health related issues. But what if you could increase your healthy retirement years? Tune in to find out more.
Dec 08, 2024•29 min•Ep. 7
How do you choose between contributing to a traditional, tax deferred 401K or a Roth 401K? Are you just guessing when you choose between contributing to one or the other? Watch this episode of the Happiness in Retirement Webcast to help you make the best choice.
Dec 01, 2024•26 min•Ep. 6
Step one of the financial planning process is to create goals around what matters most to you. Check-out this episode to learn three ways to get inspired about your future and to create targets that you will be motivated to act on in your plan.
Nov 24, 2024•23 min•Ep. 5
Their are four steps to crafting your financial plan, and if you miss any of them, it could derail your financial future. Tune-in to learn the the four steps and why you should follow them in a certain order to maximize your chances of success.
Nov 17, 2024•21 min•Ep. 4
You probably learned about the miracle of compound interest in grade school, but they probably didn't teach you about the ever increasing, compound tax it can create. In this episode of the Happiness in Retirement podcast, I'll illustrate and present some potential solutions.
Nov 10, 2024•24 min•Ep. 3
Many people use a needs based approach to figuring out how much life insurance they need, but it leaves them woefully underinsured. Tune-in to learn how to use replacement value and economic life value to determine the real loss experienced if you pass away too soon.
Nov 03, 2024•20 min•Ep. 2
In this episode of the Happiness and Retirement Program podcast, host Bill Del Sette draws insights from an Aesop's Fable to illustrate two distinct types of people when it comes to money management—those who save and plan (the ants) and those who spend impulsively (the grasshoppers). Del Sette explores the motivations behind these financial behaviors and sets the stage for future discussions on how to approach retirement with a focus on happiness and fulfillment. Tune in to discover how to navi...
Oct 24, 2024•21 min•Ep. 1
The happiness in retirement podcast is a holistic financial planning show that teaches you how to maximize your wealth and your happiness, and its for anyone who wants to squeeze all the juice out of their life - and their money.
Oct 24, 2024•1 min•Ep. 1
