Podcasts about Pension

Hosting on 6 Music has long been Elis's back up for if John ever retires at Project 2032. Sadly Dave reveals some news which could cause deep damage to this long term strategy. Some surprises cause more anguish than others.Plus Dave and Elis are officially tired of the titling of the Sir Right Honourable Sir Dr John Robins MBE Esq, and Adrian has too much chard. What on earth is he to do?Know what to do with too much veg? Well send it to hello@elisandjohn.com. And do get yourself on the Patreon, as, despite the remarkably convoluted plug the boys try to do, Dave is keen to stress that it's dead good and ad free. Hosted on Acast. See acast.com/privacy for more information.

Retirement planning is often seen as a numbers game—ensuring that you have saved enough, invested wisely, and built a strategy that will comfortably carry you through what should be your golden years. But those numbers only tell part of the story, the test of any retirement plan is not just whether it works on paper for two people, but if it can be carried by the one who is left after loss.This episode is inspired by real-world challenges clients face, so I'm sharing my survivor stress test to help you refine your financial strategies before life throws the unthinkable your way.The Hidden Vulnerability in Retirement PlanningAlmost all plans in America focus on a couple, but the reality is that over half of married people will face widowhood or widowerhood, many while still managing mortgages, careers, and family responsibilities.Even if a plan “works” on paper—if the accounts are titled correctly, the math checks out, and the legal documents are in place—it could still fail the test of usability. The plan needs to be more than mathematically correct; it has to be understandable and executable by the survivor, who, in their time of greatest stress and vulnerability, may face complexities and choices they have never encountered before.Understanding the Survivor Stress TestThe survivor stress test is a framework for couples and individuals to ask a critical question: If one of us were to die first, would the other understand the plan and feel able to carry it forward? Passing this test requires looking beyond adequacy to usability. In many households, one person manages the finances, knows the passwords, talks to the accountant, and understands the cash flow. The other often does not, and this can leave the survivor in a precarious position, especially when they're grieving.The Income Cliff: What Changes After LossOne of the most immediate and impactful changes after the death of a spouse is the income cliff. Social Security survivor rules are not always intuitive, and when one spouse dies, the surviving spouse receives the larger of the two checks, but the smaller check disappears permanently. This can mean an instant loss of 30-40% of household Social Security income, even as most expenses, like mortgages and property taxes, remain largely intact.Pension decisions loom even larger. Choosing a single-life payout maximizes current benefits but leaves the survivor with nothing, whereas a joint and survivor annuity, though slightly smaller each month, ensures continuing income. These decisions, made far in advance, cannot be revisited and must be carefully weighed in light of the survivor's probable needs.The Unseen Tax PenaltiesMost people are unprepared for the surprising tax “penalties” that come with widowhood. Filing status shifts from married filing jointly to single, which often means higher effective tax rates on lower household income because of compressed tax brackets and a much smaller standard deduction. Scott Wellands explains that this can translate to hundreds of thousands of dollars in additional taxes over years of retirement—a burden that few anticipate.Additionally, surviving spouses may be affected by Medicare's IRMAA surcharges, which, due to a two-year income lookback, can kick in just as income falls. Fortunately, forms like SSA-44 allow survivors to appeal IRMAA surcharges based on current-year income, but many don't know about this relief.The Human Side of LossGrief can impair memory, concentration, and decision-making, right when the most consequential financial choices arrive. Survivors must re-title accounts, file claims, and sometimes manage pressure from family—all in an emotional fog. Prioritizing urgent actions (maintaining cash flow), deferring important but non-critical choices, and holding off on irreversible decisions (like selling a house) can prevent double grief where hasty choices compound heartache.The best way to pass the survivor stress test is communication, both partners should understand the plan, know where assets are, and feel confident in their ability to carry it forward. Conversations and second-opinion reviews with a qualified advisor can uncover hidden vulnerabilities and help ensure that whoever is left behind is secure. Outline of This Episode[00:52] The survivor stress test and financial planning for surviving spouse[04:23] Discussing family financial roles[08:59] Claiming Social Security benefits[10:18] Pension options: single life vs. joint and survivor payout [13:29] The widow's penalty tax surprise [17:54] Importance of tax strategy while both spouses are alive[21:03] A decision-making framework for survivorsResources MentionedForm SSA-44Connect With Scott WellensSchedule a discovery call with ScottSend a message to ScottVisit Fortress Planning GroupConnect with Scott on LinkedInFollow Scott on TwitterFortress Planning Group on FacebookSubscribe to Best In WealthAudio Production and Show notes byPODCAST FAST TRACKhttps://www.podcastfasttrack.comPodcast Disclaimer:The Best In Wealth Podcast is hosted by Scott Wellens. Scott Wellens is the principal at Fortress Planning Group. Fortress Planning Group is a registered investment advisory firm regulated by the US Securities and Exchange Commission in accordance and compliance with securities laws and regulations. Fortress Planning Group does not render or offer to render personalized investment or tax advice through the Best In Wealth Podcast. The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.

Ryan Frost of the Washington Policy Center spent 15 years working on public pension policy and argues Washington lawmakers deliberately included public pensions in the new income tax, not because they reach the $1 million deduction threshold, but because that threshold can be lowered at any time without another vote. He says voting yes on Initiative 645 would repeal the tax. https://www.clarkcountytoday.com/opinion/opinion-why-lawmakers-are-going-after-your-pension/ #Initiative645 #WashingtonState #IncomeTax #PublicPension #TaxPolicy #Opinion #WashingtonPolicyCenter #Retirement #ClarkCounty #Politics

This Classic Suze School is a lesson on choosing the right joint and survivor benefit pension option for you and your spouse. Learn more about the Ultimate Scam Protection here: SuzeOrman.com Watch Suze’s YouTube Channel Jumpstart financial wellness for your employees: https://bit.ly/SecureSave Protect your financial future with the Must Have Docs: https://bit.ly/3Vq1V3G Help with the Must Have Docs: Email:support@musthavedocuments.zendesk.com Phone: 888-510-0510 Get your savings going with Alliant Credit Union: https://bit.ly/3rg0Yio Get Suze’s special offers for podcast listeners at suzeorman.com/offer Join Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on the podcast. Download the app by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbH CLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMISee omnystudio.com/listener for privacy information.

Chloé s'est rendue à la pension du P'tit Ranch, située à Manneville-La-Goupil où elle a rencontré Mélissa et Nathan.Ces amoureux ont fondé un petit paradis pour accueillir vos compagnons à quatre pattes !Ensemble ils ont discuté de leur quotidien, des projets à venir et Chloé a posé l'inévitable question du meilleur souvenir au P'tit Ranch, découvrez les dans cette interview.

Welcome to the Money Vault, the midweek show where Damien and Andy revisit some classic, evergreen episodes from the Money to the Masses archives. In this episode of The Money Vault, we revisit Episode 509 from June 2025 where we discussed the changes to how defined contribution pensions are treated for inheritance tax. Now that the Finance Act 2026 has confirmed the rules, I explore practical financial planning strategies to consider ahead of the 2027 implementation date, including why you should consider speaking to an independent financial adviser.Check out this week's ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠podcast article⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ on the Money to the Masses website to see the full list of resources from this week's show.Resources:⁠⁠Sign up to our weekly newsletter⁠⁠Find a financial adviser you can trustFollow Money to the Masses on social media:YouTube - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.facebook.com/moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Tik Tok - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.tiktok.com/@moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

What changes are coming to Centrelink and other social security payments from September 20?

VA aid and attendance benefits can be confusing because there are two separate programs: “Pension-Based Aid and Attendance” and “Special Monthly Compensation (SMC) Aid and Attendance.” In this episode, former Veterans Law Judge Brad Hennings explains the key differences between these VA benefits, including eligibility requirements, income and net worth limits, service-connected disability criteria, and 2026 compensation rates. Listen to learn more!For more information, visit our website at⁠⁠⁠⁠⁠⁠ cck-law.com⁠⁠⁠⁠⁠⁠Follow us on social media: ⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠ -⁠⁠⁠⁠⁠⁠https://bit.ly/CCKYTL⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠ -⁠⁠⁠⁠⁠⁠https://bit.ly/CCKFBL⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠ -⁠⁠⁠⁠⁠⁠https://bit.ly/CCKINL⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠Twitter⁠⁠⁠⁠⁠⁠ -⁠⁠⁠⁠⁠⁠https://bit.ly/CCKTL

If you're not sure about Bitcoin, this is the episode for you. Not putting everything into it like the maniacs. Just why it deserves a small place in your long term portfolio and your pension, in ten minutes flat.And if you've already got some Bitcoin, stick around too, because there's a door that opened eight days ago that most Bitcoiners haven't clocked yet.In this episode:Why the richest people in the world got there through concentration, not diversification, and where Bitcoin fits into thatThe debasement trade nearly everyone secretly agrees with, and why your pension is built entirely on the currency it's happening toThe Bitcoin pension news from eight days ago that almost nobody has told you about, and what it means for your tax billI built a free calculator that shows exactly what consistent monthly Bitcoin investing could do to your wealth over 5, 10 or 20 years. It's called the Steady Stack Calculator — punch in what you can afford to put in each month and see what the numbers actually look like at the other end. Most people are genuinely surprised. You can also download the 10 Bitcoin Mistakes to Avoid document completely free at the same link.Steady Stack Calculator and 10 Bitcoin Mistakes Document — click here to grab both for freeHit follow, so you never miss the latest insights on money, finance, invest and build wealth - plus clear guidance on cryptocurrency, Bitcoin, and Bit Coin for today's serious investors.

Pension ownership has risen by nearly 20 per cent since the introduction of the MyFutureFund scheme, according to new research from the ESRI. Just two in five people think their pension will provide a good standard of living in retirement.Speaking to Anton this morning was Grainne Griffin Director of Financial Education at the CCPC and Ireland's first Financial Literacy Ambassador.

Pension ownership has risen by nearly 20 per cent since the introduction of the MyFutureFund scheme, according to new research from the ESRI. Just two in five people think their pension will provide a good standard of living in retirement.Speaking to Anton this morning was Grainne Griffin Director of Financial Education at the CCPC and Ireland's first Financial Literacy Ambassador.

Jenna joins Jean Chatzky on this week's episode for another AMA conversation, this time digging into a decision that sits right at the heart of Jean's new book, The Forever Paycheck: Is it worth giving up more money on paper for the peace of mind that comes with guaranteed income? In this episode: Why Jenna and her husband are reconsidering the lump sum after years of assuming it was the obvious choice Jean's take on why retirees with pensions tend to spend significantly more than retirees with the equivalent balance sitting in a retirement account How guaranteed income can free up the rest of a portfolio to be invested more aggressively Why Jenna says choosing peace over optimization is exactly how she and her husband got their finances in order in the first place Want a signed copy of The Forever Paycheck? Leave The Forever Paycheck a review on Amazon, screenshot it, and email it to mailbag@hermoney.com to be entered to win. Learn more about your ad choices. Visit megaphone.fm/adchoices

Retirement questions rarely have one-number answers. Don works through a couple's ambitious retirement goal after a late start, a new retiree's urge to attack a 7% mortgage with Roth money, and the tax-smart sale of expensive mutual funds. He also explains why target-date funds can improve real-world results, clarifies the rules for new Trump accounts, and shows how spending from a brokerage account can create room for a Roth conversion. The common thread: run the right numbers before making an irreversible move.Questions? Comments? Click!

The best portfolio cannot help much if every spare dollar disappears at checkout. Don and Tom debate practical ways to slow impulse purchases, automate saving, and build better money habits—without banning the things that make life enjoyable. A live listener call turns to TIAA and 403(b) costs, diversification, and where stocks and bonds belong across Roth and traditional accounts. Then they discuss why a pension promise depends on who stands behind it, and what investors trade when they move from a total-market fund to a factor-tilted portfolio.Questions? Comments? Click!

One of the biggest retirement decisions you'll ever make may come down to a single question: should you take the pension or the lump sum? In this episode, Austin, Josh, and Jessica break down the pros and cons of both options, helping you look beyond the dollars and understand how each choice impacts your retirement income, flexibility, taxes, legacy goals, and overall lifestyle. They talk through why so many retirees are drawn to the lump sum, when guaranteed lifetime income may actually be the better fit, and the challenges that can make or break a retirement plan. Whether you're approaching retirement or simply planning ahead, this conversation will help you evaluate the factors that matter most so you can make a confident, informed decision for your future!Watch on YouTube, read show notes, and find resources at thewealthmindsetshow.com/s2e45Send in LISTENTER QUESTIONS via text➡️Download Free Resource: 8 Timeless Principles to Investing!

What do you do when you're the only person who knows how much debt you're actually in?

Most people are diligently paying into a financial pension every month. But what about the physical one? This week Simon and Beth sit down to unpack one of the core concepts behind the Battle Ready philosophy. The physical pension. The idea that the decisions you make today about how you sleep, move, eat and recover determine what you have available to you at 60, 70 and beyond. Not just as an athlete, but as a human being who wants to actually enjoy the life they have worked hard to build. This is not a performance conversation. It is a longevity conversation. And it applies to everyone. IN THIS EPISODE WE COVER: Where the physical pension concept came from and why the financial analogy works so well The five key deposits every athlete should be making, starting now Why it is never too late to start, including the story of a 105-year-old French cyclist who improved his aerobic capacity at 102 What the withdrawals look like and how they accumulate silently over years What a well-funded physical pension actually looks like in practice How the Battle Ready philosophy and SWAT Inner Circle are built entirely around making these deposits consistently   KILLER QUOTE "The best time to have started would've been 20 years ago. But the second-best time is today."   LINKS & RESOURCES Mentioned in the episode: Dan John episode: The Physical Pension: Strength, Longevity and the Only Secret That Exists Fast After 50 by Joe Friel: Fast After 50 FREE Download

Schedule a Free Financial Assessment with an experienced professional:https://bit.ly/YMYWassessCToday on Your Money, Your Wealth® podcast 598, Joe Anderson, CFP® and Big Al Clopine, CPA spitball early retirement planning for Shua in Phoenix, who has a million dollars saved at age 42. Can he stop saving right now, coast until age 55, and still spend $170,000 a year in retirement? But first, Michael in Texas is a stay-at-home dad who does the stock market. His wife wants out of her job at age 47. Will their $5 million last through retirement? And then Homer and Marge in North Carolina make 640K in sales and want to spend up to 25K a month, and Seth in Illinois wants to retire at 58 on a pension and a Roth. Some of these plans work and some of ‘em aren't even close.Free Financial Resources in This Episode: https://bit.ly/ymyw-598 (full show notes & episode transcript)Withdrawal Strategy Guide - free download:https://purefinancial.com/white-papers/withdrawal-strategy-guide/?utm_source=captivate&utm_medium=podcast&utm_campaign=whitepaper-withdrawal-strategy-guide&utm_content=ymyw-pod-ep598-description-whitepaperRetirement Readiness Guide - free download:https://purefinancial.com/white-papers/retirement-readiness-guide/?utm_source=captivate&utm_medium=podcast&utm_campaign=whitepaper-retirement-readiness-guide&utm_content=ymyw-pod-ep598-description-whitepaper10 Assumptions Pre-Retirees Get Wrong About Retirement - YMYW TV:https://purefinancial.com/ymyw/episodes/10-assumptions-pre-retirees-get-wrong-about-retirement/?utm_source=captivate&utm_medium=podcast&utm_campaign=ymyw-tv&utm_content=ymyw-pod-ep598-description-tv-s12e07Financial Blueprint (free, self-guided):https://bit.ly/YMYWblueprintCREQUEST your Retirement Spitball Analysis:https://bit.ly/YMYWaskCDOWNLOAD more free guides:https://bit.ly/YMYWguidesCREAD financial blogs:https://bit.ly/YMYWblogCWATCH educational videos:https://bit.ly/YMYWvidsCSUBSCRIBE to the YMYW Newsletter:https://bit.ly/YMYWnewsletterCConnect With Us:Subscribe on YouTube and join the conversation in the comments:https://bit.ly/YMYW-YTSubscribe or follow YMYW in your favorite podcast app:https://lnk.to/ymywLeave your honest reviews and ratings in Apple Podcasts:https://podcasts.apple.com/us/podcast/your-money-your-wealth/id312900254Chapters: 00:00 - Intro: This Week on the YMYW Podcast00:52 - Wife Wants to Retire at 47. What Are We Missing? (Michael, TX)14:03 - $3M Saved, $640K Income: Can We Retire at 50? (Homer & Marge, Northern California)21:19 - Pension + $1.45M: Can I Retire at 58 and Spend $11K a Month? (Seth, North Central IL)26:51 - Can We Stop Saving Now at 42 and 45 and Still Retire at 55? (Shua, Phoenix, AZ)36:07 - Outro: Next Week on the YMYW Podcast37:19 - The Derails: Big Al Canoeing on the Russian River

Plusieurs débats au cœur de l'actualité, les Grandes gueules ont le choix, en débattre ou non : Sébastien Delogu ne paye plus sa pension alimentaire Gabriel Attal lance l'opération "1 000 bistrots" pour prendre le temps de se parler Emmanuel Macron veut un festival du jeu vidéo

Ring P1 från Göteborg om bland annat pensionärerna i valrörelsen, valkompasser och skolan med anledning av Pisaundersökningen. Programledare: Erik Blix, ansvarig utgivare: Sabina Schatzl Lyssna på alla avsnitt i Sveriges Radios app.

Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/free-tsp-e-book Want to schedule a consultation? Click here: https://app.hawsfederaladvisors.com/whatservicemakessense I am a practicing financial planner, but I'm not your financial planner. Please consult with your own tax, legal and financial advisors for personalized advice.

Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/free-tsp-e-book Want to schedule a consultation? Click here: https://app.hawsfederaladvisors.com/whatservicemakessense I am a practicing financial planner, but I'm not your financial planner. Please consult with your own tax, legal and financial advisors for personalized advice.

ree Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/free-tsp-e-book Want to schedule a consultation? Click here: https://app.hawsfederaladvisors.com/whatservicemakessense I am a practicing financial planner, but I'm not your financial planner. Please consult with your own tax, legal and financial advisors for personalized advice.

How will US Treasury Secretary Scott Bessent and global bond markets impact UK borrowing, John Healey's UK Budget, and the wider UK economy? Rising inflation rates, soaring government debt, and higher borrowing costs are likely to effect UK tax and pensions. But can politicians intervene without making things worse?The US Treasury intends to double its buyback operations of government bonds to control yields. But how far can Scott Bessent go before investors lose faith?In this episode of The Business, Dominic O'Connell brings you essential market analysis with The Times economics editor, Mehreen Khan, and Chris Jeffery, Head of Macro Strategy at Legal & General Investment Management. They unpack how spiralling UK borrowing costs affect everything from mortgage rates to pension values, delivering the definitive financial news breakdown.If you enjoyed this episode, make sure to press follow at the top of your podcast app.Guests:Chris Jeffery, head of macro strategy, Legal & General Investment ManagementMehreen Khan, economics editor, The TimesPresenter:Dominic O'Connell. business correspondent, Times RadioProducer: Hope FedericoExecutive Producers: Miriam Hall and Emily LeahyVideo Producer: Bronwen LathamImage: GettyGet in touch: thebusiness@thetimes.comThis podcast was brought to you thanks to subscribers of The Times and The Sunday Times. To enjoy unlimited digital access to all our journalism subscribe here. Hosted on Acast. See acast.com/privacy for more information.

In 2012, California voters approved Proposition 30 — officially titled "Temporary Taxes to Fund Education." The new tax brackets were written to expire in 2018. Voters extended them in 2016. This November, Proposition 3 asks whether to remove the expiration entirely.Phil and Camille go through what those fourteen years actually produced. Funding did rise: per-student spending increased 14% after inflation, and California climbed from the high 20s to 16th nationally. But two years after Prop 30 passed, the Legislature enacted AB 1469, a CalSTRS rescue plan that pushed school districts' pension contributions sharply upward. By 2025-26 the total contribution rate reached 37.7% of covered payroll — close to 38 cents on every dollar of teacher pay. The Public Policy Institute of California found that rising pension costs absorbed roughly a quarter of the entire pre-pandemic education spending increase.Then there's the revenue that never materialized. A study published in the American Economic Journal: Economic Policy, built on confidential California Franchise Tax Board records, found that 45% of the expected windfall from the 2012 tax eroded within a year and 61% within two. The surprising part is why: migration explained less than 10% of it. High earners largely stayed in California and reported less income. A separate Stanford team using the same dataset found migration effects near zero, which means the two studies broadly agree on the tax-flight question and disagree about something else entirely.The episode also covers Proposition 43, the measure whose author is publicly urging a no vote. Assemblymember Buffy Wicks wrote ACA 22, watched it pass 68-2 and 35-1, and has said she doesn't support the policy — it was the compromise that cleared two broader anti-tax measures off the ballot before the June deadline. Understanding it requires going back to a 2017 California Supreme Court ruling about a marijuana dispensary in Upland, and forward to Los Angeles Measure ULA, the mansion tax that has raised about a third of its projection while UCLA and RAND researchers found it reduced housing production by at least 1,910 units per year.Closing out: the second phase of Orange County's forensic audit into pandemic-era contracts, including the county health director who reprimanded a subordinate for raising conflict-of-interest concerns about Andrew Do, on the reasoning that Do was a lawyer and would know if there was a conflict.Primary sources throughout — LAO analyses, the peer-reviewed studies, the court opinion, and the audit itself.Written breakdowns with the documents attached: caunderground.substack.comPhil's book on California's political economy: www.thegildedstate.comInstagram and TikTok: @californiaundergroundX: @ca_underground

HERO'S Talk Radio with hosts Dave and Laurett Arenz is presented by the Freedom Financial Radio Network. Through their Triple Crown Solution, Dave and Laurett coach clients to achieve financial independence by presenting options that provide safety, liquidity, and a great rate of return for tax-free account accumulation and distribution. As founders of HERO'S Strategies, … 09/05/26 – HERO’S Talk Radio Read More » The post 09/05/26 – HERO’S Talk Radio appeared first on HERO'S Strategies, Inc..

Rie Velling er blevet beskattet tre gange af samme indkomst, og det betyder, at hun i de seneste ti år har levet med en kæmpe usikkerhed om fremtiden. For hvis en selvstændig erhvervsdrivende arbejder for én kunde, bliver man i Skattestyrelsens øjne opfattet som lønmodtager. Dermed kan indkomsten blive beskattet både personligt og i selskabet – og igen, hvis pengene efterfølgende udbetales som udbytte. Rie er blot én af flere, der er stået frem i medierne, og skatteminister Jakob Engel-Schmidt (M) har lovet at se på reglerne. Det giver en smule håb for Rie på 68, der dog ikke tør at gå på pension af frygt for skatteregningen. Værter: Peter Marstal og Mathias Wissing.See omnystudio.com/listener for privacy information.

In this episode, we kick things off with a massive organized crime investigation that has rocked the agricultural sector across Texas. Authorities have linked three men to an alleged theft ring involving one hundred seventy-six grain loads valued at over eight hundred thousand dollars, spanning more than nine million pounds of stolen agricultural product. The inquiry now covers over two hundred confirmed or potentially stolen shipments, with additional arrests remaining possible as investigators unravel this elaborate network. Next, we explore a sweeping federal crackdown on substandard driver training facilities as Transportation Secretary Sean Duffy orders the emergency shutdown of one hundred ten commercial driving schools nationwide. These schools collectively certified more than five thousand drivers who were later cited for failing to meet federal English-language proficiency requirements during roadside inspections, raising serious questions about the quality and integrity of commercial driver training across the country. Finally, we cover the winding down of one of trucking's most significant bankruptcies as defunct Yellow Corporation reaches settlement agreements totaling up to five hundred twenty-six million dollars to resolve remaining withdrawal liability claims with four multiemployer pension plans. If approved by the federal bankruptcy court in Delaware, the liquidating trust would finally be able to make distributions to creditors, bringing an end to a legal battle that began when the carrier filed for bankruptcy in August twenty twenty-three. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

Today on the show - Jemma Slingo is here to tell us whether it makes the most sense to save into an ISA or a pension once you enter those key savings years in your 50s. Ed Monk is joined by Jemma Slingo to provide a well-balanced take on the latest financial developments together with expert insights to help you grow your capital, manage your investment portfolio and make the most of the money markets. Popular for its jargon-free approach, clear analysis and fresh perspective, The Personal Investor podcast helps shine a light on the latest market developments for the savvy UK investor.See omnystudio.com/listener for privacy information.

In this episode, we kick things off with a massive organized crime investigation that has rocked the agricultural sector across Texas. Authorities have linked three men to an alleged theft ring involving one hundred seventy-six grain loads valued at over eight hundred thousand dollars, spanning more than nine million pounds of stolen agricultural product. The inquiry now covers over two hundred confirmed or potentially stolen shipments, with additional arrests remaining possible as investigators unravel this elaborate network. Next, we explore a sweeping federal crackdown on substandard driver training facilities as Transportation Secretary Sean Duffy orders the emergency shutdown of one hundred ten commercial driving schools nationwide. These schools collectively certified more than five thousand drivers who were later cited for failing to meet federal English-language proficiency requirements during roadside inspections, raising serious questions about the quality and integrity of commercial driver training across the country. Finally, we cover the winding down of one of trucking's most significant bankruptcies as defunct Yellow Corporation reaches settlement agreements totaling up to five hundred twenty-six million dollars to resolve remaining withdrawal liability claims with four multiemployer pension plans. If approved by the federal bankruptcy court in Delaware, the liquidating trust would finally be able to make distributions to creditors, bringing an end to a legal battle that began when the carrier filed for bankruptcy in August twenty twenty-three. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

Well, we've got ourselves another Mo-Mo incident in Times Square...Needlessly picking up right from the smoldering wreckage of Liv freeing herself from her captor William Lewis by way of bludgeoning her captor with an iron bar, we get a stark ripped-from-the-headlines episode delving into the infamous Ariel Castro case. Kidnapping victims are held in cages in the basement and raped for decades, and Liv's PTSD is still very real. This episode dwells in darkness. That doesn't mean the Munchie Boys have to, though, as the discussion veers into off-brand Muppets knockoffs, the ineptitude of the Cleveland Police Department, where Cassidy ranks on Benson's loves of her life, and the hazards of dialogue directed at people named “Buddy” reading in different ways.Sources:How Ariel Castro Remained at Liberty in Cleveland All These Years - Michael Daly, The Daily BeastMichelle Knight's ‘normal teenage life,' plagued by troubles in years before disappearance - Leila Atassi, Cleveland Plain DealerPsychic on The Montel Williams Show said Amanda Berry was dead. She wasn't. - Emily Senger, Maclean'sAriel Castro sentencing memorandum filed by prosecutors - Peter Krouse, Cleveland Plain DealerMusic:Divorcio Suave - “Munchy Business”Thanks to our gracious Munchies on Patreon: Jeremy S, Jaclyn O, Tony B, Drew D, Nicky R, Stuart, Jacqi B, Natalie T, Robyn S, Sean M, Jay S, Briley O, Suzanne B, Tim Y, John P, John W, Elia S, Lily, Sarah L, Melsa A, Alyssa C, Johnathon M, Brian B, Whitney C, Alex, Jannicke HS, Erin M, Melissa H, Olivia, Holly F, Karina H, Zak B, Summer S, Matt, Elyse R, Julia K, Los C, Katrina S, Samuel K, Bryan C, and Shannon H - y'all are the best!Be a Munchie, too! Support us on Patreon: patreon.com/munchmybensonBe sure to check out our other podcast diving into long unseen films of our guests' youth: Unkind Rewind at our website or on YouTube, Apple Podcasts, or wherever you listen to podcastsFollow us on: BlueSky, Facebook, Instagram, Threads, and Reddit (Adam's Twitter/BlueSky and Josh's BlueSky/Letterboxd/Substack)Join our Discord: Munch Casts ServerCheck out Munch Merch: Munch Merch at ZazzleCheck out our guest appearances:Both of us on: FMWL Pod (1st Time & 2nd Time), Storytellers from Ratchet Book Club, Chick-Lit at the Movies talking about The Thin Man, and last but not least on the seminal L&O podcast …These Are Their Stories (Adam and Josh).Josh discussing Jackie Brown, The Love Witch, The Long Goodbye, and Bugonia with the fine folks at Movie Night Extravaganza, debating the Greatest Detectives in TV History on The Great Pop Culture Debate Podcast, and talking SVU/OCand Psych (five eps in all) on Jacked Up Review Show.Visit Our Website: Munch My BensonEmail the podcast: munchmybenson@gmail.comYou can also call in and leave a voicemail at (507) 479-6440 and have your message played on the show.Next New Episode: Season 21, Episode 4 "The Burden Of Our Choices"Become a supporter of this podcast: https://www.spreaker.com/podcast/munch-my-benson-a-law-order-svu-podcast--5685940/support.

John Bowman, CEO of CAIA Association, returns to Alternative Allocations to discuss the ideas behind his groundbreaking report, "The World Rewired", and what they mean for the future of investing. Tony and John explore how AI is reshaping investment firms, how private markets are becoming increasingly accessible to individual investors, and what the rise of evergreen funds, tokenization, and the growing opportunity for private markets in retirement portfolios means for advisors and clients alike. They also examine the increasing convergence of public and private markets, the changing role of investor education, and why systems thinking—not just technical expertise—will define the next generation of investment professionals.  John was appointed CEO for the CAIA Association in January 2025. He has devoted 30 years to the asset management industry to recover the narrative of the value that the investment profession brings to society. He is a staunch public advocate for market integrity, long-termism, investor outcomes, diversity, human dignity and educational standards, as necessary ingredients to building a sustainable and healthy profession. John previously served as Managing Director for the Americas for CFA Institute, a region comprised of 40+ countries from Canada, the U.S., Central America, South America and the Caribbean. Before that, John was a portfolio manager for non-US equity strategies at both Boston Company and SSgA for several years. John is a prolific, speaker, writer and commentator, frequently keynoting industry conferences and appearing in investment and business publications such as the Wall Street Journal, The New York Times, Pension and Investments, Financial Advisor, The Independent, Wealthmanagement.com and CNBC. Bowman earned a BS in Business Administration from Mary Washington College and is a CFA charterholder.   Resources: John L Bowman, CFA | LinkedInCAIA - Chartered Alternative Investment Analyst AssociationFranklin Templeton Private MarketsTony Davidow, CIMA® | LinkedIn

Learn how to measure your retirement progress when you have a pension and figure out how much more you really need to save. How do you know if your pension actually has you covered for retirement — or if you still need to keep saving aggressively alongside it? Hosts Sean Pyles, CFP®, and Elizabeth Ayoola sit down with Anna, a journeyman electrician in Portland whose union job comes with a defined benefit pension — yet she isn't sure whether that's enough to retire at 60. They explore how to account for a pension when gauging your retirement progress, why pension projections can be tricky when work hours vary, how to use the three-bucket framework (guaranteed income, invested accounts, and cash reserves) to see where your plan stands, and how Social Security projections could help you figure out exactly how much more you need to save. Pension Plan vs. 401(k): Types, Pros & Cons: https://www.nerdwallet.com/retirement/learn/pension-plan  How Long Will My Money Last in Retirement? Calculator, How to Stretch It: https://www.nerdwallet.com/retirement/learn/how-long-will-your-retirement-savings-last  Want us to review your budget? Fill out this form — completely anonymously if you want — and we might feature your budget in a future segment! https://docs.google.com/forms/d/e/1FAIpQLScK53yAufsc4v5UpghhVfxtk2MoyooHzlSIRBnRxUPl3hKBig/viewform?usp=header  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Like what you hear? Please leave us a review and tell a friend. *The show notes were created with the assistance of AI. They have been reviewed by our editorial team for accuracy and quality. Learn more about your ad choices. Visit megaphone.fm/adchoices

Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/free-tsp-e-book Want to schedule a consultation? Click here: https://app.hawsfederaladvisors.com/whatservicemakessense I am a practicing financial planner, but I'm not your financial planner. Please consult with your own tax, legal and financial advisors for personalized advice.

First, we cast our ears to British industrial stocks and ask whether they are being picked off too cheaply. Michael Fahy dives into why manufacturers are significantly more undervalued than their US counterparts and discusses the sector's acquisitions in recent years.We then turn to what is arguably our most important savings pot: the pension. You may have saved diligently and kept a close eye on your investments, but unexpected problems can still arise. From a later-life divorce or a stock market slump, plenty can throw retirement into jeopardy. But fret not, Holly McKechnie is in the studio to talk through the most common threats – and how to avoid them. Finally, we look at Nvidia and its keenly anticipated earnings update. To investors' joy, it delivered on all fronts and revenue at the world's largest company more than doubled, smashing Wall Street's expectations. Arthur Sants explains the latest figures and its new circular financing strategy, which is raising a lot of eyebrows (more on that here).Timestamps00:00 Intro03:32 Are UK industrials being picked off too cheaply?19:95 Common risks to your pension – and how to avoid them20:36 Nvidia's promising figures and new financing strategyListen to more podcasts from Investors' Chronicle on Apple, Spotify and YouTubeInvestors' Chronicle has supported private investors in the UK for over 160 years by highlighting rewarding investment opportunities. Investors' Chronicle is a service by the Financial Times. Hosted on Acast. See acast.com/privacy for more information.

FERS retirement in one place: your pension, TSP, and Social Security — and the decisions that become permanent the moment you make them. Charles and Marcus explain how the three legs of federal retirement connect, what a $3,000 pension actually nets after taxes, FEHB, and the survivor benefit, and the choices you truly can't undo.Chapters:0:00 The Three Legs of FERS Retirement0:24 Welcome to the Podcast0:57 Leg 1: Your FERS Pension1:56 Leg 2: Social Security Timing2:36 Leg 3: TSP — How It All Connects3:34 What You Actually Get: Pension Deductions Walkthrough6:14 TSP: How to Withdraw Without Mistakes9:36 IRMAA: The Two-Year Lookback Trap11:14 The Decisions You Can't Undo12:00 Survivor Benefit: The 60–90 Day Window12:52 FEGLI: Keep Basic, Do the 75% Reduction15:34 FEHB: Suspend, Never Cancel16:30 Taxes: Why You Can't Do This Alone17:48 Watch Next: FERS Annuitant vs. AnnuityCTA: Apply for a Retirement Consultation: https://apply.cdfinancial.org/6a694299bad1c9a176cdc79f/Disclaimer: Advisory services are offered through CD Financial LLC dba CD Financial, an Investment Advisor in the State of California. Insurance products and services are offered through CD Financial & Insurance Services LLC, an affiliated company. Educational only; not financial, legal, tax, or investment advice. Figures discussed are illustrative — verify with OPM.Support the show

HERO'S Talk Radio with hosts Dave and Laurett Arenz is presented by the Freedom Financial Radio Network. Through their Triple Crown Solution, Dave and Laurett coach clients to achieve financial independence by presenting options that provide safety, liquidity, and a great rate of return for tax-free account accumulation and distribution. As founders of HERO'S Strategies, … 08/29/26 – HERO’S Talk Radio Read More » The post 08/29/26 – HERO’S Talk Radio appeared first on HERO'S Strategies, Inc..

In this episode of #RetireRich, Sumit Shukla, MD & CEO, Axis Pension Fund, discusses the major upgrades in a financial portfolio many investors often overlook and what it means for long-term wealth creation. Watch Conversation: https://youtu.be/qe-HACzi98U

Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/free-tsp-e-book Want to schedule a consultation? Click here: https://app.hawsfederaladvisors.com/whatservicemakessense I am a practicing financial planner, but I'm not your financial planner. Please consult with your own tax, legal and financial advisors for personalized advice.

What if that old pension you barely think about is secretly one of the most valuable assets in your retirement plan? Bill and Jackie welcome back financial planner and educator, Andy Panko for a deep dive into the increasingly rare (but far from extinct) world of pensions. They explore plans from private and government employers and why a seemingly small monthly check can dramatically change the work the rest of your portfolio has to do. This episode covers Why pensions are less common but still relevant to millions of workers What it actually means when an employer "freezes" a pension How to think about a pension as part of your overall retirement portfolio The risks behind private, federal, state, and municipal pension promises Lump sum versus lifetime monthly payments and the trade-offs of each Single-life, joint-and-survivor, period-certain, and inflation-adjusted pension options Why guaranteed income can give retirees psychological permission to spend When comparing an employer pension with a commercial income annuity may make sense  Andy's four-question framework for deciding whether lifetime payments fit your plan Jackie's pension options and her final decision to turn on lifetime monthly payments Where to find old or forgotten pensions from previous employers . === SUPPORT  THE  SHOW ===

This episode is brought to you by our sister podcast Money Talks. New episodes land every Wednesday. Regular listeners to Money Talks will know that the show has always focused on the personal side of personal finance. Now we're really putting our money where our mouth is with our new Money Makeover series. Financial expert Cian Carolan joins Katie Byrne to apply the actionable advice from Money Talks to real-life circumstances faced by our listeners. On this episode, he focuses on a couple with very different saving styles – and a looming time crisis on their pension pot. Host: Katie Byrne | Guest: Cian Carolan The content of this podcast is for information purposes and does not constitute investment advice or recommendation of any investment product. We want to earn your trust and are members of the Trust Project. See our ethics policies at independent.ie/ourjournalismSee omnystudio.com/listener for privacy information.

Your FERS pension estimate says one number — but what actually lands in your bank account is a different one. Charles and Marcus walk a real $3,000 FERS pension through the survivor benefit election, FEHB premiums, and taxes to show exactly where the money goes before you ever see it, landing on a real net number of $1,259.Chapters:0:00 The $3,000 Pension Gap0:28 Welcome to the Podcast1:19 Why Your Pension Estimate Is Misleading1:47 The $3,000 Example Begins3:19 Deduction 1: Survivor Benefit (–10%)4:58 Deduction 2: FEHB Premiums8:03 Deduction 3: Federal & State Taxes10:00 The Single-Filer Version10:42 What We Left Out: FEGLI + Dental11:07 Health Tip: Protect Your Teeth12:53 The Real Net Number: $1,25913:30 Recap: Build Your Real Numbers14:12 Watch Next: Your FERS Retirement ExplainedCTA: Apply for a Retirement Consultation: https://apply.cdfinancial.org/6a694299bad1c9a176cdc79f/Disclaimer: Advisory services are offered through CD Financial LLC dba CD Financial, an Investment Advisor in the State of California. Insurance products and services are offered through CD Financial & Insurance Services LLC, an affiliated company. Educational only; not financial, legal, tax, or investment advice. Figures discussed are illustrative — verify with OPM.Support the show

Breaking up is hard to do. We'll make it a lil easier (and a lot funnier).Find a divorce pro who gets it at:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://WTFdivorce.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠___Brought to you by⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠OurFamilyWizard⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Join more than 1 million parents & family law professionals who trust⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠OurFamilyWizard⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.***Featuring Guest, Sam TroyContact Divorce Lawyer: Sam Troy

REPLAY: Unsere Hosts sind in der Sommerpause und so wiederholen wir an dieser Stelle besonders interessante Folgen (Erstveröffentlichung dieser Episode war am 20.08.2025): In dieser Folge von Ganz Offen Gesagt spricht Anna-Lisa Bier mit Christine Mayrhuber. Sie ist Ökonomin, stellvertretende Direktorin des WIFO und Vorsitzende der Alterssicherungskommission. Gemeinsam werfen sie einen Blick auf die Zukunft des österreichischen Pensionssystems und besprechen, wie sich die Alterssicherung verändern muss, damit sie auch für kommende Generationen tragfähig bleibt. Mayrhuber erklärt, warum das Pensionssystem unter Reformdruck steht, welche Auswirkungen aktuelle Sparpläne und Antrittsaltersdebatten haben, und warum besonders Frauen von Altersarmut betroffen sind. Es geht um strukturelle Ungleichheiten, politische Versäumnisse und die Frage, was junge Menschen heute realistisch von ihrer Pension und dem System erwarten können. 

Bankruptcy. Merger. A frozen pension. Furlough. These are words every airline pilot hopes they will never hear. Today's guest has experienced all of them—and still managed to rebuild, reinvent himself, and come out on top. Paul Horsley is a retired airline pilot and the author of “Why the Rich Don't Die Broke”. Paul, welcome to … Continue reading ACP464 A Pilot’s Second Act After The Pension Disappeared → The post ACP464 A Pilot’s Second Act After The Pension Disappeared appeared first on Aviation Careers Podcast.

Lenny Bradley is a former NYPD detective turned faith-driven entrepreneur and podcast host who helps men in law enforcement break free from lust and pornography addiction. After 17 years behind the badge, he stepped away to pursue a life of deeper meaning and impact.Today, Lenny mentors first responders and professionals to rediscover their true identity beyond the title. His mission is to inspire healing, legacy, and purpose — proving that retirement isn't the end, but the next chapter of the journey.

THIS BILLION SECONDS AI @ 70 -- EPISODE ONE: AI TAKES THE PENSION On the 17th August 1956, artificial intelligence was born. The founders of the field reckoned they'd have thinking machines equivalent to humans in five year, perhaps ten at the most. What looked easy at the outset turned into a seven-decade struggle - across two "AI winters", when the discipline nearly faded away - before we got to ChatGPT. TRANSCRIPT: MARK PESCE, HOST: On the 17th August 1956, artificial intelligence was born. The final day of a six week workshop that ran through a hot lazy summer at Dartmouth University. A workshop on “artificial intelligence”. Words that had never been put together before - and would never be separate again. G'day, I'm Mark Pesce and this billion seconds are already unfolding as the most significant of this century. In this miniseries, celebrating the 70th anniversary of artificial intelligence, we're looking at where we’ve come from, how we got here - and where we seem to be going. Because we’re travelling at the speed of thought. The future looked bright at the beginning of artificial intelligence. This episode looks at how what seemed like a very straightforward goal - making machines that could think - turned into a 70 year struggle. That’s on this episode of THIS billion seconds. Claude Shannon. Marvin Minsky. John Conway. These aren’t household names, but in the halls of computer science and in the history of artificial intelligence they are renowned. Three of the founders of the field. They were among around 60 different individuals who passed through Dartmouth in the summer of 1956. The workshop was purposely constructed very casually. You could come in and stay for the whole thing - or just drop by check it out and move on. People were encouraged to give talks. They were encouraged to share their ideas. They were encouraged to brainstorm. On the very last day, the 17th of August, they had a set of presentations covering some of the things they’d learned from one another over those six weeks. This is the first moment when the shape of artificial intelligence - as we think of it today - becomes visible. The workshop participants returned to their respective institutions filled good ideas, high hopes - and completely unrealistic expectations. They reckoned they’d have machines that could think in five years. 10 years, tops. It didn’t work out that way. The most obvious obstacle was that no one had a workable definition of intelligence. Not human intelligence, and certainly not artificial intelligence. If you don’t know how to describe intelligence how can you build that into a machine? So the search for artificial intelligence became a quest to understand intelligence more broadly. That’s a hard problem. 70 years later it’s not clear that we have a much better idea of what intelligence is. But that didn’t stop these first pioneers. Instead, they borrowed from what they all agreed was a marker of high intelligence, deciding that if the computer could reproduce that capability, the computer must be intelligent. It's all so logical. And all so very wrong. Almost all of them were excellent chess players. All of them agreed that chess was an excellent example of intelligence. So why not teach the computer to play chess? It’s an interesting idea. But it was quickly disproven. Yes, you could teach a computer to play chess. Turns out, that wasn't even terrifically hard. A computer can think so much faster than a person it can simply work its way through every chess move available to it, selecting the best one. It has the advantage of speed. But not intelligence. By 1977 you could buy a little computer that could play chess - and beat the pants off of almost anyone except a master player. Those computers weren’t intelligent. Another approach taken early on worked from the idea that it might be possible to teach a computer enough facts about the world that the computer would be able to make intelligent decisions about how to operate in real world. This is called the 'top-down' approach to artificial intelligence. On the surface it sounds like a good idea. In practice it’s basically unworkable. Because there is so much knowledge that is embedded in this world, it is almost impossible to teach it to a machine. There have been multiple attempts. The last of them only drew to a close in 2017. None of them worked. Artificial intelligence was an incredibly active field of research in the 1960s and the 1970s as that first generation of pioneers worked its way through the hard problems. Only to learn that the hard problems didn’t get any easier. The people paying for all of this work got disappointed in a lack of progress, withdrew their funding, and forward progress in AI ground to a halt. This is known as the first “AI Winter“. Then came along the second generation of researchers, led by a brilliant Australian by the name of Rodney Brooks. Brooks took a look at the world. Creatures as simple as insects could make very good decisions about the world. With very little intelligence. How did they do that? Brooks decided to design computers and robots that took their cues from those insects. Suddenly robots could climb staircases. They could walk upright. All sorts of things that have been very hard to do before with the top-down approach - and which we don’t think of as intelligence but actually require a great deal of smarts - they all worked worked with Brooks' 'bottom-up' approach to artificial ingtelligence. This caused an enormous burst of enthusiasm. If it was possible to use simple techniques to solve complex problems, maybe, just maybe, we could build artificial intelligence from the bottom up rather than the top down. They gave it a red-hot go. And it's not that the approach failed. But there are limits. Insect intelligence is incredibly useful. It's given us all sorts of crazy robots that can balance themselves and perform dexterous tasks. But those body smarts aren't the smarts we think of as smarts - even though they are legitimately smart. The kinds of things researchers wanted to do with artificial intelligence... [ John Sculley on Agents.wav ] That's John Sculley, the man who famously fired Steve Jobs when running Apple Computer. Sculley wanted to leave his own mark on computing, so he pointed to an amazing future of autonomous agents. But there was one problem. Autonomous agents need artificial intelligence. And in 1987 - when Sculley introduced agents to the world - there wasn't any artificial intelligence they could use. Insects can't do research. And that was the great disappointment of the 2nd age of AI. Not that it didn't work.It did. But it didn't do hold the answer to the great promise of artificial intelligence: machines that think like people do. And so - despite the great robots and the robot vacuum cleaners that popped up in living rooms - interest in AI waned again. The second AI winter. That winter lasted for more than a decade. From the late 1990s through around 2010. And we come to what we think of as the 'modern' age of AI. Two great minds played complementary roles. Fei-Fei Li and Ilya Sutskever. Fei-Fei Li realised that you were going to need a lot of data to train artificial intelligence systems. So she put together the IMAGENET project. 14 million images. Each of them carefully labeled. A massive project that took years. When that was done, then Ilya Sustskever built software known as AlexNet on top of it. IMAGENET provided raw information, AlexNet provided the intelligence that allowed a computer program to recognise the difference bertween a dog, a boat and a cloud. To do that took huge amounts of information - and massive, massive amounts of computer power. But it worked. And because it worked, it kicked off the modern age of AI. Five years after AlexNet, eight researchers at Google invented the 'Transformer'. The foundation for all modern language models like ChatGPT, Claude - oh, yes, named after Claude Shannon, one of the founders of the field - and Google's Gemini. But it took another five years for for the Transformer to prove its worth. Because, like IMAGENET before it, it had to be trained on billions and billions and billions of words. And who was doing that? Ilya Sutskever - who had moved on from AlexNet to work at a not-for-profit research company. OpenAI. Everything he'd learned from AlexNet went into the tool OpenAI was building on top of the Transformer. On the 30th of November, 2022 - more than 66 years after the Dartmouth workshop on artificial intelligence, OpenAI launched their tool. ChatGPT. And - finally - AI had arrived. Sort of. In our next episode we'll take a look at the last three years of horrible AI, bad AI, mid AI, and finally, 'good enough' AI. And how that changed everything. That's on the next episode of THIS BILLION SECONDS. THIS BILLION SECONDS was written and recorded by Mark Pesce. Produced with assistance from Ampel Myrtle and Pine. If you like this show, please share it with a friend. And make sure to follow or subscribe to get all of the episodes in this series. This is Mark Pesce, thanking you for listening.See omnystudio.com/listener for privacy information.

Some huge revelations in this one - book exist, people used to not live as long, Clint is on borrowed years. Bree Tomasel & Clint Roberts on ZM - find us @breeandclint on Instagram, Facebook and TikTok.See omnystudio.com/listener for privacy information.

Don opens with a spirited defense of AI as a creative tool—especially when it makes ideas possible that would otherwise be too expensive or time-consuming. Technology changes the jobs around us, but learning to direct it responsibly can expand what one person can make.Then it's on to listener questions: how charitable giving from a retirement account might work better through an IRA and qualified charitable distributions, whether dividends and bond interest should be reinvested, and why money generally belongs at work instead of waiting in cash.Finally, Don weighs a COLA-adjusted pension against a lump sum, considers a low-cost new 401(k) versus an IRA, gives a hard no to illiquid Why Refi promissory notes, and compares simple flexible retirement withdrawals with advisor-managed guardrails.03:40 — AI as a creative tool07:01 — Charitable giving, IRAs, and QCDs09:55 — Reinvesting dividends and bond interest11:37 — Pension or lump sum? Plus the next 401(k)14:52 — Why Refi and the danger of “magical” returns17:56 — Flexible withdrawals versus guardrailsQuestions? Comments? Click!