Click here to schedule your appointment

Are You on the Road to Financial Wellness?

It's never too late to start. In this ebook, we outline effective financial strategies for every stage of the journey.

Thank you! Oops!
Unraveling the Intricacies of Retirement Planning: A Conversation with Jonathan Clements

Unraveling the Intricacies of Retirement Planning: A Conversation with Jonathan Clements

August 17, 2023

The Humble Dollar Blog: A Beacon for Retirement Planning

Jonathan Clements, the brain behind The Humble Dollar blog, has been instrumental in guiding many towards a secure retirement. Our conversation began with an exploration of the evolution of his blog and its focus on retirement planning. Jonathan shared the exciting news of the increase in page views, indicating the growing interest in topics like Medicare premiums.

As the host of the 9Innings Podcast, I cannot stress enough the importance of delving into the details of retirement planning. Jonathan's blog is a treasure trove of thoughtful analysis, providing insights into significant factors like Medicare Advantage versus traditional Medicare and the potential impact of the widow's tax on retirees.

I shared a story about a lady considering Medicare Advantage, highlighting the need for early planning, including Roth conversions, to mitigate tax issues for surviving spouses.

The 4% Rule and the Financial Implications of Climate Change

Our conversation took a turn towards the popular topic of the 4% rule. This rule suggests that withdrawing 4% of a portfolio's value in the first year of retirement can sustain a 30-year retirement without depleting the portfolio. However, Jonathan and I acknowledged that this rule may need to be adjusted due to changes in the stock market and bond yields.

We also touched upon the financial implications of climate change. I raised concerns about the disposal of batteries used in alternative energy sources and the potential negative impact of rising sea levels on coastal areas. Jonathan suggested that people should research potential flooding risks and consider the possibility of a reversal in migration patterns to warmer regions.

Personal Experiences and Future Predictions

I shared my personal experience with flooding in my neighborhood, expressing frustration with poor urban planning. I questioned the sustainability of relying solely on one energy source and highlighted the potential reliance on dirty energy to meet the increased demand for electricity.

Jonathan acknowledged that these topics are beyond his area of expertise but agreed that there will be significant changes in the future.

Overcoming Financial Mistakes and the Possibility of Retirement

Jonathan emphasized that most people don't get it right from the beginning, often spending their 20s and 30s experimenting with investments and worrying about market fluctuations. However, he shared that many contributors to his book were able to overcome their early mistakes and retire comfortably by making the right decisions for a couple of decades. Jonathan believes that if they can do it, so can anyone else.

Wrapping Up

I introduced Jonathan as a wonderful and intelligent guest with unique insights and encouraged the audience to enjoy his commentary. I reminded them of our podcast's mission to educate, empower, and engage.

I also took the opportunity to promote my book, "MLB to CFP®" available on Apple and Amazon. I invited the listeners to subscribe to the podcast channel and concluded by thanking them for joining and urging them to stay humble and safe. I promised to return with more episodes soon.

Stay tuned for more insightful conversations on the  9Innings Podcast. Until then, stay humble and safe!

Podcast Available:




9i Capital Group LLC is a registered investment adviser.  Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.  Investments involve risk and, unless otherwise stated, are not guaranteed.  Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.