What podcasts say about Erin Moriarity
Every statement, with the speaker, the exact quote and the moment it was said.
What Erin Moriarity has said on podcasts
37 statements · 22 positive · 8 negative · 1 mixed · 6 neutral
Predicting stock-market movements is difficult.
“predicting the stock market is harder than you might imagine”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 3:42
Individual stocks can engage children in learning about investing.
“I really like the idea of people. getting their children interested with individual stocks.”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 3:45
Many advisors typically require around $1 million in assets or net worth.
“a lot of advisors have this threshold of investments or threshold of assets or net worth that they would be willing to work with. And usually it's around a million.”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 5:17
Social Security is important and necessary for retirees.
“I believe in the program. I think we need it. I think it is very important for our retirees.”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 8:47
Retirees can maintain their lifestyle with realistic, not necessarily multimillion-dollar, portfolios.
“my goal is to make people feel comfortable maintaining their same lifestyle on a realistic portfolio”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 9:20
Financial information is ineffective if people cannot understand or apply it.
“If they can't understand it, if they can't apply it to their life, it does no good.”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 12:08
Extreme-sounding financial claims usually warrant further investigation.
“if something sounds too good to be true or if it sounds like it's epically awful usually that's not true and warrants further investigation”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 13:35
Short-form videos generally cannot convey meaningful financial information.
“I think it's really hard to convey anything meaningful in finance within a 60 second period.”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 13:54
The 4% rule is a useful starting point for retirement planning.
“I think it's a wonderful starting point.”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 14:59
Retirement finances should adapt as life circumstances change.
“we have to be adaptable”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 15:33
Retirement spending commonly follows a spending-smile pattern.
“I tend to believe in the retirement spending smile.”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 16:05
Guardrails are an effective flexible retirement-spending strategy.
“I think guardrails are wonderful”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 16:56
Most bear markets last less than 24 months.
“bear markets do happen most of them are fairly short-lived i would say you know less than 24 months”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 18:19
Portfolio diversification can reduce the impact of severe market downturns.
“If you have a diversified portfolio, it doesn't hit as hard”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 18:36
Automated transfers can help retirees spend from investments.
“automation can help you spend”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 20:05
About 10% of people may truly enter a long-term-care facility.
“The number of people who truly end up in a long-term care facility. is much smaller than that. I think it's in the neighborhood of maybe 10%.”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 22:02
Median stays are about three years in long-term-care facilities and one year in nursing facilities.
“most people who end up in a long-term care facility, median stay is around three years. Nursing care facility, it's around one year.”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 22:14
Most retirees will not enter long-term-care, nursing-care, or memory-care facilities.
“The vast majority of people who retire will not end up in a long-term care facility or a nursing care facility or a memory care facility.”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 23:18
Unpaid family caregiving imposes economic costs through lost earnings and savings.
“there is absolutely a cost, even though you're not seeing it come out of the checkbook”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 24:10
Staggered claiming can increase married couples’ lifetime benefits and security.
“If people are married, I generally see that staggered claiming leads to higher lifetime benefits and a little bit more security”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 27:52
Social Security will undergo reform and benefit changes.
“I do think Social Security will experience reform and we'll see changes.”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 28:40
People over 50 likely will not face benefit reductions.
“I think people over 50 don't have to worry about changes to their benefits.”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 29:09
Younger workers will still receive Social Security, though benefits will change.
“I think people in my generation, 30s, I think... Benefits will change, but benefits will be there.”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 29:13
Current Social Security revenues cover about 77% of scheduled payouts.
“which currently is about 77% of what the payouts would be”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 29:31
Younger workers should save without relying heavily on future Social Security benefits.
“I want you saving and investing in a way where you're not relying on it because I'd rather you get to retirement and say, oh, I have more than enough”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 30:13
Inflation-adjusted lifetime income streams provide substantial value.
“There's great value in having a reliable income stream that is inflation adjusted for the remainder of your life.”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 31:40
Annuities have a legitimate role in retirement planning.
“I think there is definitely a place for annuities.”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 33:18
Annuities can help spending-averse retirees create paycheck-like income.
“If you're truly scared to spend from your portfolio, I think it's a great way to mimic an income.”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 33:29
A retiree might annuitize roughly 25%–30% of a portfolio, not all of it.
“maybe it's 25, 30%, certainly not all of it”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 33:40
Immediate and deferred-income annuities generally have lower fees and complexity.
“I would probably say immediate annuities or deferred income annuities. They have lesser fees and lesser complexity.”
Open the episode · Erin Moriarity: My Dad Lost About $1.5 Million on Bad Investments. Here’s How to Avoid His MistakesListen at 34:03
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.