The evolution of retirement has been changing for decades and with people living longer than before, many people are wondering where they will end up when their time comes.

This week on the show, Brad explores I Have a Pension, DROP, Deferred Compensation...Why Don't I Feel Wealthy?, breaking down why having multiple retirement benefits doesn't always translate into feeling financially secure. From pensions and Deferred Retirement Option Plans (DROP) to deferred compensation accounts and other retirement savings strategies, Brad examines the difference between building wealth on paper and actually experiencing financial freedom. He explores why even those with seemingly strong retirement plans can struggle with financial uncertainty, how lifestyle inflation and rising expenses can impact your sense of security, and why understanding your overall financial picture is just as important as accumulating assets. Whether you're approaching retirement, navigating your employee benefits, or wondering why your financial progress doesn't match how wealthy you feel, this episode offers valuable insights to help you better understand your money and make more confident financial decisions. Because true wealth isn't just about how much money you've accumulated; it's about the freedom, confidence, and peace of mind that come with knowing your money is working for you.

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Show Highlights Include:

· Pension (2:25)

· Lifestyle Inflation (7:00)

· Psychology (9:30)

· Practicality (11:30)

To schedule your free retirement tracking meeting, specifically for first responders, head to http://pensionattention.com/ or call us at 805-410-5454.

The evolution of retirement has been changing for decades and with people living longer than before, many people are wondering where they will end up when their time comes.

This week on the show, Brad explores the sunk cost fallacy and why knowing when to walk away can be one of the most important financial decisions you make. From holding onto losing investments and staying in unfulfilling careers to continuing to spend money on something simply because you've already invested so much into it, Brad breaks down how our past decisions can cloud our judgment and keep us from making better choices for the future. He explores the psychology behind why we struggle to let go, how emotions like guilt and fear of failure influence our financial behavior, and why investing more time or money into something doesn't always make it worth saving. Whether you're holding onto a bad investment, questioning a major financial commitment, or struggling to walk away from something you've already put so much into, this episode challenges you to rethink how you make decisions. Because sometimes, the smartest financial move isn't knowing when to keep going, but recognizing when it's time to let go.

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Show Highlights Include:

· What is Sunk Cost Fallacy? (1:45)

· Loss Aversion (6:30)

· Commitment Bias (7:30)

· Endowment Effect (8:30)

· Strategies (12:00)

To schedule your free retirement tracking meeting, specifically for first responders, head to http://pensionattention.com/ or call us at 805-410-5454.

The evolution of retirement has been changing for decades and with people living longer than before, many people are wondering where they will end up when their time comes.

This week on the show, Brad explores how to teach your kids about money at every age and why building a strong financial foundation starts long before adulthood. From teaching young children the difference between wants and needs to helping teenagers understand budgeting, saving, investing, and responsible spending, Brad breaks down the essential money lessons every parent should be passing down. He explores how everyday conversations about money can shape a child's financial mindset, why leading by example is one of the most powerful teaching tools, and how to introduce financial responsibility in ways that make sense at each stage of life. Whether you're raising a toddler, navigating the teenage years, or preparing your child to become financially independent, this episode offers practical insights to help you raise financially confident and responsible kids. Because teaching your children about money isn't just about dollars and cents; it's about giving them the knowledge, habits, and confidence to make smart financial decisions for the rest of their lives.

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Show Highlights Include:

· Elementary and Middle School (3:00)

· High School (6:30)

· Early Adulthood (12:30)

· Early 30s (14:30)

· Signs They're Ready For More (17:00)

To schedule your free retirement tracking meeting, specifically for first responders, head to http://pensionattention.com/ or call us at 805-410-5454.