Think a $2 million nest egg makes you rich? On this week’s Best of Simply Money podcast, Bob and Brian break down the often misunderstood line between being wealthy and being truly financially independent. From benchmark net worth stats to the emotional rollercoaster that accompanies money management, they dive into the crucial questions every high-earner should ask themselves before and during retirement. You’ll also learn why knowing your spending habits matters more than your net worth, how to build a guardrail strategy for market dips, the silent dangers of holding too much cash, and the emotional impact of delayed retirement. Plus, an estate planning expert joins the show to bust some common myths and share what most people overlook. Whether you're nearing retirement or just curious about your financial future, this episode delivers practical advice with a dose of hard truth.
