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Ep 08 · Jun 24, 2026 · 40:55

Second Acts: Work That Isn't a Job

Consulting, teaching, and small ventures — what retirees are actually doing with the hours they got back.

StandbyEp 08
0:0040:55

Show notes

  • Why part-time income in the first five years does outsized work for a plan.
  • Consulting rates: charging for judgment, not hours.
  • The earnings test if you've already claimed Social Security.
  • Solo 401(k)s and the retiree who accidentally became self-employed.

Transcript

00:00 · Host

Almost everyone we talk to who retired at sixty is doing something for money by sixty-two. Not because they have to.

10:15 · Co-host

Twenty thousand dollars of income in year one is worth far more than twenty thousand in year fifteen, because it's money you don't withdraw during the risky window.

22:40 · Host

Price the judgment. You spent thirty years learning to answer that question in ten minutes — don't bill it as ten minutes.

33:05 · Co-host

And if you're under full retirement age and already claiming, watch the earnings test. It's withheld, not lost, but it surprises people.

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