In this episode I talk with Kevin Esler, the creator of tipsladder.com, a free website that helps you purchase TIPS -- Treasury Inflation Protected Bonds. Kevin is a retiree from Australia with an extensive background in software and technology, which he leveraged into a series of top software engineering jobs at a range of leading companies including IBM, HP, and Disney Plus. After moving to the US he settled into a series of roles that saw him specializing in evolving technology and software development. Kevin is uniquely positioned as an authority due to his multifaceted expertise in tech and finance, particularly in understanding and managing investment strategies involving Treasury Inflation-Protected Securities (TIPS).
Topics Covered:
Building a TIPS Ladder
Income from Maturing Bonds
Integrating Maxifi and TIPS ladder and how the 2 complement each other
Career Insights and Financial Security
Time Stamps:
00:00 Coupon payments and principal increase with inflation.
04:25 Kevin from Australia, retired, worked for Disney.
08:17 Joined Honeywell, fixed bugs, ended up staying.
10:54 Company values performance, career progression requires assertiveness.
16:44 Admiration for John Bogle, index fund investing.
19:51 Vanguard offers low-cost, diversified mutual funds.
23:45 Discretionary spending and living standard decline gradually.
26:18 Couple plans withdrawals from retirement and regular assets.
33:32 Reinvested returns, higher inflation, and tax implications.
36:17 Allocate savings over time to buy tips.
40:08 Government lacks TIPS for mature years 2035-2039.
43:32 Choose bond based on year and preferences.
47:39 Flexible income distribution option for annual streams.
51:02 "Reduce reinvestment risk when buying TIPS."
53:43 Integrating tipsladder.com with Maxify Planner, educating.
The valuable insights shared in this episode span both technical and financial planning realms, providing practical advice for retirees, tech professionals, and anyone interested in securing their financial future. Kevin's journey from tech savant to financial strategist illustrates the power of adapting one's skills to manage personal investments successfully. You'll walk away with the knowledge to build your smooth or time-varying TIPS ladder by purchasing from your broker the specific TIPS in the specific quantities that Kevin's tool suggests.
Economic Matters - The podcast is hosted by Laurence Kotlikoff, a Boston University Economist, a NY Times Best Selling Author, President of maxifi.com, and Author of Money Magic.
Stay Connected: Facebook, Twitter, LinkedIn
Learn to Build a TIPS Ladder with Kevin Esler -- the Creator of the Outstanding, Free Tool -- TIPSLADDER.COM