Full Show: Catch Up Secrets for Savers 55+ and Does the 4% Rule Really Work?

Are you 55 or older and feeling behind on retirement savings? Or perhaps you're wondering how to make your money last once you do retire? Fiduciary financial advisor Wes Moss dives deep into crucial strategies for those 55 and up, including powerful "catch-up" contributions for your 401(k), IRA, and HSA that can add thousands to your nest egg. Also, Wes also reveals the often-debated but incredibly powerful 4% rule, explaining why it's a critical guideline for sustainable retirement withdrawals and how it can reduce your anxiety about running out of money. Plus, Christa shares your #AskWes questions and Wes gives his take. All this and more on the August 5, 2025, Ask an Advisor episode of the Clark Howard podcast. Submit your questions: https://clark.com/ask Related resources: https://clark.com/personal-finance-cr... 00:00 - Intro 01:51 - Catch-Up Secrets for Savers 55+ 11:02 - Ask an Advisor - Can we still be Happy Retirees On Balance (HROB) if we retire at 55 with a mortgage and kids at home? (Renee in CO) 16:34 - Ask an Advisor - What are penny stocks and do they ever actually pay off? (John in GA) 18:39 - Ask an Advisor - Should a pension be treated like a bond when deciding stock allocation before retirement? (Joel in ID) 21:24 - Does the 4% Rule Really Work? 31:14 - Ask an Advisor - How does the 4% withdrawal rule apply if my portfolio drops significantly in early retirement? (Justin in NY) 33:18 - Ask an Advisor - Why don’t more financial advisors prioritize dividend and income-generating strategies for retirees? (Joe in FL) 38:17 - Ask an Advisor - Should I switch from Vanguard’s VWO to the new ex-China emerging markets ETF (VEXC)? (Lucas in CA) Clark.com: Advice You Can Trust: SUBSCRIBE:    / clark   Listen To The Clark Howard Podcast: https://clark.com/podcast Apple Podcasts: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/3lrwhe2... iHeartRadio: https://www.iheart.com/podcast/8-the-... Follow Us for More Money Tips: Website: https://clark.com/ Podcast: https://clark.com/podcasts/ Newsletter: https://clark.com/newsletters/ Instagram:   / theclarkdotcom   Facebook:   / clarkhoward   Need Consumer Advice? The Consumer Action Center is a free resource for advice on money and consumer issues. Call 636-49C-LARK (636-492-5275) and a member of Team Clark will assist you as soon as possible. The Consumer Action Center is available Monday-Friday from 10 a.m. to 4 p.m. ET. If you found this video valuable, give it a like. If you know someone who needs to see it, share it. Leave a comment below with your thoughts. Add it to a playlist if you want to watch it later. Our Promise to You: At Clark.com and ClarkDeals.com, we do not get paid for endorsements or reviews of any product or service, nor do we allow advertisers to place paid content on our sites. More information: https://clark.com/ad-disclosure/