Should You Retire Sooner, and Is Your Fund Winning?

Robert Brokamp hosts the Saturday Personal Finance edition of Motley Fool Money, beginning with a discussion of recent financial news, including turmoil at the IRS, the dangers of high credit card debt, and the 90th anniversary of Social Security. Brokamp then interviews Wes Moss, a financial advisor and author, about his research on fulfilling retirements, focusing on the importance of "super activities" or core pursuits and the significant role socialization plays in retiree happiness. Moss advocates for retiring sooner when financially feasible, highlighting that simply entering retirement can boost happiness. He also emphasizes the importance of financial planning to alleviate anxieties about outliving one's savings. Finally, Brokamp shifts the focus to mutual fund performance, advising listeners to compare their actively managed funds against index funds to ensure they are outperforming their benchmarks and advocating for low-cost investment options in employer-sponsored accounts.