Episode 365 – Rob Carrick's Eight Lessons Learned in 27 Years of Covering Personal Finance

In this episode of The Rational Reminder Podcast, hosts Benjamin Felix, Cameron Passmore, and Dan Bortolotti interview Rob Carrick, a recently retired personal finance journalist, to reflect on his 27-year career and glean insights from his experiences. Carrick shares his perspectives on the increasing pressures of consumerism driven by social media, the need to rethink traditional financial milestones in light of longer lifespans, and the evolution of financial advice from commission-based sales to advice-forward planning. The conversation also covers the changing landscape of DIY investing, the unrealistic return expectations of investors, and the economic challenges faced by young adults today, as well as the financial industry's shortcomings in serving the aging population. Carrick offers parting advice, encouraging listeners to take small steps towards improving their finances and to forgive themselves for their mistakes.