Episode 32: Beyond Gains and Losses: Exploring the Disposition Effect

Question, Comment? Send it Here! Why do we put off saving, follow investment hype, or spend money we planned to keep—even when we know better? Understanding what to do with your money and actually doing it are two different things. In this episode, Dr. Bryan Foltice explores the knowing–doing gap through five forces that shape our financial decisions: Present Beats Future, Emotion Beats Logic, Perception Beats Reality, Social Influence Beats Independent Thinking, and The Path Influences the C...

Question, Comment? Send it Here! The $100 Shirt That Cost Me $10,000 | Reciprocity, Reference Points & Procrastination How does a free personal styling session at Nordstrom turn into a $10,000 mistake? In this episode of the Dr. Bryan Foltice Behavioral Finance Podcast, Bryan shares how a complimentary wardrobe consultation led him to purchase a $100 shirt he didn't really want, establish an expensive new household spending precedent, and procrastinate past his intended return deadline. U...

Question, Comment? Send it Here! Retirement Withdrawal Rates in Real Life: Bryan Foltice’s Two-Bucket Approach Beyond the 4% Rule In this episode of the Bryan Foltice Behavioral Finance Podcast, we discuss how common retirement withdrawal rules hold up in real life and why anything above 4% can be dangerous due to sequence-of-returns risk and compounding inflation. We explore the “decumulation paradox,” where lifelong savers struggle to spend after retirement, and we frame retirement a...

Question, Comment? Send it Here! Retirement Withdrawals Beyond the 4% Rule: Bryan Foltice on Flexible, Inflation-Adjusted Strategies In this episode of the Bryan Foltice Behavioral Finance Podcast, we continue to explore why fixed withdrawal rate strategies like the 4% rule can fail over longer 40–50 year retirements, creating a “decumulation paradox” where retirees either run out of money or leave far too much behind. Today, we discuss proposed alternatives, including Guyton’s Guardra...

Question, Comment? Send it Here! Does the 4% Rule Still Work? Inflation, 50-Year Retirements, and What the Data Really Says In this episode, we dive into the fixed retirement withdrawal rate debate and why the popular 4% rule deserves a closer look. We discuss how the rule originated from Bill Bengen’s 1994 research, then walk through Bryan and Steve Dolvin’s analysis using U.S. data from 1928–2024 across stock/bond allocations and 30–50 year horizons. We compare results with and witho...