In this episode of the Retirement Planning Podcast, hosts Darrin McComas and Jason Fox discuss the importance of preserving wealth during retirement rather than focusing solely on high returns. The episode is part one of a three-part series titled 'It's Not What You Make, It's What You Keep.' They introduce the Bucket Plan financial process, which includes strategies for investment, risk management, and ensuring a steady income during retirement. The hosts emphasize the need to shift from an accumulation mindset to a preservation mindset as one approaches retirement. They use real-life examples and statistical data to demonstrate the pitfalls of focusing solely on gains without considering market volatility and other risks. Future episodes will delve deeper into tax planning and protecting one's financial blind side.

00:00 Welcome to the Retirement Planning Podcast
00:47 Meet Your Hosts: Darrin McComas and Jason Fox
00:52 Series Introduction: It's Not What You Make, It's What You Keep
01:14 Part 1: Giving Back Your Gains
01:34 The Importance of Shifting Your Mindset in Retirement
04:35 The Bucket Plan System Explained
08:56 Market Losses and Recovery
09:59 The 4% Rule and Sequence of Returns Risk
13:02 The Bucket Plan: Now, Soon, and Later Buckets
18:06 Wrapping Up: It's Not What You Make, It's What You Keep
18:33 Preview of Next Episode: Taxes in Retirement
19:29 Closing Remarks and Disclaimers