Part 3/4: Turning Goals into Plans with Patrick Geddes

Part 3/4: Turning Goals into Plans with Patrick Geddes

Author: Next Gen Personal Finance March 18, 2026 Duration: 58:29

In this episode of the NGPF podcast, investment professional Patrick Geddes walks listeners through the fundamentals of turning financial goals into actionable plans, covering topics like retirement planning, asset allocation, and how time horizons should shape investment decisions. He explains practical tools like the 4% withdrawal rule, walks through a concrete example of calculating how much a retiree will need in their portfolio, and discusses the pros and cons of target date funds. Patrick makes a strong case for low-cost, cap-weighted index funds over active management, arguing that the evidence in favor of indexing is overwhelming, and covers how to think about stock and bond selection across both taxable and tax-advantaged accounts. He also tackles the often-overlooked complexity of viewing your total portfolio across all accounts simultaneously, including a case study where listeners calculate a sample investor's true asset allocation. The episode wraps up with practical guidance on rebalancing, how often to check your accounts, and the importance of accounting for taxes when evaluating the real value of different account types.


Behind the mission of Next Gen Personal Finance-a nonprofit dedicated to ensuring every U.S. high school student takes a personal finance class-is a vibrant community of educators constantly refining their craft. The NGPF Podcast sits at the heart of that conversation. It’s a space where teachers, curriculum specialists, and sometimes even students share their real-world experiences and challenges in bringing financial literacy to life. You’ll hear practical discussions about what actually works in the classroom, from innovative lesson plans to navigating tricky topics like investing, credit, and behavioral economics. The episodes, often born from the organization's deep investment in teacher professional development, feel less like formal lectures and more like insightful coffee-break chats with colleagues who are just as passionate about empowering the next generation. Tuning into this podcast offers a direct line to the strategies and stories that are shaping financially capable young adults, all grounded in the high-quality resources NGPF is known for. It’s an essential listen for anyone invested in the practical side of financial education, whether you're in a classroom or simply believe in the critical importance of these skills for the future.
Author: Language: English Episodes: 50

NGPF Podcast
Podcast Episodes
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