3D Printing, Smart Money Moves, and Finding Joy in Retirement

I’ve always believed that financial planning is about more than just numbers—it’s about preparing for the future while embracing innovation and enjoying the present. In a recent discussion, I explored everything from breakthrough technology like 3D printing to retirement savings strategies, estate planning, and even finding joy in everyday life. Here’s what stood out.

3D Printing: A Game-Changer for the 21st Century

Technology is moving at lightning speed, and one of the most exciting innovations is 3D printing. Avi Wright Cantor explained how this technology builds objects layer by layer using metals, plastics, or rubbers. Think of it as manufacturing without inventory or complex tooling. From F-35 aircraft parts to guitars shaped like the New York City skyline, 3D printing is already proving its versatility. And in just 5 to 10 years, it’s expected you’ll be able to design and print items like shoes at home. That’s revolutionary for both entrepreneurs and large corporations. For investors, this means opportunity. Companies strategically positioning themselves in 3D printing and related industries are set up for exponential growth.

Smart Retirement Money Decisions

I often get asked whether it’s okay to dip into retirement savings for non-retirement needs—like buying a car. My answer? Don’t do it. The taxes, penalties, and long-term consequences far outweigh the short-term benefit. A better option might be an inexpensive used car, car-sharing systems, or other creative solutions. Your retirement accounts—IRAs, annuities, or 401(k)s—should be preserved for what they’re designed to do: secure your financial future.

Real Estate: When You’re Underwater

Ashley from Annapolis asked about buying a new home while still underwater on her current one. My advice? A short sale might be an option, but it’s complicated. Selling for less than what you owe and having the lender forgive the difference can hurt your credit and complicate qualifying for a new loan. That’s why I always recommend moving carefully and consulting both your lender and a trusted financial planner before making a move.

The Truth About Long-Term Care Insurance

Another listener asked about pre-funded long-term care policies that require one big upfront payment. My take? Be cautious. These policies are rarely the best option. The upfront cost is high, and there’s no guarantee the company will deliver decades from now. A pay-as-you-go policy, combined with investing the lump sum to generate income for premiums, usually makes more sense.

Staying Invested Through Market Crashes

Tom from Florida wanted to know if moving to cash during a market crash is a smart strategy. My answer was simple: no. Market timing almost always backfires. One of my clients predicted the 2007 crash perfectly but failed to reinvest for the recovery—and missed huge gains. The better path is to stay invested, rebalance as needed, and rely on professionals to take the emotion out of decision-making.

Estate Planning Pitfalls

One of the biggest mistakes I see is people not taking any action at all—no wills, no trusts. Another mistake is titling assets jointly across generations, which often creates unnecessary tax burdens for heirs. Estate planning may feel intimidating, but it’s essential to protect your family and your assets.

Finding Joy in Everyday Life

Finally, Jean reminded us of something too many people forget: life isn’t just about money. Taking time for small joys—a walk, a cup of tea, playing with your pets—keeps us grounded. These moments of happiness matter just as much as financial security, and they make the journey worthwhile.

The Takeaway

From revolutionary tech like 3D printing to retirement strategies and estate planning, the key theme is balance. Plan wisely for the future, invest in opportunities that align with growth, and don’t forget to enjoy the life you’re working so hard to create.

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