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

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.

You can listen to Part 3/4: Turning Goals into Plans with Patrick Geddes online on Radio and Podcast. Open the player on this page to stream the available audio.

Part 3/4: Turning Goals into Plans with Patrick Geddes is an episode from Next Gen Personal Finance by Next Gen Personal Finance.

This episode is 58:29 long.

This episode was published on Mar 18, 2026.

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