In this powerful episode I introduce the MERIT Planning philosophy of financial and retirement planning. MERIT stands for Mortgage Plan, Estate Plan, Retirement Plan, Insurance Plan and Tax Plan. If all you do is pay attention to these five things, and how they work together, you can make amazing improvements to your investment and retirement strategies.
Do you own rental properties? Would you like to know how to make the cash flow even better? Would you like to know how to get rid of them completely, avoid capital gains taxes, and make even more monthly income? In this episode, I introduce the deferred sales trust that helps you avoid capital gains and my two income, one expense model of owning rental property. This one will make a huge different in your life.
There are horrible annuities and there are life-changing amazing annuity contracts that will give you the best retirement imaginable. Come with me on a journey to explore the six types of annuities in an entertaining way. Also, the fourth chipmunk "Bill" shows up to sing a song for some reason.
When does 6.98% beat 8.22%? In this episode, I'm going to show you what the bad guys don't want you to know! Lower returns beat higher averages if you earn them in the right way. HOW you earn your rate of return is more important than HOW much rate of return you earn in retirement and financial planning. Listen up, you'll like this one!
What if your lifestyle could be 2, 3, or 4 times better in retirement? You can alter this with one simple adjustment to how you think about investments and how you make financial planning decisions. After reviewing over a thousand financial plans, I can safely say that almost every one of those families had this opportunity right in front of them. Sit back, grab a drink, and let me share some good news with you.
Just three letters are responsible for why you do not have more growth in your investment and retirement accounts....A..U..M. AUM is what drives advisors but does it drive them away from focusing on growing your money? I'm going to spill the beans on what I've seen by attending over 50 conferences and tell you what you need to do to get your accounts growing again. The bad guys won't like this one.
In this 12th episode, I'm going to give you a framework for how to choose the best products to go in each of the three types of money your retirement plan will need. Using G.R.E.A.T. as an acronym, I will show you how to shop for GREAT IN-Case Accounts (Emergency Funds), GREAT IN-Come Accounts (Annuities) and GREAT IN-Crease Accounts (Growth). You will never have to settle for less in your financial plan or investments again.
Any journey that starts by heading in the wrong direction will not end up well. Financial and Retirement Planning is the same. You must start in the right place, with the right questions, headed the right direction or your retirement and investments will suffer. In this episode, I give you the most important question to ask yourself BEFORE making financial decisions.
There are three things, three enemies to your setting up a successful financial and retirement plan. In this episode I'm going to explain each of the enemies that will keep you from investing properly. I'll explain where they come from and what to do to avoid them.
In this short but powerful episode, I'm going to share with you how to grow your retirement accounts as if you had the perfect market timing or found the perfect investment advisor. What if you found someone who sold at the top right before the market crashed, then bought at the very bottom right before every up move? You won't believe what's actually available to you for improving your finances.
In this special Mother's Day episode, I'm going to slay the biggest financial dragon in the country, the Mutual Fund. More people have Mutual Funds in their retirement plan than any other tool, yet for the vast majority of those owning Mutual Funds, they probably shouldn't. I'll explain everything and point you to a detailed white paper that will change your life and financial plan forever.
In this episode, we're going to cover surrender penalties which are actually a very important piece of a sound financial plan. I'm going to present you with a question that the bad guys will never ask you. After listening to this episode, you will begin to understand surrender penalties, how to get around them, why they are not actually a problem and so much more.
In this episode, I'm going to teach you about MECs or Modified Endowment Contracts. With two main uses, I'm going to show the really fun one which is how to use a MEC to earn 8-12% on your emergency fund money. There is no longer any reason to leave tens of thousands of dollars in the bank making 0-1%.
In this powerful episode I'm going to teach you something the bad guys want hidden from you at all costs. LOSING MONEY IS OPTIONAL. More Risk, More Reward is NO LONGER TRUE. A little-know tool called "The Annual Reset" will literally change everything in your life as it comes to compounding your money. Get ready, you're going to love this one.
In this episode I'm going to teach you what I call the most important thing I have ever learned about money. This is the biggest lie of them all and MOST of you listening will find that you are currently being impacted by this purposeful spin on the math. You will learn how to instantly spot when an advisor is lying to you and also how to fix the problem for yourself. You're going to be mad at your advisor but you will LOVE this episode.
The bad guys have trained the entire world to look for what's WRONG with every financial product: this will crush your retirement. There's no one food that will give you everything you need nutritionally and there's no one tool that is all you need to build an entire house. Finances are the same. There is no one tool that you need for retirement, but rather many different tools. The bad guys say all you need is securities and THEY ARE WRONG!
In this episode I cover the three pillars of financial deception that this industry uses to steel money from you and keep you doing what they want. You may get upset because these are three very sacred cows. I studied all three and do not agree with any of them. Listen to find out why. The three pillars of financial deception are: 1) You should pay off your mortgage 2) You should postpone taxes to a later date 3) You should use a diversified portfolio of stocks, bonds and mutual funds.
In this episode I'm going to teach you why the days of believing you need to find an Advisor you trust are over. Trusting someone to tell you what to do is dangerous and outdated. I am going to introduce you to a way to get exactly what's best for you every time.
Welcome to the Renovating Retirement Podcast. This will change your financial life and change the financial services industry. In this episode I will explain why I cannot sit by and stay silent anymore. The bad guys are going down and your retirement lifestyle is going to improve significantly.