This episode has a surprise in the middle when someone on Quora pipes in and tries to shoot down one of the things I teach related to retirement and financial planning. Listen in to see how I handle this objection. I also cover how to Responsibly Outsource Our Medical expenses, the Get a ROOM acronym, when the time comes that our health begins to fade. Only the Joker Brokers believe you should be the one paying those expenses. Learn who wants to pay them for you.
I thought this episode would be a short one, but when I finished with the rough draft recording, it was over 37 minutes long. I guess being able to access your money in retirement is important. Listen in to see how to have an amazing retirement plan and penalty-free access to enough money at all times.
The premature death of a spouse is already horrific but it also has financial consequences. In this episode, I'm going to teach you how to make sure your spouse will be OK if you happen to pass away before your time. If you have a Short Life, then you need to Get a CLUE! I'll explain exactly what you need to do with three terrific options to ensure your financial and retirement plan are ready for all Five Lives of Retirement.
Get a GRIP is part of the Five Lives of Retirement series where I teach you to Get a GRIP, get a CLUE, get a JOB, get a ROOM and get a LIFE. Each one is an acronym for how to set up your financial plan to make sure you and your family are going to be ok whether you have a Long Life, Short Life, Rough Life, Sick Life and into The Next Life.
Taxes will most likely go up according to historical tax rates. With the fact that Social Security and Medicare are underfunded, and the fact that David Walker says they will. In this episode, I explain how to divorce the IRS and use the Rich Man's Roth IRA to create tax-free retirement distributions no matter how much income you make and there's no limit on what you can put into it.
Do you think taxes may go up between now and when you pass away? If so then creating tax-free income is essential for making sure that you will enjoy the best retirement lifestyle possible. Inflation is constantly eating away at the value of your dollars, don't let the IRS do the same! In this episode I will show you three sure fire ways to create tax-free income in retirement.
What would happen to your income, your retirement lifestyle, if a giant chicken ate your spouse, or they died in some more traditional way? You may be shocked to find yourself in a higher tax bracket with less income than ever before. In this episode, I explain this in detail and also give you a sneak peek of books and episodes to come. To see the video of the giant chicken eating Mr. Jones (lego version) go to www.MeritVideos.com
There are two very different types of financial planning approaches in the world and I'll bet you're only aware of one of them. Luckily I was trained by a 30-year retirement planning veteran who used the other one! Wait until you hear what this other approach will do for you...
27 minutes into a passion-filled episode on Asset Optimization my computer rebooted on it's own. I hate Microsoft. Here's a radio interview I did on a statoin in Tacoma Washington and surrounding areas.
Do you think the letters behind your advisors name mean anything? They don't, and in this episode I show you the truth behind the licensing, certifications, and continuing education that keep financial and retirement planners in the dark about how to actually do their jobs. I will also show you exactly what to do to make sure that, no matter what type of planner you have, you get the best retirement possible.
Microsoft 10 Screwed up the microphone quality but the information is OFF THE HOOK! What can you learn about retirement from me talking about passing slow tractors in Maui? You'd be surprised - listen and learn!
I really don't like talking about going bankrupt but I care more about you than I do myself. This is by far my favorite episode yet. If this episode doesn't change how you feel about investing for retirement, I don't know if anything will. No songs, no skits, just the lesson of a lifetime and a call to action that will save you from what happened to me and someone very near and dear to my heart. Do not make the mistake I did or your retirement will go bankrupt.
A small amount of Cyanide ruins a perfectly good glass of pure, mountain spring water. How much more if the glass is 99% poison and 1% water? The Retirement and Financial Planning industry is a good, pure glass of spring water....but the poisonous bad guys have ruined it for us all. It's time to take back what is ours and in this episode I show you where to begin.
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.