Sure, you want early financial independence. But how do you achieve it? What are the necessary action steps to reach the goal, and how can you expect your life to change afterward? Surprisingly, it doesn’t work like most people think. In this latest addition to our podcast series, Luke Landes shares how he achieved freedom from day-to-day financial worries at such an early age, and what his life experience has been like since reaching the goal. Surprisingly, it’s not what most people would expect…
FM 014: Life Reimagined and The New Retirement with Richard Leider
The “New Retirement” is gathering momentum and catching major media attention. In fact, no less than AARP has gotten behind the initiative with a new book titled “Life Reimagined” by Richard Leider. If you have any interest in retiring with financial security and enjoying a happy life (who doesn’t?) then this interview is a must listen. Richard and I reveal new insights to help you…
FM 012: The New Retirement – A Little-Known Path To Fulfillment with Ken Turek
If you think retirement is about old age and endless rounds of golf then think again. Increasing longevity has changed all the old rules for retirement planning. When you understand the new rules you can retire younger with less money, greater financial security, and greater life fulfillment. This isn’t your father’s or grandfather’s retirement. It is a whole new definition of what it means to “retire” and explains how you can completely redesign your life for fulfillment far earlier than you ever imagined possible…
FM 010: How To Engineer Your Wealth Using Retirement Calculators With Darrow Kirkpatrick
Retirement calculators are powerful tools when used properly, but they are weapons of mass deception when used incorrectly. In episode #10 of the Financial Mentor podcast, Darrow Kirkpatrick and I reveal the tricks and traps to using retirement calculators right. This topic is much bigger than just retirement planning. This is about engineering your way to wealth and using retirement calculators as a handy tool to make the math easy. There are many nuances and little-known creative strategies that can help you achieve financial security much earlier than you ever imagined possible. And there are many potholes you must avoid so you don’t make foolish decisions…
FM 009: How To Convert Your Volatile Investment Portfolio Into Automatic Income With Wade Pfau
How do you convert a volatile portfolio into a stable, automatic income stream? After all, your investment portfolio goes up and down like a roller coaster, but your retirement spending requires a reliable income that you will never outlive. Traditional financial planning provides an oversimplified answer in the 4% Rule, but the latest research into safe withdrawal rates has revealed surprisingly different conclusions that can dramatically impact how you plan your retirement savings strategy…
FM 004: Early Retirement Success Story with Doug Nordman
Early retirement is simple. Discover how to do it with confidence and security in this interview with Doug Nordman illustrating the essential principles nearly everyone must follow. Doug’s story is a great example because his path was unusual, but the principles he followed are not. They are timeless and essential to achieving the goal. Discover how…
FM 002: How To Retire At 50 with Darrow Kirkpatrick
Discover how to retire at 50 in our second podcast interview featuring Darrow Kirkpatrick. You’ll learn proven investment strategy, the key savings principles that work reliably, and surprising insights explaining why frugality is more important than commonly understood and why security is less important. This is the “Everyman’s” path to wealth that just plain works if you listen and implement the lessons…
FM 001: The Truth About Retirement Income & Dave Ramsey’s Shocking ROI and Safe Withdrawal Rate Assumptions with Wade Pfau
In this first episode of the Financial Mentor podcast, professor Wade Pfau reveals the truth about retirement income and investment return assumptions so you can plan your financial future with confidence. All research and facts are contrasted with Dave Ramsey’s unsupportable claims that you can realistically expect 12% investment returns and an 8% safe withdrawal rate in retirement. The result is deep knowledge about sound retirement planning strategy practices so you can build your financial security with confidence and peace of mind…
Retirement Planning Is Dead
Traditional retirement planning is dead. It’s an old world model in need of a major facelift. The problem is baked into how the the system is designed—it’s not realistic. The skills and knowledge required to execute a traditional retirement plan are beyond most worker’s abilities. But there is an alternative…
The Smart Alternative To Retirement Planning
It’s so “old-skool” to work like a dog for 40 years scrimping and saving so you can retire and do nothing of substance for the remaining 30 years. That’s no prescription for happiness. It makes no sense. Increasing longevity has changed every aspect of retirement planning – from asset allocation to life fulfillment and everything in between. It is time to retire the word “retirement” and redefine our lives toward fulfillment – which means…
