Join us for our first long-form episode where we discuss everything you need to know about the Infinite Banking Concept (IBC). We will explore where the IBC fits and where it doesn't fit in the broader context of a retirement plan.
Are you using an old scorecard to build wealth? Or are you using one that fits what you are actually working to build? Today, we’re excited to introduce Eric’s new book, The Wealthy Entrepreneur Scorecard, Seven Steps to Keeping More While Working Less .
We often get the question: how could anyone fall for a Ponzi scheme?!?!? It is actually really easy to do, and a lot of it has to do with a breakdown in Mindset and Strategy. Join us as we walk through some of the things to watch out for and how to protect yourself from the "Sure thing."
Join us as we dive into a conversation we have almost daily with our clients. We hope to share some perspective on the dreaded mid-life or quarter-life crisis and how to think through it.
Join us as we walk through three types of financial burnout. We talk through how to spot each type and what to do in order to win and not get stuck.
Challenges in life either make us better or bitter; it is all a matter of choice and perspective. In this holiday season, we encourage you to be thankful for the times that try you and cause you to grow.
The misleading update on the “4% rule.”
Join us as we walk through some of the key questions to ask when looking at your priorities around money and how to know what is truly important.
Join us as we tackle the industry's response to helping Gen Z prepare for retirement. Referenced link: Gen Z is 'Soft Saving' for Retirement
The important questions to ask and steps to avoid when the "Magnificent 7" are running the show.
None of us have a crystal ball and can't predict market returns 5 years out, much less 5 months out. That unpredictability can cause major issues when it comes to having more income than birthdays. Join us as we walk through a concept called sequence of return risk and how it can affect your ability to take income throughout retirement.
Jim Rohn once said, “You are the average of the five people you spend the most time with.” The same could be said for the information we consume and the advice we take. When it comes to building wealth, you have to be selective with the information you consume. Is the information relevant to where you are and hope to be? Is it in alignment with your family’s true scorecard for success? Is the information designed to help you become wealthy or designed to help you not go broke? The starting point...
Join us as we walk through the six big challenges most families face when trying to retire early. Many of these are easy fixes and go back to simply having the right mindset and strategy.
Join us as we walk through the importance of a properly built system to help maximize the income from your investments and the power that comes from balance: Your distribution engine—the most important and most overlooked part of a financial plan.
It can sometimes feel like the secrets of wealth creation are the exclusive purview of the elites or the “already wealthy” crowd. The truth is, there are very few “secret” tools out there. Wealth creation is about critical thinking, discipline, good strategies, and the right mindset. One of the most significant challenges to creating wealth is what Gay Hendrix refers to as the "upper limit problem."
Join us today as we walk through a real-life case study of what happens when good savings habits are paired with a highly balanced system of accumulation and distribution. The result of the mindset and strategy shift is not just higher income for its own sake but the ability to do more, bless others, and leave a larger legacy to the people and causes you love.
Come join us for the final installment of our three-part series on achieving a $100k retirement income. In this episode, we'll delve into some eye-opening insights and truths gleaned from the two different scenarios. You might be surprised by what we reveal! One thing that's clear is that starting early is advantageous compared to starting late. But don't worry if you feel like you're behind - there's still a way forward.
Join us for episode two in a three-episode series on what it takes to retire with $100k in income. This week we explore a client in their 50s using industry averages for asset size and saving rate. We explore the mindset, strategy, and tools needed to get that 50-year-old up to $100k in income by the time they are 65. If you are not in your 50’s, tune in anyway. There are some great universal lessons that can be applied to any age and situation.
Join us for a three-episode series on what it takes to retire with $100k in income. This week we explore a client in their 30s using industry averages for asset size and saving rate. We explore the mindset, strategy, and tools needed to get that 30-year-old up to $100k in income by the time they are 65. If you are not in your 30’s, tune in anyway. There are some great universal lessons that can be applied to any age and situation.
Join us as we talk with the 1992 Olympic gold medalist in Kayaking, Joe Jacobi. Finding purpose, not letting life's currents overwhelm you, and seeing obstacles as opportunities to go faster. Links to Joe's websites and book: Joe Jacobi - on LinkedIn Slalom - Found on Amazon Sunday Morning Joe - Sunday Morning Inspiration That Your True Self Craves...
If you are over 50 and taking advantage of the catch-up provision in your 401(k), there could be some changes in how 401(k) companies are required to allocate those dollars. If you are under 50, you should still listen to this one. The potential changes could signal a broader shift in how the IRS looks at near-term vs. long-term tax revenue from qualified plans. Join us as we walk through the mindset behind the potential rule change. Strategically, we can look at the pros and cons of the change ...
A look through the lens of Mindset - Strategy - Tools at some of the challenges in the current interest rate environment. From a mindset standpoint, the key message today is don’t get stuck in how things have been done in the past just because they have been done that way. As they say in military circles, “The enemy always gets a vote.” When the world adjusts, it is important to be flexible in the response. From a strategy standpoint, the big question is how to get yield AND safety when the inte...
This week, Mary and Eric discuss managing entrepreneurial finances from a creative perspective rather than crowdsourcing your strategies and building your financial plan by consensus. Are you playing an entrepreneur's game with W2 strategies?
Mary and Eric discuss financial scorecards using mindset, strategy, and tools to help establish a financial roadmap based on personal values, success, and happiness principles. It’s hard to be patient without a plan, and by building a tailored scorecard, you can more easily track progress towards your end goals.
Mary and Eric discuss the nuances of financial education and financial advice. Then Eric shares his new educational enterprise, Acorn Grove, including plans for mastermind and accelerator groups to broaden and expand access to financial education.
One of my hero’s is Zig Ziglar. He had hundreds of quotes about money and life. One of the most insightful is “money won’t make you happy . . . but everybody wants to find out for themselves”. This is so true and I have seen it show up in my life and the lives of so many clients over the years that it is almost a cliche. The pursuit of the all mighty dollar is not a bad thing, as Zig says, “Money isn’t the most important thing in life, but it’s reasonably close to oxygen on the ‘gotta have it’ s...
It is fairly common when talking about retirement for words like equity, bond, 401k, and Roth IRA to all be a part of the conversation. However, when the idea of insurance as one of the assets that can be used in planning, we often see a “skip in the record” in the client's mind. Inevitably, the next words that come out typically start with something like, “But I heard . . . . “. For whatever reason, insurance as an asset and a tool tends to come with a fair number of myths and half-truths. In t...
It is fairly common when talking about retirement for words like equity, bond, 401k, and Roth IRA to all be a part of the conversation. However, when the idea of insurance as one of the assets that can be used in planning, we often see a “skip in the record” in the client's mind. Inevitably, the next words that come out typically start with something like, “But I heard . . . . “. For whatever reason, insurance as an asset and a tool tends to come with a fair number of myths and half-truths. In t...
It is fairly common when talking about retirement for words like equity, bond, 401k, and Roth IRA to all be a part of the conversation. However, when idea of insurance as one of the assets that can be used in planning, we often see a “skip in the record” in the client's mind. Inevitably, the next words that come out typically start with something like, “But I heard . . . . “. For whatever reason, insurance as an asset and a tool tends to come with a fair number of myths and half truths. In the n...
When it comes to building wealth and managing risk, we like to believe we have ice in our veins. In our experience, very few are immune to the effects of uncertainty. Yet risk, uncertainty, and our reactions to it can be a major factor in our ability to build wealth. Join us for the final episode as Mary Lyons, the Wealth Woman, and Eric Alexander of Benchmark Income Group talk with Ian Cron about the Enneagram system how each type handles volatility. Ian Morgan Cron is a renowned teacher of the...
