The True Wealth Show
The True Wealth Financial Show is dedicated to providing you the information and inspiration to help you navigate finance decisions, intentionally build wealth, and retire with confidence.
You can learn more at www.truewealth.show
Thanks for listening - Mike
You can learn more at www.truewealth.show
Thanks for listening - Mike
Episodes
80 episodes
5 Metrics to Determine if "Am I On Track for Retirement?"
Like the dashboard of your vehicle gives you information about your car while driving it, there are some major financial metrics to determine how you retirement is going.Today, I address and show you those 5 metrics you can monitor o...
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15:40
A Framework to Answer the 5 Big Retirement Questions - True Wealth Total Retirement System
In today's episode I, introduce the True Wealth Total Retirement System. I explain what it is, how it can help to answer the 5 major questions retirees or pre-retirees want to know, and share the details of the system.
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19:17
3 Things YOU Can Do to Take Advantage of Turbulent Markets
Last week the stock market took a pretty big hit. The question is, what should you do you about it?In this show, I answer that question AND give you 3 things that you can do, to actually benefit it times like this.
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27:54
Optimize With Asset Location
Asset Allocation is about what types of investment you have. Asset location is about where those investments are kept or housed. Generally there are 3 types.In this episode, I go through those 3 types of accounts, and talk ...
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17:44
Create A Personalized Retirement Asset Allocations
When it comes to allocating your portfolio in retirement, I don't like the traditional industry guidelines. I prefer for you to have a retirement portfolio that is customized, based upon your actual life and the income needs you ha...
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15:55
A 3 Job Retirement Investment Strategy
When you are saving for retirement, you simply want your portfolio to grow.But when you retire, your nest egg takes on 3 different jobs. In this episode, I unpack the 3 jobs, and why they exist.I hope you find this epis...
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17:56
A New Investment Risk Occurs at Retirement
One of the biggest concerns retirees have, is running out of money. Understanding the risks involved at Retirement, specifically Sequence of Returns risk, will greatly help you navigate your retirement transition.I hope you find this ep...
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20:11
Tis The Season... For Roth Conversions
As Christians and good Americans, we want to pay every penny we owe in taxes. But it we can potentially lower our taxes ... all the better.Roth Conversions is a good potential way to do that.In this episode, I explain what Roth ...
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22:21
Creating a 5 Year Retirement Cashflow Plan
One of biggest challenges as you transition into retirement, is to know exactly how much and where your income is coming from.Creating a 5 year cash-flow plan will help solve that problem and increase your confidence to retire.I...
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15:10
Testing Your Retirement Plan for Feasibility
There are two ways to test your retirement plan for feasibility, which answer the question, "how feasible is that we can live the life we want and not run out of money.?"Today we'll explore the second testing method using Net Present Val...
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28:20
Explaining Monte Carlo and Probability of Success - Feasibility Testing your Retirement Plan
There are two ways to test your retirement plan for feasibility, which answer the question, "how feasible is that we can live the life we want and not run out of money.?"Today we'll explore the first testing method using Monte Carlo Simu...
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24:20
Paying for Retirement - How Will Steve and Sarah Pay for Theirs?
After defining your retirement, its' best to determine how to pay for it.That can be done through 4 types of capital and/or income. Today's episode explores those 4 sources, by sharing how Steve and Sarah will utilize theirs....
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15:18
Define Your Retirement: A Case Study with Steve and Sarah (Age 60)
The first step in planning your retirement is to define or envision what you want retirement to look like.We do that by outlining our Needs, Wants, and Wishes. Today's episode includes a case study with Steve and Sarah, a 60 ...
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20:55
5 Non-Financial Benefits of Having a Retirement Plan
There are a ton of benefits of having a retirement plan, especially on the money side of things.But retirement should really center on your life first, and have the money support it. In todays, episode I outline 5 non-financi...
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23:21
Reshaping Your Identity in Retirement - A Decision Every Retiree Gets to Make
Retirement in a lot of ways is a blank slate. You get to decide how you live your live and more importantly the person you want to be or become.Identity plays a large role in that. In this episode I discuss what identity is, ...
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26:10
Avoid Retirement Depression by Deciding What to Do with Your Time in Retirement
Retirement blues, or depression is a real thing, that a lot of people go through when they retire.A great antidote for that stress and depression is to have an idea of how to spend your time in retirement. In this episode I ...
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19:53
Every Retiree Will Need to Create a Retirement Income
At it's core, this is the heart of retirement planning. Turning your assets and retirement nest egg into a paycheck, that lasts a lifetime.In this episode I discuss the 3 goals of creating a sustainable retirement income, the 4 sou...
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17:03
A Decision Every Retiree Will Make: Health Insurance
Every retiree will need to make the important decision of where to obtain health insurance in retirement. For most people, that will be Medicare. But there are actually two "flavors" of Medicare, and a lot of factors to consi...
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20:17
A Decision Every Retiree Will Make: Social Security Retirement Benefits
Every retiree will need to make the important decision of when to start Social Security retirement benefits. In this episode we talk about some factors to consider when making that decision.I hope you find this episode helpful.&nb...
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17:26
How Presidential Elections and Recessions Impact the Stock Market
As the political rhetoric continues to increase, on this episode I talk about what history can teach us regarding the impacts of presidential elections and recessions on the stock market (and more importantly your investments)Thanks for ...
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16:53
How Mature is Your Retirement Plan?
This week, I talk about the evolution of your retirement plan, and outline the 4 different levels of plans:DefinedFeasibleResilientOptimized I reference:The True Wealth Retirement Framework (link below)&nbs...
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21:07
Everything Changes in Retirement
This week, we begin talking about Retirement Planning. I address, The First Thing You Need To Know About Retirement…." In this episode I reference:Fritz Gilbert's Blog Post -
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16:10
Ask Mike Anything - Aug 2024
In this week's episode, we're answering your questions. Questions on:Deferred CompensationRoth IRAsBuying / RentingWithdrawal RatesOur Next GoalsThanks for listening and ...
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20:49