The Five Things Your LIRP Must Have
Life insurance retirement plans or LIRPs are long-term propositions. They only really work if you think of them like a marriage, meaning they work best if it’s until death do you part. Don’t start an LIRP unless you’re planning on dying while…
Catch 22: Inflation or Recession?
Today’s episode addresses the question ‘Do we continue to let inflation run roughshod over our purchasing power, or do we raise interest rates and risk plunging our country into a recession?’ David states that Federal Reserve Chair Jerome Powell…
The Dave Ramsey Buy Term and Invest the Difference Fallacy
This episode focuses on the unsettling math behind Dave Ramsey’s recommendation to buy term and invest the difference. David shares the definition of the ‘Buy Term and Invest the Difference’ approach, and talks about Ramsey’s claim that…
Avoiding the Greatest Retirement Risk Part Two: Longevity Risk
Longevity risk means the risk of running out of money in retirement and it’s a very real retirement risk you need to mitigate against as you plan your future
Could Inflation Lead to Higher Taxes?
David shares a stat from the US Labor Department: as of May 11th, inflation over the last 12 months through April of 2022 has been 8.3%. David explains that the general belief is that inflation doesn’t necessarily translate to more taxes because the…
The Biggest Objection to a Tax-Free Retirement
“I don’t want to pay the taxes on my Roth Conversion” is the single greatest objection David sees every week. David believes that whoever makes that argument is basically saying that they don’t want to pre-emptively pay a tax before the IRS…
