Not Your Average Financial Podcast™

Think different about your money, your economy and your future. Be curious. Be stable. Be sane.

Episode 364: Don’t Make Your Financial Life a Daytime TV Drama

August 23, 2024 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/p/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_364.mp3

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In this episode, we ask:

  • How about the young and the rest of us?
  • How about the bold and the broker?
  • How about general hospital, finance wing?
  • How do we cope with the drama?
  • Would you like to hear Episode 363?
  • Would you like to hear Episode 144?
  • What about debt to your future self?
  • What about liabilities?
  • What about assets?
  • What about student loan debt?
  • Who is stuck in the cycle of debt?
  • Who passes on the cycle of debt to the next generation?
  • Why are they in debt?
  • What happens when you take a life insurance policy loan?
  • How can you beat cash?
  • What happens if you need to buy a car?
  • What is the average retirement savings?
  • What about the boomers?
  • Who will be able to retire?
  • What are the options?
  • What about savings?
  • How many retirees plan on depending on Social Security?
  • How much would the reduction be?
  • Do you like cliffhangers?
  • How about a real happily ever after?
  • Would you like to schedule a meeting with Mark?

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_364.mp3

Episode 363: Drowning in Long Term Care Costs? Life Insurance as a Lifesaver

August 16, 2024 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/p/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_363.mp3

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In this episode, we ask:

  • How about dealing with the complexities of the long term care industry?
  • According to the Department of Health and Human Services, how many will need Long Term Care insurance?
  • How many people own Long Term Care insurance?
  • What about self-insuring?
  • What’s the percentage of people that confused Long Term Care insurance with Long Term Disability or Health insurance?
  • Will the gallows humor pay for the bills?
  • What are the major changes that affected this industry recently?
  • What about home-based care?
  • Why is Long Term Care insurance so unappealing?
  • Is Long Term Care insurance use-it or lose-it?
  • What about the trend toward dual-purpose policies?
  • What percent of Americans are living paycheck to paycheck?
  • Who can afford even a small emergency?
  • How much does Long Term Care cost per month?
  • What about unpaid family caregivers?
  • How is the family doubly harmed?
  • What happens to a woman in her 50s who finds herself caregiving?
  • What happens as the boomers start to retire?
  • Would you like to visit caregiver.com?
  • Who wants to talk about aging?
  • What about nursing homes?
  • Is Bank on Yourself® just a death benefit?
  • What about living benefits?
  • What about the Accelerated Death Benefit Rider (ADBR)?
  • What can you use the money for?
  • What are the activities for daily living (ADLs)?
  • Would you like a lump sum or a periodic payment?
  • What about giving to charity?
  • What about surgery and medical bills?
  • What about paying someone for ongoing care?
  • What about home repairs?
  • What about a cruise?
  • Are there any restrictions on the use of the money?
  • How about some more case studies?
  • What about options?
  • What about taking care of the expenses in the final years?
  • How about an example?
  • Would you like to hear Episode 91?
  • What will you build for yourself and your loved ones?
  • Would you like to meet us at the FREE Not Your Average Financial Community?
  • Would you like to meet with Mark?

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_363.mp3

Episode 362: Amanda Neely’s 5 Tips for Conscious Wealth Management

August 9, 2024 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/p/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_362.mp3

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In this episode, we ask:

  • What is your financial story?
  • Who is Amanda Neely?
  • What is the S.T.I.L.L. method?
  • Would you like to hear additional episodes with Amanda?
  • What are the 12 principles and the 5 steps?
  • What is in the book Five Smooth Stones?
  • What about setting your sights?
  • What about tracking your in-and-outs?
  • What about inspecting your progress?
  • What about looking for the micro-adjustments?
  • What about living deliberately?
  • What about goals, visions and dreams?
  • What about looking out along the horizon?
  • What about tracking your money (budgeting)?
  • How might one give every dollar a job with cash value inside a policy?
  • What about inspecting your progress?
  • Am I more free or less free?
  • Will you want to change?
  • Are you changing too quickly?
  • Will you stick to it?
  • Is it good if the progress is too easy?
  • What about micro-adjustments with business owner clients?
  • What about living deliberately?
  • What’s it going to take to make an adjustment?
  • What are some of the biggest challenges?
  • What happens as Amanda lives more deliberately?
  • What are the logistics?
  • What do you need to decide?
  • What spirit do you need to bring to this?
  • What about additional resources?
  • What did Henry Ford say?
  • How is this different from other books?
  • What is Amanda’s special offer?
  • Would you like to buy Five Smooth Stones and use the code: NOTAVERAGE ?
  • What are the takeaways?

Amanda Neely, CFP® is a Certified Financial Professional® and Bank on Yourself® Professional, who uses her years of experience in business growth to develop personalized financial strategies for individuals, couples, and entrepreneurs. She works with people to find their unique path to financial freedom. Reach out to Amanda at www.wealthwisdomfp.com

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_362.mp3

Episode 361: Expert Help with Health Ratings and Bank on Yourself®

August 2, 2024 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/p/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_361.mp3

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In this episode, we ask:

  • Would you like to hear Episode 360?
  • What about losing the initial excitement?
  • Why am I doing this in the first place?
  • What are the steps?
  • What about the application?
  • What about the medical exam?
  • What about medical records from your physician’s office?
  • What about the health rating?
  • Is getting a health rating a deal breaker?
  • What is a health rating?
  • What does it really mean?
  • What is super preferred approval?
  • What is standard approval?
  • What about the table ratings?
  • What about the level of risk?
  • What happens with the higher letter?
  • What happens to the cost of the policy?
  • What does the death benefit represent to the life insurance company?
  • What about the law of large numbers?
  • What about costs?
  • What happens when someone gets a health rating?
  • How about a case study?
  • What about a reassessment?
  • What about qualifying for a lower table rating?
  • What about tobacco ratings?
  • Is your health rating locked in for life?
  • What about rated policies?
  • What are the benefits?
  • Is this your last chance?
  • What are your options?
  • Would you like to navigate with Mark?

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_361.mp3

Episode 360: [Mailbag] Is Life Insurance an Investment? and Other Hot Topics from Our Listeners!

July 26, 2024 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/p/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_360.mp3

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In this episode, we ask:

  • Would you like to join our FREE! Not Your Average Online Community?
  • What are you missing?
  • Who is Julia Reid?
  • Is Bank on Yourself® considered an investment?
  • What does Pamela Yellen say in the Bank on Yourself Revolution book?
  • What are some possibilities?
  • What about compound growth?
  • What about the classification of things?
  • What about choosing the right club?
  • What is the difference between investing and saving?
  • What about the feelings of going through underwriting?
  • Who are the buyers?
  • What are the ongoing commitments?
  • What is the difference between the Bank on Yourself concept and the Infinite Banking concept?
  • How is the Bank on Yourself Professional program quality controlled?
  • What does Mark find in Infinite Banking illustrations?
  • Is it a good idea to borrow against a policy to buy a new policy?
  • What are all of the nicknames?
  • What happens with this in real life?
  • Why does the franchise model collapse?
  • Should one borrow money to fund life insurance policies?
  • What about group plan benefits?
  • Can one move or convert a group life insurance (term policy) over to permanent whole life insurance?
  • What about 162A plans?
  • Would you like to join our FREE! Not Your Average Online Community?

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_360.mp3

Episode 359: Your Best Employee is an Insurance Contract with Doug Peacock

July 19, 2024 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/p/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_359.mp3

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In this episode, we ask:

  • Are you a business owner?
  • Are you having difficulty hiring?
  • What did a recent Gallup poll say?
  • Who is Doug Peacock?
  • Would you like to hear Episode 262?
  • What are the seven ideas of “put me (life insurance) on your payroll”?
  • Would you pay me like your lowest paid employee?
  • Are you speaking about hiring an employee?
  • As a thought exercise, could a whole life insurance policy be viewed as an employee?
  • Is every employee an asset?
  • Is every life insurance policy an asset?
  • Do you like me?
  • Would you fire me in 10 years?
  • What about other major business expenses?
  • What happens if you get sick?
  • If you get sick, would you pay yourself?
  • Would you like to hear Episode 256?
  • What is waiver of premium?
  • Do you need a loan?
  • What about saving money?
  • Is the money liquid?
  • How does one use a policy as collateral?
  • What about HELOCs and car loans?
  • What about the rate?
  • What about the volume?
  • Who controls that process?
  • Is smart to collateralize?
  • How many options do you have?
  • What about supplementing retirement income?
  • What about the efficiency of policies?
  • What about conventional advice?
  • What do CPAs do well?
  • What do CPAs tend to do poorly?
  • What about tax advantages?
  • Are death benefits tax-free?
  • What can your money do for you?
  • Would you like schedule with Doug at peacockwealthgroup.com?
  • How powerful is whole life insurance helpful for your business?
  • What are the benefits?
  • Is it time to re-evaluate where you place your savings?
  • Who do you need to work with to get everything in order?

 

  • Doug Peacock spent 38 years as a high school teacher and football coach. He tried to retire the traditional/conventional path, and things didn’t work out like he was led to believe. He learned that other teachers and coaches were having the same conversation. Doug literally watched his 403(b) become a 203(b) twice in the last decade of his teaching career. He knew there had to be a better way, so he started learning how wealth really works.

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_359.mp3

Episode 358: From Panic to Peace of Mind – The CURE Strategy for Late Stage Retirement Planning

July 12, 2024 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/p/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_358.mp3

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In this episode, we ask:

  • Did something or someone take you out?
  • Can you retire at all?
  • What are some tactical strategies?
  • Do you feel behind?
  • What happened to the stock market?
  • What happened in 2022?
  • What does one need to keep up with inflation?
  • What happened to the average 401(k) balance?
  • How long does it take to break even?
  • What is a single premium policy?
  • What about the fixed paid up additions rider?
  • What are the costs of the C.U.R.E. strategy?
  • What is the growth potential on this strategy?
  • How about a case study?
  • What about the tax?
  • What about risk?
  • What are the two stage rocket strategy stages?
  • …What to do?
  • What about a catch-up retirement engine?
  • How about the numbers?
  • What happened?
  • Would you like to hear Episode 271?
  • Would you like to hear Episode 150?
  • Would you like to hear Episode 83?
  • What are the takeaways?

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_358.mp3

Episode 357: Mastering Your Financial Future – Strategies for Wealth Building with Grant Thompson

July 5, 2024 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/p/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_357.mp3

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In this episode, we ask:

  • What if…?
  • What if you could be the master of your financial domain?
  • Who is Grant Thompson?
  • Would you like to hear Episode 208?
  • When was Grant’s “aha” moment?
  • What really works with money?
  • What is the right thing?
  • What is the truth?
  • What should we be doing?
  • What do you want?
  • How about a story?
  • What will be your exit plan?
  • What did Nelson Nash say?
  • Is it true or false?
  • Can they prove it?
  • What about shame?
  • What about social media?
  • What was Nelson like?
  • Would you like to hear Episode 95?
  • Would you like to hear Episode 96?
  • What about the Austrian economists?
  • What about teaching the process of the banking function?
  • Have you read the Creature from Jekyll Island book?
  • What about getting to 10%?
  • What economic system works?
  • What systems don’t work?
  • What do you have to wait for?
  • Who can opt out of the banking system?
  • What would change?
  • How would credit card companies be impacted?
  • How would marriages be impacted?
  • How would student loan companies be impacted?
  • What about creating your own private financial system?
  • What about tax efficiency?
  • What about safety?
  • What about growth?
  • What are the other benefits?
  • What about taking care of your family?
  • What about taking care of charities?
  • What about the rate of return?
  • What is the amount of money going out the door?
  • Who is making a ton of money?
  • What are the four places money can go?
  • How much income is going to debt?
  • Can you cut your spending by 10%?
  • How much money are you hanging on to?
  • Who has the most money?
  • What about control?
  • What will stabilize everything?
  • What about passive income?
  • How do you want it?
  • What are we missing?
  • What about rethinking thinking?
  • What about Ted Benna, the father of the 401(k)?
  • What about key executives?
  • What about employee benefit plans?
  • Who else is doing this?
  • What is the truth? What is real?
  • How about success?
  • Are people happier with guaranteed lifetime income?
  • Who are you listening to?
  • What is the best thing to do?
  • What about greed and fear?
  • Who are the right people to help you do it right?
  • What about taking some time to investigate it?
  • What did Thomas Edison say?
  • What about truth being dressed in overalls and looking like work?
  • Is it easier to believe the lie?
  • Would you like to visit thompsonthurman.com?
  • Would you like to call Thompson & Thurman at 806-352-3480?
  • What are the takeaways and action items?

Grant Thompson works with families and their businesses nationwide. The Thompson & Thurman Agency works with families who share in their vision and want to become financially set for life without taking unnecessary risks. With so much misinformation in our financial world today, families really need guidance and direction to find the true path to financial freedom. Grant, Chris and their team of trusted advisers nationwide have are leading the way to meet that challenge. Grant is married to his wife Kathy and they have 2 sons Blair and Blane along with his wife Brittany. Grant enjoys spending his spare time with his family at reining and cow horse competitions plus trying to squeeze in a shooting competition every now and then with his sons. thompsonthurman.com

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_357.mp3

Episode 356: Your 401(k) Will Be Gone within a Decade

June 28, 2024 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/p/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_356.mp3

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In this episode, we ask:

  • What lasts forever?
  • What could be happening right before our eyes?
  • What did the February 2024 Bloomberg article say?
  • How old is a 401(k)?
  • Are we still living through the great experiment of a 401(k)?
  • Is it forced?
  • Who is going with the flow?
  • Is it just automatic and easy?
  • What’s the point?
  • Why are many people starting to scrutinize 401(k) accounts?
  • What will happen?
  • What about the tax benefits?
  • Why bother at all?
  • What are you agreeing to?
  • What about the book 401 (not) Ok?
  • Do you want anything on this list?
  • What is sacrilegious?
  • Is that money all yours?
  • How much is in a 401(k)?
  • How much of that belongs to the owner?
  • What about the vesting trap?
  • Who else gets a portion?
  • Are tax rates going down?
  • Is it “monopoly money”?
  • What is a ticking time-bomb?
  • What’s the solution?
  • What are employer sponsored liquid accounts?
  • What about penalty?
  • What about liquidity?
  • What are the taxes?
  • What about the gains?
  • How is this different from a Bank on Yourself® type whole life insurance policy?
  • What do studies show?
  • What about automatic employer contributions?
  • Would you like to speak with Mark?
  • Is it easy to withdrawal money from a retirement account?
  • What is gone?
  • What is a downfall?
  • Does the money stop growing?
  • What continues to grow?
  • What about big life expenses, like paying for college?
  • Is there a vesting schedule with the Bank on Yourself® type whole life insurance policy?
  • What grows tax-deferred?
  • What represents real wealth?
  • What is locked in, even when the market takes a crash?
  • How old is the Bank on Yourself® type whole life insurance policy?
  • Why do we keep using a 401(k) for retirement planning?
  • Would you like to hear Episode 9? Is it time to retire your 401(k)?
  • Would you like to hear Episode 10? Your 401(k) – who is benefiting the most?
  • Would you like to hear Episode 11? A 401(k) – How’s that working out for you?
  • What are the takeaways?
  • What is the true cost?
  • Would you like to meet with Mark or an associate?

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_356.mp3

Episode 355: The Ultimate 401(k) Upgrade – Tax-Free Income and Market Protection

June 21, 2024 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/p/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_355.mp3

Podcast: Play in new window | Download

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In this episode, we ask:

  • What is finite?
  • How do we solve that problem?
  • What can be converted into a lifetime stream of income?
  • Is there a stream of income that you cannot outlive?
  • Would you like to hear Episode 354?
  • How can you get through your retirement without coughing up a third of your income into taxes and fees?
  • What about the allegory of the cave?
  • What about the fear of change?
  • Who has a 401(k)?
  • Did you know…?
  • What could take about half of your life savings away?
  • Are you one of the lucky ones?
  • Would you like to hear Episode 79?
  • How much would one have after taxes and fees?
  • How much could one take per month?
  • What about another way?
  • What if one could spread it out slowly?
  • What happens in systematic withdrawal?
  • What are some possibilities?
  • Who would like to preserve the wealth?
  • How about an example?
  • What about annuities?
  • What about fun?
  • What would you rather have?
  • Would you like to meet with Mark?

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_355.mp3
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