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In this episode, we ask:
- Would you like to join us for the FREE Not Your Average Financial Summit in the afternoons on Friday, September 30 and Saturday, October 1, 2022?
Login or Join the FREE membership community to Reserve Your Spot! - Who is Lester Him?
- Would you like to hear Part 1 of this interview today?
- Would you like to hear Episode 52 and Episode 53?
- What about volatility?
- Should we be using the standard vehicles?
- What did Les find?
- What happened with the S&P?
- Why such a big difference?
- Are the results fact or fiction?
- What about stocks, bonds and mutual funds?
- According to the U.S. Census Data, what is the average net worth of an American over age 65? What is their income? How long will that last? Is this what they expected?
- What has the stock market done over the years?
- How has volatility affected the results?
- How is the income in your working years like a shield?
- What happens when the working income is gone?
- Who is in the have nots and who is in the have yachts?
- What is the difference in the word return vs. the word change?
- What are the gurus paid to do?
- What is the definition of compound growth?
- Does the stock market give compound growth?
- Does the bond market give compound growth?
- What’s the difference between growth and compound growth?
- How is compound growth like acorns coming off an oak tree?
- Do bonds and mutual funds compound?
- What is yield to maturity (YTM)?
- What about simple interest?
- What about making a distinction?
- Do you have the capacity to do the work?
- What are the two catches?
- What did Albert Einstein say?
- Would you like to join us for Part 2 of this interview next week?
Lester N. Himel discovered the use of specific types of Life Insurance to enhance and expand the performance of investment portfolios several years ago; this after spending 28 years in a variety of positions on Wall Street. Like most financial professionals, he considered stocks, bonds and similar instruments as the core of a reasonable investment approach. In those last several years, Les has found the better way. Les comes to this field with a very broad financial background. He started as a compliance officer, worked in administration, was an institutional bond trader, developed an Emerging Markets business, and was also involved with “alternative investments”. Les prefers low risk and “guarantees”, and has an ability to simplify explanations of what, why and how. Contact Les at heiratlas.com.
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.
Kristin Colca, after starting her career in the banking industry, noticed that conventional financial wisdom was not working for many of her clients. A low-interest rate environment combined with Wall Street volatility and a growing pile of debt made it almost impossible to plan or create a secure plan for retirement. Further complicating these issues are the financial “experts” and “advisors” that are too quick to recommend one-size-fits-all solutions without fully understanding their client’s goals or dreams. Kristin’s mission is to create custom-tailored financial strategies for her clients that empower them to achieve financial freedom. Connect with Kristin Colca at 
Tim Foor has been in the mortgage business since 2012 after several years in the education and coaching fields. Tim takes a holistic approach to mortgage lending with a focus on strategic equity management. Tim also works with the sales team to ensure efficiency in the loan process. He is a 2007 graduate of Walsh University with deep ties to his hometown of Defiance, OH. He currently resides in Akron, Ohio with his wife, Monica, and daughters, Alison and Cameron.
Angie Grimm is the Lead College Funding Professional at College Solutions LLC in Amarillo TX. She is a financial professional specializing in solving the late-stage college planning problem for families.
Christian Ward is a seeker, writer, podcaster who happens to do real estate to make a living. 
Chris Tobe, CFA, CAIA works as a pension investment consultant, expert witness, and author. His most recent book is “Kentucky Fried Pensions” and recently filmed with PBS Frontline on a Kentucky pension piece airing in October 2018. He is now working as a Chief Investment Officer with a Public Pension consulting firm out of New Orleans the Hackett-Group, where he has provided project consulting to a number of public pensions in MD, NC and TX.
Marty Smith is Regional Vice President of Security Mutual Life Insurance Company of New York.