Retirement Plans

Episode 410: The Devastating Thrift Savings Plan Pitfall with Amanda Neely

July 11, 2025 by Not Your Average Financial Podcast

In this episode, we ask:

Who will you become?
Do you or your loved ones have a TSP or Thrift Savings Plan?
Who is Amanda Neely?
Would you like to hear Episode 113 or Episode 362?
What has Amanda learned as an author?
What about joy and peace?
What did Amanda discover?
Do I need to do something different than what my parents did?
What is a TSP, and how is it different than a 401(k)?
Is a TSP essentially a government employee’s 401(k)?
What about the match?
What is the difference between a traditional and a Roth?
What are the advantages and disadvantages?
What are the different funds?
What about the fees?
What are you actually invested in?
What happens with a loan in a 401(k)?
What happens with a loan in a TSP?
Who wants to be double taxed on the same dollar?
What are your choices?
How about an example?
What are the restrictions?
What happens with a surviving spouse?
What can be quickly locked down?
What about taxable withdrawals?
What about non-spousal beneficiaries?
What are the tax implications?
What about a delayed death certificate?
How savvy are adult children?
What if you’re under age 59 1/2?
What if you’re older than age 59 1/2?
When is your TSP free?
What happens to federal employee group life insurance?
What happens if you don’t have a plan for your assets?
What’s the government’s plan for your assets?
What happens when you have a will?
What about probate?
What happens when you have a trust set up?
How can you reduce the drama for your family members?
What about financial wellness?
Would you like to join our FREE Not Your Average Financial Community and private message Amanda Neely?
What are the takeaways?

Amanda Neely is a CFP® (CERTIFIED FINANCIAL PLANNER®) professional and CEO of Wealth Wisdom Financial. She makes financial planning more accessible through podcasting and through developing personalized financial strategies for individuals and couples, as well as profitability strategies for small businesses. She works virtually to help everyday Americans all over the United States to create smart, stable financial futures.

Wealth Wisdom Financial
Book a Call with Amanda Neely

Episode 400: How to Never Run Out of Money – Even if You Live to 120!

May 2, 2025 by Not Your Average Financial Podcast

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In this episode, we ask:

Would you like to join us live for the Bank on Yourself® Rescue Your Retirement Bootcamp on May 6th, 2025, 1PM-5PM ET?
Will you run out of money if you live to 120?
What are we going to do make sure your money doesn’t run out before you do?
What about market volatility? Do you remember 2008?
What replaced the pension plans?
What about inflation risk?
Is the answer investing in the market?
What does the economist William Sharpe say?
What percentage can one take out of a 401(k) without running out of money?
What percentage of 65 year-olds will live beyond age 90?
Who is underspending?
What about annuities?
What about inflation-protected payouts?
What is the only true form of retirement security?
What are endowments?
What is the history of the annuity?
What happened to Babe Ruth?
What about Ben Bernanke?
What is a fixed indexed annuity?
What about immediate pay annuities?
What about letting your money grow before turning on income in an annuity?
Why do so many financial infotainers bash annuities?
Are there quality annuities?
What about special benefits?
What about increasing income?
How about some case studies?
What about guaranteed lifetime income?

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WHO: The Top Bank on Yourself® Professionals
WHAT: An afternoon-long bootcamp
– a deep dive into the workings of Bank on Yourself® –
(lifetime access to the recording available!)
WHEN: May 6th, 2025, 1PM-5PM ET
COST: $47
WHERE: ONLINE
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Episode 396: Double Bonus Strategy: Enhancing Employee Benefits With 162(a) Plans

April 4, 2025 by Not Your Average Financial Podcast

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In this episode, we ask:

Would you like to meet with Mark?
What are the challenges for small businesses?
What’s wrong with a small business’s 401(k) offering?
What is the problem with fees?
What is the problem with liquidity?
What are the penalties?
What about the severe loss of control?
What about forced participation?
Why, with all of these problems, does everyone set up 401(k)s?
What about a financial Frankenstein?
Is the proof in the pudding?
How are we fairing?
What is the average 401(k) balance for a 55 year-old?
How might a business owner attract the best talent and offer the best benefits?
Why are Bank on Yourself® type whole life insurance policies superior?
Would you like to hear Episode 36?
What about tax?
What about eliminating restrictive rules?
What about going from a 401(k) to a 162(a)?
What are executive bonus life insurance contracts?
What are the administrative costs?
What are the additional benefits?
What are the considerations?
What are the backup options?
How about an example?
What is a double bonus?
What about the tax?
Would you like to hear Episode 206?
What can the employees do?
What about the taxation of social security benefits?
What if tax rates double on you on income in required minimum distributions or other qualified distribution income?
What are additional benefits of the 162(a)?
Would you like to establish a better than a 401(k) alternative that benefits your employees profoundly?
Would you like to meet with Mark?

Episode 366: From Mowing Lawns to Mastering Money with Dave Bonnemort

September 6, 2024 by Not Your Average Financial Podcast

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In this episode, we ask:

Does X mark the spot?
Who is Dave Bonnemort?
How did Dave get his start?
How many policies does Dave and his family own?
What is the E.S.I. framework?
What about earning?
What about saving?
What about interest?
What about banking?
Who is good at at least two of the three?
What about investing in yourself and your health?
What about education?
How might we bring value to others?
What have you done to help keep up with inflation?
What is the difference between saving and investing?
Is a 401(k) saving or investing?
What about the book Becoming Your Own Banker by Nelson Nash?
What about keeping your debts low?
What did Charlie Munger say?
What about Willie Sutton’s law?
What about the changing rules?
Have you looked at the history of taxes?
Where are the big payouts?
What about risk?
What about the likelihood of loss vs. the likelihood of winning?
What about volatility?
What about saving and building capital?
What about being broke as a joke?
How did Dave 10x some of his money?
Who knows better (what to do with your money)?
What about banking, rate and volume?
What are the two businesses?
How about patience and hard work?
What about the mindset?
What are the ugly, painful, grinding years?
What about the capitalization phase?
How is this like starting a tree farm?
What about the loan phase?
How much money do you bring in every month?
What dollar amount do you bring in as loans?
What if you were paying yourself back (for loans) and recapturing that interest instead?
Would you like to hear Part 2 with Dave next week?
What are the takeaways?
What about the need to have accessible, liquid capital?

Dave Bonnemort is a current client and active practitioner of the Becoming Your Own Banker concept, as well as a husband to an amazing wife and father to three incredible kids.

He makes his living as a small business owner, is a student of Austrian economics, and a personal finance junkie.

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

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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?

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

June 28, 2024 by Not Your Average Financial Podcast

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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?

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

June 21, 2024 by Not Your Average Financial Podcast

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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?

Episode 351: The Unseen Dark Forces in Your Retirement Plan

May 24, 2024 by Not Your Average Financial Podcast

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In this episode, we ask:

What about the hidden things in your financial life?
Would you like to hear Episode 343?
What is the hidden dimension to our financial portfolios?
What is financial dark matter?
What is price?
What are the fees?
What is obscure?
What erodes wealth?
What is small, invisible but constant?
What are the consequences?
What about the illusion of progress?
What might send ripples through your financial plan?
What did JAMA say about wealth shocks?
What is the opportunity cost?
Are we doomed to the dark matter?
Why are we huge fans of the Bank on Yourself® strategy?
What is the aha! moment that changes everything?
What about peace of mind?
Do you know your money is going to do a certain thing?
What about owning the number?
Do you have a contract with your future?
How is this different from a 401(k) or a IRA?
Who is phased out of the Roth IRAs?
How much are you allowed to put in?
Can you have a financially secure future on the ROTH?
Is it liquid?
How can you access to the money?
What about penalties?
Who is tapping retirement accounts?
What did a recent Vanguard study say?
What retirement savings do Gen X members have?
What about living from paycheck to paycheck?
What about living on credit cards?
What about borrowing from a 401(k)?
What about credit reporting?
Would you like to listen to Episode 206?
What is one of the only ways you can be taxed twice on the same dollar?
What about being on a forced repayment plan?
Where does the money come from?
What about an after action review (AAR)?
What was the plan?
What went right?
What went wrong?
How might we do better next time?
What about an example?
What is the key takeaway?
What about constant refinement along the way?
What would it look like if it were easy?
What would money look like if it were easy?
What characteristics or attributes would it have?
How would you change?
What would you do about it?
What is the first step?
How do you feel?
What do you want more?
What did Lawrence Peter say?
Would you like to meet with Mark?

Episode 343: The Money Matrix with Len Renier (Part 1)

March 29, 2024 by Not Your Average Financial Podcast

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In this episode, we ask:

How do magicians make the impossible, possible?
Have you heard financial advisors act like magicians?
Do you want your financial advisor to retire before you?
What don’t you see?
Who is Len Renier?
What is the Wealth and Wisdom Institute?
What about knowledge?
What about wisdom?
Would you like to learn about hiddenomics?
What about time?
Will you inherit the financial challenges in your life?
Will you inherit the financial solutions?
What do you see? What don’t you see?
What will impact your financial future?
What about Len’s book, Double Jeopardy?
How about a story?
What financial accident will occur?
What are the five core elements?
- Risk
- Taxes
- Regulation
- Inflation
- Depreciation
Which of these five elements do you control?
Does your 401(k) solve these problems for you?
When can you create a brand new ending?
What are the critical stages?
What is the role of the government?
How much did they collect in income tax?
Do you believe it’s a good idea to defer tax until a later date?
What about the debt issue?
What about the unique inflation situation?
How do they measure inflation?
What about the cost of energy and food?
What was the two year inflation rate (as of Autumn 2023)?
What about credit cards?
What is losing value?
Is accumulation buying power?
How about an example?
What about buying power?
How about a qualified plan example?
What about the hidden elements?
Why is ownership important?
What about reducing the element of risk?
What questions do you need to ask?
What about the money matrix?
What about owning the number now?
What are the action steps?

Leonard Renier studies the economic trends and shifts and the impact of government programs and regulations on the social fabric of our country. His research has resulted in bringing a new awareness to the financial challenges the average American faces. Leonard is considered an expert in communicating these challenges and believes with more information; people will make better life decisions. As founder of the Wealth & Wisdom Institute, Leonard recognized the importance of Education, Discovery and Understanding. He has been involved in the financial services industry for over 30 years.

Episode 339: How Bank on Yourself® Solves the Four Greatest Dangers to Your Retirement

March 1, 2024 by Not Your Average Financial Podcast

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In this episode, we ask:

Who do you know who needs to hear this?
Would you like a free book?
What are the four greatest dangers to your retirement?
Did you hear Episode 338?
How does the Bank on Yourself® type whole life insurance policy solve these dangers?
What does Pamela Yellen do to protect the intellectual property and quality of the Bank on Yourself® brand?
Are you getting a correctly and properly designed dividend paying whole life insurance policy?
Did you buy an incorrectly designed policy? Would you to book a meeting with us to get a second set of eyes on that policy?
Are you working with a Bank on Yourself® Professional?
Would you like to hear Episode 160?
What about predictable guaranteed growth, liquidity and tax advantages?
When do you need money most?
Where does the guarantee come from?
What about dividends?
How long have our companies been paying dividends?
What is the minimum amount of saving you will have on the day you plan to retire?
Who audits the life insurance companies?
How rare is it for insurance companies to go bankrupt?
Who backs the insurance companies?
Are banks a safe place to keep money?
How many banks failed in 2008?
What happened to the deposits of those banks?
Who bailed them out?
Pop quiz?
How many life insurance companies failed in 2008?
What happened to Lincoln Memorial Life Insurance?
What was the result for the policy holders?
What is Bank Owned Life Insurance?
What did an FDIC report show about bank’s life insurance holdings?
How much cash value is on the balance sheet of these banks?
What are banks doing with their money?
What about fees and cost surprises?
What happens in a traditional retirement account with fees of 1%?
How much is paid to life insurance agent as commission?
Which one costs more?
Which one goes on forever?
Which one has a stop loss?
Who gets guarantees?
Why would Bank on Yourself® Professionals take reduced pay?
How much of your cash value can you access?
What are the RMDs on whole life insurance?
Who is in complete control of the money in a life insurance policy?
What do you finance?
Who pays interest?
Who earns interest?
What about assets under management (AUM)?
What about all of the dollars you pay in expenses throughout your life?
What is the required repayment scheduled on life insurance cash value loan balances?
Can your money do two things at once?
What is compounding and growing?
Who offers these unique products?
What about self financing?
Are you constantly interrupting the growth of your money because you need to buy stuff?
Is there a better way?
What are some famous examples of successful business owners?
What happened following the 1929 stock market crash?
Does having money safe, liquid, growing at a competitive rate without market risk, take away any of your options?
Doesn’t it give you more options?
What are the multiple tax advantages?
Do you know what your tax bill will be?
What about the tax on social security?
Is income taken from your policy taxable?
What about medicare premium?
What about business owners financing business expenses?
What about the death benefit?
What do you want your money doing for you?
Does your strategy give you guaranteed growth?
Does your strategy lock in your principal in growth?
Does your strategy give you control over your money?
Does your strategy let you use your money without penalty?
Does your strategy give you a tax free retirement income?
What gives you more freedom?
What about Roth accounts?
What about life insurance policies?
Does your strategy let you access your money without liquidating your cash?
What are the restrictions on 401(k) loans?
What hardship happens if you lose your job?
What is truly unique in the financial universe?
Would you like to hear more in Episode 205 and Episode 206?
Does your strategy finish funding yourself if you die prematurely?
Does your strategy let you know the minimum guaranteed value of your savings?
Does your strategy give you a plan where you can count on it?
What works to your advantage in every single instance here?
What do you want your money doing for you?
How about some case studies?
What makes sense in your situation?
Why work with Mark Willis, CFP®?
What is key to making sure your policy is designed properly?
Do they have the right credential?
Would you like some personalized reports?
Would you like to schedule a meeting?

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