Your Plan Your Way: Recent Episodes
Tom Oconnell
In today’s financial environment, you are constantly faced with threats to your economic well-being. The challenges you face on a daily basis will affect the quality of your life today and perhaps the lives of your children and grandchildren. Today, Americans are living longer. Their greatest fear is running out of money – many will ultimately outlive their savings. That’s why managing your financial affairs is so crucial.
It is of the utmost importance that today’s Americans understand the importance of preserving their wealth and protecting their assets from excessive taxes, probate costs, nursing home costs and an up-and-down stock market. This understanding requires a little bit of time, conviction, open-mindedness and a commitment (and willingness) to learn and change.
If you were in charge of managing the checkbook for the world's largest economy, what would you try to achieve and how would you set up your personal retirement planning? Well, David M. Walker was in that position. As former Comptroller General for the United States, he was in charge of the checkbook and of GAO (U.S. Government Accountability Office)policy. In this edition of "Your Plan, Your Way" Tom O'Connell interviews David Walker and asks him about his goals during and after his time as Comptroller General, about his top personal financial concerns, and how he has structured his plan to address them.
The Retirement Reseacher, Dr. Wade Pfau joins Tom O'Connell on this edition of "Your Plan, Your Way" and discusses ways to optimize retirement. Challenging conventional wisdom and the status quo, Tom and Wade explain the methods to structure and implement planning for a more stable, secure retirement.
If the traditional methods of planning worked so effectively, would we see so much doubt and worry about our financial security in retirement? If what we have been told truly worked, the #1 problem in retirement would be figuring out how to spend all our money, not fear of running out of it. Tom & Tom explore why we haven't been told what is really working and the structure of an ideal retirement scenario.
Host of Retirement Road Map and deemed by the Wall St. Journal as America's leading IRA expert, CPA Ed Slott joins Tom O'Connell on this edition of "Your Plan, Your Way" to discuss tax efficiency and how to keep as much of your retirement money as possible throughout retirement. There are strategies to consider taking advantage of NOW to keep more of your money! Tom and Ed can teach you how to identify them and take advantage.
On this edition of "Your Plan, Your Way" Tom O'Connell is joined by business cash flow coach Carlos Lara to discuss managing business capital and cash flow requirements and how to have a more stable form of capital reserve.
The late Nelson Nash is father and founder of the modern Infinite Banking system and author of the book "Bank On Yourself". On this edition of "Your Plan, Your Way" Tom O'Connell airs an interview he conducted with Nelson Nash shortly before his passing. Nelson explains the modern banking system and why more people would benefit from examining their use of and reliance on banking institutions.