Join David Befort and Paul Fugere on Episode 28 of the Wealth Warehouse!
The common perception around retirement is that “having less is just the way it is”. Or at least that’s what most of the financial advisors would tell you.
But is that how it has to be? Working your whole life to end up with “less”?
In this episode, the guys revisit retirement and address how to set yourself up to be more secure when you stop working. They also point out the flaws with most conventional retirement plans, from inflation to government meddling.
Episode Outline:
-(0:30) - Episode start, Dave’s new health regiment
-(5:29) - “The greatest trick financial advisors ever pulled was convincing you that you’ll have less income in retirement than you do right now.”
-(11:30) - Problems with the assumption that you won’t need as much money in retirement
-(13:29) - “I think most people would prefer that their financial advisor lie to them”
-(17:55) - Inflation and its effect on the purchasing power of your retirement dollars
-(21:00) - Debunking the “4% rule”, “a truly safe withdrawal rate is unknowable”
-(26:04) - “You need to be in control of your money”, focusing on not out-living your money
ABOUT YOUR HOSTS:
David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.
David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.
Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.
As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.
Catch up with David and Paul, visit the links below!
Website:
https://infinitebanking.org/agents/Fugere494
https://infinitebanking.org/agents/Befort399
LinkedIn:
https://www.linkedin.com/in/david-a-befort-jr-09663972/
https://www.linkedin.com/in/paul-fugere-762021b0/
Email:
davidandpaul@theibcguys.com
