Podcast Episode #377: Inflation: The Silent Retirement Killer (Part 2)
Episode #377: Dentist Freedom Blueprint Podcast
Inflation: The Silent Retirement Killer (Part 2)
Like never before, you need to look at your financial future through a totally different lens. Today I’ll be continuing the conversation I started last week about inflation and my new book, Inflation: The Silent Retirement Killer. If you haven’t already, be sure to go back and check out the first part of this 2-part series where I laid the groundwork on how this inflation cycle came to be. In this episode, you will hear about how you can better position yourself against today’s volatility.
We are going through what is probably the biggest wealth transfer that we’ll see in our lifetime, so it’s important to know what to look for so you don’t become a victim of what’s going on. Listen in to hear strategies you can use and key things to pay attention to that will help you maintain and grow your finances in the current market.
Minute Markers:
2:25 – What an inefficient market means and how real estate plays a part in that.
4:20 – Why you should only be trading time for dollars on YOUR terms.
5:13 – The benefit of relationships and how you can mitigate many issues that pop up.
6:38 – How inflation is knocked down and where we are heading now.
9:27 – What we’re looking at when it comes to returns in the stock market.
11:22 – The importance of working with people who have gone through past markets.
Featured on the Show:
Inflation: The Silent Retirement Killer by Dr. David Phelps
P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think) :
In this episode, we finish up the second part of my interview with Rob Swanson and his eight rules of investing. (If you haven’t listened to part 1, be sure to go back and give that a listen before jumping into this one.) Today, we pick up where we left off, covering rules four through eight and talking about everything from decision-making to cash flow and risk reduction.
Listen in as Rob shares his incredible insight and experience in real estate and investing to give us a few rules that help make our decisions and investments more solid. You will hear about the importance of looking at margins before buying and what boxes need to be checked when it comes to predicting a solid income stream. Rob also discusses how to define and mitigate the different risks involved so that you can come out on top.
Alastair MacDonald is a private advisor to established entrepreneurs, investors, and business owners, as well as a TEDx speaker who lectures on economic, social, and financial forecasts. Join me today to hear part two of our conversation at the Freedom Founders Mastermind, where we dive into the concept of certainty, how to hedge against a volatile economy, and why the abdication model is no longer one that works.
Listen in to learn the reasons why Alastair is not worried about consumer price inflation (and what he’s really worried about instead) and why the 401(k) is not always the investment that it is made out to be. You’ll learn why he is most concerned about the issue of division and polarity in the Western world, why your business is your best asset in a volatile economy, and how you can maintain its viability to weather the most intense economic storm.
1. Get Your Free Retirement Scorecard:
Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Go to www.FreedomFounders.com/Scorecard to take the 3 minute assessment and get your scorecard.
2. Attend A Workshop:
If you’re committed to Freedom, but still building a practice, paying down school debt, or growing investment capital, our hands-on Freedom Blueprint Workshops are your entrance ramp onto the fast track! Visit www.freedomfounders.com/workshop to claim your seat!
3. Apply To Visit The Mastermind:
If you’d like to join dozens of dentists, docs, and practice professionals on the fast track to Freedom (5-7 years max), visit www.freedomfounders.com/step-1 to apply for a seat.
4. Want to Work Directly with Me?
If you’d like to work directly with me and a small group of my closest investment colleagues, with direct access to the dealmakers and asset classes that I invest in, just send a message to my Executive Assistant (Lindsey@FreedomFounders.com), and put “Fast Access” in the subject line. Or, call (972) 203-6960 Ext 144 and leave a brief voicemail for Lindsey. Let her know you’re interested in the Fast Access program – we’ll set up a time with you to talk, find out about your goals, and see if there is a fit.