The Compound Commitment

Mike Nilson

Welcome to the Compound Commitment, where we focus on the small actions that compound over time.  I'm your host, Mike Nilson.  Join me every Tuesday as we build the habits that support wealth, health, and happiness.  Each week, we share insights on investing, wealth management, and financial planning alongside practical strategies for nutrition, sleep, relationships and happiness.  Check out compoundcommitment.com to sign up for a complimentary 30-Day Wealth, Health, or Happiness Commitment.  

  1. hace 5 h

    Protecting the People You Love: The Estate Planning Documents Every Adult Needs w/ Iran Harvell

    Episode 042: Estate planning is one of those topics that many people know they should address, yet far too many families put it off until it's too late. In Part One of my three-part conversation with estate attorney Iran Harvell, we focus on the foundational estate planning documents that every adult should understand and have in place. Iran serves as the Executive Director of Estate & Financial Planning at Hightower Advisors and has spent her career helping families navigate some of life's most important legal, financial, and legacy decisions. What I appreciate most about Iran is her ability to make complex topics simple and approachable. In this episode, we discuss the key documents that help protect you and the people you love, including wills, durable powers of attorney, healthcare powers of attorney, living wills, HIPAA releases, and more. Iran explains what each document does, why it matters, and the potential consequences families may face when these documents aren't in place. We also discuss when people should create these documents, how often they should be reviewed, whether online or AI-generated documents are sufficient, and the simple first steps anyone can take to get started. One of my biggest takeaways from this conversation is that estate planning isn't really about documents—it's about people. These tools help provide clarity during difficult times and can be one of the greatest gifts you leave for your loved ones. In this episode, you'll learn: • The essential estate planning documents every adult should have  • What happens when someone passes away without a will  • Why powers of attorney are just as important as wills  • The difference between healthcare directives and living wills  • How HIPAA releases can help families avoid unnecessary complications  • Whether online and AI-generated documents are enough  • When to create, review, and update your estate plan  • The first step families can take to get started today Whether you're just beginning your estate planning journey or looking to review what you already have in place, this episode provides practical guidance to help protect the people you love.

    51 min
  2. 30 jun

    Growth with Guardrails: Understanding Buffered ETFs w/ Matt Kaufman, CETF

    Episode 041: Many investors ask the same question: Is there a way to participate in the stock market's growth without taking on all of the downside risk? In this episode, I sit down with Matt Kaufman, Senior Vice President and Head of ETFs at Calamos Investments, to explore one of the fastest-growing areas of investing: buffered ETFs. Matt has spent more than two decades in the financial industry and has helped design and build hundreds of investment products. He does a fantastic job breaking down a topic that can sound complex and making it easy to understand. We start with the basics by discussing what ETFs are and why they've become so popular with investors. From there, Matt explains how buffered ETFs work, how they seek to provide downside protection, and what investors give up in exchange for that protection. We also discuss who these strategies may be appropriate for, how they can fit within a portfolio, and some of the common misconceptions investors have about them. Whether you're a seasoned investor or simply looking for ways to navigate today's uncertain markets, this conversation will help you better understand the tradeoffs between risk, reward, and protection. In this episode, you'll learn: • What an ETF is and why they've become so popular  • How buffered ETFs seek to limit downside risk  • The tradeoffs investors should understand before investing  • Who may benefit most from buffered ETF strategies  • How buffered ETFs can fit into a broader portfolio  • What the future may hold for risk-managed investing If you've ever wondered whether there is a middle ground between being fully invested and sitting on the sidelines, this episode is for you.

    40 min
  3. 23 jun

    The Ultimate Teammate: Leadership, Sacrifice & Success w/ Gonzaga's Jalen Warley

    Episode 040: Success isn't always measured by points scored, shots made, or individual accolades. Some of the most valuable players are the ones who do the little things that help teams win. In this episode, I sit down with Gonzaga guard Jalen Warley to discuss the mindset, habits, and work ethic that have helped him become one of the most versatile players in college basketball. What I've always admired about Jalen is his willingness to do whatever the team needs. Whether it's defending multiple positions, crashing the boards, creating opportunities for teammates, or sacrificing personal statistics for the good of the program, he's built his game around winning. In our conversation, Jalen shares how he approaches defense, what goes into becoming an elite rebounder as a guard, and the mindset required to impact the game in ways that don't always show up in the box score. We also discuss leadership, preparation, and how he developed the versatility to play multiple positions at a high level. As Jalen prepares for the NBA Draft, we dive into his pre-draft workouts, what NBA teams are looking for, and the mental approach required to compete at the highest level of the game. One of my biggest takeaways from this conversation is that success often comes from consistently doing the small things well. The habits, discipline, and sacrifices that nobody sees have a way of compounding into opportunities, trust, and long-term success. In this episode, you'll learn: • How Jalen developed his defensive mindset  • What makes a great rebounder, regardless of position  • The advantages of being a versatile, positionless player  • Why team success often requires individual sacrifice  • How Jalen approaches leadership and being a great teammate  • What NBA pre-draft workouts are really like  • The mindset required to compete at the highest level  • How small daily habits compound into long-term success Whether you're an athlete, coach, parent, or simply someone interested in personal growth, this conversation is packed with lessons about discipline, teamwork, leadership, and the power of doing the little things right. Go Zags!

    47 min
  4. 26 may

    Liquidity Events: What to Do Before the Money Hits Your Account w/ Ben Klundt, CFP, CEPA

    Episode 036: In this episode, I sit down with Ben Klundt, a Certified Financial Planner and certified exit planning advisor at TEN Capital, to talk about something that doesn’t get enough attention until it’s too late—liquidity events. Whether it’s selling a business, offloading real estate, or stepping into retirement, Ben walks through what a liquidity event really is and why planning ahead can make all the difference. We spend time unpacking why the most successful exits often start three to five years before the actual transaction. Ben shares what he’s seen from business owners who waited too long—and the opportunities they leave on the table because of it. From avoidable tax hits to poorly structured deals, we highlight some of the most common mistakes and how to steer clear of them. We also get into the strategies that can help maximize value, including thoughtful tax planning and deal structuring. But what stood out most to me was the conversation around the emotional side of selling a business. For many owners, this isn’t just a financial transaction—it’s walking away from something they’ve built their entire life around. Ben offers a really grounded perspective on how to prepare not just financially, but mentally, for that transition. If you’re a business owner, investor, or someone thinking about a major financial transition down the line, this conversation is a great reminder that the earlier you start preparing, the more options you have—and the better your outcome may be.

    36 min
4.9
de 5
431 calificaciones

Acerca de

Welcome to the Compound Commitment, where we focus on the small actions that compound over time.  I'm your host, Mike Nilson.  Join me every Tuesday as we build the habits that support wealth, health, and happiness.  Each week, we share insights on investing, wealth management, and financial planning alongside practical strategies for nutrition, sleep, relationships and happiness.  Check out compoundcommitment.com to sign up for a complimentary 30-Day Wealth, Health, or Happiness Commitment.  

También te podría interesar