The Retirement Trainer EGSI Financial

The more things change, the more they stay the same. We’re still dealing with high inflation and interest rates and the silent recession continues with the average household still feeling the pinch at the grocery stores and gas pumps.
And now, the Federal Government says that we’re in a deflationary period while adding $1 trillion to the national debt every quarter. Which begs the question: What’s next?
In today’s episode, we discuss the importance of being disciplined with your spending and sticking to your budget. We’ll also explain why interest rate drops that may be on the horizon might actually limit your ability to borrow money to cover your expenses in the future.
In this podcast interview, you’ll learn:
How quantitative easing works and the US dollar and the national debt is no longer backed by gold. How decreasing the Federal balance sheet will impact the average American and their businesses ability to borrow funds. Why interest rate drops will have a negative effect on inflation. The importance of budgeting your money with the current interest rate environment. How Fit Is Your Retirement Plan? 
We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com

With 30-year mortgage rates at 7.5%, inflation continuing to impact our spending power, and gas pushing almost $4 a gallon, we’re seeing higher bankruptcy rates and hearing talk of a lost decade. So what do we do to keep our financial plan as healthy as possible? 
In today’s episode, we’re talking about what’s going on in America–and the silent recession that is affecting everyone except those on Wall Street. You’ll learn why all this so-called “good economic news” proves to only be good for executives and investors, why interest rates might finally start dropping soon, and how to hedge your bets to protect yourself (and your money) when the economy won’t do it for you. 
In this podcast interview, you’ll learn:
Why the finance industry is behaving like things are just fine while everyday Americans are struggling more than ever to make ends meet. How last year’s interest rate increases are affecting us now.  How to reposition your finances as prices and interest rates start to stabilize again. Why you need to get clear about your financial goals to leave a legacy and make lasting memories.  To get access to today's show notes, including links to all the resources mentioned, visit EGSIFinancial.com
How Fit Is Your Retirement Plan? 
We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com

“We’re overspending $5.1 billion a day more than we’re bringing in because of interest rates.” - Ed Siddell
Today, we're talking about how good news can actually lead to bad news when it comes to the economy. When something looks good, it usually comes at a cost.
We’ve all lived through a whole lot of craziness since 2020, and we’ve experienced major shifts in employment and the housing market–and inflation has played a huge role in that. In today’s episode, we explore how we got here, how overspending in government hurts us all, and when we might see some stability after what can feel like total chaos–and what to do with your money (and your financial plans) in the meantime. 
In this podcast interview, you’ll learn: 
How the Fed backed itself into a corner with interest rates–and why our booming economy led to such extreme inflation. Why we think interest rates might freeze by next summer. Why debt is at unbelievable highs–and the economic factors that might make things even worse very soon. Things you can do right now to create economic leverage across your own accounts. To get access to today's show notes, including links to all the resources mentioned, visit EGSIFinancial.com
How Fit Is Your Retirement Plan? 
We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com

There are things that are within our control and some that are not. Time doesn’t stop, and everybody gets older, but one thing that is within our control is to take action before it’s too late to secure your legacy and avoid headaches like probate.
For anyone who has been able to put money away and generate enough wealth to leave assets behind, we all need to determine who will take care of us and those assets toward the end of our lives–whether that’s our kids or someone we hire. 
With that in mind, today’s episode is about what it means to leave a legacy behind for the people you care about. We discuss how to best prepare your family to inherit what you leave behind, the small mistakes that can have huge consequences when we’re gone, and the critical components of a legacy plan that we ensure every client has. 
 In this podcast interview, you’ll learn:
Why legacy is about memories and money–not just one or the other. How to keep your assets out of probate court. Why it’s so important to review your benefits annually. What to do if you have gaps in your legacy planning.  To get access to today's show notes, including links to all the resources mentioned, visit EGSIFinancial.com
How Fit Is Your Retirement Plan? 
We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com

Fear of missing out is a real thing. Everyone is looking for 15-20% returns and this can prompt people to make risky decisions–especially when it comes to retirement.
Right now, we have a bull market in the S&P, volatility is low and tech is back on the rise. So, is it time to go all-in, or should investors beware?
Today, we’re talking about why our markets seem so crazy, the resurgence of big tech in the wake of AI, and why all of this reaffirms the importance of having a solid financial plan at every stage of life.
 In this podcast interview, you’ll learn:
The importance of understanding how market volatility impacts your investment decisions. Why some investment products make sense for some and don’t for others.  The importance of having a solid investment plan, especially in retirement.  To get access to today's show notes, including links to all the resources mentioned, visit EGSIFinancial.com
How Fit Is Your Retirement Plan? 
We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com

Consumer credit is at an all-time high. Credit card debt is pushing $1.25 trillion and headed upwards. Inflation’s high, consumer spending is high, and employers are cutting good jobs with benefits.
Even if you’re steadily employed or running a healthy business and your personal debts are manageable, these macroeconomic factors can still affect you. 
In today’s episode, we walk through why other people’s spending impacts our overall quality of life, how to get the best possible deals when you make a big purchase in this economy, and what to do about any lingering debt you need to get rid of. 
In this podcast interview, you’ll learn:
Why consumer spending is at an all-time high–and where the money’s coming from.  Why last year’s interest rate hikes are just now starting to impact us.  How solid financial planning makes it easy to rein in spending and eliminate your debts.  Why you should always pay off your credit cards in full.  How to address the challenges of skyrocketing costs for basic things like utilities and groceries as you approach (or are in) retirement.  To get access to today's show notes, including links to all the resources mentioned, visit EGSIFinancial.com
How Fit Is Your Retirement Plan? 
We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com