The Retirement Trainer EGSI Financial

 
Today, I’m excited to welcome Jim Rogers back on the podcast. Jim is the bestselling author of The Investment Biker, an economist and investor, globetrotter, and multiple Guinness World Record holder with a very unique perspective on the global economy, and how things are going.
In this episode, you’ll hear Jim’s thoughts on where the US economy is at right now, the ramifications of the looming debt bubble, and how a slow and steady approach to investing might be the best approach right now.
In this podcast interview, you’ll learn: 

Why Jim isn’t worried yet about America’s long rally coming to an end. 
What Jim thinks could bring the world’s high-performing markets to a halt. 
How central bank digital currencies could affect our economy globally. 
The alternative asset classes Jim does–and doesn’t–invest in. 
Why now’s the time to stick with what you know and make careful, boring investments, to make sure your retirement stays exciting.

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

Today’s guest is world-renowned economist Dr. Arthur Laffer. Arthur is a former member of Ronald Reagan’s economic council, inventor of the Laffer Curve, and author of Taxes Have Consequences.
Among his many accomplishments, he helped define Prop 13 in California, consulted with several Presidents, including Nixon, Cheney, Trump, and Thatcher, and has spent most of his life studying economics and economic policy.
In this conversation, Arthur shares what he’s learned in the 50+ years he’s been in and around the White House and why the fastest-growing states have zero income tax. You’ll also hear Arthur explain why the national debt isn’t just “deferred taxes” and his thoughts on how to improve it.
In this podcast interview, you’ll learn: 

The differences between Keynesian and supply-side economics–and why Art believes Keynesianism doesn’t work. 
Why Art believes mass redistribution of wealth leads to zero income and no incentives. 
How eras of historically high tax rates have led to underperforming economies. 
Why Art advocates for a low-rate, broad-based flat tax.

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

It’s no secret that Social Security is a significant issue in this country. But what’s worse is that many people are unaware of how to maximize the Social Security benefits they paid into throughout a lifetime of hard work. 
Today, we’re talking about worst-case scenarios with Larry Kotlikoff. Larry is a professor of economics at Boston University, a Fellow of the American Academy of Arts and Sciences, a Research Associate of the National Bureau of Economic Research, and a former Senior Economist on the President’s Council of Economic Advisors. His work has been featured in countless publications, and he testified to Congress on tax reform and other issues 19 times. 
In our conversation, we’ll focus on his new book, Social Security Horror Stories, where he outlines ways to ensure you get your benefits, avoid clawbacks, and navigate the seemingly impossible bureaucracy that is Social Security. We also discussed the dysfunction and abuses that have made dealing with Social Security so awful, how to make sure you’re not missing out on any possible benefits, and you’ll hear Larry’s ideas on what can be done to fix the system.
In this podcast interview, you’ll learn: 

What a Social Security clawback is–and how people have ended up being told to pay back hundreds of thousands of dollars in payments.
How Social Security has stolen millions in benefits from tens of thousands of Americans.
Why the calculations for the fiscal gap for Social Security funding are wildly off.
Why Larry believes that Social Security as we know it should be retired and rethought entirely to end generational and bureaucratic abuse.

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

America’s ongoing housing problems have impacted the lives of so many people–including today’s guest, Dr. Ben Carson.
Before becoming a renowned pediatric surgeon or the 17th United States Secretary of Housing and Urban Development from 2017 to 2021, he faced many challenges as he and his aunt and uncle moved between Detroit and Boston.
In this interview, we discuss Dr. Carson’s run for president and shift from medicine to public policy, what’s made housing so unaffordable for so many Americans (and what can be done about it), and what he’s doing in his second “failed retirement.”
In this podcast interview, you’ll learn: 

How Dr. Carson’s experiences with homelessness shaped his experiences with housing in America.
Why Dr. Carson is a believer in transitioning people from dependency to self-sufficiency–and why he believes it’s so hard to change our established systems.
The domino effects of unaffordable homes, increasing homelessness, and neverending price increases.
The social programs Dr. Carson is working on now to address the other issues he sees affecting Americans today.

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

The typical retirement portfolio has operated on a 60/40 split between equities and bonds for many years–but this traditional approach has cost retirees a lot of money over the past few years.
Our goal with today’s episode is to help answer two questions: when is the right time to add more bonds to your portfolio, and why isn’t cash still king? 
We’ll discuss the relationship between interest rates and market performance, the difference between “good bonds” and “bad bonds,” and what to do with your portfolio as we approach another period of major volatility. 
In this podcast interview, you’ll learn: 

Why interest rates likely won’t go up much further.
Why good news is bad news for the market and vice-versa.
What makes the market so uniquely volatile during an election year. 
Why it’s impossible for Congress to avoid overspending.
How our looming debt crisis makes it easy to recommend bonds over cash.

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

Jim Rogers made a name for himself co-founding the Quantum Fund, but became the “Investment Biker” when he took a 22-month, 52-country journey business trip by motorcycle. 
A so-called “adventure capitalist,” Jim has published several books, driven all over the world, and achieved remarkable success. In our conversation today, we talked about what he learned traveling the world, his take on our global economy, and how to protect yourself as inflation, debt, and poor leadership put your financial future at risk.
In this podcast interview, you’ll learn: 

What inspired Jim to travel the world by motorcycle.
Why Jim believes now’s a good time to be an old American–and why he’s concerned about the financial problems the United States keeps punting down the road. 
What Jim’s doing to hedge his bets as he becomes increasingly pessimistic about the US economy.
Why Jim is still investing in US dollars, but is looking for alternatives.

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