Gen X Wealth Academy with Phil Telpner

In this episode, we tackle the common complaints and fears about financial situations during that members of Gen X experience during life. We'll discuss which concerns are well-founded, which are based on misconceptions, and offer insight on how they can best navigate their financial future.   Join the exclusive Gen X Wealth Academy :  https://bit.ly/3yHAlDD Book a call with Phil :  https://bit.ly...

Picture this: You're at your retirement party, finally ready to enjoy your golden years, but worries caused by some bad money habits have robbed you of fully enjoying the sweetness of the day. It happens to more people than you think, which is unfortunate because with just a little bit of modification, you can rid some of the worst money habits from your life and set yourself up for retirement suc...

Get ready to roll up your sleeves and dive into the gritty side of personal finance. In this episode, we reveal how everyday household tasks can serve as reminders of the principles that lead to financial success. From taking out the trash in your investment portfolio to cleaning out the fridge of outdated financial strategies, we'll explore how to declutter your financial life.   Join the exclusi...

Are you unsure of when to rebalance and how to do it? In this episode, we'll uncover the importance of rebalancing your portfolio and discuss everything from frequency to tax implications. Plus, we'll share a cautionary tale about the consequences of neglecting rebalancing.   Join the exclusive Gen X Wealth Academy :  https://bit.ly/3yHAlDD Book a call with Phil :  https://bit.ly/31iOtBO Phone : (...

Have you ever wondered why you handle money the way you do? It turns out your financial behaviors can be traced back to your formative memories. In this episode, we explore how historic market crashes have left a lasting impact on our relationship with money. We'll also contrast them with the way more recent crises have shaped our financial views and decisions in the short term.   Join the exclusi...

Are you confident that your financial plan is complete? Many people believe they have a solid plan in place, only to realize later that they've missed important areas. From not accounting for long-term care expenses to overlooking the impact of taxes on retirement income, there are many ways a financial plan can be incomplete. On this episode, we'll be pointing out the most common areas people ove...

No one is completely comfortable all of the time when dealing with money. It's impossible to put our emotions aside, especially fear. So we took an informal poll of listeners to find out what their biggest financial fears are. On this episode, we'll explore the most common fears and talk about how they should be addressed in a retirement plan.   Join the exclusive Gen X Wealth Academy :  https://b...

It's been said that if you don't have an income plan, you don't really have a retirement plan. We'll tackle that mentality on this episode to see if it's true and further explore why so many retirees, pre-retirees, and Gen Xers don't understand the importance of an income plan, nor how to properly construct one. This is a foundational topic for anyone preparing for retirement, so make sure you hea...

Even if you've been saving your money and investing for a long time it's easy to make rookie mistakes. In this episode, we'll cover some of the top rookie mistakes we see people make, illustrate how to avoid them or how to fix them if you've already made some mistakes in your financial life. Join the exclusive Gen X Wealth Academy :  https://bit.ly/3yHAlDD Book a call with Phil :  https://bit.ly/3...

Saving in your 401(k) can be an easy and painless way to build your retirement savings. But because it's so easy and painless, it can also be easy to ignore for long periods of time, which often leads to mistakes. We'll cover at least the top 5 mistakes people make in their 401(k)s. Join the exclusive Gen X Wealth Academy :  https://bit.ly/3yHAlDD Book a call with Phil :  https://bit.ly/31iOtBO Ph...

Check out this article that cites 35% of millionaires saying it's "going to take a miracle" to be ready for retirement. Why are Americans feeling less confident? Is it realistic that millionaires can't feel surer about their retirement futures? Listen to the episode to find out. Join the exclusive Gen X Wealth Academy :  https://bit.ly/3yHAlDD Book a call with Phil :  https://bit.ly/31iOtBO Phone...

Let's explore some of the things you should be thinking about to make smart financial decisions when you encounter some of the most significant events in your life. Join the exclusive Gen X Wealth Academy :  https://bit.ly/3yHAlDD Book a call with Phil :  https://bit.ly/31iOtBO Phone : (224) 616-2016 Email :  PT@BreakoutPrivateWealth.com Learn how to rebound from investment losses with the Investo...

Getting through retirement can be a lot like running a marathon. Let's talk about some of the similarities of getting to the finish line in racing and retirement. Join the exclusive Gen X Wealth Academy :  https://bit.ly/3yHAlDD Book a call with Phil :  https://bit.ly/31iOtBO Phone : (224) 616-2016 Email :  PT@BreakoutPrivateWealth.com Learn how to rebound from investment losses with the Investor...

Generation X has different financial concerns than the ones our parents had. We don't have pensions and we have had massive increases in expenses. Let's dive into some of these problems and see how we can make the most of them. Join the exclusive Gen X Wealth Academy :  https://bit.ly/3yHAlDD Book a call with Phil :  https://bit.ly/31iOtBO Phone : (224) 616-2016 Email :  PT@BreakoutPrivateWealth.c...

This episode introduces an important shift in the focus of our show. Going forward, the show will have a specific focus on serving Generation X savers to help them prepare for retirement. Phil will detail why he's so passionate about helping Gen X prepare for retirement, the unique challenges they face, and why a specific focus on this group is so needed. Check it out and tune in for lots of futur...

Want to know the secrets to experiencing satisfaction in retirement? We've discovered five key situations to which your financial plan needs to lead you. If you can key in on these five points, you'll have a high chance to achieve retirement satisfaction. Book A Call With Phil :  https://bit.ly/31iOtBO Phone : (224) 616-2016 Email :  PT@BreakoutPrivateWealth.com

We're bombarded with ads each day in all forms of media. But have you ever taken a closer look at these messages? If we unpack some of these headlines and ads a little bit more, we're able to clearly understand what emotions they're trying to elicit. More importantly, we can figure out what companies are trying to sell us. For this episode, we just perused the internet for a couple of hours and ke...

Being a good advisor isn't about winning a popularity contest or just saying the same things that everyone else in the industry says. It's about giving the best advice that you can for each individual situation. On today's show, we're going to peel back the curtain to discuss some areas where a good financial advisor's opinions might go against the grain with mainstream ideas in the industry. Book...

People have many reasons for procrastinating when it comes to putting a retirement plan together. Let's explore some of those excuses and why they can be dangerous, and talk about how to overcome them. Book A Call With Phil :  https://bit.ly/31iOtBO Phone : (224) 616-2016 Email :  PT@BreakoutPrivateWealth.com

Don't dread this as much as you hated hearing these words as a kid, but it's time for a pop quiz! We're putting retirement planning preparedness under the microscope with 5 critical questions to which you need to know the answers. So sharpen those pencils and let's see how ready you are for retirement. Book A Call With Phil :  https://bit.ly/31iOtBO Phone : (224) 616-2016 Email :  PT@BreakoutPriva...

Let's see if your tolerance for risk matches your financial plan. What should you do if that balance is out of whack? What if you're a natural risk taker, but you really shouldn't be when it comes to your finances? We'll explore all of these angles as we break down the role of risk in your financial and retirement plan. Book A Call With Phil :  https://bit.ly/31iOtBO Phone : (224) 616-2016 Email :...

Do you know what red flags, but also some good signs, to be on the lookout for when you're searching for an advisor to work with as you prepare for retirement? On this episode, we'll give you some red flags to be aware of, teach you how to spot them, and illustrate the difference between an advisor who does the bare minimum versus one who goes above and beyond to work in your best interests. Book...