Money Mile

Are you tired of trying all kinds of different tech solutions to manage your cash flow?  Or maybe you’re still burying your head in the sand and simply crossing your fingers that your expenses will be less than your income this month. The biggest challenge people have with their cashflow is their lack of spending awareness. This is because, for most people, rather than developing a proper spe...

Many of you have heard of the famous 60-40 portfolio, but is it a realistic portfolio distribution? I recently had a listener ask this question.  In this episode of Money Mile, we’ll explore what it means to save for retirement and how the accumulation and decumulation phases differ. Then we’ll dive into the nitty-gritty of portfolio distributions.  So, grab your earbuds and running shoe...

In today's episode of Money Mile, you’ll learn about my process for updating my clients' and my own retirement income projections to get a sense of the process I follow when helping clients. Are you ready for your mile-sized bit of financial education? Click play to get started.  You will want to hear this episode if you are interested in... The primary steps in developing your retirement inc...

Do you ever think about the future of triathlon? It lies with the next generation.  Christina Dorrer is an inspirational triathlete who is breaking the barriers of multisport so that kids from all walks of life can participate.  In this episode of Money Mile, you’ll hear a bit about Christina’s accomplishments, but also about those of the kids she has been training through her nonprofit...

As triathletes, we are naturally competitive–we like to win! However, winning in a race is much different than winning with money.  Finances can cause abundant stress in life, but there are ways that you can design your life so that you win with money. In this episode, you’ll learn five ways to win with money, so grab your earbuds and training shoes and press play as you set off on your long...

Kathy Grady has been involved with triathlons for more than 20 years. She won her age group at the Des Moines 70.3 and even finished 3rd in her age group at the Oregon 70.3–with an injury! This extraordinary athlete and high-performing coach is here to discuss her journey in triathlon, her experience with coaching, and how she is actively overcoming injury.  Do you ever have any questions for...

Jamie So has participated in 19 Ironmans and over 70 half-Ironmans. She has even raced the Eagleman 70.3 for 18 consecutive years.  Are curious to hear how Jamie has accomplished competing in all of these races? Click play to find out. You will want to hear this episode if you are interested in... How she got started in Ironman [2:22] How Jaime defines success [8:25] Best investment [12:21] H...

Science educator and health and wellness coach, Dr. Denise Allen joins me today to discuss her incredible healing journey back to becoming a top-tier triathlete.  Not only has she had the opportunity to race at the 2023 World Triathlon Championships, but she also received the 2022 USAT Multisport Most Inspirational Comeback Award. Denise’s story will inspire you to push yourself to your fulle...

How can you perform at a top level in your triathlon? Learn from those who are doing their best! In this episode of Money Mile, we explore the intersection of triathlon and finance with Rebecca McKee. Rebecca has learned how to overcome obstacles to do her very best. She shares her journey by discussing her experiences and challenges in this open conversation. Listen in to learn what you can do to...

Total Body Fitness creates a positive impact on over 6000 athletes each year! However, Total Body Fitness doesn’t just put on races they also introduce and train new athletes in the sport of triathlon. On this episode, Mark Shaw and Bill Driskill join me to discuss how they have been spreading the sport of triathlon to the world for over 30 years. Listen in to learn how they help people overcome b...

If you have listened to Money Mile lately, you have probably heard our financial training plan episodes. It’s finally time to wrap them up now that we have taken a dive through the main financial planning topics at the sprint, Olympic, and long course levels.  In addition, we’ll discuss what’s coming next for the show, so listen in to hear what you can expect in future episodes of Money Mile....

Here at Money Mile, we love to shine the light on good people doing great things in the sport and our guest today is so positive that her own light shines through on this episode.  Pam Coley is a successful small business owner, mother, grandmother, and an average person who enjoys triathlon. On this episode, you’ll hear how she got into the sport, her tips for dealing with race day anxiety,...

In today's episode, we will finish the tax planning portion of your financial training plan at the long-course level. We can compare this to the technique and efficiency work in your triathlon training plan.  To help you keep more of your resources throughout your lifetime, we want to ensure your tax strategy is well-designed. My goal today is to give you some practical concepts to consider t...

If you want to learn how to improve the amount you pay in taxes you won’t want to miss this episode.  Steven is the CEO and Lead CPA at Retirement Tax Services, an active former triathlete turned OCR racer, host of the first annual Retirement Tax Services Tax Summit, host of The Least Boring Tax Podcast , and author of Don’t Get Killed by Taxes , so he is a wealth of information on all things...

Your investment portion of your financial training plan is similar to the strength training you do in your physical training plan. My goal is to ensure that your investments are strong enough to support you so that you can live your best life.  In this episode of Money Mile, I’ll share two concepts that you can implement in your investment portfolio to strengthen your financial plan. Listen i...

On this episode of Money Mile, I had the opportunity to chat with Allison Trucillo–a mom, a physician, and a triathlete. In this episode, we discuss how Allison got started in the sport, what she considers her best investment in triathlon, her accomplishments, and so much more. Listen in to hear how this dedicated triathlete made it to the World Championships in only her second year of racing.&nbs...

On this episode of Money Mile, we are wrapping up your financial training plan by looking at retirement income at the long-course level. I equate a retirement income strategy with the nutrition and hydration component of triathlon training.  Many of us have experienced a nutrition-related “bonk” in a race or a long training session. My goal with this podcast is to prevent you from “bonking” f...

Jenn O’Keefe isn’t afraid to break free of her comfort zone. In this episode of Money Mile, you’ll hear Jenn’s story, the challenges she’s faced, her ups and downs, her proudest moment in triathlon, and so much more.  Jenn even opened my eyes to a new triathlon challenge I had never considered before. Listen in to hear what it is. You will want to hear this episode if you are interested in......

In life, you need to have a backup when things don’t go according to plan. In your training we call this a contingency plan, in life, we call this risk management.  In this episode of Money Mile, we’ll dive deep into the dangers of the infinite banking strategy–one risk management strategy posing as a good investment strategy. Listen in to learn why banking on yourself isn’t always the best b...

Since Money Mile stands at the corner of triathlon and personal finance we like to highlight the age group triathletes who are the lifeblood of our sport. In our interviews, we’ll shine the light on good people doing great things. In this interview with Julie Dunkle, you’ll hear about her journey with triathlons, her winning spirit, and her recent challenges. Learn how Julie is adapting through ad...

Here at Money Mile, we help active, time-crunched people increase their confidence in their finances while increasing their fitness. We focus on educating runners and triathletes who are looking forward to an engaged, phased financial independence and who are ultimately interested in leaving a meaningful legacy. Today, we’ll focus on the legacy aspect of financial planning. We have discussed estat...

Since Money Mile stands at the corner between triathlon and personal finance, we want to take the opportunity to highlight some amazing triathletes who are doing great things to further the sport.  On this episode of Money Mile, you’ll hear from our first special guest–Cathy Casey. Cathy shares how she levels up her triathlon experience, builds her confidence, and helps others improve their p...

Let’s face it, sometimes personal finance can seem like a foreign language. However, understanding your finances is essential to living the life you want. On this episode of Money Mile, we’re going to level up your understanding of investment management.  If you feel like you need more of a basic tutorial on investments, check out  episode 25  first to get the basics down.  In...

Even the best-laid plans veer off course occasionally. As a triathlete, you probably know all about things going wrong in a race. If you haven’t had to change up your race plan in the middle of a race, you probably know someone who has. In the same way, you need a contingency plan for your triathlon, you need a contingency plan for your finances. In this episode of Money Mile, we’re going to level...

If you listened to  episode 24  you already understand the basics of income tax planning. Today we’re going to kick it up a notch by discussing additional income tax information that will help you increase your tax efficiency. You will want to hear this episode if you are interested in... Changing tax laws [1:42] The differences between traditional and Roth retirement accounts [5:38] Sta...