The Science of Wealth

Dr. Dan & Emily discuss getting into the details of travel planning, how to discuss your parents' need for care later in life, and how to set up your young children for financial success. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consult...

Dr. Dan & Daniel discuss fee-only, fee-based, and commission-only financial planning. They then move on to discuss how MY Wealth Planners' planning model has evolved from standalone investment management and one-time project services to its current comprehensive model. And they end their conversation on the topic of which types of planning models are good for which types of client. To lea...

Dr. Dan & Daniel discuss what financial planners think about when presented with a "simple" financial plan. They then move to how financial planning is focused on a decade-by-decade basis for many people. Finally, they wrap up on the question of the value of a one-time financial plan versus a long-term financial plan. To learn more about financial planning and MY Wealth Planners, vis...

Dr. Dan & Emily discuss financial anxiety, how to think of retirement as a number other than age, and FAQs of financial planners. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Daniel discuss children's allowances, whether you should discuss money with your family, friends, and colleagues, and separating your self worth from your wealth. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults The 2025 Empl...

Dr. Dan & Emily discuss student debt and whether you should target forgiveness or payoffs, then turn to whole life insurance, and wrap up on the subject of target date funds. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Daniel discuss whether paying off debt early is an optimal strategy and when it's not. They then discuss the opportunity costs of delaying financial decisions and what can contribute to those costs. Finally, they wrap up on the topic of whether it's financially smart to renovate and improve your home. To learn more about financial planning and MY Wealth Planners, visit: htt...

Dr. Dan & Emily discuss how to handle an inheritance when it's received and how lifestyle creep can be a dangerous factor in dealing with new money. Then, Emily asks Dan to share his advice for leaders. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-...

Dr. Dan & Daniel discuss the lessons learned at the Financial Planning Association's Retreat, a gathering of experienced financial planners to learn from world-class experts on a variety of financial planning subjects. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, visit: https://calendly.com/my-...

Dr. Dan & Emily discuss strategies for merging finances with a partner or spouse, how to manage career and cash flow decisions when you're in a relationship, and how to go about dividing up financial assets in the event of a separation or divorce. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, vi...

Dr. Dan & Daniel discuss ESG/SRI investing, bitcoin and blockchain, and whether AI will replace financial planners. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Emily discuss the volatility in the markets over the past few weeks, why delegating to a financial planner can be a good idea, and how to invest for short term goals. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Daniel discuss teaching children about wealth, how to save for giving your kid a head start in life, and finding success beyond monetary wealth. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dan and Emily discuss Dan completing his PhD in Personal Financial Planning, what the world of financial planning research looks like, and what's next on Dan's research journey. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dan and Daniel discuss how politics do (or don't) affect the stock market, how tariffs impact personal finances, and considerations when moving overseas. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dan and Emily discuss common misconceptions about who needs a financial planner, introductory considerations when picking a business structure, and some basics to understand about annuities. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dan and Daniel discuss taking a higher salary versus equity, buying into company stock, and delegating to new employees. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dan and Emily discuss whether you should max fund your 401(k), what to know about rebalancing, and financial planning internships. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dan and Daniel discuss whether it makes sense to buy a vacation property rather than just take more vacations and how to make financial sense of the decision. They then review timeshares as an alternative. Finally, they talk about the pros, but mostly the cons and risks that can come with working from home. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplann...

Dan and Emily discuss the timing of Roth Conversions and whether you'd want to do them later or earlier in the year. Emily then tortures Dan with 13 "Tax Tips" found online, and they evaluate whether any of them are actually true. Finally, they discuss late enrollment opportunities for HSAs and FSAs if you've missed the opportunity to sign up during open enrollment. To learn mo...

Dan and Daniel discuss how long you should stay at a company, how to identify red flags in your career path, and how to assess a new job's potential. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dan and Emily discuss budgeting for big expenses, whether young people need estate plans, and what financial content is actually worth following (other than the podcast!) To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dan and Daniel discuss the problem of not feeling rich or wealthy when you objectively are affluent. They then chat about the pros and cons of giving children early inheritances rather than waiting for their parents to pass away. Finally, they wrap up on the topic of the importance of imparting values rather than possessions or material wealth. To learn more about financial planning and MY Wealth...

Dan and Emily discuss Long Term Care Insurance and why it's both difficult to obtain and can have disappointing results. They then discuss health insurance and how catastrophic medical bills can still result when you have full coverage. The conversation wraps up discussing the rumors that insurance companies dropped customers right before the fires in Los Angeles. To learn more about financia...

Dan and Daniel discuss preparing for 2025, both financially and in tax season, and reflect on lessons learned in 2024. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults