Archive for the Podcast Episodes Category


125 Yet One More Problem With Your Company’s 401k

Today we are discussing one of our favorite financial products…the 401k. We really wish you could see the red hot glow of the sarcasm light in our studio. If you’ve been listening to the Financial Procast for any length of time, you will surely be familiar with our disdain for the 401k. It’s not necessarily that we […]

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124 Certified Financial Planners do very little Planning

The Certified Financial Planner designation stands as a testament of one’s dedication to excellence and superiority in the world of financial planning. Or at least that’s what the CFP Board and the designees want you to believe. And they’ve done a good job convincing the world that CFP® holders are the wise wizards of the […]

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123 What’s the Real Rate of Return of the Stock Market?

Well the Dow was at 17,000, but this week certainly hasn’t been very generous to American equities. Ignoring that ugly truth for a minute, we wanted to take a minute to look at last week’s awesome new highs and discuss what it really means for the real return of the stock market. Podcast: Play in […]

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122 Gen X Retirement: Gloomy

When it comes to Gen X and Retirement all is not well with the MTV Generation. But this despair doesn’t seem to be rooted in a systemic lack of effort—one of the core flaws often noted by its preceding generation—rather it originates from a demoralizing late-in-life shift in world view coupled with a struggle to […]

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121 Life Insurance is not a Rotisserie Chicken

“We want to let everyone know that life insurance is like that guy on the TV selling his little oven thingy…you just set it and forget it!” That was the utterance of a Friday morning sales meeting I once labored through when I was a relatively new agent at one of the big mutuals. The […]

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120 And You Thought the Drones Were Cool?

Recent announcements have surfaced saying that both Amazon and Google are kicking around the idea to sell life insurance. Are we worried that this going to bring some stiff competition to the life insurance market? Do agents (like us) have to worry? We think not. They both will focus on selling term life insurance policies […]

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119 Fees, Fees, Fees Everywhere

In this episode of the Financial Procast we’re discussing the tendency that some people have to obsess over details of a financial product purchase that don’t really matter. At the end of the day, the only thing that matters is how much benefit you derive from the product that you purchase. All the stuff that […]

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118 Annuities = Income: Enough Said

We bet you didn’t know that June is annuity awareness month.  In fact, we didn’t realize it until yesterday. And since we did an episode in May to honor Disability Awareness month, we figured we should give equal time to Annuity Awareness month. Of course we assume that you are all aware that annuities exist […]

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117 Diversification: It’s More Complicated Than You Think

Diversification is everyone’s favorite topic in the world of personal finance. Too bad it’s so often misunderstood and watered down. Today’s episode is all about why you, as an individual, cannot replicate what an institutional money manager does. And this discussion goes far beyond just selecting investments. Why not just go out on your own? […]

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I’m Not a Financial Expert: But I Play One on the Internet

Today we are here to cast a few stones at the so-called financial experts and financial bloggers that spring up all over ye olde interwebs. if you’re wondering we do have a hate mail folder. What stones are we casting? Well, we’re going to talk about the dispensing of advice and information as it relates to […]

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