In this episode I restart the show after a three year hiatus. A lot has happened since we last uploaded a podcast.

In this show we remember John Stevenot our former emcee and podcast engineer who passed away at the age of 28 (October 5, 2018). We also talk about why estate planning is important - even for a young person and the posthumous release of John's book Hacking Normal on Amazon.com.

We also set the stage for future shows and getting the podcast back in gear...

To pick up your copy of the book Downsize Sooner Than Later, 18 Rules for Retirement Success - by Ted Stevenot, visit Amazon.com at this link: https://amzn.to/3qi9N69

Visit the START HERE page of my website for more information on books, free articles, and podcasts. Link: https://tedstevenot.com/

Questions comments? I can be reached via email at: [email protected]

Thanks for listening and enjoy!

Ted Stevenot

In this epdisode of the Health and Money Podcast, Eric, Ted, and John talk about the benefits of guaranteed income.

Guaranteed income will keep you from blowing your nest-egg on groceries and basic life expenses. There are basically three types of guaranteed income: social security, pensions, and annuities. Figure out your basic bills, and pay as many of them as possible using guaranteed income.

Listen to Eric, Ted, and John talk about each one.

Thanks for listening to this LEGACY episode of the Health and Money Podcast.

To pick up a copy of the book "Downsize Sooner Than Later, 18 Rules for Retirement Success - by Ted Stevenot", visit Amazon.com at this link: https://amzn.to/3qi9N69

To pick up a copy of John Stevenot's book, Hacking Normal, visit Amazon.com at this link: https://amzn.to/35JTMg4

For more information on books, free articles, and podcasts from both Ted and John Stevenot visit the START HERE page of Ted's website at this link: https://tedstevenot.com/

Questions comments? Reach Ted Stevenot via email at: [email protected]

Thanks for listening and enjoy!

Ted Stevenot

In this episode of the Health and Money Podcast, Eric, Ted, and John talk about the first step in the 60 Second Retirement Plan. The 60 Second Retirement Plan is Ted's brainchild after realizing that he needed to figure out how to ensure that he and his family were taken care of in the future.

In this episode, we talk about the first piece: Lowering Expenses. There are three ways in which we can lower our expenses:

1. Lessen the amount of money going out.

2. Increase the amount of money coming in.

3. Create peace of mind through downsizing and eliminating debts.

Obtaining one or all of these variables are great ways to start planning for your retirement.

Thanks for listening to this LEGACY episode of the Health and Money Podcast.

To pick up a copy of the book "Downsize Sooner Than Later, 18 Rules for Retirement Success - by Ted Stevenot", visit Amazon.com at this link: https://amzn.to/3qi9N69

To pick up a copy of John Stevenot's book, Hacking Normal, visit Amazon.com at this link: https://amzn.to/35JTMg4

For more information on books, free articles, and podcasts from both Ted and John Stevenot visit the START HERE page of Ted's website at this link: https://tedstevenot.com/

Questions comments? Reach Ted Stevenot via email at: [email protected]

Thanks for listening and enjoy!

Ted Stevenot

In this episode of The Health and Money Podcast, Eric, Ted, and John discuss several reasons why taking a looking at an indexed universal life (IUL) policy might be worth your time.

1. Can never lose money due to a downturn in the market.

2. Grow tax deferred.

3. No contribution limits.

4. You control your money.

5. You control your taxes.

...and more.

Let us know what you think.

Thanks for listening to this LEGACY episode of the Health and Money Podcast.

To pick up a copy of the book "Downsize Sooner Than Later, 18 Rules for Retirement Success - by Ted Stevenot", visit Amazon.com at this link: https://amzn.to/3qi9N69

To pick up a copy of John Stevenot's book, Hacking Normal, visit Amazon.com at this link: https://amzn.to/35JTMg4

For more information on books, free articles, and podcasts from both Ted and John Stevenot visit the START HERE page of Ted's website at this link: https://tedstevenot.com/

Questions comments? Reach Ted Stevenot via email at: [email protected]

Thanks for listening and enjoy!

Ted Stevenot

In this episode of The Health and Money Podcast, Eric, Ted, and John talk about sequence of returns and how it could possibly influence your nest egg years into your retirement.

Some questions that need to be answered are: What is sequence of returns? Can you predict your returns? Should you solve for your basic income first? Where is the risk and how can you prevent it?

Thanks for listening to this LEGACY episode of the Health and Money Podcast.

To pick up a copy of the book "Downsize Sooner Than Later, 18 Rules for Retirement Success - by Ted Stevenot", visit Amazon.com at this link: https://amzn.to/3qi9N69

To pick up a copy of John Stevenot's book, Hacking Normal, visit Amazon.com at this link: https://amzn.to/35JTMg4

For more information on books, free articles, and podcasts from both Ted and John Stevenot visit the START HERE page of Ted's website at this link: https://tedstevenot.com/

Questions comments? Reach Ted Stevenot via email at: [email protected]

Thanks for listening and enjoy!

Ted Stevenot

In this episode of the Health and Money Podcast, Eric, Ted, and John talk about the basics of your current and future needs. Learn how to begin thinking about budgeting, risk, and investing.

We take the time to answer some questions such as: What are the basics? When should you starting budgeting? Which expenses are going to be the most painful in the long run? What practices can help mitigate the 'pain' of downsizing? Why should someone focus on things that add value (assets and skillsets)? Is passion really something you should follow?

Thanks for listening to this LEGACY episode of the Health and Money Podcast.

To pick up a copy of the book "Downsize Sooner Than Later, 18 Rules for Retirement Success - by Ted Stevenot", visit Amazon.com at this link: https://amzn.to/3qi9N69

To pick up a copy of John Stevenot's book, Hacking Normal, visit Amazon.com at this link: https://amzn.to/35JTMg4

For more information on books, free articles, and podcasts from both Ted and John Stevenot visit the START HERE page of Ted's website at this link: https://tedstevenot.com/

Questions comments? Reach Ted Stevenot via email at: [email protected]

Thanks for listening and enjoy!

Ted Stevenot

In this episode of the Health and Money Podcast, Eric, Ted, and John talk about the odds and fallacies of creating your bracket as well as investing in the stock market.

A few questions we aim to answer are:

What is the difference between the "hot hand" fallacy and "gambler's" fallacy? What is the change of picking a perfect bracket? Do we invest rationally or emotionally? What are some ways to invest in order to remove the human element? Is it better to invest for the long run or short run?

Thanks for listening to this LEGACY episode of the Health and Money Podcast.

To pick up a copy of the book "Downsize Sooner Than Later, 18 Rules for Retirement Success - by Ted Stevenot", visit Amazon.com at this link: https://amzn.to/3qi9N69

To pick up a copy of John Stevenot's book, Hacking Normal, visit Amazon.com at this link: https://amzn.to/35JTMg4

For more information on books, free articles, and podcasts from both Ted and John Stevenot visit the START HERE page of Ted's website at this link: https://tedstevenot.com/

Questions comments? Reach Ted Stevenot via email at: [email protected]

Thanks for listening and enjoy!

Ted Stevenot

In this episode of The Health and Money Podcast, Eric, Ted, and John talk about Health Savings Accounts (HSAs). What are they? How do you qualify for it? How do you contribute to and withdraw funds from it?

HSAs are not only a great way to pay for current medical expenses, but also a fantastic way to invest your current money in order to pay for future medical expenses.

Reach out to us if you have any questions.

Thanks for listening to this LEGACY episode of the Health and Money Podcast.

To pick up a copy of the book "Downsize Sooner Than Later, 18 Rules for Retirement Success - by Ted Stevenot", visit Amazon.com at this link: https://amzn.to/3qi9N69

To pick up a copy of John Stevenot's book, Hacking Normal, visit Amazon.com at this link: https://amzn.to/35JTMg4

For more information on books, free articles, and podcasts from both Ted and John Stevenot visit the START HERE page of Ted's website at this link: https://tedstevenot.com/

Questions comments? Reach Ted Stevenot via email at: [email protected]

Thanks for listening and enjoy!

Ted Stevenot

In this episode of the Health and Money Podcast, Eric, Ted, and John discuss the concept of Long Term Care insurance coverage. This is the single biggest concern for people in the baby boomer and proceeding generations. Learn what long term care is, when you should start planning to take your benefits, how long term care can benefit you, and who you are protecting.

Medical costs are going to be the single most expensive part of your elderly life, find a way to cover yourself appropriately.

Thanks for listening to this LEGACY episode of the Health and Money Podcast.

To pick up a copy of the book "Downsize Sooner Than Later, 18 Rules for Retirement Success - by Ted Stevenot", visit Amazon.com at this link: https://amzn.to/3qi9N69

To pick up a copy of John Stevenot's book, Hacking Normal, visit Amazon.com at this link: https://amzn.to/35JTMg4

For more information on books, free articles, and podcasts from both Ted and John Stevenot visit the START HERE page of Ted's website at this link: https://tedstevenot.com/

Questions comments? Reach Ted Stevenot via email at: [email protected]

Thanks for listening and enjoy!

Ted Stevenot

In this episode of the Health and Money Podcast, Eric, Ted, and John talk about the differences between a 401k and a pension. Which provides a defined benefit (guaranteed income) and which is a defined contribution with no guaranteed income? Who is responsible for investing the money: the company or the individual?

If Ted or Eric could go back and invest in a 401k or a pension with all the knowledge they have today, which would they choose?

Thanks for listening to this LEGACY episode of the Health and Money Podcast.

To pick up a copy of the book "Downsize Sooner Than Later, 18 Rules for Retirement Success - by Ted Stevenot", visit Amazon.com at this link: https://amzn.to/3qi9N69

To pick up a copy of John Stevenot's book, Hacking Normal, visit Amazon.com at this link: https://amzn.to/35JTMg4

For more information on books, free articles, and podcasts from both Ted and John Stevenot visit the START HERE page of Ted's website at this link: https://tedstevenot.com/

Questions comments? Reach Ted Stevenot via email at: [email protected]

Thanks for listening and enjoy!

Ted Stevenot