There is only one proven way to completely eliminate your tax bill to Uncle Sam. Stop earning income. Short of that, it's impossible to avoid all taxes. However, there are tax reduction strategies you can use in retirement to reduce and even avoid the bill Uncle Sam sends you. In this episode, we share the story of one family's retirement journey and the simple, yet effective, ways they reduced taxes throughout retirement.

Most Millionaires know the best financial plans are not complicated. They are simple, easy to understand, and easy to implement. However, just because something is simple doesn't mean it isn't effective. In fact, the fewer moving parts a plan has, the more likely it will succeed. In this episode, we share 3 simple wealth solutions Millionaires are using to become and stay wealthy.

A common misperception is that wealthy people have piles of cash laying around. However, they would tell you the majority of their wealth is tied up in non-cash assets like real estate, businesses, minerals, metals, stocks, and the like. So, how do the wealthy unleash the power of their non-cash assets to access cash flow? Through the use of leverage. In this episode, we share how lines of credit can help you access cash flow while avoiding taxes and holding on to assets you want to keep. 

Everything you want to do or purchase in life requires cash flow. The best portfolio in the world means nothing if the person that owns it doesn't have enough cash in the bank to pay their bills. Cash flow is especially important in retirement, when you no longer have a steady paycheck. In this episode, we share the one question you must be able to answer before you can retire.

Money is an incredible tool, capable of creating amazing things that benefit and enrich the lives of people all over the world. Money also has a dark side that can turn loved ones against each other and rip families apart. In this episode, we share some of the financial situations you may face and how to decrease the odds that your family allows your wealth to become a weapon rather than a blessing. 

The Baby Boomers are the largest generation in U.S. history and they've built up quite a tidy sum of wealth. It's estimated that between 2023 and 2045, $84 trillion in assets will pass to Generation X and Millennials from their Baby Boomer parents and grandparents. This type of wealth can be overwhelming. In this episode, we speak with Asher Allison, a finance major at the University of Oklahoma and intern with ChappelWood Financial about how younger generations can prepare for it.

When you finally become a Millionaire, and especially a multi-Millionaire, investment opportunities you might never have imagined suddenly present themselves to you. A unique real estate deal. A venture capital start up. A vineyard and winery. They all sound exciting, but if you're not careful, you could end up flushing a lot of cash down the drain. In this episode, we share some of the questions and considerations that should be part of your due diligence process when contemplating making an alternative investment.

A lot of people think about their money as an either/or issue. Either I'm going to use all my wealth to enjoy retirement or I'm going to leave most of it to my family. However, it is possible to do both well. In this episode, we are joined by Shawn Byerly and Matt Kennedy who share some of the unique ways you can leave a legacy to your family without scrimping on your own retirement dreams.

Coming off the worst year for the market since the 2008 financial crisis, the year 2023 was set up to be an interesting year. Uncertainty and questions dominated the first half of the year. We got a lot of answers, but there are still lots of questions. In this episode, we ask and answer some of the big ones. Will interest rates continue going up? Will inflation continue falling? Will there be a recession in 2023? What will the market do? 

It's one thing to BELIEVE you can live on a certain amount of cash flow each month during retirement. It's an entirely different thing to ACTUALLY do it. As your retirement date nears, you don't want to be surprised by a plan that doesn't meet your needs. In this episode, we share some of the key steps you should take on the Countdown to Retirement, including taking your planned cash flow budget for a test drive.