The Retirement Trainer

The Retirement Trainer

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The Retirement Trainer episodes

  • 101: Steve Forbes on Tax Cuts, Fed Reform and Deregulation to Stimulate the Economic Revival

    Taxes. Inflation. Economic uncertainty. If you’re approaching retirement, these aren’t just headlines—they’re real concerns that could impact your financial future. And that’s why I’m thrilled to welcome Steve Forbes back on the podcast to get his take on tax policies and the economy with the incoming administration.

    Steve Forbes is the Chairman and Editor-in-Chief of Forbes Media, a globally recognized business leader, economic visionary, and a champion of free-market principles. Steve was a two-time presidential candidate and the author of several influential books, including Flat Tax Revolution, Inflation: What It Is, Why It’s Bad, and How to Fix It. 

    In our conversation, you’ll learn why tax cuts and deregulation are essential for economic growth, how stabilizing the dollar effectively combats inflation, and the role energy independence and digital currencies like Bitcoin could play in shaping the nation’s future. From the future of Social Security to the tax policies that could shake up your savings, we covered it all.

    In this podcast interview, you’ll learn: 

    • Why tax cuts will stimulate economic growth and why delaying them would be a mistake.
    • How deregulation empowers small businesses to thrive.
    • The importance of a stable dollar to combat inflation and why the Federal Reserve's approach needs reform.
    • The “fourth branch” of government you should be worried about.
    • How energy independence can reduce national debt, boost the economy and your portfolio.
    • What Steve Forbes would do on the first day as POTUS.
    • How Fit Is Your Retirement Plan? 

      We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com

      38 min
    • 100: Dr. Arthur Laffer Shares his Outlook on the U.S. Economy, Inflation and Tax Reform

      I’m thrilled to be joined once again by Dr. Arthur Laffer. Dr. Laffer is a world-renowned economist and creator of the Laffer Curve, which has reshaped fiscal policy worldwide. He has advised Secretaries of the Treasury, served on President Reagan’s Economic Policy Advisory Board, and been recognized by Time Magazine and the Los Angeles Times.

      Dr. Laffer shares why he’s optimistic about the U.S. economy under new leadership, how tariffs can drive global trade negotiations, and what it will take to rebuild trust in government institutions. Arthur also weighs in on some flaws with the Federal Reserve’s monetary policies, the significance of participation rates, and why he’s advocating for a return to foundational economic principles.

      From his insights on inflation and Fed policy to his vision for tax reform and government efficiency, this conversation is packed with wisdom from one of the most influential economic thinkers of our time.

      In this podcast interview, you’ll learn: 

      • The seven positions of political power in the U.S. and their implications
      • Why Dr. Laffer believes the Fed’s monetary policy is fundamentally flawed
      • The difference between Paul Volcker’s and Jerome Powell’s approach to combat inflation
      • How tariffs can be a great negotiating tool for free trade
      • Why Dr. Laffer has vowed to never work in government again.
      • How Fit Is Your Retirement Plan? 

        We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com

        37 min
      • 099: Housing Market Insights and a Recession & Inflation Reality Check with Danielle DiMartino Booth

        As we approach the end of 2024 with a new President-elect, many people wonder what’s in store for the stock market, housing market, and inflation. What’s really happening behind the scenes with the Federal Reserve, inflation, and the economy? 

        We’re thrilled to have Danielle DiMartino Booth on the podcast to get her insights on these hot topics. Danielle is the CEO and chief Strategist for QI Research, a former Federal Reserve insider, and the author of Fed Up: An Insider’s Take on Why the Federal Reserve is Bad for America. 

        In this episode, we discussed some of the Fed’s controversial policies, the reality of a potential recession, and her outlook on the housing market, especially with the influx of real estate investors. Danielle shares her unfiltered insights on wage inflation, government layoffs, and how bond yields are a potential signal for trouble ahead. She’ll also explain why she believes we could already be in a recession—and what it means for your investments.

        In this podcast interview, you’ll learn: 

        • Why Danielle believes that inflation and recession concerns are far from over.
        • The purpose of the 2% inflation target and how it’s tied to deflation fears.
        • What rising bond yields mean for your money. 
        • Danielle’s outlook on the housing market and mortgage financing, especially for investment properties.
        • Danielle’s views on the bond and stock market for 2025 and beyond.
        • How Fit Is Your Retirement Plan? 

          We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com

          43 min
        • 098: The Impact of AI on Your Money and the Global Economy with Jim Rickards

          Whether we like it or not, AI and ChatGPT are here, and they’re not going away. Most of us forget that AI has actually been around for years. While there’s plenty of potential and room for progress with AI, there are many concerns about what AI means for our finances, and that’s what we’ll be covering today.

          We’re honored to have Jim Rickards on the podcast today. Jim is an economist, Wall Street veteran, former DOD advisor, and bestselling author of The New Great Depression and Currency Wars. We discussed Jim’s newest book, MoneyGPT, the future of AI in financial markets, and its ripple effects on your portfolio.

          We explore the pros and cons of AI in the financial world. From hedge funds outsourcing decisions to AI to potential market meltdowns driven by algorithms, Jim lays out what’s at stake—and how you can protect yourself. We also dive into how AI intertwines with national security and why decision-making matters more than ever.

          If you’ve ever wondered whether your 401(k) or investment portfolio is ready for the AI-driven future, this episode is for you.

          In this podcast interview, you’ll learn: 

          • The impact AI and ChatGPT could have on saving for retirement.
          • Why Jim believes that a new world of AI isn’t all doom and gloom.
          • How hedge funds use AI to pick stocks.
          • Why the lack of human empathy from AI is a valid concern with critical decisions.
          • Jim’s advice for the new administration on how to protect investors against a run on banks and financial markets.
          • How Fit Is Your Retirement Plan? 

            We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com

            44 min
          • 097: Inflation: The Greatest Challenge for a Generation of Retirees with Robert Kiyosaki

            Today, I’m talking to Robert Kiyosaki. I read his hugely influential book, Rich Dad Poor Dad, for the first time back in 1998, and his philosophy–that rich people don’t work for money–seems like it’s never been more true than it is now in today’s economy.

            In our conversation, we dig into the biggest challenges like inflation and that national debt that is facing retirees today, why Robert has never invested in the stock market, and what he’s learned over the course of his 25+ year friendship with president-elect Donald Trump.

            In this podcast interview, you’ll learn: 

            • How inflation is making it so much harder for his generation to retire. 
            • Why Robert built a portfolio focused almost entirely in real estate, precious metals, crypto and other alternative assets.
            • The issues that are preventing the U.S. from keeping the national debt under control.
            • Why Robert wouldn’t change much of Rich Dad Poor Dad if he was publishing it today.
            • How Fit Is Your Retirement Plan? 

              We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com

              37 min
            • 096: Is Now the Time to Invest in Gold and Precious Metals?

              With inflation lingering and still impacting our purchasing power, it’s time to ask ourselves: Is it time to invest in gold and precious metals? This begs the question, how much should you have in your portfolio?

              In today’s episode, we discuss why yields are going up despite interest rates going down, why weaponizing the US dollar will dramatically change how we live, and how to make alternative assets a sustainable, healthy part of your portfolio.

              In this podcast interview, you’ll learn: 

              • Why people aren’t buying houses even though interest rates have gone down. 
              • Why gold is more of a store of value than a hedge against inflation.
              • Reasons the US dollar is likely to lose its status as a reserve currency. 
              • How (and how not) to purchase and store precious metals.
              • What role alternative assets can and should play in your portfolio.
              • How Fit Is Your Retirement Plan? 

                We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com

                26 min
              • 095: Jim Rogers Discusses the Early Warning Signs of a Looming Recession

                 

                Today, I’m excited to welcome Jim Rogers back on the podcast. Jim is the bestselling author of The Investment Biker, an economist and investor, globetrotter, and multiple Guinness World Record holder with a very unique perspective on the global economy, and how things are going.

                In this episode, you’ll hear Jim’s thoughts on where the US economy is at right now, the ramifications of the looming debt bubble, and how a slow and steady approach to investing might be the best approach right now.

                In this podcast interview, you’ll learn: 

                • Why Jim isn’t worried yet about America’s long rally coming to an end. 
                • What Jim thinks could bring the world’s high-performing markets to a halt. 
                • How central bank digital currencies could affect our economy globally. 
                • The alternative asset classes Jim does–and doesn’t–invest in. 
                • Why now’s the time to stick with what you know and make careful, boring investments, to make sure your retirement stays exciting.
                • How Fit Is Your Retirement Plan? 

                  We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com

                  29 min
                • 094: Insights on Supply-side Economics and the Laffer Curve with World-Renowned Economist, Dr. Arthur Laffer

                  Today’s guest is world-renowned economist Dr. Arthur Laffer. Arthur is a former member of Ronald Reagan’s economic council, inventor of the Laffer Curve, and author of Taxes Have Consequences.

                  Among his many accomplishments, he helped define Prop 13 in California, consulted with several Presidents, including Nixon, Cheney, Trump, and Thatcher, and has spent most of his life studying economics and economic policy.

                  In this conversation, Arthur shares what he’s learned in the 50+ years he’s been in and around the White House and why the fastest-growing states have zero income tax. You’ll also hear Arthur explain why the national debt isn’t just “deferred taxes” and his thoughts on how to improve it.

                  In this podcast interview, you’ll learn: 

                  • The differences between Keynesian and supply-side economics–and why Art believes Keynesianism doesn’t work. 
                  • Why Art believes mass redistribution of wealth leads to zero income and no incentives. 
                  • How eras of historically high tax rates have led to underperforming economies. 
                  • Why Art advocates for a low-rate, broad-based flat tax.
                  • How Fit Is Your Retirement Plan? 

                    We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com

                    39 min
                  • 093: Social Security Horror Stories and How to Maximize Your Benefits with Larry Kotlikoff

                    It’s no secret that Social Security is a significant issue in this country. But what’s worse is that many people are unaware of how to maximize the Social Security benefits they paid into throughout a lifetime of hard work. 

                    Today, we’re talking about worst-case scenarios with Larry Kotlikoff. Larry is a professor of economics at Boston University, a Fellow of the American Academy of Arts and Sciences, a Research Associate of the National Bureau of Economic Research, and a former Senior Economist on the President’s Council of Economic Advisors. His work has been featured in countless publications, and he testified to Congress on tax reform and other issues 19 times. 

                    In our conversation, we’ll focus on his new book, Social Security Horror Stories, where he outlines ways to ensure you get your benefits, avoid clawbacks, and navigate the seemingly impossible bureaucracy that is Social Security. We also discussed the dysfunction and abuses that have made dealing with Social Security so awful, how to make sure you’re not missing out on any possible benefits, and you’ll hear Larry’s ideas on what can be done to fix the system.

                    In this podcast interview, you’ll learn: 

                    • What a Social Security clawback is–and how people have ended up being told to pay back hundreds of thousands of dollars in payments.
                    • How Social Security has stolen millions in benefits from tens of thousands of Americans.
                    • Why the calculations for the fiscal gap for Social Security funding are wildly off.
                    • Why Larry believes that Social Security as we know it should be retired and rethought entirely to end generational and bureaucratic abuse.
                    • How Fit Is Your Retirement Plan? 

                      We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com

                      1 hr 5 min
                    • 092: Exploring the Housing Crisis and the Barriers to Affordable Housing with Ben Carson

                      America’s ongoing housing problems have impacted the lives of so many people–including today’s guest, Dr. Ben Carson.

                      Before becoming a renowned pediatric surgeon or the 17th United States Secretary of Housing and Urban Development from 2017 to 2021, he faced many challenges as he and his aunt and uncle moved between Detroit and Boston.

                      In this interview, we discuss Dr. Carson’s run for president and shift from medicine to public policy, what’s made housing so unaffordable for so many Americans (and what can be done about it), and what he’s doing in his second “failed retirement.”

                      In this podcast interview, you’ll learn: 

                      • How Dr. Carson’s experiences with homelessness shaped his experiences with housing in America.
                      • Why Dr. Carson is a believer in transitioning people from dependency to self-sufficiency–and why he believes it’s so hard to change our established systems.
                      • The domino effects of unaffordable homes, increasing homelessness, and neverending price increases.
                      • The social programs Dr. Carson is working on now to address the other issues he sees affecting Americans today.
                      • How Fit Is Your Retirement Plan? 

                        We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com

                        22 min

                      About The Retirement Trainer

                      From the publisher's feed

                      The Retirement Trainer with Ed Siddell: A podcast about helping you find ways to become financially fit for your future, no matter what kind of shape you’re in now.