Magnify Wealth Podcast with Scott Gannon
Please take a moment to see if this resonates with you. For 20+ years, I put mine and my client's money into mutual funds. The risk and uncertainty were a constant stress. In 2002, then again in 2008, markets lost about half their value. Were you or someone you know stressed out and frustrated? I was! More than a decade ago, I committed to find a more certain, predictable, and safe way to build wealth before another drop happened again. I found it in the risk management part of my business. This is where our proprietary process, The Asset Multiplier Method, was created. Now we concentrate on protecting capital and teaching business owners how to control the liquidity and flow of their money. We structure your capital to be in position to multiply its uses...never leaving your dollars to only a single purpose. Structured properly, you get liquidity, use, control, and certainty.
Magnify Wealth Podcast with Scott Gannon
Risks of Retirement and How to Avoid Them: Part 1
This week, Scott and Cameron dive into the risks people face during retirement. They explore seven key risks, including market volatility, rising interest rates, taxation, healthcare concerns, inflation, changes to government programs, and ultimately, mortality.
Scott breaks down how each of these risks can impact your retirement income, particularly when you're spending down your savings. Tune in as Scott offers practical insights into why these risks matter, and be sure to join us next time for part two, where we’ll discuss how to mitigate these risks and enhance your retirement.