Monthly Archives: February 2022

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S4: Episode 4 – A Mountain Climber’s Financial Advice With David Rosell – Part 1

Stephen Stricklin is joined by guest David Rosell, financial planner, president and founder of Rosell Wealth Management, author of Failure Is Not an Option, and world-wide traveler, as they discuss the reality of planning for retirement. 

In his book, David combines his two passions, travel stories, and financial survival tips. He ties in his mountain climbing and travel adventures, with impactful advice about retirement. David says FEAR, False Evidence Appearing Real, is our worst enemy. Fear discourages people from making a solid plan. In climbing, the end goal may be for someone to reach the summit, when in reality the end goal needs to be how to get back down the mountain after reaching the summit. 

People tend to make their decisions based on emotions. David suggests shutting off the TV. From the panic in the reports on the News, to watching the stock market’s fluctuations, it can cause anxiety, and lead to making poor financial decisions. 

The goal is to ultimately enjoy your life, have a plan and make sure your money is invested properly. 

David Discusses:

  • David Rosell’s new book, Failure Is Not an Option
  • His least favorite word: FEAR, which stands for False Evidence Appearing Real
  • Tips on how to not make financial decisions based on an emotional response
  • Preparing for retirement with a solid plan in place
  • Stories about his 1956 Morris Minor, “Peaches,” as a picture of how we should treat our investment accounts


Connect With David Rosell: 

Connect With Stephen Stricklin:
Simplify Your Retirement
LinkedIn: Stephen Stricklin
LinkedIn: Wise Wealth LLC

About Our Guest:
David Rosell is the author of Failure Is Not an Option, Creating Certainty in the Uncertainty of Retirement. He is the president and founder of Rosell Wealth Management in Bend, Oregon. He is an extreme traveler, having been to more than 75 countries on 6 different continents, including hitchhiking in Nairobi to Cape Town Africa, climbing the Nepalese Himalayas, and even tearing down the Berlin Wall.

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S4: Episode 3 – Inflation’s Impact on Retirement Planning

Should inflation cause panic? Are spikes in inflation a new phenomenon? How will it impact my retirement?

Join our hosts Stephen Stricklin and Paul Brock for Season 4, Episode 3 as they answer these questions and more! They talk about the importance of considering inflation when relating to retirement, in this timeless episode designed to share with friends and family. Inflation, as defined by Investopedia, is the decline of purchasing power of a given currency over time. Retiree’s feel the impact of inflation more than most. With an average inflation rate of 3% per year, they need to be prepared for a change in the power of their dollar years down the line. 

Discussed in seasons 1 and 2, there are three phases of investing when it comes to retirement; accumulation phase, preservation phase, and distribution phase, and no matter what phase you are in, there are different goals set in regards to inflation. For a practical way to meet the goals of each phase, incorporate the three bucket approach, separating your money into a “liquid bucket,” an “income bucket” and a “growth bucket.” 

Stephen and Paul discuss:

  • What inflation is
  • Misconceptions about inflation
  • Being proactive when it comes to inflation impacting your retirement. 
  • Three phases of investing; accumulation, preservation and distribution, what they are and what each specifically needs to focus on regarding inflation. 
  • The three bucket approach; liquid bucket, income bucket, and growth bucket, and the purpose for each. 

Season 1
Season 2
Season 1 Episode 4
Season 1 Episode 8
Season 1 Episode 9
Season 1 Episode 10

Connect With Stephen Stricklin:
Simplify Your Retirement
LinkedIn: Stephen Stricklin
LinkedIn: Wise Wealth LLC