The Retirement Trainer

It seemed easier for our parents and grandparents. Now, the effort required to prepare for a happy retirement has practically become a second job. How can "uncomplicate" how complicated retirement has become?

It seemed easier for our parents and grandparents. Now, the effort required to prepare for a happy retirement has practically become a second job. How can "uncomplicate" how complicated retirement has become?

Rather than ways to save and keep more of your money, we’re talking about the importance and benefits of giving it away.

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

One of the biggest issues on every American’s mind is the impact of a global trade war and how trade policies and tariffs will impact their financial future—and rightfully so. Shifting economic alliances can have far-reaching effects on markets, inflation, and long-term investment strategies and we couldn’t be more thrilled to welcome today’s guest back on the podcast.

Dr. Arthur Laffer is a world-renowned economist, creator of the Laffer Curve and former economic advisor to President Reagan. He’s been a leading voice on the economy and trade policies and has helped reshape fiscal policy worldwide.

In our conversation, Dr. Laffer shares his perspective by presenting facts and historical data on how trade agreements and tariffs have been successfully (and unsuccessfully) throughout American history, why China is actually not American’s enemy in manufacturing shortfalls and how reducing taxes, both on individuals and at municipal and state levels would lead to a boom in the U.S. economy.

In this podcast interview, you’ll learn:

• Dr. Laffer's views on the President’s first 100 days in office
• How trade deficits and capital surpluses have impacted the U.S. economy over the last 200 years.
• Why international trade is so incredibly important and how tariffs have been used throughout history.
• The terrible impact of trade wars and tariffs for the U.S. and its trade partners.
• Why Dr. Laffer believes that China is not the problem in manufacturing growth
• The math behind why transferring money from tax payers to unemployment and welfare has consequences.
• Dr. Laffer's outlook on the U.S. economy and what it means for your investment decisions.

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