Episode 163: It's All About the Income with Michael Lynch

This week on the Leadership Podcast, Michael Lynch joins Bradley to discuss financial plannings, savings, retirement, and more.

A few of his key points included…

• Creating behavioral change instead of focusing on math for saving and planning for retirement
• A savings strategy: If you save 10% you’ll never be poor, if you save 20% you’ll always be wealthy
• The importance of understanding differences between income, being affluent, and wealth.
• When you get a raise, it drives a wedge between spending or setting aside extra income.

Michael Lynch is a Certified Financial Planner with nearly twenty years of experience working with American families to craft plans that fund their dreams, educate their children, and finance their retirement. 

A former onsite financial planner at ESPN, Michael has contributed to The Wall Street Journal, TheStreet’s Retirement Daily, and Investor’s Business Daily, as well as hosting Smart Money Radio for a decade. He is a regular speaker and financial planning instructor for conferences and corporations alike, including Madison Square Garden, among many others. 

In his book, It’s All About the Income, Michael lays out a simple, straightforward system for determining when you really have enough money to call it quits. Learn how to turn those savings into a steady stream of reliable, inflation-adjusted income you can count on for life, and get ready to enjoy a long, healthy retirement on your own terms.

Michael is a five-time recipient of Financial Planner of the Year for MetLife and a 2019 inductee to the Barnum Financial Group Hall of Fame. You can enjoy his latest articles and videos at www.simpleandbig.com. 

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