Don't Retire...Graduate!

Welcome back to Don’t Retire… Graduate! In today’s episode, I’m thrilled to explore the art and science of financial literacy with our guest, Scott Yamamura. Scott is an expert in communication and design with over 25 years of experience, boasting a Fortune 15 background and numerous industry accolades. He’s also a certified financial coach and the author of Financial Epiphany, a book designed to distill financial concepts into simple, actionable steps for everyday people. Scott joins us from outside Seattle, bringing his unique perspective on how effective messaging and creative thinking can help cut through the complexity of personal finance.In this episode, Scott and I dive deep into the challenges many people face with financial literacy, including intimidation, overwhelm, and the myth that financial expertise requires advanced knowledge or age. We revisit Scott’s personal journey from financial confusion to mastery—thanks to a multi-faceted approach involving books, workshops, and plenty of notes in the margins. This obsession led him to write Financial Epiphany, capturing the foundational wisdom that made a difference for his own family and now serves others. We discuss Scott’s “three rules of thumb”—his financial epiphanies—using frameworks like the Rubik’s Cube and “chunking” to make investing approachable. We explore concepts like the rule of 72, the power of compound interest over time, and the behavioral aspects that drive real action and change.Scott shares how simple, creative frameworks can empower anyone, especially young savers, to start investing early and avoid the common regret of wishing they’d begun sooner. We talk about how financial success is more about good habits and consistent behavior than advanced math, and how loss aversion can be a powerful motivator for doing the right thing today instead of waiting for tomorrow. Scott also opens up about his experiences as a coach, the impact of seeing family financial success firsthand, and how he hopes his work inspires others to steward their resources wisely. Finally, Scott shares a moving story about his inspiration—“becoming an Ernie”—which beautifully illustrates how financial empowerment leads to generosity and a purpose-filled life.5 Key Takeaways:The Rule of 72: Scott breaks down how money doubling every ten years—based on a 7.2% average annual return—can be a simple, empowering way to visualize long-term growth and motivate early action.Harnessing the Power of 16: By shifting perspective, we realize that starting to invest early offers the unique ability to multiply money by sixteen over forty years, turning long-term discipline into an immediate “superpower.”Loss Aversion as Motivation: Scott’s third epiphany highlights how our multiplying power halves every ten years after we begin investing—creating urgency and leveraging our innate drive to avoid loss for faster action.Financial Literacy Is for Everyone: You don’t need to be a math whiz or have years of experience to succeed at personal finance; simple, practical habits and behavioral shifts make the greatest impact over time.Generosity and Purpose: Financial mastery isn’t just for personal gain; Scott’s story about “becoming an Ernie” reminds us that wise stewardship leads to opportunities to make a difference and gives deeper meaning to financial success.Join us for this inspiring conversation as we demystify the world of personal finance and empower you to take confident action today, no matter where you are on your journey. Don’t forget to subscribe, rate, and share this episode with your friends and family as you take another step toward financial independence and a purposeful future!

Welcome back to Don’t Retire… Graduate! Today’s episode is part of our exclusive “Diary of a Financial Advisor” series, where I sit down with fellow advisors to explore their professional paths, motivations, and insights for helping others succeed financially. I’m excited to introduce our guest for this conversation, Claudia Glover, CFP®, who serves as the chair of our investment committee here at BFG and brings a wealth of experience from her time in both large institutions and more personalized advisory roles. In our discussion, Claudia shares her inspiring journey from watching her immigrant parents model financial discipline to building an impressive career in finance—including time on a fixed income trading desk, supporting advisory services, and managing a growth and income SMA at Wells Fargo. We dive into the cultural shift she experienced moving from a vast institution to our close-knit BFG team, and how that transition has allowed her to connect more deeply and meaningfully with clients. We talk about Claudia’s “why”—what drives her to do this work—and the joy she finds in guiding clients through major milestones, from retirement to paying the final tuition bill. I put her on the spot about how she’s become the organization’s go-to volunteer for committees and projects, and Claudia candidly reflects on her commitment to both personal and professional growth. We also discuss the value of having an accountability partner, a program we utilize at BFG to keep each member focused and supported, as well as the transformative impact of our financial wellness initiatives for clients and employees alike. If you’re curious about what drives top advisors and how intentional planning—both personal and professional—can fuel better outcomes, this episode has something for you! 5 Key Takeaways: A Personal History Fuels Professional Passion: Claudia’s early exposure to her family’s disciplined financial management instilled in her a drive to enter the finance industry and help others achieve similar stability and success. Diverse Industry Experience Matters: From trading desks to portfolio management, Claudia’s varied background equips her to navigate complex client needs and deliver thoughtful, informed advice. Intimate Client Relationships Set BFG Apart: Transitioning from a large corporation to a boutique firm, Claudia emphasizes the ability to deeply understand clients' financial worlds and provide true financial planning. Milestone Moments Motivate Advisors: The most rewarding aspect of the work, according to Claudia, is witnessing clients achieve significant life events—whether it’s retiring or finishing paying for a child’s education. Accountability and Wellness Programs Enhance Growth: Regular check-ins with accountability partners and participation in BFG’s financial wellness programs not only help advisors stay focused but also expand the reach and impact of financial education. Join us as we continue to spotlight the journeys and wisdom of financial advisors who shape lives and build legacies. Don’t forget to subscribe, rate, and share this episode with anyone eager to graduate into a life of financial purpose and fulfillment! [embed]https://youtu.be/TDTrkfwT_nk[/embed]

Welcome back to Don’t Retire… Graduate! In this episode, we’re diving deep into the emotional and creative side of life’s biggest transitions—especially retirement. My guest, Susan Hensley, is a transformational coach, speaker, and author whose mission is to help individuals navigate major life changes with joy, creativity, and resilience. With decades of experience as a corporate executive and leadership coach—and a background in HR and journalism—Susan brings a unique perspective on how we can move through uncertainty without losing ourselves, and, in fact, discover new meaning and color in our lives. Susan and I explored not just the financial aspects of retirement, but the psychological transformation it brings. We talked about the loss of identity, the paradox of newfound time, and why many of us feel adrift or even terrified approaching this stage, despite years of planning. What sets Susan apart is her use of art journaling as a tool in her coaching practice—a process open to anyone, even self-professed non-artists like me! Susan described how creative expression helps process emotions, unlock inner wisdom, and rediscover the sense of play we all had as children. Together, we discussed letting go of the “big P” purpose that often defines our working years and embracing instead a series of “small p” purposes rooted in daily curiosity, microlearning, and the willingness to experiment and shed old identities. The episode is both reassuring and invigorating, reminding us that the journey into retirement—or any major transition—isn’t a one-time molting, but an ongoing metamorphosis filled with opportunities to reinvent ourselves, explore new interests, and find joy, even in the messy middle. Susan shared practical advice for managing the daunting blank canvas of retirement, finding joy in both purpose and in play, and learning to balance optimism and fear as we take on the next chapter. 5 Key Takeaways: Art Journaling as Transformational Coaching: You don’t have to be an artist to benefit from art journaling—it’s a tool for self-expression and emotional processing during uncertain times, accessible to anyone who can doodle, collage, or simply make marks on a page. Reimagining Purpose in Retirement: Life after work isn’t about finding a new singular “big P” purpose, but rather about embracing a series of “small p” purposes that evolve, shift, and can be explored daily through curiosity and microlearning. Managing the Identity Shift: The transition into retirement brings grief, loss of status, and uncertainty about who we are, but it also opens opportunities for shedding old identities and trying on new ones without long-term commitment. Structuring the Blank Canvas: If you’re used to being busy, it helps to gently reintroduce structure post-retirement—but leave intentional space for creativity and exploration, embracing both boredom and talent for value creation in new forms. Joy as a Guiding Principle: Purpose and joy are not mutually exclusive; in fact, real fulfillment comes when we allow them to intersect—by finding glimmers of excitement and allowing ourselves to pursue whatever sparks curiosity, even if it ends up being a brief detour. Join us as we challenge assumptions, confront fears, and celebrate the potential for play, curiosity, and new beginnings at any stage. Don’t forget to subscribe, rate, and share this episode with anyone ready to graduate into a more joyful, inventive future! For more on Susan Hensley, including her book Art for Your Sanity and free downloadable resources for art journaling, visit susan-hensley.com. Let’s inspire each other to stay both terrified and optimistic—and above all, curious—about what comes next! [embed]https://youtu.be/uHc8KZ5Rw3Y[/embed]

Welcome back to Don’t Retire… Graduate! In today’s episode, we’re diving into one of the most essential—yet often overlooked—aspects of a healthy financial life: insurance as part of your risk management strategy. I’m delighted to welcome back Jillian Howell, a talented Client Service Associate at BFG Financial Advisors who first joined us earlier this year. Jillian brings not only her expertise in communications and client support but also a budding passion for the insurance world, inspired by earning her life and health insurance license. With her fresh perspective and genuine enthusiasm, she’s helping clients feel both informed and empowered as they navigate life’s financial journey. In our discussion, Jillian and I explored the vital role that insurance—particularly life insurance—plays in building a secure and resilient financial plan. We talked about what drew her to insurance, how her understanding has evolved, and why she feels so passionately about making it accessible and understandable for everyone, especially younger people who often overlook its importance. Together, we debunked common myths, such as the notion that insurance is only for older individuals or those in poor health. Jillian walked through the must-have elements of a risk management plan, the critical calculations behind determining insurance needs, and the reasons to start early—even when you’re young and healthy. We also touched on the importance of regularly taking inventory of your current coverage and the idea that life insurance should be actively managed, not just tucked away and forgotten. And, on a lighter note, we even chatted about insuring cherished family pets! 5 Key Takeaways: Insurance as a Foundation of Risk Management: Insurance isn’t just a checkbox—it’s a foundational part of any risk management plan, alongside legal documents, tax considerations, and asset titling. It’s about protecting both assets and loved ones. Life Insurance Myths Debunked: One of the biggest misconceptions is that young, healthy people don’t need life insurance. In reality, securing coverage early locks in better rates and preserves insurability before any health issues arise. Determining the Right Amount of Coverage: There is no one-size-fits-all answer, but striving for 10 to 15 times your annual income—while factoring in debts, dependents, and future needs—can provide important protection for your family. Take Inventory and Reassess Regularly: Don’t just rely on employer-provided policies or outdated coverage. Sit down, review what you have, and look for gaps or weaknesses in your protection. Life insurance is an asset to be managed, not forgotten. Insurance and Legacy Planning: From debt and income replacement to estate planning and even tax strategies, insurance can be leveraged for more than just “what if I don’t wake up tomorrow?”—it’s a powerful tool for overall financial resilience. Join us as we uncover how a passion for insurance and risk management can enrich your financial wellbeing, empower you with knowledge, and set your loved ones up for greater peace of mind. Don’t forget to subscribe, rate, and share this episode with anyone ready to reimagine what insurance can do for their financial future! [embed]https://youtu.be/KwlcRNNhPcA[/embed]

Welcome back to Don’t Retire… Graduate! In today’s episode, we’re exploring the power of authentic connection, reinvention, and the art of building relationships—especially valuable skills for those finding their “next act” in life and in retirement. Joining me today is Steve Spiro, also known as the Master Connector. Steve is a fourth-degree black belt in karate, a first-degree black belt in jiu jitsu, an advertising entrepreneur turned sales pro, published author, and inspirational speaker. He specializes in helping introverts break barriers and connect authentically in an increasingly digital world. In this conversation, Steve and I dove into his fascinating journey from being a bullied, learning-disabled introvert to becoming a master connector with over 30,000 LinkedIn connections and a respected voice in the networking world. We discussed how his martial arts background taught him discipline and perseverance, which later fueled his career pivots—from advertising to hardcore sales, and eventually, to motivational speaking and digital broadcasting. Steve shared actionable strategies for building genuine connections both in-person and online, emphasizing authenticity, vulnerability, and focusing on serving others. We tackled the challenges faced by those reinventing themselves in retirement or new ventures, including how to step out of comfort zones, overcome small talk anxiety, and leverage digital platforms like LinkedIn for community and opportunity. Steve also unpacked the key differences between networking in person and online, giving tips for making memorable impressions and following up meaningfully. For anyone considering a new business or personal reinvention—whether moving to a new community, starting a new career, or simply wanting to expand your circle—Steve provided insight into finding your “why” and identifying the right people and passions to guide your next chapter. 5 Key Takeaways: Authenticity & Vulnerability Matter: Steve credits his success to embracing vulnerability about his background and challenges, which allows for real, human connections—especially in the digital era where authenticity stands out. Serve First, Ask Second: The best way to build a meaningful network is to focus on helping others without expecting anything in return. Offering value, introductions, or support with no hidden agenda leads to stronger, more genuine relationships. Break Out of Your Comfort Zone: Growth happens outside the comfort zone. Steve encourages stepping into new social situations, even when it feels awkward, because the rewards in terms of connection and confidence are tremendous. Networking is a Follow-Up Game: The magic of networking happens after the initial introduction. Collect contact information and make a strong, positive impression, but focus on following up to build the relationship. Find Your Why and Your Who: Rather than obsessing over “how” to do something new, get clear on your “why” (purpose) and look for the right people (“who”) who can help you on your journey—mentors, connectors, or new friends. Whether you’re an introvert or extrovert, entrepreneur or retiree, Steve Spiro’s insights offer practical encouragement for adding new chapters to your life story. Join us as we inspire each other to graduate into retirement—and life—with purpose, connection, and passion. Be sure to subscribe, rate, and share this episode with anyone ready to reshape their future through the power of connection! [embed]https://youtu.be/byr4erryl5I[/embed]

Welcome back to Don’t Retire… Graduate! I’m your host, Eric Brotman, and on today’s Diary of a Financial Advisor segment, we’re shining a light on the journey of college students and recent graduates as they navigate the complex world of higher education, student loans, scholarships, and financial planning. Joining me is Tony Breen, an accomplished senior finance major at Stevenson University, intern at BFG Financial Advisors, and the only person in six years who’s had the courage to interview me on my own show! Tony is not only pursuing a master’s in forensic accounting but also serves as President of the Financial Management Association and VP of Enactus at Stevenson, making him one of the busiest students I know. During our conversation, Tony and I dive deep into the financial realities of higher education. We talk candidly about how he transitioned from a biology major to finance, the influence of his family’s financial planning (including the benefits of a 529 college savings plan), and the critical role scholarships and institutional support played in his college decision process. We also look at how today’s college students prepare to launch their careers, manage debt, and make smart choices that set them up for long-term success. We exchanged advice and stories about picking the right school, finding affordable pathways to a degree, and capitalizing on internships and campus involvement. Tony’s perspective is refreshingly grounded—he speaks from recent, real experience and offers actionable advice for students, parents, and anyone supporting the next generation through the maze of higher education and early professional life. 5 Key Takeaways: Strategic School Choice is Crucial: Tony emphasizes that picking the right school—one that not only fits academically and socially but also financially—can make all the difference. Shopping for the best net price, leveraging scholarships, and considering both public and private options is essential. 529 College Savings Plans Provide a Head Start: Starting a 529 plan early, as Tony’s grandfather did, helped offset the costs of college and allowed Tony to graduate with little to no student debt—an advantage that influenced his final school decision. Scholarships and Grants Are Out There—But You Must Apply: Many scholarships go unused because students aren’t aware of them or don’t take the initiative to apply. Proactively seeking out scholarships and working with advisors can meaningfully reduce college costs. Debt-Free Graduation Sets You Up for Success: Graduating without significant student loans provides young professionals with greater flexibility, less stress, and a stronger foundation for achieving financial independence and future life goals. Campus Involvement Opens Doors: Tony’s advice to get involved on campus (clubs, leadership, internships, and networking with professors) has led to scholarships, career opportunities, and a more fulfilling college experience. Waiting for opportunities isn’t enough—students should be proactive. This episode is a powerful reminder that with the right planning, support, and initiative, students can chart a bright financial future—without sacrificing their passions or burying themselves in debt. Whether you’re a student, parent, or grandparent, I hope Tony’s journey inspires you to explore all your options and plan ahead for educational and financial success. Thanks for tuning in! Be sure to subscribe so you never miss an episode of Don’t Retire… Graduate!, and join us next time as we continue to inspire your journey to financial freedom and purpose-driven living. [embed]https://youtu.be/bfNWDCmLEBA?si=2eJCxjwUOtfSr8mc[/embed]

Welcome back to Don’t Retire… Graduate! In today’s episode, we’re going right into the heart of an anxiety-inducing topic for many: tax debt and IRS troubles. Whether it’s unexpected balance dues, inheritance issues, or business downturns, finding yourself in the IRS’s crosshairs is more common—and less shameful—than you might think.To help us navigate this complex and often overwhelming world, I’m joined by Morgan Anderson, CEO and founder of Golden Lion Tax Solutions and the author of Tax Debt Rule Number One: There Is Always a Solution. With over 25 years of experience representing thousands of clients before the IRS and state agencies, Morgan is an expert in charting a path to financial resolution, no matter how dire the tax situation might appear.During our conversation, Morgan and I dug into the most common causes of tax debt, the innocent mistakes that land “financially astute” individuals in trouble, and the initial steps everyone should take when a dreaded IRS notice arrives in their mailbox. Morgan debunked the myth that tax debt only happens to the financially irresponsible, highlighted the emotional toll these situations can have, and explained how professionals like herself become both advocates and accountability partners for their clients.We examined practical strategies and resolution pathways, from installment agreements to offers in compromise, and even discussed how to distinguish reputable tax resolution firms from the predatory mills so often advertised late at night. Morgan shared real-life stories—some of triumph, others of lost opportunity—offering a real-world perspective on the importance of proactive action, honest communication, and reliable expert guidance when you’re facing a tax crisis.We wrapped up by talking about the role of CPAs, financial advisors, and the value of staying engaged with your financial professionals throughout the year—not just at tax time. And, of course, I asked Morgan the quintessential Don’t Retire… Graduate! question: What do you want to be when you grow up?Key Takeaways:You’re Not Alone—And Action Beats Avoidance: Over 11 million Americans owed money to the IRS in a single tax cycle. Ignoring notices leads to steeper penalties and aggressive collection actions; opening those letters and responding promptly sets the foundation for solution.Tax Debt Is Often Innocent: It can stem from inheritances, business downturns, or errors as simple as a mistyped Social Security number. Many who owe taxes are otherwise responsible and financially savvy individuals.Professional Help Matters—Choose Wisely: For debts over $25,000, a true tax expert (CPA, EA, or specialized advocate) is essential, as IRS negotiations get far more complex. Be wary of “resolution mills”—look for personalized, transparent, and responsive service.Resolution Options Are Varied: From installment plans to offers in compromise (settling for less), penalty abatement, and even leveraging lien subordination, there’s almost always a way forward—especially when guided by your current financial condition.Engage with Advisors Year-Round: Most tax trouble happens when people only check in with CPAs annually. Quarterly reviews and proactive planning around major life events can prevent tax headaches before they start.Join us to learn how to shed fear and shame around tax problems, discover actionable solutions, and embrace proactive strategies to secure financial peace of mind. Don’t forget to subscribe, rate, and share this episode with anyone who could use a reminder that, when it comes to taxes, you’re never truly alone—and there’s always a solution.[embed]https://youtu.be/Vzf-kZ6cXSg[/embed]

Welcome back to Don’t Retire… Graduate! On today’s episode, we’re excited to bring you another entry in our “Diary of a Financial Advisor” segment, where we spotlight the unique voices, journeys, and motivations of financial professionals passionate about their clients’ success. I had the pleasure of sitting down with Jillian Howell, a rising star at BFG Financial Advisors and one of the dedicated Client Service Associates who keeps everything running smoothly for nearly 800 families nationwide. Jillian joined BFG in March 2025, bringing with her a Bachelor of Arts in Communication Studies (with a minor in general business) from the University of Maryland, College Park. Her background sets her apart, blending strong communication skills with a desire to help others achieve financial well-being. Throughout our conversation, Jillian shared her journey from a family full of pharmacists (and her conscious decision to blaze her own path), her early experience engaging clients in the T. Rowe Price call center, and the drive to bring accuracy, care, and continual learning to her current advisory role. We dove into what it’s like to enter the nuanced world of insurance, the importance of always being a “sponge” for new knowledge, and the unique challenges of juggling countless client needs under pressure. Jillian also opened up about her “why”—drawing inspiration from a late high school mentor who guided her into the business world—and how she channels that legacy in her work every day. Outside the office, we got a glimpse of her adventurous spirit, love for skiing, and her golden retriever, Beau. If you’re curious about the people working behind the scenes to deliver exceptional service and guidance, you won’t want to miss Jillian’s perspective on finding purpose in financial planning, building client relationships, and balancing detail-oriented work with meaning. 5 Key Takeaways: Charting Your Own Path: Jillian illustrates the courage and clarity needed to pursue a career that aligns with your natural strengths and interests, even when it departs from family tradition. The Power of Being a Sponge: Whether starting out or pivoting to new areas—in Jillian’s case, insurance and annuities—success comes from humility, curiosity, and a commitment to learning from seasoned professionals. Client Service at Its Core: Jillian’s journey underscores how detail-oriented, empathetic support can make a real difference in clients’ lives—whether helping with urgent distributions or navigating the intricacies of insurance. Finding Your ‘Why’: A personal “why”—rooted in relationships, legacy, and the desire to make others proud—fuels growth and resilience, especially in a demanding service environment. Building Relationships Beyond the Screen: Even in today’s world of digital forms and remote service, Jillian demonstrates that taking time to get to know clients personally, whenever possible, adds an invaluable human touch to financial advice. Join us for an inspiring look behind the curtain, and meet the people who help families graduate into retirement with confidence and care. Don’t forget to subscribe, rate, and share this episode with anyone who values the dedicated professionals guiding their financial futures! [embed]https://youtu.be/rR9ycYG4vUg[/embed]

Skyler Fleming, a financial coach and host of the "Money Talk with Skyler Fleming" podcast, dives into the importance of candid money conversations. He emphasizes how honest discussions about finances can lead to better habits and increased confidence. Skyler shares his seven money talking points, which cover essentials like emergency funds and cash flow. They also debate key issues, such as the benefits of paying off debt early versus leveraging it, and the role of technology in simplifying financial management. A must-listen for anyone looking to take control of their finances!

Welcome back to Don’t Retire… Graduate! I’m your host, Eric Brotman, and today’s episode offers a unique peek behind the curtain at the real-life journeys of financial professionals with our “Diary of a Financial Advisor” series. Our focus is on career growth, diversity in the financial planning field, and the powerful impact of financial literacy. Joining me is Manny Essien, CFP®, a dynamic member of the BFG Financial Advisors family, whose inspiring path from college intern to financial advisor reflects not only dedication but also a commitment to helping others reach their financial goals. Manny’s journey began at Stevenson University, where his passion for finance and helping others led to a serendipitous meeting with our firm—and ultimately, to a purposeful career in financial planning. During our conversation, Manny and I dive into his professional evolution, starting from his days as a student-athlete and culminating in his recent transition to client-facing advisor. Manny candidly shares the challenges and opportunities that shaped his career, including the lack of representation and exposure to financial careers for many of his peers, particularly among student-athletes and communities underrepresented in the field. We explore why so few students from diverse backgrounds pursue finance, the value of mentorship and exposure to new opportunities, and the distinctive apprenticeship-style approach we use at BFG to prepare the next generation of advisors. Manny also reveals the importance of community, role models, and setting the highest standards for excellence without perfectionism. In addition, he shares his vision for the next chapter—serving as an advocate, steward, and trusted helper for clients and communities alike. 5 Key Takeaways: Representation Matters in Finance: Manny highlights the visible lack of diversity in financial planning, and how seeing few role models in the industry can limit a young person’s belief in the possibilities for their own career. The Power of Exposure and Mentorship: Manny’s journey was shaped by mentors and chance encounters—emphasizing that if you don’t know a career exists, you can’t prepare or aspire to it. Intentional outreach and speaking at schools can create these vital opportunities. Apprenticeship Over “Sink or Swim”: Rather than the traditional approach of pushing new advisors to sell right out of the gate, BFG’s apprenticeship model focuses on gradual learning, client exposure, and holistic development—leading to better advisors and better client outcomes. Excellence Over Perfection: Manny distinguishes himself by expecting perfect effort, not perfect performance, from himself and those around him. He believes in holding high standards while understanding that learning and growth are ongoing processes. Paying It Forward: Manny is committed to giving back—returning to his alma mater, educating others about financial literacy, and striving to be a first-call advocate and steward for his clients and community. He believes true luck and success come at the intersection of preparation and opportunity. Join us for this honest, heartfelt conversation about building a career with purpose, the critical importance of representation in finance, and the transformative effect of financial literacy. Don’t forget to subscribe, share, and stay inspired as you continue your own journey toward financial freedom and lifelong learning! [embed]https://youtu.be/JYtyogFJxjE[/embed]