Fund Your Retirement Podcast

Hywel is the founder of APD resolutions, a business consultancy firm supporting business owners with operational and business decisions. Hywel started his career working in the oil and gas business, working in Saudi Arabia in 1980, working on large multi-million-pound projects. Hywel spent many years, organising large teams, attending high-level board meetings, and ensuring these multi-million-pound projects were delivered on time and within budget. Hywel left Saudi and the oil and gas business in 2016, taking his immense knowledge, specialising in business strategy, business planning, and business analysis for small to medium-sized companies and start-ups. 0:00 to 2:00 Introduction. 2:01 to 3:20 Why Hywel left the Oil and gas industry in Saudi Arabia. 3:21 to 4:45 Hywel's journey and experience in the oil and gas business. 4:46 to 9:00 The importance of knowing your numbers in business and understanding the financials. 9:01 to 13:05 Struggling businesses and the impact of Covid-19 on the business environment. 13:06 to 14:20 Creating a business plan with targets for the remainder of 2020. 14:21 to 17:00 Creating opportunities via online networking. 17:01 to 20:40 Transition to being more online. 20:41 to 22:50 What a foundational analysis for a business is. 22:51 to 24:25 How the foundational analysis works for a new business. 24:26 to 26:08 The main area of concern Hywel finds in his client's businesses and how he solves that problem for his own clients. 26:09 to 28:02 The single question Hywel would like people to ask him more often. 28:03 to 30:14 Wrap up. Hope you enjoy this episode and have a wonderful day, The FYR team. Resources: Knowledge Area   Trading For Retirement Community and Training Guide To Funding Your Retirement 

How you avoid old-age poverty, increase your wealth and leave something for your children will likely require multiple income streams and assets working together First, Begin by identifying your main goals. Wealth building  Avoiding old-age poverty  Leave a legacy for your children  Live the dream, holidays, cars, boats; you know the story  Now Identify your potential income streams and approximately how much they will give when you want it, not when you're allowed to have it, but when you decide.  Pensions, with these you don't have much of choice, its 55 and that's out of your control State pension, again, not much of a choice  Business income, this you do have a choice in and is scalable  Rental income from properties, this you can control and is scalable  Salary, this you can control and is scalable, providing you keep upskilling what you have to offer for your time Our mission is to help you not only achieve your desired standard of living but to make sure you exceed it. Do not underestimate the power of compound interest, and compound interest is earning money on top of money. Watching your net worth increase over the years is a comforting and rewarding experience; it gives a feeling of security and also the freedom that comes when the time is ready, you will be able to do what you want, with who you want, when you want. Resources: Knowledge Area   Trading For Retirement Community and Training Guide To Funding Your Retirement   

During your journey to funding your retirement, you will experience many setbacks, some setbacks because of the decisions you made personally, when this happens, own it, learn from it, dust yourself off and carry on. Sometimes, situations will arise you have no control over, like the one we are collectively facing now.  Covid-19 has pretty much-impacted everyone in one way or another. When the lockdown is over, the after-effects will be different for each of us, the experiences we each have during this period will shape the perception of the reality around us today and our future self's.   How you perceive this global event and the unintended consequences of it will be significant in how you come out of this, six months, 12 months, two years,  five years from now. Developing the right mental framework serves two purposes; it gives you discipline and certainty in an uncertain environment. No one has ever achieved anything without a clear plan, for every crisis, there is an opportunity, the pessimist sees disaster the optimist sees hope, and solutions even during the toughest of times. If you want to succeed in anything in life, a clear plan with clear goals to motivate you is required. With a clear strategy and a clear vision for yourself, it can give you certainty in uncertain times.    Resources: Knowledge Area   Trading For Retirement Community and Training Guide To Funding Your Retirement 

Fund Your Retirement Five Principles This is the fifth and final principle for funding your retirement, Income Producing Assets   Income-producing assets are the ability to generate a regular income for yourself after expenses, such as rental properties, stocks, bonds, land, and businesses.  Funding your retirement is not just about quitting work, although it probably is for many of you, to me, it is about choice, you can choose to continue working or choose a different path if you wish.  Income-producing assets are an opportunity for you to generate a steady income over time. They are investments in properties and businesses that generate consistent reoccurring revenue and are at the opposite end of the scale to speculative assets  Depending on what stage you are at in life, you can reinvest the income generated from your investments into more revenue-producing assets.   This allows you to harness the power of compounding returns, further accelerating your path to Retirement Prosperity.  Scott Cook founder of Intuit said,  “Today, people have to be self-reliant if they want to secure a retirement income.” 

Fund Your Retirement Five Principles Entrepreneurship, the ability to turn problems into solutions, productise them or offer as a service and scale up helping others in the process.  An ability to continuously learn is not just a key entrepreneurial skill but is also a very valuable life skill. 60% of people who start small businesses are between the ages of 40 and 60. The average entrepreneur who’s started a business and went on to hire at least one employee is 42 years old. Humans have always been creative, and had adapt to their surroundings, and today is no different, the world is changing and is requiring adaptation. How society works and earns is changing in a similar fashion to when the agrarian and rural societies moved from the land to the industrial centers. Entrepreneurship is far more than starting a business, it's the ability to learn and adapt which is one of the most important skills to have in life.

Fund Your Retirement Five Principles Investing and Trading is principle number three of the five principles for Funding Your Retirement. Investing and Trading can simply be defined as the ability to generate income and build long term wealth for you and your family from global currencies, stocks, commodities, and shares. Understanding how to earn income and growth from the financial markets will be a crucial building block of your Retirement Prosperity. The financial markets are the deepest pool of financial resources on the planet.  There is no shortage of money, just merely an understanding of how to access it. Trading and Investing are two approaches to profiting from the financial markets. Both groups have the same goal but choose different timeframes and strategies in achieving the overall aim. Both offer great value when using the financial markets to fund your retirement.  By using the five fundamental principles outlined in this mini-series, you can accelerate your financial self-sufficiency and fund your retirement.

Strategy and Action is principle number two of the five principles for Funding Your Retirement. Strategy and action is a vital principle in the five because it is the ability to strategize and plan your way to financial self-sufficiency. It is about turning the information into action and turning your goals and ambitions into reality. Nowadays, in highly disruptive times, individuals need to boost their knowledge, skills, behaviours, and attitudes. Strong forces such as globalization, digitalization, and rapid demographic changes demand a strong ability to cope with change. Learning new skills or improving existing skillsets ensures that you are up to speed with the shift in trends. By using the five fundamental principles outlined in this mini-series, you can accelerate your financial self-sufficiency and fund your retirement.

Clarity and control is principle one of the five principles for Funding Your Retirement. Clarity and Control is the ability to get clear on where you are now, and where you need to be. Develop the confidence to achieve your targets and become an effective self-reliant individual. Clarity & Control is a vital principle in the five because if you don’t know where you are and don’t feel like you're in control of where you are going, then you cannot work towards achieving your financial goals. By using the five key principles outlined in this mini-series, you can accelerate your financial self-sufficiency and fund your retirement.

The first episode of The Fund Your Retirement Podcast is here! This first episode is more of an introduction to us and the Fund Your Retirement’s philosophy. As you can probably guess from the title of the show, it is all about you funding your retirement.   We have a mission at Fund Your Retirement and our mission is to help solve the financial crisis facing the millions of people, who recognize that the traditional retirement model has changed and changed drastically.   It’s a large and complex problem, with many feeling overwhelmed with such questions, where do I start, how do I even begin, and as a result, don’t take the necessary steps in funding their retirement. In this episode, I want to give you a brief introduction to the problem before discussing the five key principles for funding your retirement. In upcoming episodes, I want to introduce you to tactical solutions and what we have in store for the next coming weeks and months.   We hope you like what we are doing here at Fund Your Retirement, and we wish you a prosperous and healthy future.