The Science of Wealth

Dr. Dan and Daniel discuss the various types of investment accounts available to children, workers, and what happens as you get into retirement.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Anahi discuss cultural differences in financial planning, why some people don't take financial advice, and when to fire your advisor.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Daniel discuss takeaways from FPA Shift, a gathering of top financial planning thought leaders and acacdemics, and how the research and subjects covered during the conference apply to clients today.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Anahi discuss buying vs. renting and how to plan for a long-term home or a short-term investment in real estate.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Daniel discuss some of the key takeaways from "Secrets of the Rich: What the Wealthy Don't Want You To Know About Money", Dr. Dan's latest book release.To order "Secrets of the Rich": https://a.co/d/0b1690sOTo learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Anahi discuss what it means to retire comfortably, whether gifts made during life or after death are more impactful, and what happens if you die without an estate plan.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Daniel discuss the most persistent myth in the investment world: This time it's different.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Anahi discuss the different types of financial services firms, how to identify what would be a good fit, and provide a 2x2 framework of short-term/long-term and single-issue/multi-issue to select the right type of financial help.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Daniel discuss jobs where you're less than satisfied, whether you should pursue a practical career or your passion, and how to evaluate benefits that are non-monetary.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Anahi discuss AI's influence on financial planning, how wealth changes generation to generation, and some cursory thoughts on living and working abroad.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Daniel discuss conversations you should have before getting married, how to budget (or otherwise avoid budgeting), and what to do about money when you don't have a defined goal.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Anahi discuss how people think about money, how abundance and scarcity impact people's relationship with money, and how failing to keep an eye on your assumptions about your taxes can result in unpleasant surprises.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Daniel discuss whether it's important to be debt-free in retirement, when to claim Social Security, and tax season considerations.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Anahi discuss the basics of stocks, ETFs, diversification, and the "stock holding" puzzle. They then discuss mortgages and when it's a good time to refinance (or not), and wrap up on saving for kids college.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Daniel discuss the costs and factors of picking a financial planner, whether you should find a specialist or work with a generalist, and when you might need to graduate from your financial planner.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan welcomes MY Wealth Planners' new Wealth Planning Analyst, Anahi Sarmiento Garcia, to the podcast.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Daniel discuss annuities, dividend investing, and asset location in investing.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Daniel discuss what happens when a couple has a material difference in their age or their risk tolerance and how to account for such differences in a financial plan.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Daniel discuss another year wrapping up in financial planning. What stood out in 2025, what to tie up before the end of the year, and some anticipation for 2026.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Daniel discuss the recent round of hiring at MY Wealth Planners, and go into detail about what worked well for candidates and what didn't.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Daniel discuss the cost of kids, spending more, and how to car shop.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Daniel discuss alternative investments, planning to retire early, and planning for the realities of long term care.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Daniel take the Thanksgiving Holiday week to have a "50 Fires" style discussion. 50 Fires is a terrific podcast by Carl Richards, a writer for the New York Times and best-selling author, where he interviews creatives and bright minds on their thoughts and experiences with money. Dr. Dan and Daniel take the opportunity to ask some of the same questions of each other.50 Fires: https://www.50fires.com/To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Daniel discuss the proposal to introduce 50 Year Mortgages into the housing market, the process of asking for a raise, and things to consider when looking for other opportunities.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Daniel discuss issues with common financial products, open enrollment, and the timing of Roth conversions.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Daniel discuss how financial plans fail, common planning rules of thumb, and why perfection is the enemy of good financial planning.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Daniel discuss layoffs, human capital and signaling theory, work:life balance, and trading a salary for entrepreneurship.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Daniel discuss current events and the impact on the marketplace: the October 2025 government shutdown, whether there's a bubble around AI-based companies, and then go on to discuss how investment management works at MY Wealth Planners.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan and Emily discuss some nuances of planning for international travel, how to plan for children with disabilities, and some tips for downsizing your life.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Daniel asks Dr. Dan the WSJ's Jason Zweig's "19 Questions to Ask a Financial Advisor," and they discuss how their answers align and differ from Zweig's answer key.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Daniel discuss the importance of estate planning, why it doesn't matter if you have a simple or complicated situation, and the importance of being deliberate about to whom and what you leave in your estate.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Emily review a financial plan by a team of "professional" financial planners.See Dr. Dan & Emily review the plan on video: https://youtu.be/7ALOJsGQ4qUTo learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Daniel discuss building your financial team, the issues in trying to work with more than one planner (or other professional in the same role), and how to vet potential professionals to help you with your financial, legal, and other needs.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Daniel & Emily discuss takeaways from the 2025 Financial Planning Association's NexGen Gathering.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Daniel discuss DIY people, who's an ideal financial planning client, and the underpinning issues of trust in a professional relationship.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Emily discuss frugality, whether long-term planning is possible, and the ethics of building wealth.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Daniel discuss high vs. low cost of living, buying vs. renting, and upsizing and downsizing later in life.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Emily discuss the "bank on yourself" strategy (also known as "infinite banking"), the risks with converting a traditional mortgage to a 1st lien HELOC, and how to recover from bankruptcy.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Daniel discuss the minimum wage proposals in Longmont county and how similar proposals have had disastrous effects for the small business community in Niwot and Denver.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Emily discuss Dan's experience after ten years of being a financial planner, what MY Wealth Planners is doing now, and what to expect over the next ten years.Link to the prior episode talking about the founding of MY Wealth Planners: https://open.spotify.com/episode/47tcXJdx5Ucwf1AcDOGPOn?si=c0c905b5e4654aa2To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Daniel discuss the "One Big Beautiful Bill," specifically the tax impacts for individuals and business owners.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Emily discuss the baseline insurances that you need, and then discuss serving as an executor and pre-nuptial agreements.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Emily discuss getting into the details of travel planning, how to discuss your parents' need for care later in life, and how to set up your young children for financial success.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Daniel discuss fee-only, fee-based, and commission-only financial planning. They then move on to discuss how MY Wealth Planners' planning model has evolved from standalone investment management and one-time project services to its current comprehensive model. And they end their conversation on the topic of which types of planning models are good for which types of client.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Daniel discuss what financial planners think about when presented with a "simple" financial plan. They then move to how financial planning is focused on a decade-by-decade basis for many people. Finally, they wrap up on the question of the value of a one-time financial plan versus a long-term financial plan.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Emily discuss financial anxiety, how to think of retirement as a number other than age, and FAQs of financial planners.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Daniel discuss children's allowances, whether you should discuss money with your family, friends, and colleagues, and separating your self worth from your wealth.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consultsThe 2025 Employee Benefits Guide for MY Wealth Planners: https://www.mywealthplanners.com/wp-content/uploads/2024/12/Employee-Benefits-Guide-2025.pdf

Dr. Dan & Emily discuss student debt and whether you should target forgiveness or payoffs, then turn to whole life insurance, and wrap up on the subject of target date funds.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Daniel discuss whether paying off debt early is an optimal strategy and when it's not. They then discuss the opportunity costs of delaying financial decisions and what can contribute to those costs. Finally, they wrap up on the topic of whether it's financially smart to renovate and improve your home.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dr. Dan & Emily discuss how to handle an inheritance when it's received and how lifestyle creep can be a dangerous factor in dealing with new money. Then, Emily asks Dan to share his advice for leaders.To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.comTo schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults