『Best In Wealth Podcast』のカバーアート

Best In Wealth Podcast

Best In Wealth Podcast

著者： Scott Wellens
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This is the best in Wealth podcast – A show for successful family stewards who want real answers about Retirement and investing so we can feel secure about our family’s future. Scott's mission is simple: to help other family stewards build and maintain their family fortress. A family steward is someone that feels family is the most important thing. You go to your job every day for your family. You watch over your family, you make sacrifices for your family, you protect your family. I work with family stewards because I am one; I have become an expert in the unique wealth challenges family stewards face. Scott Wellens is the founder of Fortress Planning Group - an independent, fee-only, registered investment advisory firm. Fortress Planning Group is dedicated to coaching clients toward a holistic view of wealth and family stewardship. Scott is a certified financial planner, a fiduciary and has been quoted in the industry’s leading websites including Forbes, Business Insider and Yahoo Finance. Scott is also a Dave Ramsey Smartvestor Pro in the greater Milwaukee and Madison areas.Copyright 2026 Scott Wellens 人間関係 個人ファイナンス 子育て 経済学
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  • The Retirement Trap Nobody's Talking About, Ep #269

    The Retirement Trap Nobody's Talking About, Ep #269
    2026/05/15
    While most of us spend our working lives worrying about running out of money in retirement, Many retirees actually die with far more money than they anticipated—often missing out on the experiences, generosity, and freedom that their hard-earned savings could have provided. In this episode, I discuss why so many family stewards struggle to enjoy their wealth, and offer practical steps to find balance, conquer financial fears, and ensure you fully live the retirement you planned for. Outline of This Episode[04:03] Why retirees struggle to spend[08:02] Encouraging retirees to spend[09:53] Inheriting money later in life[16:48] Enjoying life during retirement[17:54] Avoiding a life half-livedWhy Don’t Retirees Spend?There are several reasons behind this:1. Habitual Saver SyndromeDecades of saving, budgeting, and controlled spending form a deeply ingrained mindset. The wealth behaviors that enabled financial abundance are difficult to turn off suddenly at retirement. The decision to start drawing down your assets can even feel like an identity crisis: Spending then can feel like a failure, after years of associating self-worth with accumulation.2. Fear of the UnknownEven with a robust nest egg, fear is powerful: fear of running out, fear of the next market crash, fear of inflation or healthcare expenses. This anxiety may cause retirees to under-spend, even when the math says they are safe.3. Identity and Psychological AttachmentFor many, growing their savings has become part of their identity. Watching account balances grow is emotionally satisfying; drawing them down is not. Even after retirement, some people feel pressure to preserve and accumulate, rather than to enjoy their wealth—leading to decades with little change in their net worth.The Cost of WaitingResearch shows that many retirees retain nearly 80% of their nest egg even 20 years into retirement. At the same time, spending naturally declines as we age due to reduced energy, declining health, and fewer active experiences. The risk is missing out on the vital “go-go years”—the healthiest, most mobile phase of retirement—only to find that it’s too late to use those savings for the adventures and family moments we dreamed about.Regrets and Lessons LearnedAfter years of working with retirees, I consistently hear the most common regrets of wishing they’d retired sooner, traveled more, spent more time with family, or helped children and grandchildren earlier. Rarely does anyone say, “I wish I died with more money in my account.”Make sure you enjoy what you’ve built by defining the purpose of your money and clarifying what your savings are for—security, freedom, experiences, a legacy, or charitable impact. You also need to separate fear from reality, using financial planning tools, like Income Lab, can give you clarity and permission to spend by showing what’s truly sustainable. Consider starting a memory budget, instead of only budgeting for bills, earmark resources for family trips, special experiences, and gifts while you are alive.The real goal isn’t reckless spending—it’s alignment. Let your money serve your life, not the other way around. The greatest retirement tragedy isn’t running out of money, but failing to live the life your savings could have enabled. Plan wisely—then give yourself permission to spend, to give, and to make memories. That’s how you avoid the retirement trap nobody is talking about.Resources MentionedIncome LabConnect With Scott WellensSchedule a discovery call with ScottSend a message to ScottVisit Fortress Planning GroupConnect with Scott on LinkedInFollow Scott on TwitterFortress Planning Group on FacebookSubscribe to Best In WealthAudio Production and Show Notes byPODCAST FAST TRACKhttps://www.podcastfasttrack.com
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    19 分
  • Should You Stay the Course? War, Oil, and Your Investments, Ep #268

    Should You Stay the Course? War, Oil, and Your Investments, Ep #268
    2026/04/17
    Watching the news recently has been an uneasy experience for investors and retirees. War headlines dominate the airwaves, oil prices have surged to new highs, and portfolio balances may not look as reassuring as they did months ago. For family stewards looking to safeguard their financial futures, the temptation to react to these global shocks is powerful. But it’s crucial not to make emotional financial decisions. Understanding the CrisisIn March 2026, military strikes in the Middle East led to severe disruptions in the Strait of Hormuz—a global oil supply chokepoint through which 20% of the world’s daily oil supply flows. Although the U.S. itself is less directly dependent on Middle Eastern oil, oil’s status as a globally priced commodity means any disruption impacts global prices and, by extension, markets everywhere. Brent crude prices quickly soared, spiking 10–15% in a day and peaking at $120 per barrel, amid fears it could rise further.Unsurprisingly, the financial markets responded with a bout of volatility. The VIX index—a gauge of investor fear—jumped from 19 to 25. Though jarring, Speaker A reminds us that these numbers pale compared to the shock during the COVID crisis when the VIX broke 80 (07:02). Recognizing this scale is the first step toward a measured response.Oil Prices and the Stock Market: It’s ComplicatedMany assume a direct, simple link: oil prices soar, stocks tumble. While sometimes true in the short term, history tells a more nuanced story. The real variable is the duration of the oil shock, not the shock itself. In the 1973 Arab oil embargo, prices quadrupled, sustained for months, and the S&P 500 lost 37% in real terms, and recovery took six years.In the 1990 Gulf War, oil prices rose 75% in two months, but once the conflict was resolved, markets rebounded in just 28 days. In 2003, fears about Iraq pushed prices up, yet the S&P 500 delivered a 25% return the following year as disruptions were short-lived. In general, short, contained shocks resolve quickly with strong recoveries. Prolonged crises cause lasting damage.Building a Rock Solid PortfolioWithstanding economic storms starts with thoughtful preparation, and ideally, we want to create a “fortress portfolio”—not a flimsy wall, but a robust structure capable of weathering attacks. This involves deep diversification:U.S. small-cap and value stocksInternational and emerging marketsReal estate investment trustsShort-term and inflation-protected bondsDiversification means that even when panic causes correlations to rise temporarily, the portfolio is designed for resilience, not prediction. Selling during a crisis, by contrast, locks in losses and exposes investors to the impossible challenge of timing the market's rebound—a decision research shows most people get wrong.Lasting Wealth Is Built Through Hard TimesWar and oil shocks always ignite fear, but history and evidence are clear that those who stay disciplined, trust a well-built portfolio, and avoid emotional, short-term decisions are the ones who preserve and grow wealth. It isn’t easy to hold the line, but it is the surest path to security and freedom for your family’s future.Outline of This Episode[00:00] Retirement planning during uncertain times[01:09] Don’t make emotional financial decisions[07:02] Understanding the VIX Index[08:57] The nuanced story of oil prices and your portfolio[14:08] Impact of oil on investments[18:13] Why timing the market is hard[23:26] Staying disciplined during volatilityResources MentionedVIX Volatility Products | Cboe Connect With Scott WellensSchedule a discovery call with ScottSend a message to ScottVisit Fortress Planning GroupConnect with Scott on LinkedInFollow Scott on TwitterFortress Planning Group on FacebookSubscribe to Best In WealthAudio Production and Show Notes byPODCAST FAST TRACKhttps://www.podcastfasttrack.comPodcast Disclaimer:The Best In Wealth Podcast is hosted by Scott Wellens. Scott Wellens is the principal at Fortress Planning Group. Fortress Planning Group is a registered investment advisory firm regulated by the US Securities and Exchange Commission in accordance and compliance with securities laws and regulations. Fortress Planning Group does not render or offer to render personalized investment or tax advice through the Best In Wealth Podcast. The information provided is for informational purposes only and does not constitute financial, tax, investment, or legal advice.
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    26 分
  • How Data, Discipline, and Human Ingenuity Shape Long-Term Wealth, Ep #267

    How Data, Discipline, and Human Ingenuity Shape Long-Term Wealth, Ep #267
    2026/03/13
    In a world where gut instinct once ruled the day—from football coaches making pivotal fourth-down decisions to investors choosing their next stock pick—a revolution has reshaped the landscape: reliable data and analytics. Drawing inspiration from the principles behind the film Moneyball and a recent article by David Booth on 3 Lessons from Investing’s Moneyball Moment in Fortune magazine, I break down what a century of US stock market history reveals for everyday investors. Lesson 1. Insiders Aren’t Smarter Than Outsiders One of the key insights unearthed from this century’s worth of data is simple but profound: experts, or “insiders,” do not consistently outperform the market. Early research using the University of Chicago’s Center for Research on Security Prices (CRSP) data found that, on average, mutual funds and clever stock pickers failed to beat the simple strategy of buying and holding a diversified market portfolio. This led to the explosion of index funds, notably pioneered by Vanguard and enabled by firms like Dimensional. Now, anyone, not just Wall Street professionals, can own broad, low-cost portfolios and harness the long-term growth of the entire market rather than trying (and in most cases, failing) to outsmart it. Lesson 2. Bet on Human Ingenuity Human creativity and progress power the market’s reliable returns over the decades. Companies go public to raise money, which they funnel into improving their products and expanding their reach. Every day, millions of people at thousands of companies are seeking better ways to serve their customers and grow profits. When you invest in the stock market, you are ultimately betting on people’s ability to innovate and adapt to a changing world. This century-long experiment in collective growth has consistently delivered average returns of around 10% per year, a number that has survived wars, recessions, inflation spikes, and bubbles. Lesson 3. Investor Behavior Is Key If reams of data tell us anything, it is this: reliable, long-term returns belong to disciplined investors. The journey is never smooth—market downturns feel chaotic and alarming in the moment. Yet, $1,000 invested in 1926 would have grown to over $17 million by 2025, despite wars, crashes, and global crises. Most investors who stuck with the market over any 10- or 20-year span came out ahead. Stay disciplined, trust the data, and know that while the challenges may look different, the power of long-term, patient investing is timeless. Outline of This Episode [00:00] 100 years of market insights[03:14] Football transformed by data analytics[07:32] Moneyball, markets, and data[11:06] Insiders vs. outsiders on stocks[16:17] Human ingenuity in investing[17:26] Investing discipline drives long-term success Resources Mentioned Moneyball Synopsis 3 lessons from investing’s moneyball moment in Fortune University of Chicago’s Center for Research on Security Prices (CRSP) Connect With Scott Wellens Schedule a discovery call with ScottSend a message to ScottVisit Fortress Planning GroupConnect with Scott on LinkedInFollow Scott on TwitterFortress Planning Group on Facebook Subscribe to Best In Wealth Audio Production and Show Notes by PODCAST FAST TRACK https://www.podcastfasttrack.com Podcast Disclaimer: The Best In Wealth Podcast is hosted by Scott Wellens. Scott Wellens is the principal at Fortress Planning Group. Fortress Planning Group is a registered investment advisory firm regulated by the US Securities and Exchange Commission in accordance and compliance with securities laws and regulations. Fortress Planning Group does not render or offer to render personalized investment or tax advice through the Best In Wealth Podcast. The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.
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    23 分
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