Episode Details

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In this week's episode we interview Todd Langford, CEO and developer of Truth Concepts Financial Calculators and Co-Founder of the Summit for Prosperity Economics Advisors. We discuss the "Top 5 Myths of Financial Planning." Topics discussed include:

-Myth #1: Buy Term and Invest the Difference
-Myth #2: Qualified Plans are the best way to save for retirement
-Myth #3: The path to wealth is found in a well-diversified portfolio of stocks and bonds
-Myth #4: Whole Life Insurance is a terrible investment
-Myth #5: Paying Cash is the best way to make large purchases
-Myth #6: Direct vs. Non-Direct Recognition. Which is best?

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