Michael Morrow Financial Expert and International Speaker

In this episode, Roxanne Derhodge engages in a thought-provoking conversation with Michael Morrow about the importance of financial planning and retirement. They discuss the challenges faced by younger generations, the financial implications of supporting adult children, the benefits of early saving, and hybrid retirement. They also talk about Morrow's book "Don't worry, retire happy".

This week on Authentic Living with Roxanne, we are joined by Mike Morrow who is a Certified Financial Planner, MDRT Member, International Speaker and Author of three books best-selling books: The Loyalty Edge,The Picture Sells the Story™and released March 2016, The Little Book of Woww!™, co-authored with Michelle Hoskin.

In this age of technology, life is getting more complicated, we have a much longer life expectancy the even just a couple of generations ago and debt is becoming a bigger burden than ever. Listen in while Roxanne and Mike discuss the necessary tips to live well now and still save for retirement.

Mike has been helping families and business owners in Northwestern Ontario for 25 years. He is internationally recognized as a leader among Financial Advisors, having spoken to over 40,000 advisors in 12 countries about client and prospect engagement, client appreciation and financial services marketing.

Authentic Touch Points

The issues people struggle with financially. 8:45 The “mind blocks” around money. 15:30 How & when to start saving for retirement. 25:50 Rome wasn’t built in a day. 31:20 Get $100,000 under your belt ASAP. 38:00 Why even bother? 44:50 A hybrid retirement. 50:25

Links:

http://morrowfinancial.ca http://www.ideasforadvisors.com
https://www.mdrt.org http://ideasforadvisors.com/article/about-michael-morrow-cfp-5.html Roxanne’s LinkedIn profile:https://www.linkedin.com/in/roxannederhodge/ Roxanne’s email: [email protected] Chat with Roxanne: https://roxannederhodge.com/chat/ Roxanne’s previous podcasts: https://roxannederhodge.com/blog/

(0:00) Introduction and welcoming Michael Morrow (6:44) The importance of financial planning and the challenges faced (12:13) Discussion on the concept of retirement and its importance (20:33) Calculating a safe withdrawal rate for retirement savings (25:12) Financial challenges faced by the younger generation and advice (34:27) Supporting adult children and the financial implications (38:12) The benefits of early saving and a conservative lifestyle (45:56) The concept of incremental and additive changes (50:26) Hybrid retirement: Changing careers instead of full retirement (56:05) Connecting with Michael Morrow and discussing his book: "Don't worry, retire happy"