This is a classic rewind episode with Peter Lazaroff.

If you're feeling overwhelmed by debt and struggling to keep your business afloat, then you are not alone! You may have been pouring all your profits back into the business, hoping for a breakthrough, but instead finding yourself with mounting financial stress. If you're feeling like you have no control over your business finances and are constantly worried about cash flow, then you are not alone! It's time to take a step back and reassess your money management strategies to ensure long-term success.

About Peter Lazaroff:

Peter Lazaroff, a celebrated figure in wealth management, serves as the Chief Investment Officer at Plancorp, overseeing an impressive $6 billion in assets. Renowned for his expertise, Peter has been honored as one of the top ten most influential advisors in the US by Investopedia. His commitment to simplifying financial matters led to the publication of his book, "Making Money Simple," and the launch of the podcast "The Long-Term Investor," which has amassed over 100,000 downloads. With a compelling journey from receiving a single share of Nike stock as a gift to becoming a leading voice in the finance industry, Peter brings a unique blend of personal experience and professional acumen, making him an ideal guest to delve into strategic investments and tailored money management for entrepreneurs.

On today’s Fortify Your Financial Kingdom, Peter and Jerry discuss how to:

• Navigate market downturns and corrections with confidence.
• Align investment strategies with your risk tolerance for better returns.
• Manage personal debt wisely to secure financial freedom.
• Harness the power of investing for long-term wealth growth.

 Key Takeaways:

• Master Money Management
• Aligning your financial goals with your investment plans is key, and doing so methodically, as Peter Lazaroff emphasizes, demystifies the notion that financial success is a magical act and instead a feasible endeavor.
• Navigate Market Downturns
• Understanding that market downturns are not anomalies but an integral part of investing is another key factor on the road to financial well-being. 

“Invest more now, today, as fast as you can. The power of compounding is so underrated, we all understand it, but our brains are wired to think linearly, whereas we don't visualize and appreciate exponentials as well." 

—Peter Lazaroff

Contact Peter:

Website: https://peterlazaroff.com/

LinkedIn: https://www.linkedin.com/in/peterlazaroff/  

X (Twitter): https://twitter.com/PeterLazaroff 

Facebook: https://www.facebook.com/peterlazaroffcfp 

About the host, Jerry Yu:

Jerry Yu, a retirement and income strategist, specializes in aiding individuals aged 50 and older facing retirement challenges. He designs customized financial blueprints to safeguard retirees' savings from longevity risk, inflation, and sequence-of-returns concerns. Jerry's expertise includes guiding those through the critical "Retirement Red Zone," offering insights on supplemental lifetime income streams, and implementing strategies to counter inflation. His mission is rooted in rectifying the misconception that wealth accumulation strategies are the same as those for spending down assets in retirement, ensuring a secure financial descent for retirees.

Contact Jerry:

Website: www.reignfinancialservices.us

Linkedin: www.linkedin.com/in/jerry-yu-4a293430/ 

Facebook: www.facebook.com/reign.financial.insurance

Instagram: www.instagram.com/reign.financial

YouTube: Search for “Jerry Yu – The Family Money Doctor” (https://www.youtube.com/channel/UCe8Nv41YuU_iIvKe7XKhaoA) 

Office: 500 Technology Dr., #300. Irvine, CA 92618 

Work: (626) 269-9098

Cell: (626) 890-0090

Email: jerry.yu@reignfinancialservices.us

Show notes by Podcastologist: Hanz Jimuel Alvarez

Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.