The Millionaire Insider Podcast

Hosted by Annette Bau, CFP®

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168

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Jun 2026

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About the show

The Millionaire Insider® Podcast is about much more than money. Each episode blends practical strategies, real-world guidance, and powerful mindset shifts to help you create a secure financial future and a retirement you truly love. You will learn how to turn your paycheck into a guaranteed income stream so you can worry less and spend your time as you wish. Your host, Annette Bau, CFP®, and founder of The Millionaire Insider®, brings over 36 years of experience advising individuals and studying the habits of the upper echelon of millionaires. She shares proven insights, thoughtful planning strategies, and the inner and outer game of wealth so you can make confident decisions about your money and your life. Ready to take the next step? Click here if you need personal guidance: https://themillionaireinsider.com/5q If you want a financial checkup, start here: https://themillionaireinsider.com/financial-checkup. You can fast-track to a successful retirement with our Retirement Readiness Quiz. This quiz will show you what stage of retirement preparedness you are at and what you should do next. You can access it here: https://themillionaireinsider.com/rrq The information shared on this podcast is for educational purposes only and is not intended to provide investment, tax, or financial advice. Before implementing any strategy, you agree to consult your team of professional advisors regarding your individual situation. You agree to hold The Millionaire Insider, Estate & Retirement Strategies, LLC, Annette Bau, and all affiliates harmless from the material contained in these episodes. To learn more about our advisory services and disclosures, visit: https://themillionaireinsider.com/ers-disclosure

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June 10, 2026Episode 16623 min

8 Habits of a Happy Retirement Part 1

Money matters in retirement—but it's not the whole story. Many people spend decades focused on saving, investing, and building wealth. They believe that once they reach a certain amount of money, happiness will follow. But reality and research often show something different. Once your basic financial needs are met, happiness in retirement is driven by something deeper: your health, relationships, purpose, mindset, and the habits you build each day. If you were unhappy before retirement, more money won't fix that. A happy retirement is built intentionally—with both a financial and a life plan that work together. In this episode, you will learn: >> (4:14) The priority that impacts everything >> (10:36) Real-life examples of finding your passion in retirement >> (17:08) What creates confidence >> (17:53) One thing my happiest clients did >> (19:09) How to determine how much guaranteed income you need >> (22:20) The secret of truly happy people A happy retirement isn't about having the most money. It's about having the right foundation in place. That includes: A clear, coordinated financial plan Reliable income you can count on Strong relationships A sense of purpose The freedom to spend your time the way you choose When those pieces come together, something powerful happens: You stop worrying about money—and start living your life. Because the truth is, retirement isn't just a financial transition. It's a life transition. And the more intentional you are in designing it, the more confident, secure, and fulfilling your retirement becomes. Next week, we will dive into Part 2 and the numbers you need to know for a happy retirement. Are You Ready For Retirement? When you replace uncertainty with facts, including your income, your spending, and your strategy, everything changes. You move from guessing… to knowing. Retirement readiness is not just financial; It's your life and future. Take the quiz: https://themillionaireinsider.com/rrq. Enjoy the episode! Links Referenced in the Show: Take the Retirement Readiness Quiz https://themillionaireinsider.com/rrq Have Questions? Need Support? https://themillionaireinsider.com/sr Show notes and more information: https://themillionaireinsider.com/166 This information is for educational purposes only and is not intended to provide financial, investment, or planning advice.

June 3, 2026Episode 16518 min

Should You Hire a Financial Advisor or Do It Yourself?

As you move closer to retirement, the financial decisions you make begin to carry more weight. What worked during your working years may no longer be enough once your paycheck stops and your assets are expected to support your lifestyle. That's why many people begin asking an important question: Should I manage my money on my own or work with a financial advisor? The answer depends on your situation, your level of confidence, and where you are in life and retirement planning. As retirement approaches, there is often a major shift. The focus is no longer just on growing your money—it becomes about creating a reliable income, reducing mistakes, coordinating decisions, and building a plan you can rely on. When all the pieces work together, it creates greater clarity, confidence, and control. In this episode, we break down when DIY makes sense, when professional guidance may be beneficial, and how to make the best decision for your future. In this episode, you will learn: >> (3:40) Considerations for DIY vs. hiring an advisor >> (7:20) Warning signs that do it yourself isn't working >> (8:47) Insight into when DIY works and when it doesn't >> (9:39) The transition from doing it yourself to working with an advisor >> (12:01) How to find the right advisor (if you need one) As you approach retirement, your financial life becomes more complex—not less. Financial planning is no longer just about growing your money. It's about turning your assets into income, coordinating taxes, protecting what you've built, and creating a plan that supports the life you truly want. If you are not qualified, you may need to consider a second opinion. You don't have to do this alone. With the right plan and guidance, you can move into retirement feeling confident, secure, and in control. And that is the goal. Are You Ready for Retirement? When you replace uncertainty with facts, including your income, your spending, and your strategy, everything changes. You move from guessing… to knowing. Retirement readiness is not just financial; It's your life and future. Take the quiz: https://themillionaireinsider.com/rrq Enjoy the episode! Links Referenced in the Show: Take the Retirement Readiness Quiz https://themillionaireinsider.com/rrq Have Questions? Need Support? https://themillionaireinsider.com/sr Show notes and more information: https://themillionaireinsider.com/165 This information is for educational purposes only and is not intended to provide financial, investment, or planning advice.

May 27, 2026Episode 16415 min

The Biggest Retirement Planning Mistake No One Talks About

Most people believe they have a retirement plan. When in reality, they have investments, a CPA, maybe an advisor, and some life insurance. On the surface, it looks good and like everything is covered. But after more than three decades of advising pre-retirees and retirees, I can tell you this: what most people have are pieces—not a cohesive plan. And when those pieces aren't working together, even good decisions can lead to costly outcomes. In this episode, we uncover the biggest retirement planning mistake no one talks about, and how to avoid it so you can create clarity, confidence, and a retirement you truly feel secure about. In this episode, you will learn: >> (4:00) Some of the most common mistakes >> (5:30) Two types of financial planners >> (6:53) How one question saved me $75,000 >> (7:35) The most important role >> (9:46) Costly mistakes that often occur >> (10:56) The results of a coordinated plan You don't need more accounts, more products, or more complexity. What you need is a plan that brings everything together. Because when your financial life is coordinated—when your income strategy, tax planning, investments, and estate plan are all aligned—you reduce unnecessary risk. You'll keep more of what you've earned and create a retirement you can feel confident about. And most importantly, you worry less. You gain clarity on what you can spend, how your income will last, and how your decisions support your life, not just your finances. That's where true wealth comes from. Wealth isn't just about money—it's about confidence, clarity, and control over your future. Are You Ready For Retirement? When you replace uncertainty with facts, including your income, your spending, and your strategy, everything changes. You move from guessing… to knowing. Retirement readiness is not just financial; It's your life and future. If you're asking, "Am I really ready?" this episode will help you answer that question with confidence. Go here to access the quiz: https://themillionaireinsider.com/rrq. Enjoy the episode! Links Referenced in the Show: Take the Retirement Readiness Quiz https://themillionaireinsider.com/rrq Have Questions? Need Support? https://themillionaireinsider.com/sr Show notes and more information: https://themillionaireinsider.com/164 This information is for educational purposes only and is not intended to provide financial, investment, or planning advice.

May 20, 2026Episode 16320 min

Wealthy vs Rich: Which is better? High income vs high net worth

Many people assume the goal is to earn more money, and if you do, everything else will fall into place. Unfortunately, high income doesn't always lead to financial security or peace of mind. After more than 36 years of working with pre-retirees and retirees, I've seen this firsthand. Some of the highest earners live paycheck to paycheck, just at a higher level. And others, who may earn less, focus on building real wealth—quietly creating stability, confidence, and a secure financial future. If you're within 10 years of retirement, understanding this difference can completely change your financial future. Because true wealth isn't about how much you make—it's about how you manage, grow, and use what you have to support your life. >> (3:49) The difference between rich and wealthy >> (7:01) A common outcome of high earners >> (10:17) The shift that changes everything >> (14:18) The mindset shift in retirement Rich is about income and lifestyle. Wealthy is about assets, strategy, and intention. And as you approach retirement, this distinction becomes even more important. Because at some point, it's no longer about how much you earn—it's about how your money supports your life. When you have a clear plan, you know how much you can spend, how your income will be generated, and how to create long-term security. You move from uncertainty to confidence. And that's the real goal. Not just more money, but more clarity, more control, and more freedom to spend your time doing what you love. Because when you build wealth the right way, you don't just create financial security. Rather, you create a life that feels as good as it looks. Are You Ready For Retirement? When you replace uncertainty with facts, including your income, your spending, and your strategy, everything changes. You move from guessing… to knowing. Retirement readiness is not just financial; It's your life and future. Go here to access the quiz: https://themillionaireinsider.com/rrq Enjoy the episode! Links Referenced in the Show: Have Questions? Need Support? https://themillionaireinsider.com/sr Show notes and more information: https://themillionaireinsider.com/163 This information is for educational purposes only and is not intended to provide financial, investment, or planning advice.

May 13, 2026Episode 16220 min

7 Questions to Answer Before You Claim Social Security

Social Security is one of the most important income decisions you will make in retirement, and yet it's often one of the most rushed and misunderstood. Many people think it's simply a choice between different ages. However, this decision is far more strategic. Social Security is not just a breakeven calculation; it's a key part of your overall retirement income plan. When coordinated properly, it can help create stability, reduce risk, and support a financially secure life. In this episode, we walk through the essential questions you need to answer before claiming Social Security. These will help you make a confident decision that supports your long-term goals, not just your short-term needs. In this episode, you will learn: >> (4:35) The first question you should ask before making a decision >> (5:25) Determine why you are taking Social Security >> (7:58) Key considerations when you're married >> (11:12) Concerns about the future of Social Security and how it may impact your retirement >> (14:19) IRMAA considerations and its impact Social Security is not just about when you claim—it's about how it fits into your life, your income, and your long-term financial security. There is no one-size-fits-all answer. The right decision is the one that aligns with your overall plan, including your income needs, goals, family, and future. When you take the time to create a coordinated retirement and tax strategy, everything changes. Are You Ready For Retirement? When you replace uncertainty with facts, including your income, your spending, and your strategy, everything changes. You move from guessing… to knowing. Retirement readiness is not just financial; It's your life and future. If you're asking, "Am I really ready?" this episode will help you answer that question with confidence. Go here to access the quiz: https://themillionaireinsider.com/rrq Enjoy the episode! Links Referenced in the Show:Have Questions? Need Support? https://themillionaireinsider.com/sr Show notes and more information: https://themillionaireinsider.com/162 This information is for educational purposes only and is not intended to provide financial, investment, or planning advice.

May 6, 2026Episode 16122 min

Am I Ready to Retire?

If you're in your 40s, 50s, or early 60s, you've probably asked yourself: "Am I really ready to retire?" It's one of the most important and emotional questions you'll ask. After all, retirement readiness is not just about having enough money. It's about knowing your money will support your life… and feeling confident in your decision. Retirement readiness is about your plan, your lifestyle, and your confidence. In this episode, you will learn: >> (4:44) How to deal with the fear of retirement >> (5:39) Research on having a happy life in retirement >> (11:15) A critical step towards a successful retirement >> (14:04) How to create a plan for your lifestyle >> (16:37) Redefining a retirement that works for you Here's What Most People Get Wrong Many people think they're not ready. In reality, they just don't have a clear plan. Without a plan, fear takes over: "What if I run out of money?" "How will I find meaning in my life?" "What if the market drops?" "How can I ensure I am making the right decision?" When you replace uncertainty with facts—your income, your spending, and your strategy—everything changes. You move from guessing… to knowing. Retirement readiness is not just financial; It's your life and future. If you're asking, "Am I really ready?" this episode will help you answer that question with confidence. Enjoy the episode! Links Referenced in the Show: Take the Retirement Readiness Quiz https://themillionaireinsider.com/rrq Have Questions? Need Support? https://themillionaireinsider.com/sr Show notes and more information: https://themillionaireinsider.com/161 This information is for educational purposes only and is not intended to provide financial, investment, or planning advice.

April 29, 2026Episode 16019 min

6 Insights to Managing Sudden Wealth

Receiving sudden wealth can feel like a dream. However, without the right plan, wealth can quickly become overwhelming and even a nightmare. Whether it's an inheritance, business sale, or financial windfall, what you do next matters. In fact, many people lose sudden wealth within a few years. Often, they don't lose their windfall because they made one big mistake, but because they didn't have a clear, coordinated plan. In this episode, I walk you through five essential steps to help you protect your wealth, make confident decisions, and turn this opportunity into long-term financial security. In this episode, you will learn: >> (2:57) Statistics about inheritances >> (4:59) Where to start >> (9:32) Why tax planning is so important >> (15:04) What the real goal really should be >> (15:33) Tips to manage a sudden windfall If you've recently experienced or expect to experience a financial windfall, this episode will help you avoid costly mistakes and create a plan that supports your retirement and your life. True wealth isn't just about how much you have—it's about how confident and secure you feel so you can make financial decisions that support your goals, dreams, and ideal life. A windfall is one of those moments that can change everything—if you handle it the right way. Enjoy the episode! Links Referenced in the Show: Take the Retirement Readiness Quiz https://themillionaireinsider.com/rrq Have Questions? Need Support? https://themillionaireinsider.com/sr Show notes and more information: https://themillionaireinsider.com/160 This information is for educational purposes only and is not intended to provide financial, investment, or planning advice.

April 22, 2026Episode 15919 min

Finding Time to Manage Your Money

If you've ever felt like managing your money keeps getting pushed to the bottom of your list, you're not alone. You've worked hard to build what you have. But with everything competing for your attention—family, career, health, and life—it's easy for your finances to feel like just one more thing you don't have time for. In this episode, we simplify the conversation so you can reduce overwhelm, avoid information overload, and focus on what truly matters. When you do, you can create clarity, confidence, and a plan that supports your life today and your retirement. In this episode, you will learn: >> (6:57) A critical question you need to ask >> (9:26) A common reason we don't have time >> (12:02) A common reason people lose thousands >> (14:02) Why income planning is so important >> (15:41) When you may need to hire a financial advisor Finding time to manage your money isn't usually a time problem—it's a clarity problem. Your life is full of responsibilities that matter—family, health, career, and relationships. But your financial life supports all of them. When you don't have clarity, managing money can feel overwhelming and time-consuming. And when something feels overwhelming, it's easy to avoid it. Many people also believe they need to know everything and do everything to get it right. You don't. That's where the concept of "the vital few vs. the trivial many" becomes powerful. Instead of trying to manage every detail, you focus on the few things that truly move the needle. In this episode, we walk through: The key numbers you need to know now and in retirement How to simplify your financial decisions And how to identify and close any gaps in your plan Managing your money isn't about finding more time; it's about creating clarity. When you know what matters, what you need, and what actions to take, managing your finances becomes simpler, faster, and far more effective. And most importantly, it gives you something far greater than money: confidence in your future. Enjoy the episode! Links Referenced in the Show: Take the Retirement Readiness Quiz https://themillionaireinsider.com/rrq Have Questions? Need Support? https://themillionaireinsider.com/sr Show notes and more information: https://themillionaireinsider.com/159 This information is for educational purposes only and is not intended to provide financial, investment, or planning advice.

April 15, 2026Episode 15824 min

Are Medical Sharing Programs the Solution to Rising Healthcare Costs?

Healthcare costs remain one of the biggest concerns for pre-retirees and retirees. Many people feel frustrated by rising premiums, limited coverage, and a system that often feels confusing and unpredictable. As a result, more individuals are exploring alternatives that appear more affordable and are aligned with their personal values. One of the most talked-about options is medical sharing programs. But here's the challenge—many people don't fully understand how these programs work, what they cover, or the potential risks they may pose to your financial future. And when it comes to healthcare, making the wrong decision can have serious financial consequences. In today's episode, we're going to break down what medical sharing programs are, how they work, and whether they belong in a solid retirement plan so you can make a confident, informed decision that supports your long-term financial security. Because your healthcare strategy is one of the most important pieces of your financial plan, this is an episode you don't want to miss. >> (4:26) What a medical sharing program is—and how it differs from traditional insurance >> (5:16) How these programs work behind the scenes >> (7:51) The potential advantages of medical sharing programs >> (9:55) The risks and limitations you need to know about >> (10:17) Important insights about pre-existing conditions >> (11:28) One of the most overlooked advantages At the end of the day, your healthcare strategy should strengthen your financial security—not introduce more uncertainty. Medical sharing programs may be a fit for some, but they are not a one-size-fits-all solution. The key is understanding how they align with your overall financial plan, your risk tolerance, and your long-term goals. When you take the time to evaluate your options and build a thoughtful, coordinated strategy, you put yourself in control, and that's where true peace of mind comes from. You can do this, and we can help you. Enjoy the episode! Links Referenced in the Show: The Estate Plan Checklist: https://themillionaireinsider.com/epc Take the Retirement Readiness Quiz https://themillionaireinsider.com/rrq Have Questions? Need Support? https://themillionaireinsider.com/sr Show notes and more information: https://themillionaireinsider.com/158 This information is for educational purposes only and is not intended to provide financial, investment, or planning advice.

April 8, 2026Episode 15717 min

3 Common Estate Planning Mistakes

Too often, estate planning is treated as an afterthought—something people only address when there's urgency or a crisis. In my 36 years of advising clients, I've seen firsthand how this can become a nightmare and devastating experience for those left to handle the aftermath. When a will or trust isn't properly coordinated with a financial plan, it can create confusion, delays, unnecessary taxes, and even conflict among loved ones. And during a time when everyone is already emotional, the last thing your family needs is a financial mess to untangle. Estate planning is not just about documents. It's about creating a solid, coordinated plan that ensures your wishes are carried out and your loved ones are cared for. Without that coordination, the very people you intend to benefit from your estate may not receive your assets the way you planned. In today's episode, we're walking through three of the most common estate planning mistakes. We'll discuss how to avoid these common misnomers so you can move forward with clarity, confidence, and peace of mind. >> (2:15) One of the most common estate planning mistakes that can derail your entire plan >> (8:53) Real-world examples of estate plans working the right way >> (10:26) The critical steps you must take after drafting a will or trust >> (17:12) The first and most important step to getting your plan in place A well-designed estate plan can be a game-changer for your financial life. A properly coordinated plan gives you clarity, reduces stress, and ensures your loved ones are supported exactly the way you intend. This process is about more than documents. Rather, it's about creating a plan so you can worry less and spend more time doing what you love, knowing your future and your family are secure. You can do this, and we are here to help you. Until next time, schedule time on your calendar to begin creating or refining your plan. Taking that first step today can make all the difference in ensuring your wishes come to fruition. Enjoy the episode! Links Referenced in the Show: The Estate Plan Checklist: https://themillionaireinsider.com/epc Take the Retirement Readiness Quiz https://themillionaireinsider.com/rrq Have Questions? Need Support? https://themillionaireinsider.com/sr Show notes and more information: https://themillionaireinsider.com/157 This information is for educational purposes only and is not intended to provide financial, investment, or planning advice.