Jeff Brummett discusses avoiding subtle risks to success in retirement.
Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-jeff-brummett-financial-advisor-with-greenline-financial-services-subtle-risks-to-our-success-in-retirement/
In this episode, Jeff Brummett shares a personal story about a difficult period in his life following the financial crisis and credit collapse of 2008. In the aftermath, Jeff lost his highly successful two-time Inc.500 business, followed by the loss of his marriage, and eventually even his home. Feeling deeply depressed and at rock bottom during this challenging time, Jeff Brummett’s parents, especially his father, played a significant role in challenging his son’s perspective on the measure tr, wealth, personal honor, and respect.
Jeff Brummett’s father sat him down for a heartfelt conversation and delivered a powerful message. While acknowledging Jeff’s right to feel depressed given the circumstances, the father reminded them that this was not how he was raised. He emphasized the definition of true integrity, urging Jeff not to give up or lose self-honor and respect. This direct and honest conversation served as a wake-up call for Jeff Brummett, leaving a profound impact on his mindset.
Realizing that he had the power to change his perspective and take control of his life again and motivated by that “Come to Jesus” talk delivered by his father, Jeff Brummett began studying Wall Street and the investment banking system which had seemingly collapsed almost overnight catching the Federal Reserve and financial expert’s completely off guard. This study led Jeff Brummett on a fascinating path of discovery and served as the foundation for his founding Green Line Financial Services as well as the publishing of his 2018 Amazon bestseller, The Worthless IRA: How to Keep Wall Street and Uncle Sam From Getting Their Greedy Little Fingers On Your Hard Earned Money.
In another part of the episode, Jeff discusses the confusing terminology used in the financial world. He highlights the word “security” as an example. While in everyday life, “security” refers to safety and feeling secure, in finance, it refers to products or strategies involving risk and volatility. This disparity in language can lead to miscommunication between financial advisors and their clients. Jeff Brummett and Mike Saunders stress the importance of individuals educating themselves and asking questions to fully comprehend financial concepts and strategies.
Jeff Brummett values guidance from individuals who have faced and overcome their own challenges. He believes that a guide, mentor, or guru should have “battle scars” and have experienced pain and failure. He seeks someone who can share their personal experiences, having hit rock bottom, conducted research, and identified trends to navigate difficult situations. Learning from someone who has emerged stronger from challenging experiences can provide valuable insights and help avoid repeating the same mistakes.
Jeff shared: “My team and I take the time to educate each client as to how the game is played. We customize that educational process to fit your individual goals, concerns, and financial capacity. No smoke and mirrors. Only hard facts and proven financial strategies have weathered even the most volatile of hard times.”
About Jeff Brummett
Jeff is an Amazon #1 best-selling author, past two-time Inc. 500 Company president, public speaker, popular radio talk show host, and a 25-year executive management and entrepreneurial leader. He is one of the most prolific and sought-after financial public speakers for tax-efficient retirement planning.
“My team and I take the time to educate each client as to how the game is played. We customize that educational process to fit your individual goals, concerns, and financial capacity. No smoke and mirrors. Only hard facts and proven financial strategies have weathered even the most volatile of hard times.”