3/21/2022 - 65 minutes

Episode Summary

My guest today is Troy Redstone, the founder of PHD. Retirement Consulting and the author of two books, Repurposement: Experiencing the Financial Freedom to Start Living on Purpose Today and 401(k) Architecture: Design a Retirement Plan That Serves Your Purpose and Your People.

He is the immediate past President of the Retirement Advisor Council, and he has also served as the President and Chair of the Employee Benefits Institute. In this episode, Troy and I discuss why a company’s corporate culture is a good indicator of whether they will be a good client and commit to running a successful plan.

Listen in as Troy shares key insights from his latest book, as well as how to optimize plan design by leveraging behavioral finance. You will learn how to cast a vision for plan sponsors so that they can aspire to better outcomes, why Troy has chosen to build a boutique firm that is solely focused on retirement plans (not wealth management), and how you can learn to chase the thing that really gives you purpose. 

What You'll Learn

• Key insights from Troy’s latest book.
• Why a company’s corporate culture is important.
• How to leverage behavioral finance.
• How to cast a vision for plan sponsors.
• Why Troy has chosen to build a boutique firm.
• How his team is empowering their clients.
• How to build a future with purpose in mind. 

Links to Resources

• Troy Redstone: Website | LinkedIn
• 401(k) Architecture
• Repurposement
• You Should Retire Now, Episode 96

Ideas Worth Sharing

1. “The things you are in control of make the biggest difference.” - Troy Redstone
2. “I like the idea of repurposement, not retirement.” - Troy Redstone
3. “The top performing companies are the ones that take care of their people.” - Troy Redstone