Business Growth – Ideas By Mike™ Podcast

1.OAK Financial’s True Meaning: Guiding People to Overcome Fear & Anxiety Around Finances (Ep. 34)

By Ideas by Mike | October 3, 2025

In this episode of the Ideas by Mike podcast, host Mike Milligan, CFP shares the journey of his financial planning firm, Ideas by Mike, and its evolution into 1.oak Financial.

He discusses the tumultuous financial landscape over the past few years, the founding principles of his firm, and the importance of client-centered financial planning.

Mike emphasizes the need for a unique approach to financial services that prioritizes clients’ needs and goals, culminating in the introduction of the one-of-a-kind financial plan designed to help clients live their best lives.

Episode Takeaways:

– Ideas by Mike aims to provide unique financial insights.
– The firm was founded on principles of client-centered service.
– Mike’s career journey reflects a commitment to client needs.
– The one-of-a-kind financial plan is central to their approach.
– Financial planning should prioritize individual client goals.
– The evolution to One Oak Financial signifies growth and innovation.
– Client service is prioritized over profit in their business model.
– Understanding clients’ core beliefs about money is crucial.
– The firm aims to reduce fear and anxiety around finances.
– Community impact is a key focus for clients in retirement.

Stream all past episode of Ideas by Mike™ Podcast!

Connect with Mike Milligan, CFP®

Do you have any financial inquiries you need answered?
Send us an email – mike@mikemilligancfp.com
Or Call/Text “PODCAST” to (757) 909-7151

Intro and Outro Music: “Podcast Interview Background Music” by Ievgen Poltavskyi (HitsLab) via Pixabay

#ideasbymike #moneymanagementpodcast #wealthbuilding #retirementplanning #financialplanningpodcast #careerjourneypodcast #clientservices #worklifebalance #impactfulcareers #personalizedfinance #retirementwithdrawalstrategies #communityengagement #financialliteracypodcast #podcast #podcastforfinancialliteracy #financialmanagementpodcast #financialplanningguide #financialliteracymatters #financialtips #financialhelp #financialstrategies #socialsecuritytips #federalbenefitsconsultant #cfp #annuity #Safewithdrawalrates #RetirementWithdrawalStrategies

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Conversation with Tom Hegna: Proven Formula for Retirement Income, Wealth & Peace of Mind (Ep. 32)

By Ideas by Mike | September 5, 2025

Tom Hegna retirement income strategies are some of the most researched, proven methods to retire with security, peace of mind, and lasting wealth. In this episode of the Ideas by Mike™ Podcast, Mike Milligan, CFP®, sits down with Tom Hegna—renowned author of Paychecks and Playchecks and Don’t Worry, Retire Happy—to uncover his formula for creating guaranteed lifetime income, reducing taxes, and protecting family wealth. #TomHegna #RetirementIncomeStrategies #ideasbymike

Stream all past episode of Ideas by Mike™ Podcast for Expert Financial Planning Insights in our YouTube channel!

📞 Book your complimentary Financial & Retirement Planning Analysis: https://calendly.com/ideasbymike/linkedin-strategy-call?month=2025-07

✅ Subscribe for more expert financial planning insights, insider tax strategies, retirement income tips, and legacy planning ideas from the financial planning world.

👤 About Our Guest: Tom Hegna

Tom Hegna is a world-renowned retirement income expert, economist, and author widely known as the “Retirement Income Guru.” With decades of experience as a financial industry executive, retirement strategist, and keynote speaker, Tom has helped thousands of individuals and advisors understand how to retire happy and secure.

👉 Follow Tom Hegna:

YouTube – https://www.youtube.com/@UCZLVr1-144LsPDrWR1cyqWQ

LinkedIn – https://www.linkedin.com/in/tomhegna/

Website – https://tomhegna.com/

💡 In this Episode 32, you’ll learn how to:

– Why annuities must play a foundational role in retirement income.

– The truth about fake fiduciaries—and how to spot them.

– Strategies for Roth conversions and cash value life insurance.

– How to build a wealth floor with life insurance for your family.

– Why guaranteed income leads to happier, longer retirements.

– How to prepare for the long-term care crisis with hybrid solutions.

– The balance between short-term liquidity and long-term stability.

This conversation with Tom Hegna is packed with insights that every retiree and pre-retiree should hear. This conversation is a masterclass in building a plan that actually works—covering income, taxes, legacy, investments, and healthcare.

📖 Episode Chapters:

00:00 – Tom Hegna Retirement Income Strategies (Intro)

02:22 – Tom’s Journey into Financial Services

06:02 – From New York Life to Bestselling Author

07:19 – Golf Lessons & Financial Planning

09:49 – What Are Fake Fiduciaries?

11:28 – Hybrid Retirement: Redefining Work-Life Balance

14:10 – The Rising Tax Problem & Roth Conversions

16:19 – Life Insurance & Roth for Tax-Free Income

17:45 – The Coming Long-Term Care Crisis

19:21 – Annuities Myths vs. Reality

20:57 – How to Decide if Annuities Fit Your Plan

22:59 – Safe Withdrawal Rate vs. Lifetime Guarantees

24:14 – Building a Wealth Floor with Life Insurance

25:56 – Creating a Comprehensive Financial Plan

27:38 – Short-Term vs. Long-Term Balance in Retirement

28:53 – Which Tom Hegna Book to Start With

**We’d love to hear your thoughts! Subscribe for more Tom Hegna retirement income strategies, proven tax tips, and financial planning insights that help you build wealth and peace of mind.**

________________________________________________________________________

Resources:
Tax Incentive Programs For Wealth Building You Probably Didn’t Know Of | (Ep. 31)

Connect with Mike Milligan, CFP®:

Do you have any financial inquiries you need answered?
Send us an email – mike@mikemilligancfp.com
Or Call/Text “PODCAST” to (757) 909-7151

Intro and Outro Music: “Podcast Interview Background Music” by Ievgen Poltavskyi (HitsLab) via Pixabay

#ideasbymike #moneymanagementpodcast #wealthbuilding #retirementplanning #financialplanningpodcast #careerjourneypodcast #clientservices #worklifebalance #impactfulcareers #personalizedfinance #communityengagement #financialliteracypodcast #podcast #podcastforfinancialliteracy #financialmanagementpodcast #financialplanningguide #financialliteracymatters #financialtips #financialhelp #financialstrategies #socialsecuritytips #federalbenefitsconsultant #cfp #TomHegna #RetirementIncomeStrategies #ideasbymike

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Tax Strategies For Wealth Building You Probably Didn’t Know (Ep. 31)

By Ideas by Mike | August 25, 2025

In this episode, Mike Milligan discusses innovative tax planning strategies that can help individuals and businesses maximize their financial potential. He explores various tax incentives, including the Augusta Rule, advanced strategies like ‘buy, borrow, and die’, and the benefits of Donor Advised Funds and Charitable Trusts.

Additionally, he delves into estate planning tools and the advantages of real estate investments. The conversation culminates in an in-depth look at Puerto Rico’s Act 60, which offers significant tax benefits for residents and businesses. Mike emphasizes the importance of designing a unique financial plan tailored to individual needs and goals.

You’ll discover how to:

Design a financial plan that leverages tax incentives—are you missing hidden opportunities?
Use the Augusta Rule to generate tax-free rental income—have you considered renting your home to your business?
Preserve wealth using the buy, borrow, and die strategy—could borrowing against your assets reduce your taxes?
Optimize charitable giving with Donor Advised Funds—are you maximizing your deductions in high-income years?
Protect family wealth across generations using dynasty trusts—what steps safeguard your legacy?
Offset taxable income through real estate depreciation—are your investments working as hard as you are?
Unlock tax-free growth with the mega backdoor Roth IRA—are you fully using your retirement opportunities?
Save tens of thousands in taxes through Puerto Rico Act 60—might relocating reshape your financial future?
Understand the tax code to create significant savings—how well are you negotiating with the IRS?
Build a unique financial plan for long-term success—how customized is your current strategy?

Resources: How to Stand Out in a Crowded Market using Vision, AI & Personal Connection | Ideas by Mike (Ep. 30)

Connect with Mike Milligan, CFP®:

Do you have any financial inquiries you need answered?
Send us an email – mike@mikemilligancfp.com
Or Call/Text “PODCAST” to (757) 909-7151

#ideasbymike #moneymanagementpodcast #wealthbuilding #retirementplanning #financialplanningpodcast #careerjourneypodcast #clientservices #worklifebalance #impactfulcareers #personalizedfinance #communityengagement #financialliteracypodcast #podcast #podcastforfinancialliteracy #financialmanagementpodcast #financialplanningguide #financialliteracy #financialtips #financialhelp #financialstrategies #socialsecuritytips #federalbenefitsconsultant #cfp

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How to Stand Out in a Crowded Market using Vision, AI & Personal Connection (Ep. 30)

By Ideas by Mike | August 12, 2025

Discover how to stand out in a crowded market and attract clients even in today’s competitive business landscape. Learn proven strategies to sharpen your business vision, use AI tools for clear and powerful messaging, and build trust through video, so you become the go-to choice in your industry. Whether you’re a financial advisor, entrepreneur, or small business owner, these insights will help you rise above the noise and grow with purpose.

In this episode of Ideas by Mike™, Mike Milligan sits down with Jeremy Houser, VP and Senior Advisor Development Consultant at Simplicity InsurMark, to explore how clarity of vision, belief in yourself, and purposeful communication can set you apart.

Jeremy shares how writing your vision down (“vapor to paper”), using video to build trust when you’re not in the room, and embracing the mindset shift of “Why not me?” can fundamentally reshape your business and your life.

You’ll discover:

How video builds trust and credibility, even when you’re not there
Why documenting your vision matters more than perfecting it
How AI tools can help bring clarity to your message and mission
The concept of “Retirement Chi” and creating a vision built around health, impact, and community
How small mindset shifts and consistent habits lead to big growth
Why personal connection is still the greatest differentiator in a crowded market

If you’re ready to move from ideas to action, and stop blending in, this episode is for you.

About our Guest:

As a trusted consultant and advisor to the financial professionals he serves, Jeremy is committed to helping you professionalize all aspects of your practice and unlock your full potential.

In early 2018, he identified a clear gap in service and support for advisors across the nation and built the Advisor Mentorship Program to address and close it. One of his passions within AMP is to help advisors refine their own process and attract clients instead of chasing them.

Today, this program continues to help a select group of advisors stay focused on achieving consistent growth, while adding value to their practice and developing Business Alpha through the resources available through InsurMark.

Connect with Jeremy Houser:

Resources: Daven Michaels Talks About The #1 Mistake Business Owners Make When Growing (Ep. 29)

Connect with Mike Milligan, CFP®:

Do you have any financial inquiries wanting to get answered?
Leave us an email – mike@mikemilligancfp.com
Or Call/Text Mike Milligan to help you out – 757-909-7151

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#ideasbymike #moneymanagementpodcast #wealthbuilding #retirementplanning #financialplanningpodcast #careerjourneypodcast #clientservices #worklifebalance #impactfulcareers #personalizedfinance #communityengagement #financialliteracypodcast #podcast #podcastforfinancialliteracy #financialmanagementpodcast #financialplanningguide #financialliteracy #financialtips #financialhelp #financialstrategies #socialsecuritytips #federalbenefitsconsultant #cfp

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