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Wealth vs. Rich: A Journey from Baseball to Finance | Kevin Thompson | Growing Money with Sean Trace

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Manage episode 507880199 series 3465773
Content provided by Sean Trace. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sean Trace or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode of Growing Money with Sean Trace, I sit down with Kevin Thompson, CFP, RICP, EA, for a conversation that blends his incredible personal journey with his professional insights on money and life. Kevin’s path started in Major League Baseball with the Yankees, and after an injury ended his career, he discovered his passion for finance. That journey included losing money to a Ponzi scheme, which gave him a firsthand understanding of why transparency and trust are so vital in this industry.

Kevin and I dive deep into what true wealth really means. He explains the difference between being “rich” and being “wealthy,” why guaranteed income can sometimes matter more than millions in assets, and how consumption culture has distorted our sense of financial wellbeing. We also talk about the quiet, understated wealth that often carries more influence than flashy displays, and the importance of planning not just for retirement savings, but for what life will look like on day one after you stop working.

This conversation is about more than finance, it’s about security, community, and redefining what success looks like, all through the perspective of Kevin.

  continue reading

70 episodes

Artwork
iconShare
 
Manage episode 507880199 series 3465773
Content provided by Sean Trace. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sean Trace or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode of Growing Money with Sean Trace, I sit down with Kevin Thompson, CFP, RICP, EA, for a conversation that blends his incredible personal journey with his professional insights on money and life. Kevin’s path started in Major League Baseball with the Yankees, and after an injury ended his career, he discovered his passion for finance. That journey included losing money to a Ponzi scheme, which gave him a firsthand understanding of why transparency and trust are so vital in this industry.

Kevin and I dive deep into what true wealth really means. He explains the difference between being “rich” and being “wealthy,” why guaranteed income can sometimes matter more than millions in assets, and how consumption culture has distorted our sense of financial wellbeing. We also talk about the quiet, understated wealth that often carries more influence than flashy displays, and the importance of planning not just for retirement savings, but for what life will look like on day one after you stop working.

This conversation is about more than finance, it’s about security, community, and redefining what success looks like, all through the perspective of Kevin.

  continue reading

70 episodes

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