029: How to Find the Right Retirement Planner For You with Jamie Hopkins *

Jamie Hopkins is soon to become the Director of Retirement Research at the Carson Group – and he holds virtually every designation under the sun. He has been the Co-Director of New York Life’s Center for Retirement Income, a Professor of the Retirement Income Program at the American College of Financial Services, and helped to create the Retirement Income Certified Professional designation.

He was one of my professors as I was getting my education. He’s been featured in Forbes, Kiplinger, and served as a Retirement Mentor for Marketwatch. He’s contributed to dozens of journals on tax law and retirement income planning, and his newest book, Rewirement: Rewiring the Way You Think About Retirement, explores the difference between – and the different mindsets needed for – retirement income planning and saving for retirement.

Today, Jamie joins the podcast to talk about the lessons he learned as captain of the Davidson College swim team training alongside Michael Phelps (and how they shape his work as a financial planner), what he considers to be the greatest accomplishment of his life, why almost everyone is holding some form of digital currency, and how to find a retirement planner who isn’t just good – but a fit for your specific needs, situation, and challenges.

In this podcast interview, you’ll learn:

  • How Jamie applied the lessons he learned from training with Michael Phelps in college to financial planning.
  • Why most people don’t need to be millionaires to retire.
  • Why Jamie blames tax professionals for the underutilization of Roth IRAs.
  • The difference between accumulation and retirement income specialists.
  • How to utilize life insurance for tax-free income and long-term care coverage.

Inspiring Quotes

  • “Practice doesn’t make perfect. If you practice poor technique, if you practice poor behavior, you just get really good at doing something the wrong way.” – Jamie Hopkins
  • “What I got to experience was the process it took to be great at something. Not really good, not kind of good, but truly great. Michael Phelps is the most famous swimmer and the most decorated Olympian athlete of all time, and really, truly amazing. It came from a bunch of things coinciding at once, but we had a great coach, a great program, and great history. We were able to build off of that and create a process that was repeatable, putting out 1-2 Olympians every year.” – Jamie Hopkins
  • “Most people don’t understand things until they do them. Once we’re done with retirement, we’ll understand it, but that’s a little too late.” – Jamie Hopkins

Interview Resources

Jamie Hopkins Retirement
Rewirement: Rewiring The Way You Think About Retirement!
The American College
Cryptocurrencies Won’t Replace Currencies: They Will Replace Stock Exchanges


Investment Advisory Services may be offered through Howard Bailey Securities, LLC, a registered investment advisor. Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements. The CLU® mark is the property of The American College, which reserves sole rights to its use, and is used by permission. Howard Bailey Financial is a registered trademark of Howard Bailey Financial. All rights reserved. Howard Bailey does not offer legal or tax advice. Please consult the appropriate professional regarding your individual circumstance. Not associated with or endorsed by the Social Security Administration or any other government agency. 

Read The Transcript