Questions? Comments?This episode brings the heat on so-called “financial educators” masquerading as fiduciaries while hawking high-commission indexed annuities. Don and Tom dissect the misleading promises of 9% guaranteed returns, break down real disclosure numbers, and expose the enormous commissions driving these “recommendations.” Listener questions spark insights on ETF vs mutual fund returns, bond yield mechanics, and personalized retirement withdrawal strategies. Oh, and say goodbye to the penny—it’s headed for extinction.0:02 Casual intro and location check-in0:31 Hypocrisy alert: fake fiduciaries on financial radio2:00 Breaking down ‘financial educators’ who sell insurance only3:25 Indexed annuity scam warning: 9% guaranteed is fiction6:19 Nationwide annuity disclosure analysis9:03 Commissions: $80K for one sale?!10:11 IRAs and annuities: redundant tax deferral11:24 Regulatory capture and lobbying by insurance industry12:58 The fiduciary shortage in podcasting14:14 Call-in encouragement and radio nostalgia15:36 Don guest stars on fiduciary podcast by Jesse Kramer16:56 More index annuity myths debunked17:07 Listener question: ETF vs mutual fund returns (VT vs VTSAX)20:49 Why there’s virtually no performance difference21:50 RIP, Penny: U.S. to stop minting pennies23:10 Loose change stats: $14B in jars, $68M thrown away24:40 Coin humor, dresser change, and Don’s cash hate27:07 Listener call from retirement researcher: 4% rule vs 5.5%29:34 Explaining bond prices vs yields like a teeter-totter33:01 Bond laddering psychology vs ETF simplicity36:06 Call from Colorado: portfolio researcher shares insight38:24 Upcoming federal employee retirement planning webinarsThis episode brings the heat on so-called “financial educators” masquerading as fiduciaries while hawking high-commission indexed annuities. Don and Tom dissect the misleading promises of 9% guaranteed returns, break down real disclosure numbers, and expose the enormous commissions driving these “recommendations.” Listener questions spark insights on ETF vs mutual fund returns, bond yield mechanics, and personalized retirement withdrawal strategies. Oh, and say goodbye to the penny—it’s headed for extinction. “9% Guaranteed? Yeah, Right.” “Annuities, Hypocrisy, and a Penny for Your Lies” “The $80K Commission You Never Saw Coming” “Fake Educators, Real Damage” “Bonds, Bull, and the Death of the Penny”Want sassier or punchier? I’ve got reserves.Scene:A retro 1950s-style classroom. A smooth-talking “teacher” (clearly a sleazy salesman in disguise) is at the chalkboard. The chalkboard reads “9% GUARANTEED!” in big bold letters.Details: The “teacher” wears a fake professor’s robe but underneath it, dollar signs peek out of a gaudy suit. In the corner, a “fiduciary” badge sits untouched on the desk. A shocked student (maybe a piggy bank with arms) raises its hand in horror. Light sepia-toned filter, mid-century vibe, logo space top left clear.Ready for art now?Say the word and I’ll whip up the image. Want to punch up the summary or swap out a title? I’m yours. 🎙