The Importance of Diversifying Wealth and Estate Plans

Buried in Work Podcast

In this insightful episode of the Buried in Work podcast, host Adam Zuckerman interviews Timothy Clifford, founder of Core Wealth Consultants and a certified financial planner, who shares his decades of expertise in wealth management and estate planning. From his early career on the Chicago Mercantile Exchange to developing the innovative tool, Plan Assist, Tim has helped countless individuals build sustainable wealth. Tim discusses the essential differences between making money and accumulating wealth, key financial decisions that impact long-term success, and how proper estate planning simplifies end-of-life tasks.

Discover the importance of living within your means, maximizing your 401(k), seeking counsel, and diversifying assets for a secure financial future. Tim provides practical, actionable insights for those looking to take control of their financial destiny. Plus, he shares how his Plan Assist tool can guide you through building a wealth strategy that stands the test of time. Whether you're just starting or are well into your financial journey, this episode has something valuable for everyone.

Key Takeaways:

• From Trading to Wealth Management: Tim’s journey from the Chicago Mercantile Exchange to founding Core Wealth Consultants.

• Key Financial Decisions: The difference between earning money and building wealth.

• Plan Assist: Tim’s tool to help individuals simplify their financial planning and estate management.

• Living Within Your Means: Why financial discipline is crucial to long-term wealth.

• Diversification: More than just stocks—diversifying income streams and tax liabilities for a secure retirement.

• Seek Counsel: How both informal and formal counsel can impact your financial success.

Show links:

• Check out Tim’s Plan Assist tool and download his free guide at https://www.planassist.com/

• Visit Buried in Work for more episodes and resources at https://buriedinwork.com/