(#69) Your 401k Shouldn't Become a 201k - Let's Fix That with Mike Milligan

Squad, we are talking about money today. Your money. Your next chapter. Your plan. And I brought in the guy who makes this stuff actually make sense — without the intimidation, without the jargon, and without making you feel behind. This conversation is going to fire you up in ways you did not expect from a money episode. Meet Mike Milligan: He's a certified financial planner, fiduciary, founder of Ideas by Mike and One Oak Financial, and author of The One-of-a-Kind Financial Plan. Mike has spent 30 years helping people turn financial chaos into a real plan — and he lives in Puerto Rico because taxes are THAT big of a deal to him. Yeah. He's that good. 💸 🎉 This episode is brought to you by Cozy Earth. Squad, our friends at Cozy Earth are hooking you up — use code MELIS at cozyearth.com for up to 30% off now through June 1st. And make sure to mention Now What?! in the post-purchase survey so they know we sent you. 😌 🔥 IN THIS EPISODE WE GET INTO: 💸 Why money is just a tool — and how shifting that mindset changes everything about how you earn, save and spend 🏠 The $10,000 gift that could give your kids $500,000 in equity — and why giving money NOW beats leaving an inheritance later 🧾 The Augusta, Georgia tax hack that lets you rent your home tax-free — and yes, it applies to YOU too 😴 The "sleep meter" approach to financial risk — and why there's no one-size-fits-all answer for midlife investing 📖 Why your first memory of money is running your financial life right now — and what to do about it 💥 PLOT TWIST TAKEAWAY Your financial plan shouldn't be built around a spreadsheet. It should be built around your life — your why, your goals, your laundry preferences. 😄 It's never too late to get this right. And the cost of NOT having a plan is always higher than the cost of getting one. Because midlife isn't a crisis — it's a plot twist. xoxo melis 🔗 Connect with Mike Milligan: 🌐 mikemilligan.com 📚 The One-of-a-Kind Financial Plan — available on Amazon. Search "Mike Milligan One of a Kind Financial Plan" Instagram: https://www.instagram.com/1oakfinancial/ Website: https://1oakfinancial.com/ LinkedIn: https://www.linkedin.com/in/mikemilligancfp/overlay/about-this-profile/ ⭐️ Loved this episode? Leave a 5-star review ONLY (we're not accepting anything less, respectfully 😌) 👉 RateThisPodcast.com/nowwhatwithmelis 📸 @motivatewithmelis ▶️ @NowWhatPodcastwithMelis 🎵 open.spotify.com/show/0MbAB2rFGYnUijWehLtN4C 🎙️ podcasts.apple.com/us/podcast/now-what/id1828005485 🌐 motivatewithmelis.com 📧 info@motivatewithmelis.com