Scott Leibfried's grandfather sold the family business at 60 with more money than he'd ever seen. He was generous, he lived long, and he ran out. That story is why Scott has spent 28 years in wealth management — and it's why he wrote Climbing Wealth. Episode Summary In this episode, Gabe sits down with Scott Leibfried, a Midwest-based financial advisor with 28 years of experience, to explore the parallels between mountain climbing and financial planning. From the moment Scott summited Long's ...

The Influential Advisor

Paul G. McManus and Gabe McManus

106: Scott Leibfried: What Climbing Wealth Taught Me About the Retirement Red Zone

JUN 2, 202627 MIN
The Influential Advisor

106: Scott Leibfried: What Climbing Wealth Taught Me About the Retirement Red Zone

JUN 2, 202627 MIN

Description

Scott Leibfried's grandfather sold the family business at 60 with more money than he'd ever seen. He was generous, he lived long, and he ran out. That story is why Scott has spent 28 years in wealth management — and it's why he wrote Climbing Wealth.Episode SummaryIn this episode, Gabe sits down with Scott Leibfried, a Midwest-based financial advisor with 28 years of experience, to explore the parallels between mountain climbing and financial planning. From the moment Scott summited Long's Peak without a guide and couldn't wait to get back down, to guiding clients through the retirement red zone, this conversation is full of practical lessons about what it takes to navigate the second half of your financial life. Listeners will walk away with a clearer picture of what a real advisory team looks like, what triggers people to finally get serious, and why the descent matters just as much as the climb.About Scott LeibfriedScott Leibfried is a financial advisor and wealth manager with 28 years of experience, based in the Midwest. He grew up in eastern Iowa working in his family's agricultural business and attended the University of Northern Iowa before entering the financial services industry. Over his career, Scott has built a multi-generational, multi-specialist advisory team focused on financial planning, investment management, tax strategy, and estate planning. He is the author of Climbing Wealth, which draws on his experiences summiting mountains including Mont Blanc, the Grand Teton, and Grand Paradiso to illustrate the decisions that define financial success.What We CoverHow Scott's grandfather selling the family business became the origin of his entire career — and what two small decisions would have changed everythingThe shift from a commission-driven industry to a planning-first model, and why it matters for clients todayWhat happened on Long's Peak without a guide that convinced Scott to never climb — or advise — alone againThe retirement red zone: the five years before and after retirement when the most consequential financial decisions get madeWhy a real advisory team is built across generations and specialties, not just people sharing a copierThe story of a client who retired at 58 against one advisor's advice — and used those five years before his death to live fullyResources MentionedClimbing Wealth by Scott Leibfried — available on AmazonConnect with Scott LeibfriedEmail: [email protected] the show