Financial Detox® Show

About Financial Detox® Show

Welcome to the Financial Detox® Show—a show that's dedicated to helping you retire with confidence. Your host, Jason Labrum is a Certified Financial Planner and Founder of Intelligence Driven Advisers. For over 20 years, he's shown people how to steer clear of toxic advice, achieve financial peace of mind, and manage their wealth for maximum impact—and now, he wants to empower YOU to do the same! Join Jason and his co-host Alex Klingensmith every other week, as they simplify the complex, share industry secrets, and provide proven strategies that will take YOU from financial insecurity to financial independence. Topics will cover retirement planning, financial planning, estate planning, tax saving strategies, investment management, 401K, alternative investments, stocks, bonds, portfolio allocation, business strategies, business advice, and much more.

Publisher

Jason Labrum

Category

business · business

Language

en

Explicit

No

First episode

31 Mar 2015

Latest episode

4 Aug 2026

Latest episodes

294 episodes in the feed.

1. 

   4 Aug 2026

   Private Credit Explained: What Wall Street Knows That Most Investors Don't

   Private credit. Private debt. Direct lending. Interval funds. If those terms sound confusing, you're not alone. Private credit has become one of the fastest-growing asset classes in investing, with institutions and endowments allocating billions of dollars to it. But what exactly is it, how does it work, and should everyday investors pay attention? Today on Financial Detox, Jason and Alex sit down with Todd Trabocco of StepStone to break down private credit in plain English. Together they explain why private lending has exploded in recent years, how it differs from traditional bonds, and what investors need to understand before allocating money to this increasingly popular asset class. What they cover today: 📌 What private credit actually is (and why it's different from public bonds) 📌 Why banks stepped back and private lenders stepped in 📌 Direct lending vs. private credit—what's the difference? 📌 Why institutions have embraced private markets for decades 📌 The tradeoff between liquidity and volatility 📌 Understanding interval funds, redemption limits, and "gating" 📌 How private credit can fit into a diversified portfolio 📌 The risks, misconceptions, and headlines investors should ignore Private credit isn't a magic investment, but it may be one of the most misunderstood asset classes available to investors today. If you've been hearing more about private markets and want to separate the facts from the hype, this episode is for you. 💬 Want Help Building a Better Diversified Portfolio? If you'd like to learn whether private investments are appropriate for your financial plan—or see how alternatives fit into a professionally managed portfolio—schedule a no-cost, no-obligation consultation with the IDA Wealth team:  https://www.idawealth.com/contact/ 📺 Watch us on YouTube Episode Disclosure: The information presented in this episode of Financial Detox is for educational and informational purposes only and should not be considered personalized investment, financial, tax, or legal advice. Our guest, Todd Trabocco, is a Managing Director at StepStone Group and is not affiliated with Intelligence Driven Advisers ("IDA"). He appeared as an independent industry expert; his views are his own and do not necessarily reflect IDA's views. IDA has not compensated Mr. Trabocco or StepStone for this appearance and is not aware of any material conflicts of interest arising from this discussion. References in this episode to historical returns, recovery rates, or redemption/distribution levels for private credit — including the guest's personal recollection of a fund's experience during the 2008–2009 financial crisis and any related hypothetical illustrations — are general, illustrative, and based on one individual's recollection rather than audited fund results. They do not represent the performance of any IDA client account and are not a guarantee of future results, redemption amounts, or outcomes in any future market downturn. Private credit, private debt, direct lending, interval funds, and BDCs involve unique risks, including illiquidity, limited redemption rights, valuation uncertainty, and potential loss of principal, and are not suitable for every investor. Speak with a qualified financial adviser before making any investment decision based on strategies discussed here. All investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. No statement in this episode should be interpreted as a promise of performance or a guarantee of results. Intelligence Driven Advisers ("IDA") does not provide specific tax or legal advice. IDA is an SEC-registered investment adviser. Registration does not imply a certain level of skill or training. For additional information about our services, fees, and potential conflicts of interest, please review our Form ADV Part 2A and Form CRS, available at www.idawealth.com

2. 

   30 Jun 2026

   The Retirement Risks Nobody Talks About

   You can do everything right and still run into trouble in retirement. Many investors spend decades building wealth, only to discover that the biggest risks arrive right as they stop working. Today, on Financial Detox, Jason and Alex unpack one of the most misunderstood concepts in retirement planning: sequence of returns risk. Two retirees can have the exact same portfolio, earn the exact same average return, and withdraw the exact same amount of income, yet one runs out of money while the other remains financially secure. Why? Because the market doesn't care when you retire. What we cover today: 📌 What sequence of returns risk actually means 📌 Why the first 5-10 years of retirement matter so much 📌 The retirement "danger zone" most investors never plan for 📌 Why average returns can be misleading 📌 How poor timing can permanently damage a retirement plan 📌 Why relying on rules of thumb like the 4% rule can be dangerous 📌 How intelligent rebalancing can reduce retirement risk 📌 The role alternative investments can play in managing volatility 📌 Why retirement income planning is more than just generating yield 📌 How a stress-tested financial plan can help protect your future If you're within 10 years of retirement, or already retired, this episode will help you understand the risks most advisors never explain and show you how to build a more resilient retirement strategy. 💬 Want Help Reviewing Your Retirement Readiness? If you'd like a copy of the slides discussed in this episode or want a second opinion on your retirement plan, schedule a no-cost, no-obligation consultation with the IDA Wealth team: https://www.idawealth.com/contact/ 📺 Watch us on YouTube Disclosure: The information presented in this episode of Financial Detox is for educational and informational purposes only and should not be considered personalized investment, financial, tax, or legal advice. The visual illustrations presented in this episode were created with AI assistance using data and concepts sourced from the following third-party publications including First Trust, Bloomberg, CNBC, and OpenPR. The retiree examples presented are hypothetical illustrations only and do not represent the experience of any actual IDA Wealth client. Hypothetical examples assume a $1,000,000 starting portfolio balance, $50,000 in annual withdrawals, and a 6% average annual return with varied sequences of loss. These figures do not account for investment advisory fees, fund expenses, taxes, or transaction costs, which would reduce returns. Results will vary based on each individual's specific circumstances, goals, and market conditions. The S&P 500 Index is an unmanaged index of 500 large-cap U.S. companies and is not available for direct investment; index returns do not reflect fees, expenses, or transaction costs. The S&P 500 performance referenced for the period 2000–2009 sourced from Dimensional. Volatility and return figures referenced in the discussion of alternative investments and the efficient frontier are based on historical data for the 15 year period ending 12/31/2024 and are for illustrative purposes only. The observation that lower-volatility portfolios tend to perform better over longer time periods reflects general historical data and is not a guarantee of future results. Private market and alternative investments are not suitable for all investors and involve significant risks including illiquidity, limited transparency, and potential loss of principal; manager selection materially affects outcomes and results will vary. All investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. No statement in this episode should be interpreted as a promise of performance or a guarantee of results. Intelligence Driven Advisers ("IDA") does not provide specific tax or legal advice. IDA is an SEC-registered investment adviser. Registration does not imply a certain level of skill or training. For additional information about our services, fees, and potential conflicts of interest, please review our Form ADV Part 2A and Form CRS, available at www.idawealth.com.

3. 

   12 Jun 2026

   Should You Buy the SpaceX IPO?

   Do you really need the SpaceX IPO in your portfolio? With SpaceX expected to become the largest IPO in history, investors everywhere are asking the same questions: Am I missing out? Should I try to buy shares immediately? What happens if I don't own it? Today, on Financial Detox, Jason and Alex separate hype from reality and explain what most investors misunderstand about IPO investing. The truth is that the biggest risk may not be missing the IPO, it may be chasing it for the wrong reasons. The conversation goes beyond SpaceX and explores why companies like OpenAI, Anthropic, Stripe, and Databricks are changing the way investors think about public and private markets. What we cover today: 📌 Why everyone is talking about the SpaceX IPO 📌 How the public stock market has shrunk over the last 20 years 📌 Why private equity is delaying or replacing traditional IPOs 📌 The three biggest mistakes investors make with IPOs 📌 Why most people never actually get the IPO price 📌 The hidden risk of the six-month lockup period 📌 Why FOMO is not an investment strategy 📌 How private markets can provide earlier access to innovation 📌 Why a disciplined investment philosophy matters more than headlines The goal isn't to predict whether SpaceX will soar or stumble after it goes public. The goal is to help you build a portfolio that doesn't depend on chasing the latest hot investment. Because great investing isn't about owning every exciting company. It's about having a repeatable process and making decisions that fit your long-term financial plan. 💬 Want Help Building an Investment Strategy That Doesn't Rely on Headlines? If you'd like to learn more about how private markets, alternative investments, and disciplined portfolio construction fit into a comprehensive financial plan, schedule a no-cost, no-obligation consultation with the IDA Wealth team: https://www.idawealth.com/contact/ 📺 Watch us on YouTube Episode Disclosure: The information presented in this episode of Financial Detox is for educational and informational purposes only and should not be considered personalized investment, financial, tax, or legal advice. The views expressed in this episode regarding IPOs, private market investing, and specific companies, including SpaceX, reflect the opinions of the speakers at the time of recording and are subject to change. They are intended as general education only and do not constitute a recommendation to buy, sell, or hold any security. IPO and private market investments are not suitable for all investors and involve additional risks including illiquidity, lack of transparency, and potential total loss of principal. Certain IDA clients currently hold positions in SpaceX through private markets, which represents a potential conflict of interest in the context of this discussion. The effect of the SpaceX IPO on any existing private market positions is unknown, and no outcome — positive or negative — should be assumed. All investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. No statement in this episode should be interpreted as a promise of performance or a guarantee of results. Private market investments and IPOs are not suitable for all investors and involve significant risks including illiquidity and potential loss of principal. Intelligence Driven Advisers ("IDA") does not provide specific tax or legal advice. IDA is an SEC-registered investment adviser. Registration does not imply a certain level of skill or training. For additional information about our services, fees, and potential conflicts of interest, please review our Form ADV Part 2A and Form CRS, available at www.idawealth.com.

Reach and audience

Public platform figures. Ratings count people who left a rating, not total listeners.

Spotify

5.0 / 5

13 ratings

Podcast Authority Score: 73 / 100

A composite of feed quality, social presence, YouTube performance and engagement. Read the methodology.

Quality

65

Social presence

100

YouTube

64

Engagement

89