Confusion Costs, Confidence Leads: Financial Clarity for Entrepreneurs | Going Forward 112

Confusion Costs, Confidence Leads: Financial Clarity for Entrepreneurs | Going Forward 112

From Going Forward by Eric Elliott

October 21, 2025 · 48 min · Episode 112

About this episode

Eric Elliott and Michael Scarpati discuss the importance of financial clarity and the impact of financial stress on overall wellness.

In episode 112 of Going Forward, Eric Elliott is joined by Michael Scarpati, co-founder and CEO of RetireUS, to expose the hard truths behind financial planning today. From the myth of “set it and forget it” retirement accounts to the hidden toll of financial stress, he explains why doing nothing may be the most dangerous decision of all. Together, they unpack why 85% of financial professionals aren’t required to act in your best interest, how trust in big-name institutions can leave families vulnerable, and why financial wellness is really a form of mental wellness. As Michael shares, financial stress doesn’t stay in your bank account, it bleeds into your health, relationships, and leadership. Eric and Michael dive into how fintech is opening access for the 98%, how independent fiduciaries are reshaping trust, and why clarity with money is the key to leading with confidence in uncertain times. Whether you’re early in your career, preparing for retirement, or leading a business through chaos, this conversation will give you the clarity to stop "crockpotting" your future and start planning it with intention. Connect w/ Eric Elliott: Website: https://ericelliott.com/ ⁠⁠⁠…

People in this episode

Host: Eric Elliott

Guest: Michael Scarpati

Topics covered

  • financial planning
  • entrepreneurship
  • financial wellness
  • mental wellness
  • fintech
  • trust

Keywords

  • financial planning
  • retirement accounts
  • financial stress
  • fiduciaries
  • fintech
  • mental wellness
  • entrepreneurs

Mentioned in this episode

Organizations: RetireUS

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