Kelly Financial: Saturday, August 23, 2025

Episode Transcript

Speaker 1 (00:12):
This is coming to us, So ladies and gentlemen, welcome
to Safe Money Strategies on WRKO. I'm William Kelly and
it's an honor to carry on a family legacy rooted
in real world values and practical advice. Kelly Financial was
founded in two thousand and three by my parents, my

(00:34):
late father Bill Kelly and my mother Kelly Kelly and
Braintree and Burlington, Massachusetts. Just two years later, Dad launched
Safe Money Strategies on WRKO as a no nonsense callin
radio show focused on common sense planning and protecting wealth.
Over the past two decades, Dad became a pillar in
New England finance, an engineer, turn entrepreneur, author and philanthropist

(00:56):
who believed in giving back and walking the talk. Since
twand and five, our show has remained a Saturday morning staple,
offering insight and empowerment. Here at Kelly Financial, we help
steward over seven hundred million dollars across our affiliated business,
including more than five hundred million dollars managed by our
sec registered investment advisory or fiduciary care, and our family

(01:18):
first philosophy guides us on safe money strategies. You'll hear
candid conversations with the team, my mother Kelly, myself, advisors
Charlie Gable, Mike Ducett, Greg Workman, Greg Murray, my sister
Mary Madeline, and Tom Schlager. We live by two rules,
never quit and carry on, and we're here to help
you do the same when it comes to your money.

(01:39):
Stick around, take notes and join the conversation. To learn more,
or get our free guides or schedule a consultation, visit
Kelly Financial dot org or call us at eighty eight
eight eight hundred one eight eight one.

Speaker 2 (01:51):
This is Safe Money Strategies.

Speaker 1 (01:53):
Next up Forever Young with Kelly Kelly and myself William
Kelly Junior.

Speaker 3 (02:03):
Safe Money Strategies with William Kelly and Kelly Kelly eight
hundred eighteen eighty one.

Speaker 4 (02:17):
Each week on Safe Money Strategies, we take a moment
to step back from the headlines and have a real conversation,
the kind you might have around the kitchen table. This
is a part of the show we call Forever Young.
It's where I sit down with my son, William Kelly Junior,
and we talk about life, what's going on in the world,

(02:40):
in our family, and what really matters most when you're
planning for the future. Sometimes is light, sometimes is thoughtful,
but it's always real. Good morning, William, how are you.
Good morning, Mom. It's very good to be with you
this morning. And it's been a very successful week. We've

(03:00):
got a lot of things done and I think I
want to share a little bit about what we've done.
So my life has just been continuing powerlifting.

Speaker 1 (03:09):
I've continued my training. Life has been really good, and
that respect. On the athletic side, Georgia has been doing
really well athletically. She recently had an injury, but she's
getting past it. Ladies and gentlemen. She was injured. I
think she pulled a muscle in her leg. But luckily
she's a very tough girl, as she is a smart girl,
and she is recovered slow to rankings down. It did

(03:33):
slower rankings down, but you know, we'd rather rest and
recover and then come back.

Speaker 5 (03:37):
Absolutely absolutely.

Speaker 1 (03:39):
As the season kind of comes to a close of
the summer, I'm sure a lot of use went.

Speaker 2 (03:47):
My mom is an example.

Speaker 5 (03:48):
I ass I'm dreading it. I'm not dreading it.

Speaker 1 (03:51):
She knows what I'm going to say too, because we
talked about this before starting the show, and as the
summer comes to a close, we need to close the pool,
and especially whenever early fall comes around and you know,
as you know, till the end. Yeah, oh yeah, So
we need to change the form of exercise that we're doing. Luckily,
ladies and gentlemen, there's a place very close to where

(04:15):
we live and they work with all kinds of people
at all ages. And in fact, the coach that will
be coaching my mom was also my pre K teacher
who lives in my father's childhood home. What are the chances,
ladies and gentlemen. Every pretty awesome? It is absolutely awesome.

(04:36):
Everything's coming full circle. I think that's a blessing. I
think God had to do that. I think that was
God's plan. And my mom will be lifting weights with
her son in the same William. Now she will not
be lifting free weights like I do. She'll have to
ease up to it with machines and everything.

Speaker 5 (04:53):
But forced in did they ask?

Speaker 1 (04:55):
She doesn't have an option. Ladies and gentlemen call that
parental abuse.

Speaker 2 (04:58):
I don't care.

Speaker 6 (05:00):
Is that parent So William, let me let me give
you you.

Speaker 5 (05:04):
All a little more context here.

Speaker 4 (05:06):
So William is he brought home the brochures he has
been talking.

Speaker 2 (05:11):
About this for months, months, forever years.

Speaker 5 (05:15):
Maybe I think a year.

Speaker 1 (05:17):
Maybe I've been in communication with my preschool teacher. She
has we'll call her Oh, that's her code name for
her privacy, so oh and I have been in conversations
back and forth and oh.

Speaker 5 (05:29):
You're when you were like four years old, you called
her missus.

Speaker 1 (05:32):
Oh that's true, but we're not going to say missus oh,
because you know, but you know, we we would go
back and forth and I would say, Hey, I want
to I want to nudge my mom, you know, to
kind of like work out with you. And you guys
are kind of very similar conditions. You guys are both
kind of like but both similar age, you know, both

(05:53):
similar types of people.

Speaker 2 (05:55):
And she also had a knee surgery like you. So
it's like she has kind of.

Speaker 1 (06:01):
Been through some of the same things and she gets
your body, she gets you, which is awesome. And I
think it's really cool that they're really close by and
it's a whole community of people. But ladies and gentlemen,
what I'm trying to say is, you know, if you
can't swim, or if you can't walk outside, find another
form of exercise, because walking, walking, is really important. Walk

(06:24):
as much as you can. People who stand for at
least twelve hours a day, they protect their brain so
unbelievably much compared to what about people who like, let's.

Speaker 4 (06:36):
Just say people who get on a cybex, they get
on a treadmill.

Speaker 1 (06:40):
People who get on a cybex or a treadmill. That's good,
but it's not enough. That's cardiovascular or a bike. A
bikeationary only cardiovascular. You need to focus on strength training
and muscle building because that actually prevents and helps with
certain conditions such as diabetes and sol and resistance blood

(07:01):
sugar spikes. Because the more muscle you have absorbs more glucose,
more sugar.

Speaker 2 (07:06):
It prevents cancer. Doesn't completely prevent cancer, but it's strong.
It is.

Speaker 1 (07:12):
One of the best preventative measures you can ever take
to prevent a cancer is muscle mass. One of the
best preventative measures you can take to surviving cancer is
muscle mass. That's a scientific, verifiable fact. I feel free
to look up what I'm saying. I'm not trying to
lie to anybody here. Strength training and muscle building are
some of the best things you can do, and you

(07:32):
can start at any age and if you can't say,
do a back squat deadlift for a bench press with freeway.
I understand that's that may be seen as extreme to some.
There are other barriers of entry or other methods of entry,
like machines.

Speaker 2 (07:48):
Band bands are good.

Speaker 1 (07:51):
But they don't challenge you in the way that weights
do because bands are too easy, and then they become
too easy and there's no point. So I mean, obviously,
seek a health professional, seek a fitness trainer.

Speaker 2 (08:03):
That is the best thing you can do, ladies and gentlemen.

Speaker 1 (08:06):
But the science is coming out that weight training is
one of the best things you can do for your body.
And you're and if it won't hurt you, and if
it's okay for you to do and it's appropriately I
really mean this with the best intention. Obviously, if you
truly can't do it, there are other forms of exercise,
don't worry about it. But if you're able to do it,
I highly recommend you get into weight training. I've seen

(08:26):
it now my powerlifting competition. Whenever I became a state
record holder, there was a gentleman named Paul with a big,
bushy beard, kind of looked like Santa Claus.

Speaker 5 (08:38):
And I remember him.

Speaker 2 (08:40):
He had a little bit of a potbelly.

Speaker 1 (08:41):
Yeah, he was very sad to like he and honestly great, great,
really really pleasure to meet him. Nice guy. And he
was seventy four years old, and ladies and gentlemen, I'll
tell you how much he lifted. He deadlifted I think
over four hundred pounds or at least close to he
backsquatted I think three hundred and eighty five pounds, and
he bench pressed over two hundred pounds at the age

(09:03):
of seventy four. And I asked him, I said, Paul,
how long have you been doing this? And he said,
I started in my sixties. There you go. You think
that there it's impossible, ladies and gentlemen, but truthfully, it's not.
If you do it properly, you do it safely. Over time,
as long as you keep challenging yourself and getting stronger
and stronger, you'll end up achieving some great results.

Speaker 2 (09:22):
So I'm getting my mom started.

Speaker 4 (09:24):
Honestly, William, I do not see me going into a
gym in weight training.

Speaker 5 (09:30):
I just I cannot visualize.

Speaker 4 (09:31):
I'm going to be completely transparent, honest with you, and
we're going to change that image.

Speaker 5 (09:37):
We will see.

Speaker 1 (09:38):
I was the same way when I started weightlifting, I
didn't see myself going into a gym because I was
a small kid. I was one hundred and forty five
pounds ladies and gentlemen, and I was a skinny kid
and I was as thin as paper at that time
of my life, and I just didn't see myself working
out with the big dogs type of thing. The gym

(09:59):
is not about how you look. It's only about you.
It's a tool. It is a tool that you use
to craft your own body. And it's also it can
be a culture if you'd like it too. But if
you'd like it to be a private experience, you can.
You can just put on headphones and ignore everybody and
be cordial. And I think there's been a lot of misinterpretation.
I think there's been a lot of fads. I think
there's been a lot of taboo things like women don't

(10:20):
have to work out, or shouldn't. Women absolutely should work out,
they absolutely should weightlift. Absolutely.

Speaker 2 (10:27):
It's like this.

Speaker 4 (10:27):
I know, I agree about the working out, and I'm
just not sure about the.

Speaker 1 (10:35):
Weight training because it's been considered taboo. But the science
says otherwise. So I recommend ladies and gentlemen, you go
on Google and do some searching yourself, but come to
your own conclusions about it. Truthfully, I recommend because when
you look it up and see the science yourself, you'll
be like, oh wow, he has a point. So I
think the feeling of I don't belong here is temporary.

Speaker 5 (10:56):
I don't know why I've been so resistant.

Speaker 4 (10:58):
Plus, I will say my primary care was not in
agreement completely about.

Speaker 1 (11:04):
Weightlifting, which is shocking to me, and I disagree with him,
though I'm not taking away his credibility as a doctor.

Speaker 2 (11:13):
He is a very intelligent person.

Speaker 1 (11:15):
The weightlifting he's most likely thinking about is the heavy
one where you hurt yourself, and that is something that
is an image that most people have been given from cartoons,
from looking at Olympic athletes. But truthfully, that's not how
it works. You gradually increase, you start light, and then
you add challenge. I've seen how it can change people's lives.
Exercise is an amazing thing, and it wakes your brain up,

(11:38):
it gives you energy, it releases endoor fins. Your quality
of life gets better. And strength training in particular is
one of the most successful things. And I think cardiovascular
like running walking, cycling, cybex all that stuff like elliptical
those have their place in a different respective field like
heart health and longevity and all that stuff. Well, strength

(11:59):
training also caused longevity as well, So they work hand
in hand and they achieve different goals. So it's really
dependent on what you're This is kind of like fine,
it's it's dependent on what your goals are and what
kind of agenda you need to set up and what
kind of plane you have for your body.

Speaker 2 (12:14):
Because it's not too late.

Speaker 1 (12:16):
I just told you about Paul the gentleman who who
I you know, competed or not competed against, but but
we pretty much lifted together because we were in different
ages and weight classes.

Speaker 2 (12:26):
We weren't competing against each other.

Speaker 1 (12:28):
I kind of realized that, Wow, you could start quote
unquote late and go somewhere extraordinary. So I I just
want to share that. Ladies and gentlemen take it with
a grain of salt. But mom, you'll you have no choice.
You're going to the gym with me.

Speaker 4 (12:43):
You're gonna have a lot of well, yeah, well I've
been resistant for quite a while and we'll see my
days of swimming is you know, four to five months.

Speaker 5 (12:54):
I think you'll love it, and that's it.

Speaker 2 (12:55):
I think you'll choose. I think you'll definitely want.

Speaker 5 (12:58):
I get a lot of steps in every day.

Speaker 2 (13:00):
But that's good.

Speaker 5 (13:01):
I'm not on board.

Speaker 4 (13:02):
Yet, but we'll see. You know, maybe I'll give it
a shot. Do keep us on your dial. We've got
a lot of great content coming your way. Mike dust
and Greg Workman will explain why working in retirement isn't
just about income, It's about purpose and peace of mind. Mary,
Madeline Kelly and Greg Murray will clear the confusion on

(13:25):
roth versus four A one K which one makes the
most sense for you. I will be back with William
and together we'll talk about weaving financial security and family
memories into a legacy that lasts for generations. And of
course we'll close the hour with some wit and wisdom
from the late Bill Kelly. His words continue to inspire

(13:49):
and guide us. That's a wrap for forever, Young Thank
you for listening, and William, thank you for joining me.

Speaker 5 (13:57):
I love you, Honey, I love you Mom.

Speaker 7 (14:07):
I'm John Boudris and welcome to a new edition of
Kelly Financial's What would Bill Say? The wit and wisdom
of the late Bill Kelly who today tests time time.

Speaker 8 (14:17):
You don't have as much left today as you had yesterday.
It's the rule of science. When's the best time to
plant a tree twenty years ago? When's the second best
time to plant a tree? Tomorrow? Today? Whenever you can
get to it, that's the next best time.

Speaker 7 (14:32):
There's no time like the present to begin saving, planning,
and enjoying retirement. So download our consumer guide simply called
a Happy Retirement and find six secrets of how you
can spend your time to cultivate happiness and a retirement
well lived. Go to Kellyfinancial dot Org or call eight

(14:53):
eight eight eight hundred eighteen eighty one to spend some
time with one of our financial advisors.

Speaker 2 (14:59):
Time, gentlemen, it's not too late.

Speaker 7 (15:01):
We are Kelly Financial. Come retire with us.

Speaker 3 (15:06):
Safe money strategies brought to you by Kelly Financial Services.
Call eight eight eight hundred eighteen eighty one. We'll go
to Kelly Financial dot Org. Come retire with us.

Speaker 9 (15:22):
Okay, my friends, let me tell you about Kelly Financial Services. Folks,
saving money isn't flashy, but you know what is freedom?
Peace of mind. So if you're heading into retirement without
an emergency fund, you're asking for trouble. Life will hit
you with roof repairs, medical bills, car breakdowns, and if

(15:43):
you're not ready, that stress can crush you. That's why
you need to reach out to Kelly Financial Services. They
have helped thousands of people retire with confidence and they
can help you as well. Their free investor guide Don't
Let Healthcare Expenses Derail your Retirement tells you exactly what
Medicare covers, what it doesn't, and how to plan for

(16:04):
those rising costs like prescriptions, long term care, dental and vision.
No fluff, just straight talk, real strategies to protect what
you've worked so hard for. So call now eight eight
eight eight hundred eighteen eighty one, ask for your free
copy today, or email Kelly at Kelly Financial dot org.

(16:27):
Kelly at Kelly Financial dot org.

Speaker 10 (16:32):
Welcome back to Safe Money Strategies, the weekend show where
we help you take control of your financial future and
approach retirement with clarity and confidence. I'm Mike Duscett, chief
operating officer here at Kelly Financial Services.

Speaker 11 (16:46):
And I'm Greg Workman, investment advisor at Kelly Financial. It's
always a pleasure to be here with you, Mike, and
I think Today's topic is going to resonate with a
lot of our listeners.

Speaker 12 (16:57):
No question, Greg.

Speaker 10 (16:58):
Today we're talking about something that we see more and
more in our office, people either planning to work during
retirement or at least seriously considering it. And we're not
just talking about necessity. A lot of folks want to work.
They want to stay active, keep busy, and yes, supplement
their retirement income.

Speaker 11 (17:18):
Exactly the traditional view of retirement, where you stop working
completely the day you turn sixty five and sail off
into the sunset, Well that's changing. Today's retirees are living longer,
staying healthier, and approaching retirement as more of a transition
rather than an endpoint.

Speaker 13 (17:36):
Right.

Speaker 10 (17:36):
In many cases, working during retirement can be a really
smart financial move, but it's not without its trade offs
and define print, especially when it comes to social Security, taxes, pensions,
and healthcare.

Speaker 11 (17:50):
So today we're going to unpack all of that, the pros,
the cons and the questions you should be asking if
you're considering working during your retirement year.

Speaker 10 (18:00):
Let's start with the most obvious question, why would someone
even want to work in retirement?

Speaker 11 (18:06):
Well, the obvious answer is financial. Even if you've saved diligently.
Adding a little earned income in retirement can give your
portfolio more time to grow and reduce the pressure on
your savings. For a lot of people, it's not about
making six figures again, it's about creating flexibility and peace

(18:28):
of mind.

Speaker 10 (18:28):
Absolutely. And let's look at a hypothetical example. Suppose you
retire with a nest egg of one million. You want
to maintain eighty percent of your pre retirement income, So
in this example, that's about one hundred and twenty thousand
a year. That's ten thousand per month.

Speaker 11 (18:44):
Now, let's say you're receiving two thousand a month from
Social Security. That means you'll need to withdraw eight thousand
a month from your savings.

Speaker 13 (18:53):
To meet your income needs.

Speaker 10 (18:55):
At that withdrawal rate, and assuming a six percent annual return,
could last about sixteen years, which might not be long
enough if you're retiring in your early to mid sixties.

Speaker 11 (19:07):
But if you decide to work part time and bring
in just three thousand a month for a few years,
maybe as a consultant, freelancer, or working in a field
that you enjoy, that changes the math entirely.

Speaker 10 (19:21):
Now you're only withdrawing five thousand a month. Instead of eight.
With that adjustment, your savings might stretch twenty one or
even twenty six years, depending how long you continue earning
that income.

Speaker 2 (19:32):
That's a big deal, and of course these are just examples.

Speaker 11 (19:35):
They don't account for inflation, taxes, or fees, but they
highlight the core idea working just a few extra hours
or even part time, can dramatically reduce your withdrawal rate
and extend longevity of your portfolio.

Speaker 10 (19:50):
And beyond the dollars and cents, a lot of folks
tell us they simply aren't ready to stop working altogether.
They like staying active, having a routine, connecting with people.
In some case they find a whole second act.

Speaker 11 (20:02):
I think that's something More and more people are realizing
retirement isn't just a financial event. It is a lifestyle change,
and for some it can be a tough transition.

Speaker 12 (20:13):
Very true.

Speaker 10 (20:14):
We've had clients who retire on a Friday, take the
weekend off, and by Tuesday.

Speaker 12 (20:19):
They're asking themselves what now. It's not uncommon.

Speaker 11 (20:22):
Working even part time can give people structure, purpose and
a sense of community, and it doesn't have to be
what they did before. We've had clients who became part
time teachers, volunteers, golf course rangers, even starting a small
business they always dreamed about.

Speaker 13 (20:40):
Right.

Speaker 10 (20:40):
One client of mine worked in it for over thirty
five years, then in retirement, started working two days a
week at a local wine shop just for fun. Totally
different pace, totally different environment, and he loves it, says
it gives him a reason to get up and interact
with people.

Speaker 11 (20:55):
That kind of story isn't unusual anymore. People are living
longer and they're healthier. Working during retirement isn't a fallback anymore.

Speaker 13 (21:05):
It's a part of the plan.

Speaker 10 (21:06):
Now, let's talk about some of the fine print, and
let's start with Social Security, because this is where a
lot of people get tripped up.

Speaker 11 (21:13):
Yeah, there are a lot of rules and they aren't
always intuitive, so let's keep it simple. If you've already
reached full retirement age typically between sixty six and age
sixty seven, depending upon the year of your birth, you
can work and earn as much as you want. Your
benefit will not be reduced.

Speaker 10 (21:32):
But if you stop collecting benefits before full retirement age
and keep working, then your earnings can temporarily reduce your
Social Security payments.

Speaker 11 (21:42):
In twenty twenty five, if you're under your year leading
up to full retirement age, you can earn up to
twenty three four hundred dollars without penalty. If you earn
more than that, Social Security will withhold one dollar in
benefits for every two dollars year earn over the limit.

Speaker 12 (22:01):
Greg and I need to take a quick break.

Speaker 10 (22:03):
Still ahead, we're going to walk through the impact on pensions, taxes,
and healthcare coverage, three big areas that could affect your
retirement bottom line.

Speaker 12 (22:13):
So stick around.

Speaker 10 (22:14):
We'll be right back after this quick break.

Speaker 3 (22:20):
Kelly Financial Services eight hundred eighteen eighty one.

Speaker 10 (22:26):
I believe that this nation should commit it zel to achieving.

Speaker 7 (22:29):
The goal of landing a man on the Moon and.

Speaker 4 (22:32):
Returning him safely to the Earth six five four three
two one zero All engine.

Speaker 2 (22:42):
Run, Look that an apollow eleven.

Speaker 7 (22:45):
Remember those Apollo Moon missions one of America's greatest adventures
and achievements too. The nation set a goal and then
realized it. What are your goals? At Kelly Financial Services,
We've got the right team and technology to help launch
your retirement planning. Let us help you set and reach

(23:05):
your goals for your greatest adventure and achievement. Call us
at eight eight eight, eight hundred and eighteen eighty one,
or visit us at Kellyfinancial dot org.

Speaker 2 (23:16):
Where do you.

Speaker 6 (23:16):
Want to land we tangalitybavior be landed.

Speaker 7 (23:21):
We are Kelly Financial Services. Come retire with us.

Speaker 3 (23:26):
The Money Wrap with Kelly Financial Advisors Greg Murray and
Mary Madeline Kelly.

Speaker 2 (23:33):
Hello.

Speaker 14 (23:33):
This is Greg Murray, Senior vice president and Chief Compliance
Officer at Kelly Financial Services. Joining me today is Mary
Madeline Kelly, one of our wealth advisors.

Speaker 2 (23:42):
How are you doing today?

Speaker 15 (23:43):
Hi?

Speaker 6 (23:43):
Greg, I'm doing great.

Speaker 16 (23:45):
I feel like I have to address my brother's attack
on my character from last week and admit that while
I did fudge on the time it would take for
him to drive from Portsmouth, Rhode Island to Rockport, mass I.

Speaker 6 (23:56):
Did it with good intentions.

Speaker 16 (23:57):
The fudge was only about a fifteen minute different, so
in the moment, it felt like rounding down was acceptable.
I also thought at that time, on a Sunday morning,
he shouldn't run into traffic. But I think he got
enough vengeance in the posters he made for me.

Speaker 14 (24:12):
Like you said, the contents of the posts are not
appropriate for a radio broadcast, but he definitely got his payback.
I'm glad he was there to support you for your race,
though me too. I mean it meant the world to
me that he was even there.

Speaker 16 (24:23):
I think I also have caught the big running bug,
because now I'm contemplating a marathon.

Speaker 14 (24:28):
So we'll see, thirteen point one miles isn't good enough
for you. That's pretty impressive. A half marathon is one thing,
but doing a full marathon is not a whole new level.

Speaker 16 (24:36):
Today's segment is more for investors in their twenties or
early thirties who are wondering where to put their first
serious retirement dollars. I get this question a lot. Should
I open an IRA, a roth IRA, or just buy
some stocks? And my first answer is always, well, actually, Greg.

Speaker 6 (24:52):
What's yours?

Speaker 14 (24:53):
I tell them, if you've got a four to oh
one K available through your employer, max that out before
you look at any other IRA, before you open up
a separate brokerage account for retirement purposes, max that four
oh one K. First.

Speaker 6 (25:06):
Why start there?

Speaker 2 (25:07):
Well, a few reasons.

Speaker 14 (25:08):
First, the contribution limit is much higher in twenty twenty five.

Speaker 2 (25:12):
You can put in up to twenty three thousand dollars.

Speaker 14 (25:14):
If you're under fifty, that's way more than the seven
thousand dollars IRA limit. If your employer matches contribution, that's
free money, immediate return, So you're leaving cash on the
table if you don't take full advantage.

Speaker 16 (25:25):
Yeah, that match is definitely hard to beat. But a
lot of people hear about roth's accounts, especially raw four
O one ks, and they think that's automatically better because
my money will grow tax free.

Speaker 14 (25:37):
Right, And here's where I go against a grain of bit.
Roths can be great, but it's not a one size
fits all solution. The key is your tax situation, meaning
meaning if you're in a high tax bracket right now,
let's say you're in the peak earning years or even
just doing really well early in your career, putting money
into a ROTH means you're paying a high tax rate
on those contributions today.

Speaker 2 (25:56):
That's money gone forever.

Speaker 14 (25:57):
You might be better off by taking a tax break now,
by contributing to a traditional four oh one K and
paying taxes later, ideally in retirement, when your income and
your tax bracket could be lower.

Speaker 16 (26:07):
But for someone just starting out, maybe making a modest salary,
that's where their WROTH might shine.

Speaker 14 (26:13):
Exactly if you're in a lower tax bracket. Now, paying
tax on those contributions today can make sense because you
lock in that low rate for life on that money.

Speaker 16 (26:21):
So it's not that ROTH is bad, it's that it's
not always the smartest move if you're a high earner today, exactly.

Speaker 14 (26:28):
And I've seen too many people get caught up in
the buzzword tax free growth without running the math. Tax
free growth is great, but not a few overpay taxes
upfront to get it.

Speaker 6 (26:36):
So let's walk through what you're recommending.

Speaker 16 (26:39):
For a young professional with a decent salary, say eighty
thousand dollars a year, and a four oh one k
at work.

Speaker 14 (26:45):
Step one, contribute enough to get the full employer match
non negotiable. Step two, keep contributing to that four oh
one k until you hit the max if you can
afford it. You don't want to cannibalize your current standard
of living. Step three only if you've maxed out your
four oh one k in silver extra cash, should you
look at iras ROTH or traditional depending on your tax situation.

Speaker 16 (27:04):
And for the person making say forty five thousand a year,
I'd still start.

Speaker 14 (27:08):
With the four oh one k for the match then,
because they're in a lower tax bracket, I'd seriously consider
the rough four oh one k option.

Speaker 16 (27:15):
So it's all about tailoring the retirement plan to your
current and expected tax picture.

Speaker 14 (27:19):
Remember, tax laws can change, your career path can change,
and your income will likely change. So review this every
couple of years, not just once.

Speaker 16 (27:27):
I love that retirement planning isn't set it and forget it.
It's more like a garden. You can check on inten regularly.

Speaker 14 (27:33):
Exactly because you might plant tomatoes one year and then
decide peppers are a better fit for the next. Same
with your tax and retirement mix.

Speaker 16 (27:40):
Okay, so quick recap for our listeners. Get that four
oh one k match. Always max your four oh one
k if you can before looking into iras, and don't
blindly follow the ROTH trend.

Speaker 6 (27:50):
Run the numbers based on your tax bracket.

Speaker 2 (27:52):
That's the playbook.

Speaker 14 (27:53):
And if you're not sure which bracket you're in or
how it affects you, talk to a financial advisor or
a tax professional. Guessing is not a good retirement strategy.

Speaker 16 (28:01):
Well said, and remember the earlier you start, the more
those contributions, whether ROTH or traditional, can grow for you.

Speaker 14 (28:08):
Time in the market beats time in the market, and
that's true for your retirement accounts too.

Speaker 16 (28:12):
Well, that's all we had today. Thanks Greg for breaking
it down, always.

Speaker 14 (28:16):
A pleasure, and for all the young investors listening and
your future selves will thank you for starting now.

Speaker 6 (28:20):
Absolutely we'll see you next time.

Speaker 3 (28:22):
To get in touch with Greg Murray or Mary Madeline Kelly,
or any member of the Kelly Financial team, call A
eight eight hundred eighteen eighty one.

Speaker 7 (28:36):
I'm John Boudris, and welcome to a new edition of
Kelly Financials. What would Bill say? The wit and wisdom
of the late Bill Kelly. Today we'll address fact from fiction.

Speaker 8 (28:47):
You can always make money if you haven't if you
lose it all, It's very difficult to do that. So
you have to have a plan. If the market goes
up quite a bit or down quite a bit, you
have to be ready. And how do you sort from fiction?

Speaker 7 (29:01):
Download Kelly Financial's Consumer Guide simply called the Value of
an Objective Opinion. With so much ed steak with your
retirement future, you don't just want any financial advice, but
objective financial advice, and as a fiduciary, Kelly Financial puts
your interests above all else. Go to Kellyfinancial dot org

(29:23):
or call eight eight eight, eight hundred and eighteen eighty
one to get the guide.

Speaker 8 (29:28):
Ladies and gentlemen sort fact from fiction.

Speaker 7 (29:30):
We are Kelly Financial Services.

Speaker 15 (29:32):
Come retire with us Safe Money Strategies with William Kelly
and Kelly Kelly call the team on eight eight, eight hundred,
eighteen eighty one.

Speaker 1 (29:45):
Care that we're back with safe Money Strategies. If you
were with us earlier, Mom and I kicked off the
hour with Forever Young and now we want to shift
years into a topic that's close to home for so
many families.

Speaker 4 (30:01):
Yes, and if you're just tuning in, welcome. Every week
we talk about retirement, legacy and protecting what matters most.
Today's topic is not an easy one, but it's one
every family needs to face. Dementia and legacy planning.

Speaker 1 (30:20):
The statistics are eye opening. Almost one in three seniors
may face some form of dementia. That reality makes planning
not just important but urgent.

Speaker 4 (30:29):
And dementia does not show up overnight. It begins with
subtle signs forgetting appointments, struggling with familiar task, sudden mood changes,
maybe a loved one seems more suspicious or withdrawn. Those
early changes are often when families first realize something is.

Speaker 1 (30:50):
Different, and that's also when families still have the chance
to plant while their loved one can participate in decisions exactly.

Speaker 4 (30:58):
That window of time is critical is when independence may
still be possible, but it's also the right moment for
honest conversations and putting important documents in place with clarity
and love.

Speaker 1 (31:14):
Because a diagnosis doesn't just affect emotions, it creates immediate responsibilities,
health care decisions have to be addressed right away.

Speaker 4 (31:22):
That starts with a living will and a durable power
of attorney for health care. These documents make sure that
if you can't speak for yourself, someone you can trust
can speak for you. Then there are documents like post
and most those stand for physician orders for life sustaining

(31:43):
treatment and medical orders for life sustaining treatment in plain English.
These spell out your wishes for things like resuscitation, intubation,
organ donation, and other end of life care.

Speaker 1 (31:58):
Those decisions aren't easy, but writing them down removes a
huge burden from loved ones. They won't be left guessing
or arguing about what you would have wanted.

Speaker 4 (32:08):
Alongside medical directives, families also need to tackle financial planning.
That means a durable power of attorney for finances, a will,
and in many cases, a living trust.

Speaker 2 (32:22):
And here's the key.

Speaker 1 (32:23):
These documents must be signed while the person is still
legally competent, while they still understand value and communicate their choices.

Speaker 2 (32:32):
Time is of the.

Speaker 4 (32:33):
Essence, because once that window closes is too late. Without
those documents, people are left with no choice but to
petition the court for guardianship, and that process is not
only expensive and time consuming, it's emotionally draining.

Speaker 1 (32:50):
In other words, good preparation acts like insurance. It protects
your loved ones from the unnecessary chaos.

Speaker 4 (32:56):
And it also ensures that you, not the court, not
the state, decide who manages your assets, who makes your
health care decisions, and what kind of care you'll receive,
And don't forget hippo releases. Without them, even your closest
family members may be blocked from accessing vital medical information.

Speaker 1 (33:18):
At Kelly Financial, our advisors walk families through this kind
of preparation every day.

Speaker 2 (33:23):
We don't just run numbers.

Speaker 1 (33:24):
We help model financial plans that consider care costs, benefits,
and how to transfer your state with as much efficiency
and compassion as possible.

Speaker 4 (33:33):
Because it's not just about protecting money, it's about protecting values.
We want to know the kind of legacy you want
to leave behind. Then we design a plan to safeguard
that legacy.

Speaker 1 (33:46):
Whether it's concerns about memory loss, preserving assets, or simply
preparing for the unknown, there is a path forward.

Speaker 4 (33:53):
And we've seen how the right plan can turn fear
into peace of mind when families take the time to
plan and they find clarity instead of confusion, and comfort
instead of conflict.

Speaker 1 (34:06):
If this is resonating with you, don't wait. We've put
together a free investor guide called the Greatest Gift. Outline
your wishes with an a state plant. It walks you
through the medical, legal, and emotional decisions that matter the most.

Speaker 4 (34:18):
From wills and trust to medical directives and tax smart giving.
This guide helps you protect your loved ones, preserve harmony,
and make decisions while you still can and when dementia
is part of the picture. Early planning can be the
single most important gift you can give.

Speaker 1 (34:39):
We're going to take a short pause here, but don't
go anywhere. We'll be right back to continue this conversation.
In our next segment, we'll talk about legacy, what it means,
how to preserve it and how to involve your family
and something lasting.

Speaker 4 (34:51):
You're listening to Safe Money Strategies. Stay with us. We'll
be back in just a moment.

Speaker 3 (35:00):
Safe Money Strategies brought to you by Kelly Financial Services.

Speaker 2 (35:04):
Call eight A eight eight.

Speaker 3 (35:06):
Hundred eighteen eighty one or visit Kelly Financial dot org.

Speaker 7 (35:11):
Ready to enjoy your golden years without worry. At Kelly Financial,
we know retirement planning can be overwhelming. With more than
twenty two years of experience, our friendly team of advisors
makes it easy and stress free. Trust us to help
you create a secure and enjoyable future. For a free
initial retirement consultation, call eight eight eight eight hundred eighteen

(35:33):
eighty one or email Kelly at Kelly Financial dot org.
We're Kelly Financial. Come retire with.

Speaker 3 (35:39):
Us Safe Money Strategies with William Kelly and Kelly Kelly.
Call the team on aight A eight eight hundred eighteen
eighty one and care.

Speaker 1 (35:53):
We're back with Safe Money Strategies. I'm William Kelly Junior
here again with my mom, Kelly Kelly.

Speaker 5 (35:58):
It's good to be back with you.

Speaker 4 (36:00):
For those just tuning in, we've already been talking about retirement,
family and some of the choices that shape your future.
And in this last segment together, we're going to turn
to something that touches nearly every family at some point,
legacy planning when dementia is involved.

Speaker 1 (36:21):
Exactly In part one, we cover the legal and health aspects,
powers of attorney, medical directives, and how families can prepare.
Now we want to go a step deeper into the meaning,
the stories and the memories that make up a person's
true legacy.

Speaker 4 (36:35):
Legacy is so much more than a will or a
list of accounts. Is who you are, the lessons you've lived,
the traditions you've carried, and the values you hope your
children and grandchildren will remember. And when dementia enters the picture,
preserving that legacy takes on a new urgency.

Speaker 2 (36:58):
It really does.

Speaker 1 (36:59):
Families often come us overwhelmed, worried about finances, of course,
but also about how to hold on through the loved
one's essence. And sometimes it takes just a little encouragement
or a push to start capturing things while they can't.

Speaker 4 (37:11):
And it doesn't need to be complicated. Something as simple
as writing down a childhood story or passing along a
family recipe, or maybe labeling an old photo can carry
more weight than a stack of account statements. These small
things say I was here and I loved you.

Speaker 1 (37:33):
I love that mom, because when a person's memory starts
to slip, families can feel helpless. But creating a scrapbook,
recording a short video message, or even cooking a meal
together gives everyone a sense of connection.

Speaker 4 (37:46):
And for the person living with dementia, these moments offer dignity.
They're not just a patient or a diagnosis. They's still
a parent, a spouse, a grandparent, and they still have
something to give.

Speaker 1 (38:02):
Another layer we're seeing today is the digital legacy. Photos
on your phone, playlist, social media accounts, even voicemmos. I
even still have and listen to my dad's old playlists.
These are pieces of your story that can and should
be preserved, whether they're little things or big things.

Speaker 4 (38:18):
Right is important to make a list of those accounts,
store passwords securely, and decide who will have access down
the road. Some platforms let you name a digital air,
and for someone facing dementia, recording a message or curating
a playlist can become a meaningful project.

Speaker 5 (38:39):
One last gift.

Speaker 2 (38:41):
The truth is none of this has to be perfect.

Speaker 1 (38:43):
A thirty second voice note from Dad saying I'd love
you can mean more to the next generation than any
dollar figure on a page.

Speaker 4 (38:50):
Families can help by prompting those stories, pulling out photos,
maybe asking open ended questions, and most of all, listening
with patients.

Speaker 5 (39:00):
The process itself is a gift.

Speaker 1 (39:04):
And from our side as financial professionals, our role is
to align the numbers with those values. Yes, we'll talk
a state planning and tax strategy, but will also help
make sure your legacy, whether digital, financial or emotional, truly
reflects who you are.

Speaker 4 (39:18):
That's why we put together a resource we call the
Greatest Gift. Outline your wishes with an estate plan. It's
a free investor guide that shares practical steps to ease
the burden on loved ones, communicate your values and plan
ahead with confidence.

Speaker 1 (39:37):
Whether dementia has already touched her family or you just
want to be prepared, this guide is a meaningful first step.

Speaker 4 (39:44):
To request your copy and set up a complementary appointment
with one of our fiduciary advisors, call us at eight
eight eight eight hundred eighteen eighty one or email Kelly
at Kellyfinancial dot org.

Speaker 1 (39:58):
We've been helping families and protect for their retirement for
twenty two years, and we're honored to share that experience
with you each week.

Speaker 4 (40:06):
And remember the conversation doesn't end here. More insights are
coming up next right here on safe money strategies. I'm
Kelly Kelly from Kelly Financial. Is your financial advisor a fiduciary?
In other words, are they legally required to act in

(40:26):
your best interest? My complimentary book, Retire Your Fear, Plan
Your Future explains what a fiduciary is and will help
you understand if an advisor is really putting you first.
For the book, call eight eight eight eight hundred and
eighteen eighty one or email Kelly at Kellyfinancial dot org.
We're Kelly Financial. Come retire with us. Welcome back. You

(40:49):
are listening to Safe Money Strategies. I'm Mike, you said,
joined by Greg Workman. Today we're talking about working during
retirement and how it can impact your income, benefits and lifestyle.

Speaker 13 (41:01):
Greg.

Speaker 10 (41:01):
Before the break, you mentioned the Social Security earnings test.
In twenty twenty five, if you are under full retirement age,
you can earn up to twenty three thousand, four hundred
dollars without penalty if you earn more than that social
Security withholds one dollar in benefits for every two dollars
you earn over the limit.

Speaker 11 (41:22):
Now here's some good news that money is not lost forever.
Once you reach full retirement age, the Social Security Administration
will recalculate your benefit and increase your monthly check going
forward to account for those months.

Speaker 13 (41:35):
When the payments were reduced.

Speaker 10 (41:37):
And there's also a higher earnings limit in the year
you reach full retirement age about sixty two thousand and
change for twenty twenty five. Beyond that, withholding drops to
one dollar for every three earned over the limit. It
only applies until the month you hit full retirement age.

Speaker 11 (41:54):
Also important, not all income accounts towards these limits. Wages
and self employment income do count, but pensions, investment income,
iory withdrawals, and annuity income does not.

Speaker 12 (42:09):
One last thing here.

Speaker 10 (42:10):
Working might also let you delay claiming Social Security in
the first place, which could increase your benefit significantly. For
every year you delay past full retirement age up to
age seventy, your benefit grows by about eight percent per year.

Speaker 13 (42:26):
That can be a.

Speaker 11 (42:27):
Powerful strategy, especially for folks who are healthy and expect
to live well beyond their eighties or beyond.

Speaker 12 (42:34):
Another factor to consider is taxes.

Speaker 10 (42:36):
A lot of folks don't realize that working in retirement
can make more of your Social Security benefit taxable.

Speaker 13 (42:42):
That's right.

Speaker 11 (42:43):
If you're only receiving Social Security income, chances are you
won't pay federal income tax on it. But once you
start adding earned income or investment income into the mix,
a portion of those benefits can be taxed.

Speaker 10 (42:57):
There's a formula called the provisional Income calculation where the
IRS takes half your Social Security benefit, adds it to
your other income, and determines if you cross a threshold
where benefits become taxable.

Speaker 11 (43:10):
Depending upon how much you earn, up to eighty five
percent of your Social Security benefit could be subject to
federal tax. It's not a deal breaker, but it's something
to factor into your planning.

Speaker 10 (43:21):
All right, let's talk about pensions. If you've got a
pension from a former employer, you may be wondering how
working in retirement affects it.

Speaker 11 (43:30):
If you go to work for a new employer, your
pension typically is not affected. You'll receive your pension and
your new income separately. But if you go back to
work for the same employer who issued your pension or
never officially left, there may be some restrictions.

Speaker 10 (43:46):
Some plans will suspend payments while you're still working. Others
will allow you to keep receiving your benefit, but might
not give you credit for additional years of service or pay.

Speaker 11 (43:57):
And if your plan calculates benefits based on five that'll
average pay.

Speaker 13 (44:01):
Be cautious.

Speaker 11 (44:02):
Cutting back your hours before retirement could lower your final
average salary and your pension benefit right along with it.

Speaker 12 (44:11):
And finally, healthcare.

Speaker 10 (44:12):
For many people, the cost of health insurance is the
number one reason they work past age sixty five, or
at least until Medicare eligibility.

Speaker 11 (44:21):
Some employers offer health insurance to part time employees, especially
if they have phased retirement programs. Others do not, or
they require you to meet certain hour thresholds.

Speaker 10 (44:32):
If you lose coverage due to reduced hours, Cobra may
be an option, though it's often expensive since you pay
the full premium plus administrative costs.

Speaker 11 (44:41):
You could also join your spouse's plan if available, or
explore individual coverage through the federal or state marketplaces.

Speaker 10 (44:49):
And once you reach age sixty five, you'll be eligible
for Medicare, but it's important to coordinate the timing so
you don't have gaps or penalties.

Speaker 11 (44:57):
Working durbing retirement is a big decision, one that involves
a mix of emotional, lifestyle and financial considerations. There's never
a one size fits all answer.

Speaker 10 (45:08):
At Kelly Financial Services, we're here to help you make
sense of your options and build a plan that aligns
with your goals, whether you plan to work, retire, or
something in between.

Speaker 12 (45:18):
It all starts with the conversation.

Speaker 11 (45:20):
So if today's topic raised some questions for you, let's talk.
We invite you to schedule a complimentary, no obligation consultation
with our team.

Speaker 10 (45:29):
Give us a call at eighty eight eight eight hundred
eighteen eighty one once again, that's eight eight eight eight
hundred eighteen eighty one, or visit us online at Kelly
Financial dot org.

Speaker 11 (45:41):
Thanks for spending time with us on today's installment of
Safe Money Strategies.

Speaker 13 (45:45):
We'll see you next weekend, and.

Speaker 11 (45:46):
Until then, stay informed, stay prepared, and stay financially confident.

Speaker 13 (45:51):
With that, I'm Greg Workman, and.

Speaker 10 (45:53):
I Mike you said join us next week for more
safe money strategies.

Speaker 9 (46:02):
Joining us now, as she always does at this time,
the co founder, CEO, president of Kelly Financial Services, and yes,
that is her wonderful name, Kelly, Kelly.

Speaker 5 (46:19):
Kelly, how are you good morning, Jeff?

Speaker 4 (46:23):
I am good. When people hear a state plan, they
often think it's complicated or something they can put off.
But if you own a home, have savings, or simply
want your wishes honored, you already need one. And if
dementia ever enters the picture, having that plan moves from

(46:45):
important to essential. At Kelly Financial Services, we continue to
share our free guide, the greatest gift outline your wishes
with an estate plan. Families rely on it because it
walks through the essentials wills, living trust, powers of attorney,

(47:07):
and protecting your legacy. It's not just paperwork, It's about
dignity and making sure your voice is heard. To get
your copy or to speak with a Kelly advisor, give
us a call or email Kelly at Kellyfinancial dot org,
or visit our website for our radio rewind Jeff, have

(47:29):
a wonderful weekend, My best, Grace and the kiddos.

Speaker 9 (47:33):
Thank you, Kelly, all the best to you and everyone
at Kelly Financial. To get a free copy of that guide,
and I urge all of you, if.

Speaker 2 (47:40):
You can do, get it call now.

Speaker 9 (47:43):
Eight eighty eight eight hundred, eighteen eighty one, eight eighty eight,
eight hundred, eighteen eighty one, or you can actually email
Kelly herself personally Kelly at Kellyfinancial dot org. That's Kelly Kelly.

Speaker 3 (47:58):
Financial, Safe Money Strategies eight eight hundred one, eight eight one.

Speaker 4 (48:16):
Some of Bill's fondest memories take us back to life
on the farm, where mornings began not just with chores,
but with moment shared alongside his grandfather. In the story,
you'll hear the clever determination of a little boy and
the quiet presence of a grandfather who was always there
at the kitchen table, ready with coffee, stories and love.

(48:40):
Is a glimpse into the bond that shaped Bill's early
years and stayed with him throughout his life.

Speaker 5 (48:47):
Here's Bill Kelly.

Speaker 8 (48:50):
When I was two, about two and a half, I
had a little routine I did every morning. I grew
up on a farm, on a chicken farm. I would
get up in the mornings and I would go to
the cookie cabinet. I would raid the cookie cabinet. It

(49:11):
was a horrible thing, ladies and gentlemen. I have to
admit it that I did do this, and you have
to know it was deliberate and it was something. It
was pre planned, and I couldn't help it, sort of
like you know, a compulsive gambler. I was a compulsive
cookie person. How did it work well? I slept in

(49:33):
the same bedroom as my grandfather, and I had a crib.
But my crib had a top that my father had made.
It was screened in and it had latches all along,
so I couldn't get out. I couldn't escape because they
knew they were on to me slightly, So over the
course of weeks, I was able to create a little

(49:55):
bit of a hole in the top of that crib
screen no one could see but me. My hand could
go out of it and I could undo the latches.
So somewhere around five o'clock in the morning each morning,
I would reach my hand through my secret hole in
the screen. I would undo the latches, and I would

(50:17):
push open the hatch that held me in that crib,
and then I would climb over the side of the crib,
all the time making sure my grandfather was still asleep.

Speaker 2 (50:29):
And then I would land on the.

Speaker 8 (50:31):
Chair where he would put his green work pants and
his flannel shirt. And then I would step off that
chair onto the floor. I would walk into the kitchen.
I'd open the door very carefully, and I would go
into the kitchen, go to the kitchen table. I would
get a chair, slide it over to the cabinets, and

(50:53):
the cabinet that had the cookies in it had a
padlock on it, so I'd reach up on top of
the refrigerator and I would take the key, open the padlock,
open the closet, and I'd have to sort of step
back when I opened it to swing that cabinet door
around without falling off. I would reach up to the

(51:13):
top shelf there would be bags of cookies. I would
take the amount of cookies that I wanted. I would
close the cabinet door. I would put the padlock back on.
I'd put the key back on top of the refrigerator.
I would climb down from the counter onto the kitchen chair.

(51:33):
I would slide the kitchen chair over to the table.
I would go back into my bedroom with my grandfather.
I would climb up on his chair with my cookies,
which would be held inside my zipper, my footy pajamas,
and they would be in a little pouch. I'd look
like a little teletubby. I guess I'd climb back into

(51:55):
the crib, close the top, reach my hand through, lock
myself back in again. I would sit down. I would
eat my cookies, and then I would go back to sleep.
So that was my big adventure most times on the farm,
pre dawn raids in the cookie kitchen. My grandfather would
wake up, usually later on about nine. He'd pop me

(52:19):
out of the crib, change my diaper, bring me out
to the kitchen table. He'd make oat meal or fix
me up some cheerios, and then he'd sit me down.
I would eat, we would talk. He would generally drink
his coffee, tell me stories, sometimes recite poetry, and then
he'd get me dressed, sit me up on the table,

(52:41):
tie my shoes, and boot me out of the house
for the day. I would wait for him to come
out to water the chickens, and then i'd walk down
the path with him. I was his helper and we'd
collect the eggs. On Wednesday night, we candled eggs in
the basement. We'd get them ready to bring to the

(53:02):
county food mart where we would trade them in. On Thursday.
We would get money and we would get some food.
We'd get a food account, and we always ate very
very well due to this barter situation and our farm
being productive. People liked eggs. I brought eggs to school

(53:23):
with me when I was older. The teachers bought them.
They would farm fresh eggs. We would deliver them. Some
nice people would drive up to the farm to get eggs,
and it was interesting, very interesting the chickens. We would
buy the chickens. Once a year, a truck would come up,
like an UPS type of truck with these flat boxes

(53:44):
and they would have little tiny holes all around them
and these flat boxes and you could see the little
chickens heads popping out. And I think we ordered them
through a hardware store in town. And we'd get the
baby chickens, and then we had a coop especially for them,
and we had a canvas tent in that coop that
was very low to the ground, and that coop was

(54:05):
called the Bruder coop. And those little baby chickens would
live under these tents and we had forty watt bulbs
in the tents that would keep them warm and keep
the air still. The first things they would eat would
be little pieces of gravel that would stay in their
system for their entire lives. As we know chickens do

(54:26):
not have teeth, so they would collect this gravel in
their tummy and it would help them to digest food
for the rest of their lives. Anyway, it was a
fun time. I had a great time doing that with
my grandfather. At some point in time, we had to
nip off the chickens beaks so that if they were

(54:47):
going to be laying hens, they wouldn't be sort of
eating their own eggs or pecking them too closely so
that they would they would crack the eggs if they
did that. So we learned a lot doing that. We
we had a great time doing it, and it was
definitely fun for a child.

Speaker 3 (55:07):
We're called Kelly Financial Services eight eight eight eight hundred
eighteen eighty one.

Speaker 5 (55:13):
I'm Kelly Kelly from Kelly Financial.

Speaker 4 (55:15):
Whether you're in your sixties, seventies, or eighties, financial advice
is important when it comes to preserving your nest egg.
We have a free investor guide called designing your Fiscal
House to Weather the Elements, which highlights the steps needed
to build a balanced portfolio. For the guide, call eight
eight eight eight hundred eighteen eighty one or email Kelly

(55:37):
at Kellyfinancial dot org.

Speaker 5 (55:40):
We're Kelly Financial. Come retire with.

Speaker 3 (55:42):
Us safe money strategies with William Kelly and Kelly Kelly.
Go to Kelly Financial dot org.

Speaker 7 (55:53):
The news break is coming up, and during the break,
take the time to give a call at eight eight
eight eight hundred eighteen eighty one, and that all important
first step to secure your retirement future. Talk things through
with a financial advisor about any aspect of retirement or
money management, whether it's your portfolio, concerns about healthcare, or
if you're tossing around the idea of relocating or maybe

(56:14):
helping out with your grandchildren's college. See if financial advisor
isn't only about the stock market. That's only a portion
of the job description. And in the end you'll be
amazed at how very small adjustments over time can have
enormous results when it's time to retire. In fact, these
adjustments can be the difference of when you can retire,
or in some cases, whether you can retire at all.

(56:36):
So call us at eight eight eight eight hundred eighteen
eighty one or visit us at Kelly Financial dot org
and raise a toast to your financial future. Eight eight
eight eight hundred eighteen eighty one. Kelly Financial Services with
offices in Braintreet and Burlington. All Right, we see you
next week.

Speaker 17 (56:53):
All opinions expressed by the host, his guests, or employees
of Kelly Financial Services are solely their own and do
not reflect the opinions of Kelly Financial Service. Information has
been obtained from sources deemed to be reliable, but their
accuracy and completeness cannot be guaranteed. The information provided as
general in nature and does not intended to be specific investment,
tax or legal advice. It is always advisable to consult
a professional before making a financial decision. The host is
a client of Kelly Financial Services in exchange for hosting

(57:14):
the Safe Money Strategies Show and providing testimonials of his
personal experience as a client of Kelly Financial Services, Kelley
has waived the host's advisory bee in full. Because of
this arrangement, where the host receives compensation in the form
of a fee waiver, the host has an incentive to
recommend Kelly Financial Services, resulting in a material conflict.

Speaker 2 (57:28):
Adventures