Kelly Financial: Saturday, February 15, 2025

Episode Transcript

Speaker 1 (00:12):
This is coming to us.

Speaker 2 (00:20):
Good morning, dear Boston. I'm John Boudras and Kelly Financial
Safe Money Strategies indeed carries on every Saturday morning right
here on WRKO six point eighty on the AM dial
and online from just about anywhere as long as you
have a strong enough Internet connection, which if you are

(00:41):
a gen xer, you can remember the days of dial
up Internet when you didn't have a strong enough Internet connection.
And Gen xers are going to be the topic of
a conversation I'm going to have with missus Kelly later
in the show because this generation of kids, now they're
not kids. I call everyone younger than seventy kids, but

(01:01):
this generation is the generation that grew up with a
dial up phone and yet the Internet, and they're in
a tough situation because the stresses on them to save
and plan for their retirement are very great. They have
kids in college, aging parents. But the good news is
with good planning, they can have a decent retirement. They

(01:23):
can have that retirement that we all want. So later
in the show, Kelly and I will be talking about
that very subject. We'll also be speaking with the Kelly
Financial Advisor, So don't go away.

Speaker 1 (01:34):
We will be right back.

Speaker 3 (01:40):
Safe Money Strategies with John Budris and Kelly Kelly called
Kelly Financial on eight eight eight hundred eighteen eighty one.
We'll go to Kellyfinancial dot org.

Speaker 4 (01:52):
I'm Kelly Kelly from Kelly Financial. If you're a gen
X or, retirement is getting closer, but are you prepared
for it? The retirement landscape has changed, pensions or rare,
Social Security might not be enough, and healthcare costs just
keep rising. When it comes to your future, don't go
it alone. Getting a retirement plan in place is essential.

(02:15):
The advisors at Kelly Financial can create a personalized income
plan that can help you maximize savings, manage taxes, and
put you in control of your retirement. We also have
a free investor guide that might help. It's called five
Retirement Planning Missteps to Dodge. It offers guidance on how
to avoid potential pitfalls when it comes to planning for

(02:36):
your retirement. For the guide or for a free consultation
with a Kelly advisor, call eight eight eight eight hundred
eighteen eighty one or email Kelly at Kellyfinancial dot org
where Kelly Financial.

Speaker 5 (02:50):
Come retire with.

Speaker 3 (02:51):
Us Safe Money Strategies called eight eight eight eight hundred
eighteen eighty one, or visit Kellyfinancial dot org.

Speaker 1 (03:01):
Come Retia with us.

Speaker 4 (03:06):
Good morning, dear friends and dear listeners. I'm Kelly Kelly,
and welcome to our show. On this fine Saturday morning.
I have caught up with my handsome son, William Kelly
Junior as we chat every Saturday morning. As many of
our listeners know, he is traveling abroad, so I have

(03:30):
caught up to him.

Speaker 5 (03:31):
Today is his nineteenth birthday.

Speaker 4 (03:34):
William, Happy birthday, and good morning or good afternoon to you.

Speaker 1 (03:40):
Good morning to you mom.

Speaker 5 (03:41):
Good to hear your voice.

Speaker 6 (03:42):
It's great to hear yours as well. From Barcelona, Spain.
This has been a wonderful trip so far. I've been
to Switzerland and I've been to Barcelona.

Speaker 4 (03:51):
Good and today is your nineteenth birthday, and I believe
you will be heading to London in a bit I will.

Speaker 1 (03:59):
That's correct.

Speaker 6 (04:00):
Actually, fun fact, I'll be seeing Rob, who a lot
of you know is our audio engineer for the show,
and I'll be spending very quality time with him, his wife,
hopefully his son Dominic. Dominic actually used to have a
little line on the show whenever Dad would introduce the
Saturday Show because Dominic and I were actually very similar

(04:22):
in age, so when I was little, Dad obviously threw
a little bit of my stuff on the show. But
then he also asked Rob to record some of Dominic's voice,
and so Dominic was actually on the show. Fun fact
years ago, Rob and I are going to have an
interview together. So I'm sure we're going to talk about that.
There's so much more to come. I'm so happy to
be here. I'm so excited. It's pretty cool.

Speaker 5 (04:44):
Let me ask you this. Do you feel older?

Speaker 6 (04:46):
You know, Rob has a philosophy. He doesn't even celebrate birthdays.
He doesn't ask Lena, his wife, for anything. He just
kind of says, it's another day, grateful to be alive.
I mean, I don't feel any different. I guess a
little bit older, because I mean nineteen is you know,
it's like eighteen special because you're officially an adult now
and all that and all the privileges and rites that

(05:09):
come with it, and nineteen is just kind of like
an odd.

Speaker 1 (05:12):
In between year between twenty one and eighteen.

Speaker 4 (05:14):
So I wish I had a better answer for you,
but I's going to answer this is the first birthday
that I.

Speaker 5 (05:19):
Was not with you.

Speaker 1 (05:21):
That is pretty crazy.

Speaker 5 (05:22):
My baby is growing up.

Speaker 6 (05:24):
I guess I am. It's pretty wild. I mean, no, Mary,
Madeline know you. However, I've been traveling with a really
good friend of ours, Carson.

Speaker 1 (05:32):
He knows Europe like his back end.

Speaker 6 (05:34):
I've never seen somebody so unbelievably comfortable with traveling. He
speaks three different languages. I'm assuming English, French, and Spanish. However,
if he's in a new country that speaks a different language,
he will immediately pick up the dialect. He's just one
of those gifted people with languages. And we'll sit at
a restaurant. He does all the ordering. I don't have
to worry about it. Whatever Spanish that I know is

(05:55):
pretty rusty. We saw the Sobrietia Familia. We saw also
some monuments. The architecture's beautiful. We went to the beach.
We've been to a lot of good cafes. The cafes
are pretty good. The food's pretty good as well. I mean,
you can't beat Italian food period.

Speaker 7 (06:11):
Now.

Speaker 6 (06:11):
Before Barcelona, I had the opportunity to meet Carson at
his school. Carson goes to the best school in the
world for hospitality. The abbreviation for it, I think is
EHL and it's located next to Geneva in a town
called Lausanne. It was a very cute town, a lot

(06:33):
of local cafes. Everybody speaks French, they actually speak Italian,
I believe German, and obviously a lot of English speakers
as well. Naturally, it's a very very different way of
life over there.

Speaker 1 (06:46):
The cost of living is extremely high.

Speaker 6 (06:49):
And Carson was explaining this to me that people make
a lot of money.

Speaker 1 (06:53):
The minimum wage.

Speaker 6 (06:55):
There is thirty Swiss francs, which is about I think
thirty two US dollars. So imagine me making thirty two
US dollars at a minimum, and what the cost of
a small meal would be, say at a local cafe
for a small breakfast, it's like thirty dollars.

Speaker 1 (07:09):
It's like sixty bucks for two people.

Speaker 6 (07:11):
I mean that is double the minimum wage of the
state of Rhode Island where we live, and I think
in Massachusetts as well.

Speaker 1 (07:17):
It is very beautiful. There's a lot of gorgeous nature.
The Swiss Alps.

Speaker 6 (07:23):
You could literally walk outside the face of the school
and the Swiss Alps would just be staring at you,
and it's just this gorgeous picture and it's very clean.
People follow the rules there. They're very strict about their rules.
Once you go from Switzerland to Spain, it's like a
complete culture difference.

Speaker 1 (07:41):
It's like everything is.

Speaker 6 (07:43):
Lively and you know, everything's a little more leisurely in
Spain compared to Switzerland, where it's more like Germany. It's
very direct and I suppose strict. But it was cool
to go to Geneva. That was really interesting because you know, Geneva,
that's where the Geneva Convention happens, that's where it was made.
And to be able to see that in what that
country is like firsthand was really cool. And then to

(08:04):
be back in Spain again after pushing ten years now,
this has also been really cool, especially now that I'm
an adult and I can actually go out and do
things and meet people.

Speaker 5 (08:15):
You're having quite an adventure has been and.

Speaker 6 (08:18):
Then on top of that, to finish it off, I'll
be going to London now and it's like now that
I'm in the place that I've dreamt of going since
i was a child, and I wish I could have
gone with my father. But you know, I'm hosted by
some amazing people, some amazing family friends who have taken
care of us from thousands of miles away for so

(08:38):
many years. It has been a blessing. This trip has
been an amazing adventure, and I'm so excited to come
back to these places with you and with Mary Madaline
and this year to spend really high quality time with
my family and to keep focusing on my other projects
that are going on in my life. So this has
just been such a successful year so far, and I've

(08:59):
just been so happy, wonderful.

Speaker 4 (09:01):
Well, I appreciate your time and I look forward to
chatting with you again, and I hope you have safe
travels today, William, and we will talk soon. I want
to wish everyone a wonderful rest of the weekend and
do keep us on your dial. Our show is packed

(09:22):
with financial information. In today's show, Mike dust and Greg
Workman will talk about some common retirement decisions and the
trade offs they typically involve. Mary Maddeline Kelly and Greg
Murray will be talking about backdoor wroth conversions. I will
be back with John Boudris. We will have a chat

(09:43):
about Generation X and the retirement roadmap. We will also
focus on specific key steps for Gen X to retire
successfully and as always some wit and wisdom from Bill
Kelly William. Thank you for chatting with me this morning.
Stay safe and enjoy your travels. Give Rob and his

(10:05):
family a hug for me, and again, happy birthday. I
love you, honey, Love you too.

Speaker 3 (10:18):
Safe money strategies brought to you by Kelly Financial Services.
Call eight eight eight eight hundred eighteen eighty one or
go to Kelly Financial Dotor.

Speaker 1 (10:30):
Come retire with us.

Speaker 8 (10:32):
Let me tell you about Kelly Financial Services. It's twenty
twenty five and it's time to get serious about your
retirement goals. You've put in the years, You've worked hard,
and now it's all about ensuring your money works just
as hard for you. Retirement isn't what it used to be.
Between inflation, taxes, and healthcare costs, you need a real

(10:53):
income strategy. The advisors at Kelly Financial can help create
a plan to protect your savings and generate a steady income.
They also have a free investor guide it's called Your
Retirement Income Planning Checklist, which might just help retirees address
any challenges they may face in creating their retirement income

(11:14):
they need for their desired lifestyle. So for a free
copy of the guide, or to set up a free
retirement consultation call eight eight eight eight hundred eighteen eighty
one eight eight eight eight hundred eighteen eighty one or
email Kelly at Kelly Financial dot org.

Speaker 3 (11:32):
Safe Money Strategies Cool eight eight eight eight hundred eighteen
eighty one.

Speaker 9 (11:39):
Good morning, you are listening to Save Money Strategies. My
name is Mike Gussett, Chief Operating officer at Kelly Financial Services.
I am joined this morning by one of the trusted
financial advisors on our team, Greg Workman.

Speaker 1 (11:50):
Good morning, Greg, Good morning, Mike.

Speaker 10 (11:52):
Great to be here with you and our listeners.

Speaker 9 (11:54):
When it comes to retirement, just about every decision you
make will involve assessing and balancings. This is especially true
when it comes to investing. In dealing with your retirement assets,
There's no perfect financial instruments, so to gain some feature
or attribute you find attractive will likely require giving something up.
In today's show, we'll talk about some common retirement decisions

(12:16):
and the trade offs that typically are involved. But more importantly,
we will show you a simple financial strategy that I
believe can help you find success in the future.

Speaker 10 (12:27):
As you listen today, keep in mind that if you're
not sure that your retirement is on the right financial track.
Today is the day to stop roaring and start planning.
Call us now and schedule your complementary retirement income analysis.
We can be reached at Triple eight eight hundred eighteen
eighty one. Once again, that number is eight eight eight

(12:49):
eight hundred eighteen eighty one, or you can visit us
on the internet at Kelly Financial dot org.

Speaker 9 (12:56):
In order to help live the retirement you want, you
have to first decide what are the most important things
you want your retirement assets to accomplish for you. If
you are like a lot of people, you want in
need a combination of things, and this can make investing
for retirements seem so complex because there is no single
instrument that excels at everything. The goal today will be
to give you some tools to help reduce or remove

(13:18):
some of this complexity. But what we would really like
to do is invite you to come into our office
so that we can show you how you can enjoy
your retirement with confidence.

Speaker 10 (13:27):
If you've ever purchased a lottery ticket, there's a very
good chance you spent at least a moment or two
fantasizing about what you would do with all of that
money if you want. But if you were so fortunate,
the very first decision you would need to make is
to choose how you would be paid, either the cash
option with a lump sum payout or the annuity option

(13:48):
with an annual payout. If you are wondering what this
has to do with retirement planning, the answer is a
lot more than you might expect.

Speaker 9 (13:56):
The choices here represent two very different payout options, each
with its own distinct advantages and disadvantages. This is the
same for just about every decision or action you might
take involving your retirement assets. Because of this, there are
three crucial things that are important to consider before any
major financial decisions are made.

Speaker 10 (14:16):
First is to take the time to clearly understand both
the advantages and disadvantages of any option you may be contemplating,
and be wary of any broker or advisor who tells
you that there are no disadvantages to what he or
she might be recommending. There's no perfect investment or strategy. Second,
before you make any decisions, take the time to be

(14:38):
crystal clear about your objectives and exactly what you are
trying to accomplish. Third, evaluate the advantages and disadvantages of
any choice to see if what you are gaining and
sacrificing or in line with your objectives and goals great.

Speaker 9 (14:55):
When we're meeting with perspective clients, we'll often discuss two
major decisions come into retirement and the trade offs involved.

Speaker 10 (15:02):
Our initial conversations typically involve a talk around risk versus safety.
One of the biggest things that must be balanced in
retirement planning are the compromises that need to be made
when it comes to investing your nest egg. Since you
won't have a second chance at building it, it's important
to keep this money safe, but at the same time,

(15:24):
it's also important for this money to grow to keep
up with inflation and provide for your long term.

Speaker 1 (15:30):
Needs and lifestyle. And to keep money safe is pretty simple.

Speaker 9 (15:34):
One strategy maybe to put it in an FDIC insured
bank account, which have offered attractive interest rates over the
past several years.

Speaker 10 (15:41):
And rates have come down a bit recently, there's still
attractive when compared to historical fixed rates. While this does
provide the advantage of safety, it requires a trade off
in the form of very limited real growth to have
the best chance of gaining the advantage of growth. We
might instead in invest our retirement savings back into the

(16:02):
stock market, but this requires accepting the trade off of
risk of investment loss. If you're like many people, you
might say that you need both growth potential and an
element of safety.

Speaker 9 (16:14):
Later in the show, we'll talk about how this might
be possible, but not because there is some perfect investment
or financial instrument that offers both. Before we get to that, greg,
please cover the trade offs between income and growth.

Speaker 10 (16:26):
Transitioning between your working years and retirement often involves figuring
out how to replace your work paycheck from employment to
a retirement paycheck from your nest egg. To have sufficient
retirement income typically requires many retirees to draw down on
their savings, but the key is to do this in

(16:47):
a way that will reduce the risk of completely exhausting
your savings while you're still alive. With this in mind,
it might seem that the best investment strategy will be
the one that has the greatest potential for growth.

Speaker 9 (17:00):
Now, many people rely on this logic when they commit
a large portion of their savings to the stock market.
In the past, stocks have proven to be a great
place to invest money when growth is the objective. The
s and P five hundred has gained about ten percent
on average annually since it was introduced to nineteen fifty seven.

Speaker 10 (17:17):
But there is a tradeoff that must be accepted to
achieve the growth potential. Historically, a retiree can expect to
endure between three to five downward swings in the equity markets.
The danger with this is that during those periods when
stock prices are depressed, more stocks will need to be
sold to generate the very same income, and once a

(17:39):
stock er mutual fund is sold at a loss, it
is no longer in the portfolio to recover the value
when the market rebounds.

Speaker 1 (17:47):
It's time to take a break.

Speaker 9 (17:48):
Please stay tuned and join us later in the show,
when Greg and I will discuss a strategy that, if
designed and executed properly, can accomplish multiple objectives.

Speaker 1 (17:57):
We'll talk to you soon.

Speaker 3 (18:02):
Kelly Financial Services eight eight eight hundred eighteen eighty one.

Speaker 2 (18:08):
Ready to enjoy your golden years without worry? At Kelly
Financial we know retirement planning can be overwhelming. With more
than twenty one 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.

Speaker 1 (18:25):
For a free.

Speaker 2 (18:26):
Initial retirement consultation, called eight eight eight eight hundred eighteen
eighty one or email Kelly at Kellyfinancial dot org. We're
Kelly Financial. Come retire with Us.

Speaker 4 (18:37):
Hi, I'm Kelly Kelly from Kelly Financial Services. What do
you look for when choosing a financial advisor? We like
to believe is based on shared values, trust and knowledge.

Speaker 5 (18:47):
We've been serving clients.

Speaker 4 (18:49):
In the Greater Boston area for more than twenty years now.
If you have investable assets and want to learn more
about our experience, call us eight eight eight eight hundred
eighteen eighty one or email cam Elly at Kelly Financial
dot org to set up a free retirement consultation.

Speaker 5 (19:04):
We're Kelly Financial. Come retire with us.

Speaker 3 (19:08):
The Money Wrap with Kelly Financial Advisors. Greg Murray and
Mary Madeline Kelly.

Speaker 1 (19:15):
Good morning.

Speaker 11 (19:16):
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 investment advisors. How are you
doing today?

Speaker 1 (19:25):
Good morning, Greg.

Speaker 12 (19:26):
I am doing great, although I am sad to not
see my brother on his birthday today because he is
off traveling the world. But at least we celebrated before
he left.

Speaker 11 (19:35):
That is fantastic here and I still can't believe that
he is nineteen, which is also scary to me because
that means I turn forty in four months. But what
does make me happy is he's out traveling and experiencing
some new places on his birthday even exactly awesome.

Speaker 12 (19:51):
And you know I always tell him this, but he
will always be my baby brother no matter how old
he is.

Speaker 5 (19:57):
I know he loves hearing that.

Speaker 12 (19:58):
So anyways, today we are discussing a savvy strategy for
high income earners. This is called a backdoor Wroth contribution.

Speaker 11 (20:06):
The backdoor Wroth contribution is such a great topic because
it's an excellent way for high earners to benefit from
a roth ira even if their income is too high
for direct contributions.

Speaker 12 (20:16):
Absolutely, the beauty of the back door wroth is that
it allows you to make non deductible contributions to a
traditional ira and then convert that to a roth ira.
It gives you access to tax free growth and tax
free withdrawals in retirement.

Speaker 11 (20:30):
Yes, and the process is pretty straightforward, although there are
important steps that keep in mind. You start by contributing
to a traditional ira and this would be a non
deductible contribution since you're likely over the income limit.

Speaker 12 (20:41):
For a deductible one, and once that contribution is made,
the next step is to convert the amount to a
roth ira. This conversion might have tax implications, especially if
you have other pre tax IRA balances due to the
pro rata rule.

Speaker 11 (20:54):
That's a critical point. The pro rata rule means that
if you have other iras, the taxable portion of your
conversion will be proposed portion of your total iyer balances.
It can complicate the conversion process.

Speaker 12 (21:04):
And that's why this strategy is ideal for those without
existing pre tax IRA funds. It's much simpler when all
you have are post tax contributions exactly.

Speaker 11 (21:13):
Let's talk about who benefits the most from the strategy.
High income earners obviously, since they can't contribute directly to
a roth ira. Also long term investors who want their
money to grow tax free.

Speaker 12 (21:24):
And don't forget the importance of timing the conversion right.
Doing it immediately after making the non deductible contribution minimizes
any earnings on the contributions which could be taxed during
the conversion.

Speaker 7 (21:34):
Good point.

Speaker 11 (21:35):
The goal is to keep the conversion as tax efficient
as possible. Plus, once the money's in the roth IRA,
it grows tax free and you can withdraw it tax
free in retirement.

Speaker 12 (21:43):
A huge benefit for sure. And let's not forget to
highlight the importance of having a clear written plan to
guide this process. It helps clients understand where they are
now and what steps they need to take.

Speaker 11 (21:54):
Absolutely, a plan is vital to ensuring that every action
aligns with the client's long term financial goals. Kelly Financial,
we emphasize the importance of clarity and engagement throughout this process.

Speaker 12 (22:04):
It really comes down to this. With a backdoor ROF,
you're not just leveraging a smart financial strategy, but you're
also setting yourself up for success by staying informed and
guided by a plan.

Speaker 11 (22:15):
It's all about making informed decisions staying engaged in your
financial journey. That's why it's crucial to consult with a
financial professional who can help navigate these strategies effectively.

Speaker 12 (22:23):
I couldn't agree more well, Greg, this has been a
fantastic discussion and hopefully its shed some light on how
beneficial backdoor ROTH contributions can be for our listeners.

Speaker 11 (22:32):
If you have any questions or need personalized advice. Don't
hesitate to reach out to us. We're here to help
guide you towards a secure financial future.

Speaker 5 (22:39):
Exactly well, Thank you again, Greg, have a great day.

Speaker 13 (22:41):
Thank you.

Speaker 3 (22:42):
To get in touch with Greg Murray or Mary, Madeline Kelly,
or any member of the Kelly Financial team, call at
eight eight hundred eighteen eighty one.

Speaker 4 (22:55):
I'm Kelly Kelly from Kelly Financial. If you're a gen
X or retirement is getting Hello, but are you prepared
for it? Are you saving enough? How could inflation play
a part? And what about long term care costs? Our
Free Investor Guide five Retirement planning Missteps to Dodge will
answer these questions and more. For the guide. Call eight

(23:16):
eight eight eight hundred eighteen eighty one or email Kelly
at Kellyfinancial dot org.

Speaker 5 (23:22):
We're Kelly Financial. Come retire with.

Speaker 1 (23:24):
Us, Come and take a see. Thank you? It's nice? Yes, yes, yes,
Now what do you want? Right? How are my sons performing? Hello?

Speaker 3 (23:33):
Look at the pretty colors the sun makes reflecting off
this glass.

Speaker 2 (23:39):
If your financial advisor isn't listening, it's time for a change.
The advisors at Kelly Financial will listen and guide you
towards a more fulfilling retirement for a free consultation called
eight eight eight eight hundred eighteen eighty one, or go
to Kelly Financial dot org.

Speaker 3 (23:55):
Safe Money Strategies with John Fudris and Kelly Kelly the
team on eight eight hundred eighteen eighty.

Speaker 1 (24:03):
One, and we are back.

Speaker 2 (24:08):
I'm John Boudris, the co host of Safe Money Strategies
and as always, thanks for joining me this morning. Well,
today we're going to be talking about a generation that's
got a serious wake up call. That's Generation X, born
roughly between nineteen sixty five and nineteen eighty. Now, this

(24:30):
Generation X is often called the forgotten generation. It's a
sandwiched in between the baby boomer group, the one I'm in,
and the millennials, which I would say my son might be.
And now you know who the Generation xers are. We
used to call them latchkey kids. They grew up with

(24:50):
one foot in the past and maybe another foot in
the future. They had rotary phones, they knew how to
dial a number, they listened to cassette tapes, and they
had the idea that working hard would secure their future.

Speaker 1 (25:05):
Well guess what.

Speaker 2 (25:07):
Retirement today is more complicated than ever and for a
lot of these Gen xers that old just save for
your four oh one K and hope for the best.
That's not going to cut it anymore. And I think
we know why. Elon Musk is discovering where are all
the trillions of dollars? Their tax dollars too have been squandered,

(25:28):
and I wish I could say they are going to
get them back, but they're not. Now joining me today
is Kelly Kelly, the CEO of Kelly Financial and her
team at Kelly Financial help retirees and pre retirees no
matter which generation they are in, but especially important for

(25:49):
gen xos to learn how to implement their plans for
their retirement income before it's too late, because take it
from me, time goes really fast. Kelly, good morning, and
welcome as always.

Speaker 4 (26:04):
Good morning, John, happy to be here with you on
this fine Saturday morning.

Speaker 2 (26:08):
So let's start with the basics. Baby boomers are retiring
in droves, most of them maybe already have retired. Millennials
are known to complain and gen Z well, I think
they're still figuring out how to set the alarm clock.
But gen X they're in their forties in fifties now,
retirement is creeping up fast. Why is this generation in

(26:31):
such a tough spot?

Speaker 4 (26:33):
Well, John, gen x is in a financial squeeze. They've
been through multiple recessions, skyrocketing housing prices, and now inflation
is eating away at their savings. They've got aging parents,
kids heading to college or in college paying tuition, and
many of them are behind on retirement savings because life

(26:54):
just kept getting in the way. But you know what's
the real problem. They don't have pensions like boomers, and
they can't count on Social Security alone. That means if
they don't take action now, they're looking at a retirement
where they'll either have to work longer or drastically cut
their lifestyle.

Speaker 1 (27:12):
Right.

Speaker 2 (27:13):
Plus, working forever is really not a solid retirement strategy exactly.

Speaker 4 (27:19):
That's why they need a real plan, one that protects
their savings, maximizes their income, and ensures they don't run
out of money.

Speaker 2 (27:28):
Well, let's get practical, then, What are the top things
every gen xer should be doing right now to make
sure that they can retire on their own terms when
the time comes.

Speaker 4 (27:39):
Well, there's a retirement roadmap for gen xers to follow,
and it has five strategies. Firstly, they should maximize those
four oh one k and IRA contributions. If they're over fifty,
the IRS allows them to contribute even more so take
advantage of it. Time is still on their side. They've

(28:00):
got to start now. Secondly, debt. The less debt you
have in retirement, the more freedom you'll have. Downsizing or
paying off any outstanding debts whilst they're working means they'll
be in a stronger position when it comes to retirement. Thirdly,
gen xers need to think about multiple streams of income, investments,

(28:22):
rental properties, part time work, or even starting a small business.
The key is having a mix of reliable sources so
they don't outlive their money, as Social Security alone won't
cut it.

Speaker 5 (28:35):
Fourthly, taxation.

Speaker 4 (28:37):
Many gen xers have most of their savings in traditional
for OH one ks and iras, which means they'll be
taxed on withdrawals. Having a tax efficient withdrawal plan can
balance wrong conversions, tax free income sources, and smart distribution strategies. Finally,
seek help from a financial professional. At Kelly Financial, our

(29:01):
advisors do more than just pick stocks. They create a
full retirement strategy by helping with tax's, estate planning, income
projections to ensure clients don't run out of money, they
can take the guesswork out of retirement.

Speaker 2 (29:17):
So, if any of our listeners in their forties or
fifties are listening right now and realize they need to
get serious, what's the first step.

Speaker 5 (29:27):
It's simple.

Speaker 4 (29:28):
Sit down and assess your retirement readiness. Look at your savings,
your debt, your expected expenses and your income sources. If
they're not sure we're to start, simply contact us. We're
here to help. The best thing gen xers can do
is start today. Every year matters, and the sooner they

(29:49):
take action, the better their future will be.

Speaker 2 (29:52):
Okay, gen xers out there, listen to this wake up call.
If you want to retire with security, you need a plan.
Stop putting it off and start taking control. Are there
any available resources right now that our listeners can read
For more information, Kelly.

Speaker 4 (30:08):
There are our free investor guide called five Retirement Planning
Missteps to Dodge identifies five common mistakes people make before
they hit retirement, regardless if they're twenty five or fifty five.
The advisors at Kelly Financial can help people avoid these
and take charge of their financial future starting today as usual.

Speaker 2 (30:33):
Great advice now to get the guide and make a
complimentary appointment with a Kelly Financial advisor called eight eight
eight eight hundred eighteen eighty one or email Kelly at
Kellyfinancial dot org. When we come back, we'll get even
more specific about the key steps for gen xers to
take in order to retire successfully on their own terms,

(30:55):
on their own timeline, and the ways their advisors can help.
You're listening to Safe Money Strategies the radio show heard
don right here on WRKO and streaming on the iHeart app,
and we will be back in a flash.

Speaker 3 (31:12):
Safe Money Strategies brought to you by Kelly Financial Services.
Call eight eight eight eight hundred eighteen eighty one or
visit Kellyfinancial dot org.

Speaker 13 (31:23):
Hi.

Speaker 5 (31:23):
I'm Kelly Kelly.

Speaker 4 (31:24):
For twenty one years, Kelly Financial Services has been serving
people like you today. We are still guided by the
wit and wisdom of my late husband and co founder
Bill Kelly.

Speaker 7 (31:36):
When's the best time to plant a tree? Twenty years ago?
When's the second best time to plant a tree? Today? Tomorrow?

Speaker 4 (31:43):
Growth in all aspects of life are the hallmarks of
a fulfilling retirement. We're Kelly Financial. Come grow with us
and come retire with us.

Speaker 2 (31:52):
Are you moved by the transition from one season to another,
like winter into spring or summer interfall. Blackwise, we are
moved by life's transitions, losing a job, facing retirement, the
passing of a spouse. Are you prepared for the financial
hazards each transition brings to financial advisors at Kelly Financial
can help you triumph over life's transitions. Call eight eight

(32:14):
eight eight hundred eighteen eighty one or email Kelly at
Kellyfinancial dot org. Serving Boston for twenty one years.

Speaker 3 (32:23):
Safe Money Strategies eight eight eight eight hundred one eight
eight one.

Speaker 1 (32:28):
Come retire with us.

Speaker 2 (32:33):
And we are back. I'm John Budris, the co host
of Safe Money Strategies, and thanks for joining me this warning. Today,
we're talking about a generation that doesn't get nearly enough
attention when it comes to retirement, and that's Generation X.
You know, the folks born between the mid sixties and
the early eighties. They grew up on MTV. They still

(32:54):
listen to cassette tapes. They are just getting the Internet
on dial up. They knew how to use a rotary phone.
But what about now they're starting down retirement and it
may not look easy. So let's bring back Kelly. Kelly
CEO of Kelly Financial to talk about the specifics gen
Xers should know to plan that retirement successfully. Good morning

(33:18):
and welcome as.

Speaker 4 (33:19):
Always, Good morning, John, Happy to be back with you
on this Saturday morning.

Speaker 2 (33:24):
Before we dig into the retirement steps gen Xers should take,
let's just get a little refresher on who these folks are.
This is the generation that has been shaped by a
unique mix of factors.

Speaker 4 (33:37):
Yes, many gen xers grew up in dual income or
single parent households, often coming home to an empty house
after school. This made them independent, self sufficient and resourceful,
but also skeptical of institutions and authority. Gen X also
witnessed major recessions, the Bubble and the Great Recession of

(34:02):
two thousand and eight, which shape their views on money
and job security. They tend to value stability and financial independence,
but also learned to be adaptable and unlike boomers who
valued loyalty to employers, gen X was the first to
push for work life balance.

Speaker 5 (34:22):
They introduced remote.

Speaker 4 (34:24):
Work side hustles and career switching as normal strategies to
stay ahead in a changing job market.

Speaker 2 (34:32):
So why Kelly is the road for this generation so tough?

Speaker 5 (34:36):
Well? Gen Xers are in a unique spot.

Speaker 4 (34:40):
Unlike boomers, they don't have guaranteed pensions, and unlike millennials,
they didn't grow up with student loan forgiveness. They're in
the Sandwich generation, juggling aging parents and kids heading to college,
all while trying to save for their own retirement. Many
are hitting their peak earning years now, but within rising

(35:01):
healthcare costs and potential social security shortfalls, they need to
play serious ketchup.

Speaker 2 (35:07):
All right, So let's get brutally honest here. As Jeff
would say, as if we're in the confessional, how much
should a gen xer have saved by now?

Speaker 4 (35:17):
Ideally by age fifty, they should have saved as much
as six times their salary. But the reality is a
lot of them have far less. Some are just now
getting serious about retirement, which means they have to be
aggressive in their planning.

Speaker 2 (35:34):
When you say aggressive, do you mean like skipping the
six dollars coffee kind of aggressive? Will that cut it?

Speaker 5 (35:42):
Well?

Speaker 4 (35:42):
That would help, But it's more about making smart strategic moves,
for example, maxing out four oh one K contributions, looking
at ketchup contributions for those over fifty, and considering alternative
investments by defining what they want their retirement to look like,

(36:03):
they can start setting realistic savings goals.

Speaker 2 (36:06):
Okay, let's get specific. What should gen xers be doing
right now to avoid a retirement disaster.

Speaker 4 (36:14):
For starters, they should get real about their numbers and
know exactly where they stand. Look at retirement accounts, projected
social Security benefits and expenses, no more guessing. Then cut
their debt downsize if necessary. Debt from credit cards, second mortgages,
and student loans is a major roadblock, so paying it

(36:38):
off and even considering a smaller home can make a difference.
Now is a good time to take their retirement budget
on a test drive. If they can live on their
expected retirement income for a few months or even years
before retiring, they'll get a better idea if it's realistic.
They should also consider working with financial advisor. Our Kelley

(37:02):
advisors who work with all generations can help them create
a strategy that protects their savings from inflation, taxes, and
market volatility.

Speaker 2 (37:12):
Let's talk about inflation. Then, let me tell you I
feel it every time I go to the grocery store.
How much of a problem is inflation for gen xer's retirement?

Speaker 4 (37:23):
Huge Let's say they retire at sixty five and plan
financially to live another twenty five years. Even if inflation
stayed low, their cost of living would likely double in
that time. That's why gen xers need to focus on
strategies that outpace inflation, like stocks, rental properties, or even

(37:45):
a side business.

Speaker 2 (37:47):
You mentioned savings, which for this generation with aging parents
and college kids at the same time, I mean that
can be a real challenge. What are your thoughts on.

Speaker 4 (37:56):
That time is still on gen xer side, but they
need to ramp up savings aggressively. Contributing enough to get
the full employer match in their employer sponsored plan and
taking advantage of catch up contributions if they are over
fifty will make a difference. A financial advisor can also

(38:16):
guide them on personalized withdrawal and diversification plans to maximize savings.

Speaker 2 (38:23):
Kelly, you said that healthcare costs should be a consideration.
Does this generation typically worry about this now for their
retirement and if they don't, should they They should?

Speaker 4 (38:35):
Although a healthy lifestyle can save thousands and future health
care costs, they should start planning for upcoming medical expenses
if they are planning on retiring before Medicare eligibility.

Speaker 5 (38:47):
Which is age sixty five.

Speaker 4 (38:49):
They can explore options through employer retire plans, private insurance,
and health savings accounts or hsas. It's also not too
early to consider long term care insurance to protect their assets.

Speaker 2 (39:05):
If a gen xer is listening to this and realizes
they're behind, what's the very first step they should take.

Speaker 4 (39:12):
It's never too late to take control, but start today.
At Kelly Financial, you can sit down with one of
our fiduciary financial advisors who will work with you to
assess your savings and build a plan. Time is your
most valuable asset and every year counts.

Speaker 2 (39:30):
Do you have any available resources our listeners can access
to ensure they don't make financial planning mistakes at these
crucial times.

Speaker 1 (39:39):
We do.

Speaker 4 (39:40):
We have a free investor guide called five Retirement Planning
Missteps to Dodge that highlights what to do if they
don't have a fully mapped out retirement strategy, haven't contributed
enough towards savings, or haven't accounted for inflation, don't panic.

Speaker 5 (39:58):
There's good news.

Speaker 4 (39:59):
We can help gen xers take control of their future
and prepare for a more confident retirement.

Speaker 2 (40:06):
That's reassuring Kelly. Thanks to get the guide and to
make a complimentary appointment with a Kelly Financial advisor. Called
eight eight eight eight hundred eighteen eighty one or email
Kelly at Kellyfinancial dot org. It's all the time we
have for now. Thanks so much for joining me. You're
listening to Safe Money Strategies the radio show heard right

(40:27):
here on WRKO and streaming on the iHeart app.

Speaker 5 (40:31):
Stay tuned and we will be back in a moment.

Speaker 3 (40:33):
Zone Kelly Financial Services. Call eight eight eight hundred eighteen
eighty one.

Speaker 2 (40:44):
Ready to enjoy your golden years without worry At Kelly
Financial Reo. Retirement planning can be overwhelming. With more than
twenty one 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

(41:07):
eighty one or email Kelly at Kellyfinancial dot org. We're
Kelly Financial. Come retire with us.

Speaker 4 (41:13):
I'm Kelly Kelly from Kelly Financial. If you're a gen
X or, retirement is getting closer, but are you prepared
for it? Are you saving enough? How could inflation play
a part? And what about long term care costs? Our
Free Investor Guide five Retirement planning Missteps to Dodge will
answer these questions and more. For the guide, call eight

(41:34):
eight eight eight hundred eighteen eighty one or email Kelly
at Kellyfinancial dot org.

Speaker 5 (41:40):
We're Kelly Financial.

Speaker 1 (41:42):
Come retire with us Safe Money Strategies.

Speaker 3 (41:45):
Call eight eight eight eight hundred eighteen eighty one or
go to Kelly Financial dot org.

Speaker 9 (41:53):
Welcome back on Mike du said and you are listening
to Safe Money Strategies. Greg Workman is joining me in studio,
as he typically does each Saturday morning. Greg, we often
look to accomplish multiple objectives using a bucket strategy.

Speaker 1 (42:06):
Please walk our listeners through this approach.

Speaker 10 (42:08):
In a perfect world, you could find the perfect investment,
and so it might look like this. It would provide
you with a rate of return great enough to combat
inflation and help meet other long term objectives. The investment
would provide a steady source of inflation adjusted income that
you could depend on for as long as you live.
It would be completely liquid. You could withdraw as much

(42:31):
of the balance as you want anytime you want, without
ever having to pay any penalties. And your money would
be entirely protected from an investment loss. Unfortunately, there is
no perfect, single investment that meets this criteria, but that
doesn't necessarily mean that it is impossible to build a
portfolio that can give you a degree of these similar advantages.

Speaker 9 (42:55):
And the key is to understand that this requires what
we refer to as a bucket strategy. The idea is
to divide retirement assets into different buckets, each with investment
objectives that are in line with the purpose we identify
for a particular bucket. It's a strategy that has the
advantages of being both easy to understand and pretty straightforward
to implement.

Speaker 10 (43:15):
Because it's important to have a retirement emergency fund, you
should have a liquidity bucket. For conversation purposes. Let's say
that it's determined that an appropriate amount to set aside
for emergencies is about fifty thousand dollars.

Speaker 9 (43:30):
Now, the primary objective for this money is to keep
it safe and at the same time completely accessible without
any type of early withdrawal penalty.

Speaker 10 (43:38):
Again, nothing is perfect, so we can expect there to
be a trade off we'll have to make for this
safety and liquidity. Typically, what will need to be sacrificed
is growth potential. The key to this strategy is not
to try to overfill this bucket or any other. You
need to access cash in case of an emergency, but

(43:58):
you have to sacrifice other things that will also need
in order to get liquidity.

Speaker 9 (44:03):
Now, after the liquidity bucket, we then design an income
bucket because you need to replace your paycheck that you
lost when you retired.

Speaker 10 (44:10):
The primary objective for this income bucket is to generate
a steady cash flow over a long period of time
that can be used for retirement income. But because the
stability of your income is key to secure retirement, it
can be a mistake to choose something risky as the
investment in this bucket uses a retirement income generator.

Speaker 9 (44:32):
Now, what should retirees be prepared to give up in
order to get this secure income.

Speaker 10 (44:36):
As with your liquidity bucket, growth is typically what will
need to be sacrificed to one degree or another. In fact,
to provide sufficient income, this bucket will most likely need
to use both interest earnings as well as a portion
of the principal balance to make up the cash flow
that is generated. Because of this, a reasonable expectation should

(44:58):
be that the dollar balance in this bucket will consistently
decline over time.

Speaker 9 (45:03):
The amount of savings that you might allocate to this
bucket will depend on the amount of income you need
or want.

Speaker 10 (45:09):
For most clients, I recommend allocating only enough money so
that the resulting income, combined with guaranteed sources like social Security,
is sufficient to pay essential living expenses. It's difficult to
enjoy retirement if each month you have to worry where
the money will come from to pay for groceries, your mortgage,
or any other bills that must be paid.

Speaker 9 (45:28):
A question many clients often ask is why not allocate
more to this bucket so that I have more income.

Speaker 10 (45:34):
In some cases, this may make sense, but for most
it doesn't. The reason is that to meet longer term needs,
we can't only focus on income alone. It will also
be very important to maximize the growth potential on some
portion of your savings.

Speaker 9 (45:50):
Any savings that is not allocated to the liquidity bucket
or income bucket should be placed in a growth bucket.

Speaker 10 (45:57):
The primary objective for the growth bucket is to provide
the growth needed to help keep up with inflation and
meet other long term retirement needs.

Speaker 9 (46:08):
To maximize growth potential, you should be willing to take
on some risk.

Speaker 10 (46:11):
Historically, the stock market has been a great place to
grow wealth over the long haul. But to achieve this growth,
the investor must be willing to put up with the
short term ups and downs that are typical of investing
in the stock market when it comes to achieving needed growth.
The great thing about using this type of bucket strategy
is that as long as the objectives of liquidity and

(46:34):
income have been met by their respective buckets, any short
term volatility or fluctuations in the value of the growth
bucket should not be as concerning.

Speaker 9 (46:44):
Compare this to a person who has all or most
of his savings in the stock market. In other words,
he only has one bucket that only contains stocks, mutual funds,
or other investments offering a high growth potential. This might
appear to be a good strategy when the economy and
stock market are doing well, but what about during the
inevitable bad periods.

Speaker 10 (47:03):
What I see is that without a safe emergency fund
and without a secure source of income, retirees often have
a big change in attitude about their spending. It can
be very hard for these people to truly spend with
confidence and enjoy their retirement when the value of their
portfolio just dropped with the market, let's say twenty percent.

Speaker 9 (47:23):
There is no such thing as a perfect investment, and
this bucket strategy also isn't perfect. Everything requires trade offs.
The goal is to give up the things you don't
value or are less important in exchange for things you
value more. As a financial advisory firm that specializes in
retirement planning, one of the ways we serve our clients
is to help them understand the trade offs involved with

(47:46):
any investment, financial instrument, or strategy. The goal is to
end up with a more comprehensive plan that provides our
clients the greatest opportunity to enjoy their retirement.

Speaker 10 (47:56):
If you don't have a plan, or if you aren't
confident that it will take, thank you in the right direction.
Call us today and schedule a complementary consultation with our team.
You can reach us at triple eight eight hundred eighteen
eighty one. Again that number is eight eight eight eight
hundred one eight eight one. Don't procrastinate. Call in, schedule

(48:19):
your appointment and let us walk you through our complete
retirement review and analysis. With that, I'm Greg Workman.

Speaker 9 (48:27):
And I'm Mike, you said, join us next week For
more safe money strategies.

Speaker 3 (48:35):
Kelly Financial Services go to Kelly Financial detO.

Speaker 8 (48:39):
Let me tell you about Kelly Financial Services. It's twenty
twenty five and it's time to get serious about your
retirement goals. You've put in the years, You've worked hard,
and now it's all about insuring your money works just
as hard for you. Retirement isn't what it used to be.
Between inflation, taxes, and healthcare costs, you need a real

(49:00):
income strategy. The advisors at Kelly Financial can help create
a plan to protect your savings and generate a steady income.
They also have a free investor guide it's called your
Retirement Income Planning Checklist, which might just help retirees address
any challenges they may face in creating their retirement income

(49:21):
they need for their desired lifestyle. So for a free
copy of the guide or to set up a free
retirement consultation, call eight eight eight eight hundred eighteen eighty
one eight eight eight eight hundred eighteen eighty one, or.

Speaker 1 (49:35):
Email Kelly at Kelly Financial dot work.

Speaker 3 (49:39):
Safe Money Strategies Call now on eight eight eight eight
hundred eighteen eighty one or go to Kelly Financial dot Org.

Speaker 10 (49:50):
From Heaven one.

Speaker 1 (49:53):
No, you waw heaven writing honor a little you.

Speaker 7 (50:16):
So this is William Kelly then yep, that's right. Your
name again, say your name place.

Speaker 13 (50:22):
William Kelly, junior, June junior.

Speaker 7 (50:28):
Now I'm going to ask you some questions for the folks. Okay,
so you have to answer me very well. Okay, okay.
What school do you go to?

Speaker 13 (50:37):
Hmmm? Same filminos and are graduated?

Speaker 7 (50:42):
So what did you graduate from?

Speaker 13 (50:45):
Kindergarden?

Speaker 7 (50:46):
You graduated from kindergarten?

Speaker 13 (50:48):
Yeah?

Speaker 7 (50:49):
Now, how was kindergarten? Did you like it?

Speaker 13 (50:51):
I loved it?

Speaker 7 (50:52):
You did? What were some of the projects you did?

Speaker 13 (50:55):
We did so many I can't think about them.

Speaker 7 (50:59):
There was one animal let a long neck. He was furry.
What was that project? You guys? You made him in
a forest. I guess you got wool from the animal.
What the will the animal that had the wool? The brown,
furry animal. He was tall. He looked like a horse. Lama, Okay,
that was pretty good.

Speaker 13 (51:16):
It used to be camels.

Speaker 7 (51:18):
They were camels at one time, and they turned into lamas.

Speaker 13 (51:24):
Rocky places. I used to live in sandy places. That's
when they're camel really and they have camel first on them.
But they're still but they're but their name is different. Yeah,
they're really not Almas.

Speaker 7 (51:40):
They're really not their camels. They were camels like a
million years ago. Yeah, and let me see what else
did you study. You've been to some camps this and.

Speaker 13 (51:49):
This is my last day this camp.

Speaker 7 (51:52):
What was the camp?

Speaker 13 (51:54):
What's cooking? Ham?

Speaker 7 (51:55):
Who did you guys make?

Speaker 13 (51:57):
We made gingerbread men great Christmas morning creat pan.

Speaker 7 (52:03):
Wow. I noticed a little kind of fluffy thing like
a crape.

Speaker 13 (52:07):
Huh oh, that was when we had that little mix.

Speaker 7 (52:11):
And then you did bug camp. How was the bug camp?

Speaker 13 (52:14):
Good? I don't have bug camp anymore.

Speaker 7 (52:16):
And you brought home some crickets. They stayed a couple
of nights.

Speaker 13 (52:18):
Then you let them go in the morning.

Speaker 7 (52:21):
Very good. We gave a little speech the other night
from the porch about America. Right, that was a pretty
good speech.

Speaker 13 (52:27):
Again Yeah, yeah, yeah, I missed a joy.

Speaker 7 (52:31):
What do you like best about America?

Speaker 13 (52:33):
That's the best country in the world.

Speaker 7 (52:36):
So you learned a lot of things about planets this year.

Speaker 13 (52:38):
Right, yeah? Or so much?

Speaker 7 (52:41):
Really? What is a dwarf planet? Which planet is a
dwarf planet?

Speaker 13 (52:45):
Pluto, Pluto.

Speaker 7 (52:46):
Do you think it's a planet? I think we could, right,
it's kind of a planet, right, yeah? And what is
the red planet m Mars? And what goes around the
Earth as a satellite the Moon?

Speaker 13 (53:01):
The Moon?

Speaker 7 (53:03):
You smart? What else would you like to tell the
people this week? Anything?

Speaker 13 (53:06):
We had to test. Every day we did test.

Speaker 7 (53:10):
Wow, that's something at the end.

Speaker 13 (53:13):
Every day we did math, test, every day we did science. Yes,
every day we did well. The first day we went
outside and played like a hundred times. Okay, so those
first and second for an enforce fifty and six and
seven and all that's les of all numbers in one

(53:38):
hundred days, yes, or a past wow, because we had
the one hundred day already.

Speaker 7 (53:47):
And you want to say goodbye to the folks, yep, Okay,
go ahead, say goodbye folks, bye okay, and we'll see
you later. Thank you for coming on the show.

Speaker 13 (53:57):
I love you, I love you too, and bye bye.
Have have got good time.

Speaker 3 (54:06):
Bye safe Money strategies eight eight eight eight hundred one

(54:39):
eight eight one.

Speaker 1 (54:41):
Come retire with us.

Speaker 4 (54:43):
I'm Kelly Kelly from Kelly Financial. If you're a gen
X or, retirement is getting closer. But are you prepared
for it. The retirement landscape has changed, pensions or rare,
social Security might not be enough, and healthcare costs just
keep rising. When it comes to your future, don't go
it alone. Getting a retirement plan in place is essential.

(55:06):
The advisors at Kelly Financial can create a personalized income
plan that can help you maximize savings, manage taxes, and
put you in control of your retirement. We also have
a free investor guide that might help. It's called five
Retirement Planning Missteps to Dodge. It offers guidance on how
to avoid potential pitfalls when it comes to planning for

(55:27):
your retirement. For the guide or for a free consultation
with a Kelly advisor, call eight eight eight eight hundred
eighteen eighty one or email Kelly at Kellyfinancial dot org
where Kelly Financial.

Speaker 5 (55:41):
Come retire with us.

Speaker 3 (55:43):
You're listening to Safe Money Strategies Radio. To listen to
this or any show in its entirety, go to Kelly
Financial dot org and click radio rewind that's Kelly Financial
dot org.

Speaker 2 (55:59):
The newsbreak has come up, and during the break, take
the time to give a call at eight eight eight
eight hundred eighteen eighty one and make 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

(56:20):
helping out with your grandchildren's college. You 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.

(56:42):
So call us at eight eight eight eight hundred eighteen
eighty one, or visit us at Kelly Financial dot org
and raise a toast.

Speaker 1 (56:48):
To your financial future. Eight eight eight eight hundred, eighteen
eighty one.

Speaker 2 (56:53):
Kelly Financial Services with offices in Braintreet and Burlington. All right,
see you next week is 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 Services.

Speaker 1 (57:06):
Information has been obtained from sources deemed to be reliable,