Kelly Financial: Saturday, October 18, 2025

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Episode Transcript

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

Speaker 2 (00:20):
Ladies and gentlemen.

Speaker 3 (00:21):
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 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

(00:45):
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
who believed in giving back and walking the talk. Since five,
our show has remained a Saturday morning staple, offering insight
and empowerment. Here at Kelly Financial, we help steward over

(01:07):
seven hundred million dollars across our affiliated business, including more
than five hundred million dollars managed by our sec registered
investment advisory, where fiduciary care and our family 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,

(01:32):
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. 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. This is Safe Money Strategies.

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

Speaker 1 (02:02):
Safe Money Strategies with William Kelly and Kelly Kelly eight
hundred eighteen eighty one.

Speaker 4 (02:15):
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
where I sit down with my son William Kelly Junior,
and we talk about life, what's going on in the world,
and our family and what really matters most when you're

(02:37):
planning for the future. Sometimes it's light, sometimes it's thoughtful,
but it's always real.

Speaker 5 (02:43):
Good morning, William.

Speaker 2 (02:45):
How are you. I'm fine, mob How are you.

Speaker 5 (02:47):
I'm doing great. I'm doing great.

Speaker 2 (02:49):
I know. We had a very successful event, didn't we
We did.

Speaker 4 (02:53):
We did on October fifteenth, Wednesday afternoon, and it was
with Jeff koon Are at the iHeartMedia Studios and it
was just fabulous.

Speaker 2 (03:05):
It really was.

Speaker 3 (03:05):
Yeah.

Speaker 2 (03:06):
We also had some advisors there.

Speaker 3 (03:08):
Mike Ducett was there, Greg Workman was there, Greg Murray
was there, Greg Madalin was there.

Speaker 4 (03:12):
Mike Ducett, who is also our chief operating officer, spoke
about our firms ninety eight percent client retention rate. That
is a testament to the trust and relationships that we
have built for more than two decades. Greg Workman focused
on what makes Kelly Financial different. He also spoke that

(03:36):
we are more focused on service than sales, and that
is a place where advisors can truly put clients first.

Speaker 3 (03:46):
John Boutris is even there. Yes, and John is doing
really well. He was very happy to be there and
he announced. So before I tell you what he announced,
I'm going to give you some context. John has a
three decker house in Brockton It's been in his family
for generations, and I mean generations.

Speaker 2 (04:06):
And my father, who.

Speaker 3 (04:07):
Wrote Baileybrook Farm, you know, a memoir on his growing
up in a farm in Middletown, Rhode Island, he always
said to John how much he regretted selling that house.
I think even wrote in it in his book, Baileybrook Farm,
how he really regretted not being able to keep that farm.
And you know, the family sold it. And so he

(04:28):
always told John, no matter what, never sell that house,
never sell that house. And so John has never sold
the house. And instead he's decided, you know, for his legacy,
he's going to convert it into a hospice care foundation.

Speaker 2 (04:44):
That's beautiful, isn't it. It's so John Boutris. It is
so John Boutris.

Speaker 3 (04:49):
He'd always been talking about something along those lines, you know,
but he would kind of reminisce about it. But now
that he's actually doing that, it's just incredible. And I mean,
he is the planned down and ladies and gentlemen, I
think at some point we'll share more.

Speaker 2 (05:05):
Details because I would.

Speaker 3 (05:06):
I invite you to contribute if you can, and the
first and most important thing you can contribute is prayers.

Speaker 2 (05:12):
That's the first thing, absolutely.

Speaker 3 (05:15):
And the second thing is if it is totally appropriate
and okay with you, if you would like to donate.
I know it would help John tremendously because there's a
lot of funding I know he needs to get and
you know, John is very resourceful and I'm sure he'll
figure it out. Ladies and gentlemen, but I think we can.

Speaker 5 (05:32):
Help out, and I think legally he has all of.

Speaker 2 (05:35):
That set up. He does.

Speaker 3 (05:37):
Yeah, so it's just obviously it's going to be a
process and it's going to take a couple of years.
But with his plan, it's very doable and he's very
organized and he knows the law and he knows what
things he needs to set up.

Speaker 2 (05:48):
Funding is going to be a big part of it
as well. Yeah. Yeah, so we're going to.

Speaker 3 (05:52):
See I'm just so excited for him because that's just beautiful.

Speaker 4 (05:56):
And there will be the will you made Kelly Family Wing.

Speaker 3 (06:00):
Yeah, he announced that at the endow it really was.
The event is recorded. I'm sure you'll find it if
you're part of our email blasts, I'm.

Speaker 2 (06:08):
Sure you'll be able to see it.

Speaker 5 (06:09):
Absolutely.

Speaker 2 (06:10):
Yeah, it'll definitely be out.

Speaker 3 (06:11):
I was able to meet a couple of folks who
are interested in getting my book, and they asked me,
where is your book, William, And unfortunately I had to
tell them that it's not out yet.

Speaker 2 (06:21):
A little close is close close, that's true, So it's
almost out. It'll be out. I would say, give me
less than a month at tops and Ladies and gentlemen,
if you would like to get a free copy, let
us know.

Speaker 4 (06:32):
Yes, Kelly Financial Services is paying for the first run.

Speaker 2 (06:38):
Yes, ma'am, that's yes, and.

Speaker 4 (06:39):
We will provide for our clients, for our listeners, friends, family,
Oh yeah, yes, and William will.

Speaker 5 (06:47):
Be signing each and everyone and mailing them out.

Speaker 3 (06:50):
That's right, right, So that'll be a lot of fun,
it will I'm looking forward to I'm really looking forward
to signing them. I'm looking forward to meeting people and
then when the look is out, I can't wait to
speak to folks about it. Jeff Coooner has been an
amazing salesman. He if you want someone to sell something
for you, you just talked to Jeff, Ladies and gentlemen,

(07:12):
I said this Wednesday night.

Speaker 2 (07:13):
He knows how to market and he just he believes
in it.

Speaker 5 (07:17):
You know, whatever it is that he believes in you William.

Speaker 2 (07:20):
That's so sweet. He's been like a father to me
when I didn't have one. You know, he really helped
me grow up.

Speaker 3 (07:26):
And you know, I wanted him to know that, because
that's true.

Speaker 2 (07:29):
He was a father figure for me.

Speaker 3 (07:30):
He was, you know, more than what he had done
in the in the career side for us, which is
more than enough. He also is on the family side
and the spiritual side.

Speaker 2 (07:41):
Was a role model. He just he's a gift that
keeps on giving, you know. That's how I see it
is he is.

Speaker 4 (07:47):
Wednesday night was like we were all sitting around like
our kitchen table kind.

Speaker 2 (07:53):
Of that's a good way to put it, you know.

Speaker 4 (07:55):
It was typically I get really nervous, and you don't.
I was a little bit still. Of course, something will
be weird if I went and you know, a little nervous, yes,
But but it was like we were sitting around our
kitchen table with all these wonderful people.

Speaker 3 (08:13):
I felt my aunts and uncles and grandparents. It's literally
how it feels I grew up around them, you know.
And then I I'll see this one gentleman. I'm not
going to say his name, you know, to protect him,
but he's such a fine guy.

Speaker 2 (08:26):
He reminds me of Joe a lot.

Speaker 3 (08:29):
And I remember we we were talking. He said, I
remember he was a thick Italian accent. Yeah, Italian accent.
I love him to death. And he said, I remember
when you were this high. He said, I remember when
I first met your father. It's incredible how many people
come in and they just they speak about my dad.
And keep in mind, ladies and gentlemen, for those who

(08:50):
don't know. My dad passed away eight years ago, and generally,
and I don't mean this negatively, but sometimes people forget,
you know what I mean for my father to make
that much of an impact in this world where people
still come up and they talk about him like it
was yesterday. I remembered your father. I listened to your
father every weekend. I loved your father, you know. To

(09:13):
be honest, I expected to only hear that for the
first couple of years and then it be gone.

Speaker 2 (09:16):
But here we are eight years later, Yeah, and it's
still these messages.

Speaker 5 (09:20):
Are still influence. He will always influence us.

Speaker 4 (09:23):
He always made me want to be a better person,
exact and I never wanted to let him down.

Speaker 3 (09:28):
He inspires me and my businesses. He inspires Kelly Financial.
The reason why everybody dress is so sharp at Kelly
Financial is because of my father. The reason why we
care so much about family and God is because of
my father.

Speaker 2 (09:39):
And you you know what I mean.

Speaker 3 (09:40):
Keep mind you're a co founder and you know you're
you're just as Christian as my dad was.

Speaker 6 (09:44):
Yeah.

Speaker 5 (09:45):
I was always on the back end of.

Speaker 3 (09:46):
Things, right, And you helped support him. Yeah, but he
was kind of the He was the leader, and now
you're the leader, and now we're all supporting you. And
he built the foundation he did, and look at it
now and just these incredible It inspires me, It inspires Murray,
Madeline inspires our advisors talk about it, and they didn't
know my dad personally.

Speaker 5 (10:05):
I know, really, Greg Murray was the only one.

Speaker 2 (10:08):
Yes.

Speaker 6 (10:08):
And Greg was saying Wednesday night that he that it
was he came into this industry because of Bill Kelly,
and he worked with him for seven years and now.

Speaker 7 (10:19):
It's been eight years that he's worked with me, just me,
and he makes fantastic He really is, Greg really is.
And tonight we're actually celebrating that's right.

Speaker 2 (10:30):
We're going to Newport.

Speaker 4 (10:31):
Special Dinner, a special restaurant, Ark cook House delicious, incredible place,
ladies and gentlemen.

Speaker 5 (10:38):
It was your father's favorite.

Speaker 3 (10:39):
The Clark Cookhouse was my dad's favorite. I think you
might have might have spent a little too much over there.
But you know, my dad was. He grew up very
poor and he was very proud of all the work
he was able to accomplish. Yes, as Jeff put it,
he was an old fashioned capitalist. It was like, you
know what you do well, you get wealthy, but then
you help everybody.

Speaker 2 (10:58):
Yeah, you know what I mean.

Speaker 3 (10:59):
And even said he's like, that's going away in America.
People are focusing too much on the numbers and the
spirit is out.

Speaker 2 (11:06):
And I agree with Jeff.

Speaker 3 (11:07):
I that's a type of capitalist I want to be.
That's a type of capitalist we are. We really love
our clients, we do, William, it's incredible. So this is
a gift. It's a gift from God. This company is
just a culmination of that. So we're very proud to
call all of you our clients. And if you're a prospect,
you're welcome to any of these events.

Speaker 4 (11:26):
We love to meet absolutely absolutely well, said William.

Speaker 5 (11:30):
Amen, do keep us on your dial.

Speaker 4 (11:33):
We've got a lot of great content coming your way,
Mike do Said and Greg Workman. We'll share how one
couple nearing retirement found clarity and confidence by bringing every
part of their plan into focus. Mary, Madeline Kelly and
Greg Murray will be diving into a timely question should
you ever invest in gold or crypto? And what role,

(11:55):
if any, do they really play in a solid retirement strategy.

Speaker 5 (11:59):
Will be with William.

Speaker 4 (12:01):
We will reflect on the power of momentum, how small,
steady actions can shape real financial progress and peace of mind.
And of course we'll close the hour with some in
wisdom from.

Speaker 5 (12:13):
The late Bill Kelly.

Speaker 4 (12:15):
His words continue to inspire and guide us. That's a
wrap for forever, Young thank you for listening, and William,
thank you for joining me.

Speaker 5 (12:23):
We'll be back with more content. I love you, Honey,
I love you too, Mama.

Speaker 1 (12:32):
Kelly Financial Services eight eight hundred, eighteen eighty one. I
believe that this nation should commit itself we achieving.

Speaker 8 (12:41):
The goal of landing a man on the Moon and
returning him safely to the Earth set.

Speaker 9 (12:48):
Five four three two one zero all engine.

Speaker 2 (12:54):
Run, Look God, Look God.

Speaker 9 (12:56):
And to follow up, 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

(13:17):
you set and reach 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.
Where do you want to land with techuality, pavior be landed.
We are Kelly Financial Services. Come retire with us.

Speaker 10 (13:38):
Okay, my friends, let me tell you about Kelly Financial Services.

Speaker 2 (13:42):
What would you do if.

Speaker 10 (13:43):
Your boss called you in tomorrow and said you're done, sayonara,
no more paycheck. For many Americans in their fifties and sixties,
that's not a hypothetical. Layoffs, buyouts, early retirements. They're happening
every single day, and if you're not prepared, it can
be devastating. That's why Kelly Financial created the ten step

(14:06):
Layoff Survival Guide. It's simple, clear, and practical. It shows
you how to figure out your living expenses, evaluate a
severance package, protect healthcare coverage, and make smart choices about
social security and retirement accounts. So if you are someone
you care about is facing a layoff or even considering
early retirement. You don't have to go through it alone.

(14:29):
Call Kelly Financial right now eight eight eight eight hundred
eighteen eighty one. Eight eight eight eight hundred eighteen eighty one.
Get your free copy today or email Kelly at Kellyfinancial
dot org. Kelly at Kelly Financial dot org.

Speaker 8 (14:49):
Welcome back to Kelly Financial, Safe Money Strategies. I'm Mike
du Said, chief operating officer here at Kelly Financial Services.
Joining me as always is Greg Workman, our firms investment advisors.

Speaker 2 (15:02):
Greg. Good to be with you again, Always great to
be here, Mike.

Speaker 11 (15:05):
We've got a really interesting discussion lined up today, a
real world case study that I think a lot of
our listeners will be able to relate to.

Speaker 8 (15:14):
Absolutely every week we talk about strategies to help you
plan and protect your retirement, but today we're going to
walk you through a real example of how we help
folks put those strategies into action. This week's case involves
a couple named Robert and Sheila Right.

Speaker 11 (15:29):
Robert is fifty nine and Sheila is fifty seven. They
live on the Cell Shore, have four adult children, and
both are working full time Robert works on it and
Sheila is a registered nurse who has been with the
same hospital system for more than thirty years.

Speaker 8 (15:46):
They're a hardworking couple, and like many of our listeners,
they've done a good job saving over the years.

Speaker 2 (15:51):
Robert has about one point two million in his current
four oh one.

Speaker 8 (15:54):
K, plus several IRA accounts that came from previous employer rollovers,
built up around seven hundred and fifty thousand in her
four h three B. They've also accumulated over one hundred
thousand savings and own a handful of CDs.

Speaker 11 (16:09):
That's a strong foundation, but there's more to their story.
They still have a mortgage with several years left, and
they've been debating whether it makes sense to pay it
off before retirement.

Speaker 2 (16:19):
On top of that, they're helping.

Speaker 11 (16:21):
With a few small student loans for their kids, and
their youngest daughter is getting married next year. They have
generously set aside a seventy five thousand dollars budget for
her wedding.

Speaker 8 (16:33):
So while they've saved well, they're juggling a lot of
moving parts, debt decisions, cash flow needs, and timing big expenses,
all while trying to plan for retirement. Sheelah will qualify
for a pension through her hospital, and they'll both be
eligible for social security. They want to make the right
choices with both, especially since longevity runs in their families, and.

Speaker 11 (16:54):
Like so many people we meet, Roberts also starting to
question whether his investments match where he's about to be
in life. His four oh one K has been invested
pretty aggressively. He told us that he only changes allocations
every few years, usually after hearing an idea from a
colleague at work, but his gut is telling him it's

(17:16):
time to dial back the.

Speaker 8 (17:18):
Risk exactly, and Shala mentioned that her four h three
B hasn't performed as well as she expected, especially given
how strong the markets have been. That raised another concern,
how their money is being managed and whether it's working
efficiently for them.

Speaker 11 (17:33):
Their top concerns were clear running out of money, making
the wrong pension or social security decisions, and not knowing
if their investments were properly aligned with their goals.

Speaker 8 (17:45):
And those are legitimate concerns because all of those decisions
are interconnected. The pension choice impacts source security timing, which
affects cash flow, taxes, and.

Speaker 2 (17:56):
Ultimately how long their money will last.

Speaker 11 (17:58):
That's why they reached out to us. They wanted clarity, structure,
and a plan that coordinates all the pieces their income, investments,
and tax strategy into one cohesive.

Speaker 8 (18:10):
Roadmap exactly, and that's where the planning process really begins,
understanding their options and building confidence in the choices they make.
So let's start with Sheila's pension, because that was one
of her biggest questions.

Speaker 11 (18:23):
Sheila has been a nurse for over thirty years, and
like many in the healthcare field, she will have a
pension through her hospital system. When we met with her,
she had a few different options. She could take a
lumps on payout, a single life annuity, or a joint
and survivor benefit that would continue income to Robert if
she predeceased him.

Speaker 8 (18:43):
Correct, And what we explained to her is that the
right pension choice depends on several factors, health, longevity expectations,
other income sources, and how much flexibility they want in
their retirement income plan. For Robert and Sheila, longevity runs
in the family, so a lifetime income stream made a
lot of sense.

Speaker 11 (19:02):
The joint and survivor option provided a bit less monthly
income up front, but it protected the surviving spouse for life.
It's not always the highest payout, but it is the
one that provides the highest level of peace of mind.

Speaker 8 (19:15):
And that's the key. We also looked at the lump
sum option. Sometimes taking a lump sum can make sense
if you want more control or flexibility with how those
dollars are invested, but it also introduces market risk. In
their case, given shale As desire for predictable income, we
showed how the pension could fit neatly into a structured
income plan alongside Social Security, which.

Speaker 11 (19:37):
Brings us to the next big question, when to start
taking Social Security. They're both leaning toward delaying because they're
in good health and longevity runs in the family, but
they really wanted to know how much of a difference
that would actually make.

Speaker 8 (19:53):
Right and this is where math and planning really come together.
We ran multiple scenarios for them, claiming early, aiming at
full retirement age, and delaying until age seventy, and the.

Speaker 11 (20:03):
Results surprised them. By delaying, they could increase their combined
lifetime Social Security benefits by more than two hundred thousand
dollars compared to claiming early. But it wasn't just about
maximizing benefits. It was about aligning the timing, what their
income needs and overall tax picture exactly.

Speaker 2 (20:24):
For Robert and Shale, the goal was.

Speaker 8 (20:26):
To cover their fixed expenses with guaranteed income Shales pension
and the delayed source security, and then use their investment
accounts for discretionary spending and future growth.

Speaker 2 (20:36):
That's a smart way to structure it.

Speaker 11 (20:38):
Once your essential expenses are covered by income sources that
you can't outlive, it takes the pressure off your portfolio,
not to mention, you don't have to worry about day
to day fluctuations.

Speaker 2 (20:50):
In the stock market, or at least not as much.

Speaker 8 (20:53):
And that's the foundation of what we call an income
first retirement plan. Start with predictable cash flow and then
build everything else around it. And that brings us to
the mid show break. After this, we'll dive into their
investment planning. How Robert and Shell evaluated risk, realigned their portfolios,
and prepared their money to support their retirement goals.

Speaker 2 (21:14):
You're listening to safe money strategies, Stay tuned, We'll be
right back.

Speaker 1 (21:21):
Kelly Financial Services eight eight eight eight hundred eighteen eighty one.

Speaker 4 (21:26):
I'm Kelly Kelly from Kelly Financial is your financial advisor?

Speaker 5 (21:30):
A fiduciary.

Speaker 4 (21:31):
In other words, are they legally required to act in
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 eighteen
eighty one or email Kelly at Kelly Financial dot org.

Speaker 5 (21:53):
We're Kelly Financial. Come retire with us.

Speaker 1 (21:57):
The money Wrap with Kelly Financial Advice, says Greg Murray
and Mary Madeline Kelly.

Speaker 2 (22:04):
Hello.

Speaker 12 (22:04):
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. How are you
doing today?

Speaker 9 (22:14):
Hi?

Speaker 13 (22:14):
Greg, I am doing well. It has been a great week,
albeit a heavy one. Last Wednesday was the eighth anniversary
of my father's passing, and instead of being sad, we
decided to invite listeners to join us at wrko's iHeart
Studio for a day filled with fun, laughter and connection.

(22:35):
We all had a fabulous time exploring where the magic
happens for our show and being able to share the
relationship that my family shares with Jeff and his family.

Speaker 12 (22:44):
It is definitely bittersweet. I spent seven years working and
learning with your father, and it's been eight years without him.
It was a nice celebration of life we had on Wednesday,
reminiscing about the time we spent with him and the
lessons he taught us, like do not eat off a knife.

Speaker 13 (22:59):
He was notorious for having very specific superstitions. Eating off
of a knife is apparently bad luck. So I'm glad
he saved you from all of that. In other news,
I am excited for today's topic because this is one
that always sparks debate.

Speaker 2 (23:14):
Should you ever invest in gold or crypto?

Speaker 12 (23:17):
That's right, We get this question all the time. People
hear about gold being a safe haven in crypto being
the future of money, and they wonder if they should
jump in or stay far away.

Speaker 13 (23:25):
Exactly, And the short answer is it depends. Both gold
and cryptocurrency can play a role in a portfolio, but
for very different reasons and in very small amounts.

Speaker 12 (23:36):
We'll start with gold. Gold has been around for thousands
of years. It's often seen as a store of value,
something that holds its worth when markets get rocky or
inflation rises.

Speaker 13 (23:44):
Right when people lose confidence in paper money or the
stock market. Gold tends to do well because it's tangible,
you can hold it, and it doesn't depend on a
company's earnings or government's promise to pay.

Speaker 12 (23:56):
That's true, but the flip side is gold doesn't produce anything.
It doesn't pay dividends or interests. It's value comes mainly
from what people are willing to pay for it. So
while it can be a hedge, it's not an income
producing asset exactly.

Speaker 13 (24:08):
So we usually tell clients that gold can be a
small part of a diversified portfolio, but it shouldn't be
the foundation of your retirement plan.

Speaker 2 (24:16):
It's more like insurance. Well said.

Speaker 12 (24:18):
Now let's talk about the newer, flashier topic cryptocurrency, bitcoin
ethereum in all the rest. This space has grown rapidly
in the last decade, but it's been extremely volatile.

Speaker 13 (24:28):
Yes, crypto can swing ten percent or more in a
single day.

Speaker 2 (24:31):
It's not for the faint of heart, but it.

Speaker 13 (24:33):
Has attracted investors who see it as digital gold, meaning
an alternative store of value that's outside of traditional banking systems.

Speaker 12 (24:40):
And while the technology behind it, the blockchain, is fascinating
and potentially useful in many industries, the currencies themselves are
very speculative. There's no central authority, no guaranteed backing, and
no clear long term track record like we have with
stocks or bonds.

Speaker 13 (24:54):
So our message is usually if you're curious about crypto,
that's okay, but treat it like a speculator investment, something
you can afford to lose, but not twenty percent.

Speaker 2 (25:03):
That's the key moderation.

Speaker 12 (25:05):
You don't have to ignore gold or crypto completely, but
you also don't want to bet your retirement on them.
The foundation of your portfolio should still be well diversified,
time tested investments that produce income and long term growth.

Speaker 13 (25:17):
Things like high quality stocks, bonds, and diversified funds are
what create real wealth over time. Gold and crypto can
add diversification or protection, but they're supporting players.

Speaker 2 (25:28):
Not the stars of the show.

Speaker 12 (25:29):
And another thing to keep in mind is emotional investing.
Both gold and crypto tend to surge when fear is high,
fear of inflation, fear of markets, fear of missing out,
and that can cause people to buy at the worst
possible time, when prices are already inflated.

Speaker 2 (25:43):
Yes, that's a great point. We've seen it with both.

Speaker 13 (25:45):
People rush into gold during recessions and into crypto during
booms and then regret it later. A calm, long term
plan always wins over emotional decisions.

Speaker 12 (25:54):
So for anyone listening and wondering if they should own either,
the answer might be a little can be fine for
the right reason and in the right proportion, but your
financial future shouldn't hinge on either one.

Speaker 2 (26:04):
Exactly.

Speaker 13 (26:05):
If you're planning for retirement, you want assets that provide income,
growth and stability. Gold and crypto are more like side dishes,
not the main course.

Speaker 12 (26:14):
I love that you can have a little taste, but
you can't live off of it, That's right.

Speaker 13 (26:18):
So the takeaway here is gold and crypto both have roles,
but small ones use them to diversify or hedge, not
to replace the fundamentals of a solid financial plan.

Speaker 2 (26:28):
Well said.

Speaker 12 (26:29):
So if you're wondering how these types of investments might
fit into your own portfolio, come talk to us at
Kelly Financial. We'll help you understand where they may or
may not make sense in your overall.

Speaker 13 (26:37):
Strategy, because at the end of the day, investing should
be about peace of mind, not chasing the next shiny object.

Speaker 2 (26:44):
Exactly.

Speaker 12 (26:44):
Well, that's going to wrap it up for us today.
Thank you for your time, Mary Madeline, and I'll talk
to you next week.

Speaker 13 (26:49):
Thanks Greg, you too.

Speaker 1 (26:50):
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. Safe Money Strategies with
William Kelly and Kelly Kelly. Call the team on eight
eight hundred eighteen eighty one.

Speaker 4 (27:18):
This is Kelly Kelly and I'm back with my son
William Kelly and we still have our minds on our
event earlier this week with wrko's Jeff Cooner at iHeartMedia
Studios for our Kelly Financial and Jeff Cooner Live event.

Speaker 5 (27:37):
It was wonderful.

Speaker 4 (27:39):
Clients and guests were connecting with Jeff, with us, with
our advisors, our Kelly Financial team. Throughout the event, the
room was full of energy and optimism as everyone came
together to talk about what truly matters at this time
of year.

Speaker 3 (27:58):
You can really feel that exciting people were smiling, shaking
hands and getting to know other people behind the voices
they hear every week. Many of the people that were
longtime clients joining together to enjoy the afternoon and reconnect
with our team. Others were attending a Kelly Financial event
for the first time, curious to put faces to the
voices they hear every.

Speaker 2 (28:16):
Week on WRKO.

Speaker 3 (28:17):
That's what momentum looks like, showing up, participating, and taking
interest in your own financial wellbeing.

Speaker 4 (28:23):
Our show has aired on WRKO since two thousand and five,
and our collaboration with Jeff Kooner began around twenty twelve,
and over those years we've shared countless on air conversations
about preparation, protection, and long term planning. Wednesday's event reflected

(28:45):
that same spirit education, connection and.

Speaker 3 (28:49):
Purpose and momentum always begins with one intentional action. It
doesn't take a major change, just one small step. Scheduling
a review, updating beneficiaries are setting an extra percentage toward savings.

Speaker 2 (29:02):
Each small move builds confidence and direction.

Speaker 4 (29:05):
That afternoon also reminded us how important it is to
pause and reflect. October marks eight years since my husband
and William's father, Bill Kelly, passed away. Bill and I
co founded Kelly Financial Services more than two decades ago,
built on the principle that education and trust create lasting security.

(29:32):
Seeing that message still resonate with so many people meant
a great deal to both of us.

Speaker 3 (29:38):
Momentum isn't only financial, it's generational in spirit. We saw
people of all ages, from newer investors to retirees, sharing ideas,
exchanging experiences, and taking something valuable away from the afternoon.
Whether you've been investing for decades or you're just beginning
to plan, those shared moments build confidence for the future.

Speaker 4 (30:00):
Really is one of the best months to check in.
The years not over, but there's still time to make
thoughtful adjustments, rebalance allocations, review cash reserves, or plan charitable
giving before the holidays, and if you're retired, you can
make sure those required minimum distributions are handled early, not

(30:22):
rushed in December.

Speaker 3 (30:23):
And I'd like to think of momentum as consistency over intensity.
It's not about doing everything at once. It's about staying consistent.
Pick one financial task this week and finish it. That
sense of completion builds motivation for the next step.

Speaker 4 (30:38):
For some, it might mean simplifying organizing statements or consolidating accounts.
For others, it might mean confirming contributions or mapping out
charitable goals. Every bit of organization adds peace of mind.

Speaker 3 (30:55):
And even beyond the financial steps, it's about creating a
rhythm that supports progress. You check your accounts once a
month or meet with your advisor every quarter. Those small
habits turn into a lifestyle, not a chore.

Speaker 4 (31:07):
At Kelly Financial Services, our team of fiduciary advisors is
here to help clients keep that forward motion, steadily, calmly,
and in alignment with their values and goals. We see
our role as guides, helping people clarify where they are,
define where they want to be, and build a bridge

(31:29):
between the two.

Speaker 2 (31:31):
Here's a quick checklist for this season. One.

Speaker 3 (31:33):
Confirm your contribution levels. If possible, increase by even one
percent before you're end. Number two review beneficiaries and estate documents.
Make sure they reflect current wishes. Number three plan charitable
gifts early. Don't wait until December thirty first to make
an impact. Number four revisit cash reserves, keep six to

(31:54):
twelve months of expenses accessible. Number five schedule your year
end review. One conversation can clarify your whole plan.

Speaker 4 (32:02):
Those five steps may seem small, but each one builds
confidence and control, and when you put them together, that
momentum steady, practical, and achievable.

Speaker 3 (32:15):
And what I love about this time of the year
is the sense of renewal. It brings fall is a
reminder that change can be beautiful. Momentum doesn't mean rushing,
It just means being ready to learn more.

Speaker 4 (32:26):
Request our complementary Ye're In checklist and action plan, or
schedule a conversation with one of our fiduciary advisors at
Kelly at Kellyfinancial dot org. Is an easy way to
take that first step forward.

Speaker 3 (32:42):
Momentum begins with a single decision. The choice to take control,
learn and act.

Speaker 4 (32:48):
The power of momentum starts with one small step. Let's
keep moving forward together.

Speaker 2 (32:55):
Stay tuned, We'll be right back.

Speaker 1 (33:01):
Safe money strategies brought to you by Kelly Financial Services.
Call eight A eight eight hundred eighteen eighty one or
visit Kellyfinancial dot org.

Speaker 9 (33:11):
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

(33:34):
eighty one or email Kelly at Kelly Financial dot org.
We're Kelly Financial. Come retire with.

Speaker 1 (33:40):
Us Safe Money Strategies with William Kelly and Kelly Kelly.
Call the team on eight at eight eight hundred eighteen eighty.

Speaker 2 (33:49):
One key.

Speaker 5 (33:53):
And we're back.

Speaker 4 (33:55):
And as we continue today's show, I keep thinking about
Wednesday night, Kelly Financial and Jeff Kooner's live event at
iHeartMedia Studios. It was such a special evening. Guests met Jeff,
our team and our advisors, and we all shared so
many great conversations and stories. That's what happens when mindset

(34:20):
meets action exactly.

Speaker 3 (34:22):
Mindset is what we believe. Action is what we do.
It's the bridge between intention and progress. That evening reminded
everyone it's not about perfection, it's about participation.

Speaker 4 (34:32):
It's so hard to believe that we go back with
WRKO for twenty years, and Jeff, it's hard to believe
that it's been thirteen years. Over that time, our ongoing
conversations about preparation, protection and purpose have reached thousands of

(34:52):
listeners and families. Each event in every episode is another
step in helping people move from good intentions to clear action.

Speaker 3 (35:04):
Mindset alone doesn't change your outcome. It's like standing at
the start of a race, believing you can run. Belief matters,
but movement gets you across the finish line. That's what
we help people do. Term belief into momentum, and.

Speaker 4 (35:16):
If organization is on your mind, start small. Maybe it's
one folder, one password, list, one document.

Speaker 14 (35:25):
Review.

Speaker 4 (35:26):
Once you start, the resistance fades and the process gets easier.

Speaker 3 (35:31):
Structure builds confidence, review monthly, evaluate quarterly, and plan annually.
That rhythm transforms into good intentions with real results.

Speaker 4 (35:41):
For retirees, that might mean reviewing income distributions, confirming rmds,
and verifying cash reserves for next year. For those still working,
it could mean increasing retirement contributions or reviewing benefits during
the open enrollment period.

Speaker 3 (36:00):
And for families, mindset meeting action can mean opening conversations,
not heavy or formal, but simple discussions about goals, wishes,
and priorities. That's how knowledge and legacy pass forward.

Speaker 4 (36:11):
The most successful plans we see are those that reflect values,
providing for loved ones, giving back, and creating a meaningful impact.
Financial health and emotional wellbeing are closely connected. When people
understand why they're planning, the numbers take on purpose.

Speaker 3 (36:32):
Wednesday also carried special meeting for our family. October fifteen
marked eight years since my father, Bill Kelly, passed away.
Continuing the company he co founded with my mother is
both a privilege and a responsibility, and his focus on
education and empowerment continues to guide everything we do.

Speaker 4 (36:51):
Bill believed deeply in teaching people how money works, how
to protect what they've earned, and how to pass it
on wisely. Commitment to clarity is still at heart of
everything we share, whether on air or in our offices
or at events like the one this week.

Speaker 3 (37:10):
That's the essence of mindset, meeting action, honoring where we've
been while still continuing to grow.

Speaker 2 (37:16):
The best plans are never static. They evolve as life changes.

Speaker 4 (37:20):
And this is a great time of the year to
act on that. Before the holidays begin. Take one afternoon
to look at your accounts, review your budget, and set
intentions for twenty twenty six. A little clarity now goes
a long way later.

Speaker 3 (37:36):
There are a few simple steps to put mindset into motion. One,
identify one financial task to complete this week. It could
be organizing paperwork or setting up a meeting. Number two,
schedule your year end review before the holiday rush. Step three,
revisit your goals for twenty twenty six and write them down.

(37:56):
Step four, Talk with your family about your plan and
what matters most.

Speaker 4 (38:00):
Those small steps add up. Every checklist completed, Every conversation
started builds confidence, and confidence builds calm for.

Speaker 2 (38:10):
Those who couldn't attend the event.

Speaker 3 (38:11):
We'll continue sharing similar insights right here every week on
Safe Money Strategies. There's always more to learn and more
ways to stay proactive and prepared.

Speaker 4 (38:20):
To request our complementary you're in checklist and action plan,
or to meet with one of our fiduciary advisors, send
us an email at Kelly at Kellyfinancial dot org or
give us a call at eight eight eight eight hundred
eighteen eighty one. We'd be happy to help you take

(38:40):
that next step forward.

Speaker 3 (38:42):
Mindset creates belief, action creates results.

Speaker 2 (38:46):
Together they shape your financial future.

Speaker 4 (38:49):
It's never too late to take that next step forward.
Stay tuned more financial content and conversations coming your way.

Speaker 1 (39:00):
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 8 (39:11):
Welcome back to Safe Money Strategies. I'm Mike dust, Chief
operating officer at Kelly Financial Services, joined by Greg Workman,
one of our.

Speaker 2 (39:19):
Firm's investment advisors.

Speaker 8 (39:21):
Before the break, we were talking about Robert and Shila,
a couple in their late fifties preparing for retirement. We
discussed their pension and source security options and how we
help them create an income first plan designed to last
through retirement.

Speaker 11 (39:35):
Right now that their income foundation is in place, the
next step was to look at how their investments were positioned.
This is where we see a lot of people start
to second guess what is in their portfolio, especially as
retirement draws near.

Speaker 2 (39:50):
That's a really important point.

Speaker 8 (39:52):
When you're in you authorities or forties, being aggressive makes sense.
You've got time to recover from market downturns, but as
you approach retire your focus should start shifting from pure
growth to preservation and consistency.

Speaker 11 (40:05):
Exactly when we reviewed Robert's accounts, we found that about
eighty percent of his portfolio had stock exposure. That's an
aggressive allocation for someone just a few years from retirement.
If the market had a major correction, he could easily
lose twenty five to thirty percent of its value in
a short period of time. And that's the kind of

(40:27):
hit that can derail even a well funded retirement.

Speaker 8 (40:30):
We stress tested their portfolio to illustrate what would happen
if the market dropped right before or early in retirement.
It's a concept called sequence of returns risk. When big
market losses happen in the early years of retirement, they
can dramatically.

Speaker 2 (40:45):
Shorten how long your money lasts.

Speaker 11 (40:47):
Right If you're withdrawing income from your portfolio during a
down market, you're locking in those losses. You need your
portfolio not to only grow, but also to provide stability
and predictability when you start drawing down from it to
meet your monthly income needs.

Speaker 8 (41:03):
For Robert and Sheila, the solution wasn't to go all
in or all out of the market. It was to
design a strategy that balanced growth, income, and safety.

Speaker 11 (41:12):
We help them create what we call a bucket strategy,
dividing their money into different buckets based on when they
need it.

Speaker 8 (41:20):
The first bucket is short term money they'll need in
the next three to five years. That includes cash reserves, savings,
and conservative investments designed to provide liquidity and stability.

Speaker 11 (41:30):
The second bucket is designed for income investments that can
generate reliable cash flow for the next five to fifteen years.
This could include dividend paying funds, structured notes, or certain
types of fixed income and annuity products that provide guaranteed
or protected income.

Speaker 8 (41:50):
And the third bucket is long term, the growth bucket.
That's where we want to keep money invested in equities
and growth oriented assets to outpace inflation and support the
later years of retirement.

Speaker 11 (42:01):
What's nice about this approach is that it helps clients
see the big picture. When the market dips, they know
that the money they need right now is not at risk.
The longer term assets have time to recover. It reduces
anxiety and helps clients stay disciplined.

Speaker 8 (42:17):
And for Shilo's four h three B, we discovered that
our account was invested in a mix of high fee
mutual funds and a fixed interest option that had been underperforming.
We helped her reallocate those funds more strategically to improve
growth potential while still controlling risk.

Speaker 11 (42:32):
Once we consolidated their old iras and adjusted their overall allocation,
they went from a patchwork of disconnected accounts and rates
of return to a coordinated, cohesive plan. We also discussed
ongoing management, because retirement planning is not just a set
it and forget it exercise exactly.

Speaker 8 (42:53):
Markets change, tax laws change, and personal goals evolve. Having
a professional team monitor and rebalance accounts ensures that the
strategies stay aligned with your retirement plan.

Speaker 11 (43:04):
And that's one of the benefits of working with the
financial professionals at Kelly Financial. Would provide ongoing portfolio management
and regular reviews to make sure our clients stay on track,
not just leading up to retirement, but throughout retirements.

Speaker 8 (43:19):
That's right. We just don't build a plan. We walk
you through every phase of retirement.

Speaker 11 (43:24):
Which brings us to the final part of Robert and
Sheila's story, how we help them address taxes, account titling
and making sure everything passes efficiently to their family.

Speaker 8 (43:35):
Taxes are one of the most overlooked parts of retirement planning.
Many people focus on building their nest egg, but not
enough on how to withdraw that money efficiently right.

Speaker 2 (43:45):
Robert and Sheila were no different.

Speaker 11 (43:47):
They wanted to understand the tax implications of their withdrawals
and how to minimize what they'd owe the irs over taught.

Speaker 8 (43:55):
When we reviewed their situation, we found that nearly all
of their retirement saving were in pre tax accounts.

Speaker 2 (44:01):
There four one K, four three B and iras.

Speaker 8 (44:05):
That means every dollar day withdraw will be taxed as
ordinary income in retirement.

Speaker 11 (44:09):
We explained how that could create a bigger tax burden
down the road, especially when required minimum distributions or rmds begin,
So we introduced the idea of tax diversification, not just
investing for growth, but planning which buckets those withdrawals come from.

Speaker 8 (44:27):
One of the strategies we discussed was a ROTH conversion plan,
gradually moving some money from their traditional iras into ROTH
accounts over several years that allows them to pay taxes
now at potentially lower rates and enjoy tax free withdrawals
later in retirement.

Speaker 11 (44:44):
We also looked at ways to structure their withdrawals strategically
once they retire, drawing first from taxable accounts, then pre
tax accounts, and finally WROTH to help manage their tax
brackets and make their money last longer.

Speaker 8 (45:00):
Another important discussion was around social security and pension taxation.
A lot of retirees are surprised to learn that a
portion of those benefits can be tax depending on total income.
By coordinating when and how they take distributions, we can
often keep their taxable income in a lower range, and.

Speaker 11 (45:16):
While we're not accountants, we work closely with our clients'
tax professionals to ensure that everything works together. The investment plan,
the income plan, and the tax plan.

Speaker 8 (45:27):
It's all about integration because each piece affects the others.

Speaker 11 (45:31):
The final piece of Robert and Sheila's plan was a
state and account organization. They already had a will and
trust in place, which is great, but they weren't sure
if all their investment accounts were titled correctly or if
their beneficiary designation matched their state documents.

Speaker 8 (45:49):
That's something we check for every client. We reviewed all
their account titling and beneficiary forms to make sure everything
aligned with their trust. It's one of those details that
can save families a lot of time, stress, and money
down the road.

Speaker 11 (46:03):
We also talked about how making sure their adult children
knew where to find key documents like the trust, insurance policies,
and financial statements in case something unexpected happens.

Speaker 8 (46:17):
It's not the most exciting part of planning, but it's
one of the most important. A solid a state plan
ensures that your assets pass smoothly and according to youall wishes.

Speaker 11 (46:26):
When all is said and done, Robert and Sheila walked
away feeling confident they had a structured income plant, an
investment strategy that balanced growth and protection, a tax roadmap
to minimize what they owe, and the peace of mind
knowing that their estate plan was in order.

Speaker 2 (46:45):
That's the power of having a comprehensive plan.

Speaker 8 (46:47):
And for our listeners, if you'd like to take the
first step in that process, we invite you to call
our office and request your complementary copy of our planning workbook,
Safe Money Strategies.

Speaker 2 (46:57):
That's right.

Speaker 11 (46:58):
The workbook is the very first step in our retirement
planning process. It helps you identify where you are today
and the steps you can take to protect your future.

Speaker 2 (47:09):
You can request a copy by calling the office.

Speaker 8 (47:11):
We'll send it right out to you and from there
we'll schedule a complimentary consultation with one of our advisors,
just like we did with Robert and Sheila.

Speaker 11 (47:19):
Whether you would like to meet in our Brain Tree office,
our Burlington location, or virtually from home, will make the
process easy and convenient. At Kelly Financial Services, our goal
is to help you retire with confidence, security and peace
of mind.

Speaker 2 (47:35):
With that, I'm Greg Workman and I'm Mike du said.

Speaker 8 (47:38):
Thanks for joining us today on safe money strategies.

Speaker 2 (47:41):
We'll see you next week.

Speaker 10 (47:47):
Joining me now as she always does at this time.
She's the co founder, CEO, president of Kelly Financial Services
and yes, that is her wonderful name, Kelly Kelly, a
double Kelly Kelly.

Speaker 2 (48:05):
How are you good morning, Jeff? I am good.

Speaker 4 (48:10):
October is one of the best times to step back
and ask do I need a second opinion on my finances.
We're in the final quarter of the year and before
the holidays get busy, this's the perfect time to take
a fresh look. Maybe you're comfortable with your plan and
a second opinion simply confirms that, or it might reveal

(48:31):
small adjustments that make a big difference. At Kelly Financial,
our fiduciary advisors review your current allocations.

Speaker 5 (48:39):
And highlight areas that may need.

Speaker 2 (48:41):
Attention so you can head.

Speaker 4 (48:43):
Into the holidays with clarity and confidence. Don't wait until
year end. October's the time to know where you stand.
Request our free investor guide the value of an objective opinion,
and schedule your complimentary appointment. Jeff, have a wonderful weekend,
my grace and the kiddos.

Speaker 10 (49:02):
Thank you, Kelly.

Speaker 2 (49:03):
All the best to you.

Speaker 10 (49:04):
And everyone at Kelly Financial. If you want to get
a free retirement consultation or get a copy of their guide,
call now eight eighty eight eight hundred eighteen eighty one
eight eighty eight eight hundred eighteen eighty one, or email
Kelly at Kellyfinancial dot org. That's Kelly at Kellyfinancial dot org.

Speaker 1 (49:31):
Safe Money Strategies at eight eight hundred one eight eight one.

Speaker 4 (49:39):
So much of what Bill shared on the radios still
feels just as relevant today. In this next reflection, he
takes us back to a simpler time, when life was leaner,
lessons were harder earned, and dreaming big was still part
of growing up. He reminds us that progress isn't just

(49:59):
a about technology or convenience, It's about perseverance, faith, and
the freedom to dream.

Speaker 2 (50:06):
Here's Bill Kelly.

Speaker 14 (50:09):
Our parents had so much on their family plate. We
didn't even have seat belts in our car. Imagine that
there was no air conditioning in either our car or home.
As a matter of fact, half the time we had
no heat. We had one bathroom for ten people and
three bedrooms for five and eventually seven kids. My parents
had their own bedroom on the first floor, and Graap

(50:31):
and I had ours on the first floor. The fact
I bunked with Gramp was good for me logistically because
I could get to the cupboards and indulge my cookie
addiction without having to go down the stairs from the
second floor. If I slept on the second floor, the
game would be up because the stairs made so much noise,
So bunking with Gramp was okay by me.

Speaker 2 (50:51):
We didn't have cell phones.

Speaker 14 (50:52):
Of course, we had a two party phone, and we
did indeed listen to that second party whenever we could.
Being curious children, we wanted to know what was going
on at our neighbor's house. I think we're on our
third set of laptops at my house these days. My
daughter Mary Madeline has her third cell phone in six years.

(51:12):
Every time I replace my cell phone, I can predict
what's going to happen. The people in my house are
going to see it, but they're not going to ask
for it. They're just going to look at it for
a few months. Then they're going to talk about how
nice it is and say, gee, I wish I had
this feature on my cell phone because if I did, pop,
I'd be able to get in touch with you more quickly.

(51:34):
It's an amazing, amazing time. Technology is moving so fast
and kids are growing up so fast, maybe too fast.
The technological aspect of living in the twenty first century
is incredible. But as a nation, I think we're regressing.
We're abandoning our quest for knowledge of outer space in
the moon because we're going broke. Our ability to dream

(51:58):
is also being thwarted. Art Williams is one of the
motivational speakers I admire. He says, just do it and
stop talking. It's a pretty good way to look at things.
Do the best you can, do all you can, whenever
you can, and that will take you a long way
towards success. It's not a guaranteed formula, but it certainly

(52:19):
is a good way to start. Art Williams is a
brilliant man, and he follows the boy Scout code. I
can tell you he is trustworthy, loyal, and reverent, and
he's given hundreds of millions of dollars to Christian causes.
Art was a football coach who wanted to save thirty
five thousand dollars in order to augment his teacher's pension,
and he ended up selling about one hundred billion dollars

(52:41):
worth of term life insurance. I think he did it
in one year, his best year. So Art Williams formed
an insurance company that is now Primerica. He was given
the freedom to dream, but I think we're suffocating the
ability of this generation to dream. It's a mistake to
limit people. If we have kids waiting for a handout
from the government instead of being self reliant, and if

(53:04):
they don't learn it's okay to win or lose in competitions,
they'll never learn to strive. We should embrace exceptionalism rather
than make it a dirty word. We don't want to
bully kids or hurt them physically, but we certainly want
them to know that competition can be a great tool.
One of the greatest experiences of my life was winning
a mile race because I'd never run it before and

(53:27):
I thought it was impossible. I did it because our
track team needed someone to fill in for the fellow
who usually ran it. I was a sprinter, but I
was able to win a mile race in high school
only through the grace of God. Do you know what
inspired me while I was running that race. I was
thinking about Bill Russell the entire time and how he

(53:49):
overcame such adversity when he was matched up against the
great basketball centers of his day, the Will chamberlains Can,
the Nate Thurmons. He always found a way to outsmart them,
and he didn't have to score to win. He knew
if he was a genius on defense, he could be
a Hall of Fame player and a champion, which he
is to this day. So kids need to be able

(54:10):
to dream. Kids need to know that if they have
a dream, there's a chance for it to happen in
their lives.

Speaker 2 (54:15):
They need that.

Speaker 14 (54:17):
We didn't have a school psychologist, and we didn't have
a policeman to guard the school. I was shocked to
find out most middle schools have a police officer nowadays.
Some large high schools have three or four police officers
assigned to them. We never had such a thing. We
had only Uncle Jesse. We didn't seem to have as
many autistic children as we have nowadays. It's a problem.

(54:40):
We basically were forced to be disciplined. I don't want
to intimate in any way, shape or form that I
think discipline can overcome a disability. Either we didn't actually
have a disability, or it wasn't as a parent. If
we did have it, Since classroom sizes were smaller, the
teacher had more control over the kids. We knew no
one who had at Alzheimer's, although one of our aunts

(55:02):
eventually had a confirmed diagnosis of the disease. They called
it dementia back then. Now we're seeing case after case
after case. Some people say it comes from aluminum cookware
or statin drugs. Recent research has proven our pension for
substituting chemicals for saturated fats imitation. This and imitation that
has resulted in the burgeoning cases of Alzheimer's. Saturated fats

(55:26):
in moderation are absolutely necessary for both heart health and
brain health. Back then, we ate butter, bacon and pot roast,
and things like Alzheimer's just didn't exist except for the
isolated case here and there. It was rare for us
to miss a day of school. We had no counselors
until we got to high school, and then we were
assigned a guidance counselor. For me, it was missus Maynard,

(55:50):
and she handled about thirty of us in our class.
She probably had a caseload of one hundred and twenty kids,
but it was always great to speak with her. I
always felt special and could tell she loved education. America
is a great country. If we agree to work hard,
memories of the goodness of this country will come floating back.

(56:11):
They'll present themselves again, and we'll enjoy a plentiful and
tolerant spirit, one in which we feel complete, successful, and
content as a nation. How's that for an image to
carry to bed with you tonight?

Speaker 1 (56:26):
Cale Kelly Financial Services eight eight eight hundred eighteen eighty one.

Speaker 5 (56:31):
I'm Kelly Kelly from Kelly Financial.

Speaker 4 (56:34):
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

(56:56):
at Kellyfinancial dot org.

Speaker 5 (56:58):
We're Kelly Financial. Come retire with.

Speaker 1 (57:01):
Us safe money strategies with William Kelly and Kelly Kelly.
Go to Kelly Financial dot org.

Speaker 3 (57:09):
And 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 Services.

Speaker 9 (57:21):
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.