Kelly Financial: Saturday, September 27, 2025

Episode Transcript

Speaker 1 (00:11):
It's coming to so.

Speaker 2 (00:19):
Ladies and gentlemen, welcome to sae Mony 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

(00:42):
nonsense callin radio show focused on common sense planning and
protecting wealth. Over the past two decades, Dad became a
pillar in New England finance, an engineer turned entrepreneur, author
and philanthropist who believed in giving back and walking the talk.
Since two thousand and five, our show has remained a
Saturday morning staple, offering insight and empowerment. Here at Kelly Financial,

(01:04):
we help steward over seven hundred million dollars across our
affiliated business, including more than five hundred million dollars managed
by our sec registered investment advisory, 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

(01:28):
sister Mary Madeline, and Tom Schlager. We live by two rules,
never quit and carry on, and we're here to help
you do the same when it comes to your money.
Stick around, take notes and join the conversation. To learn more,
or get our free guides or schedule a consultation, visit
Kelly Financial dot org or call us at eighty eight
eight eight hundred one eight eight one.

Speaker 1 (01:49):
This is Safe Money Strategies.

Speaker 2 (01:51):
Next up Forever Young with Kelly Kelly and myself William
Kelly Junior.

Speaker 3 (02:01):
Safe Money Strategies with William Kelly and Kelly Kelly eight
hundred eighteen eighty one.

Speaker 4 (02:14):
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
is where I sit down with my son, William Kelly Junior,
and we talk about life, what's going on in the world,
in our family, and what really matters most when you're

(02:36):
planning for the future. Sometimes is lights, sometimes is thoughtful,
but as always real. Good morning, William, how are you.

Speaker 2 (02:44):
I'm fine, Mom, Thank you for asking. It's been a
beautiful week and we've had a lot of fun. I
think that it's rare now these days that we see
the cooners.

Speaker 1 (02:53):
It feels like it's like we always get so.

Speaker 2 (02:56):
Busy in our lives and current events, you know, catches
up with you know, doctor Grace and Jeff and they,
I mean, current events is their business pretty much aside
with you know, doctor Grace has multiple careers, but you know,
Jeff's main career is about what's going on, and obviously
it's been heavy packed lately, so it's completely understandable. But
every now and then family events will bring us all together.

(03:18):
And his daughter had a wonderful birthday party at Longhorns
and we had a ball. We had such a great time.
We did have six seen them. That was so much fun.

Speaker 1 (03:28):
That really was.

Speaker 4 (03:29):
So we have an upcoming event.

Speaker 1 (03:31):
That's true, we do.

Speaker 4 (03:32):
We're all getting excited for I know Jeff is getting
excited as well.

Speaker 1 (03:37):
That's true.

Speaker 2 (03:37):
And it's crazy because I can talk about my book
now freely. Every time we have discussions like our weekly chat.
I have to hold back. I can't talk about the
book at all or else, you know, I'm scared I'm
going to spoil the secret, but not anymore. I've advertised
it for two weeks now. But ladies, I know, yeah, yeah,
ladies and gentlemen, it's going to be I think it's

(03:58):
looking like I hate to say this, but maybe two
more months at most. We were hoping to get this
out on October. But obviously, ladies and gentlemen, there's a
different level of standards. Whenever you're producing a book for
financial advice. We want to make sure that I am
making the best book possible for you, that we're doing
everything right, that you know, everything is properly edited, because

(04:22):
you know, it is delicate information that can change your
life for the better, so we want to make sure
we're doing it the right way. And on top of that,
it does take some time to get it printed.

Speaker 4 (04:31):
And well, first of all, compliant approved, that's right.

Speaker 1 (04:35):
Yeah.

Speaker 5 (04:35):
I didn't want to say that without saying it.

Speaker 4 (04:37):
But compliance is quite important, extremely important, Yes, gentleman, compliance
is necessary.

Speaker 2 (04:44):
I mean if we do not have compliance, people could
do some very bad things, especially in the financial services industry.

Speaker 5 (04:50):
So it's a good thing.

Speaker 4 (04:51):
Yes.

Speaker 2 (04:51):
The only downside is that it's going to take some
more time. But the upside is that it's going to
you know, it protects you guys at the end of
the day, which I prefer.

Speaker 5 (05:00):
So it's gonna it'll.

Speaker 4 (05:01):
Want it'll be here before four William.

Speaker 2 (05:03):
Yes, ma'am, it'll be here before Christmas. I thought you
were going to say, which is true. It will be
here before Christmas. Oh, yes, that's the probably more important
but obviously me being me, I'm itching for it to
come as soon as polices.

Speaker 4 (05:14):
But you know what, we we're taking pre orders, so true,
it will be sending them out.

Speaker 2 (05:19):
I don't want you guys to feel like it's never
going to come out.

Speaker 1 (05:22):
That's my fear.

Speaker 2 (05:23):
I want you guys to know that this is very
important to me, to make sure that you guys get
it and to keep you guys, you know, obviously focused
on on receiving this book.

Speaker 1 (05:33):
I don't want this to be like hype and then
what you guys do.

Speaker 4 (05:35):
But you'll be able to talk about it some at
our event in October fifteenth, that's right, Jeff at the
iHeart Media Location Studios.

Speaker 6 (05:46):
Yes, crazy.

Speaker 4 (05:47):
Yes, it'll be from four to six on a Wednesday afternoon.
We'll have food, we'll have drink, we'll have prizes.

Speaker 1 (05:55):
Prizes, yes, go be prizes.

Speaker 4 (05:57):
Yes, we will see behind the scenes. That's cool, behind
the scene things that happen.

Speaker 1 (06:04):
You guys are gonna see the studio.

Speaker 2 (06:06):
You're gonna see where Jeff Kooner works, where the magic happens.
My heart, it's a legit location, ladies and gentlemen.

Speaker 6 (06:14):
I speak.

Speaker 2 (06:15):
Yeah, I've been there before for representing our sponsorship at
the dav event, and I have to tell you, ladies
and gentlemen, it is a high tech building and it
is so nice. Yeah, we're extremely grateful for them letting
us have this event here, for them inviting us. I'm
so excited for everybody to see it. I'm so excited

(06:36):
for you. Guys are going to love it. It's really beautiful.
It's cool. So we invite you. Please come. It's gonna
be October fifteenth.

Speaker 4 (06:43):
Right, you have to registers. It's a smaller event, yes,
so first come. Yes, limited tickets for this, yes, so
you just you need to call our eight hundred number and.

Speaker 5 (06:56):
Then eighty eight, eight hundred and one.

Speaker 2 (06:58):
Ladies, and gentlemen saying that number since I was probably
four years old.

Speaker 4 (07:02):
I know, I know, I know you learned that at
an early age.

Speaker 1 (07:06):
No, we're lucky we have a good eight hundred number.

Speaker 2 (07:08):
I know you can always get a good one, you know,
I mean you have like certain people like lawyers, will
have certain catchphrases in it. But no, it's just eighty
eight eight hundred one eight eight one just rolls off
the tongue. So please, ladies and gentlemen, recite that in public,
very loud as loud as possible, and do some marketing
for us.

Speaker 5 (07:26):
We appreciate it.

Speaker 4 (07:28):
So obviously no one can see you right now, but
I have to say, William has got on the greatest
T shirt reaching out. Sure, that's right, and I have
one as well that you gave me. Yes, ma'am Mary
Madlin wants one?

Speaker 6 (07:42):
Does she?

Speaker 2 (07:43):
Yes?

Speaker 4 (07:43):
Last weekend on Sunday, She's like, where did you get that?
Oh my god, William.

Speaker 2 (07:48):
Well, ladies and gentlemen, to support Turning Point USA, go
to the Charliekirkshow dot com I think, or just type
in Google the Charlie Kirkshow apparel and they show Charlie
Kirk's actual Freedom Turning Point USA white shirt that he
wore when he passed away. But days after he passed away,
after his assassination, I immediately went on Amazon and made

(08:12):
custom shirts that mimic the same shirt because I wanted
to wear it in public, because I wanted to make
a statement that this is what's important to me, and this,
you know, Charlie Kirk died for us to be able
to express ourselves, for us to be able to have
a public discourse with one another. And I know, ladies

(08:33):
and gentlemen, you've heard that a million times. Everybody's already
said it. But I have to say, this isn't a trend.
It's not a fad. And unfortunately you do have to
look at political events like that sometimes because then there's
a horrible event and then people move on. I mean,
when was the last time we talked about the healthcare
CEO at United or not?

Speaker 6 (08:50):
Yeah?

Speaker 5 (08:50):
I was United.

Speaker 1 (08:52):
I mean, people had mixed opinions about that.

Speaker 2 (08:54):
Some people said, well, he was a greedy CEO, and
others say, well he was a husband and a father
and he's not directly responsible for everything, you know what
I mean. So, and also, violence is never the answer,
no matter whatever. But then we move on from that
and we go to the next extreme event. Ladies and gentlemen,
I think sometimes we forget that there is an industry

(09:16):
in fear mongering, and there's an industry in you continuing
to watch the news. So, ladies and gentlemen, I think
Charlie Kirk, this isn't fear mongering. In fact, he would
want people to celebrate his life. He want us to
keep going on strong and not the cower. And I
think it's different because he was such a good man,

(09:39):
such a good Christian man, that people really revered him,
people who really knew him, and then the truth of him,
like his words, all of a sudden became more special
after he died. Watching his video, seeing his message, it's
incredible the effect he has had.

Speaker 5 (09:57):
I think it's part of God's plan.

Speaker 2 (09:59):
I think that on Fortunately, it's tragic, but I think
it does make sense because he's a martyr and look
at the massive movement. He's achieved his goal essentially through dying.
As horrible as that is, Ladies and gentlemen, I know
it's bad, but if you look at it, he's accomplished
so much in his assassinations.

Speaker 1 (10:17):
His wife is so strong, very beautiful, and very moving.

Speaker 2 (10:21):
At his funeral service or memorial service, she forgave the
shooter and an act of christ likeness is the only
way I can explain it.

Speaker 5 (10:32):
I mean, how do you do that? Ladies and gentlemen.

Speaker 2 (10:34):
That takes a lot of strength to be able to
genuinely forgive the man who killed the person that you loved.
I think I just but that makes you sit and think,
would I have the ability to do that? Right? It
takes a lot because I mean, after Charlie Kirk was assassinated,
I would say that a lot of conservatives became angry.

(10:55):
Some of them felt like, oh, we need to take
up arms and you know, we need to fight back physically.
Then all of a sudden we kind of realized, no,
that's not the way to go. That's the opposite of
what Charlie would want. But anyways, I want to conclude
this by saying the numbers at his funeral service were
larger than John F.

Speaker 1 (11:12):
Kennedy's and Martin Luther King's funeral.

Speaker 4 (11:15):
Wow.

Speaker 2 (11:16):
Yeah, more people attended Charlie Kirk's funeral than jfk or
Martin Luther King's funeral.

Speaker 6 (11:21):
Incredible truly.

Speaker 1 (11:23):
So if that doesn't say anything, I don't know what does.

Speaker 4 (11:26):
Wow Wow say Amen, William, thank you Amen to that. Yeah, yeah,
do keep us on your dial. We've got a lot
of great content coming your way. Mike do Said and
Greg Workman will take a closer look at why healthcare
and medicare planning is one of the most overlooked yet
most critical parts of retirement. Mary Madeline Kelly and Greg

(11:49):
Murray will be breaking down how tariffs and global trade
policies can ripple through your portfolio and effect every day spending.
I will be back with William and we will take
a closer look at his new book, Only the Good
invest Young. We will discuss why financial discipline matters and
how this book is sparking conversations across generations. And of

(12:12):
course we'll close the hour with some wit and wisdom
from the late Bill Kelly. His words continue to inspire
and guide us. That's a ramp for forever, Young. Thank
you for listening, William, thank you for joining me. We'll
be back with more content. I love you, honey, I.

Speaker 1 (12:28):
Love you too much.

Speaker 7 (12:39):
Okay, my friends, folks, let me be blunt. Retirement is
coming whether you're ready or not. And if you don't
have a real plan in place, you are asking for trouble.
That's why you need to know about Kelly Financial Services.
They're fiduciary advisors, meaning they work for you, not for
Wall Street. Right now now, they're offering a free guide.

(13:02):
It's called Your Retirement Income Planning Checklist.

Speaker 6 (13:05):
It is in fluff.

Speaker 7 (13:06):
It's packed with step by step ideas to help you
decide if downsizing makes sense, whether a retirement community could work,
or if staying put is the smartest move. It even
covers the tough subject long term care, peace of mind
and retirement. You cannot put a price on that, so
don't wait for a crisis. Get your free copy now

(13:30):
of your Retirement Income Planning Checklist. Call eight eight eight
eight hundred eighteen eighty one eight eight eight eight hundred
eighteen eighty one or email Kelly at Kellyfinancial dot org.
Kelly at Kelly Financial dot org.

Speaker 8 (13:49):
Hello I Mike, you said, Chief Operating officer at Kelly
Financial Services. You are listening to Kelly Financial safe money strategies,
where we believe your financial future should be built on
wisdom not anxiety.

Speaker 5 (14:01):
Today I am joined by one of.

Speaker 8 (14:03):
The trusted investment advisors on our team.

Speaker 6 (14:05):
Greg Workman, good morning.

Speaker 9 (14:07):
We're here every week to help you make smarter, safer
financial choices without the confusing industry jargon and without the stress.

Speaker 8 (14:17):
Kelly Financial Services is a fiduciary that serves over seventeen
hundred clients.

Speaker 5 (14:22):
In the New England area and beyond.

Speaker 8 (14:24):
Our recommendations are grounded in a personalized, written financial plan
that almost every client has on file. The planning process
provides our clients with peace of.

Speaker 5 (14:33):
Mind knowing that they are going to be okay.

Speaker 9 (14:36):
A financial plan is important because it acts as a
strategic roadmap for your finances, providing a clear pathway to
achieve your goals and financial security.

Speaker 6 (14:46):
It gives you control and confidence.

Speaker 9 (14:48):
Over your money by outlining your current financial situation, defining
future objectives, and outlines exactly how to achieve them.

Speaker 8 (14:56):
We're dedicating today's show to a topic that is possibly
the most overlooked parts of retirement planning, medicare and health
insurance planning. Here are six reasons why it matters so
much for retirees and those approaching retirement. Number one, healthcare
is one of the largest expenses we face in retirement.
One study estimates the average sixty five year old couple

(15:20):
may spend three hundred thousand or more on healthcare in retirement.
Number two, Medicare is not free and it does not
cover everything. Look no further than dental, vision, hearing AIDS,
or long term care. Number three, Enrollment decisions are time sensitive.
Missing deadlines can lead to very costly lifetime penalties.

Speaker 6 (15:41):
Health coverage before Medicare is critical.

Speaker 9 (15:44):
Many people retire before age sixty five, and they lose
the safety and security of an employer.

Speaker 6 (15:49):
Sponsored health plan.

Speaker 9 (15:51):
Healthcare costs are tied to income and retirement. Medicare premiums
can and do increase with higher income levels. Coordinating withdrawals
from iras, wrath accounts, and social security can help you
manage taxes and reduce Medicare costs. And the final point,
Medicare and health insurance planning, when done correctly, can protect

(16:13):
your retirement income and your legacy. Without the proper planning,
high medical expenses or a long term care event can
quickly drain your retirement savings.

Speaker 8 (16:24):
We find that today's retirees for both the financial side
that would be money lasting long enough, rising costs of
healthcare and runaway inflation, and the emotional side of retirement age,
their purpose, independence, lifestyle, and quality of life. That's why
comprehensive retirement planning is more than just numbers. It's all
about peace of mind.

Speaker 9 (16:43):
Financial planning provides clarity and direction by helping you assess
your current financial situation, set and prioritize your long and
short term goals, and develop a tailored strategy to achieve them.

Speaker 8 (16:56):
We've been helping individuals identify, organize, and prioritize their financial goals,
creating a clear path to achieve them for a long
time now, and the two biggest fares haven't changed.

Speaker 6 (17:09):
Greg. What are those two fares?

Speaker 9 (17:10):
First and foremost, the fear of outliving their money longevity
risk is consistently the number one fear in retirement surveys,
And second, the unpredictability of medical and healthcare costs, including
long term care, which is a huge concern since Medicare
does not cover most, if not all, of a long

(17:33):
term care event and its related expenses.

Speaker 8 (17:36):
It is so important for today's financial advisors to build
strategic relationships with estate planning attorneys, CPAs, and health insurance
and medicare specialists. Why all the pieces of your financial
life are interconnected? Money decisions really exist in a vacuum.

Speaker 9 (17:51):
A well coordinated team of specialists directly impacts whether someone's
retirement plan succeeds. Without coordination, a client could overpay taxes,
face probate delays, or have major gaps in their healthcare coverage.

Speaker 8 (18:06):
When we return from a brief break, will introduce you
to a Medicare and individual health insurance expert that has
over fifteen years of experience helping his clients navigate the
complex landscape of healthcare planning in pre and post retirement.

Speaker 3 (18:26):
Kelly Financial Services eight hundred eighteen eighty one.

Speaker 8 (18:31):
I believe that this nation should commit itself to achieving
the goal of landing a man on the Moon and
returning him safely to the Earth.

Speaker 10 (18:40):
Six five or three two one zero All engine round,
Look that an apollowleven Remember those Apollo Moon missions one
of America's greatest adventures and achievements too. The nation set
a goal and realized it. What are your goals? At

(19:03):
Kelly Financial Services, We've got the right team and technology
to help launch your retirement planning. Let us help 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's Tankquality Vavior have landed. We

(19:27):
are Kelly Financial Services.

Speaker 3 (19:29):
Come retire with us the Money Wrap with Kelly Financial
Advisors Greg Murray and Mary Madeline Kelly.

Speaker 11 (19:38):
Hello, This is Greg Murray, Senior vice president and Chief
Compliance Officer at Kelly Financial Services. Joined today is Mary
Madeline Kelly, one of our wealth advisors. How are you
doing today?

Speaker 9 (19:48):
Hi?

Speaker 3 (19:48):
Greg?

Speaker 12 (19:48):
I am doing great. Fall is definitely here, and I
am very excited about that. It's been a wonderful summer season,
but fall season is well overdue. My running training has
been getting even better now that the extreme high temperatures
are in the rear view mirror.

Speaker 11 (20:04):
I remember when you're running many miles and one hundred
degree weather. This temperature seems a little bit better for running,
and soon it'll be transitioning into skiing.

Speaker 1 (20:12):
Oh yes, it will be here before we know it.

Speaker 12 (20:14):
I'm really looking forward to this conversation because it's one
of those topics that can sound complicated, but it affects
us all tariffs and trade policy and how global politics
touch your portfolio.

Speaker 6 (20:25):
That's right.

Speaker 11 (20:25):
People hear about tariffs and trade in the news, usually
tied to politics or international headlines, and it can feel
like something happening very far away. But the truth is
it impacts your investments in even your day to day
spending exactly.

Speaker 12 (20:37):
Now, let's start with what a tariff actually is. At
its simplest, it's a tax on imported goods. So if
the US puts a tax on steel coming from another country,
that steel becomes more expensive here, and that cost usually
gets passed along to businesses and eventually to customers.

Speaker 6 (20:53):
And when costs rise, it can show up in multiple ways.

Speaker 11 (20:56):
For example, higher tariffs on foreign goods can raise prices
for US companies that use those goods to make their products.
That affects profit, which in turn can affect the stock
price of those companies.

Speaker 12 (21:06):
Right, And we've seen it firsthand in recent years, whether
it was tariffs on Chinese goods or disputes between the
US and Europe, global trade policies have had ripple effects
on everything from technology to agriculture, and.

Speaker 11 (21:19):
For investors, this isn't just about big corporations. Tariffs and
trade policies that influence whole sectors, manufacturing, farming, technology, energy,
you name it. If you own mutual funds, ETFs, or stocks,
you're already exposed these global forces, even if you don't
realize it.

Speaker 12 (21:33):
That is such an important point. For example, think about
the agriculture sector. If another country responds to US tariffs
by adding their own tariffs on American crops, farmers may
have fewer buyers. That hurts farming communities and also the
companies that support them equipment makers, food processors, and.

Speaker 11 (21:49):
So on and on the flip side, tariffs can sometimes
help certain industries. If the US puts a tariff on
important steel, American steel makers might benefit because their product
becomes more competitive. But it's always a balancing act. What
helps one group get hurt another.

Speaker 12 (22:03):
And that's why investors need to pay attention. Trade disputes
can create volatility in the markets. One headline about tariffs
can cause certain stocks to fall while others rise. If
you're not diversified, your portfolio could feel that swing more
than you'd like.

Speaker 11 (22:17):
So let's make this really practical. What does this mean
for the average investor listening today?

Speaker 12 (22:22):
It means you don't have to become an expert in
international trade. But you do need to recognize that global
politics directly affect your portfolio. It's one of the reasons
we emphasize diversification. By owning a mix of sectors and
asset classes, you're less vulnerable to any single policy change.

Speaker 11 (22:38):
And it's not just about diversification across industries, it's also
across countries. Global funds, international bonds, and multinational companies all
play a role because if one reachion's experienced trade tensions,
another might be benefiting.

Speaker 12 (22:50):
And here's another layer. Tariffs and trade policies can also
affect inflation. If goods become more expensive because of tariffs,
that can push up prices, and as we know, in
inflation influences interest rates, the bond market, and consumer spending,
so the effects can spread widely.

Speaker 5 (23:05):
That's a really good.

Speaker 11 (23:06):
Reminder that these policies don't happen in isolation. They connect
to the bigger economic picture, and that's why investors should
pay attention even if it feels like a political issue
at first glance.

Speaker 1 (23:15):
Exactly.

Speaker 12 (23:16):
Now, of course, we can't predict every twist and turn
in global politics. No one can, but we can prepare.
That means building a financial plan that takes into account,
not just the opportunities, but also the risks that come
from outside our borders.

Speaker 11 (23:30):
And that's what we do every day at Kelly Financial,
helping clients see the bigger picture, because when you're planning
for retirement, it's not just about what the stock market
is doing this month. It's about making sure your plan
can weather changes, whether they come from Washington, Beijing or Brussels.

Speaker 12 (23:44):
And that's the key takeaway for our listeners. Global politics, tariffs,
trade disputes, agreements, they're not just headlines. They can change
the prices you pay, the companies you invest in, and
the long term performance of your portfolio.

Speaker 11 (23:57):
Well said, So if you're wondering how global politics may
influence your own financial plan, that's a great reason to
come sit down with us. We'll help you look at
your investments and retirement goals and see how it all
fits together.

Speaker 12 (24:07):
Because at the end of the day, a good plan
isn't just about chasing returns. It's about building resilience so
you could feel confident no matter what's happening in the world.

Speaker 11 (24:15):
Absolutely well, that wraps things up for today. Great catching up,
and I hope you enjoyed the rest of your weekend.
Mary Madeline, Thank.

Speaker 12 (24:21):
You, Greg, you too.

Speaker 3 (24:22):
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 at
eight eight hundred eighteen eighty one.

Speaker 1 (24:45):
Care Welcome back to Safe Money Strategies.

Speaker 2 (24:53):
I'm William Kelly Junior and every week my mom, Kelly
Kelly and I bring you real conversations about life, family,
and of course money.

Speaker 4 (25:01):
Thank you, William. Is always good to be here, especially
when we get to talk about what really matters to families,
passing on financial wisdom that lasts.

Speaker 1 (25:11):
Today, we're diving into something very close to me.

Speaker 2 (25:14):
My new book Only the Good invest You on growing
up around financial conversations gave me a head start and
I wanted to share some of the lessons with my
own generation.

Speaker 4 (25:23):
And William, that's what makes it so unique. You're writing
from the perspective of an investor who's just starting out.
Most retirement or investing books are written at the end
of a career. Yours comes at the beginning, and that
is a refreshing thing in my mind exactly.

Speaker 2 (25:41):
I wanted to capture the feeling of being right at
the starting line. My peers are asking questions like where
do I even begin? How do I budget? Should I
start investing when I still have student loans or credit
card debt?

Speaker 1 (25:53):
My book breaks it down in plain English.

Speaker 4 (25:56):
And that matters because waiting too long costs more than
just do it costs. Time. Time is the most valuable
resource when it comes to building wealth.

Speaker 2 (26:06):
I still remember when you showed me that saving one
hundred dollars a month early on can actually grow into
more than saving twice that amount if you wait until
ten years later.

Speaker 1 (26:15):
That was a light bulb moment for me.

Speaker 4 (26:17):
And that's the kind of conversation families can have at
the kitchen table. I remember one client who told us
they wish they had started earlier, but their kids, because
they grew up hearing about money, were actually saving in
their twenties. That's the kind of generational shift that changes everything.

Speaker 1 (26:35):
Absolutely. Those dinner table conversations abound money weren't just about numbers.
They were about values.

Speaker 4 (26:41):
And values stick with you longer than charts or spreadsheets.

Speaker 5 (26:45):
Right.

Speaker 2 (26:46):
What I really learned was that money is about patience, discipline,
and long term thinking. Those values don't just shape how
you invest, they shape how you live.

Speaker 4 (26:55):
And that's why your book is more than a guide,
is a resource that blends strategies with timeless lessons Families
can pass from one generation to the next.

Speaker 1 (27:05):
That's the heart of it.

Speaker 2 (27:07):
My generation is facing some serious headwinds student loans, the
high cost of housing, inflation eating into paychecks, and the
pressure of social media encouraging us to spend money we
don't have. It's easy to feel behind before you've even started.

Speaker 4 (27:20):
Every generation has felt those pressures in different ways. Retirees
listening now will remember their own financial challenges along the
way exactly.

Speaker 1 (27:30):
And here's the thing. When I talk to my friends,
most of them say, I'll start when I'm making more money,
or I'll start once I get out of debt. But
the truth is, you can't wait for the perfect moment.
Even the smallest steps matter. That is such an important point.

Speaker 4 (27:44):
People sometimes think it takes a big paycheck or a
windfall to start saving, but consistency beats perfection every time.

Speaker 1 (27:54):
And that's the message I want to send. You don't
need to be perfect.

Speaker 2 (27:58):
Small steps matter, whether it's putting away a little savings,
creating a budget, or starting to invest modestly.

Speaker 1 (28:04):
Those steps add up. Waiting for the perfect time is
the biggest mistake. And this isn't just a book for
young people, not at all.

Speaker 2 (28:12):
Parents and grandparents can use it as a tool to
start conversations. Too often families avoid talking about money, and
then wisdom gets lost. My hope is that this book
helps families bring those conversations to the table, and.

Speaker 4 (28:24):
Sometimes it's those very conversations that open the door. I
can't tell you how many times a client has told
me I wish I had known this earlier, and then
they turned around made sure their kids did know.

Speaker 2 (28:39):
Now.

Speaker 1 (28:40):
That is a gift exactly.

Speaker 2 (28:43):
Passing down knowledge is one of the most valuable gifts
a family can give. We've seen that firsthand at Kelly Financial.
Families who talk openly are stronger, both financially and emotionally,
and the.

Speaker 4 (28:54):
Ripple effect is real. When one generation takes those steps,
it's set what's up the next to go even further.

Speaker 2 (29:02):
And if this book helps even one family do that,
then I'll feel like I've done something meaningful.

Speaker 4 (29:07):
William, I couldn't be more proud of the work you've
put into this, and dear listeners, I encourage you all
to be among the very first to pre order a
complementary copy of Only the Good invest Young. The first
run is coming soon and we're reserving copies now. This
is your chance to secure one for yourself or for

(29:29):
your children and grandchildren. To place your pre order and
to schedule a consultation with our team, call eight eight
eight eight hundred eighteen eighty one or email Kelly at
Kellifinancial dot org.

Speaker 2 (29:44):
Don't wait, whether you're just starting out in mid career
are already in retirement. The sooner you take action, the
stronger your future will be.

Speaker 4 (29:52):
That's all the time we have for this part of
our segment. Stay with us. When we come back, we'll
take a closer look at the practical st strategies from
William's book, from building emergency savings to avoiding common mistakes.

Speaker 1 (30:06):
You're listening to Safe Money Strategies, Stay tuned. There's more that.

Speaker 3 (30:13):
Safe Money Strategies brought to you by Kelly Financial Services.
Call atat eight eight hundred eighteen eighty one or visit
Kellyfinancial dot org.

Speaker 10 (30:24):
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, called eight eight eight eight hundred eighteen

(30:46):
eighty one or email Kelly at Kelly Financial dot org.
We're Kelly Financial.

Speaker 3 (30:51):
Come retire with us Safe money strategies with William Kelly
and Kelly Kelly. Call the team on at A eight
eight hundred eighteen eighty.

Speaker 5 (31:02):
One in character.

Speaker 4 (31:06):
And we're back with more safe money strategies. Before the break,
William and I started a conversation about his new book,
Only the Good invest Young. We talked about why he
felt called to write it and how the lessons he
grew up with around the dinner table can help people
of all ages think differently about money. If you're just

(31:30):
now joining us, don't worry. You're right on time. What
we want to do in this segment is finish laying
that foundation of why this conversation matters, and then get
very practical, because principles are powerful, but it is the
daily habits and choices that really shape your financial future.
This is really the how behind the why exactly.

Speaker 1 (31:53):
I didn't want my book to be just inspirational.

Speaker 2 (31:56):
I wanted it to be useful, something that gives people
real steps so they can take today, no matter their
age or stage of life. Inspiration matters, but without action,
nothing changes. So let's dive into some of the principles
you cover. These are simple, but they're the kind of
basics that people often overlook. The first one is building
an emergency fund. It doesn't have to be thousands of

(32:17):
dollars to start. Even if you hundred can make the
difference between swiping a credit card for a car repair.

Speaker 5 (32:23):
Or being able to pay cash and move on.

Speaker 2 (32:25):
I've watched friends get stuck for months in debt because
one surprise expense derailed them, and that.

Speaker 4 (32:31):
Principle applies across generations, whether you're twenty five or sixty five,
and emergency cushion is your first line of defense. It's
what keeps an inconvenience from becoming a crisis.

Speaker 1 (32:46):
The second is pay yourself first. Treat your savings like
a bill.

Speaker 2 (32:50):
If you set aside before you start spending, you don't
miss in and when you look back months later, you'll
be amazed at how much you've quietly built without really
feeling the pinch.

Speaker 4 (33:00):
It's not about what's left at the end of the month.
It's about deciding right up front that your future deserves
to come first. If you wait until the end of
the month, life has a way of spending that money
for you right.

Speaker 2 (33:14):
The third one is avoiding lifestyle inflation. When you get
a raise or a bonus, the temptation is to upgrade
your lifestyle immediately. But if you keep living the same
way and put that extra money into savings or investments,
you'll get ahead so much faster. It's one of those
little decisions that adds up to a huge difference over time.

Speaker 4 (33:33):
That is so true, William. I can't tell you how
important it is to save raises instead of spending them.
It will put you in a better position in the
long run.

Speaker 1 (33:44):
And the fourth one is making investing a priority, even
if it's just twenty five dollars or fifty dollars a month.
The key is to start now. Time is the secret weapon.

Speaker 2 (33:55):
The earlier you get money working for you, the harder
it works and keeps working while you sleep.

Speaker 4 (34:00):
And the earlier you start, the lighter the lift later on.

Speaker 2 (34:04):
And I think it's important to acknowledge the reality my
generation is facing student loans, high rent, rising prices at
the grocery store, and constant social media pressure to look
like you're living a certain lifestyle. It can feel impossible
to save or invest, but consistency beats perfection.

Speaker 1 (34:20):
Start small.

Speaker 2 (34:21):
That momentum builds confidence, and confidence builds hope.

Speaker 4 (34:25):
And confidence creates clarity. You begin to realize I can
do this, I'm building something meaningful, and once you see progress,
you want to keep going exactly.

Speaker 1 (34:38):
People think they need thousands to invest, but that's not true.
You just need to begin. The very act of starting
changes your mindset.

Speaker 4 (34:45):
In your book, you also outline some of the biggest
mistakes to avoid, and sometimes steering clear of the wrong
steps is just as valuable as making the right ones.
Let's talk about some of those because they're common and
their costly.

Speaker 2 (35:01):
Definitely and number one not budgeting. If you don't track
your money, it disappears. But budgeting isn't about restriction, It's
about empowerment. It gives you control and helps you match
your spending with your priorities.

Speaker 4 (35:13):
That's so true. When you know your numbers, you know
your options. Is not about limiting yourself. It's about freeing
yourself to make better choices.

Speaker 2 (35:24):
Number two is lifestyle creep Spending more every time you
earn more keeps you trapped. And number three is being
too afraid to invest. Fear holds a lot of people back,
but with today's tools, anyone can get started with small.

Speaker 4 (35:38):
Amounts agreed, and once they take that first step, the
fear starts to melt away.

Speaker 5 (35:44):
I also see this.

Speaker 1 (35:44):
Book as a family resource. It's not just for young people.

Speaker 2 (35:48):
Parents and grandparents can use it too to start conversations
at home. Imagine families gathered around the dinner table sharing
stories and lessons. Money doesn't have to be awkward. It
can be a way of passing down values and building
stronger connections.

Speaker 4 (36:03):
And values are what make the difference. Some of the
strongest families we've worked with are the ones who talk
openly about money, who pass down not just wealth, but wisdom.
Those conversations strengthen not only financial security, but also family bonds.

Speaker 2 (36:22):
Exactly, patience, discipline, planning ahead. These aren't just financial habits,
their life habits. And financial literacy isn't just about numbers.
It's about creating freedom and choices, which is why.

Speaker 4 (36:35):
I believe your book has something to offer every generation.
It's about money, yes, but it's also about values that last,
and those values ripple through families for years to come.

Speaker 1 (36:49):
Thanks Mom, that really means a lot.

Speaker 4 (36:51):
And dear listeners, if you have not reserved your copy yet,
As I've mentioned before, we are now to pre orders
for the very first run of William's book only the
good invest young copies are limited, and this is your
chance to be among the first to receive it. To

(37:11):
reserve yours and to schedule a complementary consultation with a
Kelly Financial Advisor, call eight eight eight eight hundred eighteen
eighty one or email Kelly at Kellyfinancial dot org.

Speaker 1 (37:25):
That's right. The earlier you start, the better, but it's
never too late to start making smart choices.

Speaker 4 (37:30):
Well that's all the time we have for now. I'm
Kelly Kelly.

Speaker 1 (37:34):
I'm William Kelly Junior. Stay tuned. There's more to save
money strategies coming up right after the break.

Speaker 4 (37:42):
I'm Kelly Kelly from Kelly Financial. Is your financial advisor
a fiduciary? 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

(38:03):
hundred eighteen eighty one or email Kelly at Kellyfinancial dot org.
We're Kelly Financial. Come retire with us.

Speaker 3 (38:12):
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 6 (38:23):
We're back.

Speaker 8 (38:24):
I'm Mike Dust, chief operating Officer at Kelly Financial Services,
and today we're talking about healthcare planning pre and post retirement.
I have the pleasure of introducing one of our trusted partners,
David Dupui.

Speaker 5 (38:36):
Dave is a true professional that has over fifteen.

Speaker 8 (38:39):
Years of experience helping his clients navigate the ever changing,
very complex landscape of all things health insurance.

Speaker 5 (38:46):
Welcome Dave.

Speaker 8 (38:47):
Thank you for taking the time to join Greg and
I on Kelly Financial Safe Money Strategies.

Speaker 1 (38:52):
Thank you, Mike.

Speaker 13 (38:52):
It's great to be here with you and your team
once again. Your team does a great job helping people
with their financial futures, and I'm proud to play small
but significant pot in the success of a client's financial plan.

Speaker 6 (39:04):
Let's jump in.

Speaker 8 (39:05):
I know our listeners are dying to know the inside
scoop on all things health insurance and Medicare. Open enrollment
is fast approaching, so turn up the volume and take
some notes. Let's start at the top, Dave, what is Medicare.

Speaker 5 (39:18):
And when do we get it?

Speaker 8 (39:19):
So?

Speaker 13 (39:19):
Medicare is the federal health insurance program in the US
that primarily covers people age sixty five and older, but
certain younger people with disabilities or specific medical conditions such
as end stage renal disease also qualify.

Speaker 1 (39:35):
So when do you get it?

Speaker 13 (39:37):
Most people become eligible the first of the month that
they turn sixty five.

Speaker 9 (39:41):
If you're already receiving Social Security benefits, you are already
enrolled in some form of Medicare coverage.

Speaker 6 (39:49):
Correct. Correct.

Speaker 13 (39:50):
If you're getting Social Security, you're usually auto enrolled in
Medicare A and B, but you can have the option
to waive the part.

Speaker 8 (39:59):
B at soup Part A, B, C, and D. Dave,
can you provide a brief description of each absolutely A
is hospital insurance, Think in patient care. B is medical insurance.
Think doctor's visits, outpatient and preventative care C is Medicare advantage.
Private plans that bundle AB and D D is easy

(40:23):
D for drugs. Your prescription pharmaceutical coverage is Part D.
I know you can bump into rather costly penalties for
late Medicare enrollment.

Speaker 5 (40:31):
Common scenarios include when you work past.

Speaker 8 (40:33):
Age sixty five, you're covered by a spouse plan, and
or you're relying on a cobra or retiree coverage.

Speaker 13 (40:41):
Yeah, penalties can be permanent, which means they really add up.

Speaker 1 (40:46):
Take Part B.

Speaker 13 (40:47):
If you don't sign up when first eligible and you
don't have qualifying coverage, your premium may go up ten
percent for each twelve month period you delay, and that
penalty is usually permanent. With Part D, that's the drug coverage,
A late enrollment penalty is one percent of the national

(41:08):
base premium for each month you don't have coverage and
is also generally permanent.

Speaker 9 (41:14):
In twenty twenty two, about two point five million people,
approximately five percent of Part D enrollees, paid a Part.

Speaker 6 (41:22):
D late enroll month penalty.

Speaker 5 (41:25):
Ouch.

Speaker 9 (41:26):
You know that is costly and in most cases one
hundred percent avoidable with a little bit of forethought and planning.

Speaker 13 (41:33):
Bottom line delays A safe only if you or your
spouse are still working for a lodge employer. Lodge employer
is twenty more employees on Medicare and you're covered under
that plan. Otherwise, penalties and gaps are likely. You said it, Mike,
A little planning goes a long way, and Kelly Financial
does a great job of identifying these pitfalls when you're

(41:55):
analyzing someone's financial snapshot.

Speaker 8 (41:57):
Okay, next topic, Medicare advantage or medigap. Medicare advantages like
buying a vacation package. Low cost upfront, but limited choices.

Speaker 1 (42:06):
And more rules.

Speaker 13 (42:07):
You're going to be in a network, pay copays, and
you may need prior authorizations. Medic gap or Medicare supplement
is like booking first class airfare and choosing your own hotel.
It costs more upfront, but gives you freedom, predictability, and
peace of mind. You can see any doctor you want
nationwide as long as they accept Medicare.

Speaker 5 (42:27):
So it's flexibility versus frugality.

Speaker 13 (42:30):
Exactly, and it's important to note switching isn't always easy.
You can change advantage plans annually. Getting into medagap plans
may require medical underwriting unless you're in a state like
Massachusetts with is no underwriting.

Speaker 6 (42:44):
There have been changes in twenty twenty five.

Speaker 9 (42:48):
A big one is the two thousand dollars annual cap
on out of pocket drug costs.

Speaker 6 (42:53):
Dave, is that a big deal in your eyes?

Speaker 13 (42:55):
Huge deal for about three percent of Medicare Part D
and roly who previously spent more than two thousand annually
in twenty twenty one. That was one point five million
people in over five million hit that amount at least
once between twenty twelve and twenty twenty one. Starting in
twenty twenty five, over one million seniors will save more

(43:17):
than one thousand a year, and by twenty twenty nine,
nearly ten percent of non subsidy enrollees will benefit.

Speaker 8 (43:25):
This has been great, and we touched on some essentials.
Let's wrap with a lightning round fire away. Myth one
Medicare is free false.

Speaker 13 (43:33):
Most people make a monthly Part B premium plus Part
D in any supplemental coverage.

Speaker 5 (43:39):
Myth two Medicare covers everything.

Speaker 13 (43:42):
Wrong again, no long term care, no dental division, no
hearing aids unless you have a plan that includes them.

Speaker 9 (43:49):
Myth number three everyone has to enroll at age sixty
five or get penalized.

Speaker 1 (43:56):
Not always.

Speaker 13 (43:57):
If you have employer coverage and are actively contributing to
an HSA, you may want to delay Part A and B.
It depends on the employer size and the plan design.

Speaker 9 (44:09):
Myth number four You can switch back and forth between
advantage and metagap easily.

Speaker 6 (44:16):
Not true.

Speaker 13 (44:17):
You can switch advantage plans annually and during OEP, but
switching to metagap might involve underwriting unless you're in Massachusetts.

Speaker 5 (44:27):
Myth five. The government will help you pick the best plan.

Speaker 13 (44:30):
They can give general info, but they won't tail anything
to you. Prescriptions, doctor network, what travel needs, and that's
what license brokers like myself are for.

Speaker 9 (44:40):
Here's a great one. Myth number six. Medicare covers long
term care.

Speaker 13 (44:46):
This is one of the biggest areas of confusion around Medicare.
The answer is no, Medicare does not cover long term care.

Speaker 6 (44:54):
We get that last one a lot.

Speaker 9 (44:56):
Long term care is typically paid for by personal savings,
long term care insurance, or a hybrid life annuity policy
or Medicaid for those who may qualify.

Speaker 13 (45:06):
If you want to self fund comfortably, plan on setting
aside two to three hundred k per person. Even more
if you want to live in a high cost geography.
That's where you and the teammate Kelly Financial do a
great job practical planning approaches that maximize your client's nest
egg over time.

Speaker 5 (45:25):
Thank you, Dave.

Speaker 8 (45:26):
It's a team effort and you are a valuable business partner.

Speaker 6 (45:29):
Thank you for all you do.

Speaker 8 (45:31):
I know our clients speak highly of your professionalism and
follow through. Are you prepared for the long run? Have
you plan to maximize social security? Do you have a
budget and retirement income strategy to support that budget? Have
you planned for healthcare costs and retirement? If the answer
is no to one or more of these questions, it
may be time to speak with a financial professional at

(45:53):
Kelly Financial. Our highly qualified team is here to support
the health of your financial future. So call us today
at eight eight eight eight hundred and eighteen eighty one
or visit us on our website at Kellyfinancial dot org.
Thank you for listening and join us next week for
more safe money strategies.

Speaker 7 (46:14):
Joining me now is William Kelly Junior. He is obviously
from Kelly Financial Services, and as you know, normally it's
his mother who comes on Kelly Kelly to talk about
the latest that's coming from Kelly Financial.

Speaker 1 (46:30):
Services today.

Speaker 5 (46:32):
However, it's a very very special hit.

Speaker 7 (46:35):
William Kelly Junior wants to devote his time in order
to commemorate and honor Charlie Kirk. William, it is great
to have you on the Kooner Report and.

Speaker 2 (46:48):
Welcome likewise, Jeff, thank you for having me on this platform,
so I'll get started. Charlie embodied the American warrior spirit.
I first encountered his influence at thirteen, when Turning Points
USA had just entered the online political realm. While others
lean on cynicism or cold analysis, Charlie stood out for
his compassion. He authored critical works, elevated discourse, and always

(47:11):
place God at the center of his message. That commitment
defines him whether people agreed with him or not. He
opened the political world for young Americans. He welcomed dialogue
even with opponents with grace and courage. Charlie urged us
to think critically, to challenge complacency, and to confront the
decay of our institutions. He met critics face to face,

(47:32):
never with hate, but with conviction and love. I hold
no doubt he rests in heaven.

Speaker 1 (47:38):
His assassination has become for gen.

Speaker 2 (47:40):
Z the Turning point of American history. His death breathes
new life into his message and gives even greater weight
into his works. Thank you, Jeff William.

Speaker 7 (47:50):
That was very well done, very powerful, very moving, and
I want to thank you from the bottom of my
heart and God bless you.

Speaker 6 (47:59):
William.

Speaker 7 (47:59):
Please give my best to your mom, to your sister,
and to everyone at Kelly Financial. Okay again, that was
William Kelly Junior.

Speaker 6 (48:09):
If you want to reach.

Speaker 7 (48:10):
Out to Kelly Financial Services eight eight eight eight hundred
eighteen eighty one, their number again is eight eight eight
eight hundred eighteen eighty one. You can also email them
Kelly at Kelly Financial dot org. That's Kelly at Kelly
Financial dot org.

Speaker 3 (48:33):
Safe Money Strategies eight eight eight hundred one eight eight one.

Speaker 4 (48:39):
Each week we share a reflection from Bill Kelling, stories,
lessons and wisdom that continue to inspire us today. This time,
Bill recounts an extraordinary dream that brings together three generations, himself,
our son William, and his grandfather Murphy. In this vivid vision,

(49:02):
he passes down lessons of faith, perseverance, and the American Spirit,
reminding us that even in uncertain times, hope and resilience
light the way forward. Here's Bill Kelly.

Speaker 14 (49:18):
The other night I had a dream that was so
realistic it was incredible. In the dream, I was walking
in a flat meadow. It was a thick, thatched, vibrant
green meadow with no hills, trees, or flowers. In the distance.
To my left was a river. It was probably twenty
yards wide. There was a corner at which the river
changed course, and now it was flowing towards me with

(49:39):
its gorgeous, deep blue water. The air was still, the
sky was blue. It was a sunny day, but not
with a blinding sun. I was walking through the meadow
and looking along the river bank to where the river
changed course. Up ahead, there was a child sitting on
the bank. As I approached him, I realized it was
my son, William. I asked him how he was, and

(50:00):
he replied, Hi, Daddy, how are you. There's somebody coming,
he said, and he pointed down stream toward the other bend.
There was a tall, gray haired man there with broad shoulders,
and I knew in a second who he was. I
said to my son, that's Tim Murphy, my grandfather. He's
your great grandfather. It's Grandpa Murphy. My son looked up

(50:22):
at me and responded, really, Daddy. I answered, yes, I
think he's coming to talk with us, and Gramp approached.
Granap had a slow gate most of his life. Actually,
he took his time with everything he did. He was
ambling along the river taking his time. When he reached us,
I hugged him and William ran up and took his hand.
Graham said, sit down, sit down, I want to talk

(50:45):
to you. How have you been. I could remember all
the questions I've had every day of my life since
he passed away almost thirty years ago. There were things
I wanted to ask him, and I wanted him to
recite some poems again so William could hear those poems.
I wanted William to hear the stories of the Irish
immigrants in Providence at the turn of the century and

(51:06):
how they all operated when they got there. I wanted
him to hear the jokes about the Irish people and
the culture, and how Gramp used to call different people
by different nicknames and tell us what they did. There
was Mike Fox, who always wore a white shirt, no
matter how foolish his endeavors or how drunk or short
of money he was. The vite shirt was the most

(51:27):
important thing in his entire life. To Mike Fox, I
wanted to hear about the fish peddler, the ice man,
and all of the characters he had told me about.
I wanted him to relive every childhood experience he had.
He used to tell us about Bishop mac vinnie and
John Pastor, who were his choir mates at Blessed Sacrament Church.

(51:48):
Graham said, I want to tell you these stories. I
don't have a lot of time, but I'm here to
tell you some things and to give you some lessons
to help you move ahead in your life. He sat
us down and said, don't ever let God go out
of your life. Then he looked at my son, don't
ever give up on your dreams. Finish what you start,

(52:09):
and keep your word to others and to God. He
looked over at me and said, save your money. With that,
he reached into his flannel shirt pocket and picked out
a passbook. This is a past book I wanted to
give you but never had the chance. I wanted to
give you this when we were in the ambulance going
to the nursing home. I replied, you gave it to me.

(52:31):
You did, but he handed it to me anyway. I
remember looking at it. It was from the Industrial National
Bank in Providence, Rhode Island. We talked and he told
me that even though life had dealt him some tough blows,
especially during the Depression, he wasn't bitter when the crash came.
There were twelve people in his household since his wife's
parents lived with him in Cranston. The crash affected not

(52:54):
only his business but also his tenant's ability to pay rent.
As you learned earlier. However, when the going got tough,
Graham got going, as if to emphasize that fact. In
my dream, Graham continued, don't ever give up. I want
to tell you that this country, America is the best
in the world. We need to realize the best way

(53:15):
to help people is to allow them to have jobs, families, housing, education,
and the ability to live their lives freely and worship God.
People want to work. When they have their jobs again,
people will be a lot happier. So what you're saying
is things are going to get better. Graat responded, Yes,
they might get a little worse first, but then they're

(53:36):
going to get a lot better. Everybody needs to stick together.
I remember thinking, Wow, this is great. It's good to
hear this. Then I asked, what about me? How am
I going to do? He replied, You've got to follow
your path, and you have to take care of your son.
You have to stay true to yourself, to God and

(53:57):
to your family. You're going to be just fine. All
at once he began to sing an old vaudeville tune
and do a little buck and wing. When I was
a kid, he used to tap dance for me on
the green linoleum floor. In the kitchen. Picture a tall
irishman in his seventies, singing, tap dancing and reciting verse

(54:18):
to a small child seated at the table. Sometimes after
lunch or dinner, he'd be washing the dishes and would
decide to show me his act. Graham used to work
what were called the smokers in vaudeville so he could
earn twenty five or fifty cents. If you could do
a three minute act while someone else was changing, then
you could earn some money and also have some fun.

(54:38):
So in that verdant meadow, Grant began to tap dance
and sing an old vaudeville song, and my son and
I just sat there watching him in awe. Then he
slowly faded into the background, dancing and singing. I remember thinking, boy,
I wish we had more time to talk. But the
message from the dream was clear. Things are going to
get better. It's going to be a little tougher than

(54:59):
we might like in the meantime, but they are going
to get better. It was an amazing dream, and it
seemed real. When I woke up. I remember finding a
box with an envelope full of pictures and family mementos
my brother Walter had shared with me over Christmas. I
opened the big Manila envelope and looked through it for
the first time in about a year, since I had
been meaning to sort it. I dumped the contents on

(55:22):
the desk. There were some school pictures, and there was
gram at a wedding. There were pictures of me in
second grade in addition to some other mementos, and there
was a canceled passbook containing pages filled with transactions. It
had been stamped with a machine that made holes in it,
and the cover read Industrial National Bank. I opened it up.
On the inside cover was Grams's name, Tim Murphy. It

(55:45):
was the passbook from my dream. That discovery validated the
message about our being okay in life. Graham said, We're
going to get back on our feet. It's going to
be a little challenging to do that, but we're going
to get back on our feet. Emily, home, school, work,
and play. Components of the American dream are going to

(56:05):
be restored. I believe it's a great dream for all
of us, and we can make it happen for everyone
by working together, which in the end will do.

Speaker 3 (56:20):
We'll call Kelly Financial Services eight eight eight eight hundred
eighteen eighty one.

Speaker 4 (56:25):
I'm Kelly Kelly from Kelly Financial. 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

(56:48):
one or email Kelly at Kellyfinancial dot org. We're Kelly Financial.

Speaker 3 (56:53):
Come retire with us safe money strategies with William Kelly
and Kelly Kelly. Go to Kelly Financial dot org.

Speaker 9 (57:07):
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 10 (57:14):
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.

Speaker 1 (57:23):
It is always advisable to consult their profess