December 14, 2025 • 8 mins
Mindy and boots discuss another record day on Wall Street!
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
Day afternoon. I apologize for missing the first hour, but
you know what, what you do in your life should
come first and foremost of what is most important to you.
And it was more important for me to go to
a friend's calling hours. I would not miss that. And
Booch's understanding. He's like, yeah, you can go. And so
I've at our age.
Speaker 2 (00:18):
At our age, man, I'm telling you, he.
Speaker 1 (00:20):
Isn't even at our age. It's just you do the
right thing in life, no matter what your age is.
And I wanted to be there for Artie Taylor and
his awesome wife and son and the whole family.
Speaker 2 (00:31):
Sad every and Joe, you'll feel this in a few years.
As a kid, every Wednesday, mom and dad were at
the funeral home. It seemed like someone passing away. And
it's like once there big, it's ever forty. You're just like,
oh my gosh, you know who died, who died, and
it's sad, but it's it's life.
Speaker 1 (00:45):
And Artie was young. He was diagnosed with cancer in January,
so almost a complete year. And uh, but anyway, we
want to switch the focus back. We're talking to Joschmidts
of Peak Retirement Planning, which by the way this company
was named fastest growing private company in Columbus. But when
you throw the word private in there, what's the difference
between a public company and a private company? I don't
(01:06):
even know.
Speaker 3 (01:07):
Yeah, So, like public would be like do you know
think of like the S and P five hundred where
it's like five hundred the biggest companies, you know, those
are all public companies. So all the biggest companies out there,
private it is going to be more of your independent
solely owned you know, more of your family type feel
to it, more the independent feel. So you know, like
a public for us would be like Charles Schwab or
Fidelity or you know one of those really big you
(01:29):
know firms out there.
Speaker 1 (01:30):
Well Joe's and Studio. And if you have a financial question,
if you're wondering about as we are nearing the end
of the year and getting ready to start a new one,
call us up at six one four eight two one
nine eight eight six six one four eight two one
nine eight eight six. This is your opportunity, guys, to
get some free financial advice. And he also wrote a
fourth book, Boots.
Speaker 3 (01:50):
Wow, I know that for huh Yeah, So this one's unique.
It's for those with pensions specifically. So you know, we've
talked about pensions quite a bit on this on this segment,
are on segments before. But you know those you know
who are federal employees, military, state employees, local employees. So
you know, people who have typically worked a long time,
(02:11):
so they're loyal to the places they've worked, and you know,
they probably worked twenty thirty plus years and so now
they're going to get a guaranteed monthly pension for the
rest of their lives. But you know, that's only twenty
percent of people out there.
Speaker 2 (02:22):
So I have a lot of friends that are first responders, cops,
vironment et cetera. The drop they always I'm in the drop,
I'm in the drop, And when they come out of drop,
they're worth millions. Yeah, how is that possible? City, I'm
glad they are. God love them because we know the
government waste money. But these guys come out as millionaires.
What do you do with a guy like that?
Speaker 3 (02:41):
Yeah, I mean they have their drop money, they also
have their ongoing pension. So that's kind of the ideal
type of person we talk about in this book, the
two percent club, because like you said, they have a
million plus saved which is less than ten percent of
the country, and then they've got a pension, which only
twenty percent. So that's why I wrote this book. It's
called the two percent club because when you combine those
two percentages only less with two percent of the population
(03:01):
out they're in their shoes. And so to your point,
their situations are much more advanced than the average person.
But they find themselves thinking they're the average person, but
they're really not from a financial standpoint, because there's not
a lot of people that have a high income in
retirement and that high net worth that we're talking about,
so they're gonna have pay more in taxes. Typically, oftentimes
this crowd is told you'll be in a lower tax
(03:23):
bracket and retirement, and that may be true for eighty
to ninety percent of people out there, but for this crowd,
it's typically not. They're typically in the same tax bracket
or even higher most of the time. And so we
look to put together some tax strategies now, things like
roth conversions or taken out with draws as we talked
about earlier before the end of the year, to utilize
these low tax brackets. But you know, they're really concerned
(03:44):
about overpaying and taxes.
Speaker 1 (03:46):
If you used to be when you looked for a
decent job, you look for one with good health benefits,
and one is great retirement. Why has it changed so
much that? Yeah, like Boots said, they just don't exist
like that.
Speaker 3 (03:58):
And he used to also get a gold watch too.
Speaker 2 (04:00):
Yeah, now you get a cheap one. Yeah, we get
a coup on a Walmart.
Speaker 1 (04:04):
You just give them all your time instead of the
company giving you a gold wine. Why have these trends changed?
Speaker 3 (04:09):
Yeah, I mean it's the affordability. I mean, life expectancy
has changed. Right, So if you look back when pensions
were really popular, people would live till sixty or seventy ninety. Yeah,
they're in the ninety or even one hundred plus, and
you know it's not worth it for these companies. Yeah,
and I was just hearing it's someone talking too, like
there's a chance that people are going to continue to
live longer as time goes, and so pension funds are
(04:29):
just not going to be appropriate for people who retire
at sixty but live to one hundred.
Speaker 2 (04:33):
We can't handle that in their way. The planet can't
handle no, I mean just the resources.
Speaker 3 (04:40):
I mean, well, there is less people getting you know,
here's the considerations less people being born. But also like,
how do we if they retire seventy and they live
to one hundred and twenty, Like, how do we? How
are you going to pay that long?
Speaker 2 (04:54):
Take them out back?
Speaker 1 (04:55):
Okay, I gotta go.
Speaker 3 (04:56):
Okay, So what do you.
Speaker 1 (04:57):
Want people to get out of your new book The
two Percent Club? More than anything? What do you want?
Why should people get this book?
Speaker 2 (05:02):
Yeah?
Speaker 3 (05:02):
So the only people that should get the book on
this one is those who have pensions and have you know,
a million plus saved. If they don't have quite a million,
it could still probably be valuable for them. But if
they have a million plus this pension, I'm going to
go out there and say it. I've said it already,
it's probably the best book they're going to find because
it's specifically.
Speaker 2 (05:16):
To their situation.
Speaker 3 (05:17):
Okay, So if someone doesn't in that, if they're not
in that situation, then go to our website request my
other books. See I hate taxes. Midwestern millionaire ones are great,
but someone with a pension, you know, I would highly
recommend they go to the website today and request that
and we'll send it out to them. But would be
really good resource for him.
Speaker 1 (05:33):
If you want a best seller and you want everybody
to get your book, you ought to write a book
like the ninety percent Club. All the people who live
above their means they spend spend reading it.
Speaker 2 (05:42):
But if I done wrong all these years, the right.
Speaker 3 (05:45):
Thing is like the people ask like why do you
why do you only serve you know, why do you
specialize in serving two percent of the population, Like why
don't you go after everyone else? And it's like, well,
no one else talks about what we talk about. No
one else specializes in this crowd of people, and so
we really stick out. And so we get so many
people come to us across the country who say we
want to work with you because you talk about people
(06:05):
with pensions, you talk about people who have saved a
million dollars. You have the Comprehensive Planning CPA of state
planning all in one place. You know, you really focus
on tax planning. You take a team approach, like there's
not a lot of people doing that out there.
Speaker 2 (06:17):
Well, how did you say it the victim thing? How
did you say?
Speaker 3 (06:19):
That's victim mindset.
Speaker 2 (06:21):
Victim mindset, that's a T shirt there we also be
a victim mindset.
Speaker 3 (06:25):
When we hire people team members. That's one of the
number one things we screen for. Number one is values.
Number two is are they a victim or not. Do
they have a mentality where they're going to look to
have a growth mentality where they want to get better,
or they always feel like signs you know someone else's.
Speaker 1 (06:39):
Problem is all for people who come to you and
want your services from across the country, not just here
in Ohio. How many people do you turn away?
Speaker 3 (06:47):
So we get about thirty to forty people that reach
out to us every week to work with us. Right
now we're only bringing on about ten to twelve a week.
Speaker 1 (06:54):
My gosh, see business is good for you peak retirement.
Speaker 3 (06:58):
It's to a place where we've actually had to because
we have a say in all time. We say we
want to be the best, not the biggest, So we
could onboard all of.
Speaker 1 (07:04):
Those people also victim mindset.
Speaker 3 (07:06):
But if we did that then it would become an
issue for our clients, and so we don't want to
under value clients who have already committed. We want to
serve them really well, treat everybody, and we always prioritize
family and friends from clients we serve. So even though
there's that many people. If someone refers us, we always
do that because it's the way to respect our clients.
So yep, that's you.
Speaker 1 (07:26):
Know, I've said over like two hundred people referrals anyway, So.
Speaker 2 (07:29):
We got a break, but we got Rivia next about
Michigan coaches with the only fans.
Speaker 1 (07:34):
We're going to do Christmas songs because we had so
many issues with the actual listening to the song itself.
They are facts about this song, for example, like what
color is Rudolph's nose blue? Exactly, just like that, So
call us up. Boots wanted a rematch from last week
with Jill and Julie. If they're not listening and we
can't get a hold of them, we will still need
(07:55):
people to call in and play. So have some fun,
you guys on this.
Speaker 2 (07:58):
One number they call mine or in the station here
seven nine three nineteen fifty seven seven nine three nineteen
fifty seven. All right, we'll be right back. This is
uh Rob Midian Boots on news radio Sixten WTVN
Day afternoon. I apologize for missing the first hour, but
you know what, what you do in your life should
come first and foremost of what is most important to you.
And it was more important for me to go to
a friend's calling hours. I would not miss that. And
Booch's understanding. He's like, yeah, you can go. And so
I've at our age.
Speaker 2 (00:18):
At our age, man, I'm telling you, he.
Speaker 1 (00:20):
Isn't even at our age. It's just you do the
right thing in life, no matter what your age is.
And I wanted to be there for Artie Taylor and
his awesome wife and son and the whole family.
Speaker 2 (00:31):
Sad every and Joe, you'll feel this in a few years.
As a kid, every Wednesday, mom and dad were at
the funeral home. It seemed like someone passing away. And
it's like once there big, it's ever forty. You're just like,
oh my gosh, you know who died, who died, and
it's sad, but it's it's life.
Speaker 1 (00:45):
And Artie was young. He was diagnosed with cancer in January,
so almost a complete year. And uh, but anyway, we
want to switch the focus back. We're talking to Joschmidts
of Peak Retirement Planning, which by the way this company
was named fastest growing private company in Columbus. But when
you throw the word private in there, what's the difference
between a public company and a private company? I don't
(01:06):
even know.
Speaker 3 (01:07):
Yeah, So, like public would be like do you know
think of like the S and P five hundred where
it's like five hundred the biggest companies, you know, those
are all public companies. So all the biggest companies out there,
private it is going to be more of your independent
solely owned you know, more of your family type feel
to it, more the independent feel. So you know, like
a public for us would be like Charles Schwab or
Fidelity or you know one of those really big you
(01:29):
know firms out there.
Speaker 1 (01:30):
Well Joe's and Studio. And if you have a financial question,
if you're wondering about as we are nearing the end
of the year and getting ready to start a new one,
call us up at six one four eight two one
nine eight eight six six one four eight two one
nine eight eight six. This is your opportunity, guys, to
get some free financial advice. And he also wrote a
fourth book, Boots.
Speaker 3 (01:50):
Wow, I know that for huh Yeah, So this one's unique.
It's for those with pensions specifically. So you know, we've
talked about pensions quite a bit on this on this segment,
are on segments before. But you know those you know
who are federal employees, military, state employees, local employees. So
you know, people who have typically worked a long time,
(02:11):
so they're loyal to the places they've worked, and you know,
they probably worked twenty thirty plus years and so now
they're going to get a guaranteed monthly pension for the
rest of their lives. But you know, that's only twenty
percent of people out there.
Speaker 2 (02:22):
So I have a lot of friends that are first responders, cops,
vironment et cetera. The drop they always I'm in the drop,
I'm in the drop, And when they come out of drop,
they're worth millions. Yeah, how is that possible? City, I'm
glad they are. God love them because we know the
government waste money. But these guys come out as millionaires.
What do you do with a guy like that?
Speaker 3 (02:41):
Yeah, I mean they have their drop money, they also
have their ongoing pension. So that's kind of the ideal
type of person we talk about in this book, the
two percent club, because like you said, they have a
million plus saved which is less than ten percent of
the country, and then they've got a pension, which only
twenty percent. So that's why I wrote this book. It's
called the two percent club because when you combine those
two percentages only less with two percent of the population
(03:01):
out they're in their shoes. And so to your point,
their situations are much more advanced than the average person.
But they find themselves thinking they're the average person, but
they're really not from a financial standpoint, because there's not
a lot of people that have a high income in
retirement and that high net worth that we're talking about,
so they're gonna have pay more in taxes. Typically, oftentimes
this crowd is told you'll be in a lower tax
(03:23):
bracket and retirement, and that may be true for eighty
to ninety percent of people out there, but for this crowd,
it's typically not. They're typically in the same tax bracket
or even higher most of the time. And so we
look to put together some tax strategies now, things like
roth conversions or taken out with draws as we talked
about earlier before the end of the year, to utilize
these low tax brackets. But you know, they're really concerned
(03:44):
about overpaying and taxes.
Speaker 1 (03:46):
If you used to be when you looked for a
decent job, you look for one with good health benefits,
and one is great retirement. Why has it changed so
much that? Yeah, like Boots said, they just don't exist
like that.
Speaker 3 (03:58):
And he used to also get a gold watch too.
Speaker 2 (04:00):
Yeah, now you get a cheap one. Yeah, we get
a coup on a Walmart.
Speaker 1 (04:04):
You just give them all your time instead of the
company giving you a gold wine. Why have these trends changed?
Speaker 3 (04:09):
Yeah, I mean it's the affordability. I mean, life expectancy
has changed. Right, So if you look back when pensions
were really popular, people would live till sixty or seventy ninety. Yeah,
they're in the ninety or even one hundred plus, and
you know it's not worth it for these companies. Yeah,
and I was just hearing it's someone talking too, like
there's a chance that people are going to continue to
live longer as time goes, and so pension funds are
(04:29):
just not going to be appropriate for people who retire
at sixty but live to one hundred.
Speaker 2 (04:33):
We can't handle that in their way. The planet can't
handle no, I mean just the resources.
Speaker 3 (04:40):
I mean, well, there is less people getting you know,
here's the considerations less people being born. But also like,
how do we if they retire seventy and they live
to one hundred and twenty, Like, how do we? How
are you going to pay that long?
Speaker 2 (04:54):
Take them out back?
Speaker 1 (04:55):
Okay, I gotta go.
Speaker 3 (04:56):
Okay, So what do you.
Speaker 1 (04:57):
Want people to get out of your new book The
two Percent Club? More than anything? What do you want?
Why should people get this book?
Speaker 2 (05:02):
Yeah?
Speaker 3 (05:02):
So the only people that should get the book on
this one is those who have pensions and have you know,
a million plus saved. If they don't have quite a million,
it could still probably be valuable for them. But if
they have a million plus this pension, I'm going to
go out there and say it. I've said it already,
it's probably the best book they're going to find because
it's specifically.
Speaker 2 (05:16):
To their situation.
Speaker 3 (05:17):
Okay, So if someone doesn't in that, if they're not
in that situation, then go to our website request my
other books. See I hate taxes. Midwestern millionaire ones are great,
but someone with a pension, you know, I would highly
recommend they go to the website today and request that
and we'll send it out to them. But would be
really good resource for him.
Speaker 1 (05:33):
If you want a best seller and you want everybody
to get your book, you ought to write a book
like the ninety percent Club. All the people who live
above their means they spend spend reading it.
Speaker 2 (05:42):
But if I done wrong all these years, the right.
Speaker 3 (05:45):
Thing is like the people ask like why do you
why do you only serve you know, why do you
specialize in serving two percent of the population, Like why
don't you go after everyone else? And it's like, well,
no one else talks about what we talk about. No
one else specializes in this crowd of people, and so
we really stick out. And so we get so many
people come to us across the country who say we
want to work with you because you talk about people
(06:05):
with pensions, you talk about people who have saved a
million dollars. You have the Comprehensive Planning CPA of state
planning all in one place. You know, you really focus
on tax planning. You take a team approach, like there's
not a lot of people doing that out there.
Speaker 2 (06:17):
Well, how did you say it the victim thing? How
did you say?
Speaker 3 (06:19):
That's victim mindset.
Speaker 2 (06:21):
Victim mindset, that's a T shirt there we also be
a victim mindset.
Speaker 3 (06:25):
When we hire people team members. That's one of the
number one things we screen for. Number one is values.
Number two is are they a victim or not. Do
they have a mentality where they're going to look to
have a growth mentality where they want to get better,
or they always feel like signs you know someone else's.
Speaker 1 (06:39):
Problem is all for people who come to you and
want your services from across the country, not just here
in Ohio. How many people do you turn away?
Speaker 3 (06:47):
So we get about thirty to forty people that reach
out to us every week to work with us. Right
now we're only bringing on about ten to twelve a week.
Speaker 1 (06:54):
My gosh, see business is good for you peak retirement.
Speaker 3 (06:58):
It's to a place where we've actually had to because
we have a say in all time. We say we
want to be the best, not the biggest, So we
could onboard all of.
Speaker 1 (07:04):
Those people also victim mindset.
Speaker 3 (07:06):
But if we did that then it would become an
issue for our clients, and so we don't want to
under value clients who have already committed. We want to
serve them really well, treat everybody, and we always prioritize
family and friends from clients we serve. So even though
there's that many people. If someone refers us, we always
do that because it's the way to respect our clients.
So yep, that's you.
Speaker 1 (07:26):
Know, I've said over like two hundred people referrals anyway, So.
Speaker 2 (07:29):
We got a break, but we got Rivia next about
Michigan coaches with the only fans.
Speaker 1 (07:34):
We're going to do Christmas songs because we had so
many issues with the actual listening to the song itself.
They are facts about this song, for example, like what
color is Rudolph's nose blue? Exactly, just like that, So
call us up. Boots wanted a rematch from last week
with Jill and Julie. If they're not listening and we
can't get a hold of them, we will still need
(07:55):
people to call in and play. So have some fun,
you guys on this.
Speaker 2 (07:58):
One number they call mine or in the station here
seven nine three nineteen fifty seven seven nine three nineteen
fifty seven. All right, we'll be right back. This is
uh Rob Midian Boots on news radio Sixten WTVN
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