June 1, 2025 • 19 mins
Mindy and Boots speak with Joe Schmitz from Peak Retirement Planning.
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Episode Transcript
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Speaker 1 (00:01):
Our number two if you still would like to call
in and wish Boots a happy birthday. We had to
turn some people away because we had the interview with
Brian Steele, who is such a good guy and man.
If anyone's fighting for law enforcement officers, that guy.
Speaker 2 (00:15):
He don't hold back. I mean, you know, you know
how Trump slams the media.
Speaker 3 (00:20):
It's what we need.
Speaker 2 (00:21):
We need real truth, we need no excuses, period.
Speaker 3 (00:28):
It is what it is.
Speaker 2 (00:29):
You pull a gun on a police officer, I hope
they shoot and kill you. I'm sorry, I'll say it
if you're that dumb. I have never remember remember that
story when I got pulled over in the hilltop with
my bends with the tag on it, and I had
four guns pointed at me.
Speaker 3 (00:45):
I didn't move around. I put all the windows down.
Speaker 2 (00:47):
I told everybody in a car to put their hands
up on the dash and the steering wheel. And the
officer walked up and I complied, and I didn't die.
Speaker 3 (00:53):
If you comply, you won't die. Period. Quits sane.
Speaker 1 (00:57):
Who does all the things the right way? Is Joe
Schmidt's of peak retirement planning. Hi Joe, great to be back.
Speaker 3 (01:05):
Have you ever pulled a gun on a police office.
Speaker 4 (01:07):
Oh my gosh, I never even thought he thought about
my man.
Speaker 2 (01:10):
Just the other day, I go shoot up some cops. No, ever, never,
you're a good dude. We need more Americans like you
and best of your generation. You're a lot younger than
Indy and I because I'm old tomorrow, so we need
you to be a I wish people look up to
you like they Cammy. We need these role models, and
you guys are role models in my eyes.
Speaker 1 (01:28):
What do you say to that, Joe, that's awesome. It's
his birthday and he's the one fishing out the compliment.
Speaker 3 (01:33):
No, I like that.
Speaker 2 (01:33):
I like to see young successful people's fortieth birthday or forty.
Speaker 1 (01:38):
I told. I texted Joe before the show and I said, Hey,
it's Boots his birthday tomorrow. We're celebrating today, so bring
in depends, But.
Speaker 4 (01:48):
He did, I've got a good joke on depends. I
can tell you go ahead.
Speaker 5 (01:51):
So I was doing a workshop here on social security
just in the community, and uh, someone asked, when's the
best time to take social security?
Speaker 4 (01:59):
And of course I told him depends.
Speaker 5 (02:00):
Because there's all these different factors, and you know, I
always tell people, you know, tell me when you're gonna die,
and I'll tell you when the best time to take
it is, because you know, that's what that's what it's
all about. And a guy came up to me afterwards.
He said, Joe, I love the workshop. You know, we're
scheduled to come in and see you guys, But don't
use the word depends. You're talking to a bunch of
old folks here.
Speaker 1 (02:18):
That's true, though, you.
Speaker 2 (02:19):
Should say it depends kind of like your undergarments and
then move on with a question and watch them laugh.
Speaker 1 (02:24):
So I look at Joe he walks into the studio,
and if you want to see Joe, we are live
on Dan Boot's Londinette Facebook page, which of course we'll
share later as well. But Joe's got a little bit
of a different look and I absolutely love it. You're
letting your hair grow out a little bit.
Speaker 5 (02:42):
I know, I've got a really good fashion designer and fashionista.
Speaker 4 (02:46):
That's in my corner that's given me some great advice.
Speaker 1 (02:49):
She's so smart, you know.
Speaker 5 (02:51):
She she makes me eat McDonald's and she gives me
tips on my hair.
Speaker 1 (02:55):
And wait, this is someone you've had to do his hair.
He's talking about me no, do you like so when
you go through a change. I can't talk about your hair, Boots,
because you don't have anything. But when you go through
a change in your hair because you had really short,
short hair and you're letting you crow out a little bit,
especially your bangs, does it feel different?
Speaker 5 (03:17):
I mean, I like it, but it's not something that
every day I wake up and I'm just like, man,
this is like I'm just so much working.
Speaker 1 (03:25):
But you know what, most guys don't care about their hair.
Otherwise you would have some boots and I.
Speaker 2 (03:30):
Look good bold, I look at the mirror and go, dang,
if I jump the fence, i'd do him.
Speaker 1 (03:35):
Oh my gosh, there's a phone call, Joe. I don't
know if it's a financial question for PEK retirement planning,
or it may be a birthday question for Boots, like
something about I don't know.
Speaker 6 (03:49):
Yeah, I just wanted to wish mister Boots a happy birthday.
And is for hair, I've got mine, Gray and Mandy
can vouch for it. Is it's there, it's there. If
it ain't there, don't worry about it.
Speaker 1 (04:03):
If it ain't there, we don't care.
Speaker 3 (04:05):
Hey.
Speaker 2 (04:05):
The only thing I use hair product on is my
beard and it gets cut off in August at the
Vans Outdoors show for the Owner flight.
Speaker 6 (04:12):
Tom, have you remembered there? You go, Oh yeah, well
I do miss Mindy sort of stuff.
Speaker 1 (04:23):
I'm sorry what Tom?
Speaker 6 (04:25):
I said? I agree? Miss Mindy most her and Mikia later.
Speaker 1 (04:31):
So oh yeah, but you put you're tuning in now,
so that's okay.
Speaker 6 (04:34):
Yeah, I'm moving in now.
Speaker 3 (04:36):
Well, So Tom, have we meant?
Speaker 4 (04:39):
Meant?
Speaker 6 (04:39):
Yeah? I'm always I'm at the honor flight reception and
all right, any of the other events. But we put
the time one welcome back. I'm usually the one with
the uh uh patriotic helmet on.
Speaker 3 (04:54):
There you go, I know exactly.
Speaker 1 (04:55):
You're falling in and wishing boots at Happy fifty seven.
We appreciate time, I said, meant, can you imagine he's
fifty seven? Does he love fifty seven? Joe? No?
Speaker 3 (05:04):
I told I had your hair.
Speaker 5 (05:07):
You know.
Speaker 3 (05:07):
Here's why I feel bad. I feel bad, Joe.
Speaker 2 (05:09):
She came up with this idea, and I guarantee you
got multiple texts about it.
Speaker 3 (05:12):
You want to do, You're gonna do? You can do?
She didn't know where do I sign up? In your playbooks?
Speaker 4 (05:18):
She only asked me six times.
Speaker 2 (05:19):
I can't say, but she she would be my coolest
friend back in high school. It had been so cool
because because I'd have said, what's the story on that girlhood?
Speaker 1 (05:32):
Because you know what I tell people kids classes that
are they aspiring journalists or whatever? I always say, you
know the people in your class that love to find
out the scoop on somebody and then love to tell
everybody else about it. Those are the people that will
make the best news reporters, because that's basically what you're doing.
Speaker 3 (05:52):
Joe, if you ever have a.
Speaker 2 (05:52):
Daughter, this is when he turned teenagers and a boy
start chasing him. You go, you're Kelly Underwood. I mean
Kelly Pickler or Carrie under Who do you want to be?
It's a good scenario. Now they'll be dead and gone
by the time that it comes to saying. I told
both daughters, if you want to be Kelly Pickler or
Kerrie Underwood, and they're like wow, they hit home because
we all want to marry Carry Underwood, but we want
dake Kelly Pickler.
Speaker 1 (06:13):
I will say this, but it's brought up a very
good point about you. He says, he gave you a
compliment about you being such a strong young professional no
matter what, and because you are so dedicated at your profession.
But I think that's kind of who you are as
you grow up as a person. You were that as
an athlete. Joe was the one who got up early
(06:34):
before school to take extra shots and that's why he
broke a thousand points both in high school and in college.
I think that's kind of just who you are as
a person. So now that you own your own business,
it's totally easy to see why it's thriving. And the
people that come to you as clients are very happy
with your work because you kill it for everybody you
(06:56):
work with and for.
Speaker 4 (06:57):
Yeah, it makes it enjoyable.
Speaker 5 (06:58):
I mean when you can you know, I think that
they think it's just having habits and doing things the
right way. And when people deal with their life savings,
they want someone they can like and trust and they
are like minded. And that's why we wrote the book
called Midwestern Millionaires, because we serve people with the same
values that we have, that value the same hard work. Right,
Why do we connect so well as because things We
see things very similarly, and so I think that's a
(07:18):
lot of it. You know, I think a lot of
times when you can't connect with someone, they may not
see the good of what you're doing or the positives
of that work. So it's all about helping those you
can help them.
Speaker 3 (07:26):
I had old salesmen, I had young salesmen.
Speaker 2 (07:28):
Let me tell you something. The young salesman. It did
you the way you think and act. They were the
best guys I had. And i'd have family members coming.
Why heep him with the young guy because he's better
than the old guy ever smoking and joking. I don't
want anything with the old guy. And some old guys
are good, don't get me wrong. But but having a
young guy that cares you, you can't make that up.
You can't you get that from your parents. It's in
(07:50):
your DNA. We met your parents, and met your parents.
Why don't keep saying yeah? And it's so that that
has a lot to do with it? And I can't
speaking the classes and stuff. I'd love to invite the parents.
You know, when we do car studies, the teachers pay
attention to kids don't. And I can tell the kids
(08:11):
that have good parents because those are the ones paying attention.
Speaker 3 (08:13):
Why is that man him? Why can't we fix that?
I think it fixed the world.
Speaker 1 (08:17):
You know, it's funny that you mentioned that, because.
Speaker 4 (08:20):
It's a real deal.
Speaker 3 (08:21):
It is.
Speaker 1 (08:22):
Well, a lot of what kids learn in school, does
it set in? Does it not set in? But a
lot of it, too is what are they actually learning
in school? I'm going that direction because Cammi Joe is
out in Oklahoma City. She's able to Joe Joe and
Kimmy job Joe. Of course Joe Schmitz would say that.
So she's out in Oklahoma City and I said, while
(08:44):
you're there, she's coaching a fourteen U team and she
gets to go to the College World Series. She's killing
her because she would have given anything to be playing
in it. But the coach was anyway, I'm like, while
you're there, there's got to be some type of a
tribute to the Oklahoma City bombing. She had no idea
what I was talking about, Like, what are they not
learning in school? That was a major things?
Speaker 3 (09:07):
Do you think they would teach that? Because made me.
Speaker 1 (09:09):
A tutorial and she was so touched by it. But
I can't believe it took her mom to tell her
about the Oklahoma City bombing all these years later.
Speaker 3 (09:18):
That was what ninety three, I don't even know what.
It's been thirty.
Speaker 2 (09:22):
Years, But why wouldn't you know, what, why wouldn't they
teach that, especially in the woke world we're in, because
the argument that left always says, well, Timothy McVay, Timothy,
when you try to say that the terrorist or this
type of person, well, Timothy vay.
Speaker 3 (09:36):
Okay, we had one idiot like that.
Speaker 2 (09:38):
But I mean, you think the teachers would want to
promote that to make it, you know, more woke.
Speaker 3 (09:43):
I don't know.
Speaker 1 (09:43):
All right, we're talking with Joe Schmid's from Pete Retirement Planning.
If you have a question for Joe, or if you
want to call and wish Boots another happy birthday, you can,
But seriously, how are your finances? How is it looking
right now? You know, we've got to get this tax
break in there, and I think that's part of the
big beautiful bill. So if you have a question about
finances the stock market, it's been so up and down
(10:04):
roller coaster the beginning of this year. Things look a
little better hopefully now back after where we were, Thank goodness.
All right, don't think Randy doesn't check that every single day.
We'll be right back Boots when we come back though
more with.
Speaker 2 (10:14):
Joe Schmidz brought many boots and always brought you by
the Undefeated American made Tattletale three tornadoes still called the
police on six ten to be TV.
Speaker 1 (10:23):
Alrighty, it's a Sunday. It's the first Sunday in June.
It doesn't feel like it's June because yesterday it was
so cool. Lately, we were talking about Cammi being out
in Oklahoma City and how I was so surprised that
she never learned about the Oklahoma City bombing in school.
But then she did send me this because I'm like,
please look for some type of memorial, so I want
(10:43):
you to hear this, and she kind of describes what
she's seeing, and even though she didn't learn about it
in school, she was very touched by it after she
read so much about it. So let me play it here,
not tutorial, okay. So this one says nine oh one,
and that's the minute before the bomb up went off
and went off at nine oh two, and then that
one says nine oh three, and it's like the gates
(11:05):
in between. This represents the piece before, and then the
nine oh three represents the healing that came after when
it started, healing started. All the chairs represent all them
two chairs really all the lives that were lost. There's
nine rows because the building was nine floors. This chair
is this tree was there. Oh yeah, the tree was
(11:26):
here when when the ball went off in the day.
It represents hope.
Speaker 4 (11:30):
In the chairs.
Speaker 1 (11:31):
The little chairs are for the kids because there was
a daycare that was in the building, So the little
chairs of all the kids that passed away.
Speaker 4 (11:37):
And then there's big chairs.
Speaker 1 (11:40):
Yeah, so sad. So I'm glad that they were able
to see that because I think that's one of those
situations that you have to keep learning about things like that.
We can never forget.
Speaker 5 (11:52):
I think too, I can school, I mean ninety like
what is like I've always questioned, like why is school
teach us all this stuff but doesn't teach us important
stuff like finances for example, Like I mean, we're taught math,
but we're not really taught how to manage finances. Like
some high schools have courses, but that's about it. They
don't have like leadership development, they don't have like management,
(12:13):
they don't have how to do entrepreneurship or business or
it's a great point like even like I mean they
have home at classes like that's great. But for my
high school he wasn't mandatory. It was like optional, Like.
Speaker 3 (12:24):
It should be a life class, said this before.
Speaker 4 (12:26):
But it shouldn't even be one checking account.
Speaker 3 (12:28):
It should be all day life class retirement.
Speaker 1 (12:30):
Because I agree with you.
Speaker 2 (12:32):
We're both fifty seven and if I blinked my eye
and I'm fifty seven years old, my life is flying
by and it's really weird, and we needed to you
your spot on.
Speaker 3 (12:43):
They need to have a two hour a day life course.
Speaker 1 (12:45):
Yes, how to Trump administration to give you money to
trade schools because you need that too. May you hear that?
Speaker 3 (12:51):
Yeah?
Speaker 2 (12:52):
You know what what they're saying now, the average household
income means like two and fifty grand a year to.
Speaker 3 (12:56):
Live above middle class.
Speaker 4 (12:58):
Yeah, I mean, you see that that's true.
Speaker 5 (13:00):
I mean, I don't know that the stat's true, but
I do know that. I mean, with inflation and everything,
it's just really hard to afford things nowadays, obviously, and
you know, people are responsible for their own retirements. You know,
only twenty percent of people have pensions nowadays, so there's
a lot of responsibilities. And obviously the cost of raising
children can be two hundred and fifty thousand from zero.
Speaker 2 (13:19):
You think we could reset it because the fifties was
houses were affordable, cars were affordable, education was affordable.
Speaker 3 (13:27):
Nothing's affordable anymore.
Speaker 1 (13:29):
I mean backward, I'm sure.
Speaker 3 (13:30):
I mean it has to get reset.
Speaker 4 (13:32):
It's gonna be hard.
Speaker 5 (13:32):
But like the other thing, the thing that you keep
in mind is like you think of Social Security, you
think of medicare, right, those are government provided for people
in retirement. Well they they're underfunded right now. So like
you know, back in the day, like people didn't live
as long, so like the whole you know, future thing
really didn't matter as much because they had a huge
social security. Like I said, they probably had a pension
(13:53):
and they probably only had a ten year retirement because
house was paid for. Yeah, house is probably paid for.
But like nowadays, people living until they want to retire earlier.
So security is less. People get what less than social
security nowadays?
Speaker 3 (14:05):
Less paying into it.
Speaker 2 (14:06):
The baby boomers or five a family versus two a family, now, yeah.
Speaker 4 (14:10):
There's less.
Speaker 5 (14:10):
There's less people working right paying into it. So you know,
when you have all those issues, it's gonna be harder.
Speaker 4 (14:16):
And so it's just it's gonna be difficult.
Speaker 5 (14:18):
And I think people really have to understand of like,
you know, what do they want their lifestyles to look
like now and in the future. I mean, because I can,
I can predict a lot of people are probably gonna
have to continue working for a longer period of time, uh,
or they're just gonna have to live on much less.
Speaker 1 (14:31):
So we mentioned a big, beautiful bill before we went
to break if that doesn't pass, because there's a big
part in there that has to deal with tax breaks, yes,
what happens if that doesn't pass?
Speaker 4 (14:41):
Yeah, I mean I think it's going to pass. Is
kind of what we're predicting.
Speaker 5 (14:44):
It's got a lot of good benefits, so it makes
the tax cuts permanent. So it's that's a huge thing
to keep in mind because it's going to take a
lot more work to get that basically changed in the
future if another administration comes in. So everyone's pretty optimistic.
I mean, it's going to continue to lower time if
it does sunset. Most people have to pay about twenty
percent more in taxes and so this is something that
(15:05):
can help them pay less. And there's also some other
great benefits in it too that but we don't know
like at this point, like what's going to actually get passed,
but it sounds like some of the main things that
they've been talking about is definitely going to get through there.
Speaker 1 (15:18):
How is the stock market right now? Because it was
so it hit yeah badly.
Speaker 4 (15:23):
It went down about.
Speaker 1 (15:24):
Because of the tariffs. People didn't know what to expect.
Speaker 5 (15:26):
Yeah, and it's still uncertain. I mean, it went down
about twenty thirty percent. Now it's back up to where
it was. So we've seen a lot of growth.
Speaker 1 (15:31):
And you think it'll stay that way.
Speaker 4 (15:33):
I'd imagine.
Speaker 5 (15:34):
We've been telling our clients expect a lot of volatility.
So the best advice I can get for people is
if they're going to need their money in the short term,
probably look to be more protected with it. You know,
look to make sure that if the market does go
down that they're prepared for it. If they don't need
that money for you know, ten plus years, they can
worry about.
Speaker 4 (15:50):
They can put in the market, they.
Speaker 5 (15:51):
Can deal with the ups and downs, and you know
they're going to be able to have the optimism moving forward.
Speaker 1 (15:56):
When you say need money in the short term, are
you looking at now to let's say, five years from now.
Is that considered short term?
Speaker 5 (16:03):
Yeah, I mean so I would say, you know, it
just kind of depends on what your exact need. If
you're like, I need this for sure, then I'd say, yeah,
yer to five years.
Speaker 4 (16:11):
We want to make sure that's more protected.
Speaker 5 (16:13):
Now you could be a little more aggressive and say, well,
I just want three years because I'm confident the market's
don't do well, and even if it doesn't, I can
maybe go without what I was going to purchase or
or whatever it is. But we typically tell people five
to ten years just to be ultra conservative. But typically
you know, when the market's down, it's going to always
typically come back within three years.
Speaker 4 (16:32):
Three to five years is what people will say.
Speaker 2 (16:34):
I always joke with people because there's no Brinks truck
behind a hers. I love that, and I wish that
more people wouldn't worry about save and save and saving.
You got to live your life, enjoy. When Mindy finally
bought a nice car, I was so proud of her
because she's always so frugal and I respect that.
Speaker 3 (16:53):
But I'm the complete opposite of that. So we know.
Speaker 2 (16:56):
But I live for today and maybe because everybody I
love die so but for people that are miserable, and
I've got a really close friend. It has a million
dollars with the cars in the garage, has all the
money in the bank, his house is paid for, and
all he does is worry about money, money, money, money, money.
Speaker 1 (17:11):
So there's a happy medium too, there has to be,
so you can't waste by corvettes.
Speaker 5 (17:16):
I guess it's a lot of fun for us because
we get to work with people. So we primarily work
with We call them the Midwestern millionaire, you know, one
to ten million. Say they've done great work, They've done
everything they're supposed to know.
Speaker 4 (17:26):
Obviously they got their.
Speaker 3 (17:28):
Live your life mindy, they do live my life.
Speaker 4 (17:31):
So we get busted.
Speaker 3 (17:32):
You complained about a ball I just bought for the doll.
Speaker 1 (17:34):
Because, oh my gosh, this is shaped like a tennis ball.
It lights up, and he spent thirty dollars. So what
So you've got to be thrifty and smart. You don't
want to be taken by things either, right, Joe.
Speaker 5 (17:44):
So to gets you to the Midwestern millionaire, you got
to be a Mendy, thank you. If you are not
a Mendy, you can't become a Midwestern millionaire.
Speaker 3 (17:51):
Yeah, well then I'm not going to be I'll be
a thousand era.
Speaker 5 (17:55):
Here's now the people like Mindy's challenge now is to
boots this point. They've got to do something with it.
Speaker 3 (17:59):
Yes, you know where I would? You go to Hawaii?
Speaker 6 (18:03):
I would do?
Speaker 1 (18:04):
You know where Randy and I spend most of our money. Honestly, croudy,
you watch our kids play ball. Hotels costs everything.
Speaker 4 (18:11):
Get all your value.
Speaker 2 (18:12):
You shot for a hotel room, you would say, if
it was twenty dollars cheaper to go down the street,
you go twenty dollars cheaper. I'll pay fifty dollars more
to have a better have less bed bugs.
Speaker 1 (18:22):
No, listen, you have to be thrifty. But there's nothing
in life that I look at and I think I
wish I would have bought that. I wish. I am
a very happy person. You're living.
Speaker 4 (18:32):
You are my life.
Speaker 3 (18:34):
I respect you because I can't be that way, because.
Speaker 1 (18:36):
You know what, there are people who live above their means, yes,
and below their means. I think Brandon and I are
just right in the middle. We're happy with what we have.
Speaker 5 (18:43):
That's what they say about money, right. If you have
a raft, then you'll be comfortable. But if you have
too much then it doesn't lead to more happiness.
Speaker 3 (18:48):
See all right, trivia, Rivia's coming up.
Speaker 1 (18:52):
I think we have our. We got to call our.
We have a rematch between Jenny, Jennifer and Pete.
Speaker 2 (18:57):
Now what we're gonna do is we got a champion.
I couldn't getrough last week. We'll get you next week.
So we'll figure it out. But for now, just be
patient with us.
Speaker 1 (19:02):
If we can't get a hold of them. Whoever calls
up first gets to be on the road.
Speaker 2 (19:05):
You're opening cannon works for four. All right, call the number.
We're going to give you some goodies on raw Midian
Moots on News Radio six, then WTVN
Our number two if you still would like to call
in and wish Boots a happy birthday. We had to
turn some people away because we had the interview with
Brian Steele, who is such a good guy and man.
If anyone's fighting for law enforcement officers, that guy.
Speaker 2 (00:15):
He don't hold back. I mean, you know, you know
how Trump slams the media.
Speaker 3 (00:20):
It's what we need.
Speaker 2 (00:21):
We need real truth, we need no excuses, period.
Speaker 3 (00:28):
It is what it is.
Speaker 2 (00:29):
You pull a gun on a police officer, I hope
they shoot and kill you. I'm sorry, I'll say it
if you're that dumb. I have never remember remember that
story when I got pulled over in the hilltop with
my bends with the tag on it, and I had
four guns pointed at me.
Speaker 3 (00:45):
I didn't move around. I put all the windows down.
Speaker 2 (00:47):
I told everybody in a car to put their hands
up on the dash and the steering wheel. And the
officer walked up and I complied, and I didn't die.
Speaker 3 (00:53):
If you comply, you won't die. Period. Quits sane.
Speaker 1 (00:57):
Who does all the things the right way? Is Joe
Schmidt's of peak retirement planning. Hi Joe, great to be back.
Speaker 3 (01:05):
Have you ever pulled a gun on a police office.
Speaker 4 (01:07):
Oh my gosh, I never even thought he thought about
my man.
Speaker 2 (01:10):
Just the other day, I go shoot up some cops. No, ever, never,
you're a good dude. We need more Americans like you
and best of your generation. You're a lot younger than
Indy and I because I'm old tomorrow, so we need
you to be a I wish people look up to
you like they Cammy. We need these role models, and
you guys are role models in my eyes.
Speaker 1 (01:28):
What do you say to that, Joe, that's awesome. It's
his birthday and he's the one fishing out the compliment.
Speaker 3 (01:33):
No, I like that.
Speaker 2 (01:33):
I like to see young successful people's fortieth birthday or forty.
Speaker 1 (01:38):
I told. I texted Joe before the show and I said, Hey,
it's Boots his birthday tomorrow. We're celebrating today, so bring
in depends, But.
Speaker 4 (01:48):
He did, I've got a good joke on depends. I
can tell you go ahead.
Speaker 5 (01:51):
So I was doing a workshop here on social security
just in the community, and uh, someone asked, when's the
best time to take social security?
Speaker 4 (01:59):
And of course I told him depends.
Speaker 5 (02:00):
Because there's all these different factors, and you know, I
always tell people, you know, tell me when you're gonna die,
and I'll tell you when the best time to take
it is, because you know, that's what that's what it's
all about. And a guy came up to me afterwards.
He said, Joe, I love the workshop. You know, we're
scheduled to come in and see you guys, But don't
use the word depends. You're talking to a bunch of
old folks here.
Speaker 1 (02:18):
That's true, though, you.
Speaker 2 (02:19):
Should say it depends kind of like your undergarments and
then move on with a question and watch them laugh.
Speaker 1 (02:24):
So I look at Joe he walks into the studio,
and if you want to see Joe, we are live
on Dan Boot's Londinette Facebook page, which of course we'll
share later as well. But Joe's got a little bit
of a different look and I absolutely love it. You're
letting your hair grow out a little bit.
Speaker 5 (02:42):
I know, I've got a really good fashion designer and fashionista.
Speaker 4 (02:46):
That's in my corner that's given me some great advice.
Speaker 1 (02:49):
She's so smart, you know.
Speaker 5 (02:51):
She she makes me eat McDonald's and she gives me
tips on my hair.
Speaker 1 (02:55):
And wait, this is someone you've had to do his hair.
He's talking about me no, do you like so when
you go through a change. I can't talk about your hair, Boots,
because you don't have anything. But when you go through
a change in your hair because you had really short,
short hair and you're letting you crow out a little bit,
especially your bangs, does it feel different?
Speaker 5 (03:17):
I mean, I like it, but it's not something that
every day I wake up and I'm just like, man,
this is like I'm just so much working.
Speaker 1 (03:25):
But you know what, most guys don't care about their hair.
Otherwise you would have some boots and I.
Speaker 2 (03:30):
Look good bold, I look at the mirror and go, dang,
if I jump the fence, i'd do him.
Speaker 1 (03:35):
Oh my gosh, there's a phone call, Joe. I don't
know if it's a financial question for PEK retirement planning,
or it may be a birthday question for Boots, like
something about I don't know.
Speaker 6 (03:49):
Yeah, I just wanted to wish mister Boots a happy birthday.
And is for hair, I've got mine, Gray and Mandy
can vouch for it. Is it's there, it's there. If
it ain't there, don't worry about it.
Speaker 1 (04:03):
If it ain't there, we don't care.
Speaker 3 (04:05):
Hey.
Speaker 2 (04:05):
The only thing I use hair product on is my
beard and it gets cut off in August at the
Vans Outdoors show for the Owner flight.
Speaker 6 (04:12):
Tom, have you remembered there? You go, Oh yeah, well
I do miss Mindy sort of stuff.
Speaker 1 (04:23):
I'm sorry what Tom?
Speaker 6 (04:25):
I said? I agree? Miss Mindy most her and Mikia later.
Speaker 1 (04:31):
So oh yeah, but you put you're tuning in now,
so that's okay.
Speaker 6 (04:34):
Yeah, I'm moving in now.
Speaker 3 (04:36):
Well, So Tom, have we meant?
Speaker 4 (04:39):
Meant?
Speaker 6 (04:39):
Yeah? I'm always I'm at the honor flight reception and
all right, any of the other events. But we put
the time one welcome back. I'm usually the one with
the uh uh patriotic helmet on.
Speaker 3 (04:54):
There you go, I know exactly.
Speaker 1 (04:55):
You're falling in and wishing boots at Happy fifty seven.
We appreciate time, I said, meant, can you imagine he's
fifty seven? Does he love fifty seven? Joe? No?
Speaker 3 (05:04):
I told I had your hair.
Speaker 5 (05:07):
You know.
Speaker 3 (05:07):
Here's why I feel bad. I feel bad, Joe.
Speaker 2 (05:09):
She came up with this idea, and I guarantee you
got multiple texts about it.
Speaker 3 (05:12):
You want to do, You're gonna do? You can do?
She didn't know where do I sign up? In your playbooks?
Speaker 4 (05:18):
She only asked me six times.
Speaker 2 (05:19):
I can't say, but she she would be my coolest
friend back in high school. It had been so cool
because because I'd have said, what's the story on that girlhood?
Speaker 1 (05:32):
Because you know what I tell people kids classes that
are they aspiring journalists or whatever? I always say, you
know the people in your class that love to find
out the scoop on somebody and then love to tell
everybody else about it. Those are the people that will
make the best news reporters, because that's basically what you're doing.
Speaker 3 (05:52):
Joe, if you ever have a.
Speaker 2 (05:52):
Daughter, this is when he turned teenagers and a boy
start chasing him. You go, you're Kelly Underwood. I mean
Kelly Pickler or Carrie under Who do you want to be?
It's a good scenario. Now they'll be dead and gone
by the time that it comes to saying. I told
both daughters, if you want to be Kelly Pickler or
Kerrie Underwood, and they're like wow, they hit home because
we all want to marry Carry Underwood, but we want
dake Kelly Pickler.
Speaker 1 (06:13):
I will say this, but it's brought up a very
good point about you. He says, he gave you a
compliment about you being such a strong young professional no
matter what, and because you are so dedicated at your profession.
But I think that's kind of who you are as
you grow up as a person. You were that as
an athlete. Joe was the one who got up early
(06:34):
before school to take extra shots and that's why he
broke a thousand points both in high school and in college.
I think that's kind of just who you are as
a person. So now that you own your own business,
it's totally easy to see why it's thriving. And the
people that come to you as clients are very happy
with your work because you kill it for everybody you
(06:56):
work with and for.
Speaker 4 (06:57):
Yeah, it makes it enjoyable.
Speaker 5 (06:58):
I mean when you can you know, I think that
they think it's just having habits and doing things the
right way. And when people deal with their life savings,
they want someone they can like and trust and they
are like minded. And that's why we wrote the book
called Midwestern Millionaires, because we serve people with the same
values that we have, that value the same hard work. Right,
Why do we connect so well as because things We
see things very similarly, and so I think that's a
(07:18):
lot of it. You know, I think a lot of
times when you can't connect with someone, they may not
see the good of what you're doing or the positives
of that work. So it's all about helping those you
can help them.
Speaker 3 (07:26):
I had old salesmen, I had young salesmen.
Speaker 2 (07:28):
Let me tell you something. The young salesman. It did
you the way you think and act. They were the
best guys I had. And i'd have family members coming.
Why heep him with the young guy because he's better
than the old guy ever smoking and joking. I don't
want anything with the old guy. And some old guys
are good, don't get me wrong. But but having a
young guy that cares you, you can't make that up.
You can't you get that from your parents. It's in
(07:50):
your DNA. We met your parents, and met your parents.
Why don't keep saying yeah? And it's so that that
has a lot to do with it? And I can't
speaking the classes and stuff. I'd love to invite the parents.
You know, when we do car studies, the teachers pay
attention to kids don't. And I can tell the kids
(08:11):
that have good parents because those are the ones paying attention.
Speaker 3 (08:13):
Why is that man him? Why can't we fix that?
I think it fixed the world.
Speaker 1 (08:17):
You know, it's funny that you mentioned that, because.
Speaker 4 (08:20):
It's a real deal.
Speaker 3 (08:21):
It is.
Speaker 1 (08:22):
Well, a lot of what kids learn in school, does
it set in? Does it not set in? But a
lot of it, too is what are they actually learning
in school? I'm going that direction because Cammi Joe is
out in Oklahoma City. She's able to Joe Joe and
Kimmy job Joe. Of course Joe Schmitz would say that.
So she's out in Oklahoma City and I said, while
(08:44):
you're there, she's coaching a fourteen U team and she
gets to go to the College World Series. She's killing
her because she would have given anything to be playing
in it. But the coach was anyway, I'm like, while
you're there, there's got to be some type of a
tribute to the Oklahoma City bombing. She had no idea
what I was talking about, Like, what are they not
learning in school? That was a major things?
Speaker 3 (09:07):
Do you think they would teach that? Because made me.
Speaker 1 (09:09):
A tutorial and she was so touched by it. But
I can't believe it took her mom to tell her
about the Oklahoma City bombing all these years later.
Speaker 3 (09:18):
That was what ninety three, I don't even know what.
It's been thirty.
Speaker 2 (09:22):
Years, But why wouldn't you know, what, why wouldn't they
teach that, especially in the woke world we're in, because
the argument that left always says, well, Timothy McVay, Timothy,
when you try to say that the terrorist or this
type of person, well, Timothy vay.
Speaker 3 (09:36):
Okay, we had one idiot like that.
Speaker 2 (09:38):
But I mean, you think the teachers would want to
promote that to make it, you know, more woke.
Speaker 3 (09:43):
I don't know.
Speaker 1 (09:43):
All right, we're talking with Joe Schmid's from Pete Retirement Planning.
If you have a question for Joe, or if you
want to call and wish Boots another happy birthday, you can,
But seriously, how are your finances? How is it looking
right now? You know, we've got to get this tax
break in there, and I think that's part of the
big beautiful bill. So if you have a question about
finances the stock market, it's been so up and down
(10:04):
roller coaster the beginning of this year. Things look a
little better hopefully now back after where we were, Thank goodness.
All right, don't think Randy doesn't check that every single day.
We'll be right back Boots when we come back though
more with.
Speaker 2 (10:14):
Joe Schmidz brought many boots and always brought you by
the Undefeated American made Tattletale three tornadoes still called the
police on six ten to be TV.
Speaker 1 (10:23):
Alrighty, it's a Sunday. It's the first Sunday in June.
It doesn't feel like it's June because yesterday it was
so cool. Lately, we were talking about Cammi being out
in Oklahoma City and how I was so surprised that
she never learned about the Oklahoma City bombing in school.
But then she did send me this because I'm like,
please look for some type of memorial, so I want
(10:43):
you to hear this, and she kind of describes what
she's seeing, and even though she didn't learn about it
in school, she was very touched by it after she
read so much about it. So let me play it here,
not tutorial, okay. So this one says nine oh one,
and that's the minute before the bomb up went off
and went off at nine oh two, and then that
one says nine oh three, and it's like the gates
(11:05):
in between. This represents the piece before, and then the
nine oh three represents the healing that came after when
it started, healing started. All the chairs represent all them
two chairs really all the lives that were lost. There's
nine rows because the building was nine floors. This chair
is this tree was there. Oh yeah, the tree was
(11:26):
here when when the ball went off in the day.
It represents hope.
Speaker 4 (11:30):
In the chairs.
Speaker 1 (11:31):
The little chairs are for the kids because there was
a daycare that was in the building, So the little
chairs of all the kids that passed away.
Speaker 4 (11:37):
And then there's big chairs.
Speaker 1 (11:40):
Yeah, so sad. So I'm glad that they were able
to see that because I think that's one of those
situations that you have to keep learning about things like that.
We can never forget.
Speaker 5 (11:52):
I think too, I can school, I mean ninety like
what is like I've always questioned, like why is school
teach us all this stuff but doesn't teach us important
stuff like finances for example, Like I mean, we're taught math,
but we're not really taught how to manage finances. Like
some high schools have courses, but that's about it. They
don't have like leadership development, they don't have like management,
(12:13):
they don't have how to do entrepreneurship or business or
it's a great point like even like I mean they
have home at classes like that's great. But for my
high school he wasn't mandatory. It was like optional, Like.
Speaker 3 (12:24):
It should be a life class, said this before.
Speaker 4 (12:26):
But it shouldn't even be one checking account.
Speaker 3 (12:28):
It should be all day life class retirement.
Speaker 1 (12:30):
Because I agree with you.
Speaker 2 (12:32):
We're both fifty seven and if I blinked my eye
and I'm fifty seven years old, my life is flying
by and it's really weird, and we needed to you
your spot on.
Speaker 3 (12:43):
They need to have a two hour a day life course.
Speaker 1 (12:45):
Yes, how to Trump administration to give you money to
trade schools because you need that too. May you hear that?
Speaker 3 (12:51):
Yeah?
Speaker 2 (12:52):
You know what what they're saying now, the average household
income means like two and fifty grand a year to.
Speaker 3 (12:56):
Live above middle class.
Speaker 4 (12:58):
Yeah, I mean, you see that that's true.
Speaker 5 (13:00):
I mean, I don't know that the stat's true, but
I do know that. I mean, with inflation and everything,
it's just really hard to afford things nowadays, obviously, and
you know, people are responsible for their own retirements. You know,
only twenty percent of people have pensions nowadays, so there's
a lot of responsibilities. And obviously the cost of raising
children can be two hundred and fifty thousand from zero.
Speaker 2 (13:19):
You think we could reset it because the fifties was
houses were affordable, cars were affordable, education was affordable.
Speaker 3 (13:27):
Nothing's affordable anymore.
Speaker 1 (13:29):
I mean backward, I'm sure.
Speaker 3 (13:30):
I mean it has to get reset.
Speaker 4 (13:32):
It's gonna be hard.
Speaker 5 (13:32):
But like the other thing, the thing that you keep
in mind is like you think of Social Security, you
think of medicare, right, those are government provided for people
in retirement. Well they they're underfunded right now. So like
you know, back in the day, like people didn't live
as long, so like the whole you know, future thing
really didn't matter as much because they had a huge
social security. Like I said, they probably had a pension
(13:53):
and they probably only had a ten year retirement because
house was paid for. Yeah, house is probably paid for.
But like nowadays, people living until they want to retire earlier.
So security is less. People get what less than social
security nowadays?
Speaker 3 (14:05):
Less paying into it.
Speaker 2 (14:06):
The baby boomers or five a family versus two a family, now, yeah.
Speaker 4 (14:10):
There's less.
Speaker 5 (14:10):
There's less people working right paying into it. So you know,
when you have all those issues, it's gonna be harder.
Speaker 4 (14:16):
And so it's just it's gonna be difficult.
Speaker 5 (14:18):
And I think people really have to understand of like,
you know, what do they want their lifestyles to look
like now and in the future. I mean, because I can,
I can predict a lot of people are probably gonna
have to continue working for a longer period of time, uh,
or they're just gonna have to live on much less.
Speaker 1 (14:31):
So we mentioned a big, beautiful bill before we went
to break if that doesn't pass, because there's a big
part in there that has to deal with tax breaks, yes,
what happens if that doesn't pass?
Speaker 4 (14:41):
Yeah, I mean I think it's going to pass. Is
kind of what we're predicting.
Speaker 5 (14:44):
It's got a lot of good benefits, so it makes
the tax cuts permanent. So it's that's a huge thing
to keep in mind because it's going to take a
lot more work to get that basically changed in the
future if another administration comes in. So everyone's pretty optimistic.
I mean, it's going to continue to lower time if
it does sunset. Most people have to pay about twenty
percent more in taxes and so this is something that
(15:05):
can help them pay less. And there's also some other
great benefits in it too that but we don't know
like at this point, like what's going to actually get passed,
but it sounds like some of the main things that
they've been talking about is definitely going to get through there.
Speaker 1 (15:18):
How is the stock market right now? Because it was
so it hit yeah badly.
Speaker 4 (15:23):
It went down about.
Speaker 1 (15:24):
Because of the tariffs. People didn't know what to expect.
Speaker 5 (15:26):
Yeah, and it's still uncertain. I mean, it went down
about twenty thirty percent. Now it's back up to where
it was. So we've seen a lot of growth.
Speaker 1 (15:31):
And you think it'll stay that way.
Speaker 4 (15:33):
I'd imagine.
Speaker 5 (15:34):
We've been telling our clients expect a lot of volatility.
So the best advice I can get for people is
if they're going to need their money in the short term,
probably look to be more protected with it. You know,
look to make sure that if the market does go
down that they're prepared for it. If they don't need
that money for you know, ten plus years, they can
worry about.
Speaker 4 (15:50):
They can put in the market, they.
Speaker 5 (15:51):
Can deal with the ups and downs, and you know
they're going to be able to have the optimism moving forward.
Speaker 1 (15:56):
When you say need money in the short term, are
you looking at now to let's say, five years from now.
Is that considered short term?
Speaker 5 (16:03):
Yeah, I mean so I would say, you know, it
just kind of depends on what your exact need. If
you're like, I need this for sure, then I'd say, yeah,
yer to five years.
Speaker 4 (16:11):
We want to make sure that's more protected.
Speaker 5 (16:13):
Now you could be a little more aggressive and say, well,
I just want three years because I'm confident the market's
don't do well, and even if it doesn't, I can
maybe go without what I was going to purchase or
or whatever it is. But we typically tell people five
to ten years just to be ultra conservative. But typically
you know, when the market's down, it's going to always
typically come back within three years.
Speaker 4 (16:32):
Three to five years is what people will say.
Speaker 2 (16:34):
I always joke with people because there's no Brinks truck
behind a hers. I love that, and I wish that
more people wouldn't worry about save and save and saving.
You got to live your life, enjoy. When Mindy finally
bought a nice car, I was so proud of her
because she's always so frugal and I respect that.
Speaker 3 (16:53):
But I'm the complete opposite of that. So we know.
Speaker 2 (16:56):
But I live for today and maybe because everybody I
love die so but for people that are miserable, and
I've got a really close friend. It has a million
dollars with the cars in the garage, has all the
money in the bank, his house is paid for, and
all he does is worry about money, money, money, money, money.
Speaker 1 (17:11):
So there's a happy medium too, there has to be,
so you can't waste by corvettes.
Speaker 5 (17:16):
I guess it's a lot of fun for us because
we get to work with people. So we primarily work
with We call them the Midwestern millionaire, you know, one
to ten million. Say they've done great work, They've done
everything they're supposed to know.
Speaker 4 (17:26):
Obviously they got their.
Speaker 3 (17:28):
Live your life mindy, they do live my life.
Speaker 4 (17:31):
So we get busted.
Speaker 3 (17:32):
You complained about a ball I just bought for the doll.
Speaker 1 (17:34):
Because, oh my gosh, this is shaped like a tennis ball.
It lights up, and he spent thirty dollars. So what
So you've got to be thrifty and smart. You don't
want to be taken by things either, right, Joe.
Speaker 5 (17:44):
So to gets you to the Midwestern millionaire, you got
to be a Mendy, thank you. If you are not
a Mendy, you can't become a Midwestern millionaire.
Speaker 3 (17:51):
Yeah, well then I'm not going to be I'll be
a thousand era.
Speaker 5 (17:55):
Here's now the people like Mindy's challenge now is to
boots this point. They've got to do something with it.
Speaker 3 (17:59):
Yes, you know where I would? You go to Hawaii?
Speaker 6 (18:03):
I would do?
Speaker 1 (18:04):
You know where Randy and I spend most of our money. Honestly, croudy,
you watch our kids play ball. Hotels costs everything.
Speaker 4 (18:11):
Get all your value.
Speaker 2 (18:12):
You shot for a hotel room, you would say, if
it was twenty dollars cheaper to go down the street,
you go twenty dollars cheaper. I'll pay fifty dollars more
to have a better have less bed bugs.
Speaker 1 (18:22):
No, listen, you have to be thrifty. But there's nothing
in life that I look at and I think I
wish I would have bought that. I wish. I am
a very happy person. You're living.
Speaker 4 (18:32):
You are my life.
Speaker 3 (18:34):
I respect you because I can't be that way, because.
Speaker 1 (18:36):
You know what, there are people who live above their means, yes,
and below their means. I think Brandon and I are
just right in the middle. We're happy with what we have.
Speaker 5 (18:43):
That's what they say about money, right. If you have
a raft, then you'll be comfortable. But if you have
too much then it doesn't lead to more happiness.
Speaker 3 (18:48):
See all right, trivia, Rivia's coming up.
Speaker 1 (18:52):
I think we have our. We got to call our.
We have a rematch between Jenny, Jennifer and Pete.
Speaker 2 (18:57):
Now what we're gonna do is we got a champion.
I couldn't getrough last week. We'll get you next week.
So we'll figure it out. But for now, just be
patient with us.
Speaker 1 (19:02):
If we can't get a hold of them. Whoever calls
up first gets to be on the road.
Speaker 2 (19:05):
You're opening cannon works for four. All right, call the number.
We're going to give you some goodies on raw Midian
Moots on News Radio six, then WTVN
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