Road to Retirement 05-03-2025

Episode Transcript

Speaker 1 (00:00):
Mutual funds used to be a beautiful concept any investor
could invest and gain access to professional portfolio management. Times
have changed, Maybe your investment habits should too. Whether you're retired,
approaching retirement, or haven't even thought about it, now is
the time to get protection from market volatility and excessive

(00:20):
fee structure called Trip Limehouse with Limehouse Financial at eight
hundred nine four zero six nine seven nine, or text
Trip that's tripp to eight hundred nine four zero six
nine seven nine. Again, you can call or text Trip
at eight hundred nine four zero six y nine seven nine.

Speaker 2 (00:43):
Information provided is for illustrated purposes only and does not
constitute investment, tax or legal advice. Information has been obtained
from sources that are deemed to be reliable, but their
accuracy and completeness cannot be guaranteed. Neither Trip Limehouse nor
his guests are liable for the usage of information discussed.
Always consultable the qualified investment, legal or tax professional before
taking any action.

Speaker 3 (01:02):
Is your financial plan built to whether today's economic storm
or is it stuck in sunnier times? On today's show,
we unpacked practical steps to help you stay calm, focused
and in control even when the markets feel anything, But
do you.

Speaker 2 (01:22):
Want to avoid taking a wrong turn on your retirement road.

Speaker 3 (01:26):
The road to retirement is a long one and if
you just don't want to make wrong.

Speaker 2 (01:31):
Well, buckle up. We're getting ready to take a retirement
road trip together. It's the road to retirement with Trip Limehouse.

Speaker 3 (01:39):
It's the perfect amound to map it out. That road
to retirement is key, is key.

Speaker 2 (01:45):
Get on the road to financial security and independence. Just
like many of Trip's happy clients and retirement partners.

Speaker 3 (01:51):
My money is safe using the green line principle that
you taught me about.

Speaker 4 (01:56):
Thank you so much.

Speaker 2 (01:58):
Let's get this trip started.

Speaker 3 (02:00):
Takes the roads.

Speaker 2 (02:01):
We're retiring this with Trip Limehouse.

Speaker 5 (02:05):
Welcome and everybody. This is the road to retirement with
Trip B Limehouse. My name is Steve sod All, Trip
of courseman helping talks for better than twenty years. The
green line principle is something we'll talk about today and
that could be very beneficial to you in the meantime. Well,
hate trip, how's it going?

Speaker 3 (02:20):
Get more in Steve, and good morning to all of
our listeners out there Radio Land doing really good, doing
really good and joining this spring weather, walking the dogs
and hanging out with Amy. Hey, honey, I love you
so much, and we're doing some fun things and you know,
just thankful to be here doing what we do. You know,

(02:41):
I really look at it, Steve, as an opportunity to
get to know people over the air. It really is.
You know, people come in all the time to see
us after hearing us maybe one time, maybe thirty times,
and they're like, I really enjoyed your show, and they
kind of they say, I feel a connection to you,
and they know kind of what we stand for. How
we think about planning for retirement, because at the core,

(03:02):
but that's what we do, Steve, you know, we're getting
people tune through retirement. So we're having fun helping people. Anyway,
this is a lot of headlines out there now, aren't there.

Speaker 5 (03:12):
And there's nothing really uh, I mean, you know, talking
about recession, inflation. The market's going crazy like a roller coaster,
of course, and so let's let's figure this out, trip.
Let's let's you know, let's start with the mindset. How
do we how do we deal with the situation like
this and in these uncertain times?

Speaker 3 (03:29):
What shall we look for? Well, you know, I believe
at the core of it, everyone out there needs to
kind of just take a step back and ask themselves,
you know, like what where am I right now? Where
am I going? So a lot of you that are
listening are headed towards the exit on the road to
retirement journey. So that's a really exciting, uh spot to

(03:52):
be in. Yet it's it's quite intimidating because you're going
to a place you've never been before and you're one now,
maybe am I going to be able to get there
and stay there? And that's a great question. And then
there's those of you out there that are currently have exited,
so to speak, on the road to retirement and you're

(04:12):
enjoying retirement or maybe not so much now with markets
changing and things like that. You know, I share with
folks all the time, Steve, there's things out there that
we just can't control, and you know, legislative changes recently, tariffs,
market volatility, inflation, potential recession. I mean, the list goes

(04:34):
on and on and on. So I think that people's
mindset it does just change very quickly. Really. In particular,
I see it change like ultra fast when the market
is not doing well or when it's kind of up
and down and up and down. I find it really
interesting that the market lately it just hasn't been performing

(04:57):
as it has in the past. As an example, typically
when stocks are not doing good, bonds will do good.
But that just hasn't been the case lately. Folks. That's
just another example of yet the environment that we're in
which is ever changing. And that's exactly why you should
have the mindset of meeting with us as experts in

(05:18):
this area and allowing us to kind of help you
navigate what's going on and build you that four letter
word the P L A N to get you to
and through retirement. So I don't know, I think when
markets get rocky, think about this, Steve. We see it
all the time. People's emotions change, right, I mean they'd

(05:39):
like take over.

Speaker 5 (05:40):
Well, and the thing, if we let that happen oftentimes,
then we will do the exact opposite of what we
should do, and that is the market goes down, we
panic and sell, not what we should be doing.

Speaker 3 (05:51):
That would be being an emotional investor, right, not a
good thing, folks. Visit us on the web Limehouse Financial
dot Com eight hundred nine four zero six nine seven nine.
Speaking of mindset, I'm thinking of folks, retirement success rate.
I'm quite certain that if people out there understood their

(06:13):
retirement success rate, even when things aren't so rosy and
so nice and going smooth, that they would still feel
confident about where they're going and what it's going to
look like. Folks, I would encourage you to visit retirement
successrate dot com to learn more about just how important
that number is and how we can help you determine

(06:35):
your retirement success rate. So, you know, speaking of the
market being rocky and being like a roller coaster, you know, history,
let's talk about some history here, and I know things
I just mentioned a minute. Good things have been doing
what they have always done. But just from a historic perspective,
it's fun to kind of look back at it.

Speaker 5 (06:52):
Oh yeah, right, because we could learn from that.

Speaker 3 (06:54):
Yeah, I do believe so well. History reminds us that
market turbulence is not thing new. I mean, let's roll
back to two thousand and eight, the financial crisis. Let's
take a look at the S and P five hundred.
Not a pleasant conversation, but it dropped over thirty eight percent.
But it did recover within a few years for most people,

(07:15):
and those people that stayed the course kind of came
right back to where they are and then started moving
forward again. So the key question here is how can
you guys out there adopt a mindset of long term
resilience rather than short term reaction. And I think the answer,
the point is the answer part part of the answer,

(07:36):
not the only answer, but part of the answer is
by working with an expert like myself or like my
investment advisor, Jonathan O'Reilly to just be with you when
things aren't doing very well. So you know, the market
has been changing recently, folks, if you don't already have
a safe money strategy in place, and by the way,

(07:58):
bonds and fixed in securities aren't necessarily the safe haven anymore. Okay,
So if you don't have a safe money strategy in place,
now is the time for you to preserve and protect
what you've worked so hard for. I can't ever think
of a better time to look at this now and
incorporate it as a part of your overall plan. Visit

(08:19):
Greenlineprinciple dot com Greenlineprinciple dot com to learn more. I'm
proud of this. I trademarked it with the USPTO. This
is something that will enable you to have upside potential,
preserve your money. You cannot lose any of your money,
and it really works well enabling you to be in
control and independent during retirement, two very important things. So

(08:42):
visit green Line Principle dot com to learn more about
how you can protect your money and preserve your money.
You've worked so hard for it, so that will also
help you to have that mindset of being resilient when
things are bad. So how about how about this question
investors adjusting their portfolio? That's a that's a good one,
you know, should they be doing that right now?

Speaker 5 (09:04):
I would think we have to take a look at
it and make make the assessment.

Speaker 3 (09:07):
Have you ever heard of that? You know that uh
that catchphrase set it and forget it. Oh sure, yeah,
it works for some things, you know, maybe like cruise
control when you're rolling down the highway. Of course, now
now we've got cars that that will adjust your cruise
control as you're cruising down the road, like in Amy's

(09:30):
subrew I love driving that that wagon, man, That things
got turbo in it. You ever ever had a car
with a turbo?

Speaker 5 (09:35):
Steve sure? I like the little sport app Yeah.

Speaker 3 (09:38):
That turbo like throw you back in the seat. It's
like a it's her wagon is is awesome, and she's like,
stop driving it like a race car. I'm like, I
think it's meant to be driven, but anyway, but her,
but her, it's pretty cool because her cruise control. Uh,
if you set it to you know, seventy eight and
you're and you're getting approaching a vehicle in front of you,
it'll adjust it down and adjusted. I turned, you know, Yeah,

(10:00):
it's annoying for you. I kind of found it. I
don't know, just mindless, you know, kind of you could
set it and forget it. You don't really have to
think about it because the car would do supposedly what
it's supposed to do. I also like testing it and
make sure it works, you know, But that mindset with
a person's portfolio, you know what, it doesn't work. Our
market is dynamic, to say the least, wouldn't you agree?

(10:25):
Its just like things are just happening and things are
different than they've ever been before. I don't know. I
think people used to view diversification as something like this, Well,
I have stocks and I have bonds, but it's not
necessarily so much data anymore. I feel like it's it's
important for people to be intentional with things like sectors

(10:48):
such as healthcare, you know, energy, technology, et cetera. And
then also be intentional with asset classes, and definitely to
be intentional with risk tolerance. I think with the way
interest rates are now, you know, still fairly elevated, definitely
there's gonna be certain bonds and dividend paying stocks that

(11:10):
are going to offer a real opportunity. And that's why
we professionally manage money here at Limehouse Financial. We do
believe that having money at risk is important, and we
professionally manage money, something that my investment advisor, Jonathan Riley,
really really loves doing and helping people with. And also
that comes down to, you know, what is a person's

(11:32):
objective and what is their risk tolerance. I find it interesting, Steve,
that a lot of people out there don't really understand
what's in their portfolio and as to their detriment, they
might think that they're diversified, but are they really Folks,
I'm asking you this right now. Do you know what
you own? Do you know what the returns are? Do
you know what it's costing you? Do you know if

(11:54):
your portfolio is the right one for you. Is it
doing what it should do? And should you be making
changes to it? Well, come in and see us and
we'll help you navigate all of that. That's such a
key thing for you. Okay, We offer the Portfolio Observation Report,
no cost, no obligation, and it does just that. Eight

(12:15):
hundred and nine four zero six nine seven nine limehousefinancial
dot Com ask us, ask us about the Portfolio Observation Report.
All right, folks, hang on, we're gonna come back and
we're going to continue on unpacking practical step to help
you stay calm in an ever changing environment. But hold
on right now. This offer is for the next ten
callers in the next ten minutes. There should be a

(12:37):
sense of urgency, folks. Things are changing rapidly and you
really need to make sure you're positioned to go into
this next stage of life and do the best you
can do. This offer will help you do that. The
next ten callers in the next ten minutes are going
to get a written plan, customize an individualized just for them,
built by our teamo certified financial professionals, at no cost
or no obligation to you. But you must be one

(12:58):
of the next ten callers eight hundred nine four zero
six nine seventy nine, and you will get a written
plan for retirement. You can't just call in and request
this to be emailed or mailed to you. You have
to come in and go through our process to receive this.
Next ten callers in the next ten minutes.

Speaker 5 (13:14):
That sounds great, Trip folks, do take advantage of the
opportunity to come out and sit down and get that
financial roadmap put together. As Trip says, no cost, no
obligation to help you get a better handle on your
current financial situation. Call us right away. Eight hundred ninety
four zero six nine seven nine eight hundred nine four
zero sixty nine seventy nine. Quick break for us. We're
coming right back. We've got a whole lot more here

(13:34):
on the road to retirement with Trip Limehouse right after.

Speaker 3 (13:37):
This building plans to weather economic storms. Yes, that's what
we're doing. We want to help you stay calm. We've
been unpacking practical steps to do just that, and we're
coming up next with more of those so you can
be in control even when the markets are out of control.

Speaker 4 (14:00):
Like you are, fighting for financial knowledge, don't let bad
advice be a punch in the gutche you're a retirement,
take advantage of a complimentary, no cost, no obligation consultation
with a local, trusted financial coach. Call Trip Limehouse at
eight hundred and nine four zero six nine seven nine
or text trip to ri ipp to eight hundred and

(14:20):
nine four zero six nine seven nine. That's eight hundred
and nine four zero six nine seven nine or text
trip to eight hundred and ninety four zero six nine
seven nine.

Speaker 5 (14:33):
We are back on the road to retirement with Trip Limehouse.
My name is Steve soid Ol. Tripp has been helping
folks for better than twenty years. I like how we're
headed out today. It's a nice drive, smooth sale in
on that road to retirement. It's the next phase of
life and it's exciting and that's what you can help
make that. I mean, we want a retirement to be exciting, right, Trip,
I mean it's it should be exciting. Wow, I worked

(14:54):
the right with with the right plan. I mean, it's
that's the key. You can be successful. It can be exciting.

Speaker 3 (15:02):
Absolutely, it can be fantabulous. Like you know, I like
to make words up. On the show, we talked about that.
I'll be reprimanded by by my mom or my wife
for making up another word. But anyway, folks, that is true.
I mean, there's no reason for you to move towards
retirement or be in retirement and not be enjoying it,

(15:27):
in particular due to factors that you cannot control, such
as inflation, taxation, legislation, tariffs, recession, market volatility. The list
goes on and on and on and and I really
enjoy helping you out there enjoy retirement. It's so fantastic

(15:52):
because I see the results of our work Steve and
you and I talked about this on and off the show.
I see there results of our work with existing clients
who are going through the same things that everyone else
out there is going through. But there's something different about
our clients, and it's their comfort level with the plan

(16:14):
that we have put in force for them to weather
the storm. That's the difference. So people out there that
choose to come in, that choose to see us, that
choose to implement a plan with us, that they do
better when things are doing worse. You know, it just
makes sense. So folks, I want to encourage you to
call in eight hundred nine four zero six nine seventy

(16:38):
nine eight one hundred nine four zero six' nine seven,
nine or visit us on the web at limehousefinancial dot.
Com learn more about, Us come on in and see.
Us let's help you with. This so the first segment was.
Great we talked, about you, know people's, mindset how people
need to think about their, money and you, know we

(16:59):
talked about a solution for. THAT i, mean when things
aren't going, good how can they maintain a healthy mindset
and not make rash. Decisions and then we got into
talking about people's. Portfolios and you, know that's a conversation
that could really just take up the duration of the entire.
Show we kind of condensed, it but we talked about of, course,
sure we talked about investors and and you, know should
they be adjusting their portfolio in this? Environment and we

(17:22):
talked about how making and emotional decisions regarding your money
is never good and and how how we can help
you avoid. That so let's get into some other. Stuff
let's talk about let's talk about. Taxes that three that's.

Speaker 5 (17:36):
Excited, Well i'll tell you what trip we just got
through tax. Season but the bad news or the downside,
is if you're in, retirement it's always tax. Day you've
always got to have, that you, know you got to
have that one eye looking out for taxes or it's
going to get.

Speaker 4 (17:49):
You.

Speaker 3 (17:49):
Well you, know this is a conversation that we've been
having recently with a lot of our. CLIENTS i, mean
typically we're dealing with dealing with seven figure portfolios here
At Limehouse, financial and we're helping people who have amassed
small fortunes do better doing, retirement and one of the
things that comes up often is, taxes because you, know

(18:11):
when you've got a seven figure portfolio and your partner
in your retirement account is forcing you to take a
distribution known as a requirementum, distribution you're going to have
to take a lot. OUT i, mean it wasn't too
long ago we met with a couple who's our, client
and you, know about two million between the two of,
them and they were both of the age where they

(18:32):
had to take money. Out that's about an eighty grand
withdrawal they're forced to take, out and they just didn't
want it and really didn't need, it but yet had.
To so you, know we're at the conference table talking
to these folks and we're, like, okay, well this is
what's going to have to come. Out and the first
thing that she says, is why isn't that going to

(18:53):
put us into a different tax? BRACKET i, said, well
way to think about that a good. Job, yes it
is going To and you KNOW i could, see you,
know he he was a little kind of, antsy and you,
know moving around as chair starter is kind of, swiveling and,
ANYWAY i, said here's the, thing, folks you, know isn't
it much better to have this problem of forced taxation

(19:16):
than to not have? IT i, mean you AND, I,
steve we were just talking a minute ago about enjoying. Retirement,
well if a person doesn't have any taxes in, RETIREMENT i,
mean you, Know i'm not saying that they don't enjoy,
retirement But i'm just, saying having taxes in retirement means
that you have money that you've saved for, retirement and,

(19:37):
uh you know you're. Enjoying that's the.

Speaker 5 (19:39):
PAYOFFS i, mean that's the trade off right.

Speaker 3 (19:41):
There, yeah it. Is but also on that same on
that same, TOPIC i always share with, folks you, know
we have to be keenly aware of this tax. Deferral
we really. Do it's very alluring to take advantage of
the catch up provision and put a a ton of
money away in something like a four to one. K you,

(20:03):
know they appropriately named the catch up provision because it
does catch up to you. Later and, FOLKS i just
want you to continue to realize. This every time you
put a dollar in a tax deferred retirement, account you
are agreeing to pay taxes on that. Dollar whatever it
may grow to you. Later you're agreeing to pay taxes
at an unknown rate at a much later. Time, Okay

(20:27):
and so you, KNOW i, mean if you're gonna be
on the dance floor dancing like, that then you just
need to, know, hey this is this is where it
may take, you you. Know and that's you, know it's
just an awareness. Thing so everyone needs a tax efficient retirement.
Plan steve a tax efficient retirement, plan AND i like

(20:48):
to share with you guys out there radio land how
you can get. That, well it's pretty. Simple just call
eight hundred nine four zero six nine seven nine and
ask for. It SO i think think we need to
be looking at strategies that are more efficient so that
the irs still, gets you, know what they have, to

(21:09):
but not any more than they have to. Taxes don't
take a break just because the market is, rough folks
that you know that in, fact downturns in the market
can offer some unique. OPPORTUNITIES i think along the lines
of tax, harvesting if you. Will that will be for
non qualified. Accounts so a lot of people out there
just have brokerage accounts and it's a great time to

(21:29):
be tax harvesting tax loss. Harvesting also wroth conversions at
lower valuations when the market isn't doing, well that can
to be a great. Strategy quite, frankly right now taxes
are on. Sale we're not quite sure what's going to
happen with. Them i'm of the opinion that they're going
to be increasing as time goes. By ask us about

(21:49):
the wroth conversion. Analysis that's something everybody. Needs we talk
about that THE, rca the not the old record player
or the record, company and that whether there's a Livers a,
label right rc of. Course. Yeah and then there there
was a machine that was r C. A i, think,
RIGHT i Think i'm going way back. Here maybe maybe you.

Speaker 5 (22:08):
Know the little dog in front of the you, know
the big the, phonograph, yeah the, phonograph, yeah, yeah it.

Speaker 3 (22:14):
Actually looks like a like a tube coming out of
yea a record, player, Right, yeah that's the phonograph those Our,
OKAY i.

Speaker 5 (22:23):
MEAN i USED i mean a million years ago in
the news, BUSINESS i used r C a T k
seven FIFTY i think was the name of.

Speaker 3 (22:30):
IT tk seven. Fifty now you're dating, yourself, Right, well
you have been doing this, forever that's for.

Speaker 5 (22:35):
Sure it's been way longer THAN i should.

Speaker 3 (22:38):
Broadcasting, well we're thankful for, You, Steven glad you're still doing.
It you're going to get all kinds of compliments on
you as. Well, Listen but the our r C, a
the One i'm talking. About our r C a stands
For roth conversion. Analysis oh, Okay roth conversion. Analysis, folks
if you're wondering if you should convert to a, wrath
ask us about the r C. A, well do the

(23:00):
numbers for you and we'll share with you if it's
the best thing for. You, remember At Limehouse, financial we
only function from a fiduciary capacity making recommendations in your best,
interest and if it's in your best interest to do
A roth, conversion then we're going to be addressing that with.
You eight hundred nine four zero six nine seven Nine
Limehouse Financial dot Com so the question would, be how

(23:22):
can you guys out there leverage today's environment to make
tax smart moves for? Tomorrow AND i think that just
comes down to working with experts like, myself like my investment,
Advisor Jonathan. Oreilly we are income and distribution planning, experts
social security, experts and we help you do all this
stuff and more what we're talking. About so how about?

(23:44):
This you, KNOW i always like, to you, know WHEN
i can incorporate some of my belief system into this.
Show and you, KNOW i have some common ground with
people out, There SO i thought of this, question are
there any timeless biblical or motivational principles that can help
guide you guys out, there you, know with financial decisions

(24:09):
during times and aren't so. Good, well if we look
at The book Of proverbs in The, Bible proverbs twenty,
one verse five, says the plans of the diligent lead
surely to. Abundance and you, KNOW i think that speaks to. Intentionality,
REALLY i think it. Does, so whether it's reviewing your estate,

(24:30):
plan reassessing your, goals or just staying accountable to us
being your trusted. Advisor steady stewardship is the antidote to.
Chaos so how can faith and values play a role
in smart financial. Planning, well you want to work with
people that you know arefe minded and we sure surely
are here At Limehouse. Financial and you also want to

(24:52):
make good. Decisions this could be your next good, decision.
Folks it's an, offer and it's for the next ten
callers in the next ten. Minutes it's for a written
plan for, retirement built by our team of certified financial
professionals at no cost or obligation to. You and if
you call in right, now we're going to give it to.
You it's, individualized. Customized you can't just call and say
email it or mail it to, me because we are

(25:13):
going to have to have you come in and go
through our process to build you your, plan no cost.
OBLIGATION a written plan for retirement for the next ten
callers in the next ten.

Speaker 5 (25:22):
Minutes sounds, Great, trip do take advantage of the opportunity
to come on and sit down and we'll get that
financial roadmap worked out once and for. All it's advice
like that that shows you just how important it is
to meet with the financial advisor Like, trip who is
a financial. Coach if you. Will he understands the ins
and outs of the financial, world so do take advantage
of the opportunity to make sure that you are on

(25:43):
the right. Path that, path of, course is based on
your risk, preferences your, budget and your. Goals eight hundred
nine four zero sixty nine seventy nine eight hundred nine
four zero six nine seven. NINE a quick break for.
Us we've got much more to discuss here on The
road to retirement with Trip limehouse coming.

Speaker 3 (25:59):
Up Mother's day celebrations are very close and we're gonna
ring them in with ten timeless quotes from moms that
can help us hit our financial. Goals stick with us
for some motherly advice to get your money.

Speaker 4 (26:15):
Right this is such a blow to.

Speaker 3 (26:22):
Invest to do it right, now bringer we see your
st want to around the.

Speaker 5 (26:25):
World it takes courage to face up to things like
volatile markets And Wall street money.

Speaker 6 (26:32):
Traps if you're, unsure, worried or losing sleep about your,
money do something about. It Call Trip, limehouse host Of
road To retirement eight hundred nine four zero six nine seven,
nine or text trip tripp to eight hundred nine four
zero six nine seven. Nine we've made it easy for
you to take advantage of this fantastic. Offer all you
have to do is call our Text trip to eight

(26:53):
hundred nine four zero six nine seven.

Speaker 7 (26:55):
Nine, hurricanes tornadoes and fire theesers serious situations we plan
in advance for the volatility of the market can be
just as devastating when a market correction does. Occur there
are strategies you can employ to bounce. Back Call Trip
limehouse and his team At Limehouse financial today at eight

(27:15):
hundred nine four zero sixty nine seventy, nine or text
the Keyword trip to eight hundred nine four zero sixty
nine seventy. Nine we've made it, easy.

Speaker 3 (27:25):
Folks all you have to.

Speaker 7 (27:26):
Do is call or text the Keyword trip to eight
hundred nine four zero six nine seven.

Speaker 5 (27:32):
Nine we're back on the road to retirement With Trip.
Limehouse having a nice drive, today and it is we're
Talking Mother's. Day it's coming. Up AND i, Mean, kim you,
KNOW i know. You you talk finally of your. MOM
i met your mom to one of your. Parties that
was a fun. Thing she's. Fun she's a.

Speaker 3 (27:52):
Hoot she. Is and now go ahead and give her
a shout. Out. MOM i love you so, much you're the.
Best she's a big, fan always tuning into the show
and SAYING i like that, segment or giving me some constructive,
criticism you might want to say that a little. Different
thanks mom for doing, that And Happy Mother's day to you,
Early Happy Mother's, day and also to all the other
moms out, there you guys mean a whole. Lot my

(28:15):
mom certainly just helped us shape my life and in
so many different, ways and she still, does you, know
just always learning from, her and you, know it's fun
being an adult because you, know Now i'll just share
things with her and and she'll say that warms my
heart And i'll you, Know i'll, Say, mom you, know
a lot of this is as a result of your,

(28:36):
enduring to say the, least with me all the all
those years being really young and young and rebellious and
THINKING i knew, everything and you, KNOW i don't. KNOW
i THOUGHT i don't know about, usty BUT i kind
of THOUGHT i knew everything about everything UNTIL i WAS
i think around twenty three or, FOUR i, realized you,

(28:57):
know my mom knows more than. Me it's the same
thing with my. Dad you. Know can you relate to?

Speaker 5 (29:03):
That of, COURSE i kind of think we all can
at some, point BECAUSE i, mean you, know when you're
young like, that you are kind of you, know thick.

Speaker 3 (29:09):
Headed, yeah i'd, say, so of course we were Doing
amy AND i were doing fun things like Following The Grateful,
dead and my mom, was you, know very concerned THAT
i was traveling all across the country to go see
many many concerts and you, know driving here and, there
AND i was, Like, mom come, on we're just having.
Fun but NOW i can relate to that now Because

(29:30):
amy AND i have three, girls and anytime they go
you know, Far i'm, like oh my, goodness you, know
so they did the full, circle you. Know but we
are in the month Of, may and that does Mean Mother's.
Day you, know folks think about you, know maybe maybe
you might be close with your mom or your mother in,
law or you, know Maybe father's days more your. Style,

(29:51):
well no matter how you look at, this we do
know that in, general you, know mothers have a way
of kind of dropping wisdom on us in a very spec,
way and most of us can at some point remember
what mom used to, say you, know so we thought
it'd be fun to just incorporate that into the into

(30:11):
this segment. TODAY i, mean these are kind of classic mom.
SAYINGS i don't know They they, ACTUALLY i think tell
us a lot about planning for. Retirement so we'll just
dive right into. Them. Here here's. One how about, this
don't put all your eggs in one. Basket we say
that all the.

Speaker 5 (30:31):
Time, YEAH i mean that could be attributed to you,
KNOW i think every mom, everywhere every.

Speaker 3 (30:36):
Day, yeah, yeah and still and still so, relative so. Applicable. Poignant,
yeah that's a tough one to. Say even to spell
that one is. Tough. POIGNANT i don't spell. THEM i
say it's. Good, well let's relate this to the way people. Invest,

(30:59):
okay don't put all your eggs in one. Basket so
WHAT i would share with our listening audience out there is,
that for the most, part when people come to see
us here At Limehouse, financial what we find is they
do have all their eggs in one, basket and that
basket is a basket of, stocks, bonds mutual, funds maybe,

(31:23):
ETFs maybe some fixed income. Securities but very rarely are
we seeing folks that come to us that already have
a safe money. Strategy, okay AND i just want to
address that because it's concerning for. Me you, know Folks
this could be the most opportune time out there to

(31:44):
capture what has happened in the. Market even though the
market's been a little crazy, lately probably still will stay
that way for a. While it could be the most
opportune time to capture what has happened in the market
and take advantage of. It And i'm talking about the
Green line. Principle. Okay the Green line principle is a
safe money strategy where zero is your hero and you

(32:06):
have a lot of upside potential and, folks it enables
you to be independent and in control during. Retirement, now
it shouldn't be the only thing that you have in your,
plan but we just talked about don't put all your
eggs in one. Basket so What i'm sharing with you,
is let's, let's you, know, diversify, okay your overall, portfolio

(32:28):
and let's include in it a safe money strategy where
you cannot go. Backwards it's going to enable you to
sleep well at. Night we call it The swan, plan
and it's going to enable you to be successful during.
Retirement visit Green Line principle dot com to learn. More
Green Line principle dot com to learn. More so don't
stake your retirement on any one particular stock or, sector

(32:52):
or any one particular source of. Income just remember that
a well balanced portfolio is so to, speak approved. Protection
how about? THAT i like?

Speaker 5 (33:03):
IT i like?

Speaker 3 (33:03):
It.

Speaker 5 (33:04):
WELL i think you, know we're talking about things that
moms say to. US i like this. One just because
everyone else is doing it doesn't mean you. SHOULD i
think we've all heard, that and, boy that's applicable. Today
does you know a couple of things come to? MIND
a cryptocurrency comes to? Mind you.

Speaker 3 (33:19):
Know, yeah my mom would always, say you, know if
some if someone was jumping off a, bridge would you do?
It or something like. THAT i might not be saying
that exactly the way she said, it but anytimes she'd say,
It i'd be, like, well, NO i wouldn't do it
just because everyone else, is you, know and folks you shouldn't,
either you. Know let's just LET'S i think what this

(33:42):
comes down, To, steve is avoiding financial, fads if you,
will right, like what's popular right, now what's so? Hot
what's everybody? Doing those things can get us in, trouble
they really, CAN i, Think, CHASE i think what we're
talking about with this one is we need to avoid
chasing the latest if you will investment like you just.

(34:02):
Mentioned that's a great example you just mentioned like crypto.

Speaker 5 (34:05):
Or crypto or well game stop was another. One, yeah,
YEAH i mean the mean stock they call.

Speaker 3 (34:10):
It, yeah, Yeah, well when people are chasing the latest hot,
investment this is not a substitute for a discipline. PLAN i,
THINK i, think you, know what would a mom? SAY
a mom would, say, well be, thoughtful not, trendy you,
know kind of let's work our way through, this, right

(34:30):
let's do the right. Thing so, folks you know ANOTHER
i don't, know. Momism we use that word. TRUISM i
think that's a word we, use right sometimes, true that's
a truism.

Speaker 5 (34:41):
Momism, yeah, ABSOLUTELY i like.

Speaker 3 (34:43):
It HERE i go again making up. Words you know why?

Speaker 7 (34:46):
Not?

Speaker 3 (34:47):
Folks you can reach us at eight hundred and nine
four zero six nine seven nine or Limehouse financial dot.
Com we are income and distribution planning, experts social security.
Experts we were helping you get to and through a
tire and we're having fun helping people talking About Mother's
day and timeless quotes from Mom's what about this? One

(35:09):
it's coming to mind right. Now save it for a rainy.

Speaker 5 (35:12):
Day Stephen bishop great song in the.

Speaker 3 (35:15):
Seventies, yep really you don't have a cute. Up you
don't have a cute.

Speaker 5 (35:18):
UP i don't have a cute. Up, No But i'm
just saying that's.

Speaker 3 (35:20):
What that's WHAT i. Thought sometimes you surprise us with
the little well you'll have that sound bites going, on you,
know but WELL i. DON'T i don't know IF i
recall that. ONE i probably could IF i heard, it
would know. It but the lyrics are lyrics are save
it for rainy. Day, yeah so he probably got there
from his mom. MAYBE i, mean we'll never, know but
we could. Surmise but that mom is save it for rainy.

(35:45):
Day what what would? It what would kind of MAKE
u make us think? About, well in my, mind building
an emergency fund would be what we're talking. About, REALLY
i mean that kind of makes. Sense, SO i, mean
life does throw us. Curveballs we always need to have a.
Backup you. Know it might have health issues that come.

(36:07):
Up it might be something like you need to repair
something at the, home fix the h, fact you, know
put a new hot water heater. In, also prepare for
a rainy, day save it for any, day could apply
to market volatility and the market. Dipping you, KNOW i
think at the end of the, day, folks a cash

(36:28):
reserve is going to keep your retirement plan from washing.
Away so At Linemouse, financial what we're recommending to you
and to all of our clients is to have you,
know six to twelve, months and twelve months is best
of what it cost you to live just sitting in the.
Bank and it's okay if this isn't earning a lot of.
Interest the purpose of this is just to allow you

(36:51):
to have a cushion in the event that something comes,
up which it will that you need money. For you know,
Recently Steve it's cause it's probably towards the beginning the,
year we brought on a great client and this particular
gentleman had one point six million dollars in his four
to ONE. K we rolled it over to AN. Ira
we built him a plan and made. Recommendations we included

(37:13):
the green line principle of safe money strategy and his.
Plan we included professionally managed money and his. Plan we
also included him making a pretty substantial withdrawal out of
his retirement, account paying taxes on, it and then putting
it in the, bank and the reason was he only
had like nine thousand dollars in, savings and we, said you,
know if something comes, up you're going to be pulling

(37:34):
money out of this retirement account anyway to take care of.
It let's just go ahead and take care of that right.
Now you need more. Liquidity and he, SAID i never
thought about it that. Way so he was very, thankful
and quite, frankly a lot of you guys out there
are doing things. Wrong you're funding, retirement funding, retirement funding,
retirement and you're not saving anything for a rainy. Day
just make sure you're building up your. Liquidity that's very.

(37:55):
Important so you, know we're having a lot of fun
talking about things that my help us with and we're
thankful for moms and what they do for. Us we're
also thankful that we can offer the next ten callers
in the next ten minutes a written plan for, retirement
built just for, you, individualising, customized no cost and. Obligation,

(38:16):
now this is not something that you can just call
in and say please email me or mail. Me this
is something that you must come in and go through
a process to. Receive it's, individualized, customized it's a written
plan for retirement built by our team certified financial, professionals
And i'm offering it no costs or no. Obligation. Folks
it'll make a big difference in your. Life you deserve.

(38:37):
It give us a call right, now next ten, callers it's.
Yours sounds, Great.

Speaker 5 (38:42):
Trip our goal here at the show is to really
help you make the best decisions for you when it
comes to your. Retirement if you've got questions about what
we're talking, about, wondering, hey how does that apply to,
Me trip's got some answers for. You call us right
now and find. Out eight hundred ninety four zero six
nine seven, nine eight hundred ninety four zero sixty nine
NINE a quick. Break we're back one more segment to
go on the road retirement With Trip Limehouse.

Speaker 3 (39:04):
Time let's again four questions from, listeners that and more
when we come right.

Speaker 4 (39:10):
Back you've worked all your, life you've, saved you've followed
all the. Rules now it's time to. Retire here's the.
Question who do you want relaxing and taking it? Easy
your Nest agche or? You, well of course you want

(39:31):
to relax and travel and enjoy and Nest, egge you've
got more work to do for a retirement that maximizes your,
portfolio your social, security avoids unnecessary, risk protects you from,
pitfalls and frankly let you retire and keeps the next each.
Working you need a retirement. Partner you need someone looking

(39:52):
out for your best interests and building a plan for
you based on your. Situation call trip limehouse AT a
eight hundred and nine four zero six nine seventy nine
or text trip to RiPP to eight hundred and nine
four zero six nine seven. Nine that's eight hundred nine
four zero six nine seventy. Nine or text trip to
eight hundred and nine four zero sixty nine seven.

Speaker 2 (40:14):
Nine if bad money habits constrain your financial, progress it's
time to alter your.

Speaker 3 (40:20):
Behavior here's another bad money habit to.

Speaker 2 (40:22):
Break being financially. Illiterate the financial world can be extremely,
complicated and most people don't rush home to read the
latest financial. News but knowledge is, powered and some knowledge
of the financial world can be. Empowering now we're not
talking about getting a degree in economics From, harvard but

(40:43):
reading an article online every day can greatly increase your financial.
Understanding many are very interesting and the search is not
hard at. All online news feeds are so. Intuitive once
you click on one, story more and more will. Come
it's amazing how a daily read will turn on that
financial light bulb in your head and article four two

(41:07):
by day will keep the bad money habits.

Speaker 5 (41:11):
Away we're back on the road to retirement with trip
Lym House My I'm steve said all having a fun,
show boy boy quotes from mom's moms always know, best you,
know just kind of get through mom isms now they were.

Speaker 3 (41:27):
FUN i think great. Show we always have a great.
Time you AND I steve AND i know our audience
and joys the. SHOW i want to give a shout
out to our long time. Listeners you guys are, awesome
very thankful for. You appreciate you continuing to tune in
a week after, week and you mean a lot to.
Us thanks for the, calls the, emails the notes you

(41:51):
send us sharing how what we do makes a difference
in your. Life that's our goal really is to make
a difference in. Folks we're doing it on an ongoing.
Basis we're having fun helping people and kind of look
at this as you, know part of my calling or
my ministry if you will a way to you, know
use my talents and abilities That god's give me to

(42:14):
make a difference in your. Life so appreciate you guys out,
there and if you're new to the, show welcome. In.
Hey we Are Limehouse Financial income And distribution planning expert
social security. Experts we're helping you to get to retirement
and through retirement and we're having fun doing. So eight
hundred nine four zero six nine seven Nine Limehouse financial Dot.

(42:36):
Com we we just are really thankful for all of
you out, there and also just want to give a
shout out to my. WIFE i love you so. Much on.
YOU i always mentioned her on the. Show she really
just you, know makes things happen all the. Time and
on the last segment we're talking about. Mothers she's a.
Mom we have three. DAUGHTERS i love you, girls and

(42:58):
what a great mom she. Is KNOW i was thinking another,
day how much The lord bless me with a fantastic
woman who could be such a great. Mom and So,
AMY i want to wish you a Happy Early Mother's
day and share my love for you. Folks retirement is
is a very important part of your. Life it truly truly,

(43:20):
is and it's it should be a fun part of your.
Life how can you move into this next stage and
feel really good about. It, well you definitely need to
know your retirement success. RATE i mean that sounds pretty self.
Explanatory you know you need to know your retirement success.

(43:42):
Rate so how do you know? That, well visit retirement
success rate dot com to learn more and we'll show
you how we can help you determine your success rate moving.
FORWARD i Think, steve a lot of people will get
rap up in saving a particular amount of. Money they

(44:03):
also get wrapped up in maybe you, know performance on
a fund or lack of performance or market volatility or, inflation, recession,
taxation et, cetera et. Cetera and, really at the end
of the, day what people need is what we, offer
a written plan for retirement to get them to and through.
Retirement that's what you. Need you need to understand your

(44:23):
retirement success. Rate so visit that, website retirement success rate
dot com to learn more and learn how we help. People, so, so.

Speaker 5 (44:33):
Hey, trip we didn't get through all the of the.
Momisms here's my, favorite one of my favorites BECAUSE i,
said so says. Mom YEAH i heard that one a
time or.

Speaker 3 (44:44):
Two, yeah you KNOW i still hear today. Too you
know my mom will say, that you know, why, well
BECAUSE i, said, okay all, right that's a good enough.
Reason you, KNOW i think related to retirement planning BECAUSE i,
said so was a rate a great thing TO i,
mean why should you call in eight hundred nine four

(45:07):
zero six nine seventy nine because your mom, said, so
you're going to be better and you're going to be
better off having a plan to get to and through.
Retirement don't take this retirement stuff. LIGHTLY i don't. Know
there's just so much changing so. QUICKLY i, mean we're
living in a different world than five and ten and
fifteen and, twenty et cetera years. Ago BUT i just know, this,

(45:30):
folks you can move forward confidently working with an expert
like myself and my investment, Advisor jonathan, O'Reilly because this
is what we. Do we look at all these possibilities
that concern you and you, know whether you realize it or,
not you guys out there have a lot in. Common

(45:51):
even though you've never met other people that are listening
to this, show you have something in common a couple of.
Things you just want to know you're going to be,
okay and you want to know how you can do,
better and we show you how the answer to both of,
those how you can be okay and how you can do.
BETTER i also want to point, out, folks there's a

(46:12):
difference between an account and a, plan and most of,
you unfortunately think you have a, plan but probably it's
just an. Account an account is where money is. Located
a plan is what gets you to and through. Retirement
so always remember account versus, plan and remember the sooner
you move towards the latter having a, plan the better you,

(46:35):
are you, know going into and being in. Retirement all, right, Well,
ley a couple of these questions on, Me, Steve.

Speaker 5 (46:43):
Yeah, sure before we run out of. Time joey is
up first part of a. Couple he says they're holding
more cash than usual in their portfolio to avoid short
term market, losses but it's barely earning. Interest they're afraid
of losing out on long term but maybe even more
afraid of losing money right. Now the question, then is
is it better for retirees to accept lower returns for

(47:05):
peace of mind or should they still stay invested in
the market despite the.

Speaker 3 (47:09):
Volatility, Yeah, joey that's a great. QUESTION a lot of
people are holding on to more cash than they have
been doing in the, past and that's not necessarily a bad.
Thing WHAT i would share with you is we still
need to make every dollar work for. Us every dollar
has a, Duty so there's really no reason for you

(47:31):
to accept a lower return just to get peace of.
Mind the REASON i can share that with you is
you can utilize this strategy that we talk about, often
which is the green line. Principle now that's a strategy
that offers you, safety preservation, protection there's no downside to,
it and there's a lot of upside potential and long

(47:53):
term that's going to give you what you're, after which
is not losing any, money but also being able to
earn more over over. Time so you don't need to
just necessarily park a lot in. CASH i do think
there's a good reason to have money in, cash, Though.
JOEY i think that you could find some buying opportunities

(48:14):
when the market maybe is not doing too. Well and,
course you know that's what we help people with when
we're offering professional money management here At Limehouse. Financial as we're, saying,
hey you, know this could be a time to sweep
some of this cash that you have over here and
purchase this when things are not doing, good because then
you can maybe write it. Up but you, KNOW i

(48:35):
would just, say don't settle for you, know losing out long, term,
okay or even losing. Money, joey let's look at the
green line. Principle let's incorporate it into your overall, plan
and let's help you be more, successful you, know with your.
Portfolio that's the type of work we do here At
Limehouse financial.

Speaker 5 (48:56):
Eight hundred ninety four zero six nine seven. Nine, joey
give us a. Call i'd love to hear from. You
we've Got sandra and she's In. Lexington she's. Wondering she,
SAYS I i get two five hundred dollars a month
from a pension that doesn't adjust for, inflation and it
just doesn't go as far as it used. To she,
Says i'm cutting, corners but it's getting. Tight so how

(49:16):
can retirees make up for the gap when their income
stays flat but prices keep going. Up that's something we're
all facing right.

Speaker 3 (49:23):
Now. Trip, yeah, Hey, sandra you must be a neighbor
being here In. Lexington come on by a stop by
and see. Us we're located right here In lexington as.
Well thanks for listening to the show and calling in
with your. Question you, KNOW i think that it's always
important for you to live on a budget and make
sure you take into, account you, know things getting more

(49:43):
expensive as you. Age you're, right then money just doesn't
go as far as it used. To so hopefully you're
combining that twenty five hundred dollars a month pension with Social.
Security and perhaps you're like most of our clients out
there and you have money se and you're just not quite,
sure you, know before becoming a client of what to

(50:05):
do with, it how much to take, out how long
it's going to last In. Santra that might be your biggest. Problem,
uh and that might be why you're having, to so to,
speak cut corners and things you're getting. Tight so you,
know your your question of how how do you make
up for the gap when your income stays flat and
prices keep going? Up the answer, is, well we build
into your plan. Inflation, Okay so we we show you

(50:27):
over a long period of, time how to continue on
and be successful and how to how to decumulate safely
as an income and a distribution planning, Expert, sandra this
is this is something that we help people with all
the time is we show them with the money that
you have, saved here's how much you need to take,
out when you need to take it, out and how

(50:48):
long it's going to. Last so it may be just
time to start making withdrawals very strategically over a long
period of time without running out of money from what
you have. Saved so hopefully you've got money saved and
we can couple it with your pension and potentially social
security as. Well so come in and see. Us let's sit,

(51:09):
down let's build that plan for you so that you
don't have to continue to cut. Corners, sure all, right let's.

Speaker 5 (51:14):
Talk we have time for one more, here let's go
To let's go To roberts In. Newberry robert, says with
market volatility, rising geopolitical tensions in the, news he says
he's thinking about shifting most of his investments into CDs
and fixed. Annuities, now it's a. Couple they're both sixty,

(51:35):
eight retired and not sure if they're being cautious or overly.

Speaker 3 (51:39):
Reactive SO i think the question, is how do you
tell if it's the right time to rebalance your portfolio that's?
It or are you just emotionally reacting to. Headlines WHAT
i would here with, you sir IS i mentioned it
in a minute, ago but the green line principle is
a fantastic way for you to preserve and protect your.
Wealth visit Green Line principle dot com no risk upside.

(52:02):
Potential as far as looking at, CDs let's don't build
retirement on a hope that rates are going to stay.
GOOD i think they have their part and a, plan
but shouldn't be a long term. Part and you, know
the annuities definitely could help you moving forward because they're
going to offer you some. Protection but you, know at
the end of the day that the green line PRINCIPLE

(52:23):
i think would be a great substitute for maybe what
you have been doing in the. Past and you, know
we also need to just continue to look at that
portfolio and help you make sure you're making the right
decisions on. It, folks thanks for tuning in today to
another great episode of The road To Retirement show With Limehouse.
Financial i'm very thankful for. You make sure you call

(52:44):
in right now that this is for the next ten
callers in the next ten. Minutes it's an offer for
the written plan for retirement built by our team of
certified financial professionals that no cost or obligation to. You,
okay the next ten callers in the next ten minutes
are going to receive a written plan for retirement in
individualized and customized just for, you no cost.

Speaker 5 (53:03):
Obligation that sounds, Great, trip take advantage of the. Opportunity
eight hundred ninety four zero sixty nine seven. Nine goal
here at the show is to help you make the
best decisions for you when it comes to. Retirement so
if you do have questions about things we're talking, About,
hey how does that apply to? You Give trip a
call and find out eight hundred ninety four zero six
nine seventy nine that second opinion is. Waiting eight hundred

(53:23):
nine four zero sixty nine seventy. Nine, Well, trip it's
been a fun show as, always lots of great stuff.

Speaker 3 (53:29):
Too, yeah thank, You, Steven thank you to our listening
audience out, there and until next, Week god bless.

Speaker 2 (53:36):
You the information provided is for illustrated purposes only and
does not constitute, investment tax or legal. Advice information has
been obtained from sources that are deemed to be, reliable
but their accuracy and completeness cannot be. Guaranteed either Trip
limehouse nor his guests are liable for the usage of information.
Discussed always consultable the qualified, investment legal or tax professional

(53:58):
before taking any.

Speaker 3 (53:58):
Action