The Retirement Revolution

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Episode Transcript

(00:00):
The advice given on the following programdoes not necessarily represent the views of iHeartMedia
It's management ten staff. Since individualsituations can and will be different, please
consider this when exercising any options givenby our guests. It's time to get
your retirement plan in order. Welcometo the Empowered Retirement Show with Pete Simbolac

(00:21):
and Nick Tooman CFP. Reach outto the Empowered Financial Team now at six
O eight two one two seventy threehundred or visit their website empowered FM dot
com. Now here's your host,Pete Simbolac and Nicktoma. Welcome back everybody
to the retirement Revolution. This isthe Empowered Retirement Radio Show. Pete Siblack,

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Nicktoman, certified Financial Planner with EmpoweredFinancial Management, here to bring you
the best of retirement on Saturday morning. And of course Nick, this is
the fourth of July weekend, sowe've got a lot to think about.
You know, two hundred and fortyseven years there was a revolution in these
thirteen little colonies that we now callthe United States of America, and it

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started with just a few rebels thatrefuse to stand for the status quo.
Today, we need a few peopleto stand up to the financial elites and
refuse to stand for the status quoin the financial services world, in the
retirement world, yeah, particularly retirement. So folks who will stand beside us

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as we challenge the status quo ofretirement in retirement this revolt. It's not
about bloodshed, right, but withfacts and academics and numbers that really support
our side, you don't need tobe the majority to win. You know.
The rebels, the patriots, ourforefathers, they really only had roughly

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about twenty percent of the population behindthem, and yet they change the world.
So can we. Nick, absolutely, and I love this theme today.
It goes along with the fourth ofJuly. Very patriotic. But we
want to relate this to our financesand in particular the people who tune into
this show every week Pete that aregetting ready to retire over the next few

(02:15):
years. And we feel that mostpeople in that spot should think differently than
they were taught. And it's notthe status quo anymore. It's not our
parents retirement quite frankly anymore. Butthe average advisor, the average financial services
person. They're spewing out the sameinformation, the same data using the same

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methods and techniques that they were usingtwenty years ago and thirty years ago.
And to use a common term,not getting political. Just use a common
term. It's kind of fake news. It's just misleading. It isn't necessarily
and there's lots of opinions out there, and we might be in the minority,
but I will tell you as wetackle this throughout this program, you're

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going to find out. I mean, what we've been old as a bill
of goods, is it necessarily what'sreally best for those going into retirement.
There is a better way, butyou got to go against the grain.
You got to stand up for whatyou know is right and what's better rather
than just what's accepted. It's evolvingin the way you prepare, and in

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this case, the people listening preparingfor retirement's evolving understanding what's different about what
we've been taught, what's different aboutthe planning that happened twenty years ago.
It's like anything in life, weshould evolve, we should grow, we
should learn. We talked about itbefore the show, Pete. We're always
trying to grow, We're trying tolearn. We're trying to do that on
behalf of our clients. We livein a different world. It's not our
parents retirement anymore. So that's whatwe're here to do. That's why we

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teach the classes. That's what wedo. The radio show is to teach
and to help people evolve. Itis the retirement revolution in the United States
of America. It's not bloodshed,it's facts, figures, data to change
your life so that you can havethe happy, secure retirement that you're looking
for, that you won't outlive yourmoney, that you will enjoy life.

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Along the way, that your kidsmight get something other than just crumbs when
you're gone. Right and oh,by the way, we're gonna talk about
this, how much do we wantto pay Uncle Sam? Right along the
way? So folks, buckle up. We've got our big buckles and our
blue revolutionary coats and our three prongedhats on. We're ready to go.

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It's gonna be a fun show.This should be a good time, folks.
When we come back, we're gonnatalk about, well, the Stamp
Act and you know, maybe afew other things like the t Act of
seventeen seventy three and things like that. We're gonna have a good time.
We're gonna have a good time andwe're gonna relate it back to your retirement
today. This is the Empire RetirementRadio Show, making your retirement revolutionary.

(05:08):
Welcome back everybody on a Saturday morning. This is the Empowered Retirement Radio Show.
Nick Tooman and Pete Symbolac hosting theRetirement Revolution. Addition, on this
holiday weekend, helping you make yourretirement awesome. You can reach us at
six eight two one two seventy threehundred. If you want to get in
contact with us, or better yet, Pete, they can go to our

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updated website at retire Madison dot com. Retire Madison dot com. Check out
a host of good resources there.We got some Kiplinger articles, just a
ton of good things on that website. Also look for some upcoming dates to
retirement courses in the fall. Butwe're here on a holiday weekend, challenging
the status quo, the retirement revolution. So we've got a good show today,

(05:49):
Pete and just a host of thingswe want people to We don't have
a good time here, but wealso are here to make your retirement plans
better. Absolutely one hundred percent.When you're in school, did you like
history? I loved history proct myfavorite topics. I love history. So
do you remember the Stamp Act?Ha ha? I pulled one on him.

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He didn't know I was going toask him that, Yeah, I
didn't. It's a curveball. Butwhat was the Stamp Act all about?
What was the t Act all about? You know, for that matter,
the Thompson Act. What was goingon when these colonials decided it was time
to revolt. Well, for one, there was a lot of taxation without
representation, right, there were someother things going on. He had to

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support the war that was going on, or the multiple wars that England had
going on, and thereby we hadto you know, they had to throw
some burdens on our shoulders, ourshack as they would have said, shackles
on them. And so they hadto revolt. And there was a lot
of things going on. We'll talkabout taxes in another segment. But the

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reality is today we have a lotof nation out there that's sold as truth
that is absolute, when the truthis it's a formula that is speculation.
And that's the four percent rule.Boy, And I'm going to rise a
lot of people up when I seeit that strongly, because there's a lot
of advisors that swear by the fourpercent rule. In folks, if you

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don't understand what the four percent ruleis, but we're rebelling against it today.
That is where you have a milliondollars, for example, and you
have your big pile of cash,and you could take forty thousand dollars a
year four percent per year, addinflation on there, and then you should
be able to live thirty years withoutrunning out of money. That's the theme.

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You put yourself into a balanced portfolio, meaning very evenly balanced between stocks
and bonds, and then often tothe sunset. You go. Two problems
with that rule, peating why wewant to rebel against that one First and
foremost, it's just generic. It'sthrowing a blanket over everybody's situation, just
blanketing and saying, if you dothis, you're going to be okay.

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And as you said, you shouldbe okay. We're not trying to design
and prepare for retirement with the ideawe should be okay, maybe we'll be
okay. So it's too generic forone. And secondly, when the rule
came into play back in the earlynineteen nineties, just yet just thirty years,
it's only thirty years old when itcame into play or become more mainstream.

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That was at a time when bondsand fixed instruments could balance out a
portfolio and we could rightfully expect maybeto earn seven eight nine percent in that
portion of the portfolio. That's differentcity. Now interest rates have gone up,
but we live in a different worldand that rule came into play because
of that. And so again toogeneric, and the world has changed.

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We have to evolve past just somethingas simple as that. So also just
to think emotionally about this a littlebit, because I'm revved up, I'm
ready to go. So we lovethis emotion to go in here. But
the reality is emotion as much asfacts dictate. And I'm going to bring
fact into this, but emotions asmuch as fact dictate how we as humans

(09:13):
operate. And the reality is oneof the problems. One of the problems
with the four percent rule, otherthan the math doesn't necessarily work, is
the fact that people are afraid tospend when markets go south because it's all
based into the market. Right,Yep, we're using index funds, we're
using some bond funds. Maybe webought some bonds themselves, but we're using

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this mixture to take the steady streamof income. But let's say the market
does like it did in two thousandand eight, and the market drops fifty
percent at it's worse, the averagesixty forty bond to stock to bond portfolio
back in two thousand and eight lostthirty four percent. So if you've got

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a million dollars and you're taking fortythousand dollars a year, Let's say you've
been on it for a few years, right, You're up to forty five
thousand a year, and all ofa sudden, your balanced portfolio drops down
to let's just say six hundred andfifty thousand dollars. Are you going to
pull back from spending that forty fivethousand dollars? Are you going to refrain

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from doing some of the things youwanted to do that particular year because of
all this bad stuff that's going on. What if you have a health event
where you had to pay or alarge repair on your house where you have
to pay a large chunk of moneyout at the same time, or you're
old enough to where you had arequired minimum distribution, and remember that was

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based on that million dollars. Becauseyou lost this thirty five percent, thirty
four percent since December thirty first,so that required minimum distribution comes up.
We already had the loss in themarket. We're taking our forty five thousand
dollars, and something else happens largetake an item, whether it's a health
expense, home repair expense, thesekind of things can totally upset that apple

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cart, and we understand it.And it doesn't give people the security,
the confidence to spend the way theywant to because that money is fluctuating so
much. When that happens, Pete. Either road you choose, whatever path
you choose, whether it's to stopspending in retirement, that's not a good
path because that's not how you envisionretirement to go. That's one choice,

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and that's not a good choice.The second choice is that you do continue
to spend in the same manner,and now you're draining your wealth your bucket
a lot faster than you probably budgetedbefore you got into retirement. So either
path you choose is not good ifthat happens. And thereby, again even
now we talk about math, right, when we talk about math, the

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fact of the matter is when peoplehave guaranteed income, when you have social
security and you have a pay right. I mean, look, there was
a war that was waged on youfolks back in starting in nineteen seventy four
when the Ritza Right, the NewAct came out where all of a sudden
four to one case came into being, I raised came into being, and

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that was meant to replace your pension. Why because pensions were a big burden
to the business. Right, Well, guess what, they're a big burden
to you two. But that's whatyou did. You worked for that steady
income. That's what gave you securityin retirement. Was that guarantee that that
pension was going to be there.But no, they shifted the risk.

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They shifted the risk to you.They were the rebels and they shifted the
risk to you. And now youhave to take on that risk. You
have to build out your portfolio forthat retirement. But you still want to
spend that money. You still wantLook, the average person today, according
to statistics, doesn't even touch theirretirement account until required minium distributions. They

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are afraid to spend it. Whythe four percent rule. Money goes up
and down. But if you haveguaranteed income, if you have income streams
like pensions, so security, annuities, things like that. Guess what,
people spend better, they live longer, happier, less stressful life thereby healthier

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as well. We can show youthe data on all of this. Yeah,
we don't want you to be outthere worrying about what that paycheck and
retirement's going to look like. Wedon't want you to worry if you have
to cut back you're spending if themarket's down twenty percent, So if you
haven't gotten to the point in preparingfor retirement where you know where that income
is going to come from, ifyou don't have an income plan that outlines

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specifically those guaranteed sources of income,come visit us. Give us a call
today at six O eight two onetwo seventy three hundred and schedule some time
to meet with one of our advisorsfor one hour and see what it is
that we do to help people prepareto have that peace of mind that they
don't have to upend their retirement petewhen the market has a bad year.

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We have some predictability. Give usa call today six two one two seventy
three hundred. What we're offering isan opportunity to meet with one of our
advisors for about one hour at ouroffice in Middleton out in Greenway Station,
and it's just a chance for usto get to know you, for you
to get to know us and determineif how we help people prepare is what

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you need. If you're within threeto five years of retirement, maybe you've
retired and you just don't want thatburden anymore, you want more clarity in
your life, come talk to us. You might have just sold a business,
Pete. We've talked to business ownersover the past month or two that
they're worried what the next twenty yearsis going to look like if they don't
have a strategy not to mention theirtax bill and their tax bills. So
we don't want that burden on you, folks. Come talk to us and

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see if we can help. That'swhat we're here to do. Here to
help. And if after that onehour visit together, Pete, we want
go a little bit deeper, becauseby the way that first visit, we
don't get too granular, we don'topen up the cover. We're not going
and diving and looking at the finances. What we're doing is just getting to
know you. You getting to knowus and see if we can help,

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if we'd like working together. Andthen after that, Pete, the only
decision we're going to make is dowe want to take a deeper dive?
So call us today six O eighttwo one two seventy three hundred, or
you can go to retire Madison dotcom on our website request that visit.
It is a holiday weekend, sowe will get back in touch with you
on Wednesday. You'd have to leaveus a message your name and number,
and then Wednesday we'll get back intouch with you to schedule some time for

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that visit. I love it,Nick. Income in retirement it should be
predictable, should be safe and notaffected by the external economic external economics economics.
Guaranteed income has been proven to enhancethe quality of your life, lower
your stress, and it helps youspend more money. It keeps you from

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the threat of running out of money. It protects your significant other if you
pass away too soon. It justoverall improves the quality of your life in
retirement. Folks, the four percentrule is broken and in my opinion,
is a ploy to keep you onehundred percent invested in the markets and paying

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Wall Street no matter what folks likethe t Act, like the Stamp Act,
or for that matter, the ThompsonAct. These totalitarian acts have got
to be put in their place.They've got to be gone. Folks,
take control of your retirement. Don'tgive it over to Wall Street. Take

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control yourself. You do that byproper planning. You do that through proper
diversification. You do that through aproper income plan that allows you to spend
the money that. Look, what'sthe big questions that come to us all
the time? You know, doI have enough? When can I retire?
Those kind of things while I runon? While my spouse be okay,
Yes, The fact of the matteris that when you have guaranteed income

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versus thus broken four percent role,the fact of the matter is you can
answer all those things with affirmative answersand you can spend it. People do
make it to not run out ofmoney. Why because they didn't spend a
thing. Is that what you savedforty to fifty years of your money for
the answer is no. But youhave to take action, folks. When

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we come back, we're going totake action. Our next revolt is against
taxes. Now, we're going todo this legally, we're not going to
talk about tax evasion that's been inthe news a little bit lately. But
the fact of the matter is,folks, we're going to be here to
make your retirement better. Stay tunedand get the tax revolution for your retirement

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folks. This is in retirement Revolution. Pizza Black Nick Tooman, certified financial
planner with Empowered Financial Management. Thisis, of course, the empowered Detainment.
I think we're going to start callingat the retirement Revolution. I'm like,
I like it. I think that'sgood. We don't need it just
for the fourth of July. Weneed every day of the week. Twenty

(18:33):
four seven, three sixty five,folks. Six O eight to two one
two seventy three hundred is our phonenumber. You can also find us on
the web at retire Madison dot com. And I am a little bit juiced
up. It's exciting. It's funto kind of relate these things back to
our country's independence and a few rebelsthat we now call patriots today stood their

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ground and stood on their principles.And again they didn't need a majority of
people to make it happen. Itwas a strong minority that took action that
actually changed the world. Now we'rerelating that back to retirement, and we're
talking about some of these ideas thatPete quite frankly do go against the grain.

(19:19):
They go against the flow, theygo against the traditional ways that we've
thought about how to prepare for retirementand how to live in a retirement.
And I think it's important that peopleunderstand life is evolved and we don't do
it like our parents do. Andso that's again I'm gonna say this for
the third time. Why we dowhat we do? Why we do these
shows every Saturday. So I likethat we could change this to the retirement

(19:41):
Revolution. So in the last segment, we talked about the four percent rule
and how people get income and howwe really need to challenge the status quo.
There are better ways. It's outdated, it's broken. People are still
using math that's been out of thetops. You know. It just it's

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not working, and it hasn't beenfor the last probably fifteen to twenty years,
especially going forth new rates all thestuff. So folks go back and
listen to that segment. But nowwe want to talk about the Boston Tea
Party, right, you know,in nineteen seventy four I mentioned this.
In the last segment, the governmentdid get together with big business and the

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i RS come out with some newrules and all of a sudden they had
these retirement plans. Nineteen seventy fouris when everything changed and they shifted the
risk, the responsibility for retirement offof the pension system that corporations had and
onto yours and my shoulders. Andthat's a big challenge. That's a big

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difference, and of course in theseregards we want to talk about it.
In regards to taxation, it isa big shifter. Was a big shift
because yes, not only is responsibilityof accumulating that money and then distributing that
in our retirement. But in thissegment we're going to talk about the deferral

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that many of us saw over theyears when we accumulated that pot of money
in these four oh one keys,and at the time we got these tax
breaks when we saved the money peap. We watched our money grow and it's
not we're not paying taxes on itas it grows. But guess what in
retirement in folks, if you liveat twenty five or thirty year retirement,
and that's where we've accumulated all ourwealth, which for the most part,

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seventy percent of America has accumulated mostof their wealth and these type of accounts,
Pete, we're going to have todeal with this issue. Could you
imagine, let's say three years agoyou bought a house and took on a
mortgage, right, and you havea three percent mortgage two and a half
percent depending on what term you didat thirty year, fifteen, whatever.

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Let's just say you have a threepercent mortgage. That was your opportunity.
Oh, but you decided that youwould take a variable mortgage because you got
maybe one and a half percent,And now what kind of mortgage do you
get when that adjusts? Well,but back then, when we did it,
we didn't think it was going toadjust from three percent up to six

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or seven percent. But that's nowwhat you're faced with, and all of
a sudden, your mortgage payment prettywell doubles. Well, that's kind of
the mindset that people are doing whenthey're deferring their taxes. Right, We're
all being told, let's get asmuch money into our four O one K

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as possible, and yes, let'sget our employer match. Right. This
some of the things you are setup because in retirement taxes are going to
be cheaper. Is that a truthor a lineic? Well, that's what
we've been taught to believe. Wejust inherently have been told you're just going
to spend less because you're not workingfor whatever reason. But do you really
want to give yourself a pay cuta lifestyle cut in retirement. So no,

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we don't think that you're going tospend less in retirement, right because
you're gonna still have good income comingthrough. Now, let me just qualify,
right, if you have large amountsof money or larger amounts of money,
or if you have small amounts ofmoney. If you're a small amounts
of money, you're probably not goingto be affected by this too much.
But if you're over a half amillion, a million, two million dollars

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in qualified accounts qualified under nineteen seventyfour what the government did retirement accounts,
then yeah, you're probably going topay a lot in taxes. And think
about it, all you've done istaken on a loan because you got a
quote unquote tax break, which itreally did get a tax break, you
got a tax deferral, and thenwe don't know what the interest rates going
to be on this loan we took, you know, fifteen twenty years ago.

(23:47):
Some people are gonna win. Thereare going to be people that are
in a low enough tax bracket towhere they're going to win. But there's
a lot of people who are notgoing to win on this proposition, and
they're going to be like that mortgagethat you decided to really get cheap interest
rate instead of locking it in,and now all of a sudden, as
interest rates go up, you getit really hard. That's how if you
did a good job putting money awayin your four one K or your iras.

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That's the situation you find yourself intoday, and folks, we want
to help you get out of that. We want to help you revolt.
Unlike the Boston Tea Party where they'rerevolting against the taxes on the tea,
we're wanting to do it in alegal way, not in an illegal way.

(24:32):
And believe it or not, thegovernment has given us the opportunities to
do it. Yeah, you're absolutelyright, Pete. So here's what we're
going to do. We're gonna makethat offer again for you to meet with
one of our advisors a complimentary visitat our office out in Middleton and Greenway
Station and just gives you a chanceto get to know us, get to
know you and how we help peopledeal with topics like tax engineering those portfolios

(24:56):
in a retirement, creating a steadystream of income like we talk about in
the last segment. So that offeragain is to meet with one of our
advisors for one hour. There's ano cost it's a no cost visit,
Pete. It always is. Bycalling six eight two one two seventy three
hundred and requesting that time together.We are off over this holiday week and
our staff is you're going to haveto leave your name and number and that

(25:18):
you like to meet with us,and we'll get back in touch with you
on Wednesday to get them on thecalory, or you can go to retire
Madison dot com request that visit.But folks, it really is a chance
just for us to learn about yourpreparation at this point in your life,
what it is that you want andwhat it is that you need, and
see if we can be a goodfit to help you in that journey guide
you down that path. It's reallya no pressure visit. We don't ask

(25:41):
you to do a lot of preparation, and if we decide after that meeting
we want to take a deeper divetogether, Pete, then we'll schedule another
complimentary visit as well. But callus today for that visit together six O
eight two one two seventy three hundred. Leave your name number and we'll contact
you back on Wednesday. Yeah,the IRS is going to give you a
tax break, right, but they'regoing to force you to pay it back

(26:03):
when you're most vulnerable. Vulnerable,Yep, there we go, which is
when you're retired. That's what we'retalking about, folks. You know what,
you're essentially playing a game of taxroulette. Is that really how you
want to go into retirement? Youdon't have to, folks. It's time
to revolt. It's time to paytaxes now and have a plan to get

(26:26):
those taxes out of their tax freein retirement and do it legally. You
can use roth for one case,you can use roth iras, you can
use LARPs for future income and potentiallyget it all tax free. Sounds good
to me, Pete. It's there, But you gotta revolt. You gotta

(26:47):
do something different. You gotta takeaction, folks. You gotta be in
the minority that actually does something aboutit. Folks, when we come back,
we're going to continue this retirement Revolution. We're just gonna wrap it up.
We're going to talk about that overallplanning of retirement taxes income. We're
going to go into the whole shebang. When you're done with this program,

(27:08):
you're going to be ready to revoltwith us. This is the Empowered Retirement
Radio Show, Making your Retirement Awesome. Welcome back, everybody to the Retirement

(27:37):
Revolution edition of the Empowered Retirement RadioShow. Nick Tooman and Pete symbolack here
to make your retirement better. Havinga good time on this holiday show.
It is a fun show. Yep. Holiday week Is it really a holiday
weekend? With the fourth falling ona Tuesday, we're taking off Monday as
well. Yep. So we're havinga good time, but we are trying

(28:00):
to make your retirement better. Pete, I think we've had a fantastic show
talking about really challenging the status quo, standing up to the status quo,
standing up to old ideas. Wayswe've been taught that we don't think work
best when you're preparing for retirement,because it should be one of the happiest
times of your life. And that'swhat we're here to do is talk about

(28:21):
why we think it's important to preparedifferently. You know, if you think
about this a little seriousness for amoment, right because we've had a lot
of fun. This has been agreat theme to relate over to retirement.
But think about if you're a businessowner, for example, think about how
difficult it is to balance your businesslife with your family life. And you

(28:41):
know, as a business owner,I've been in business for decades, sometimes
it's really difficult to you know.For example, when you get home in
your spouse says to you. Andthis has definitely happened to me, that
your spouse says to you, youknow, why don't you ever do something
for the family. I feel allyou care about is the business or your

(29:02):
clients or your clientele. And thenI'll step back and I'm thinking to myself,
as this relationship between husbands and wiveshappen, I'm thinking, well,
all of this for the business isfor my family. But that's because of
how we identify with our work andthings like that. This is going somewhere,
folks, but it's really hard tomanage a business life or a career

(29:26):
where it takes a lot of hours, and oftentimes we're thinking about our family
while we're doing it. But itdoesn't always translate, right, It doesn't
always, it doesn't always seem easierfor the family. Nick. One of
the things I love watching your familyas you're going into empty nestorhood, that

(29:48):
you and Chris are doing hobbies togetherright out in the gate, picking up
hobbies, going and doing them,and that will help you keep closer to
each other. Right, But somany people it's very difficult to They might
have very different hobbies or very differentlives because one's been so involved in the
business or their career and the otherone is maybe taking care of the kids.
Now the kids are out of thehouse, and now what happens.

(30:11):
Why do I bring this up whenwe're talking about retirement, and because really
what we do is so we mighthave successful business people. We have successful
executives, doctors, nurses, youname it out there, Engineers, lots
of engineers. My point is,you work really hard, and you wanted
to establish this vision or this dream, but you've poured so much into your

(30:34):
career and into your job sometimes it'shard to relate to make those things happen.
You bring a group of people likeus into your life so that you
can balance that out. You know, I wish I had somebody twenty years
ago to help me balance my lifeout by taking a lot of the things

(30:56):
I was doing as a business ownerright, so that I had a little
bit more of a balanced life.There are obviously consequences later on in life
for those things. Well, whenit comes to retirement, you've worked all
these that's why you bring somebody likeus in so that you can actually do
a little bit of what you andChris are doing. In the fact,

(31:18):
you're able to come together and makeyour dreams happen. So many people today
go through divorce, they have poorhealth, they have a poor retirement because
they you know, whether there's allsorts of reasons why. But when you
bring somebody in to help you.You know, when we do these things,
we talk about finances all the time, but the reality is it gives
independence. It gives you vision sothat you can see your retirement clearly,

(31:41):
so that you don't have to worryabout these things and you can actually go
enjoy the purpose that you had.Does it all makes sense? It does?
And I love that you bring thisup because these are real life conversations
that we get to have. I'vehad one recently and the topic came up
about now we're empty nesters and we'rea few years from actually retiring. We
put time into our careers like youjust described, Pete. But the folks

(32:07):
said, we've never really sat downand thought about what it is we're going
to do together. What are thosehobbies going to look like? And for
a couple of reasons. One,they were so immersed and being successful at
their career, so we can comein and start that conversation and we help,
we brainstorm, we get some ideasgoing. I'd like to say,
we get the juices flowing to thinkabout and to create a vision. But
secondly is they were concerned that theywere going to run out of money.

(32:30):
So whatever it is that they pursuedtheir hobbies, their pursuits that they may
dream of, they wouldn't have enoughto do this because they didn't have clarity
in their lives. And that's whatwe're talking about, is giving you purpose
and giving you clarity to do thesethings. And it isn't just with the
money, you know, it's injustus with the planning it's with our coaching,
it's with our help. It's wherewe help a lot of people go

(32:52):
through this, and that's probably anaspect that we don't talk enough about.
You know, we've had a lotof fun with this theme. You know,
let's fight this financial tyranny, let'shave our retirement revolution. But part
of the benefit of actually hiring ateam to help you through it, Yes,
we put a plan where we coverincome and investments and taxes and healthcare

(33:15):
and legacy and all these things puttogether. We cover finding the blind spots.
It's a strategic plan, well diversified, and our staff is available for
various things including let's talk through what'sgoing on and what we need. Because
you know what, you're going tohave a better marriage, you're going to
have a better life, you're goingto have better health, you're gonna have

(33:36):
better finances when you actually bring somebodyinto partner with you. And that's ultimately
what we forget to talk about thatour clients don't forget to talk about.
But again, going back to I'mjust yeah, folks, that's what it's
about. That's what this is about. And yes, we're having the fun
with the theme, you know,but the fact of the matter is planning,

(34:00):
getting together with the right people.It's about allowing you to live your
best life. Not to quote JoelOlstein, but it is to do that
with the resources that you've put together. You said diversified. It is about
having a diversified retirement, having adiversified stream of income, having tax diversification,

(34:22):
creating those different buckets. So that'swhat this is all about, folks,
and that's why we want to connectwith you. So if you're out
there on this holiday weekend, Iknow you're out there probably enjoying your friends
and family, barbecue, fireworks,whatever you do, but take some time
out to think about how fantastic thatnext part of your life could be if

(34:43):
you have the right guidance, andwe're here to help. So call us
today at six O eight two onetwo seventy three hundred, and we've been
offering throughout the show an opportunity fora complimentary visit to meet with one of
our advisors, one of our retirementplanning specialists at our office out in Middleton
to see if how we help peoplenavigate retirement is what you need and is

(35:04):
what you want. You're listening andyou're hearing all these ideas and you're getting
excited about being retired. Let ushelp you in that journey, that next
phase of life, which should befantastic. You can do that by calling
six or eight two one two seventythree hundred and because it is a holiday
weekend, we won't get back toyou until next Wednesday and we'll get that
little bit along way. But thatvisit can be done at our office out

(35:27):
in Greenway Station, or if youwant Pete, they can also still do
that via zoom, whatever is convenient. We don't ask you to really do
any preparation. We just want youto come in over a cup of coffee
and share with us how ready youfeel and how we can help. And
if we decide after that visit togetherto take a deeper dive, go a
little bit more into the weeds,get into the sandbox after that, we

(35:50):
can do that. And it's alsoa complimentary visit as well. But we
want to allow you to get toknow us. We'll get to know you
and see where that takes us.But that's why we're doing this, that's
why we do the retirement courses,the radio show. I'm passionate about the
education that we give to people tothink differently, to create that retirement revolution
in their own lives peak. Andthat's what it's about, right, that's

(36:12):
what we're about. That's you know, that's our why, that's my why.
I love to help people through.And as I brought up, I
got a little bit sentimental on someof these thoughts. You know, it's
really important to make sure you know, by the way, in retirement,
two people last longer than one person. Right, going through things together.

(36:32):
Your family is important, whether youhave a large family or you're just by
yourself. These things are really importantto take care of. You need to
have the most up to date strategies. You need to have the most up
to date tools. You need tohave people that are willing to go against
the grain to do what they seeis the right thing to do. You

(36:54):
need to have a complete panoramic plan, a patriotic, evolutionary panoramic plan that
covers all aspects of retirement because itgives you freedom. That's what it's about.
So many people have money, butthey don't live like they have money
in retirement. And that's great forthe kids, that's great for the grandkids

(37:19):
or the nieces and nephews, butthat's not really what the intention was for
you. We want you to livethat best life together, folks. That's
what it's about. That's what theretirement revolution is about. Throwing off maybe
personal shackles, but certainly the financialshackles that have held you back. And
it doesn't take a majority of peopleto do it. It takes one person

(37:42):
stand up, do the right thing. Does that out in the world and
politics, and I mean we cansee all sorts of right. George Washington
stood up, we go back.I know all these things are controversial these
days. But you know what hedid not tell why he cut down that
cherry tree. We see his warts, we see his good stuff is bad,
we see it all together. Buthe led people. And today what

(38:05):
we're talking about is having that kindof liberty, that kind of freedom in
your retirement, not just because youhave the money, but because it's in
the right place. It allows youto do the things that you enjoy.
But let's also just so you know, gives you opportunity to give away or
do charitable things. I mean,there's just a lot of good things that
go on, not to mention helpyour grandkids. Yeah, a lot of

(38:28):
possibilities and along the way, makeit educational. We want you to be
engaged. We want you to feelliberated and gain clarity in your life.
So that's that's what we're here todo. That's what it's about. So,
folks, I hope you've enjoyed thisprogram. It's been a lot of
fun. The retirement revolution, revolt, revolt against the status quo. Do
what's in your best interest. Don'tlisten to all those prognosticators, be your

(38:51):
own prognostics, or listen to thisone right here, folks. We'll be
back next week. I hope youhave a wonderful and safe Fourth of July.
We appreciate our country, we loveour country, and we'd love you
have a great weekend. Investment advisoryservices offered through Trek Capital Management, LLC
and SEC Registered Investment Advisor. Informationpresented is for educational purposes only and it

(39:15):
should not be considered specific. Investmentadvice does not take into consideration your specific
situation, and does not intend tomake an offer or solicitation for the sale
or purchase of any securities or investmentstrategies. Investments involve risk and are not
guaranteed, and past performance is noguarantee of future results. For specific tax

(39:36):
advice on any strategy, consults witha qualified tax professional before implementing any strategy
discussed here in