Episode Transcript
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Speaker 1 (00:00):
Securities and investment advisory services offered through Osaic Wealth Inc.
Member finraw as IPC oasaic Wealth is separately owned and
other entities and or marketing names, products or services referenced
here are independent of Osaic Wealth. Madison Wealth Managers and
Osaic Wealth Inc. Are separate and unrelated companies. Information provided
is for illustrative purposes only and does not constitute investment,
tax or legal advice. Information has been obtained from sources
(00:21):
deemed reliable, but its accuracy and completeness are not guaranteed.
Neither Osaic Wealth Inc. Nor Madison Wealth Managers accept any
liability for the use of the information discussed. Consult with
a qualified financial, legal, or tax professional before taking any action.
Any opinions expressed in this form are not the opinion
or view of Osaic Wealth Inc. Information in this illustration
has been obtained from sources believed to be reliable and
are subject to change without notification. The information presented is
(00:44):
provided for informational purposes only and not to be construed
as a recommendation or solicitation. Investors must make their own
determination as to the appropriateness of an investment or strategy
based on their specific investment objectives financial status and risk tolerance.
Past performance is not an indication of future results investments
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Speaker 2 (01:04):
You are about to experience the planning for Prosperity Show
three two.
Speaker 3 (01:10):
Who here Fisarah Supply Chicago? Oh, good for you, Michael,
Michael Brown, Managing director Michael Brown planning for a Prosperity
radio hour, Happy Weekend.
Speaker 4 (01:26):
What's what's this guy's name? David Sata?
Speaker 3 (01:30):
I don't know how you know this? Such trivial matters,
if you will.
Speaker 4 (01:35):
I think it was not.
Speaker 5 (01:36):
When I was reading a People magazine, I was going
to say everyone was nineteen ninety eight.
Speaker 3 (01:41):
The discussions, Michael, that I've had with the cruise ship
members is not about Peter Satara. It's not really. I'd
say it's.
Speaker 4 (01:54):
You can't weave it in.
Speaker 3 (01:55):
I'll say it's sixty percent in favor of my music,
forty at best, like the classics six forty Blueberry Portfolio.
Speaker 4 (02:02):
But see that's why that's good.
Speaker 3 (02:05):
We just walked again. Guys, We're gonna start because we
are pleased to thank you shop. But if nothing separates
us from who deems to be competition out there understand
you guys all know this, who work with us and
who listen on these airs, we are please and thank you.
As Michael displays, he does an air display of a
(02:25):
most fabulous card that came in from a wonderful, wonderful client,
a great fan of the show. We're a great fan
of hers as well. Michael, please describe this to the listeners.
I'm not sure I can.
Speaker 5 (02:40):
So it is it is a it's a card, yes,
but it's more of a prop yes, because it's eight
inches high six inches wide, and it's three dimensional. And
at first I open it and Mary, thank you so much.
I open it and I said, what is happening here?
Speaker 3 (03:01):
There's the pond. The pond, Yes, I was going to say, Mike,
there's the care yes.
Speaker 4 (03:06):
Right, it says adventure awaits.
Speaker 3 (03:10):
Yeah, yeah, and it does. Love it and thank you
Mary as always. Just so you know, I did hand
the dynamic theme to mister producers, so beyond no, no, no,
I know nothing about what's being played. No, we're redaking this, Michael,
We are retaking these airs, make no mistake. Guys. Thank
(03:33):
you so much, and we're gonna go over this because
there were so many requests from you last week, and
we love it. So just keep pounding the internet. That's
the easiest way to do it. It's www dot Madisonmanagers dot com.
That's www dot m A D I S O N
Managers m A N A G E R s dot com.
(03:55):
You're gonna use the clickboxes. I used to call them textboxes.
I guess they're not really textboxes. Whatever will say request
more information, It will say set an appointment. Press any
one of those and just say that you want the
new white papers. There are two of them. You drove
these white papers, you requested them. We produce them. They
(04:19):
are now ready. They are now coming off the assembly line.
We again, in my opinion, everyone get them glossy. Let
us mail them to you. What they are and Michael,
I see you have your DoD two point zero open.
Really what they are is they're meant to be compliments
because you asked. You asked for more, Mike. It's that simple,
right You and I love it. I don't really love it,
(04:41):
well you don't. You don't love it because of caution,
Budy toy ship these that I love it.
Speaker 5 (04:45):
And I have to spend the time when I'm in
the swamp but instead of hunting and fishing and such,
what are.
Speaker 3 (04:52):
You fishing for in the pond some Sardinian lukewarman can
beer or the hot dog that fell in to hot
talk that fell in. Yes, Now the point is, guys,
we have two Hall of Fame documents. Simply put in
the DoD two point zero. So again this is the
reminder if you don't have DoD two point zero, easiest
way to think about it. It is professionally bound and
(05:15):
in our opinion we are allowed to have opinions. It
is our best estate planning work ever. Okay, so this
is meant to last a lifetime. Simply put. Point is this,
we have two Hall of famers. One is called twenty
five Documents you Need before you die. It's a one pager.
It's an infographic if you will right, it's that a
nice way to put them on infographic. Do you like that?
Speaker 4 (05:33):
I would call it a picture picture, it's a picture.
Speaker 3 (05:36):
The other the other is what to do when a
loved one dies, which is simply put bullet points two pages,
two pages, the way you like to consume it. And
it was all of us getting together and talking about
what needs to be done, what we've seen out there,
our experiences, et cetera, et cetera, And I will all
(05:57):
but guarantee that's seventy five percent. So I'll put it
this way. You are an estate planning expert. Okay, if
you know seventy five percent of these items, and or
I've thought of seventy five percent of these items, because
I don't think seventy five percent anyone would think of you? Ready, Ready,
this is a first Yes. Please.
Speaker 4 (06:15):
It was a letter. It's called be vigilant with your finances.
Speaker 5 (06:19):
My IRA, my retirement account had an unknown beneficiary added.
Speaker 3 (06:25):
How can this happen? WHOA?
Speaker 5 (06:28):
Now it has my attention right now, because if you
have the DoD the twenty five documents need before you die,
all your beneficiary things there. So this gentleman in this
sense two decades his son was his beneficiary, Dan, I
get it. He wanted to add another beneficiary, so he
(06:49):
went to the bank. They don't tell me what bank
it is. They went to the bank and there was
someone named as the beneficiary ever met in his entire life.
Speaker 3 (07:02):
Wow.
Speaker 5 (07:02):
So they started to dig a little deeper and they've
come out with they think it's a fraudster. Okay, Okay,
it could just be human error. But it goes back
to in the DoD what do we need to be
vigilant of? So this is prior to when your loved
one dies, because it's too late then, because a beneficiary
(07:23):
designation overrides a will. Yeah, I can list anyone is
my beneficiary, and then I can name someone else in
my will. The Beneficiary Designation Forum Supreme Court ruled on
this years and years and years ago that Trump's the will.
Now here's what they said. Fraudsters have no mercy. They'll
(07:49):
take anything they can and we know this, but this
is the first I've heard of people infiltrating a bank
and changing beneficiary forms.
Speaker 3 (08:02):
It's such a difference, it's so devious. I mean, this is.
Speaker 5 (08:06):
Why we have to review things periodically and over and
over and over again. And you should have copies of
your beneficiary forms. You should call your institution and say, hey,
just send me a copy of that, would you.
Speaker 4 (08:19):
And if it's not what you want, the good news
is you can change it.
Speaker 3 (08:22):
I'm going to give you a little advertisement, okay, since
we can for what we do at Madison Wealth when
it comes to helping you settle your state. Okay, I'll
give you this real Worldmike Clients again. Elderly, elderly mom
passed away. Mom passed away, Mom had an insurance vehicle
insurance product. Right, we obviously have to be in touch
(08:45):
with the insurre. Right, We're in touch with the insurer immediately.
In addition to other items iras, et cetera, et cetera.
We got in touch with the insure. Let them know,
here's the situation. Okay, how about this. We got the
documents that needed to be signed so that dad, husband
right could inherit this vehicle, right, could inherit this vehicle.
(09:07):
We got the documents back before they even got the
initial documents from the insurance in a mail.
Speaker 4 (09:15):
How is that?
Speaker 3 (09:16):
How's that, Michael Brown? That Trump's the one eight hundred
number every day of the week. I mean that that
makes me happy? Is that amazing? Though? Like it because that's.
Speaker 5 (09:25):
How it should goltely, it just never does, especially that
I'm going to be stereotypical here, I call the eight
hundred number. And now it's someone in the Far East
whose English is maybe the fourth language. It's very difficult
to understand. They cannot understand us.
Speaker 3 (09:48):
Right. It used to be India.
Speaker 4 (09:49):
Now it's all moving to Thailand, right, yeah, Vietnam, et cetera,
et cetera.
Speaker 3 (09:54):
Right.
Speaker 5 (09:55):
Not only do you have the legal hoops to jump through,
we have a community block.
Speaker 4 (10:01):
This is unacceptable, and.
Speaker 3 (10:02):
Then you may not. Let's let's keep it really simple. Guys,
you may not have forty eight minutes to wait on
hold necessary lucky whilst you're at work. So let us
help you out, guys, real world story, guys. Grab the
two brand, brand new white papers. You guys have been great,
keep it up. Easiest way right now to request those
white papers is www dot Madison Managers dot com. Just
(10:25):
click on one of those clicking boxes and let us
know however many copies you want. We'll print them out,
plint them out. How's that? Or plan them We'll plank
them out for you, nice and glossy for free. Guys.
Just let us know. Go there right now Www Dot
Madison Managers dot com. Let's see it right back.
Speaker 2 (10:45):
You are about your experience the Planning for Prosperity show
A three two.
Speaker 3 (10:57):
Seline Happy Weekend, Dannie Polanski, Michael Brown, Managing director, Michael Brown.
Oh yes, yes, what do you think it was? Rachel
Scion I don't know you see what the problem is
(11:17):
here everyone, as you know, one of many, welcome aboard
the cruise ship. For those of you who are new
Madison Wealth Managers. As we like to say, the cruise
ship is that the port. Please step aboard.
Speaker 5 (11:32):
And join us in the haven and let us aboard
the cruise and let us exactly where.
Speaker 4 (11:38):
You're gonna have your own personal echry.
Speaker 3 (11:40):
Let us educate, educate, educate, educate, guys. And I'm going
to touch in this segment on an area that I
really think we're making huge inroads with you, and I
love it. Michael Hazard, guess Hazard? May I sure you're
gonna say pillar too. Absolutely. First, guys, we have to
(12:03):
only because we are pleased and thank you to the
core here at Madison. We have to thank you for
those of you who have already requested your white papers,
your free white papers that you asked for, and these
new ones are gold, the gold you guys. It's really simple.
You asked for them. We are delivering on your request.
I suggest you have us print them out, will make
them nice and glossy, and we'll send them out to you.
(12:25):
There are two, okay, there are two. Grab them. They
are meant to be compliments to items in the DoD
version two point zero. Easiest way to request your copies
www dot Madison Managers dot com. I'll spell it out.
It's m A D I S O N M A
N A G E r s dot com. Please use
(12:45):
one of the clickie boxes clickies so it'll say requests
and appointment meet Mike Brown, whatever it happens to me.
Click on any one of them. Okay, and then just
let us know how many copies of each you would like.
Okay again, we are delivering these four they were requested
by you. We produce them for you, and we will
ship them to you. And here's the key for free,
(13:06):
well for free, Danny.
Speaker 5 (13:08):
Now, I complain every week, yes when Madison Nation says,
give me more information on this, and then we deliver it.
Speaker 3 (13:14):
Yes.
Speaker 5 (13:15):
And in segment one, we talked about how fraudsters, scammers,
let's just call them thieves, it is what it is,
are somehow getting into bank beneficiary designation forms.
Speaker 3 (13:27):
You know, in this article we talked about know what
we need next?
Speaker 5 (13:32):
A beneficiary designation form review checklist?
Speaker 3 (13:36):
Oh, find it, write that down. Mister producers said, yea, yes,
get we'll find it, guys. We'll design it. Absolutely, we'll
get that. We'll get that, because.
Speaker 4 (13:44):
That's one of the scariest things I've ever heard in
my life.
Speaker 3 (13:47):
Yeah, if you missed it.
Speaker 5 (13:48):
Last segment, gentlemen went to update his beneficiary form. His
son was removed and a total stranger was added as beneficiary.
Speaker 3 (13:58):
So if he had.
Speaker 5 (13:58):
Passed away Dan, no matter what his will said the
beneficiary Designation Form, Trump's the will, this stranger, whoever these
people are, would have received everything in the IRA. So
we need a IRA Beneficiary Form review checklist.
Speaker 4 (14:17):
I'm on it. We're gonna get that done. Scare the Jesus.
Speaker 3 (14:21):
Out of me. Great, great job, guys. I want to
talk about something that I again near and dear to
my heart, and I think you really are based on
the number. It's just the number, simply put. The more
and more of you that sit down, the more and
more of you that sit down with us, that listen
to us, that get educated on the pillars. Okay, for
(14:41):
those of you are new, there are four pillars that
we believe should undergird right, should undergird your investment. What
would you call it my thesis? If you will, your
investment portfolio your go forward approach into the world. From
time to time we add a fifth pillar. Okay, right now,
it is in existence and it is special, but there
(15:03):
are four core pillars. Now I like to speak about
pillar two. And Pillar two really conceptually is simply put,
it is your own personal pension. It is guaranteed income
for life, guaranteed withdrawal for life. All the language runs,
whatever you want to call it. All the language runs.
Speaker 4 (15:24):
I want to call it a check in my mailbox
every thirty day.
Speaker 3 (15:27):
Great, Mike, that's the way.
Speaker 5 (15:29):
Let's break it down. Every month in my checking account.
I want to see some money.
Speaker 3 (15:34):
That's great, Mike, that's super that's super simple. And I
think what's ringing true, Mike, is the language that we're
starting to use. And those of you who are unfamiliar
with the show, we like to talk about blueberry portfolios
and can we explain it. Yes, that's one of my
favorite Please run it, Mike, Please tell us what the
blueberry portfolio is.
Speaker 5 (15:54):
So, the big box bank stores have what's called their
preferred list, right, their designated list of mutual fund of
mutual fund companies that write the biggest checks to them.
Speaker 3 (16:09):
So that okay, how do I get on the recommended list.
Speaker 4 (16:13):
That's so you're the bank. I am mutual fund company.
Speaker 5 (16:17):
Ain't I want you to force all of your salespeople
to sell my mutual fund absolutely, so that I can
make a lot of money, wouldn't I but to do so.
Speaker 3 (16:31):
It's like going to a concert.
Speaker 5 (16:32):
You have to buy a ticket, you got to pay,
except these tickets run into tens of millions of dollars.
Speaker 3 (16:40):
So it's not enough product.
Speaker 5 (16:44):
Who's got who's got the biggest checkbooks?
Speaker 3 (16:47):
Record?
Speaker 5 (16:48):
So I've paid you, and now I'm on what's called
your platform. I am now on the four butterfly list,
whatever you want to.
Speaker 3 (16:57):
Call this stuff.
Speaker 5 (16:58):
And hence one or two or three or my mutual
funds are in the Blueberry portfolio, yes, which is a
combination of who knows what.
Speaker 3 (17:07):
How many funds do we typically find in a Blueberry portfolio?
Speaker 5 (17:10):
Man, I mean it could be as few as a dozen.
And as it's us the record that we saw, I
think it was forty one. I was gonna say it
was forty two, Wasn't it was forty one or forty
two something like that. So if I'm the fund company
and you want me to pay you, I'm gonna make
up a number ten million dollars. I might get three
of my funds in the Blueberry portfolio. If I can
(17:31):
only a cup with a couple million bucks, I'm gonna
have one fund. But they only put a two percent
of the dollar of my money.
Speaker 3 (17:39):
Right right. And that's a good point too, Mike. You
can play for percent too, So in other words, more
of your fund goes into the pie. Here is what
we've been really hammering home, and this is what's clicking.
I think, is that, regardless of your feeling around the
Blueberry portfolio, I love how it's performing. I love Blueberry
(18:00):
portfolio so good, so so good. Whatever, whatever it is
compared to what it doesn't matter, whatever it is, whatever.
Speaker 5 (18:07):
Your intergalactic small car.
Speaker 3 (18:11):
Okay, good, all right, we got The point is this,
we can duplicate that Blueberry portfolio if that is your wish.
If that is your wish, I wish. We couldn't in
pillar two. So, in other words, a side to side
move you could do it in pillar three, right, absolutely,
But in pillar two we can do a side by
side move right and put a guaranteed rate that you
(18:37):
can pull out to enjoy in your retirement for life.
You can add a spouse who can also do the same, right,
and and and you can have a death benefit. But
I don't want to get too far into the weeds.
So the big difference is if I sit in my
blueberry portfolio without without putting the guarantee around it, when
(19:01):
I pull out all the molah, Right, when I pull
out all the molah, I'm going back to work. It's
that simple, right, Mike. Or it's just gonna take a
walk in the woods and not come back. Whatever it
happens today, Okay, when you have the protected blueberry portfolio,
which remember, guys, just takes a side to side move.
Nothing other than that. And this is for those that
(19:23):
love the blueberry portfolio. We're not even to talk about
upgrading the portfolio or if you just want to go
side to side. Guys, the check keeps coming, the check
keeps coming. So let me think about this for about
a quarter of a second. Why would I not do that?
Let's see convenience of doing nothing, Mike, And we had
(19:45):
this conversation right before we went on air, and I said,
what is the impediment? What is it? Because we know
when we sit down with you guys, after you've heard
us on these airs. We've talked to you on the
phone maybe couple of times. You come in, you sit down,
you feel comfortable, You get it. But what we're trying
(20:06):
to get at is why on earth is someone who's
listening right now not picking up the phone, not using
the email or whatever it is, the electric electronic thing
you think and saying, give me some information on pillar two. Guys,
just get me started. But what is it? Mike?
Speaker 5 (20:27):
You think it's convene, You think now this is this
is gonna come out as crass, and it's not crass.
Speaker 3 (20:35):
Mike's a big behavioral finance man.
Speaker 4 (20:37):
Like we are, all inherently more comfy doing nothing than
doing something.
Speaker 3 (20:45):
That's life. That's life.
Speaker 5 (20:47):
Dan, did you go for a job last night? I
absolutely neither did I should we have? Yes, we probably should,
of course. Did you eat vegetables this morning?
Speaker 3 (20:56):
I actually skipped my veggies this morning?
Speaker 5 (20:58):
Okay, we should, but we didn't because it was easier
not to. It's easier to go through the drive through
than to go to the grocery store.
Speaker 3 (21:06):
All right, let's keep it this simple, everybody, If you
don't have exposure to pillar two and you're listening right, now. Please,
here's the easiest way to do it www dot Madison
Managers dot com. M A D I S O N
M A N A G E R s dot com.
Use the clickbox and just say, guys, send me email me.
(21:29):
You can totally email that to get the conversation. Start
email what you have high level on Pillar two, let's
get this going.
Speaker 5 (21:39):
Guys, everyone, you gotta stick around for the next segment
because all these people who think Susie Orman is this oracle,
we're about to absolutely shred her to death.
Speaker 3 (21:50):
Please, guys, Pillar two info request and get those white
papers Madison Managers dot com. We'll see right back it.
Speaker 2 (21:58):
You are about your experien Yes, the Planning for Prosperity
shows three two.
Speaker 3 (22:09):
Tell oh, I can see Michael Bolton that great hair.
It had to be a wig though, don't it goes away?
Speaker 5 (22:19):
I don't know.
Speaker 4 (22:20):
His flow still bothers me to this day.
Speaker 3 (22:23):
Yeah, Michael Brown, Well you've done some things to your
hair over the years, as we know. Michael Brown Man circle. No, no,
you call everyone do yourselves a favor. If you know Michael.
If you do not know Michael, why do we have
to go here? Michael is the only one whose hair
is better now than twenty years ago. I have product.
(22:46):
Look at Michael. Do yourself a vor Go to www
dot Madison Managers dot com click on meet Michael Brown.
Now we've all talked about that being a model, okay,
and that's again, this is a much younger model. That's
a twenty five year old man.
Speaker 5 (22:58):
It's before a photo shot. It's before it was just
a nice joy.
Speaker 3 (23:02):
It was a nice young man. We grabbed him off
the street. Whatever's fine. It was photoday. We grabbed this
good looking kid. That's what we do. So the point
is this, Michael Brown's hair now is fuller, thicker, richer
than it was twenty years ago. I know that. I
know it's fact. So whatever he's doing, guys, we know
(23:22):
this is a financial planning show, investment planning, investment strategy,
but it is also a show where we want to
give opinion and we want to motivate you to do something.
Speaker 4 (23:32):
Okay, and I'm not caring for your opinion about my hair.
Speaker 3 (23:34):
Call Michael or get us on www dot Madison Managers
dot com. M A D I S O N M
A N A g E r s and ask what
he is putting in that in or what he's had
weaved into that and it again, it.
Speaker 4 (23:49):
Could just be a befond, it's a new pamad it.
Speaker 3 (23:54):
Sure is. Thank you so much for being with us. Everybody. Again,
we have to again we keep bringing back to you
because it's all about you. You wanted based on our
two we've we've got to We've got so many heavy
hitting documents in the DoD two plane, O Mike. And again, guys,
if you don't have DoD two plane, oh this simple
professionally bound. We feel it's our best estate planning work ever.
(24:15):
It's meant to last a lifetime. And guys, this is
the fact it's free. Okay, it's free.
Speaker 5 (24:20):
We talk about behavioral finance, right. I think everyone listening,
either themselves or someone they know, has had some credit
card fraud or a hard hit on a credit report,
or whatever the case may be.
Speaker 4 (24:36):
This is just the world we live in.
Speaker 5 (24:38):
And now that there, the fraudsters are going after I
raise and beneficiaryforms. If you don't have the twenty five
documents you need before you die, it explains how to
do this to protect your loved ones from the inevitable
grade point.
Speaker 4 (24:56):
If that's not motivation, there isn't any there.
Speaker 3 (24:58):
Re Ison No, that Mike, and that that's a great
to put it too. That's a great way to phrase.
Speaker 5 (25:02):
Can you imagine I'd be rolling over in my grave
if some frogster stole my retirement funds from my kids?
Because I don't want to say people are in on it,
But how does that happen?
Speaker 3 (25:16):
I don't know. That's spooky. Wow. But let's bring it
back to how we can help. Yes, yes, yes, start
with the DoD two BUYO, get the twenty five docs
you need before you die. It's right in there, okay.
And then we have a supplemental questionnaire that's brand new.
You asked for it. Grab both okay, they're both fray.
(25:37):
Easiest way to do it again www dot Madison Managers
dot com. Click on one of the buttons. Hey, I
want to send an appointment, I need more info. Whatever
it happens to me, Click on any of them and
then just let us know. That is the easiest way
to do it now, Michael, I do want to continue
on a little bit. And I know I challenged you
with this last week. I'm going to challenge with you
(25:58):
with it again. Let me ask you has there been
and again guys, we have to say this. You guys
know it not a solicitation to buy sell hold. Has
there been a better trade over the past six weeks
than adding to your pillar two meaning adding to right
those of you locked in at today's higher rates, Right, Mike,
(26:21):
You locked it in so you could always add at
set rates, right at set guarantee rates. That's what sets
you apart from your neighbor. Okay, has there been a
better trade? Because the key here, guys, and we have
to express this over the air. You own a portfolio.
When you own pillar two. This this is not a
This is not a number. You know, a line item
(26:43):
number where you will get one, two and twelve dollars
per month for the rest of your life when you
choose to take it. You have an active portfolio, so
my check can go up, correct, Mike, So you can
leave some money to airs. Wait, that's something right.
Speaker 4 (26:58):
I still control my mind money more than that.
Speaker 5 (27:02):
I haven't given it to one of these pension insurance companies.
Speaker 3 (27:06):
It's still my money, correct.
Speaker 4 (27:09):
I still get to invest.
Speaker 3 (27:10):
In how I want disappear in the back room.
Speaker 5 (27:12):
I get to determine when I take the cash and
if I sit on it. And I don't need it tomorrow.
Even if the market goes down, my check next year.
Speaker 3 (27:22):
Will go up. Well done.
Speaker 5 (27:24):
Okay, so again everyone, Dan and I do not rehearse.
We just walk in here with our own thoughts. And
I tease last segment that a very famous wealthy author,
Susie Orman, and she said that retirees should have a
five year Daniel five year quote unquote justin case fund.
Speaker 3 (27:47):
Just come and here's the quote.
Speaker 5 (27:51):
I had people coming on glued on me when I
suggested retiree should have three to five years of savings
in a money market fund.
Speaker 3 (27:58):
Blah blah blah.
Speaker 5 (27:58):
Yeah, okay, Now I will agree with one thing said.
What if the stock market crash when you need your money.
That's everyone's biggest risk. That's why we put the protections
in place, so she said.
Speaker 3 (28:10):
He said, if you.
Speaker 4 (28:10):
Want to be on the safe side, it's five years.
Speaker 3 (28:13):
Okay.
Speaker 4 (28:14):
Here's my question, he Dan.
Speaker 5 (28:17):
We're an upstate in New York, no Western mass, Little
Jersey down in the city. Sure, everyone listening, do you
have five years of living expenses sitting in your checking
account right now? Maybe someone will say yeah, most of
(28:37):
us are going to say no.
Speaker 4 (28:38):
Here's I hate to be the super real.
Speaker 3 (28:40):
Well, and it's silly too, it's a waste of capital.
But let me just put it, let me just put
it this way. I will being the cynical one that
I am. I am more than willing to bat, more
than willing to bat. That she is pitching someone super
savings fund.
Speaker 4 (28:57):
Oh no, it x y Z banks quote unquote high yield.
Speaker 5 (29:03):
Absolutely, which is the biggest oxymoron in his time.
Speaker 3 (29:06):
Absolutely correct, because as Susie Ormond knows darn well that
you could do more for yourself and your family and
your loved ones by utilizing say, four years of saved
living expenses in any of the pillars that we speak about.
(29:27):
She knows two, three, four, or five.
Speaker 4 (29:28):
So let's think of this.
Speaker 5 (29:31):
I'm worried that someday I'm gonna need this money, Dan,
So instead of taking five years of living expenses, what
if I used Pillar two and I'm guaranteed a higher
income growth rate than any bank can pay me? Right
pillar three, I can have all the stock market stuff
(29:52):
I want. My principal is not going to ever get harmed.
Speaker 3 (29:55):
How is that possible to make? What? Whoa Mike, Mike,
as you like to say, say that to my goodiear again, Wait,
does that mean I'm fully inoculated against loss?
Speaker 4 (30:03):
And oh, all right, let's let's just keep going. Pill
her five.
Speaker 5 (30:08):
I'm guaranteed at today's rates at a minimum three percent
per year if the stock market does better eight nine percent?
Or do I keep that in my checking account like
this Ormond thinks I should. I mean, you're right, she's
getting she's been competenated, because this is one of the
(30:28):
silliest things I've ever heard. Now, I don't know this
as a fact, and I hope there's no litigation coming
my way for saying this. I'm not sure she's ever
had the responsibility of caring for someone else's money in
a professional capacity.
Speaker 3 (30:45):
I don't know what he is, but make no mistake,
maybe maybe she did.
Speaker 4 (30:50):
But but the things she's saying the book she writes,
I scratch my head.
Speaker 5 (30:56):
Well, let's just I'm just jealous. She's making twenty million dollars,
you're saying nothing.
Speaker 3 (31:01):
That's stunning, Mike, And you know me, I'm really speechless.
That's actually that's actually in front of this type stuff,
because you know, that's a pitch that that's definitively that
is definitively. That is definitively a pitch, guys. And let's
put it this way, Michael. Let's bring that back to
how we can help you. Okay, if you do feel
you have excess quote savings in a checking money market,
(31:26):
but whatever these accounts are called now it is, let
us at least send you some literature email fashion www
do on Madison Managers dot com. I think that's the
easiest way to get it. Okay, let us send you
some literature on pillar five. What Mike just talked about it.
It's that simple, guys, because at the very worst, right
(31:48):
at the very worst, with pillar five, Mike, again, here's
the thing, guys, if you have that sitting in a
traditional checking savings, high yield money market, whatever it is,
you're getting hit with a tax bill every year. Show
you how Pillar five shelters you from that.
Speaker 5 (32:03):
Let's see, I get to defer my tax I can guarantee
over my next call it five years, I'm gonna get
at least three percent a year. Maybe the market does
great and I get some seven eight nine percent years
and not paying taxes, so I'm compounding without the irs
in my pocket.
Speaker 3 (32:20):
Come on, and I can put a benef fishery designation on.
Speaker 5 (32:24):
That, Mic, So let's say January one, right, I put
my savings in Pillar five. Okay, Unfortunately I passed away
on March third. Everybody else their dollar's worth eighty cents.
My kids get the dollar back, and.
Speaker 3 (32:43):
You can start and your kids can start over. As
you always say, Mike, there reload. What do they do?
They're investing in a much less expensive market, right, Guys,
this is just if you are in that fortunate situation,
please you always to yourself because Pillar five is special.
Pillar five is very special.
Speaker 5 (33:04):
And if Drone Powell and the boys start lowering into
or so it goes, we don't talk.
Speaker 4 (33:11):
Once you're in, you're in, but you're not no new contestants.
Speaker 3 (33:14):
But the point is this, guys, pillar five is special.
So if you're in this Susie Ormond club with eight
years of living, expect or even I'm just jealous. Forget that, guys.
We say that tongue in cheek. But if you do
feel you have maybe too much money and a savings
money market checking account, let us at least start you
start the education with Pillar five. I think that's that's
(33:35):
the way to do it, Mike, Right, I mean, that's
it's just a no brainer. I can't do much more.
Speaker 4 (33:40):
I wish, I wish I was a better salesman.
Speaker 3 (33:43):
I'm just stop. We educate first, guys www dot Madison
Managers dot com. Let us get your Pillar five info,
let us get your Pillar two info. We can zap
those over. But more importantly, maybe maybe maybe let us
grab you those two brand new white papers which will
gloss up, will sheen up for you, and we'll send
them out by mail. Just grab them on the internet.
(34:04):
Let us know where to send them. It's that simple.
What on earth is the theme? Mister producer, You are.
Speaker 2 (34:11):
About to experience the planning for Prosperity Show three two Your.
Speaker 4 (34:25):
Journey.
Speaker 3 (34:27):
This is horrible, This is really this is not my
favorite journey. Happy we get everyone, Michael Brown, letting you
know that quote Journey is the managing director of Madison
Wealth Managers. I'm Daniel Planski of these Madison Wealth Managers.
If you guess the theme was power ballads, You're right.
You and mister producer were right. You're the only two.
(34:49):
I'm just going to say, yeah, you literally were the
only you worthy only two. So it's a very interesting
mister producer. That's sure what you were going for there, really,
but so so it does so it, babe, I did not.
It's how we will link it in, guys. Www dot
Madison Managers dot com. You guys like when I spell
it out, it's www dot M A D I S
(35:11):
O N M A N A g E r s
dot com. Use any one of those clickiboxes that say, hey,
I want more info. I want to send an appointment
any one of those guys. I have a question.
Speaker 4 (35:24):
Did I say the word unlike rather than dislike?
Speaker 3 (35:28):
I think so. I'm fanatically chanting. It's fine, Mike. We're
not gonna blame you because my press uses. My little
one is home. She's gonna But here's the point. Here's
the point. We're all gonna bring up back guys. If
you haven't yet, and again, thank you for all of
you that have. If you haven't yet, grab our brand
(35:48):
new white papers. They complement the D O D two
point zero and you asked for them, so we built these.
They're ready to rip. Let us get them out again.
We can email them out, guys. I think it's better tactile,
I really do.
Speaker 5 (36:03):
Let us print out and then you put it in
your safe with your twenty five docs.
Speaker 3 (36:08):
Absolutely, guys. So the way to do it again, just
request it at Madisonmanagers dot Com, use one of the clickboxes,
and again just give us address whatever whatever it is
phone number, however, we can get in touch and get
these two you wait.
Speaker 5 (36:22):
So we talked about I think it's segment one, maybe
touched on it in segment two. How these criminals are
now infiltrating, at least at this bank beneficiary designation names.
Speaker 4 (36:36):
Right, stealing the money after you go.
Speaker 5 (36:38):
But here is something these guys are so far ahead
of the good guys.
Speaker 4 (36:44):
Do you know where a lot of this happened? And
I'm gonna read it to you.
Speaker 3 (36:48):
I can only imagine.
Speaker 5 (36:50):
Fraudsters have no mercy, right, we get that scammers emerge
from their swamp and target people who are experiencing a crisis.
Speaker 3 (37:01):
Well that's normally how it goes.
Speaker 5 (37:03):
Think about this, and when you say crisis, I'm not
talking about a natural disaster.
Speaker 4 (37:07):
I'm talking your mom just passed away.
Speaker 3 (37:11):
You're in chrisis, a real christ a crisis to you? Yeah? Yeah?
Speaker 5 (37:14):
Can you imagine or put it the other way around?
My father passed years and years and years ago. My
mom is an elderly woman. But at that time, if
someone called her and said, we need a little information
to make sure we get the money from lend to
you in that moment when we're in crisis, she might
(37:37):
have given it to him.
Speaker 3 (37:40):
Right, think about that. Right, you're stressed.
Speaker 5 (37:43):
You have a lot of stimulus, of a lot of input,
a lot of negativity, and you think, maybe this person's
trying to help me. So here is this deceased person.
So security number, date of birth, bank account, this kind
of thing. Now, we're a little bit more sophisticated today.
Now this is twenty five years ago, but these guys
are getting more sophisticated. So in the d D you
(38:07):
need the twenty five documents you need before you die.
Speaker 3 (38:09):
You need to have all.
Speaker 4 (38:10):
Of that in there, plus the two new white.
Speaker 3 (38:13):
Papers, all guys. And again it's all free, so there's
no reason not to do it. Now, we've also thrown
a lot at you, Pillar two, guys. Please just get
educated on this. That's all that I asked. Let us educate.
If you walk away, you say, hey, it's not for me,
fair game. That's okay, that's that's okay. I can't say
I agree with that. Necessarily, but it's okay. Mike says
(38:36):
it's okay, fair game. And also we ready the silliness.
Who is it from Mike? That's what's Her name is Susie,
Susie Orman. We read you her ADVTI she's not listening, well,
she knows, come on, she's laughing. She's listening. She's she's
having her champagne.
Speaker 4 (38:52):
And were promoting her new looks.
Speaker 3 (38:54):
Absolutely, if she's listening, she's very thankful. The point is
this guy's if let's just rather than repeat the silliness
that she advised. If you will, if you feel that
you have quote too much money, excess savings, excess money
market excess b Leary, those high yield money by b
Leary of that wink wink, let us send you some
(39:17):
documentation just to get the conversation started on pillar five. Okay,
easiest way www. Dot Madison Managers dot com. Just click
on one of those clickies. Let us know. Hey, guys,
send me something on pillar five. I've got too much.
I think I've got too much. Whatever it happens to me.
Speaker 4 (39:32):
Pillar you can say, I don't know where to start.
Speaker 3 (39:36):
Just get me some stuff. Oh absolutely, absolutely, okay, I'm
gonna give you, guys, because I think Mike, again, I
don't know, guys, and we don't there's an argument. There's
a school of thought, and I'm going to pontificate here
for a minute. There is a school of thought where
if you have your pillar four in plus right, it
(39:57):
exhouse me your four pillars in plus and you work
with Mike and Dan and the team. There's a school
of thought where if I so chose, I can kind
of be set it and forget it, right, Mike. There's
a legitimate argument that can be made for that, and
that is important because.
Speaker 5 (40:18):
Not all of mediicination, not of all our clients want
to be a sponge to absorb this information absolutely. What
they want is say, if we do this, these are
our outcomes. Enough set I want to know what time
it is, not, how the watch works.
Speaker 3 (40:34):
And what do we call that? We call that defined
outcome investing, Right, Mike, that's my credo. Because we've got
a good friend of the show, and Brendan you are
listening right now, buddy, and you just started receiving guys.
This is again, listen, this is how it works. The
point is this is this is how close we can
(40:56):
come when we give you this defined outcome and asking, hey,
what am I going to get? Okay, you called, you called,
and you said, hey, hey, Dan, I can't believe we
sat down multiple years ago. I can't believe how closed
(41:17):
my check is to what we discussed.
Speaker 5 (41:24):
Our calculations are miracculate when the market is poor.
Speaker 3 (41:27):
And that's and here's the here's the point. Here's the point, guys.
Guess what Brendan and all of our pillar two friends,
Brendan that that that's not coming from a black box
at over an ultra show a name out there over
John Hancock or the Teacher's Retirement System of Arkansas or
whatever happens to me. He's got a portfolio. He's got
a growth portfolio. I know you do. He's got a
(41:51):
growth guys. He's got a growthy growth. He's got a
growthy growth portfolio. He's getting his guaranteed withdrawal for life,
his pension for life. He's getting that. And guess what
he didn't have before he sat down with us two
years ago. None of that too, None of the above, guys.
So it's gotta start with the conversation. Mike brought up
(42:11):
a great point. What do you call Mike, it's convenient.
It's it's convenient for us to do nothing if you will.
Speaker 4 (42:17):
I mean, it's a body in motion or a body
at rest.
Speaker 3 (42:21):
Yeah, yeah, you know, I get it. So we we do, guys,
We totally totally get it. And all we ask is
sit down, let us educate. We're not trying to push back.
And we're the first ones to say if we like
a portfolio, we like a portfolio. We're the first ones
to say that if you're on track, you're on track.
We might recommend a way to tweak here there, all right, Mike.
(42:43):
I mean we may say, hey, listen, if you've got
a lot of cash, you don't have a lot of
bond exposure for instance.
Speaker 5 (42:50):
No, but here's a boy, we shouldn't say bond bond fund, bond.
Speaker 3 (42:54):
Fund are But here's here's where I was going with this, Mike.
And you have a quote income need, we can show
you pillar two. You don't need tone, you don't need
tone any ponds.
Speaker 5 (43:04):
So for a minimal I'm gonna start with pillar five
and start to slowly move money to pillar two as
I'm getting closer to knowing what my income need might be.
Speaker 3 (43:14):
You know, what we're also seeing guys and and this
is for the folk that are a little bit more
up there in years, okay, right now, and I'm thinking
of a couple of clients specifically, speaking of cash, Mike,
we're seeing a lot of you step up to the
plate and say, hey, Dan, I've got this money at
the bank. Right It's sure as heck is not set
(43:36):
up for my beneficiaries to take over as highs I
would like. And oh, by the way, I'm listening, and
I hear Mike always time with this pillar five? Can
this work for me? Why? Yes, why Michael.
Speaker 5 (43:53):
Giggs and I brought the receipts because one of my
pillar fives reset at the end of Febuary before things
really got dicey ooh juicey. I get the statement and
I say, yay, yeah, guys, guys, let's I don't care
what's going on in Cutter or re Odd or Kiev
(44:15):
or Jerusalem. I do from a humanitarians standpoint, that stuff
doesn't bother my money.
Speaker 3 (44:21):
Mike, we didn't even talk about pillar four, you know,
this week. But because you don't like it, no, no, no, but.
Speaker 4 (44:26):
It's it's like the black sheep of the family.
Speaker 3 (44:28):
I don't know why the problem is such is that
when we talk about pillar four, which is really, as
Mike Brown says, avoiding the flat tires, right, that's what
it is. Avoiding the twenty percent down years, avoiding these
seventeen percent down heres, avoiding the eighteen percent down heres.
Walt participating sometimes fully.
Speaker 5 (44:46):
In it, especially in a down year when they give
you my money back and I'm reloading, reinvesting when the
market is down.
Speaker 3 (44:54):
And it's not a fight. And it's so simple, guys.
You can be index index boy or index girl. It's
it's that simple. But the point is this, Mike. I
think about that, Mike, and it just irks me so
much that someone dared, dared to tell one of our
clients that they were too young, yeah, to have the
(45:15):
particular It's like saying you're too old. It's so make
up anything, come come with. You're too healthy, You're you're
too wealthy, you look too good, you're too spry, you
look too good to actually want to accumulate wealth over time.
You're right, you just you know what, Joe, you just
looked too dark? Was it?
Speaker 5 (45:33):
Mark Twain has said, I'm more concerned the return of
my money than the return on my money.
Speaker 4 (45:39):
Just don't let me lose the money.
Speaker 3 (45:40):
Guys, I think it's a recap. Let us get you
if you want specific info on the pillars, I would
recommend right now, let's start with pillar two. Let's start
with pillar five, right, get that info out to you.
And in the meantime, also, guys, you gotta grab the
two new white papers which so many.
Speaker 4 (45:55):
Of you have, and we're gonna have another one.
Speaker 3 (45:57):
We're gonna have another one coming. We're gonna print that
off the pre But grab the two that already, we'll
gloss them up. We'll get them out. Easiest way to
do it, guys, go to www dot Madison Managers dot com.
It's www dot M A D I S O N
M A N A G E r s dot com.
Use the clicks, use the clickers. Let us know what
we can get you. Give us a phone number, we'll
(46:18):
get out, we'll customize it. It's all free, guys, we'll
see you in the office.
Securities and investment advisory services offered through Osaic Wealth Inc.
Member finraw as IPC oasaic Wealth is separately owned and
other entities and or marketing names, products or services referenced
here are independent of Osaic Wealth. Madison Wealth Managers and
Osaic Wealth Inc. Are separate and unrelated companies. Information provided
is for illustrative purposes only and does not constitute investment,
tax or legal advice. Information has been obtained from sources
(00:21):
deemed reliable, but its accuracy and completeness are not guaranteed.
Neither Osaic Wealth Inc. Nor Madison Wealth Managers accept any
liability for the use of the information discussed. Consult with
a qualified financial, legal, or tax professional before taking any action.
Any opinions expressed in this form are not the opinion
or view of Osaic Wealth Inc. Information in this illustration
has been obtained from sources believed to be reliable and
are subject to change without notification. The information presented is
(00:44):
provided for informational purposes only and not to be construed
as a recommendation or solicitation. Investors must make their own
determination as to the appropriateness of an investment or strategy
based on their specific investment objectives financial status and risk tolerance.
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Speaker 2 (01:04):
You are about to experience the planning for Prosperity Show
three two.
Speaker 3 (01:10):
Who here Fisarah Supply Chicago? Oh, good for you, Michael,
Michael Brown, Managing director Michael Brown planning for a Prosperity
radio hour, Happy Weekend.
Speaker 4 (01:26):
What's what's this guy's name? David Sata?
Speaker 3 (01:30):
I don't know how you know this? Such trivial matters,
if you will.
Speaker 4 (01:35):
I think it was not.
Speaker 5 (01:36):
When I was reading a People magazine, I was going
to say everyone was nineteen ninety eight.
Speaker 3 (01:41):
The discussions, Michael, that I've had with the cruise ship
members is not about Peter Satara. It's not really. I'd
say it's.
Speaker 4 (01:54):
You can't weave it in.
Speaker 3 (01:55):
I'll say it's sixty percent in favor of my music,
forty at best, like the classics six forty Blueberry Portfolio.
Speaker 4 (02:02):
But see that's why that's good.
Speaker 3 (02:05):
We just walked again. Guys, We're gonna start because we
are pleased to thank you shop. But if nothing separates
us from who deems to be competition out there understand
you guys all know this, who work with us and
who listen on these airs, we are please and thank you.
As Michael displays, he does an air display of a
(02:25):
most fabulous card that came in from a wonderful, wonderful client,
a great fan of the show. We're a great fan
of hers as well. Michael, please describe this to the listeners.
I'm not sure I can.
Speaker 5 (02:40):
So it is it is a it's a card, yes,
but it's more of a prop yes, because it's eight
inches high six inches wide, and it's three dimensional. And
at first I open it and Mary, thank you so much.
I open it and I said, what is happening here?
Speaker 3 (03:01):
There's the pond. The pond, Yes, I was going to say, Mike,
there's the care yes.
Speaker 4 (03:06):
Right, it says adventure awaits.
Speaker 3 (03:10):
Yeah, yeah, and it does. Love it and thank you
Mary as always. Just so you know, I did hand
the dynamic theme to mister producers, so beyond no, no, no,
I know nothing about what's being played. No, we're redaking this, Michael,
We are retaking these airs, make no mistake. Guys. Thank
(03:33):
you so much, and we're gonna go over this because
there were so many requests from you last week, and
we love it. So just keep pounding the internet. That's
the easiest way to do it. It's www dot Madisonmanagers dot com.
That's www dot m A D I S O N
Managers m A N A G E R s dot com.
(03:55):
You're gonna use the clickboxes. I used to call them textboxes.
I guess they're not really textboxes. Whatever will say request
more information, It will say set an appointment. Press any
one of those and just say that you want the
new white papers. There are two of them. You drove
these white papers, you requested them. We produce them. They
(04:19):
are now ready. They are now coming off the assembly line.
We again, in my opinion, everyone get them glossy. Let
us mail them to you. What they are and Michael,
I see you have your DoD two point zero open.
Really what they are is they're meant to be compliments
because you asked. You asked for more, Mike. It's that simple,
right You and I love it. I don't really love it,
(04:41):
well you don't. You don't love it because of caution,
Budy toy ship these that I love it.
Speaker 5 (04:45):
And I have to spend the time when I'm in
the swamp but instead of hunting and fishing and such,
what are.
Speaker 3 (04:52):
You fishing for in the pond some Sardinian lukewarman can
beer or the hot dog that fell in to hot
talk that fell in. Yes, Now the point is, guys,
we have two Hall of Fame documents. Simply put in
the DoD two point zero. So again this is the
reminder if you don't have DoD two point zero, easiest
way to think about it. It is professionally bound and
(05:15):
in our opinion we are allowed to have opinions. It
is our best estate planning work ever. Okay, so this
is meant to last a lifetime. Simply put. Point is this,
we have two Hall of famers. One is called twenty
five Documents you Need before you die. It's a one pager.
It's an infographic if you will right, it's that a
nice way to put them on infographic. Do you like that?
Speaker 4 (05:33):
I would call it a picture picture, it's a picture.
Speaker 3 (05:36):
The other the other is what to do when a
loved one dies, which is simply put bullet points two pages,
two pages, the way you like to consume it. And
it was all of us getting together and talking about
what needs to be done, what we've seen out there,
our experiences, et cetera, et cetera, And I will all
(05:57):
but guarantee that's seventy five percent. So I'll put it
this way. You are an estate planning expert. Okay, if
you know seventy five percent of these items, and or
I've thought of seventy five percent of these items, because
I don't think seventy five percent anyone would think of you? Ready, Ready,
this is a first Yes. Please.
Speaker 4 (06:15):
It was a letter. It's called be vigilant with your finances.
Speaker 5 (06:19):
My IRA, my retirement account had an unknown beneficiary added.
Speaker 3 (06:25):
How can this happen? WHOA?
Speaker 5 (06:28):
Now it has my attention right now, because if you
have the DoD the twenty five documents need before you die,
all your beneficiary things there. So this gentleman in this
sense two decades his son was his beneficiary, Dan, I
get it. He wanted to add another beneficiary, so he
(06:49):
went to the bank. They don't tell me what bank
it is. They went to the bank and there was
someone named as the beneficiary ever met in his entire life.
Speaker 3 (07:02):
Wow.
Speaker 5 (07:02):
So they started to dig a little deeper and they've
come out with they think it's a fraudster. Okay, Okay,
it could just be human error. But it goes back
to in the DoD what do we need to be
vigilant of? So this is prior to when your loved
one dies, because it's too late then, because a beneficiary
(07:23):
designation overrides a will. Yeah, I can list anyone is
my beneficiary, and then I can name someone else in
my will. The Beneficiary Designation Forum Supreme Court ruled on
this years and years and years ago that Trump's the will.
Now here's what they said. Fraudsters have no mercy. They'll
(07:49):
take anything they can and we know this, but this
is the first I've heard of people infiltrating a bank
and changing beneficiary forms.
Speaker 3 (08:02):
It's such a difference, it's so devious. I mean, this is.
Speaker 5 (08:06):
Why we have to review things periodically and over and
over and over again. And you should have copies of
your beneficiary forms. You should call your institution and say, hey,
just send me a copy of that, would you.
Speaker 4 (08:19):
And if it's not what you want, the good news
is you can change it.
Speaker 3 (08:22):
I'm going to give you a little advertisement, okay, since
we can for what we do at Madison Wealth when
it comes to helping you settle your state. Okay, I'll
give you this real Worldmike Clients again. Elderly, elderly mom
passed away. Mom passed away, Mom had an insurance vehicle
insurance product. Right, we obviously have to be in touch
(08:45):
with the insurre. Right, We're in touch with the insurer immediately.
In addition to other items iras, et cetera, et cetera.
We got in touch with the insure. Let them know,
here's the situation. Okay, how about this. We got the
documents that needed to be signed so that dad, husband
right could inherit this vehicle, right, could inherit this vehicle.
(09:07):
We got the documents back before they even got the
initial documents from the insurance in a mail.
Speaker 4 (09:15):
How is that?
Speaker 3 (09:16):
How's that, Michael Brown? That Trump's the one eight hundred
number every day of the week. I mean that that
makes me happy? Is that amazing? Though? Like it because that's.
Speaker 5 (09:25):
How it should goltely, it just never does, especially that
I'm going to be stereotypical here, I call the eight
hundred number. And now it's someone in the Far East
whose English is maybe the fourth language. It's very difficult
to understand. They cannot understand us.
Speaker 3 (09:48):
Right. It used to be India.
Speaker 4 (09:49):
Now it's all moving to Thailand, right, yeah, Vietnam, et cetera,
et cetera.
Speaker 3 (09:54):
Right.
Speaker 5 (09:55):
Not only do you have the legal hoops to jump through,
we have a community block.
Speaker 4 (10:01):
This is unacceptable, and.
Speaker 3 (10:02):
Then you may not. Let's let's keep it really simple. Guys,
you may not have forty eight minutes to wait on
hold necessary lucky whilst you're at work. So let us
help you out, guys, real world story, guys. Grab the
two brand, brand new white papers. You guys have been great,
keep it up. Easiest way right now to request those
white papers is www dot Madison Managers dot com. Just
(10:25):
click on one of those clicking boxes and let us
know however many copies you want. We'll print them out,
plint them out. How's that? Or plan them We'll plank
them out for you, nice and glossy for free. Guys.
Just let us know. Go there right now Www Dot
Madison Managers dot com. Let's see it right back.
Speaker 2 (10:45):
You are about your experience the Planning for Prosperity show
A three two.
Speaker 3 (10:57):
Seline Happy Weekend, Dannie Polanski, Michael Brown, Managing director, Michael Brown.
Oh yes, yes, what do you think it was? Rachel
Scion I don't know you see what the problem is
(11:17):
here everyone, as you know, one of many, welcome aboard
the cruise ship. For those of you who are new
Madison Wealth Managers. As we like to say, the cruise
ship is that the port. Please step aboard.
Speaker 5 (11:32):
And join us in the haven and let us aboard
the cruise and let us exactly where.
Speaker 4 (11:38):
You're gonna have your own personal echry.
Speaker 3 (11:40):
Let us educate, educate, educate, educate, guys. And I'm going
to touch in this segment on an area that I
really think we're making huge inroads with you, and I
love it. Michael Hazard, guess Hazard? May I sure you're
gonna say pillar too. Absolutely. First, guys, we have to
(12:03):
only because we are pleased and thank you to the
core here at Madison. We have to thank you for
those of you who have already requested your white papers,
your free white papers that you asked for, and these
new ones are gold, the gold you guys. It's really simple.
You asked for them. We are delivering on your request.
I suggest you have us print them out, will make
them nice and glossy, and we'll send them out to you.
(12:25):
There are two, okay, there are two. Grab them. They
are meant to be compliments to items in the DoD
version two point zero. Easiest way to request your copies
www dot Madison Managers dot com. I'll spell it out.
It's m A D I S O N M A
N A G E r s dot com. Please use
(12:45):
one of the clickie boxes clickies so it'll say requests
and appointment meet Mike Brown, whatever it happens to me.
Click on any one of them. Okay, and then just
let us know how many copies of each you would like.
Okay again, we are delivering these four they were requested
by you. We produce them for you, and we will
ship them to you. And here's the key for free,
(13:06):
well for free, Danny.
Speaker 5 (13:08):
Now, I complain every week, yes when Madison Nation says,
give me more information on this, and then we deliver it.
Speaker 3 (13:14):
Yes.
Speaker 5 (13:15):
And in segment one, we talked about how fraudsters, scammers,
let's just call them thieves, it is what it is,
are somehow getting into bank beneficiary designation forms.
Speaker 3 (13:27):
You know, in this article we talked about know what
we need next?
Speaker 5 (13:32):
A beneficiary designation form review checklist?
Speaker 3 (13:36):
Oh, find it, write that down. Mister producers said, yea, yes,
get we'll find it, guys. We'll design it. Absolutely, we'll
get that. We'll get that, because.
Speaker 4 (13:44):
That's one of the scariest things I've ever heard in
my life.
Speaker 3 (13:47):
Yeah, if you missed it.
Speaker 5 (13:48):
Last segment, gentlemen went to update his beneficiary form. His
son was removed and a total stranger was added as beneficiary.
Speaker 3 (13:58):
So if he had.
Speaker 5 (13:58):
Passed away Dan, no matter what his will said the
beneficiary Designation Form, Trump's the will, this stranger, whoever these
people are, would have received everything in the IRA. So
we need a IRA Beneficiary Form review checklist.
Speaker 4 (14:17):
I'm on it. We're gonna get that done. Scare the Jesus.
Speaker 3 (14:21):
Out of me. Great, great job, guys. I want to
talk about something that I again near and dear to
my heart, and I think you really are based on
the number. It's just the number, simply put. The more
and more of you that sit down, the more and
more of you that sit down with us, that listen
to us, that get educated on the pillars. Okay, for
(14:41):
those of you are new, there are four pillars that
we believe should undergird right, should undergird your investment. What
would you call it my thesis? If you will, your
investment portfolio your go forward approach into the world. From
time to time we add a fifth pillar. Okay, right now,
it is in existence and it is special, but there
(15:03):
are four core pillars. Now I like to speak about
pillar two. And Pillar two really conceptually is simply put,
it is your own personal pension. It is guaranteed income
for life, guaranteed withdrawal for life. All the language runs,
whatever you want to call it. All the language runs.
Speaker 4 (15:24):
I want to call it a check in my mailbox
every thirty day.
Speaker 3 (15:27):
Great, Mike, that's the way.
Speaker 5 (15:29):
Let's break it down. Every month in my checking account.
I want to see some money.
Speaker 3 (15:34):
That's great, Mike, that's super that's super simple. And I
think what's ringing true, Mike, is the language that we're
starting to use. And those of you who are unfamiliar
with the show, we like to talk about blueberry portfolios
and can we explain it. Yes, that's one of my
favorite Please run it, Mike, Please tell us what the
blueberry portfolio is.
Speaker 5 (15:54):
So, the big box bank stores have what's called their
preferred list, right, their designated list of mutual fund of
mutual fund companies that write the biggest checks to them.
Speaker 3 (16:09):
So that okay, how do I get on the recommended list.
Speaker 4 (16:13):
That's so you're the bank. I am mutual fund company.
Speaker 5 (16:17):
Ain't I want you to force all of your salespeople
to sell my mutual fund absolutely, so that I can
make a lot of money, wouldn't I but to do so.
Speaker 3 (16:31):
It's like going to a concert.
Speaker 5 (16:32):
You have to buy a ticket, you got to pay,
except these tickets run into tens of millions of dollars.
Speaker 3 (16:40):
So it's not enough product.
Speaker 5 (16:44):
Who's got who's got the biggest checkbooks?
Speaker 3 (16:47):
Record?
Speaker 5 (16:48):
So I've paid you, and now I'm on what's called
your platform. I am now on the four butterfly list,
whatever you want to.
Speaker 3 (16:57):
Call this stuff.
Speaker 5 (16:58):
And hence one or two or three or my mutual
funds are in the Blueberry portfolio, yes, which is a
combination of who knows what.
Speaker 3 (17:07):
How many funds do we typically find in a Blueberry portfolio?
Speaker 5 (17:10):
Man, I mean it could be as few as a dozen.
And as it's us the record that we saw, I
think it was forty one. I was gonna say it
was forty two, Wasn't it was forty one or forty
two something like that. So if I'm the fund company
and you want me to pay you, I'm gonna make
up a number ten million dollars. I might get three
of my funds in the Blueberry portfolio. If I can
(17:31):
only a cup with a couple million bucks, I'm gonna
have one fund. But they only put a two percent
of the dollar of my money.
Speaker 3 (17:39):
Right right. And that's a good point too, Mike. You
can play for percent too, So in other words, more
of your fund goes into the pie. Here is what
we've been really hammering home, and this is what's clicking.
I think, is that, regardless of your feeling around the
Blueberry portfolio, I love how it's performing. I love Blueberry
(18:00):
portfolio so good, so so good. Whatever, whatever it is
compared to what it doesn't matter, whatever it is, whatever.
Speaker 5 (18:07):
Your intergalactic small car.
Speaker 3 (18:11):
Okay, good, all right, we got The point is this,
we can duplicate that Blueberry portfolio if that is your wish.
If that is your wish, I wish. We couldn't in
pillar two. So, in other words, a side to side
move you could do it in pillar three, right, absolutely,
But in pillar two we can do a side by
side move right and put a guaranteed rate that you
(18:37):
can pull out to enjoy in your retirement for life.
You can add a spouse who can also do the same, right,
and and and you can have a death benefit. But
I don't want to get too far into the weeds.
So the big difference is if I sit in my
blueberry portfolio without without putting the guarantee around it, when
(19:01):
I pull out all the molah, Right, when I pull
out all the molah, I'm going back to work. It's
that simple, right, Mike. Or it's just gonna take a
walk in the woods and not come back. Whatever it
happens today, Okay, when you have the protected blueberry portfolio,
which remember, guys, just takes a side to side move.
Nothing other than that. And this is for those that
(19:23):
love the blueberry portfolio. We're not even to talk about
upgrading the portfolio or if you just want to go
side to side. Guys, the check keeps coming, the check
keeps coming. So let me think about this for about
a quarter of a second. Why would I not do that?
Let's see convenience of doing nothing, Mike, And we had
(19:45):
this conversation right before we went on air, and I said,
what is the impediment? What is it? Because we know
when we sit down with you guys, after you've heard
us on these airs. We've talked to you on the
phone maybe couple of times. You come in, you sit down,
you feel comfortable, You get it. But what we're trying
(20:06):
to get at is why on earth is someone who's
listening right now not picking up the phone, not using
the email or whatever it is, the electric electronic thing
you think and saying, give me some information on pillar two. Guys,
just get me started. But what is it? Mike?
Speaker 5 (20:27):
You think it's convene, You think now this is this
is gonna come out as crass, and it's not crass.
Speaker 3 (20:35):
Mike's a big behavioral finance man.
Speaker 4 (20:37):
Like we are, all inherently more comfy doing nothing than
doing something.
Speaker 3 (20:45):
That's life. That's life.
Speaker 5 (20:47):
Dan, did you go for a job last night? I
absolutely neither did I should we have? Yes, we probably should,
of course. Did you eat vegetables this morning?
Speaker 3 (20:56):
I actually skipped my veggies this morning?
Speaker 5 (20:58):
Okay, we should, but we didn't because it was easier
not to. It's easier to go through the drive through
than to go to the grocery store.
Speaker 3 (21:06):
All right, let's keep it this simple, everybody, If you
don't have exposure to pillar two and you're listening right, now. Please,
here's the easiest way to do it www dot Madison
Managers dot com. M A D I S O N
M A N A G E R s dot com.
Use the clickbox and just say, guys, send me email me.
(21:29):
You can totally email that to get the conversation. Start
email what you have high level on Pillar two, let's
get this going.
Speaker 5 (21:39):
Guys, everyone, you gotta stick around for the next segment
because all these people who think Susie Orman is this oracle,
we're about to absolutely shred her to death.
Speaker 3 (21:50):
Please, guys, Pillar two info request and get those white
papers Madison Managers dot com. We'll see right back it.
Speaker 2 (21:58):
You are about your experien Yes, the Planning for Prosperity
shows three two.
Speaker 3 (22:09):
Tell oh, I can see Michael Bolton that great hair.
It had to be a wig though, don't it goes away?
Speaker 5 (22:19):
I don't know.
Speaker 4 (22:20):
His flow still bothers me to this day.
Speaker 3 (22:23):
Yeah, Michael Brown, Well you've done some things to your
hair over the years, as we know. Michael Brown Man circle. No, no,
you call everyone do yourselves a favor. If you know Michael.
If you do not know Michael, why do we have
to go here? Michael is the only one whose hair
is better now than twenty years ago. I have product.
(22:46):
Look at Michael. Do yourself a vor Go to www
dot Madison Managers dot com click on meet Michael Brown.
Now we've all talked about that being a model, okay,
and that's again, this is a much younger model. That's
a twenty five year old man.
Speaker 5 (22:58):
It's before a photo shot. It's before it was just
a nice joy.
Speaker 3 (23:02):
It was a nice young man. We grabbed him off
the street. Whatever's fine. It was photoday. We grabbed this
good looking kid. That's what we do. So the point
is this, Michael Brown's hair now is fuller, thicker, richer
than it was twenty years ago. I know that. I
know it's fact. So whatever he's doing, guys, we know
(23:22):
this is a financial planning show, investment planning, investment strategy,
but it is also a show where we want to
give opinion and we want to motivate you to do something.
Speaker 4 (23:32):
Okay, and I'm not caring for your opinion about my hair.
Speaker 3 (23:34):
Call Michael or get us on www dot Madison Managers
dot com. M A D I S O N M
A N A g E r s and ask what
he is putting in that in or what he's had
weaved into that and it again, it.
Speaker 4 (23:49):
Could just be a befond, it's a new pamad it.
Speaker 3 (23:54):
Sure is. Thank you so much for being with us. Everybody. Again,
we have to again we keep bringing back to you
because it's all about you. You wanted based on our
two we've we've got to We've got so many heavy
hitting documents in the DoD two plane, O Mike. And again, guys,
if you don't have DoD two plane, oh this simple
professionally bound. We feel it's our best estate planning work ever.
(24:15):
It's meant to last a lifetime. And guys, this is
the fact it's free. Okay, it's free.
Speaker 5 (24:20):
We talk about behavioral finance, right. I think everyone listening,
either themselves or someone they know, has had some credit
card fraud or a hard hit on a credit report,
or whatever the case may be.
Speaker 4 (24:36):
This is just the world we live in.
Speaker 5 (24:38):
And now that there, the fraudsters are going after I
raise and beneficiaryforms. If you don't have the twenty five
documents you need before you die, it explains how to
do this to protect your loved ones from the inevitable
grade point.
Speaker 4 (24:56):
If that's not motivation, there isn't any there.
Speaker 3 (24:58):
Re Ison No, that Mike, and that that's a great
to put it too. That's a great way to phrase.
Speaker 5 (25:02):
Can you imagine I'd be rolling over in my grave
if some frogster stole my retirement funds from my kids?
Because I don't want to say people are in on it,
But how does that happen?
Speaker 3 (25:16):
I don't know. That's spooky. Wow. But let's bring it
back to how we can help. Yes, yes, yes, start
with the DoD two BUYO, get the twenty five docs
you need before you die. It's right in there, okay.
And then we have a supplemental questionnaire that's brand new.
You asked for it. Grab both okay, they're both fray.
(25:37):
Easiest way to do it again www dot Madison Managers
dot com. Click on one of the buttons. Hey, I
want to send an appointment, I need more info. Whatever
it happens to me, Click on any of them and
then just let us know. That is the easiest way
to do it now, Michael, I do want to continue
on a little bit. And I know I challenged you
with this last week. I'm going to challenge with you
(25:58):
with it again. Let me ask you has there been
and again guys, we have to say this. You guys
know it not a solicitation to buy sell hold. Has
there been a better trade over the past six weeks
than adding to your pillar two meaning adding to right
those of you locked in at today's higher rates, Right, Mike,
(26:21):
You locked it in so you could always add at
set rates, right at set guarantee rates. That's what sets
you apart from your neighbor. Okay, has there been a
better trade? Because the key here, guys, and we have
to express this over the air. You own a portfolio.
When you own pillar two. This this is not a
This is not a number. You know, a line item
(26:43):
number where you will get one, two and twelve dollars
per month for the rest of your life when you
choose to take it. You have an active portfolio, so
my check can go up, correct, Mike, So you can
leave some money to airs. Wait, that's something right.
Speaker 4 (26:58):
I still control my mind money more than that.
Speaker 5 (27:02):
I haven't given it to one of these pension insurance companies.
Speaker 3 (27:06):
It's still my money, correct.
Speaker 4 (27:09):
I still get to invest.
Speaker 3 (27:10):
In how I want disappear in the back room.
Speaker 5 (27:12):
I get to determine when I take the cash and
if I sit on it. And I don't need it tomorrow.
Even if the market goes down, my check next year.
Speaker 3 (27:22):
Will go up. Well done.
Speaker 5 (27:24):
Okay, so again everyone, Dan and I do not rehearse.
We just walk in here with our own thoughts. And
I tease last segment that a very famous wealthy author,
Susie Orman, and she said that retirees should have a
five year Daniel five year quote unquote justin case fund.
Speaker 3 (27:47):
Just come and here's the quote.
Speaker 5 (27:51):
I had people coming on glued on me when I
suggested retiree should have three to five years of savings
in a money market fund.
Speaker 3 (27:58):
Blah blah blah.
Speaker 5 (27:58):
Yeah, okay, Now I will agree with one thing said.
What if the stock market crash when you need your money.
That's everyone's biggest risk. That's why we put the protections
in place, so she said.
Speaker 3 (28:10):
He said, if you.
Speaker 4 (28:10):
Want to be on the safe side, it's five years.
Speaker 3 (28:13):
Okay.
Speaker 4 (28:14):
Here's my question, he Dan.
Speaker 5 (28:17):
We're an upstate in New York, no Western mass, Little
Jersey down in the city. Sure, everyone listening, do you
have five years of living expenses sitting in your checking
account right now? Maybe someone will say yeah, most of
(28:37):
us are going to say no.
Speaker 4 (28:38):
Here's I hate to be the super real.
Speaker 3 (28:40):
Well, and it's silly too, it's a waste of capital.
But let me just put it, let me just put
it this way. I will being the cynical one that
I am. I am more than willing to bat, more
than willing to bat. That she is pitching someone super
savings fund.
Speaker 4 (28:57):
Oh no, it x y Z banks quote unquote high yield.
Speaker 5 (29:03):
Absolutely, which is the biggest oxymoron in his time.
Speaker 3 (29:06):
Absolutely correct, because as Susie Ormond knows darn well that
you could do more for yourself and your family and
your loved ones by utilizing say, four years of saved
living expenses in any of the pillars that we speak about.
(29:27):
She knows two, three, four, or five.
Speaker 4 (29:28):
So let's think of this.
Speaker 5 (29:31):
I'm worried that someday I'm gonna need this money, Dan,
So instead of taking five years of living expenses, what
if I used Pillar two and I'm guaranteed a higher
income growth rate than any bank can pay me? Right
pillar three, I can have all the stock market stuff
(29:52):
I want. My principal is not going to ever get harmed.
Speaker 3 (29:55):
How is that possible to make? What? Whoa Mike, Mike,
as you like to say, say that to my goodiear again, Wait,
does that mean I'm fully inoculated against loss?
Speaker 4 (30:03):
And oh, all right, let's let's just keep going. Pill
her five.
Speaker 5 (30:08):
I'm guaranteed at today's rates at a minimum three percent
per year if the stock market does better eight nine percent?
Or do I keep that in my checking account like
this Ormond thinks I should. I mean, you're right, she's
getting she's been competenated, because this is one of the
(30:28):
silliest things I've ever heard. Now, I don't know this
as a fact, and I hope there's no litigation coming
my way for saying this. I'm not sure she's ever
had the responsibility of caring for someone else's money in
a professional capacity.
Speaker 3 (30:45):
I don't know what he is, but make no mistake,
maybe maybe she did.
Speaker 4 (30:50):
But but the things she's saying the book she writes,
I scratch my head.
Speaker 5 (30:56):
Well, let's just I'm just jealous. She's making twenty million dollars,
you're saying nothing.
Speaker 3 (31:01):
That's stunning, Mike, And you know me, I'm really speechless.
That's actually that's actually in front of this type stuff,
because you know, that's a pitch that that's definitively that
is definitively. That is definitively a pitch, guys. And let's
put it this way, Michael. Let's bring that back to
how we can help you. Okay, if you do feel
you have excess quote savings in a checking money market,
(31:26):
but whatever these accounts are called now it is, let
us at least send you some literature email fashion www
do on Madison Managers dot com. I think that's the
easiest way to get it. Okay, let us send you
some literature on pillar five. What Mike just talked about it.
It's that simple, guys, because at the very worst, right
(31:48):
at the very worst, with pillar five, Mike, again, here's
the thing, guys, if you have that sitting in a
traditional checking savings, high yield money market, whatever it is,
you're getting hit with a tax bill every year. Show
you how Pillar five shelters you from that.
Speaker 5 (32:03):
Let's see, I get to defer my tax I can guarantee
over my next call it five years, I'm gonna get
at least three percent a year. Maybe the market does
great and I get some seven eight nine percent years
and not paying taxes, so I'm compounding without the irs
in my pocket.
Speaker 3 (32:20):
Come on, and I can put a benef fishery designation on.
Speaker 5 (32:24):
That, Mic, So let's say January one, right, I put
my savings in Pillar five. Okay, Unfortunately I passed away
on March third. Everybody else their dollar's worth eighty cents.
My kids get the dollar back, and.
Speaker 3 (32:43):
You can start and your kids can start over. As
you always say, Mike, there reload. What do they do?
They're investing in a much less expensive market, right, Guys,
this is just if you are in that fortunate situation,
please you always to yourself because Pillar five is special.
Pillar five is very special.
Speaker 5 (33:04):
And if Drone Powell and the boys start lowering into
or so it goes, we don't talk.
Speaker 4 (33:11):
Once you're in, you're in, but you're not no new contestants.
Speaker 3 (33:14):
But the point is this, guys, pillar five is special.
So if you're in this Susie Ormond club with eight
years of living, expect or even I'm just jealous. Forget that, guys.
We say that tongue in cheek. But if you do
feel you have maybe too much money and a savings
money market checking account, let us at least start you
start the education with Pillar five. I think that's that's
(33:35):
the way to do it, Mike, Right, I mean, that's
it's just a no brainer. I can't do much more.
Speaker 4 (33:40):
I wish, I wish I was a better salesman.
Speaker 3 (33:43):
I'm just stop. We educate first, guys www dot Madison
Managers dot com. Let us get your Pillar five info,
let us get your Pillar two info. We can zap
those over. But more importantly, maybe maybe maybe let us
grab you those two brand new white papers which will
gloss up, will sheen up for you, and we'll send
them out by mail. Just grab them on the internet.
(34:04):
Let us know where to send them. It's that simple.
What on earth is the theme? Mister producer, You are.
Speaker 2 (34:11):
About to experience the planning for Prosperity Show three two Your.
Speaker 4 (34:25):
Journey.
Speaker 3 (34:27):
This is horrible, This is really this is not my
favorite journey. Happy we get everyone, Michael Brown, letting you
know that quote Journey is the managing director of Madison
Wealth Managers. I'm Daniel Planski of these Madison Wealth Managers.
If you guess the theme was power ballads, You're right.
You and mister producer were right. You're the only two.
(34:49):
I'm just going to say, yeah, you literally were the
only you worthy only two. So it's a very interesting
mister producer. That's sure what you were going for there, really,
but so so it does so it, babe, I did not.
It's how we will link it in, guys. Www dot
Madison Managers dot com. You guys like when I spell
it out, it's www dot M A D I S
(35:11):
O N M A N A g E r s
dot com. Use any one of those clickiboxes that say, hey,
I want more info. I want to send an appointment
any one of those guys. I have a question.
Speaker 4 (35:24):
Did I say the word unlike rather than dislike?
Speaker 3 (35:28):
I think so. I'm fanatically chanting. It's fine, Mike. We're
not gonna blame you because my press uses. My little
one is home. She's gonna But here's the point. Here's
the point. We're all gonna bring up back guys. If
you haven't yet, and again, thank you for all of
you that have. If you haven't yet, grab our brand
(35:48):
new white papers. They complement the D O D two
point zero and you asked for them, so we built these.
They're ready to rip. Let us get them out again.
We can email them out, guys. I think it's better tactile,
I really do.
Speaker 5 (36:03):
Let us print out and then you put it in
your safe with your twenty five docs.
Speaker 3 (36:08):
Absolutely, guys. So the way to do it again, just
request it at Madisonmanagers dot Com, use one of the clickboxes,
and again just give us address whatever whatever it is
phone number, however, we can get in touch and get
these two you wait.
Speaker 5 (36:22):
So we talked about I think it's segment one, maybe
touched on it in segment two. How these criminals are
now infiltrating, at least at this bank beneficiary designation names.
Speaker 4 (36:36):
Right, stealing the money after you go.
Speaker 5 (36:38):
But here is something these guys are so far ahead
of the good guys.
Speaker 4 (36:44):
Do you know where a lot of this happened? And
I'm gonna read it to you.
Speaker 3 (36:48):
I can only imagine.
Speaker 5 (36:50):
Fraudsters have no mercy, right, we get that scammers emerge
from their swamp and target people who are experiencing a crisis.
Speaker 3 (37:01):
Well that's normally how it goes.
Speaker 5 (37:03):
Think about this, and when you say crisis, I'm not
talking about a natural disaster.
Speaker 4 (37:07):
I'm talking your mom just passed away.
Speaker 3 (37:11):
You're in chrisis, a real christ a crisis to you? Yeah? Yeah?
Speaker 5 (37:14):
Can you imagine or put it the other way around?
My father passed years and years and years ago. My
mom is an elderly woman. But at that time, if
someone called her and said, we need a little information
to make sure we get the money from lend to
you in that moment when we're in crisis, she might
(37:37):
have given it to him.
Speaker 3 (37:40):
Right, think about that. Right, you're stressed.
Speaker 5 (37:43):
You have a lot of stimulus, of a lot of input,
a lot of negativity, and you think, maybe this person's
trying to help me. So here is this deceased person.
So security number, date of birth, bank account, this kind
of thing. Now, we're a little bit more sophisticated today.
Now this is twenty five years ago, but these guys
are getting more sophisticated. So in the d D you
(38:07):
need the twenty five documents you need before you die.
Speaker 3 (38:09):
You need to have all.
Speaker 4 (38:10):
Of that in there, plus the two new white.
Speaker 3 (38:13):
Papers, all guys. And again it's all free, so there's
no reason not to do it. Now, we've also thrown
a lot at you, Pillar two, guys. Please just get
educated on this. That's all that I asked. Let us educate.
If you walk away, you say, hey, it's not for me,
fair game. That's okay, that's that's okay. I can't say
I agree with that. Necessarily, but it's okay. Mike says
(38:36):
it's okay, fair game. And also we ready the silliness.
Who is it from Mike? That's what's Her name is Susie,
Susie Orman. We read you her ADVTI she's not listening, well,
she knows, come on, she's laughing. She's listening. She's she's
having her champagne.
Speaker 4 (38:52):
And were promoting her new looks.
Speaker 3 (38:54):
Absolutely, if she's listening, she's very thankful. The point is
this guy's if let's just rather than repeat the silliness
that she advised. If you will, if you feel that
you have quote too much money, excess savings, excess money
market excess b Leary, those high yield money by b
Leary of that wink wink, let us send you some
(39:17):
documentation just to get the conversation started on pillar five. Okay,
easiest way www. Dot Madison Managers dot com. Just click
on one of those clickies. Let us know. Hey, guys,
send me something on pillar five. I've got too much.
I think I've got too much. Whatever it happens to me.
Speaker 4 (39:32):
Pillar you can say, I don't know where to start.
Speaker 3 (39:36):
Just get me some stuff. Oh absolutely, absolutely, okay, I'm
gonna give you, guys, because I think Mike, again, I
don't know, guys, and we don't there's an argument. There's
a school of thought, and I'm going to pontificate here
for a minute. There is a school of thought where
if you have your pillar four in plus right, it
(39:57):
exhouse me your four pillars in plus and you work
with Mike and Dan and the team. There's a school
of thought where if I so chose, I can kind
of be set it and forget it, right, Mike. There's
a legitimate argument that can be made for that, and
that is important because.
Speaker 5 (40:18):
Not all of mediicination, not of all our clients want
to be a sponge to absorb this information absolutely. What
they want is say, if we do this, these are
our outcomes. Enough set I want to know what time
it is, not, how the watch works.
Speaker 3 (40:34):
And what do we call that? We call that defined
outcome investing, Right, Mike, that's my credo. Because we've got
a good friend of the show, and Brendan you are
listening right now, buddy, and you just started receiving guys.
This is again, listen, this is how it works. The
point is this is this is how close we can
(40:56):
come when we give you this defined outcome and asking, hey,
what am I going to get? Okay, you called, you called,
and you said, hey, hey, Dan, I can't believe we
sat down multiple years ago. I can't believe how closed
(41:17):
my check is to what we discussed.
Speaker 5 (41:24):
Our calculations are miracculate when the market is poor.
Speaker 3 (41:27):
And that's and here's the here's the point. Here's the point, guys.
Guess what Brendan and all of our pillar two friends,
Brendan that that that's not coming from a black box
at over an ultra show a name out there over
John Hancock or the Teacher's Retirement System of Arkansas or
whatever happens to me. He's got a portfolio. He's got
a growth portfolio. I know you do. He's got a
(41:51):
growth guys. He's got a growthy growth. He's got a
growthy growth portfolio. He's getting his guaranteed withdrawal for life,
his pension for life. He's getting that. And guess what
he didn't have before he sat down with us two
years ago. None of that too, None of the above, guys.
So it's gotta start with the conversation. Mike brought up
(42:11):
a great point. What do you call Mike, it's convenient.
It's it's convenient for us to do nothing if you will.
Speaker 4 (42:17):
I mean, it's a body in motion or a body
at rest.
Speaker 3 (42:21):
Yeah, yeah, you know, I get it. So we we do, guys,
We totally totally get it. And all we ask is
sit down, let us educate. We're not trying to push back.
And we're the first ones to say if we like
a portfolio, we like a portfolio. We're the first ones
to say that if you're on track, you're on track.
We might recommend a way to tweak here there, all right, Mike.
(42:43):
I mean we may say, hey, listen, if you've got
a lot of cash, you don't have a lot of
bond exposure for instance.
Speaker 5 (42:50):
No, but here's a boy, we shouldn't say bond bond fund, bond.
Speaker 3 (42:54):
Fund are But here's here's where I was going with this, Mike.
And you have a quote income need, we can show
you pillar two. You don't need tone, you don't need
tone any ponds.
Speaker 5 (43:04):
So for a minimal I'm gonna start with pillar five
and start to slowly move money to pillar two as
I'm getting closer to knowing what my income need might be.
Speaker 3 (43:14):
You know, what we're also seeing guys and and this
is for the folk that are a little bit more
up there in years, okay, right now, and I'm thinking
of a couple of clients specifically, speaking of cash, Mike,
we're seeing a lot of you step up to the
plate and say, hey, Dan, I've got this money at
the bank. Right It's sure as heck is not set
(43:36):
up for my beneficiaries to take over as highs I
would like. And oh, by the way, I'm listening, and
I hear Mike always time with this pillar five? Can
this work for me? Why? Yes, why Michael.
Speaker 5 (43:53):
Giggs and I brought the receipts because one of my
pillar fives reset at the end of Febuary before things
really got dicey ooh juicey. I get the statement and
I say, yay, yeah, guys, guys, let's I don't care
what's going on in Cutter or re Odd or Kiev
(44:15):
or Jerusalem. I do from a humanitarians standpoint, that stuff
doesn't bother my money.
Speaker 3 (44:21):
Mike, we didn't even talk about pillar four, you know,
this week. But because you don't like it, no, no, no, but.
Speaker 4 (44:26):
It's it's like the black sheep of the family.
Speaker 3 (44:28):
I don't know why the problem is such is that
when we talk about pillar four, which is really, as
Mike Brown says, avoiding the flat tires, right, that's what
it is. Avoiding the twenty percent down years, avoiding these
seventeen percent down heres, avoiding the eighteen percent down heres.
Walt participating sometimes fully.
Speaker 5 (44:46):
In it, especially in a down year when they give
you my money back and I'm reloading, reinvesting when the
market is down.
Speaker 3 (44:54):
And it's not a fight. And it's so simple, guys.
You can be index index boy or index girl. It's
it's that simple. But the point is this, Mike. I
think about that, Mike, and it just irks me so
much that someone dared, dared to tell one of our
clients that they were too young, yeah, to have the
(45:15):
particular It's like saying you're too old. It's so make
up anything, come come with. You're too healthy, You're you're
too wealthy, you look too good, you're too spry, you
look too good to actually want to accumulate wealth over time.
You're right, you just you know what, Joe, you just
looked too dark? Was it?
Speaker 5 (45:33):
Mark Twain has said, I'm more concerned the return of
my money than the return on my money.
Speaker 4 (45:39):
Just don't let me lose the money.
Speaker 3 (45:40):
Guys, I think it's a recap. Let us get you
if you want specific info on the pillars, I would
recommend right now, let's start with pillar two. Let's start
with pillar five, right, get that info out to you.
And in the meantime, also, guys, you gotta grab the
two new white papers which so many.
Speaker 4 (45:55):
Of you have, and we're gonna have another one.
Speaker 3 (45:57):
We're gonna have another one coming. We're gonna print that
off the pre But grab the two that already, we'll
gloss them up. We'll get them out. Easiest way to
do it, guys, go to www dot Madison Managers dot com.
It's www dot M A D I S O N
M A N A G E r s dot com.
Use the clicks, use the clickers. Let us know what
we can get you. Give us a phone number, we'll
(46:18):
get out, we'll customize it. It's all free, guys, we'll
see you in the office.
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