1 00:00:33,810 --> 00:00:36,979 Suze: February 2, 2023. 2 00:00:36,979 --> 00:00:38,600 KT: Where's the time going, Suze? 3 00:00:38,600 --> 00:00:42,250 Suze: You always ask that question you always do anyway. Welcome 4 00:00:42,250 --> 00:00:45,360 Suze: everybody to the women and money podcast as well as 5 00:00:45,370 --> 00:00:47,690 Suze: everybody smart enough to listen. 6 00:00:47,970 --> 00:00:51,280 KT: This is ask KT and Suze... 7 00:00:51,290 --> 00:00:55,030 Suze: Anything anything. And if you want to ask us anything 8 00:00:55,040 --> 00:01:01,250 Suze: just send in your question to ask Suze podcast, that's S. U. Z. E. 9 00:01:01,260 --> 00:01:06,100 Suze: podcast at gmail dot com. Listen to me, a lot 10 00:01:06,100 --> 00:01:09,300 Suze: of you are sending in really really really really really 11 00:01:09,300 --> 00:01:15,530 Suze: long questions again... isn't gonna happen. Thousands of you are 12 00:01:15,530 --> 00:01:16,459 Suze: writing in 13 00:01:16,690 --> 00:01:19,980 Suze: and so if you want a question answered it has 14 00:01:19,980 --> 00:01:25,930 Suze: to be short, really short. Or just not gonna happen anyway. 15 00:01:25,940 --> 00:01:27,560 Suze: I'm excited. You know why 16 00:01:27,569 --> 00:01:28,490 KT: Why? 17 00:01:28,500 --> 00:01:33,459 Suze: Right well I'm not exactly excited that the 49ners seriously 18 00:01:33,470 --> 00:01:34,810 Suze: got obliterated 19 00:01:35,360 --> 00:01:38,030 Suze: right on last sunday but I am excited that the 20 00:01:38,030 --> 00:01:41,000 Suze: Kansas City Chiefs won. I like that. 21 00:01:41,209 --> 00:01:43,560 KT: Because your boyfriend is Mahomes. 22 00:01:43,560 --> 00:01:45,710 Suze: Mahomes, I call him, what do I call him? 23 00:01:45,950 --> 00:01:53,460 Suze: That cat's meow. Anyway. So but also Alliant Credit union 24 00:01:53,470 --> 00:01:59,260 Suze: has raised their interest rates to 2.95%. 25 00:01:59,370 --> 00:02:01,770 KT: Almost 3%. That's incredible. 26 00:02:01,780 --> 00:02:06,190 Suze: On the ultimate opportunity savings account. I love that a lot. 27 00:02:06,200 --> 00:02:10,330 Suze: Also I just want to tell everybody that many of 28 00:02:10,330 --> 00:02:12,490 Suze: you have been worried that you're not going to be 29 00:02:12,490 --> 00:02:14,210 Suze: able to participate 30 00:02:14,410 --> 00:02:17,149 Suze: in the three and six month C. D. s that 31 00:02:17,150 --> 00:02:20,760 Suze: we're going to be offering in about one month from now, 32 00:02:20,770 --> 00:02:25,669 Suze: through Alliant Credit Union. However you will be able to because 33 00:02:25,669 --> 00:02:28,360 Suze: why Alliant has decided 34 00:02:28,980 --> 00:02:34,410 Suze: that everybody will be able to either purchase these you 35 00:02:34,410 --> 00:02:37,240 Suze: know in your Ultimate Opportunity savings account and even if 36 00:02:37,240 --> 00:02:39,669 Suze: you don't have one whatever account... 37 00:02:39,680 --> 00:02:43,670 KT: You happen to have just to be a member, It's just that simple. 38 00:02:43,669 --> 00:02:47,230 Suze: Just that simple like KT said and you go to 39 00:02:47,230 --> 00:02:51,820 Suze: my alliant dot com. M Y A L. L. I 40 00:02:51,830 --> 00:02:57,169 Suze: A N. T dot com to become a member. 41 00:02:57,370 --> 00:03:00,800 Suze: There you go. You got questions for me today. 42 00:03:00,800 --> 00:03:03,160 KT: I do. Are you ready? 43 00:03:03,169 --> 00:03:06,070 Suze: I'm ready. You looked a little sad. Are you sad today? 44 00:03:06,080 --> 00:03:08,720 KT: Oh no no I'm not sad but I wanted to 45 00:03:08,720 --> 00:03:11,870 KT: just tell the listeners that when I looked through all 46 00:03:11,870 --> 00:03:15,640 KT: of these emails I think it's important sometimes to balance 47 00:03:15,639 --> 00:03:16,079 KT: out 48 00:03:16,310 --> 00:03:20,310 KT: the tragedies with the happy ones or the questions that 49 00:03:20,310 --> 00:03:23,750 KT: are very simple and the questions that are very complicated. 50 00:03:23,760 --> 00:03:28,169 KT: So this complicated. No it's a sad one. It's not 51 00:03:28,180 --> 00:03:31,410 KT: at all complicated for you but it's a very sad 52 00:03:31,419 --> 00:03:35,570 KT: email for, you know for Pat who sent this in 53 00:03:35,580 --> 00:03:38,670 KT: and I want to share it. I I really felt 54 00:03:38,680 --> 00:03:40,520 KT: my heart went out to you, Pat 55 00:03:40,700 --> 00:03:44,140 KT: And Suze, you're gonna hopefully help her and anyone else 56 00:03:44,140 --> 00:03:50,190 KT: that may ever experience something this tragic. Hi Suze and KT. 57 00:03:50,200 --> 00:03:53,300 KT: I wish this was a happy email but it is 58 00:03:53,300 --> 00:03:58,310 KT: not your podcast was a must before tragedy hit my 59 00:03:58,310 --> 00:04:02,930 KT: life last October 16, 2022. 60 00:04:03,760 --> 00:04:07,800 KT: My only child ended his life on that day. 61 00:04:08,430 --> 00:04:11,660 KT: I feel as if I have died that same day 62 00:04:11,660 --> 00:04:15,490 KT: with him now I am struggling with getting my son's 63 00:04:15,490 --> 00:04:20,349 KT: very few possessions in order. He was 21 at the time. 64 00:04:20,570 --> 00:04:25,960 KT: He lived with me all his life, never married nor children. 65 00:04:25,970 --> 00:04:29,700 KT: He did not leave a note or anything in writing. 66 00:04:29,990 --> 00:04:33,130 KT: He didn't have a will or any other document where 67 00:04:33,130 --> 00:04:37,190 KT: it would state his wishes. He didn't even add anyone 68 00:04:37,190 --> 00:04:41,860 KT: as a beneficiary to his checking account, investments or life 69 00:04:41,860 --> 00:04:44,690 KT: insurance policy. This was all through his job by the 70 00:04:44,690 --> 00:04:50,360 KT: way and again, he probably didn't know about that. All 71 00:04:50,360 --> 00:04:53,839 KT: I knew he possessed was a checking account and two 72 00:04:53,839 --> 00:04:56,990 KT: brokerage accounts, Fidelity and Robin Hood 73 00:04:57,610 --> 00:05:01,350 KT: and his 2006 car that was paid for 74 00:05:01,930 --> 00:05:07,520 KT: a survivor's financial advisor through his former employer told me 75 00:05:07,520 --> 00:05:11,040 KT: I could run his credit report to find out if 76 00:05:11,040 --> 00:05:15,100 KT: maybe he had other accounts open. I can't do that. 77 00:05:15,490 --> 00:05:20,120 KT: Experian asks for proof that I am authorized to act 78 00:05:20,120 --> 00:05:23,310 KT: on his behalf. Such as a copy of a legal 79 00:05:23,310 --> 00:05:27,570 KT: document with the court seal indicating I am the executor 80 00:05:27,570 --> 00:05:30,940 KT: of the estate. And how do I get that? 81 00:05:31,260 --> 00:05:33,930 KT: I am so lost. I just want to put an 82 00:05:33,940 --> 00:05:38,550 KT: end to all of this. I want closure, Suze. His 83 00:05:38,550 --> 00:05:41,770 KT: dad and I were able to receive the life insurance 84 00:05:41,770 --> 00:05:45,760 KT: benefit after I filed all the needed documents with the 85 00:05:45,760 --> 00:05:50,029 KT: insurance provider. But for these other accounts they're making it 86 00:05:50,029 --> 00:05:51,780 KT: so complicated. 87 00:05:52,490 --> 00:05:55,870 KT: She said, Suze I just don't have the brains or 88 00:05:55,870 --> 00:05:59,330 KT: the stamina to do this. What advice can you give me? 89 00:05:59,330 --> 00:06:00,529 KT: What should I do? 90 00:06:01,830 --> 00:06:05,750 KT: So let's start with the first thing Suze that anyone 91 00:06:05,760 --> 00:06:09,910 KT: dealing with a death a sudden death needs to do. 92 00:06:09,920 --> 00:06:15,750 Suze: Well what makes one's life easier in this situation. Pat, 93 00:06:15,750 --> 00:06:20,110 Suze: I'm so sorry, I'm sorry I'm sorry for your loss. 94 00:06:20,120 --> 00:06:23,310 Suze: You know what can I say? Other than that there's 95 00:06:23,310 --> 00:06:25,789 Suze: really nothing that will heal your heart from this one 96 00:06:25,790 --> 00:06:27,270 Suze: for a while. If ever. 97 00:06:27,650 --> 00:06:30,170 Suze: Let me just see if I can take a larger 98 00:06:30,180 --> 00:06:36,420 Suze: view point on this. Which is what makes this process 99 00:06:36,420 --> 00:06:40,820 Suze: whenever it happens at any stage of life easier is 100 00:06:40,820 --> 00:06:41,630 Suze: when 101 00:06:42,150 --> 00:06:45,890 Suze: a few things have happened. Either the person has created 102 00:06:45,900 --> 00:06:49,250 Suze: a will saying where everything is to go who's to 103 00:06:49,250 --> 00:06:53,180 Suze: be the executor and things like that. Or a living 104 00:06:53,180 --> 00:06:55,670 Suze: revocable trust. You all know that I love the must 105 00:06:55,670 --> 00:06:58,710 Suze: have documents and I think that's something that all of 106 00:06:58,710 --> 00:07:04,440 Suze: you should have. However in this particular situation, whenever you 107 00:07:04,440 --> 00:07:06,900 Suze: have an account like a 401(k), 108 00:07:08,180 --> 00:07:12,460 Suze: all you have to do is always designate a beneficiary 109 00:07:12,590 --> 00:07:16,040 Suze: and then it will go directly to that person. If 110 00:07:16,040 --> 00:07:17,390 Suze: you have a bank account 111 00:07:18,120 --> 00:07:20,110 Suze: then you can do the same thing. It could be 112 00:07:20,110 --> 00:07:23,140 Suze: a transfer on death account or a pay on death account. 113 00:07:23,150 --> 00:07:26,100 Suze: So you've named somebody. So it never has to go 114 00:07:26,100 --> 00:07:30,200 Suze: through probate, same thing with life insurance. Life insurance should 115 00:07:30,210 --> 00:07:36,250 Suze: always have a beneficiary named. When you don't have a 116 00:07:36,250 --> 00:07:42,910 Suze: beneficiary named as in this case Pat. Then everything is 117 00:07:42,910 --> 00:07:47,280 Suze: dictated by what's called intestate succession. 118 00:07:48,050 --> 00:07:52,060 Suze: So when somebody dies without a will and they have 119 00:07:52,070 --> 00:07:56,450 Suze: assets that that do not have a designated who, it's 120 00:07:56,450 --> 00:07:59,239 Suze: to go to pay on death or transfer on death name. 121 00:08:00,180 --> 00:08:04,970 Suze: Then you are governed by the intestate laws of the 122 00:08:04,970 --> 00:08:06,920 Suze: state that you live in. 123 00:08:07,500 --> 00:08:11,870 Suze: Because your son lived with you, he did not have 124 00:08:11,880 --> 00:08:17,020 Suze: any siblings, anything, any you know spouse, any children, nothing else. 125 00:08:17,030 --> 00:08:24,000 Suze: You and his father are entitled to 100% of everything 126 00:08:24,000 --> 00:08:29,980 Suze: that he has. So you now have to prove that 127 00:08:29,990 --> 00:08:35,100 Suze: number one he's dead. So hopefully you got a certified 128 00:08:35,110 --> 00:08:36,959 Suze: death certificate. 129 00:08:37,150 --> 00:08:40,420 Suze: I'm not exactly sure if you did or not. But 130 00:08:40,420 --> 00:08:44,260 Suze: again for an overview on this for everybody. If ever 131 00:08:44,260 --> 00:08:47,530 Suze: you experience a death of a loved one, 132 00:08:48,330 --> 00:08:53,579 Suze: you have to immediately get a certified death certificate. And 133 00:08:53,580 --> 00:08:55,720 Suze: that is where you have a death certificate that has 134 00:08:55,720 --> 00:08:59,200 Suze: been certified. The easiest way to do that is through 135 00:08:59,200 --> 00:09:04,050 Suze: the funeral home or the mortuary. It usually will cost 136 00:09:04,050 --> 00:09:07,480 Suze: 10 or $20 for a certified one. You should have 137 00:09:07,480 --> 00:09:13,860 Suze: at least 10 of them, preferably 20. As time passes 138 00:09:14,040 --> 00:09:17,400 Suze: like in this case since it was last October, 139 00:09:17,600 --> 00:09:20,449 Suze: you can't go to the funeral home anymore. It's got 140 00:09:20,450 --> 00:09:23,810 Suze: to be done right away. So then in this case, 141 00:09:23,820 --> 00:09:26,319 Suze: what you would do is you would go to the 142 00:09:26,320 --> 00:09:31,600 Suze: Bureau of Vital Statistics and that is where you would 143 00:09:31,600 --> 00:09:37,530 Suze: apply to get a certified death certificate. But first you 144 00:09:37,530 --> 00:09:40,650 Suze: are going to have to be appointed by the court 145 00:09:40,660 --> 00:09:41,780 Suze: in your state 146 00:09:41,990 --> 00:09:44,750 Suze: that you are the executor and that you have the 147 00:09:44,750 --> 00:09:49,820 Suze: right to do all of these things. Now I know 148 00:09:49,830 --> 00:09:53,700 Suze: that Pat, you you don't have a brain for it. 149 00:09:53,700 --> 00:09:57,559 Suze: You say how would you at this point in time 150 00:09:57,559 --> 00:10:00,340 Suze: you're not in your brain, you're in your heart and 151 00:10:00,340 --> 00:10:03,790 Suze: your heart is broken and when your heart is broken 152 00:10:03,800 --> 00:10:06,160 Suze: your brain is broken as well. 153 00:10:06,360 --> 00:10:10,750 Suze: And that's true for everybody because you can't think straight 154 00:10:10,760 --> 00:10:15,290 Suze: because you are hurting so badly. Therefore 155 00:10:15,800 --> 00:10:18,830 Suze: you need to just take your time. You need to 156 00:10:18,830 --> 00:10:22,520 Suze: just do this step by step. You might want to 157 00:10:22,520 --> 00:10:26,120 Suze: go to the county of vital records and see if 158 00:10:26,120 --> 00:10:29,860 Suze: you could get everything you need there. But you may 159 00:10:29,860 --> 00:10:34,500 Suze: very well need to do what? Go and get it 160 00:10:34,500 --> 00:10:37,610 Suze: a sign where you are the executor. You might need 161 00:10:37,610 --> 00:10:40,850 Suze: a lawyer to help you do this. I think that 162 00:10:40,850 --> 00:10:43,360 Suze: would be the absolute best thing for you to do 163 00:10:43,380 --> 00:10:45,470 Suze: since it's just so difficult for 164 00:10:45,480 --> 00:10:50,439 Suze: you. But little by little those are the things that 165 00:10:50,440 --> 00:10:54,319 Suze: you have to do and then you contact the brokerage firm, 166 00:10:54,320 --> 00:10:59,560 Suze: his bank, everybody and all of that will be transferred 167 00:10:59,559 --> 00:11:04,490 Suze: to you. Just that simple. KT, I have to just 168 00:11:04,490 --> 00:11:09,569 Suze: say when you die in intestate, let's say her son right? 169 00:11:09,570 --> 00:11:13,579 Suze: There were siblings and parents. 170 00:11:14,179 --> 00:11:17,850 Suze: It might be divided between all of them. It's very 171 00:11:18,640 --> 00:11:24,530 Suze: for every state has what's called the rules of intestate succession, 172 00:11:24,530 --> 00:11:27,300 Suze: which is how they determine the assets are to be 173 00:11:27,300 --> 00:11:32,840 Suze: split if you die without a will. So that is 174 00:11:32,840 --> 00:11:35,569 Suze: something all of you that you don't want to have 175 00:11:35,570 --> 00:11:38,940 Suze: to go through. Trust me on that one. I know 176 00:11:38,940 --> 00:11:40,719 Suze: sometimes your kids are young 177 00:11:41,260 --> 00:11:44,120 Suze: and they don't have much. They have a car. Maybe 178 00:11:44,120 --> 00:11:47,160 Suze: they have, you know, a life insurance policy, whatever it 179 00:11:47,160 --> 00:11:51,179 Suze: may be. And you don't think that they need these things. 180 00:11:51,190 --> 00:11:53,600 Suze: They need these things. 181 00:11:53,890 --> 00:11:56,480 KT: And you need to have the documents in order to 182 00:11:56,480 --> 00:12:02,000 KT: protect you and no matter what. Right. Yeah. Alright. Alright. Good. Suze. 183 00:12:02,000 --> 00:12:04,050 KT: Thank you for doing that. And Pat again. We're so 184 00:12:04,050 --> 00:12:05,300 KT: sorry for your loss. 185 00:12:05,300 --> 00:12:07,050 Suze: Yeah. All right. Next question. 186 00:12:07,890 --> 00:12:11,989 KT: Suze, this next question is from John. Dear Suze and KT. 187 00:12:11,990 --> 00:12:13,790 KT: I have a question or two. 188 00:12:13,800 --> 00:12:16,250 Suze: Did you pick that because it was your brother's name? 189 00:12:16,250 --> 00:12:21,530 KT: No, we call my brother Johnny . Okay, so dear 190 00:12:21,530 --> 00:12:24,910 KT: Suze and KT. I have a question or two about 191 00:12:24,910 --> 00:12:29,710 KT: rollover ira accounts, My husband and I each have a 192 00:12:29,720 --> 00:12:35,970 KT: rollover account for our old 401(k)s. He has approximately 12,000 193 00:12:35,970 --> 00:12:36,690 KT: in his 194 00:12:37,130 --> 00:12:40,900 KT: And I have about 30,000 in mine. We are both 195 00:12:40,900 --> 00:12:44,929 KT: fast approaching 60 years of age with the market down 196 00:12:44,929 --> 00:12:48,189 KT: as it has been lately. A couple of positions in 197 00:12:48,190 --> 00:12:51,120 KT: our rollover accounts are looking pretty good 198 00:12:51,320 --> 00:12:55,350 KT: as far as adding to a position at a much 199 00:12:55,350 --> 00:12:59,689 KT: lower cost basis. Are we allowed to contribute to these 200 00:12:59,690 --> 00:13:04,440 KT: accounts since they are funded with pretax dollars? Are these 201 00:13:04,440 --> 00:13:10,239 KT: accounts subject to RMDS as our 401()s are? When we reach 202 00:13:10,240 --> 00:13:14,520 KT: a certain age are rollovers in 401(k)s case treated the 203 00:13:14,520 --> 00:13:15,660 KT: same way? 204 00:13:15,760 --> 00:13:19,729 Suze: Yes rollovers, traditional rollovers 205 00:13:20,140 --> 00:13:28,460 Suze: meaning pretax rollovers and pretax 401(k)s, traditional 401(k)s are treated 206 00:13:28,460 --> 00:13:34,550 Suze: the same way that if you were born between 1951 207 00:13:34,559 --> 00:13:39,440 Suze: and 1959 then at the age of 73 is when 208 00:13:39,440 --> 00:13:42,220 Suze: required minimum distributions start 209 00:13:42,790 --> 00:13:48,080 Suze: 1960 and later. You can wait till you are 75 210 00:13:48,090 --> 00:13:53,829 Suze: years of age. However your first question is can you 211 00:13:53,830 --> 00:13:58,260 Suze: contribute to this? If you are earning money 212 00:13:58,460 --> 00:14:03,520 Suze: and you make new contributions into this, that would be 213 00:14:03,520 --> 00:14:07,780 Suze: then a pretax contribution. It would be a traditional IRA 214 00:14:07,790 --> 00:14:10,150 Suze: and you can put money in it because you can 215 00:14:10,150 --> 00:14:13,900 Suze: combine your ira rollovers with your iras and all of 216 00:14:13,900 --> 00:14:17,840 Suze: that fine. As long as they're all pre tax. 217 00:14:18,150 --> 00:14:22,050 Suze: However if you want to put more money into it, 218 00:14:22,060 --> 00:14:26,470 Suze: why not just open up a Roth IRA and do 219 00:14:26,470 --> 00:14:31,290 Suze: it through there. If you qualify for it income tax wise. 220 00:14:31,300 --> 00:14:34,100 Suze: So that's what I would be doing. That would be 221 00:14:34,100 --> 00:14:36,330 Suze: smarter for you than putting 222 00:14:36,435 --> 00:14:39,945 Suze: more money into a pre tax situation, if you ask me. 223 00:14:39,945 --> 00:14:41,125 Suze: Next question, KT 224 00:14:41,135 --> 00:14:45,215 KT: OK. This is from Amy Lee. Hi Suze and KT, 225 00:14:45,225 --> 00:14:50,765 KT: both myself and my husband's employers offer Roth 401(k)s but 226 00:14:50,765 --> 00:14:54,705 KT: we're not sure if we should be taking advantage of them. 227 00:14:55,190 --> 00:14:58,850 KT: Is there an income level or tax bracket where you 228 00:14:58,850 --> 00:15:03,890 KT: would say you would be better off using the traditional 401(k). 229 00:15:03,900 --> 00:15:05,450 KT: Thanks so much. 230 00:15:05,900 --> 00:15:08,820 Suze: So a few things and it is actually kind of 231 00:15:08,820 --> 00:15:12,760 Suze: relates to the last question to that, John asked and 232 00:15:12,770 --> 00:15:15,580 Suze: first of all, Amy, I have to tell you, 233 00:15:16,330 --> 00:15:19,800 Suze: I don't care what tax bracket I'm in right now. 234 00:15:19,810 --> 00:15:24,530 Suze: If I could put money in a Roth 401(k) versus 235 00:15:24,530 --> 00:15:28,109 Suze: a traditional 401(k), I had a company that offered them, oh, 236 00:15:28,110 --> 00:15:32,610 Suze: you betcha, I would do it. Hands down for two reasons. 237 00:15:32,620 --> 00:15:37,420 Suze: Hands down a Roth 401(k) now is so fabulous. I 238 00:15:37,420 --> 00:15:39,400 Suze: can't even tell you why 239 00:15:40,780 --> 00:15:46,630 Suze: Before Secure 2.0 was passed just a little bit ago. 240 00:15:47,530 --> 00:15:51,870 Suze: If you had money in a Roth 401(k), you would 241 00:15:51,870 --> 00:15:56,420 Suze: have to start taking required minimum distributions out at the 242 00:15:56,420 --> 00:15:57,790 Suze: appropriate age. 243 00:15:58,410 --> 00:16:03,400 Suze: However, a Roth I R A you don't have to 244 00:16:03,400 --> 00:16:08,060 Suze: take required minimum distributions out ever. That was one of 245 00:16:08,060 --> 00:16:14,510 Suze: the main differences between a Roth 401(k) and a Roth IRA 246 00:16:14,520 --> 00:16:16,340 Suze: now because of Secure 2.0 247 00:16:17,620 --> 00:16:21,090 Suze: you can leave that money in your Roth 401(k) for 248 00:16:21,090 --> 00:16:24,520 Suze: as long as you want to. And it is no 249 00:16:24,520 --> 00:16:31,190 Suze: longer required that you take required minimum distributions from a 250 00:16:31,200 --> 00:16:33,710 Suze: Roth 401(k). 251 00:16:34,370 --> 00:16:38,030 Suze: And that then takes me back to, why are you 252 00:16:38,030 --> 00:16:44,600 Suze: better off doing a Roth 401(k) versus a traditional 401(k), is 253 00:16:44,600 --> 00:16:46,420 Suze: because you can just leave it in there for the 254 00:16:46,420 --> 00:16:49,660 Suze: rest of your life. You can put larger amounts of 255 00:16:49,660 --> 00:16:53,750 Suze: money in there than you can in a Roth I. R. A. 256 00:16:54,440 --> 00:16:58,840 Suze: And anytime you want, you can always convert it to 257 00:16:58,850 --> 00:17:01,790 Suze: a Roth IRA you just want to make sure that 258 00:17:01,790 --> 00:17:05,410 Suze: the Roth IRA has been open for at least five years, 259 00:17:05,430 --> 00:17:10,210 Suze: but no a Roth 401(k) is so fabulous now. I 260 00:17:10,210 --> 00:17:12,290 Suze: don't see any downside in it at all. 261 00:17:12,300 --> 00:17:16,420 KT: Okay, Go Roth. All right. All right. Next question from Dana. 262 00:17:16,430 --> 00:17:19,360 KT: Hi Suze. I'm in my late sixties and I have 263 00:17:19,359 --> 00:17:22,310 KT: a small alimony coming to an end 264 00:17:22,619 --> 00:17:27,649 KT: Before my divorce, my husband siphoned all his money and 265 00:17:27,650 --> 00:17:32,550 KT: stopped contributing his salary to our joint account. I was 266 00:17:32,550 --> 00:17:37,689 KT: in a very violent abusive marriage and everything was controlled 267 00:17:37,690 --> 00:17:41,810 KT: by him until I finally had the guts to sign 268 00:17:41,810 --> 00:17:45,870 KT: a lifetime restraining order. Good for you, Dana. 269 00:17:46,200 --> 00:17:48,760 KT: And then she said long story short, I ended up 270 00:17:48,760 --> 00:17:52,420 KT: with very little in an IRA it's in cash for 271 00:17:52,420 --> 00:17:55,320 KT: years because I just don't know what to do with it. 272 00:17:55,330 --> 00:17:59,350 KT: I don't want to lose it. So I need some advice. However, 273 00:17:59,590 --> 00:18:04,670 KT: there's other circumstances. All of my ex's marital debt was 274 00:18:04,670 --> 00:18:09,930 KT: allowed to be discharged years ago in an individual bankruptcy, 275 00:18:10,440 --> 00:18:15,840 KT: The debts became mine. So I followed the same horrible path. 276 00:18:15,850 --> 00:18:19,480 KT: I lost my house, which was the only safety net. 277 00:18:19,490 --> 00:18:23,720 KT: I had. Suze, what should I do? Now Suze, this 278 00:18:23,720 --> 00:18:26,700 KT: this was the reason I picked this question is because 279 00:18:26,710 --> 00:18:32,800 KT: I didn't know that can happen. The debts became hers, wow! 280 00:18:32,800 --> 00:18:35,460 Suze: What really is important? Everybody... 281 00:18:35,460 --> 00:18:36,949 KT: I never knew that. 282 00:18:36,960 --> 00:18:40,220 Suze: ...is that when you when you get married, 283 00:18:40,510 --> 00:18:44,230 Suze: this is very important for you to understand, even if 284 00:18:44,230 --> 00:18:49,990 Suze: your spouse has credit cards in their individual name 285 00:18:50,500 --> 00:18:54,629 Suze: at the bottom of the application it asks, are they married? 286 00:18:54,740 --> 00:18:59,060 Suze: And when they say yes, then there's a little tiny 287 00:18:59,060 --> 00:19:04,139 Suze: thing and really small writing that says these debts will 288 00:19:04,140 --> 00:19:10,840 Suze: then be jointly and severally liable. Which means that if 289 00:19:10,840 --> 00:19:15,000 Suze: you separate the other person is liable for the debt 290 00:19:15,010 --> 00:19:20,020 Suze: that that person charges on that individual credit card. 291 00:19:20,890 --> 00:19:24,650 Suze: So that's why I have always asked all of you 292 00:19:24,660 --> 00:19:30,450 Suze: to please sign a prenuptial agreement before you're married. That 293 00:19:30,450 --> 00:19:35,230 Suze: states that you are not responsible for any debt occurred 294 00:19:35,240 --> 00:19:36,460 Suze: after 295 00:19:36,619 --> 00:19:40,650 Suze: the marriage takes place and that you should always make 296 00:19:40,650 --> 00:19:43,550 Suze: sure that you should know that if your spouse is 297 00:19:43,550 --> 00:19:47,609 Suze: opening up in individual credit card that that credit card 298 00:19:47,609 --> 00:19:51,169 Suze: knows that there's a prenup stating that. 299 00:19:51,180 --> 00:19:53,119 KT: So where does she begin with this? 300 00:19:53,359 --> 00:19:56,169 Suze: But it's important for everybody to know because Dana has 301 00:19:56,170 --> 00:20:00,810 Suze: already gone through this that if you are in a 302 00:20:00,810 --> 00:20:05,920 Suze: relationship and now you're getting a divorce and any money 303 00:20:06,190 --> 00:20:11,119 Suze: is owed on any credit cards, especially those that were 304 00:20:11,130 --> 00:20:13,040 Suze: in joint names. 305 00:20:13,730 --> 00:20:16,840 Suze: That those credit cards have to be paid off in 306 00:20:16,840 --> 00:20:19,540 Suze: full and closed down. 307 00:20:20,430 --> 00:20:26,170 Suze: Otherwise your ex spouse can now claim bankruptcy like Dana's did. 308 00:20:26,190 --> 00:20:29,179 Suze: And then what will happen is the creditors will come 309 00:20:29,180 --> 00:20:31,050 Suze: knocking at your door 310 00:20:31,730 --> 00:20:35,440 Suze: and unless you have to claim bankruptcy like Dana did 311 00:20:35,450 --> 00:20:39,860 Suze: you are going to be the ones to pay those debts. 312 00:20:42,640 --> 00:20:45,190 Suze: Student loan debt will not as long as they didn't 313 00:20:45,190 --> 00:20:47,859 Suze: combine their student loan debt. As long as the student 314 00:20:47,859 --> 00:20:51,970 Suze: loan debt is an individual name, Dana is not responsible 315 00:20:51,970 --> 00:20:53,330 Suze: for that. However 316 00:20:53,890 --> 00:20:59,450 Suze: now Dana to answer your question which is, you know 317 00:20:59,450 --> 00:21:02,280 Suze: you have this little IRA it's in cash and it's 318 00:21:02,280 --> 00:21:04,850 Suze: been that way for years because you don't know what 319 00:21:04,859 --> 00:21:09,450 Suze: to do with it. Any advice basically you have to 320 00:21:09,450 --> 00:21:13,740 Suze: know that you feel secure you're in your late sixties here. 321 00:21:13,750 --> 00:21:16,100 Suze: So you want to make sure that this money is 322 00:21:16,100 --> 00:21:18,159 Suze: kept safe and sound 323 00:21:18,430 --> 00:21:22,340 Suze: wherever that account happens to be, you might want to 324 00:21:22,350 --> 00:21:26,750 Suze: ask them, can you purchase Treasury bills three and six 325 00:21:26,750 --> 00:21:30,480 Suze: month treasury bills right now within that I. R. A. 326 00:21:30,490 --> 00:21:34,080 Suze: And they will probably say yes to you. And it's 327 00:21:34,080 --> 00:21:37,879 Suze: those types of investment certificates of deposit, things like that 328 00:21:37,890 --> 00:21:41,460 Suze: that you should do right now. Okay. 329 00:21:41,470 --> 00:21:44,460 KT: All right. Next question is from Israel... 330 00:21:44,880 --> 00:21:47,520 Suze: Are there gonna be any more sad ones? 331 00:21:49,940 --> 00:21:50,960 KT: I hope not. 332 00:21:50,970 --> 00:21:53,090 Suze: Alright keep going keep going. 333 00:21:54,420 --> 00:22:01,169 KT: Next question is from Israel. On a previous podcast you 334 00:22:01,170 --> 00:22:05,400 KT: mentioned to buy T bills on a secondary market since 335 00:22:05,400 --> 00:22:09,600 KT: these transactions would entail some fees, Why not buy them 336 00:22:09,600 --> 00:22:14,240 KT: through the brokerage account or ready everybody: Treasury direct? 337 00:22:14,440 --> 00:22:17,649 Suze: Israel you absolutely can and should do it that way. 338 00:22:17,650 --> 00:22:20,970 Suze: I don't have a problem with that at all. Sometimes 339 00:22:20,980 --> 00:22:23,700 Suze: people like doing it on the secondary market because they 340 00:22:23,700 --> 00:22:26,750 Suze: know exactly what they're going to get and it's just 341 00:22:26,750 --> 00:22:30,260 Suze: that easy. And sometimes you can arrange it with your 342 00:22:30,270 --> 00:22:33,550 Suze: brokerage firm as well on the secondary market that there 343 00:22:33,560 --> 00:22:35,260 Suze: is no fee. Just to 344 00:22:35,270 --> 00:22:38,229 Suze: depending on your situation. Go on KT. 345 00:22:38,230 --> 00:22:41,880 KT: A similar question Suze. This is from Daniel. Do you 346 00:22:41,880 --> 00:22:46,820 KT: have any problem putting emergency savings into short term T. 347 00:22:46,820 --> 00:22:48,919 KT: Bills or at least part of it? 348 00:22:49,090 --> 00:22:51,949 Suze: No. Not on any level. If you do three or 349 00:22:51,950 --> 00:22:55,340 Suze: six month treasury bills or maybe you want to take 350 00:22:55,340 --> 00:22:56,080 Suze: Alliant Credit 351 00:22:56,090 --> 00:22:59,639 Suze: Union up on their offer and do a three or 352 00:22:59,640 --> 00:23:02,300 Suze: and or six months C. D. You can do it 353 00:23:02,300 --> 00:23:05,040 Suze: there as well. And then when you want that money 354 00:23:05,040 --> 00:23:10,540 Suze: can go into your ultimate opportunity savings account currently earning 2.95%. 355 00:23:10,550 --> 00:23:12,520 Suze: You might want to look at that as well to 356 00:23:12,520 --> 00:23:15,330 Suze: do so by the way you all should go to 357 00:23:15,340 --> 00:23:16,909 Suze: my M. Y. 358 00:23:17,050 --> 00:23:22,130 Suze: Alliant. A. L. L. I. A. N. T. Dot com. 359 00:23:22,130 --> 00:23:26,930 Suze: And that's where you open up the ultimate opportunity savings account. Alright. 360 00:23:26,940 --> 00:23:28,720 KT: Alright. This is from Patti. 361 00:23:28,850 --> 00:23:33,470 KT: My husband is 65 and on disability. I am 63 362 00:23:33,470 --> 00:23:38,110 KT: and working we have a net worth of about $2 million. 363 00:23:38,119 --> 00:23:42,100 KT: Yeah good for you guys. House is paid off. Kids 364 00:23:42,100 --> 00:23:47,600 KT: are grown independent and financially stable. And then wait. Patti writes. Yay. 365 00:23:47,619 --> 00:23:52,460 KT: We're cheering you on too Patti. Ar 15 year term 366 00:23:52,460 --> 00:23:56,449 KT: insurance has run its course. The renew rate is about 367 00:23:56,450 --> 00:24:00,080 KT: four times what we've been paying. How do I know 368 00:24:00,080 --> 00:24:02,720 KT: if we still need term insurance? 369 00:24:02,720 --> 00:24:08,480 Suze: By simply asking yourself the question if you died, Patti 370 00:24:08,480 --> 00:24:14,680 Suze: or your spouse died, would you still be totally financially okay? 371 00:24:15,000 --> 00:24:18,990 Suze: If the answer to that is yes then you don't 372 00:24:19,000 --> 00:24:24,810 Suze: need term insurance anymore. However, at 63 with a net 373 00:24:24,810 --> 00:24:28,100 Suze: worth of $2 million dollars, shortly, you're gonna be able 374 00:24:28,100 --> 00:24:32,720 Suze: to collect social security here and everything. You do not 375 00:24:32,720 --> 00:24:35,980 Suze: need term insurance. I can already tell you that one. 376 00:24:35,990 --> 00:24:36,449 Suze: All right, 377 00:24:37,070 --> 00:24:40,540 KT: Suze. This next one is my favorite. This is my 378 00:24:40,550 --> 00:24:46,000 KT: very favorite favorite emails from Roz. I'm just starting out. Suze. 379 00:24:46,000 --> 00:24:50,310 KT: I'm getting my finances on track. I have $2000 in 380 00:24:50,310 --> 00:24:55,240 KT: a savings account and 1000 in emergency cash. Is it 381 00:24:55,240 --> 00:24:58,680 KT: worth it for me to even buy a three month C. D. 382 00:24:58,680 --> 00:24:59,659 KT: At this point 383 00:25:00,000 --> 00:25:02,670 KT: it seems like I need more money to put in 384 00:25:02,670 --> 00:25:06,230 KT: a CD to make the interest gained worthwhile. Is my 385 00:25:06,230 --> 00:25:10,270 KT: thinking correct. I just got a small raise at work. 386 00:25:10,280 --> 00:25:13,610 KT: I'm planning on using that new income to start and 387 00:25:13,609 --> 00:25:18,100 KT: fund a Roth IRA. It seems like everyone else is 388 00:25:18,100 --> 00:25:23,560 KT: working with thousands of dollars and I'm working with just penny, Suze. 389 00:25:23,940 --> 00:25:27,629 KT: Not saying the principles don't apply but just disheartening to 390 00:25:27,630 --> 00:25:31,690 KT: see my yield on a three month is equivalent to 391 00:25:31,690 --> 00:25:34,919 KT: maybe a meal at a restaurant. I need to help 392 00:25:34,920 --> 00:25:38,070 KT: with my thinking so I can keep growing my money. 393 00:25:38,080 --> 00:25:41,240 KT: So we don't know how old Roz is, but let's assume 394 00:25:41,240 --> 00:25:43,160 KT: Roz is about 25. Yeah. 395 00:25:43,170 --> 00:25:45,670 Suze: So you asked me a question in here is my 396 00:25:45,670 --> 00:25:47,610 Suze: thinking correct. 397 00:25:48,760 --> 00:25:52,430 Suze: It is so not correct, I can't even tell you. 398 00:25:52,440 --> 00:25:57,160 Suze: More important than the amount of money that goes into 399 00:25:57,160 --> 00:26:04,139 Suze: a savings or a Roth IRA is time time because 400 00:26:04,140 --> 00:26:08,870 Suze: of compounding is more important than the amount of money 401 00:26:08,869 --> 00:26:12,240 Suze: that you actually put in. Believe it or not and 402 00:26:12,250 --> 00:26:15,240 Suze: I'll just give you an example, let's just say that 403 00:26:15,470 --> 00:26:19,830 Suze: you're 25. That's how old were making her. Let's just 404 00:26:19,830 --> 00:26:24,330 Suze: say you put in only $100 a month in this Roth. I. R. 405 00:26:24,330 --> 00:26:28,640 Suze: A a pittance for what probably other people are putting in. 406 00:26:28,700 --> 00:26:33,900 Suze: $100 a month and you do so for 45 years. 407 00:26:33,900 --> 00:26:38,830 Suze: Because now 70 is the new retirement age, you're all 408 00:26:38,840 --> 00:26:44,070 Suze: aiming towards 70. And let's just say over those 45 409 00:26:44,080 --> 00:26:45,070 Suze: years 410 00:26:45,320 --> 00:26:48,800 Suze: that the markets went up and they went down. But 411 00:26:48,810 --> 00:26:54,090 Suze: over those 45 years you averaged an 8% annual average 412 00:26:54,100 --> 00:27:02,290 Suze: rate of return. In 45 years, you would have about $500,000. However, 413 00:27:02,300 --> 00:27:06,859 Suze: if you were to do true market returns because I 414 00:27:06,859 --> 00:27:08,500 Suze: was being conservative there. 415 00:27:08,980 --> 00:27:13,600 Suze: That over all of that time, 45 years, let's say 416 00:27:13,600 --> 00:27:21,040 Suze: you just averaged 11%, you would have $1.2 million. 417 00:27:21,070 --> 00:27:23,710 KT: Amazing right? Compounding 418 00:27:24,520 --> 00:27:29,070 Suze: And that's at $100 a month. Now 419 00:27:29,359 --> 00:27:33,540 Suze: this is what I would do if I were you, 420 00:27:33,550 --> 00:27:38,680 Suze: I really want you to take me up on the 421 00:27:38,690 --> 00:27:43,770 Suze: ultimate opportunity savings account at Alliant Credit union. And let 422 00:27:43,770 --> 00:27:46,910 Suze: me just give you an example as to why. 423 00:27:47,430 --> 00:27:50,919 Suze: Let's say you took $100 a month. Forget the Roth 424 00:27:50,920 --> 00:27:54,050 Suze: ira whatever it is, you just took $100 a month 425 00:27:54,060 --> 00:27:57,160 Suze: and put it in one of these accounts right now 426 00:27:57,160 --> 00:28:00,900 Suze: that are saying they'll pay you three or 4% or whatever, right? 427 00:28:00,900 --> 00:28:04,850 Suze: And usually those are accounts that require very high minimums 428 00:28:04,859 --> 00:28:07,780 Suze: and they're kind of just suckering you in and will 429 00:28:07,780 --> 00:28:10,479 Suze: change the rate in my opinion. All right. But just 430 00:28:10,480 --> 00:28:12,320 Suze: let's say you do that 431 00:28:12,710 --> 00:28:17,649 Suze: after one year, you would have 1200 you put in 432 00:28:17,650 --> 00:28:24,250 Suze: 1200 $100 a month. For 12 months, you would have $1225. 433 00:28:24,260 --> 00:28:29,760 Suze: So you would have earned $25 in interest over that 434 00:28:29,770 --> 00:28:33,700 Suze: year at $100 a month. If some institution was paying 435 00:28:33,700 --> 00:28:34,879 Suze: you 4% 436 00:28:35,600 --> 00:28:41,540 Suze: if you put $100 a month into the ultimate opportunity 437 00:28:41,540 --> 00:28:49,150 Suze: savings account at Alliant Credit Union where they're currently paying 2.95%. 438 00:28:49,930 --> 00:28:58,700 Suze: At the end of 12 months, you would have $1,319. Now, 439 00:28:58,700 --> 00:29:02,800 Suze: why is that? That is because with the ultimate opportunity 440 00:29:02,800 --> 00:29:07,270 Suze: savings account, if you put in $100 a month every 441 00:29:07,270 --> 00:29:13,030 Suze: month for 12 consecutive months, Alliant will give you $100. 442 00:29:13,560 --> 00:29:20,360 Suze: So that $100 makes a serious difference. It comes out 443 00:29:20,360 --> 00:29:24,570 Suze: to be an 18% return on your money versus a 4% 444 00:29:24,570 --> 00:29:32,710 Suze: return if you go somewhere else. So, again, my aliant.com. 445 00:29:33,360 --> 00:29:36,210 Suze: And look for me is where you need to go. 446 00:29:36,230 --> 00:29:39,530 Suze: That was one of the reasons that we started the 447 00:29:39,540 --> 00:29:42,540 Suze: ultimate opportunity savings account. 448 00:29:42,860 --> 00:29:47,970 Suze: So you should take advantage of it, my girlfriend. All right. 449 00:29:47,980 --> 00:29:49,540 KT: You know what time it is. 450 00:29:49,550 --> 00:29:52,810 Suze: You know what? I know I have an interesting one 451 00:29:52,810 --> 00:29:53,410 Suze: for you. 452 00:29:53,420 --> 00:29:54,800 KT: Okay, I'm ready. 453 00:29:54,800 --> 00:30:00,220 Suze: All right, so this one is from Jaffa. Alright. She 454 00:30:00,220 --> 00:30:04,640 Suze: says Suze, please don't be mad at me. I love that. 455 00:30:04,650 --> 00:30:06,620 Suze: I'm 69 456 00:30:07,140 --> 00:30:12,400 Suze: but two months ago I foolishly requested to collect my 457 00:30:12,400 --> 00:30:18,480 Suze: social security benefits. I don't really even need the income 458 00:30:18,480 --> 00:30:23,050 Suze: from it. I believe my first check would arrive in february. 459 00:30:23,420 --> 00:30:26,850 Suze: I know it's dumb, but it's done already. 460 00:30:27,210 --> 00:30:31,150 Suze: So, the question to all of you, because quizzie time 461 00:30:31,160 --> 00:30:35,000 Suze: is all about. Can KT answer this quizzie but can 462 00:30:35,000 --> 00:30:39,630 Suze: all of you answer this quizzie as well? Because these 463 00:30:39,630 --> 00:30:43,880 Suze: are the things that you need to know. So KT 464 00:30:43,890 --> 00:30:45,540 Suze: can Jaffa, 465 00:30:46,370 --> 00:30:49,310 Suze: She's already started. It's going to be here. It's already 466 00:30:49,310 --> 00:30:52,010 Suze: probably here at the first of this month. Now is 467 00:30:52,010 --> 00:30:54,830 Suze: there anything she can do about it? 468 00:30:56,320 --> 00:30:57,450 KT: I don't think so. 469 00:30:57,460 --> 00:30:58,780 Suze: So she's stuck? 470 00:30:59,300 --> 00:31:00,370 KT: I think so. 471 00:31:00,380 --> 00:31:02,990 Suze: Alright. Is that your answer? Because she already claimed 472 00:31:04,300 --> 00:31:06,260 KT: Yeah. Unless she defers it. 473 00:31:06,280 --> 00:31:08,370 Suze: Can't defer it. She already claimed. 474 00:31:08,380 --> 00:31:11,540 KT: So if she already claimed that she's it's done. Done 475 00:31:11,540 --> 00:31:12,150 KT: and done. 476 00:31:12,160 --> 00:31:15,570 Suze: Alright. Alright. Is that your final answer? 477 00:31:15,580 --> 00:31:17,840 KT: I think so. I think you're stuck. I think you 478 00:31:17,840 --> 00:31:19,740 KT: just have to take the money. 479 00:31:20,250 --> 00:31:22,020 KT: Okay. So what can she do? 480 00:31:22,030 --> 00:31:25,370 Suze: Alright everybody you have 12 months... 481 00:31:25,380 --> 00:31:26,479 KT: to change your mind? 482 00:31:26,480 --> 00:31:27,990 Suze: Yes. From the time... 483 00:31:28,260 --> 00:31:28,969 KT: I didn't know that. 484 00:31:28,980 --> 00:31:30,390 Suze: Well, that's why I picked this. 485 00:31:30,400 --> 00:31:35,250 KT: Did any of you know that? No. Did I mean 486 00:31:35,250 --> 00:31:36,030 KT: is this something? 487 00:31:36,250 --> 00:31:40,720 Suze: KT, are you defending yourself again? Let me answer this and 488 00:31:40,720 --> 00:31:44,470 Suze: tell everybody what they need to know, more than smoothing 489 00:31:44,470 --> 00:31:47,070 Suze: your little feathers here because you gotta (wrong answer) 490 00:31:47,310 --> 00:31:50,310 Suze: Anyway, I'm sure everybody else did as well. So that 491 00:31:50,310 --> 00:31:54,230 Suze: should make you feel bad. You have 12 months from 492 00:31:54,230 --> 00:31:59,540 Suze: the time that you claim social security to let them know. 493 00:31:59,550 --> 00:32:03,360 Suze: You want to give them all the money back and 494 00:32:03,370 --> 00:32:07,750 Suze: start over now in this situation. Jaffa, what I would 495 00:32:07,750 --> 00:32:11,400 Suze: be doing if I were you ready, I would be 496 00:32:11,400 --> 00:32:14,820 Suze: taking this social security check that you do not need. 497 00:32:15,100 --> 00:32:19,200 Suze: And I would be investing it in where either a 498 00:32:19,200 --> 00:32:22,760 Suze: three or six month treasury bill or C. D. Whatever 499 00:32:22,770 --> 00:32:25,959 Suze: state you're living. And makes sense to you. And at 500 00:32:25,960 --> 00:32:29,160 Suze: the end of the time, maybe in seven or eight 501 00:32:29,160 --> 00:32:33,340 Suze: months from now where that money has earned interest. I 502 00:32:33,340 --> 00:32:37,200 Suze: would call them and say I've changed my mind. 503 00:32:37,690 --> 00:32:40,160 Suze: And it used to be now, maybe they've changed this. 504 00:32:40,160 --> 00:32:42,510 Suze: But I don't think so. It used to be that 505 00:32:42,510 --> 00:32:46,010 Suze: when you paid them back, you paid them back without 506 00:32:46,020 --> 00:32:49,890 Suze: any interest. You just gave them the money, which was 507 00:32:49,890 --> 00:32:54,100 Suze: the amount of your social security check. So you then 508 00:32:54,100 --> 00:33:00,910 Suze: pay that back and then you started when you are 70. So, 509 00:33:01,670 --> 00:33:06,000 Suze: If you can do that. And that makes sense to you. Great. 510 00:33:06,010 --> 00:33:08,790 Suze: If that's too much trouble for you and you don't 511 00:33:08,790 --> 00:33:12,820 Suze: need the money. Do me a favor. Just call them back. 512 00:33:12,830 --> 00:33:15,460 Suze: Tell them you don't want it now and you're going 513 00:33:15,460 --> 00:33:19,500 Suze: to be starting it at 70. Just that simple. But 514 00:33:19,500 --> 00:33:21,720 Suze: those are two things that you can do and you 515 00:33:21,720 --> 00:33:22,540 Suze: should do. 516 00:33:23,640 --> 00:33:24,590 Suze: All right, KT... 517 00:33:25,210 --> 00:33:26,740 Suze: what's that look for now? 518 00:33:26,750 --> 00:33:28,160 KT: Well, now what? 519 00:33:28,170 --> 00:33:29,230 Suze: It's over 520 00:33:30,150 --> 00:33:32,280 Suze: Now we go feed our chickens. 521 00:33:32,290 --> 00:33:35,410 KT: Let's have breakfast and feed the chickens. 522 00:33:35,410 --> 00:33:38,950 Suze: The chickens haven't been coming every morning. Makes me very sad. 523 00:33:38,950 --> 00:33:41,730 KT: I have to show everyone that the chickens are eating 524 00:33:41,730 --> 00:33:45,270 KT: out of your hand. I know, but will see little seeds. 525 00:33:45,270 --> 00:33:47,120 KT: She orders some really good organic... 526 00:33:47,120 --> 00:33:50,640 Suze: For two mornings in a row, they did not show up. 527 00:33:50,650 --> 00:33:52,850 KT: I think because they're getting big now they're kind of 528 00:33:52,850 --> 00:33:53,490 KT: on their own. 529 00:33:53,490 --> 00:33:55,330 Suze: ...and I sit there and I go chicky chicky chicky 530 00:33:55,330 --> 00:33:58,560 Suze: come here chicky chicky chicky and nobody comes. I wait 531 00:33:58,560 --> 00:33:59,180 Suze: for like a half 532 00:33:59,190 --> 00:34:02,260 Suze: an hour. The sun has just come up and I'm like, 533 00:34:02,260 --> 00:34:05,250 Suze: where are you? And so sad do we lose... 534 00:34:05,250 --> 00:34:08,120 KT: Yea, I think so, they are like teenagers now. 535 00:34:08,120 --> 00:34:11,240 Suze: We see that eating other places, but no more. Are 536 00:34:11,239 --> 00:34:14,600 Suze: they coming to us? All right, So, KT, are you 537 00:34:14,600 --> 00:34:18,430 Suze: ready to take us out? Alright, So there's only one 538 00:34:18,430 --> 00:34:22,180 Suze: thing that we want all of you to say every 539 00:34:22,180 --> 00:34:27,210 Suze: single morning when you wake up and it is 540 00:34:27,570 --> 00:34:34,520 Suze: as follows today, wherever I go, I will create a 541 00:34:35,160 --> 00:34:43,450 Suze: joyful world. Alright, Everybody say it every single day and 542 00:34:43,450 --> 00:34:49,540 Suze: make it come true. Until Sunday. There's really only one 543 00:34:49,540 --> 00:34:51,930 Suze: thing that I want for you. I want you to 544 00:34:51,930 --> 00:34:53,190 Suze: stay safe 545 00:34:53,370 --> 00:34:58,770 Suze: and for you to never stop yourself from being who 546 00:34:58,770 --> 00:35:02,989 Suze: you are meant to be and what you want to do. 547 00:35:03,000 --> 00:35:07,020 Suze: All right, See you soon. Bye bye. Everybody.