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Speaker 1: Retirement in twenty twenty six looks more like a Netflix

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Speaker 1: original than a Norman Rockwell painting. With longer lifespans, smarter tech,

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Speaker 1: and a shrinking attention span for traditional portfolios, Today's retirees

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Speaker 1: are rewriting the script, and some forgot to include an intermission.

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Speaker 1: Are you planning for a retirement that actually fits your life?

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Speaker 2: You are moments away from getting the call to live yours,

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Speaker 2: so cal dream with.

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Speaker 1: Money to a spare. We want to go the extra

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Speaker 1: mile because giving you the proper diversification is going to

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Speaker 1: give you a better return.

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Speaker 2: It's time to pick up that phone. You're listening to

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Speaker 2: Advisors on call with Greg Ramiro.

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Speaker 1: Changed to how the market is and that is the

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Speaker 1: difference that we do here.

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Speaker 2: Your direct line to a California King Size for desirements.

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Speaker 3: Hey, welcome on into the show. We're so glad to

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Speaker 3: have you here. I've got Greg mirrors of advisors on call.

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Speaker 3: In fact, that's the name of our show. Advisors on

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Speaker 3: call on Jackie Selby. He's reachable on caller text. We're

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Speaker 3: gonna talk money, honey five six two two six nine

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Speaker 3: one zero zero seven. Caller text him five six two

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Speaker 3: two six nine one zero zero seven. Boy, is there

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Speaker 3: a lot to talk about with money right now? Greg?

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Speaker 3: How you doing?

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Speaker 1: I'm doing pretty good. There is a lot to talk about.

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Speaker 1: We've got a market that's basically trending sideways and it's

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Speaker 1: probably gonna go negative before it goes positive, and we

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Speaker 1: have a lot to discuss, and I'm very excited to

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Speaker 1: talk about it.

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Speaker 3: Mito. I like how you say that trending sideways.

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Speaker 1: Hmmm, Well, relative to last year, we had a very

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Speaker 1: good first quarter. Then the the you know, the President

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Speaker 1: put the tariffs on that put things into a hurt,

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Speaker 1: but then we had an excellent, you know, recovery after

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Speaker 1: people discovered that the tariffs were actually a good thing

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Speaker 1: and things were over sold. Relative to twenty twenty six,

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Speaker 1: We're gonna have I think, a bad start to the

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Speaker 1: first quarter, but I think we're gonna have two good

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Speaker 1: second and third quarters because folks, before we hit fifty

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Speaker 1: thousand on a Dow, I believe we're gonna have to

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Speaker 1: have a ten to a twelve percent correct, So we're

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Speaker 1: going to have to go down before we go up.

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Speaker 1: You know, we did have a correction in the commodities

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Speaker 1: in regards to silver and gold. You know, Remember, folks,

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Speaker 1: nothing goes straight up like a rocket. You know, if

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Speaker 1: you look at time and you look at the market,

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Speaker 1: there's a reason why there's peaks and valleys, and that's

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Speaker 1: when you got to be able to take advantage of it. Now,

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Speaker 1: I've had a lot of clients calling me that are concerned,

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Speaker 1: and some of these are new people that have just

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Speaker 1: joined me. People, hold on, we're going to be fine.

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Speaker 1: You know. I went to cash on thirty five percent

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Speaker 1: of my positions as of last week because I saw

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Speaker 1: the volatility coming. And guess what I saw, buying buying opportunities. Yes,

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Speaker 1: there's a partial government shut down, you know as as

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Speaker 1: of this recording. The question is will it continue? Unfortunately,

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Speaker 1: I think it's going to continue because we're in a

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Speaker 1: midterm election. So what do you think the other side

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Speaker 1: wants to do to the other side that's that's in

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Speaker 1: the presidency right now. They want to make them look bad?

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Speaker 1: As it is, we've had to deal with these ridiculous protests,

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Speaker 1: you know, people fighting for people that are illegal. I mean,

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Speaker 1: how acidine is that they're not? They're illegal aliens for

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Speaker 1: a reason, that's a crime. It's illegal. But I digress.

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Speaker 1: We don't want to talk about that because we're here

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Speaker 1: to talk about financial plan But when it comes to

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Speaker 1: financial planning, you know, let's look at some of the earnings.

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Speaker 1: Apple killed it. They had record earnings and it went

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Speaker 1: up only a half a percent, So what does that

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Speaker 1: mean to you? Then when we had United Healthcare which

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Speaker 1: beat their earnings and it went down eighteen percent because

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Speaker 1: it was heavily shorted by either black Rock or Goldman Zachs,

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Speaker 1: You've got to start rendering. It's time to put the

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Speaker 1: brakes on. Let's see what's going to happen and wait.

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Speaker 1: Because when I see things like that happening like that,

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Speaker 1: those to me are red flags. Folks. I've been doing

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Speaker 1: this for twenty nine years. And when it comes to

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Speaker 1: managing your portfolios, and I'm talking on the equity side

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Speaker 1: right now because I know a lot of times I

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Speaker 1: talk about income for life or long term care or

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Speaker 1: alternative investments in our qredit, I'm going to talk about

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Speaker 1: the equities, folks, because that's where the money is made.

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Speaker 1: And for those of you out there that are nervous

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Speaker 1: Nelly's I understand, I get it. If I need to

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Speaker 1: talk to you on a daily basis, I'll do that

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Speaker 1: because I'm not like other advisors that run for the

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Speaker 1: hills and tell you it's going to come back. You

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Speaker 1: can see by my actions we go to cash for

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Speaker 1: a reason. I'm going to reconfigure their portfolios. I'm going

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Speaker 1: to find what I call discounts or highly valued stocks

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Speaker 1: that are trading way below their average even though their

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Speaker 1: finances are solid. We're going to get those, and in

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Speaker 1: some cases, I may double down on things that I've

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Speaker 1: purchased before so I can dollar cost average the price

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Speaker 1: out and three to six months from now, you're going

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Speaker 1: to be a happy camper. But you've got to trust

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Speaker 1: my judgment know what I'm doing. And that's why I'm

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Speaker 1: on the radio every week, because I'm here to talk

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Speaker 1: to you and let you know what we do. And

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Speaker 1: for some of you that are clients in mind, if

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Speaker 1: you're worried, call me, I'm here, I answer the phone.

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Speaker 1: I'm not going to be like other advisors at Hide.

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Speaker 1: You know that's one of the differences here to advisors

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Speaker 1: on call. We will address the situation. I make moves

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Speaker 1: before something happens. I moved before the market went down,

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Speaker 1: and I still think I'm going to tell you, folks

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Speaker 1: the first quarter is going to be very choppy. It's

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Speaker 1: going to be flat trading sideways. It may go down

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Speaker 1: ten to twelve percent. Then it's going to rebound in

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Speaker 1: the second quarter. So be ready for that. Know the

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Speaker 1: volatility that's coming, and know that this is a time

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Speaker 1: when we take advantage to buy things that are at

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Speaker 1: discounts and then you will reap the benefits in the

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Speaker 1: second and third quarter. It's all a matter of patience,

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Speaker 1: and you know, the most important thing is is what

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Speaker 1: is your advisor doing right now? Are they moving through

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Speaker 1: stuff to cash? Are they repositioning, because if they're not,

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Speaker 1: then you need to give us a call. That is

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Speaker 1: the difference that you get here. We actively manage and

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Speaker 1: that's what you know keeps you from losing twenty percent

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Speaker 1: and keeps those gains. You know, if I take you know,

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Speaker 1: I'm going to take cash and and the positions, you know,

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Speaker 1: take those gains and turn it into cash. That's what

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Speaker 1: preserves you from taking a loss. So anyone out there,

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Speaker 1: if your advisor's not calling you, if he's telling you

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Speaker 1: it's going to come back, and he's not doing anything,

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Speaker 1: I think it's time for you to get a portfolio

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Speaker 1: extra with us and see what we can help you.

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Speaker 1: Or if you're going to retire and you need an

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Speaker 1: X ray and you're a little concerned about you know,

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Speaker 1: as you get older, I need to be a little

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Speaker 1: bit more conservative. You want to diversify your assets, then

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Speaker 1: maybe we need to talk about doing it in service

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Speaker 1: rollover so that way we can spread the risk and

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Speaker 1: give you different acid classes.

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Speaker 3: Right, So here's Greg's number. You can call him and say, hey,

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Speaker 3: I want to protect this money. Five six two two

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Speaker 3: nine one zero zero seven. That's what he does each

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Speaker 3: and every day five six two two six nine one

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Speaker 3: zero zero seven. Call or text Advisors on Call or

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Speaker 3: check him out on Advisors on Call dot com. So

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Speaker 3: that's interesting. You're taking the market goes sideways and does

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Speaker 3: a little creepy creepy, and people are calling you like

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Speaker 3: they're blaming you.

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Speaker 1: Not blaming, they're just concerned. And I understand that because

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Speaker 1: I know what I do, and especially for some of

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Speaker 1: the clients that new, they're probably not used to seeing

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Speaker 1: me actually put stuff in cash that maybe I bought

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Speaker 1: three or four months ago. Because if I see something

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Speaker 1: going down, I'm not going to let it go all

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Speaker 1: the way down. I'm going to stop the bleeding. And

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Speaker 1: if I see other opportunities that are much better when

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Speaker 1: things rebound, I'm going to take advantage of it. That's

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Speaker 1: true portfolio you know money management, right, it's actively looking

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Speaker 1: for things. I mean, if you want to look at

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Speaker 1: other money managers out there, you know, look at Kathy Woods.

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Speaker 1: You know she's always buying on the dips. Now you

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Speaker 1: know I don't follow her, but I do my own things.

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Speaker 1: I'm similar like that. That's what gets us the good returns.

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Speaker 1: And you know, for someone who actively manages, that's the

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Speaker 1: difference between someone who just passively and sits there and says,

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Speaker 1: you know, set it and forget it, like ninety percent

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Speaker 1: of the advisors out there, because remember, folks, those are

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Speaker 1: third party money managers. It's not the person that's in

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Speaker 1: front of me. It's not managing your assets. It's someone

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Speaker 1: else here. The adviser's on call. We I am managing

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Speaker 1: the assets with my three other colleagues. We look at stuff,

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Speaker 1: we get together, we need and we talk about the market,

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Speaker 1: and I just don't feel comfortable now where the market's at.

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Speaker 1: You know, you have some very good bargains that are

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Speaker 1: starting to take place, and you know I will take

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Speaker 1: advantage of those and we'll reap the benefits in the

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Speaker 1: second and third quarter. You know. Now, one of the

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Speaker 1: maybe we should talk about some of these questions that

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Speaker 1: we have here Jackie, about what does retirement mean to everyone?

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Speaker 1: And our portfolio is ready for a thirty year retirement?

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Speaker 1: And how does technology change the game for retirees? And

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Speaker 1: is share? So I think those are of all valid questions.

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Speaker 1: How would you like to approach to those?

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Speaker 3: Well, I was thinking, what does retirement for somebody my age,

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Speaker 3: you know, who's free retirement? Greg? What does reach retirement

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Speaker 3: even mean anymore? Because this is like the modern era.

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Speaker 3: We may want to evolving and I think retireing evolving. Yeah, yeah,

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Speaker 3: it's ever changing. Unfortunately, we're all living longer, you know,

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Speaker 3: because that's chance. One of the questions is having a

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Speaker 3: portfolio ready for a thirty year retirement. You know, if

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Speaker 3: you're going to retire in your sixties, chances are you're

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Speaker 3: going to live cheer nineties are very high. Crying out loud.

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Speaker 1: We got to pay for that exactly. And guess what

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Speaker 1: that means? Long term care? Oh yeah, you know. I'm

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Speaker 1: one of the biggest proponents of long term care. Compared

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Speaker 1: to my colleagues that are also on the radio, other

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Speaker 1: than talking about income for life, how many address long

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Speaker 1: term care. That is one of the most important vehicles

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Speaker 1: that we need to assess because if you're at a

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Speaker 1: thirty year retirement, we do not want to risk running

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Speaker 1: out of money. That is the biggest concern that all

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Speaker 1: of us have, me included. You know, I told you

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Speaker 1: I believe I'm gonna live till one twenty. You can

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Speaker 1: laugh at me, but that's what I believe. So I

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Speaker 1: need to make sure that I have enough assets where

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Speaker 1: I Am not going to run out. So that goes

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Speaker 1: to the quiz question is what does retirement even mean anymore?

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Speaker 1: I think in the future, as we get older, people

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Speaker 1: will still work perpetually, maybe not full time but part time,

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Speaker 1: but they will still work. Because remember, folks for Generation X,

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Speaker 1: like Jackie and myself, I'm talking to you out there,

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Speaker 1: only fifty percent of our social security is probably going

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Speaker 1: to be there. I'm being very honest, I'm being very

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Speaker 1: real with you. So what that means is that we

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Speaker 1: may need to supplement and we have to work longer.

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Speaker 1: I call a lot of people call in announced before

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Speaker 1: a portfolio X ray and I always tell them, I said,

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Speaker 1: you know, you need to be aware that Social Security

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Speaker 1: only half of it's going to be there. And some

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Speaker 1: people are shocked to go, oh, I don't think so. Now,

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Speaker 1: if you're if you are blessed enough to have a pension,

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Speaker 1: which sometimes you know, I come across a number of

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Speaker 1: clients to have pensions, you're going to be fine if

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Speaker 1: you work for the federal government or the state. But

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Speaker 1: for those who don't, we need to make our own pension.

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Speaker 1: We need to make our own stream of income. So

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Speaker 1: in order to do that, that's why I tell people

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Speaker 1: to do in service rollovers. So the question of what

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Speaker 1: does retirement mean anymore? Retirement could mean maybe still working

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Speaker 1: part time and you know, to supplement for income that

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Speaker 1: we need because we're going to live longer. Our other

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Speaker 1: question is how do we make a portfolio last for

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Speaker 1: thirty years? Now? How I address that is the following

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Speaker 1: the way we do our asset allocation strategies. I've always

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Speaker 1: told you thirty percent alts, twenty to thirty percent insurance

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Speaker 1: anywhere between, you know, thirty percent equities, and then twenty

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Speaker 1: percent interval. And remember, folks, those intervals can go anywhere

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Speaker 1: to the other classes depending on your risk tolerance. So

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Speaker 1: we want to make sure that you don't want to

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Speaker 1: outlive your income. That's why we devote thirty percent of

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Speaker 1: your portfolio to income for life. In addition to that,

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Speaker 1: we want to we want to lower the amount of

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Speaker 1: volatility on your portfolio. We do twenty thirty percent in

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Speaker 1: alts because they're not correlated to the market. Because when

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Speaker 1: the market goes down, remember this, folks, you've got a

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Speaker 1: five hundred thousand dollars portfolio. If you have thirty percent

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Speaker 1: in alternative investments, that's one hundred and fifty thousand dollars.

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Speaker 1: If you have thirty percent in insurance, that's another one

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Speaker 1: hundred and fifty thousand dollars. So that means that three

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Speaker 1: hundundred thousand dollars your money is safeguarded. So if we

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Speaker 1: only have two hundred thousand invested in the market, even

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Speaker 1: though it's a five hundred thousand dollars portfolio, when the

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Speaker 1: market goes down ten percent, you're down twenty thousand. But

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Speaker 1: had you have that in a regular sixty to forty

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Speaker 1: portfolio and you're down ten percent, guess what, You're down

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Speaker 1: fifty thousand. There is a big difference. That's why we

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Speaker 1: do the asset allocation strategies that we do.

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Speaker 3: All right, now, this is wisdom, and you can call

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Speaker 3: and get an appointment with Greg, face to face, no cost,

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Speaker 3: no obligation Advisors on call five six two to sixty

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Speaker 3: nine one zero zero seven, five sixty two to sixty

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Speaker 3: nine one zero zero seven caller text.

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Speaker 2: Now, Hey, look, there's a lot of chatter out there,

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Speaker 2: but I can confidently say if you're looking for straight talk,

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Speaker 2: common sense and a retirement plan that's built for you,

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Speaker 2: then we have something in common. Retirement planning doesn't have

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Speaker 2: to be complicated. Take advantage of our no cost, no

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Speaker 2: obligation consultation and make sure your retirement plan really is

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Speaker 2: aligned with your goals and risk tolerance. Do not guess here,

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Speaker 2: know your retirement date with confidence. Called Greg Ramirez on call.

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Speaker 2: Advisors proudly serving Southern California five six two two six

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Speaker 2: nine one zero zero seven. That's five six two two six'

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Speaker 2: nine one zero zero. Seven, Really, so.

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Speaker 4: Mister, JOHNSON i understand you have questions about the report

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Speaker 4: we provided.

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Speaker 1: You, WELL i do.

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Speaker 5: Lots ACTUALLY i don't understand.

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Speaker 1: Over sure love that it's leather.

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Speaker 5: Bound really after information about. Me i'm concerned That i'm.

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Speaker 4: Not sure you think that the gold tassels were a nice.

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Speaker 3: Touch how about the, Calligraphy.

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Speaker 5: Well doesn't really say anything about my retirement.

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Speaker 1: SPECIFICALLY i, mean.

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Speaker 4: How about the custom. Illustrations, look here's you at first

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Speaker 4: looking all, sad and here's you after meeting with, us.

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Speaker 1: Happy have.

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Speaker 5: Happy WELL i WISH i. WAS i don't need all

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Speaker 5: This roman. NUMERALS i, mean what IS, mxxv.

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Speaker 4: Mister, johnson that's page oneenty twenty.

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Speaker 6: Five do you want to retirement report that looks? Nice

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Speaker 6: or do you want a, solid actionable plan built specifically for,

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Speaker 6: You Greg ramirez in the team that advisors on call

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Speaker 6: focus on strategies tailored to your best. Interest strategy is

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Speaker 6: designed to create for. Retirement you've always. Envisioned schedule your

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Speaker 6: consultation by calling five six y two two six' nine

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Speaker 6: one zero, zero seven Proudly Serving southern. California again that's

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Speaker 6: five six two two six nine one double.

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Speaker 4: Oh, Seven okay we've got you all set up here

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Speaker 4: Using The, monte Carlo The El camino pinto, hatchback simulation

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Speaker 4: and THE formula E equals mc squared factoring sequence.

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Speaker 5: Of returns i'm NOT sure i really understand what.

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Speaker 1: You're saying.

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Speaker 4: It's simple just TAKE the aer and then consider THE

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Speaker 4: ap r along with dollar, cost averaging and then implement

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Speaker 4: the flux capacitor AND the aeiou.

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Speaker 5: Wait, a minute are you just making things up to

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Speaker 5: make it.

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Speaker 1: Sound good you're out, of.

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Speaker 4: Line sir some of THOSE things, i said we're real.

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Speaker 6: Kind of financial jargon that leaves you. Feeling Confused and Advisor's,

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Speaker 6: On Call, greg ramirez, offer clear straightforward advice about. Your

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Speaker 6: retirement understand, your strategies, regain control get peace, of mind

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Speaker 6: knowing exactly where. You stand call five six two two

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Speaker 6: six nine one zero. Zero seven now an experience of

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Speaker 6: clear play speaking advice proudly serving. SoCal again that's five

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Speaker 6: six two two six nine ONE double.

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Speaker 1: O seven.

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Speaker 2: I?

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Speaker 3: Love Technology h is it going to be here for

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Speaker 3: the betterment? OF mankind i always. Wonder, this hey welcome

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Speaker 3: back to Our show Advisors on Call With greg Ramirez

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Speaker 3: of Advisors. On call that's the name of his firm

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Speaker 3: and you can find Him on Advisors on call. Dot

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Speaker 3: Call I'm. Jackie selby what do you think about ALL

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Speaker 3: this ai? Smart homes Let's see we're gonna have to

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Speaker 3: have an in. Home robot don't you think to do

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Speaker 3: our work inside?

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Speaker 6: The?

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Speaker 3: House, WHAT oh i think.

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Speaker 1: That's coming all. THAT'S coming, i mean we already have a.

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Speaker 1: Conrace driving, you know we're seeing. That box, YOU know

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Speaker 1: i think twenty years, from now, you know do you

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Speaker 1: remember do you remember The Cartoon. The jetsons OF course

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Speaker 1: I liked rosie and do you remember The? MAID rosie

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Speaker 1: i Think we're rosie. THE way i think we're gonna

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Speaker 1: have something. Like, that seriously she.

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Speaker 3: Was funny she was such a. Smart, alec, Yeah.

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Speaker 1: Yeah and so what does? THAT mean, I, think okay

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Speaker 1: if we look at technology from a, retirement standpoint we're

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Speaker 1: all going to, live. Longer FOLKS and i hate to

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Speaker 1: break it, to you there's gonna be a lot one

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Speaker 1: hundred year, old people a lot more than you think

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Speaker 1: than there was in, the past because technology is allowing

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Speaker 1: us to. Live longer what do, they say forties are the,

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Speaker 1: New thirties fifties are the, New forties sixties are the,

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Speaker 1: new fifties seventies are the. NEW sixties i truly believe

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Speaker 1: in the future that might be going up where it,

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Speaker 1: might be, you know instead of a ten, year difference

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Speaker 1: a fifteen. Year difference how many people in your seventies

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Speaker 1: have you seen because, of technology because of people getting,

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Speaker 1: plastic surgery doing botox that a seven year old looks

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Speaker 1: like in, their fifties or people living longer because they're taking,

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Speaker 1: you know because, of technology they're using technology to check,

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Speaker 1: their cholesterol check their. Heart rate these are things in

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Speaker 1: the past that we. Couldn't do, you know if we,

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Speaker 1: would go if we, don't go if we'd go to,

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Speaker 1: the doctor that's the only way we knew there was

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Speaker 1: something wrong. With us but now there's a scale out

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Speaker 1: there that can actually not only just weigh you know what.

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Speaker 1: You weigh it gives YOU, Your bmi it gives you your,

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Speaker 1: blood pressure it, gives you you know what YOUR your

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Speaker 1: T cell, t counts and your blood cell red and white.

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Speaker 1: Blood cells it lets you know if you're. Pre diabetic

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Speaker 1: it's a very, sophisticated thing. You know and and the

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Speaker 1: scale itself is not. VERY expensive i think it was

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Speaker 1: like three, ninety nine But during christmas by two for

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Speaker 1: one ninety nine, each yet so it was A very

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Speaker 1: so you use your Your your apple phone Or your,

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Speaker 1: android phone and then you weigh yourself at about six

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Speaker 1: thirty in the morning once. A week it gives you

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Speaker 1: these accurate readings and then it tells you you know

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Speaker 1: what to do how to. Lose weight and then it

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Speaker 1: also goes by. Body types so because everyone has different,

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Speaker 1: Body types so would that type? Of technology think, about,

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Speaker 1: That folks we didn't have that twenty to thirty. Years ago,

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Speaker 1: you know we could actually find something that if we're,

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Speaker 1: pre diabetic or maybe maybe our heart rate is higher,

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Speaker 1: than normal or maybe the blood the kind of white

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Speaker 1: blood cells to red blood, blood cells and the, you,

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Speaker 1: know hey there's something wrong, WITH me i need to go.

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Speaker 1: And check these are things we. Couldn't do that's why

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Speaker 1: we're going to, live longer because we have technology that

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Speaker 1: gives us a warning a lot earlier than what our. Predecessors.

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Speaker 1: Did wow and that's why, you KNOW when I when

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Speaker 1: i come around full CIRCLE and, i say THAT'S why

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Speaker 1: i pushed long term CARE because i know we're going to.

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Speaker 1: Live longer SO when i tell you that We're gonna

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Speaker 1: i'm going to live to, One twenty I'M not i

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Speaker 1: don't sound as crazy, BECAUSE yes i. EMBRACE technology i

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00:17:59,359 --> 00:18:02,600
Speaker 1: have that scale. AT home i check myself and it's.

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Speaker 1: Really interesting. IT is i mean because once you see

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Speaker 1: a picture of, you know all those diagnostics that you

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00:18:08,720 --> 00:18:10,240
Speaker 1: never see that are only available when you go and

390
00:18:10,280 --> 00:18:12,800
Speaker 1: get a, check up it makes a. Big difference it makes,

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00:18:12,800 --> 00:18:15,159
Speaker 1: me think like sometimes your uric acid might be up

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00:18:15,160 --> 00:18:16,600
Speaker 1: because you're eating a lot. Of meat then, you, GO

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00:18:16,640 --> 00:18:19,560
Speaker 1: oh i better tone. That down or maybe your sugar

394
00:18:19,600 --> 00:18:21,199
Speaker 1: levels are high because you've been having a lot. Of,

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00:18:21,680 --> 00:18:24,680
Speaker 1: desserts yes it makes you think because, you're, like oh,

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00:18:25,240 --> 00:18:27,919
Speaker 1: YOU know i don't want my glucose levels at high.

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00:18:28,040 --> 00:18:31,640
Speaker 1: These are it's putting the thought process into your mind

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00:18:31,680 --> 00:18:35,040
Speaker 1: to be careful as before a lot of times we

399
00:18:35,080 --> 00:18:37,560
Speaker 1: wouldn't think. About that so THAT'S why. I think and

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00:18:37,560 --> 00:18:39,680
Speaker 1: then in addition to, with Technology now i'm going to

401
00:18:39,720 --> 00:18:41,800
Speaker 1: talk about the weight. Loss drugs let's, face, it folks

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00:18:42,040 --> 00:18:44,520
Speaker 1: if we're, not obese we're in, Better shape we're going

403
00:18:44,600 --> 00:18:46,720
Speaker 1: to have a less propensity to have. A, STROKE now

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00:18:46,760 --> 00:18:50,159
Speaker 1: i don't know what the, long term you know what

405
00:18:50,280 --> 00:18:52,119
Speaker 1: long term the effects are going to be by taking

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00:18:52,119 --> 00:18:54,119
Speaker 1: these these these drugs to. LOSE weight i do think

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00:18:54,119 --> 00:18:58,600
Speaker 1: there's going to be some consequences because, you know let's

408
00:18:58,600 --> 00:19:01,879
Speaker 1: talk About Fan fan fan, had. Consequences folks everybody was

409
00:19:01,920 --> 00:19:04,040
Speaker 1: losing weight and that ended up, causing hearts, heart attacks.

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00:19:04,080 --> 00:19:05,840
Speaker 1: And strokes i'm not going to say that that's going,

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00:19:05,920 --> 00:19:08,199
Speaker 1: to HAPPEN but i think there are some permanent consequences

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00:19:08,280 --> 00:19:11,240
Speaker 1: because nobody should take a. Drug, FOREVER yeah i, don't

413
00:19:11,240 --> 00:19:13,879
Speaker 1: believe especially if you're not. A diabetic i think naturally

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00:19:13,920 --> 00:19:16,000
Speaker 1: if you could, lose weight and, you know it's a

415
00:19:16,040 --> 00:19:18,679
Speaker 1: lot of it's. A mindset but getting back to your

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00:19:18,680 --> 00:19:21,280
Speaker 1: retirement planning. About this that Is why i'm telling you

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00:19:21,320 --> 00:19:23,119
Speaker 1: we are all. Living longer so there's two things that

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00:19:23,160 --> 00:19:24,920
Speaker 1: we need in, our. Portfolio folks that is the most,

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00:19:24,960 --> 00:19:29,919
Speaker 1: important thing especially if we are not blessed enough to

420
00:19:30,040 --> 00:19:33,440
Speaker 1: have a pension or or, you know a. Pension plan

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00:19:34,119 --> 00:19:36,040
Speaker 1: you've got to have income. For life and you've got

422
00:19:36,080 --> 00:19:37,719
Speaker 1: to have a long term. Care Policy and i'm going

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00:19:37,760 --> 00:19:40,399
Speaker 1: to tell. You something if you don't have a liquid

424
00:19:40,400 --> 00:19:43,160
Speaker 1: net worth of six, million DOLLARS and i mean a liquid,

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00:19:43,200 --> 00:19:46,160
Speaker 1: net worth then you need long. Term care and it's

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00:19:46,200 --> 00:19:47,919
Speaker 1: so if, two People so i'm going to, tell you

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00:19:47,920 --> 00:19:50,520
Speaker 1: so if two people, a couple they have three million,

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00:19:50,560 --> 00:19:52,680
Speaker 1: dollars each you're still going to need long. Term care

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00:19:52,840 --> 00:19:54,919
Speaker 1: and you're going to need income for life because, remember,

430
00:19:54,960 --> 00:19:59,119
Speaker 1: this folks when someone, passes away you only get to

431
00:19:59,200 --> 00:20:03,520
Speaker 1: keep one. Soul security. That's huge that. Cuts off, you

432
00:20:03,520 --> 00:20:05,400
Speaker 1: know if both of you, were working and let's say

433
00:20:05,400 --> 00:20:08,600
Speaker 1: you're getting three thousand dollars a month, in income that's.

434
00:20:08,600 --> 00:20:11,920
Speaker 1: Six thousand but now when three thousands, dollars gone that cuts.

435
00:20:11,960 --> 00:20:14,840
Speaker 1: Fifty percent now for people that don't have access to

436
00:20:14,880 --> 00:20:19,000
Speaker 1: a pension and you're used, to that. That hurts so

437
00:20:19,080 --> 00:20:20,800
Speaker 1: where we're going to make the difference in. That income

438
00:20:21,040 --> 00:20:23,000
Speaker 1: we're going to give you a policy that pays income

439
00:20:23,040 --> 00:20:26,760
Speaker 1: for life because in the event that you, pass away

440
00:20:27,600 --> 00:20:31,080
Speaker 1: the spouse or your significant other will continue to get

441
00:20:31,080 --> 00:20:33,199
Speaker 1: a stream. Of income so that means that you're going

442
00:20:33,280 --> 00:20:35,440
Speaker 1: to have that plus your. Soul security it's like you never.

443
00:20:35,480 --> 00:20:39,200
Speaker 1: Lost anything in, some cases it's about, being prepared because

444
00:20:39,240 --> 00:20:42,240
Speaker 1: being prepared for the unknown is what's going to save

445
00:20:42,320 --> 00:20:45,000
Speaker 1: us for. The future, you know we all know we're going.

446
00:20:45,040 --> 00:20:46,639
Speaker 1: To outlive and that's one of the other things IS

447
00:20:46,720 --> 00:20:49,960
Speaker 1: that i don't think a lot of insurance actuaries are

448
00:20:50,000 --> 00:20:51,719
Speaker 1: actually betting that people are going to live to. Their

449
00:20:51,800 --> 00:20:53,520
Speaker 1: Hundreds now i'm willing to bet that we're going to

450
00:20:53,560 --> 00:20:55,480
Speaker 1: have a lot of people living. Two hundreds THAT'S why

451
00:20:55,480 --> 00:20:57,720
Speaker 1: i push income for LIFE and i always. Push, aboup,

452
00:20:58,119 --> 00:21:01,480
Speaker 1: remember folks when you, buy annuity you buy annuity for.

453
00:21:01,480 --> 00:21:03,879
Speaker 1: Two reasons you either buy it for growth and obviously

454
00:21:03,920 --> 00:21:05,320
Speaker 1: when it's coming, with growth it's not going to have

455
00:21:05,320 --> 00:21:08,480
Speaker 1: an income, benefit life or you buy the income benefit. For,

456
00:21:08,560 --> 00:21:10,680
Speaker 1: life now when you buy the income benefit, For life

457
00:21:10,760 --> 00:21:12,840
Speaker 1: i'm going to be upfront, with you it is not

458
00:21:12,880 --> 00:21:14,840
Speaker 1: going to perform on a. Growth standpoint if you're going

459
00:21:14,880 --> 00:21:17,359
Speaker 1: to get a ten, percent return that's going to occur

460
00:21:17,480 --> 00:21:20,280
Speaker 1: on the. Income side and when you're buying, an annuity

461
00:21:20,359 --> 00:21:22,720
Speaker 1: you need to, know THAT because i have some people

462
00:21:22,760 --> 00:21:25,240
Speaker 1: that call me and, They, say greg why this is

463
00:21:25,240 --> 00:21:27,639
Speaker 1: Annuity performing it's only at, six percent but then on

464
00:21:27,680 --> 00:21:30,160
Speaker 1: the income for life it's performing at sixteen percent because

465
00:21:30,160 --> 00:21:33,439
Speaker 1: there it's paying a doubler of two hundred percent whatever the.

466
00:21:33,480 --> 00:21:37,800
Speaker 1: Index credits know, the difference and know that you're buying

467
00:21:37,800 --> 00:21:39,840
Speaker 1: it for the deferral income in, the future which is

468
00:21:39,840 --> 00:21:44,240
Speaker 1: going to be much more Important, than again most people

469
00:21:44,280 --> 00:21:46,679
Speaker 1: don't talk about the difference when it's coming to annuities.

470
00:21:46,800 --> 00:21:49,360
Speaker 1: Like that they usually just offer one thing or they're

471
00:21:49,400 --> 00:21:51,000
Speaker 1: a one. Trick Pony and. I'M sorry i don't mean

472
00:21:51,000 --> 00:21:53,600
Speaker 1: to be negative my colleagues out there or, other people

473
00:21:53,600 --> 00:21:56,600
Speaker 1: but sometimes people don't take the extra step to explain.

474
00:21:56,640 --> 00:21:58,679
Speaker 1: To people and THAT'S why i tell, you that, you

475
00:21:58,720 --> 00:22:01,360
Speaker 1: know when the, market fluctuates give me. A call i'm

476
00:22:01,359 --> 00:22:03,280
Speaker 1: here to answer. Your questions if you have a question

477
00:22:03,320 --> 00:22:05,480
Speaker 1: about what we did on, The portfolio i'm here to

478
00:22:05,520 --> 00:22:09,240
Speaker 1: answer you because sometimes clients they, hear you but they,

479
00:22:09,240 --> 00:22:11,160
Speaker 1: don't listen and then it's not until a year later

480
00:22:11,160 --> 00:22:13,160
Speaker 1: when they look at their statement and, they, Go wow

481
00:22:13,240 --> 00:22:15,480
Speaker 1: i'm not satisfied with. The performance and then when you

482
00:22:15,520 --> 00:22:18,120
Speaker 1: explain to them why they got it and what. It's

483
00:22:18,119 --> 00:22:20,679
Speaker 1: about because, you, remember FOLKS when i talk about income,

484
00:22:20,720 --> 00:22:23,119
Speaker 1: FOR life i want you to get that income for

485
00:22:23,240 --> 00:22:26,520
Speaker 1: life USING your, ira money because if we can CONVERT

486
00:22:26,560 --> 00:22:29,600
Speaker 1: that ira to A. Roth ira guess what that income

487
00:22:29,640 --> 00:22:32,200
Speaker 1: for life is income. Tax FREE if i TAKE non,

488
00:22:32,240 --> 00:22:36,000
Speaker 1: ira money it's still going to be taxable because we're

489
00:22:36,000 --> 00:22:37,640
Speaker 1: going to get tax on, the gains or in some

490
00:22:37,680 --> 00:22:39,800
Speaker 1: case when you turn that income, for life it's one hundred.

491
00:22:39,800 --> 00:22:42,880
Speaker 1: Percent taxable that's one of the other differences that we

492
00:22:42,920 --> 00:22:45,399
Speaker 1: do hit a advirus don call compared to other places

493
00:22:45,400 --> 00:22:48,240
Speaker 1: because other places don't think. About that how many people

494
00:22:48,280 --> 00:22:50,320
Speaker 1: talk to you About roth. IRA conversions a lot of.

495
00:22:50,320 --> 00:22:55,399
Speaker 1: Places don't sometimes they're not. Allowed to so that is

496
00:22:55,440 --> 00:22:58,639
Speaker 1: the difference of what we. Do, here now there is

497
00:22:58,680 --> 00:23:01,600
Speaker 1: a fourth question that we had about talking. About inflation but, guess,

498
00:23:01,600 --> 00:23:05,000
Speaker 1: what folks if we have a roth, iric conversion you

499
00:23:05,000 --> 00:23:07,240
Speaker 1: don't have to worry about inflation because you're not. Paying

500
00:23:07,280 --> 00:23:10,240
Speaker 1: taxes so if we get you a gross return of

501
00:23:10,800 --> 00:23:12,879
Speaker 1: let's say four thousand dollars a month, in income you

502
00:23:12,880 --> 00:23:15,600
Speaker 1: don't have to. Pay taxes that's forty eight thousand that

503
00:23:15,640 --> 00:23:19,159
Speaker 1: you're getting straight gross. Without taxes if you had to,

504
00:23:19,160 --> 00:23:22,280
Speaker 1: pay taxes you would probably get about thirty five hundred

505
00:23:22,960 --> 00:23:25,719
Speaker 1: or thirty, four hundred depending on your. Tax piser so

506
00:23:25,720 --> 00:23:27,800
Speaker 1: you're getting an extra six hundred dollars, a month which

507
00:23:27,880 --> 00:23:30,440
Speaker 1: can be a big difference when you're when, you're retiring.

508
00:23:30,440 --> 00:23:33,080
Speaker 3: Right five six two two six nine one zero, zero

509
00:23:33,200 --> 00:23:36,160
Speaker 3: seven it's five six two two six nine one zero.

510
00:23:36,280 --> 00:23:39,719
Speaker 3: Zero Seven Call, Greg ramirez advisor's on call call or

511
00:23:39,760 --> 00:23:50,080
Speaker 3: text be. Right, Down, WELL greg i feel like retirement

512
00:23:50,280 --> 00:23:55,000
Speaker 3: isn't just about spreadsheets, it's about, you, know rhythm rhythm of.

513
00:23:55,040 --> 00:23:58,720
Speaker 3: Your life, welcome. Back everybody to advisors on Call With,

514
00:23:58,760 --> 00:24:02,160
Speaker 3: Greg ramirez visors on call dot com or five six

515
00:24:02,240 --> 00:24:05,040
Speaker 3: two two six nine one zero. Zero seven it's a

516
00:24:05,080 --> 00:24:07,679
Speaker 3: caller a text to advisors on call five six two

517
00:24:07,760 --> 00:24:10,720
Speaker 3: two six nine one zero. ZERO seven, i mean retirement

518
00:24:10,760 --> 00:24:13,840
Speaker 3: doesn't mean never having to say is it too early?

519
00:24:13,920 --> 00:24:18,960
Speaker 3: TO drink, I mean i just most people when they think,

520
00:24:19,000 --> 00:24:21,360
Speaker 3: of retirement they want to, hit it. Don't they they want,

521
00:24:21,359 --> 00:24:22,800
Speaker 3: to go, Go, go yes.

522
00:24:22,840 --> 00:24:25,280
Speaker 1: They, do yeah that's very true.

523
00:24:25,080 --> 00:24:27,239
Speaker 3: Because it's so exciting not to have any, you know

524
00:24:27,320 --> 00:24:31,160
Speaker 3: eight or nine, am meetings no, water cooler, SMALL talk,

525
00:24:31,520 --> 00:24:34,440
Speaker 3: hr training having to show up and wear something nice

526
00:24:34,440 --> 00:24:36,440
Speaker 3: and be nice. To people oh but maybe that's.

527
00:24:36,480 --> 00:24:39,440
Speaker 7: My experience, ah yeah but, You, KNOW jackie i don't

528
00:24:39,440 --> 00:24:41,480
Speaker 7: know if you looked, at it but like today's, younger

529
00:24:41,520 --> 00:24:43,160
Speaker 7: generation they don't dress.

530
00:24:43,000 --> 00:24:43,600
Speaker 1: Up like YOU and.

531
00:24:43,680 --> 00:24:45,119
Speaker 3: I did they don't.

532
00:24:45,160 --> 00:24:45,240
Speaker 6: Do.

533
00:24:45,320 --> 00:24:47,440
Speaker 1: They no i'll give you. AN example i was at

534
00:24:47,440 --> 00:24:50,480
Speaker 1: this restaurant the other day and they were intervening people to,

535
00:24:50,560 --> 00:24:53,159
Speaker 1: work there and you know those people were nice clothes

536
00:24:53,440 --> 00:24:55,760
Speaker 1: Or even i'll even take myself. For example ONE so

537
00:24:55,840 --> 00:24:58,000
Speaker 1: i remember about a year and a, HALF ago i

538
00:24:58,040 --> 00:25:00,159
Speaker 1: was trying to find a new front office person to

539
00:25:00,200 --> 00:25:05,000
Speaker 1: Help out alex and these. People nobody i'm kind of

540
00:25:05,040 --> 00:25:07,159
Speaker 1: one person that actually was dressed up nice to go with.

541
00:25:07,200 --> 00:25:10,840
Speaker 1: The pantsuit it was a female and everybody else came

542
00:25:10,880 --> 00:25:13,159
Speaker 1: in jeans and a t like a LIKE a, t

543
00:25:13,280 --> 00:25:15,679
Speaker 1: shirt not even like a? Polo WHAT and i was

544
00:25:15,720 --> 00:25:19,080
Speaker 1: a pall that they came to. The interview, it's, like well.

545
00:25:19,240 --> 00:25:21,560
Speaker 3: You can what are they thinking that that's what they're

546
00:25:21,600 --> 00:25:22,680
Speaker 3: going to be able to wear?

547
00:25:22,760 --> 00:25:26,280
Speaker 1: To work, you know let's, face it a Lot like

548
00:25:26,600 --> 00:25:29,440
Speaker 1: i'll be honest with. EVEN myself, I mean i remember

549
00:25:30,359 --> 00:25:33,639
Speaker 1: twenty years AGO when i was working at the at

550
00:25:33,640 --> 00:25:37,640
Speaker 1: The credit. UNION program i wear a suit. Every day,

551
00:25:38,520 --> 00:25:41,800
Speaker 1: you know today you walk into, a branch you see people.

552
00:25:41,880 --> 00:25:44,399
Speaker 1: Without ties they may have, a suit but without. A

553
00:25:44,440 --> 00:25:48,760
Speaker 1: tie so things, have CHANGED and i, you know, you

554
00:25:48,800 --> 00:25:50,880
Speaker 1: know does that mean that the person knows less because they're.

555
00:25:50,880 --> 00:25:53,960
Speaker 1: Not DRESSED but i think a level, of professionalism, you

556
00:25:54,000 --> 00:25:56,239
Speaker 1: KNOW when i do, My seminars i'm going to make

557
00:25:56,280 --> 00:25:59,119
Speaker 1: darn Shirt that i'm wearing a Suit because. I'M professional

558
00:25:59,119 --> 00:26:01,359
Speaker 1: i want people to Know that. I'm PROFESSIONAL but i

559
00:26:01,359 --> 00:26:04,280
Speaker 1: think things ARE changing i can tell you from twenty

560
00:26:04,359 --> 00:26:06,840
Speaker 1: years ago when when there was social events but for,

561
00:26:06,960 --> 00:26:09,919
Speaker 1: financial advisors everybody was in, a sue. Dressed up, you

562
00:26:09,920 --> 00:26:11,800
Speaker 1: know women would be in a in a in a.

563
00:26:11,840 --> 00:26:16,560
Speaker 1: Power suit. Not anymore it's changed a lot. More casual and,

564
00:26:16,680 --> 00:26:18,680
Speaker 1: you know then we went to business casual and now

565
00:26:18,720 --> 00:26:21,440
Speaker 1: like we've seen have gone. To CASUAL so i think.

566
00:26:21,480 --> 00:26:26,600
Speaker 1: THAT'S changed i think that that's definitely changed. Really, Good

567
00:26:27,000 --> 00:26:30,520
Speaker 1: yeah i'm. OLD school I mean i like, dressing up but,

568
00:26:30,880 --> 00:26:32,679
Speaker 1: YOU know, i think, you know when when we're dealing with,

569
00:26:32,680 --> 00:26:35,159
Speaker 1: people's money, you know we should always, you know.

570
00:26:35,200 --> 00:26:39,720
Speaker 3: Look, professional yeah it's it's easier for us girls because

571
00:26:39,720 --> 00:26:41,960
Speaker 3: we can wear hair and makeup and, you know a

572
00:26:42,040 --> 00:26:44,720
Speaker 3: nice pocketbook and, all that and so we can go from,

573
00:26:44,840 --> 00:26:47,600
Speaker 3: you know work clothes to evening clothes. Really easily. That's

574
00:26:47,600 --> 00:26:50,800
Speaker 3: correct but you guys have to, you know be clean and.

575
00:26:50,840 --> 00:26:56,520
Speaker 3: Fresh smelling it's. Not easy well that's. Very interesting so

576
00:26:56,720 --> 00:27:00,000
Speaker 3: do you think that people struggle with too much free time?

577
00:27:00,200 --> 00:27:02,520
Speaker 3: In general to get back to our subject matter of,

578
00:27:02,560 --> 00:27:03,560
Speaker 3: RETIRING now.

579
00:27:03,720 --> 00:27:07,160
Speaker 1: I don't think people struggle with too much free TIME

580
00:27:07,920 --> 00:27:10,080
Speaker 1: because i think once, you're retired you have so much.

581
00:27:10,119 --> 00:27:12,400
Speaker 1: To do you just don't know where, to go which

582
00:27:12,480 --> 00:27:14,600
Speaker 1: could be maybe you struggle with too. Much freetime maybe,

583
00:27:14,600 --> 00:27:18,600
Speaker 1: you're RIGHT interest i just answer, my question most people.

584
00:27:18,640 --> 00:27:21,760
Speaker 1: Have hobbies, most PEOPLE what i see when, they retire

585
00:27:22,240 --> 00:27:24,000
Speaker 1: they spend a little bit more money in the first

586
00:27:24,000 --> 00:27:26,240
Speaker 1: four or five years because they're doing those traveling trips

587
00:27:26,280 --> 00:27:31,120
Speaker 1: they've always wanted. To do and, you know obviously they're doing,

588
00:27:31,160 --> 00:27:36,159
Speaker 1: their hobbies so they're going to. Buy stuff and most of,

589
00:27:36,200 --> 00:27:38,560
Speaker 1: the TIME what i find, out too is that people

590
00:27:38,600 --> 00:27:40,800
Speaker 1: actually want to go back to work part time because they. Get,

591
00:27:40,800 --> 00:27:44,480
Speaker 1: Bored right so, you're right maybe they do have too.

592
00:27:44,520 --> 00:27:47,639
Speaker 1: Much FREETIME but i think it's important that when, you

593
00:27:47,720 --> 00:27:49,880
Speaker 1: retire because this is the One thing i've LEARNED when

594
00:27:49,920 --> 00:27:52,840
Speaker 1: i was working with the people Over at boeing over

595
00:27:52,840 --> 00:27:56,119
Speaker 1: there On The long. BEACH plant i always remember that

596
00:27:56,160 --> 00:27:59,560
Speaker 1: when people, would retire and we're working there for, forty

597
00:27:59,640 --> 00:28:03,200
Speaker 1: years a lot of them passed away six months after.

598
00:28:03,240 --> 00:28:06,840
Speaker 1: They retired it's almost like their whole life and their

599
00:28:07,040 --> 00:28:14,080
Speaker 1: their ecosystem was was was, was was, you know everything

600
00:28:14,119 --> 00:28:17,280
Speaker 1: was around that job because, their friends the fact that

601
00:28:17,280 --> 00:28:22,520
Speaker 1: they would talk, to people they're having. A schedule but

602
00:28:22,600 --> 00:28:25,080
Speaker 1: once they, were home they couldn't cope because, you know

603
00:28:25,080 --> 00:28:27,159
Speaker 1: most of their friends, were there they were. Still, working so,

604
00:28:28,119 --> 00:28:32,000
Speaker 1: YOU know i do think we all need to have a,

605
00:28:33,080 --> 00:28:36,399
Speaker 1: you know either as a a family. Or friends we

606
00:28:36,520 --> 00:28:38,680
Speaker 1: have to have people that we talked to that we

607
00:28:38,720 --> 00:28:41,680
Speaker 1: CAN instacee sti because nobody wants to, be alone and

608
00:28:42,560 --> 00:28:46,560
Speaker 1: it's important and especially if someone, passes away a loved

609
00:28:46,600 --> 00:28:49,240
Speaker 1: one always needs to have a person to talk to

610
00:28:49,560 --> 00:28:52,960
Speaker 1: or the family needs to, you know go around them

611
00:28:53,040 --> 00:28:55,600
Speaker 1: and become that that that you know that THAT safety

612
00:28:55,640 --> 00:28:58,440
Speaker 1: i will say safety, in there but the, you know

613
00:28:59,600 --> 00:29:01,240
Speaker 1: they need to know having that person to talk, to

614
00:29:01,240 --> 00:29:03,240
Speaker 1: you just like you have a financial advisor when, you

615
00:29:03,280 --> 00:29:06,800
Speaker 1: retire having a financial advisor to help you with things

616
00:29:06,800 --> 00:29:08,560
Speaker 1: that you may not. Know about. You know one of

617
00:29:08,600 --> 00:29:10,160
Speaker 1: THE things i will say IS that i have come

618
00:29:10,160 --> 00:29:12,640
Speaker 1: across some people that when they, call in, they go, You,

619
00:29:12,640 --> 00:29:14,480
Speaker 1: KNOW gregor i used to manage my, own Assets but

620
00:29:15,120 --> 00:29:17,440
Speaker 1: i'm not familiar with long. Term care i'm not familiar

621
00:29:17,480 --> 00:29:20,520
Speaker 1: with with tax. Mitigation STRATEGIES and i applaud those people

622
00:29:20,560 --> 00:29:23,920
Speaker 1: because they're able to recognize that they Could be they

623
00:29:23,920 --> 00:29:25,680
Speaker 1: may be able to manage, the portfolio but they can't

624
00:29:25,720 --> 00:29:27,880
Speaker 1: manage these. Other THINGS so i like people, like that

625
00:29:28,200 --> 00:29:29,720
Speaker 1: and those are the type OF people i like to

626
00:29:29,760 --> 00:29:32,640
Speaker 1: work with because they already know that they need to

627
00:29:32,680 --> 00:29:35,680
Speaker 1: work with. An expert the hardest people to, Work with

628
00:29:35,880 --> 00:29:39,320
Speaker 1: i'll be very honest, with you are doctors because they

629
00:29:39,320 --> 00:29:41,680
Speaker 1: feel that they know. It ALL and, I sorry i

630
00:29:41,720 --> 00:29:44,560
Speaker 1: feel that sounds bad because maybe there's other doctors that

631
00:29:44,640 --> 00:29:48,200
Speaker 1: don't feel. That way but the Ones that i've, come

632
00:29:48,200 --> 00:29:50,479
Speaker 1: across they feel that they know more. Than, me NOW

633
00:29:50,480 --> 00:29:51,960
Speaker 1: if i was the TIME that i know more than

634
00:29:51,960 --> 00:29:54,920
Speaker 1: them and, they're filled they'd laugh. At me AND obviously

635
00:29:54,960 --> 00:29:56,800
Speaker 1: i would never laugh at a client or, a PROSPECT

636
00:29:56,800 --> 00:29:59,880
Speaker 1: but i find it entertaining that they think they know

637
00:30:00,240 --> 00:30:04,800
Speaker 1: more when. They don't that's the whole reason why. They

638
00:30:04,800 --> 00:30:07,320
Speaker 1: talk they contacted me in the first place was discuss

639
00:30:07,360 --> 00:30:11,480
Speaker 1: what they. Don't KNOW but i don't, say anything, you

640
00:30:11,560 --> 00:30:14,480
Speaker 1: know and some. Attorneys too i've come across some attorneys

641
00:30:14,480 --> 00:30:18,360
Speaker 1: that are way but that's, just life. You know but,

642
00:30:18,480 --> 00:30:21,280
Speaker 1: you know for the, MOST part i admire people that

643
00:30:21,560 --> 00:30:23,960
Speaker 1: when there's a situation where they don't understand and they

644
00:30:24,000 --> 00:30:26,680
Speaker 1: can tell me that they, NEED help i, respect that.

645
00:30:27,880 --> 00:30:29,920
Speaker 3: And you're more than willing, to, help so.

646
00:30:30,120 --> 00:30:33,239
Speaker 1: Of course or or SOMETIMES when I when i have

647
00:30:33,280 --> 00:30:36,280
Speaker 1: new prospects that have become clients and there's volatility in,

648
00:30:36,320 --> 00:30:37,920
Speaker 1: the market AND if i need to spend more time

649
00:30:38,000 --> 00:30:40,160
Speaker 1: with them and talk to them about how we work in,

650
00:30:40,160 --> 00:30:43,400
Speaker 1: our methodology because sometimes people don't understand when we're making

651
00:30:43,440 --> 00:30:47,640
Speaker 1: trades and we're actively managing they, you know let's say

652
00:30:47,640 --> 00:30:49,760
Speaker 1: they've worked with somebody else that wouldn't talk, to them

653
00:30:49,840 --> 00:30:52,200
Speaker 1: or the market just went, straight up so they really

654
00:30:52,280 --> 00:30:55,520
Speaker 1: wasn't volatility to. Deal with, You know i'm going to

655
00:30:55,520 --> 00:30:57,160
Speaker 1: talk to you and explain to You what, i'm doing

656
00:30:57,720 --> 00:30:59,880
Speaker 1: what that, process is and where we're going to, be at,

657
00:31:00,160 --> 00:31:02,320
Speaker 1: you know three to six months from NOW. M.

658
00:31:02,560 --> 00:31:06,560
Speaker 3: M point it is super important because it could be

659
00:31:06,600 --> 00:31:09,000
Speaker 3: a little bit confusing or daunting for them to be

660
00:31:09,040 --> 00:31:12,360
Speaker 3: looking at balances and stuff and not understanding how, things work.

661
00:31:12,280 --> 00:31:14,040
Speaker 1: Especially when they're retired and they're looking at it.

662
00:31:14,080 --> 00:31:15,880
Speaker 3: Every day, oh, no no.

663
00:31:16,120 --> 00:31:18,520
Speaker 1: That's it could. Be dangerous don't, do. That FOLKS like,

664
00:31:18,560 --> 00:31:21,760
Speaker 1: i said one of my best clients, Tells, me GREG

665
00:31:21,960 --> 00:31:24,560
Speaker 1: what i. EVALUATE you i valuate you on. TWELVE months

666
00:31:24,720 --> 00:31:27,040
Speaker 1: i Look at, january FIRST and i Look at december,

667
00:31:27,080 --> 00:31:30,600
Speaker 1: thirty first and THE question i ask you is how did?

668
00:31:30,640 --> 00:31:32,600
Speaker 1: We do what kind of return do? We have so,

669
00:31:33,560 --> 00:31:35,160
Speaker 1: you know if the person had a million dollars and

670
00:31:35,200 --> 00:31:37,200
Speaker 1: they went to a, million two then they made a twenty.

671
00:31:37,240 --> 00:31:40,440
Speaker 1: Percent return and they always, TELL me i want to

672
00:31:40,440 --> 00:31:43,840
Speaker 1: make sure it's net a Fees and i'm happy and that,

673
00:31:43,960 --> 00:31:46,360
Speaker 1: to me that's the, best approach because, He, SAYS greg

674
00:31:46,440 --> 00:31:47,960
Speaker 1: i realized that through the year it's going to. Be

675
00:31:48,040 --> 00:31:50,000
Speaker 1: VOLATILITY sometimes i don't want to look, at it, He

676
00:31:50,000 --> 00:31:52,520
Speaker 1: GOES and i see, it SOMETIMES but i get EXCITED

677
00:31:52,560 --> 00:31:54,680
Speaker 1: when i see transactions, being done like you're going, to

678
00:31:54,800 --> 00:31:57,720
Speaker 1: cash because that means that you're actually watching and you're.

679
00:31:57,760 --> 00:32:00,440
Speaker 1: Doing stuff AND then i see you, buy stuff and then,

680
00:32:00,520 --> 00:32:03,080
Speaker 1: you KNOW when i see the portfolio go back, up again,

681
00:32:03,080 --> 00:32:04,760
Speaker 1: he goes THAT'S when i know you're doing, your job,

682
00:32:05,400 --> 00:32:07,880
Speaker 1: He goes and you're consistent, about that and then, you

683
00:32:07,920 --> 00:32:11,080
Speaker 1: know this individual has been with me for about, twenty

684
00:32:11,160 --> 00:32:13,680
Speaker 1: years so he and at the beginning he used to

685
00:32:13,760 --> 00:32:15,440
Speaker 1: question ME when i would, make stuff and a very.

686
00:32:15,480 --> 00:32:18,960
Speaker 1: Good client so hopefully these new clients that are with

687
00:32:19,080 --> 00:32:21,160
Speaker 1: me they can see that and once they get used to,

688
00:32:21,200 --> 00:32:23,920
Speaker 1: high managers they Realize that i'm doing stuff that other people,

689
00:32:23,960 --> 00:32:26,520
Speaker 1: don't do and that's. The difference that's how we get,

690
00:32:26,600 --> 00:32:31,520
Speaker 1: higher returns that's how we have. Less volatility and because

691
00:32:31,560 --> 00:32:34,920
Speaker 1: of the methodology that we use with alternative investments, and

692
00:32:34,960 --> 00:32:37,160
Speaker 1: insurance there's. A, Difference.

693
00:32:37,120 --> 00:32:39,640
Speaker 3: Right and here's, the number so you can call and

694
00:32:39,680 --> 00:32:42,520
Speaker 3: Talk to greg, and, say hey show me five six

695
00:32:42,560 --> 00:32:45,520
Speaker 3: two two sixty nine one zero zero seven five six

696
00:32:45,560 --> 00:32:49,960
Speaker 3: two two six nine one zero. Zero seven his Firm

697
00:32:50,040 --> 00:32:53,880
Speaker 3: is Advisors on call and the Website is Advisors on call.

698
00:32:53,880 --> 00:32:57,440
Speaker 3: Dot COM so i think we covered a lot there

699
00:32:57,480 --> 00:33:00,000
Speaker 3: In the, you know do people struggle with too much?

700
00:33:00,080 --> 00:33:03,520
Speaker 3: Free time, you know community plays a part in being

701
00:33:03,560 --> 00:33:06,760
Speaker 3: involved in your life once. You retire what about couples

702
00:33:06,840 --> 00:33:09,800
Speaker 3: trying to Navigate the oh, my GOSH now i have

703
00:33:09,840 --> 00:33:13,880
Speaker 3: to look at you all day. Every day, Oh funny.

704
00:33:14,680 --> 00:33:16,920
Speaker 1: Well that happens too because you know a lot, of,

705
00:33:16,960 --> 00:33:21,200
Speaker 1: times right a lot, of times, you know one, person's

706
00:33:21,240 --> 00:33:24,120
Speaker 1: working one, person's not and then when they're both, not

707
00:33:24,240 --> 00:33:26,840
Speaker 1: working and they could bomp some heads because, you know

708
00:33:27,200 --> 00:33:29,760
Speaker 1: that person that was used to the person working has

709
00:33:29,800 --> 00:33:31,720
Speaker 1: to adjust to you of the person being there all. The,

710
00:33:31,760 --> 00:33:34,680
Speaker 1: Time yeah hence that means someone can get a part

711
00:33:34,720 --> 00:33:36,360
Speaker 1: time job because maybe they don't want to be there all.

712
00:33:36,400 --> 00:33:40,120
Speaker 3: The time right, Either way but it must be quite

713
00:33:40,120 --> 00:33:42,520
Speaker 3: an adjustment because, you know when you're raising kids, and

714
00:33:42,560 --> 00:33:46,360
Speaker 3: stuff there's not a lot of, overlapping time and all of,

715
00:33:46,400 --> 00:33:49,240
Speaker 3: a sudden all, day long you guys have to get

716
00:33:49,240 --> 00:33:49,640
Speaker 3: to know each.

717
00:33:49,680 --> 00:33:53,000
Speaker 1: Other again better have, Some hobbies better have some things.

718
00:33:53,000 --> 00:33:56,800
Speaker 3: In, common sure better go get yourself on the golf

719
00:33:56,800 --> 00:33:58,240
Speaker 3: course or something. Like, That, right.

720
00:33:58,080 --> 00:34:00,640
Speaker 1: Well there's only so many button you. Can do, but,

721
00:34:00,720 --> 00:34:01,880
Speaker 1: yeah yeah. That helps.

722
00:34:02,200 --> 00:34:04,480
Speaker 3: That helps do you think this is a creative time?

723
00:34:04,560 --> 00:34:08,680
Speaker 3: Of life people are having some high creative times in

724
00:34:09,080 --> 00:34:10,040
Speaker 3: retirement once they.

725
00:34:10,040 --> 00:34:13,080
Speaker 7: GET done I think i can't be a.

726
00:34:13,120 --> 00:34:16,319
Speaker 1: CREATIVE time i have. One client she, does quilts and

727
00:34:16,360 --> 00:34:21,000
Speaker 1: she's very good at doing. Her quilts and she loves.

728
00:34:21,040 --> 00:34:23,160
Speaker 1: Doing quilt she even she even has a she runs a.

729
00:34:23,880 --> 00:34:30,279
Speaker 1: Quilt guild oh and she's. Very, Good wow so that,

730
00:34:30,400 --> 00:34:32,799
Speaker 1: that's her that's. HER passion, i mean LIKE when i

731
00:34:32,800 --> 00:34:34,200
Speaker 1: go to, see HER because i usually meet her at,

732
00:34:34,200 --> 00:34:39,000
Speaker 1: her house she's got hundreds of quilts AND she's, I

733
00:34:39,040 --> 00:34:41,000
Speaker 1: mean i'm not gonna say she's really good when she does.

734
00:34:41,040 --> 00:34:43,480
Speaker 1: Her quilt it's very. Detailed too and then she. Trains

735
00:34:43,520 --> 00:34:46,719
Speaker 1: people she has about ten ten different. SEWING machines i

736
00:34:46,760 --> 00:34:49,560
Speaker 1: mean she she could run a sweatshop at home if she. Needed.

737
00:34:49,600 --> 00:34:55,280
Speaker 1: To wow but really, nice lady and that's. Her passion

738
00:34:55,360 --> 00:34:58,320
Speaker 1: she just loves, doing quilts especially around. The holidays, you

739
00:34:58,360 --> 00:35:01,200
Speaker 1: know she makes different ones and stuff and that's.

740
00:35:01,080 --> 00:35:03,040
Speaker 3: A that could be a cute little side business.

741
00:35:03,840 --> 00:35:05,960
Speaker 1: She, could, yeah yeah because, she yeah but she usually

742
00:35:06,000 --> 00:35:07,959
Speaker 1: donates them and stuff, like that.

743
00:35:08,000 --> 00:35:12,440
Speaker 3: And, yeah yeah. That's awesome, all Right here's greg's number

744
00:35:12,440 --> 00:35:15,800
Speaker 3: again so you can get with him on your creative point,

745
00:35:15,840 --> 00:35:19,319
Speaker 3: in life your retirement five six two two six nine

746
00:35:19,320 --> 00:35:22,560
Speaker 3: one zero zero seven is five six two two sixty

747
00:35:22,640 --> 00:35:25,799
Speaker 3: nine one zero. Zero seven advisors on Call With greg

748
00:35:25,880 --> 00:35:28,680
Speaker 3: ramirez and on the way next some questions. And, ANSWERS

749
00:35:29,120 --> 00:35:31,240
Speaker 3: oh i see the mailman down.

750
00:35:31,080 --> 00:35:31,520
Speaker 5: At the end of.

751
00:35:31,560 --> 00:35:32,440
Speaker 3: The driveway be.

752
00:35:32,560 --> 00:35:33,000
Speaker 5: Right back.

753
00:35:43,680 --> 00:35:48,000
Speaker 3: We're excited everybody's excited when they. Get, retired well let's get.

754
00:35:48,040 --> 00:35:51,839
Speaker 3: You retired call and consult with advisors. On Call That's.

755
00:35:51,880 --> 00:35:54,279
Speaker 3: Greg ramirez advisors. On, call well he as a, whole

756
00:35:54,320 --> 00:35:57,200
Speaker 3: team but he's the face. Of it five six two

757
00:35:57,280 --> 00:36:00,160
Speaker 3: two six nine one zero. Zero seven that's. A call

758
00:36:00,160 --> 00:36:02,879
Speaker 3: are a text number five six two two six nine

759
00:36:03,280 --> 00:36:06,240
Speaker 3: one zero. Zero Seven I'm. Jackie selby now these people

760
00:36:06,239 --> 00:36:10,320
Speaker 3: were pretty happy to throw a goodbye alarm, clock party

761
00:36:11,000 --> 00:36:13,480
Speaker 3: but all of, a sudden now they're realizing they might

762
00:36:13,520 --> 00:36:17,399
Speaker 3: also be saying goodbye to that. Steady paycheck and that's

763
00:36:17,480 --> 00:36:21,000
Speaker 3: kind of, the opposite, Isn't it goodbye? Alarm clock oh wait,

764
00:36:21,040 --> 00:36:23,600
Speaker 3: a minute my paycheck just went out the. Window too so,

765
00:36:23,920 --> 00:36:27,920
Speaker 3: if retirees, you know start a little, bit earlier maybe.

766
00:36:27,920 --> 00:36:31,800
Speaker 3: Plan better could that help them avoid running through their savings.

767
00:36:31,840 --> 00:36:34,239
Speaker 7: Too, fast well that's part of the reason why you

768
00:36:34,239 --> 00:36:36,759
Speaker 7: get a portfolio x. Ray, folks okay first, of all,

769
00:36:36,760 --> 00:36:39,200
Speaker 7: it's complimentary and we will tell you if you're going

770
00:36:39,239 --> 00:36:42,400
Speaker 7: to be able, to live live and run out. Of

771
00:36:42,440 --> 00:36:43,560
Speaker 7: income i'll give you.

772
00:36:43,560 --> 00:36:45,880
Speaker 1: An example i've had a couple of prospects call in

773
00:36:45,960 --> 00:36:48,120
Speaker 1: and they had that very question because they wanted to.

774
00:36:48,160 --> 00:36:51,000
Speaker 1: Retire early AND once i did the portfolio, X ray

775
00:36:51,040 --> 00:36:53,200
Speaker 1: i found out both people were in a. Good situation

776
00:36:53,760 --> 00:36:56,120
Speaker 1: all we had to do was just change some of

777
00:36:56,160 --> 00:36:59,640
Speaker 1: the assets that, they had putting those into the, right places,

778
00:36:59,760 --> 00:37:02,359
Speaker 1: you know adding some income. FOR life i told them about,

779
00:37:02,400 --> 00:37:04,520
Speaker 1: you know, social security like what we talked, about earlier

780
00:37:04,640 --> 00:37:08,080
Speaker 1: you lose it if one person. Passes away both people

781
00:37:08,120 --> 00:37:11,200
Speaker 1: had access. To pensions one person was more than well

782
00:37:11,239 --> 00:37:14,040
Speaker 1: covered by, the pension but they still had their rollover

783
00:37:14,080 --> 00:37:15,799
Speaker 1: that they needed to. Talk ABOUT so i explained that

784
00:37:15,880 --> 00:37:17,880
Speaker 1: and what we. Would do the other person had a,

785
00:37:17,960 --> 00:37:22,240
Speaker 1: small pension but they had enough in terms of assets

786
00:37:22,280 --> 00:37:24,440
Speaker 1: to make up the difference that they were going to,

787
00:37:24,440 --> 00:37:26,640
Speaker 1: be fine what they were going to See From social

788
00:37:26,680 --> 00:37:29,000
Speaker 1: security and what we could. Give, them, so oh, you

789
00:37:29,000 --> 00:37:31,359
Speaker 1: know that's why there's an importance of getting a check up,

790
00:37:31,400 --> 00:37:35,440
Speaker 1: because folks you have, you know, remember this you have

791
00:37:35,520 --> 00:37:37,719
Speaker 1: the pieces of. The puzzle it's up for us to

792
00:37:37,800 --> 00:37:40,400
Speaker 1: make that. Puzzle complete put it together for you so

793
00:37:40,440 --> 00:37:42,120
Speaker 1: that you'll be able to retire because a lot of

794
00:37:42,120 --> 00:37:44,879
Speaker 1: times people, have assets but they don't know where to place.

795
00:37:44,920 --> 00:37:48,360
Speaker 1: The ascids, you know some people, get CDs some people have,

796
00:37:48,400 --> 00:37:50,600
Speaker 1: brokerage accounts but they don't know what. To do THAT'S

797
00:37:50,600 --> 00:37:52,240
Speaker 1: why i tell you you need a little bit of income.

798
00:37:52,239 --> 00:37:54,720
Speaker 1: For life you need long. Term care, you know adding

799
00:37:54,719 --> 00:37:57,280
Speaker 1: those two things to your portfolio makes an immense difference

800
00:37:57,360 --> 00:38:00,360
Speaker 1: because now, you know we're taking maybe, you know fifty

801
00:38:00,400 --> 00:38:02,719
Speaker 1: to sixty percent of of what would be into an,

802
00:38:02,760 --> 00:38:05,759
Speaker 1: equity account putting into something that is income tax free

803
00:38:05,920 --> 00:38:07,520
Speaker 1: in terms of the long term care when it comes

804
00:38:07,560 --> 00:38:09,839
Speaker 1: out and it's payable and it's, life insurance and then

805
00:38:09,880 --> 00:38:12,080
Speaker 1: on the annuity it's income, for life and if we're

806
00:38:12,120 --> 00:38:14,319
Speaker 1: able to convert it to A, roth ira it could

807
00:38:14,360 --> 00:38:17,040
Speaker 1: be income. Tax free and that's all part of putting a.

808
00:38:17,080 --> 00:38:19,799
Speaker 1: Plan together that's WHY when i meet, with people it's

809
00:38:19,840 --> 00:38:22,400
Speaker 1: not just about telling them whether they, can retire it's

810
00:38:22,480 --> 00:38:25,560
Speaker 1: showing them how and then giving them a plan of

811
00:38:25,600 --> 00:38:28,680
Speaker 1: how to succeed in the future where there's less taxes

812
00:38:28,719 --> 00:38:31,600
Speaker 1: and you have mitigation strategies so that you won't run

813
00:38:31,640 --> 00:38:33,320
Speaker 1: out of money and you're going to be in a

814
00:38:33,960 --> 00:38:37,759
Speaker 1: better situation than if you didn't CONTACT. Us hm so

815
00:38:37,880 --> 00:38:38,879
Speaker 1: get that portfolio. X.

816
00:38:38,840 --> 00:38:42,080
Speaker 3: Ray, folks okay it's time to get a portfolio x

817
00:38:42,160 --> 00:38:44,360
Speaker 3: ray and here's how to. Do it just call the

818
00:38:44,440 --> 00:38:47,840
Speaker 3: number and you can book Right into. Greg's calendar you

819
00:38:47,840 --> 00:38:51,960
Speaker 3: could also send. An email it's info at advisors on

820
00:38:52,040 --> 00:38:55,640
Speaker 3: call dot com or five six two two six' nine one.

821
00:38:55,719 --> 00:38:59,160
Speaker 3: Zero ZERO seven did i? Say that right It's info.

822
00:38:58,719 --> 00:39:00,720
Speaker 1: At advisors on called dot comy?

823
00:39:00,840 --> 00:39:03,960
Speaker 3: Perfect all right or five six two two six nine one.

824
00:39:04,040 --> 00:39:07,319
Speaker 3: Zero zero, Seven, all right greg these folks are downsizing

825
00:39:07,920 --> 00:39:11,880
Speaker 3: and they would rather have. A smaller house THEY'RE discovering,

826
00:39:12,400 --> 00:39:16,719
Speaker 3: that hoa, fees you know don't maybe some hoas don't

827
00:39:16,760 --> 00:39:21,799
Speaker 3: allow outdoor grills or. Flamingos or something so how do

828
00:39:21,840 --> 00:39:26,360
Speaker 3: you talk to people about balancing lifestyle goals with financial

829
00:39:26,440 --> 00:39:29,719
Speaker 3: savings when they're. MOVING in, retirement i mean if they're

830
00:39:29,760 --> 00:39:31,680
Speaker 3: going to downsize to, a, smaller house.

831
00:39:31,440 --> 00:39:33,400
Speaker 1: Well a lot of, times Right now what i'm finding

832
00:39:33,440 --> 00:39:36,640
Speaker 1: because a lot of people refinanced a couple of years

833
00:39:36,680 --> 00:39:39,000
Speaker 1: ago when we had those tremendous interest rates at two

834
00:39:39,040 --> 00:39:41,720
Speaker 1: point seventy. Five three percent that's one of the reasons

835
00:39:41,719 --> 00:39:44,080
Speaker 1: why we have a glut in. The housing market people

836
00:39:44,120 --> 00:39:46,080
Speaker 1: don't want to sell because of the interest rates. That.

837
00:39:46,120 --> 00:39:50,320
Speaker 1: They have aha so if you're one, of those people

838
00:39:50,920 --> 00:39:53,840
Speaker 1: it's there's no point in downsizing because you're not going

839
00:39:53,920 --> 00:39:55,520
Speaker 1: to get an interest now unless you're going to pay.

840
00:39:55,520 --> 00:39:57,000
Speaker 1: Cash for it you're able to sell your house at.

841
00:39:57,040 --> 00:39:59,400
Speaker 1: Whichever your downsize you're going, to pay cash then that's.

842
00:39:59,440 --> 00:40:02,279
Speaker 1: A different store but if you're, going to finance you're

843
00:40:02,280 --> 00:40:04,080
Speaker 1: probably better off staying. In the house that you have

844
00:40:04,200 --> 00:40:07,440
Speaker 1: because of. The interest rate oh, and you know sometimes.

845
00:40:07,440 --> 00:40:09,400
Speaker 1: It's better. Too you know one of the Things that

846
00:40:09,719 --> 00:40:12,080
Speaker 1: as i'm a proponent of is that if you have a,

847
00:40:12,160 --> 00:40:14,960
Speaker 1: large you know a large value, in your home and

848
00:40:15,080 --> 00:40:18,520
Speaker 1: let's say you don't, have any beneficiaries, you're a widow,

849
00:40:18,600 --> 00:40:20,640
Speaker 1: or you're single maybe you, never got married take some

850
00:40:20,680 --> 00:40:22,719
Speaker 1: of that cash out of the house and do what's

851
00:40:22,719 --> 00:40:25,320
Speaker 1: called a partial equity line where you don't have payments.

852
00:40:25,320 --> 00:40:27,680
Speaker 1: For thirty years, remodel the house make it the, way

853
00:40:27,719 --> 00:40:29,880
Speaker 1: you want make it the castle of, your you know,

854
00:40:29,920 --> 00:40:32,160
Speaker 1: of your dreams, live in it and, when you're gone.

855
00:40:32,200 --> 00:40:32,279
Speaker 6: It.

856
00:40:32,280 --> 00:40:34,880
Speaker 1: Doesn't matter, wow you know that's. A great idea a

857
00:40:35,000 --> 00:40:37,520
Speaker 1: component of people should spend the money that they have, because,

858
00:40:37,520 --> 00:40:40,520
Speaker 1: you remember folks all that money, that we save we cannot

859
00:40:40,600 --> 00:40:42,799
Speaker 1: take it. To the grave the way we come into

860
00:40:42,800 --> 00:40:45,440
Speaker 1: this world is the, way we exit. Just, Our bodies

861
00:40:45,760 --> 00:40:48,200
Speaker 1: wow and we need. To remember, that you know when

862
00:40:48,239 --> 00:40:51,759
Speaker 1: when we're putt, in a casket obviously we're dressed, or

863
00:40:51,880 --> 00:40:56,040
Speaker 1: you know but, once we're. Buried that's it everything we

864
00:40:56,120 --> 00:40:58,560
Speaker 1: saved here on this, earth is gone goes, to our

865
00:40:58,600 --> 00:41:01,960
Speaker 1: beneficiaries goes to our, next of kin so if, you're

866
00:41:02,000 --> 00:41:04,839
Speaker 1: not married if you, don't have. Children spend that many.

867
00:41:04,840 --> 00:41:07,400
Speaker 1: Folks enjoy, LIFE you know i have some clients that

868
00:41:08,000 --> 00:41:11,560
Speaker 1: they're single and they don't. Spend the money don't. ASK

869
00:41:11,600 --> 00:41:13,560
Speaker 1: me why i, ALWAYS tell, them i, said you know

870
00:41:13,600 --> 00:41:16,319
Speaker 1: you're not going to run, out of. Money spend it, and, they,

871
00:41:16,360 --> 00:41:18,120
Speaker 1: Go oh yeah, I'm going to. I'm going to AND

872
00:41:18,160 --> 00:41:19,560
Speaker 1: then when i find out they go, on a trip

873
00:41:19,600 --> 00:41:21,880
Speaker 1: instead of getting a, five star hotel they get a

874
00:41:21,920 --> 00:41:23,839
Speaker 1: bargain one because they don't want. To spend money, and

875
00:41:23,840 --> 00:41:26,319
Speaker 1: it's like why would you do, that to yourself your

876
00:41:26,320 --> 00:41:28,560
Speaker 1: own financial advisors telling you you're not going to run.

877
00:41:28,600 --> 00:41:32,880
Speaker 1: Out of, money, enjoy life people you've worked, hard for,

878
00:41:32,920 --> 00:41:35,640
Speaker 1: it you know don't. Cut yourself short that's what. Retirement

879
00:41:35,680 --> 00:41:38,040
Speaker 1: is about and it's not even having to. Worry about.

880
00:41:38,080 --> 00:41:40,200
Speaker 1: Stuff you, know you know if you want, a good

881
00:41:40,200 --> 00:41:42,520
Speaker 1: meal you want to get that wagu, a five me.

882
00:41:43,080 --> 00:41:46,319
Speaker 1: Go for it. Only live, once you know you want,

883
00:41:46,320 --> 00:41:50,279
Speaker 1: that nice car. Go for it you, only live once

884
00:41:50,400 --> 00:41:52,000
Speaker 1: and if you're not going to put, miles, In it great.

885
00:41:52,960 --> 00:41:57,239
Speaker 1: But enjoy life. That's the key. As an, advisor you

886
00:41:57,239 --> 00:41:58,320
Speaker 1: know we can be here today.

887
00:41:58,320 --> 00:41:58,400
Speaker 4: And.

888
00:41:58,400 --> 00:42:01,239
Speaker 1: Gone tomorrow folks and if we didn't enjoy life that

889
00:42:01,400 --> 00:42:03,880
Speaker 1: money that. WHOEVER inherits it i guarantee you they're not

890
00:42:03,880 --> 00:42:06,080
Speaker 1: going to take twice about. Spending that money they're going

891
00:42:06,160 --> 00:42:08,000
Speaker 1: to go through it quicker than you took to SPEND

892
00:42:08,000 --> 00:42:10,040
Speaker 1: it to i mean, to obtain it.

893
00:42:10,080 --> 00:42:15,000
Speaker 3: To earn it that's. Really good information that's a great, Point.

894
00:42:15,040 --> 00:42:18,680
Speaker 3: Of view greg so let's get. This plan together ask

895
00:42:18,760 --> 00:42:21,080
Speaker 3: These questions of. Greg in person if you'd like to

896
00:42:22,120 --> 00:42:24,680
Speaker 3: five six two two six nine one zero zero seven

897
00:42:24,719 --> 00:42:28,400
Speaker 3: five six two two sixty nine one? Zero zero seven should?

898
00:42:28,400 --> 00:42:32,839
Speaker 3: You downside size should you wreck? That alarm clock and, Here's,

899
00:42:32,880 --> 00:42:35,839
Speaker 3: another one greg. If, you're ready well these FOLKS bought

900
00:42:35,840 --> 00:42:37,880
Speaker 3: an rv and they plan to, travel the country but

901
00:42:38,200 --> 00:42:41,399
Speaker 3: they forgot about how dang volatile the gas, prices can

902
00:42:41,440 --> 00:42:46,799
Speaker 3: be and the, gas isn't free and neither a. Campground salmon, rolls, YOU.

903
00:42:46,719 --> 00:42:49,920
Speaker 1: Know well i don't, Know, about you Jackie but, WHEN

904
00:42:49,920 --> 00:42:55,200
Speaker 1: i'm camping i don't think. About cinnamon rolls that's. A

905
00:42:55,239 --> 00:42:58,520
Speaker 1: funny one these must be the uh what they, called the,

906
00:42:58,560 --> 00:43:02,560
Speaker 1: glampers you know the people, went to, campaign? You know, yeah,

907
00:43:02,600 --> 00:43:05,840
Speaker 1: So yes okay so, FIRST of all, I you, KNOW

908
00:43:05,960 --> 00:43:07,880
Speaker 1: i remember i do have a story about a client THAT.

909
00:43:07,960 --> 00:43:09,799
Speaker 1: Had an rv he spent one hundred and eighty. Five

910
00:43:09,840 --> 00:43:12,759
Speaker 1: thousand dollars this was actually about seven, ten years ago

911
00:43:13,000 --> 00:43:15,360
Speaker 1: so obviously the cost of the day would probably be

912
00:43:15,360 --> 00:43:18,080
Speaker 1: two fifty. To THREE hundred the rv was so big

913
00:43:18,719 --> 00:43:21,240
Speaker 1: he actually had a garage to Put his custom harley.

914
00:43:21,280 --> 00:43:24,440
Speaker 1: In the back so his, goal was, to you know

915
00:43:24,480 --> 00:43:29,000
Speaker 1: to travel Around The. The united states he never got

916
00:43:29,040 --> 00:43:32,160
Speaker 1: to achieve that, because, guess WHAT folks his rv was

917
00:43:32,680 --> 00:43:34,400
Speaker 1: being repaired sixty five percent.

918
00:43:34,440 --> 00:43:38,799
Speaker 3: At the time oh so wet he got that KIND.

919
00:43:38,840 --> 00:43:41,880
Speaker 1: Of, AN rv yeah i almost wanted to tell we.

920
00:43:41,880 --> 00:43:45,239
Speaker 1: Got a lemon, but you know now that's not to

921
00:43:45,280 --> 00:43:47,319
Speaker 1: say for other people that. MAY not happen i. Hope

922
00:43:47,360 --> 00:43:50,120
Speaker 1: it doesn't obviously, if it did we'd probably have. Issues

923
00:43:50,160 --> 00:43:53,040
Speaker 1: with RVs, but you know you, got, to remember folks

924
00:43:53,080 --> 00:43:54,839
Speaker 1: when YOU, own an rv let me tell you. About

925
00:43:54,840 --> 00:43:57,600
Speaker 1: the cost, so this individual when HE, got the rv

926
00:43:58,360 --> 00:44:02,239
Speaker 1: he had had to have a special driveway to park

927
00:44:02,280 --> 00:44:05,040
Speaker 1: it on the side. Of his house also an extra

928
00:44:05,040 --> 00:44:06,200
Speaker 1: twenty five thousand.

929
00:44:05,840 --> 00:44:08,239
Speaker 3: Dollars to put in that concrete to.

930
00:44:08,239 --> 00:44:10,160
Speaker 1: Put, in the Concrete and then on, top of that

931
00:44:10,560 --> 00:44:12,320
Speaker 1: he had to have a gate and get a cover

932
00:44:13,120 --> 00:44:15,080
Speaker 1: because people didn't want TO. See the rv they want

933
00:44:15,080 --> 00:44:17,200
Speaker 1: to see it. Covered, another fifteen.

934
00:44:18,960 --> 00:44:20,320
Speaker 3: Oh this is getting out of hand.

935
00:44:20,400 --> 00:44:23,239
Speaker 1: To, think about yes and you know when it comes,

936
00:44:23,239 --> 00:44:27,480
Speaker 1: to gas oooh you know, that's you know that. Reminds you,

937
00:44:27,520 --> 00:44:29,239
Speaker 1: folks you know one of The things that i'm very

938
00:44:29,239 --> 00:44:31,239
Speaker 1: concerned about here in The state of california is that

939
00:44:31,440 --> 00:44:34,080
Speaker 1: they want to pass. A gas tax so what that

940
00:44:34,160 --> 00:44:36,520
Speaker 1: means is that the tax is going to be based

941
00:44:36,560 --> 00:44:39,279
Speaker 1: on the mileage. That you drive so whether you have

942
00:44:39,320 --> 00:44:42,200
Speaker 1: an electric car or whether you have, a gas car

943
00:44:42,440 --> 00:44:44,719
Speaker 1: they're going to tax you. On your mileage now can

944
00:44:44,760 --> 00:44:46,200
Speaker 1: YOU imagine if i just on call is not going

945
00:44:46,280 --> 00:44:49,239
Speaker 1: to be looking forward to that because we. Drive a lot, so, you,

946
00:44:49,280 --> 00:44:52,800
Speaker 1: know again folks we've, got to, know you know before

947
00:44:52,800 --> 00:44:55,960
Speaker 1: we buy something or what's. Going to, happen you know

948
00:44:56,120 --> 00:44:58,640
Speaker 1: you've got to be prepared for what life throws in. Terms,

949
00:44:58,680 --> 00:45:02,760
Speaker 1: OF curveballs now i hope and pray that the governor

950
00:45:03,200 --> 00:45:06,960
Speaker 1: or the. Constituents is democratic constituents don't, vote for that

951
00:45:07,080 --> 00:45:09,080
Speaker 1: but you got to believe they're running out of revenue

952
00:45:09,080 --> 00:45:11,560
Speaker 1: because when you throw. A billionaire's tax and then when

953
00:45:11,560 --> 00:45:13,800
Speaker 1: you have all the oil people running away, from the state.

954
00:45:14,320 --> 00:45:17,440
Speaker 1: We're losing revenue we're losing. In AND out actually i

955
00:45:17,440 --> 00:45:20,200
Speaker 1: saw another person that, we're losing too that's. Actually been

956
00:45:20,280 --> 00:45:23,200
Speaker 1: here i'm trying to think. Who it was we're losing

957
00:45:23,200 --> 00:45:25,719
Speaker 1: a lot of companies and. That's a, Problem it is

958
00:45:25,719 --> 00:45:28,839
Speaker 1: but let's get BACK. To the rv so getting BACK, to,

959
00:45:28,880 --> 00:45:32,279
Speaker 1: the rv folks if you're thinking about doing, something like

960
00:45:32,280 --> 00:45:34,480
Speaker 1: this please GET a portfolio X ray because i can

961
00:45:34,480 --> 00:45:36,040
Speaker 1: tell you the amount of money you're going to SPEND

962
00:45:36,080 --> 00:45:38,040
Speaker 1: in an rv and the value that you get. Out

963
00:45:38,040 --> 00:45:40,760
Speaker 1: of it you're probably better off renting one. Than buying

964
00:45:40,760 --> 00:45:43,640
Speaker 1: one that's My experience that i've seen. WITH my clients

965
00:45:43,719 --> 00:45:46,560
Speaker 1: i obviously DON'T, own AN rv but i can tell

966
00:45:46,560 --> 00:45:49,640
Speaker 1: you that you're much better off, renting than, driving you know,

967
00:45:49,680 --> 00:45:52,200
Speaker 1: across the country if that's you, want to do because once,

968
00:45:52,239 --> 00:45:54,839
Speaker 1: you do that most people USUALLY store. Their rv away

969
00:45:54,920 --> 00:45:57,000
Speaker 1: same thing. Like a boat you don't use a. Boat

970
00:45:57,000 --> 00:45:59,520
Speaker 1: every day maybe you use a boat three or four,

971
00:45:59,560 --> 00:46:01,440
Speaker 1: times a year right the rest, of the time. It

972
00:46:01,480 --> 00:46:03,160
Speaker 1: SITS there so i think it's better for people to

973
00:46:03,200 --> 00:46:05,680
Speaker 1: maybe own it in a group of ten so that

974
00:46:05,680 --> 00:46:07,360
Speaker 1: people can enjoy it and you kind of, spread the

975
00:46:07,400 --> 00:46:10,000
Speaker 1: costs especially when it, comes through repairing just like a,

976
00:46:10,080 --> 00:46:11,439
Speaker 1: maybe an airplane. THE same thing.

977
00:46:11,840 --> 00:46:13,400
Speaker 3: I like it i've heard, about the airplane.

978
00:46:13,440 --> 00:46:13,600
Speaker 2: That's.

979
00:46:13,600 --> 00:46:15,359
Speaker 1: FOR sure yeah i think that's a much better.

980
00:46:15,400 --> 00:46:15,560
Speaker 2: Way.

981
00:46:15,560 --> 00:46:18,840
Speaker 3: To go greg some. Great stuff everyone if you're listening,

982
00:46:18,840 --> 00:46:20,640
Speaker 3: to the show you want To talk to, greg in person.

983
00:46:20,680 --> 00:46:23,480
Speaker 3: It's so easy five six two two six nine one

984
00:46:23,600 --> 00:46:26,440
Speaker 3: zero zero seven five six two two six nine one.

985
00:46:26,560 --> 00:46:30,080
Speaker 3: Zero zero seven you can call or text five six

986
00:46:30,120 --> 00:46:32,520
Speaker 3: two two six nine one. Zero zero seven The show

987
00:46:32,560 --> 00:46:35,480
Speaker 3: Is Advisors On. Call greg. Ramirez great show i'll see.

988
00:46:35,480 --> 00:46:38,200
Speaker 3: You next, Week all, Right, Thank you jackie thanks. Everyone

989
00:46:38,200 --> 00:46:39,080
Speaker 3: for listening.

990
00:46:46,160 --> 00:46:48,960
Speaker 2: Investment advisory services Are Offered, for greg ramirez an advisor's

991
00:46:48,960 --> 00:46:51,680
Speaker 2: On Call a california state. Registered investment advisor, During The

992
00:46:51,680 --> 00:46:55,320
Speaker 2: show greg ramirez, provides general information. Not individually targeted personalized

993
00:46:55,320 --> 00:46:57,760
Speaker 2: advice is not reliable for the usage of information discussed

994
00:46:57,800 --> 00:46:59,960
Speaker 2: exposure to ideas and. Products or services it should not

995
00:47:00,080 --> 00:47:02,719
Speaker 2: be considered investment advice or a recommendation to buy or

996
00:47:02,760 --> 00:47:05,319
Speaker 2: sell any of. These financial vehicles this information should also

997
00:47:05,400 --> 00:47:08,200
Speaker 2: not be considered tax. Or legal advice individuals should consult

998
00:47:08,239 --> 00:47:11,120
Speaker 2: the professionals specializing in the, fields of, tax legal accounting

999
00:47:11,239 --> 00:47:13,759
Speaker 2: or investments regarding the applicability of this information. For their

1000
00:47:13,800 --> 00:47:16,720
Speaker 2: situation past performance is not a guarantee. Of future results,

1001
00:47:16,719 --> 00:47:18,919
Speaker 2: investments will fluctuate, and when redeemed it may be worth

1002
00:47:18,960 --> 00:47:21,760
Speaker 2: more or less than. When originally investments any comments regarding

1003
00:47:21,800 --> 00:47:24,480
Speaker 2: safe and secure investments and guaranteed income streams prefer only to.

1004
00:47:24,480 --> 00:47:26,680
Speaker 2: Fixed insurance products they do not refer to any way

1005
00:47:26,760 --> 00:47:29,919
Speaker 2: to securities or. Investment advisory services fixed insurance products Are Offered,

1006
00:47:29,920 --> 00:47:32,920
Speaker 2: By Greg Ramirez california insurance LICENSED number zero c three

1007
00:47:33,040 --> 00:47:34,239
Speaker 2: three four three five