Jul 26, 2015|
Guest hosted by Bill Frady #blacklivesmatter Trump's truth
Automatically Generated Transcript (may not be 100% accurate)
Welcome to stop worrying you're retired with George busting your northstar financial and retirement planning and people have to. Back to you from bad things happening. I wanna make sure that doesn't have. And northstar financial and retirement planning we'll help you accomplish your future financial goals. And we wish you every step of the way that should be taken off the table. Having to worry about your money. You're never just an account number you have entrusted us with your life and retirement savings a responsibility. We take very seriously having the money. Is something we have to happen doesn't change your values at all and when we get to retirement the second part of your life should be a situation. And now to stop worrying you over entire radio. Laying. And may get. At all it's time for making us up parts of your day here in the Carolinas my name is Christian Karl tier alongside. George fox I have northstar financial and retirement planning. And right. Well again in this show is all about you know listening to what matters to you and how it could affect your retirement but through some of the strategies out there that you learn about today it doesn't have to do you can find out more right now north star 65 dot com and today show or the get a surprising word from the founder and they aren't about investing. And talk about what many of you may not know what about Social Security must find out and talk about how it affects you. But George showed why I think today hello Chris and doing well we're just unhappy to be here and this kind of cliche but we are. You are having you here because you take a lot of pride in what you do it George you yourself are over sixteen years have been helping folks. When it comes to figuring out retirement solutions and that's why you can I got northstar financial retirement planning going. In 2007. And got the team together that you have a including Ryan and a here alongside the most absolutely. But you know really this show it's just about real life because that's what retirements about if you got any questions for Georgia right you'd like to find out more check northstar 65 dot com or know that there are phone call away you can call actually speak to them and and setup may be a compliment your retirement review at their office in Greenville Asheville or Andersonville. 80518. Z. 09 at 20. Isn't sure recent retirement confidence survey of those 55 or older to 1% heavy formal written toyland and 43%. Have consulted with a financial professional organizer. Imported is as hasn't written plan. When it comes to retirement what are the advantages there. The first thing Chris and it's peace of mind. We need a lot of people out throughout the week Kim and the year who come in and they just don't have a plan on the market working with somebody with the money. Yet they don't know if have enough that are nowhere to allocate. How they gonna deal with your income for life and I we've had that we've been blessed with me some wonderful people through the radio programs past week are right right Hispanic constitute minutes is the common denominator with people coming and saying hey. I don't it's it's taken the calls are wonderful listeners out there calling in I personally get to that gets talked to a lot of people call and you know very quickly after the show or first thing Monday morning. And it is it's just amazing listening to what everybody says about what we do and how we do it and when it comes to planning George hip after they've come in after some grocers have come and set now in the for the first meaning maybe they're second or third meaning they really talked about how the plan that you help them come up with it's it's a work in progress it's Mormon Al lined an array and this is what you do steps that step it's an outline its flexible what's happening out there in the world. And I really puts you buddies. Thanks and we had a young woman came in this week can a single and she is Georgia met with several people in the past several years and they they cannot manage money but they don't have a plan is the first person who's actually a financial advisor your putting aplenty before it was nice to hear. Obviously but I have I was doing was Chris my asking some questions listened to listen are you spend your IRS. Are you concerned about taxes if you had an emergency where's the money can come problem. What he's done about longevity do you have longevity in here and your family she goes well I've got and yet he's 98. And I've got a great and is a longer than two hours and well yes to many do some play. That has nothing to question that's finance and I met with other people I cannot answer a question. How can say you know eat Tata a couple of things there you know the fact that you are and it advisor. Ending a fiduciary what's the difference for those listening to they may need to leaning in for the first time and they're not very you know confident in retirement don't know where to go. Why isn't important to know things like that fiduciary advisor and the differences. That's huge people don't understand what they do kind of but they're nice and they don't wanna go down that path. How we get paid during the streak. And that if it's commission which can be an insurance product Chris and unless your question directly or second but if it's commission product might have you won put all your money into insurance type product annuity your life insurance policy because the we earn more. Right he's nobody to say don't get out of the market you're okay and security based advisor stockbroker let's say they might say oh don't worry about the market. So if you go to cash they don't make money and so the fee is not going to be there they only are these simply move our. That makes. That's correct and Andy if judiciary which I am I'm not area advisory does does does not have to be we political responsibility to do what's right for the client first. You know and that's kind of sad that there has to be illegal. And I agree. Glad that there is because it sometimes in this day change. Especially with folks and being unsure about the economy and you know we keep hearing analysts saying that the other shoe is gonna drop but anytime you want or of course someone that is a fiduciary. That is watching out for your best interest just because aid that's the right thing to do but beat. That's what they have to do and that's what you're going to get in north star financial retirement planning was George tossing in his teen tech the north star 65. Dot com right now she's lying to find out more or college you've got questions begin a setup a complimentary retirement review. And whichever offices closest you've Greenville Asheville or Henderson bill. 805. Point 80920. That's 80518. 0920. You guys when it comes to making the decision of locking in some of your gains for retirement. So bestselling author and frissora show Patrick Kelly talks about this specific quote from his book stress free retirement it wasn't raining when Noah built the arc. Think about if no will was trying to scramble and put the pieces of wood and get the animals on the arc. During the downpour that would have been a little hair raising and we'll difficult fiscal volatility but when you have time to build a before the rain starts coming. You're okay and really fast or talk about it volatility. What it really means is this. Wild swings great changes in something in this case for talk about the market but really I think the way it plays out or people's emotions people freak out people do crazy things they do things backwards. So just like that quote it's important for people to plan. Why all the rain isn't pouring down what they're gonna do win the next storm comes George Ryan you know there's a lot of analysts say the storm clouds are gathering now bias on how to prepare kind of like what Patrick was talking about from his book. Oh John F. Kennedy had a quote and I've found he's is often at the time to repair the roof is when the sun is shining Patrick Kelly just said that was Noah's Ark. You don't be reactive you learn to be proactive we're not kids anymore. We're not just how to respond to what's going on out there we're seeing now people every day right every day right now. That kill there's something ominous out there or September or October whatever. That's something is out there and three major correction. And were planning today we're taking some of the gains off the table put into a safe environment safe money account the silly having arisen for an return christened. But it's protected from that downside. And that is people going home and their sleeping better that's what they're telling us. We even have clients that you've prepared these years ago when trying to make sure that they don't have a downturn urges. You know being OK with reasonable growth not trying to get those immense. No marquee games in trying to get the 30% every year. Nobody knows what the market's gonna do and if you can get a reasonable greater return. That's safe that does not have the volatility does not have the losses we've done a lot of our clients are very happy with that. We literally have a client came in has about 30000 dollars under the mattress wow sorry folks rocking even at address so well yeah. Yes and it's just because if he wants to be safe but. This person has realized that his monies becoming worth less and less each year because of that the purchasing power inflation goes up yet there's a certain amount of peace of mind knowing that it is certainly quiz at the end so we get it. Yet on the other side the person was very open saying listen the guy and I know it's a little overly dramatic George but I really and that scares or anything anyplace like put this money. Where it's going to be safe. I can earn a reasonable return at least to attract inflation plus a little extra. And we say absolutely and that which we professed to to talk about we are educators at heart. It's not a sales environment let's play one of the best. Compliments we can every cat rear to educate our our clients supposed to just wanna learn. And sure we want the opportunity to help you out until we get paid if beacons and help to steer you in the right direction. It's all about empowerment spent helping our listeners. Our friends who are our clients. Learn about the choices out there so they feel a lot they have a certain control and understanding what their money. Where it is what it's doing. And you know what it's what could be useful for Taylor. And that's the thing about you know listening to the show here today and then you know taking action coming in and sitting down with Georgian Ryan felt just they do want inform you educate you about those options so you can make the best decisions for you what you want out of retirement. What is you've always imagined and what you want for your family. North star 65 dot com that's one way to find out more and you give us a call. In thank you know Ryan we talked about Patrick Kelly's book stressed her retirement annoys got a couple of books. And we have to give away to our listeners today. Finish yup I'm sitting right here beside thing in. Again Patrick Kelley writes so well they're very easy to read very easy to understand that and not so much about what he talks on on the books are earth. Things that you'll learn more by saying now when George. And stress for retirement he talks are taking your life savings against loss creating an income stream you can never I'll live received unlimited upside gain potential is there a risk of loss but stop paying the annual. Management pieces stockbrokers and money managers. If you can't get these. They're looking at income streams you can never outlive we have so many people that come in and their biggest fear is Ayman run out of money. Gonna run out incumbent they have this pile of money and that's what they have they don't know what it is they just know they have this pile of money somewhere. And how do you spend how do you use it with confidence how do you take the worry out of what's gonna happen. The next time the stock market does that. Well that's all things that I have Patrick does cover on the both. We've got five copies are here and give us a call you the first five callers will send an Al Q complimentary. Today for listening to northstar financial and retirement planning this book is best suited for those of you listening to the save for retirement your over the age of fifty in your serious about retirement. 8051. Aimed at 0920. That's 80518. 0920. The first fight callers. We'll send an LG complementary and there's always more details and northstar 65 dot com there's other strategies to look at as well and talk more about that coming up next you can find out more immediately and northstar. 65 and dot com am also want to hear from a guy who may have fortunate stocks. A little thing you hear what he has to say I'm investing in the market Exxon's stock soaring. You're tired with George popping up. Northstar financial and my time. Did you know that I treat Social Security like it's routine maybe the biggest financial planner you can make has. As you approach retirement did you realize there's billions strategy when it comes to electing phils three benefits. 'cause you in north thousands and thousands upon thousands of dollars in lost retirement and sometime before you apply for Social Security benefits. Com source tossing and his team at north star financial for your complimentary Social Security report at 805 point 80920. Or visit the north star 65 dot com. And. Much for joining us today for stock soaring you're tired with Jorge font thing up north star financial and retirement plan that is Three Dog Night. Joy to the world. Tiger's biggest hits ever and it's been seventeen what weeks on the top of the charts back in 1971. Cash and talk about being a big hit seventeen weeks on the top of the charts. When that happens anymore not anymore. So Malia and Three Dog Night to what's out there now nine day yeah. Little different a little bit different a little bit different you need someone else who's had a long term stay at the top that Jack Bogle. The founder of vanguard and recently on CNBC. This retirement takes a long term view. Yeah the market but cautioned. Going to the casino which is what Wall Street is today. Then on the entire stock market. And then get out of the casino and never show yourself there again just go play the game because the game is not worth playing it's a losers today. It's a buy and hold games I'm not a short term speculation game. Because story here's a guy who made his fortune in the market even he called it a casino. News the market you know of the burden but still stay away from that risk because they thinking at you know we're thinking tilt. It's definitely stacked against and goes but that's where Wall Street's got over main street Daytona and it's that definitely stacked the deck and they're so. And mr. Bogle who's a guru basically. There he is up by common sense and he's right it's definitely I am now more than Vegas mentality out there than long term investing. Certain ways we can protect people actually out of the government has won banks have one insurance companies have one the banks have with. These are types of accounts with only two counts. So we all know that CD's aren't paying anything right Chris it's all very little insult I mean if you can call it anything it exactly and the word on the street is a stock market's overvalued. And we keep going in some points for the go down so people we don't know. So this is a out problematic for a lot of people are conservatives so. There are canceled their folks that are call 12 counts the government's got them it's called tips treasury inflation protected securities from. There's about 400 billion dollars in the right now. And with the says it's a year your principles guarantee given a greater return small. But it's adjusted for inflation cost of living index so your dollar will be worth a dollar and you know fifteen year Ers. So that's one banks have a call market linked C. d.s FDIC insured. A 250000 dollars user CDs and linked maybe to an index which is the standard port 500. Porsche can do zero you can earn up to 8910% negative to the full market gain big men that insurance companies have indexed annuities. An index life insurance and actually we are very very popular because you don't have to Wear out there and I guess that the markets can go up or down. This is what mr. but will sang think long term. And that's what these products for market goes up you capture some of that market goes down you can lock in your gains. Market drops 45% overnight you have lost to plug nickel. This gives people peace of mind. And people you know if you're not hearing about this it hasn't been introduced to you with your advisor can be for several reasons. One is and I'm not allowed to offer them. And there are situations has now stopped profitable enough for them. I'll and that's the reason that sometimes these strategies are often absolutely not because they're not a good idea of a big. We have a company can't make it more my. And I said earlier on the show I think it's all about the money you have to understand everybody's in business to make money we know backcourt it's got a fair value if you mean overcharge being taken advantage of that's used to be the rule rode out their folks we we we get it so you have to understand the contract work what's available. Page something that you know you get value out of him in time I I know some of these products are just talked about opportunities. A wonderful we have to understand how they work with the cost Sar. And though once we walked through that with people listen and I ask is who is this good value for your money safe. Upside potential reasonable returns. And if there's a phase for something you wanted to after some. This is thrown on here. And they say actually you know Ryan houses or something I really like a ballot you know what I've gotten to know about George and you and the team at north star financial retirement planning is that. You're just trying to added put everybody in the in the same box it's not a cookie cutter approach and you're really talking to folks and figuring out what strategy is best for them. Absolutely and that's where being an independent advisor like George has really comes in the play if your part of just a company than you have only that one company's offerings from some people on the first try a little bit and they might work with a few small groups and that's that George has literally do universal tools that his hands it's amazing. He comes up with the idea is that to us who work together. To go on shop it one phone calls Lahti Mel's lottery never contracts. Not prospectuses. Then it's a lot of fun the whole planning process and coming up with. Dubbed best ideas and some clients. Some people come in the doors that they really like one thing they don't like another may be just the name of a product worries them. Endorsing some educated on what that product or solution really is how it's gonna benefit you and really kind of coaches mentors you on the way and I have an easy job to Chris and I get to do that part and how Ryan years in the back office doing all the hard work. Now about this this mess and get to the down in the many things and I'm just trying to annoy and everybody looks over I just some implants solitaire the truth is I'm I'm gonna head I know it George is gonna say aways and asked me to pull up and then sometimes you're right I've got there ready to go in the USA. Remember radar from Nash I think he's firing our day. Article. Yeah the assets that. That's what's great about you know working with these guys at northstar financial and retirement planning you can tell they genuinely like each other but more than that do you really love what they do land and are here it's a help you when it comes to developing a retirement income plan so you keep your personal goals and retirement because those goals are different for every single one of us listening today and just talking about there an independent firm so north star's financial retirement planning as George Ryan entire teen free from strategy constraints in coffee various options and other financial professionals my. And half three units just from what it comes to retirement. A person's freedom offering things let's open up by the telephone turned up about ten minutes OK and well late to do is let's let's go and put out our complete planning review of Jesus is. It's a great program though we put together for people who we just talked about linked products forma net in what we call the nudie X ray if you have an annuity will take a look at that for you as well but I and our complete planning review we wanna look is. Well look at what you have currently what your goals are whether or not you're on track any modifications you might need to make sure to make those recommendations for you we use a third party review to look at your actual statements what you have now and we've got a third party. Non interest said they're just gonna look at why you have currently and they can give you an idea what you might be able expected something like 2008 happens. If you wanna take advantage of that it's a complete planning review. Complimentary yet you call right now within the next ten minutes George in the team won't get that done for you 805 point 80920. Thanks 805 point 809. At 20 and that complete planning review. Give you a total different look at an unbiased approach because these guys are independent endorsed our financial retirement planning an unbiased approach to your retirement looking at things like all of your retirement accounts if you have an annuity looking at that X ray you know incorporating Social Security into the plan takes some time on the part of Georgia Ryan did do that they're willing to do it if you call within the next ten minutes and do that complimentary. 80518. 0920. MR online and you can find out more anytime northstar 65 dot com. And does or spectrum group study found that slightly more than half the people surveyed. They feel they are we have enough money to live comfortably when they're retired it's good news I guess. But those that don't have that confidence and how you guys help them. Half the people on while I guess this thing just slightly more than a half I guess it's good that gives behind her. I don't think we're sitting down with the Sox. With a they need to push it went fine. We definitely there was some people that didn't think they could end up opening the other the planned to have scarcely room to go that we have today wonderful Kim she's with the Greenville hospital system stand up. In mid fifties and she can instant I'm just concerned I don't know if I'll enough for retirement I don't know when I'll be able to retire. And it was our lunches won't work forever. These type of people coming in just I don't know if you can help or not I said I know you'll walkway feeling better we'll show you where you could be. And guidelines. To show you a little bit about what what you can do today and which we did inch coming back and. CN and I think in our article myself on her shoes EU common was that. How wanna say fear but you know just overwhelming feeling of calm my gosh this is ever gonna and I am going to you here Alex gives them a work until one day to day and that's certainly humble lifestyle anyone wants in the U comment and you sit down with someone. And you say here's what a guy. And what's realistic because this is trying to win I wanna do it or. This is what I wanna spend for a parent doing you think guesswork out of it just like you're doing for her and you figure out what's realistically possible. It's gonna go somewhere you have to have a destination. People don't know where they're going to what is the fascination how to they envision your retirement. But no more fear for folks out there and I this is proven is if you're running out of money and money too long and that's a real one that should be our number one fearing it's gonna happen if anything I can make this my last. So let's say retire. At age 65. And so we have to plan for me at least 2030 years retirement. That's twenty or thirty years of being unemployed yes pretty much has a paycheck and commenced and towards the end of that one or thirty years it's very hard gonna get another job yeah you running at this but the money to start for purposes don't worry about. And you're sitting ever being worried about it pat is eskolaste. Are you having that dialogue and how to best make this when he last as opposed to don't worry about it look at the markets going up who's this wonderful. Well we all know it doesn't go up forever right you'll go down. You might get so having health issue at some point has are going to be paid pour the current down cycle of the market unit when they're picked up money out. Petroleum money's tight up the real estate. Is a liquid these are you have to have a plan you have to separate but it's available for separate thanks to called efficiency. And George says I think with the efficiency with those separate pockets you know if you're all in one place troll on the stock bond. Portfolio mix you don't have a plan you just have a sum of money sitting somewhere. In order to stop pouring your retire just like the radio show is called you need to have that play any need to have true diversification need to be able actually have the steps setup and be able to go to different buckets when he needed and it. Do you recognize that people out there that are all only insurance license. All these solutions are insurance products. Stocks and bonds stockbrokers has always sell holy answers your stocks are proponents. They need to be worked with people I have all voices so they have all the access to all the tools. George Ryan the entire team at north star would love to invite you to the next complimentary lunch and learn a vent. It's happening on Thursday July 30 in downtown Greenville and be beautiful commerce club. Now just a couple of seats left for this so you call right now before. It's a packed house and we wanted to we've got room for you here's the number 805. Point eight. 0920. Comella make a reservation because the team's going to be joined by guest speaker that will be discussing a strategy that. Don't rely on the stock market go up for you to make money that you need to find out more details about this especially. If you think the stock market is ready for correction are. Just looking for a different way to grow your money you definitely want to attend this that's on Thursday July 30 complimentary lunch learned in downtown Greenville at the commerce club. Mayfair reservation now wall seeing is still available 805180920. That's 805180920. Well coming up next isn't really possible to lower your financial risk but still it's every moment of return. We'll find out if that is your retirement meant for its next unstoppable you retired but George tossing them restaurant financial cameras. Northstar financial and retirement planning can help you get the most from social security and help develop a strategy we were standing retirement income based on your unique objectives called for a entering retirement review 805180920. Or visit north star 65. Dot com. An advisory services doctor. And help the SEC registered investment advisor Northrop and enjoy your retirement planning no feet and Brookstone capital management part suffered anything from one another. Caroline and today I stop worrying you're retired with George boxing up north star financial and retirement plan. That is Paul McCartney ban on ironic humor to a flashback to 1974. That's the song that you're likely listening to on the radio. And Georgia and your Beatles and the lineup that song came from George Harrison you know also former beatle reform bill Paul asked her a long meeting and said quote if we ever again this place. I don't know that. It's interesting how the DJ in a former a lot of interest in fact there but I think about that line if we ever get out of this place and there are so many people listening today may be driving in their car they're sitting in the house and getting ready for work the Miami Heat about worked out. If I ever get out of this place and retire what am I gonna do what are we going to do. Because really that's everyone's goal is to figure out a way to get to retirement so they can stop pouring like the show's name because there was talk. I'm I'm just sitting here John Ing down names of our clients that have said that the first and they often and if I can ever get out of this place. Well I'm gonna do. And that's something that we all have in common is it really figuring out. Our retirement I don't care if you're famous I don't care what tax bracket here and you're all sitting there thinking. Ari how am I gonna retire when am I gonna do it. How am I gonna make it happen and one of my tennis and that's I'm doing and that's what. This show is about that's for George Ryan and the team at north star financial and retirement planning are focused on every single day and he got questions for their phone call away and can sit down with you at the offices in Greeneville actual horse Andersonville. And here's the number 80518. 0920. It's likely going to be George Ryan but really someone on the team taking your call if they're not only get your colleague message they'll get right back what do you. 805. Point 80920. You know as you or your seventieth birthday a wallet after the cake in the ice cream you know melts away you've got started thinking about and taking money out of your tax deferred accounts for our Indies. But you sure don't need it the war some of the ways that your clients over the years. Have you used that money that required minimum distribution set maybe help their loved ones are may be their favorite charities. People hate required minimum distribution of being told. Hill I think it. Okay and more so they can and a taxes and. Yeah and it's. You can only defer clinical talk about tax deferral the only defer for so long sought tax free while this is where the tired to pavement right here with record and then distribution every year you get older if you're here after 87071. It's a higher percent Uncle Sam wants more what do you do with the money. Get a put back into a taxable account for a lot of people don't know what to do. And there's a multitude of things one it's the question is am and ask for recommendations technique of recommendations please find out what's your situation that's. On a lot of people have their set upon taking care my kids. I'd like police something for the grandkids. And possibly taking that money purchasing life insurance policy which is tax free probate free. Say is having to go through the antitrust. Because it's direct want to do for ways to help people this money can go to work I redistribute it maybe not get it back in the market. And you put it back in the marked completely up to you but. Also with folks out there are Brian you don't have to be seven you have to you just have to remote what did we see this week. We saw two wonderful people history to have with the cold beneficiary IRA earned inherited Ira off and what others their parents had passed away that beneficiary rather than. Cashing out like 85%. Of the people out there or do they received and hire a from a parent. Cash it out go by the for John votes then surfacing I guess I don't. It is if you did you bet you don't only have to pay the taxes on the IRA but everything that you may give now jumped into another tax code. Who was still a sidebar and entourage and folks is if you war or may be an area you know higher rank you need to talk to somebody before you go and take one penny out of that. Otherwise will be a tax time bomb it'll blow up and 40% or more Michael Opel Sam they want that. Now. I'll speak for everyone listening now that's something you want your Uncle Sam he he he know wanna pay our fair share but he. Yeah thank you think it as. Kennedy does if you learn more about strategies like that and how to make sure that you're wearing them in case that's the situation for you your spouse your family your retirement. A north star 65 dot com or call northstar. Financial and retirement planning has been around since 2007. And helping folks just like you with real retirement solutions such a complimentary retirement review. 805. Point eight. 0920. It while you're in retirement of she's still want to grow your money but you probably feel a little uneasy about taking too much rest. Well Patrick Kelly national bestselling author on the subject your retirement. Chapter in his latest buzz about that in the book is called the fine for retirement nest. All people or face with the same question is they think I think either or either I've got to take no risk can get 1% return. All I have to take significantly big risk put my money in the market to try and get a big return. What they don't know is that there is gonna show you around for well more than a decade. That allows them the opportunity. To still get. A return. That's significant. But guarantees that if the market goes down they're not gonna lose money so it's not an either or or any more. It's a both and in this chapter is there to show them and explain to them. How that's possible and that it really does exist. George is really possible I have the best of both worlds they're like Patrick is talking about you know lower our risk in and still get their reasonable rate of return. Absolutely that the best part of all we get to do is introduce some of these solutions to people when they come in the say we never heard of that. And set them again it's it's an actor for over twenty years familiar well. We like to call an option C option a.'s stock markets stocks and bonds B is sitting in the bank. Earning 1%. And there's option C. Which you don't hear a lot of the bank won't introduce this to you. Why because it's not profitable enough for them are there and Atlanta. So give you an idea how this will work term between one and 13%. There's not unlike many games you have to understand that's gonna happen is there's a the market goes up 30% could get 910 maybe 13%. But you do lock in the gains so as the market goes down. Do you still what you've earned distilled here in the account we love that aspect. And does some of these accounts are 100% let with which you can take your money get out anytime he wants in its contractual. The contract is not a hypothetical as you know knowing that that did. At county could be a 100% liquid really helpful because folks sir I'm trying to time their money effort to too long without access to it. If yes then that that the book who were gone going to offer goes into the detail runs gonna just go out and then we'll talk about that. But this is what it's a process will sit down and introduces tears during the first meeting talk about it Micah Wright might not before you. But learning about it is always first up is an. It is if you don't know about it gosh you definitely can be paying attention to do and I have. I tell about this book a five retirement nest by Patrick Kelly absolutely and. It is is the greatest a quick read been told by about 2030 minutes I was slow reader took room a lot of them. It is gonna go over five myths that than most people. I have heard and they think are true is in their retirement mix. Touch Kelly. Again it's quick creed I've got five copies set aside great now I need those rate out for our callers next time callers that call and request it and again it's just a quick easy read it goes over some very common misconceptions that people have. And kind of put your mind Eddie's realize that there are other strategies out there that can help take care. If I could grind just one point done mr. Kelly makes it more to do with eliminating losses and having big returns kind of you know I get the flavor of what's inside this book. If the market dropped 50%. You need a 100% to get your money back and that's basically that that's just he can't go there sure entry retiree can close to retirement in retirement. This bookstores it's a good starting point good reference point to learning more about us. And George is like you're saying you know when you're looking at long term you're looking at your retirement if it's about reducing the volatility in the volatility just killed your returns she nab an average return. Then you cover this thing and everyone everywhere shots every time somebody comes and if you and I we average running twenty miles a week but Paul I don't run any any run forty that's an average of twenty. Everyone at. Averaging a return though we wanna have yourself. Really reducing the volatility is it is key to your retirement in this book really kind of helps cover some of that. If you like a copy of that we've actually got five of those. Available today if you wanna the first five callers gives us a call and handles around Q complimentary. 80518. 0920. That's 80518009. At 20 that book the five retirement NASA like we said it really is about a 1520 minute read. And it'll really give you some ideas of other things that are possible in your retirement complimentary if you're one of the first five callers 80518. 0920. And more online at north star 65 dot com George Ryan you know we waited quite a few of Patrick Kelly's books here on the show over the past couple months in a stress free retirement. Five retirement meant he's also got the retired miracle tax free retirement. When did this book to someone maybe from the radio show or or just someone comes on the office and wants to find out more what's generally their reaction to learning more about the strategy. Yes that's actually they're a wonderful question prison again I said earlier I knew I knew existed to call most people back we're not able to catch him as the call comes and after the show the following day I'll give give her by a call back that we missed and there's so many people is pursuing read the book out at the beginning they call and the call for the book well maybe we didn't get him or maybe when I do the follow call the following day as the you know I wanted the books announcement but frankly I think I just need to sit down with George when you look at the overall plan the books grade they love getting in their reading about it but typically most were people have been coming in at. They wanted the book they come in we saw him the book when you get here. And nudge her to give you some homework read over this chapter take a look at this portion of it or maybe sometimes those can be a different book if you are from. Extra homework so what do we did this week we gentleman's game a book to him he read it on his duck boat dock that was hilarious. Jordan made it almost always through a mostly but it picked back up finishing off your delivers the sunburn on on video well it's a. See that's the thing is you know it you're here relaxing especially learning about these retire immense but does put retirement into perspective. And we love this and I feel like he's a five copies of the book available today if you're one of the first five callers. 805180920. F 805180920. Follow up we're talk about a hot topic social security and one of the most common misconceptions. They. New as a couple may have about it. We'll clear it off on stop worrying you're retired when George tossing them nor strong financial. Because of Uncle Sam it's vitally important to his tax Smart as possible in retirement. Now would be a great time to plug George saw things of north San financial and retirement planning to Argentina can save tax efficient ways to help generate income for life and answer any important retirement questions like am I financially ready to retire soon. Can't blame outlive my ass and this did not include financial drama especially from Uncle Sam owners are financial and retirement planning today. At 1805180190. Or visit our sons 65 dot com. You so much for joining us today for so sorry you're tired with Jorge font sings of northstar financial and retirement planning insecticide north star sixty fine dot com. Then is James Taylor's how sweet it is love that song you know for the past forty years we've been hearing them as a head on the radio. And should know does that song was originally released by martian day back in 1964. But really the camera angle I had no idea. He's saying that himself or did he to Selma blues song not nearly set himself and yelling yeah. That's always puts a smile on my face and eyes taken out of bed moved quickly. Removed them. That's right that's right that's hopefully what you're doing today you know listening to this show and celebrating retirement being happy about it. As opposed to what a lot of people are feeling right now concerned about it maybe you're. Feelings overwhelmed and you're not really sure where the star Miley took the first step you're listening today and it's all part of north star financial and retirement planning and we're gonna talk about how you can't have that smile on your face when you're thinking about retirement Marty tells always. North star 65 dot com I'd like to point out Chris we we talk during the break we were able to help a couple small business owners this week they came in. And putting plan together for them I try to tell people should listen on the small business owner Tim. This is my this is what you're here I am starting this 12007. 2000 have been in the industry for many years but yes I went independent 2007 so same struggles. Is nobody else but I guess the slot what plan you put together for yourself George. They're able to share that with a couple disorders as we can they were amazed. So if you're on your own business. You wanna talk talk walk the walk but probably pretty good contest to. Have a sit down with all sit down and and to share with you some ideas. And you know I also say to that you know I am someone who I won't go out of my way I could this local mom and pop pharmacy that has our hours. But it's lovely homes and it's it's independent and instead of going to a big change I just prefer doing business that way and I think a lot of people do and free listening that's what you're gonna get with George and his team at north star financial retirement planning is an independent retirement strategy firms so. There's no constraints when it comes to a different kinds of you know strategies and options that Georgia and the team can offer you and frankly other financial professionals. They even have these to choose from. That's what I'm doing business with a small business it will get healed independents and and really an unbiased opinion. I'm more in north star 65 dot com or given the call 805. Point eight feet. 09820. And you can set up a complimentary retirement review. Yeah I was one of the challenges that women face in retirement is a source Social Security check an investor manager sat across shank sand on CNBC that way she called in but held but there's also other game. It's women retire with two thirds. The wealth lament and live 68 years longer to women don't invest in nearly the same degree as men we also have an investment. One place financial advisors can do a better job when her husband dies first which she does. She leaves him joint financial advisor over the next year 70% of the time. And George Ryan how important is it the both spouses are involved or when creating a retirement plan it's huge. I mean it's kind of obviously stated their but it is huge why a lot of times it's just one person coming in. Initially lamp IPO came as some point they both have to come and you're very right not to ask you guys who have. One issue with that too is one's spouse can play a live the other end and you need to be on the same page it's usually the wife. List longer and if if she is not connected with this. Can you see Ethier possibly or probably know the road and yet. And Georgia have heard so many people say you know George I trust you yes. Just to discuss let's just do it is trust you'll georgians don't want people just to trust one make sure you understand right and that means that both spouses need to understand what the plan is. How it's gonna take care of each of you rent and really. It's your life is true livelihood you you've got George to fall back on you got myself we we've got. This just into a tree here in in Greenville Henderson military people we have. Hundreds of people behind is backing us up but the companies that we work with and we're here to take care you think people need to. Understands is a serious matter really is particularly this stuff that you can play I have this is going back many years I've carried this around forever. That is burning me out. Good friend of mine his own father passed away. And this is 2008. Do you idea Penn and his mother was not involved with the money. She opened up for statements 600000 dollars the truck to 330000. Hello just lost her husband and did another loss on that Eminem no money is nothing compared to losing her husband but without her husband just kinda neat that's a surprise if Chris so it it was just a scenario is just a wanna see again and that was my friend coming to me since George welcome we do. And we're able to help now she's doing fine now but it was horrible I just wish that upon anybody. Retirement issues for women can be so different than they are for men their retirement issues whether or some man or woman and single retired minister is whether you're married it just varies. For each one of those listening today there's so many components that could you know really changed thanks and that's what shows about it's about real life things that you could encounter are but you wanna watch out for. And you know learning from other folks what they've been through that's another thing the Georgian Ryan brings to the table lists things and other clients and I have gone through you know they can draw from that experience for you and your family. The more in north star 65 dot com and just know that they can sit down with him and the offices in and Greenville Asheville and even Henderson though whichever is. Closer for you so college you've got any questions would like to sit down with them. For a complimentary retirement review and we also linesman behind she drags complimentary lunch and learn events on Thursday July 30. I guest speaker will be there are joining George Ryan and the entire team at north star. And it's all about you and the stock market and making sure that you know about all of your options including this specific strategy. Especially if you think the market is ready for a correction are just for an alternative way to grow your money he desperately want to attend this now. So we just have just a couple of seats available for major reservation now this is on Thursday July 30 at the complimentary lunch and learn in downtown Greenville at the beautiful commerce club. Some major reservation while seeing is still available 800. Five point 80920. That's 805180920. We're talking a little bit about Social Security Dara a few moments ago and and we know we can be pretty confusing there's so many different rules and ways and I don't even now but that's for you guys come and a blank. And it's a quirky provisions may actually be good news. For some they are out there who happen to be divorced at least you could be eligible for your ex is this just fits that does tell about how this work. Well as lot of moving parts is Chris will d'or best but give you example if you're confused about Social Security rules for divorced and individuals do not alone. With Claire the model and discover some ways toward the rules to your damage Ryan's my Social Security guy. He's done a great job we've got the software and I'm just real proud O'Brien working with me because of his. Ability to work two full security in this maze. Proper word and he's model earlier in the model money is oh my goodness so let's give a question on the worsen don't have a ten year work history kind of muscle security. All right well first off let's start with the tenure work history Social Security is based off of quarters worked so in order to it to actually be able to receive Social Security for most it it means you have to have. A ten year work history and felt especially when you're looking at the mother does though the wife of the household maybe she hasn't. Who worked ten full years because she's been raising the children taking care of the homestead. So when we're looking at somebody who's divorced and you know they spend most of their life and taking care of the house. There's couple things first for Social Security yet to be at least 62 world there. Your former spouse and or draw he divorced benefit. Must be at least 62 and have enough work history also qualify if Social Security. Doesn't essar after receiving payments. Already but has Billy succeed too and have to have the work history there. You also have been divorced for two years so already we're getting into a lot of different role. I think. Your marriage from what your doors from paso blasts at least ten years before divorce and we're talking all about divorce. Who's throughout the monkey wrench there's also a lot of other rules if you're window and I. And the window rules are a little bit different but we're discussing with the worst. If you are you widow. You have insert your Social Security have questions call us about that as well going to help corporate. You have to be currently unmarried to draw a divorce. Claim on Social Security. Now doesn't mean that you couldn't have had other marriages in between. We've we've met with a few people. Maybe they were married for 1015 years there were divorced. They are remarried may be divorced again or maybe something happened to a spouse. Passed away. As long as you're not currently married you can draw on abortion benefit current if you draw before with a call for retirement age or normal retirement age for most people look canceled security now let's say 66. Depending on your your birth to might go out a little bit later than that if you drove before for German major benefit why should be reduced some. So while rules a whole lot of little special requirements are Ryan. A bunch but if you qualify can receive up to up monthly payments of 35 to 50% of your axles of the Texas a security plenty of Medicare at 65 to crystal. It's an important question here is my excitement about that because that's all can't arms and wanna get into. You know the the X doesn't know about it it is a little tricky if your divorce you you you have dual little homework you gonna go into the Social Security Office probably wait in line. And you're gonna have to open up answer a lot of questions you might feel uncomfortable about but they're not gonna just give you your exes info. Okay so you you've got to ask questions you've got to prove that you're entitled to it. Exactly exactly so you might have to show marriage dev kit. My absolute worst if it's old and homework but. It could be your only chance of Social Security benefits. It might be in a large increase over what you have may be you do have the ten years being don't have much more that abortion benefit might be incredibly. Incredibly helpful and actually getting through your retirement thing thousand dollars behind that to like it just the fun part. We had a divorce he came in he end up but hungry and we were out front with her planet that was played extra 45000 dollars front lifetime benefit out. Absolutely easily you know there was a big deal. That can make a huge difference for you listening hemming gosh that's something you don't wanna leave on the table and but you may not know about it you may not know strategies because there are so many different ones of how you can optimize your social security and and Ryan before you ramp up today UN George Shinn wanted to make available complimentary. Some Social Security optimization reports that are personalized for those listening today. Yes and again the Social Security optimization is gonna help you to make sure you received the most of your money back you paid into the system it is your money. It's not an entitlement program that is your money you've been paying into your whole life so if your married if you're single if you're divorced if you're widowed. Call us today wanna get this out the next five callers if we're not able to get another phone's been ringing some leave a message Moakley backed either today or the next business day. We'll get back to we'll get you scheduled to come and if it's one of those tricky situations we may get real little homework might just have become men and go over the concept for. First and then not really figure out the questions need to ask. Slide the way we do work evenings by appointment. That's important like you folks threat there working during the day and I can mean to leaving and we get that. That's something that's good to know and really if you call right now one of the first five callers George Ryan the team at north star financial and retirement planning all do that Social Security optimization report personalized for you complimentary if you're one of the first five dollars. 805180920. That's 805. Point 809. At 20. And Chris and I just wanna have also if you are out there if you just filed for Social Security in the last twelve months and you're thinking. Oh god I can't believe it and maybe I could get more benefit out of this. We we've had people come and they've already filed. If you are in your first twelve months on Social Security as a rules currently stand you can return that money. You can pay back nobody wants to pay back the government. You can pay back the regional water and do one of these strategies and we sent our folks that have ended up looking at it and rather than taking an early read and taken immediately utilizing an actual strategy if so security. Come off when a 100000 dollars more over a lifetime wild. That's worth a phone call. I'll call for a fifth of the phone right now those five complimentary Social Security optimization reports personalized for you. 805. Point 80920. Complementary to the first five college today. 805 point 809. At 20. And we're always online at north star 65. Dot com. I'm Kristin for all on behalf of George fosse thing for Ryan Mulligan in the entire team at north star financial retirement planning thank you so much for making stuff for you. Retired part of your day thank you all for listening have a wonderful. George crossing. No man. The opinions expressed by George Foster Northrop financial and get the British show why they're donating. It's of the radio station all the statements and opinions expressed are based upon information considered reliable mother would you not be relied upon has done anything disturbing is reflected a change without notice. Involve risk and a month for the white did not guaranteed. I've used as an indicator determine future results or strategies mentioned that is suitable for everyone's information expressed does not take into account your specific situation and objectives and the not intended as recommendations appropriate for you. Information mentioned it's a would have qualified tax legal or investment advisor. It's urban it's suitable for your specific situation this program is designed to provide accurate and authoritative information. Affiliated with the war endorsed by the Social Security Administration or any other government agency.