Latest / Be It Till You See It / 635. Your Retirement Identity Is Not a Bank Account Number

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635. Your Retirement Identity Is Not a Bank Account Number · Be It Till You See It

0:00
[SPEAKER_00]: He was talking about football players and he was talking about people who have you know high performance people or make a shitload of money And then they retire and they he said they burn through a lot of money Trying to figure out who they are
0:16
[SPEAKER_02]: Welcome to the be it till you see it podcast, where we talk about taking messy action, knowing that perfect is boring.
0:23
[SPEAKER_02]: I'm also Logan, prize instructor, and fitness business coach.
0:27
[SPEAKER_02]: I've trained thousands of people around the world, and the number one thing I see stopping people from achieving anything is self-doubt.
0:35
[SPEAKER_02]: My friends, action brings clarity, and it's the antidote to fear.
0:41
[SPEAKER_02]: Each week my guests will bring bold, executable, intrinsic, and targeted steps that you can use to put yourself first and be it till you see it.
0:51
[SPEAKER_02]: It's a practice, not a perfect, let's get started.
0:55
[SPEAKER_00]: Take it away!
1:00
[SPEAKER_02]: Welcome back to the beat till you see interview Recap on my coast and life Brad and I are going to dig into the trailblazing.
1:07
[SPEAKER_02]: Help, trailblazing.
1:13
[SPEAKER_02]: Well, come back to the vehicle.
1:15
[SPEAKER_02]: You see it interview recap for my co-syn life.
1:17
[SPEAKER_02]: Don't laugh at me Because I just started again.
1:20
[SPEAKER_00]: No, the welcome back was perfect.
1:22
[SPEAKER_02]: It was amazing Welcome back to the vehicle.
1:25
[SPEAKER_02]: You see it interview recap for my co-hosts on life Brad and I are going to dig into the Trail Blazing combo.
1:29
[SPEAKER_02]: I have with Greg Lundz for it in our last episode.
1:32
[SPEAKER_02]: If you haven't yet listened to that interview, you fucked up
1:38
[SPEAKER_02]: It's so good.
1:39
[SPEAKER_00]: It's a great interview.
1:40
[SPEAKER_02]: He's a great educator.
1:42
[SPEAKER_02]: He blew my mind.
1:44
[SPEAKER_00]: So inspirational.
1:45
[SPEAKER_02]: Yeah.
1:46
[SPEAKER_00]: You actually literally said my internal dialogue out loud to him.
1:53
[SPEAKER_00]: I can't talk to the end of the interview because you were like, yeah, after listening to you, I'm so excited for this next chapter of my life, and I was like, me too.
2:02
[SPEAKER_02]: I know, I know, I, your parents need to listen to this stat.
2:08
[SPEAKER_00]: Yeah, he's badass.
2:09
[SPEAKER_02]: So anyways, they won't even be out and they're making decisions right now, maybe we have to get them an episode early.
2:15
[SPEAKER_02]: Okay, so you can come back and listen to it later.
2:17
[SPEAKER_02]: You can finish this and you can listen to that one or I got to finish the script.
2:21
[SPEAKER_02]: You can listen to this one or you can listen to that one first, whichever you want to do, but just you go.
2:26
[SPEAKER_00]: You do not have to finish the script.
2:28
[SPEAKER_00]: Well, I just have to do just let it go.
2:30
[SPEAKER_02]: You can also just close the loop on that.
2:33
[SPEAKER_00]: That was the only a loop that you know.
2:35
[SPEAKER_02]: Well, you know what sir today is January 29 it's just after my birthday
2:43
[SPEAKER_02]: You can still wish me a happy birthday.
2:46
[SPEAKER_02]: It's the anniversary to celebrate seeing eye-guide dogs.
2:50
[SPEAKER_02]: So the seeing eye-guide dog anniversary is an appreciation for all the dogs who act as their owners, eyes, and ears.
2:56
[SPEAKER_02]: The devotion and top abilities of these particular canines keep them safe and enable them to operate a fully functional person.
3:03
[SPEAKER_02]: The day is meant to recognize a school that educates them.
3:06
[SPEAKER_02]: Seeing eye dogs go through extensive training to be able to safely traverse the environment and all of its hazards for their person.
3:12
[SPEAKER_02]: that's why they're so worthy of this recognition.
3:14
[SPEAKER_02]: Okay, so I don't have a scene eye dog.
3:17
[SPEAKER_02]: Obviously, we don't know anyone who in our life who has a scene eye dog.
3:21
[SPEAKER_02]: But I have watched the dog who could tell a girl was a devisezer before she had it and then opened the fridge and pulled out her medicine and gave it to her while she was having this like seizure.
3:34
[SPEAKER_00]: That's crazy.
3:36
[SPEAKER_02]: Crazy and I have met people with dogs who can sense if they're about to have like an insulin situation because I have some like a type of insulin diabetes We're like I can change really drastically.
3:47
[SPEAKER_02]: I have definitely seen people with seen eye dogs and so impressed and so really the rest of the days sucked and this is the best one of all the choice says
3:59
[SPEAKER_02]: I really like this one because here's the deal.
4:01
[SPEAKER_00]: So the organization is actually called the seeing eye.
4:04
[SPEAKER_00]: Oh, yeah.
4:05
[SPEAKER_00]: And I'm just realizing that as well.
4:08
[SPEAKER_02]: Okay, well, they got up.
4:09
[SPEAKER_02]: They didn't have paid for this sponsorship because they're doing great work out there.
4:11
[SPEAKER_00]: It's just people who need it.
4:12
[SPEAKER_00]: It's just a guy dog school.
4:14
[SPEAKER_02]: And I am just kind of obsessed with this.
4:17
[SPEAKER_02]: And so if this inspired you in any way, you should go donate money to your local no kill animal shelter.
4:23
[SPEAKER_02]: Because while those dogs won't be a sea night dog or a service dog, they certainly need your help.
4:28
[SPEAKER_02]: This is really, or you can donate to your St. eye dog school if they need the money.
4:32
[SPEAKER_02]: Like, you never know, you might your life could change.
4:35
[SPEAKER_02]: You might need a dog that's a service animal.
4:38
[SPEAKER_02]: So I just was, you know, anything to help raise money and thoughts about, please don't buy a puppy.
4:43
[SPEAKER_02]: Go get, go adopt an animal.
4:45
[SPEAKER_00]: They have puppies too.
4:46
[SPEAKER_00]: You know what, is amazing.
4:47
[SPEAKER_00]: I'm reading about the school.
4:48
[SPEAKER_00]: And I think that my elementary school teacher,
4:53
[SPEAKER_00]: went to the school.
4:55
[SPEAKER_02]: Really?
4:55
[SPEAKER_00]: Because when we were in school, she somehow lost her vision.
5:01
[SPEAKER_00]: Oh.
5:01
[SPEAKER_02]: And I remember she, you were top by someone who couldn't see.
5:06
[SPEAKER_00]: No, when I was taught by her, she could, but then like in a year or two later, when I was like in fourth or fifth grade, we we found out that she lost her vision and and I remember her going to Braille school and I'm pretty sure she went to seeing eye dog school.
5:21
[SPEAKER_00]: That's cool.
5:22
[SPEAKER_00]: Because think about it.
5:23
[SPEAKER_00]: If you're like, you know, 50, 60 years old and you've never worked with a dog before like that, how would you even know how?
5:30
[SPEAKER_02]: Yeah, and now you have to get trained.
5:31
[SPEAKER_02]: Okay, but now this opens up a whole thing.
5:34
[SPEAKER_02]: So then she couldn't do the thing that she loved it to do.
5:36
[SPEAKER_02]: She couldn't teach anymore.
5:38
[SPEAKER_00]: I'm pretty sure she would care.
5:39
[SPEAKER_02]: Oh, that's such a, so wait, this sucks.
5:41
[SPEAKER_02]: If you're blind, what are your jobs?
5:45
[SPEAKER_02]: You could be a phone sex operator.
5:47
[UNKNOWN]: Yeah.
5:48
[SPEAKER_00]: Yes, you could be a phone sex operator.
5:51
[SPEAKER_00]: As well, I was gonna go, but... You can make a lot of money doing this.
5:54
[SPEAKER_02]: You could be a 900 psychic.
5:57
[SPEAKER_00]: you could be in our second or you could just talk on the phone too.
6:01
[SPEAKER_02]: Yeah, yeah, with technology today, I think they probably have more options, but I just realized that would suck like all of a sudden, she can't teach me more.
6:08
[SPEAKER_02]: What if she could have an retire?
6:10
[SPEAKER_00]: No, it's, it's, it's very traumatic.
6:15
[SPEAKER_00]: You know, I mean, we have a plus friend of ours
6:21
[SPEAKER_00]: He has like a degenerative disease that didn't strike until he was in his, you know, midlife and we do.
6:29
[SPEAKER_02]: Oh, is it born?
6:30
[SPEAKER_02]: Is he going blind?
6:31
[SPEAKER_00]: No, oh, but but the idea of being able, of being enabled body.
6:36
[SPEAKER_02]: Yeah.
6:37
[SPEAKER_00]: And then all of the sudden, everything that was quote unquote normal for you is no longer an option.
6:43
[SPEAKER_02]: Yeah.
6:43
[SPEAKER_00]: I mean, that's scarce, that scares me.
6:45
[SPEAKER_02]: scares a hell out of me, but a dark tangent, dark comedy tangent, okay.
6:50
[SPEAKER_02]: Okay, if you think it was the French, it was a European commercial during where this thing came through at my Instagram.
6:55
[SPEAKER_02]: And this like got this woman and this guy like wake up on a couch, they like had, you know, obviously had sex last night, and like they were going to couch.
7:04
[SPEAKER_02]: And he's like, no, I got to go.
7:06
[SPEAKER_02]: She's like, you could stay.
7:07
[SPEAKER_02]: And then like, he is like getting up and he like puts himself in his wheelchair.
7:12
[SPEAKER_02]: And then this guy opens up the door to the apartment.
7:16
[SPEAKER_02]: And he's like, what's going on here?
7:17
[SPEAKER_02]: And so clearly, the woman was doing on her partner.
7:20
[SPEAKER_02]: And the whole thing was like, well, like, you know, just maybe think before you park in someone else's spot.
7:29
[SPEAKER_02]: or like using the bathroom or like using the handicap parking and using the handicap bathroom.
7:35
[SPEAKER_02]: And I died laughing, I cried laughing because like what a great way to get people to go, oh, I'm fucking using that restroom or I've never parked in those spots because in LA, one of my girlfriends was just parked there to take a phone call and she got to take it.
7:51
[SPEAKER_02]: Don't do it, guys.
7:52
[SPEAKER_02]: They don't care if you don't leave the car.
7:53
[SPEAKER_02]: Don't do it.
7:54
[SPEAKER_02]: It's for someone else.
7:55
[SPEAKER_02]: It is someone else's spot.
7:57
[SPEAKER_02]: just made me laugh.
7:58
[SPEAKER_02]: I know, this is all about saying I dogs and I thought it was a great advertisement for not being a dickhead.
8:03
[SPEAKER_00]: Oh, great.
8:04
[SPEAKER_00]: Well, what a fun turn this took.
8:06
[SPEAKER_02]: Okay.
8:06
[SPEAKER_02]: Well, everyone, look, you, your life could change in an instant.
8:10
[SPEAKER_02]: So if there is a charity in your area, that is sub-helping people get service animals into the hands of people that needed.
8:17
[SPEAKER_02]: This is their sponsoring ad for them.
8:20
[SPEAKER_02]: Go give them some money.
8:21
[SPEAKER_02]: Yeah.
8:22
[SPEAKER_02]: Go give them some time.
8:23
[SPEAKER_02]: Participate.
8:24
[SPEAKER_02]: You never know, maybe you could become a really good trainer for one of these dogs.
8:27
[SPEAKER_02]: You don't know.
8:28
[SPEAKER_02]: You know, they look people in prison are training some of these dogs if there's great work going out there.
8:32
[SPEAKER_02]: So everyone needs a hobby.
8:34
[SPEAKER_02]: This could be yours.
8:35
[SPEAKER_00]: I love it.
8:37
[SPEAKER_02]: All right.
8:37
[SPEAKER_02]: You guys, we are home.
8:39
[SPEAKER_00]: Yeah, we are, we are, I know where we are in the world.
8:42
[SPEAKER_02]: We are home.
8:43
[SPEAKER_00]: We are officially home, and I had a great birthday.
8:47
[SPEAKER_00]: I had a great birthday.
8:48
[SPEAKER_02]: Was fabulous.
8:49
[SPEAKER_00]: It was fair, be a little small.
8:50
[SPEAKER_02]: So, fine.
8:51
[SPEAKER_02]: I think it's my new theme every year.
8:53
[SPEAKER_02]: I don't know.
8:53
[SPEAKER_02]: I'll probably change it next year.
8:54
[SPEAKER_02]: I'm an Aquarius who knew whatever.
8:57
[SPEAKER_02]: But it was great, 43.
8:59
[SPEAKER_02]: It's looking good.
9:00
[SPEAKER_02]: And we're getting ready for agency mini, which is next month.
9:02
[SPEAKER_00]: Yes, February.
9:03
[SPEAKER_00]: Agency mini.
9:04
[SPEAKER_02]: And thank, it's a good chance it's on early bird right now to be honest.
9:08
[SPEAKER_00]: Could be.
9:08
[SPEAKER_00]: Could be.
9:10
[SPEAKER_02]: possible, PFT.biz slash mini is where you're going to go.
9:13
[SPEAKER_02]: It's for Pilis instructors or student owners who work for themselves or want to work for themselves.
9:17
[SPEAKER_00]: Yeah, that's profit without the O. Biz slash mini, P.R.
9:21
[SPEAKER_00]: FIT.biz slash mini.
9:22
[SPEAKER_02]: And we are getting ready.
9:23
[SPEAKER_02]: Bras never been to Poland.
9:26
[SPEAKER_00]: First time.
9:27
[SPEAKER_02]: And we have never been to Brussels.
9:29
[SPEAKER_02]: Woo.
9:30
[SPEAKER_02]: And we'll be with Karen freshman.
9:31
[SPEAKER_02]: Yeah.
9:32
[SPEAKER_02]: And then we're going to do a second honeymoon because why not?
9:35
[SPEAKER_02]: And then we're going to be in London.
9:37
[SPEAKER_02]: So if you want to see us in Europe,
9:39
[SPEAKER_02]: This is the only time in 2026.
9:40
[SPEAKER_02]: We're going to be in Europe.
9:42
[SPEAKER_02]: xxll.co-polin gets you the pull-in formation.
9:47
[SPEAKER_02]: xxll.co-slush brussels gets you brussels information.
9:51
[SPEAKER_02]: And xxll.co-pot will take you to the London information.
9:56
[SPEAKER_02]: Yeah.
9:56
[SPEAKER_00]: And come hang out.
9:57
[SPEAKER_00]: Be so fun to meet in person.
9:59
[SPEAKER_02]: Oh my gosh.
9:59
[SPEAKER_02]: Be so fun.
10:00
[SPEAKER_02]: And as of right now, our 2027 calendar does not have anything in it.
10:05
[SPEAKER_02]: And it may stay that way.
10:09
[SPEAKER_02]: I don't know.
10:10
[SPEAKER_02]: So if you want to see us in Europe, this is it.
10:12
[SPEAKER_00]: Oh, good to me.
10:13
[SPEAKER_00]: I was going to say maybe Greece, but we're not sure.
10:15
[SPEAKER_02]: We're still at the moment of this recording, which is November of 2025.
10:20
[SPEAKER_02]: We think we have an invitation to Greece, and we're just waiting for the dates.
10:26
[SPEAKER_00]: We shall see.
10:28
[SPEAKER_00]: Anyway, in May for all of those who aren't in Europe, join us virtually.
10:33
[SPEAKER_00]: We're going to do another spring training event with online Pilates classes.com.
10:37
[SPEAKER_00]: If you were with us last year, two years ago we did a summer summer camp.
10:41
[SPEAKER_00]: Last year we did a spring training.
10:43
[SPEAKER_00]: We loved the spring training vibes.
10:45
[SPEAKER_00]: So we're doing that one again.
10:46
[SPEAKER_00]: We're going to do that event again.
10:48
[SPEAKER_00]: But the topic is going to be totally different.
10:49
[SPEAKER_00]: We're going to do how to get overhead.
10:51
[SPEAKER_00]: So it's going to include all of those kinds of exercises where you sit down and breaking it down for you, making it feel a little more accessible and safe and all those kinds of things.
11:01
[SPEAKER_00]: To get on the wait list for that and get the more information as we start releasing it.
11:05
[SPEAKER_00]: Go to opc.me slash events.
11:08
[SPEAKER_00]: Opc.me slash events.
11:09
[SPEAKER_00]: and you'll be able to stay in the loop, woo, woo, woo, oh yeah.
11:20
[SPEAKER_00]: So today, we had a question.
11:21
[SPEAKER_00]: Except we're going to change up our question.
11:23
[SPEAKER_00]: Normally we get tons and tons of questions.
11:27
[SPEAKER_00]: If there are business questions, we usually answer them in our coaching group agency.
11:32
[SPEAKER_00]: It's from profitable Pilates, our coaching group.
11:34
[SPEAKER_00]: And but this time what we thought we would do is just ask a few of the questions so you can kind of see if any of these are resonating with you and see, you know, like how do we tackle,
11:46
[SPEAKER_00]: How is it that we support the studio owners and teachers that are inside of agency so for example, we have we have a recent one that just got submitted is said hey how much notice should I give that client give my clients about my rate increase no more than 30 days you can go as low as three days, but no more than 30 days I've had many people do two weeks it really to kind of depends on
12:14
[SPEAKER_02]: You know, if you're doing a $2 right increase, you can do that next week, you know, it's not a big deal.
12:18
[SPEAKER_02]: $25 right increase per session, you might want to give them 30 days notice, but we actually also have a course that tells you exactly how to raise those rates and how to actually how to give the people the notice you're going to give.
12:31
[SPEAKER_02]: So you don't get, you're going to have people who have no filter and they don't realize what they're saying out loud to you can feel personal.
12:37
[SPEAKER_02]: It's not, but yeah, but yeah, that's what I was saying.
12:39
[SPEAKER_00]: We've got a lot of different tools to support specifically,
12:43
[SPEAKER_00]: how much should you be raising rates?
12:44
[SPEAKER_00]: And why?
12:45
[SPEAKER_00]: Why are we doing it this way instead of it just being a random number out there?
12:48
[SPEAKER_00]: So if you're ever wondering like am I charging enough, that's why people join agency.
12:55
[SPEAKER_00]: We get to dig into these questions with you, kind of break down some numbers, think about it logically, all that kind of stuff.
13:01
[SPEAKER_00]: Another question for you is I'm thinking of changing my currently I sell packages.
13:07
[SPEAKER_00]: I'm thinking to change to an auto-renew subscription.
13:10
[SPEAKER_00]: So instead of selling a 10 pack You get 10 classes a month or something.
13:15
[SPEAKER_00]: I'm assuming that's what it is.
13:16
[SPEAKER_00]: Yeah, I don't mind if it's a limited Okay, yeah, how do I do this without being too worried?
13:21
[SPEAKER_00]: How do I communicate the change to my class?
13:23
[SPEAKER_02]: You and I have to have a contract
13:25
[SPEAKER_02]: Hey, it's first and foremost, you, this is a auto renewal and the FCC, I believe, put some stuff in place recently, look, it kind of changed.
13:34
[SPEAKER_00]: They took it away.
13:35
[SPEAKER_02]: They might have taken it away.
13:36
[SPEAKER_00]: Click to click to cancel or it's already trashed.
13:38
[SPEAKER_00]: It's already trashed.
13:39
[SPEAKER_00]: Yeah, they did.
13:40
[SPEAKER_02]: Fuck those people.
13:41
[SPEAKER_02]: Anyways, okay, so guess what?
13:42
[SPEAKER_02]: No one's fucking regulating you can do what you want, but reviews still stand And so if you would like to what I always believe us go back to your values We have a course on your values, but I have I have if this was an eight office hours call I could ask a couple of follow-up questions about the person because I have some reasons for not doing an auto-renew
14:00
[SPEAKER_02]: Meaning, if you are a solo teacher, I'm going to say no auto renew for you.
14:05
[SPEAKER_02]: What happens if you get sick?
14:06
[SPEAKER_02]: What about your vacations?
14:08
[SPEAKER_02]: There are ways to set packages up so they almost feel like an auto renew but you actually don't owe people anything if you get sick or if you go on vacation.
14:15
[SPEAKER_02]: If you do an auto renew, you actually owe them whatever the contract states.
14:18
[SPEAKER_00]: Right.
14:18
[SPEAKER_00]: So, like, because what if you're out of town for two weeks and they're like, well, I didn't get my 10 classes.
14:22
[SPEAKER_00]: And then they were out of two.
14:23
[SPEAKER_02]: They were out of two.
14:24
[SPEAKER_02]: They were out of town the other two weeks.
14:25
[SPEAKER_00]: Right.
14:26
[SPEAKER_02]: And then you also have to figure out with your scheduling tool.
14:28
[SPEAKER_02]: Can it handle this?
14:29
[SPEAKER_02]: Can it handle this feature that you want to change it to?
14:31
[SPEAKER_02]: If it does handle it, how easily is it to stop it and start it?
14:35
[SPEAKER_02]: Some people want to have 90 day contracts on these auto renews and then a 30 day notice these are all things you have to talk about with a lawyer But we can actually talk about that together in agency and an office hours or coaching call that really make sure what's going to work best for you and then And then if you are a studio with multiple teachers what are the breaks you want to have and then why are you doing this so that their other question like how to communicate it Kind of depends on what your values are and what the benefits are that you're trying to say for example if you're trying to say that
15:04
[SPEAKER_02]: Our auto renew is a great ease and consistency, plus our number one priority which is community, then you would actually make it really easier for people to be on an auto renewal and really hard to be on a package.
15:15
[SPEAKER_02]: Right, because packages are more convenient for the person owns a package, because they can decide when and if they want to use it.
15:23
[SPEAKER_02]: An auto renewal, they have to use it.
15:25
[SPEAKER_02]: And then what you need to understand about auto renews is it's this is another way of saying membership.
15:29
[SPEAKER_02]: And once you have membership, you have turn.
15:32
[SPEAKER_02]: And you might be surprised how much turn you have with auto renews versus people with packages.
15:39
[SPEAKER_02]: Because I don't love to be on auto renews with places because I travel so much.
15:45
[SPEAKER_02]: So I might not choose a place that forcing an auto renew.
15:48
[SPEAKER_02]: Or charges me more to be on a package.
15:51
[SPEAKER_02]: Now, I might not be a client, so it doesn't matter.
15:53
[SPEAKER_02]: I want to scare you.
15:54
[SPEAKER_02]: But these are the things you have to think about.
15:56
[SPEAKER_02]: And where an agency, we actually coach you on it because we don't do templates.
16:00
[SPEAKER_02]: what works for Brad's studio for auto renews is not going to work for Katie's or Georgia's right like we have to actually look at like how many people on the team what is the goal of the studio?
16:11
[SPEAKER_02]: What are you what are the services under that?
16:13
[SPEAKER_02]: Because don't don't get me started when I see I have to have a membership for Matt and I have to membership for a reformer and I get mad about that.
16:19
[SPEAKER_00]: Now that's too many options people don't know what to do and then they think about it and then they think about it.
16:24
[SPEAKER_02]: Yeah, and so you just have to know, like, yes, it looks like that's how businesses are making money right now.
16:29
[SPEAKER_02]: So with all these auto renewed, I'm telling you right now that bubble is popping.
16:33
[SPEAKER_02]: We are watching class-based studios lose clients who are middle class a lot faster than you think.
16:40
[SPEAKER_02]: And so there's reasons to explore what the options are, what's your purpose for running this change?
16:45
[SPEAKER_02]: Like, how is this an easier for you?
16:47
[SPEAKER_02]: Do you think it's too bad, predictable income?
16:49
[SPEAKER_02]: What's in it for them?
16:51
[SPEAKER_02]: And then that's how we sell it to them.
16:53
[SPEAKER_02]: We have to sell it to them on how it's in it for them They don't give a fuck about what's in it for you.
16:57
[SPEAKER_00]: I mean, they don't not give a fuck But like right like really that's not their concern and it shouldn't be right.
17:03
[SPEAKER_00]: No, so well anyway So this is the kind of conversations that we get to have over at an agency are fitness business coaching So whether you're doing yoga or Pilates or I mean we've had people in there who are we've got a chiropractor in there We've had a dual in there.
17:17
[SPEAKER_00]: We've had bar boxing whatever
17:19
[SPEAKER_00]: So obviously, the majority of our audience is Pilates.
17:23
[SPEAKER_00]: So that's primarily what we're discussing over there.
17:25
[SPEAKER_00]: But in the service-based industry, we love doing this.
17:29
[SPEAKER_00]: We've been doing it for eight years now.
17:31
[SPEAKER_00]: So yeah, if you're interested in more information about that, just reach out to us or go to ProfitablePilates.com.
17:37
[SPEAKER_00]: And you can find out about the coaching over there.
17:38
[SPEAKER_02]: But, uh, Do many, do the many things.
17:40
[SPEAKER_00]: Oh, joining you to see many.
17:41
[SPEAKER_00]: Yeah, go to PRFIT.bus slash mini.
17:44
[SPEAKER_00]: PRFIT.bus slash mini.
17:46
[SPEAKER_02]: If you can turn up right now, it's $25 if it's on early bird at 65.
17:49
[SPEAKER_02]: It's not.
17:50
[SPEAKER_02]: Oh my god.
17:51
[SPEAKER_02]: Yeah for three days of coaching Change your life.
17:53
[SPEAKER_00]: Yeah, under percent.
17:55
[SPEAKER_00]: I love it.
17:55
[SPEAKER_00]: Well, thanks for joining us down that.
17:57
[SPEAKER_00]: If you have a question for the pod or question for it.
17:59
[SPEAKER_00]: Leslie or me.
18:00
[SPEAKER_00]: Just text us three what oh nine oh five five three four or submit a question at bidpod.com slash questions
18:07
[SPEAKER_00]: And you can leave us both a win where we'll, we'll probably weave that into our Fuckier Friday episodes.
18:13
[SPEAKER_00]: Or you can submit a question which we can do on our Thursdays.
18:16
[SPEAKER_00]: So stick around.
18:17
[SPEAKER_00]: We'll be right back.
18:18
[SPEAKER_00]: We're going to dig into this amazing combo that Leslie had with Greg Lonsford.
18:22
[SPEAKER_00]: Okay, let's talk about Greg Lundsford.
18:24
[SPEAKER_00]: Greg Lundsford spent more than three decades in financial services as a wealth advisor at Mr. Row in Chicago.
18:32
[SPEAKER_00]: I'm sure I'm saying that wrong.
18:33
[SPEAKER_00]: He said it twice and I wasn't sure, but anyway, alongside his advisory work, he's an academic researcher who's PhD studies at Case Western Reserve University focused on the social, emotional, and financial realities of today's retirement transition.
18:49
[SPEAKER_00]: And this was so interesting to me, y'all.
18:51
[SPEAKER_02]: fascinating, fascinating.
18:53
[SPEAKER_00]: So his curiosity about why even highly successful professionals hesitate to retire, led him to explore how identity, purpose, and well-being, shape this stage of our lives.
19:07
[SPEAKER_00]: And he's like part historian too, right?
19:09
[SPEAKER_00]: So he's also the author of Exit from Work and he writes about his journey and insights into retirement.
19:16
[SPEAKER_00]: So, but I really enjoyed him breaking
19:20
[SPEAKER_00]: just the different stages of our lives and also like he's comparing generations.
19:25
[SPEAKER_00]: Oh yeah.
19:26
[SPEAKER_00]: And like how they got to where they are and well like okay so like retirement package stuff that is not even an option for us.
19:33
[SPEAKER_02]: So let's just talk about like let's go more specific with the episode is about just he's having heard it.
19:37
[SPEAKER_00]: Yeah.
19:38
[SPEAKER_02]: So we were talking about retirement attitude.
19:41
[SPEAKER_02]: In a sense, like, in that, you know, the way my grandparents retired, I, to this day, I'm shocked.
19:48
[SPEAKER_02]: They retired.
19:49
[SPEAKER_02]: I didn't know they had money to retire.
19:50
[SPEAKER_02]: They don't look like they saved anything, but like, there, you know, one side saved everything.
19:56
[SPEAKER_02]: It came out of the depression, the other side.
19:59
[SPEAKER_02]: could have been their children so very different life they're very young and so they like I once had a grandparents were retired when I was born and I had another son of grandparents that worked the whole for a while when I was alive right and then they all had a pension and then they just
20:15
[SPEAKER_02]: And then they just retired and got paid to be not working, right?
20:19
[SPEAKER_00]: What I think is amazing is Greg's analysis, and I'm sure this is well-documented now, but his analysis of life expectancy shot everything in the foot.
20:30
[SPEAKER_02]: Right.
20:31
[SPEAKER_00]: He said our grandparents' generation, and to some extent maybe our parents' generation,
20:37
[SPEAKER_00]: the pension game, the reality is that people weren't living to be 80, 70, 80, 90 years old.
20:46
[SPEAKER_00]: They were only living 60, 70 years.
20:48
[SPEAKER_00]: And so if you're working until you're 55, and then they have to pay you out for a decade more before you're done, then... That wasn't that big of a deal, but when you're living until you're 80, all of a sudden the companies were like, this is a massive burden for us.
21:03
[SPEAKER_00]: we can't we can't do this and so then what the retirement age got older the pension packages started getting slimmer all that kind of stuff so like when we look at our grandparents and they had just like you said how was it possible that they could even retire I didn't make any sense they always they had actually had money to give when they died I was like what right they had they had money so so the the thing that was really fun with Craig is that like
21:29
[SPEAKER_02]: He, you know, we got into this more deeply in the episode, it's worth listening to, but like during the 2008 recession, companies were trying to just fire everybody and so they were trying to go, here's a money I'll just take this amazing package and people weren't doing it and it's because it was emotional like it wasn't just knowing the number which is like what the ads would say it was like who am I if I'm not doing this yeah and like, you know,
21:56
[SPEAKER_02]: Some I worry about like like your parents have worked your dad's word for a company for 40 something years 40 one or 42 years Yeah, well, you're 43.
22:05
[SPEAKER_02]: Yeah, so so and so he's gonna retire right and it's like Does he know what to do?
22:13
[SPEAKER_00]: See no, he's gonna do it's so funny because and also he caught me with it over tired
22:19
[SPEAKER_00]: No, no, they could have, I think financially, they could have retired a while back.
22:23
[SPEAKER_00]: But again, I think you're right on the money.
22:25
[SPEAKER_00]: It's not, it's actually an identity.
22:28
[SPEAKER_00]: Yes.
22:28
[SPEAKER_00]: It's the way that you see, it's how you define who you are.
22:33
[SPEAKER_02]: Well, and he's, so, so Greg, our genius that we interviewed.
22:37
[SPEAKER_02]: He said, you, we now have a 20 year life bonus where you get to define who and what you want to be, because you have your first 20 years getting 20 issues and you educated, then you have 20 something, well, in your case, 40 something years, but you're working, but then you probably have another 20 plus years.
22:58
[SPEAKER_02]: to be anything you want.
22:59
[SPEAKER_00]: Yeah, because he was talking about the bucket list where people are like, I'm old and decrepit, but I want to go see Niagara Falls, right?
23:05
[SPEAKER_00]: And basically now today, because the quality of life is so much better, you're you're still active and able to do like normally, you know, well into your 70s and maybe even 80s until you're willing to slow down.
23:17
[SPEAKER_00]: So at that point, but like so, so then your bucket list is a bit different because like,
23:23
[SPEAKER_00]: Okay, you can probably travel travel travel travel travel for five or 10 years.
23:28
[SPEAKER_00]: Maybe my grandparents did this.
23:29
[SPEAKER_00]: They bought a, they bought an RV.
23:31
[SPEAKER_00]: Yeah.
23:31
[SPEAKER_00]: And for a decade, they drove around the United States for a decade.
23:36
[SPEAKER_00]: But they eventually got bored of it.
23:39
[SPEAKER_00]: And then they came home and they still live for another 20 years, you know?
23:42
[SPEAKER_00]: So it's like, okay, so the bucket list thing, if people aren't looking at the end of life, I was like, I gotta finally have a good time.
23:51
[SPEAKER_00]: Now what Greg is saying is like, you could flip this on you.
23:54
[SPEAKER_00]: That's head and partly.
23:55
[SPEAKER_02]: Yeah, well, he emphasized that today's retirees have more personal freedom than previous generations.
24:00
[SPEAKER_02]: And you're probably like, Leslie, why are we talking about retiring?
24:02
[SPEAKER_02]: We're still going to be it till we see it because they tell you see it changes.
24:06
[SPEAKER_02]: It changes all the time and also if you are not considering what you want to do on the other set of whatever it is you're doing.
24:13
[SPEAKER_02]: I don't care how much you love it.
24:14
[SPEAKER_02]: I fucking love what I do and I dream of exiting stage left all the time.
24:18
[SPEAKER_00]: And it's not because she this is what I hear around her house.
24:23
[SPEAKER_00]: I can't wait to be the person that people go, who is she again?
24:28
[SPEAKER_00]: And she's like, something to do with Pilates, I don't know.
24:31
[SPEAKER_02]: Yeah, like, so there's a line in Notting Hill, where Julia Roberts character says like, she says it and like not the nicest way about herself, but like,
24:42
[SPEAKER_02]: people are going to look at her as this person who was once famous for while.
24:46
[SPEAKER_02]: And I see as like a complete, amazing thing where it's just like someday it'll be like that, oh, that's that person who she was kind of known in her industry for a little bit.
24:56
[SPEAKER_02]: And it's like, yeah, it's not like I was once famous for a little bit in a small part of the world.
25:01
[SPEAKER_02]: And now I can move like this, because why not?
25:03
[SPEAKER_02]: It doesn't mean I don't love what I do.
25:05
[SPEAKER_02]: And by the way, like please don't freak out no one freak out your memberships are fine.
25:08
[SPEAKER_02]: I'm not going anywhere.
25:09
[SPEAKER_02]: You got to tell people this Brad, you got to make sure that's all people this way are currently creating two other things right now.
25:14
[SPEAKER_02]: So no, and I'm not going anywhere, but I do constantly think about.
25:20
[SPEAKER_02]: I want to be able to retire when I have my faculty to travel the world, to go to Antarctica, to do different things.
25:26
[SPEAKER_02]: I don't want to be in my seven days going, okay, now I'm hanging my hat up.
25:31
[SPEAKER_02]: No, I want to know who you and I are on the other side of working together.
25:35
[SPEAKER_02]: Like, I, there's these other things, and so I wanted to have Greg on, because when he told me what he did, I was like, fuck, yeah, it doesn't matter how old you are listening to this.
25:45
[SPEAKER_02]: You can take some time to think about
25:48
[SPEAKER_02]: What is the freedom I want to have in this extra bonus of life I get?
25:53
[SPEAKER_00]: Yeah.
25:54
[SPEAKER_02]: Your grandparents didn't get it.
25:56
[SPEAKER_02]: None of mine did.
25:57
[SPEAKER_02]: They all died gone.
25:58
[SPEAKER_00]: So, yeah, I think it's, I think it's, I think it's just really interesting to look at the, the shift of things, right?
26:05
[SPEAKER_00]: There's so many factors that that made the baby boomer generation, like, pretty epic.
26:13
[SPEAKER_02]: Um, man, they don't know how good a ride they had.
26:15
[SPEAKER_00]: Yeah.
26:16
[SPEAKER_00]: and the wealth that they were able to build without like realizing it and all that stuff has that whole flow has shifted completely and so it's interesting though because life expectancy is longer and I just I just loved that so I think that really shifts into what I what I loved about he was talking about he said something that I found intriguing
26:39
[SPEAKER_00]: He was talking about football players and he was talking about people who have high performance people or make a shitload of money and then they retire and he said they burn through a lot of money trying to figure out who they are.
26:55
[SPEAKER_02]: Yeah, this blew my mind too, because it's like, oh, hold on, you, you have the money, but you don't know what you're going to do with it yet.
27:05
[SPEAKER_00]: Well, it's not even what they're going to do with it yet.
27:08
[SPEAKER_00]: They're trying to find themselves because they've been defining themselves.
27:13
[SPEAKER_02]: They weren't listening to this podcast.
27:14
[SPEAKER_02]: Every single person tells people to get to know who they are.
27:16
[SPEAKER_00]: Yeah, but they've been defining themselves by their job for 40 years.
27:21
[SPEAKER_00]: So then what happens when you're no longer able to define yourself?
27:24
[SPEAKER_00]: I know what this is like because when I moved to Tala's Angeles, I was there to do music.
27:31
[SPEAKER_00]: And after two years, only two years of being there.
27:33
[SPEAKER_00]: So I'm like 25, right?
27:36
[SPEAKER_00]: I am die hard into this band.
27:38
[SPEAKER_00]: We are doing everything and anything we can to make this band go.
27:41
[SPEAKER_00]: And then the singer of the band is like, I'm going to grad school.
27:45
[SPEAKER_00]: Any quit?
27:46
[SPEAKER_00]: And he was like my partner in the span and I was like, what the hell man?
27:50
[SPEAKER_00]: Like why did I come all the way out to Los Angeles to do this and what to do what?
27:54
[SPEAKER_00]: What am I going to do?
27:55
[SPEAKER_02]: Because you're going to meet me, but that's okay.
27:57
[SPEAKER_02]: You didn't know that yet.
27:58
[SPEAKER_00]: No, I did not know that that was down the road.
28:00
[SPEAKER_00]: So, so I was really, I was depressed.
28:02
[SPEAKER_00]: I was angry.
28:03
[SPEAKER_00]: I was confused.
28:05
[SPEAKER_00]: I didn't really know how to.
28:08
[SPEAKER_00]: I didn't know what I was going to go do.
28:10
[SPEAKER_00]: I still knew I wanted to do music, but what ended up happening was I really got into motorcycles.
28:15
[SPEAKER_00]: Like, really got into motorcycles and that became kind of how I defined myself.
28:20
[SPEAKER_00]: It was how I changed the way I dressed.
28:22
[SPEAKER_00]: I literally wrote a motorcycle every day.
28:24
[SPEAKER_00]: I joined a motorcycle club.
28:26
[SPEAKER_00]: I would write all over Southern California.
28:28
[SPEAKER_00]: You know, and so suddenly that became my identity.
28:31
[SPEAKER_00]: Right.
28:32
[SPEAKER_00]: And it wasn't until I was networking and met some more people in music that I began to shift back into the music kind of things.
28:38
[SPEAKER_00]: But like, yeah, for sure, I can understand how people
28:42
[SPEAKER_02]: blah blah blah whatever and now no longer so what I'm so easy to blow the through money to fair who you are with there's people who join polarized training programs at 60 because they're like oh I think I want to do this but it's like eight grand right well what if you don't then people feel like oh I just waste all that money and then they do something I don't want to do with it or or they just keep trying out different things and like now they've got this now they bought a kayak then they bought
29:07
[SPEAKER_02]: the ski do and then they bought the boat and they're trying to be more tired birds and so yeah I think so I think it's really easy because they don't know who they are and that's great to all think they you have to know who you want to be.
29:18
[SPEAKER_00]: Yeah he said many people who spent life meeting obligations are now suddenly confronted with who do I actually want to be?
29:28
[SPEAKER_00]: Right, who do I actually want to be?
29:30
[SPEAKER_00]: And he said, if you go into that blindly, you start chasing quick hits to replace the accolades of a job, you know, the team mentality, the psychological part of success when you achieve a goal, you know, and basically it can feel very scattered.
29:50
[SPEAKER_00]: And he said, so what we should be doing
29:56
[SPEAKER_00]: Yes, a retirement identity, and he said, instead of trying to figure it out when you get there, what if you started processing that now?
30:06
[SPEAKER_00]: And I thought, man, that's really interesting, because that's always been a question for me, you know, like, I asked your dad one time, what's it like to be retired?
30:13
[SPEAKER_00]: And he goes, I don't know, man, I've been retired since my 50s.
30:15
[SPEAKER_02]: Yeah, he's been trying for a long time.
30:17
[SPEAKER_00]: Yeah.
30:17
[SPEAKER_02]: So, Lee, we're going to live in Mexico and become to kill us Molly A's.
30:21
[SPEAKER_02]: I've already figured this out.
30:21
[SPEAKER_00]: I love it.
30:22
[SPEAKER_00]: I love everything about that.
30:24
[SPEAKER_00]: I think that's brilliant.
30:25
[SPEAKER_00]: But also he said there was other options too.
30:29
[SPEAKER_00]: What did he call it, the barista?
30:32
[SPEAKER_00]: Oh, no, that was the last week.
30:33
[SPEAKER_00]: Barista retired?
30:35
[SPEAKER_00]: where she was talking about, um, uh, you know, getting a part-time job.
30:39
[SPEAKER_00]: She called a barista retired a thing.
30:40
[SPEAKER_02]: Oh, I think so.
30:41
[SPEAKER_00]: Yeah.
30:41
[SPEAKER_00]: That was cute.
30:42
[SPEAKER_00]: You know, like, and that's what your dad's doing now.
30:45
[SPEAKER_00]: And why is he doing that now?
30:46
[SPEAKER_00]: Because he doesn't want to sit around and watch a television old day.
30:48
[SPEAKER_00]: He wants to get up and be active.
30:50
[SPEAKER_02]: Yeah.
30:50
[SPEAKER_02]: There's, there's great.
30:51
[SPEAKER_02]: There's, he's a, he's a, he's a crossing guard now.
30:54
[SPEAKER_02]: He fucking loves that.
30:56
[SPEAKER_00]: Greg was talking about, like, he works with these clients who are looking towards retirement and he helps him sculpt these packages, which are really clever, right?
31:05
[SPEAKER_00]: Because it shifts your focus of purpose in the job.
31:09
[SPEAKER_00]: If your job has been the manager team of 50 people, now you might be training your replacement person for a year or two before you shift into part time and you just do it because you can do it from wherever you need to be and whatever.
31:23
[SPEAKER_02]: I am obsessed with the whole thing because like everyone wants to know like how much money do you need to live off of like that we even are Lovely wealth people were like how much money do you want to live off of when you retire and we were like we don't want to worry about money Yeah, how was our answer because I want to live in a air stream Stip into Kila
31:41
[SPEAKER_02]: And you know, coming back home here in the weather is good.
31:44
[SPEAKER_02]: And then, I don't know, we have a house in Cambodia.
31:46
[SPEAKER_02]: There's a, I want to see the world.
31:47
[SPEAKER_02]: So we had that, but we, no one was like, what is your retirement persona?
31:53
[SPEAKER_00]: Yeah, like, how do you, how do you imagine spending your time participating in the world as a retired person?
32:01
[SPEAKER_02]: I mean, exactly.
32:02
[SPEAKER_00]: Is your goal to watch every movie in the last blockbuster?
32:06
[SPEAKER_00]: maybe you should do that.
32:07
[SPEAKER_02]: We might have to talk about having different lives.
32:13
[SPEAKER_00]: It's funny that he said a lot of couples don't talk about this and they see, you know, they see themselves retiring in different ways.
32:24
[SPEAKER_00]: It's not something that they've actually discussed.
32:25
[SPEAKER_02]: Yeah.
32:26
[SPEAKER_00]: Interesting.
32:27
[SPEAKER_02]: Well, and you know what, maybe I have to, if there's an expert listening who does graduated marriages, I would love to have you on because that's what they're called.
32:34
[SPEAKER_02]: They're called graduated marriages.
32:36
[SPEAKER_02]: where you are allowed the person you're married to.
32:38
[SPEAKER_02]: You don't want to cheat on them.
32:40
[SPEAKER_02]: You don't want to be married to someone else, but you would like to have some people just do a separate room.
32:44
[SPEAKER_02]: Some people have a separate house.
32:46
[SPEAKER_02]: Like they live in a different place because they want to live over there.
32:50
[SPEAKER_02]: Clearly, that doesn't work for us because I would get lost.
32:53
[SPEAKER_01]: But, that's me.
32:56
[SPEAKER_02]: It's fascinating.
32:57
[SPEAKER_02]: You know, I mean, there's just one podcast so as I listen to and she,
33:01
[SPEAKER_02]: is been working, she still has her company, she's working, she works like a dog, she's got a really successful podcast and she wants to travel with that podcast and her current successful company is something that she can travel with and her husband can't.
33:14
[SPEAKER_02]: And she's like, I love you and you can visit me.
33:17
[SPEAKER_02]: I want to live for this many months in the state.
33:20
[SPEAKER_02]: I've never lived there, I want to live there.
33:21
[SPEAKER_02]: I want to feel it's like, and so she got an
33:28
[SPEAKER_02]: That's cool.
33:29
[SPEAKER_02]: And you know, maybe it's spicy things up.
33:31
[SPEAKER_02]: I'm not saying that, but that's the thing.
33:32
[SPEAKER_02]: But like I do think that if you're in a relationship and you haven't thought about retirement together, maybe this be your signing to contact Greg.
33:39
[SPEAKER_00]: And or have a conversation with your partner.
33:41
[SPEAKER_02]: And if you're so low, yeah, yeah.
33:43
[SPEAKER_02]: And if you're so low, then if you haven't thought about this, you should because otherwise you're just focusing on dollars.
33:49
[SPEAKER_02]: And that's why I think people get obsess about what the stock market is doing because you're not actually thinking
33:56
[SPEAKER_02]: That person you want to be and you get a little weird about it and we have an episode with wealthless test coming back on when it comes to like the stock and our numbers and all that stuff and this uncertain time, but I just think that this is a way you're totally right because it does just become about like this like mad mad like focus on Stashing cash kind of the markets or whatever.
34:17
[SPEAKER_02]: Well, and there's so much fear around that, and then it's like, but then who are you, right?
34:20
[SPEAKER_00]: Like, I just obsessed with that doesn't actually address anything that Greg is talking about here with your retirement identity.
34:26
[SPEAKER_02]: I can tell you right now.
34:27
[SPEAKER_00]: Your retirement identity is not a bank account number.
34:29
[SPEAKER_02]: He is the only person talking about this.
34:31
[SPEAKER_02]: I haven't or anyone else talk about this.
34:33
[SPEAKER_02]: I haven't had anyone else to talk about this.
34:35
[SPEAKER_02]: And I am like, this is the standstill, like number one retirement episode we'll ever have.
34:40
[SPEAKER_02]: Like I'm saying here today.
34:41
[SPEAKER_00]: Yeah, it's great.
34:42
[SPEAKER_00]: It's awesome.
34:43
[SPEAKER_00]: Well, love it.
34:44
[SPEAKER_00]: Stick around.
34:44
[SPEAKER_00]: We'll be right back.
34:45
[SPEAKER_00]: We're going to dig into some B and action items that we got from Greg Lunsford.
34:52
[SPEAKER_00]: Alright, so finally welcome back.
34:54
[SPEAKER_00]: Let's talk about those B and action items.
34:56
[SPEAKER_00]: What both executable intrinsic or targeted action items can we take away from your conversation with Mr. Greg Lunsford.
35:05
[SPEAKER_02]: You feel first.
35:06
[SPEAKER_00]: Ooh.
35:07
[SPEAKER_00]: All right, he said, in the planning process of your ideal self, this retirement identity that we've been talking about, he said, what you also have to learn how to do is to replace kinship with friendships.
35:21
[SPEAKER_00]: Kinship with friendships, which I think is kind of cool.
35:25
[SPEAKER_00]: He said today we don't have kinship the way we once did because families are smaller and they are spread out.
35:31
[SPEAKER_00]: Right.
35:32
[SPEAKER_00]: And also, we're not necessarily going into the office to have, Oh, we talked about the golden girl.
35:37
[SPEAKER_00]: Yeah, you did.
35:38
[SPEAKER_02]: Okay.
35:39
[SPEAKER_02]: So talk about the golden girl.
35:40
[SPEAKER_02]: Yeah, Sue, just so you know, Brad, you were on a compound already with Steven, Sue and I and few other people.
35:45
[SPEAKER_00]: Yeah.
35:46
[SPEAKER_00]: We're taking application or taking applications.
35:48
[SPEAKER_00]: Yeah.
35:49
[SPEAKER_00]: I have to have a skill.
35:50
[SPEAKER_00]: So what's really funny, though, is he brought up the golden girl?
35:53
[SPEAKER_00]: I know.
35:54
[SPEAKER_00]: And we've talked about this for like years.
35:56
[SPEAKER_02]: Yeah.
35:56
[SPEAKER_02]: And I was like, a wealth integer, co-signed the idea.
36:00
[SPEAKER_02]: I'm in.
36:01
[SPEAKER_00]: So he said, retirees must create for themselves on their own, a living setup that supports financial stability and mental well-being, and that's where the Golden Girl's concept comes in.
36:14
[SPEAKER_00]: So it has to include intentional socialization and finding things that create psychological success.
36:19
[SPEAKER_00]: So here's an example.
36:21
[SPEAKER_00]: He said, it's called an A, B, R, C. It's an academically based retirement community.
36:27
[SPEAKER_00]: Or there's another one called a URC, which is a university-based retirement community, and basically what he's saying is, if you worked in a field for a really long time.
36:38
[SPEAKER_00]: And you connect with other people who worked in the same or similar field.
36:41
[SPEAKER_00]: You will have a lot of things to talk about that are the same.
36:44
[SPEAKER_00]: Then you'll be able to have those conversations.
36:45
[SPEAKER_00]: So that's where the academically-based retirement community comes in.
36:49
[SPEAKER_00]: Verse, a university-based retirement community would probably be like, hey, we're all from the same Alma Mater.
36:54
[SPEAKER_00]: I may be a year or two before you or after you or whatever.
36:57
[SPEAKER_02]: So here's my criteria for ours.
36:58
[SPEAKER_02]: ours is going to be people.
37:00
[SPEAKER_02]: Everyone has to, who after Ksu, Steven U and I.
37:08
[SPEAKER_02]: who is strong, on strapping, who can help move heavy things, because you and Stephen aren't going to stop doing projects or we're going to need help there.
37:17
[SPEAKER_02]: And then we just need, we need people who have children.
37:20
[SPEAKER_02]: to, you know, to help take care because we don't have any.
37:23
[SPEAKER_02]: We're not bringing that to this.
37:24
[SPEAKER_02]: We're bringing the project management to the community, but we don't have the facilitating.
37:30
[SPEAKER_02]: We're very, we don't have the young person.
37:32
[SPEAKER_02]: Right.
37:33
[SPEAKER_02]: So, so Sue and Steven have a three nieces on their side.
37:37
[SPEAKER_00]: Okay.
37:38
[SPEAKER_00]: Okay.
37:38
[SPEAKER_00]: Okay.
37:39
[SPEAKER_00]: So I think we have a couple on our side too.
37:42
[SPEAKER_02]: We have, we are, I am the favorite aunt to our only niece.
37:46
[SPEAKER_02]: So there's that, but you know what, she might, we need extra just in case.
37:50
[SPEAKER_02]: We need to have extras.
37:51
[SPEAKER_02]: You got to have, like, it's like having retirement.
37:53
[SPEAKER_02]: You got to have backup.
37:55
[SPEAKER_00]: I remember my grandfather who recently passed away.
37:58
[SPEAKER_00]: He was 94.
38:00
[SPEAKER_00]: I think when he passed away, he moved out of his house at, like,
38:04
[SPEAKER_00]: 88 or 87 years old into a retirement community and he did it in like a snap whim moment because one of his longest friends for 50 years was like hey I just got an apartment at this place down the road you should come you should join us there and he was like absolutely hell yeah literally called our whole family was like I'm moving and I was like what
38:30
[SPEAKER_00]: No, we're going to be seven.
38:31
[SPEAKER_02]: We're going to find a mid-century motel.
38:34
[SPEAKER_00]: But the, well, the goal for him here was community.
38:37
[SPEAKER_00]: Yeah.
38:38
[SPEAKER_00]: Right.
38:38
[SPEAKER_00]: Where he went had, it was, it was like, one of those communities that had live on your own, but they're still around.
38:46
[SPEAKER_00]: get partial help and then eventually get full help.
38:49
[SPEAKER_00]: So I have three different facilities in one place.
38:52
[SPEAKER_00]: And so he moved into that I can do everything by myself part of the community and would walk down the hall and go play pool every night with the guys.
38:59
[SPEAKER_00]: You know, and he did this for many, many years and the belonging that communal element, that changed the game for him because he was sitting alone in a house before.
39:07
[SPEAKER_02]: Yeah.
39:08
[SPEAKER_00]: And he was like, this sucks.
39:09
[SPEAKER_00]: I got to get out of here.
39:10
[SPEAKER_02]: Well, I like our compound idea.
39:12
[SPEAKER_02]: It's a little cool to eat, but not too much.
39:15
[SPEAKER_02]: And I only want the people that we want to be around on this.
39:19
[SPEAKER_02]: Like I like what your grandfather did for himself is really great, but there's also a bunch of people involved that I didn't like, you don't get to chat.
39:26
[SPEAKER_00]: Yeah, no, that's true.
39:27
[SPEAKER_00]: So this is like, this is like, love, late in life.
39:29
[SPEAKER_00]: Two, you know, so there's no really didn't know.
39:31
[SPEAKER_02]: He would just best like, it's fine.
39:32
[SPEAKER_02]: I'm saying it's not ours.
39:34
[SPEAKER_02]: And that leads in to part of my feet.
39:36
[SPEAKER_02]: Action.
39:36
[SPEAKER_02]: I'm going to talk about, which is like, it's critical that this is a shared vision.
39:40
[SPEAKER_00]: Yeah.
39:41
[SPEAKER_02]: So you had a creative vision, the shared vision.
39:43
[SPEAKER_02]: I understand that I'm telling Brad about this vision a lot.
39:45
[SPEAKER_02]: Don't worry.
39:46
[SPEAKER_02]: I know what he likes.
39:47
[SPEAKER_00]: I'm very important.
39:48
[SPEAKER_00]: I love me some tequila.
39:49
[SPEAKER_00]: So I'll sign me up.
39:50
[SPEAKER_02]: I just think we have our great friends.
39:52
[SPEAKER_02]: We have a bunch of links in our life.
39:53
[SPEAKER_02]: Offer, we get all the links together, dual income, no children, all the links together.
39:58
[SPEAKER_02]: We can have a cool kick-ass compound with, first of all, just the red light therapy alone.
40:04
[SPEAKER_02]: We're like, already golden.
40:06
[SPEAKER_02]: So I'm just so in on this, but it gets, the back to what Greg said to do.
40:10
[SPEAKER_02]: Greg said, pretty vision.
40:11
[SPEAKER_02]: It's critical that it becomes a shared vision.
40:14
[SPEAKER_02]: And he actually said that research shows approximately 40% of couples do not even discuss retirement savings, which is bad.
40:19
[SPEAKER_02]: Like, well, no wonder so many two of horses happen.
40:22
[SPEAKER_02]: People just don't talk about shit.
40:24
[SPEAKER_02]: Like, what is happening?
40:25
[SPEAKER_01]: Yeah.
40:25
[SPEAKER_02]: You're going to start talking about your goals, engage a professional like Greg, to help you see how you can line your financial wherewithal with those visions.
40:33
[SPEAKER_02]: Probably Greg, because he's the only person who studied this.
40:35
[SPEAKER_02]: He's the only everyone else who wants to know what your fucking number is.
40:38
[SPEAKER_02]: He cares about what you want to do.
40:39
[SPEAKER_02]: And then he said,
40:42
[SPEAKER_02]: He wanted to think differently.
40:43
[SPEAKER_02]: He wanted to think about being your best self at this stage, not being someone who's decided to just as it's just time for you to leave.
40:48
[SPEAKER_02]: He wants you to like really think about who your best self isn't and and take ownership of that because you're kind of a badass.
40:53
[SPEAKER_02]: Like people don't realize like you have so much knowledge that is acquired from the time you've spent so on that.
41:00
[SPEAKER_02]: And he said his words, you have more value to offer a lot of people than you think.
41:04
[SPEAKER_02]: And I think that's true there's like so many different ways you can her pair like you can be a big brother or a friend or you know a leader of some kind and some capacity with all the knowledge you have you can you can support people around you who need it so there's just so much more you've 20 bonus years plus you know the way things are going we'll see how.
41:26
[SPEAKER_02]: We'll see how this age is my February considering they're trying to get rid of the nursing degrees and stuff like that in July.
41:33
[SPEAKER_02]: So we'll see, but I'm just saying there's a lot you can do.
41:36
[SPEAKER_02]: And I just really want people, I want people to have all the information.
41:39
[SPEAKER_02]: I don't, I don't like that some people have to work until they're 80 or because they either cause they need the money or because they don't know what to do other than that.
41:49
[SPEAKER_02]: Like that makes me sad.
41:51
[SPEAKER_02]: both of those.
41:52
[SPEAKER_02]: So hopefully this helps you.
41:54
[SPEAKER_02]: I'm Leslie Logan.
41:55
[SPEAKER_00]: And I'm Brad Crawl.
41:56
[SPEAKER_02]: Thanks so much for listening.
41:57
[SPEAKER_02]: How are you gonna retire?
41:58
[SPEAKER_02]: We want to know with that vision.
41:59
[SPEAKER_02]: What's your retirement persona?
42:00
[SPEAKER_00]: Yeah.
42:01
[SPEAKER_02]: Tell Greg, tell the be a pod, and until next time, be it takes you yet.
42:04
[SPEAKER_00]: Bye for now.
42:06
[SPEAKER_02]: That's all I got for this episode of the Beat Tell You See at Podcasts, one thing that would help both myself and future listeners is for you to rate the show and leave a review.
42:14
[SPEAKER_02]: And follow or subscribe for free wherever you listen to your podcasts.
42:18
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42:22
[SPEAKER_02]: I would love to know more about you, share this episode with whoever you think needs to hear it.
42:27
[SPEAKER_02]: Help us and others Beat Tell You See it.
42:30
[SPEAKER_02]: Have an awesome day.
42:33
[SPEAKER_02]: Be it till you see it is a production of the blue pod cast network.
42:36
[SPEAKER_02]: If you want to leave us a message or a question that we might read on another episode, you can text us at plus one three one oh nine oh five five three four or send a DM on Instagram at be it pod.
42:48
[SPEAKER_00]: It's written, filmed, and recorded by your host, Leslie Logan, and me, Brad Crowell.
42:53
[SPEAKER_02]: It is transcribed, produced, and edited by the epic team at Desenio.co.
42:58
[SPEAKER_00]: Our theme music is by Ellie at Apex production music, and our branding by designer and artist John Franco Chilfe.
43:05
[SPEAKER_02]: Special thanks to Melissa Solomon for creating our visuals.
43:08
[SPEAKER_00]: Also, to Angelina Herico for adding all of our content to our website.
43:12
[SPEAKER_00]: And finally, the Meredith route for keeping us all on point and on time.