Latest / WCHS Network Podcasts / 09/29/2025 Retire Right Radio with John Burdette

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09/29/2025 Retire Right Radio with John Burdette · WCHS Network Podcasts

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Speaker 1: Unlock your dream property with Meeks Realty Group, where Rich
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Speaker 2: The views and opinions expressed on this program do not
0:18
Speaker 2: necessarily reflect the views and opinions of five eight WCCHS
0:22
Speaker 2: its employees or WVRC Media. This is retire Right Radio,
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Speaker 2: a weekly show from John Verdett at Fourth Avenue Financial
0:31
Speaker 2: that aims to answer your questions about financial planning, investing,
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Speaker 2: and how to retire right. Fourth Avenue Financial is located
0:38
Speaker 2: in downtown Charleston at one seventy Court Street. More information
0:42
Speaker 2: online at Fourth Avenue Financial dot com. Join the conversation
0:46
Speaker 2: by calling three oh four three four five fifty eight
0:49
Speaker 2: fifty eight or text three oh four nine three five
0:52
Speaker 2: fifty oh eight. On retire Right Radio, let's go live
0:57
Speaker 2: to the studio with host Dale Cooper and John Verdett
0:59
Speaker 2: from fourth Have any Financial Children?
1:01
Speaker 3: Now twenty one minutes past eight o'clock. You are listening
1:05
Speaker 3: to retire Right Radio on a Monday morning. It is
1:08
Speaker 3: a really nice morning out there. It's not one of
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Speaker 3: those like super blue sky Sunday mornings or something like that.
1:12
Speaker 3: It's just a nice, sort of a homeostasis temperature out
1:15
Speaker 3: I don't know. It's probably somewhere in the upper sixties
1:18
Speaker 3: or something right now. I haven't checked. A little overcast,
1:20
Speaker 3: but not rainy. It's just kind of a nice morning, Joumber,
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Speaker 3: that's with me in studio. Ho you doing this morning, John,
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Speaker 3: I'm doing wonderful. I like these mornings, these addumn mornings
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Speaker 3: where it's, uh, you know, there's no real weather thing,
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Speaker 3: but it's just comfortable outside. You know, it's not human,
1:31
Speaker 3: it's not hot, it's not cold. It's just like nice
1:33
Speaker 3: it is. I think it's gonna heat up a little bit,
1:35
Speaker 3: it is. Yeah, right now it's nice. It's gonna be
1:37
Speaker 3: hot by it by the midnight today.
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Speaker 4: Yeah, this is the peak heat of the week and
1:40
Speaker 4: then then.
1:41
Speaker 3: It's mellows out a little bit. Yes, it's that time
1:43
Speaker 3: of year, you know, it's that time of year. We're
1:45
Speaker 3: not even in October. We're still not in October. I mean,
1:47
Speaker 3: everybody's been to talk like I feel like Thanksgiving is
1:50
Speaker 3: right around the corner because everybody's been in spooky season
1:52
Speaker 3: for like a month already. It's like we're so messed
1:55
Speaker 3: up with how we celebrate our holidays. I feel like
1:57
Speaker 3: we celebrate them way too early. Yeah.
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Speaker 4: Well, I was talking last night with my wife, is like,
2:02
Speaker 4: we were out at Sam's Club. It's like, wonder how
2:04
Speaker 4: many trick or treaters we're gonna get at the new house.
2:06
Speaker 4: That's a good question, right, Yeah, you know, do I
2:09
Speaker 4: go with Can I go with the full sized candy bars?
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Speaker 4: Or do I have to go with the little nick name?
2:13
Speaker 3: If you want to be popular, If you want to
2:14
Speaker 3: be popular, you get to like the the bigger ones,
2:17
Speaker 3: then you'll be very popular. People will want to come
2:19
Speaker 3: back to your house all the time. You know, you
2:20
Speaker 3: get the ones now, you know. I don't think you
2:22
Speaker 3: have to get the real full sized ones to be
2:24
Speaker 3: popular because those are that's a little overkill, you know,
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Speaker 3: And frankly, as a parent, I'd be like, what you're
2:27
Speaker 3: trying to do to my kid? I mean, that's a
2:28
Speaker 3: lot of candy, But they're like the ones that aren't
2:31
Speaker 3: the tiny, tiny minis, like the ones that are kind
2:32
Speaker 3: of in the middle. Those are the sweet spot. I
2:34
Speaker 3: think those are pretty good. As a matter of fact,
2:36
Speaker 3: I got a bag of twigs at my house right
2:37
Speaker 3: now that are that's not for trick or treaters. It's
2:39
Speaker 3: for me because they're just like the little single, little
2:42
Speaker 3: single twigs, you know, Like.
2:43
Speaker 4: I always use that to teach my kids about taxes,
2:47
Speaker 4: Like there was always a recy cup tax when I
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Speaker 4: got back from the from trick or treating.
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Speaker 3: I like that one. My daughter is well aware of
2:54
Speaker 3: the daddy tacks when it comes to peanut butter sandwich especially,
2:57
Speaker 3: doesn't like the crust, So I just take the crust
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Speaker 3: off of them and I eat that that he talks.
3:03
Speaker 3: Not that that's not a great conversation. But if you
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Speaker 3: have any questions about how you can retire right if
3:06
Speaker 3: you have any questions about your financial solvency into the future,
3:10
Speaker 3: you know things are wild right now. If you're listening
3:12
Speaker 3: to the headlines all the time, good news is is
3:14
Speaker 3: the market nor your retirement is based on the headlines,
3:18
Speaker 3: And so you can give us a call this morning
3:19
Speaker 3: if you have any questions about those things. Threes are
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Speaker 3: a fourth three four five fifty eight fifty eight three
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Speaker 3: four five fifty eight fifty You can read along. If
3:24
Speaker 3: you'd like to find out more about Fourth Avenue Financial online,
3:27
Speaker 3: spell out the whole thing and put a dot com
3:28
Speaker 3: behind it, Fourth Avenue Financial dot com, and you can
3:31
Speaker 3: find out about Fourth Avenue Financial. Do that same search
3:33
Speaker 3: on Facebook. You can like the page there and find
3:35
Speaker 3: out even more information. We are on air every Monday
3:38
Speaker 3: morning at about eight twenty right here on five eight
3:40
Speaker 3: WCHS with retire Rate Radio. So looking back, it's kind
3:44
Speaker 3: of things that we've got, man, especially since COVID, We've
3:47
Speaker 3: gone through a lot of weird stuff talking about on
3:49
Speaker 3: this show, as far as what the indices are, what
3:54
Speaker 3: the indicators are, what they should be, how they invert sometimes,
3:57
Speaker 3: and things like that. You know, it's interesting from from
4:00
Speaker 3: a intellectual standpoint to follow along, but if you're trying
4:04
Speaker 3: to make heads or tails of it as a lay person,
4:06
Speaker 3: it can be kind of confusing.
4:08
Speaker 4: Well, it can't be, and like you said, there are
4:10
Speaker 4: so many conflicting things. You think one thing, oh, that
4:15
Speaker 4: must be good, but it turns out being bad for
4:17
Speaker 4: the market. And you know, because one thing spills over
4:20
Speaker 4: to the next, and one thing affects another thing, and
4:23
Speaker 4: and when you get right down to it, you know,
4:26
Speaker 4: when you. Maybe you've been on YouTube, maybe you've been
4:29
Speaker 4: on the Internet, and somebody is saying, I know what's
4:32
Speaker 4: going to happen. You know, be very very careful because
4:36
Speaker 4: nobody knows what's going to happen from one day to
4:38
Speaker 4: the next. There are too many moving parts within the market.
4:41
Speaker 4: The market is made up of millions of people making
4:44
Speaker 4: decisions every single day, and that and the conglomerate of
4:48
Speaker 4: those decisions is what happens into the market. You know,
4:51
Speaker 4: it's a it's a market of buyers and sellers. If
4:54
Speaker 4: you're buying, somebody selling and vice versa, and the people
4:58
Speaker 4: that you're buying from, you know, they do think that
5:03
Speaker 4: either the market is going to go down or they
5:04
Speaker 4: have a better opportunity to put their capital. And you're
5:08
Speaker 4: buying something thinking that's a great deal, and the person
5:11
Speaker 4: selling it to you think you're wrong. That's just the
5:13
Speaker 4: nature of it. It is an uncertainty. But what is
5:17
Speaker 4: certain is the fact that you know, companies are out
5:20
Speaker 4: there trying to earn money, trying to serve their customers,
5:23
Speaker 4: trying to innovate, and over time they tend to be
5:27
Speaker 4: able to do that. And that's what you have to
5:29
Speaker 4: believe that you have to believe in that process and
5:31
Speaker 4: almost step away from that day to day news and minutia.
5:35
Speaker 4: I mean, it's one thing if you were a trader
5:38
Speaker 4: on the street and your job was to do that,
5:40
Speaker 4: but you know, most folks, you know, you're just trying to,
5:44
Speaker 4: you know, go do your job and save a little
5:46
Speaker 4: bit for retirement or other goals that you might have,
5:50
Speaker 4: and you know you don't need to, You don't need
5:54
Speaker 4: to wade into that. Quite often, if you do, it
6:01
Speaker 4: creates confusion and emotional decision making things of that nature.
6:06
Speaker 3: I had kind of epiphany this weekend because I tend
6:08
Speaker 3: to like I like to read about stuff that's basically
6:12
Speaker 3: beyond my baseline knowledge and stuff. You know, I read
6:15
Speaker 3: this all the time, and frankly, with signs and things
6:17
Speaker 3: like that, it doesn't it doesn't really hurt anything to
6:19
Speaker 3: try to learn and to apply that to whatever you're doing.
6:22
Speaker 3: You know, I've been reading, I've been lay reading popular
6:24
Speaker 3: science stuff for decades now, and that's just one of
6:26
Speaker 3: the hobbies that I have. But one of the things
6:28
Speaker 3: that struck me because I got into a particular thread
6:30
Speaker 3: where people arguing around a very sticky but kind of
6:34
Speaker 3: a nuanced point, like I could kind of see both
6:36
Speaker 3: sides of things as I was going down through it,
6:38
Speaker 3: and suddenly I just realized all these people arguing about
6:41
Speaker 3: this really nuanced, this really nuanced interpretation of a of
6:46
Speaker 3: like a law, and I realized that none of these
6:49
Speaker 3: people were actually experts on it. All of these people
6:51
Speaker 3: were just googling something, and they were finding something, probably
6:55
Speaker 3: to confirm their bias. Like they were searching like why
6:58
Speaker 3: is this right? And instead of steel manning there are
7:00
Speaker 3: or whatever trying to look for reasons it's wrong and
7:01
Speaker 3: seeing if they still felt the same way. You know,
7:03
Speaker 3: they're just looking for confirmation, bias and everything that they're
7:05
Speaker 3: looking for. And it got me to thinking, like, in
7:08
Speaker 3: context of what you do, because so much, unfortunately of
7:11
Speaker 3: the quote unquote market has been captured by the political
7:14
Speaker 3: talk that we have when those things should be frankly separate,
7:16
Speaker 3: you know. I mean it doesn't I mean, one affects
7:19
Speaker 3: the other for sure, but it doesn't drive the pocketbook necessarily.
7:23
Speaker 3: All of these little lay experts that we have. I
7:25
Speaker 3: think it makes people create a fictional world that they're
7:29
Speaker 3: living in that they think that they can c that
7:31
Speaker 3: they know how to. Like now, I know how this works,
7:34
Speaker 3: and I can make these changes, and I can control
7:36
Speaker 3: how my money's going to work. And I have the
7:38
Speaker 3: secret sauce now because I read a couple of papers
7:40
Speaker 3: and only I have the true understanding of this. You
7:42
Speaker 3: can really get yourself upside down into some trouble if
7:45
Speaker 3: suddenly you read a couple of things and you think
7:47
Speaker 3: that you're like the expert on it.
7:48
Speaker 4: Well, and there again with the internet and social media,
7:51
Speaker 4: the problem is once you read something, you keep getting
7:55
Speaker 4: fed the same thing.
7:56
Speaker 3: Yeah, and now it's automatic. You don't even have to
7:57
Speaker 3: look for your biases. They just feed you your biases right.
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Speaker 4: Right, and actually read an article, Uh well, it's actually
8:06
Speaker 4: last night about the loss of uh literacy. Oh yeah, yeah,
8:13
Speaker 4: I know, because people don't read anymore. They don't read,
8:17
Speaker 4: and and you know, reading is a whole lot different
8:19
Speaker 4: than just watching something or watching a short clip on
8:22
Speaker 4: social media. You know, reading First of all, the writer
8:25
Speaker 4: that's writing it has to hash out his ideas, has
8:28
Speaker 4: to support his ideas. You know, he has gone through
8:32
Speaker 4: a process. He or she has gone through a process
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Speaker 4: to to write that down, hash it out, support it
8:39
Speaker 4: so that when other people read it, you know, he
8:42
Speaker 4: he is uh here or she is making a point
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Speaker 4: that is well thought out, and then the reader can
8:49
Speaker 4: get that and and it's a slower process. You're you're
8:54
Speaker 4: putting it through your mind. You're you're fact checking it
8:57
Speaker 4: with your own uh mind, you know, critical thinking and
9:03
Speaker 4: this you know flash social media stuff really is has
9:07
Speaker 4: I think done damage to that whole process. And and
9:11
Speaker 4: you know, certainly we're all uh you know, subject to
9:15
Speaker 4: be put under that spell, but particularly younger folks I
9:18
Speaker 4: think who grew up with it. The attention spans are
9:23
Speaker 4: are short.
9:24
Speaker 5: You know.
9:25
Speaker 4: It used to be that, you know, the only thing
9:28
Speaker 4: besides a book that would demand your tom you know,
9:30
Speaker 4: maybe maybe a movie and a movie theater, right, and
9:35
Speaker 4: that was an event that you went to and escaped
9:38
Speaker 4: for a little while. Now it's just constant.
9:41
Speaker 3: There are people that I could get on this box forever,
9:44
Speaker 3: so we didn't. If you have your questions about finances,
9:46
Speaker 3: please give us a call. Just very briefly. The one
9:48
Speaker 3: thing that I that I've noticed is we're losing. After
9:52
Speaker 3: reading some stuff about the the alarming amount of bad
9:55
Speaker 3: history stuff that's on YouTube, I did a little because
9:57
Speaker 3: I'm always looking for stuff for my daughter. She's a homeschool,
9:59
Speaker 3: and I always look at these type of things, and
10:01
Speaker 3: so I went to some really popular accounts and suddenly
10:03
Speaker 3: this has just happened in the last couple of years.
10:05
Speaker 3: This wasn't the case a couple of years ago. When
10:07
Speaker 3: you look for certain types of lessons or anything along
10:10
Speaker 3: those lines, they're just way more likely to be AI generated.
10:13
Speaker 3: Now you'll have a quote unquote history lesson that'll be
10:16
Speaker 3: like twenty minutes long, AI generated, and it just paints
10:19
Speaker 3: by the numbers man. There's like no depth to the knowledge.
10:23
Speaker 3: There's no contextual information, there's no chain of knowledges like
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Speaker 3: this happened because this led to it, because this led
10:28
Speaker 3: to it, because there's none of that stuff at all.
10:31
Speaker 3: So what you're happening, even with people that are trying
10:32
Speaker 3: to learn, they're learning isolated information that has no historical
10:36
Speaker 3: context to it. There's no depth to the knowledge at all.
10:39
Speaker 3: And it is alarming how bad that people people misrepresent
10:43
Speaker 3: things now that happen in my lifetime to such an
10:45
Speaker 3: alarming degree. I mean, it's a little frightening when people
10:49
Speaker 3: are confidently wrong about things that are verifiably untrue. That's
10:54
Speaker 3: a scary place to be in, right, now and there's
10:56
Speaker 3: a lot of that going on.
10:57
Speaker 4: Yeah, no doubt about it. So certainly that affects our
11:02
Speaker 4: entire lives, but even our financial lives.
11:03
Speaker 3: Yeah, that's the thing you have to be careful about, right.
11:06
Speaker 3: I know people that have made decisions off of just
11:09
Speaker 3: made up information about their financial future, and it has
11:12
Speaker 3: shocked me that I'm like, you don't know that that's fake,
11:16
Speaker 3: you know, I mean, it's very dangerous. So you have
11:19
Speaker 3: to be careful about those things. But the thing that
11:24
Speaker 3: I loved to highlight, and the thing that I think
11:27
Speaker 3: is it's perfect about the type of business that you do,
11:29
Speaker 3: is it really should be one of those things where
11:31
Speaker 3: the client works with you to achieve a goal and
11:34
Speaker 3: that allows them to create a barrier between all of
11:37
Speaker 3: this other stuff that goes on and controlling for their future.
11:40
Speaker 3: Because really, I know that you might be into your politics,
11:42
Speaker 3: you might be into all these things, and that's fine
11:43
Speaker 3: to have that as a hobby or whatever it else,
11:46
Speaker 3: But your retirement is a real life thing and something
11:49
Speaker 3: that you can't go back and say, oh, my fault,
11:51
Speaker 3: it's screwed up on that, or oh maybe I was
11:52
Speaker 3: a little bit over my skis on that, or maybe
11:54
Speaker 3: I'm misunderstood. It's not worth it for you. Have a
11:57
Speaker 3: professional help you, and then you can do whatever you
11:59
Speaker 3: want to in your personal life.
12:01
Speaker 4: Right, and you have to retire no matter who the
12:04
Speaker 4: president is, no matter who Congress is. There will be
12:07
Speaker 4: changes all along that trip to retirement, that path to
12:12
Speaker 4: retirement in politics. But yet you still have that goal.
12:16
Speaker 4: So you have to stay focused on your personal goal. Otherwise,
12:21
Speaker 4: you know, what are you doing If you change your
12:23
Speaker 4: portfolio and change your plan every time there's an election,
12:27
Speaker 4: You're giving power to somebody else. You're you're seating your
12:34
Speaker 4: ability to achieve your own goal to somebody else. And
12:37
Speaker 4: that's uh, that's not something I'd be into.
12:41
Speaker 3: In some ways, it makes you more manipulated, manipulate a
12:45
Speaker 3: bull in the future as well. Once you start reacting
12:48
Speaker 3: that way, once you almost have no choice but to
12:50
Speaker 3: continue doing that or else why did I do it before?
12:52
Speaker 3: If if if it wasn't true, why did I do it?
12:54
Speaker 3: You know? I mean, so it's like a sunken cost fallacy.
12:58
Speaker 3: You know, if you doubt into this, this this ideal
13:00
Speaker 3: one time, you have to keep going or else I
13:02
Speaker 3: was wrong all these other times. I mean, that's really
13:05
Speaker 3: could get tricky to get into when you start really
13:07
Speaker 3: holding things over like that, and.
13:09
Speaker 4: Then the show turns into a psychology show actor.
13:12
Speaker 3: Which I mean honestly, I mean there is a lot
13:14
Speaker 3: of that too what you have to do, but from
13:16
Speaker 3: a very a very gentle on ramping at the very
13:20
Speaker 3: beginning of when you talk to someone, you have to
13:21
Speaker 3: know what their risk assessments and things like that are.
13:24
Speaker 3: I shared this is what I wanted to bring up
13:26
Speaker 3: to you this morning. I shared in between shows over
13:28
Speaker 3: this past week, a couple of photos with you from
13:31
Speaker 3: my daughter. We we bought a we were gifted a
13:33
Speaker 3: lot of books, and we were we bought a lot
13:35
Speaker 3: of books for her in in uh hopes that she
13:39
Speaker 3: would be a big reader and when and when uh
13:41
Speaker 3: it would age into him. And she has. She loves
13:43
Speaker 3: to read. She'll pick up a book and read. She's
13:45
Speaker 3: into her her Kendle now and so I can get
13:48
Speaker 3: her books on Kendle. And you know, sometimes I'll look
13:50
Speaker 3: over to you, He's like, what what you're watching, honey,
13:51
Speaker 3: You're watching something during her downtime. She's like, no, just
13:53
Speaker 3: reading a book. Love it, man, I absolutely love it
13:56
Speaker 3: that she's that she's into that stuff, But you really
13:59
Speaker 3: have to. You have to have some sort of a
14:04
Speaker 3: I forgot what they point out? What's going for there? Actually?
14:06
Speaker 3: So we can move forward from that. Hey, what happens
14:09
Speaker 3: on a Monday morning? There's the morning's about debt? He
14:11
Speaker 3: gives a call this morning three zero four three four
14:12
Speaker 3: five fifty eight fifty eight. If you'd like to get
14:14
Speaker 3: in on the conversation, threes are a four three four
14:16
Speaker 3: five fifty eight fifty eight. You can also text threes
14:18
Speaker 3: are four non three five five zers or I haven't
14:19
Speaker 3: checked the text line this morning. We double check that
14:21
Speaker 3: real quick. See if anybody's come in with anything. Oh, yeah,
14:23
Speaker 3: we do have a question. Good thing I checked. Thank
14:26
Speaker 3: you for texting in for the threes are a four
14:27
Speaker 3: non non three getting us back on topic this morning.
14:29
Speaker 3: Thank you so much. Let's see. Okay, there's a multiple
14:34
Speaker 3: steps to this, so bear with me here a little bit.
14:36
Speaker 3: Good morning, Dell and John. When we speak personal finance,
14:39
Speaker 3: if a person has an income of around one hundred
14:40
Speaker 3: thousand dollars with a mortgage, car payment and two million
14:43
Speaker 3: in credit and credit card debt, we know, unless there
14:46
Speaker 3: is a miracle, they will probably die broke. Our country
14:49
Speaker 3: is thirty trillion dollars in debt. Is it not the
14:52
Speaker 3: exact same scenario? Is it possible to get out of
14:54
Speaker 3: this situation? Thanks? And I love the show. I'll wake
14:56
Speaker 3: up every morning and wait to listen. Thanks U. I
15:00
Speaker 3: have a second one here too, it's a little bit earlier,
15:03
Speaker 3: but we can address that one. We can address that
15:04
Speaker 3: one first.
15:05
Speaker 4: Yeah, I think that certainly it is not good for
15:11
Speaker 4: the country to have the debt, and you know, interest
15:16
Speaker 4: is accruing on that debt and has to be paid
15:19
Speaker 4: and serviced on that debt, which takes away from the
15:23
Speaker 4: other things that the government could fund. For sure, But
15:27
Speaker 4: it is a little different than an individual going into debt.
15:32
Speaker 4: When you think about the government, you know, the government
15:36
Speaker 4: doesn't really produce anything. The people produce something. And when
15:40
Speaker 4: the government goes into debt, what do they do They
15:42
Speaker 4: sell a bond. And if they sell a bond, what
15:46
Speaker 4: also has to be true somebody has to have already
15:50
Speaker 4: been productive and created that money that they are exchanging
15:57
Speaker 4: for that bond. So one, it's not really if you
16:03
Speaker 4: think about it, it's not really deficit spending. It's just
16:07
Speaker 4: us as a society has allowed the government to allocate
16:12
Speaker 4: more of our productivity.
16:15
Speaker 3: I see, okay, it's an interesting way to put it.
16:17
Speaker 3: Never thought of it like that.
16:18
Speaker 4: And so largely the vast majority of that debt is
16:22
Speaker 4: owned by all of us that are listening. It's owned
16:27
Speaker 4: in our for one case, it's owned that the banks
16:30
Speaker 4: that we have our money in. It's it's you know,
16:33
Speaker 4: those bonds are largely owned by the United States. You
16:37
Speaker 4: hear a lot of things about well, China owns US
16:40
Speaker 4: and China not. That's really not the case. That those
16:43
Speaker 4: are very small percentages. Really, I mean, you know, trillion
16:48
Speaker 4: dollars or so I think is roughly what China owns
16:52
Speaker 4: of our bonds. That, to be honest with you, I
16:57
Speaker 4: mean we created and printed twice the amount of money
17:01
Speaker 4: during COVID. You know, that kind of puts into perspective,
17:05
Speaker 4: you know, and amount to somebody that owns of you, right,
17:10
Speaker 4: that's right, and and and not only that, we own
17:14
Speaker 4: other people's bonds. You know, it's not just a one
17:16
Speaker 4: way streak. So you know, the the deficit is is
17:24
Speaker 4: I think a negative, but it's probably not a negative
17:27
Speaker 4: in the way most folks think about it because they're
17:29
Speaker 4: thinking of it how it would be if it were
17:31
Speaker 4: an individual.
17:32
Speaker 3: Right.
17:33
Speaker 4: That's why it can go on longer than people think
17:35
Speaker 4: it should, because it is not the same thing an
17:38
Speaker 4: individual by now would probably be struggling with their debtload.
17:42
Speaker 2: Right.
17:42
Speaker 3: And I also see like people conflate deficit and and uh,
17:49
Speaker 3: what what it means, like exactly how how it translates
17:52
Speaker 3: and exactly what deficits meaning, Just like how you explained.
17:54
Speaker 3: I think that sometimes that we we And again, like
17:59
Speaker 3: what was that move the American president? Did you you
18:01
Speaker 3: remember seeing that? I think I.
18:03
Speaker 4: Saw it a long time.
18:04
Speaker 3: It was about a guy, if I remember correctly, a
18:06
Speaker 3: guy that looked like the president got to like you
18:09
Speaker 3: got like brought in to like pretend to be the president,
18:11
Speaker 3: and he was just like a regular old guy or whatever.
18:13
Speaker 3: And so he ended up balancing the budget just by
18:16
Speaker 3: calling his accountant and they worked for like all weekend,
18:18
Speaker 3: and like, we have balanced the budget. You know, it's
18:20
Speaker 3: like you would love to think that. Actually it's it's
18:23
Speaker 3: you know, it's all the red tape that gets in
18:25
Speaker 3: the way, and we could do this, we just had
18:27
Speaker 3: the will. It's not really that easy. I mean, the.
18:29
Speaker 4: Reality is the government is the way it is because
18:31
Speaker 4: the people have allowed it to be that way.
18:33
Speaker 3: What a great point that is, Right, we're kind of
18:35
Speaker 3: ultimately responsible this stuff.
18:37
Speaker 4: But we're also paying the load, you know, we're paying
18:39
Speaker 4: for it.
18:40
Speaker 3: True enough, let's say we have another question here that's
18:43
Speaker 3: coming on the text line this morning. Good morning, guys.
18:45
Speaker 3: I retired in January. I have a I have started
18:47
Speaker 3: a small business and it's doing very well. But I'm
18:50
Speaker 3: working for my basement and the business is taking over
18:52
Speaker 3: my home. I currently rent a storage building from one
18:54
Speaker 3: hundred and seventy five dollars per month. I found a
18:56
Speaker 3: warehouse space with an office for sixty five thousand dollars.
19:00
Speaker 3: I have a pension and about five hundred thousand dollars
19:03
Speaker 3: in cash stock in a four to one K, would
19:05
Speaker 3: you consider it foolish to purchase this property and put
19:07
Speaker 3: around thirty thousand dollars as a down payment? Thank you
19:10
Speaker 3: so much.
19:12
Speaker 4: Well, there are a lot of details there that I'm
19:14
Speaker 4: not going to know. But you know, the best time
19:18
Speaker 4: to invest in your business is when you have to, right,
19:22
Speaker 4: you know, don't don't spend a lot of that precious
19:26
Speaker 4: capital until you know you need to. And if you're
19:30
Speaker 4: busting at the seams, that tells you I think that,
19:33
Speaker 4: you know, you tell me, it would be a signal
19:35
Speaker 4: for for sure to say, hey, I've got to take
19:38
Speaker 4: this to the next step and incrementally invest in that business.
19:42
Speaker 4: So I can't really say for sure what this person
19:45
Speaker 4: should do, but it sounds like something's going well.
19:50
Speaker 3: However, if you need some guidance, you can find that
19:52
Speaker 3: from Fourth Avenue Financial. You can look them up one
19:54
Speaker 3: line at Fourth Avenue Financial dot com. You can give
19:56
Speaker 3: them a call. It's three zeror four seven, four six
19:58
Speaker 3: seven nine seven seven. Threes are A four seven or
20:00
Speaker 3: six seven non seven seven. You're welcome to give John
20:02
Speaker 3: a call to maybe get a little bit more into
20:04
Speaker 3: the details of those things, to see what's going to
20:06
Speaker 3: work for you. Let's go out and do this. Let's
20:08
Speaker 3: take our break. When we come back with sill have
20:09
Speaker 3: plenty more we're going to talk about. You can help
20:11
Speaker 3: control the conversation as well. I've given us a call
20:13
Speaker 3: once again that number three zer A four three four
20:14
Speaker 3: five fifty eight fifty eight three four five fifty to
20:16
Speaker 3: fifty eight. You can text threes are four non three
20:18
Speaker 3: five five zero zero eight. We'll be backraight after this.
20:21
Speaker 3: You're listening to a retire Right Radio with John bred
20:22
Speaker 3: Debt from Fourth Avenue Financial. I'm Dell Cooper. This is WCHS,
20:25
Speaker 3: the voice of Charleston.
20:26
Speaker 6: Retire Right Radio was sponsored by Fourth Avenue Financial, which
20:28
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20:31
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20:56
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21:08
Speaker 6: Burdett is not providing legal or tax advice. Nothing should
21:11
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21:17
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Speaker 5: This is retire RIGHTE Radio with John Burdett from Fourth
22:23
Speaker 5: Avenue Financial, taking your calls at three oh four three
22:27
Speaker 5: four five fifty eight fifty eight or texts on three
22:30
Speaker 5: oh four nine three five fifty oh eight.
22:42
Speaker 3: We had a spirited first portion of the program this morning.
22:49
Speaker 3: You're listening to Retire Right Radio on five EWCHS. The
22:51
Speaker 3: voice of Charleston, John Burdett is in studio with us
22:53
Speaker 3: this morning. You're welcome to give us a call or
22:55
Speaker 3: a text. We got a lot of texts this morning.
22:56
Speaker 3: You can join in as well at three zero four
22:58
Speaker 3: non three five fives y r zero eighth zero four
23:00
Speaker 3: nine three five five zeros or eight and give us
23:01
Speaker 3: a call until we get off the air. Three zero
23:03
Speaker 3: four three four five fifty eight fifty eight. Three zero
23:05
Speaker 3: four three four five fifty eight fifty eight. Probably if
23:08
Speaker 3: you give us a call in it does go into
23:09
Speaker 3: an auto Q, so you'll go in the air and
23:11
Speaker 3: just be prepared to give your name when you bring
23:13
Speaker 3: you up when we bring you on the air, and
23:15
Speaker 3: we can proceed from there. Three zero four three four
23:17
Speaker 3: five fifty eight fifty eight. Three zero four three four
23:19
Speaker 3: five fifty eight fifty eight and so it's important for folks,
23:22
Speaker 3: you know, and we have people And this is an
23:24
Speaker 3: interesting thing too, because you've talked about this on your
23:27
Speaker 3: program before. To retire right, doesn't mean that that's the
23:32
Speaker 3: end of your investing life. You may retire and still
23:35
Speaker 3: need to tap into your investments. Make sure because just
23:38
Speaker 3: like our caller or our texture that we had last hour,
23:40
Speaker 3: he's now running a business in his retirement, which means
23:43
Speaker 3: that you still are in an active situation where you
23:45
Speaker 3: need to make sure you're managing your money right.
23:47
Speaker 4: Right, no doubt about it. I mean, retirement is certainly
23:51
Speaker 4: a goal. But you know, just because you reach retirement
23:54
Speaker 4: or have the money to retire, doesn't necessarily mean you
23:57
Speaker 4: want to retire, but you have they to if.
24:01
Speaker 3: You choose to.
24:03
Speaker 4: That money gives you an option. That portfolio gives you
24:06
Speaker 4: the option to live more the way you want to live.
24:09
Speaker 4: As we've talked before about, you know, what wealth really
24:13
Speaker 4: is the ability to serve someone. You know, when we're
24:16
Speaker 4: working in our working gears, we're serving people and we
24:20
Speaker 4: generate our dollar bills from that. When we invest, what
24:24
Speaker 4: are we doing. We're investing in companies that serve people,
24:28
Speaker 4: provide products, services, and goods things of that nature, so
24:32
Speaker 4: that if you own enough of that one day, you
24:35
Speaker 4: don't have to serve anymore. You know, when you break
24:39
Speaker 4: it down that way, you know you have the option
24:41
Speaker 4: of not actually doing the physical labor anymore because you
24:44
Speaker 4: own the entities that are doing the service, and that
24:48
Speaker 4: keeps you current with whatever the value of the dollar
24:53
Speaker 4: is and all of those things, because those are actively
24:57
Speaker 4: serving entities that you own. You know a lot of
24:59
Speaker 4: time if you retire, and you might say, oh, I
25:04
Speaker 4: need fifty thousand a year to live comfortably. I've got
25:07
Speaker 4: my Social Security, I've got a little bit of money
25:10
Speaker 4: in the bank that I'm going to use to supplement,
25:14
Speaker 4: you know, ten years in If you don't grow that
25:16
Speaker 4: income stream, that fifty thousand won't buy as much, which
25:20
Speaker 4: also goes back to that deficit question, right right, yeah, right,
25:24
Speaker 4: And so if that fifty thousand do doesn't buy as much?
25:27
Speaker 4: Why as that? Because you're no longer actively keeping up
25:31
Speaker 4: with inflation as you do when you work, because you're
25:33
Speaker 4: wage tends to rise, and if you don't own enough
25:38
Speaker 4: companies that are out there serving, there's nothing there to
25:41
Speaker 4: get your money growing to keep up with that. And
25:44
Speaker 4: so it is. It is imperative if you are going
25:46
Speaker 4: to retire right, you have to think about things like that.
25:49
Speaker 4: You have to build a portfolio that meets those needs
25:52
Speaker 4: because those are needs. You'll need a growing income stream
25:55
Speaker 4: and retirement to deal with things like inflation. And it's
25:59
Speaker 4: un comfortable to deal with inflation the last few years
26:03
Speaker 4: for sure. You know, people have really noticed it. It's
26:07
Speaker 4: uncomfortable when you're working, but it's devastating when you're retired
26:12
Speaker 4: and don't have the assets that you need to keep
26:15
Speaker 4: up with it because you can't. You can't just you know,
26:19
Speaker 4: find a new job. You can't you can't you know,
26:21
Speaker 4: switch things around in your life as easily when you
26:24
Speaker 4: don't have that income stream coming in from work.
26:27
Speaker 3: Yeah, I think that, And I found as I'm getting older,
26:31
Speaker 3: there's there there just becomes like you find that your
26:35
Speaker 3: your toolbox is getting a little shorter. I mean, I mean, frankly,
26:37
Speaker 3: I mean as you get older, you know, you have
26:39
Speaker 3: less of that bend at the end of your life,
26:41
Speaker 3: you know, I mean you you frankly have to you know,
26:43
Speaker 3: tighten ship up a little bit more and make sure
26:45
Speaker 3: that you're doing things right because you have less uh
26:48
Speaker 3: time to correct course. You know, just like a ship.
26:51
Speaker 3: You know, it takes some time to to to change
26:53
Speaker 3: the rudder and for the steering to take place. You
26:55
Speaker 3: wait too long, it's a little bit difficult to do that.
26:56
Speaker 3: You got to make sure you have it right.
26:58
Speaker 4: Yeah, yeah, no doubt and uh and like you say,
27:01
Speaker 4: all those little hidden things you think you know, because
27:04
Speaker 4: a lot of times I'll get folks coming into the
27:06
Speaker 4: office and they say, well, I've done some some you know,
27:09
Speaker 4: basic planning and thinking about what they want to have,
27:13
Speaker 4: but quite often that inflation factor is what's missing in
27:19
Speaker 4: the portfolio. You know, a lot of people look at
27:21
Speaker 4: things as a straight line. It's like, oh, if I
27:23
Speaker 4: have you know, five hundred thousand dollars, I can take
27:26
Speaker 4: twenty five thousand a year off of that and it'll
27:28
Speaker 4: last me twenty years. Yes, and no, your lifestyle certainly
27:33
Speaker 4: will be different if you do that ten fifteen years
27:36
Speaker 4: from now, because it's not a growing asset or a
27:39
Speaker 4: growing income stream.
27:40
Speaker 3: From the threes are a four to five five three.
27:43
Speaker 3: Budgeting is really hard. I understand how what you're saying,
27:46
Speaker 3: but how do you budget when the price of beef
27:48
Speaker 3: goes up to eight dollars a pound.
27:50
Speaker 4: Well, I mean that's you know, it's all about choices.
27:53
Speaker 4: Maybe try chicking. I mean that, you know, substitution is
27:59
Speaker 4: certainly a way to to deal with that. But you know,
28:03
Speaker 4: when you look at your budget, you know, we've used
28:08
Speaker 4: that fifty thirty twenty concept before. I think that can
28:11
Speaker 4: be a good way to see where you may be
28:13
Speaker 4: over spending. You know, fifty percent of your money should
28:16
Speaker 4: be spent on necessities, shelter, you know, transportation, food, that
28:23
Speaker 4: sort of thing. Thirty percent of your money can be
28:27
Speaker 4: spent on things that you want to do. You know,
28:32
Speaker 4: going to the grocery store as a need for food.
28:35
Speaker 4: Going out to eat is an elective thing, you know,
28:38
Speaker 4: So you can spend some money in that column, but
28:41
Speaker 4: be sure that you put it in the right column,
28:44
Speaker 4: because those type of things are not necessarily necessities. And
28:50
Speaker 4: then that leaves twenty percent for savings and investment. You know,
28:53
Speaker 4: at some point, if you're going to escape you know,
28:57
Speaker 4: feeling like you're you're on a treadmill or a t
29:00
Speaker 4: apped in your finances, you have to get to the
29:02
Speaker 4: point where you're consistently creating savings and investment, and you
29:06
Speaker 4: can only do that through budget. You know, anyone that
29:09
Speaker 4: has started out that has become successful through through you know,
29:15
Speaker 4: investment had to budget. You know, if you have credit
29:19
Speaker 4: card debt, that's the canary in the coal mine that says, hey,
29:23
Speaker 4: my budget drong. If you're carrying credit card debt, you've
29:26
Speaker 4: overspent somewhere. Clearly, that's the only way you're going to
29:30
Speaker 4: accumulate that something is wrong in the budget, not something
29:33
Speaker 4: wrong with the credit card. You know, the credit card
29:36
Speaker 4: is the symptom of the problem, which is the budget.
29:40
Speaker 4: So if you're going to be successful long term, it
29:43
Speaker 4: has to start at that budget. And you know, you've
29:47
Speaker 4: got two ends there you can work on. You can
29:50
Speaker 4: work on the expense side, cutting as much as you can,
29:53
Speaker 4: and if that's not enough, then you have to work
29:55
Speaker 4: on the income side, right, you know, find a new job,
29:59
Speaker 4: find a second job, find some kind of a a
30:03
Speaker 4: side gig or something to generate a little bit of
30:05
Speaker 4: extra money to make that budget work. And after you
30:08
Speaker 4: put that. You know, financial planning is tough early and
30:13
Speaker 4: then it gets easier as you go. You know, after
30:17
Speaker 4: you build those habits, after you get the money that
30:20
Speaker 4: that is set aside, and now that starts to grow,
30:22
Speaker 4: it's like a snowball rolling down a hill. It's hard
30:25
Speaker 4: to stop after a certain point, but it takes five
30:28
Speaker 4: to ten years worth of real effort. You're doing most
30:34
Speaker 4: of the work to get that ball rolling.
30:37
Speaker 3: I always talking analogies on the show, but remind but
30:40
Speaker 3: I'm just struck by recently we were given some tools
30:44
Speaker 3: in the networking that we have here in the building
30:46
Speaker 3: to that would make our lives a lot easier with
30:48
Speaker 3: certain things we're doing, certain types of shows, certain types
30:50
Speaker 3: of commercials, and stuff we're putting in. Basically things that
30:51
Speaker 3: would take eight, ten, twelve steps in the past, you
30:55
Speaker 3: could do it in like two steps now with some
30:57
Speaker 3: of the but there was a learning process to figuring
30:59
Speaker 3: out how to on board some of this process and
31:01
Speaker 3: how to get it and I put it off forever.
31:03
Speaker 3: I finally set it up a couple couple weeks ago
31:05
Speaker 3: and got everything exactly the way I want it to.
31:07
Speaker 3: And there's processes now that literally all I have to
31:10
Speaker 3: do is drag one file from one place to another
31:12
Speaker 3: and all of those steps that took a long time before,
31:15
Speaker 3: that's the only step I have to do now. And
31:17
Speaker 3: much like if you're financial planning or planning for your future,
31:19
Speaker 3: it might be. You got to set it all up first,
31:21
Speaker 3: you got it. You got to build the house. You know,
31:23
Speaker 3: if you build it, it will come. But once you build
31:25
Speaker 3: the house, you can kind of you you can fortify
31:27
Speaker 3: the basement a little bit. You can, you know, you
31:29
Speaker 3: can change out the walls or whatever. But you have
31:31
Speaker 3: the you have the structure there, and that makes it
31:33
Speaker 3: a lot easier to start doing the things you need
31:35
Speaker 3: to do.
31:35
Speaker 4: Well at some point, once you get those habits on
31:38
Speaker 4: that structure in, you know, you don't have to look
31:41
Speaker 4: for money anymore. Money will come looking for you, you know it.
31:44
Speaker 4: Money goes to live where it's treated.
31:46
Speaker 3: Well. That's a great point too.
31:49
Speaker 4: And if you treat your body, yeah, if you treat
31:51
Speaker 4: your money the right way, you'll keep attracting it.
31:54
Speaker 3: You know.
31:54
Speaker 4: It's like they say, well, if you go to a bank,
31:56
Speaker 4: uh and and one alone and they and they turned
31:59
Speaker 4: you down, there's probably a good reason for that, because
32:02
Speaker 4: they want to give you the money. That's how they
32:04
Speaker 4: earn their money. So you know, rather than look at that, it'say, okay,
32:09
Speaker 4: I may have something I need to address internally here,
32:12
Speaker 4: you know, and I need to fix that. But once
32:14
Speaker 4: you fix that you won't have that problem anymore, and
32:19
Speaker 4: and money will will will be attracted. You know, same
32:22
Speaker 4: thing with investments. You own productive investments, they keep compounding
32:26
Speaker 4: and working whether you do or not. And you know
32:31
Speaker 4: that's just the point you have to get yourself to
32:33
Speaker 4: to accumulate wealth. And and that's the step that you know,
32:36
Speaker 4: anybody that started from scratch and accumulated wealth. They are
32:39
Speaker 4: all the folks that come into my office who have
32:42
Speaker 4: worked for thirty years and retire comfortably. They all went
32:45
Speaker 4: through that same process.
32:47
Speaker 3: And there's and you're right, there are sometimes some hard
32:50
Speaker 3: decisions you make. I'm certainly no expert when it comes
32:52
Speaker 3: to funding into my retirement necessarily, but I am a
32:56
Speaker 3: single income family that's trying to raise a daughter, and
32:59
Speaker 3: so you know, it's not necessarily all that easy right now.
33:01
Speaker 3: And the one thing that I've noticed I put things
33:03
Speaker 3: in spreadsheets and stuff like that, and I have basically
33:05
Speaker 3: three columns of my groceries. I have the green, which
33:08
Speaker 3: is stuff I have to get every week. I have
33:10
Speaker 3: the yelloe, which is stuff that I would like to
33:11
Speaker 3: get but maybe I can all the time. And I
33:13
Speaker 3: have the red, which is stuff that like I personally
33:15
Speaker 3: like but we can't always afford, you know, that sort
33:17
Speaker 3: of thing. And I can see now if I go
33:19
Speaker 3: month to month over my spreadsheet over where we were
33:21
Speaker 3: doing costs. You can just spread by sort by the
33:23
Speaker 3: collar real easily, And that's a way that I can
33:25
Speaker 3: kind of tell what I'm spending money on. Like my
33:27
Speaker 3: reds are gone, like four or five years ago, Like
33:30
Speaker 3: maybe half of my groceries were reds, like stuff that
33:32
Speaker 3: I just like, certain things I like for snakes or
33:34
Speaker 3: certain things I liked or whatever. We hardly buy any
33:36
Speaker 3: of that stuff anymore, like maybe some yellows and almost
33:39
Speaker 3: everything's green. I mean, it's like we like everything that
33:42
Speaker 3: we can budget for groceries are now for stuff we
33:44
Speaker 3: have to buy on groceries. We don't really have the
33:46
Speaker 3: money to buy the elective stuff that we used to
33:49
Speaker 3: even three or four years ago. It's just the prices are.
33:51
Speaker 3: And it doesn't matter whose fault it is. It doesn't
33:54
Speaker 3: like the politics of the thing doesn't matter. It is
33:55
Speaker 3: what it is. You just have to go forward and
33:58
Speaker 3: figure out the best way to do it right.
33:59
Speaker 4: You have to do with it, and and and if
34:01
Speaker 4: you hadn't made those adjustments, what would happen.
34:03
Speaker 3: Now I would be you would even less money than
34:05
Speaker 3: I have an house, right you.
34:06
Speaker 4: Would you would have a budget problem right now, absolutely
34:09
Speaker 4: you would have a spending problem that would then create, uh,
34:13
Speaker 4: you know, the environment where you couldn't save, you couldn't invest,
34:16
Speaker 4: you couldn't and if you can't do that, you'll never
34:19
Speaker 4: escape that situation. And and that's that's the tough part.
34:23
Speaker 4: And and and that's that's where everyone has to get
34:27
Speaker 4: through that. You know, you got to get through that
34:30
Speaker 4: rough patch to get to the other side. And but
34:35
Speaker 4: once you're there, you know, it compounds quicker than you
34:39
Speaker 4: can imagine.
34:40
Speaker 3: Another part that and just from being an adult and
34:43
Speaker 3: being in relationships in my life, I know that this
34:45
Speaker 3: has to be true. Sometimes planning, you as the financial advisor,
34:51
Speaker 3: have to kind of combine the needs of the two
34:55
Speaker 3: partners that could be leading this thing, because not always
34:58
Speaker 3: are like a husband and wife when the exact same page.
35:00
Speaker 3: Sometimes there's some middle ground you have to find somewhere.
35:03
Speaker 4: Yeah, no doubt, there's Sometimes one is more conservative together,
35:08
Speaker 4: less willing to take market type risk. And you know,
35:12
Speaker 4: I really try to set down and say, okay, here's
35:15
Speaker 4: how this works, here's what I would recommend you doing.
35:21
Speaker 4: Can you be comfortable with that? Because financial planning is
35:25
Speaker 4: not just about math. It is about making folks feel
35:28
Speaker 4: comfortable on the path that they're on. You know, if
35:30
Speaker 4: I can recommend something to you that I think absolutely
35:34
Speaker 4: is the right thing, but you can't sleep at night,
35:37
Speaker 4: then that's the wrong thing because one of the key
35:40
Speaker 4: ingredients to success is being able to stick to it.
35:44
Speaker 4: If you're on an emotional roller coaster because you don't
35:47
Speaker 4: have the temperament for it, then it is the wrong investment.
35:51
Speaker 4: And the problem is you've got to My job is
35:54
Speaker 4: to sit down and have that conversation up front, because
35:57
Speaker 4: the worst time to discover that is when you're in
35:59
Speaker 4: the middle of the rocky patch, because then you're changing
36:04
Speaker 4: your strategy at the exact wrong time. You're discovering that
36:08
Speaker 4: at the exact wrong time. And so you know, that's
36:12
Speaker 4: why we do spend time upfront trying to determine these
36:16
Speaker 4: things that are very individual based. You know, you and
36:20
Speaker 4: I probably have different outlooks and risk tolerances. I'm guessing
36:25
Speaker 4: everybody does. Yeh, yeah, absolutely, and and if we're going
36:29
Speaker 4: to work together, I need to understand that because what
36:31
Speaker 4: I personally would do might not be the right thing.
36:36
Speaker 4: Even if even if mathematically I can say, hey, this
36:39
Speaker 4: is the path, if you're not going to stick to it,
36:42
Speaker 4: it's no good. That's why that relationship is so important
36:45
Speaker 4: with the advisor.
36:46
Speaker 3: Well on the couple end of things too, it could
36:48
Speaker 3: help offset some of the stresses of you know, maybe
36:52
Speaker 3: two in experts talking about something and trying and you know,
36:55
Speaker 3: maybe there's some tension in between what they feel like
36:57
Speaker 3: they should do or whatever. Getting somebody's objective opinion who's
37:00
Speaker 3: an expert on it could really help dial down the
37:03
Speaker 3: temperature on that a little bit, and cooler heads could
37:05
Speaker 3: prevail and say, okay, well this might be our best strategy.
37:07
Speaker 3: This is the best compromise that we can come up,
37:09
Speaker 3: whatever it might be. It helps a little bit when
37:11
Speaker 3: you don't feel like somebody's trying to be domineering over you.
37:13
Speaker 3: If if that's how you feel.
37:15
Speaker 4: Right and there are certain things that you know, aso
37:17
Speaker 4: the advisor, I say, I guess you really need to
37:19
Speaker 4: get to this point. And you know, sometimes we don't
37:22
Speaker 4: get all the way where I think we should be,
37:24
Speaker 4: but we're moving closer.
37:25
Speaker 3: And if you move.
37:26
Speaker 4: Closer and then over time have success then you might
37:29
Speaker 4: move a little closer later, you know. But it's it's
37:33
Speaker 4: a balancing act. It's it's it's like say, it's a
37:38
Speaker 4: lot of psychology to be honest with you.
37:39
Speaker 3: And John does a great job with that. Encourage you
37:42
Speaker 3: to give John a call at Fourth Avenue Financial can
37:44
Speaker 3: help you out with all kinds of things when it
37:46
Speaker 3: comes to helping you retire right. And this show also
37:49
Speaker 3: every Monday morning at eight twenty. You can find out
37:51
Speaker 3: more about Fourth Avenue Financial online. It's fourth Avenue Financial
37:54
Speaker 3: dot com located once seventy Court Street, Downtown Charleson across
37:57
Speaker 3: from the Town Center. Maul the phone number three zer
37:58
Speaker 3: before seven four six seven seven seven three zero four
38:01
Speaker 3: seven four six seven nine seven seven one more time
38:03
Speaker 3: three zero four seven four six seven nine seven seven.
38:06
Speaker 3: You can go to WHS network dot com slash retire
38:09
Speaker 3: right and that will get you all of our previous episodes.
38:11
Speaker 3: We have years worth of them up there now if
38:13
Speaker 3: you like to go back and check out that sort
38:15
Speaker 3: of thing. John, thanks so much for your time again
38:17
Speaker 3: this week. We'll see you back here next Monday. All right,
38:19
Speaker 3: take care, that sounds great. That's John Bredet for Fourth
38:21
Speaker 3: Avenue Financial. Once again fourth Avenue Financial dot Com seven
38:24
Speaker 3: four six seven non seven seven. Coming up next is
38:26
Speaker 3: Dave Allen on The Dave Allen Show, followed by Talkline
38:29
Speaker 3: with Dave Wilson and TJ. I'll be back this afternoon
38:31
Speaker 3: at three oh six with Dave Weekly on Hotline. Have
38:33
Speaker 3: a great day everyone. On five adw CHS Go Reds.
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