Latest / Solving America's Problems / Your 401(k) Was Never Meant for Retirement

Transcript

Your 401(k) Was Never Meant for Retirement · Solving America's Problems

• 0:00
  Alex: Seventy-eight
• 0:00
  Alex: million
• 0:01
  Alex: new
• 0:01
  Alex: AI
• 0:01
  Alex: jobs
• 0:02
  Alex: by
• 0:02
  Alex: 2030—that's
• 0:04
  Alex: the
• 0:04
  Alex: PROMISE.
• 0:06
  Alex: But
• 0:06
  Alex: Jerremy's
• 0:06
  Alex: already
• 0:06
  Alex: ordering
• 0:07
  Alex: burgers
• 0:07
  Alex: from
• 0:07
  Alex: a
• 0:07
  Alex: screen
• 0:08
  Alex: that
• 0:08
  Alex: asks
• 0:08
  Alex: for
• 0:08
  Alex: a
• 0:08
  Alex: tip
• 0:09
  Alex: with
• 0:09
  Alex: no
• 0:09
  Alex: human
• 0:09
  Alex: behind
• 0:10
  Alex: it.
• 0:11
  Alex: The
• 0:11
  Alex: numbers
• 0:11
  Alex: say
• 0:11
  Alex: recovery...
• 0:12
  Alex: the
• 0:13
  Alex: lived
• 0:13
  Alex: reality
• 0:13
  Alex: says
• 0:14
  Alex: replacement
• 0:14
  Alex: is
• 0:14
  Alex: ALREADY
• 0:15
  Alex: here.
• 0:16
  Jerremy: The
• 0:16
  Jerremy: gr
• 0:16
  Jerremy: the
• 0:16
  Jerremy: Great
• 0:17
  Jerremy: Resignation
• 0:18
  Jerremy: or
• 0:18
  Jerremy: the
• 0:18
  Jerremy: Great
• 0:19
  Jerremy: Stay,
• 0:20
  Jerremy: the
• 0:20
  Jerremy: pandemic
• 0:21
  Jerremy: permanently
• 0:21
  Jerremy: shifted
• 0:22
  Jerremy: workers,
• 0:22
  Jerremy: psychology
• 0:23
  Jerremy: workers
• 0:23
  Jerremy: have
• 0:24
  Jerremy: leverage,
• 0:24
  Jerremy: expect
• 0:25
  Jerremy: flexibility,
• 0:26
  Jerremy: we'll
• 0:26
  Jerremy: leave
• 0:26
  Jerremy: for
• 0:26
  Jerremy: better
• 0:27
  Jerremy: conditions
• 0:27
  Jerremy: held
• 0:28
  Jerremy: by
• 0:28
  Jerremy: popular
• 0:28
  Jerremy: media.
• 0:28
  Jerremy: Some
• 0:28
  Jerremy: HR
• 0:29
  Jerremy: professionals
• 0:29
  Jerremy: work
• 0:30
  Jerremy: in
• 0:30
  Jerremy: strong
• 0:30
  Jerremy: labor
• 0:30
  Jerremy: markets.
• 0:32
  Jerremy: and
• 0:32
  Jerremy: then
• 0:32
  Jerremy: the
• 0:32
  Jerremy: Great
• 0:32
  Jerremy: resignation
• 0:33
  Jerremy: and
• 0:33
  Jerremy: over
• 0:33
  Jerremy: quit
• 0:33
  Jerremy: rates
• 0:34
  Jerremy: have
• 0:34
  Jerremy: plummeted.
• 0:34
  Jerremy: Eight
• 0:35
  Jerremy: 81%
• 0:35
  Jerremy: of
• 0:35
  Jerremy: employees
• 0:36
  Jerremy: in
• 0:36
  Jerremy: 2025
• 0:37
  Jerremy: report
• 0:37
  Jerremy: anxiety
• 0:37
  Jerremy: about
• 0:37
  Jerremy: losing
• 0:38
  Jerremy: their
• 0:38
  Jerremy: jobs.
• 0:39
  Jerremy: this
• 0:39
  Jerremy: one's
• 0:40
  Jerremy: interesting
• 0:40
  Jerremy: man.
• 0:40
  Jerremy: Essentially
• 0:40
  Jerremy: like,
• 0:41
  Jerremy: are
• 0:41
  Jerremy: people
• 0:41
  Jerremy: going
• 0:42
  Jerremy: to
• 0:42
  Jerremy: stay
• 0:42
  Jerremy: in
• 0:42
  Jerremy: their
• 0:42
  Jerremy: positions
• 0:43
  Jerremy: because
• 0:43
  Jerremy: they
• 0:43
  Jerremy: have
• 0:43
  Jerremy: so
• 0:44
  Jerremy: much
• 0:44
  Jerremy: debt?
• 0:44
  Jerremy: That's
• 0:44
  Jerremy: really
• 0:45
  Jerremy: the
• 0:45
  Jerremy: question,
• 0:46
  Jerremy: right?
• 0:46
  Jerremy: Really
• 0:47
  Jerremy: the
• 0:47
  Jerremy: question
• 0:47
  Jerremy: is
• 0:47
  Jerremy: like,
• 0:47
  Jerremy: I
• 0:47
  Jerremy: can't
• 0:48
  Jerremy: lose
• 0:48
  Jerremy: my
• 0:48
  Jerremy: job
• 0:48
  Jerremy: 'cause
• 0:48
  Jerremy: I
• 0:48
  Jerremy: can't
• 0:49
  Jerremy: afford
• 0:49
  Jerremy: to,
• 0:49
  Dave: Right.
• 0:51
  Jerremy: like,
• 0:51
  Jerremy: that's
• 0:51
  Jerremy: it.
• 0:52
  Jerremy: I
• 0:52
  Jerremy: can't
• 0:52
  Jerremy: quit
• 0:53
  Jerremy: my
• 0:53
  Jerremy: job
• 0:53
  Jerremy: 'cause
• 0:53
  Jerremy: I
• 0:53
  Jerremy: can't
• 0:53
  Jerremy: afford
• 0:54
  Jerremy: to.
• 0:55
  Jerremy: I
• 0:55
  Jerremy: believe
• 0:55
  Jerremy: that
• 0:55
  Jerremy: this
• 0:55
  Jerremy: puts
• 0:56
  Jerremy: this
• 0:56
  Jerremy: podcast
• 0:57
  Jerremy: and
• 0:57
  Jerremy: a
• 0:57
  Jerremy: lot
• 0:57
  Jerremy: of
• 0:57
  Jerremy: my
• 0:57
  Jerremy: material
• 0:58
  Jerremy: and
• 0:58
  Jerremy: everything
• 0:59
  Jerremy: I
• 0:59
  Jerremy: want
• 0:59
  Jerremy: to
• 0:59
  Jerremy: create
• 0:59
  Jerremy: for
• 0:59
  Jerremy: this
• 0:59
  Jerremy: country
• 1:00
  Jerremy: in
• 1:00
  Jerremy: the
• 1:00
  Jerremy: forefront,
• 1:01
  Jerremy: because
• 1:02
  Jerremy: ladies
• 1:02
  Jerremy: and
• 1:02
  Jerremy: gentlemen,
• 1:03
  Jerremy: that's
• 1:04
  Jerremy: going
• 1:04
  Jerremy: to
• 1:04
  Jerremy: happen.
• 1:06
  Jerremy: You
• 1:07
  Jerremy: going
• 1:08
  Jerremy: to
• 1:08
  Jerremy: have
• 1:08
  Jerremy: to
• 1:08
  Jerremy: shift
• 1:08
  Jerremy: your
• 1:09
  Jerremy: employment,
• 1:09
  Jerremy: your
• 1:09
  Jerremy: form
• 1:10
  Jerremy: of
• 1:10
  Jerremy: employment
• 1:10
  Jerremy: in
• 1:10
  Jerremy: less
• 1:11
  Jerremy: than
• 1:11
  Jerremy: five
• 1:11
  Jerremy: years.
• 1:12
  Dave: Mm-hmm.
• 1:12
  Jerremy: If
• 1:12
  Jerremy: you're
• 1:13
  Jerremy: listening
• 1:13
  Jerremy: to
• 1:13
  Jerremy: this
• 1:13
  Jerremy: podcast,
• 1:14
  Jerremy: your,
• 1:14
  Jerremy: your
• 1:14
  Jerremy: job
• 1:14
  Jerremy: will
• 1:14
  Jerremy: probably
• 1:15
  Jerremy: shift,
• 1:15
  Jerremy: it'll
• 1:16
  Jerremy: probably
• 1:16
  Jerremy: change,
• 1:17
  Jerremy: it'll
• 1:17
  Jerremy: probably
• 1:17
  Jerremy: alter.
• 1:18
  Dave: Yep.
• 1:18
  Jerremy: And
• 1:19
  Jerremy: if
• 1:19
  Jerremy: that
• 1:20
  Jerremy: happens,
• 1:20
  Jerremy: which
• 1:20
  Jerremy: it,
• 1:21
  Jerremy: it
• 1:21
  Jerremy: will,
• 1:21
  Jerremy: or
• 1:21
  Jerremy: a
• 1:21
  Jerremy: very
• 1:22
  Jerremy: high
• 1:22
  Jerremy: degree
• 1:22
  Jerremy: of
• 1:22
  Jerremy: certainty,
• 1:23
  Jerremy: like
• 1:23
  Jerremy: 80%
• 1:23
  Jerremy: likelihood,
• 1:25
  Jerremy: you'll
• 1:25
  Jerremy: need
• 1:25
  Jerremy: the
• 1:26
  Jerremy: ability
• 1:26
  Jerremy: to
• 1:26
  Jerremy: be
• 1:27
  Jerremy: flexible,
• 1:28
  Jerremy: to
• 1:28
  Jerremy: shift,
• 1:28
  Jerremy: to
• 1:29
  Jerremy: learn,
• 1:29
  Jerremy: to
• 1:29
  Jerremy: create
• 1:29
  Jerremy: more
• 1:29
  Jerremy: value.
• 1:30
  Jerremy: And
• 1:31
  Jerremy: you
• 1:31
  Jerremy: need
• 1:31
  Jerremy: the
• 1:31
  Jerremy: financial
• 1:32
  Jerremy: stability,
• 1:32
  Jerremy: the
• 1:32
  Jerremy: financial
• 1:33
  Jerremy: acumen,
• 1:33
  Jerremy: and
• 1:33
  Jerremy: you
• 1:33
  Jerremy: need
• 1:34
  Jerremy: to
• 1:34
  Jerremy: lock
• 1:34
  Jerremy: in
• 1:35
  Jerremy: as
• 1:35
  Jerremy: a
• 1:35
  Jerremy: 20-year-old,
• 1:35
  Jerremy: say
• 1:36
  Jerremy: for
• 1:37
  Jerremy: a
• 1:37
  Jerremy: period
• 1:37
  Jerremy: of
• 1:37
  Jerremy: time
• 1:37
  Jerremy: to
• 1:37
  Jerremy: just
• 1:38
  Jerremy: make
• 1:38
  Jerremy: sure
• 1:38
  Jerremy: that
• 1:38
  Jerremy: your
• 1:38
  Jerremy: financial
• 1:39
  Jerremy: house
• 1:39
  Jerremy: is
• 1:39
  Dave: Mm-hmm.
• 1:39
  Jerremy: you
• 1:40
  Jerremy: have
• 1:40
  Jerremy: liquidity,
• 1:41
  Jerremy: you
• 1:41
  Jerremy: have
• 1:41
  Jerremy: access
• 1:41
  Jerremy: to
• 1:41
  Jerremy: that
• 1:41
  Jerremy: liquidity,
• 1:42
  Jerremy: you
• 1:42
  Jerremy: know
• 1:43
  Jerremy: how
• 1:43
  Jerremy: to
• 1:43
  Jerremy: access
• 1:43
  Jerremy: that
• 1:43
  Jerremy: liquidity
• 1:44
  Jerremy: and
• 1:44
  Jerremy: why,
• 1:44
  Jerremy: and
• 1:44
  Jerremy: how
• 1:44
  Jerremy: to
• 1:45
  Jerremy: move
• 1:45
  Jerremy: it
• 1:45
  Jerremy: and
• 1:45
  Jerremy: how
• 1:45
  Jerremy: to
• 1:45
  Jerremy: capitalize
• 1:46
  Jerremy: on
• 1:46
  Jerremy: it,
• 1:46
  Jerremy: and
• 1:46
  Jerremy: how
• 1:46
  Jerremy: to
• 1:46
  Jerremy: shift
• 1:46
  Jerremy: it
• 1:46
  Jerremy: and
• 1:46
  Jerremy: how
• 1:47
  Jerremy: to
• 1:47
  Jerremy: invest
• 1:47
  Jerremy: it
• 1:48
  Jerremy: and
• 1:48
  Jerremy: how
• 1:48
  Jerremy: to
• 1:48
  Jerremy: actually.
• 1:49
  Jerremy: Be
• 1:50
  Jerremy: in
• 1:50
  Jerremy: a
• 1:50
  Jerremy: position
• 1:51
  Jerremy: where
• 1:51
  Jerremy: you
• 1:51
  Jerremy: can
• 1:51
  Jerremy: move
• 1:51
  Jerremy: jobs,
• 1:52
  Jerremy: you
• 1:52
  Jerremy: can
• 1:53
  Jerremy: move
• 1:53
  Jerremy: cities,
• 1:54
  Jerremy: you
• 1:54
  Jerremy: can
• 1:54
  Jerremy: move
• 1:55
  Jerremy: to
• 1:55
  Jerremy: potentially
• 1:55
  Jerremy: a
• 1:55
  Jerremy: different
• 1:55
  Jerremy: country.
• 1:56
  Jerremy: You
• 1:56
  Jerremy: can
• 1:56
  Jerremy: go
• 1:57
  Jerremy: online
• 1:57
  Jerremy: or
• 1:57
  Jerremy: offline
• 1:58
  Jerremy: at
• 1:58
  Jerremy: a
• 1:58
  Jerremy: moment's
• 1:58
  Jerremy: notice
• 1:59
  Jerremy: to
• 1:59
  Jerremy: create
• 1:59
  Jerremy: income
• 2:00
  Jerremy: for
• 2:00
  Jerremy: your
• 2:00
  Jerremy: family
• 2:00
  Jerremy: because
• 2:01
  Jerremy: it
• 2:01
  Jerremy: is
• 2:01
  Jerremy: gonna
• 2:01
  Jerremy: shift
• 2:02
  Jerremy: and
• 2:04
  Jerremy: every
• 2:04
  Jerremy: single
• 2:05
  Jerremy: person
• 2:05
  Jerremy: listening
• 2:06
  Jerremy: is
• 2:06
  Jerremy: going
• 2:06
  Jerremy: to
• 2:06
  Jerremy: need
• 2:07
  Jerremy: to
• 2:07
  Jerremy: be
• 2:07
  Jerremy: very,
• 2:07
  Jerremy: very
• 2:08
  Jerremy: good
• 2:09
  Jerremy: at
• 2:09
  Jerremy: understanding
• 2:10
  Jerremy: money
• 2:11
  Jerremy: and
• 2:11
  Dave: Yeah.
• 2:12
  Dave: Yeah.
• 2:13
  Jerremy: And
• 2:13
  Jerremy: I
• 2:13
  Jerremy: like
• 2:13
  Jerremy: how
• 2:13
  Jerremy: you
• 2:13
  Jerremy: said
• 2:14
  Jerremy: that
• 2:14
  Jerremy: earlier.
• 2:14
  Jerremy: Like
• 2:14
  Jerremy: if
• 2:14
  Jerremy: you're
• 2:14
  Jerremy: in
• 2:15
  Jerremy: a
• 2:15
  Jerremy: position
• 2:15
  Jerremy: in
• 2:15
  Jerremy: your
• 2:15
  Jerremy: business
• 2:16
  Jerremy: where
• 2:16
  Jerremy: you're
• 2:16
  Jerremy: in,
• 2:16
  Jerremy: you're
• 2:16
  Jerremy: in
• 2:16
  Jerremy: touch
• 2:17
  Jerremy: with
• 2:17
  Jerremy: the
• 2:17
  Jerremy: money.
• 2:18
  Jerremy: Good.
• 2:19
  Dave: Close
• 2:19
  Dave: to
• 2:20
  Dave: money.
• 2:20
  Jerremy: Become
• 2:20
  Dave: Yep.
• 2:21
  Jerremy: it.
• 2:21
  Dave: Yep.
• 2:21
  Jerremy: better
• 2:22
  Jerremy: at
• 2:22
  Jerremy: it.
• 2:22
  Jerremy: 'cause
• 2:22
  Jerremy: there's
• 2:22
  Jerremy: gonna
• 2:22
  Jerremy: be
• 2:22
  Jerremy: more
• 2:22
  Jerremy: money
• 2:23
  Jerremy: coming
• 2:23
  Jerremy: in
• 2:24
  Jerremy: and
• 2:24
  Jerremy: there's
• 2:24
  Jerremy: gonna
• 2:24
  Jerremy: be
• 2:24
  Jerremy: more
• 2:24
  Jerremy: jobs
• 2:25
  Jerremy: going
• 2:25
  Jerremy: away.
• 2:26
  Dave: Yeah.
• 2:26
  Dave: I,
• 2:28
  Dave: so
• 2:28
  Dave: I'm,
• 2:28
  Dave: I'm,
• 2:29
  Dave: I'm
• 2:29
  Dave: of
• 2:29
  Dave: a
• 2:29
  Dave: couple
• 2:29
  Dave: of
• 2:30
  Dave: minds
• 2:30
  Dave: here.
• 2:30
  Dave: One
• 2:30
  Dave: of
• 2:30
  Dave: them
• 2:30
  Dave: is,
• 2:31
  Dave: like
• 2:31
  Dave: companies
• 2:32
  Dave: are
• 2:32
  Dave: gonna
• 2:32
  Dave: be
• 2:32
  Dave: able
• 2:32
  Dave: to
• 2:32
  Dave: do
• 2:32
  Dave: a
• 2:32
  Dave: lot
• 2:32
  Dave: more
• 2:33
  Dave: with,
• 2:34
  Dave: so
• 2:34
  Dave: like,
• 2:34
  Dave: if,
• 2:34
  Dave: if
• 2:35
  Dave: they
• 2:35
  Dave: add
• 2:35
  Dave: more
• 2:35
  Dave: people,
• 2:36
  Dave: they're
• 2:36
  Dave: gonna
• 2:36
  Dave: be
• 2:36
  Dave: doing
• 2:36
  Dave: a
• 2:37
  Dave: lot.
• 2:37
  Dave: So,
• 2:37
  Dave: like,
• 2:37
  Dave: there's,
• 2:38
  Dave: companies
• 2:39
  Dave: are
• 2:39
  Dave: gonna
• 2:39
  Dave: be
• 2:39
  Dave: able
• 2:39
  Dave: to
• 2:39
  Dave: grow
• 2:39
  Dave: the
• 2:40
  Dave: pie,
• 2:40
  Dave: not
• 2:40
  Dave: necessarily
• 2:41
  Dave: shrink
• 2:41
  Dave: the
• 2:41
  Dave: workforce.
• 2:42
  Dave: Companies
• 2:43
  Dave: that
• 2:43
  Dave: are
• 2:43
  Dave: shrinking
• 2:43
  Dave: their
• 2:44
  Dave: workforce
• 2:45
  Dave: are
• 2:45
  Dave: either
• 2:45
  Dave: restructuring,
• 2:46
  Dave: right?
• 2:47
  Dave: Like
• 2:47
  Dave: they're,
• 2:47
  Dave: they're,
• 2:47
  Dave: they're
• 2:47
  Dave: saying,
• 2:48
  Dave: hey,
• 2:48
  Dave: or,
• 2:50
  Dave: they
• 2:50
  Dave: are,
• 2:51
  Dave: shrinking
• 2:51
  Dave: for
• 2:51
  Dave: other
• 2:51
  Dave: reasons,
• 2:52
  Dave: right?
• 2:52
  Dave: But
• 2:53
  Dave: if
• 2:53
  Dave: a
• 2:53
  Dave: company
• 2:53
  Dave: is
• 2:53
  Dave: doing
• 2:54
  Dave: what
• 2:54
  Dave: a
• 2:54
  Dave: company
• 2:54
  Dave: does
• 2:54
  Dave: best,
• 2:55
  Dave: which
• 2:55
  Dave: is
• 2:55
  Dave: like,
• 2:55
  Dave: okay,
• 2:56
  Dave: let's
• 2:56
  Dave: go
• 2:56
  Dave: kill
• 2:57
  Dave: it.
• 2:57
  Dave: Let's
• 2:57
  Dave: go
• 2:58
  Dave: bigger,
• 2:58
  Dave: better,
• 2:58
  Dave: stronger,
• 2:59
  Dave: faster.
• 3:00
  Dave: like
• 3:00
  Dave: they're
• 3:00
  Dave: gonna
• 3:00
  Dave: need
• 3:01
  Dave: all
• 3:01
  Dave: the
• 3:01
  Dave: people
• 3:01
  Dave: they
• 3:01
  Dave: get
• 3:02
  Dave: and
• 3:02
  Dave: they're
• 3:02
  Dave: gonna
• 3:03
  Dave: need
• 3:03
  Dave: AI
• 3:03
  Dave: on
• 3:03
  Dave: top
• 3:03
  Dave: of
• 3:03
  Dave: it.
• 3:04
  Dave: So
• 3:05
  Dave: like
• 3:05
  Dave: there's
• 3:05
  Dave: a,
• 3:06
  Dave: I
• 3:06
  Dave: think
• 3:07
  Dave: you're
• 3:07
  Dave: a
• 3:07
  Dave: hundred
• 3:07
  Dave: percent
• 3:08
  Dave: right
• 3:08
  Dave: that
• 3:08
  Dave: everybody
• 3:09
  Dave: listening
• 3:09
  Dave: to
• 3:09
  Dave: this.
• 3:10
  Dave: If
• 3:11
  Dave: you
• 3:11
  Dave: are
• 3:12
  Dave: working
• 3:12
  Dave: for
• 3:12
  Dave: a
• 3:13
  Dave: living,
• 3:13
  Dave: your
• 3:13
  Dave: job
• 3:13
  Dave: is
• 3:14
  Dave: going
• 3:14
  Dave: to
• 3:14
  Dave: change.
• 3:14
  Dave: And
• 3:15
  Dave: it
• 3:15
  Dave: is
• 3:15
  Dave: very
• 3:16
  Dave: unclear
• 3:16
  Dave: as
• 3:16
  Dave: to
• 3:17
  Dave: what
• 3:17
  Dave: that's
• 3:17
  Dave: going
• 3:17
  Dave: to
• 3:17
  Dave: be.
• 3:18
  Dave: And
• 3:18
  Dave: that's
• 3:18
  Dave: a
• 3:19
  Dave: certain
• 3:19
  Dave: amount
• 3:19
  Dave: of
• 3:19
  Dave: anxiety
• 3:20
  Dave: is
• 3:20
  Dave: going
• 3:20
  Dave: to
• 3:20
  Dave: be,
• 3:20
  Dave: wrapped
• 3:21
  Dave: up
• 3:21
  Dave: around
• 3:21
  Dave: that.
• 3:22
  Dave: And
• 3:22
  Dave: you
• 3:22
  Dave: do
• 3:23
  Dave: have
• 3:23
  Dave: to
• 3:23
  Dave: have
• 3:23
  Dave: your,
• 3:24
  Dave: your
• 3:24
  Dave: house
• 3:25
  Dave: in
• 3:25
  Dave: order.
• 3:26
  Dave: like
• 3:26
  Dave: it
• 3:26
  Dave: is
• 3:26
  Dave: not
• 3:26
  Dave: only
• 3:26
  Dave: just,
• 3:27
  Dave: making
• 3:27
  Dave: sure
• 3:28
  Dave: that
• 3:28
  Dave: your
• 3:28
  Dave: financial
• 3:28
  Dave: life
• 3:28
  Dave: is
• 3:29
  Dave: in
• 3:29
  Dave: order,
• 3:29
  Dave: but
• 3:29
  Dave: also
• 3:30
  Dave: that
• 3:30
  Dave: your
• 3:30
  Dave: health.
• 3:31
  Dave: Is,
• 3:31
  Dave: is
• 3:31
  Dave: a
• 3:32
  Dave: set
• 3:32
  Dave: your,
• 3:32
  Dave: your
• 3:33
  Dave: relationships
• 3:33
  Dave: are
• 3:34
  Dave: set.
• 3:34
  Dave: You
• 3:34
  Dave: have
• 3:35
  Dave: the
• 3:35
  Dave: connections
• 3:35
  Dave: into
• 3:36
  Dave: your
• 3:36
  Dave: community,
• 3:36
  Dave: into
• 3:37
  Dave: your
• 3:37
  Dave: family.
• 3:38
  Dave: Like
• 3:38
  Dave: those
• 3:38
  Dave: are
• 3:39
  Dave: the
• 3:39
  Dave: things
• 3:39
  Dave: that
• 3:40
  Dave: successful
• 3:40
  Dave: people
• 3:41
  Dave: have
• 3:41
  Dave: that
• 3:41
  Dave: unsuccessful
• 3:42
  Dave: people
• 3:42
  Dave: don't
• 3:43
  Dave: have,
• 3:43
  Dave: which
• 3:44
  Dave: is
• 3:44
  Dave: a
• 3:44
  Dave: strong
• 3:45
  Dave: sense
• 3:46
  Dave: of
• 3:46
  Dave: community,
• 3:47
  Dave: family
• 3:47
  Dave: love
• 3:48
  Dave: in
• 3:48
  Dave: their
• 3:48
  Dave: lives.
• 3:48
  Dave: Like,
• 3:49
  Dave: those
• 3:49
  Dave: connections
• 3:50
  Dave: are
• 3:50
  Dave: the
• 3:50
  Dave: things
• 3:51
  Dave: that
• 3:51
  Dave: get
• 3:51
  Dave: anybody
• 3:52
  Dave: through.
• 3:52
  Dave: So,
• 3:53
  Dave: and
• 3:53
  Dave: making
• 3:53
  Dave: sure
• 3:54
  Dave: that
• 3:54
  Dave: you're,
• 3:54
  Dave: not
• 3:55
  Dave: putting
• 3:55
  Dave: garbage
• 3:55
  Dave: in
• 3:56
  Dave: your
• 3:56
  Dave: mouth
• 3:56
  Dave: that
• 3:56
  Dave: you're,
• 3:57
  Dave: staying
• 3:57
  Dave: fit.
• 3:57
  Dave: Because
• 3:58
  Dave: as
• 3:58
  Dave: soon
• 3:58
  Dave: as
• 3:58
  Dave: something
• 3:59
  Dave: goes
• 3:59
  Dave: wrong,
• 3:59
  Dave: like
• 4:00
  Dave: all
• 4:00
  Dave: of
• 4:00
  Dave: your
• 4:00
  Dave: attention's
• 4:00
  Dave: gonna
• 4:01
  Dave: go
• 4:01
  Dave: to
• 4:01
  Dave: that.
• 4:02
  Dave: So,
• 4:02
  Dave: just
• 4:03
  Dave: steal
• 4:03
  Dave: yourself
• 4:04
  Dave: is,
• 4:04
  Dave: is,
• 4:04
  Dave: and,
• 4:05
  Dave: and
• 4:05
  Dave: be
• 4:05
  Dave: strong,
• 4:06
  Dave: and
• 4:06
  Dave: the
• 4:06
  Dave: plan
• 4:06
  Dave: B
• 4:07
  Dave: will
• 4:07
  Dave: develop.
• 4:08
  Dave: That's
• 4:08
  Dave: what
• 4:08
  Dave: I
• 4:08
  Dave: got.
• 4:09
  Jerremy: Yeah.
• 4:10
  Jerremy: Yeah,
• 4:10
  Jerremy: totally.
• 4:11
  Jerremy: And
• 4:11
  Jerremy: we're
• 4:11
  Jerremy: gonna,
• 4:11
  Jerremy: we're,
• 4:12
  Jerremy: there's
• 4:12
  Jerremy: some
• 4:12
  Jerremy: of
• 4:12
  Jerremy: the
• 4:13
  Jerremy: big
• 4:13
  Jerremy: changes
• 4:13
  Jerremy: will
• 4:13
  Jerremy: need
• 4:14
  Jerremy: to
• 4:14
  Jerremy: be
• 4:14
  Jerremy: made
• 4:14
  Jerremy: too,
• 4:14
  Jerremy: are
• 4:15
  Jerremy: gonna
• 4:15
  Jerremy: be
• 4:16
  Jerremy: tax
• 4:17
  Jerremy: code
• 4:17
  Jerremy: related,
• 4:17
  Jerremy: pension
• 4:18
  Jerremy: related,
• 4:18
  Jerremy: investing
• 4:19
  Jerremy: related,
• 4:19
  Jerremy: which
• 4:19
  Jerremy: I'm
• 4:19
  Jerremy: gonna
• 4:19
  Jerremy: be
• 4:20
  Jerremy: interested,
• 4:20
  Jerremy: I'm
• 4:20
  Jerremy: very
• 4:20
  Jerremy: interested
• 4:21
  Jerremy: to
• 4:21
  Jerremy: see
• 4:21
  Jerremy: how
• 4:21
  Jerremy: it's
• 4:21
  Jerremy: gonna
• 4:21
  Jerremy: change.
• 4:21
  Jerremy: Because
• 4:22
  Jerremy: again,
• 4:22
  Jerremy: think
• 4:22
  Jerremy: about
• 4:22
  Jerremy: it
• 4:22
  Jerremy: this
• 4:22
  Jerremy: way,
• 4:22
  Jerremy: right?
• 4:23
  Jerremy: If
• 4:23
  Jerremy: you're
• 4:23
  Jerremy: a
• 4:23
  Jerremy: company
• 4:23
  Jerremy: and
• 4:23
  Jerremy: you
• 4:23
  Jerremy: have
• 4:23
  Jerremy: less
• 4:24
  Jerremy: employees,
• 4:25
  Dave: Yep.
• 4:26
  Jerremy: who
• 4:26
  Jerremy: are
• 4:26
  Jerremy: you
• 4:26
  Jerremy: paying
• 4:26
  Jerremy: a
• 4:26
  Jerremy: pension
• 4:27
  Jerremy: to
• 4:28
  Jerremy: now?
• 4:29
  Jerremy: a
• 4:29
  Jerremy: government,
• 4:31
  Jerremy: allowing
• 4:31
  Jerremy: all
• 4:31
  Jerremy: these
• 4:31
  Jerremy: companies
• 4:32
  Jerremy: to
• 4:32
  Jerremy: make
• 4:32
  Jerremy: all
• 4:32
  Jerremy: this
• 4:32
  Jerremy: money,
• 4:33
  Jerremy: and
• 4:33
  Jerremy: the
• 4:33
  Jerremy: middle
• 4:34
  Jerremy: class
• 4:34
  Jerremy: is
• 4:34
  Jerremy: getting
• 4:34
  Jerremy: murdered.
• 4:35
  Dave: Right
• 4:36
  Jerremy: So
• 4:36
  Jerremy: again,
• 4:37
  Jerremy: back
• 4:37
  Jerremy: to
• 4:37
  Jerremy: the
• 4:38
  Jerremy: awareness
• 4:39
  Jerremy: of
• 4:40
  Jerremy: some
• 4:40
  Jerremy: version
• 4:41
  Jerremy: or
• 4:41
  Jerremy: some
• 4:41
  Jerremy: form
• 4:42
  Jerremy: of
• 4:43
  Jerremy: getting
• 4:44
  Jerremy: everyone
• 4:45
  Jerremy: imaginable
• 4:46
  Jerremy: to
• 4:46
  Jerremy: be
• 4:48
  Jerremy: invested
• 4:48
  Jerremy: and
• 4:49
  Jerremy: very
• 4:49
  Jerremy: intrigued
• 4:49
  Jerremy: in
• 4:49
  Jerremy: the
• 4:49
  Jerremy: stock
• 4:50
  Jerremy: market's
• 4:50
  Jerremy: gonna
• 4:50
  Jerremy: be.
• 4:50
  Jerremy: So
• 4:51
  Jerremy: in
• 4:51
  Jerremy: crucially,
• 4:52
  Jerremy: so
• 4:52
  Jerremy: crucial,
• 4:52
  Jerremy: man.
• 4:53
  Jerremy: So
• 4:53
  Jerremy: crucial
• 4:53
  Jerremy: because
• 4:54
  Jerremy: companies
• 4:54
  Jerremy: will
• 4:54
  Jerremy: make
• 4:54
  Jerremy: more
• 4:55
  Jerremy: money.
• 4:55
  Jerremy: The
• 4:55
  Jerremy: profits
• 4:55
  Jerremy: will
• 4:56
  Jerremy: go
• 4:56
  Jerremy: up,
• 4:56
  Jerremy: the
• 4:56
  Jerremy: revenues
• 4:56
  Jerremy: will
• 4:57
  Jerremy: go
• 4:57
  Jerremy: up,
• 4:57
  Jerremy: the
• 4:57
  Jerremy: margins
• 4:58
  Jerremy: will
• 4:58
  Jerremy: increase,
• 4:59
  Jerremy: they'll
• 4:59
  Jerremy: become
• 4:59
  Jerremy: even
• 5:00
  Jerremy: more
• 5:00
  Jerremy: profitable
• 5:01
  Jerremy: with
• 5:01
  Jerremy: less
• 5:01
  Jerremy: people.
• 5:03
  Jerremy: Therefore,
• 5:04
  Jerremy: we,
• 5:04
  Jerremy: we
• 5:04
  Jerremy: need
• 5:05
  Jerremy: to
• 5:05
  Jerremy: go
• 5:05
  Jerremy: invest
• 5:05
  Jerremy: in
• 5:05
  Jerremy: these
• 5:05
  Jerremy: companies
• 5:06
  Jerremy: because
• 5:06
  Jerremy: they're
• 5:06
  Jerremy: gonna
• 5:06
  Jerremy: become
• 5:06
  Jerremy: bigger
• 5:07
  Jerremy: and
• 5:07
  Jerremy: better
• 5:07
  Jerremy: and
• 5:07
  Jerremy: more
• 5:07
  Jerremy: and
• 5:07
  Jerremy: more
• 5:08
  Jerremy: profitable.
• 5:08
  Dave: Well,
• 5:08
  Dave: here's
• 5:09
  Dave: the
• 5:09
  Dave: other
• 5:09
  Dave: side
• 5:09
  Dave: of
• 5:09
  Dave: this
• 5:10
  Dave: is
• 5:10
  Dave: that
• 5:10
  Dave: these
• 5:10
  Dave: companies
• 5:11
  Dave: also
• 5:11
  Dave: have
• 5:11
  Dave: to
• 5:11
  Dave: have
• 5:12
  Dave: somebody
• 5:12
  Dave: to
• 5:12
  Dave: sell
• 5:13
  Dave: their
• 5:13
  Dave: goods
• 5:13
  Dave: and
• 5:13
  Dave: services
• 5:14
  Dave: to,
• 5:14
  Dave: right?
• 5:15
  Jerremy: Mm-hmm.
• 5:15
  Dave: if
• 5:15
  Dave: the
• 5:15
  Dave: people
• 5:16
  Dave: that
• 5:16
  Dave: they
• 5:16
  Dave: sell
• 5:17
  Dave: their,
• 5:17
  Dave: their
• 5:17
  Dave: goods
• 5:18
  Dave: and
• 5:18
  Dave: services
• 5:18
  Dave: to
• 5:19
  Dave: are
• 5:19
  Dave: being
• 5:20
  Dave: replaced,
• 5:21
  Dave: in
• 5:21
  Dave: the,
• 5:21
  Dave: in
• 5:21
  Dave: the
• 5:21
  Dave: restructuring
• 5:22
  Dave: of
• 5:22
  Dave: the
• 5:22
  Dave: economy,
• 5:23
  Dave: then
• 5:24
  Dave: your
• 5:24
  Dave: product
• 5:25
  Dave: market
• 5:25
  Dave: fit
• 5:25
  Dave: is
• 5:25
  Dave: broken.
• 5:26
  Dave: So,
• 5:27
  Dave: it's
• 5:28
  Jerremy: no
• 5:28
  Jerremy: money
• 5:28
  Jerremy: for
• 5:28
  Jerremy: your
• 5:28
  Jerremy: product.
• 5:29
  Dave: I
• 5:30
  Dave: mean,
• 5:30
  Dave: people
• 5:30
  Dave: are
• 5:30
  Dave: gonna
• 5:30
  Dave: stop
• 5:31
  Dave: buying
• 5:31
  Dave: it,
• 5:31
  Dave: like
• 5:32
  Dave: people
• 5:33
  Dave: still
• 5:33
  Dave: buy
• 5:33
  Dave: buy
• 5:33
  Dave: records,
• 5:34
  Dave: but
• 5:34
  Dave: it's
• 5:34
  Dave: not
• 5:34
  Dave: gonna,
• 5:35
  Dave: you're
• 5:35
  Dave: not
• 5:35
  Dave: gonna
• 5:35
  Dave: make
• 5:35
  Dave: a,
• 5:36
  Dave: make
• 5:36
  Dave: a,
• 5:36
  Dave: a
• 5:37
  Dave: killing
• 5:37
  Dave: on
• 5:37
  Dave: it,
• 5:37
  Jerremy: Yeah.
• 5:38
  Jerremy: Yeah.
• 5:39
  Jerremy: It's
• 5:39
  Jerremy: gonna
• 5:39
  Jerremy: be
• 5:39
  Jerremy: so
• 5:40
  Jerremy: fun
• 5:40
  Jerremy: to
• 5:40
  Jerremy: see
• 5:40
  Jerremy: how
• 5:40
  Jerremy: it
• 5:40
  Jerremy: changes,
• 5:41
  Jerremy: man.
• 5:41
  Jerremy: It
• 5:41
  Jerremy: really
• 5:41
  Jerremy: will.
• 5:42
  Jerremy: But
• 5:42
  Jerremy: I
• 5:42
  Jerremy: mean,
• 5:43
  Dave: That's
• 5:43
  Dave: one
• 5:43
  Dave: word
• 5:43
  Dave: for
• 5:43
  Dave: it.
• 5:44
  Jerremy: yeah.
• 5:44
  Jerremy: But
• 5:44
  Jerremy: 4
• 5:44
  Jerremy: 0
• 5:45
  Jerremy: 1
• 5:45
  Jerremy: Ks
• 5:45
  Jerremy: pensions,
• 5:46
  Jerremy: like
• 5:47
  Jerremy: those
• 5:47
  Jerremy: are,
• 5:48
  Jerremy: those
• 5:48
  Jerremy: are
• 5:49
  Jerremy: going
• 5:49
  Jerremy: to
• 5:49
  Jerremy: need
• 5:49
  Jerremy: to
• 5:49
  Jerremy: shift.
• 5:50
  Jerremy: I
• 5:50
  Jerremy: mean
• 5:50
  Jerremy: by,
• 5:51
  Jerremy: by
• 5:51
  Jerremy: 2023.
• 5:52
  Jerremy: So
• 5:52
  Jerremy: not
• 5:53
  Jerremy: that,
• 5:53
  Jerremy: that
• 5:53
  Jerremy: long
• 5:53
  Jerremy: ago,
• 5:55
  Jerremy: 15%
• 5:55
  Jerremy: of
• 5:56
  Jerremy: private
• 5:56
  Jerremy: industry
• 5:57
  Jerremy: workers
• 5:57
  Jerremy: had
• 5:57
  Jerremy: access
• 5:58
  Jerremy: to
• 5:58
  Jerremy: a
• 5:58
  Jerremy: defined
• 5:58
  Jerremy: benefit
• 5:59
  Jerremy: plan.
• 6:00
  Jerremy: The
• 6:00
  Jerremy: financial
• 6:00
  Jerremy: contract
• 6:01
  Jerremy: between
• 6:01
  Jerremy: employer
• 6:02
  Jerremy: and
• 6:02
  Jerremy: employee
• 6:03
  Jerremy: had
• 6:03
  Jerremy: a
• 6:03
  Jerremy: big
• 6:03
  Jerremy: shift.
• 6:05
  Jerremy: retirement
• 6:05
  Jerremy: risk,
• 6:06
  Jerremy: if
• 6:06
  Jerremy: not
• 6:06
  Jerremy: all
• 6:06
  Jerremy: retirement
• 6:07
  Jerremy: risk
• 6:07
  Jerremy: transferred
• 6:08
  Jerremy: to
• 6:08
  Jerremy: individuals.
• 6:09
  Jerremy: So
• 6:10
  Jerremy: the
• 6:10
  Jerremy: company
• 6:10
  Jerremy: no
• 6:10
  Jerremy: longer
• 6:10
  Jerremy: has
• 6:10
  Jerremy: to
• 6:11
  Jerremy: have
• 6:11
  Jerremy: any
• 6:11
  Jerremy: retirement
• 6:12
  Jerremy: safety
• 6:13
  Jerremy: for
• 6:14
  Jerremy: their
• 6:14
  Jerremy: employees.
• 6:14
  Jerremy: Right.
• 6:15
  Jerremy: the
• 6:15
  Jerremy: company,
• 6:16
  Jerremy: company
• 6:16
  Jerremy: stopped
• 6:17
  Jerremy: guaranteeing
• 6:18
  Jerremy: the
• 6:18
  Jerremy: future.
• 6:19
  Dave: Yep.
• 6:19
  Jerremy: And
• 6:20
  Jerremy: that
• 6:20
  Jerremy: caused
• 6:21
  Jerremy: a
• 6:21
  Jerremy: big
• 6:21
  Jerremy: decline
• 6:22
  Jerremy: in
• 6:22
  Jerremy: employee
• 6:22
  Jerremy: loyalty.
• 6:23
  Jerremy: And
• 6:25
  Jerremy: again,
• 6:25
  Jerremy: I'm
• 6:25
  Jerremy: all
• 6:26
  Jerremy: for
• 6:26
  Jerremy: jobs,
• 6:26
  Jerremy: right?
• 6:26
  Jerremy: Keep
• 6:27
  Jerremy: that
• 6:27
  Jerremy: in
• 6:27
  Jerremy: mind
• 6:27
  Jerremy: for
• 6:27
  Jerremy: people
• 6:27
  Jerremy: who
• 6:28
  Jerremy: are,
• 6:28
  Jerremy: are
• 6:28
  Jerremy: working
• 6:28
  Jerremy: in
• 6:28
  Jerremy: jobs,
• 6:28
  Jerremy: I'm
• 6:29
  Jerremy: all
• 6:29
  Jerremy: for
• 6:29
  Jerremy: it.
• 6:29
  Jerremy: I,
• 6:29
  Jerremy: I
• 6:29
  Jerremy: would
• 6:30
  Jerremy: love
• 6:30
  Jerremy: for
• 6:30
  Jerremy: our
• 6:30
  Jerremy: companies
• 6:31
  Jerremy: to
• 6:31
  Jerremy: take
• 6:31
  Jerremy: care
• 6:32
  Jerremy: to
• 6:32
  Jerremy: take
• 6:32
  Jerremy: better
• 6:32
  Jerremy: care
• 6:33
  Jerremy: of
• 6:34
  Jerremy: their
• 6:34
  Jerremy: employees.
• 6:34
  Jerremy: But
• 6:36
  Jerremy: the
• 6:36
  Jerremy: commonly
• 6:36
  Jerremy: misattributed,
• 6:37
  Jerremy: the
• 6:37
  Jerremy: 401k
• 6:39
  Jerremy: is
• 6:39
  Jerremy: presented
• 6:39
  Jerremy: as
• 6:40
  Jerremy: like
• 6:40
  Jerremy: a
• 6:40
  Jerremy: deliberate
• 6:40
  Jerremy: policy
• 6:41
  Jerremy: to
• 6:41
  Jerremy: help
• 6:41
  Jerremy: workers
• 6:42
  Jerremy: build
• 6:42
  Jerremy: wealth.
• 6:43
  Jerremy: But
• 6:43
  Jerremy: it
• 6:43
  Jerremy: was
• 6:43
  Jerremy: originally
• 6:44
  Jerremy: a
• 6:44
  Jerremy: corporate
• 6:44
  Jerremy: cost
• 6:44
  Jerremy: savings
• 6:45
  Jerremy: opportunity
• 6:45
  Jerremy: built
• 6:46
  Jerremy: on
• 6:46
  Jerremy: an
• 6:46
  Jerremy: accidental
• 6:46
  Jerremy: tax
• 6:47
  Jerremy: provision.
• 6:47
  Dave: Yeah.
• 6:48
  Jerremy: And
• 6:48
  Jerremy: so
• 6:48
  Jerremy: it
• 6:48
  Jerremy: is
• 6:49
  Jerremy: the
• 6:49
  Jerremy: only
• 6:50
  Jerremy: way
• 6:51
  Jerremy: now,
• 6:51
  Jerremy: that
• 6:52
  Jerremy: 85%
• 6:54
  Jerremy: of
• 6:54
  Jerremy: people
• 6:54
  Jerremy: are
• 6:55
  Jerremy: saving
• 6:55
  Jerremy: for
• 6:55
  Jerremy: their
• 6:55
  Jerremy: future.
• 6:56
  Jerremy: It's
• 6:56
  Jerremy: like,
• 6:56
  Jerremy: oh,
• 6:56
  Jerremy: I
• 6:56
  Jerremy: got
• 6:56
  Jerremy: a
• 6:56
  Jerremy: 401k,
• 6:57
  Jerremy: and
• 6:58
  Jerremy: they
• 6:58
  Jerremy: don't
• 6:58
  Jerremy: contribute
• 6:59
  Jerremy: to
• 6:59
  Jerremy: it
• 6:59
  Jerremy: enough.
• 7:00
  Jerremy: Right?
• 7:01
  Jerremy: It's
• 7:01
  Jerremy: way
• 7:01
  Jerremy: undervalued.
• 7:02
  Jerremy: And
• 7:02
  Jerremy: the
• 7:02
  Jerremy: average
• 7:03
  Jerremy: 401k
• 7:04
  Jerremy: right
• 7:04
  Jerremy: now
• 7:04
  Jerremy: in
• 7:04
  Jerremy: the
• 7:04
  Jerremy: United
• 7:05
  Jerremy: States
• 7:05
  Jerremy: of
• 7:05
  Jerremy: America
• 7:05
  Jerremy: is
• 7:05
  Jerremy: $97,369.
• 7:08
  Dave: Oof.
• 7:09
  Jerremy: That
• 7:09
  Jerremy: is
• 7:09
  Jerremy: not
• 7:10
  Jerremy: good.
• 7:10
  Jerremy: And
• 7:11
  Jerremy: that's
• 7:11
  Jerremy: the
• 7:11
  Jerremy: only
• 7:12
  Jerremy: real
• 7:13
  Jerremy: retirement
• 7:13
  Jerremy: that
• 7:14
  Jerremy: the
• 7:14
  Jerremy: vast
• 7:14
  Jerremy: majority
• 7:15
  Jerremy: of
• 7:15
  Jerremy: this
• 7:15
  Jerremy: country
• 7:15
  Jerremy: puts
• 7:16
  Jerremy: towards
• 7:16
  Jerremy: it.
• 7:16
  Jerremy: And
• 7:17
  Jerremy: I,
• 7:17
  Jerremy: I
• 7:17
  Jerremy: think
• 7:17
  Jerremy: that
• 7:17
  Jerremy: it's
• 7:19
  Jerremy: again,
• 7:19
  Jerremy: something
• 7:19
  Jerremy: not
• 7:19
  Jerremy: talked
• 7:19
  Jerremy: about,
• 7:19
  Jerremy: it's
• 7:20
  Jerremy: not
• 7:20
  Jerremy: talked
• 7:20
  Jerremy: about
• 7:20
  Jerremy: in
• 7:20
  Jerremy: school.
• 7:21
  Jerremy: It's
• 7:21
  Jerremy: not
• 7:21
  Jerremy: focused
• 7:21
  Jerremy: on
• 7:21
  Jerremy: enough.
• 7:22
  Jerremy: It's
• 7:22
  Jerremy: not
• 7:22
  Jerremy: determined
• 7:23
  Jerremy: enough.
• 7:23
  Jerremy: But
• 7:24
  Jerremy: there
• 7:24
  Jerremy: does
• 7:24
  Jerremy: need
• 7:24
  Jerremy: to
• 7:24
  Jerremy: be
• 7:25
  Jerremy: other,
• 7:26
  Jerremy: other
• 7:26
  Jerremy: plans.
• 7:27
  Jerremy: Like
• 7:27
  Jerremy: you
• 7:28
  Jerremy: have
• 7:28
  Jerremy: traditional
• 7:28
  Jerremy: IRA
• 7:29
  Jerremy: and
• 7:29
  Jerremy: you
• 7:29
  Jerremy: have,
• 7:30
  Jerremy: which
• 7:31
  Jerremy: you
• 7:31
  Jerremy: have
• 7:31
  Jerremy: a
• 7:31
  Jerremy: max
• 7:31
  Jerremy: that
• 7:31
  Jerremy: you
• 7:32
  Jerremy: can
• 7:32
  Jerremy: contribute
• 7:32
  Jerremy: to
• 7:32
  Jerremy: a
• 7:32
  Jerremy: year.
• 7:33
  Jerremy: You
• 7:33
  Jerremy: have
• 7:33
  Jerremy: a
• 7:33
  Jerremy: Roth
• 7:34
  Jerremy: IRA,
• 7:35
  Jerremy: which
• 7:35
  Jerremy: you
• 7:35
  Jerremy: have
• 7:35
  Jerremy: a
• 7:35
  Jerremy: max
• 7:36
  Jerremy: that
• 7:36
  Jerremy: you
• 7:36
  Jerremy: can
• 7:36
  Jerremy: contribute
• 7:36
  Jerremy: to
• 7:37
  Jerremy: a
• 7:37
  Jerremy: year.
• 7:37
  Jerremy: Or
• 7:38
  Jerremy: if
• 7:38
  Jerremy: you
• 7:38
  Jerremy: make
• 7:39
  Jerremy: too
• 7:39
  Jerremy: much
• 7:39
  Jerremy: money,
• 7:40
  Jerremy: you
• 7:40
  Jerremy: can't
• 7:40
  Jerremy: contribute
• 7:40
  Jerremy: to
• 7:41
  Jerremy: it
• 7:41
  Jerremy: at
• 7:41
  Jerremy: all.
• 7:42
  Dave: Right.
• 7:43
  Jerremy: And
• 7:43
  Jerremy: so
• 7:43
  Jerremy: there's,
• 7:44
  Jerremy: there's
• 7:44
  Jerremy: going
• 7:44
  Jerremy: to
• 7:44
  Jerremy: need
• 7:45
  Jerremy: to
• 7:45
  Jerremy: be
• 7:45
  Jerremy: some
• 7:45
  Jerremy: other
• 7:45
  Jerremy: things
• 7:45
  Jerremy: that
• 7:46
  Jerremy: are
• 7:46
  Jerremy: kind
• 7:46
  Jerremy: of
• 7:46
  Jerremy: forced
• 7:46
  Jerremy: because
• 7:46
  Jerremy: again,
• 7:47
  Jerremy: ultimately
• 7:47
  Jerremy: if
• 7:47
  Jerremy: other,
• 7:48
  Jerremy: if
• 7:48
  Jerremy: the
• 7:49
  Jerremy: employee
• 7:49
  Jerremy: workforce
• 7:49
  Jerremy: declines,
• 7:51
  Jerremy: you're
• 7:51
  Jerremy: gonna
• 7:51
  Jerremy: need
• 7:51
  Jerremy: a
• 7:51
  Jerremy: large
• 7:52
  Jerremy: influx
• 7:52
  Jerremy: of
• 7:52
  Jerremy: individuals
• 7:53
  Jerremy: and
• 7:53
  Jerremy: companies
• 7:54
  Jerremy: and
• 7:54
  Jerremy: people
• 7:54
  Jerremy: and,
• 7:55
  Jerremy: and
• 7:55
  Jerremy: teams
• 7:55
  Jerremy: that
• 7:55
  Jerremy: help
• 7:55
  Jerremy: other
• 7:56
  Jerremy: people
• 7:56
  Jerremy: learn
• 7:56
  Jerremy: how
• 7:56
  Jerremy: to
• 7:57
  Jerremy: invest.
• 7:57
  Jerremy: Know
• 7:57
  Jerremy: when
• 7:57
  Jerremy: to
• 7:57
  Jerremy: invest,
• 7:58
  Jerremy: know
• 7:58
  Jerremy: why,
• 7:58
  Jerremy: to
• 7:58
  Jerremy: invest,
• 7:58
  Jerremy: no
• 7:59
  Jerremy: where
• 8:00
  Jerremy: to
• 8:00
  Jerremy: put
• 8:00
  Jerremy: it,
• 8:00
  Jerremy: how
• 8:00
  Jerremy: to
• 8:00
  Jerremy: put
• 8:00
  Jerremy: it,
• 8:01
  Jerremy: what
• 8:01
  Jerremy: buttons
• 8:02
  Jerremy: suppress,
• 8:02
  Jerremy: what
• 8:02
  Jerremy: orders
• 8:03
  Jerremy: to
• 8:03
  Jerremy: use
• 8:04
  Jerremy: so
• 8:04
  Jerremy: that
• 8:04
  Jerremy: it
• 8:04
  Jerremy: can
• 8:04
  Jerremy: grow
• 8:04
  Jerremy: because
• 8:05
  Jerremy: it
• 8:05
  Jerremy: needs
• 8:05
  Jerremy: to,
• 8:05
  Jerremy: People
• 8:06
  Jerremy: are,
• 8:06
  Jerremy: are
• 8:06
  Jerremy: going
• 8:07
  Jerremy: to
• 8:07
  Jerremy: face
• 8:07
  Jerremy: extremely
• 8:08
  Jerremy: strong
• 8:08
  Jerremy: financial
• 8:09
  Jerremy: challenges,
• 8:10
  Jerremy: in
• 8:10
  Jerremy: this,
• 8:11
  Jerremy: in
• 8:11
  Jerremy: this
• 8:11
  Jerremy: little
• 8:11
  Jerremy: turbulent
• 8:11
  Jerremy: market
• 8:12
  Jerremy: shift.
• 8:12
  Jerremy: It's,
• 8:12
  Jerremy: that's
• 8:12
  Jerremy: coming.
• 8:13
  Jerremy: I
• 8:13
  Jerremy: mean,
• 8:13
  Jerremy: it's
• 8:13
  Jerremy: un
• 8:14
  Jerremy: unequivocally
• 8:14
  Jerremy: coming.
• 8:16
  Dave: That
• 8:16
  Dave: was
• 8:16
  Dave: a
• 8:16
  Dave: big
• 8:16
  Dave: shift.
• 8:17
  Dave: My,
• 8:17
  Dave: my,
• 8:17
  Dave: my
• 8:18
  Dave: late
• 8:18
  Dave: wife
• 8:18
  Dave: actually,
• 8:19
  Dave: when,
• 8:19
  Dave: I
• 8:20
  Dave: was
• 8:20
  Dave: going
• 8:20
  Dave: through
• 8:20
  Dave: the
• 8:20
  Dave: estate,
• 8:21
  Dave: she
• 8:21
  Dave: actually
• 8:21
  Dave: had
• 8:22
  Dave: a,
• 8:22
  Dave: defined,
• 8:23
  Dave: pension,
• 8:23
  Dave: which
• 8:24
  Dave: I'd
• 8:24
  Dave: never
• 8:24
  Dave: seen
• 8:25
  Dave: because
• 8:25
  Dave: I,
• 8:25
  Dave: I
• 8:26
  Dave: started,
• 8:26
  Dave: she
• 8:27
  Dave: just
• 8:27
  Dave: happened
• 8:27
  Dave: to
• 8:27
  Dave: be
• 8:27
  Dave: in
• 8:27
  Dave: a,
• 8:28
  Dave: in
• 8:28
  Dave: a
• 8:28
  Dave: field
• 8:28
  Dave: that
• 8:29
  Dave: still
• 8:29
  Dave: had,
• 8:30
  Dave: pen
• 8:30
  Dave: a,
• 8:31
  Dave: a
• 8:31
  Dave: defined
• 8:31
  Dave: pension
• 8:32
  Dave: plan.
• 8:32
  Dave: But
• 8:33
  Dave: what
• 8:33
  Dave: was
• 8:33
  Dave: really
• 8:33
  Dave: weird
• 8:34
  Dave: about
• 8:34
  Dave: it,
• 8:35
  Dave: unlike,
• 8:35
  Dave: like
• 8:35
  Dave: me
• 8:36
  Dave: who
• 8:36
  Dave: had
• 8:36
  Dave: 4
• 8:36
  Dave: 0
• 8:37
  Dave: 1
• 8:37
  Dave: ks,
• 8:37
  Dave: that's
• 8:37
  Dave: all
• 8:37
  Dave: I
• 8:38
  Dave: had,
• 8:39
  Dave: that
• 8:39
  Dave: defined,
• 8:40
  Dave: benefits
• 8:40
  Dave: thing.
• 8:42
  Dave: Paid
• 8:42
  Dave: out
• 8:42
  Dave: like
• 8:43
  Dave: pennies
• 8:43
  Dave: to
• 8:43
  Dave: the
• 8:43
  Dave: dollar
• 8:44
  Dave: right
• 8:44
  Dave: when
• 8:44
  Dave: she
• 8:44
  Dave: passed.
• 8:45
  Dave: So
• 8:45
  Dave: it
• 8:45
  Dave: wasn't
• 8:46
  Dave: real
• 8:46
  Dave: money,
• 8:46
  Dave: it
• 8:47
  Dave: was
• 8:47
  Dave: just
• 8:47
  Dave: like
• 8:47
  Dave: whatever
• 8:47
  Dave: they
• 8:48
  Dave: decided
• 8:48
  Dave: it
• 8:49
  Dave: was.
• 8:50
  Dave: because
• 8:50
  Dave: at
• 8:50
  Dave: some
• 8:51
  Dave: point
• 8:51
  Dave: they
• 8:51
  Dave: did
• 8:51
  Dave: transition
• 8:52
  Dave: the
• 8:52
  Dave: company
• 8:53
  Dave: into
• 8:53
  Dave: like
• 8:53
  Dave: 4
• 8:53
  Dave: 0
• 8:53
  Dave: 1
• 8:53
  Dave: Ks
• 8:54
  Dave: and
• 8:54
  Dave: got
• 8:54
  Dave: out
• 8:54
  Dave: of
• 8:54
  Dave: it.
• 8:54
  Dave: And
• 8:55
  Dave: so
• 8:55
  Dave: she,
• 8:55
  Dave: whatever
• 8:55
  Dave: money
• 8:56
  Dave: that
• 8:56
  Dave: she
• 8:56
  Dave: had,
• 8:56
  Dave: set
• 8:57
  Dave: aside
• 8:57
  Dave: for
• 8:57
  Dave: her
• 8:58
  Dave: that
• 8:58
  Dave: was
• 8:58
  Dave: now
• 8:58
  Dave: part
• 8:59
  Dave: of
• 8:59
  Dave: the
• 8:59
  Dave: estate.
• 9:00
  Dave: I,
• 9:00
  Dave: I
• 9:00
  Dave: mean,
• 9:00
  Dave: I
• 9:01
  Dave: think
• 9:01
  Dave: it
• 9:01
  Dave: was
• 9:01
  Dave: like,
• 9:01
  Dave: 10
• 9:02
  Dave: or
• 9:02
  Dave: $15,000
• 9:03
  Dave: that,
• 9:03
  Dave: that
• 9:04
  Dave: they
• 9:04
  Dave: sent
• 9:04
  Dave: me
• 9:04
  Dave: a
• 9:04
  Dave: check
• 9:04
  Dave: for.
• 9:05
  Dave: But
• 9:05
  Dave: that's,
• 9:05
  Dave: like
• 9:06
  Dave: that
• 9:06
  Dave: wouldn't
• 9:06
  Dave: have,
• 9:07
  Dave: it
• 9:07
  Dave: was
• 9:07
  Dave: not
• 9:08
  Dave: much.
• 9:08
  Dave: It
• 9:08
  Dave: was
• 9:08
  Dave: like
• 9:08
  Dave: 10
• 9:08
  Dave: or
• 9:08
  Dave: $15,000.
• 9:10
  Jerremy: What?
• 9:10
  Dave: Right.
• 9:11
  Jerremy: I
• 9:12
  Jerremy: was
• 9:12
  Jerremy: like,
• 9:12
  Jerremy: is
• 9:12
  Jerremy: that
• 9:12
  Jerremy: a
• 9:12
  Jerremy: typo
• 9:12
  Jerremy: in
• 9:13
  Jerremy: your
• 9:13
  Jerremy: voice?
• 9:13
  Jerremy: I'm
• 9:13
  Jerremy: confused.
• 9:14
  Jerremy: I'm
• 9:15
  Jerremy: confused.
• 9:16
  Jerremy: dude.
• 9:17
  Jerremy: So,
• 9:17
  Jerremy: yeah,
• 9:17
  Dave: so.
• 9:18
  Jerremy: had
• 9:18
  Jerremy: this
• 9:18
  Jerremy: big
• 9:18
  Jerremy: number
• 9:18
  Jerremy: that
• 9:18
  Jerremy: was
• 9:19
  Jerremy: there.
• 9:19
  Jerremy: They
• 9:19
  Jerremy: didn't
• 9:20
  Jerremy: have
• 9:20
  Jerremy: to
• 9:20
  Jerremy: do
• 9:20
  Jerremy: anything
• 9:20
  Jerremy: with
• 9:20
  Jerremy: it.
• 9:21
  Dave: No.
• 9:21
  Dave: Yeah,
• 9:21
  Dave: it
• 9:22
  Dave: is
• 9:22
  Dave: like,
• 9:22
  Dave: Hey,
• 9:22
  Dave: this
• 9:23
  Dave: is
• 9:23
  Dave: worth
• 9:23
  Dave: hundreds
• 9:23
  Dave: of
• 9:23
  Dave: thousands
• 9:24
  Dave: of
• 9:24
  Dave: dollars,
• 9:24
  Dave: but
• 9:24
  Dave: here's
• 9:24
  Dave: your
• 9:24
  Dave: $15,000
• 9:25
  Dave: check.
• 9:25
  Dave: I'm
• 9:25
  Dave: like,
• 9:26
  Dave: oh,
• 9:26
  Dave: okay,
• 9:26
  Dave: great.
• 9:27
  Dave: And
• 9:27
  Dave: there's
• 9:27
  Dave: nothing
• 9:27
  Dave: you
• 9:27
  Dave: could
• 9:28
  Dave: do
• 9:28
  Dave: about
• 9:28
  Dave: it.
• 9:28
  Dave: So
• 9:29
  Dave: I
• 9:29
  Dave: appreciated
• 9:30
  Dave: 4
• 9:30
  Dave: 0
• 9:30
  Dave: 1
• 9:30
  Dave: Ks
• 9:30
  Dave: because
• 9:31
  Dave: I
• 9:31
  Dave: didn't
• 9:31
  Dave: know
• 9:31
  Dave: anything
• 9:31
  Dave: better
• 9:31
  Dave: about
• 9:32
  Dave: it,
• 9:32
  Dave: but
• 9:32
  Dave: I,
• 9:32
  Dave: what
• 9:32
  Dave: I
• 9:32
  Dave: didn't
• 9:33
  Dave: know
• 9:33
  Dave: until
• 9:33
  Dave: actually
• 9:33
  Dave: looking
• 9:34
  Dave: at
• 9:34
  Dave: this,
• 9:34
  Dave: that
• 9:34
  Dave: it
• 9:34
  Dave: was
• 9:34
  Dave: never
• 9:35
  Dave: meant
• 9:35
  Dave: to
• 9:35
  Dave: be
• 9:35
  Dave: a
• 9:35
  Dave: retirement
• 9:36
  Dave: thing.
• 9:37
  Dave: like
• 9:37
  Dave: we
• 9:37
  Dave: pitch
• 9:37
  Dave: it
• 9:37
  Dave: as
• 9:38
  Dave: a
• 9:38
  Dave: 401k
• 9:39
  Dave: is
• 9:39
  Dave: actually
• 9:39
  Dave: the
• 9:39
  Dave: tax
• 9:40
  Dave: code.
• 9:40
  Dave: That's
• 9:40
  Dave: what
• 9:40
  Dave: that
• 9:41
  Dave: means.
• 9:41
  Dave: I
• 9:41
  Dave: had
• 9:41
  Dave: no
• 9:41
  Dave: idea
• 9:42
  Dave: that
• 9:42
  Dave: 401k
• 9:43
  Dave: is,
• 9:43
  Dave: if
• 9:44
  Dave: you
• 9:44
  Dave: looked
• 9:44
  Dave: up
• 9:44
  Dave: the,
• 9:45
  Dave: the,
• 9:46
  Dave: the
• 9:46
  Dave: 401k
• 9:47
  Dave: section
• 9:48
  Dave: of
• 9:48
  Dave: the
• 9:48
  Dave: tax
• 9:48
  Dave: code,
• 9:48
  Dave: it
• 9:49
  Dave: would
• 9:49
  Dave: say
• 9:49
  Dave: this,
• 9:50
  Dave: like,
• 9:50
  Dave: no,
• 9:51
  Dave: it's
• 9:51
  Dave: not,
• 9:52
  Dave: it's
• 9:52
  Dave: not
• 9:52
  Dave: for
• 9:53
  Dave: retirement.
• 9:54
  Dave: It's
• 9:54
  Dave: a
• 9:54
  Dave: tax
• 9:55
  Dave: thing.
• 9:56
  Jerremy: yeah,
• 9:56
  Jerremy: yeah,
• 9:56
  Dave: And,
• 9:57
  Dave: it
• 9:57
  Dave: was
• 9:57
  Dave: meant
• 9:57
  Dave: for
• 9:58
  Dave: people
• 9:58
  Dave: who
• 9:58
  Dave: had
• 9:58
  Dave: like
• 9:59
  Dave: options
• 10:00
  Dave: and,
• 10:00
  Dave: and,
• 10:00
  Dave: it
• 10:00
  Dave: was
• 10:00
  Dave: for
• 10:01
  Dave: senior
• 10:01
  Dave: leadership.
• 10:02
  Dave: It
• 10:02
  Dave: wasn't
• 10:02
  Dave: meant
• 10:02
  Dave: to
• 10:02
  Dave: be
• 10:02
  Dave: what
• 10:02
  Dave: everything
• 10:03
  Dave: everybody
• 10:03
  Dave: does.
• 10:04
  Dave: And
• 10:04
  Dave: then
• 10:05
  Dave: when
• 10:05
  Dave: I
• 10:06
  Dave: got
• 10:06
  Dave: my
• 10:06
  Dave: 401k,
• 10:07
  Dave: like
• 10:07
  Dave: they,
• 10:07
  Dave: they
• 10:08
  Dave: did
• 10:08
  Dave: a
• 10:08
  Dave: pretty
• 10:08
  Dave: generous
• 10:09
  Dave: match.
• 10:09
  Dave: And
• 10:09
  Dave: so
• 10:10
  Dave: I
• 10:10
  Dave: maxed
• 10:10
  Dave: it
• 10:10
  Dave: out
• 10:10
  Dave: every
• 10:11
  Dave: year,
• 10:11
  Dave: but
• 10:11
  Dave: you
• 10:12
  Dave: could
• 10:12
  Dave: max
• 10:12
  Dave: it
• 10:12
  Dave: out.
• 10:13
  Dave: But
• 10:13
  Dave: that
• 10:13
  Dave: was
• 10:13
  Dave: it.
• 10:14
  Dave: there
• 10:14
  Dave: was
• 10:14
  Dave: no
• 10:14
  Dave: extra
• 10:15
  Dave: money.
• 10:15
  Dave: And
• 10:15
  Dave: then
• 10:15
  Dave: I
• 10:15
  Dave: had
• 10:16
  Dave: to
• 10:16
  Dave: invest
• 10:17
  Dave: into
• 10:17
  Dave: the
• 10:18
  Dave: companies
• 10:18
  Dave: that
• 10:18
  Dave: they
• 10:18
  Dave: said
• 10:19
  Dave: I
• 10:19
  Dave: could
• 10:19
  Dave: invest
• 10:19
  Dave: in.
• 10:19
  Dave: Like,
• 10:20
  Dave: there
• 10:20
  Dave: was
• 10:20
  Dave: like
• 10:20
  Dave: six
• 10:20
  Dave: brokerages,
• 10:21
  Dave: right?
• 10:22
  Dave: so
• 10:23
  Dave: I,
• 10:23
  Dave: I
• 10:23
  Dave: don't
• 10:23
  Dave: know
• 10:23
  Dave: what
• 10:23
  Dave: 4
• 10:23
  Dave: 0
• 10:24
  Dave: 1
• 10:24
  Dave: Ks
• 10:24
  Dave: are
• 10:24
  Dave: today,
• 10:24
  Dave: but
• 10:25
  Dave: I
• 10:25
  Dave: think
• 10:25
  Dave: if,
• 10:25
  Dave: if
• 10:25
  Dave: people
• 10:26
  Dave: are
• 10:26
  Dave: counting
• 10:26
  Dave: it
• 10:26
  Dave: on
• 10:27
  Dave: them
• 10:27
  Dave: as
• 10:27
  Dave: retirement,
• 10:28
  Dave: I
• 10:28
  Dave: think
• 10:28
  Dave: that
• 10:29
  Dave: that's,
• 10:29
  Dave: that's,
• 10:30
  Dave: who
• 10:31
  Dave: you
• 10:31
  Dave: know.
• 10:31
  Dave: And
• 10:31
  Dave: what
• 10:31
  Dave: were
• 10:32
  Dave: you
• 10:32
  Dave: just
• 10:32
  Dave: saying?
• 10:32
  Dave: Most
• 10:32
  Dave: people
• 10:33
  Dave: aren't
• 10:33
  Dave: even
• 10:33
  Dave: contributing
• 10:34
  Dave: to
• 10:34
  Dave: 'em.
• 10:34
  Dave: So
• 10:34
  Dave: if
• 10:34
  Dave: they're
• 10:34
  Dave: not
• 10:34
  Dave: even
• 10:35
  Dave: contributing
• 10:35
  Dave: to
• 10:35
  Dave: 'em,
• 10:36
  Dave: then
• 10:36
  Dave: you
• 10:36
  Dave: got
• 10:37
  Dave: social
• 10:37
  Dave: security,
• 10:37
  Dave: which
• 10:38
  Dave: is
• 10:38
  Dave: God
• 10:39
  Dave: only
• 10:39
  Dave: knows,
• 10:40
  Jerremy: God
• 10:41
  Jerremy: knows
• 10:41
  Jerremy: dude.
• 10:42
  Jerremy: That's
• 10:42
  Jerremy: exactly
• 10:42
  Jerremy: right.
• 10:42
  Jerremy: With
• 10:42
  Jerremy: Social
• 10:43
  Jerremy: Security,
• 10:43
  Jerremy: I
• 10:44
  Dave: And
• 10:44
  Dave: you
• 10:44
  Dave: can
• 10:45
  Dave: only
• 10:45
  Dave: work
• 10:45
  Dave: so
• 10:45
  Dave: long,
• 10:46
  Dave: or,
• 10:46
  Dave: you,
• 10:46
  Dave: you
• 10:47
  Dave: can
• 10:47
  Dave: technically
• 10:48
  Dave: work
• 10:48
  Dave: forever
• 10:48
  Dave: until,
• 10:49
  Dave: something
• 10:49
  Dave: comes
• 10:50
  Dave: up
• 10:50
  Dave: and
• 10:50
  Dave: says,
• 10:50
  Dave: no,
• 10:50
  Dave: you
• 10:50
  Dave: can't.
• 10:52
  Jerremy: yeah,
• 10:53
  Jerremy: if
• 10:53
  Jerremy: I'm
• 10:53
  Jerremy: being
• 10:54
  Jerremy: honest,
• 10:54
  Jerremy: I
• 10:54
  Jerremy: don't
• 10:54
  Jerremy: even
• 10:55
  Jerremy: know
• 10:55
  Jerremy: if
• 10:55
  Jerremy: I'm
• 10:55
  Jerremy: gonna
• 10:55
  Jerremy: get,
• 10:56
  Jerremy: like,
• 10:57
  Jerremy: I
• 10:57
  Jerremy: don't
• 10:57
  Jerremy: even
• 10:57
  Jerremy: know
• 10:57
  Jerremy: if
• 10:57
  Jerremy: I'm,
• 10:57
  Jerremy: I'm
• 10:58
  Jerremy: eligible
• 10:58
  Jerremy: to
• 10:58
  Jerremy: get
• 10:58
  Jerremy: Social
• 10:58
  Jerremy: Security
• 10:59
  Jerremy: in
• 10:59
  Jerremy: 30
• 10:59
  Jerremy: years.
• 10:59
  Jerremy: I
• 10:59
  Jerremy: don't
• 11:00
  Jerremy: even
• 11:00
  Jerremy: know
• 11:00
  Jerremy: what
• 11:00
  Jerremy: it
• 11:00
  Jerremy: is.
• 11:01
  Jerremy: I,
• 11:01
  Jerremy: I
• 11:01
  Jerremy: am
• 11:01
  Jerremy: so
• 11:02
  Jerremy: assuming
• 11:02
  Jerremy: that
• 11:03
  Jerremy: it's
• 11:03
  Jerremy: not
• 11:03
  Jerremy: gonna
• 11:03
  Jerremy: happen
• 11:03
  Jerremy: for
• 11:03
  Jerremy: me,
• 11:04
  Jerremy: that
• 11:04
  Jerremy: it's
• 11:04
  Jerremy: not
• 11:04
  Jerremy: even
• 11:04
  Jerremy: in
• 11:04
  Jerremy: my
• 11:04
  Jerremy: wheelhouse.
• 11:05
  Dave: You
• 11:05
  Dave: might
• 11:06
  Dave: not
• 11:06
  Dave: have
• 11:06
  Dave: worked
• 11:06
  Dave: long
• 11:07
  Dave: enough
• 11:07
  Dave: in
• 11:07
  Dave: a
• 11:07
  Dave: W2
• 11:08
  Dave: job.
• 11:09
  Jerremy: Promise,
• 11:09
  Jerremy: unemployable.
• 11:11
  Dave: Well,
• 11:11
  Dave: no,
• 11:11
  Dave: you
• 11:11
  Dave: were
• 11:12
  Dave: doing
• 11:12
  Dave: your
• 11:12
  Dave: own
• 11:12
  Dave: thing.
• 11:12
  Dave: Like
• 11:13
  Dave: you
• 11:13
  Dave: had
• 11:13
  Dave: to
• 11:13
  Dave: be
• 11:13
  Dave: in
• 11:13
  Dave: a
• 11:13
  Dave: W2
• 11:14
  Dave: job
• 11:14
  Dave: for
• 11:15
  Dave: I
• 11:15
  Dave: think
• 11:15
  Dave: five
• 11:15
  Dave: or
• 11:15
  Dave: six
• 11:16
  Dave: years,
• 11:16
  Dave: and
• 11:16
  Dave: then
• 11:16
  Dave: you
• 11:16
  Dave: get
• 11:16
  Dave: the
• 11:16
  Dave: minimum.
• 11:17
  Dave: You,
• 11:17
  Dave: you
• 11:17
  Dave: should
• 11:17
  Dave: get
• 11:17
  Dave: a,
• 11:18
  Dave: benefits
• 11:18
  Dave: if
• 11:18
  Dave: you
• 11:19
  Dave: go
• 11:19
  Dave: into
• 11:19
  Dave: Social
• 11:19
  Dave: Security.
• 11:20
  Jerremy: I
• 11:20
  Jerremy: got
• 11:20
  Jerremy: five
• 11:20
  Dave: Okay.
• 11:21
  Dave: All
• 11:21
  Dave: right.
• 11:22
  Jerremy: I
• 11:22
  Dave: Go
• 11:22
  Dave: to
• 11:22
  Dave: social
• 11:22
  Dave: security.gov.
• 11:25
  Jerremy: how
• 11:25
  Jerremy: 412
• 11:26
  Jerremy: years
• 11:26
  Jerremy: old?
• 11:27
  Dave: you
• 11:27
  Dave: can
• 11:27
  Dave: get
• 11:27
  Dave: your,
• 11:28
  Dave: you
• 11:28
  Dave: can
• 11:28
  Dave: get
• 11:28
  Dave: your,
• 11:28
  Dave: whatever
• 11:29
  Dave: it
• 11:29
  Dave: is
• 11:29
  Dave: you're,
• 11:29
  Dave: you're
• 11:29
  Dave: eligible
• 11:30
  Dave: for,
• 11:30
  Dave: you
• 11:30
  Dave: just
• 11:30
  Dave: go
• 11:31
  Dave: onto
• 11:31
  Dave: the
• 11:31
  Dave: social
• 11:31
  Dave: security
• 11:32
  Dave: website
• 11:32
  Dave: and,
• 11:33
  Dave: request
• 11:33
  Dave: your,
• 11:33
  Dave: your,
• 11:34
  Jerremy: Pumped.
• 11:35
  Dave: your,
• 11:35
  Dave: data.
• 11:36
  Dave: And
• 11:36
  Dave: you
• 11:36
  Dave: can
• 11:36
  Dave: see
• 11:36
  Dave: it'll
• 11:37
  Dave: actually
• 11:37
  Dave: say
• 11:37
  Dave: how
• 11:37
  Dave: much
• 11:37
  Dave: you
• 11:37
  Dave: made,
• 11:38
  Dave: and,
• 11:38
  Dave: the
• 11:38
  Dave: year
• 11:39
  Dave: and
• 11:39
  Dave: how
• 11:39
  Dave: much
• 11:39
  Dave: social
• 11:39
  Dave: security.
• 11:40
  Dave: Yeah.
• 11:40
  Dave: Not
• 11:41
  Dave: that
• 11:41
  Dave: any
• 11:41
  Dave: of
• 11:41
  Dave: it's
• 11:41
  Dave: funded,
• 11:42
  Dave: but
• 11:42
  Jerremy: right?
• 11:43
  Jerremy: Yeah.
• 11:43
  Jerremy: Don't,
• 11:44
  Jerremy: let's
• 11:44
  Jerremy: not
• 11:44
  Jerremy: mention
• 11:45
  Jerremy: that
• 11:45
  Jerremy: the
• 11:45
  Jerremy: US
• 11:46
  Jerremy: has
• 11:46
  Jerremy: $145
• 11:47
  Jerremy: trillion
• 11:48
  Jerremy: of
• 11:48
  Jerremy: unfunded
• 11:49
  Jerremy: liabilities.
• 11:49
  Jerremy: They've
• 11:50
  Jerremy: conley,
• 11:51
  Jerremy: I
• 11:51
  Jerremy: don't
• 11:51
  Jerremy: even
• 11:51
  Jerremy: know
• 11:51
  Jerremy: what,
• 11:52
  Jerremy: 145
• 11:52
  Jerremy: trillion,
• 11:53
  Jerremy: I
• 11:53
  Jerremy: don't
• 11:53
  Jerremy: even
• 11:54
  Jerremy: know
• 11:54
  Jerremy: what
• 11:54
  Jerremy: a
• 11:54
  Jerremy: trillion
• 11:54
  Jerremy: is.
• 11:54
  Jerremy: I'm
• 11:55
  Dave: I,
• 11:55
  Jerremy: my
• 11:55
  Jerremy: way,
• 11:56
  Jerremy: figuring
• 11:56
  Jerremy: out
• 11:56
  Jerremy: what
• 11:56
  Jerremy: a
• 11:56
  Jerremy: billion
• 11:57
  Jerremy: is.
• 11:57
  Dave: I'll
• 11:57
  Dave: tell
• 11:57
  Dave: you,
• 11:58
  Dave: you
• 11:58
  Dave: wanna
• 11:59
  Dave: hear,
• 11:59
  Dave: you
• 11:59
  Dave: wanna
• 11:59
  Dave: hear
• 11:59
  Dave: It
• 12:00
  Dave: is,
• 12:00
  Jerremy: million
• 12:00
  Jerremy: millions.
• 12:01
  Dave: can
• 12:01
  Dave: do
• 12:01
  Dave: the
• 12:01
  Dave: math.
• 12:02
  Dave: I,
• 12:02
  Dave: I,
• 12:02
  Dave: let
• 12:03
  Dave: me,
• 12:03
  Jerremy: I
• 12:03
  Jerremy: get
• 12:03
  Jerremy: it.
• 12:03
  Jerremy: It's
• 12:03
  Dave: I'm
• 12:04
  Dave: a
• 12:04
  Dave: visually
• 12:05
  Dave: Okay.
• 12:06
  Jerremy: Unparallel
• 12:07
  Jerremy: large.
• 12:08
  Dave: You
• 12:08
  Dave: probably
• 12:09
  Dave: have
• 12:09
  Dave: a
• 12:09
  Dave: hundred
• 12:09
  Dave: dollars
• 12:10
  Dave: bill
• 12:10
  Dave: in
• 12:10
  Dave: your
• 12:10
  Dave: pocket
• 12:11
  Dave: right
• 12:11
  Dave: now.
• 12:11
  Dave: Right?
• 12:12
  Dave: So
• 12:13
  Dave: you
• 12:13
  Dave: get
• 12:13
  Dave: a
• 12:13
  Dave: stack
• 12:14
  Dave: of
• 12:14
  Dave: those,
• 12:14
  Dave: right?
• 12:15
  Dave: And
• 12:15
  Dave: then
• 12:16
  Dave: you
• 12:16
  Dave: get
• 12:16
  Dave: enough
• 12:16
  Dave: stacks
• 12:17
  Dave: of
• 12:17
  Dave: those
• 12:18
  Dave: to
• 12:18
  Dave: create
• 12:19
  Dave: an
• 12:19
  Dave: 11
• 12:20
  Dave: story
• 12:20
  Dave: building.
• 12:21
  Dave: 11
• 12:22
  Dave: stories
• 12:23
  Dave: up,
• 12:23
  Dave: 11
• 12:24
  Dave: stories
• 12:24
  Dave: cube.
• 12:25
  Jerremy: stories.
• 12:26
  Jerremy: I
• 12:26
  Jerremy: think
• 12:26
  Jerremy: you're,
• 12:26
  Jerremy: you're
• 12:26
  Jerremy: an
• 12:26
  Jerremy: 11
• 12:27
  Jerremy: story
• 12:27
  Jerremy: almost.
• 12:27
  Jerremy: 'cause
• 12:27
  Jerremy: you're
• 12:28
  Jerremy: in
• 12:28
  Jerremy: a
• 12:28
  Jerremy: penthouse.
• 12:28
  Jerremy: 'cause
• 12:28
  Jerremy: you're
• 12:28
  Jerremy: rich.
• 12:28
  Jerremy: Keep
• 12:29
  Jerremy: going.
• 12:29
  Dave: I'm
• 12:30
  Dave: a
• 12:30
  Dave: am
• 12:30
  Dave: on,
• 12:30
  Dave: I
• 12:30
  Dave: am
• 12:30
  Dave: on
• 12:30
  Dave: the
• 12:30
  Dave: 12th
• 12:31
  Dave: floor.
• 12:31
  Dave: Yeah.
• 12:32
  Jerremy: There
• 12:32
  Jerremy: you
• 12:32
  Jerremy: All
• 12:32
  Jerremy: right,
• 12:32
  Jerremy: so
• 12:32
  Jerremy: we're,
• 12:32
  Jerremy: we're
• 12:33
  Jerremy: at
• 12:33
  Jerremy: Dave,
• 12:33
  Jerremy: we're
• 12:33
  Jerremy: at
• 12:33
  Jerremy: Dave's
• 12:34
  Jerremy: house
• 12:34
  Dave: it's
• 12:35
  Dave: a.
• 12:35
  Jerremy: A
• 12:35
  Jerremy: hundred
• 12:35
  Jerremy: dollars
• 12:35
  Jerremy: bills.
• 12:36
  Dave: Block.
• 12:37
  Dave: so
• 12:37
  Dave: a
• 12:38
  Dave: billion
• 12:38
  Dave: dollars
• 12:38
  Dave: is
• 12:39
  Dave: about
• 12:39
  Dave: your
• 12:39
  Dave: living
• 12:40
  Dave: room
• 12:40
  Dave: full
• 12:40
  Dave: of,
• 12:41
  Dave: of
• 12:41
  Dave: a
• 12:41
  Dave: hundred
• 12:41
  Dave: dollars
• 12:41
  Dave: bills.
• 12:42
  Dave: It's
• 12:42
  Dave: a,
• 12:42
  Dave: it's
• 12:42
  Dave: like
• 12:42
  Dave: a
• 12:42
  Dave: living
• 12:43
  Dave: room.
• 12:43
  Dave: It's
• 12:43
  Dave: like
• 12:43
  Dave: 40,
• 12:44
  Dave: like
• 12:44
  Dave: 24.
• 12:44
  Dave: That's
• 12:44
  Dave: a
• 12:45
  Dave: billion
• 12:45
  Dave: dollars.
• 12:46
  Dave: A
• 12:46
  Dave: trillion
• 12:47
  Dave: is
• 12:47
  Dave: an
• 12:47
  Dave: 11
• 12:48
  Dave: story
• 12:48
  Dave: building
• 12:49
  Dave: of
• 12:49
  Dave: a
• 12:49
  Dave: hundred
• 12:50
  Dave: dollars
• 12:50
  Dave: bills.
• 12:51
  Dave: That's
• 12:51
  Dave: one.
• 12:52
  Dave: Right
• 12:52
  Dave: now,
• 12:53
  Dave: the
• 12:53
  Dave: current
• 12:53
  Dave: US
• 12:53
  Dave: debt
• 12:54
  Dave: is
• 12:54
  Dave: 40
• 12:55
  Dave: of
• 12:55
  Dave: those.
• 12:55
  Dave: I
• 12:56
  Dave: mean,
• 12:56
  Dave: that's
• 12:56
  Dave: like
• 12:56
  Dave: the
• 12:56
  Dave: biggest
• 12:57
  Dave: building
• 12:58
  Dave: that
• 12:58
  Dave: you
• 12:58
  Dave: could
• 12:58
  Dave: conceive
• 12:59
  Dave: of.
• 12:59
  Dave: That's
• 13:00
  Dave: one
• 13:00
  Dave: of
• 13:00
  Dave: those
• 13:00
  Dave: Abu
• 13:01
  Dave: Dhabi
• 13:01
  Dave: like,
• 13:02
  Dave: like
• 13:02
  Dave: buildings,
• 13:03
  Dave: two
• 13:04
  Dave: of
• 13:04
  Dave: 'em
• 13:04
  Dave: stacked
• 13:04
  Dave: together.
• 13:05
  Dave: like
• 13:05
  Dave: the
• 13:05
  Dave: biggest
• 13:06
  Dave: things
• 13:06
  Dave: that
• 13:06
  Dave: you
• 13:06
  Dave: can
• 13:06
  Dave: imagine.
• 13:07
  Dave: Imagine
• 13:07
  Dave: they're
• 13:07
  Dave: made
• 13:07
  Dave: outta
• 13:07
  Dave: a
• 13:07
  Dave: hundred
• 13:08
  Dave: dollars
• 13:08
  Dave: bills
• 13:08
  Dave: and
• 13:09
  Dave: that's,
• 13:09
  Dave: 40
• 13:10
  Dave: trillion.
• 13:10
  Dave: It's
• 13:10
  Dave: unimaginable.
• 13:13
  Jerremy: Crazy
• 13:14
  Jerremy: dude.
• 13:14
  Dave: I
• 13:14
  Dave: am
• 13:14
  Dave: like,
• 13:14
  Dave: well,
• 13:15
  Dave: this,
• 13:15
  Dave: this
• 13:15
  Dave: whole
• 13:16
  Dave: thing
• 13:16
  Dave: isn't
• 13:16
  Dave: about,
• 13:17
  Dave: national
• 13:17
  Dave: debt.
• 13:18
  Dave: We'll,
• 13:18
  Dave: we'll
• 13:18
  Dave: get
• 13:18
  Dave: back
• 13:18
  Dave: to
• 13:18
  Dave: that
• 13:19
  Dave: one.
• 13:19
  Dave: We
• 13:19
  Dave: did
• 13:19
  Dave: a,
• 13:19
  Dave: we
• 13:20
  Dave: did
• 13:20
  Dave: it
• 13:20
  Dave: for,
• 13:20
  Dave: for
• 13:21
  Dave: those
• 13:21
  Dave: listening,
• 13:21
  Dave: we
• 13:21
  Dave: did
• 13:21
  Dave: a
• 13:21
  Dave: test
• 13:22
  Dave: broadcast
• 13:22
  Dave: on
• 13:22
  Dave: national
• 13:23
  Dave: debt,
• 13:23
  Dave: or
• 13:23
  Dave: I
• 13:23
  Dave: don't
• 13:23
  Dave: know
• 13:23
  Dave: if
• 13:24
  Dave: we
• 13:24
  Dave: sent
• 13:24
  Dave: it
• 13:24
  Dave: out
• 13:24
  Dave: or
• 13:24
  Dave: not,
• 13:24
  Dave: but
• 13:25
  Dave: we
• 13:25
  Dave: had,
• 13:25
  Jerremy: we
• 13:25
  Dave: we
• 13:26
  Dave: had
• 13:26
  Dave: the
• 13:26
  Dave: craziest,
• 13:27
  Dave: coolest
• 13:28
  Dave: cast
• 13:28
  Dave: of
• 13:28
  Dave: characters,
• 13:30
  Dave: just
• 13:30
  Dave: like
• 13:30
  Dave: back
• 13:31
  Dave: and
• 13:31
  Dave: forth.
• 13:31
  Dave: And
• 13:31
  Dave: it's
• 13:31
  Dave: like
• 13:31
  Dave: crypto
• 13:32
  Dave: and
• 13:32
  Dave: like,
• 13:33
  Dave: we
• 13:33
  Dave: talk
• 13:33
  Dave: about
• 13:33
  Dave: everything.
• 13:34
  Dave: It's
• 13:34
  Dave: like,
• 13:34
  Dave: oh
• 13:34
  Dave: God,
• 13:35
  Dave: I,
• 13:35
  Jerremy: people
• 13:35
  Jerremy: argue
• 13:35
  Jerremy: about
• 13:35
  Jerremy: their
• 13:36
  Jerremy: plane,
• 13:36
  Jerremy: the
• 13:36
  Jerremy: size
• 13:37
  Jerremy: of
• 13:37
  Jerremy: their
• 13:37
  Jerremy: jets.
• 13:38
  Jerremy: It
• 13:38
  Jerremy: was
• 13:38
  Jerremy: a
• 13:38
  Jerremy: great
• 13:39
  Jerremy: convo.
• 13:39
  Jerremy: Great
• 13:40
  Jerremy: convo.
• 13:40
  Jerremy: So
• 13:41
  Dave: it's
• 13:41
  Dave: very
• 13:42
  Dave: relatable
• 13:42
  Dave: how
• 13:42
  Dave: big
• 13:43
  Dave: my
• 13:43
  Dave: bb
• 13:43
  Dave: j
• 13:44
  Dave: is.
• 13:44
  Dave: it's
• 13:45
  Dave: like,
• 13:45
  Dave: well,
• 13:45
  Dave: what
• 13:45
  Dave: about
• 13:46
  Dave: helicopters?
• 13:46
  Dave: And
• 13:47
  Dave: I'm
• 13:47
  Dave: like,
• 13:47
  Dave: oh
• 13:48
  Dave: God,
• 13:48
  Dave: really?
• 13:49
  Jerremy: yeah.
• 13:50
  Dave: guy.
• 13:51
  Alex: Companies
• 13:51
  Alex: off-loaded
• 13:52
  Alex: retirement
• 13:53
  Alex: risk
• 13:53
  Alex: onto
• 13:53
  Alex: workers,
• 13:54
  Alex: then
• 13:54
  Alex: stopped
• 13:55
  Alex: guaranteeing
• 13:55
  Alex: the
• 13:56
  Alex: future—and
• 13:57
  Alex: the
• 13:57
  Alex: Great
• 13:57
  Alex: Stay
• 13:57
  Alex: locked
• 13:58
  Alex: everyone
• 13:58
  Alex: in
• 13:58
  Alex: place
• 13:58
  Alex: with
• 13:59
  Alex: DEBT.
• 14:00
  Alex: The
• 14:00
  Alex: trap
• 14:00
  Alex: is
• 14:00
  Alex: set,
• 14:01
  Alex: the
• 14:01
  Alex: 401k
• 14:01
  Alex: is
• 14:02
  Alex: an
• 14:02
  Alex: accident,
• 14:02
  Alex: and
• 14:03
  Alex: the
• 14:03
  Alex: average
• 14:03
  Alex: balance
• 14:03
  Alex: won't
• 14:04
  Alex: cover
• 14:04
  Alex: two
• 14:04
  Alex: years...
• 14:06
  Alex: next,
• 14:06
  Alex: the
• 14:06
  Alex: hosts
• 14:07
  Alex: ask
• 14:07
  Alex: who
• 14:07
  Alex: in
• 14:07
  Alex: Washington
• 14:08
  Alex: is
• 14:08
  Alex: actually
• 14:08
  Alex: fixing
• 14:09
  Alex: this.