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Big Picture Retirement®

#002: Jacob and Esau

Big Picture Retirement®

Devin Carroll

News, Business News, Investing, Business

4.7546 Ratings

🗓️ 3 January 2017

⏱️ 26 minutes

🧾️ Download transcript

Summary

John shares the story of Jacob and Esau from the Bible to describe one of the most common mistakes people make in retirement.

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Transcript

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0:00.0

The Big Picture Retirement Show does not provide specific tax, legal, or financial advice.

0:05.3

Listeners are encouraged to seek out their own advisors in these areas.

0:10.4

This episode of Big Picture Retirement brought to you by AgingInSight.com, a website devoted to the health, housing, financial, and legal needs of seniors.

0:20.7

Visit Agingins insight.com.

0:29.7

Hey, everyone, and welcome to the big picture retirement show, where we deliver insight

0:34.2

on what you need to know for a meaningful retirement.

0:39.8

If you are living in or planning for retirement, this is the show for you. I'm Devin Carroll, and as always, I'm joined by my co-host,

0:46.2

John. Howdy? All right. So I've been looking forward to this episode. Yep. You said this one's

0:52.7

one of your favorites. It is. It is. So when you speak and I've been in the audience, I'll have to admit something. I've heard what you say over and over. And you give a great presentation. But after you've heard it a certain number of times, you know, it can get a little dry. Well, not necessarily dry, but, you know, it's, I've got other things to do, right?

1:13.2

I have emails to return and all, but there's always a spot when I look up and it's when you tell a certain story.

1:19.9

That's right. And that's what we're going to cover today. And it's a story right out of the Bible.

1:25.4

I'll let you take it from here. Right. because basically, you know, I give these speeches.

1:29.5

And often one of my favorite speeches, one of them that I have given literally hundreds, possibly thousands at this point of times, is the five biggest elder law mistakes that people make.

1:43.6

Yes.

1:44.0

And this story relates to number five,

1:46.7

which is the biggest, it's the most common mistake that people make out there. And essentially

1:52.4

it kind of boils down to what our whole purpose of this show is about. I mean, we're doing

1:58.6

big picture retirement planning here to try to encourage people

2:02.4

to plan. Right. That's the whole idea here. That's right. Now, we take a bit of a different

2:08.0

approach in the sense that we're not talking about just financial planning or just estate planning

2:13.7

or just health care planning or just tax planning.

2:17.8

We're combining all of these things into one show.

...

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