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Hey, everyone.

Welcome to The Big Picture Retirement Show.

I'm your host, Devin, and John, put the day off today.

But we are joined by two associates of my firm, Hell Advisor Group.

We have Alexander Davis and Alec Capel.

Now, they're not the same person.

And a lot of people confuse you guys for the same person.

But you're not.

I promise.

It's Alec and Alexander.

Yeah, and what have we resorted to to minimize the confusion on that Alec?

Well, we've had to start going long form on Alexander.

There's no Alex in this office.

Oh, absolutely not. No, that would be too confused. Not allowed in this office. People often tell me, you know, I was talking to Alec the other day about such and such. I know you were talking to Alexander. So anyway, welcome guys to the show. Glad to have you on. Alexander, you've been on once before. Alec, this is your first time on here. But you're well equipped and well qualified to come on and talk about some of this stuff that we're going to talk about today because the three of us look at a lot of portfolios. We see a lot of statements coming to this office. From people that are hiring us to do a retirement roadmap plan, one of the things we require is that they send us all their statements. We look at their portfolios, and as part of that, we do this miniature investment audit. But one of the main things is we want to

see how are they investing, right? If somebody comes in and says, hey, Devin, I want you to forecast a

7% rate of return. And then when they move everything over here, or when they give us their

statements, they've got all bonds.

Well, we have to have a conversation with them about realistic expectations.

So we do see a lot of statements.

And we see some, we see some crazy stuff.

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