It's possible that you can invest too well. And it sounds weird because you're going, Ari,

I'd love to have more money. And if I could retire earlier, I want to retire early. I say, great, not really what I'm talking about today. What I mean is there are people that say, Ari, how do I have the best plan ever and follow all of these tips and strategies to the best degree I can? I say, you don't really want to do that. They go, what do you mean? Isn't that like exactly what you talk about? Isn't that why you do the podcast? I go, I do all of this so that you can live your best life, but not best life on paper or best life on a spreadsheet. It's really common for advisors I've seen to go, here's the tax strategy you need to go implement. Here's the best investment strategy. But if you're not sleeping well, or if you're foregoing taking a river rafting tour that I just

talked about with a client of mine an hour ago, but before, you know, implementing a tax strategy, or instead of implementing a tax strategy, should I say, then you're doing it wrong. The reality is go live your best life. Don't just say, hey, how do I have the best life on a spreadsheet? Because a lot of people will save and invest to the point going all right things and I go if you keep doing what you're doing your plan is going to look awesome but your life isn't and so it's how can you align the two to the point where of course you don't want to run out of money but you also don't want to look back and go wow I got millions of dollars. I wish I did spend a whole lot more. I wish I did all of these things while I had my energy and health because that's a big reality. Most people don't want to stop and look at because it's easier to just keep working. It's easier to move the goalposts and go, you know what? I said I need two million bucks. Nope, I need five. Once I have five, I'm good to go. Once I have 10, I'm good to go.

And it's really easy to do that, And I don't want you to do that. So today, I'm going to talk about the real risk and a framework so that you don't invest too well, which I know it's even weird, maybe hearing that. We want to invest really well for our clients when they have strict goals and intentions that they want to

accomplish. And for those that are just investing for the sake of investors, want to invest really well for our clients when they have strict goals and intentions that

they want to accomplish.

And for those that are just investing for the sake of investing, that's where the danger comes.

And so the review of the week, then I want to go over, first of all, comes from Jackson.

And Jackson says, Ari, appreciate the content and love that it's anti-fluff.

You hop right into the content, go over review, and fun stuff comes after that. I say, you're welcome, Jackson. Jackson goes on to say, I want to make sure that I don't leave anything on the table, but I also want to make sure that my spouse is okay. Do you have any other episodes addressing that she doesn't like money? I'm gonna imagine Jackson she does like money, but she doesn't like talking about money because a lot of spouses don't. And yes, I have podcasts that talk about that, but I would point you towards a YouTube video of mine that talks about how to make sure your spouse is okay. And a lot of you that reach out to me, you're probably the, maybe not the breadwinner all the time, but you are the person that's kind of spearheading, if you will, the financial aspect of your plan for your family. And so it's really hard to involve family members because either they go, Ari, 401ks are boring, or in this case, if you're listening, Jackson's going, Ari, my wife says 401ks are boring, and she doesn't want to

talk about compounding, she doesn't want to talk about taxes. I get it. But what she does want to talk about is what excitement she's looking forward to in retirement. And so, for example, I'd say, what are you most excited looking forward to? And she might say, I can't wait to be able to spend more time with grandchildren. I say, great. How much would you love to go take trips with grandchildren? And she

go, oh my gosh, I'd't wait to be able to spend more time with grandchildren. I say, great, how much

would you love to go take trips with grandchildren? And she go, oh my gosh, I'd love to do that. Maybe, you know, how much would you want to spend? And they go, I don't know, maybe 20,000 a year. That would be awesome. You say, great, this is what our 401k can support if that's what we want to do and they start to get a little bit more interested but too many people start with hey you know babe my

4 1k is at this level. Isn't that awesome? They're like, I don't know if that's a lot or a little, but I don't want to run out of money. And now you're just making me think about this. I'm actually more stressed than if you said nothing at all. So I know a lot of you are probably even laughing hearing that. But the reality is a lot of these conversations are not effective and you either

need a planner to help facilitate them or just a different framework. So Jackson, I would point you

towards, excuse me, my video on YouTube where I talk exactly about that and how to have that

conversation, how to frame it. But for today's episode, we're talking about what if you do invest too well

and how to make sure that you don't. the short answer is understand you know what you want to spend and have a plan that accounts for that but it's almost so high level that people go I kind of already know that like okay I want to spend call it 5,000 a month but then I want to spend a little bit more during my early retirement years while I have my energy and health then maybe it's going to shoot back up a little bit, maybe it's going to shoot back down, and then at the end, maybe it's way up with medical expenses or, you know what, I know I could have spent more, so I'm giving more at that time. There's a lot that goes on in your head, but here's how I want you to think through it. I don't want you to just do what's known as

Roth contributions forever. Now, I love Roth IRAs. A lot of people love Roth IRAs, but I don't

love any investment account. I love whatever makes most sense for your plan. And I find a lot of

advisors get married to Roth, and here's why. Roth accounts, you put money in, a lot of you

know this, it grows tax-free forever. So you don't get any benefit immediately today, but the growth happens tax-free forever. So some people go, oh my gosh, that's amazing. I mean, I want everything in Roth. But you could actually have too much in Roth accounts, or you could have all of your money in Roth accounts to the point where it actually would defeat the purpose, meaning you kind of invested too well. And here's what I mean by that. You actually want some pre-tax accounts. Now when I say that, like a 401k or an IRA, I can hear a lot of you already going, Ari, you just did an episode a week ago or two weeks ago about RMDs and how if I save and invest really well in my 401k and IRA, I'm going to have these big RMDs. I don't want that.

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