5 • 741 Ratings
🗓️ 7 August 2023
⏱️ 79 minutes
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0:00.0 | It just means you're going to work until you die. And that was my dad's story, right? I mean, |
0:03.0 | he's kind of on the forefront of the baby boomers. He was born during World War II. |
0:07.0 | Because I remember sitting down with him. This was 20 years ago. And I'm looking at this. And he said, |
0:10.7 | hey, look at my finances. I'm 61 years old. I want to been doing everything right. And then when I sat down with him, I said, Dad, well, |
0:22.6 | based on what you have here, what you've saved your 401k, |
0:24.6 | even though you've been maxing it out, you paid off all your debt, |
0:27.6 | the problem is you better hope you die in five years, |
0:30.6 | because you will run out of money in five years without Social Security. |
0:33.6 | He was 61 at the time. I said, with Social Security, you could stretch out a little bit longer. And he's like, well, I don't want that to be the case. I like to live. And I said, |
0:43.5 | well, I don't know what to do for you, right? And that's the thing. As a financial advisor, |
0:47.4 | he was doing everything right. That's what got me out of financial advising. When I realized |
0:50.6 | even someone who did everything right couldn't retire, who expects anybody else to. |
0:55.4 | And we're seeing that today. |
0:57.0 | Hey everybody, thank you for joining us |
0:59.3 | for today's episode of Real Estate Disruptors. |
1:00.9 | Today we've got Chris Miles with Money Ripples |
1:03.5 | and Chris flew in from Provo, Utah, |
1:05.8 | talk about how to protect your assets |
1:07.9 | in the upcoming recession. |
1:10.2 | Now, I want to mention to create 100 millionaires. |
1:12.1 | Information on the show alone is enough to help you become a millionaire in the next five to seven years. |
1:17.1 | If you'll take consistent action, you will become one. And we all know the fastest way to become |
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