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Big Picture Retirement®

Lessons Learned from a Heart Attack

Big Picture Retirement®

Devin Carroll

News, Business News, Investing, Business

4.7546 Ratings

🗓️ 5 June 2023

⏱️ 36 minutes

🧾️ Download transcript

Summary

Devin shares a personal story of how technology and a professional's inability to interpret the output of that technology led to financial and psychological consequences. The experience was as eye-opening as it was terrifying and taught Devin a valuable lesson about the importance of second opinions and the limitations of relying solely on technology or established routines.

Devin's story doesn't stop at the medical mishap. Drawing parallels with the financial advisory industry, he discusses his dissatisfaction with financial advisors who are heavily reliant on software and fail to understand the nuances of the data output. He raises thought-provoking questions about the over-reliance on technology in today's world and emphasizes the importance of truly understanding the tools we use, whether it's an EKG machine or a financial planning software.

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Although this show does not provide specific tax, legal, or financial advice, you can engage Devin or John through their individual firms. 

Contact Devin's team at https://www.carrolladvisory.com/ 

Contact John's team at https://www.rossandshoalmire.com/ 

Transcript

Click on a timestamp to play from that location

0:00.0

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

0:04.3

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

0:11.0

Hey, everyone, welcome to the Big Picture Retirement Show.

0:13.7

I'm your host, Devin.

0:14.6

Join back today, thankfully, by my co-host, John Ross.

0:18.0

Howdy.

0:26.4

Thank you. by my co-host, John Ross. Howdy. John, good to have you back, sir.

0:28.5

Man, good to be back.

0:29.5

For your extended pre-summer vacation or whatever it was you were doing.

0:32.6

Well, I was speaking to the Association of Hospital Volunteers in a town just south of Austin.

0:43.5

Nice.

0:43.8

Their big annual convention and they wanted me to come down and give two different, two separate

0:49.6

programs so that all of their people would learn and I guess could pass that along to people who are wandering around aimlessly at the hospital. I never know where you are when I text you. Sometimes you'll text me back and say, oh, I'm in Scotland. Well, okay. I thought you were at your office today, but no, obviously not. Or who knows where it may be. Yeah, well, I go places.

1:11.2

You do, you do.

1:12.2

So I'm glad you're back, though.

1:13.5

So we can grab you and sit down and get some recording.

1:17.0

Yeah, knock out an episode.

1:18.0

Because we've got a lot of stuff to share with people.

1:19.9

Yeah, absolutely.

1:20.7

So what we're going to talk about today is a little bit more of a somber topic.

1:24.8

And it's about the lessons learned from a heart attack.

1:28.4

All right.

...

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