Why Working Hard Isn’t Enough to Retire Anymore
Ken McElroy Show
Ken McElroy
4.7 • 712 Ratings
🗓️ 18 December 2025
⏱️ 50 minutes
🧾️ Download transcript
Summary
Ken and Danille McElroy sit down with Ryan D. Lee to expose the uncomfortable truths behind retirement planning, financial freedom, and why most people are unknowingly playing a losing game. This conversation breaks down facts vs. feelings, systems over hustle, and what it really takes to retire without relying on Wall Street.
• • •
Check out Ryan's book at Amazon: https://amzn.to/492xMxi
• • •
Checkout KenPro - Ken's Education Platform: https://ken-mcelroy.learnworlds.com
• • •
ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, and The ABC’s of Property Management. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This podcast is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
Ken's company: https://mccompanies.com
• • •
DISCLAIMERS: Any information or advice available on this podcast is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this podcast. Consult a financial advisor or other wealth management professional before you make investments of any kind.
Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this podcast are accurate and up-to-date, all information contained on it is provided ‘as is.’ Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this podcast. Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites. All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate.
Comments that are off-topic, offensive, or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates.
© 2025 KenMcElroy.com, LLC. All Rights Reserved.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | One fat white for Bethan? |
| 0:02.0 | Here! |
| 0:03.0 | And an Oakworthy for David? |
| 0:05.0 | Running a business in Cardiff, |
| 0:07.0 | you must register for VAT if your taxable turnover reaches £90,000. |
| 0:12.0 | To avoid any penalties, check HMRC's guidance today. |
| 0:17.0 | Just search register for VAT on Gov.UK. |
| 0:21.7 | VAT. It's part of business. |
| 0:26.9 | Happen to VAT for Reese. |
| 0:32.5 | So today we had Ryan D. Lee. |
| 0:34.8 | How about him? |
| 0:36.3 | He's great. |
| 0:37.3 | He's very, very knowledgeable on insurance products and also |
| 0:40.5 | just helping people retire. Yeah, I love his book, How to Retire in 10 Years. And he's done it with |
| 0:46.3 | Robert Allen. And it was a blessing getting to know him. But also, he's a student of life. Once he got to |
| 0:53.0 | so many houses, he realized he needed to syndicate. And he ran a money a bunch of life. Like he, once he got to so many houses, |
| 0:56.1 | he realized he needed a syndicate. |
| 0:58.0 | And he ran out of money a bunch of times. |
| 1:01.3 | And so he's got that story like all of us want, |
| 1:03.9 | where he went outside of the traditional system, |
| 1:05.7 | outside of Wall Street to Main Street. |
| 1:10.1 | And he's got a great story that we're going to share for you now. So, Ryan, you've said that most people don't need encouragement. They need honesty. So what do you mean by that? You know, I think for me, the biggest thing is, you know, it's really hard to work from a point of fantasy. You have to work from a point of fact. You have to work from the truth. How much money are you making? How much money are you actually saving? What do your assets produce an income? What's your real rate of return? When you work with actual facts, you can start to make a factual-based plan versus this wishy-washy idea. I think too much of retirement planning is based on this misconception that one day, that we've deemed at the age of 65, you're going to have enough |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Ken McElroy, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Ken McElroy and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.