In Light of All the Recessionary Fears—and Oh Boy, There Are a Lot of Them—We’re Going to Tackle Some of the Big Questions and Offer Some Great Advice on What You Need to Know Today: Are We Heading Into a Recession?
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Investment advisory services are offered through Foundation Investment Advisors, LLC, an SEC registered investment advisor. Brian Quaranta and his guests provide general information, not individually targeted, personalized advice, and are not liable for the usage of information discussed exposure to ideas and financial vehicles should not be considered investment advice or recommendation to buy or sell any of these financial vehicles. This information should also not be considered tax or legal advice past performance is not a guarantee of future results. Investments will fluctuate and when redeemed may be worth more or less than when originally invested. Any comments regarding safe and secure investments and guaranteed income streams refer only to fixed insurance products. They do not refer in any way to securities or investment advisory products. Fixed insurance and annuity product guarantees are subject to the claims paying ability of the issuing company.
Steve 00:47
Welcome in, everyone. This is On the Money With Secure Money. And today, in light of all the recessionary fears and oh boy, there are a lot of them, we’re going to tackle some of the big questions and offer some great advice of what you need to know today, are we heading into a recession? Oh, that’s the question. We don’t know for sure, but Brian’s going to give us some insight today. Brian, how are you?
Brian Quaranta 01:06
Yes, Steve, and my gosh, is there a lot to talk about? There is so much going on in the market, and we’ve got so much to go over with you, so stay tuned, because when we come back, we’re going to go through it all.
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And now On the Money.
Brian Quaranta 01:35
Any good retirement plan starts with the foundation.
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Asset protection, tax reduction, holistic planning.
Brian Quaranta 01:42
These are the things that start to move you towards having a retirement plan.
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Brian Quaranta 01:49
You think that’s the difficult part? That’s just getting started!
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And now On the Money With Secure Money.
Steve 01:59
And welcome back everybody. This is On the Money With Secure Money. Brian Quaranta’s here, my name is Steve Sedall, having a great time, as we always do. And Brian, this time in particular, I tell you- first, how are you, nice to see you. Nice to connect.
Brian Quaranta 02:12
I am doing great man. I am finally home for a little bit, been on the road, traveling, doing a lot of talks across the country, and boy, is there a tremendous amount of activity going on in the markets right now, and it’s a very interesting time.
Steve 02:31
What happens? You know, when we when it gets like this? My guess is, and I know this to be true, of your phone does not ring off the hook. People are not concerned. Your clients are not concerned. They’re concerned, but they’re not concerned. Does that make sense?
Brian Quaranta 02:44
Yeah, it makes perfect sense. It’s exactly why, 25 years ago, when I got into the stock business, I was completely jaded by what I saw during the 1999-2000 tech bubble, because I saw people losing money that they shouldn’t have been losing, you know, my industry tends to act like they know what’s going to happen with the market, or have some type of, you know, edge over the average person of what’s going to happen. And I just think it’s a bunch of BS, to be quite frank with you, because nobody knows, and, you know, nobody knows if we’re going into a recession. Nobody knows if we’re- this is going to be just a V bottom recovery of some sort, and then take off, you know, into new territory, just like we did after COVID. And so, our clients, because they have a plan, Steve, because that plan is based around principal protection. First, the money that we are risking is money that we can afford the risk. And so, the clients know that if the markets take a tumble like they are, they are not going to have to delay retirement or come out of retirement, or the biggest fear is the risk of running out of money. And none of our clients will ever run out of money because of the way we build the plans. And not everybody can say that. It’s very hard to predict anything when it comes to the economy. There’s a lot of people, a lot of pundits, that like to think they can, but I’m just here to tell the truth that nobody can. I have not met a fund manager, a of all different walks of life that have all different degrees, some of the smartest people that I’ve met in the world that cannot predict what’s going to happen. So, the only thing that you can do is stick the fundamentals, right? And what I mean is your number one priority with your money is to make sure that you are going to be able to replace your paycheck when you stop working, and you are going to put yourself in a position to be able to take the income that you need to take without running the risk of running out of money. And that’s exactly what we’re doing every single day at secure money, advisors and clients just are not concerned, right?
Steve 04:55
Well, again, I think it’s complacency that has set in again, and we haven’t talked about that in a while. But I also think right now, Brian, this this time where the markets doing all of the craziness that it’s doing, it defines sequence of returns, three words that we should really be aware of and cater to.
Brian Quaranta 05:13
Yeah, well, sequence. Thanks for bringing that up too, because I write about that in my book, Steve, you know, Right Track Your Retirement, and you were so kind to do the audio version, which we’re going to be releasing soon. So, stay tuned for that. But sequence of returns is real, and this is when we get an unfavorable order of returns, especially early on in retirement. And if you have not positioned yourself to have real principal protection in your account you are going to be affected by sequence risk. And if you read about sequence risk, folks, if you just Google sequence risk, and you understand the way that we understand how sequence risk can absolutely decimate a retirement portfolio, you would never, ever do what the traditional Wall Street big box firms are telling you to do, and that is to diversify your portfolio amongst stocks and bonds and follow the 4% rule. You would understand that that advice is absolute trash, and it’s going to get you in trouble. It may work out, but there’s a probability of failure. And I just don’t like anything that gives me a probability of failure.
Steve 06:23
I agree with you. Let’s hear from Callie Cox. She is a Market Strategist at Ritholtz wealth. She’s got some context about what happened, sort of the end of last weekend into this week. I think she’s talking complacency.
Callie Cox 06:38
And companies weren’t really laying off people, but they weren’t really hiring either, which is not the ideal scenario for the job market, but it’s- but it’s worth- it’s not one that you’d expect to see in an economic downturn.
Steve 06:52
Right? I, you know, again, complacency. She said, I mean, businesses weren’t really laying off people, but they weren’t hiring either. And so again, it’s easy to fall in that that complacent spot, and say, Well, I guess it’s going to be okay, yeah, well, it’s not good, It’s not bad.
Brian Quaranta 07:05
That’s right. I mean, not too many weeks ago. But I can’t tell you how many people said, Well, my 401(k) is just performing so well every time I look at it. I mean, it’s just going up and up and up. And we know that that does not last forever, and one of the biggest mistakes that people make is they think that things are just going to continue to go up, and they don’t take some chips off the table. You know, we all know, if you’ve ever been to a casino, right? The fundamentals are that if you’re winning, you should pull some chips off the table and put them in your pocket, and then this way, you’re only playing with the house’s money. People forget to do that when it comes to their money, and they just get complacent, and they see their statements and it’s going up, and they think everything’s going to continue to be fine, and they don’t make the tough decisions at that point to actually start protecting principal, because people are fearful of missing out on big future gains. But what they don’t realize is that as you get closer to retirement, the losses will hurt you more than the gains will help you. Look, the biggest threat to our retirement is uncertainty, and you know, a lot of the people that come into our office share a lot of the same concerns. They can’t afford the risk they’re taking because they don’t have the time to recover if the market takes a downturn. They’re unsure about the right time to take Social Security and maximize their benefits. They don’t know how taxes are going to affect them. And of course, the biggest fear they all have is running out of money. And so, when people come to our office, it’s really all about understanding their situation first, which is no different than when you go to a doctor. You know, a real doctor is going to spend the time with you and understand what your symptoms are, and then they’re going to look at those symptoms a little bit closer, and they’re going to start to diagnose and see if there’s a way that they can improve your health. And we’re doing the same thing with your financial health. We’re seeing if there’s ways to improve the financial health. We’re exposing any weak areas, any red flags, and then we’re going to come back with a recommendation. Now, whether you take that recommendation or not, that’s up to you. We don’t force you to do anything with us. We’re here to help you solve problems. We give you the information you’re in the driver’s seat the whole time.
Steve 09:20
800-656-8616, 800-656-8616, that’s the number to call to get yourself on the calendar. 800-656-8616. Quick break for us. We’ve got more when we come right back On the Money with Secure Money and Brian Quaranta.
Brian Quaranta 09:28
You’ve worked hard for your retirement, but if you’re not careful, like I say, every single week, your nest egg could be drained by sneaky little expenses. But more importantly, that nasty volatility. And when we come back, we’re going to continue to continue to talk about how to protect your retirement, so that you have a retirement, that you can stay retired, be confident and have the security that we all want, and most importantly, the peace of mind we come right back with On the Money with Secure Money.
Announcer 09:59
And now, On the Money With Secure Money.
Steve 10:08
We’re back On the Money With Secure Money. And Brian Quaranta is here. My name’s Steve Sedall. Brian, of course, wrote the book called Right Track Your Retirement. It’s a simple planning strategy to help you reduce risk, build income and provide peace of mind. It’s a fun read, it’s a quick read, and it’s really informative, and it’s yours FREE. That’s right, Brian’s gonna send it to you free in the mail, like old school I am. And you know, this is not some, just downloadable copy. It is a copy. Yeah, this is a book.
Brian Quaranta 10:34
This is a real, tangible book. And, you know, we pay for the shipping and handling. We pay for the printing of the book. You know it’s going to come in a nice gold puffy envelope. You know it’s your golden ticket. It’s your golden ticket. And I can’t tell you how many people have come to the office and say, Look, I read the book. And I just don’t know why. No one has ever shared with me the simplicity of how to approach retirement and my industry. My belief, in my opinion, is my industry has done a disservice to people because we’ve made it more complicated than it needs to be. People think that their advisors know something that they don’t know. And the reality is, if your advisor is just investing in stocks and bonds for you, that’s not planning. That’s not retirement planning. Retirement Planning is when we look at five key areas, income taxes, your investment strategy, your health care and your estate planning, and when it comes to your investment strategy, the things that got you to retirement, they’re in your, what we call your accumulation phase, are not the same things that are going to get you through retirement. And the whole philosophy and the whole plan needs to change, but people keep doing the same thing in retirement and expecting a different result than what they got during their accumulation years. And the reality is, a lot of people wind up very panicked in retirement. Think about it right now. Think about the individual that’s been retired for you know, let’s say it’s their first year of retirement, and this is the this is the market they’re dealing with. I mean, if they have 100% of their money exposed to the market, how do you think they’re feeling? And the reality, Steve, is that if they’re feeling anxious, this is what’s going to happen. They’re going to call their advisor, and their advisor is going to do this. I don’t want you to worry about anything. It’s just a paper loss. It will come back. And don’t forget, just hang in there. You’re in it for the long haul. And the client is probably going to be calmed down by those cookie cutter phrases which Wall Street has used for decades to manage emotions and not realize that they’re still in big trouble, because how is an individual that’s working At a local investment firm so smart that they can tell the client that everything’s going to be okay. I mean, we have, you know, people from Harvard and the Wharton School of Business and some of the smartest people in the world that cannot predict the markets. How many times have the economist been wrong? You know, it’s like the weather every time, yeah, right. And people just keep buying into the same old, same old, same old story, and they keep buying in the same advice. My advisor said, I’mma be okay. My advisor said, I’m gonna be okay. Look, it’s really easy to tell somebody else to risk their money, especially if you get paid a commission to do it. And I’m not, you know, saying that every advisor out there is a terrible advisor. What I’m saying is that advisors have been trained the wrong way. They have been trained to convince you to diversify in individual stocks and bonds, and they’re missing the bigger picture. The bigger picture is all about putting a foundation under that money first, with some type of principal protection, you have to have principal protection, and you have to have some type of insurance and guarantee. You absolutely must think about it. When people retired back in the day, they usually had two sources of income. They had a social security check and a pension check. They don’t have that anymore. They only have a social security check, and they’re relying on money that’s invested in the stock market at risk that that the financial industry will tell you over and over that, look, your investments are a long-term play. It’s a long-term play. Here’s the here’s where things get, uh, contradictory. If it’s a long-term play, you. How am I supposed to live off that money right now, Steve? you know…
Steve 15:04
Yeah, exactly, because that’s where the fear comes in, right?
Brian Quaranta 15:06
I mean, how if I’m supposed to leave that money alone and be a long-term investor, but now I have to tap into that money for income. You just violated the number one principle, right? And that is, you, you’re no longer long-term if you start taking your money out. And that’s what people are doing every day. And when they take their money out, we have volatility like we do right now. This is where people get hurt, and this is where the probability of failure starts to creep up. And the unknown is, are you going to have to go back to work? Are you going to have to decrease the amount of money that you’re taking? None of my clients will ever get a call from us saying we need to decrease the amount of money that you’re taking because it’s all calculated and insured from day one. And when I, when I, when I talk about insurance, Steve, what I’m talking about is an annuity. And if people don’t start to understand how these annuities protect them and understand why it is so important. I mean, think about this, would you buy a new car and not put car insurance on it? Would you?
Steve 16:11
I don’t think you’re allowed to.
Brian Quaranta 16:12
Yeah, you’re not allowed to. I mean, would you buy a home and not put, you know, homeowners insurance on it? You know, if you’ve, if you’re a young family today, and you’re just starting out and you don’t have any savings, would you be walking around without life insurance now, people do, because it’s not required, right? I mean, we’re as car insurance and homeowner insurance, it’s, it’s illegal not to have it, right? But, you know, take life insurance. If a young couple, they got a couple young kids, no savings, and dad’s the primary bread winner, and he dies, they’re in big trouble, man. Big, big trouble. Annuities are life insurance in reverse. They make sure that you can maintain your lifestyle and not run out. But folks, I’m going to tell you, go to RightTrackYourRetirement.com. Get a copy of my book today. And if you want a guide, a powerful guide to help you reduce risk, show you how to do all this build income. And if you’re feeling uneasy about your financial future, now is the time to act. Do not kick the can down the road. This is not the time to procrastinate. So again, RightTrackYourRetirement.com.
Steve 17:28
Sounds great, Brian. Folks do take advantage of the opportunity to come on and sit down with Brian and get a financial roadmap put together. It starts with a phone call. 800-656-8616, 800-656-8616. No cost, no obligation, and you’ll get a better handle on your own financial situation. You’ll find out what your investments are really costing you because of fees or commissions. How about tax implications? That’s a discussion to have. How much income you can securely generate from that saved from your savings once you do move into retirement, it’s a phone call away to find out. 800-656-8616 that’s 800-656-8616, quick break for us. We’ve got lots more to talk about On the Money With Secure Money in brown Quaranta. And it happens right after this.
Brian Quaranta 18:10
When I was a kid, they didn’t call it a tariff, they called it an import tax. So, when we come back, we’re going to talk about how these tariffs, or is it import tax, are going to affect you when we come right back with On the Money With Secure Money.
Announcer 18:31
And now, On the Money With Secure Money.
Steve 18:38
We’re back On the Money with Secure Money. Brian Quaranta’s here, my name is Steve Sedall. Brian has been helping folks for been helping folks for a couple of decades, getting to and through retirement. Built this business called Secure Money Advisors, and surrounded himself with really qualified, really quality and talented people that that really share your philosophy, share your mindset. Brian, I mean, that’s important to have that team with you.
Brian Quaranta 19:00
Yeah. Look, I mean, you know, number one, I always tell folks, you should be working with a firm that shares in the same money philosophies that you have. I can’t tell you how many people will tell me, they go in there, see their advisor, and, you know, they walk out, and they have that feeling that something’s just not right. You know, that they really don’t understand what they’re doing, but they feel like, well, he’s the- he or she’s the financial advisor, no different than a doctor, right? I mean, if you don’t get a second opinion, if you’ve been diagnosed with something, probably not a good idea, because doctors translate things different ways. So, you should be working with a firm where you’re getting a lot of value, you know, for what you’re paying for, and you’re working with a firm that is in line with your own beliefs around money.
Steve 19:56
Sure. Well, I mean, that makes sense, and if that’s you folks, then call us. Give us a call. 800-656-8616, I wanna- You said something in the last segment that I really like it, and I think it really explains things. You said an annuity is like life insurance in reverse, yeah, tell me- break that down for me, I like that. That’s a very visual thing.
Brian Quaranta 20:16
Yeah. Well, you know, life insurance pays you when you die, an annuity pays you while you’re living. Okay, just that simple. It’s really that simple. And, you know, life insurance is designed so, you know, when Kate and I decided we, you know, wanted to have kids, I upped my life insurance, you know, my brother is a good example. You know, he’s got three young kids, you know, just starting out, you know, not a whole lot in savings. He started making a little bit of money from his business. And the first thing he says is, you know, where should I start investing this? What stock should I buy? And my first question to him was, when you die, how much is there for your family? And when he gave me that number, I said, How Is that enough for them to even pay the mortgage for a couple of months? And he goes, No, not even close. I said, so you shouldn’t be thinking about where to invest money right now in the stock market. You should be thinking about what happens if you die, and the first thing you should be doing with that money is buying a life insurance policy. They read something online that annuities are bad, but yet they don’t really look at what the source is, because typically when you’re reading about annuities being bad, there’s someone that has an agenda right to steer you in a different direction, whether that be real estate or alternative investments, but if you want something that is easy, so the way I like to look at it as an annuity is this, imagine buying a rental property, right? And that rental property now is going to pay you monthly income because you know you’ve bought the property, and it’s rental property, you know, and everybody wants that rental income, because it’s passive mailbox money coming in as long as the property is rented. If you don’t have renters in there, now, you’ve got to cover the cost right now, a an annuity is no different than a rental property. But you don’t have the problem of vacancy, you don’t have the problem of taxes. You don’t have the problem of getting a call in the middle of the night that the hot water heater has been broken, or the lights don’t work, or whatever it is that you have to deal with to receive that income on a rental property. But an annuity is exactly like a rental property. It’s going to pay you a monthly income for the rest of your life. If you die, it’s going to pay your spouse and income for the rest of their life. You know, I always am purchasing income annuities for Kate and I as the foundation to our retirement. And I’m not telling everybody to go out and purchase one, you should sit down with a fiduciary advisor and look at your situation and go through it properly and then determine if it is going to be the right thing for you. And keep in mind you should be working with an independent fiduciary firm that has access to all of the annuities out there, all of the investments out there this way the advisor truly is sitting on your side of the table and saying, Okay, let’s look at everything we can. We can, you know, we can go any direction we want, use any company we want. So, let’s find the best one that’s going to work for you. And they’re all different. Steve, some are better for female, some are better for males, some are better for joint income. For a married couple, some are better if you want to leave lots of money to your kids. Some are better if you’re trying to get, you know, not only income, but some type of long-term care protection. So, there’s a lot that goes into these. And typically, when people are reading something bad about annuities, they’re picking one particular annuity apart. I mean, there’s hundreds of annuities out there, and some of them are, you know, they don’t make sense in certain situations. And so, if someone has a bad story about an annuity, I wouldn’t blame the annuity. I would blame the advisor who recommended it, because they recommended the wrong one.
Steve 24:18
Sure. Well, again, that’s what it comes down to. And I think, you know, if you if you’ve got questions about an annuity, and again, maybe somewhere along the line, someone has picked up an annuity, and they realize I don’t really know what this thing is, can I bring it to you? And will you look at it, tell me if it’s a good thing, and can you help me fix it if it isn’t?
Brian Quaranta 24:37
Yeah, absolutely. I mean, you know, we created something many years ago, and I got to give a shout out to my good mentor, David Gaylor, who, you know, had taught me about the annuity escape. And you know what he taught me 20 years ago has helped a lot of people, and that is if you own an annuity currently. You can refinance it, just like you would refinance a home. And so, you can call the insurance company. And we actually do that with people when they come in, we call the insurance company. There’s about 15 different checkpoints that we go through on that annuity. The client, or the client or potential client, is actually on the phone with us, talking with the annuity company directly. So, they’re hearing that conversation firsthand. And you know, usually when we get off the phone, you know, the first thing I’ll ask is knowing what you know. Now, would you have, still, you know, purchased this annuity? And a lot of times people are like, Now that I understand it the way I should understand it, no, I wouldn’t have done that. You know, this is why, Steve, again, I wrote the book Right Track Your Retirement, so that you have the security, clarity and confidence and, most importantly, the control in retirement. Because once you educate yourself and you wrap your mind around how simple this can be, and you start to see it the way I describe it in the book and envision it in two separate buckets. This becomes so easy, and you start to realize that, Wow, I’m doing it wrong. And this is when people have that moment where they go, You know what? I’m making a change, and people really need, and I’m gonna talk about this on our last segment, about five reasons why you need to think about firing in your advisor. So anyway, go to RightTrackYourRetirement.com get a copy of the book and schedule a time to come on into the office.
Steve 26:27
That sounds great. Brian. Folks do take advantage of it. It starts with a phone call. 800-656-8616, 800-656-8616 quick break for us. We’ve got another segment to go here On the Money With Secure Money and Brian Quaranta.
Brian Quaranta 26:40
When we come back, I’m going to talk about, is it time to fire your financial advisors? Five reasons why people just like you are making a change, and we come right back with On the Money with Secure Money.
Announcer 27:01
And now On the Money With Secure Money.
Steve 27:08
We are back On the Money With Secure Money. Brian Quaranta is here having a fun show. We had a great- this has been a great show. Very poignant, I think, because there’s so much going on, Brian, and fortunately, you get to be that voice of reason, that voice of calm through a tumultuous time, which is it? And I like the fact that you’re just saying, hey, my clients, they’re happy. Yeah, you want to be a happy client and give Brian a call. I mean, to live through these things.
Brian Quaranta 27:30
Yes, that’s right. That’s right. I mean, look, the truth is, I am always here to be transparent. But you know the truth is, you know, if you take, you know, the, you know, the 1500 households that we manage, you know, you can still have people that have 70% of their money protected and 30% of their money at risk, and when the markets move, they’re still getting nervous, right? So I don’t want to, you know, act like we don’t get any phone calls, you know, but those people truly are in a position of strength because they have so much money protected that even if the market went down 50% I’m not concerned, and sometimes they just need a reminder, because, again, they don’t do this every day, right? These people are professionals in all different areas. I mean, you know, we’ve got, you know, you know we’ve got retirees, you know, from all different walks of life. So, they, some of those folks, just need to be reminded, you know, that they’ve have all of that money protected, that they’ve got that money. You know, some people forget that their income is even guaranteed, because they’re just not used to, you know, things being that way. So yeah, but absolutely, and folks, if you haven’t yet, go to RightTrackYourRetirement.com and get a copy of my book, please, and learn how to build yourself a great retirement plan.
Steve 28:46
So let me ask you this. This is something that we’ve heard, you know, time and time again, whenever the market does something like this, or whenever there’s a big change and people will say, Well, this time, it’s different.
Brian Quaranta 28:56
Yeah.
Steve 28:56
Is it?
Brian Quaranta 28:57
No, it’s never different. Thank you. What’s different about it? I mean, it’s gonna go down, how far it goes down, nobody knows when it’s gonna come back. Nobody knows, right? And then, you know, somebody is going to say something, and they’re gonna get it right, and then all of a sudden they’re gonna say, I called it. I told you; this was exactly what was gonna happen. The truth is, if you just get my book Right Track Your Retirement. You’re gonna learn about a blueprint and a roadmap that is so simple to follow and is just logical and makes sense, that you’re gonna have the moment that a lot of people do and go, I just get it I get it right. But now there’s always gonna be the skeptics out there like, oh, what’s the catch? What am I missing here? And you’re not missing anything. You’re just, you’re being introduced to a new way of thinking. And some people have a hard time adopting a new way of thinking and that can be the challenge for some folks so, but you know, I’m going to tell you there’s five reasons. We’re gonna go through this real quick. There’s five reasons why people are making changes and firing their advisors. Number one, you know, we don’t believe, you know, at least at Secure Money Advisors, we don’t believe in check the box annual reviews. You know, you won’t find these stuffy once a year meetings, because life doesn’t happen that way. You know, it’s not on a 12-month schedule, and your retirement plan shouldn’t be either. And so, you know, we don’t do these check the box annual reviews. Instead, we give all of our clients access to unlimited planning appointments throughout the course of the year, and they set the schedule, you know. So, you know, if they need to come in, they come in. You know, we’re always monitoring things, and so our job is to build a plan that allows them to go enjoy retirement. What’s the point of having a retirement advisor build you something if you constantly are burdened would happen to make decisions you should be out enjoying retirement, even if the market’s falling like a hot rock right now. You know. So, you know, and you know a lot of people, they don’t have a- what I call the inventory binder. You know, you should have a structured income plan. You should have your entire asset summary, even you know, all consolidated. You know, whether they’re with our firm or outside the firm, you should have an investment strategy and a tax plan. You should have your estate documents and your insurance information, and you should have a step-by-step plan for your family if something happens, our binder, our financial inventory binder, it’s your entire financial life, organized, clear and ready if your family ever needs to step up. And people, our clients, love it. You know, so many people go That’s exactly what we need. You know, a lot of people will say, Look, my plan feels generic. You know, a lot of people have cookie cutter plans. You know your financial strategy should not reflect, you know it should reflect your goals, your tax situation, your legacy wishes. And so, you know, we cover the five key areas, income planning, investment strategies, tax efficiency, healthcare, estate planning. A lot of people are paying fees, Steve, without seeing the value. You know, people think value is doing one review a year. Now, you know, you think about what we do at Secure Money Advisors, our clients get, you know, weekly financial tips of the week. We’ve got the live radio show that airs every Monday and every Saturday morning. We’ve got the television shows that air twice a week. We’ve got 100 plus educational events. We’ve got quarterly webinars, multiple client appreciation events, and a lot, lot more than I don’t even have time to go over, right? But that’s real value. You want real value. That’s real value. And a lot of people aren’t even hearing from their advisor, or they’re getting one, you know, one hour review a year. That’s you. Your advisor should be out there. Your advisors should be a thought leader in the market itself. And you want a true guide. You don’t want a stock picker. We don’t pick stocks. We hire professional money managers Steve to oversee them. Why? Because we know our job is to build and manage a retirement plan. A heart surgeon doesn’t make the pacemaker. He installs it. He understands how to connect it, ensure that it works. An electrician didn’t invent the electricity, but he knows how to wire your home safely and effectively. And a great financial advisor doesn’t tinker with stocks all day long. They make sure you have a whole financial house that’s wired correctly. So, I could go on and on, but go to RightTrackYourRetirement.com. Get a copy of my book, Steve. Tell them how they can schedule an appointment, too.
Steve 33:15
Just a phone call away. 800-656-8616, make that call today while you’re thinking of it. 800-656-8616 Brian as always, a pleasure. Let’s do it again next week.
Brian Quaranta 33:24
Let’s do it. We’ll see you again. Folks, thanks again for joining us.
Announcer 33:31
Investment Advisory Services are offered through Foundations Investment Advisors, LLC, an SEC registered investment advisor. The content provided is intended for information on educational purposes only. The views, statements, and opinions expressed herein are those of the individual speakers and are not necessarily those of foundations and its affiliates. The information contained herein does not constitute an offer to sell any securities or represent an express or implied opinion or endorsement of any specific investment opportunity offering or issuer. Any discussion of performance or returns is not indicative of future results. Any discussions of specific strategies are for informational purposes only, and have been provided to help determine whether they may be appropriate for your specific situation. If applicable. The primary goal in converting retirement assets into a Roth IRA is to reduce the future tax liability on the distributions you take in retirement or on the distributions of your beneficiaries. Each individual investor situation is different, and any ideas provided may not be appropriate for your particular circumstances. Comments regarding a particular client’s experience may or may not be the same as another client’s experience and is not an indication that any client or prospective client will experience the same or a higher level of future success or performance. Foundations only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. Registration as an investment advisor is not an endorsement of the firm by securities regulators, and does not mean the advisor has achieved a specific level of skill or ability. Nothing here in constitutes a recommendation that any security portfolio of securities or investment strategy is suitable for any specific person, no legal or tax advice is provided. Please review your retirement tax and legacy planning strategies with a legal or tax professional before transacting or implementing any strategy discussed herein. Any comments regarding safe and secure investments and guaranteed income streams refer only to fixed insurance products. They do not refer in any way to investment advisory products, rates and. Guarantees provided by insurance products and annuities are subject to the financial strength of the issuing company, not guaranteed by any bank or the FDIC. This is not endorsed or affiliated with the Social Security Administration any federal Medicare program, nor any US government agency. If applicable, we do not offer every plan in your area, and contacting us at the phone numbers provided herein will direct you to a licensed insurance agent. Any information we provide is limited to those plans we do offer in your area, please contact medicare.gov or one 800 Medicare to get information on all of your options. All rights reserved.
Outro 35:27
Coach P Radio!
