What you need to know before retiring

Hey there, real quick before we jump into the episode, listen, if your earnings treadmill hasn't set you free yet, running faster won't either. Listen, hustle without principles just going to burn you out. So here's what I want for you. I want you to join me for my money machine experience. Live. It is three free trainings. Deep dive into how to escape the treadmill and build a money machine that actually works for you. All right, grab your spot here by going to moneymachinelive.com and I'll see you in the free training. What's the biggest financial mistake people are making when they retire? It's not running out of money. It's not realizing the hidden risks that could drain their wealth and ruin their golden years. I've seen it over and over again. Listen, if you've been saving and planning for retirement, I don't care whether you're in your 40s, your 50s, your 60s, but you're unsure whether or not your money will last or if you're missing maybe something crucial and you don't know about it. This episode's for you because I'm going to break down the essential steps to retire with confidence and I'm going to hit on the biggest risks that no one talks about and how to protect yourself from those financial surprises before it's too late.

Listen, retirement isn't just about saving some big number. It's about making sure that your money lasts and that you're protecting yourself from the surprises and designed a life that you love. Listen, we can save and save and invest, invest all we want. But if we're truly not living the life we want, then what's it all for? See, retirement isn't an event. It is a transition and not a destination. And it is something that we live through. And in fact, I'm not even sure that we retire altogether. In other words, I think we just transition to doing different things in that time. And what we want is that money machine, as I talk about in my book, that allows us the choice to do the things that we want. Now, I believe that we want the money machine well before those golden years. So we have a life of choice, a free, freedom based life to make that happen. And so here's the thing. I have watched this happen over the decades. It is part of what I've written in my book building your money Machine. How do you create this? But in this episode, I want to break down a handful of things that I think we need to be aware of as you approach retirement. Now, I Can hear you. Now, there may be some folks that are watching, listening and say, but I'm 30, I'm 40. This isn't something that is on my horizon. Oh, but it should be. No matter your age, stage, your circumstance in life, we should be planning forward and setting ourselves up. The more we can get ourselves set up early, the easier it will be in those later years. For instance, my son and his wife. My son's going to be 35, his wife is 32. They've got two little girls, little princesses, my granddaughters, and they have four homes in a multi million dollar net worth. But they're already planning for the future and by doing so it takes the pressure off and it gives them margin for error, it gives them margin to do some things. So it doesn't matter what age or stage you are. This is something that we need to be thinking about. All right, so let's just talk about what the first thing is that I want you to consider at the very beginning. I want you to have what I call a dynamic and detailed retirement plan. And what I mean by this is this. I want you to start thinking about what it might be and what it might cost you to make that happen. We use, I have a calculator for those that aren't part of my money machine master plan where we do this really detailed analysis and everything. They can get a life cost, you know, lifestyle cost estimator. We'll put the links down below so you can grab it. It's free, but it allows you to start to think about what is it going to cost. Because retirement is not static. Your plan is going to need to move and shift with you. But so many don't have plans. The very reason I started doing the money machine master plans for people, which is a bespoke plan, which I'll talk about in a moment, is because someone was sitting in front of me who was getting closer into their upper 50s. I said, what are you going to do in your later years? What do you want to do? What does that retirement look like? And. And their response back to me was, I don't know. I didn't think about it. I'm not even sure where to start. I said, you don't have a plan? He said, no. I said, have you had conversations with your wife? He says, no, I don't even know how to have those conversations. And I said, doesn't that stress you out? He says, immensely. So the thing is that when I sat him down and went through a plan with him, all of a Sudden he had a better understanding. Now, was he where he needed to be? Not necessarily, but he was further along than he had any other idea of. And he literally looked at me and you could literally watch the angst and the anxiety wash away from him and said, I'm not as bad as I thought I would, you know, so what we do. And now that plan gave him a path to make it a reality. So let's just talk about what your plan needs to cover. If you're not doing a fully detailed plan and we'll talk about what those things are, then at a bare minimum, I want you to use something called the 4% rule. And this was something that came out of the Trinity study. There is a fair amount of criticism about it. There's because it presumes a 30 year retirement. If your retirement is longer, then there's some issues there. It presumes a 60, 40 portfolio, 60% equities, 40% fixed income kind of thing. So there's some limitations to it. But listen, if you're sitting there and say, mel, I don't have a plan, this is better than nothing at all. And it will give you an idea of where you need to be. How this comes about is for you to sit back and say, let's estimate, and I get it, if retirement is 10 years, 20 years off, we don't know what the costs are, but we can estimate something to make sure we're staring at the right horizon. And so what you're doing is you're estimating the cost that it, that your lifestyle is going to incur. And then you use something called the 4% rule. The Trinity study said, effectively, if you have a portfolio and you drew down 4% a year, you could do that for 30 years and not run out of money. Okay? And they tested it and tested it. So this is kind of a rule of thumb at the fundamental level that you can do. So literally, if you sit back and say, you know, it's going to cost me a hundred thousand dollars a year, you divide it by 4% or multiply it by 25, it gets you the number. And now that tells you what you need as the size of the portfolio to give you $100,000 life.

In retirement. Now there's some challenges there, like taxes and all that stuff. But remember, all I'm trying to do here is get you to start looking down the horizon. Because ultimately what I want you to do is to do a dynamic, detailed plan. And what that looks like, which is a little different, is you literally will Build it out. You'll sit back, like, my plan literally has. How much do I intend to spend on vacations every year? Like, okay, which is a big number. Maybe we're. We're planning for a $75,000.

Home improvement every six years. We're planning on replacing a vehicle at X number of dollars every five years. We're planning on, you know, putting our granddaughters through college. You know, you. You put all these. We put all these things into a special software, a special portal, and it will then run the numbers based on the assets we have, based on the savings, based on the. What we're putting away, what we assume we're putting away. And we project it out. And then here's where the power is. And this is what I want for all of you at some point in time is then we start to test it and say, well, what happens if inflation comes back? What happens if the stock market drops 20%? What happens if I decide to stop working five years earlier? What happens if I have some health issues? What happens if my expenses go up? And what you do is you scenario test and stress test everything where you start to understand the impact of the probability of success. And we run these, what's called Monte Carlo simulations. So we're running a thousand financial scenarios each and every time to look at what the probability of success is. And it gives us a number. And it could be anywhere from 0% to 100%. We wanted an 80% and above that basically says, hey, over 80% of the time, you never run out of money going to age 90, 95, whatever the assumptions are. But the bottom line is it allows you then tweak, to tweak and adjust the numbers. Now, absent that, we use the 4% rule to just get us in the game. But you need to have some sort of plan to make that happen, happen and to work. Okay, so that's the first thing. Do you have a plan? If not, let's get a plan in place. Whether it's. It's a bespoke, dynamic, detailed plan, like we do with the Money Machine master plan, or it's just using the 4% rule to get something in place. So that's number one. Number two is this. You need to know what assets you need and where to hold them. Here's what I mean. Not every asset's the same. If I have $100,000 in an IRA account and I have $100,000 in a Roth IRA account, they're very different because the IRA, when I take that $100,000 out, I'm going to have to pay tax on it. Okay. When I take it out of the Roth, I'm not going to have to pay tax on it. So we need to understand it now. There is the assets that we need to think about and then there are the accounts we need to think about. So it's the what and it's the where that you need to understand. As you get up in years and as you start getting closer and closer to retirement, what you're really trying to do is create a cash flow stream that allows you to pay for your lifestyle without having to start selling stuff to make it happen. And so one of the things you start to shift towards is income. Income producing types of investments. Things like dividend paying stocks or bonds laddered for stability. I have certain bond ladders that we're running right now. Okay. Or REITs that are required. Real estate investment trusts are required to distribute a substantial portion of their cash flows every single year. Maybe rental properties. Although in my wealth priority letter, in my book, there's a pecking order in which I want you to start acquiring properties to keep you safe and give you a solid foundation. But you have rental properties that are generating cash flow. So you want, you want to make sure that you have some level of exposure to income producing assets and investments that can create a cash flow stream for you to be able to live off of. Okay, that's, that's one, one part of it. The second part of it is to sit back and say for short term needs, what kind of liquid assets do we have? In other words, that I can get access to that, that could be money in a high yield savings account that is earning right now, four, four and a half percent. That will keep you going. Now we say in the wealth priority letter, I want you to have nine to 18 months worth of expenses in that high yield savings account for opportunities and emergencies, for peace of mind, as we call it now as you get older and you need more liquidity, maybe there's medical, there's other things that come into play you might actually push to the higher end of that or beyond it based on what you need. You could literally have have a couple of years in a high yield savings account. The key is that you need liquidity because what we don't want to have happen is that if I need cash and all of it is tied up in investments that are either illiquid or in the stock market and I need to sell something if it's illiquid, in other words, I can't Sell it very quickly. I'm either going to have to discount it to sell it, which means that I lose money, or I can't sell it all, which means I can't get money or it's in the market and if the market's down, I gotta take a loss. I don't want that to happen. So high yield savings account, we're gonna have that. The second place you can put money is in, in money market funds. I've got some in, in a Fidelity and Schwab money market funds that pay very, very well and that also are 100% liquid. Okay, then the third thing you can do here is potentially treasury bills or short term bonds that, that you can put in here. Now you're playing this, this game of what's the return, what, what are we getting back and what's the liquidity on it? You know, short term bonds and treasury bills, there is a lock in for it, in for a period of time. So you just need to understand that. And even money market funds, you need to be careful if there's some provisions in there where you, you can only take a certain number of withdrawals or you have to have it in for a certain period of time. So you want to be mindful of it. Because as you're going into retirement, we want to make sure we have liquidity now, whether you're even close to retirement. Like, I have a fair amount of liquidity right now. I have no intention of retiring anytime soon. But the reason I keep liquidity is because opportunities come up with when the market drops 900 points, when the market drops a thousand points. In fact, as of the filming this, we had one of the worst days of the year in the market. And I literally called my team up, I said, let's invest, let's go buy more. Stuff is on sale, let's go buy more. So we want to have the liquidity there even as we're getting to time. If in your 30s, your 40s, your 50s, to take advantage of things when they go on sale, okay? And then this last piece of this element here is where do you have the money? So you can have the money in one of three buckets, tax free. That's your Roth accounts. Now I give you the pecking order where I want you to put this money in the wealth priority ladder. But I think it's important for you to understand that there's three buckets you have tax free. So things like a Roth 401K or Roth IRA are really important to have that. Because now down the road, you can take that money out completely tax free. Okay? Then you have tax deferred, which is your traditional retirement accounts. It could be your 401k, could be your IRA. Now you take a tax deduction upfront. And then when you take the money out, it grows completely tax deferred. But when you take the money out down the road, you pay tax on it then and you pay it at ordinary income tax rates. And that can hit you because it could affect your Medicare premiums and all kinds of other elements. So you need to be mindful of that. And at some point, the government says, enough. They force you to take out the money over a period of time. It's called required minimum distributions. So you get forced to take that out, okay? So that's tax free, that's tax deferred. And then there's your normal accounts. That's your brokerage accounts. This is, this is where you have your Schwab, your Fidelity, your Vanguard. And you're putting money in typical investments. And when you buy and sell and transact in those accounts, you will pay either short term or long term capital gains at that level. And you have those accounts, those are the three primary locations for those assets. And when you have money in those three locations, and this takes some analysis, you then can orchestrate the level of tax you pay in any given year because you can choose where you take your money from. Now, there is one more account that I'm going to throw out there that I didn't talk about, but I think it's important to just throw out here. And that is if you qualify and your situation warrants it. You could have what's called a health savings account. This is a triple tax advantage account. It is a beautiful account if it makes sense. It is for health care.

Expenses. You must have a high deductible qualified high deductible health plan. And you can put money into that plan to be used to pay for expenses. Here's the power of it. You get a deduction for the money going in. The money can get invested and grow, just like your ira, just like your Roth ira. Now, the rules do not say you have to reimburse yourself in the year that you incurred the expense. So with our clients, we say put the money into a high yield savings account, invest it and allow it to grow for a decade, two decades, whatever it is, and pay for your medical expenses if you can cash flow them out of your own income, your own cash flow, and keep all the records of those medical expenses. And then down the road, when you need.

Some cash, you can take a bunch of those receipts and reimburse yourself completely tax free. Here's the beautiful thing. Let's say you, you put in $8,000 for a couple of years as a family into, into the plan. It grows, let's say you did it for three years, you got 24,000, but it grows to 70,000. And now you take $10,000 out.

To pay for, to reimburse you for medical expenses, but you're going to use it to pay for college. It's tax free. But here's the beautiful thing. You put 24 in, you took 10 out, but it went up to 70. And when you took the 10 out, you still have 60. That's the beautiful thing with an HSA account. But you have to have a high deductible plan and it has to make sense. You have a tremendous amount of medical expenses. Like in my cancer journey. It doesn't really make sense, but it's a beautiful account to have here in this space. So your asset mix matters and where you put the money matters. So that's number two. Number three, and this is where some people will get themselves in trouble, is not really thinking about healthcare insurance and long term care. Okay? Medical costs are the number one underestimated expense in retirement. You, you want to have a plan before it's too late. You want to sit back and say, how am I going to do medical, how am I going to do medical insurance? You know, Medicare starts at 65. It doesn't cover everything. You can get Medicare Medigap insurance, you get Medicare Advantage plans. But understanding that becomes really, really important. Health savings accounts will come into play here also. But here's why this is important, is that if you have any kind of chronic or lingering ailment, it can get costly. The estimate is that a retiring couple today can spend, expect to spend more than $300,000 in total medical expenses during our retirement. 300,000. That's a lot of money. Or you look at something like my mom, we just lost her in September, unfortunately. But six and a half years she was on dialysis three days a week. We had her in a wonderful care facility where she had all this care and they were taking her dials, but her care over that six year period was over $850,000. So if you have any kind of chronic illness, it can get dramatic. And if you don't have the ability to pay for the right care, then you're going to be stuck with what you can get. And that might not give you the kind of life you want. So here's where you want to really start to spend some time. One look, let's just be real, especially if you're younger, take care of yourself, get checkups, eat right, do the right things. But beyond that, to plan for what might be medical expenses, medical insurance, things like that come into play. So long term care insurance might be a possibility for you. Something to think about. 70% of retirees need some for form of long term care. Now you can self fund it, like in our case, we're self funded. Once your money machine grows large enough, a lot of this stuff you can take care of financially yourself. But until that point, you might need to get a subsidy from the permanent. From the perspective like long term care insurance, if you buy it early enough, it becomes affordable, you know, so you want to look at those kinds of things early on and plan for it. Because if you don't have a healthcare plan in place, you may have gaps and those gaps can be costly. And in fact medical expenses is also one of the top causes of bankruptcy. And so it becomes really important to think about that. So number three is that number four is be prepared for the unknowns, y'. All. The biggest retirement risks are the ones that you don't expect. I remember my dad when he retired, the year after he retired, the market dropped. And when that dropped, his 401k dropped and that changed the dynamics of his retirement. And so what ends up happening, that's called something called sequence of return risk. And for instance, with the market, the way it has been as of the filming of this, as it's dropped and we've declined 9, 10% this year. Now I'm not concerned about it. If you look at the market, 8 out of 10 years it goes up. Average returns in The S&P 500 is 9 to 11% during the year. An intra year decline happens almost every single year. The average decline is 14%. So in the years that the market was up 20%, there was an average decline of 14%. In the years that the market was down, you know, 5% or 20%, you know, you need to understand that during the year it goes up and down.

But we want to look at things long term. The challenge is this, that's fine when you have 5, 10, 20 years before you need the money. But if you have a portfolio of say a million dollars, and you have have to start drawing it down, say the 4% rule, and the year that you retire, the market drops, it becomes a problem. And that's the thing that we don't think about and everything. I'm going to show you some numbers just to try and bring this illustration home. Here's. We're going to look at two people that retire and their average rate of return on a million dollar portfolio is 8% over 20 years. Average rate of return over 20 years is 8%. But here's what's happening. You will see one of them where the early years, they take the big losses and then they have the gains. And then the other one, we just reversed the numbers. So the gains are upfront and the losses are on the back end. And so they're exactly the same return year by year. But one is, it is just flipped. And so if you look at this and I'm going to, I'll show it to you. So I've got, I got these folks that are, are the bad returns. You see that the first year the market drops 24% and the ones with a good return, we just reversed it. The last year it drops 24%. But watch what happens. A million dollar portfolio and we all have an 8% average rate of return. But the math, the way it works out, if you look at this, the one that gets the returns reversed and they get the bad returns early on, they end up with $400,000 less.

Than the one that didn't. And that's 22% less, 22% less than the others. Okay, if you get the sequence of return risk right and you happen to hit it and you get all the good returns, not all the good, but better returns early on, literally they had 29% more, 1/3 more. So the difference is that one has 1.462 million and the other one has 1.884 million. It's a big difference. Now this was just to let you know and get you to start thinking, wow, it matters when you retire and how your portfolio structured because if you get hit like happened with my dad when he retired, that those early losses can impact you for the rest of your retirement. And so, so planning and being prepared for that becomes really, really. But a lot of times we don't realize that that's the case. Remember, both of these people had average returns of 8% over the 20 years. But it's just the way the returns played out that causes. So the solution for this is to make sure that you have the proper portfolio structure. The asset allocation based on your risk triad. That's your risk tolerance, your risk need and your risk capacity to make that happen. Two is to make sure. You have enough liquidity, cash and stable assets that you don't have to sell things at a loss and allow things to recover. Three, you want to make sure you have them in the right locations, the buckets, so you have the ability to draw from, from, from different, different accounts at different times. Okay, then the other thing to think about is this, is, in this time is one of the things that other folks do not think about is this idea of inflation. A 1% higher inflation rate will absolutely destroy a retirement if you're not careful about it. So, so being really clear about the cost of living and cost of living adjustments and all that stuff. So this is why it's so important to do a dynamic plan, because you can test that, you can see what happens and everything that comes into play to make that happen. And then the third thing from an unexpected element that comes into play is that realizing that retirement isn't about you, you got family generational expenses that come into play. You might have some family issues that you want to contribute to, you want to help to. You want to help other people out. But that when you are on a fixed income, when you have gotten to the point where you're not generating income, and if your money machine isn't large enough, can erode your ability to live the life that you want to live during retirement. And so this is why when you build the machine and you build your wealth and your portfolio, I want you to build in a margin for error so you can take care of some of these unexpected things, this, these things that you are even thinking about to make that happen. All right, that leads me to number five. And number five is, is estate planning and protecting your legacy. A lot of folks don't want to have this conversation about estate planning because it's uncomfortable. It's about death. It's about those kinds of things. Listen, I remember when I got diagnosed with a cancer, literally three hours later, I was in my attorney's office spending the time going back through with a trust to make sure that everything was done right. Now, Stephanie was not happy. She just, she was looking at it going, you're planning for the end of life. Let's just. Let's just figure this thing out. But it wasn't that I was planning for the end of life. I mean, yes, I was, but what I was actually planning for is my peace of mind. What I was actually planning for is my wife's peace of mind. What I was actually planning for is knowing that the people I love, my wife, my son, his wife, my Grandkids, my brother, my. Everyone was properly taken care of. And that I had the peace of knowing that. And not only that, Stephanie had the peace of knowing. These are the two phone calls you got to make. And you're good. Here's where everything is. And you're good. Because both of us had the.

The chance to watch both of our mothers stress out in tears when our dads passed away, wondering, can they keep the house? I don't know where anything is. I don't know how I'm going to live. I don't know any of this stuff. I didn't want that for Stephanie, and I know that you don't want that for your loved ones. And so it's important to have these conversations.

And set things up, which means that having a will, having a trust, having directives, being really clear. Now, a will is great, but a will isn't enough. A will doesn't come into operation until you die.

A trust will come into operation as soon as you sign it. And there's some things here. The will, okay, a will is, you know, hey, here's what. Where I want my assets to go. But in order the will to be enforced, it has to go through what's called a probate process through the courts. That means that it's costly. You're going to pay all these fees, some of them statutorily set. It's going to be time consuming, and things are going to be wrapped up and tied up for a period of time. And. And I think this is a big one because it's a court process, it's public record, so all your assets and everything you have will be on display for the world to see. Whereas when you have a trust, a living trust, it keeps things private. It avoids probate, so you avoid the fees. It avoids court, so you avoid that. And you are really clear about what you want, what goes where, why it goes where. And so you want to make sure you have a living trust and a will in place. Now, I'm not an attorney, and, you know, and it's different in each state, so. So get legal advice to make that happen. The other thing that you want is to have the proper power of attorneys and medical directives in place. These are tough ones. Okay? Who's going to make the decision if you're incapacitated? You know, and those are really hard decisions. I made the decision to not resuscitate my dad.

And that's a hard one that I still live with. But it was his wishes because it was written in his Trust. It was written in his directive. So I was abiding by his wishes. And so what are yours? And talk about it. And then the last piece of this is to make sure that you minimize estate taxes. Now, most people, because the estate tax exemption is so high right now, you're not going to get. You're not going to have that issue. But if it gets changed and it comes back down, you may. And when you build these trusts and you do that, you can minimize the. The estate taxes that you pay by doing this. And so here's what we realize, that statistics show that only one third of Americans actually have an estate plan in place.

I think that. Think about it this way. 100% of everyone has an estate plan. The question is, who penned it? Was it you, or is it going to be the government? Because here's what's going to happen. If you didn't do a trust, if you didn't do a will and you don't have an estate plan in place, then it goes to the courts and they will decide what happens with everything you have. So you do have an estate plan. It's just whether the courts are going to be administering it or you do it by your own choosing. I choose to do it by my own choosing. All right. That leads me to the last piece that I think that we often don't think about, and that is the psychological shift that you go through when you start to move into these golden years. Because you spent all this time living your life, working, doing the things, and you had a purpose. You had, you. You had a drive, you had everything that was going. And then all of a sudden, when you leave the employment or you decide to sell your business and you become almost lost without a purpose, and it feels empty. And you wonder why I got all these things.

But I'm not happy. I think that we need to think about this.

During all our years to live that balanced life where we get a chance to live things and have things in our life that are not tied to our work, not tied to our profession, not tied to our career, but are tied to our passions in life itself. Whether it's creating memories, like my wife and I intend to travel for a while, okay? Whether it's with grandkids or other things, whether it's with movements and missions or. Or contribution in charities. But I wouldn't wait till retirement to do that, because then you're searching. Find it on the road. One, it creates a richer life and journey while you're in your working years. But two, it allows you to keep that richness as you move through it. Because the psychological game that plays with you is tough. And there's a second psychological game, and that is this. During all these years, you're building, you're building your money machine, you're building your wealth, you're building that financial freedom. And now we tell you, flip the switch, start spending it. That's a hard thing for people to do. This is the very reason that when we build plans for our clients, I say, give me three to four joy points. The things that are visceral, that are emotional, that are sustainable joys. Not the momentary pleasures, okay? But the things that you absolutely love to do that carry the memories and carry the richness in your life. And let's put those in the plan.

So you are already creating this, this idea of, I, it's okay for me to spend on the things that bring me actual visceral joy.

And you're building the, the ability to spend on, On. On that experience without necessarily having the guilt because it's already in the plan. Okay? But in this time, having that sense of purpose, having that sense of, of movement is really important. There, there's been statistics that show that, that most people that when they have a strong sense of purpose, of generosity, of giving or anything in those retirement years, they're two and a half times more likely to report that they're happy in retirement. So find those things early. Find those things on your journey. Define those things on your journey, and keep on going. All right, y', all, listen.

Retirement isn't just about savings. Yes, we need to build the money machine. Yes, we need to. To save. We need to follow the wealth priority. We need to, to do that. But it's more than that. It's about structure. It's about liquidity. It's about healthcare. It's about purpose. It's about people. It's about living richly. It's about all of that. And when you do this right, and you think about these six things and you have these dialed in, you won't have the surprises that a lot of people have during those retirement years. And you will have the richness in your golden years and hopefully the richness on the journey to those golden years. I hope that you found this valuable. I hope that, that this kind of lights a fire under you to start thinking about things, whether you're 30, 40, 50, or 60, to really, really dial this in. Okay? I'd love to hear from you. What's your, what's your biggest retirement concern? And drop a comment. Let me know, maybe we can give you some. Some guidance on that process. Okay. Because I don't want you to make some of the biggest mistakes that most people make in their retirement years. All right. And I can't wait to see you on the road, and I hope I get a chance to see you on the road to your financial freedom. And until I do, always, always strive.

Thank you for listening to the affluent entrepreneurship with me, your host, Mel Abraham. If you want to achieve financial liberation to create an affluent lifestyle, join me in the affluent entrepreneur Facebook group now by going to melabraham.com group and I'll see you there.

And that's it for this episode of building your money machine, where we help you learn how to master your money, eliminate financial stress, and live a life of choice. If you found this valuable or helpful to you, here's what I'd love for you to do. If you do me a favor, go to Apple, Apple Podcast, or wherever you're listening to this podcast and rate and review the show. It helps us tremendously to keep us at the top of the list so we can continue to get this information and this message out to people. Because I truly believe that financial freedom is your birthright, and I want to help each and every one of you claim it. Thanks so much.