Planning with Parker: Different types of clients (Financial Safari)
A one-size-fits-all retirement plan can bite you. Here's how Capital Financial can customize each plan.
Welcome back to Financial, Safari and consumer advocates, Steve said. I'll have the pleasure of a sitting with Parker Hall in chief, chief wealth strategist, A capital financial. Easy for me to say. Of course it's planning with Parker, and that's what we're going to do right now and talk about different kinds of plans for different kinds of people. You know, you've never put the same plan together twice, and people have different ideas of retirement. And there's the There's the never ending traveler. I want to do nothing but travel talk about that. There's multiple types of families and people we meet with, and it's always entertaining. A lot of people asked us to get very repetitive. No, I mean, there is nothing that is ever going to be the same from one consul to the next, and with dozens of people that we meet with between everyone upstairs daily. It's always entertaining, kind of seeing the fluctuation. I mean, you have the people that never stopped working the people that I always want to travel, relocating, spending time with kids, it needs to work, and that's the big thing we like. Focusing on a capital is molding everything for individuals, goals and objectives and also their comfort level. I mean 96 year olds that want to be the most aggressive person out there, 25 year olds that want to be the most conservative. You have people that are wanting to sell everything, get RV and just go. It's always entertaining, kind of seeing all the buffers we have to build into every plan. So let's talk about the traveler, the RV person. Do you work with some of them? Oh, of course. And I love it all the time. The best part was around Christmas, when everyone kept saying they were taking their griswald approach in the years of retirement. That was always entertaining. But, I mean, that's a huge piece. Sometimes people like downsizing or using house equity and then purchasing something. Maybe it's the condo. Maybe it's a beach party. Maybe it's the RV, so they can always have a moving zip code. But it's whatever they want. And if it's able to be done, I mean, we want them to know that it can work, and that's really that's really up to the individual provide, of course that you know he's got the funding, and you can put the plan together to make sure that they've got that kind of income, that to achieve that goal. And that's the other side to We have a lot of people that they might have a job and want to start working from the cells turned a hobby into an income stream. I mean, there's multiple ways to make it work, too, and a lot of people think that they have to either keep working or that they're not gonna be able to do what they want in the amount of time because they don't have the assets. The best thing that we do, I think, is when we sit down with someone who thinks they have to work to 72 were able to make the numbers work at 65. I mean, that's just overwhelming feeling of just letting someone know that if they're working past a certain age, it's on their time, not somebody else they're gonna walk out here with a big smile is what you're saying. And the best thing I ever heard was a client called us recently and said they made me mad. Three days in a row, amount. That was the best cover, say, but they were working cause they wanted to. You touched on something a moment ago in that maybe when you get to retirement now, maybe I can be that entrepreneur that I've always wanted to be. That is that kind of person to do you help them? Oh, of course, people starting their own business, looking at setting of entities or possibly sometimes in very certain situations they might look a Reynolds or other sources of that sort. But no one ever, truly, I think, stops. But they might do something on their time or something they've always wanted to do. And if it provides extra income, it just makes our job easier. Friend of mine's dad retired in Florida, and he wanted to keep working, but he just didn't want to have to think about it. So we washes boats. Yeah, I mean, it's you know, why not? I mean, he's making money that he's not having to take out of his retirement, and he gets to spend time with boats every day on the on the water and the love. That's what he wants to do. Well, what a great concept there Parker was talking about, and it's true. We need to make a different plan for every client. We talk about this often on the program, and I think a lot of folks out there forget how important it is. Sometimes walking through the hallways, we'll hear people talking. It's just too good to be true is too good to be true when it truly is customized. It can feel that way. Well, this is why even in the environment we've been in lately, it's never too soon to get that plan. Don't put it off. Don't say I'm gonna wait to the market comes back, or I can't afford to put my money anywhere now because we have solutions that do not put your money at risk and also will build the sooner you get the money in the Boer Income, you can get every single year all the way through retirement and are insured income plans. So it's vitally important that we don't procrastinate. We don't despair. We get a plan. And Thomas, you feel so much better when you're into control when you could be in control with your own plan and we're gonna give you a way to do that right now. For the next 10 people will call. I'll give you three books set of three books. Severin but more importantly, a golden ticket. It's $1000 value to get your very own fiduciary financial in retirement plan done for you Absolutely Don't delay call in today. The number 8889108265 888910 80 to 65 where you can always text breeze to 21,000 way.