Personal Pension Radio


PPR 122: Nervous Retirees Not Spending Money

Airing Date: May 22, 2017

Airing Time: 44 minutes

Podcast Description:

Thanks to the death of private pensions, the devaluation of Social Security benefits and other undeniable retirement factors such as inflation and increased taxes, America is now in a retirement income crisis. Personal Pension Radio show is focused on helping you pack your bags for both halves of the retirement journey. Kraig’s mission is help you build & protect your wealth and lifestyle today and generationally.

Optimizing Retirement income does not happen with a product.  Mutual funds, life insurance, real estate, or annuities by themselves will not help you optimize your retirement income. You must have an integrated approach.

Full Transcription:

Kraig: Alright, back on Personal Pension Radio. Thank you so much. I actually realized how excited I was about this episode about the time I hit that mic button and volume level spiked up on my mixing program over here. I really appreciate it when listeners and especially clients who are listeners found me on the podcast that are now clients when they actually send me homework, homework that I can use for my podcast that is coming up and you will see that or hear that in just a moment. So you are on Personal Pension Radio, yes I am the income engineer, broadcasting from the Personal Pension Radio studio workshop here in Southern California, those of you know me here locally and maybe it is on Facebook, I am recovering from one of those Personal Pension Radio workshop inquiries that are always just a tons of fun when you do something that is YouTube worthy that I forgot to have my camera running, it would have been a hilarious fail. So, if you have not been to Personal Pension Radio, check it out, that is where all the back episodes are, show notes and such, you can also find us on of course iTunes as the easiest way to find the show down cloud and so forth but if you have not checked it out, if you are missing something, if you have got a question about something an episode you can not find, please just go ahead and reach out to me, email me, you could contact me actually through the website at personal pension radio but a lot of folks have actually been reaching out to me on LinkedIn. So go to LinkedIn and you find Kraig with a K Strom, you will find me right there on LinkedIn, if you search my name on google, you will find me for about 5 or 6 pages so you can learn everything you might want to know about the income engineer.

Now, let us jump right in because I have got you might imagine, I have got a lot to say but I want to make sure just a quick reminder what this show is about, what my mission in life is. As a certified financial planning professional, I am very comprehensive in the way that I look at individuals in their financial planning and their financial life in general. This show is really focused in on an area of the financial world that gets very little attention from the Wall Street educational machine that Wall Street marketing machine and that area is retirement income, the idea of actually pulling lifestyle and income and enjoyment from all this hard work and savings and investment, etc, etc. That is so rarely spoken of and I guess I would say it this way, spoken of in a way that would cause someone who really look forward to it, this idea of lifestyle in income often comes with sacrifice catch your income expectations, maybe you can live on less, those kinds of sad, disappointing conversation. My mission in life is to help you go after the optimized retirement income. Go after maximum lifestyle, maximum retirement income but it does not happen, this is the key, this is where Wall Street and I deviate. It does not happen with investment, it does not happen with life insurance or Roth IRAs or 401Ks, real estate or annuities, it does not happen with any of those things by themselves, none of those things by themselves will help you maximize your retirement income, you have got to have an actual plan, a strategy that integrates the best of all of these things, for example, life insurance, real estate, investments, annuities, all of these things working together in a strategically designed income plan, you can absolutely go after maximum retirement income but not a lot of plan. I really want to make sure that if you have not already done so, talk to your financial advisor or I just recently met a listener, we met on a go to meeting and he is in another state, he is out there in New Mexico and he actually found me through iTunes and through the podcast and he had in fact done this, this thing that I have encouraged people to do, numbers of you have actually gone out and done it. Ask what your retirement income number is under the current system that you are working under, under this current retirement expectation that you are working under, find out what your retirement income number is, go to the retirement nest egg calculator that Vanguard puts out, type in your numbers, find out what your retirement income number expectation might be and then remember I said this, I am here to keep you hope for retirement, if you run your numbers on one of those retirement income calculators and you think 'well, that is an okay number I can live on that, that is good'. I would ask you to think a little differently like, wow! Is it possible to have more? Or could I have more without adding more risk? That is the question I want you to ask and if your number from that retirement income calculator or from your financial planner comes back like 'Oh! is that all I get? Really? Is that the retirement income I have to look forward to? Ugh!'. I want you to know that I am here to turn the light back on at the end of the retirement tunnel, you just have to be willing to stop following the conventional Wall Street advice. Because conventional wisdom has not worked, it is just completely failed this generation trying to retire with the dream of that retirement Nell kind of fading away and reality setting in, I want to help you, I want to help you actually build and protect your wealth and make sure that you have a system ready to enjoy maximum lifestyle, maximum income in retirement.

Now, before we move past it, I always like to remember quick, short disclosure before the long one at the end, I am not an Attorney, I am not a CPA, I am certified financial planner professional. But with that said, please do not act on things that you hear on my show as if it was advised for you, this show was meant to be informational, not actionable for you and your specific situation, I really also encourage you, please do not act on things that you hear from financial entertainers, financial entertainers would be people like Dave Ramsey for example that have no financial licensing, they have no government over sight to make sure that they are giving good solid information. Please meet with a qualified financial advisor. I am not shy, I want that financial advisor to be me, I worked with folks all across the country, thanks to technology, the world is very small nowadays, we can basically have a face to face conversation and you could be in Tennessee as I say that because I just recently started working with someone in Tennessee and I can be here in California, the world is very small. So please meet with a qualified financial advisor before you start acting on anything and I would encourage you if it is not me, please go look for a certified financial planning professional that is someone where he or she worked really hard to be able to get and maintain that designation.

Now, the first segment of my show is called Watch Your Step. I am actually going to lump this into segment 2 which is client and listener questions or stories because one of my clients and actually a previously a listener still listening, thank you so much, Josh actually shared an article from Bloomberg that I am going to cover today, I want to just review it, and just give you my thoughts on it but those of you who are listening today and you did not catch it last week, last week on the last episode, I share this story of some friends of mine who are learning a very expensive mistake having listen to Dave Ramsey for advice on Real estate and they had paid off the house 4 years ago and basically credited Dave Ramsey's philosophy for having done so and now admit that they can realize now that they have made a big mistake if you want to listen to that, go back and listen to the previous episode, I have got a lot of feedback on that. Now, this week, thank you again Josh who sent me this article that the article title from Bloomberg which retirees are hoarding cash out of fear while younger generations get poorer, older Americans seem to spend it all. I will have a link in the show notes that the show notes do not get up soon enough for you and you want it quicker just contact me on LinkedIn or, you can find me that way and send me an email and I will send you a link to the article. Takes a long time sometimes for me to get these show notes up and approve and all that kind of stuff but now, the title which retirees are hoarding cash out of fear.

Now, I want to dissect that a little bit because I also want you to stop and please consider the source, I actually spent the day with a High School, in a High School classroom last week it was my annual visit to the local High School graduating seniors for the AP Economics and Math classes, I have a friend in my Rotary who invites me in just a have an open conversation with the graduating seniors on financial matters and financial discussion and I spend a good deal of time with them this year helping them consider the source and what I mean by that is that you got to look at where the information or the information bias is coming from. So first of all Bloomberg is a big Wall Street firm and Wall Street controls the marketing message, remember who controls the education system that teaches financial planners how to teach you the general the public how to retire in such, right? So just remember that the Wall Street machine is exactly that same machine that finances and Bloomberg whatever and Bloomberg has its own money making machine as a corporation for sure but remember who advertises, who controls the first strings for most of the average advertising for Wall Street firms like Bloomberg. Wall Street, right? Wall Street spends billions and billions of dollars a year on advertising, they are the big advertising dog in the yard, right? So just consider the source. Now, rich retirees hoarding cash, I pick it a part a bit right in the beginning whose counting them as rich, right? Rich retirees hoarding cash, well, could also be said that there is a lot of rich retirees that are just spending cash like crazy, so what are they calling rich? I did not get a whole lot out of it as far as what they are calling rich, what is the net worth that they are talking about because I have met some folks that would be considered on to the classic definition of rich and they are not hoarding cash, they are spending money travel and enjoying life like crazy. Now granted they might be spending money at a pace that is not running them out of money because they just happen to have a lot of money to spend, so the rich do not have a problem spending money. Hoarding cash I guess but again, I am trying to say what is the definition of rich here, right? Well, younger generations, that is easy, think millennials and coming up on to the millennials, right?

The millennials getting poor, totally believe that, I am watching that happen with some of my clients right now. Now, this article really goes around this new, this new study that finds many US retirees keep saving even after they have retired. Well, that is personally not new to me, that happens all the time, I remember even as a young financial advisor, a long time ago, I remember meeting Bernard, Bernard is actually, well, Bernard's no longer with us but I always remember Bernard. When he came to visit me, he was introduced by a CPA and he came to visit me at my office and he was wearing a Dickies and you know they are clean but just Dickies, a good simple work outfit and he drove in in an old Buick, probably 15 years old at that time and Bernard was about 75 years old at that time and he still wore Dickies and he drove his old car. Well as it turns out, Bernard had lost his wife a few years earlier but they have lived a good life together but Bernard essentially had been saving money, saving, saving money even in retirement, he was saving money because of the generation that comes from, right?

So this new study that finds US retirees keep saving after they have retired, well let us talk about the generation that is retiring, that is the baby boomers and what did the baby boomers parents live through? They live through the great depression, they live through the great depression. So, saving and keeping a word chest, if you will, emergency money, save, save, save, save money. That was the Mantra that the baby boomer generation heard from mom and dad, it is still part of that Psyche of the baby boomer generation to keep saving, to keep accumulating. So, back to Bernard, when I met Bernard, we got to talking about why don't you spend money? Why don't you buy a car? He had lots and lots of money saved up, why don't you buy a car? Oh, I do not need a car. Why don't you update where your house and fix up your house? Oh, my house is fine. He basically just was comfortable living the way he was and when I asked him, if he had more money, more income, what would he spend it on? And he said, 'I'd spend it on my kids and my grand kids.' And that is a creative conversation around. Alright, what if we could do X, Y and Z and now we could have more income and we can live more behind for the kids. Well sure enough he love the idea of living more for the kids, he loved the idea to spend the income on Grandchildren for example, so we put a plan in motion that effectively increased his current income by about 30-40% and he had a really good increase in his income. Some of the other ideas we talked about were buying another car and spending some more money on himself and doing nice things for himself. Well, fast forward about a year and a half after I met Bernard and we had met a number of times after that but going over whose finances sure enough, exactly like this article says, he had just saved even more money, he had not spent money on the car, he did spend some money on the grand kids and the kids but he really did not spend the extra income because it was just built in to his DNA that he just was not that he was going to keep himself under control when it came to his spending in he would save instead of spend, right? It would save instead of spend .

So, this idea that a new study finds US retirees keep saving even after they retired, well, yeah! I mean, you did not need a new study for that, that is I think that has been the case with the baby boomer generation especially for a long time, okay? Now, it must mean, now this is what I have, this again, the new ones to this, when it says baby boomers cut, they cut spending and increases savings, right? This article says that the folks that are over age 60, they cut their spending by 2 and a half percent in a year. Okay. Again, they are not being detailed, so I am assuming, this must mean that they cut their spending on lifestyle because life gets more expensive by at least the inflation rate every year, right? If you live here in California for example, you look what is happening in California, we once again are back on top, I think we have been close to the top number 1 or 2 every year for a long time. the highest taxes of any state in a union and a wonderful state government voted to increase our gas tax again. So just being able to drive a car, the gas tax price went up some I do not know, 20 or 30%, some ridiculous number. My coming back, I am assuming that the article is referencing this cut in spending is on lifestyle because life in general just gets more expensive buy at least the inflation rate every year, right? It goes on to say that yet these retirees or at least the affluent one.

Now, there is a good word, this idea of rich, rich is what they used in the title and here now they are using the word affluent. Affluent, it makes more sense, now, they are not necessarily rich but affluent that leaves me to believe this is somebody that they have got a pretty healthy investment and savings portfolio and so forth, right? So yet, it says, these retirees are at least the affluent ones are not spending it. So, they are saving money but they are not spending it, it turns out they are afraid of the unknown, that is right from the article, it turns out, they are afraid of the unknown. I personally think that retirees and those retiring soon are afraid of someone they know very well, it is called the boogeyman and it happened in 2008, 2009, and 2010, it was the worst, right? Less than a decade, the world experienced the worst financial meltdown that we have seen in the last 2 or 3 generations, 2 generations at least, right? That is the boogeyman, they are not afraid of the unknown, they are afraid of exactly what they saw less than 10 years ago happening again. It was worst for the baby boomers because they have the least amount of the most valuable commodity in retirement planning, let me say that again, that boogeyman, that recession, the great recession was even worst for baby boomers and those who were looking towards retirement because they had the least amount of the most valuable commodity in retirement planning with just time. People planning on retirement were set back on their heels like they have been punched in the chin, in the wake of that financial crisis, retirees or those soon to be retired or hopeful for retirement, they became afraid, they became afraid of a boogeyman they had never actually paid attention to. That boogeyman came out from behind the curtain, behind the door, behind the shadows and was front and center and scared the holy heck out of people. They are not afraid of the unknown, they are afraid of that exact thing happening again. That is my opinion folks, but I have talked to a lot of people and I study this, I do this everyday of the week all the time, right? So, I think people are just truly afraid of history, short term history, repeating itself.

Now, this article goes on to reference of 2016 study in the journal of financial planning. It found that the wealthiest fifth of US retirees are spending 53% less than they could have. 53% less than they could have. Meanwhile, the poorest 40% generally spend more than they safely should, the median retiree. Now, let us stop there because again I want you to consider the message, who says by what definition are they spending, right? That they could spend more, that the poorest 40% generally spend more than they safely should, by whose definition, if it is by Wall Street definition and you have listen to the show before you know that Wall Street is spending recommendations has been very self serving to the Wall Street machine, you have heard 4% withdrawal rates in retirement, right? People drawing out more than they should safely draw out, well, who sets that bar? Well of course, Wall Street in a Wall Street machine in general sets that bar. I am here to tell you that if you build your retirement income plan correctly, you do not have to live with this idea of what you should settle for safely under the Wall Street system, you can actually have a very healthy income without risking the longevity of that income, okay? And the idea that the wealthiest percentage a fifth of the US retirees are spending 53% than they could have, okay, great! Well, if they had a retirement income plan that they had could actually ignites in confidence in them, they might actually spend it. But the Wall Street retirement story is not one that in genders a great deal of confidence, okay? Now, Texas Tech University has done a survey, now they reference this and I like Texas Tech University, one of my favorite people, Wade Fow, Doctor Wade Fow was interviewed early on in this podcast along time ago and I like Doctor Fow, he came from Texas tech university and he was affiliated through Texas tech in a number of research papers and things like that and this was a Texas Tech University survey referenced in this article. So, the article ask this or the survey asked this question, "What is your greatest fear about managing your finances in retirement?" What is your greatest fear? So, here are the 5 or 4 answers, these are the 4 answers and I will get to the top answers that they have listed, but they summarized of all the answers. Number 4, dying before I could spend all my savings.

Again, I smile, I am sorry I am trying not to be ah! But I think this a dumb question, somewhere, when they say what is your greatest fear about managing your finances, they did not just generally with these kind of surveys, they do not just leave it out there, they give people options, they give people a selection. It would be very difficult to categorize all of the answers if we just let it be a completely random survey. So I have to believe that they put this on there as an options to choose, dying before I can spend all of my savings was number 4. Now, I personally think that, that is a dumb question or a dumb one to put on there, because I can not recall in 18+ years of doing this, anybody who actually really did believe in the idea of bouncing their last check, like spending all of their savings. I had people say things like I am going out naked and poor just like I came in this world. I am going to write my last check and it is going to bounce after I die. It sounds good but once I have gotten to know those people, they do not believe that. They want to make sure that they have a cushion, they do not want to get close to spending all of their savings, it is not even in the realm of possibility for most people, okay?

Number 3 on the list, was not leaving a large enough inheritance, that is in fact a big one, I see that one frequently, I actually heard this specifically last week, I sat with a client doing an annual review and he specifically chooses to live on far less income and forgoes things on his bucket list and he is n his now just after he is 76, so he lives on far less income than he could and he foregoes bucket list items like travel so that he can leave more money to his daughter. Now, I appreciate leaving an inheritance, but dang! It's just, I could not help them, you know I can not twist his arm but it really pains me to see someone who has worked so many years, worked so hard, paid for his daughter's college supported her, helped her all of this things and today he sits on a paid off house, he has got guaranteed accounts, he has got excellent income, he has got everything he needs and he could have more income and travel while he is healthy but he is still sacrifices to leave a greater inheritance. Now, I commend him, I appreciate, I respect it, still I wish that there  was that, that part of him that I just wish. Now, the second one, not being able to live my desired lifestyle, okay? And this is the irony of these things, right? Is that the number 3 one is I want to live a larger inheritance but number 2, right? The number 2, what is your greatest fear is not being able to live my desired lifestyle.

Well, I just told you, my client has a vision of his desired lifestyle but he is not living it even though he could because in his mind, the inheritance is more important, he is going to prioritize the inheritance over his own happiness and that is just the way it is going to be. The number 1 item on the survey from Texas Tech University on what is your greatest fear about managing finances in retirement was not knowing how much I can spend safely. So, Professor Christopher Browning from Texas Tech said, "we found that even in a worst case scenario, they could have spent more." There has to be another explanation, right? There has to be another explanation and here is what he said, 'reasons that are not rational'. Remember what I said in the previous episode, I talked about this phrase, irrational exuberance, people getting all excited about this stock market going up and up and up for example.

Well here, Professor Christopher Browning from Texas Tech University as referencing this idea that even though their research found that people could have spent more much like I just said in m client's case , he could spend more, right? That it is going to come down to reasons that are not rational, they are just not rational and one of those irrational reasons maybe a simple thing, a simple habit, there is something strange that happens when people retire. All of a sudden now, you are not getting a regular pay check and that scares the holy heck out of people, it really does. This article touches on a few things like annuities and bond letters and things like that say, there are ways that you can have a fix, that you could get a consistent income that would mimic a pay check and it references again, it references these things almost in passing. This idea that you could set up a bond, a portfolio, or annuities and different insurance products that could cover it but really it gave it such a small snippet that I actually noticed it like, well not unfortunate opportunity to really dive into me the how do you help people change this? How do you help people change this habit of not spending the money, the maybe out of fear of not getting a regular paycheck. I have seen that concern in people when they are getting close to that retirement timeline, they are really thinking about me, think about this that paycheck, whether it is coming from the business you own or the business you work at, that paycheck is the gold or the golden goose, right? I mean you are getting those golden eggs and that is the paycheck that when you look at goals set before retirement, a lot of people abandon those goals, they abandon the predetermine spending plans and budgets because they are terrified to see the balances on the retirement accounts drop even just a little bit and I have seen that before.

I have actually seen that with clients that they just get frozen when the balances go down even though they may have gone down, because they are pulling money out according to a retirement plan, right? Now, here is where again, here is where things I am going to probably as I wrap up here, I am going to get a little riled up because this is the part that just gets me, right? This is the part that gets me that even if retirees live longer and healthier lives, they become more pessimistic about the economy and the stock market and their own financial situations, this is what the article says. And I am going to read it one more time and then I will give you my take on it. "Even as retirees live longer, healthier lives, they have become more pessimistic about the economy, the stock market and their own financial situation." Well, I wonder why, hello, why, why on earth would anybody be so pessimistic about the economy and the stock market and their own financial situation, isn't there retirement system working the way it was promised, 20, 30, 40 years ago? Isn't the retirement system giving them the picture that they had always dreamed of? Oh no! It is not! Right? Consider the source, right? This article is written in Bloomberg, so Wall Street firm, it is Wall Street that controls the message, right? That is why people are upset. That is why pessimistic. Baby boomers are not always pessimistic or becoming more pessimistic because of the economy of the stock market, they are becoming pessimistic because what they were promised all these years, the retirement system, this is the way you retire, you save more money, you max out your 401K. This is how we do it, it is failing them, it is failing the retirees that are going in to retirement that are actually brave enough to ask the question, 'how much income can I have?"

Remember that question, how much income can I have? Ask that question, get a really disappointing answer from the Wall Street machine and you might become pessimistic too, right? Consider the source. Our professor friend, Mr. Browning goes on to say, after a lifetime of saving, it requires some psychological gymnastics to start spending your Nasdaq. Mr. Browning suggested that financial planners, listen to this, listen to this crazy talk. Professor Browning suggest that financial planners urge their thriftiest clients to make big purchases like a second home or fancy car before they retire. Out of their pot of savings, the idea he said is listen to this, training people to spend, how irresponsible and crazy would that be if I as a financial planner, looking in someone's finances, I do not know how long they are going live, I do not know what the economy would be like, I do not know what uncertainties lie around the corner, so I am going to teach my clients to make large purchase, big purchases out of their pot of savings. Savings that presumably is intended to be used for retirement income in lifestyle sustaining, right? So that I can train them to spend. Ugh! Gosh! Kills me! Make big purchases like 2nd home or fancy cars, training people to spend seriously, what about training, here is this, what about training financial advisors on the economic rules of retirement income, huh? Maybe?

What about training economics professors at Texas Tech University, all of the new ones and the economic rules of the retirement and how to combine those with accumulation and investment strategy with distribution strategy so that we can have certainty around our retirement income because I will venture this, I will boldly say this that retirees who have more certainty around their paycheck, their cash flow, certainly eliminates pessimistic attitudes towards retirement and their finances. What about training Wall Street? Here is the big one, what about training Wall Street to admit, publicly admit that the retirement system that they have overseen since 1978 has failed the baby boomer generation and is set to fail the next sequential generation after that, okay? What about that? Here is my conspiracy theory for those of you who have not heard it before, I will share it real quick. Here is my conspiracy theory, okay? And I will start it with this question. When was the 401K created, when was the 401K, the modern retirement system, the dominant retirement system that we have today, when was it created?

Some people are saying 1940s, 1950s, 1960s maybe. No! 1978, people, the 401K, right? Was only came into existence in 1978, this generation right now, this group of people is the first to ever try to retire in the 401K era, okay? So here is my conspiracy theory around the retirement system that we have today. So back in 1978, maybe a little earlier, the government organized a controlled hunt, a controlled hunt, you know where you get to pay to go hunt some wild, wield the beast from some far off land, you know. There are people that actually pay money to go hunt animals that have been brought in for sport. So, the government organizes this hunt, okay? And they go off to the congress who created this law and they are looking at and they are going okay, we need somebody to market this new hunt that we have, we are going to gather all these people up in this fenced in game preserved that we have created called The IRAs and 401K world, right? We are going to gather them all up there in this controlled place and we control the rules, we have got to market that, we got to talk to somebody about marketing that. So, Congress goes to Wall Street and say, hey! We have got this new program where we are going to basically and roll a bunch of people into our controlled organized system that will put in in this big fenced in area and we really need someone to help us market it and pitch it and manage the money, okay? Would you help us? and of course Wall Street says, yeah! We will do that all day long, no problem, we will do that and by the way, $25 trillion later, $25 Trillion in 401Ks and IRAs and pension plans and all of this, ah! It is an awesome, awesome system, right?

We have got a lot of people in this fenced game preserved. So, Congress needed someone to market it and sell it, Wall Street says yes, we will do that for sure. But now, congress needs somebody to be able to pick off those people necessary to collect the taxes that have yet to be paid for example, so they go to the IRS and the IRS says, sure! We will be your hired gun and we will go get those taxes and we will harvest those taxes whenever the time is right, right? So that is my conspiracy theory around 401K and IRA. The government organized the hunt, it really got going in 1978 and $25 Trillion later,millions and millions and millions of Americans standing shoulder to shoulder inside the fenced game preserved waiting for the IRS to pick us off, right? I mean that is it. So what are we teaching the public? Right? What about teaching the public that retirement can not be fixed with investments alone? That retirement income can not be fixed with solely things offered by Wall Street, this article touched on it just ever so briefly that the answer to retirement might include annuities, it might include life insurance, it could include a way to balance real estate that transitions into a bond portfolio, who knows? But it is not just Wall Street solutions that will fix the retirement income dilemma, right? It's just not going to happen, so this idea of training people to spend, oh! gosh! I wish we could actually train financial advisors on the economic rules of retirement income, if we could train more financial advisors to understand the other half of that retirement planning conversation that Wall Street is not teaching, that would be magic.

Unfortunately, it is still going to be just a handful of us like myself, the income engineer, out there just yelling from this microphone in my shop, ask for your retirement income number, ask for your retirement income number if you have not run your retirement income number with your financial planner or on one of those online tools, please do that. Get yourself a wake up call, wake up and when you are ready, and even if you would like to, I will run the current Wall Street income analysis for you and then I will give you a retirement income strategy analysis as well, you can compare them to yourself. So there is your call to action, remember, the future belongs to those who take action. Do it today, get going. Personal Pension Radio, contact me there, I very much look forward to it. I hope you enjoy this episode, please leave a review in iTunes, I have had a few additional reviews on iTunes, I greatly appreciate when you leave me a review and also send me any questions or things that you might want me to cover so much in this article, I tried to cover as  much as I could without going 3 hours. So, that is it, until next time. Have a great one wherever you are. Thanks again for listening.



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Category:Personal Finance -- posted at: 7:00am PDT