Financial fulfillment in retirement

Hello and welcome to the Hey Boomer show.

My name is Wendy Green and I am your host for Hey, Boomer.

I had a very short night of sleep last night.

I got a phone call about one in the morning from my stepdad telling me that my mom was

going to the hospital in an ambulance.

And so I drove over to get him.

And we had a very harrowing drive going through very dense fog to get to the

hospital. And I was very pleased with the thoroughness of the tests that they did at

the hospital. They did everything.

She presented with a lot of gastro issue issues.

But what turns out is she has COVID and he probably had COVID the week before.

He is doing fine.

And she is now home resting comfortably.

And I am keeping my fingers crossed that after spending all of that time with them in

hospital, that I am not the next one in the family to come down with COVID.

But I'm telling you this story because typically we think of COVID symptoms as the

cough and the fever, which is what Dawn had her husband.

She did not really have that.

She hasn't had a fever.

She had some cold symptoms, but hers was mostly stomach issues.

She couldn't keep anything down, hadn't eaten in a day or so.

We were worried about dehydration.

But if you have any of those symptoms fever, cough, stomach distress, whatever, go ahead

and do the COVID test.

I'm sure everybody probably has the COVID home test now and just do it so that you are

sure that you do not have COVID and you do not go out and expose anybody else to the

virus because there's a new strain.

The hospital was telling us, and they are seeing the numbers go up.

So that's your public service announcement for today with, Hey, Boomer, I'm on a mission

to support and inspire adults in this next act of life, to find new beginnings, to

confront endings in transitions, and to find meaning and purpose in their lives.

And from many of the people that I talked to about what's next in their life, they are all

looking for a way to make a difference, to feel like their life is meaningful and they

have a way to give back.

They have a way to participate in in their community and their families and their lives.

And my guest today, Joe Alegria, is the co founder of Carlson Hilaria Wealth Management,

which is an independent registered investment advisory firm located in Illinois,

where he lives with his wife, Jackie, and their two sons, Brooks and Bennett.

And Joe is also the host of the Retirement Power Hour podcast, where he helps the 50

plus crowd invest more wisely and retire better.

On his podcast, he discusses topics like investment, retirement planning, behavioral

finance, taxes, Social Security, Medicare and more.

And in fact, I was a guest on Joe's show a few weeks ago.

So we talked about the more the lifestyle.

Joe also has been featured in the Wall Street Journal, USA Today, CNBC, Yahoo

Finance and NASDAQ dot com.

So I'm sure we're going to learn a lot from him and have a really good discussion.

Before I bring him on, I want to thank Rhodes Scholar for their support of Hey,

Boomer road scholar is the not for profit leader in educational travel for boomers and

beyond. They have trips to all 50 states and over 100 countries.

And you can get to their site and preview some of their trips by going to Rhodes

scholar or a scholar dot org slash.

Hey, Boomer.

I also want to remind you that I am hosting a trip to Costa Rica with Rhodes Scholar June

2nd through 10th, which is going to be an amazing adventure.

I'm so excited about it.

We do still have a few slots left for adventurous travelers.

I would love to have you join us.

So if you're interested in finding out more about the Rhodes Scholar trip that I'm

hosting to Costa Rica, just drop me an email.

Wendy at Hey Boomer Bizz and I will send you some more information.

So come and join us.

And with that, announcements are over.

Let me bring Joe on and start talking about this.

No.

Hi, Wendy.

Glad to have you on the show today.

Well, thank you. Yes, thanks for having me.

It's a pleasure and an honor.

And I love listening to your show, so it's awesome to be on it for once.

Thank you.

And Anna Lee dropped me an email if you want the information rather than posting it here

in the chat. So as I was saying to you, Jo, before we came on live, I saw that you played

college football and majored in marketing and now you're a certified financial planner.

So I'm curious what made you move into that direction?

Yeah, good question.

It was probably could have could have been luck or happenstance, but when I graduated

college, it was at a time where the job market wasn't near what it is today.

It was very difficult to find employment and I was having a hard time finding a job in my

area. And so I was literally going through my phone book and just calling people

contacts that I knew and whatever business and just saying, do you have anything?

And so I ended up calling someone who was a former coach of mine and owned his own

financial services company.

So that's how it all got started.

I thought I was going to go there and maybe do some marketing for them, but it turned out

that I studied to get licensed as an advisor and really liked it and enjoyed it and and

just continued with that.

And that was I was gosh, I had to remember what year it was over 11 years ago.

So I've been doing that ever since I got out of college.

And then you went on to get this sort of financial certified financial planner

designation, which is really a tough designation to get.

Yes. And that was a few years into my career.

And I and I thought to myself, if I'm going to do this, I want to do it right.

And I want to get not only just get the credential, but I want to be knowledgeable.

I want to be able to do a good job at what I'm doing.

I want to know what the top financial planners are thinking about and talking

about. And at the time when I got the CFP, it was popular, but not nearly as popular as

it is today. And today it's it's a good thing.

It's almost a minimum requirement for a lot of people out there that are looking to hire

an advisor. That's people are much more aware.

And I think it's a good thing for our industry because it's a way to separate the

people that are serious about financial planning from the people that are just out

there trying to maybe sell a product, a financial product, an insurance product or

something like that.

Right, Right.

Well, congratulations on achieving that.

Well, thank you.

So. I was thinking about all the people that I talked to about the what's next program

that I do. And many times people will say to me, Oh, I have no problem with that.

I am so busy in retirement, you know, like, I don't need the what's next program.

And then, of course, there are other people that never took the time to look at what

they're going to do when they retire and they're the perfect client.

So I'm wondering with you, like there's a lot of people in certainly that in my age

group that I know that have managed their own money, like with Fidelity or something,

you know, and now they're retired and they're not saving.

So what would you say to them when they say to you, Well, I don't need a financial

planner now, I'm not even earning any money?

You know, this may surprise you, but the people that say that, I would say, okay, you

know, not not everyone does need a financial advisor.

And I'm certainly not going to try and convince you if that's what you believe.

A lot of our clients, though, they don't think that they they want help and they know

that because they had an entire career doing something completely different, not in

investing, not in the financial world.

They don't have the expertise to put themselves in the best position during

retirement. So that's really gratifying for me and for our team is to work with people

that want to be helped and know they need help, and we're able to deliver that that

help for them.

Now, I could I could try to convince those out there that say, I don't need an advisor.

But it's generally not worth it.

But there's also a difference in what we do, Wendy, and what people think advisers do.

And when I say we, I'm talking about our firm.

Yeah. A lot of.

People think advisers just pick mutual funds or stocks and it ends there.

And I guess some advisers still do that.

But what we do is wealth management and financial planning.

So all those things in your intro, when you're talking about the topics that I speak

about on my podcast, The Retirement Power Hour, it is not an investment only podcast

because we're not an investment only company.

So I help people look at maybe how to pay less taxes, how to make sure their assets go

where they want when they pass away.

That's estate planning.

We project out how much they can spend and it's really goal driven.

So our whole idea and goal is to be able to help you do the things that you want to do.

It's not always about let's just find the investment out there that's going to get me

the max rate of return.

I mean, that that would be great if we could do that.

And if you had a crystal ball.

Exactly. And we're going to be the first ones to tell you that we don't, but we're going to

use fundamental fundamentals in investing and create a customized plan so that if you

mentioned travel again in the intro, if someone wanted to travel and it's going to

cost a little bit of money, then instead of an advisor just saying, Oh, you should be

fine and do that, you know, that's very gray and we want to be able to deliver outcomes

and and solutions to folks where they can feel very confident.

So when people ask, Can I take a $30,000 trip, I don't just say you should be fine and

really base that on nothing more than my opinion.

But we actually pull up their retirement plan.

Their cash flow projections will enter that what if scenario and we'll see what it does.

And a lot of times, yes, you can do it, but here is the outcome.

Yeah, it is going to make you have less money down the road.

Now, you can't run out, but having a little bit less down the road may not be that big of

a deal.

Yeah, depending on where you are.

If you can do what matters to you now, hardly anyone's ever come in.

I don't know if anyone ever has come in and said, I want to have as much as I possibly

can when I'm 100 years old.

You know, that's generally that's not the goal.

So. Right.

Yeah. And I know from our conversations that you get a lot of fulfillment helping people

reach their goals and find ways to to find their own fulfillment with the money that

they've worked hard to raise.

So I imagine that was part of your motivation for starting the Retirement Power

Hour podcast?

Absolutely. You know, that's all about education, and it started out of the COVID 19

In fact, it was something that, you know, a lot was happening every week, I mean, even

day by day, and not only the world, but the market.

And so that started as a way for us to send information quickly to clients as I started

hosting these webinars.

And I would make them live just like this one, people could come on, ask questions, I'd

explain what was going on in the market, and then over time the market started to

stabilize a bit, much more than than what it was doing at the time.

So the focus of the market went away a little bit and but I wanted to continue doing

that sort of communication.

So we went from once a week to once a month, and then I just did educational webinars on

all these different topics tax planning, retirement investments, behavioral finance,

insurance, Medicare, Social Security, just to educate.

And we kept that going.

So we've been doing the retirement power hour for a few years, but it became an

But I've done that, you know, for years in the form of written articles as well.

So we've got over right at this point.

I think it's it's got to be close to 90 blog posts on our website from that have

accumulated from the past five, six, seven years on all those various topics.

And those are, you know, I've written those just just to educate.

They're really great for our clients, but they're also good for people out in the in

the general public as well.

And one of my posts just recently, we we found out it got over 10,000 views in a

single month.

Yeah, that's.

Great. That really blew me away.

And people are calling from all over the country asking questions on Social Security.

So that's it all goes back to education.

And the last thing I'll say, I don't want to keep talking, but.

Occasional part of it.

People at every single turn are given bad and wrong information by media entities and

the TV. The radio people are they're faced with it all the time.

And it's if I'm a if I'm a media publisher.

My incentive or my goal is to get as many clicks as me downloads.

And the way to do that is to drive and increase fear.

That's what increases engagement.

So unfortunately.

Yeah, we on our show are sort of the anti media in a sense that we don't do the fear

mongering. We bring it back to education.

We're not going to tell you what you want to hear.

We'll tell you the truth.

And tell you pros and cons, a lot of people will say, oh, all all stocks in this category

are bad or all for one case are bad or it's never all or nothing.

Right, right.

Place for everything. So we believe in education because we're fighting a we're

fighting a tough battle against a lot of fear entities out there that are pushing

fear. And we think people need to be smart about this and plan.

But we're the first to tell you, don't worry, put a plan together, but don't worry.

It won't add a single day to your life just by worrying about it.

But if we can help, so let's let's stop talking about fear and let's talk about

fulfillment. Right.

So you take your clients through a process of questions, right?

To help them figure out what are their goals towards fulfillment, as I understand.

Is that right?

Yeah. And it's different for everybody.

And so it's really a it's something that most people can't even answer the first time.

We can't quite get to what means the most to them.

And the reason is there is this giant hurdle that is staring them in the face in the form

of just survival and retirement.

And I, I often talk about a pyramid of retirement success.

It's three levels. And that first level is survival.

And that's just Wendy, hey, I'm going to retire.

I just need to be able to pay my bills and and survive.

Can I can I do that?

And a lot of people, because they don't have a financial plan, I don't mean to be like a

broken record, but because they don't have a retirement plan, they can't answer that

question. And some people will even retire.

Not having answered that question, and they'll just hope I'm just going to retire

and I should have enough.

I'm going to take what I get from Social Security and and this and that and make it

work. Well, they hardly ever can look beyond that first hurdle because they don't they've

never drafted or had anyone draft a plan for them.

But that's that's so common.

That is not uncommon. If that's you out there.

That is not uncommon at all.

So once you get past the first level, most people get to that second level that that I

call survival plus.

And that just means, yes, I found I could survive in you know what?

I could do a few things I like to do as well.

I could take maybe a couple of trips, do some gifting maybe to charities and small

amounts or whatever.

But I'm able to mostly maintain my lifestyle and do a few of the things I was that I

couldn't do when I was working.

I could. I'm doing a few of those things now.

But few people get to the third level of that retirement pyramid of success, which is

that true Retirement fulfillment.

So in order for us to help someone get there one day, that was a long way of saying we

have to help convince them that they can get past level one, that they can survive, that

they can get past level two.

They can do some of those things that maybe they weren't able to do before.

And now their mind can open up to just think about what is possible at that third level.

And those are fun conversations.

They're very introspective, so they're not financial at all.

And that's why it's it's a little fun for me to help provoke those thoughts for for

clients.

Yeah. So that's things like, do you want to leave your money to the kids?

What charities do you want to leave money to?

How do you want to?

It is money while you're awake.

While you're alive?

Yeah. We give examples like that.

So yes, some people it is, some people like to spend it and and that in their minds, if

they can travel, if they can experience as much, that is fulfillment for them.

Others like to leave as much to their children or grandchildren or maybe fund a

grandchild's education.

And so we'll help continue to give examples.

Others are very charitably inclined, so they want to make a difference toward a certain

cause. And then they can contribute their money there.

But again, a lot of times people will do it and maybe they'll give small amounts and

makes you feel good, but maybe it doesn't make you feel like, again, fulfilled, like

I'm really making a difference.

And so the best part is if we can help you think outside of the box on.

How to use your money, and then also how to use your your time time.

Right. That's where I come in.

Exactly. But again, you've probably seen this, too.

But a lot of people, if I'm not certain about my financial future and it's like I

don't want to bring any change into my life, I just want to keep everything the status quo

because and it is a little bit of, I think, fear driven.

I don't want to change anything because I don't want to mess anything up.

Everything's going good now the way it is.

And I'm afraid if I change something again, I could throw something off.

So we talk about how to use your money, but we also talk to clients about how to use

their time.

Yeah. So?

So a question just came in and I was thinking the same thing.

Susan So if you've reached this point in your life and you have not had a plan.

So you feel that fear that I'm at level one, I'm survival.

You know, survival is where I'm at.

Is it too late to put together a plan?

No, no, I wouldn't.

I mean, there's different different parts of that question.

You financially I'll be again, I'll be honest and tell people if you haven't saved

and you're not in a good financial position and you're 70 years old, that's a lot

different conversation than if you started talking to an advisor at 40.

Now, many people, though, do come to me and to us, Wendy, and they think they're not in

good shape. And they think that because they don't have maybe they don't have $1,000,000

in their portfolio.

But we find that maybe with Social Security and pension income and maybe some rental

income or other streams of income and an expected inheritance and and low expenses,

that they're actually in really, really good shape.

And I've and that's really gratifying to is to to help relieve that fear.

It's never too late to get a plan.

That's I always equate things to the doctor if you haven't been to the doctor and in ten

years and I'm not good about this either, so I need to go to that.

But if you haven't been to the doctor in a long time, is it too late to go?

No, absolutely not.

Hopefully the doctor can say, hey, you're you're doing fine.

Here are some things to address.

We'll, you know, here are some goals or.

Some medicine or hopefully something like a nutrition plan in a rare instance, may they

say. Hey, we found out that you have you've got stage three cancer.

They could they could say that.

And we we we may say that to someone who's really doesn't have a plan and hasn't hasn't

ever had one and hasn't ever talked to anyone about anything and has no money saved

up, sometimes we would say that, but there's always a way to make things work.

And so I never want people to feel discouraged if they don't have a plan.

Your expenses, you control those.

So you can you can control those.

We may not control our the total size of the portfolio fully and how it grows and things

like that. But you control your expenses and if you're healthy, you can control your

income because you can keep working or you can work part time, which has a part time or

that semi-retirement.

I don't want anyone to look down upon that because that is a it provides extremely

positive financial outcomes.

And there's actually studies that have been shown that it provides great psychological

emotional benefits.

You know, you live longer, you stay healthy.

So I encourage people to continue working, even if they don't necessarily need that part

time income.

Right. Because it also adds to your feeling of relevance, your feeling of still

mattering, what matters, what you do, and that you're out there and you're meeting

people. So I totally agree that there are a lot of benefits to part time work.

And, you know, I think you make some good points.

Like we look at our 401 K or our IRA or whatever, and we say, Oh my gosh, I don't

have $1,000,000 in there.

I don't even have close to $1,000,000 in there.

But there are other sources of income, right?

There is Social Security and inheritance and part time pension.

Maybe. Maybe you did work somewhere for a while.

And again, maybe you're healthy enough to continue to work.

When Social Security was started, the average life expectancy was certainly not

what it is today.

And so it's the the Social Security that we all refer to it as Social Security, but it's

the old age retirement income fund.

So that's what it's officially called.

It's I got it pretty close, but oh, wow.

Age supplemental retirement income.

So. Wow. Yeah.

People a lot of people don't know that.

And no, it wasn't ever designed to help people retire and live another 25 years.

But but that's kind of what's been happening because we're living longer, which is a good

thing. But if you can work a little bit longer, you let that Social Security benefit

delay to age 70.

You're going to get a lot of what are called delayed credits.

In doing that, you can work part time till 70 or beyond.

Again, I think working in staying engaged and staying involved is a great thing again

financially, but also psychologically, emotionally and you know that as well as

anyone helping people plan out their lifestyle and retirement.

But here I am, a financial person saying, you know, don't only work for the better

financial benefits, but it keeps your mind sharp.

It keeps you having a reason to get up.

Maybe not every day. Maybe it's just a couple of days a week.

But it it keeps someone relying on you.

And that's a big driver of I think our fulfillment is someone's counting on me to

show up and do something.

And so I got to do it because they're depending on me.

Right? No, I think you make a good point.

So if you keep working, say, you know, you like what you're doing, you're still working

75 beyond and we have to start doing those required distributions.

Yeah.

If you don't need that to live on at that point because you're still working, can you

reinvest that?

Can you save it still?

You can, yeah.

So you can reinvest.

Let's say you, you have a portfolio of stocks and bonds and you're still working or

you just don't need the money. A lot of clients that we have.

For those reasons I mentioned they have pensions, Social Security.

Maybe they're working.

They don't need the required minimum distributions that are.

That they're forced to take out.

So you have to take them out of your traditional IRA.

You have to take them out of that account, but you don't have to take them out of the

market per se. You can take the money out of that and move it over to a non IRA account,

which we just call a brokerage account.

Or it could be a joint brokerage account with a spouse.

You could put the money there.

Now you will have to pay taxes on what you pull out of the IRA.

Right.

But you can reinvest the net proceeds back into.

The stocks and bonds that you held before.

And a note on that that this might be brand new information to your listeners on this,

Wendy, but there was a law passed about a week or two ago.

Secure is the Secure act.

We call it secure 2.0.

And the RMD age has actually changed to from 72 to 73.

You actually don't have to take any RMDs this year, so you won't have to take them

until next year.

If you were 70, if you were 72 then last year, if you were 72 last year, you already

took yours last year, so you'll have to keep taking yours.

But if you're turning 72 this year.

You start taking RMD this year.

Interesting.

So they keep pushing that that age back which it's some some view it as a good thing and

then others view it as a bad thing from a tax standpoint because now you're going to

have larger withdrawals when the time does come, which makes that proactive tax planning

that we talk about very important in the years leading up to that.

So to your question earlier, your listeners question, if they're 65 years old, you still

have now you've got eight years until you hit that RMD phase.

So there's different phases that there's always planning that can be done.

Yeah. So with the volatility that we've seen in the stock market lately, you know, like I

saw I was watching my stocks go up and my IRA go up and I was like, This is great.

And now it's not has.

Do you find that people are getting nervous?

Have they come in and done a lot of talking to you about now?

I need to readjust my plan.

I think I think it's natural that people feel uncomfortable.

Even the most educated investors who know that this sort of thing is expected.

It's not comfortable.

So investors, I think, are feeling discomfort.

But I will say our clients deserve a lot of credit because I don't know at this point,

even the entire year last year, if I ever received one phone call from a panicked

client after a big down day in the market, I didn't have to talk anyone off any ledges,

you know, any hypothetical or figurative ledges here.

But I.

That's because I think part of it is they've committed to our process and that is first

having a plan.

So we've shown them this is what can happen if the market does come down and here's how

it affects you.

Well, if I don't know that and then I see the market coming down, I'm going to panic.

It's just natural. But if I know that I can I can sustain these downturns.

And I know that my plan is still looking strong and I'm still on track, I'm not going

to panic as much.

The other thing is we're very proactive in our communication.

So we were sending out videos, recorded videos, making phone calls.

So I think that helps as well.

But clients surely and investors surely are uncomfortable.

And I just when people ask me, I tell them, trust me, I want the market to come back as

much as anyone does.

But but I also understand this is just a part of it.

It's like it's like the weather.

You're not going to have sunny days.

365 every day of the year.

It's just not going to happen. And when it rains for three days straight here in the

Midwest where I am, we don't start running around in an absolute sheer panic, wondering

if the sun's ever going to come back out.

We know it's going to come back out.

Sometimes you've just got to give it time.

And here in the dead of winter, it's the same thing.

As we record this, it's pretty cold outside.

I don't know how it feels where you are.

Windy, but it's it's chilly.

And I'm looking forward to the warm weather.

But I know it's going to come.

I've just got to be patient.

It comes every single year.

And just like that in the market, it has rebounded every single time that we've had a

challenge, that the market has had a challenge and the economy or whatever's going

on.

Yeah, it's just harder for people that are already retired to see it go down.

And how long do they have before it has to come back up?

So tell me this, Joe, If if somebody doesn't have a planner now and they wanted to start

to find a planner, what what should they look for when they start interviewing people

to potentially be their planner?

Well, credentials are one.

And we talked about those experience.

I have a guide and we actually put a guide together.

Ten questions You Can Ask.

Before hiring a financial advisor.

So that may be a great resource that we can share.

You can share with your listeners.

That's on your website.

And your show notes.

No, I have a link. I can send it to you.

Actually, take that back.

I think I believe it is on the website.

You can request it there as well.

But I look at overall philosophy.

You know what? What is your service offering?

And like I said earlier, for us, we believe it's not just about investments.

So. Someone who I would look for, someone who's not product driven, someone who is

solution driven and can help you tie the different parts of your financial life

together. Some call it holistic financial planning, some call it wealth management.

But that's what I would look for if I wanted.

Had to recommend a family member or anyone to anything about trying to find an advisor

that is number one, you know, and understand how they get paid, understand the cost that

they charge, which in our industry is we have to disclose that any time we bring on a

client. So it should be straightforward.

I mean, if you're working with a fiduciary, those are very black and white.

Here's what we charge.

So you just understand it and make sure that it aligns.

And that's what you want, right?

You don't want somebody that's making a profit off of you in a sense.

You off of what they sell.

Right? Right. Stocks.

You want a fiduciary who just is paid by a percentage.

Well, I think I think the industry is moving strongly toward that, getting paid for advice

and a little bit away from getting commissions for selling.

Commissions.

Certain mutual funds and financial products.

You know, and and you see that and we saw it in yesteryears with mutual funds and maybe

even stock sales and life insurance and annuities.

Some of these still have commissions.

And, you know, again, like I said earlier, I'm going to tell the truth.

I can't say that all of these things are bad.

You just got to understand what it means for you.

And so if I call a client and say, I really think we're going to we need to switch out of

this fund and get this other fund that client never has to wonder, is that because

Joe really thinks it's best or is it because Joe is trying to hit some sales number before

the end of the month?

Right.

They'll never have to wonder that because they all we don't get paid any.

No mutual fund company pays us any commissions on any investment.

Right. Recommendations like that.

Yeah. And I think that's important to make sure that you don't hook up with somebody

that does that.

Yeah, you just need to you need to understand how it works.

You understand how they get paid you to understand what they do.

And that's what that ten Questions guide, which yes, our website, my company's website

is Carson AllAfrica.com.

So that's where you can go and get that on their guides.

But you just need to understand their investment investment philosophy, service

offering and someone who's going to build a plan for you.

I talk about plan a lot.

Plan, plan, plan, plan.

If you ask what?

How often am I going to meet you?

What are those meetings look like?

What do we do in those meetings?

If you're going into a meeting with your advisor and it lasts 20 minutes and you just

and they show you your statement and then you leave, Yeah, I guess probably not a lot

of planning going on there.

Probably talking about what happened in the market the last quarter and getting you out

of the office so the next person can come in, if that's all you're looking for, great.

But if you want holistic advice, then that's not the best fit and that's where the

transition into retirement.

There's a lot of stuff to think about.

And so that's why I think we've created a niche in this area, because we understand,

even though I'm not retired, I've had a case study of working with hundreds of retirees.

I know that the challenges that that you're going to face.

So we're more apt to be able to foresee those to help you, help guide you through

them, give you a good advice and help you with other things, even non financial as

well. Yeah, that transition can be tough.

It can be tough. Yeah.

Yeah. So this has been really informative.

I have really appreciated you sharing all this information with us and it's very

obvious that education of your clients and of this audience is, is a priority for you.

I just shared your website Carson Hilaria dot com Here's the podcast website retirement

power our podcast dot.

Com.

Where you could hear more about what Joe thinks about retirement and Social Security

and Medicare and behavioral investing and all of that good stuff.

So you can check that out at retirement power our.

Podcast dot com.

Let's see, I am offering what I'm calling the vitality assessment, which you can find

on the home page of Hey Boomer Biz and all you have to do is click and down.

You'll get a download link for that.

So that kind of gives you an index of where you are.

Is your glass half full or half empty as you're looking at retirement and your

lifestyle and what you need to do to get that vitality up.

So I would encourage everybody to go try and grab that and to also support our sponsor,

Rhodes Scholar dot org slash Hey Boomer.

And join me in Costa Rica.

So my guest next week is Dr.

Joe Kashani, and he also has a podcast.

Joe has a podcast called The Living to 100 Club.

He has a 40 year career as a psychologist and manager of mental health practices

specializing in the care of older adults.

He believes that living longer is the new normal and that it is not always easy.

So his mission is to help us reconnect with our resilience and age with positivity.

And I always like to leave you with the belief that we can all live with passion.

Live with courage and live with relevance.

And remember that you are never too old to set another goal or dream A new dream.

Joe, thank you again for being a guest on the Hey Boomer show.

Thank you, Wendy. I appreciate you having me.