Maxed out Man

Episode 83 - Building Wealth, Building Life: Lessons from Financial Pro Daniel Poppers

Kevin Davis Season 1 Episode 83

Summary:

In this episode of Maxed Out Man, Kevin Davis speaks with financial advisor Daniel Poppers about the importance of planning for both financial and personal success. Daniel, who has over 11 years of experience in the financial industry, shares how his father’s experiences inspired him to become an advisor focused on helping men achieve their ideal life. 

The conversation covers a range of topics, from the mistakes people make in their financial planning to the importance of starting early to build long-term wealth. Daniel also shares insights on the emotional side of financial planning, how to balance wealth with happiness, and the importance of delayed gratification. He emphasizes that success isn’t just about money—it’s about creating a fulfilling and meaningful life, and financial planning is just one tool to achieve that.

Key Takeaways:

  1. Financial Planning Is Key: Planning early can help avoid financial stress later in life. Waiting too long to plan for retirement can make it difficult to reach financial goals.
  2. Mindset Matters: The right mindset is crucial for both financial and personal success. Managing emotional responses to market fluctuations can make or break long-term investments.
  3. Wealth Beyond Money: True success is about balancing finances with personal fulfillment. Daniel emphasizes that money is a tool for creating an ideal life, not the ultimate goal.
  4. Start Early: For young people, putting away money in a Roth IRA or taking advantage of employer matching programs can make a huge difference by the time they reach retirement.
  5. Delayed Gratification: Sacrificing some instant pleasures for long-term financial stability can lead to a more secure and fulfilling future.

About Daniel:

Daniel Poppers is a proud father and loves spending time outdoors with his 3 children – pursuing their Ideal Life. Outside of the office and the stock market, you can find Daniel somewhere taking advantage of this golden state – in the surf or snow – boating, fishing, taking photographs, playing hockey or performing on stage.

Daniel Poppers has been in the financial industry since 2013. Before joining LPL Financial in 2017 and later partnering with long-time colleague and friend, Jim den Dulk in 2020, he built his business at Edward Jones, where he was recognized and awarded for opening his own office in Folsom, CA from scratch.

Daniel has always been an entrepreneur at heart and is proud to be an independent financial advisor with LPL Financial where he is able to tailor product and service offerings more closely to the needs and preferences of his clients and is able to truly focus on a fiduciary standard and put clients’ interests first without corporate pressures.

*The information in this material is not intended as investment, tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Daniel Poppers is a Registered Representative with and securities offered through LPL Financial, Member FINRA/SIPC. Investment Advice offered through Golden State Wealth Management, a registered investment advisor. Ideal Life Wealth Management, LLC and Golden State Wealth Management are separate entities from LPL Financial. CA Insurance License #0I75225.

To learn more about Maxed Out Man and to maximize your potential, visit www.maxedoutman.com or connect with us on Social Media:

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it's very easy for men especially to get
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into that mindset early on when they're young and successful but all of a sudden 21 turns into 25 turns into 35 and then
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you wake up and you're almost 50 years old and you don't have much to show for it cuz you were just living
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right welcome to maxed out man helping you become the man you were made to
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be hey guys this Kevin Davis from the maxed down man podcast I'm super excited to have my guest Danel poppers here with
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me he and I got connected a few weeks ago I think maybe it's been it was actually before Oh man it's been like
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three months uh so we we time flies uh so we got connected so I'm super excited
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to have him on I think he's a guest that everybody should um listen to he's got some crazy new projects going I'll read
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his bio in a second before I forget go to Max man.com we've got tons of stuff over there
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um and make sure you check out other episodes of the podcast please rate and review if you like them helps us get the
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word out and uh continue to Foster this I do want to announce I have a few spots open for coaching so if you're
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interested if you've listened to the show and you like my style and you think I can offer something I feel like I do have a lot to offer so we can talk
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marriage family business Health Fitness whatever so send me an email KD maxel
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man.com and answer two questions why you want to work with me and what you'd like to get out of it and that's it we'll
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start the application process and see how it goes so let me read Daniel's bio Daniel popper is a uh
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is a proud father and loves spending time outdoors with his three children pursuing their ideal life which is
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awesome outside of the office and stock market you can find somewhere taking advantage California uh in the surf or
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snow boating fishing taking photographs playing hockey or performing on stage I want to hear more about that uh Daniel's
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also been in the financial industry since 2013 before joining LPL Financial
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in 2017 and later partnering with long-term colleague and friend Jim Den
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DLK in 2020 he built his business at Edward Jones where he recognized he was
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recognized and an awarded for opening his own office in fulam California from scratch Daniel's always been an
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entrepreneur at heart and he's proud to be an independent financial advisor with LPL Financial where he's able to tailor
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product and service offering closer to the needs of his clients and able to truly focus
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on fiduciary standard and put clients interest first without corporate
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pressures long bio but I I I do want to educate people on on all of on all of
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what it means to be a financial adviser how the entrepreneurial Spirit breaks into that and all that but at first one
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of the big things first of all thanks for coming on board uh secondly one of the things I always want to do is get
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the backstory for the guess that I have cuz I think that that you know people are like oh he's a he's a finance geek
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right like he's going to hang out in his office and play Tetris while he watches the stock market he's got 17 monitors
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all that stuff but like to hear some of your background and I know how important family is I think it's great to just
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learn that expectation stereotypes are true but a lot of times they aren't so
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if you would just kind of give me your backstory and and kind of lead us up to how you got to where you're at what you're planning on doing and and all
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that thanks Kevin thanks for having me I appreciate being on the the podcast and
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excited to be here so um you know I typically work with high achieving men
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and help them get out of their own way so that they can enjoy the things that they want show up at home and and like
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you mentioned before live their ideal lifestyle um you know I I really am
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proud of the the name that I have for my independent firm ideal life I think it's represented of more than just money
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because that's really what being a finan a great financial adviser is about it it
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is about the life and the lifestyle and connecting the numbers to what's
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important to men and their families and for me and how I you know got into this
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industry and why I'm so passionate about it you know it it comes from a story you
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know at my own home uh my dad published a pretty successful Golf Magazine for
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over 35 years in the Palm Springs area uh he was great at what he did he was a
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great writer he's uh you know found a lot of success and you know he even talked to me a lot about investing over
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the years unfortunately um he's he's having to go back to work in his late
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70s he's he's a substitute teacher now and I think that's mostly because he
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didn't get involved with some like myself you know he preached to me about the importance of you know putting away
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and you know investing in mutual funds but you know just like everybody else he
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he's human and emotional and when we react on our emotions and make financial
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decisions based on those emotions uh that can have a longlasting effect
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so uh it it it kind of kind of strikes a nerve at home um but as as fuel for for
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my fire and uh I I would love to help as many families as possible to not have to work
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in retirement because they they feel like they need to uh a lot of people do
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tend to you know keep themselves busy with either a second job or a become semi-retirement because they don't want
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to sit on their couch all day but uh I think it's important
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for people to not only identify what it
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is they want but have a plan to get there so uh I I'm an advanced financial
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planner not just a a money manager and you know watching the stock markets all day the one of the biggest things that I
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think is important for somebody's portfolio is to not only have them tied to to goals right um I'm a goals-based
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planner what are what are the steps to get there what does that execution look
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like what happens if XYZ happens or ABC happens right uh there's so many
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variables in in all of our lives and at our different stages of life that can have an impact on that end result so um
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I I got into the industry about uh gosh what is it now well over 11 years ago
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and uh I've always been attracted to just helping people in
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general from you know back in in high school and middle school peer group counseling and things like that um all
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the way to you know being a being a counselor myself uh for for young kids
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and camps and and that type of stuff and I witnessed my my wife at the time uh
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was a financial adviser and I would go to these these events and
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these Galas and I would have clients of hers come up to me and show how much
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gratitude they have for for meeting her and the things that she was able to do and I was always like that's awesome
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like I I want to do that so uh you know eventually I I had some job changes come
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up and I had to take a look deep inside myself and you know I I I took a leap at the time it it's one of the more
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difficult Industries to get into let alone uh find success in and you know I
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started at a at a company where we we literally knocked on doors I'm not sure if they're still doing that these days
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but I I knocked on thousands and thousands of divers and talked to people about their money and what was important
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to them and eventually uh you know I got to a point in my business where and I had to take
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take a look at what was what was in the best interest of my clients how could I best
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serve them and so I you know left the more corporate world and uh became an
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independent financial adviser uh with the biggest broker dealer in the country
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so you know I think while I say independent and you might think I'm just
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sitting in an office by myself I've I've got thousands of people behind me helping me with research compliant
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compliance money management uh all those other things are important and essential
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to running a financial business but I get to do it the way that I see fit and
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you know that's all the way from deciding what kind of planning software I want to use to what type of portfolios
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I want to manage how I want to manage them what types of Investments go inside of there and those are all you know
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tools right and I've got to have the tools in my my bag in my tool bag to be
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able to do what I truly like to do and that's talk to people talk to families find out what's important to them and
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help them get to where they want to go yeah that's that I love there's so
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many parts of that I want to dig into a little bit but I I love the idea of this we talk a lot um just with marriage and
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family and business is this idea of servant leadership right and and that really is
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what you're describing with your clients like you and it's funny because I had a a a buddy mine's episode just dropped or
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last week who was a credit repair guy he's like 20 23 years old really good at
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what he does but he he talked about it in a Sim vein is like I want to help
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that young mother be able to get in her first house right like there are certain
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steps and you think oh credit repair is scammy and all this stuff and um but
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like there there are certain solutions that each one of us can offer with our vocation with our business with our with
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our heart and I think that servant leadership is amazing that you're doing that with the financial um planning
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aspect of it I also love you know you're just what this idea of creating an ideal
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life that's that's ultimately the goal I've said a ton of times probably on this podcast if money is your goal
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you'll never make enough right like it's just there there is never going to be enough because
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you're striving for something that's a moving Target um I actually and I've talked about this on the podcast several
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times since I did it but I erased all of my Revenue goals for 2024 and I wrote three things on my board which is have
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fun serve others and life I love that and because I was so focused on the
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money aspect of it that it wasn't any fun and it was stressing me out and you know I've made some poor decisions like
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we all have um but that whole idea of money is supposed to be here to help you
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build a life don't sacrifice your life in order to build wealth which I think is is so often what people
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do yeah and it also you know it reminds me of just how important that how
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important mindset is right um I'm I'm always taken back by people that I meet
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that maybe don't have a lot of means but they're like uber happy right they're
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they they've got always got a smile on their face their their situation is less than ideal but there's just something
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that they put out to the world that might be drastically different from
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someone who's got a couple million bucks in the bank and you know they're they don't have Drive they don't have Focus
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um and they're still questioning like what it is they want to do with their lives um you know I mentioned tools
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before in how that helps me do my job but in reality money is just a tool
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right um and and that's to you know sure help us get to where we
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want to go but it's not the not the end all be all right um
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and I think a lot of people come and sit in front of my desk and they want you
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know a quick answer a quick solution like hey I I want to make a lot of money
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and oh and I don't don't want to lose money though so uh I don't want risk I just want all
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upside no risk make that happen right yeah so uh something I didn't mention
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before is you know about being a fiduciary and what that means is I am
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legally responsible for the decisions that we make with my clients and the recommendations that I I
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make and it's kind of come full swing from back in the days as being a stock
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broker you almost don't even hear that term anymore where you know that's the
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guy that's sitting there looking at the the screen all day and trying to get you to buy or sell something consistently
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trying to generate commissions it's just not in the in the best interest of of
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the client and I think the relationship of client
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and financial advisor has maybe been overshadowed by that impression and that
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and that you know hey this guy's only there to make to make money and and and
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I am not comfortable being in a situation where there's a conflict of interest or there might be a a lot of
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risk involved right um when you're selling individual stocks yeah your your investment can can go to
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zero and that's you know a risk that I think people might falsely think that they're always getting into when they when they
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have a relationship with a financial adviser and that kind of it was that risk part that I was talking about I
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want to make a lot of money but I don't want to lose money um and really it's
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come full swing in the other direction being a fiduciary and having an advisory type relationship it doesn't
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matter what types of Investments that I recommend to my clients I I get compensated all all the same
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and in reality if we're not if you're not involved in you know individual
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stocks and things that could actually go to zero if you stick to a long-term plan
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there's a really high level of confidence in in being successful there's so many variables uh that you
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have to take into consideration like you mentioned before time is one of them right um it it's it's heartbreaking
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sometimes when folks come in in their you know in their 50s and they're like all right I'm ready to start planning
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for retirement now it's like awesome yeah I mean there's there's there's
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there's only so much that that I can do uh granted I you know I love to help
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folks in in all stages of life but at some point you got to be realistic of of where you're at and you know you're
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probably not going to be able to generate a couple million dollars in in 10 years right um but
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yeah so what do you in that case I'm 52 like what do you say and I we started
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planning but I haven't planned to the level that I should have um my situation is different because I don't actually
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plan it like when someone says what are you going to do when you retire I'm like I don't know what retirement means like I'm just a I'm a Serial entrepreneur I
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plan on living to be 120 I'll probably work till I'm 119 and whatever day I die
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um I so like retirement for me there's this is like so far out right but for
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most people they're looking at retirement from jobs and and all all that sort of thing uh and I do want to
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talk about kind of the the other side where time is on your side but what are you what are you recommending for those
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people do you be like well you know when are you going to retire 55 well I have some bad news because you're not going
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to retire at 55 so you know like how does that conversation go with most
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people and I know each individual person has a different situation sometimes that that's precisely the the things that I
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have to to tell folks and so you know when we're doing a discovery or a strategy session where I'm learning
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about all the ins and outs of somebody's life and I put it into uh into a plan a
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written financial plan and out out comes the the outcome and the level of confidence and you know you want to see
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100% but it's not always 100% right uh especially when time isn't necessarily
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on your side uh so sometimes it's yeah hey you might have to work a little bit longer or you know I know you wanted to
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buy that boat this year but you probably shouldn't do that if you if you stick that money into XYZ investment or spread
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it out over the next 10 years doing this you actually could you know get closer to your retirement goals so it's you
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know it is a balance of lifestyle and you know something that
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comes mind is you know the conundrum of instant gratification versus delayed
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success right and so it it might be you know pumping the brakes on some of that instant gratification whether that's um
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you know watching how many times you go to Starbucks or you know holding off on a major purchase uh or or a vacation so
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that you can have those more ideal things later on now more typically when
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uh you know folks your age come into my office and we're talking about financial planning you know they they they've got
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some stuff going on sometimes a lot of great stuff you know they they've been scking away in their 401ks uh they've been taking advantage
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of matches from their employers but they're getting to a point where they're starting to take a look well like is
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this enough how long is this going to last me what happens if I get sick what
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happens if my wife gets sick uh and so a lot of time we're focused on on the wha
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ifs at that stage and and what types of things can we do to protect what you've done already so we we outline a
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retirement income strategy like okay well we're planning to have this amount
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by age let's just say 65 and you'd be able to take out this amount for your
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spending but what happens if one or both of you you know come into a situation
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where you need assisted care and unfortunately that's one of the larger
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conversations I I have these days is you know more and more we're living longer
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right so um there's an increase in the amount of mental incapacities where
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we're needing Care at a higher level that we hadn't really seen at with the
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intensity and the frequency that we're seeing now that we haven't really seen that uh in the past and that whole
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landscape has changed uh you know when I first came into the business to be able to protect for something like that you
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were you were paying you know $110,000 a year for something that you may never use and uh
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that that kind of got a bad connotation well that's changed over the last 10 years where we're able to come up with
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strategies that give folks you know benefits while they're alive but then also have an asset there for for their
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heirs when you know when that time comes when they're no longer around so you
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know the the bigger thing that I'm seeing with folks in their in their 50s is is
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planning for the unexpected and you know to to self-insure or to self-pay for uh
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a level of care that you're not accustomed to can can break a really good portfolio a really good existing
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plan so kind of taking a look at you know what those different variables are
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uh and taking a look at family history longevity kind of looking at looking at
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health health and wealth have a have a connection and being able to manage both
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of those or have the wealth in place to help preserve health I is is a is a
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strategy and goal that we look at for folks that are later in their investment life cycle yeah I I'm
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interested in in knowing how you get into that you know what you do with that part of the conversation right because like for me I want to like I want to be
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healthy and just drop dead healthy which makes you know it's a weird way to say
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it um I always joke and say I'll probably fall under fall off something or something heavy will fall on me just
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by the nature of who I am as a person what I do with my life but like you know
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let's say a guy comes in in his 50s he's a smoker you can smell it on him he he's on his ninth cup of coffee that day he's
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50 lbs overweight you know and like are you able to
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I mean I know that you get like really personal relationships with people like are you able to say
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look first of all this isn't going to be an issue because I don't see you're not going to say this but like you know if
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you have 20 years left at your current lifestyle that would be surprising so here are some things that like do you
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are you able to get into that conversation sometimes um but you know I'm I'm not a doctor or sometimes I
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might play a therapist but uh you know that's that's not so much my job I think
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it becomes a little bit easier when you do connect it to the numbers right so you know we're looking at a financial
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plan you're here you want to be here well let's let's stick a wh if in there
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and through the the type of uh software that I
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have I I can create like a toggle right can create lots of toggles okay what happens if you have a
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heart attack boom right here and you're in the hospital for XYZ or probably the
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bigger one is what happens if you have like a stroke right and where yeah where
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you you potentially going to lose mental capacity you're still here on this Earth
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physically but you're not able to do some of the things that you're accustomed to doing that everybody's
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accustomed to doing that's going to take you're going to have that money to throw at that right so it it it we can turn on
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that toggle and see what that effect would be on a on what an otherwise successful financial plan would be and
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you know if we kind of catch it early enough I mean the exam the example that that you uh provided there it might
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might be tough to insure somebody like that but you know what um there's there's insurance for smokers uh there
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there's all kinds of companies out there that will Ure against you know
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these unpredictable events right of course the the worse your health the
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higher that you you're going to have to pay and some folks just you know do have to accept that they're that they're
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uninsurable but that's you know that's kind of a
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somber and Last Resort type of type of discussion um but I I become used to
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being uncomfortable in those in those types of situations you know we basically talk about death almost you
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know every every planning session that we have we're we're planning for you to live until you're 90 years old or 95
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years old um and you know what happens then what happens you know under a time
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of stress so yeah those conversations are are difficult but they're they're
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necessary and hopefully and maybe this is a good dovetail into the other segment of folks
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you you want to speak to today hopefully you catch that earlier right you know as a as a
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planner the earlier not only that you can start building your your nest egg or
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your wealth but the ier that you can also plan for those unforeseen circumstances the more leverage you're
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going to have the more time you're going to have later the more content you will
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be as you get older to know that you have these things in place and so I'm yeah I'm I'm excited about working with
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uh well I I I I haven't coined the phrase but there's a term out there called Henry's if you're a Henry you're
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you're a high earner not rich yet and uh oh I love that so I really enjoy working
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with those folks who maybe are on their second or third job out of college they're moving their way up the ladder
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they're making more money than they were last year than they were the year before that and it's like okay what do I do now
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what do I what do I do with this new found success to make sure that it's continued throughout my
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life yeah I love that because it's you know the earlier you start in all of
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these things and I you know to your point about having those rough conversations and what it means to
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be insurable and all that I always I always tell people you're going to pay for your health um when you if you're
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working out eating right meal prepping you know buying good supplements whatever those things are that can be
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that's expensive in time and sometimes in money well you can pay for it then or
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you can pay for it later with Hospital higher Insurance your life in some cases
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right so like that's you know and I talk a lot of guys that are my age and I'm like dude you you have got to start now
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right like you're not 80 you got plenty of I was a personal trainer for years and I had clients start at 80 not able
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to get up off the floor um you know under their own power without doing the
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whole old man rollover and all that stuff and to be able to do like squats and deadlifts and ab crunches and all
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that stuff like your body will respond and I I think there's a really cool um
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connection and parallel to like your Financial Health with your your physical
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health and mental health also um because it's not something I think a lot of us think through because that same guy
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that's you know just had his sixth Starbucks and his 12th you know cigarette which was my dad um he's who's
26:47
still alive quit smoking a long time ago but like that guy is more worried about
26:53
his money and doesn't even consider the impact of his lifestyle choices that
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that are for sure and they're they're all inter entwined and I think if you
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can have that positive mind attitude around the way that you think about your health and your money and you know have
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have someone on your team that can show you that connection and and help guide you along the way you're you're GNA
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you're going to feel better I mean ultimately isn't that what what it's all about um you know we talk about money
27:26
and and numbers and how it may never be enough if that's all you're chasing but how does it make you feel you know I've
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been super blessed to be able to feed into the lives of tons of men from all around the world in all walks of life
27:40
and I'm very excited to announce that I do have a couple spots available right now if you're interested in working with
27:46
me and we can talk about pretty much anything marriage business fitness parenting being a dad uh dogs cars
27:53
whatever you want to talk about I'm available to do that we want to focus on the things that may be most beneficial to you and some things
28:00
that you may not even know would be beneficial to you you've listened to the podcast you kind of know my style if you
28:06
are interested in working with me I want to try to make it as simple as possible but I also want to make sure we're a good fit send an email to coaching at
28:13
Max man.com and just give me two pieces of information why you would like to work with me and what that might mean
28:21
for you what things you would hope to accomplish by meeting with me that'll kick off the process I'll reach back out
28:26
to you we can jump on a call and see whether or not it would be a good fit so go to maxed out man.com coaching maxed
28:33
out man.com send me an email with those two pieces of information and we'll see if it's a good fit and I hope it is and
28:39
I hope that we can actually connect and you know when when people Express to
28:47
me on the other end of a challenging financial situation that they feel
28:53
better I mean that's that's the ultimate reward for me despite you know any
28:58
compensation that may have come along the way where you know I'm I'm affecting lives not only in in their in their
29:05
pockets but their their overall well-being yeah because you're a
29:11
component of Health then too because the mental stress and mental health and all the worry and and all that if you can
29:17
help them mitigate the risk a little bit and mitigate the stress around it because there's a definitive plan that's
29:23
a that's a huge huge impact uh in in what it is that you're doing um I I
29:30
wanted to ask you so we were talking about you you kind of it to but I want to talk about like what
29:37
mistakes are people making like in their let's say mid early 50s what are they
29:44
making today obviously there there are mistakes that they could have prevented um you know over time and then kind of
29:51
let's contrast that to uh and then what can they do you know to kind of correct
29:56
those mistakes or get get because you know there's this there's a saying that's like you can't unscramble
30:03
eggs right like you just you work with what you start to work with when youve
30:09
got and I want to contrast that with some of the mistakes that young people are making these you know guys and that
30:15
are in their you know 18 to 30 let's say um and then what things are they able to
30:22
do that would best set them up so they're not you know 50 almost 52 like me saying I would I could go back to 18
30:29
and make better decisions that's that's uh great great question so I'll start with the first demographic there and I I
30:37
think what a lot of folks in the late 40s early 50s range who are kind of they
30:44
can see retirement on the horizon right uh and some of the mistakes that they
30:49
make at that time is not looking at what what does that
30:55
what does retirement mean right you don't just sail off into the sunset with a couple million dollars when you hit
31:02
age 65 and call it all good right as I mentioned you know we plan for you know
31:09
uh to the end of life right 90 95 years old and you've got to have enough money
31:14
to last all the way through that your your investing life does not stop when you retire it must continue it changes
31:21
and evolves but what happens at the retirement is you know you you start
31:27
drawing down from your assets and every you know everybody's different we take a look at where all the that different
31:34
income is coming from but well let let me ask you a question Kevin do you think
31:39
Social Security is going to provide you or anybody you know with the amount of
31:45
income to help live the lifestyle that you want to live in retirement Jude if it's even there if I
31:52
retired at 65 if it's even a thing I would be surprised I get that a lot
31:59
it's not going away that's not where I I'm I'm getting with that you know it's it's going to evolve and it's going to be around even for my generation and for
32:05
my kids but yeah that they're probably going to start bumping the ages up you're gonna have it's going to be older and older it's going to be less benefits
32:12
something will be there but the underlying answer to my question that
32:17
that you gave was no no it's not going to be enough right no no it's there's no way it'll be enough right getting people
32:24
in that uh stage of investing to think about what that let's just call it a
32:31
pile of money what what's that going to do for you when you retire it's got to provide some income so that may
32:39
mean reallocating some of your funds from you know mutual funds or stocks or
32:46
bonds to to an asset that's going to provide you with with income right with
32:51
a with Revenue when you're no longer working and so
32:58
there's a return on investment for you know certain products you know I'm not here to sell products or anything like
33:04
that but um shifting that to looking at what that benefit is like if you could
33:10
create your own pension for yourself where you know that you're getting let's just say a thousand bucks a month every
33:15
single month for the rest of your life when you retire on top of all that other stuff that you have going on that might
33:20
solve uh a piece of of your puzzle right so I think
33:28
the mistake people make is being closed-minded in whatever their investment history is thus far whatever
33:35
their impression impression is of making a good investment because there are
33:40
there are things out there that can provide to you what you really need in retirement that you may not think or you
33:48
know if you look at it right now like it's not it's not a return on investment it's not giving you a rate of return
33:53
right now it's not something you can touch hold and feel but what might be able to do is supplement your income
34:01
when you retire so that you don't have to touch that pile of money you can let that continue to grow you might be able
34:06
to take that extra vacation in retirement you might have some extra
34:12
funds to be able to give to your kids or your grandkids um you know one one thing
34:17
that I I really love talking to folks about when when they're in retirement is
34:23
there the the when people get into the giving stage right like um you know I I
34:28
met I met somebody in in my my book interviews who was really well off and
34:34
he's like like I'm totally all good what I love to do right now is I I I want to give it away in in the right ways and
34:41
and help people live better lives so if I can help folks in their late 40s
34:48
to uh early 50s do some kind of more later stage planning to take some
34:56
pressure off of their port folio or off their 401K it might actually be a greater benefit than just throwing money
35:03
at those assets that they currently have yeah because there's really and you
35:09
can correct me if I'm wrong I mean this is more of a question but there is kind of a a distinction and I know some
35:15
products do both but there's kind of like all right so we're growth focused longterm you know versus like we're
35:22
growth focused or we're totally income focused where you have income generating
35:28
products dividends and those kind of things right um or there's there's sort of this mixture of both which is I'm
35:34
assuming what you recommend is that kind of does that kind of explain what you're talking about yeah and you know you hear
35:40
the word diversification it's kind of almost a loaded in ironic term in the industry now but you you want to not
35:46
only be Diversified in the you know in the actual stocks or mutual funds that
35:52
you might have but what other types of Investments are out there and you know what I was alluding to
35:58
um you know is is annuities which they have that's another thing that H has a
36:04
bad connotation over time mostly because one one particular person that you see
36:09
in all the commercials just bad mouthing it right but that that is something that has evolved over time too and has has
36:17
been made better for clients I put my own mother into an annuity and I I saw
36:22
exactly how it works and the reason I bring that up now is that demographic
36:27
you're talking about that that is a prime spot to purchase one of those um
36:33
and there's so many different kinds we don't need to get into the details but what you can allow it to do if you're in
36:38
that stage of of investing that that life cycle of investing is you can and
36:45
and that's both components you have a growth and an income component to those where you're allowed the you're able to
36:51
allow those to cook so so so to speak so you can you can get some growth out of
36:57
it before you need to start drawing down from it and it's really the only space
37:02
that financial advisers are allowed to use the GW guarantees right so that's
37:08
where you can get some guaranteed income for the rest of your life but they don't
37:13
always make sense if you're just if you just want to throw money at it and and get like an immediate annuity which can
37:20
be done but the the real sweet spot and maybe you know going back to your
37:26
question about mistake at that age that people make is is
37:31
discounting something like that or not seeing the True Value based on you know
37:38
the Impressions that they that they think that they have that may be
37:44
false yeah I mean I I feel like I'm like your Prime demographic I we I've been self-employed
37:51
for 25 years we've you know we've got some stocks and mutual funds and that kind of thing but we're not aggressive
37:57
about using it we're not aggressive about plan you know we we'll have to schedule a discovery call after this
38:02
podcast but um but like I represent that person I've got some money um I've got
38:08
some cash but I also have some debt you know there so like there's all of this thing and it just makes me like in your
38:14
in my mind I'm like dude what am I doing right so like I I wanna you know but
38:19
again you have to kind of start from start from where you're at and and I I just I'm curious about your l lot of
38:27
times I say this podcast is for my own you know edification I'm glad people listen along but I've done some real
38:33
estate Development I've got friends that are in real estate and a lot of it is like that Burr which is you know buy
38:39
refin buy renovate refinance repeat thing right so the idea that a lot of
38:44
people think when they think about that is like house flipper right so you're trying to make you're trying to make a
38:50
quick Buck move on but the Burr method is really more of a you basically makes
38:56
you try to get cash free income out of the refinance that's really the long term the goal for the rent is that
39:03
you're you're just a you're either like barely cash positive 100 200 500 bucks a
39:09
month uh but really it's that growth in the market in the real estate market so you can refinance and you don't pay
39:16
taxes on Cash out refinance and all that stuff I'm curious what you think about all of that and whether not that's
39:22
something that as a financial adviser do you get into that side of the bu side of the invest thing yeah absolutely I mean
39:28
real estate plays a great part in in a diversified portfolio and for all the
39:34
reasons that that you mentioned now taking that type of strategy can can
39:39
take a lot of work and and be be mentally draining too um you know my my
39:46
tell my my early experiences in in buying my first home you know gosh 20 years ago and and going through some of
39:54
that myself unfortunately was it wasn't a very pleasant experience right and um
40:01
so I would I wouldn't want to encourage somebody to go like all into something
40:06
like that at the expense of their their mental health but some people are more uh more fortunate and have more
40:13
fortitude to to just do that kind of stuff and I I've I've seen some great success in financial plans that in that
40:20
include real estate and that's something from a from a planning perspective that
40:26
that can be included in in a strategy in helping get you to and through retirement I mean having
40:34
having a real estate portfolio is a great asset uh as long as it's not
40:39
draining down on the other parts of your your investment strategy you know if if
40:44
you're underwater and you know your your renters stop paying rent and you can't
40:49
kick them out and it's not paying the mortgage and things are breaking everywhere you're pulling money out of
40:55
your own pocket Co hits right um again the word that comes to
41:01
mind is diversification if it if it's a part and a supplement to what you have going on it it can really be helpful um
41:09
you know I I talked to a lot of real estate in realter and people that are
41:14
that are really into that and I you know I see that they're heavy weighted in that stuff which can be great when the
41:20
Market's great or great if you've got long-term renters that always pay their rent on time but what happens if you're
41:28
so far invested into that segment of finance and the [ __ ] hits the
41:35
fan that can be really hard on a portfolio or like 2007 happens right
41:42
where values of homes are are plummeting you can't people are not paying their
41:48
rent all over the place and you can't even sell this asset for anything close to what you paid for it and you know you
41:55
may have to let them let let some go I talked to a lot of folks that were like oh yeah I used to have millions of
42:00
dollars in real estate and I just have my small little house now and you know
42:06
so moderation right just like just like anything um but no I well in
42:12
diversification like you're saying I mean like the people that the people
42:17
that were Diversified enough in 2007 2008 they're the ones that bought all
42:24
those houses now have it's portfolio they have a $20 million portfolio right cuz it's
42:31
like you know that like and it's just like anything else Buy Low selli right like that's that's ultimately the goal
42:37
but you couldn't do that if you're just barely making all the payments and you know the same I I sidelined the the co
42:45
statement but you know the government decided that it was a great idea that renters didn't have to pay rent but they
42:50
also made everybody that held the mortgage we you know they were still making the mortgage payment so that math
42:56
doesn't math no not at all very well um but You' got to have but to your
43:02
point you have to have a divers of portfolio that that each one of these aspects can support the other and you
43:09
know I distinctly remember building walls and hanging drywall at one of my houses that we did um which was Dumb by
43:17
the way but at 2 in the morning I was rethinking my whole
43:22
strategy this this was a good idea but yeah the diversification part of it is just so important it used to be like you
43:30
know I remember back in the day with financial advisers like well you got to be 25 50 25 right so you got the 25%
43:37
aggressive 25% you know low risk and then and then 50% somewhere in the
43:42
middle and and like that's not really Diversified that's just mitigating risks at
43:48
different the term risk um what does that mean I think I think people have a
43:55
a different connotation of of what risk really is in terms of a long-term term
44:01
portfolio and uh you know I wanted to say something else before I go into that
44:06
what you're what you're talking about you know buying low it ties back to emotions again right like the it's one
44:13
of the hardest things to do because the world's coming to an end like why would I want to buy now why would I want to
44:19
invest now and the most successful investors that you talk to they're like oh yeah that's the time to to get in
44:25
right then and there right it's kind of it's literally the flip-flop of the emotions of the general
44:33
population and when that's tied to to risk you know and at least when when
44:40
you're talking about a well Diversified portfolio it's it's not that you're gonna if you're talking about long-term
44:48
investing now right I'm not talking about shortterm but long-term investing it's not that you're going to going to
44:53
lose all of your money it's how how much can you take emotionally in the short
45:00
term to be able to reach your long-term goals I mean really that's almost my
45:05
whole job is handholding in those tough situations and making sure that the
45:10
market didn't fall far enough for you to hit the eject button right because it's
45:15
going to come back I've got I've got a big chart behind my desk that basically Maps out the entire stock market since
45:22
it started along with every president the value of gold
45:27
inflation every single major econ World economical event that has happened and
45:35
it the line is like if you if you were to draw a line it it goes up right but it it goes like this in the middle right
45:41
no it's just it's just it's just a flat it doesn't it doesn't ever go up it goes down to it's over time goes like this
45:49
yeah but it's but the trend it's the the from from inception to where we are
45:54
today it's a upward trajectory overall but being able to hang in when that when
46:01
when there's those down points to be able to participate in the in the upside
46:06
and when you let fear take you out of a market and you miss those best days in
46:12
the market uh it can be devastating to to a portfolio and well I'm talking about
46:19
that but have a statistic here all right so so check this out um from 19 94 to
46:28
2023 if You' invested $10,000 in the S&P
46:34
500 and you just left it there it'd be worth a over over
46:40
$181,000 now if you reacted emotionally and you pulled out at certain points you
46:46
know based on market conditions or with the headline news whatever it might be
46:51
but you missed the best 10 days what do you think that 81,000 now I said days
46:58
not months not years you missed the best 10 days in the market in that you know 30-year period what do you think that
47:07
181k would be worth less than
47:13
50 not quite but it's still bad instead of 80 instead 181,000 it's worth
47:20
$83,000 so about a $100,000 difference about half about yeah less than less
47:25
than half missing the days as I mentioned so uh you add you add 10 more
47:32
days of missing the best days that's down to where you said under it's under 50 Grand you missed the the worst 20
47:40
days over a 30-year period you're cutting your your Investments uh in in a
47:45
by a quarter almost so um emotion and risk and they're they're tied to your
47:54
end results and how people react during those tough times is what makes or
48:01
breaks your success so yeah if you're if you have a portfolio where you're set up
48:06
too aggressively when when the [ __ ] hits the fan which it's going to I can't tell you
48:12
when but it will about every three four five years um your your tendency is
48:17
going to going to want to pull out and try to time the market right and it's historically has proven to just be a bad
48:24
strategy timing the market because you not only decide when to pull out you got
48:29
to decide when to get back in and while there might be a few advisers or Traders
48:35
out there that that get lucky or can do it a few times consistently over a long
48:42
period of time for somebody's retirement it's never proven to be successful
48:48
strategy yeah the emotional component is interesting I'm reading this book and you if you're watching this on video you
48:54
saw me get up to get this book but I'm reading this book called The obstacle is the way by Ryan holiday I don't know if
49:00
you've ever read this book but I happen to be reading this um you know fully in preparation of our interview not at all
49:07
I was just I just happen to get to this section this morning but it he lists and he's talking about this right he's
49:12
talking about people that went that essentially start these are the businesses that started and what was
49:18
going on in the world at the time they started I'll just I'll highlight a couple of these and I can't see so I got
49:24
to put my glasses on I just got my new prescription and I I need progressives for the first time so
49:31
I'm like great now I need it for far and close Vision so I feel yet so here here's a here's a tip on progressives
49:39
okay so one thing that I noticed that no one told me about my I was getting severe neck
49:46
pain all right so I I work on the computer probably about half of my day
49:51
you know doing different things you work on your computer way worse than me the reason my neck hurt
49:57
is because I was doing this to try and if you are listening to this I'm moving my head back to get to the bottom part
50:04
of my progressives and I was like what in the hell is going on with my neck I
50:09
was on a zoom call with one of my clients and they're like why do you keep moving your head like that that is so
50:14
weird like it was so subconscious for me that I never noticed it so I went back
50:20
to nonprogressive like lower power you know these are specific ones that I use
50:26
you know when I'm in my office my neck pain went over so there's a little sideline tip for health and fitness but
50:32
I want to I I I will put these on so here's some of the times that people launch these huge businesses that are
50:38
still around or some version of them are Fortune Magazine three months after the market crash of 29 FedEx during the oil
50:46
crisis of 1973 UPS Panic of 1907 um Walt Disney Company they had 11
50:55
months prior to the crash of of 29 um and I'll skip through some of
51:01
these kind of things uh Costco the recession in 1970s General Motors Panic of 1907
51:07
Proctor gaml uh Panic of I don't know these must be Market panics um United
51:13
Airlines 1929 Microsoft recession of 73 and 75
51:19
and Link and Linkedin which was 22 2002 which
51:25
was um so like twoyear point oh Standard Oil Rockefeller I was reading the story of
51:32
Rockefeller the other day who was literally the richest man ever basically when you infector everything Standard
51:39
Oil he went out like everybody else was bailing out of the oil and gas Market at the time he went out and bought out all
51:47
of those oil leases at the time because they everybody wanted out because they were freaking out saying oil is not the
51:54
future which can you imagine oil is not the future I've got to unload so he got
51:59
all of these oil and gas leases Pennies on the doll until he ended up offloading some
52:06
of those things but he built a you know billions and billions of dollars because he was not panicking he was like all
52:13
right you guys go panic I'll buy your Panic effectively I'll buy your emotion
52:19
you know because that's basically what you do I'm buying your inability to manage your emotions around your
52:25
finances or your business or whatever and I you know story after story after
52:31
story about that but you know it's funny how these major companies that have been
52:36
successful have done the same thing you and I are talking about for sure that's very interesting and sure there was some
52:44
there was some risk involved at at the time uh and they they had to have the means to do that but gosh did that pay
52:52
off yeah 100% Rockefeller to use that name you know just a just a small name
52:57
in the in the world of business and finance right um so I I want to talk about so that's with guys my age let's
53:04
talking about guys that are young right like my buddy Kai if you didn't go listen that episode he's got a yeah yeah
53:12
oh you did he well he's an interesting man he's an interesting guy and like dude I wish that I was where yeah but
53:19
like but genuine heart but like he's 22 23 years old something like that and is
53:25
already successful business so what kind of things would you recommend someone
53:31
like him that you know either either like I'm an entrepreneur which is kind of a different different methodology
53:37
than I just have my second job out of college I'm making I don't even know what you make 80 grand a year um you
53:45
know that that level what are they doing right and what and wrong and what should
53:50
that be do I think you know again it comes down to mental mindset and and mental
53:59
preparation and a shift of I think it's so hard for people that
54:05
age to think about retire it seems so far away that they're like I don't need
54:11
to do that now like I you know I I want to live right now I might not I might not wake up tomorrow well you might live
54:17
till you're 90 95 years old right so so what happens then and I think it's it's
54:23
very easy for men especially to get into that mindset early on when
54:30
they're young and successful but all of a sudden 21 turns into 25 turns into 35
54:36
and then you wake up and you're almost 50 years old and you don't have much to show for it because you were just living
54:42
right so then I think it's you know wrapping your head around delayed
54:47
gratification right there's going to be some sacrifices now so that later you
54:53
can live the life you always wanted to live right
54:58
so what that means you know when you're young is carving out some portion of
55:05
what your income and your revenue is and and putting that away for later and not
55:10
just under your bed or in a savings account somewhere that is going to
55:15
provide a long-term rate of return and pretty much the only asset class out there that provides the rate of return
55:22
that that you need over a long period of time is in is in the stock market right so put that
55:28
away and forget about it or ratch and ratch it up when you can but the
55:35
ultimate goal early on is to max out I mean I I would I would recommend Roth
55:41
accounts Roth IRAs right first things first if you're if you're working for a
55:46
company and they offer any kind of match fill that bucket immediately don't leave
55:54
that on the table you're it's literally free money like you can get 100% on your
55:59
return like that because they said whatever you put in up to a certain amount we're going to put in for you too
56:05
do that and then outside of that or if you don't have that available to your employer a Roth IRA is something that
56:13
allows your money to grow tax free over time now you use after tax money to put
56:20
into it but the great benefit of that is and if you start early and your s and
56:26
you have 40 Years of growth going on when you go to retire that's an asset
56:32
class that you can pull out of without having to pay Uncle Sam I think one of the the
56:38
biggest ouch points for retirees is then when they've got a large amount of money
56:44
let's say you know seven figure retirement and they start drawing from that and most of it's in a 401k or an
56:51
IRA and they're like trying to get let's say $10,000 out but they got to take out
56:57
14 or $15,000 to get their 10,000 because they got to pay taxes on it like
57:03
that's a huge that's a huge thing so and successful people won't always be able
57:08
to uh uh to be able to put into a Roth account you you eventually you can make
57:15
too much and you know you're not allowed to contribute to those so while you're young while you're have an opportunity
57:23
give yourself a bucket for later that that is not only tax deferred like a 401k but actually will become taxfree
57:31
should you leave it there until until retirement and you know whether that's
57:37
coming from a raise or you change jobs and you're you're earning a little bit more try not to think of it as oh I got
57:43
more money in my pocket hey I'm I'm gonna go buy a new computer or I'm gonna go on a trip or um I can eat I can eat
57:51
out as much as I want now whether it's that or you know reducing you know it's
57:56
like you can have a Starbucks retirement I talked to some younger people about too it's like okay well you think you
58:02
don't have money for retirement how much you how much did you spend on Starbucks today oh well I went there in the morning and I went once in the afternoon
58:08
yeah I was like you know 12 15 bucks okay cut that cut that in half if you can if you can cut that in half and and
58:15
start funding an IRA with that money instead compounding interest over time
58:20
is going to give you a fighting chance to retire when you want to and do the
58:25
thing things that you want to brew and drink as much coffee as you want uh but
58:31
so a little bit of sacrifice in the now for that delayed gratification can really go a long way I
58:39
think it's the hardest demographic to get to understand that concept right when retirement seems like literally
58:46
like an eternity away you know 40 50 years away and you're telling me to put money away and not touch it and not
58:53
spend it not enjoy it right now like it kind goes against this this generation I
58:59
I think you know it's even different than when you and I were were growing up it's now now now we've got our phones in
59:06
front of our face we can't even watch we can't even watch a video more than one minute long before we want to go to the
59:12
next one give me give me more dopamine you know give me that next hit um almost like a drug right and and subscriptions
59:21
and all the all the small little things that we throw money at without even
59:27
really thinking about if we were to just carve out a portion of that and put it
59:32
towards yourself for your future family you will find yourself in your 40s and
59:39
50s with some kind of Nest Egg to sit on and it it won't be that that much work
59:47
you know as opposed to getting to that point and starting you know I every 10
59:52
years you wait you're you're you're missing out on essentially double what you had in there in the first
59:59
place isn't it funny that it's I mean this is that's why they say youth is wasted on the young right because it's
1:00:06
it's the it's it's the cheapest time in your life usually you have the most time so like
1:00:15
you know that that almost just hurt me deeply in my soul for you to say every
1:00:21
10 years you miss that on half you know we we were fortunate that we actually had had a really good job after my
1:00:27
personal training job and and I ran health clubs and all that uh and we bought our first house when we were 25
1:00:34
um and so that's how I can afford to be in the house that we are now because of you know real estate over time and being
1:00:40
able to upgrade and all that stuff we our house is too big now but I built my wife her dream house out in the rural
1:00:47
area of monana so until all the quote unquote until all you Californians come to Montana and ruin our state which is
1:00:53
happening in the last two years no offense you personally because you haven't come here yet um we plan on
1:01:00
staying at this you know we plan on staying in this house forever and so but you know and so there's part of my
1:01:06
investment however when I look back at our portfolio and some of the poor business decisions I've made and having
1:01:12
to hit some of that portfolio for cash and you know all that and and so and
1:01:17
then paying freaking taxes on it because to your point it's tax deferred I don't know if anybody listening to this
1:01:22
understands this but the government takes your money and they will either take it today or they will take it later
1:01:30
you know there's a reason we have a state tax which is the most don't get me started on state taxes but like they
1:01:36
which is like that's you know there's that whole taxation is theft which to a point and and I think that's the
1:01:43
greatest example of that at least being true in that in that thing but to your point about tax
1:01:50
deferred versus um you know taxfree you know long term the Roth versus
1:01:55
traditional and because we did a bunch of traditional and at what's funny is at the time we didn't need to like I didn't
1:02:03
need to save three grand on my taxes at the time that we were we were throwing that was when that that that was the
1:02:10
Mach right you throw the three grand in and I know it grows over time but it's like I don't for three grand in my tax
1:02:16
bracket do I should I really have saved this amount of money like what 500 bucks
1:02:22
so you know it doesn't it didn't make sense so that's where good planers uh
1:02:27
can can make that and I I just love the entrepreneurial spirit that you have
1:02:32
about this because when you think like an entrepreneur you you think in a realm
1:02:39
that is not fear-based you think in a in a realm that how are we here's our
1:02:44
situation how do we maximize the situation and and deal with risk and and
1:02:50
things we're facing and all that in order to get the outcome that we want which and and to your to the business
1:02:56
name to get that ideal life and and I don't think there are a lot of people in
1:03:02
your industry um that are leaning into that you know I'm not saying that they're bad people and I'm sure that
1:03:08
there are more people than I realize that are that are like have that heart for it but I'm really impressed that
1:03:14
that's how you do business 100% so I want to talk about you know I
1:03:19
want to be respectful your time we're a little over an hour now already um let's talk about how we got connected which is
1:03:25
this book pro tell me about the book um I know you have a heart for dads um and
1:03:30
men in general so I know that that's kind of the book project um basis so if you can walk me through that I'm really
1:03:36
interested yeah um I'm in the research process right now so as my my publisher says it's probably going to change over
1:03:43
time exactly what pops out the other side the more that I talk to people like you and and learn more about what's
1:03:49
important to them and and the challenges that that we face but you know my passion you know again starts back from
1:03:56
from childhood and and watching a successful man my father who I respect and love very much uh you know have have
1:04:04
to work in his late stages of life not not really doing what he's passionate about but just trying to have some more
1:04:09
income to supplement that that Social Security but what I've noticed is
1:04:16
that we as men we have a lot of pressure on us uh some of it's on the surface and
1:04:21
a lot of it's below the surface right I think there's a lot expected of us uh to
1:04:28
show up at home to be making the right decisions to be bringing home the bacon
1:04:33
uh and sure there's been a big shift where women over the last several
1:04:39
decades are equally in the workforce and facing a lot of those same challenges but I think some of those pressures are
1:04:47
still heavily expected of us men whether whether they're real or not uh I think
1:04:53
we feel them right we feel like you know be the man you know show show
1:04:58
up at home be the husband be the father and the the the idea and premise behind
1:05:05
why I'm interviewing more men to try to write this book comes from like how do
1:05:12
we how do we get through that other side what types of things can we be doing with our mental health and our wealth
1:05:19
and our the our financial decisions that can contribute to getting to that ideal
1:05:25
lifestyle right everybody's lifestyle is different we all have different passions but there are some underpinnings there
1:05:32
that are common thread between all of us and I think you know we're in a society
1:05:39
where oh hey I got a pill for that right oh just take take an anxiety pill or you
1:05:45
know this will help you lose weight um those all come with side effects that
1:05:51
I don't think we're all willing to to accept over the long term and
1:05:58
there are things on the financial side that are contributing to a high level of
1:06:04
anxiety and stress uh among men and and women um but especially if you're a
1:06:10
father if you're a partner um there are expectations of us that we we've we've
1:06:16
got to be that man and so the more that I learn uh about what's important to
1:06:24
other successful men out there I'm also learning about their challenges
1:06:29
but I'm what I find myself also doing is is learning to be a better man myself uh
1:06:35
it's it's almost a discovery process in itself which I think hopefully will come out in the end result of of the book
1:06:42
right um I'm I'm gleaning things off of almost every interview that that I have
1:06:48
and uh it's something that I didn't necessarily expect to happen I I thought I was you know kind of
1:06:55
researching and writing this this book to help others but essentially I'm helping be a little selfish here I'm
1:07:02
helping myself in the process and you know maybe that's the best demonstration that that I could have through the
1:07:07
through the writing as as this develops yeah I've said that so many
1:07:14
times about the podcast the podcast is for me you know it's you know we're this
1:07:19
is this is a way for us to help people and Reach people and there's a marketing aspect and all that but like the best
1:07:25
part of the this podcast is meeting people like yourself and you know I think we're up guest now that we've done
1:07:31
and it's I would have never had these conversations and so that you know it oftentimes when we teach is when we
1:07:37
learn the most and that's that's super interesting and and I can't wait to to
1:07:43
hear more you know when as the book progresses and and um I started writing my own not too long ago awesome um I'm
1:07:51
not doing I'm not doing nearly the amount of research that you are um so maybe I should but I've got a lot of
1:07:58
stories we've had all these stories in our lives and just crazy stuff so it's kind of story strategy story strategy
1:08:04
but the book writing process is a is an interesting one for sure especially when you're trying to do everything else
1:08:10
you're doing so man that's that's awesome I'm glad that you're learning more about yourself and also gleaning
1:08:17
all this information to get something out that will help tons of people tons of men and people in general and their
1:08:24
families and to your point I think that there's something inate in most men that
1:08:30
we have and you know take the the women's Li and all you know whatever
1:08:36
that those gender roles and how you want to Define them but I think most men have an inate sense of providership
1:08:44
in us and so when there are things that that make it not feel like that we're
1:08:50
doing that adequately I think that's where that that anxiety and stress and
1:08:56
and all that come and you know as a small business guy entrepreneur I do that to myself yeah too all the time and
1:09:03
so I think that that's something that we all face awesome yeah um go ahead hey no
1:09:10
I was gonna say um you know I think as men maybe more so than women we we tend
1:09:16
to feel like we're like out here on our own and we got to do it ourselves and fact of the matter is you need a you
1:09:23
need a team around you um you know I mean Sports analogies are a little cliche but you know you you can't go out
1:09:30
on a field and play a football game all by yourself you you got to have other
1:09:36
men playing positions and roles to help get you to that end zone and you know
1:09:41
that's uh that's where I kind of see myself uh being able to assist in moving
1:09:47
men down the field to reach their goals and you know I think we tend to have that common thread of hiding behind uh
1:09:57
uh uh being Macho in a lot of ways like oh I I can I can handle it myself I got this I'm a man you know and life Life's
1:10:05
a lot harder than that and it's it's not it's not the 1960s anymore it's okay to
1:10:10
to uh reach out and connect with other men and get a support and have a team around
1:10:17
you yeah and be able to say look I'm I screwed this part of my life up these decisions you know and I know somebody
1:10:24
like yourself can can help me kind of Rectify that and and move forward and that can be tons of areas of life
1:10:29
whether it's Health Fitness marriage family finances uh I know I want to book a
1:10:35
discovery call even though we've talked multiple times uh how how would someone go about finding you getting more
1:10:41
information and at the end of the day like I said in the beginning with coaching with me um it you want to make
1:10:47
sure it's a good fit right like you know you're not a fit for everybody not everybody is a fit for you but how do
1:10:53
how does that process look how do we find more information about you um and just that's a great question uh ideall
1:10:59
life wealth.com is the uh probably the easiest way I've got a a booking link on
1:11:05
there where you can schedule a discovery call or just a a brief you know uh touchbased type of fit call to see if
1:11:13
it's makes sense moving forward and uh you I've also have a a Facebook and a
1:11:18
LinkedIn presence but ideal life wealth management and my name Daniel poppers should pop up in a Google Search and
1:11:25
there lots of lots of ways to connect with me there uh always happy to uh have a free consultation have a discussion
1:11:32
and go from there awesome well this is super interesting Daniel I appreciate you
1:11:38
taking the time and I can't wait to watch things progress with the book and uh you know where to find me if you need
1:11:45
uh anything else from me in that regard in terms of you know where where I sit and my stuff so um I appreciate you
1:11:52
though hope you a great day it was it was a pleasure if you're looking to really maximize
1:11:58
your life and become the man you were made to be head over to maxed out man.com and get your journey started
1:12:05
today

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