Choosing a financial advisor is serious business. Ideally, you’re entering into a reciprocal relationship based on … what? That’s what we’re finding out. On this episode of The Retirement = Freedom Podcast we’re learning from Host Josh Bretl about the Top 9 things to consider in forming what is arguably one of the most significant – and hopefully enduring – partnerships in our lives. Finding the right advisor will determine over the long run not only quality of life in retirement but the peace of mind to manage through good times – as well as bad. You’ll hear about key questions to keep in mind, such as whether a prospective advisor has the right expertise, a solid team and fiduciary credentialing. Is Josh ready with some Founding Fathers trivia? Will Dave recover from a teen-age trauma associated with the broken horn on his mother’s car? Can we go out and hire a transparent, honest, accountable and talented financial advisor based on Josh’s criteria? Check, check and check!

Got a burning question (about retirement planning or 1990s music or Ne-Mo's Chocolate Chocolate Puddin' Cakes)? Join our new private Facebook group, which you can find here, and fire away. Josh and Dave will be offering up answers on future episodes!

Click here to learn more about or listen to previous episodes of The Retirement = Freedom Podcast.

Click here to explore the services that FSR Wealth Strategies offers and schedule a discovery call with one of the team’s CPAs. When it comes to living your best life, it’s never too early to get started!

"What should they look for in an advisor?"

When we talk about what to look for, I often say that

as a retiree is the first time you really, really need

an advisor for most people.

Now, most people who are working and saving

money, it's not that hard.

You can do most of it yourself.

But for a retiree, that's when having an

advisor really matters.

Choosing a financial advisor

is serious business.

Ideally you're entering into a reciprocal

relationship based on, what?

Well that's what we're finding out on this

episode of the Retirement Equals Freedom podcast.

Josh and I talk about the top nine things to consider

in forming what is arguably one of the most important

relationships in your life.

Because finding the right advisor will not only determine

the quality of life in your retirement, but they'll

also give you the peace of mind during the good times

and during the bad times.

So one, is Josh ready for some founding father's trivia?

Two, did me gifting Josh with a large McDonald's fry

solidify a lifelong friendship?

And three, can you go out and find a transparent,

honest, accountable, and talented financial advisor

based on Josh's tips?

Check, check, and check!

This is the Retirement Equals Freedom podcast.

Your host, Josh Bretl, is the owner and founder

of FSR Wealth Strategies.

For the last few decades, he's been helping good folks like

you, thrive in their retirement.

Me?

I'm Dave.

Josh's longtime friend, co-host, and financial project.

I'm here to keep the show lighthearted and

not too technical.

So now let me let you let me, end this introduction

so you can enjoy the show.

FSR Wealth Management is a registered investment advisor

located in Elmhurst, Illinois.

Information and opinions contained in this audio

have been arrived at by FSR Wealth advisors.

All information herein is for informational purposes

and should not be construed as investment advice.

It does not constitute an offer, a solicitation or recommendation

to purchase any security.

FSR is not providing legal, tax, accounting, or financial

planning advice in this audio.

These views are as of the date of this publication

and are subject to change.

Hi, Dave.

Hey Josh.

Welcome back to the Retirement Equals Freedom podcast.

This is your host, Josh.

Wait, I already did an introduction.

I don't have to introduce you again.

Do I?

Well yeah, because you do an introduction before

we actually start talking.

I do.

I record that afterwards.

So I have no idea what you've said

prior to leading in here.

Correct.

Correct.

Let me let you, let me let you...

Oh, you one-

I always love it.

When you say it, I sing it back to myself in my head.

Do you?

It's enjoyable.

Let me, let you, let me end this introduction

so you can enjoy the show.

Would you like to guess where I got that line from?

Do you not want to know?

Some sort of Sleepy Hollow reference?

No, no, no, no.

That would be from Peewee's Big Holiday.

Another reference to Peewee Herman.

What has gone wrong here?

Another...

We've referenced Peewee Herman before?

No, but in the trailer for the podcast, I

say guys that I look like, like men I look like, and

one of them is Peewee Herman.

Do you remember that?

No.

I have Chris Hemsworth or whoever plays

Thor and then a bunch of other handsome guys, and

then I put Peewee just because I have to be random.

So this is episode 14 and we're doing

a second one in a day.

So if you listen to episode 13, we just had our Nu Crepes lunch

and I had breakfast for lunch.

I had, I had eggs and ham and it was really delicious, and you

had kind of the old go to Cali.

Cali, actually the first time I've had a Cali.

Oh really?

You haven't had it before?

I've never had it before.

Well, Nu Crepes.

Something special.

Hit the spot and shout out to Michael

for picking it up for us.

We appreciate that.

Oh, Michael.

Man, he's awesome.

Good stuff.

So when you are an advisor, we're a SEC registered

office, which means the SEC can come in and audit us and

do whatever they need to do.

They come in generally once a year or so.

We have a compliance team and our compliance team looks

at all of our marketing.

And this is technically marketing, even though I don't

think I'm doing a good job of selling us on this, but-

Our compliance team listens to all of our shows and just to

make sure we didn't say anything stupid or whatever it might be.

I have a call with them every other Tuesday, and there's

four of us on the call.

So it's myself, it's Sean, our other advisor who's also our

chief compliance officer, and then two to three people from

the compliance team we have.

We're getting ready to sign off this zoom call.

And all of a sudden they say, shouldn't we say, bye.

Oh my gosh.

I'm in compliance mode, like I'm in legal,

trying to think about.

And I was like, what's she talking about?

Oh my...

What's she talking about?

And then I realized she's listening to

all of our podcasts.

That's how Dave has decided that we end all

podcast is with a bye.

I am slowly infiltrating every

corner of your world.

You do!

Your kids say, hashtag tax nerd,

your compliance officers are signing off with bye.

Your parents are singing, Dave relates to retirees.

You just can't escape me, Josh.

You are.

And the fact that, so we're in a different room today, no

one's seeing it because we're not posting video anywhere,

but we're recording a different part of the office today, which

is kind of up in the front, away from everybody else.

Erin, one of our advisors asked me, she

goes, " it's really quiet.

Where's Dave today?

He's usually walking around saying everything to everybody."

So you've really infiltrated the office here, which is fun.

I have.

Side note, going back to SEC every time you say it, I

think Southeastern conference.

I'm like, Ooh, is he talking about like Alabama and Auburn?

Like, what is he talking about?

And then you talk about-

Nope, the Securities Exchange Commission.

Yeah.

God, your life is so exciting with this stuff.

They're not bad.

They're not bad people.

They just have rules as long as you follow them, you're good.

Oh, okay.

So it is July 7th.

We just finished the July 4th weekend, and July 4th is

one of my favorite holidays.

Being the fact that this is the Retirement Equals Freedom

podcast, I think that's a holiday that kind of rings

true, that's that whole freedom, American freedom, independence,

all that fun stuff.

Dave Schmidt:

Mm-hmm [affirmative]

But we're up with my family in Michigan and my

father was reading something on the internet, so it's true.

I haven't fact checked this yet.

Yeah.

But he says, how old do you think the founding

fathers were when they signed the Declaration of Independence?

Should I guess.

I was blown away by this.

I think they were really young.

Were they in their twenties?

Early twenties, late teens.

I think Thomas Jefferson was the old guy in his

thirties or something.

Wow.

It was fascinating.

In fact, our Facebook group, we should try and find those facts.

We'll post those in there, because that was kind of cool.

It was amazing.

What was life expectancy back then though?

Probably fifties, right?

So they were considered probably middle age.

Oh yeah.

Without a doubt.

Actually it's kind of fun, Alex for many years has loved reading

biographies, which is crazy.

Considering he is eight years old.

It's right up Al's alley.

Right Al's alley.

But one of the first ones he ever read was the George

Washington biography.

Of course.

Yeah, whatever.

Does he want to visit all the presidential

libraries like you do?

No, not yet, at least I haven't taken Alex to

his first presidential library.

Actually, yeah I have.

He was with us when we went to Jimmy Carter's library.

I think, I don't know.

My dad belongs to a small golf course up there and they have

an unbelievable firework show.

In fact, they said before the show, and again, I can't fact

check this, they say it's the largest firework show

outside of the city of Chicago within 500 miles of Chicago.

Really?

It's amazing.

It's truly incredible.

It was my family, my daughter, Maggie, and my two boys, my

wife and I, and we're sitting there and we're watching this

show and it's truly great.

But Maggie is sitting on my lap and it's a great memory for me.

As you look over, the boys are sitting at my wife's

lap and everyone's happy and you're kind of mesmerized.

Maggie started off fearful.

I think Alex said to her, he has a fact that

somebody's going to get hurt.

And he says," the fireworks could get shot

at you," or something.

I don't know.

Maggie was scared of it.

So she was actually afraid of the fireworks

as they were going off.

They're pretty loud.

They're right there in front of us.

And I ended up holding her ear against my chest

and I kind of had her my hand over her other ear.

I'm just talking to her through the fireworks.

By the end she was so into it, and so excited.

Really.

It was a cool, a cool family moment.

No, that is cool.

Landon was the same when he was younger and we just showed him

the Daniel Tiger episode a few times of when he first heard

fireworks and it was like done.

I know Missy has referenced to Carla a few times

that she wishes she was as good of a mother as mom tiger.

Mama Tiger, I'm telling you.

Yeah.

So speaking of fireworks, Josh.

We spent the 4th of July.

My dad is in town from Colorado.

He was in town and we went to our friend, Matt and Jackie's

house who I referenced earlier.

They just got engaged and they have three kids, different

marriages, three kids.

They live in Lisle and we spent the day at the pool and

then we came home, showered, went back to their house for

fireworks, around nine o'clock.

Jackie's like, "you know what?

I got the word from moms on Facebook.

Don't go to Lisle High School, go to this park and you'll

see all the fireworks."

I'm like, love it.

I don't like crowds.

This sounds perfect.

So we pack up our wagons.

We walk, live in Green Trails.

There is a cool little path that kind of winds around.

We get to the park, it was like nine twenty.

Okay, we're the only ones here.

It's cool.

nine twenty-five, like one other family walked up and

kind of like walked back home.

Okay, this is interesting.

nine thirty comes around, nine thirty-five, nine

forty, no fireworks.

Yeah, we're definitely not in the right spot.

Now.

Meanwhile, the kids are all down the hill, throwing a football.

It's the glow in the dark football.

They're having the time of their life.

Couldn't care less about fireworks.

So around nine forty-five, okay, we're going to figure this out.

So we-

Please tell me you were in the wrong spot.

We were in the totally wrong spot.

Myself, Carla, Matt and the kids and Jackie and the kids,

we walk down the hill and we start walking down the road and

through the trees, we see what we think is the grand finale or

the penultimate grand finale.

I look back at my dad, who's got a sore knee.

I'm like, "dad just watch our stuff."

So he's by himself in the pitch black on a hill with

just blankets and chairs.

And Landon's like "watch out for the coyotes!"

Just to be Landon.

So we walk down the street and sure enough, we walk

a few minutes we start seeing, walk a few more.

So we got to see the grand finale through like a little

hole in the trees, and that was our 4th of July Fireworks.

Your poor father, his retirement freedom is just

watching your stuff on the top of a pitch black hill.

I'm telling you, but it's on brand for him.

Right.

He always kind of gets screwed like that.

Speaking of my dad, he's back in Colorado now, but

I remember a time back in high school where he worked

part-time in Crate and Barrel as an extra part-time job.

And we used to go visit Oakbrook often, mostly

because of California Pizza Kitchen, as you know.

Yeah.

We loved it.

We'd make it a point to stop

at Crate and Barrel.

We'd always try to pull pranks on him.

So what we would do is anytime we'd have a new friend who my

dad didn't know, we would have them pick up a mini spoon from a

bin, find him and be like, sir-

Oh, I know this spoon.

How much does this mini spoon cost?

And he'd be like, "oh, I'll have to check, wait a minute.

I know you."

Yeah.

So, that's how he met all my friends.

Didn't your sister do that too to him?

It's very possible, but the point was

to like have total random people do it, then he'd

get to meet new friends.

So yeah, my dad was kind of the "advisor" at Crate and Barrel.

So we looked up to him.

We always asked him how much mini spoons cost and

in return he would get us a lot of stuff on discount.

They have a scratch and dent.

They used to call it Shtickle right.

Shtickle?

Yeah.

Shtickle is what it was called.

It Was scratch and dent, and we got stuff for like 75% off.

So far.

We're 11 minutes in.

We haven't talked about the topic yet.

We said advisor!

We did say advisor, but we've

learned the word Shtickle.

I don't know.

Again, my dad's hardcore Chicago, right.

Grew up Chicago.

So maybe that's just a word he made up.

He likes the Jewels.

He likes the Jewels and the sausage.

Landon makes fun of him.

He says winder and potato, just Chicago accents like that.

Are we really 11 minutes in?

Yeah.

Woo.

We're so entertaining to each other.

Time just flies.

I'm telling you.

I hope the listeners are that entertained.

Well, it's, we're talking about 4th of July stuff.

So everyone should feel patriotic.

Yeah.

It's a great time.

Yeah.

My dad was the advisor at Crate and Barrel.

We needed a good advisor.

You needed your advisor.

It's like, you know what I want to talk about today?

Why.

Do you want to talk about something like that?

Yeah, I did.

Oh.

So I thought today, I've had this question from people

before and sometimes I think it's self-serving but they

ask the question, "what should they look for in an advisor?"

Okay.

And you pick me, you pick anybody else.

What should you look for?

When we talk about what to look for, I often say that

as a retiree is the first time you really, really need

an advisor for most people.

Now, most people who are working and saving

money, it's not that hard.

You can do most of it yourself.

Just do it as cheap as humanly possible.

Now there are times that an advisor comes in handy

then, but for a retiree, that's when having an

advisor really matters.

Yeah.

Okay.

So the first thing I always tell people is you want to

have somebody who specializes at working with retirees,

because it is unique.

It's a unique thought process.

I have written on our notes, Dave here, do you

see what it says there?

What's that?

Airplane story?

Oh yeah.

Airplane story.

So this analogy actually came to me from a

client of mine and we were talking about an airplane.

I took it a few steps further here, but if you think about

an airplane, you get on this plane and it's this giant

metal tube with wings on it.

It takes off, down the runway really fast, and all of a sudden

you go up in the air, higher, higher, higher, higher, and

you're floating in the air.

Okay?

Now that airplane is virtually useless to you until it lands.

If the airplane doesn't land somewhere, it's

just a tube in the air.

Now, when I compare that to advisors, most advisors are

really good at helping you get down the runway, getting

faster, faster, helping you get up in the air.

They're helping you get up into that point, and all they want

to do is make you go faster, make you go higher, make you go

faster, make you go higher, save more, find better investments,

whatever it might be.

That's their thought process.

Right.

Build your wealth.

Well, the hardest thing to do, and any

pilot will tell you this, is to land the airplane.

Okay?

Okay.

You actually have to land the plane,

and that's why I say that.

Someone who specializes in retirement is good at landing

the plane, because there're all sorts of different things

you have to tie together.

Right?

Right.

It's not just, where should you invest your money?

It's where should I do it?

How can I spend my money?

What should I do with social security?

What about Medicare?

What about estate planning, wills and trusts and taxes.

All sorts of different things that have to come

together perfectly for the nice smooth landing.

We finished lunch a few hours ago, all

this talk about airplanes.

Do you have any peanuts like snack bags I can have?

No.

Would you go find some?

Hey.

I'll be right back.

I will.

Thanks.

Find someone who specializes in retirement.

If you're not a retiree, don't find someone who

specializes in retirement, but if someone is to retire,

find someone who specializes in retirees, that should be

over 90% of their business.

Because they're going to know things like the

back of their hand of how to tie things together.

Mm-hmm [affirmative] Yeah.

Right.

The second one I always say is find

someone who's a fiduciary.

It's a big word, fiduciary.

There's two different standards that we are held

to in our industry, and I mentioned the SEC before.

As a SEC registered firm, you're held to what they

call the fiduciary standard.

The other standard is the suitability standard.

So let me explain the difference between these.

The suitability standard says that you have to

just do something that is okay for the person.

Yeah.

It may not be what's best for them but

it's what's okay for them.

The fiduciary standard is you have to do whatever

you feel is best for the client, no matter what.

Unequivocally.

Unequivocally.

Yeah.

And I always say, it's do the right thing at the

right time for the right reason.

It's kind of one of those things you have to do

what's right for the client.

The suitability standard, an advisor who practices the

suitability standard, which is a high percentage, it's like

70, 80% of advisors out there are only suitability advisors.

Wow.

Technically, they can pick something

where they get paid more than something else.

Even if they think the lower, what they earn less on, is

better for you as long as both of them are suit suitable

for you, it doesn't matter.

So that fiduciary standard really, really matters.

I just find it hard to believe that

there are suitability firms.

It is.

It's crazy to think that it's allowed at all.

Yeah.

They're actually working on changing that.

Okay.

So that's a change in our industry.

I'd imagine to be a fiduciary, you'd have

to go through significantly more...I don't know, like

standards and compliance things.

Yeah.

It's harder to be a fiduciary.

It is a lot of times you're trying

to prove it and make sure you have everything done.

I mean the amount of effort and money we spend on just

documenting what and why we do things for clients

is kind of ridiculous, but-

Sure.

Okay.

The next one should come as zero

surprise to our audience.

If you've listened to any of our podcast, hashtag tax nerd.

Yes.

You should find someone who's what we call tax focused.

Yeah.

You've heard me say it before when people are saving

money, it doesn't really matter.

They don't have as much control, but for retirees, that tax focus

mentality is going to mean far more than anything else they do.

And you make taxes fun.

And I make taxes fun.

Thanks David.

You're welcome.

It's a hoot.

The next three.

I'm going to tie together here.

I have the words transparent, honest and accountable.

So transparent is easy.

Transparent is you should know exactly what

they're advisor's making.

You should know what they're charging you.

Oh, fees.

You mean fees.

It should be an easy.

Thanks Dave.

It should be an easy...

To tell how much you're paying.

Yeah.

Because that transparency matters.

There's value to it.

Honesty is something that's hard to come by.

Honesty isn't someone that who's going to lie to you,

but a lot of times the value in advisor provides is

just to tell you something you're doing is stupid.

It's kind of those things.

If you're doing something you shouldn't do, you want your

advisor to tell you that.

Now, you might still do it.

It's your choice.

You have the freedom to do those things, but a lot of

times I say what we do, one of our biggest things is saying,

Hey, we know where you want to get to and we'll try and

find the best way to do it.

So you want that honesty to say, Hey, yep.

I don't think that's the right thing for you.

Yeah.

You don't want your advisor to be a yes, man.

You don't want them to be like a Jiffy Lube where

you go in, you tell them I want this and they do it.

You're looking for more advice.

You want someone who knows your situation

and is going to give you honest feedback there.

The last one's accountable and the accountability

goes two ways.

You want to be able to hold your advisor accountable to

what they say they're going to do, but you also want your

advisor to hold you accountable.

The number of times that we have heard people come in and

say, I want to take this trip.

Be it an Alaskan cruise, be it a trip to Europe,

whatever it might be.

They want to learn to garden.

They want to take a cooking class, whatever it might

be, and two years go by and they've done none of it.

I feel like half of our job is travel agency and fun planning

because we'll actually sit down and say, " Hey, you've said to

me, you're going to, you want to take this Mediterranean cruise.

Here's three different options that our clients

have taken in the past.

Which one are you going to do?"

You've done that before?

Oh yeah.

I find that to be so much fun.

So you're like a travel agent.

Yeah.

You want that accountability.

You want someone, these are your dreams, let's

make it accountable to getting those dreams done.

So, transparency, honesty and accountability are there.

And then you want a long history.

You don't want someone who is brand new out of the box.

You want a team of people that know what

the heck they're doing.

They've been doing it for a long time, kind of like your pilots.

You don't want that fresh pilot, right out of school.

You want that pilot who's got a couple thousand

hours under their belt.

Now the last one and I was talking to some other advisors

in our office for that and the last few kind of come from them.

The first says you want to have someone who you have

a good relationship with.

Someone who actually, you feel understands you.

I'm not saying you have to like your advisor, but you have to

feel like your advisor gets you.

You have to feel like your advisor's doing what you think

is the best interest for you.

So I think that's an important one.

Somebody who has a good team about them, because

if you have a good advisor, they have multiple clients

and you need someone who has a team based approach.

Otherwise, you're going to get stuck when you need them

all of a sudden, and you can't get ahold of them.

And if their team isn't good enough, it's poor choice.

I'm going to sidestep that one too.

I said this to somebody, the other yesterday

came into our office.

If you pick me as an advisor or somebody else, I think

if you have four or five advisors, you're doing

yourself a disservice.

Having one, maybe if you do some yourself, that's okay.

But having one advisor who knows everything means you don't

have people making decisions that are counter to each other.

The last two are real simple, ask for references

and check reviews.

You need to be able to check up on who you're hiring there.

Having a good advisor is one of the most important

decisions that you can make towards the end of your life.

I always tell there's two people you're going to hire that, other

than your doctor, I mean, your doctor has a lot of control.

Your advisor is going to make sure that what you

want to have happened during your life happens.

Your attorney is going to make sure whatever happens

after you're gone happens.

Interesting.

Those are two important hires that you want

to make sure you really spend some time and effort on.

It's not just someone you've been using your entire life.

You should always have someone like

me too in your life.

Oh yeah.

But that's just for fun.

Oh yeah.

I mean, that's a choice.

Right.

Guys like me are there to take care of any excess money

you may have in your wallet.

Like, oh, you got 20 bucks?

Take me out for dinner.

Let's go buy some Arby's.

Yeah.

That's what I'm good for.

Hit that button, Josh.

Oh man.

Yeah.

Dave relates to retirees.

Yeah.

So I wasn't so much looking for an advisor back in

1996, but I was looking for a good lifelong friend.

It was right around the time where Josh and I started hanging

out, our two groups of friends were commingling, if you will.

Also, side note, around the same time where Josh

and I were both trying to get our driver's license.

He could, I couldn't because my mom's horn didn't work,

so I was turned away.

It was 1996, and it was before our fateful time at the U

of I basketball camp that we talked so fondly about.

I remember we were in one of our friends' basements and me

and someone else were going to get McDonald's and I'm

thinking the back of my head the whole night, I'm like, how

do I approach this guy Josh?

He seems, seems cool.

I see a lifelong friendship and you're an advisor,

a friend and advisor.

I go to McDonald's.

I come back and I gave you a large fry.

You didn't ask for it.

I actually paid for it.

Probably the one, the few things I've ever paid for,

and I gave you this fry and the look on your face, it was

like an instant connection.

You're like, oh my God.

Yep.

This is it, Dave, this is the guy.

This is the guy right here.

So that is my Dave relates to retirees.

How I courted you as a friend by giving you

a free McDonald's Fry.

Because I was looking for a friend and advisor.

And now jingle me out, baby.

You're not going to sing this one?

I will.

Dave relates to retirees.

You know, if people listen to episode 13,

they're bummed right now.

Why?

Because you didn't jingle yourself out with a live.

Dave Schmidt:

Should I do one now?

Go ahead.

Yeah.

Dave relates to retirees and buys

Josh McDonald's fries.

Yeah.

So that one, I'd like people to see

the inside of my brain.

As you say these things.

Cause I don't know what you're going to say, and

you started off, I was like, oh, I'm going to be able

to take this one home easy.

And then at the end I was like, where is he going with this?

Oh, and then finally I'm like, okay, I can do this.

Having an advisor is a relationship.

I don't think any of my clients have ever bought me

fries before, but we have had people bring us in cookies.

Actually we have a client, Jane, who's made me

pottery before that we feature here in the office.

We have client DeDe who's brought in lasagna for us.

DeDe, that was great lasagna by the way.

But it becomes a true relationship . There's

a benefit on both sides.

I love people.

I love being around people.

I love talking to people.

I love trying to understand people's situation and I

hope that I can provide value to them at the same time.

So Dave, when you brought me fries, which

I mean the way to a-

To a large man's heart.

Large man's heart is through McDonald's french fries.

But that is a relationship builder, if you will.

So I don't expect clients to bring me McDonald's

french fries, but-

Clients, if you do, and if I'm in the office,

they will not go to waste.

No McDonald's french fries never go to waste.

I think that speaks to the relationship building and the

importance of relationship, especially with a retirement

advisor, because they're going to hold your hand through some

really cool stuff and with anything else, hopefully they

can make your life better.

The same way McDonald's fries make your life better.

Oh man.

It makes everyone life everyone's life better.

But to be honest though, advisors are also there

through some pretty tough times in people's lives.

Oh, you not only get to see the joys.

I talked about the booking people trips and trying to get

their dreams, but unfortunately you're there to pick them

up in their worst times too.

When they lose a spouse or worse.

It's rewarding, how I say this without sounding terrible?

It's a rewarding feeling to know that what you've done,

not only makes somebody happier, but can make the worst

times of their life better.

Yeah.

No, totally.

That makes total sense to me.

Let me lighten this up a little bit though.

Let me, let you, let me lighten this up a little bit.

Let me, let you, let me lighten this up.

Have you ever had to console somebody through the tragic

moments in their life when they ran out of Puddin'

Cakes and or Cometeer Coffee?

Specifically Puddin' Cakes, because we've been

without Puddin' Cakes for about 20 years now

we have been without Puddin' Cakes.

I think the only person, no, I take that back.

Cometeer Coffee, you complain about not having

it all the time., and it will be here tomorrow.

So next time we record a podcast.

Yes.

We're drinking commentary coffee.

Keep it frozen.

Hopefully it shows up on time so I can freeze it.

That's true.

But Puddin' Cakes.

I do believe at one point in time, I went down to your

basement and I got the last two Puddin' Cakes, but the problem

is there was three of us there.

Oh, oh no.

I'm pretty sure Joe cried.

Joe cried.

Joe cried when we didn't give

him the Puddin' Cake.

Yes.

And neither of us shared with him.

Cause I think he was in the bathroom, so he didn't

get them when we came up.

Is that why he started hiding up on

top of the little ledge above the basement stairs.

Remember that?

How creepy he was?

You had the creepiest basement and

Joe just added to it.

We had creepy friends.

So it was a great combination.

That was a great combination.

Oh man, Josh.

Well now I know what to look for in an advisor when I

retire, which is kind of now.

Dave, you have me.

Oh I do?

Yeah.

Oh, okay.

Well thanks.

I appreciate that.

You just buy me fries.

We're good.

Good.

Awesome Josh.

Well, hey man.

Thanks for sharing this.

Anything else?

What are we going to sign off with here?

Well, I wanted people, the Retirement

Equals Freedom Facebook group, don't forget about it.

Don't forget.

And this is a great spot where if people

have questions to post them.

If you have a question, post it, the Retirement Equals

Freedom Facebook group.

And again, you find it by going to Facebook and typing

in retirement equals freedom and it will pop up there.

A question, we'll answer it here live.

Well maybe not live, because we don't do these things live,

but we'll answer it here, in real time, recorded on the show.

And the whole world will get

to hear your question.

I mean we're worldwide by the way.

Worldwide.

Yeah we are.

All right, Josh.

Good chatting with you buddy, and with that, I will say-

Hold on.

Oh.

To our compliance team.

Bye

Yes.

Bye.