Why Beaver's Mom would not make it in today's society.

ABOUT THIS EPISODE

Social Security was established in 1935 when most women did not work outside the home. Today financial expert and amazon Bestselling Author, John Browning, discusses how you can plan properly to build a wonderful life. Learn more from John when you reach out to John at GuardianRockWealth.com.  

Welcome to the build your life podcastwith John Browning. Build your life as a relaxed and unedited conversation with financialexpert in number one Amazon bestselling author, John Browning Jones, the founder ofGuardian Rock Wealth and serves clients across the United States. John's the author ofthe book build a life, not a portfolio, a guide to your financialfuture based on your personal values, which you can purchase on Amazon, orstay around to the end of today's show and I'll tell you how to geta free copy mailed right to your door. I'm Michael The lawn, your hostfor the next few minutes as we chat with financial expert and business ownerJohn Brownie. Well, John Brownie, is certainly is good to be backwith you on your podcast. How are you today? I'm as happy asa dog in a butcher shop. I love it. That's a pretty happydog there. That's good and that's a good phrase. I need a goodphrase. I got a friend who, every time I ask him a questionand the answers yes, his answer back to me is does a one leggedduck swimming a circle? Yeah, well, I guess it does. So allthose little trait phrase, little phrase is like. Well, yeah,I guess it is so anyway, a dog in a butcher shop. Letme ask you. We talked to a couple episodes of ago about pensions andhow many times we don't have them now and how to create your own personalpaycheck protection plan. You can do that. Reach out to John and Guardian Rockwell. And then we talked again in another episode about Social Security and allthe different ways to do that and the confusion around that and we have toneed to plan. Then we talked, I think last successional session before,about your dad and how he worked for a few years and he got anearly buy out and he hasn't worked since and I think you made a commentto me that his company has paid him more since after he got that buyout, after he stopped working for them,...

...they have given him more paytex thanwhen he was employed by them. That's crazy. So, but that'sall because of pensions and buyouts and social security. But they're not the sameas they used to be right. Thanks have changed in our culture with justthe way finances work and the way people work. I mean, leave itto beaver. I don't think Mrs Clever ever had a job outside the house, but now we've got a whole workforce of working women right that that hasto play into how we, as family's plan for retirement, doesn't it?Well, that's that's that's right. It's actually a really good point and youwomen have have come so far right since Mrs Cleaver and and their rights havebeen you know, that was a great show and all that kind of stuff, but their rights and they still on the averages, are not getting equalpay for equal work. But and that's something that we need to continue tofight for and they're great causes that do that. But another place that theyget a kind of a bad rap, and people don't plan for it andmaybe because they just don't realize it, is that when you are working coupleand your wife has been working and I've been working and it comes time forsocial security, you're both throwing social security right, but then when the husbandpasses away, the wife only gets half of that and it it creates alittle bit of friction and a misunderstanding of how social security works. And itworks back when social security was originally invented because women, frankly, didn't workoutside the whole. Plenty work inside, though, but they didn't do thedouble duty that they're pulling often now,...

...right, and it's still underneath thekind of outdated idea. So so security can maybe throw a curveball, alittle bit of a surprise. Well, it really can, especially listens.Talk about a an elderly couple. Let's let's say they're seventy eight, husband, wife, still living, living on soar security primarily. Maybe they havea pension, but they both are drawing social scurity checks and let's say there, let's just say they're making five, FIVEZERO dollars a month. I don'tknow, just don't numbers. All right, Yep. Well, if when hedies, because he's statistically going to die before her, right, hedies, but he's got the bigger pension or the bigger social scurity mount.Yeah, it's like she loses hers because hers was less than his, andshe gets half of his or her income goes down significantly. And if theyhaven't planned for that, that is a major, major stressfully there that couldcause, I mean, all kinds of ramification, not just for her butfor her extended family and things right. And if people just don't think aboutthis, right, that's exactly right. And you know, it's just again, it's set up based on s way the world was, and nobody hasreally talked about this. Yeah, so, and when did sour security start?Was it back in the S or s or when did it you know? I mean, Oh, you've stumped me on stop the I'm not surewhen so scurity actually Begah, yeah, I should know that right. Yeah, I was back guy, want to say with the FBR area, butI I don't know. But it was not right when it was established.It was a established during the time when really, most women didn't work outsidethe home. Most some did, but most didn't. Right. And,as you said, those rules haven't changed. Those SOC scurity rules haven't changed.Our culture has changed dramatically, but the rules for SOC scurity haven't changedmuch, and that is that's why you need somebody like John Browning to helpyou understand and navigate the rules around social...

...security, because whether you think it'sright or not really doesn't matter until the rules change. Right, right,one nineteen thirty five, by the way. Eighteen thirty five. Yeah, wasestablished in nineteen thirty five. So nineteen thirty five. It'd be fascinatingto the research of how many women worked outside the home in nineteen thirty fiveversus. That was before, before World War Two, and that's when somewomen started working outside the home because that had to write. Yeah, becauseof the memory way of war. So, yeah, not many nineteen, yeah, and and so versus. Today, a lot of women working outside ofthe home, praise God for that. But the rules for social security,they're still functioning under nineteen thirty five rules. That's crazy and it makesa big difference. And basically, what you're what you're seeing here, isthat while we've come a long way with women men's rights, we still havewe still have a ways to go. Yes, Oh, big time,big time, because if the if you don't plan well, right now,okay, you're under the rules of an old regime right, the rules haven'tchanged. You need to be planning for how do you going to navigate aroundthose rules? How you going to find the loopholes per se? Right,that's how the rich stay rich. They know the loopholes in the tax code. They're not illegal at all. They're totally illegal, they just know them. Same thing here. If you're banking on that sort of security check thatyou're getting right now between you and your husband for the rest of your life, that's not a safe bet. Odds are he's going to die first andyou're going to lose a chunk of change every month unless you've planned well.I just think it's a topic that, the what if, nobody talks about. I never hear this on the evening news. No, I never hearthis on the Internet. Nobody talks about this, but it is by farone of the biggest things people plan for...

...because we're all paying into sour security, right. We all expect it to be there when we retire and weall expect to last the rest of our life. But what happens when?What happens to your wife when you've lost your life? How about that?But it really is. It's a big financial deal that you've got a planfor, and that's that's where you come in, John Is. You understandthis stuff around so security, around pensions, around the investments, how to titlethose investments. We talked about that a few times ago. How tocreate a personal pentant or personal paycheck protection plan, we talked about that afew times. I mean, there's so many variables that it does cause usto stick our head in the sand and going I just don't even want totalk about it and your you, John Brownie, comes along and he popsyour head Rut of the sand and says, no one, let's just talk aboutthis, I got this. You're you're like a Mac Max. AreSo easy to use. You make financial planning easy because you know the questionsto ask and you do this, as I called on the backstroke. It'sjust like, Oh, yeah, we can do that, we can dothat, you know the right questions ask. But first you got to build arelationship with your clients. Right, that's the first step and in yourwhole process, I have to listen to them, I have to understand whatit is that they really want. And a lot of times, so manytimes, we've never taken the step to ask ourselves what we really want,or or we've only asked ourselves and not in front of an independent third partythat is willing to ask the why question and and get you to think justa little bit deeper and then just a little bit deeper still, until youreally find out what's really not just how you want to build your life,but how you're going to be most fulfilled in later life. Yeah, andand really that's it, and that's the thing that I appreciate about you,as you talked about financial planning from in...

...building a life, not just aportfolio, right, but it's building the life today that you want to livetoday and anticipating the life you want to live in retirement. How do youdo both of those and send kids to college and by the boat or theHarley and do all these other things? Right? There are so many thingsin there that if you've got a John Browning in your corner, he canhelp you navigate and know where to be investing, where to pull money fromwhich account at what time? What do you need to do to plan forretirement with increasing healthcare costs, possibly increasing taxes, all kinds of things thatare going on that most of us just don't even think about. We justthink we're going to retire one day, get the gold watch and walked ourmailbox and there's going to be a check there, right, yeah, doesn'thappen quite that easily, it really doesn't. And if you wait until you getthe gold watch it's going to tarnish by the time you get the allthe paperwork done. I think crazy. What they don't even give you thegold watch anymore. What's gone to? I don't think they give those anymoreeither. What is the world coming to? Sorry, but it is. It'sjust a matter of its planning. Is Thinking, is doing want,and you know my I've got a big ministry to men. I like tochallenge men and I think, John, one of the best ways men canlove their wives is by planning for things like this. Don't make your wifedo the planning and don't make her wake up one day and go my husband'sjust passed away and I don't have a clue about anything. Don't be intoyour wife, take the initiative, be a man, step up, calledJohn Browning, reach out to him at Garden Rockwellthcom and just start the process. You know, I'm a big fan of people need to be planning theirtheir funeral. You need to have a will, you need an estate plan. John, you got people that you work with WHO helped with the stateplanning if that's needed. Right, right,...

...taxes. One of my favorite questionsright now, John, to my friends is like, do you thinkTexas and then in the next decade, do you think they're going to staythe same, go down or go up? And they answer that question. I'mlike, okay, what are you doing to plan for that? Whatevertheir answer is, what are you going to do to plan for that?Because I'm gonna start going to go up, which means it all my money inmy fore K and all my money and so security. When I takeit out, I'm going to get less of it because taxes are going tobe higher. But there might be a way to plan for that. Youwould know. So great think about things like that. That's why you needto just have a conversation with John and go what do you think John,and he'll give you some thoughts and some questions to ask in some research.It's there's just so much going on in our culture, you know, rightnow with the I think when beaver's mom w what we that's what we're titlingthis, by the way. But why BEAVER'S MOM would not make it intoday's society? She I don't think the government printed money and gave it tothem in stimulus packages back then. Now I'm grateful for what the government hasdone to step into safe some businesses and some people's lives. Pay Days coming. Somebody, somebody's going to pay for that money and I I'm calm convinced, and I'm not a financial advice or I'm not giving any financial advice.I'm convinced is going to be us and our kids and our grandkids. Right. How can we plan for that? What should I be doing now toplan for that? If that's what I believe, if that's what you believe, you need to take a step and reach out to John and have thatdiscussion. To Go John, what do you think? How about this?Begin a relationship with somebody who's in your corner who understands way more than youdo probably about all of these things, because they are just so many factors. We just we just scratch the service today on source of security and whenit started in one thousand nine hundred and thirty five, then touched on stockmarket and life insurance or pensions or I...

...mean there are dozens and dozens ofthings, and I think the John that's why people don't do it. It. Yeah, it gets over welming and so they just don't do it whenthey could just make a phone call to a comprehensive financial planner like what wedo and will help sort out the house, because it is complicated and it's socomplicated that I don't specialize in everything. I have people who work with me, that I know I can trust and I work with for many,many years, that take over at the point where my expertise it's the limit. Yeah, yeah, and that's and that's, by the way, brilliant. I tell people all the time, if you ever run across somebody who'san expert at everything, turn and run. I guess you just can't be.You can be an expert one or two things, but you need ateam around you because, I mean, just think tax law. How oftendoes the tax law change? Yeah, right, yeah, you need somebodywho just does that. Let Alan's making sure your a state is set upproperly and then funded properly. Right, we talked about titling a few episodesago, about titling for one case and Ross and all that the proper way. Well, how do you get that into your estate and your trust tomake sure it flows properly? You can't be an expert at everything, John, but you are an expert at helping people build a life and not justa portfolio and asking you know, you're really an expert at just relationships andand you've got an expertise in finance, is but it's the relationship component inthe questions that you asked. That help elicit what people really want, becauseuntil they know that, it's just money. HMM. You gotta know what youwant and what's your purp what is the purpose of the money that youthat you're accumulating? What's the part? What do you want? Answer thosequestions with John and then he's going to be able to lay out a planfor you that's unique to you, because your plan is going to be differentthan my plan. I guarantee that,...

...all right, but it's fun.It's good to have people like you always think of rocky. Remember Rocky.It's a movie. I loved rocky. I've see know he's at least adozen facts. Oh, I do too, and I there's for when we're talkingto the picture that comes to mind is rocky. It's probably the firstor second one when he's in the ring. It is probably around thirteen right,and he's in the corner and and his trainer Mickey. Yeah, they'reright, and he cuts his eye right right. Rocky can't see, sohe cuts his eyes with a razor relate so he can see again, andhe's early just given him that Snarli look, but it's I came back in there. Go Can. You're right, and that's what you do. Itis you're Mickey, you're in the corner, you're encouraging me, you're giving mecounsel and advice and and all of that, and that's what people need. They need a mickey in their lives. They need somebody who's going to helpthem and guide them and direct them and show them, and that's whatyou do. That's why I love talking to you on these podcasts because youjust it just brings out the passions that I have a round what you do. I can't do it, but you can, because you are an expertthere, because you wrote an Amazon number one best selling book on it calledbuild a life, not just a portfolio. People can get a copy of thatbook, John, at your website, Guardian Rock wealthcom. They can geta report from you that you just released about the eight common misperceptions ofretirement, absolutely free. Go to the contact page and go to the contactpage and just reach out to John Say hey, tag your it, I'dlike to have a conversation and I bet he will come and tag you back, and I guess that's a WWF thing, isn't? Sorry, I'm I'm mixingmy metaphor the whole different thing. Yeah, and I promise I willnot catch your eye with the razor laid with. It'll be much easier thanthat. Last pain involved. Definitely. So a lot of fun memories aroundrocky. We could have whole episode on that, but maybe, maybe not. Maybe. Anyway, today, and we I mean today, we talkedabout all kinds of fun nostalgic stuff.

We started with beaver cleaver's mom andwe ended with rocky. So I mean, how how much more fun could apodcast get, John? Not much more. Not much more. Andyou're going to have a lot of fun when you reach out to John atGuardian Rock wealthcom. Just talked to him about your finances, your future andwhat you really want in life and see how he might be able to serveyou and your family. It's a great time to do it now. Sostop listening to the podcast because we're done. Go to Guardian Rock wealthcom and schedulethe time with John Browning. John, thanks so much. It's been fun, Fun Walk Down Memory Lane. Learn some things about social security andlearned about how you can help people navigate through that, as you can many, many things financial. So thanks for being here and sharing your great wealthwith us. All right, we'll see you next time. All right,take care, buddy. But by money really is a big part of ourlives, and John Browning can help you and your family learn how to keepmoney in the proper perspective. It's important, but it's only a tool that couldhelp you build the life that you want. If you like, JohnEmilie a free copy of his book build a life, not a portfolio.Go to John's website, Guardian rockwealthcom, and click the contact US link andsend your request. John Will Mell a copy of his book right to yourdoor absolutely free. Thanks for listening to building your life podcast with John Browning. Be Sure to subscribe to this podcast so each new episode will be sentto you automagically when it's released. Have a terrific day.

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