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 podcast with John Browning. Build your life as a relaxed and unedited conversation with financial expert in number one Amazon bestselling author, John Browning Jones, the founder of Guardian Rock Wealth and serves clients across the United States. John's the author of the book build a life, not a portfolio, a guide to your financial future based on your personal values, which you can purchase on Amazon, or stay around to the end of today's show and I'll tell you how to get a free copy mailed right to your door. I'm Michael The lawn, your host for the next few minutes as we chat with financial expert and business owner John Brownie. Well, John Brownie, is certainly is good to be back with you on your podcast. How are you today? I'm as happy as a dog in a butcher shop. I love it. That's a pretty happy dog there. That's good and that's a good phrase. I need a good phrase. I got a friend who, every time I ask him a question and the answers yes, his answer back to me is does a one legged duck swimming a circle? Yeah, well, I guess it does. So all those little trait phrase, little phrase is like. Well, yeah, I guess it is so anyway, a dog in a butcher shop. Let me ask you. We talked to a couple episodes of ago about pensions and how many times we don't have them now and how to create your own personal paycheck 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 all the different ways to do that and the confusion around that and we have to need 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 an early buy out and he hasn't worked since and I think you made a comment to me that his company has paid him more since after he got that buy out, after he stopped working for them,...

...they have given him more paytex than when he was employed by them. That's crazy. So, but that's all because of pensions and buyouts and social security. But they're not the same as they used to be right. Thanks have changed in our culture with just the way finances work and the way people work. I mean, leave it to 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 has to 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 you women have have come so far right since Mrs Cleaver and and their rights have been 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 equal pay for equal work. But and that's something that we need to continue to fight for and they're great causes that do that. But another place that they get a kind of a bad rap, and people don't plan for it and maybe because they just don't realize it, is that when you are working couple and your wife has been working and I've been working and it comes time for social security, you're both throwing social security right, but then when the husband passes away, the wife only gets half of that and it it creates a little bit of friction and a misunderstanding of how social security works. And it works back when social security was originally invented because women, frankly, didn't work outside the whole. Plenty work inside, though, but they didn't do the double duty that they're pulling often now,...

...right, and it's still underneath the kind of outdated idea. So so security can maybe throw a curveball, a little 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 have a 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't know, just don't numbers. All right, Yep. Well, if when he dies, because he's statistically going to die before her, right, he dies, 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, and she gets half of his or her income goes down significantly. And if they haven't planned for that, that is a major, major stressfully there that could cause, I mean, all kinds of ramification, not just for her but for her extended family and things right. And if people just don't think about this, 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 has really 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 sure when so scurity actually Begah, yeah, I should know that right. Yeah, I was back guy, want to say with the FBR area, but I 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 outside the 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 changed much, and that is that's why you need somebody like John Browning to help you understand and navigate the rules around social...

...security, because whether you think it's right or not really doesn't matter until the rules change. Right, right, one nineteen thirty five, by the way. Eighteen thirty five. Yeah, was established in nineteen thirty five. So nineteen thirty five. It'd be fascinating to the research of how many women worked outside the home in nineteen thirty five versus. That was before, before World War Two, and that's when some women started working outside the home because that had to write. Yeah, because of the memory way of war. So, yeah, not many nineteen, yeah, and and so versus. Today, a lot of women working outside of the 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 makes a big difference. And basically, what you're what you're seeing here, is that while we've come a long way with women men's rights, we still have we 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't changed. You need to be planning for how do you going to navigate around those 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 that you'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 and you'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 hear this on the Internet. Nobody talks about this, but it is by far one 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 we all 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 plan for, and that's that's where you come in, John Is. You understand this stuff around so security, around pensions, around the investments, how to title those investments. We talked about that a few times ago. How to create a personal pentant or personal paycheck protection plan, we talked about that a few times. I mean, there's so many variables that it does cause us to stick our head in the sand and going I just don't even want to talk about it and your you, John Brownie, comes along and he pops your head Rut of the sand and says, no one, let's just talk about this, I got this. You're you're like a Mac Max. Are So easy to use. You make financial planning easy because you know the questions to ask and you do this, as I called on the backstroke. It's just like, Oh, yeah, we can do that, we can do that, you know the right questions ask. But first you got to build a relationship with your clients. Right, that's the first step and in your whole process, I have to listen to them, I have to understand what it is that they really want. And a lot of times, so many times, 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 party that is willing to ask the why question and and get you to think just a little bit deeper and then just a little bit deeper still, until you really 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, and and 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 a portfolio, right, but it's building the life today that you want to live today and anticipating the life you want to live in retirement. How do you do both of those and send kids to college and by the boat or the Harley and do all these other things? Right? There are so many things in there that if you've got a John Browning in your corner, he can help you navigate and know where to be investing, where to pull money from which account at what time? What do you need to do to plan for retirement with increasing healthcare costs, possibly increasing taxes, all kinds of things that are going on that most of us just don't even think about. We just think we're going to retire one day, get the gold watch and walked our mailbox and there's going to be a check there, right, yeah, doesn't happen quite that easily, it really doesn't. And if you wait until you get the gold watch it's going to tarnish by the time you get the all the paperwork done. I think crazy. What they don't even give you the gold watch anymore. What's gone to? I don't think they give those anymore either. What is the world coming to? Sorry, but it is. It's just a matter of its planning. Is Thinking, is doing want, and you know my I've got a big ministry to men. I like to challenge men and I think, John, one of the best ways men can love their wives is by planning for things like this. Don't make your wife do the planning and don't make her wake up one day and go my husband's just passed away and I don't have a clue about anything. Don't be into your wife, take the initiative, be a man, step up, called John 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 their their funeral. You need to have a will, you need an estate plan. John, you got people that you work with WHO helped with the state planning if that's needed. Right, right,...

...taxes. One of my favorite questions right now, John, to my friends is like, do you think Texas and then in the next decade, do you think they're going to stay the same, go down or go up? And they answer that question. I'm like, okay, what are you doing to plan for that? Whatever their 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 in my fore K and all my money and so security. When I take it out, I'm going to get less of it because taxes are going to be higher. But there might be a way to plan for that. You would know. So great think about things like that. That's why you need to 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, right now with the I think when beaver's mom w what we that's what we're titling this, by the way. But why BEAVER'S MOM would not make it in today's society? She I don't think the government printed money and gave it to them in stimulus packages back then. Now I'm grateful for what the government has done 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 to plan 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 that discussion. 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 you do 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 when it started in one thousand nine hundred and thirty five, then touched on stock market and life insurance or pensions or I...

...mean there are dozens and dozens of things, 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 when they could just make a phone call to a comprehensive financial planner like what we do and will help sort out the house, because it is complicated and it's so complicated 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's an 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 a team around you because, I mean, just think tax law. How often does the tax law change? Yeah, right, yeah, you need somebody who just does that. Let Alan's making sure your a state is set up properly and then funded properly. Right, we talked about titling a few episodes ago, 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 to make 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 just a portfolio and asking you know, you're really an expert at just relationships and and you've got an expertise in finance, is but it's the relationship component in the questions that you asked. That help elicit what people really want, because until they know that, it's just money. HMM. You gotta know what you want and what's your purp what is the purpose of the money that you that you're accumulating? What's the part? What do you want? Answer those questions with John and then he's going to be able to lay out a plan for you that's unique to you, because your plan is going to be different than 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 a dozen facts. Oh, I do too, and I there's for when we're talking to the picture that comes to mind is rocky. It's probably the first or 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're right, and he cuts his eye right right. Rocky can't see, so he cuts his eyes with a razor relate so he can see again, and he'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. It is you're Mickey, you're in the corner, you're encouraging me, you're giving me counsel 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 help them and guide them and direct them and show them, and that's what you do. That's why I love talking to you on these podcasts because you just 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 expert there, because you wrote an Amazon number one best selling book on it called build a life, not just a portfolio. People can get a copy of that book, John, at your website, Guardian Rock wealthcom. They can get a report from you that you just released about the eight common misperceptions of retirement, absolutely free. Go to the contact page and go to the contact page and just reach out to John Say hey, tag your it, I'd like 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 mixing my metaphor the whole different thing. Yeah, and I promise I will not catch your eye with the razor laid with. It'll be much easier than that. Last pain involved. Definitely. So a lot of fun memories around rocky. We could have whole episode on that, but maybe, maybe not. Maybe. Anyway, today, and we I mean today, we talked about all kinds of fun nostalgic stuff.

We started with beaver cleaver's mom and we ended with rocky. So I mean, how how much more fun could a podcast get, John? Not much more. Not much more. And you're going to have a lot of fun when you reach out to John at Guardian Rock wealthcom. Just talked to him about your finances, your future and what you really want in life and see how he might be able to serve you and your family. It's a great time to do it now. So stop listening to the podcast because we're done. Go to Guardian Rock wealthcom and schedule the time with John Browning. John, thanks so much. It's been fun, Fun Walk Down Memory Lane. Learn some things about social security and learned 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 wealth with us. All right, we'll see you next time. All right, take care, buddy. But by money really is a big part of our lives, and John Browning can help you and your family learn how to keep money in the proper perspective. It's important, but it's only a tool that could help you build the life that you want. If you like, John Emilie 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 and send your request. John Will Mell a copy of his book right to your door 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 sent to you automagically when it's released. Have a terrific day.

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