Stanley discusses why you need to ask yourself one simple question: Who is on my team? Most people do not even know that there’s a team they should be building, let alone know who they have already hired to be on that team. With your team, there are proper times to utilize certain members and know hot to use them. The value of a Quarterback on any football team is immeasurable as they control the flow and success of the offense. Having a dedicated QB for your team is vital.

In today’s episode, Stanley discusses the idea of the “family farm” getting lost in the woods. We want to share an idea of how to bring back the ability to build upon a foundation for generations. (The way families did so for most of human history.) This allows us to keep what we work hard for and transfer it to the next generation, instead of Uncle Sam. Creating and engaging in a legacy building conversation is life changing… and well overdue.

Stanley describes breaking down traditional retirement planning and finding the flaws to help us in our preparation. This allows for us to succeed and not simply “settle” for lesser than planning. Simple things like “Actual vs Average RoR”, Inflation, Lifestyle in Retirement, Unfunded Future Healthcare Costs, Taxes, and more, are covered by Stanley in this episode. This is the conversation everyone should be having with those on their financial team.

Stanley discusses the nature of a stop & start pattern, the impact it has on your emotional energy and the prohibited opportunities in our future. Keeping momentum throughout our earning careers is vital to our lifestyle and needs. This will have a 6-figure impact on our future and a 5-figure impact on our income.

Stanley talks about tough conversations to have, not only for students, but as a family. College is not just a parent or just a student problem to solve. To find the right solution for your situation, it requires a family solution. We break down the basics for this robust conversation and how to get the ball rolling so you may have the best conversation and solve the most expensive season of most families lives.

Stanley discusses yet another unconscious, unspoken choice available to you: Would you rather retire at two-thirds of your income? Or, would you rather retire at two-thirds of your tax bracket? This thought process has a larger impact than traditional retirement planning that focuses on “retiring at two-thirds of your income to be in a lower tax bracket”. Why? Because traditional planning eliminates key tools to make a lower tax bracket dream a reality. This subtle change has a huge impact on your quality of life during retirement.

Today, we are keeping it simple. Stanley discusses the porous holes in our lives that need to be filled to help us become wealthy. “U” Understanding & University. Constant understanding, constant learning will impact the way we live, who we become, and the wealth we are looking to build.

In today’s episode, Stanley walks through your preferences when it comes to traditional planning. Investment Funds, Internal Savings, or Bank Savings (a.k.a. IF, IS or BS).

1. Investment Funds: IF it is there when you need it, you are pleasantly surprised.

2. Bank Savings: Barely keeping up with inflation, limited in selection.

3. Internal Savings: Something that IS going to happen. The only option with guarantees and predictability that sets the foundation for the rest of the picture work better and more efficiently.