Retirement Elevated Podcast with Sean Lee

Dissecting Dave Ramsey’s Advice

Dave Ramsey is known for doling out financial advice, but a lot of it is broad and general. Some of it is sound advice and some of it might be more for the benefit of building up likes and views on social media. Today, we talk through what’s what and see what Sean thinks as a financial advisor. Make sure your financial strategy is customized to your unique needs and goals.
 
Here is the financial advice we discuss to see if it rings true:
 
“Don’t invest in anything if you can’t tell me how it works.”
“Don’t invest in something if you’re excited. If your pulse rate goes up too high, maybe you’re getting conned.”
“Do not jump in and out of investments based on what you hear on the news.”
“If you’re not careful, you make short-term decisions which keep you in a short-term solution.
“People that retire wealthy, well it wasn’t an accident.”
 
For more, visit us online at https://retirementelevatedpodcast.com/ 

Financial Advising Relationships: Local vs. Remote

The pandemic brought some long-lasting changes, including remote meetings. In fact, Sean says about half of their financial advising meetings are still virtual. How does this benefit the client?
 
Here’s what we talk about on today’s show:
With the change in technology, virtual meetings are more common.
Convenience can come from meeting online.
If you prefer meeting in person, how can you get the same experience?
What should you ask a potential advisor about working together remotely?
How can you be sure the information is secure?
 
For more, visit us online at https://retirementelevatedpodcast.com/ 

Rounding Third: Sean’s New Book

While Sean didn’t set out to write a baseball book, his love of both baseball and financial planning just came together here and his two worlds collided.
On today’s podcast we talk about his book, Rounding Third: Preparing for Your Finances for the Home Stretch to Retirement. This short and straightforward read has a lot of easy-to-understand financial lessons.
You can learn a lot from the game of baseball. These lessons and analogy carry a lot of meaning for Sean as he relates it to what you need to know when preparing for retirement.
Here’s what we talk about on today’s show:
How did this book come to be? (1:01)
How did baseball and financial planning come together? (2:09)
Who is this book for and how can you get it? (6:03)
What chapter of the book is Sean’s favorite? (9:22)
 
For more, visit us online at https://retirementelevatedpodcast.com/ 
 
 

Well I Heard…

We all hear sayings and information that may or may not be true. Are you basing your financial plan on things you heard through the grapevine without finding out if it rings true for you? Instead of going off of what you’ve heard, ask yourself: “What do I want my life to look like?” Join us as we discuss these common ideas and share some questions that will help you make a plan that aligns with your personal goals. 
 
Here are the things people “hear” all the time and what Sean has to say about them:
I heard…you have to have a million dollars to retire. (1:56)
I heard…you should start taking Social Security ASAP. (6:43)
I heard…I should go to gold. (9:48)
I heard…the market is going to crash soon. (13:21) 
 
For more, visit us online at https://retirementelevatedpodcast.com/ 
 
 

Reasons Why People Don’t Visit With An Advisor

Not everyone has a financial advisor they know and trust. It can be scary to trust a financial advisor, especially when it comes to your nest egg. Sean talks about how he builds trust with clients and what it takes to find the right fit. You want to find someone who can create a financial plan that you are willing to follow and feel confident about.
 
Here are the reasons people don’t visit an advisor that we talk about on today’s show:
Some people struggle to trust advisors. (2:13)
The perceived cost gets in the way. (7:09)
Some think they can just do DIY. (9:54)
People misunderstand an advisor’s role. (12:43)
 
For more, visit us online at https://retirementelevatedpodcast.com/ 
 

Busy, Busy, Lee: An Update on Elevated Retirement Group

After a busy spring, we look toward summer and all that is ahead! There’s exciting news in the office of Elevated Retirement Group as they prepare to move locations.
 
Here are the updates Sean shares on today’s show:
What’s the latest with Sean, his family, and his business? (0:17)
The office is moving after five years. (2:24)
A new book is coming! (4:08)
There’s always something happening, so a strategy is key. (7:35)
 
For more, visit us online at https://retirementelevatedpodcast.com/ 

Having Financial Hindsight

If hindsight is 20/20, what do you wish you knew before now? Instead of wishing you could remake the financial decisions of your past, we talk about the ways you can be more proactive and prepared for financial decisions now and in the future.
 
Here’s what we'll talk about today:
Market volatility can cause uncertainty. (1:04)
Not understanding your risk until it’s too late. (5:37)
Taking Social Security without understanding the strategy. (7:48)
Wishing you put more money into tax-beneficial options. (10:31)
Retiring too early and having no choice but to go back to work. (12:51)
For more, visit us online at https://retirementelevatedpodcast.com/ 

Easy Ways to Ruin Retirement

After saving and waiting for so many years, no one wants to make a big mistake that ruins retirement! Making certain assumptions about what retirement will be like may lead to disappointment. On today’s show, we dive into the realities of retirement and some easy ways you could ruin it, drawing on Sean’s insightful conversations with clients as they navigate this new chapter in their lives.
 
Here are the ways you can easily ruin your retirement:
Treating retirement as a destination instead of a journey. (2:14)
Believing that retirement will solve everything. (4:20)
Assuming your monthly spending habits will be the same. (6:01)
Investing like you’re 35 years old when you’re 65. (8:59)
Stop being active. (11:55) 
For more, visit us online at https://retirementelevatedpodcast.com/ 

Financial Planning with Yogi Berra

Following the wisdom and quotes of Yogi Berra, we compare some lessons in financial planning with what we’ve heard from this famous professional baseball player. From assessing past financial decisions you’ve made to planning for your financial future, there’s a lot of takeaways we can learn from Yogi Berra.
 
Here are the quotes we discuss on today’s show:
“I never said most of the things I’ve said.” (2:18)
“A nickel ain’t worth a dime anymore.” (4:20)
“If you don’t know where you’re going, you might end up someplace else.” (5:40)
“When you come to a fork in the road, take it.” (7:10)
“The future ain’t what it used to be.” (9:34)
“It’s like déjà vu all over again.” (10:40)
 
For more, visit us online at https://retirementelevatedpodcast.com/ 

The Biggest Retirement Challenge No One Talks About

In this episode, Marc and Sean will discuss a recent CNBC article about a man who ‘un-retired’ at 67 because he was bored and restless. What are the biggest issues people face when they don’t have a plan for retirement? We’ll tell you what we’ve seen and talk about what you can do to avoid that feeling.
Here’s a little of what we discuss in this episode:
The issues people usually have with trying to have things to do in retirement. (1:38)
The regret category where people miss what they were doing. (3:12)
Being active is important for mental health. (4:50)
Feeling like you’ve lost your identity. (6:45)
Using a Venn Diagram to help you organize what’s most important.  (7:59)
 
Read the CNBC article:
https://www.cnbc.com/2022/06/15/67-year-old-who-unretired-at-62-shares-the-biggest-retirement-challenge-that-no-one-talks-about.html 
 
For more, visit us online at https://retirementelevatedpodcast.com/