this guy died making Ritchie’s innocence we did bye-bye Paula welcome is access I
we did bye-bye Paula welcome is access I
we did bye-bye Paula welcome is access I think it’s easy if we sit here discuss
think it’s easy if we sit here discuss
think it’s easy if we sit here discuss it a minute to think about $100 hundred
it a minute to think about $100 hundred
it a minute to think about $100 hundred dollars with a lot of money but a
dollars with a lot of money but a
dollars with a lot of money but a hundred dollars invested every month
hundred dollars invested every month
hundred dollars invested every month every month from age 25 to age 65
every month from age 25 to age 65
every month from age 25 to age 65 averaging 12% in a good growth stock
averaging 12% in a good growth stock
averaging 12% in a good growth stock mutual fund Roth IRA is 1 million one
mutual fund Roth IRA is 1 million one
mutual fund Roth IRA is 1 million one hundred and seventy six thousand dollars
hundred and seventy six thousand dollars
hundred and seventy six thousand dollars [Music]
[Music]
[Music] so if you’re listening to this show
and you are under 40 years old and you
and you are under 40 years old and you don’t retire with a million dollars
don’t retire with a million dollars
don’t retire with a million dollars that’s no one’s fault but yours it’s
that’s no one’s fault but yours it’s
that’s no one’s fault but yours it’s your fault in this country if you retire
your fault in this country if you retire
your fault in this country if you retire bro
bro
bro it’s your fault
it’s your fault
it’s your fault because you made a freaking fortune in
because you made a freaking fortune in
because you made a freaking fortune in your working lifetime you work your butt
your working lifetime you work your butt
your working lifetime you work your butt off your whole life and you have nothing
off your whole life and you have nothing
off your whole life and you have nothing to show for it
to show for it
to show for it nothing it’s ridiculous it’s absolutely
nothing it’s ridiculous it’s absolutely
nothing it’s ridiculous it’s absolutely ridiculous America it is way past time
ridiculous America it is way past time
ridiculous America it is way past time for a renaissance in the art of personal
for a renaissance in the art of personal
for a renaissance in the art of personal finance it is way past time for you to
finance it is way past time for you to
finance it is way past time for you to get your freakin act together for every
get your freakin act together for every
get your freakin act together for every one of you listening to not retire a
one of you listening to not retire a
one of you listening to not retire a millionaire is absurd it’s absurd
average household income in America
average household income in America today’s $50,000 if you say 15% of that
today’s $50,000 if you say 15% of that
today’s $50,000 if you say 15% of that that’s seventy five hundred dollars a
that’s seventy five hundred dollars a
that’s seventy five hundred dollars a [Music]
[Music]
[Music] year
if you do that in the decent in your
if you do that in the decent in your 401k with no match into Roth IRAs and
401k with no match into Roth IRAs and
401k with no match into Roth IRAs and the good growth stock mutual funds you
the good growth stock mutual funds you
the good growth stock mutual funds you would retire with around seven and a
would retire with around seven and a
would retire with around seven and a half million dollars if you say fifteen
half million dollars if you say fifteen
half million dollars if you say fifteen percent of your income I agree with your
percent of your income I agree with your
percent of your income I agree with your set of assumptions we’ll shut up unless
set of assumptions we’ll shut up unless
set of assumptions we’ll shut up unless you do something about it because my set
you do something about it because my set
you do something about it because my set of assumptions have made me rich so why
of assumptions have made me rich so why
of assumptions have made me rich so why don’t you use my set of assumptions that
don’t you use my set of assumptions that
don’t you use my set of assumptions that are your set of assumptions because
are your set of assumptions because
are your set of assumptions because you’re sitting on your assumption doing
you’re sitting on your assumption doing
you’re sitting on your assumption doing nothing
time for you get up off your assumption
time for you get up off your assumption and go save some money way past time
and go save some money way past time
and go save some money way past time don’t you think so maybe I’m wrong
don’t you think so maybe I’m wrong
don’t you think so maybe I’m wrong seven and a half million let’s say I’m
seven and a half million let’s say I’m
seven and a half million let’s say I’m half wrong so you end up with three
half wrong so you end up with three
half wrong so you end up with three million bucks shut up
if you bothered to care about your
if you bothered to care about your career you’d be at work ten minutes
career you’d be at work ten minutes
career you’d be at work ten minutes early stay 10 minutes late actually work
early stay 10 minutes late actually work
early stay 10 minutes late actually work while you at work and get off the
while you at work and get off the
while you at work and get off the freakin Facebook I don’t know how you
freakin Facebook I don’t know how you
freakin Facebook I don’t know how you people get anything done between your
people get anything done between your
people get anything done between your Twitter account your Facebook account
Twitter account your Facebook account
Twitter account your Facebook account try working while you’re at work you’ll
try working while you’re at work you’ll
try working while you’re at work you’ll stand out because nobody else does try
stand out because nobody else does try
stand out because nobody else does try working telling the truth and smiling
working telling the truth and smiling
working telling the truth and smiling while you’re at work you’ll get a
while you’re at work you’ll get a
while you’re at work you’ll get a promotion of the month how you stand out
promotion of the month how you stand out
promotion of the month how you stand out from the herd tell the truth smile and
from the herd tell the truth smile and
from the herd tell the truth smile and work while you’re at work
work while you’re at work
work while you’re at work wow what a culture we live in that it’s
wow what a culture we live in that it’s
wow what a culture we live in that it’s that easy to be a big dog you do that
that easy to be a big dog you do that
that easy to be a big dog you do that for 15 years you can change your whole
for 15 years you can change your whole
for 15 years you can change your whole family tree you do it for 15 days people
family tree you do it for 15 days people
family tree you do it for 15 days people start noticing it you do it for 15 weeks
start noticing it you do it for 15 weeks
start noticing it you do it for 15 weeks you’ll be running the whole place are
you’ll be running the whole place are
you’ll be running the whole place are you know what I’m talking about if you
you know what I’m talking about if you
you know what I’m talking about if you take that piece of information I can
take that piece of information I can
take that piece of information I can drop you in the middle of any city lets
drop you in the middle of any city lets
drop you in the middle of any city lets you get any menial job at any little
you get any menial job at any little
you get any menial job at any little stupid thing you do and pretty soon
stupid thing you do and pretty soon
stupid thing you do and pretty soon you’ll be running the place or owning
you’ll be running the place or owning
you’ll be running the place or owning the place just because you’re
the place just because you’re
the place just because you’re intentional you do become what you think
intentional you do become what you think
intentional you do become what you think about father
about father
about father father to care tell your money what
father to care tell your money what
father to care tell your money what today don’t be sitting down and looking
today don’t be sitting down and looking
today don’t be sitting down and looking at your tax return and going we may be
at your tax return and going we may be
at your tax return and going we may be those motors if somebody kill me
those motors if somebody kill me
those motors if somebody kill me weird with when you lost it because you
weird with when you lost it because you
weird with when you lost it because you pissed it away you have no idea what
pissed it away you have no idea what
pissed it away you have no idea what you’re doing
you’re doing
you’re doing you lost as a fall and tall weeds you
you lost as a fall and tall weeds you
you lost as a fall and tall weeds you watch 38 hours of television every week
watch 38 hours of television every week
watch 38 hours of television every week you know exactly who got thrown off the
you know exactly who got thrown off the
you know exactly who got thrown off the island but you don’t know what happened
island but you don’t know what happened
island but you don’t know what happened to your $85,000
to your $85,000
to your $85,000 how’s that for stupid and stupid America
how’s that for stupid and stupid America
how’s that for stupid and stupid America it’s stupid and then sit around and
it’s stupid and then sit around and
it’s stupid and then sit around and whine and act like a victim and act like
whine and act like a victim and act like
whine and act like a victim and act like somebody did something to you nobody did
somebody did something to you nobody did
somebody did something to you nobody did anything to you
anything to you
anything to you roll up your sleeves and be a grown-up
roll up your sleeves and be a grown-up
roll up your sleeves and be a grown-up adults devise a plan and follow it
adults devise a plan and follow it
adults devise a plan and follow it children do what feels good if you will
children do what feels good if you will
children do what feels good if you will bother you can have a fabulous marriage
bother you can have a fabulous marriage
bother you can have a fabulous marriage you can have great kids you can have
you can have great kids you can have
you can have great kids you can have money and a career
[Music]
[Music] which should be the hero we want you to
which should be the hero we want you to
which should be the hero we want you to take life by the horns grab it and shake
take life by the horns grab it and shake
take life by the horns grab it and shake it and make life behave is it going to
it and make life behave is it going to
it and make life behave is it going to be perfect no are you going to run into
be perfect no are you going to run into
be perfect no are you going to run into problems yes are you going to be
problems yes are you going to be
problems yes are you going to be oppressed by fools and people that don’t
oppressed by fools and people that don’t
oppressed by fools and people that don’t agree with you that discriminate against
agree with you that discriminate against
agree with you that discriminate against you yes
you yes
you yes count on it eighty-eight percent of
count on it eighty-eight percent of
count on it eighty-eight percent of America’s millionaires are still first
America’s millionaires are still first
America’s millionaires are still first generation rich and only 1% of them are
generation rich and only 1% of them are
generation rich and only 1% of them are actors athletes and rockstars most of
actors athletes and rockstars most of
actors athletes and rockstars most of them are small business owners they’re
them are small business owners they’re
them are small business owners they’re in sales something like that just poke
in sales something like that just poke
in sales something like that just poke they just decide to live different than
they just decide to live different than
they just decide to live different than normal people who spend everything they
normal people who spend everything they
normal people who spend everything they make and act like they’re in Congress it
make and act like they’re in Congress it
make and act like they’re in Congress it made a decision to live differently now
made a decision to live differently now
made a decision to live differently now you can choose a victim mentality due to
you can choose a victim mentality due to
you can choose a victim mentality due to your liberal politics due to your shame
your liberal politics due to your shame
your liberal politics due to your shame about your position you can choose a
about your position you can choose a
about your position you can choose a victim mentality but I can 100%
victim mentality but I can 100%
victim mentality but I can 100% guarantee that you will not win choosing
guarantee that you will not win choosing
guarantee that you will not win choosing that mentality I want you to choose the
that mentality I want you to choose the
that mentality I want you to choose the hero I want you to choose in in spite of
hero I want you to choose in in spite of
hero I want you to choose in in spite of the obstacles in spite of the people
the obstacles in spite of the people
the obstacles in spite of the people that put you down in spite of the people
that put you down in spite of the people
that put you down in spite of the people that tell you it can’t be done in spite
that tell you it can’t be done in spite
that tell you it can’t be done in spite of your sixth grade teacher or your mean
of your sixth grade teacher or your mean
of your sixth grade teacher or your mean mother-in-law in spite of whoever it is
mother-in-law in spite of whoever it is
mother-in-law in spite of whoever it is go do it anyway
go do it anyway
go do it anyway go win anyway
I was foreclosed on
I was foreclosed on I was sued
I was sued
I was sued I was sued so many times a little guy
I was sued so many times a little guy
I was sued so many times a little guy bringing the lawsuit papers were like on
bringing the lawsuit papers were like on
bringing the lawsuit papers were like on a first-name basis with the old boy I
a first-name basis with the old boy I
a first-name basis with the old boy I mean I was sued and sudent I didn’t just
mean I was sued and sudent I didn’t just
mean I was sued and sudent I didn’t just go down I went down in flames I went
go down I went down in flames I went
go down I went down in flames I went down so the fire was so big it made the
down so the fire was so big it made the
down so the fire was so big it made the newspaper boy wonder child
newspaper boy wonder child
newspaper boy wonder child twenty-something millionaire goes broke
he talked about being shamed and then
he talked about being shamed and then ashamed being humiliated and then being
ashamed being humiliated and then being
ashamed being humiliated and then being humble never been there maybe you didn’t
humble never been there maybe you didn’t
humble never been there maybe you didn’t have to go down that big maybe you
have to go down that big maybe you
have to go down that big maybe you weren’t as stupid as I was you’ve done
weren’t as stupid as I was you’ve done
weren’t as stupid as I was you’ve done some stupid stuff to the question this
some stupid stuff to the question this
some stupid stuff to the question this shows about is what do you do
shows about is what do you do
shows about is what do you do with the mess you made what’s the next
with the mess you made what’s the next
with the mess you made what’s the next chapter in your book are you going to
chapter in your book are you going to
chapter in your book are you going to keep doing the same thing over and over
keep doing the same thing over and over
keep doing the same thing over and over again expect a different result you’re
again expect a different result you’re
again expect a different result you’re going to keep eating like you’re eating
going to keep eating like you’re eating
going to keep eating like you’re eating and expecting your waistline to change
and expecting your waistline to change
and expecting your waistline to change you can keep spending like you’re
you can keep spending like you’re
you can keep spending like you’re spending not communicating with your
spending not communicating with your
spending not communicating with your spouse leasing cars using a stupid
spouse leasing cars using a stupid
spouse leasing cars using a stupid credit card buying whole life policies
credit card buying whole life policies
credit card buying whole life policies and time shows and then scratching your
and time shows and then scratching your
and time shows and then scratching your head wondering why in the richest
head wondering why in the richest
head wondering why in the richest country in the world you’re still
country in the world you’re still
country in the world you’re still freaking bro are you going to keep doing
freaking bro are you going to keep doing
freaking bro are you going to keep doing the same thing over and over again
the same thing over and over again
the same thing over and over again expecting different result
expecting different result
expecting different result the 12-stepper say that’s the definition
the 12-stepper say that’s the definition
the 12-stepper say that’s the definition of insanity you keep doing what you’ve
of insanity you keep doing what you’ve
of insanity you keep doing what you’ve been doing you’re going to keep getting
been doing you’re going to keep getting
been doing you’re going to keep getting what you’ve been getting you plant corn
what you’ve been getting you plant corn
what you’ve been getting you plant corn don’t be shocked corn grows
[Music]
but we live our lives this way and you
but we live our lives this way and you walk around acting like everything’s
walk around acting like everything’s
walk around acting like everything’s okay
okay
okay carrying that purse wearing those shoes
carrying that purse wearing those shoes
carrying that purse wearing those shoes driving that car going on that vacation
driving that car going on that vacation
driving that car going on that vacation and you’re just plain stupid and inside
and you’re just plain stupid and inside
and you’re just plain stupid and inside you know it
you know it
you know it the thing is I’m trying to tell you
the thing is I’m trying to tell you
the thing is I’m trying to tell you you’re not different than anybody else
you’re not different than anybody else
you’re not different than anybody else most people are stupid when it comes to
most people are stupid when it comes to
most people are stupid when it comes to money that’s what most people are broke
money that’s what most people are broke
money that’s what most people are broke they look good they’re driving nice
they look good they’re driving nice
they look good they’re driving nice stuff that they can’t afford they’re
stuff that they can’t afford they’re
stuff that they can’t afford they’re going on vacations they can’t afford
going on vacations they can’t afford
going on vacations they can’t afford we’re living in a place that can’t
we’re living in a place that can’t
we’re living in a place that can’t afford they eat out every freaking night
afford they eat out every freaking night
afford they eat out every freaking night like they don’t have a stove at least
like they don’t have a stove at least
like they don’t have a stove at least learn to use a dad-blame microwave I
learn to use a dad-blame microwave I
learn to use a dad-blame microwave I mean seriously when are you gonna change
mean seriously when are you gonna change
mean seriously when are you gonna change you work your whole life for what an
you work your whole life for what an
you work your whole life for what an illusion a facade why don’t you work
illusion a facade why don’t you work
illusion a facade why don’t you work your life right become wealthy you make
your life right become wealthy you make
your life right become wealthy you make enough money to become wealthy but you
enough money to become wealthy but you
enough money to become wealthy but you got to take stupid out of the equation
got to take stupid out of the equation
got to take stupid out of the equation and you got to take taken it out of the
and you got to take taken it out of the
and you got to take taken it out of the equation
”
Be First to Comment