In this episode, The Annuity Man discussed:

• People who grew up poor see money differently
• The difference is in the perspective
• Checking the background of your advisor
• Your retirement is not a game

Key Takeaways:

• People who experience poverty see money differently and often have a healthy respect for it. It would hurt them personally to see money lost, even when it's another person.
• A person who grew up rich isn't necessarily going to be a bad financial advisor. However, there is a huge difference in perspective. People who grew up poor don't see money as replaceable. Your money should be a big deal for your advisor as it is for you.
• Don't be afraid to ask questions about your advisor's background. It's your money, not theirs, so you've got to ensure that the right people will steward your money.
• Do not let people treat your money and retirement like a game. Have them treat it personally, own it, and feel horrific if something bad goes wrong with your money.

"Financial advice is not a game. The markets are not a game. Your retirement is not a game. Your lifestyle is not a game. Do not let people treat it like a game." — Stan The Annuity Man.

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Email: [email protected]

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