In this episode of Built For Life Not Just Wealth, Ryan Burklo provides an insightful discussion on retirement readiness by examining a sample client's financial situation to determine their potential to retire within the next five years. Ryan delves into crucial financial metrics that are essential for evaluating retirement plans. He also highlights various risk factors that could impact financial stability and shares effective planning strategies. These elements are aimed at equipping listeners with the tools and knowledge necessary to evaluate their own retirement prospects and make informed decisions about their financial future.

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Ryan Burklo's LinkedIn profile: https://www.linkedin.com/in/ryanburklo/

Alex Collin's LinkedIn profile: https://www.linkedin.com/in/alexandercollins/

For a quick assessment of your current financial life go to: https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo

#BuiltForLifeNotJustWealth

#retirementplanning

#financialindependence

#retirementcalculator

#wealthmanagement

#financialadvice

#retirementreadiness

#investmentstrategy

Takeaways

A detailed look at a sample client's balance sheet reveals key insights into retirement readiness.
The 4% rule is a common guideline for sustainable withdrawal rates in retirement.
Social Security can significantly impact retirement income planning.
Market variability and sequence of return risk are critical considerations for retirees.
Holistic planning includes taxes, estate planning, liquidity, and protection strategies.

Chapters

00:00 Introduction to Retirement Planning
01:24 Analyzing a Sample Client's Financial Situation
05:46 Understanding Income Streams and Retirement Readiness
09:00 The Importance of a Financial Scorecard

In this episode of Built For Life Not Just Wealth, Ryan Burklo delves into the multifaceted framework of wealth, highlighting the importance of not just investments, but also the critical roles of income, purpose, and strategic planning. In this episode, listeners will discover how to effectively align their financial lives with their personal values and long-term goals. By understanding and implementing these principles, you can achieve lasting success and financial well-being. Ryan provides insights and practical advice on how to navigate the complexities of wealth management, ensuring that your financial strategies are both purposeful and aligned with what truly matters to you.

Check out our website: https://www.builtforlifenotjustwealth.com/

Find us on YouTube: https://www.youtube.com/@builtforlifenotjustwealth/

Subscribe to our newsletter: https://www.quantifiedfinancial.com/subscribe-now

Check out our Instagram: https://www.instagram.com/ryanburklofinance?igsh=ZTJzN3Jnajd5M2Mw

Ryan Burklo's LinkedIn profile: https://www.linkedin.com/in/ryanburklo/

Alex Collin's LinkedIn profile: https://www.linkedin.com/in/alexandercollins/

For a quick assessment of your current financial life go to: https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo

#BuiltForLifeNotJustWealth

#wealth

#income

#financialplanning

#purpose

#protection

#investment

#legacy

#retirement

#financialresilience

Key Topics

The role of income and purpose in wealth building
The four acts of money: spend, save, invest, donate
Protection strategies for income stability
Wealth creation and the power of discipline and stability
Retirement planning and managing sequence of return risk

Chapters

00:00 The Financial Landscape: Income vs. Wealth
02:51 The Four Acts of Money: Spending, Saving, Investing, Donating
05:41 Wealth Creation: Stability and Discipline in Income
08:41 Protecting Your Income: The Importance of Financial Resilience
09:41 Wealth Distribution: Turning Assets into Income
10:50 Legacy Planning: Directing Your Wealth

In this episode of Built For Life Not Just Wealth, Ryan Burklo delves into the pervasive impact of the modern world's relentless noise on various aspects of our lives, including mental health, relationships, and financial stability. He offers personal insights and experiences on how to navigate the challenges of information overload and social comparison. Additionally, Ryan emphasizes the importance of maintaining focus through intentional living and incorporating physical activity into daily routines as a means to counteract these pressures.

Check out our website: https://www.builtforlifenotjustwealth.com/

Find us on YouTube: https://www.youtube.com/@builtforlifenotjustwealth/

Subscribe to our newsletter: https://www.quantifiedfinancial.com/subscribe-now

Check out our Instagram: https://www.instagram.com/ryanburklofinance?igsh=ZTJzN3Jnajd5M2Mw

Ryan Burklo's LinkedIn profile: https://www.linkedin.com/in/ryanburklo/

Alex Collin's LinkedIn profile: https://www.linkedin.com/in/alexandercollins/

For a quick assessment of your current financial life go to: https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo

#BuiltForLifeNotJustWealth

#mentalhealth

#informationoverload

#socialmedia

#financialplanning

#intentionalliving

#resilience

#physicalhealth

#stressmanagement

Takeaways

Limit notifications to reduce stress and distraction
Use walks and physical activity to foster meaningful conversations
Create filters to avoid drowning in modern life's noise
Align your life with your values and desired future

Chapters

00:00 The Importance of Quality Thoughts
04:12 Navigating Information Overload
11:13 Building a Life of Intentionality

In this episode of Built For Life Not Just Wealth, Ryan Burklo presents five essential tests that serve as a comprehensive guide to evaluating your financial success. These tests focus on key areas such as control, protection, freedom, alignment, and liquidity. By understanding and applying these principles, you can effectively assess your financial health and ensure it aligns with your broader life goals. This approach not only helps in identifying areas of improvement but also empowers you to make informed decisions that support your long-term aspirations.

Check out our website: https://www.builtforlifenotjustwealth.com/

Find us on YouTube: https://www.youtube.com/@builtforlifenotjustwealth/

Subscribe to our newsletter: https://www.quantifiedfinancial.com/subscribe-now

Check out our Instagram: https://www.instagram.com/ryanburklofinance?igsh=ZTJzN3Jnajd5M2Mw

Ryan Burklo's LinkedIn profile: https://www.linkedin.com/in/ryanburklo/

Alex Collin's LinkedIn profile: https://www.linkedin.com/in/alexandercollins/

For a quick assessment of your current financial life go to: https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo

Episodes mentioned by Ryan in this episode:

Episode 275 - The Power of a Wealth Building Account: https://www.youtube.com/watch?v=wfn6tE4AEXg

Episode 261 - The Impact of Inadequate Life Insurance: https://www.youtube.com/watch?v=ioBRIastBDU

Episode 262 - 15 Minutes To Save You Millions Instead Of 15%: https://www.youtube.com/watch?v=NfWtdXwyOLA

Episode 337 - Crafting a Future That Shapes Today: https://www.youtube.com/watch?v=ly2dvx3OhaY

Episode 339 - Why Discipline Isn't the Problem - Alignment Is: https://www.youtube.com/watch?v=OZq7z4orwuE

Episode 342- True Liquidity: The Backstop to the Balance Sheet: https://www.youtube.com/watch?v=1aLTFVKcdLA

#BuiltForLifeNotJustWealth

#financialsuccess

#cashflow

#incomeprotection

#freedomtimeline

#financialalignment

#liquidity

#financialplanning

#resilience

#wealthbuilding

Takeaways

Control your cash flow to build wealth in the margin
Protect your income against disruptions like job loss or lawsuits
Create a freedom timeline with accessible income for optionality
Ensure your money reflects your life priorities and values
Build structural resilience with diversified buckets and legal protections

Chapters

00:00 Redefining Financial Success
02:57 The Five Tests of Financial Success

In this episode of Built For Life Not Just Wealth, Ryan Burklo and Alex Collins explore the concept of the 'invisible guest' in decision-making, especially around finances, and how subconscious influences shape our financial behaviors. They discuss how to identify these influences, align your values, and create a financial plan that reflects your true desires.

Check out our website: https://www.builtforlifenotjustwealth.com/

Find us on YouTube: https://www.youtube.com/@builtforlifenotjustwealth/

Subscribe to our newsletter: https://www.quantifiedfinancial.com/subscribe-now

Check out our Instagram: https://www.instagram.com/ryanburklofinance?igsh=ZTJzN3Jnajd5M2Mw

Ryan Burklo's LinkedIn profile: https://www.linkedin.com/in/ryanburklo/

Alex Collin's LinkedIn profile: https://www.linkedin.com/in/alexandercollins/

For a quick assessment of your current financial life go to: https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo

#BuiltForLifeNotJustWealth

#financialplanning

#invisibleguesttheory

#subconsciousinfluences

#retirement

#moneymindset

#values

#financialdecision-making

#behavioralfinance

#lifevision

#emotionalinfluences

Takeaways

Many high-net-worth individuals feel uneasy despite financial success
Our childhood and experiences program our money beliefs
Identifying the 'invisible guest' helps in making better financial decisions
Aligning your financial plan with your core values reduces stress and increases satisfaction
Understanding the emotional influences on money can lead to more freedom and flexibility in life

Chapters

00:00 Understanding Financial Unease
05:45 Money Mindsets and Their Origins
11:49 Identifying the Invisible Guest
17:52 Taking Action: Steps to Financial Clarity

In this episode of Built For Life Not Just Wealth, Ryan Burklo explores how unconscious language shapes our financial decisions and life outcomes. He emphasizes the importance of becoming aware of quiet scripts we tell ourselves, such as 'I don't have time' or 'It's not the right time,' and how these beliefs influence our behavior and future. Practical exercises and conscious awareness are key to transforming these scripts and living a more intentional life.

Check out our website: https://www.builtforlifenotjustwealth.com/

Find us on YouTube: https://www.youtube.com/@builtforlifenotjustwealth/

Subscribe to our newsletter: https://www.quantifiedfinancial.com/subscribe-now

Check out our Instagram: https://www.instagram.com/ryanburklofinance?igsh=ZTJzN3Jnajd5M2Mw

Ryan Burklo's LinkedIn profile: https://www.linkedin.com/in/ryanburklo/

Alex Collin's LinkedIn profile: https://www.linkedin.com/in/alexandercollins/

For a quick assessment of your current financial life go to: https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo

#BuiltForLifeNotJustWealth

#self-awareness

#language

#financialplanning

#mindset

#personaldevelopment

#unconsciousscripts

#habits

#decision-making

#lifecoaching

Key Topics

The impact of unconscious language on decision-making
Common limiting beliefs like 'I don't have time' or 'It's not the right time'
Practical exercises to increase self-awareness and change scripts
The role of identity and language in shaping financial habits
The importance of conscious communication for personal and financial growth

Chapters

00:00 Unconscious Scripts and Their Impact
05:49 Identity and Self-Perception

In this episode of Built For Life, Not Just Wealth, Ryan Burklo delves into the application of Schopenhauer's philosophy to wealth-building and achieving a fulfilled life. He presents six actionable steps designed to transform your mindset: detach from the perpetual cycle of desires and concentrate on goals that truly matter. This approach not only aligns financial growth with personal values but also emphasizes the importance of intentional living and reducing unnecessary suffering.

Check out our website: https://www.builtforlifenotjustwealth.com/

Find us on YouTube: https://www.youtube.com/@builtforlifenotjustwealth/

Subscribe to our newsletter: https://www.quantifiedfinancial.com/subscribe-now

Check out our Instagram: https://www.instagram.com/ryanburklofinance?igsh=ZTJzN3Jnajd5M2Mw

Ryan Burklo's LinkedIn profile: https://www.linkedin.com/in/ryanburklo/

Alex Collin's LinkedIn profile: https://www.linkedin.com/in/alexandercollins/

For a quick assessment of your current financial life go to: https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo

#BuiltForLifeNotJustWealth

#Wealth

#Philosophy

#Schopenhauer

#Mindset

#Personaldevelopment

#Financialplanning

#Stressreduction

#lifegoals

Takeaways

Understanding Schopenhauer's concept of the insatiable will helps reframe wealth as a tool, not an end.
Setting finite goals and detaching from endless desires reduces stress and increases fulfillment.
Using nature and hobbies as a way to recharge and gain perspective.
Practicing compassion in financial decisions aligns wealth with personal values.
Automating and cutting non-essential expenses frees up resources for what truly matters.
Regularly reviewing your big picture keeps you aligned with your core values.
Guarding your mind from negativity and distraction is crucial for mental clarity and focus.
Building wealth deliberately involves minimizing unnecessary stress and suffering.
Applying philosophical insights can lead to a more intentional and satisfying life.

Chapters

00:00 The Quest for Meaning in Wealth
05:40 Setting Finite Goals and Finding Balance

In this episode of Built For Life, Not Just Wealth, Ryan Burklo explores the critical connection between your financial structure and your personal freedom. Discover how misalignment can quietly undermine your goals—and learn practical ways to align your money with the life you truly want.

Check out our website: https://www.builtforlifenotjustwealth.com/

Find us on YouTube: https://www.youtube.com/@builtforlifenotjustwealth/

Subscribe to our newsletter: https://www.quantifiedfinancial.com/subscribe-now

Check out our Instagram: https://www.instagram.com/ryanburklofinance?igsh=ZTJzN3Jnajd5M2Mw

Ryan Burklo's LinkedIn profile: https://www.linkedin.com/in/ryanburklo/

Alex Collin's LinkedIn profile: https://www.linkedin.com/in/alexandercollins/

For a quick assessment of your current financial life go to: https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo

#BuiltForLifeNotJustWealth

#financialalignment

#lifegoals

#wealthmanagement

#stressreduction

#financialplanning

#lifestyledesign

KEY TOPICS

The impact of financial structure on life goals
How spending habits affect financial freedom
The role of intentional financial planning
The concept of compound effects in life and finance

Chapters

00:00 The Quest for Freedom and Alignment
02:53 Understanding Compounding: Positive and Negative Effects
05:49 Aligning Cash Flow with Life Goals
08:57 The Importance of Intentional Living