Beer & Money Ryan Burklo & Alex Collins

In this conversation, Alex Collins discusses different strategies for funding a child's education. He explores the limitations of 529 plans and suggests alternative methods such as using real estate investments, cash value from life insurance policies, and Roth IRAs. The goal is to provide flexibility and options for funding education while also teaching children important life skills. It is important to work with professionals and consider various factors such as cash flow, liquidity, and taxes.
If you would like to learn more about Quantified Financial Partners, please visit our website https://www.beerandmoney.net
Takeaways
529 plans are a common choice for education funding, but they have limitations and lack flexibility.
Using real estate investments can provide a multi-use dollar and teach children valuable life skills.
Cash value from permanent life insurance policies can be used to fund education.
Roth IRAs can also be used for higher education, but caution is needed and professional advice should be sought.
It is important to consider factors such as cash flow, liquidity, and taxes when planning for education funding.
Chapters
00:00 Introduction and Favorite Beer
01:29 Limitations of 529 Plans
04:44 Using Real Estate Investments
06:21 Utilizing Cash Value from Life Insurance Policies
09:43 Considering Roth IRAs for Higher Education
11:15 Factors to Consider in Education Funding
14:17 Importance of Flexibility and Professional Advice
15:51 Encouragement for Questions and Feedback
16:10 Closing Remarks

In this episode, Ryan Burklo and Alex Collins discuss the concept of net rate of return and its impact on investment portfolios. They explore the real rate of return, inflation, asset allocation, and the importance of balance sheet allocation. The conversation delves into the significance of understanding and combating inflation to achieve long-term financial goals.
Takeaways
Understanding the real rate of return is crucial for evaluating the true performance of an investment portfolio.
Inflation erodes the purchasing power of money, making it essential to combat inflation through strategic asset allocation.
Balance sheet allocation and risk profile play a significant role in achieving a favorable rate of return.
The composition of the portfolio, including promise-based assets and market-based assets, impacts the overall risk and return profile.
The conversation emphasizes the importance of considering the entire balance sheet and not just individual accounts when evaluating investment strategies.
Chapters
00:00 Understanding Net Rate of Return and Inflation Impact
02:51 Strategic Asset Allocation for Combatting Inflation
06:11 The Role of Balance Sheet Allocation in Rate of Return
09:05 Composition of Promise-Based and Market-Based Assets
11:56 Evaluating Investment Strategies Beyond Individual Accounts

In this episode, Ryan Burklo discusses tax brackets and how they work. He explains the difference between marginal and effective tax rates and emphasizes the importance of understanding how taxes work when deciding where to put your money. Burklo provides an example of tax brackets for a married filing jointly tax code and calculates the total tax amount due. He also discusses the implications of different types of accounts, such as qualified accounts and Roth accounts, on taxes. Burklo concludes by highlighting the importance of considering tax strategies for retirement and the difference between growing wealth and distributing wealth in terms of taxation.If you would like to learn more about Quantified Financial Partners, please visit our website www.beerandmoney.net
Takeaways
Understanding tax brackets and how they work is crucial for making informed financial decisions.
Different types of accounts, such as qualified accounts and Roth accounts, have different tax implications.
Considering tax strategies for retirement is important to mitigate tax liabilities.
Growing wealth and distributing wealth have different implications in terms of taxation.
Chapters
00:00 Introduction: Demystifying Tax Brackets
06:39 Choosing the Right Accounts

In this episode, Ryan Burklo discusses the importance of true liquidity in retirement. He explains that while pre-retirement, short-term volatility can be addressed due to a longer time horizon, withdrawals from market-based assets in retirement can compound the effect of market losses and increase the risk of running out of money. Burklo provides an example to illustrate this concern. He suggests setting up a true liquidity fund alongside retirement accounts to have access to funds that are not correlated with the market. Burklo emphasizes the need to set up this fund prior to retirement to manage risks and live a more comfortable life. If you would like to learn more about Quantified Financial Partners, please visit our website www.beerandmoney.net
Takeaways
True liquidity is important in retirement to avoid compounding the effect of market losses and increase the risk of running out of money.
Setting up a true liquidity fund alongside retirement accounts provides access to funds that are not correlated with the market.
It is crucial to set up the true liquidity fund prior to retirement to manage risks and live a more comfortable life.
Having different access to money with different risk profiles gives flexibility in both pre-retirement and retirement.
Chapters
00:00 Introduction: The Importance of True Liquidity in Retirement
04:32 Setting Up a True Liquidity Fund for Retirement

In this episode, Ryan Burklo and Alex Collins discuss the taxation component of net after-tax rate of return. They emphasize the importance of understanding the impact of taxes on investment returns over a long period of time. They use a visual representation to show the difference between gross and net growth of an investment portfolio after taxes. They highlight the significant impact that taxes can have on the final value of assets and the importance of considering taxation when making investment decisions. They also tease the next episode, where they will discuss strategies to increase cash flow in retirement while decreasing taxation.
Takeaways
Understanding the impact of taxes on investment returns is crucial for long-term financial planning.
Taxes can significantly reduce the net growth of an investment portfolio.
Considering taxation when making investment decisions is important to maximize after-tax returns.
Strategies to increase cash flow in retirement while decreasing taxation can have a significant impact on financial well-being.
Chapters
00:00 Introduction: Net After-Tax Rate of Return
02:36 The Importance of Considering Taxes in Investment Returns
06:54 Gross Growth vs. Net Growth: The Impact of Taxes
10:08 Strategies for Maximizing After-Tax Returns
13:02 Teaser: Increasing Cash Flow and Decreasing Taxation in Retirement
14:34 Question of the Day: Strategies for Increasing Cash Flow and Decreasing Taxation

Tyler Graham, a coach for dads with young kids, shares his journey and insights on intentional fatherhood. He started posting on LinkedIn about leadership and non-anxious presence, but found that his posts about fatherhood generated more engagement. Tyler emphasizes the importance of creating a space for dads to talk about the challenges and struggles of fatherhood, as many dads feel alone in navigating these issues. He helps dads prioritize their time and energy by aligning their actions with their values and vision for fatherhood. Tyler introduces the BURN-Untamed framework, which focuses on heat (vision), oxygen (creating space), and fuel (rhythms and systems) to help dads live sustainably and wholeheartedly as fathers. Tyler Graham emphasizes the importance of valuing family time and prioritizing the dinner table. He shares how he and his wife made adjustments and decisions to ensure they have quality time together as a family. They prioritize their family values and align their schedules to make it happen. Tyler also discusses the significance of being on the same page with your spouse and holding each other accountable. He suggests having regular conversations and date nights to stay connected. Tyler encourages dads to start where they are and take small, sustainable steps towards intentional and wholehearted fatherhood. To learn more about Tyler, please visit his website www.burnuntamed.com
If you would like to learn more about Quantified Financial Partners, please visit our website www.beerandmoney.net 
Takeaways
Creating a space for dads to talk about the challenges and struggles of fatherhood is important, as many dads feel alone in navigating these issues.
Aligning actions with values and vision helps dads prioritize their time and energy.
The BURN-Untamed framework (heat, oxygen, fuel) can help dads live sustainably and wholeheartedly as fathers.
Having conversations with your spouse about values and vision for fatherhood is crucial for alignment and creating a strong foundation for intentional fatherhood. Value family time and prioritize the dinner table
Align schedules and make decisions that support family values
Be on the same page with your spouse and hold each other accountable
Have regular conversations and date nights to stay connected
Start where you are and take small, sustainable steps towards intentional fatherhood
Chapters
00:00 Introduction and Background
03:36 The Importance of Talking About Fatherhood
08:33 The Challenges Dads Face
11:19 Aligning Actions with Values and Vision
14:15 The BURN-Untamed Framework
23:00 Aligning Schedules and Making Decisions
24:33 Being on the Same Page with Your Spouse
29:20 Family as a Team
31:16 Regular Conversations and Date Nights
33:59 Taking Small, Sustainable Steps