254 episodes

Welcome to Beer and Money, a financial fireside chat for business professionals. We work to simplify your finances so that you can enjoy your life. Your hosts, Ryan Burklo and Alex Collins are financial advisors based out of Seattle, Washington. This material is intended for general public use. By providing this material, we are not undertaking to provide investment advice for any specific individual or situation, or to otherwise act in a fiduciary capacity. Please contact one of our financial professionals for guidance and information specific to your individual situation. Guardian, its subsidiaries, agents and employees do not provide tax, legal or accounting advice. Consult your tax, legal or accounting professional regarding your individual situation. Securities products and advisory services offered through Park Avenues Securities LLC (PAS), member FINRA, SIPC. OSJ 333 N. Indian Hill Blvd, Claremont, CA, 909-399-1100. PAS is a wholly-owned subsidiary of Guardian. Quantified Financial Partners is not an affiliate or subsidiary of PAS or Guardian. Ryan Burklo, AR Insurance License # 15319412, CA Insurance License # 0K24924, Alexander Collins AR Insurance License # 7264699, CA Insurance License # 0H24806. #2022-133647 Exp 02/2024

Visit our website www.QuantifiedFinancial.com

Beer & Money Ryan Burklo & Alex Collins

    • Business
    • 5.0 • 12 Ratings

Welcome to Beer and Money, a financial fireside chat for business professionals. We work to simplify your finances so that you can enjoy your life. Your hosts, Ryan Burklo and Alex Collins are financial advisors based out of Seattle, Washington. This material is intended for general public use. By providing this material, we are not undertaking to provide investment advice for any specific individual or situation, or to otherwise act in a fiduciary capacity. Please contact one of our financial professionals for guidance and information specific to your individual situation. Guardian, its subsidiaries, agents and employees do not provide tax, legal or accounting advice. Consult your tax, legal or accounting professional regarding your individual situation. Securities products and advisory services offered through Park Avenues Securities LLC (PAS), member FINRA, SIPC. OSJ 333 N. Indian Hill Blvd, Claremont, CA, 909-399-1100. PAS is a wholly-owned subsidiary of Guardian. Quantified Financial Partners is not an affiliate or subsidiary of PAS or Guardian. Ryan Burklo, AR Insurance License # 15319412, CA Insurance License # 0K24924, Alexander Collins AR Insurance License # 7264699, CA Insurance License # 0H24806. #2022-133647 Exp 02/2024

Visit our website www.QuantifiedFinancial.com

    Episode 253 - How Will You Be Taxed in Retirement?

    Episode 253 - How Will You Be Taxed in Retirement?

    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

    • 20 min
    Episode 252 - How Do Taxes Work?

    Episode 252 - How Do Taxes Work?

    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

    • 11 min
    Episode 251 - The Importance of True Liquidity in Retirement

    Episode 251 - The Importance of True Liquidity in Retirement

    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

    • 10 min
    Episode 250 - What Is Your Net After Tax Return?

    Episode 250 - What Is Your Net After Tax Return?

    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

    • 17 min
    Episode 249 - Intentional Fatherhood with Tyler Graham

    Episode 249 - Intentional Fatherhood with Tyler Graham

    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

    • 44 min
    Episode 248 - The Importance of Efficient Choices for Future Flexibility

    Episode 248 - The Importance of Efficient Choices for Future Flexibility

    In this episode, Ryan Burklo and Alex Collins discuss the challenge of turning variable assets into a consistent income stream in retirement. They emphasize the importance of making efficient choices today to set oneself up for flexibility in the future. They explore the concept of promised-based assets, such as Social Security and pensions, which provide a steady income stream, and compare them to market-based assets, like stocks and bonds, which can be more volatile. They also discuss the risks of relying solely on market-based assets and the benefits of incorporating promised-based assets into one's retirement plan. The conversation highlights the need to consider the entire picture and balance one's portfolio between market-based and promised-based assets.
    Takeaways
    Making efficient choices today can set you up for more flexibility in retirement.
    Promised-based assets, such as Social Security and pensions, provide a steady income stream.
    Market-based assets, like stocks and bonds, can be more volatile and may not produce consistent income in retirement.
    Balancing your portfolio between market-based and promised-based assets can help mitigate risk and provide more financial security in retirement.
    Chapters
    00:00 Introduction
    06:16 Understanding Single Point of Failure in Retirement Planning
    13:09 Balancing Your Portfolio: Incorporating Promised-Based Assets
    26:30 Question of the Day
     

    • 29 min

Customer Reviews

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12 Ratings

12 Ratings

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Unbiased great information

Listen to Alex on my commute.

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