Episodes

In this episode of Beer and Money, hosts Ryan Burklo and Alex Collins announce an exciting rebranding of their podcast to 'Built for Life, Not Just Wealth.' They reflect on the origins of the podcast, which began as a casual lunch-and-learn session at Amazon's Brave Horse restaurant, where they aimed to make discussions about money more approachable and less stressful. Over time, they realized that their conversations have evolved to focus more on how money impacts life, rather than just the num...

In this episode of Beer and Money, Ryan Burklo and Alex Collins discuss the challenges and strategies associated with over-concentrated stock positions, particularly in the context of tech companies and other large firms. They explore the risks of having a significant portion of one's wealth tied to a single stock, the emotional connections that can complicate decision-making, and the importance of coordinated financial planning. The conversation covers various strategies for unwinding concentra...

In this episode of Beer and Money, Ryan Burklo discusses the common misconception of financial progress, particularly among high earners who may feel stressed despite increasing net worth. He emphasizes the importance of building confidence in financial planning, understanding cash flow, and having clarity about one's financial situation. The conversation highlights the need for proactive financial management and the value of working with a financial advisor to navigate uncertainties and optimiz...

In this episode of Beer and Money, Ryan Burklo discusses the complexities of financial planning, emphasizing the ever-changing nature of financial goals due to various life factors. He highlights the psychological barriers that prevent individuals from engaging in financial planning and stresses the importance of understanding personal goals. Ryan outlines the necessity of a comprehensive financial plan that accommodates market volatility and provides peace of mind. He encourages listeners to ta...

In this episode of Beer and Money, Ryan Burklo and Alex Collins discuss the significance of the holiday season as a time for reflection on family, values, and financial planning. They explore the emotional aspects of spending time with loved ones, the expectations that come with hosting, and the importance of having meaningful conversations about legacy and future planning. The hosts encourage listeners to take actionable steps towards what truly matters in their lives, emphasizing that money is...

In this episode of Beer and Money, Ryan Burklo and Alex Collins discuss the complexities of financial planning, emphasizing the importance of organization, prioritization, and clarity in achieving financial goals. They explore common misconceptions clients have about their financial situations and provide a structured framework for effective financial planning. The conversation highlights the need for income protection, cash flow organization, and the automation of financial decisions to ensure ...

In this episode of Beer and Money, Ryan Burklo and Alex Collins discuss the common pitfalls of linear financial planning, emphasizing the importance of understanding personal values and future aspirations. They advocate for a future-first approach to financial planning, which allows individuals to align their financial decisions with their life goals, ultimately leading to a more fulfilling and less stressful financial journey. Check out our website: beerandmoney.net Find us on YouTube: https:/...

In this episode of Beer and Money, Alex Collins discusses how to find a financial advisor, what to look for in an advisor, and the key questions to ask during the selection process. He emphasizes the importance of understanding advisor credentials, the advisor's process, and the value they can bring to clients. The conversation aims to equip listeners with the knowledge needed to make informed decisions when seeking financial advice. Check out our website: beerandmoney.net Find us on YouTube: h...

In this episode of Beer and Money, Ryan Burklo and Alex Collins reflect on the significance of Thanksgiving and the role of money in family life. They discuss the balance between financial success and enjoying the present, emphasizing the importance of intentional choices and shifting mindsets. The conversation highlights how stress can overshadow meaningful experiences, especially during the holiday season, and encourages listeners to build their financial plans around their values and what tru...

In this episode, Ryan Burklo and Alex Collins discuss the intricacies of college planning, focusing on Ryan's personal experience with his daughter touring the University of Arizona. They explore various funding strategies for education, emphasizing the importance of flexibility in financial planning. The conversation also touches on navigating the FAFSA process, the emotional aspects of financial decisions, and the significance of seeking advice from knowledgeable sources. Check out our website...

In this episode of Beer and Money, Ryan Burklo discusses the essential rules and obligations associated with inheriting an IRA. He explains the importance of understanding required minimum distributions (RMDs), the tax implications of withdrawals, and the necessary steps to set up an inherited IRA correctly. The conversation emphasizes the need for strategic financial planning and coordination with tax professionals to ensure compliance and optimize tax outcomes. Check out our website: beerandm...

In this episode of Beer and Money, Ryan Burklo discusses key takeaways from Morgan Housel's book, The Art of Spending Money. He emphasizes the importance of balancing spending and saving, minimizing future regrets, cherishing memories over material possessions, and the value of independent thinking in financial decisions. The conversation encourages listeners to reflect on their financial choices and align them with their personal values. Check out our website: beerandmoney.net Find us on YouTu...

In this episode of Beer & Money, Ryan Burklo discusses the critical aspects of retirement planning, emphasizing the importance of understanding income risks and market volatility. He explores strategies for managing retirement funds, including the necessity of having a diversified approach with different buckets of money to ensure financial stability throughout retirement. The conversation also delves into the real risks of outliving one's money and presents alternative strategies to mitigate th...

In this episode of Beer and Money, Ryan Burklo and Rob Bukacek delve into the intricacies of estate planning, focusing on a sample client with a $4 million estate. They discuss the importance of revocable living trusts, the avoidance of probate, and the management of assets to ensure they are passed on to heirs in a protected manner. The conversation also touches on the implications of spousal trusts, estate taxes, and strategies for safeguarding assets for future generations, emphasizing the ne...

In this episode of Beer and Money, Ryan Burklo and Alex Collins discuss the integration of private equity and alternative assets into 401k plans. They explore the performance of endowments, the nature of private equity and private debt, and the associated risks. The conversation emphasizes the importance of understanding these investment options, the role of 401k plans in holding illiquid assets, and the need for informed decision-making to avoid chasing returns without proper knowledge. Check o...

In this episode of Beer and Money, Ryan Burklo discusses tax loss harvesting, a strategy to reduce taxes by selling investments that have lost value. He explains the mechanics of tax loss harvesting, its benefits, and the importance of working with financial professionals to align tax strategies with personal financial goals. Check out our website: beerandmoney.net Find us on YouTube: https://www.youtube.com/@beerandmoney Subscribe to our newsletter: https://www.quantifiedfinancial.com/subscrib...

In this episode of Beer and Money, Ryan Burklo and Alex Collins discuss the recent interest rate cuts by the Federal Reserve, exploring the implications for savings accounts and debt financing. They emphasize the importance of understanding market-based returns and cash flow when making financial decisions. The conversation also touches on the significance of individualized financial planning and the need for professional guidance in navigating these changes. Check out our website: beerandmoney...

In this episode of Beer and Money, Ryan Burklo discusses essential questions to ask when interviewing financial advisors. He emphasizes the importance of understanding personal goals and finding an advisor who aligns with those goals. The conversation covers key topics such as advisor compensation, services offered, and how to measure success in the client-advisor relationship. Ryan provides actionable insights to help listeners make informed decisions when selecting a financial advisor. #financ...

In this episode of Beer and Money, Ryan Burklo discusses the contrast between small thinking and big thinking in financial planning. He emphasizes the importance of focusing on larger financial goals rather than getting caught up in minor savings habits, such as cutting out small luxuries like Starbucks. By analyzing the impact of lifestyle choices on savings and the power of incremental changes, Ryan illustrates how a small adjustment in spending can lead to significant wealth accumulation over...

In this episode of Beer and Money, Ryan Burklo discusses the financial risks that arise once individuals surpass the seven-figure mark in assets. He emphasizes that contrary to popular belief, reaching this milestone does not simplify financial management; rather, it introduces new complexities and risks. The conversation highlights three main issues: the shift in control from savings to investments, the feeling of being stuck in wealth accumulation, and the dangers of concentrated holdings in i...

In this episode of Beer and Money, Ryan Burklo and Alex Collins discuss the three most common portfolio mistakes they encounter with clients. They emphasize the importance of understanding asset classes, avoiding over-concentration in US large stocks, and ensuring proper diversification to mitigate risks. The conversation highlights the significance of a balanced investment strategy and the need for clients to be aware of their portfolio's composition and associated risks. Check out our website:...

In this episode of "Beer and Money," Ryan Burklo explores why many people feel financially stressed despite having significant retirement savings. He highlights the importance of taxable brokerage accounts in providing financial flexibility and reducing stress. Check out our website: beerandmoney.net For a quick assessment of your current financial life go to: https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo TAKEAWAYS Many individuals feel financially constrained because their savin...

In this episode of Beer and Money, Ryan Burklo and Alex Collins discuss the critical topic of how assets are taxed and the implications for financial planning. They explore the importance of understanding tax brackets, the different types of taxable buckets, and strategies for tax efficiency. The conversation emphasizes the need for tax diversification and the impact of cash flow versus asset shifting on retirement income. The hosts provide insights into how listeners can better prepare for thei...

In this episode of Beer and Money, Ryan Burklo discusses the critical concept of sequence of returns risk and its significant impact on retirement planning. He explains how market fluctuations during the initial years of retirement can affect the longevity of a retirement portfolio. Ryan emphasizes the importance of having a diversified investment strategy to mitigate risks associated with market downturns and ensure financial stability throughout retirement. Check out our website: beerandmoney...