Built For Life, Not Just Wealth is the podcast from Ryan Burklo and Alex Collins of Quantified Financial Partners in the Greater Seattle area. Earlier episodes were published as Beer & Money and Holistic Finance.

In this week's episode of Built For Life Not Just Wealth, Ryan Burklo discusses the pitfalls of chasing high investment returns and emphasizes the importance of a flexible, well-structured financial plan that adapts to different market environments. He highlights how experience, timing, and planning are crucial for long-term financial success. Chasing high returns can lead investors to take on unnecessary risk or make decisions based on short-term performance. A flexible plan helps keep long-term goals in focus while allowing adjustments as markets and personal circumstances change.

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

#investmentstrategy

#financialplanning

#riskmanagement

#diversification

#marketcycles

#retirementplanning

#sequenceofreturns

#liquidity

#flexibility

#investingphilosophy

Key Topics

The fallacy of average returns and experience versus averages
The impact of market cycles and timing on investment outcomes
Why the highest expected return isn't always the best choice
The concept of regret risk and emotional decision-making in investing
The importance of a flexible financial plan that adapts to different environments
Diversification's true purpose: reducing dependence on a single outcome
The dangers of chasing performance and abandoning strategies
The role of liquidity, cash flow, and income planning in long-term success
The significance of sequence of returns risk in retirement
Building a resilient balance sheet to withstand market downturns

Chapters

00:00 Investors' focus on maximizing returns is misguided
02:28 Historical asset class performance over different decades
05:40 The problem with chasing the highest expected returns
08:11 Same strategy, different outcomes depending on timing
10:21 Sequence of returns risk and its impact on retirees
12:44 Building flexibility into your financial plan
15:37 Diversification as an acknowledgment of the unknowable future
17:21 Shifting focus from chasing returns to building security
18:26 The role of liquidity, cash flow, and planning in success

Built For Life, Not Just Wealth is the podcast from Ryan Burklo and Alex Collins of Quantified Financial Partners in the Greater Seattle area. Earlier episodes were published as Beer & Money and Holistic Finance.

In today's episode of Built For Life Not Just Wealth, Ryan Burklo explores how our financial beliefs are often unexamined and how questioning these beliefs can lead to better financial decisions and a more fulfilling life. By examining the stories and assumptions that shape our relationship with money, he offers listeners a fresh perspective on building financial confidence. The show encourages thoughtful reflection and practical changes that can support greater freedom, purpose, and peace of mind.

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

#financialbeliefs

#financialplanning

#moneymindset

#financialadvice

#personalfinance

#financialgoals

#financialbehavior

#moneypsychology

Takeaways

Many financial beliefs are accepted without testing their relevance to personal goals.
Good general advice can become a limiting rule if not aligned with individual objectives.
Questioning the purpose behind financial habits can reveal better strategies.
Financial success often requires adapting beliefs as life circumstances change.
A structured set of questions can help clarify and optimize financial beliefs.

Chapters

00:00 Introduction to the power of financial beliefs
02:22 Understanding the problem a financial belief aims to solve
04:22 Aligning financial decisions with personal objectives
07:35 The importance of verifying if beliefs serve your goals
08:17 Encouragement to question underlying financial beliefs
08:44 Closing thoughts and resources

Built For Life, Not Just Wealth is the podcast from Ryan Burklo and Alex Collins of Quantified Financial Partners in the Greater Seattle area. Earlier episodes were published as Beer & Money and Holistic Finance.

In this week's episode of Built For Life Not Just Wealth, Ryan Burklo explores the true cost of work and wealth, emphasizing the importance of time with family over accumulating more wealth. He challenges the "one more year" mindset and offers practical decisions to prioritize presence and life satisfaction. The conversation invites listeners to reconsider what financial success really means and whether their goals align with the life they want to live. By focusing on intentional choices, Ryan shows how people can build a future that values meaningful experiences, relationships, and personal fulfillment.

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

#timewithfamily

#wealthmanagement

#lifebalance

#retirement

#opportunitycost

#financialindependence

#personalfulfillment

#work-lifebalance

#lifesatisfaction

Key Topics

The real opportunity cost of working extra years
How wealth affects time with family
The 'one more year' mindset and its impact
Decisions to buy back time and presence
The importance of defining what 'enough' means
The role of financial plans in allocating time, not just money
The emotional and practical costs of workaholism
Strategies for prioritizing family and life satisfaction

Chapters

00:00 Introduction: The true challenge of wealth and time
02:04 The reliance on cash flow despite having wealth
04:18 The importance of allocating presence, not just money
06:22 The real cost of extra work: two summers with family
08:01 Knowing what 'enough' truly means
08:28 Buying time on purpose: reducing work hours
09:25 Mapping out time with family and its importance
10:15 The fleeting nature of family time and personal reflection
10:45 The importance of presence over inheritance
11:12 Closing thoughts: living intentionally and sharing value