Ep. 449 | Savers Are Losers: Why the Retirement Model is Broken with Ryan D. Lee

Apr 29

Is your retirement plan setting you up for failure? In this eye-opening episode, financial expert Ryan D Lee reveals the harsh truth about traditional retirement planning and why it's not working for most people. Ryan shares his personal journey of following all the rules, only to watch his retirement accounts get cut in half during the 2008 financial crisis. He explains how the current system is stacked against you and why "savers are losers" in today's economy.

Discover:

Why the traditional retirement plan is failing most people
The biggest risk you face in uncertain economic times
How to determine how much money you really need to retire
Why playing the "average" game won't lead to above-average results
The crucial question you must answer before taking money out of your portfolio

ABOUT Ryan D. Lee

Ryan found himself taking the traditional path. His financial journey was completely normal and by the book. He followed all of the traditional advice: he got a steady job, worked 80 hours a week, did everything he could in order to get the next promotion and climb the corporate ladder. Also he maxed out his 401k contributions and followed every piece of traditional financials advice possible. K All in the hope that one day, he’ll save enough money to get out of the game.

But with every promotion that he got, he felt like he was giving up a part of himself in return. Each new level required more of his time, attention, and dedication while the stress kept piling on. Taking him away from his family and what he truly wanted.

In efforts to escape the corporate rat race, Ryan began educating himself on investmenting – reading books, listening to podcasts, and attending masterminds. Ryan also learned a lot of hard lessons during the crash of “08. Although he was constantly working and sacrificing for in order to build wealth and playing by all the rules, his retirement accounts were cut in half during the financial crisis. Ryan felt “stuck” and although he learned his lessons in a different place than Brad he also felt and had first had losses that traditional financial planning was broken.

After the crash, Ryan dusted himself off and started moving forward again. And this time he started to break all of the rules. He started building a real estate portfolio in 2009 and 2010 when everyone told him he was crazy to do so.

This real estate portfolio, the education, and experience in non traditional investments eventually allowed him to become financially free in under 5 years. Through always moving forward towards his goals he was able to educate himself in a way school didn’t, build his network, and meet like-minded entrepreneurs, including two (Brad & Jimmy) that would help him reach all of his goals and change his life for good.

ABOUT THE BLUEPRINT PODCAST

The Blueprint Podcast is for busy professionals and Household CEOs who care deeply about their families, career, and health. Host Dr. Erik Korem distills cutting edge-science, leadership, and life skills into simple tactics optimized for your busy lifestyle and goals. Dr. Korem interviews scientists, coaches, elite athletes, entrepreneurs, entertainers, and exceptional people to discuss science and practical skills you can implement to become the most healthy, resilient, and impactful version of yourself.

On a mission to equip people to pursue audacious goals, thrive in uncertainty, and live a healthy and fulfilled life, Dr. Erik Korem is a High-Performance pioneer. He introduced sports science and athlete-tracking technologies to collegiate and professional (NFL) football over a decade ago. He has worked with the National Football League, Power-5 NCAA programs, gold-medal Olympians, Nike, and the United States Department of Defense.

Erik is an expert in sleep and stress resilience. He is the Founder and CEO of AIM7, a health and fitness app that unlocks the power of wearables by providing you with daily personalized recommendations to enhance your mind, body, and recovery.