What does retirement planning have in common with growing a garden? Is the FIRE movement about retiring early actually a goal for which today’s investors should shoot? Ryan Payne and Bob Payne will answer those questions on today’s show. Plus, Frankie stops by to share a client’s story and illustrates how some simple tweaks to their portfolio will like lead to more than a hundred thousand dollars in additional income each year for their retirement plan going forward.Full show notes with links to resources: https://paynecm.com/bebullish/----more---- The Retirement Garden1:00 Bob’s gardening prowessRyan reveals wasn’t necessarily a master gardener in the past. But it doesn’t mean we can delve into the comparisons of gardening and retirement planning.1:34 Plants don’t grow overnightSuppose you decided that you wanted to plant a vegetable garden and enjoy your own home-grown vegetables next week. Obviously, it would be ridiculous to expect to your plants to produce food that quickly.Growing a garden requires some patience, it’s not a process that happens overnight.But with retirement planning, some people struggle with this concept of patience. Too many people feel like they’re behind in their savings as they approach retirement, so they end up taking too much risk to try and make up for lost time.Just like trying to grow a garden in a week—it doesn’t work that way.3:27 Keep away the weeds and the pestsYou can’t stand idly by while rabbits, squirrels or insects help themselves to your growing vegetables. And if you don’t keep the weeds pulled, they’ll take over your garden and choke out your plants.Your retirement savings are also under attack by the weeds and pests of the financial world.Hidden fees are the weeds that can choke out your investments and stunt their growth.Product salesmen who sell you something, make a commission and then never call you again until they want to sell you something else are the pests that just want to sneak in and get a piece of the action then disappear into the forest.Stay vigilant for weeds and pests and don’t let them take over.4:59 You need the right tool for the right taskYour neighbors would laugh at you if they caught you trying to use a water hose to dig a hole, or if they found you watering your plants by scooping tiny amounts of water out of a bucket with a shovel and dumping the water on the plants.But in the financial world, people sometimes use financial tools for equally ridiculous tasks.CDs and money market accounts aren’t the solution for long term investing. Life insurance is good when used as life insurance, but often gets oversold as an investment. Stock index funds are good for long term growth, but not for generating retirement income.Make sure you’re using the right tool for the right job.Retiring Early9:50 The desire to retire early is all the rage right nowPeople need to realize that social security might not be there for the younger generation in the future. You’re also likely to be living a lot longer and retired a lot longer than previous generations.The FIRE (Financial Independence Retire Early) Movement is what’s driving this recent trend to try to retire much earlier than traditional expectations.11:50 A lot of people have overlooked the healthcare implicationsIf we’re going to be living longer it also means we’re going to have healthcare needs for more and more ailments we’re going to be exposed to.13:00 People who work longer are often happierFolks who just call it quits and live a sedentary retirement lifestyle don’t live as long as those who work longer, stay engaged mentally and physically, and have a plan for how they’re going to spend their time in retirement. If you’re going to retire at 40, are you going to be able to stimulate your mind effectively for the next 50-60 years?The Spotlight18:10 Payne CM financial advisor Frankie breaks down a client’s portfolioClients had a #1 goal of getting a moderate return and living comfortably throughout retirement. They d