Guarding Your Nest Egg

Mike and Kristen start out discussing the different ways high prices are impacting their personal spending habits. With high inflation and interest rates rising, some strategists are suggesting that investing in bonds is a good idea. However, Mike points out why that may not be the case for you. As a fee-only fiduciary financial advisor, he explains why he’s looking into alternative investme...

This week, you may be surprised to learn that many of us might have been brushing our teeth wrong our entire lives while Mike’s 5-year-old son has been ahead of the curve. As a fiduciary financial advisor, Mike takes this opportunity to clear up some misnomers about investing and retirement. Then we discuss cryptocurrency and the possibility of our nation developing a digital currency, and h...

Before Mike addresses vital financial topics of the week that could impact your portfolio, he shares some GOOD NEWS that will brighten your day! He then discusses how the war in Ukraine will impact our personal economy in both the short term and long term... Outside of record-high gas prices. He also explains the difference between investment management and financial planning, and why both are key...

Mike has a question for you this week: Has your portfolio done well in the last few years because of active management, or because it was on cruise control? Whether you’re a DIY investor or have a financial advisor, listen to find out why that question is key in today's economic climate. He also sheds light on why the Russia-Ukraine war isn’t the only issue to consider when it comes to...

While headlines intensify, some Americans are worried about what could happen with geopolitical tensions after the Olympics are over. Mike explains what investors should take a step back and consider regarding their retirement portfolios. Also, inflation is no longer just a pain point, it’s become the voting issue for midterm elections. Since Washington isn’t great at fixing problems a...

Investors are concerned more instability could be lingering on Wall Street throughout 2022, especially with the concerns about Russia and Ukraine. Mike describes how he recently helped someone plan for these unknowns and more by educating them on how to take charge of the target date funds inside their workplace retirement accounts. Whether you have a 401(k), 403(B), or other investments, listen t...

After discussing what a new survey revealed about a common cooking ingredient possibly increasing longevity, Mike explains how the labor shortage combined with the surge of baby boomers retiring could impact the economy of our nation and investment portfolio . He also addresses the volatility were experiencing, rising healthcare costs, and what to consider if you feel your advisor isn’t righ...

This week, Mike shares what prompted him to become an independent financial advisor and start Talon Wealth Management and the Guarding Your Nest Egg show. Plus, we explore the 3 signs that suggest someone is ready to retire and what that means for you and your family. See omnystudio.com/listener for privacy information. See omnystudio.com/listener for privacy information.

For years Americans have been very focused on becoming millionaires by the time we retire. On this episode, Mike explains how that achievement is more common than the media portrays. Plus, many investors have cash on the sidelines in early 2022 for various reasons: The market is at or near all-time highs, the Fed is discussing raising interest rates this year, and inflation doesn’t seem to b...

After some family chat about Mike’s kids, he unpacks what investors should know about Biden’s latest Build Back Better proposal… Mainly how the top marginal capital gains tax rate could reach 31.8%, the highest rate since the 70’s. Thankfully nothing is final yet, but Mike shares tips about how to be as efficient as possible with the taxes you’ll be paying on your fu...

December has been a little unsteady on Wall Street and many want to capitalize on the market dips. On this episode, Mike boils down how some indicators are reminiscent of 2007 and what investors need to consider. Plus, he explains how to prepare for possible volatility in the new year, along with continued inflation and the unknowns of Biden’s tax plan. He then reflects on the joy he feels a...

Remember the late 80’s campaign “This is Your Brain on Drugs?” 🍳 This week Mike discusses the current reality of our “brain on inflation.” He also explains why he believes 2022 is on track for an economic pullback, and possibly a recession if we don’t see a catalyst for continued growth soon. He simplifies what you should be doing to prepare when all the bubble...

This week Mike shares tips about what you and your family should to consider regarding your investments and the volatility he’s concerned about next year, along with capital gains taxes and the future of your taxes in retirement. Mike also sheds light on how the vaccine mandate is impacting the jobs of many baby boomers, and the choices about your 401(k) and workplace retirement accounts you...

Stores are crowded with people that have a plan to find the best deals on Black Friday and throughout the Christmas season. Mike reveals the financial difference it could it make if someone took similar time and effort to evaluate the fees & taxes inside their portfolio. And for a few years there’s been a “sale” of sorts on tax rates. Mike explains what to keep in mind based...

After we share what Mike and some of our listeners are grateful for, we discuss how the Thanksgiving turkey, pies and sides are expected to cost more compared to last year. Find out Mike’s insight as to whether this is an isolated price spike due to the supply chain problems, or if we need to prepare for more inflation in 2022. Plus, as 2021 winds down, Mike shares year-end moves to consider...

If Wall Street doing so well for so long makes you happy and nervous all at once, this episode is a must listen. Mike explores if these ongoing highs are happening for the right reasons, and what to consider if you’re currently lacking investing confidence. We also discuss the current pain at the pump, and what to consider concerning commodities and your portfolio. Plus, how Mike is helping...

After discussing how one business has found an interesting way to motivate teenagers to excel in school and help the labor shortage, we focus on cryptocurrency and trying to control the natural emotions of investing in general. Plus, Mike explains how better uncover if your investment fees are appropriate for what you’re receiving. See omnystudio.com/listener for privacy information. See omn...

Mike isn’t “woke,” but some economists are concerned that “wokeness” is negatively impacting our economy. If that worries you too, listen as Mike highlights what to keep in mind regarding inflation, the market, and ongoing supply and demand concerns. It’s not just about today’s impact. You need to know how these issues can affect your bottom line in the fu...

After Mike’s 9-year-old fills us in about a rare penny that could be worth $20,000, Mike explains how and why deflation could be the next risk investors face. Plus, with William Shatner at age 90 becoming the oldest person to “gaze into the final frontier” on Blue Origin’s space flight, Mike tells a fascinating story about how one of his clients is doing to push his own lim...

As the holiday season approaches, you’ll appreciate Mike sharing his own Christmas Vacation tree moment that happened with his family. Then we uncover why you might be paying more for December decorations this year. Plus, the NFL added a new taunting penalty this season that caught some fans off guard. Mike clarifies why it’s critical that your advisor continuously update you about ong...

There are a few uncomfortable conversations we inevitability face: When we were young, we all dreaded mom and dad explaining the birds and bees. 🦜🐝   But there’s another difficult discussion you need to have with your parents and your own kids… The money talk!   Mike unpacks what to discuss regarding goals, retirement accounts, investments and making sure any financia...

After some lighthearted chat about the latest fake food for sale, Mike gets very real about the most recent economic numbers, volatility and how it could possibly impact our retirement accounts. Considering the similarities between stocks now and the markets of 1999, 2007 and 1929, Mike spotlights what he’s seeing: Disappointing jobs numbers, a real estate bubble, overbought markets and some...

Mike and Kristen discuss how the current news cycle is impacting the financial plans of average investors, by hearing from a few average investors . Find out the bubbles you should be focused on instead of the top headlines, and why. And you may have heard that the current labor shortage has created Americas’ “Great Resignation.” If you’re part of this group and contemplati...

Many Americans are squeezing in one last summer getaway this Labor Day weekend. Whether traveling for fun or business, most of us have asked to check-in early or check-out late of a hotel. It was usually simple. If they could accommodate, they’d happily help you out. Those days could come to an end, because one player in the hotel industry is experimenting with a new tactic: Charging for ear...

Opinions are plentiful in 2021, but this episode is focused on what to consider based on known financial facts. For example, with American household debt increasing, Mike addresses a common question: Should we be debt free before we stop working?  Plus, with so many headlines regarding Afghanistan, COVID and vaccinations… Mike spotlights what people typically say causes them to toss an...