Retire Texas Style!

Hear Steve and Derek dive into an irresistible discussion about Texas-sized appetites, Girl Scout cookies, and how food and savings strategies go hand in hand. Discover how they reminisce about local favorites like Whataburger, Taco Villa, and their love for jalapeno biscuits, and you'll quickly understand the true meaning of enjoying the best things in life. But it's not all foodie talk. Steve an...

You've likely used the stock market to grow your retirement savings, but what happens after retirement? Roger Ibbotson, Emeritus finance professor at Yale University, advises that you should reduce risk during your early retirement years. Traditional bonds, once a go-to option, now face uncertainties due to fluctuating interest rates. So, what's the solution? Annuities. Discover how annuities are...

Steve takes us on a journey through his remarkable career, spanning over three decades. Starting in Amarillo, Texas, Steve's financial expertise has taken him all over the Lone Star State. From Lubbock to Midland, Odessa to Dallas-Fort Worth, and now Austin, Steve has been helping Texans retire in style!  But what sets Steve and the Hoyl Financial Group apart is their commitment to getting to know...

In this episode, we dive into two critical topics affecting your financial future: proposed changes to the tax status of the 401K and strategies to invest wisely in the face of inflation. First up, Steve discusses the proposed tax changes to 401Ks by the Biden administration. The idea of a flat 26% tax credit, regardless of your tax bracket, is causing ripples in the retirement planning world. Ste...

Welcome to "Retire Texas Style," the podcast where your retirement dreams come to life. In this episode, we explore how often people daydream about vacations and financial happiness, discussing the importance of planning for retirement like planning for a dream vacation. Surprisingly, a recent survey found that Americans spend over 109 hours a year, or 18 minutes a day, dreaming about their next g...

Welcome to another episode of Retire Texas Style , the Podcast. Today we dive into the ever-mysterious world of the stock market. Join us in this engaging discussion where we unravel some common misconceptions and explore strategies to secure your financial future. Our conversation kicks off with a thought-provoking statement from economist David Rosenberg, who suggests that trying to decipher the...

In this episode of Retire Texas Style, we discuss the truth about annuities and how to avoid making a retirement mistake. We talk about the different types of annuities, how they work, and the potential benefits and drawbacks. We also discuss some of the common misconceptions about annuities and how to choose the right one for your needs. With over 30 years of experience, Steve shares his insights...

In todays episode, Steve discusses the importance of protecting your retirement income in a recession. He shares strategies for generating guaranteed income, even in a down market. He also talks about the importance of working with a financial advisor who can help you create a personalized retirement income plan. If you're worried about how you'll make ends meet in retirement, this episode is for...

Steve takes a deep into the world of annuities, uncovering the misconceptions and shedding light on the potential benefits of these often misunderstood financial tools. Joined by Cheryl Moore, an annuity advocate, who breaks down the various types of annuities and their unique features. Cheryl emphasizes that the word "annuity" itself can sometimes create unnecessary stigma, but when you look at t...

In this episode of "Retire Texas Style," Steve and Jess dive into the unexpected phenomenon of Barbie's resurgence at the box office. Barbie, the iconic doll, has taken the world by storm with her latest movie, bringing with her not only a dose of nostalgia but also important financial questions. With over 200 careers, Barbie likely has a trail of 401Ks in her wake. Steve discusses the importance...

Join us for a thought-provoking episode of the "Retire Texas Style" podcast as host Steve engages in an insightful conversation with Candace Owens, the prominent American conservative political commentator, author, activist, and television presenter. Candace shares her perspective on the American dream and the values needed to achieve success as a country. She emphasizes the importance of individu...

Discover how becoming a new grandfather can reshape one's financial outlook in this episode of the Hoyl Podcast. Steve reflects on the joys of grandparenthood and shares insights into planning for his grandchild's future, including college funds and legacy planning. Gain valuable insights into retirement planning, asset leverage, and creating a financial foundation for future generations. Join Ste...

The big question on Wall Street continues to be, “Have we seen the bottom?”  One well known economist says “no.”  Nouriel Roubini says anyone who believes that this will be a ‘shallow’ recession is “delusional.”  He says be ready for severe recession, severe debt, and a severe financial crisis.  Now you know why they call him Dr. Doom.  If you are close to retirement, how serious should you take c...

Here are the results of a new study from New York Life:               1- 41% of those who are invested in the stock market said they had reduced their equity allocations in the past six months.               2- 30% of investors in stock, bonds, and other securities made changes to their portfolio in the past six months.               3- 37% have moved more money into cash.   Is moving the cash the...

Once upon a time, the Biden Administration pushed to tax wealthy Americans more on the assets they own (retirement savings, house), rather than just their income.  That idea went nowhere in Congress.  But seven states have now introduced ‘wealth tax bills’ that try to accomplish the same thing.  Isn’t this another example of Congress looking for money and creating ways to tax it?    Then there’s a...

How often do you think about going on vacation?  Is it every day?  A new survey (by OnePoll) found that Americans spend about 18 minutes a day dreaming about being on vacation.  (That’s more than 109 hours a year!)  If they’re spending this amount of time thinking about vacation, how much time would it take for them to create a retirement plan with you, so everyday can feel like a Saturday? Plus,...

We’ve talked before about the benefits of annuities.  They not only provide a guaranteed stream of income in retirement but can also serve as a hedge against inflation, market volatility and running out of money in retirement.  But there are so many different types of annuities.  How do you go about picking the right one?   Call Steve today for your Annuity Stress Test!   See omnystudio.com/listen...

Should we buckle up for another market pullback?  Then, what' s there a difference between someone who moves to safety and someone trying to time the markets?   Hear Steve and Derrick discuss options and strategies that can help you protect and grow your income in NO MATTER what is going on in the market!  Call Steve today for your custom Risk Analysis - STOP THE BLEEDING!        See omnystudio.co...

The list of headwinds to the economy continues to grow.  Inflation, rising interest rates, bank failures, recession, and more. Are we headed for another 2008? Think about this, if you knew that 2008 was going to happen, you probably would have made some moves with your money.  Steve explains how he can help you create a plan where you can be invested in the market, be protected from a potential de...

The stock market continues its roller coaster ride.  Market Analyst Larry McDonald told Fox Business that he sees a 10 to 30% pull back in the next two months.  He says the Fed raising interest rates is hurting in more ways than one. So, our 401(k) is going down and our dollars are buying less.  What is your answer to someone who says, “get me out of the stock market?”  What crazy thing would Amer...

Americans think they’ll need more money to retire.  A new survey (by Northwestern Mutual) shows the new ideal amount is $1.25 million. That’s an increase of 20% over last year.  The same poll also found more than a third have not addressed the possibility of outliving their savings.  Isn’t that a bigger issue than finding the ideal “number?”  Call Steve for your Income Review!  See omnystudio.com/...

Thomas Hoenig was the President of the Kansas City Fed for 10 years.  He tells Fox Business that the deep part of the recession is still in front of us.  What’s your action plan heading into the new year? Hear how Steve can help protect and grow your income and create a market protection plan! Call Steve today for your complimentary Market Protection Plan!  See omnystudio.com/listener for privacy...

If you have a traditional IRA or 401(k), you could run into a HUGE tax problem.  That’s why you hear people converting those funds to an after-tax Roth IRA a little bit at a time before retirement.  Financial author Ed Slott tells the Morningstar financial website that it enables you to take control of your tax planning, but how easy is it to do this?  At what age should someone consider making th...

An article in The Street warns that a lot of people are surprised at how big their tax bill is after they retire.  Why does this happen? And are there any steps we can take to lower that bill? Steve discusses the tax strategies he uses that can help put more money back in your pocket rather than Uncle Sam's! Plus, when you leave that 9-5, what do you do with your 401K?  Call Steve today for your C...

Sometimes a rocky economy is like a football game.  Market volatility, high inflation and the threat of recession can tackle even a good retirement plan and throw it for a huge loss.  So, is there a tool can withstand these threats?  Hear Steve explain how he can give your money purpose, all while protecting and grow your income in retirement - STOP THE FINANCIAL BLEEDING TODAY!  Call Steve today...