Stay Wealthy Retirement Podcast

What separates a good investment from a bad one? How do you evaluate different investment options? Why are some very well-known metrics flawed and problematic? I'm answering these questions + sharing a personal story that caused me to change my approach when giving opinions about different asset classes.  WANT MORE RETIREMENT PLANNING TIPS? Join thousands of listeners and subscribe to the Stay Wea...

Last year, I published an episode titled, 5 Reasons Not to Do a Roth Conversion.  The 5 reasons shared were: 1️⃣ - Shadow taxes  2️⃣ - No undo button  3️⃣ - Lack of cash flow to pay the tax bill  4️⃣ - You just don't want to :)  5️⃣ - Future charitable giving goals Today I'm sharing three (more) reasons not to convert + why it might be ok to leave money in your pre-tax IRA. Roth conversions can be...

"Cash is king." But is it a great investment?  Historically, investors have built up dry powder to fund emergencies or survive market downturns. But with cash now yielding close to 5%... ...many investors are viewing cash as a way to make money. Today I'm sharing why cash — even at today's rates — is a bad investment. I'm also sharing how much cash a retirement investor should consider holding. WA...

For the last 53 years, U.S. stocks have significantly outperformed international stocks. (It's not even close.) As a result, many retirement investors are left wondering if they should own this asset class. Today I'm sharing why owning international stocks over the last 5 decades -- despite the disappointing track record -- was actually a smart decision. I'm also sharing why owning international s...

Today I'm joined by Phil Huber, Chief Investment Officer at Savant Wealth Management. Phil joins me to take the other side of the alternative investment debate and shares three big insights: 1.) What exactly defines an "alternative investment" 2.) Why traditional stock/bond portfolios will be challenged in the years ahead 3.) How alternatives can help to reduce risk and improve investment returns...

Today I'm talking about the bond market. Specifically, what it's currently telling us about where the economy might be headed. In fact, we've never seen bond yields sound the recession alarm this loudly. 🚨 But, how reliable is the bond market? What does this "recession warning" mean for retirement savers? And how might the current environment impact investment decisions? I'm answering these quest...

Today we're talking about expectations vs reality. To help, I'm joined by Rubin Miller, founder and CIO of Peltoma Capital. Rubin and I talk about three BIG things:  Why chess players don't make great investors How retirement savers should think about their current and future investment returns What investment assumptions should be used when running retirement planning projections We also talk abo...

Today I'm talking about the current banking crisis. Why? Silicon Valley Bank and Signature Bank were the 2nd and 3rd largest bank failures  in history. In addition to explaining how we got here + why these banks collapsed... ...I'm answering three (3) important questions that retirement investors are asking. If you're ready to understand what this banking debacle means and what to do in response,...

*** More Than Money is officially out!  Click here to grab your copy now . *** (All net proceeds being donated to non-profit organizations dedicated to improving financial literacy and diversity in the profession.)  --- Today I'm sharing my recent conversation with Joe Saul-Sehy from Stacking Benjamins.  Together, Joe and I break down two real-life case studies from my (just released!) book, More...

Today I'm discussing risk. Specifically, a type of risk known as "tail risk." As Morgan Housel puts it, it's the hardest for people to understand... ...and it's the only one that really matters.  If you want to learn what tail risk is, why it's important, and how to mitigate it, today's episode is for you. WANT MORE RETIREMENT PLANNING TIPS? Join thousands of listeners and subscribe to the Stay We...

Today I'm talking about alternative investments. An "alternative" is an asset that doesn't fall into one of the three traditional investment categories (stocks, bonds, and cash). For example, private equity, venture capital, and managed futures. These complex strategies often claim to reduce risk + deliver "uncorrelated" returns.  But do they live up to the hype? Do they provide compelling risk-ad...

Today I'm addressing the January inflation report. In fact, contrary to expectations, inflation increased last month. Specifically, the Consumer Price Index (CPI) jumped 0.5% after increasing by only 0.1% in December.  Why are prices increasing again? Was the report positive or negative? What does this mean for the long-term inflation trend?  I'm answering these questions + we have a special guest...

Today I'm talking about investing and planning for retirement during uncertain times. In fact, I was recently invited to discuss this topic with Caleb Silver, Editor-in-Chief at Investopedia . Caleb hosts the Investopedia Express Podcast and has had conversations with everyone from Ray Dalio & Liz-Ann Sonders to Eli Manning & David Rubenstein. Needless to say, it was an honor to be on his show and...

Today I'm wrapping up our series on Financial Advisors by answering five common questions. Questions such as: How important are professional designations like CFP or CFA? What is the process for firing a financial advisor? Will I incur fees and taxes when transferring investment accounts to another financial institution?  I'm also sharing more about financial coaches + what to do if you are a vict...

Today I'm tackling part four of our series on financial advisors. Specifically, I'm covering three BIG things: What is a fiduciary financial advisor (and should investors work with one) How are 'fee-only' advisors different from 'fee-based' Where can retirement savers search for a financial advisor based on their needs If you want to understand some of the most misunderstood financial terms + lear...

Today I'm sharing the different ways financial advisors charge for their services. In fact, there are FOUR main fee structures you might come across when interviewing advisors... ...and each one can be a disservice to someone. In this episode, I'm covering three important things: What are the four fee structures and their pros & cons Who is (and isn't) a good fit for each service model How much do...

Want to support my upcoming book and help improve financial literacy? To encourage your support, I'm running a "buy one, give one" campaign.  Here's how it works: Pre-order a copy of More Than Money (Kindle or physical copy) before Dec 31. Email a screenshot of your order to book@youstaywealthy.com . I will personally match your order and send you a second copy to gift to someone in your life. All...

Today I'm kicking off a multi-part series on Financial Advisors. (I'm also sharing a BIG announcement with everyone! 🥳)  Here in Part 1, I'm covering three things: What is a financial advisor Why the job title is meaningless What financial advisors do (and don't do) It doesn't matter if you manage your own finances, happily work with a financial advisor, or work with 15 advisors... ..if you want...

Bonds are on track for their worst year in history. In response, retirement investors are concerned (rightfully so) and questioning their bond allocation. To help address those concerns, I'm covering three things today: Why bond yields are NOT moving in lockstep with interest rates set by the Fed How long it takes for bond losses to recover Why retirement savers should maintain exposure to bonds f...

Today I'm talking about state taxes (in retirement!). Specifically, I'm sharing three important facts that often fly under the radar. I'm also clearing up common misconceptions and sharing real-life examples.  If you're ready to learn how state income taxes will impact your bottom line in retirement, this episode is for you. Want more retirement content? Subscribe to the Stay Wealthy e-newsletter!...

Today I'm sharing three retirement and tax planning updates for 2023. Specifically, I'm sharing a summary of important changes to: Social Security payments Social Security taxation Medicare Part B premiums  I'm also sharing key highlights from the highly anticipated Secure Act 2.0 bill + when we might expect it to (finally) pass. If you're wrapping up your year-end planning and starting to think a...

Recent headlines suggest stocks could be flat (or negative!) for the next 10 years.  The technical for this is "lost decade." And these headlines have created more concern for investors who are already on edge . So, what exactly does a lost decade mean for retirement savers? How likely is it that we are going to experience one? If we do, how should investors approach their asset allocation? Those...

Today I'm breaking down the current state of the markets and economy . Specifically, I'm sharing: Why markets are falling (and how we got here) How things could get worse before they get better Four (4) reasons for investors to be optimistic right now If you're feeling worried or concerned and want to learn more about the current downturn, this episode is for you. *** ✏️  Grab the Episode Show Not...

The current yield on a one-year U.S.Treasury bond is 4% . But the yield on a ten-year Treasury bond is only… 3.5% .  Why is this? What does it mean for retirement savers? And how should investors respond? That's what I'm tackling today on the show! *** ✏️  Grab the Episode Show Notes 📬  Subscribe to the Stay Wealthy Newsletter! 📊  Get Your FREE Retirement & Tax Analysis

Have you joined the Stay Wealthy newsletter? No spam. No fluff. Just one retirement/tax planning article each week...written by yours truly. 😊 Sign up for free here .  *** In today's episode, I'm wrapping up our tax-loss harvesting series. Specifically, I'm answering three BIG questions: What if I don't have any capital gains to offset? How to maximize the benefits of tax loss harvesting? How do...