Stay Wealthy San Diego

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.

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 about "risk-free" investments, the hidden dangers of an investor's time horizon, and growth vs value stocks. If you want to learn how to be a successful investor + how we can use evidence to make informed retirement planning decisions, today’s episode is for you. WANT MORE RETIREMENT PLANNING TIPS? Join thousands of listeners and subscribe to the Stay Wealthy Retirement Newsletter. As a thank you, you'll receive a copy of my 2023 Tax Planning Cheatsheet.

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, today's episode is for you! WANT MORE RETIREMENT PLANNING TIPS? Join 2,000+ retirement savers and subscribe to the Stay Wealthy Retirement Newsletter. As a thank you, you'll receive a copy of my 2023 Tax Planning Cheatsheet.

*** 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 Than Money. We cover: Why the "making work optional" exercise is so empowering  How to have constructive money conversations How a widow overcame the newfound challenge of managing the finances We also talk about retirement planning misconceptions, how my wife and I track our expenses (

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 Wealthy Retirement Newsletter. As a thank you, you'll receive a copy of my 2023 Tax Planning Cheatsheet.

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-adjusted returns?  Should retirement savers include alternative investments in their portfolio?  I'm answering those questions (and more) in this episode. WANT MORE RETIREMENT PLANNING TIPS? Join thousands of listeners and subscribe to the Stay Wealthy Retirement Newsletter. As a thank you, you'll receive a copy of my 2023 Tax Planning Cheatsheet.

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 that drops by to share his thoughts. WANT MORE RETIREMENT PLANNING TIPS? Join thousands of listeners and subscribe to the Stay Wealthy Retirement Newsletter. As a thank you, you'll receive a copy of my 2023 Tax Planning Cheatsheet.

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 share: How to build a plan for your cash and why it’s so important What mistakes investors should watch out for in today’s choppy markets How to create a tax-efficient withdrawal strategy in retirement  I also shared my “hottest” 2023 investing take, my favorite financial term, and what the future of financial planning looks like. WANT MORE RETIREMENT PLANNING TIPS? Join thousands of listeners and subscribe to the Stay Wealthy Retirement Newsletter. As a thank you, you'll receive a copy of my 2023 Tax Planning Cheatsheet.

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 victim of bad financial advice. NEED TAX & RETIREMENT PLANNING HELP? Click to Learn more about our FREE Retirement & Tax Analysis. We help people aged 50+ lower taxes, invest smarter, and (safely) create a retirement paycheck. Our Free Retirement Assessment™ will answer your BIG questions and help you properly evaluate our firm.

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 + learn how to find a qualified advisor, today’s episode is for you. NEED TAX + RETIREMENT PLANNING HELP? Click to Learn more about our FREE Retirement & Tax Analysis We specialize in helping people aged 50+ lower taxes, invest smarter, and (safely) create a retirement paycheck. Our Free Retirement Assessment™ will help you evaluate our firm and others you might be considering.

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 financial advisors typically charge for their services I'm also sharing how retirement savers might think about measuring the value of financial advice. If you're ready for a deep dive into financial advisor fees, you're going to enjoy today's episode.  *** WANT MORE RETIREMENT & TAX PLANNING CONTENT? Join thousands of other listeners and subscribe to the Stay Wealthy e-newsletter! EPISODE RESOURCES: ✏️  Grab the Episode Show Notes

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 net proceeds from the book are being donated to non-profit organizations dedicated to improving financial literacy and access to advice.  Pre-order your copy of More Than Money! *** Today I’m tackling part two of our series on Financial Advisors. Specifically, I’m breaking down the 5 different types of advisors (and who might be a good fit for each type). I’m also sharing some thoughts on paying for financial advice and measuring the value you receive. If you’re ready to continue learning about the world of financial advisors + how to make sense of the different types you can work with, today’s episode is for you.

Today I'm kicking off a multi-part series on Financial Advisors. (I'm also sharing a BIG announcement with everyone!

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 for the long run I'm also sharing the pros & cons of laddering bank CDs as a bond fund alternative. Want more retirement content? Join thousands of other listeners and subscribe to the Stay Wealthy e-newsletter! *** ✏️  Grab the Episode Show Notes

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! *** ✏️  Grab the Episode Show Notes

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 about 2023 and beyond, this episode is for you. Want more retirement content? Subscribe to the Stay Wealthy e-newsletter! *** ✏️  Grab the Episode Show Notes

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 are the questions I'm answering in today's episode!  Want more retirement content? Subscribe to the Stay Wealthy e-newsletter! *** ✏️  Grab the Episode Show Notes

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 Notes

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

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