PODCAST · business
Guarding Your Nest Egg
by Talon Wealth
Too many financial salespeople are masquerading as fiduciaries trying to make a dollar off your hard-earned money. We’re on a mission to cut through the noise and provide level-headed, unbiased insights to help you retire better. Our show is unfiltered, unbiased, and real-talk about retirement planning to help you maximize your wealth and lifestyle. Join fee-only fiduciary Mike Lester, along with Kristen Charles to cut through the noise of retirement planning gossip.➡ New Episode Tuesdays.➡ To be notified when we post a new episode:For Apple Podcasts, Spotify, iHeartRadio or whatever platform you prefer, click on the ➕ Follow icon near the top of the page. Mike Lester Kristen Charles © 2023 Talon Wealth. All rights reserved. Mike Lester is an investment adviser representative of Talon Private Wealth, LLC, an SEC-registered investment adviser. Talon Private Wealth and this podcast network are not affiliated. Information presented on this program is believed to be fact
Episodes
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Should I Buy Gold at Costco? 🤔
An unexpected item has made its way into Costco 🛒. Gold bars! Yep. You can now find one-ounce gold bars for sale online at Costco. Mike and Kristen discuss whether or not it’s a wise move to hedge against economic uncertainty and explore the pros and cons of investing in physical gold. The rush…
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BETTER (Not Scarier) Alternatives to Annuities
🎃 After some fall 🍂 and creepy Halloween chat 👻 (courtesy of Mike's kids), we discuss various “safe” money options that may be on your radar, and which might be best for YOU! Retirement planning can feel like a daunting task, especially when the economic landscape seems uncertain. With…
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Why a Roth Conversion Is NOT For Everyone
As we approach retirement, financial decisions become increasingly crucial. One is whether to convert your traditional IRA or 401(k) into a Roth IRA. Based on a recent live event attendee's question, Mike and Kristen discuss the complexities of Roth conversions and help you understand whether…
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How a Written Financial Plan Helps You RETIRE BETTER
Did you know that writing out your goals makes you 42% more likely to achieve them? 🤔 This week Mike explains the significance a written financial plan can have on your future. Whether a physical document or digital, a written plan helps you analyze thoughts, set clear goals, and outline…
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Soaring Mortgage Rates & Your Advisors Role
It’s no secret that mortgage rates have surged to the highest levels they’ve been in more than 20 years. Mike explains the impact this could have on soon-to-be and current retirees AND the role a financial advisor should play in your life if you’re thinking about taking out a loan for a new 🏠 or...
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The Mechanics of Your Retirement Money
This week Mike explains the transition from receiving a regular paycheck from your job to begin tapping into your retirement accounts like 401(k)s, IRAs, and pensions when you stop working. Listen to find out how money flows from these accounts to your bank, what role taxes play, and if you can...
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The Areas a Financial Advisor Should Bring Value (Besides The Obvious)
If you’re paying a financial advisor a fee to manage your money, what else should they be able to help you with? Mike shares his ✅-list based on the countless questions he’s been asked about investing and retirement in general during the last 2-plus decades as an advisor. 🚨Spoiler alert: Income...
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Finding The Right Financial Advisor & Not a Crook
After Mike straightens Kristen out on a “fun fact” that he thinks is a “false fact” about the summer heat ☀️, we discuss a concern many Americans ponder: ❓How do we make sure we’re not going to be taken advantage of when it comes to our money for retirement? After Bernie Madoff became a household...
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The “Talonomics” of “Bidenomics” & Your Money
This week Mike’s degree in economics from 🐊The University of Florida and being a fiduciary pay off, because some of the “nomics” we’re hearing don’t make sense. If you’ve been scratching your head lately about America's numbers, wall street, and things just feeling off… It’s not just you. Mike...
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“Deal Days” 📦 Marketing vs. Real Value
Regardless of the tax bracket, many Americans seek ways to save money and not pay full price. Made-up marketing holidays such as Amazon Prime Day 📦 on July 11th & 12th (along with competitors such as Walmart, Best Buy, and Target following suit in some fashion) seem to make that desire to save...
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Summer 2023 Stock Market Sustainability
After a reasonably strong first half of the year on wall street and decent economic data... Does this mean "Bidenomics" is a real thing and working? Mike shares his summer ☀️ outlook. And even though each situation is different, you'll hear an idea to consider for your portfolio if you don’t…
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Managing Market Rallies & Recession Risks
Your workplace retirement plan may look pretty decent right now, and that’s wonderful news! But if you (like Mike) feel the market is likely to not perform as well in the future, listen to find out what options you might possibly have for your 401(k), 403(b), or TSP accounts. This week Mike also...
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Considering Recession Risk & Fixed Rates, What’s The Number To Beat?
The American economy has many perplexed. 🤔 👎 A 3rd bank failed within the last 2 months and consumer confidence is low. 👍 However, unemployment is low, and the stock market is doing pretty well despite the Fed raising interest rates for the 10th time in a row, and inflation still being a key...
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Aloha (Hello or Goodbye?) To A Recessionary Period
🌺 Mike’s family vacation reminds him how lucky he is to help encourage retirees to create new lifetime memories while helping them manage their retirement income and spending. After some family stories, he discusses how the economy is slowing as the fed raises rates, and why it feels odd the...
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Should Precious Metals Be In Your Portfolio AT ALL? And If So, How?
☎ A listener left a voicemail asking if gold and silver coins are a good idea to buy during concerning economic times. Mike gives a very direct answer, along with what he believes investors should consider if they do want to include precious metals as part of their portfolio. Then he accidentally...
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Layoffs Are Expanding. Is It All Biden’s Fault?
Unfortunately, corporate layoffs are ramping up beyond the tech sector. Obviously, this impacts the livelihoods of many Americans, but it’s also making investing more difficult to navigate. Mike passes along ideas to consider, especially if your upside isn’t over 4% and your money is at risk...
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Finding Some Fun & Not Giving into Income Fear
Mike & Kristen revisit the “be, kind rewind” movie era and the different experiences they had. However, they agree that 📼 + 🍕 always made family time perfect! Then we share two different (yet similar) questions the Talon fiduciaries addressed from listeners in recent days about planning for...
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Is Rushing To Gold & Silver a Good Idea?
This week Mike shares a question he hasn’t been asked about money since 2008, along with the personal risks and planning investors should consider during this troubling time for the banking sector. We also dive into new data from Fidelity that shows the number of 401(k) millionaires have fallen....
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The Banking Crisis & Why Mike’s Hacked Off
March has been mind-boggling when it comes to economic updates! 🤯 The sudden failure of Silicon Valley Bank panicked the markets and investors, and Mike “Silver Lining” Lester is here to translate how the banking crisis does and does not impact consumers. March is also a very exciting month for...
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Fish Falling From The Sky & Bulls In Traps
Mike starts this week by sharing how a fish fell out of the sky at his home. 🧐 Oddly, that strange moment matches the tone of our economy during this confusing (and overwhelming for many) financial time. 2023 was off to a good start on wall street, but volatility returned in February, and...
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Managing Market Concerns & Finding Some Fun Along The Way
Are you trying to navigate what’s best for your portfolio during the crazy volatility of the stock market, AND looking back on the losses of 2022? Are you an investor near or in retirement wondering if you should ride this volatility out, or move to cash, a money market account, or an alternative...
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Handling The Stress of Retiring During a Bizarre Economic Time
After sharing a sweet story about one of Talon's clients and Mike’s youngest child, we dial in on the latest financial news and what it means for your portfolio. In fact, a new survey revealed that 4 in 10 Americans are putting retirement off due to challenging economic conditions, and part of…
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Seinfeld Said To NOT Double-Dip a Chip, But Is a Double-Dip Recession Coming?
Mike and Kristen discuss the influx of discount grocery shopping as consumers search for ways to save money in this inflated economy. Then Mike examines if we already experienced a recession last year AND if another is soon approaching, plus how to best prepare for a possible market pullback. He...
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Is What’s Good For The Environment Good For Your 401(k) Too?
Thankfully wall street closed out January with a stellar start! We’ll find out from Mike if this is a signal that we can let our guard down a little regarding our retirement accounts. He also explains the hot-button investment rule change that just happened under the Biden administration called…
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Ex-Pat Retirement Chat
Financial planning is about a lot more than money. This week Mike shares how he’s helped a few clients create personalized financial plans based on their goal of retiring out of the country as an ex-pat for whatever reason. 🌎 The stories are fun! But also a great reminder that your advisor…
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Mike “Silver Lining” Lester’s 2023 Economic Outlook
Mike “Silverling” Lester will help us find the positives in all things financial this week: Inflation is sloooowwwly lowering from its 40-year high while many investors found their portfolios were down about 20% for 2022. And to truly bring inflation down, Jerome Powell says they may have to take...
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Why Mike Doesn’t Like Annuities... But Has He EVER Sold One?
Recession fears are growing, and new layoff announcements and Wall Street’s volatility aren’t helping ease the angst of investors. Mike’s shares his perspective on various alternative investments you may want to learn more about. And if you've listened before, you’re likely aware that Mike isn’t…
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What We’re Eying in 2023 Including Changes to RMDs… But NOT Annuities
Mike takes a look back at Wall Street in 2022 and shares what he’s eying for clients this year considering recession concerns. If you aren’t familiar with I Bonds, you’ll hear the pros and cons of how they could possibly be a helpful option to help fight inflation… But NOT annuities. Kristen also...
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Christmas Fun & The “Earnings Forecast on the Shelf” for 2023
To celebrate this Christmas season, we learn about the Elf on the Shelf in Mike's home along with his youngest son losing his 2 front teeth at the perfect time. Plus, Kristen tries to stump Mike with some fun Christmas trivia later in the show! But since the Fed ticked up interest rates again,...
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Being Thankful & Finding Value
As we embrace the holiday season, we’ll remind you to save a place at the Thanksgiving table for someone you may not have been planning for… Inflation gobbling up part of your budget! Mike goes through the numbers and explains how this isn’t simply annoying. It impacts the big picture of our...
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When Should You Hire or Fire an Advisor?
After highlighting one of our Talon Wealth team members' skills, we share how one listener recently reached out for a second opinion because he’s concerned about his portfolio being down lower than he'd like. But he's conflicted about what to do because he really likes who his advisor is. Mike...
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What is a Bear Market Portfolio?
The Fed continues increasing rates to fight inflation, but the latest CPI data shows that we're not much better off than we were in March when the aggressive monetary tightening began. Listen to hear Mike’s opinion as to what he believes the central bank’s goal is now that ISN’T being talked…
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I Like My Advisor But Not My Portfolio’s Performance & Are I Bonds a Good Idea?
Are you frustrated with the performance (or lack thereof) of your investment accounts? This is unfortunately more common than you may realize. That doesn’t mean you should accept being told to just “hang in there.” Plus, we discuss one of the wealthiest men in the world, Jeff Bezos saying it’s…
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Managing Market & Medicare Capitulation
The Fed has obviously been very aggressive with interest rate hikes, and many are concerned about the short & long-term impact this will have on our economy and individual retirement accounts. Mike shares his opinion about the recent wall street swings and the pain the Fed is inflicting with…
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Seeking Safety During a Scary Economic Time
After checking in with a few kids about their Halloween costume plans, we focus on how this fall has been a spooky time for the market. With stocks down an average of 20% and bonds down about 14% for the year, many are unfortunately finding out their portfolio isn’t as diversified as they thought...
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Inflation & Your Portfolios Performance
Mortgage rates recently reached their highest level since July of 2007. Instead of focusing on a 2008 flashback, Mike explains why it’s more important for you (or you and your advisor) to focus on where the economy is likely to go and how the stock market might react. He also dives into how Fed’s...
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Should You Postpone Retirement Because of Volatile Markets?
The Federal Reserve made history by approving its 3rd consecutive 75-basis-point interest rate hike on September 21st, and wall street didn’t take the news well… Neither did many 401(k)’s. Mike talks about why these fluctuating numbers shouldn’t change your lifestyle, especially if you have a...
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Navigating Economic Pullbacks
Historically, September is a rough month on wall street. With recent stock market pullbacks, investors close to and already in retirement have valid concerns about protecting their portfolios. This week Mike spotlights some of the inverse options for income and growth that Talon’s fiduciaries are...
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Doing the Math on Economic Data That Doesn’t Seem to Add Up
With so much heightened economic news on the agenda, Kristen starts this episode with a little fun by revealing the latest endeavor by Snoop Dogg the entrepreneur. Then it’s back to Biden and his latest proposal. This time for his student loan forgiveness program. Mike explains how this adds to…
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Inflation, Interest Rates, Target Date Funds & Your Financial Outlook
After a fun discussion about renting goats to maintain some property, we dial in on what many Americans are concerned about: After a good July, what’s to come for wall street, inflation, interest rates, and our overall economy? Mike weighs in on the Fed’s rate decision, the recession debate, and...
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Does Biden’s Inflation Reduction Act Help Inflation?
Following a conversation about how inflation is impacting the spending behavior of higher-income Americans, Mike walks us through his analysis of President Biden’s Inflation Reduction Act and how it could impact your family. Also, despite July being a good month on wall street, he explains why he...
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Don’t Just "Hang In There" Through The Recession
After chatting about someone breaking the world record for holes-in-one for a good cause, we flashback to when Mike first forecasted that we were already in a recession on his weekly radio show on May 7th of 2022. He also discusses the politicization of redefining the word “recession,” and why…
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Consumer Confidence is Down. But How’s Your Retirement Confidence?
Homebuilders are tapping the brakes and consumer confidence is down overall. Plus, with the administration trying to change the definition of a recession, confidence is declining even further for many. Mike explains why he thinks it is possible that we could have another pullback, and what you…
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Extra Spending & Wall Street Records
This week we discuss the fun way a new retiree is spending her time on screen, and how Mike can ironically relate! Plus, he explains how the significant 2nd quarter drop of copper should be taken into consideration when it comes to your retirement accounts. And with inflation up to 9.1%, the...
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Market Opportunities for Millionaires & The Middle Class
With wall street down and inflation up 9.1% from last year, we’ll discuss why consumers are now likely driving the recession many are predicting. We’ll also reveal what a new survey says about how millionaires are preparing for the possibility of more downturns, and what proactive steps Mike took...
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The Copper Indicator & Your Retirement Money
It’s no secret that the market has been down for the first 6 months of 2022. As we wait on 2nd quarter GDP numbers to confirm if we’re in a recession or not, listen to find out the consumer behaviors that gives Mike reason to believe we may already be in a recession. He also discusses interest...
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Should I go to Cash? And Can I Still Retire This Year?
The market is volatile, and energy prices and interest rates are on the rise. Mike explains why he believes economic issues like this will create a slowdown in our economy. He also addresses a common question we’re hearing from listeners: Is going to cash now a good idea in our current climate?…
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Dealing with Wall Street & Annuity Slingers
Wall Street remains rocky, and many near and in retirement are seeking more conservative investment options. Mike explains how he and his team of fiduciaries have been proactively helping their clients navigate this unsettled time by going to cash months ago (depending on the client’s situation)....
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Be a Maverick During Market Mayhem
After discussing Top Gun: Maverick, Mike explains why now more than ever investors near and in retirement should embrace being a maverick by NOT giving in to generic "hang in there" advice, especially with the most recent stock market plunge. We’ll also discuss how bell-bottom jeans, 70’s style...
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Recession & Bear Market Concerns
Are we heading into a recession? For the first time in over 2 years, the S&P 500 recently entered bear-market territory, and inflation isn’t slowing down. Mike simplifies why he believes we may already be in a recession. He also explains what people near and in retirement need to take into…
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ABOUT THIS SHOW
Too many financial salespeople are masquerading as fiduciaries trying to make a dollar off your hard-earned money. We’re on a mission to cut through the noise and provide level-headed, unbiased insights to help you retire better. Our show is unfiltered, unbiased, and real-talk about retirement planning to help you maximize your wealth and lifestyle. Join fee-only fiduciary Mike Lester, along with Kristen Charles to cut through the noise of retirement planning gossip.➡ New Episode Tuesdays.➡ To be notified when we post a new episode:For Apple Podcasts, Spotify, iHeartRadio or whatever platform you prefer, click on the ➕ Follow icon near the top of the page. Mike Lester Kristen Charles © 2023 Talon Wealth. All rights reserved. Mike Lester is an investment adviser representative of Talon Private Wealth, LLC, an SEC-registered investment adviser. Talon Private Wealth and this podcast network are not affiliated. Information presented on this program is believed to be fact
HOSTED BY
Talon Wealth
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Frequently Asked Questions
How many episodes does Guarding Your Nest Egg have?
Guarding Your Nest Egg currently has 100 episodes available on PodParley. New episodes are automatically indexed when they're published to the podcast feed.
What is Guarding Your Nest Egg about?
Too many financial salespeople are masquerading as fiduciaries trying to make a dollar off your hard-earned money. We’re on a mission to cut through the noise and provide level-headed, unbiased insights to help you retire better. Our show is unfiltered, unbiased, and real-talk about retirement...
How often does Guarding Your Nest Egg release new episodes?
Guarding Your Nest Egg has 100 episodes. Check the episode list to see recent publication dates and frequency.
Where can I listen to Guarding Your Nest Egg?
You can listen to Guarding Your Nest Egg on PodParley by clicking any episode. We provide an embedded audio player for direct listening, and you can also subscribe via your preferred podcast app using the RSS feed.
Who hosts Guarding Your Nest Egg?
Guarding Your Nest Egg is created and hosted by Talon Wealth.
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