The Money Pig Podcast

In this inspiring episode of The Money Pig Podcast, Tim Goodwin and Joe Beckford welcome special guest Buster Wright to unpack the real value of serving on nonprofit boards—and why it might be one of the most meaningful ways to give back. Drawing from decades of leadership and volunteer experience, Buster explains how board service is about far more than meetings and donations. It is about using your time, talent, and treasure to support causes you care about, build stronger communities, and stay connected to something bigger than yourself. For anyone wondering how to make a difference beyond writing a check, this episode is packed with practical and powerful insight.The conversation also reveals what people often misunderstand about nonprofit board service. Tim, Joe, and Buster discuss how to evaluate whether a board is the right fit, what questions to ask before joining, and why vision, values, and expectations matter so much. From financial giving requirements to personality dynamics in the boardroom, they offer a candid look at what happens behind the scenes—and why the best boards stay anchored to a clear mission. The episode makes a compelling case that board service can deliver an incredible personal return, including wisdom, deeper relationships, leadership growth, and exposure to how strong organizations make decisions.Perhaps the biggest takeaway is how nonprofit board service can become a powerful answer to one of retirement’s biggest challenges: finding purpose after your career ends. Buster shares why people should start volunteering before retirement, not after, so they already have meaningful outlets, relationships, and rhythms in place when work life changes. If you have ever asked yourself how to stay engaged, useful, and fulfilled in the next chapter of life, this episode offers a roadmap. It is a must-listen for professionals, retirees, community leaders, and anyone curious about how serving on a nonprofit board can transform both the organization and the volunteer.https://www.goodwininvestment.com/community-partners/ https://www.goodwininvestment.com/ethos-of-generosity/ https://www.goodwininvestment.com/portfolio-greater-good/ For personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Woodstock, Georgia . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. 

In this episode of The Money Pig Podcast, Tim Goodwin and Joe Beckford break down the brand-new Trump Accounts (also called 530A “Invest in America” accounts)—a potentially game-changing opportunity that could give children a $1,000 government-funded head start on retirement. Created under the One Big Beautiful Bill Act of 2025, these accounts are designed to help families build long-term wealth earlier than ever before. The hosts explain who qualifies, how to claim the free seed money through your tax return, and why parents should act quickly before missing out on one of the biggest new financial planning tools for kids in decades.Tim and Joe also explore how corporations—and even billionaires like Michael Dell—are already committing billions of dollars to help fund these accounts for eligible children. With contribution limits up to $5,000 per year from families and tax-free employer contributions up to $2,500 annually, Trump Accounts could become a powerful alternative (or complement) to traditional college savings plans like 529s. The hosts highlight how these accounts function similarly to traditional IRAs, potentially supporting first-home purchases, education expenses, and long-term retirement growth through low-cost index investments.Most importantly, the episode explains why Trump Accounts could reshape how Americans think about investing by giving millions of children early ownership in the stock market. Instead of waiting until adulthood to learn about retirement planning, future generations may grow up already invested—literally—in their financial future. If you’re a parent, grandparent, or employer wondering whether these accounts are worth opening, this episode outlines exactly how they work and why they could become one of the most important wealth-building tools for families in the coming years. Subscribe, share it, and leave us a review on Apple,  Spotify Like, subscribe, and leave us a review on YouTube if this resonated with you!For personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Woodstock, Georgia . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. 

In this special Fourth of July edition of The Money Pig Podcast, hosts Tim Goodwin and Joe Beckford tackle one of the biggest questions in personal finance: what does financial freedom actually mean—and how close are you to achieving it? Instead of vague buzzwords, they break freedom down into practical terms like peace, independence, generosity, and control over your time, revealing why true wealth isn’t just about your net worth—it’s about having the option to choose how you live and work. Their message is simple but powerful: if more money wouldn’t change your lifestyle choices, you may already be richer than you think. The episode also dives into the fascinating evolution of investing in America—from the Buttonwood Agreement of 1792 to modern tools like 401(k)s, IRAs, Roth accounts, and zero-commission trading apps—showing how financial opportunity has expanded dramatically over the last 250 years. Tim and Joe explain how today’s investors have more access, flexibility, and education than ever before, yet many people still miss out simply because they never start. Their takeaway? The barriers to building wealth are lower than ever—if you’re willing to take the first step. Most importantly, the hosts challenge listeners to rethink retirement itself. Instead of being “put out of service,” financial freedom means working because you want to—not because you have to. Whether you’re early in your career or approaching retirement, they emphasize it’s never too late to build a strategy that lets you travel more, serve others, pursue meaningful work, and live life on your terms. If you’ve ever wondered when you can retire, how to invest smarter, or what freedom with money really looks like, this episode delivers eye-opening perspective you won’t want to miss. https://www.goodwininvestment.com/die-with-zero/The Psychology of Money by Morgan HouselFor personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Woodstock, Georgia . We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. 

In “The Cost of Always Being the Responsible One,” Tim Goodwin and Joe Beckford talk about what it means to be the person everyone depends on. Whether you are the one managing money, planning family events, helping aging parents, or always stepping in during a crisis, being the responsible one in the family can feel both meaningful and exhausting. They describe this person as the “glue” who keeps relationships, logistics, and often finances together, even when no one else seems to notice how much they are carrying.The episode explores the emotional toll that comes with that role, including family stress, resentment, burnout, and decision fatigue. Tim and Joe explain that a lot of this pressure comes from expecting others to think and act the same way you do, when in reality not everyone is wired to take initiative. Their message is encouraging: being dependable is a gift, but it can become heavy when you are constantly carrying the emotional and practical load for everyone around you.A major focus of the conversation is learning to create healthy boundaries with family and friends. Tim and Joe compare it to putting on your own oxygen mask first—if you are always helping others without taking care of yourself, eventually you will run out of energy. They talk about the importance of saying no, protecting your peace, getting rest, and avoiding unhealthy financial patterns. One of their strongest cautions is against loaning money to family or friends, since those arrangements often damage trust and create even more stress. When help is truly needed and affordable, they suggest that a gift is often healthier than a loan.They also cover practical financial habits that help responsible people stay grounded, including protecting an emergency fund, planning ahead with sinking funds, and avoiding retirement withdrawals to support others. The episode also speaks directly to those in the sandwich generation, who may be caring for both children and aging parents at the same time. In the end, Tim and Joe remind listeners that if they feel overwhelmed by always being the dependable one, they are not alone. With strong financial boundaries, thoughtful planning, and a healthier view of responsibility, it is possible to care for others without losing yourself in the process.Additional Resources:https://www.goodwininvestment.com/the-talk-about-money-with-dale-alexander/ https://www.goodwininvestment.com/stressed-about-financial-uncertainty-insecurity-or-your-future-retirement/https://www.goodwininvestment.com/executive-insights/ 

Maximize Your Tax Savings with Strategies You Need to KnowUnderstanding how to manage taxes efficiently is crucial to growing wealth—whether you're investing, planning for retirement, or managing distribution strategies. In this episode, Justin Pitcock shares actionable insights into tax loss harvesting, tax gain harvesting, and how sophisticated tools like SMAs can help you keep more of your money.In this episode:What is tax loss harvesting and how can it be automated in your investment strategyThe concept of tax gain harvesting and how to leverage your low-tax bracketsThe benefits of using Separately Managed Accounts (SMAs) for tax efficiencyHow to optimize your retirement distributions to avoid Medicare surcharges and maximize subsidiesPractical examples illustrating how these strategies can save you thousands annuallyKey Insights and TakeawaysTax loss harvesting involves selling investments at a loss to offset gains, with the ability to carry losses forward indefinitely—this requires intentional management, not just luck.The wash sale rule disallows repurchasing the same or substantially similar investments within 30 days to preserve tax-loss benefits, but strategic proxies (like ETFs) can be used effectively.Tax gain harvesting makes sense when your realized gains are within your 0% capital gains tax bracket, particularly for retirees. It’s about turning gains into tax-free opportunities.Unpackaged stock holdings through SMAs unlock more tax loss harvesting in diversified portfolios, especially when individual securities fluctuate independently.Using SMAs, including long-short strategies like AQR, can potentially increase tax loss harvesting opportunities by 30% or more during volatile markets.An intentional distribution strategy can reduce Medicare IRMA surcharges and maximize Obamacare subsidies—by carefully managing withdrawals from taxable and tax-advantaged accounts.Goodwin Investment Tax Planning Services https://www.goodwininvestment.com/services/tax-planningAdditional Resources:https://www.goodwininvestment.com/10-pro-tax-planning-tips-for-early-retirees-w-justin-pitcock-part-1/https://www.goodwininvestment.com/10-pro-tax-planning-tips-for-early-retirees-w-justin-pitcock-part-2/ For personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Woodstock, Georgia . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. 

Why Human Behavior and Accountability Drive Lasting ChangeIn this episode of the Money PIG podcast, co-hosts Tim Goodwin and Joe Beckford explore why information alone is insufficient for driving change, especially in finance and personal habits. They delve into the importance of accountability, trust, and behavioral psychology as the true catalysts for sustainable transformation.Key insights include the understanding that human resistance to change is often due to the path of least resistance and the lure of immediate gratification. Information can be overwhelming and dull, which diminishes motivation to act. However, sharing goals with trusted individuals creates accountability and increases commitment. External expectations, such as those from a spouse or mentor, can make change less painful by applying social pressure.The episode highlights that humans are more motivated by pain avoidance than pleasure, and accountability taps into this tendency. Thoughtful, slow decision-making fosters better long-term habits, and successful clients often possess a "how" mindset—willing to learn, adapt, and collaborate. Regular financial check-ins with significant others and accountability partners are emphasized as crucial for strengthening results. The hosts also note that the most resilient investment accounts are those left untouched, underscoring the power of patience and gradual change. Real change involves a mindset shift from "fire" to "aim," with deliberate reflection.Resources & Links:The Psychology of Money by Morgan HouselGoodwin Investment AdvisorsSchedule a ConsultationAdditional Resources:https://www.goodwininvestment.com/lessons-learned-from-people-20-years-ahead-of-you/https://www.goodwininvestment.com/book-recommendations-and-life-advice-with-dale-alexander-part-2/ https://www.goodwininvestment.com/why-ai-isnt-your-life-coach-the-power-of-real-mentors/ For personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Woodstock, Georgia . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. 

In this episode, we explore the limitations of AI as a life coach and highlight the irreplaceable value of human mentorship. While AI tools like ChatGPT can assist with decision-making and emotional regulation, they lack the depth of understanding, empathy, and accountability that come from real relationships. Discover why genuine mentors are crucial for personal growth, decision clarity, and long-term success.Key topics:The practical use of AI for navigating conversations and emotional responsesWhy AI cannot replace the emotional intelligence of mentors or therapistsThe critical role of human mentors in providing context, accountability, and personalized adviceHow trusted guides influence decision-making and long-term goalsThe risks of relying solely on AI for personal and relational developmentHow technology can complement, but not substitute, human connection and wisdomResources & Links:Book: The Gift of Mentoring by Malcolm S. Knowles — For insights on mentoring relationshipsHow to Build Trust and Influence Mentors — Article on cultivating meaningful mentorshipDave Ramsey — Financial mentorship inspirationThe Power of Human Mentors — Harvard Business Review piece on mentorship importanceConnect with Tim & Joe:Tim Goodwin - LinkedInJoe Beckford - LinkedInIn a world increasingly powered by AI, remember that human connection, experience, and wisdom remain the foundation of meaningful growth. Use technology to assist, but never replace the mentors who truly see and understand you.Additional Resources:https://www.goodwininvestment.com/why-ai-isnt-your-life-coach-the-power-of-real-mentors/https://www.goodwininvestment.com/white-water-rafting-guides-are-like-good-financial-advisors/ https://www.goodwininvestment.com/get-your-end-of-the-year-planning-guide/ For personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Woodstock, Georgia To learn more about the benefits and services we offer click here. 

In Episode 112 of the Money PIG Podcast presented by Goodwin Investment Advisory, Tim Goodwin is joined by his newly promoted co-host Joe Beckford. This episode blends practical wisdom with a friendly, approachable tone as they explore the quiet financial costs that can sneak up on high-net-worth families if planning is left on autopilotRather than focusing on market predictions, Tim and Joe encourage listeners to be intentional in 2026 by paying attention to patterns, missed opportunities,  and the cost of waiting. In this episode, they coverWhy missed planning opportunities can quietly cost more than market swingsCommonly overlooked strategies like Roth conversions, backdoor Roths, and QCDs (qualified charitable distributions).How giving appreciated securities or using a donor-advised fund can be more effective than giving cashWhere money often leaks out through taxes, disorganization, and unaligned advisorsWhy your financial advisor, CPA, and estate attorney need to work togetherHow assumptions about last year can lead to surprises in the next oneThe real cost of waiting includes penalties, missed tax savings, and outdated estate documentsOne key area to review in 2026 is the different tax types your money is invested in and why having a mix matters. The big takeawayBe intentional, not accidental. Have a plan, update it often, and do not do it alone. Resources and next steps:Blog Post:  How Financial Planning Can Help you Reach Your Long-Term GoalsBlog Post: Things You Didn’t Know a Financial Advisor Could Do For YouPodcast: Things You Didn’t Know a Financial Advisor Could Do For YouFor personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Woodstock, Georgia . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. 

Money PIG Podcast Episode 111What could cost you more than you expect in 2026In Episode 111 of the Money PIG Podcast, host Tim Goodwin and co-host Joe Beckford talk about the “quiet costs” that can sneak up on high net worth families in 2026 — not from the market, but from missed planning, unaligned professionals, and waiting too long to act. Their core message: be intentional, not accidental with your financial decisions.They walk through common planning opportunities people often miss, like Roth conversions, backdoor Roth contributions, Qualified Charitable Distributions (QCDs), and more strategic charitable giving using donor-advised funds and appreciated securities instead of cash. They also explain how money “leaks” out through tax drag and simple oversights — like not telling your CPA about a QCD, or creating a trust but never actually funding it.A major theme is how costly assumptions can be. Many people expect the next year to look like the last, but Tim and Joe remind listeners that change is the only constant — especially when laws and tax rules shift. They discuss how proactive planning helps families adapt rather than react.They also highlight the cost of waiting: procrastinating on estate documents, delaying estimated tax payments, or putting off strategic adjustments can lead to real penalties, missed opportunities, and long-term tax consequences.To close, they encourage listeners to review one key area in 2026: the tax “types” of your money. If most of your wealth is concentrated in pre-tax accounts like 401(k)s, it may be time to intentionally build a healthier mix of Roth (tax-free), after-tax, and pre-tax assets — creating more flexibility and tax control in retirement.Bottom line: Don’t do this alone. Coordinate your advisor, CPA, and estate attorney, keep your plan updated, and revisit your “why” so your money supports the life you actually want to live.Resources and next steps:Podcast: Things we do not recommend and why, Part IPodcast: Things we do not recommend and why, Part II Like, subscribe, and enjoy the episode? Leave us a review if this resonated with you!For personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Woodstock, Georgia . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. 

Episode 110: The Real Cost of Divorce — And Why You Don’t Have to Face It Alone(The Financial Side of Divorce—Because Someone Has to Talk About It)Divorce carries costs far beyond legal fees and spreadsheets. In this episode, we talk openly about the emotional and financial weight people carry—but rarely say out loud—after a major life transition. From the fear of “Is it too late for me?” to the quiet shame of “I don’t even know what I’m entitled to,” this conversation is designed to normalize uncertainty and offer reassurance to anyone feeling overwhelmed, behind, or unsure where to begin.Our advisors share what they see every day: how common it is for one spouse to have handled the finances, why that’s nothing to be ashamed of, and how rebuilding doesn’t start with knowing everything—it starts with having a calm, trusted guide. This episode is about slowing decisions down, creating clarity without panic, and helping people move from fear to confidence, one step at a time. Because rebuilding after divorce isn’t about perfection—it’s about support, perspective, and peace.Resources & Next StepsDownload our divorce planning checklist/guideSchedule a conversation with Joe, who has guided countless individuals through the financial side of divorceAdditional support for women navigating divorce: You don’t have to do this alone—and you don’t have to have it all figured out to take the first step.For personalized financial guidance, schedule an intro call with our team at Goodwin Investment Advisory in Woodstock, Georgia. Our CFP® professionals can provide advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. Enjoy the episode?Subscribe, share it, and leave us a review on Apple,  Spotify, or Buzzsprout! Like, subscribe, and leave us a review on YouTube if this resonated with you!

In this episode of the Money PIG Podcast, host Tim Goodwin (https://www.goodwininvestment.com/team-profiles/tim-goodwin/) sits down with Joe Beckford (https://www.goodwininvestment.com/team-profiles/joe-beckford/) to explore one of the most clarifying questions in financial planning: What do people who are 20 years ahead of you wish they had done sooner? Drawing from nearly 15 years as a financial advisor, Joe shares a recurring theme he hears from retirees who have both financial stability and inner peace: don’t sweat the small stuff—by getting the small stuff handled early. In other words, when debt, cash flow, saving, taxes, and planning are organized, people are freed up to focus on what actually matters most—purpose, relationships, legacy, meaningful experiences, travel, and time with the people they love.Joe and Tim unpack the habits they consistently see in retirees who feel calm and confident: living below their means, avoiding unnecessary debt, and regularly reassessing what truly brings happiness (not just what looks impressive). They also address the most common regret Joe hears from people in their 60s and 70s: working too long and not retiring sooner. Often, this is because health or energy didn’t cooperate when the retirement they meticulously planned for finally arrived. The encouragement for younger listeners is simple but powerful: make smart choices now so you can move your retirement date up—and protect your freedom while you still have your time and health.The episode closes with two practical takeaways: avoid debt whenever possible (because it makes life harder to “weather storms”), and pursue the passions and work that genuinely matter to you—because life is too short to stay stuck in something that drains your relationships, health, and joy. Joe also recommends Die With Zero  (https://www.diewithzerobook.com/welcome) and Choosing to Cheat (Andy Stanley) (https://www.amazon.com/Choosing-Cheat-Wins-Family-Collide/dp/1590523296) , and Tim shares how listeners can learn more or schedule a short introductory call (https://www.goodwininvestment.com/contact/) at Goodwin Investment Advisory.If you’d like more insight, read this blog post: https://www.goodwininvestment.com/the-talk-on-money/For personalized financial guidance,  schedule an intro call (https://www.goodwininvestment.com/contact/) with our team at Goodwin Investment Advisory in Woodstock, Georgia (https://www.goodwininvestment.com/financial-advisor-woodstock-ga/) . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here (https://www.goodwininvestment.com/services-and-benefits/) . 

In this episode of the Money PIG Podcast, host Tim Goodwin and guest Joe Beckford unpack a powerful distinction: being wealthy versus looking wealthy. Joe explains that the difference is essentially a mindset—an “intangible” shift from chasing appearances to building actual net worth.  Tim and Joe also talk through the “comparison trap”—the constant pull to keep up with the Joneses through bigger homes, newer cars, and lifestyle upgrades.  Real, lasting wealth comes from getting grounded in what genuinely makes you happy, recognizing “style drift” as income grows, and choosing intentional habits that protect long-term freedom. The common thread: wealthy people often appear ordinary—because their wealth has a purpose, and their lifestyle choices reflect values, not pressure.Check out our blog and guides page for more resources For personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Woodstock, Georgia . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. 

In this episode of the Money PIG Podcast, Tim Goodwin sits down with Joe Beckford for a candid, real-life conversation about the decisions that quietly shape your financial future—for better or worse. Joe shares that his best financial move wasn’t flashy: it was choosing to work with a financial advisor and committing to a more intentional plan instead of chasing returns. Together, they unpack how accountability, guidance, and small strategy shifts (like Roth vs. pre-tax decisions and automated saving) can compound over time into real confidence and freedom.The takeaway is simple and empowering: financial freedom isn’t just a number—it’s a plan that helps you do what you want, when you want, with the people you love. The episode wraps with practical wisdom for younger listeners: seek wise counsel, know the state of your finances, and build habits that create peace, independence, and generosity over time.Books mentioned: The Automatic Millionaire, Die With Zero, and The Psychology of Money.For personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Woodstock, Georgia . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. 

In this powerful and emotional episode of the Money Pig podcast, host Tim Goodwin sits down with humanitarian, educator, and founder of the African Girls Hope Foundation, Dr. Grace Raja Bantu. Grace shares her extraordinary journey—fleeing her home in the Democratic Republic of Congo at age 13 during the war, surviving years in multiple refugee camps, learning six languages, and somehow finishing school against impossible odds.Grace recounts how strangers stepped in at critical moments, including a miraculous scholarship that allowed her to graduate from Daystar University in Kenya after nearly being expelled for unpaid tuition. That act of generosity planted the seed for what would become the African Girls Hope Foundation (AGHF)—a nonprofit that today provides full educational scholarships to over 250 refugee and orphaned girls across Kenya and the DRC.Tim and Grace discuss why education changes everything, the harsh realities girls face without it (from child marriage to trafficking), and how AGHF provides not just tuition but mentoring, safety, stability, and hope. They share stories of girls whose lives are being rewritten—like Beatrice, the first AGHF scholar to graduate college.This episode is part storytelling, part call to action… and an unforgettable reminder that one life can transform generations.Key Themes:Surviving war, displacement, and refugee lifeThe miracle moments that saved Grace’s educationWhy girls’ education is the most powerful tool for ending generational povertyThe unique structure and impact of AGHF scholarshipsHow listeners can be part of changing a girl's life forever Like, subscribe, and leave us a review if this resonated with you!Enjoy the episode?Subscribe, share it, and leave us a review on Apple or Spotify!For personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Woodstock, Georgia . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance with compliance,  securities laws, and regulations. Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast. The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice. 

On this episode of the Money Pig podcast, host Tim Goodwin sits down with CPA and firm owner, Jamie Howell Quinn, to unpack why collaboration between your financial advisor and your tax professional can make or break your financial plan. Jamie shares real-life stories of clients who were blindsided by big tax bills because their advisor never explained the tax impact of trades—especially large capital gains that were immediately reinvested. Together, Tim and Jamie walk through how proactive communication, tax planning, and simple organization can reduce stress, avoid penalties, and create a smoother experience at tax time.They also explore how strategies like capital gain planning, carryover losses, RMDs, Qualified Charitable Distributions (QCDs), and donor-advised funds can help you be both wise and generous with your money. The conversation ends on a deeply human note as Jamie talks about learning to give herself grace—and Tim challenges listeners to be generous not just with time and money, but also with encouragement, forgiveness, and grace toward themselves. Like, subscribe, and leave us a review if this resonated with you!Enjoy the episode?Subscribe, share it, and leave us a review on Apple or Spotify!For personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Woodstock, Georgia . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance with compliance,  securities laws, and regulations. Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast. The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice. 

In this episode, Tim Goodwin sits down with Chris Brazelton, Executive Director of Woodstock Arts, to explore how art can be a heartbeat for the community and how generosity can show up through creativity.Chris shares his story, from studying theater at Florida State to leading Woodstock Arts right here in Cherokee County, Georgia. Under his leadership, Woodstock Arts has become a vibrant hub offering theater, music, visual arts, and education programs for all ages. Whether it’s pottery classes, improv for professionals, or music under the stars, their goal is to make art accessible and meaningful for everyone.This episode touches on:Why community-centered arts matters even for those who don’t think of themselves as “artsy”How Woodstock Arts helps solve real community problems (like partnering with foster agencies and mental health nonprofits)What it means to create a space where people feel connected, seen, and inspiredThe power of local giving and how businesses (like Goodwin Investment Advisory) can partner to make a lasting impact👨‍👩‍👧‍👦 For our listeners who are quietly building wealth and want to give back meaningfully, this conversation is a reminder that generosity isn’t always financial. Time, talents, and presence all matter.🎨 Whether you’re retired, raising kids, or running a business, you’ll walk away inspired to use what you have to make where you live better.💡 Learn more at woodstockarts.org and consider how you can support or get involved. Like, subscribe, and leave us a review if this resonated with you!Enjoy the episode?Subscribe, share it, and leave us a review on Apple or Spotify!For personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Woodstock, Georgia . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. 

In this inspiring episode, host Tim Goodwin sits down with longtime friend and local leader Steve Hyland, Director of the Fellowship of Christian Athletes (FCA) for Cherokee County, Georgia. After a 28-year career in marketing at Coca-Cola and five years producing a Christian film, Steve came out of retirement in the middle of the pandemic to answer a new calling—one that started on April Fool’s Day, 2020.Now leading a thriving FCA chapter, Steve shares how God used his background in corporate leadership to grow a grassroots ministry from just two full-time team members to twelve staffers reaching thousands of young athletes and coaches through schools, community sports, and leadership development. With a mission rooted in character coaching, presence, and personal investment, Steve and his team are seeing a local revival unfold—through Bible studies in Chick-fil-A dining rooms, sports camps with life-changing spiritual impact, and high school students stepping up to disciple the next generation.More than a conversation about sports, this episode highlights the power of presence, the ripple effects of generosity, and how ordinary people with willing hearts and open hands can make an extraordinary impact. Tim and Steve also unpack how Goodwin Investment Advisory’s commitment to giving back is helping support FCA’s mission—and how listeners can be part of it too.💡 Quotes to Remember:"Everything we have is God's—so we're just stewards. And when your hands stay open to give, God keeps filling them." "We're not just building a program. We're building a foundation for your kids and grandkids to encounter Jesus through sport." Like, subscribe, and leave us a review if this resonated with you!Enjoy the episode?Subscribe, share it, and leave us a review on Apple or Spotify!For personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Woodstock, Georgia . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the ecurities and Exchange Commission in accordance and compliance with securities laws and regulations. Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast. The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice

The Ripple Effect of Generosity with Dale Alexander Money Pig Podcast – Episode 102In this heartfelt episode, host Tim Goodwin welcomes his longtime friend and mentor, Dale Alexander — CFP®, speaker, and author of The Talk (no, not that talk…the one about money). Fresh off a speaking engagement at the University of Tennessee’s Haslam Business School, Dale shares how a lifetime of faith, family, and intentional giving has shaped his mission to help young people build both wealth and a generous heart.Dale tells the story of selling his financial services firm and stepping into what a mutual friend calls his “purpose-driven sunset career” — traveling the country to speak to students about money, margin, and living generously. With over 220,000 copies of his 87-page mini-book now in print (more than 200,000 of them given away), he and his wife Kimberly are focused on impact that multiplies across youth, leadership, families, and faith. One powerful example: donating a copy of The Talk to every high school graduate in Georgia, with a vision that those students could become some of the wealthiest, most generous people in the world.But Dale reminds us that generosity is far bigger than dollars. It’s in the handwritten note someone keeps for 30 years with the words “You are exceptional.” It’s in choosing to “go deep, not wide” with the people God puts in your path — like the little duckling he once carried 20 miles on his bike to safety. It’s in being generous with kindness, respect, encouragement, and even forgiveness, especially when it’s hard.Together, Tim and Dale unpack why the world’s loudest message — “get more for yourself” — is one of the greatest lies we’re told. Dale explains how serving and giving actually rewires our brains for joy, how the law of reciprocity shows up in his own life, and why “you can’t outgive what you outget.” This episode is a practical, hope-filled reminder that when we give our money, time, words, and grace on purpose, the ripple effects can shape families, communities, and even generations.🎧 Key Takeaways:Why Dale believes generosity should aim for multiplication, not addition.How his parents modeled a life of giving — and why “more is caught than taught.”The many faces of generosity: money, time, kindness, respect, encouragement, and forgiveness.A simple practice that can change lives: writing handwritten notes people might keep forever.How giving and serving impact our brains and our emotional health.The “law of reciprocity” and why the world naturally gravitates toward givers.What it means to “give your dollars names or wings” — and how to point them where you want them to go.Tune in to Episode 102 of the Money Pig podcast and, in Dale’s words, be inspired to “go be great” — by becoming a giver whose generosity sends ripples far beyond your bank account.Read the blog that inspired this episode and download the guide:  Like, subscribe, and leave us a review if this resonated with you!

Goodwin Investment Advisory is a proud sponsor of the Chick-fil-A 5K in Cherokee County.In this inspiring episode, host Tim Goodwin sits down with Kevin Williams — longtime Chick-fil-A Operator of three Canton, Georgia locations and author of Irrational Kindness: The Crazy Pursuit of an Extraordinary Life. Together, they explore what it really means to lead with generosity, humility, and purpose in today’s workplace.Kevin shares stories from his journey building thriving teams where people feel seen, valued, and empowered to grow — not just as employees, but as human beings. From his signature “Coffee with Kevin” sessions to his belief that failure is one of life’s best teachers, Kevin invites us to rethink leadership as an act of service.Listeners will learn how generosity can be both irrational and impactful—how giving time, grace, and opportunity can create loyalty, drive excellence, and transform company culture from the inside out.This conversation reminds us that generosity isn’t a line item on a budget — it’s a way of life that multiplies meaning, both in business and beyond.🎧 Key Takeaways:What “Irrational Kindness” looks like in real leadership.How to create a culture of trust and purpose.Turning failure into growth and grace.Sustaining generosity without burnout.Practical steps any leader can take to lead with heart.Join us as we explore how generosity — in the workplace and in life — creates ripple effects that extend far beyond profit and performance.

Early retirement offer? Whether you’re a federal employee offered a buyout or a corporate worker facing a severance package, the decision can be life-changing.In this episode of The Money Pig Podcast, Tim Goodwin and Justin Pitcock share how to evaluate early retirement opportunities, reduce the anxiety of “what’s next,” and create a plan that gives you peace of mind.They cover:The recent wave of federal employee early retirement offers (and what’s behind them)How to Evaluate your Pension, Healthcare, and Severance Before You Say Yes to early retirement Career 2.0 ideas—why part-time, purpose-driven work can boost retirement successTax-smart strategies for severance packages and buyouts (timing is everything!)What to do with your TSP (Thrift Savings Plan) when you leaveWhy early planning with an advisor can mean retiring sooner—and with moreWhether you’re ready to hang it up or just want the option to, this episode will help you approach retirement decisions with clarity, strategy, and confidence.Listen now and learn how to turn an unexpected offer into a purposeful next chapter.Like, subscribe, and leave us a review if this resonated with you!Enjoy the episode?Subscribe, share it, and leave us a review on Apple or Spotify!For personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Woodstock, Georgia . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance and compliance with securities laws and regulations. Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast. The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice

In this episode of The Money Pig Podcast, Tim Goodwin and Justin Pitcock unpack the “O-Triple-B-A” (One Big Beautiful Bill Act) and what it could mean for your taxes, your estate plan, and your wallet. They break down:Why keeping current tax brackets is a big win for many taxpayersChanges to the standard deduction, state and local tax (SALT) cap, and child tax creditNew charitable giving rules—and how they could impact your strategyEstate tax updates, gift exclusions, and planning opportunitiesTemporary provisions like no tax on tips and a new senior deductionHow Goodwin Investment Advisory helps clients navigate these shifting rules to save money and stay aheadWhether you’re a family, real estate investor, retiree, or just trying to keep up with the ever-changing tax code, this episode gives you practical takeaways to potentially keep more in your pocket and make smarter moves with your money.Listen now and learn how to use today’s tax law to your advantage—before some of these benefits expire.Read the blog that inspired this episode and download the guide: Blog Link: https://www.goodwininvestment.com/understanding-the-new-tax-law-what-the-obbba-could-mean-for-you/ Like, subscribe, and leave us a review if this resonated with you!Enjoy the episode?Subscribe, share it, and leave us a review on Apple or Spotify!For personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Woodstock, Georgia . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the ecurities and Exchange Commission in accordance and compliance with securities laws and regulations. Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast. The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice

What does living “rich” really mean to you? Spoiler: It’s not just about the dollar amount.In this episode of The Money Pig Podcast, Tim Goodwin and Ray Brown dive into how Goodwin Investment Advisory helps clients define—and achieve—their own version of a rich life. From celebrating milestones with a retirement bell, to creating dynamic, evolving financial plans, they explore how to build a future that’s about more than just numbers.You’ll hear:The key question that helps clients envision their futureWhy “rich” looks different for everyoneHow tracking progress builds both confidence and peaceWhy your financial plan should evolve as life changesHow generosity, meaningful experiences, and “memory dividends” make wealth truly fulfillingWhether you’re decades away from retirement or already there, this conversation will inspire you to think beyond your bank account and design a life you love—on your terms.Listen now and start defining your rich.Read the blog that inspired this episode and download the guide: Blog Link: https://www.goodwininvestment.com/let-us-help-you-find-your-rich/ Like, subscribe, and leave us a review if this resonated with you!Enjoy the episode?Subscribe, share it, and leave us a review on Apple or Spotify!For personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Big Canoe, Georgia . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the ecurities and Exchange Commission in accordance and compliance with securities laws and regulations. Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast. The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice

In this heartwarming (and hilarious) episode of the Money Pig Podcast, Tim Goodwin is joined by his three amazing daughters—Shiloh, Eden, and Caanan—for a real family conversation about money, giving, saving, investing, and how they use the Greenlight app to learn smart financial habits.From surfing in Hawaii to stock market wins (and a few losses), the Goodwin girls share their unique perspectives on managing money at different ages. Whether it's saving for a car, giving to causes that matter, or investing in companies like NVIDIA and Target, this episode is packed with laughs, lessons, and real-life takeaways for families looking to raise financially savvy kids.They’ll talk about:Chores, allowance, and how Greenlight helps manage their “Spend, Save, Give” bucketsLearning the value of giving (and how giving makes you feel great)Investing in individual stocks and learning to ride the market ups and downsWhy financial conversations at home matter—and how to keep it funPlus, hear sweet moments of gratitude, lessons about generosity, and a whole lot of sibling personality.Whether you're a parent, grandparent, or just someone curious about teaching kids about money in today’s digital world, this episode is one you don’t want to miss!Read the blog that inspired this episode and download the guide: Blog Link: https://www.goodwininvestment.com/how-do-you-teach-kids-about-money/ Like, subscribe, and leave us a review if this resonated with you!Enjoy the episode?Subscribe, share it, and leave us a review on Apple or Spotify!For personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Woodstock, Georgia . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the ecurities and Exchange Commission in accordance and compliance with securities laws and regulations. Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast. The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice

In this episode of The Money PIG Podcast, Tim Goodwin sits down once again with the one and only Justin Pitcock to dive into the often-overlooked—but massively impactful—topic of business exit planningFrom small business tax strategies (like Section 1202), to donor-advised funds, installment sales, and ESOPs, this episode is packed with real-world advice on how to prepare years in advance to maximize your payout and minimize taxes. Whether you're transitioning to retirement, family succession, or a full-on sale, this conversation helps you think beyond just the sale itself—and into what you're retiring to, not just from.Justin shares powerful insights on how to:Save potentially millions in taxes with proper timing and structureAvoid common pitfalls and financial regretsUse tools like DAFs, tax loss harvesting, and equity rolloversPreserve your legacy, culture, and team through thoughtful succession planningAnd if you're wondering what learning Spanish, Pokémon cards, and artificial intelligence have to do with financial planning—well, you're in for a fun surprise.Read the blog that inspired this episode and download the guide: Blog link  Guide Link  Like, subscribe, and leave us a review if this resonated with you!Enjoy the episode?Subscribe, share it, and leave us a review on Apple or Spotify!For personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Marietta, Georgia . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance and compliance with securities laws and regulations. Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast. The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice

In this episode of The Money PIG Podcast, we’re thrilled to welcome estate attorney Sarah White. Tim and Sarah dive into all things estate planning—why every family needs it (not just the ultra-wealthy), what essential documents you should have in place, and the real-life messes that happen when you don’t have a plan.Sarah shares stories (including one about a double-wide trailer and a determined client), busts common estate planning myths, and explains how legal planning intersects with your financial goals. Plus, Tim reveals his own experience with estate planning—complete with chicken diapers, dad jokes, and a cautionary tale involving unfinished paperwork (from his own mom).Topics include:Why a will, healthcare directive, and power of attorney are foundationalHow estate planning protects your legacy and reduces family stressWhen you might need a trust (blended families, out-of-state property, special needs)Why naming beneficiaries isn’t enoughHow financial advisors and estate attorneys collaborate for your benefitWhether you’ve got a beach house or backyard chickens, your legacy deserves protection.Need help getting started? Visit GoodwinInvestment.comReach Sarah at [email protected] or visit LawyerSarah.comRead the blog that inspired this episode: https://www.goodwininvestment.com/the-estate-plan-you-didnt-know-you-needed/ Like, subscribe, and leave us a review if this resonated with you!Enjoy the episode?Subscribe, share it, and leave us a review on Apple or Spotify!For personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Marietta, Georgia . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance and compliance with securities laws and regulations. Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast. The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice

You probably know a financial advisor can help with investments… but did you know they might also help you save tens of thousands on taxes, qualify for health insurance subsidies, or optimize your Social Security strategy?In this episode of The Money PIG Podcast, Tim Goodwin and Justin Pitcock dive into the lesser-known ways a financial advisor can serve you—beyond just managing your portfolio.From hunting hogs with hounds (literally) to uncovering $10,000 in tax savings for newlyweds and helping a multimillionaire get an Obamacare subsidy, this episode is full of surprising stories, smart strategies, and a healthy dose of humor. You'll also learn:How financial advisors help clients navigate major life transitionsWhy tax strategy isn't just for CPAsHow to think about Social Security timingWhat to know about health insurance before MedicareAnd why GIA advisors act as life advisors, not just money managersPlus, Justin is writing a tax strategy handbook. You’ll get a sneak peek into what’s coming.Read the blog that inspired this episode:https://www.goodwininvestment.com/things-you-didnt-know-a-financial-advisor-could-do-for-you/ Like, subscribe, and leave us a review if this resonated with you!Enjoy the episode?Subscribe, share it, and leave us a review on Apple or Spotify!For personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Canton, GA . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance and compliance with securities laws and regulations. Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast. The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.

In this episode of The Money PIG Podcast, Tim Goodwin sits down with advisor Ray Brown (aka Pop Pop) to tackle one of the most important topics in financial planning—data protection. From cybersecurity protocols and password managers to phishing scams, cognitive decline, and the importance of estate planning, this conversation dives deep into how Goodwin Investment Advisory protects what matters most: you and your financial future.We talk about:How we secure your information behind the scenesWhat we do to proactively protect clients experiencing cognitive declineRed flags for fraud and how to stay vigilantTips you can implement today to better protect your own dataWhy sharing your estate documents with us makes a big differenceIt’s not the flashiest topic—but it may be one of the most important.Want to learn more? Read our blog for a deeper dive into how we protect your data: https://www.goodwininvestment.com/how-we-protect-our-clients-data Like, subscribe, and leave us a review if this resonated with you!Enjoy the episode?Subscribe, share it, and leave us a review on Apple or Spotify!For personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Canton, GA . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance and compliance with securities laws and regulations. Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast. The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.

In this heartfelt and light-hearted episode, Tim Goodwin and Joe Beckford (aka "Beckforth") dive into the question: Why do our clients keep choosing Goodwin Investment Advisory—year after year, decade after decade?You’ll hear real feedback from real clients, gathered at our annual celebration event, reflecting on what makes the relationship with GIA feel like more than just business. From building trust and delivering results, to showing up with care, communication, and even champagne—this episode unpacks what turns first impressions into lifelong partnerships.Joe and Tim also talk about what it means to have “the heart of a teacher,” why we prioritize the wow factor in client care, and how our culture of caring more than expected is never accidental—it’s intentional.If you're wondering what sets a truly personal financial advisory experience apart, this episode gives you an inside look at the values and stories that shape how we serve our clients and their families for generations. 🔗 Learn more at GoodwinInvestment.com 📝 Read our blog - Why clients stay with Goodwin Investment Advisory: because we care more Like, subscribe, and leave us a review if this resonated with you!Enjoy the episode?Subscribe, share it, and leave us a review on Apple or Spotify!For personalized financial guidance,  schedule an intro call with our team at Goodwin Investment Advisory in Canton, GA. Our CFP® professionals can provide advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here. Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance and compliance with securities laws and regulations. Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast. The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.

In this episode of The Money PIG Podcast, Tim is joined by the legendary Joe “Beckforth” Beckford to break down one of the biggest retirement questions: Is Social Security running out?They cover:The truth about the 2035 Social Security projectionsWhy Social Security isn’t disappearing—but may be changingHow it’s funded and what that means for future benefitsPotential government fixes (think: taxes, retirement age, benefit cuts)When to claim benefits—62, 67, or wait until 70?The real cost of taking it early (hint: it’s more than just a smaller check)Mistakes people make when claiming (and how to avoid them)Want to go deeper? Read our blog: Understanding What the Future of Social Security Means for You and Your Retirement Enjoy the episode? Subscribe, share it, and leave us a review on Apple or Spotify!For personalized financial guidance, schedule an intro call with our team at Goodwin Investment Advisory in Canton, GA. Our CFP® professionals can provide advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy!Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance with and in compliance with securities laws and regulations. Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast.  The information provided is for informational purposes only and does not constitute financial, tax, investment, or legal advice.

In this episode of The Money Pig Podcast, Tim Goodwin sits down with Coby “Sully” Sullivan, GIA’s newest financial advisor, for a conversation full of laughs, leadership lessons, and purpose-driven passion.Coby shares his journey from Army Ranger instructor to financial advisor—including years spent in Alaska, a 100 km/h snowmobile ride, and what it’s like ice fishing on a frozen lake. After serving overseas and leading elite military teams, Coby sought a civilian career that still aligned with his love for service, leadership, and purpose. His transition into finance was inspired by a desire to help others, sparked by his own experience working with a financial advisor.With a background in exercise science, a deep appreciation for discipline, and a personal motto—"you only deserve what you earn"—Coby brings a unique blend of structure, care, and curiosity to the GIA team. He’s passionate about reducing financial anxiety, building lasting relationships, and guiding clients through life’s financial decisions with clarity and confidence.From favorite reads like Rich Dad Poor Dad to Sunday pickleball games with his wife, Halle, this episode is a chance to meet the man behind the rucksack—and the heart behind the numbers. Listen now to get to know Sully, and check out goodwininvestment.com to learn how our team can serve you with wisdom, clarity, and careFor personalized financial guidance, schedule an intro call with our team at Goodwin Investment Advisory in Canton, GA. Our CFP® professionals can provide advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy!Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance and compliance with securities laws and regulations.  Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast.  The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.

On this episode of The Money Pig Podcast, Tim Goodwin sits down with the one and only Ray Brown—aka "Pop-Up"—to unpack The Psychology of Money by Morgan Housel. With humor, heart, and a touch of magician flair (yes, Ray used to perform magic with his dachshund sidekick, Mr. Weenie!), the two dive into why emotions play a bigger role in money decisions than most people realize.They explore how behavioral finance influences not just what we invest in—but whether we stay invested. From comparing saving to fitness goals, to the trap of loss aversion, to the allure of flashy investments like cryptocurrency, this episode digs deep into why having a financial plan (and a third-party advisor) can be the buffer you need between your emotions and your money.They also highlight the contrast between two powerful reads: The Psychology of Money and Die with Zero. Both books prompt one big question: When is enough, enough? Is it possible to balance saving wisely and living meaningfully along the way? Want to dive deeper? Check out our blog, "When is Enough, Enough in Retirement Planning?". It unpacks this idea further—helping you think through how much you truly need for the life you actually want.Subscribe and stay tuned for more practical financial guidance from the Money Pig Podcast.For personalized financial guidance, schedule an intro call with our team at Goodwin Investment Advisory in Canton, GA . Our CFP® professionals can provide advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy!Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance and compliance with securities laws and regulations.  Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast.  The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.

In this episode of the Money Pig Podcast, Tim Goodwin and special guest (and outdoorsman extraordinaire) Justin Pickock — aka Elmer Fudd —finish off a two-part series diving into 10 Pro Tax Planning Tips for Early Retirees. — with a special appearance from the Notorious P.I.G. (Peace, Independence, and Generosity).This episode dives deep into advanced strategies to help early retirees maximize tax efficiency and keep more of what they’ve worked for. Whether you're nearing retirement or just want to be better prepared, these tips are gold.Part 2 covers tips #6 through #10:Tax-loss harvesting (and when not to use it)Realizing capital gains at a 0% tax rateManaging healthcare costs through income planningBuilding a tax-efficient investment portfolioThe power of working with a CFP and CPA as your financial teamThere’s a lot to consider when planning for early retirement, and these strategies can significantly reduce your lifetime tax bill when applied intentionally.Want the full checklist?Get all 10 tips in our free blog post:10 Pro Tax Planning Tips for Early RetireesNo email required. No catch. Just real, actionable advice.Subscribe and stay tuned for more practical financial guidance from the Money Pig Podcast.For personalized financial guidance, schedule an  schedule an intro call with our team at Goodwin Investment Advisory in Canton, GA . Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy!Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance and compliance with securities laws and regulations.  Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast.  The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.

In this episode of the Money Pig Podcast, Tim Goodwin and special guest (and outdoorsman extraordinaire) Justin Pitcock — aka Elmer Fudd — kick off a two-part series diving into 10 Pro Tax Planning Tips for Early Retirees. Whether you're planning your early exit from the 9-to-5 grind or are already retired, this episode is packed with strategic tax-saving wisdom that can help you keep more of what you've worked so hard to build.They cover the first 5 tax planning  tips, including:Understanding the 3 types of tax bucketsTaking advantage of low tax bracketsSmart timing for Social SecurityManaging Required Minimum Distributions (RMDs)How to avoid early withdrawal penaltiesYou’ll also hear some fun stories from the outdoors, cold plunges in the wilderness, and a few dad jokes to keep it light.Want the full list of tips plus a downloadable checklist?Check out our blog:10 Pro Tax Planning Tips for Early RetireesNo email required. No strings attached. Just solid advice.Don’t forget to subscribe, like, and hit the bell to get notified when Part 2 drops.For personalized financial guidance, schedule an intro call with our team at Goodwin Investment Advisory in Canton, GA. Our CFP® professionals can provide advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy!Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance and compliance with securities laws and regulations.  Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast.  The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.

Welcome back to the Money Pig Podcast! In this episode, we dive into an insightful discussion with Justin Pitcock and John Pratt, one of our valued clients. John shares his journey from growing up on a 500-acre potato farm to working in IBM's service division, and how those experiences shaped his perspective. He mentions how hiring Goodwin Investment Advisory helps him get a good night's sleep, which is a value and benefit beyond the dollars and cents. We also take a deep dive into how Goodwin Investment Advisory compares to Fisher Investments. From fiduciary responsibility and fee structures to personalized service, we break down the key differences and why many investors prefer a boutique, client-centric approach over a large, high-pressure firm. Key Takeaways:The importance of fiduciary, fee-only advising vs. commission-based modelsWhy personalized service matters more than big-brand recognitionHow Goodwin Investment Advisory prioritizes client relationships and proactive financial planningA client’s firsthand experience of switching to Goodwin Investment AdvisoryIf you're evaluating your investment options and considering a firm that truly cares more, check out our detailed comparison of Fisher Investments vs. Goodwin Investment Advisory: Read the full blog hereVisit GoodwinInvestment.com to schedule a call and explore how we can help you achieve your financial goals.Like, comment, and subscribe for more insights on financial planning and investment strategies.For personalized financial guidance, schedule an intro call with our team at Goodwin Investment Advisory near Big Canoe, GA . Our CFP® professionals can provide advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy!Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance and compliance with securities laws and regulations.  Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast.  The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.

In this engaging episode, we welcome Joseph Beckford, who shares his adventurous experience of learning to e-foil at 60—an inspiring reminder that growth and new experiences have no age limit.The core of our discussion revolves around The Legacy Will, a valuable tool designed to help individuals capture and preserve their family’s stories, values, and traditions for future generations. We highlight the importance of estate planning beyond financial assets—focusing on the memories, values, and wisdom that truly define a legacy. From cherished family recipes to life lessons and personal philosophies, The Legacy Will serves as a meaningful way to pass down what matters most.We also discuss how storytelling connects generations and ensures that important family traditions and wisdom are not lost over time. Whether it’s writing down family values, capturing favorite quotes, or preserving memorable moments, The Legacy Will is a powerful way to be intentional about how you are remembered.Don’t leave your legacy to chance—start preserving it today! Download your copy of The Legacy Will using this link and begin capturing your family’s unique story. Take the first step in shaping the impact you leave behind. For personalized financial guidance, schedule an intro call with our team at Goodwin Investment Advisory in Canton, GA. Our CFP® professionals can provide advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy!Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance and compliance with securities laws and regulations.  Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast.  The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.

On this episode of The Money Pig Podcast, host Tim Goodwin welcomes the one and only Joe Beckford for a thought-provoking discussion on retirement, financial freedom, and making the most of your hard-earned wealth.While many retirees worry about not having enough, Tim and Joe flip the script—what if you planned to live fully and maximize your experiences rather than simply hoarding savings for an uncertain future? Inspired by the book Die with Zero by Bill Perkins, they discuss: Why many retirees' assets keep growing despite being in their "spending years."The myth of overspending and why many people actually underspend in retirement.How to balance saving for the future while enjoying life today. The power of intentional giving—why waiting until you're 60+ to inherit wealth may not be the best plan.Health, time, and money—the triple constraints that shift as you age.To read more check out our blog titled, “How to Run Out of Money in Retirement: The Art of Living Life to the Fullest” Retirement is often viewed through the lens of financial security, but what if we flipped the script? Instead of hoarding your savings for an uncertain future, why not design a retirement where the goal is to truly enjoy every dollar you’ve earned? Imagine retiring by design, where you live fully, embracing each moment with the intent to die with zero. This approach isn’t about reckless spending but about planning to maximize joy and experiences. Read the blog to learn how you can spend your retirement embracing life beyond the dollars and cents.Ready to plan a retirement where you actually enjoy your wealth?If your dream is to worry about money instead of enjoying retirement, keep doing what you're doing! But if you’d rather have a plan to live fully, spend wisely, and make your wealth work for you, schedule an intro call with our team at Goodwin Investment Advisory in Ball Ground, GA. Our CFP® professionals can provide  advice and help you navigate how to invest your wealth and plan for your retirement. Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance and compliance with securities laws and regulations.  Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast.  The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.

Welcome to The Money Pig Podcast! In this episode, Tim Goodwin sits down with Joe Beckford for an engaging conversation filled with financial wisdom, personal stories, and a few dad jokes to keep it fun. Tim dives into his book Exponential Wealth: How to Create Sustainable Income for Life, sharing his inspiration for writing it and practical strategies for building financial independence. From leveraging exponential growth and creating passive income streams to planning for a diversified and sustainable retirement, this episode is packed with actionable insights for anyone looking to secure their financial future.Key Highlights:The importance of multiple income streams in retirement.How to balance short-term needs with long-term wealth-building goals.Underutilized strategies like turning your home into a rental property.Insights on creating a sustainable, diversified retirement plan with the WISE approach: Work, Investable Assets, Social Security, and Estate Income.The peace of mind that comes with building an emergency fund and automating savings.Plus, hear about Tim's love for birds, Joe's upcoming grandkids' basketball game, and their gratitude for life's simple joys (like warm sweaters and a cozy fireplace on a cold day). Don’t miss this informative yet lighthearted episode! If you're ready to start your financial journey, grab a free copy of Exponential Wealth via the link in the description and take the first step toward creating sustainable income for life.📚 Download the book HERE🎧 Listen now and transform your financial future!If you want an expert in Woodstock, GA who can provide advice and help you navigate how to invest your wealth and plan for your retirement, reach out to us to schedule a quick call. One of our CFP® professional wealth advisors would love to discuss your individual goals and options with you. The first step in our process is to schedule a free 15-minute intro call with our Goodwin Investment Advisory consultant HERE. Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance and compliance with securities laws and regulations.  Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast.  The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.

In this heartwarming episode, Tim Goodwin welcomes Tara Bruce, the creative force behind Goodwin Investment Advisory's content, to explore the Danish concept of "hygge" — the art of coziness. The conversation weaves through personal stories, practical tips, and reflections on finding happiness and gratitude in the slower moments of life. You can watch the episode on YouTube as well - https://youtu.be/M1qsqy4VWS8Tara shares her magical experience visiting Copenhagen, where she immersed herself in the wonder of winter, the charm of Christmas markets, and the intentionality of Danish culture. From sipping warm mulled wine in real mugs to embracing the glow of candles and fires, her journey emphasizes how simple joys and cozy spaces can bring a sense of peace and presence.Key takeaways include:The Power of Environment: How thoughtful surroundings impact happiness and well-being.The Magic of Winter: Learning to appreciate the slower, reflective pace of the season.Hygge Practices: Ideas like lighting candles, enjoying warm foods, creating inviting spaces, and engaging with loved ones.Gratitude and Mindfulness: Simple practices like the "5 Senses Exercise" to help anchor you in the present.The episode is a reminder to slow down, embrace simplicity, and find beauty in the everyday.Ready to bring the spirit of coziness into your own life? Download our updated blog, The Art of Coziness, for practical tips to create a warm, inviting space and cultivate gratitude. Visit https://www.goodwininvestment.com/finding-joy-the-danish-way-life-lessons-from-the-worlds-happiest-people/ to access the blog and subscribe for more insightful content. Embrace the magic of the moment—because every day is a special occasion!If you want an expert in Canton, GA who can give sound advice and help you navigate how to invest your wealth best and plan for your retirement, reach out to us to schedule a quick call. One of our CFP® professional wealth advisors would love to discuss your individual goals and options with you. The first step in our process is to schedule a free 15-minute intro call with our Goodwin Investment Advisory consultant here. 

In this podcast episode, host Tim Goodwin and guest Joe Beckford (affectionately called "Beckforth") discuss the role and benefits of fee-only financial advisors, addressing common misconceptions. Joe, a senior advisor at Goodwin Investment Advisory, explains that fee-only advisors are compensated solely by client fees, without commissions from third-party products. They delve into the three primary compensation models: Asset Under Management (AUM), which charges a percentage of managed assets; flat fees, which involve fixed payments; and hourly fees, billed for specific advice or services. Goodwin Investment Advisory prefers the AUM model as it aligns client and advisor interests, incentivizing portfolio growth while providing comprehensive financial planning, tax strategies, and risk management.The discussion highlights that fee-only advisors are not inherently more expensive but focus on long-term value by minimizing fees, maximizing returns, and reducing financial anxiety. Transparency is a cornerstone of the firm's approach, with no commissions accepted since its founding, and clients are encouraged to ask about compensation and review credentials, complaints, and testimonials when selecting an advisor. The episode wraps up with a reflection on the meaningful relationships built through ongoing client engagement and a note of gratitude, emphasizing the importance of trust and collaboration in financial planning.

In this episode, Tim Goodwin and Justin Pitcock walk listeners through the Year-End Financial Planning Checklist designed to help you close out the year with a solid financial plan. The conversation covers critical topics like:Estate and Disability PlanningReviewing estate planning documents (wills, trusts, POAs, and healthcare directives).Updating beneficiary designations to ensure alignment with your wishes.Preparing a list of instructions for loved ones in case of death or disability.Exploring the benefits of giving early inheritances within the annual exclusion limit.Retirement PlanningMaximizing 401(k) contributions and understanding new catch-up contribution rules.Evaluating the benefits of Roth conversions for long-term tax strategy.Investment PlanningRebalancing portfolios to ensure alignment with risk tolerance and time horizon.Managing concentrated stock positions to mitigate risks.Utilizing tax strategies like capital gains harvesting and loss carryforwards.Tax PlanningLeveraging Health Savings Accounts (HSAs) for triple tax advantages.Exploring donor-advised funds (DAFs) for streamlined and impactful charitable giving.Utilizing state-specific tax strategies like Georgia's Heart and Goal Programs and SALT cap workaroundsWant to dive deeper into these strategies? Download our Curated End-of-Year Planning Guide to make the most of your financial planning this season. Download NowIf you're unsure where to start or need personalized guidance, schedule a no-obligation introductory call with our team. We're here to help! Schedule a Call

In this episode of the Money Pig Podcast, Herman Hugo, a  client turned compliance expert at Goodwin Investment Advisory, shares his journey from Silicon Valley to Georgia and the financial strategies he used during major life transitions. The discussion covers navigating job changes, equity compensation, health insurance planning, Roth conversions, and retirement strategies like the Rule of 55.The episode also touches on managing divorce and business sales, emphasizing the importance of expert guidance and collaborative planning to reduce stress and increase financial confidence.If you’re navigating a life transition, schedule a free intro call to get personalized guidance and support from our team. https://www.goodwininvestment.com/contact-us/

In part two of this engaging podcast series, we wrap up our discussion on the 10 most common financial mistakes wealthy individuals make in their 50s before retiring. With guest Joe Beckford IV, we tackle the final four mistakes and dive into actionable strategies to avoid them.The episode highlights:1. Forgoing a Retirement & Financial Plan: Many people excel at wealth accumulation but lack a strategy for how to manage it in retirement. A solid plan, including decisions about Social Security, pensions, and 401(k) rollovers, is critical.2. Emotional Investing: Fear-driven decisions can lead to costly missteps. Hiring an advisor can provide an objective perspective and help you stick to a rational, long-term investment strategy.3. Neglecting Diversification: While concentration might build wealth, diversification preserves it. The team discusses the importance of balancing investments across asset classes to mitigate risk.4. Failing to Consider Estate Planning: A comprehensive estate plan, including a will, healthcare directive, and durable power of attorney, ensures your legacy is protected and minimizes stress for loved ones.Joe shares practical insights and anecdotes, including the consequences of neglecting these essential financial decisions. This episode emphasizes the importance of intentionality and proactive planning to secure your financial future.To dive deeper into these topics and learn about all 10 critical mistakes, check out our blog post, "Wealthy Woes: 10 Mistakes Wealthy Individuals Make in Their 50's Before Retiring". It’s packed with insights to help you avoid common pitfalls and plan effectively for retirement. Don't miss out!

In this episode, we explore the first six of ten common mistakes that wealthy individuals often make in their 50s as they approach retirement. We discuss the importance of reassessing investment strategies, the risks of not planning for healthcare costs, and the pitfalls of underestimating longevity. We also delve into the consequences of ignoring tax-efficient strategies, the dangers of overconcentration in certain assets, and the oversight of not updating estate plans to reflect current wishes.This is part one of a two-part series aimed at helping you navigate the complexities of retirement planning. To gain deeper insights and avoid these costly errors, we encourage you to read our detailed blog post, "Wealthy Woes: 10 Mistakes Wealthy Individuals Make in Their 50's Before Retiring". Stay tuned for our next episode, where we'll cover the remaining four mistakes and provide strategies to help secure your financial future.

In this informative episode, Goodwin Investment Advisory dives into healthcare options for those considering early retirement with guest expert Merle Jabr from Potter Risk Advisors. Many clients wonder if they can afford to retire early, but healthcare costs often stand in the way. Merle breaks down essential options for retirees under 65 who aren’t yet eligible for Medicare, including COBRA, retiree benefits, individual marketplace plans with potential subsidies, and medical bill-sharing programs like Metashare.For business owners, Merle shares the often-overlooked small group plan, where a family LLC may qualify for more affordable healthcare rates. She also stresses the importance of understanding each plan’s details and potential limitations, helping retirees feel confident about leaving the workforce without sacrificing coverage.If you’re considering early retirement and want more guidance, download Goodwin Investment Advisory’s free guide, Navigating Healthcare in Early Retirement. This resource covers healthcare options, costs, and tips for creating a healthcare plan that fits your lifestyle—so you can pursue retirement on your terms.4o

The podcast features a discussion with Merle Jabr, a health insurance expert who has helped many retirees navigate their Medicare options, including group plans for businesses. The host, Tim Goodwin, opens with a light-hearted dad joke but quickly shifts her focus to Medicare, outlining its importance for those nearing age 65 or those with disabilities. Merle explains that while most Americans become eligible for Medicare at age 65, certain individuals can qualify earlier if deemed totally disabled through the Social Security Administration.The conversation covers various Medicare parts:Part A (hospitalization and skilled nursing), which is generally premium-free due to payroll taxes paid during working years.Part B (doctor visits, diagnostic testing), which has a premium based on income and may involve additional surcharges.Part D (prescription drug coverage), which covers medications, though beneficiaries can choose different plans to fit their needs.They also discuss Part C (Medicare Advantage), which is marketed as a lower-cost alternative to the traditional A, B, and D plans but comes with a network of care providers that may limit hospital choices. Supplement plans (Medigap) that fill coverage gaps for costs not covered by traditional Medicare are also explored.Merle emphasizes the importance of planning for Medicare premiums based on income, suggesting individuals start planning for enrollment a couple of years before turning 65 to minimize the impact of income-based surcharges.The podcast closes with Merle sharing a personal gratitude story about her son, Phoenix, and information on how listeners can contact her company, Potter Risk Advisors, for further assistance. If you are looking for an advisor that cares about you and all the aspects of your retirement including insurance coverage, even though we do not sell it or make commissions, please reach out to Goodwin Investment Advisory to schedule an introductory call. We would love to help guide you in creating a retirement plan that is tailored to your specific needs and goals.  We love helping clients retire to a meaningful and purposeful retirement.  Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance and compliance with securities laws and regulations.  Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast.  The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.

In this episode, Justin Pitcock, CFP®, shares valuable insights on how to estimate your expenses in retirement. Many individuals find it challenging to figure out how much money they'll need each month after they retire. Justin breaks it down by first reviewing your current cash flow—examining what's coming in each month and subtracting any retirement or non-retirement savings to determine your present cost of living. From there, he accounts for inflation and considers changes in expenses like healthcare, insurance, and taxes. He also highlights the importance of working with a financial advisor to optimize your retirement plan and ensure your financial peace of mind. Check out this guide: https://www.goodwininvestment.com/guides/get-the-7-steps-happy-retirement-guide/Chapters00:00 Introduction and Dad Jokes00:50 Importance of Estimating Expenses in Retirement02:14 Calculating Current Cost of Living03:14 Adjusting for Inflation and Changing Expenses08:25 Healthcare, Insurance, and Taxes in Retirement Expenses10:22 Life Insurance and Taxes in Retirement14:08 Optimizing Retirement Expenses with a Financial Advisor15:37 Gratitude and Conclusion

In this episode, Ray Brown and the Goodwin Investment Advisory team discuss when and why homeowners should consider refinancing their mortgage. They cover topics such as the importance of interest rates, the difference between principle and interest (P&I) and private mortgage insurance (PMI), how to remove PMI, reasons to consider refinancing (such as reducing monthly payments or improving creditworthiness), the impact of closing costs, the pros and cons of fixed-rate and adjustable-rate mortgages, and the importance of considering the long-term implications of refinancing.Chapters00:00Introduction and Dad Joke02:06Removing PMI and the Benefits of Building Equity08:02The Impact of Closing Costs10:02Pros and Cons of Fixed-Rate and Adjustable-Rate Mortgages12:52Considering the Long-Term Implications of Refinancing17:05Gratitude and Conclusion

In this episode of the Money PIG Podcast, the host, Tim Goodwin, welcomes back Reid Trego for a special discussion. Reid, who is stepping back from regular podcasting due to a new career, shares insights about his intentional approach to life and planning with his wife, Christy. They discuss their "world domination" planning sessions, which cover aspects like finances, fitness, faith, and fun, with a humorous twist on procrastination and reducing stress. The conversation also touches on the importance of setting realistic goals, tracking progress, and maintaining connections within the family. The episode ends with a reflection on gratitude, highlighting the joys of travel, work, and time spent with loved ones.

What Couples Talk About When They Talk About MoneyDescriptionMoney PIG Host, Reid Trego is joined by Tim and Maureen Goodwin for insights on discussing finances within couples, focusing on security, stress reduction, and emotional considerations. They emphasized the impact of past experiences on present financial attitudes and the importance of open communication to prevent conflicts and foster trust. Key points included avoiding consumer debt, maintaining an emergency fund for peace of mind, and regular net worth tracking. Practical budgeting advice involved strategies like using YNAB or spreadsheets.Attendees shared personal stories of debt struggles and childhood money-related traumas, highlighting how emotions influence financial decision-making in relationships. Pro tips suggested addressing spending triggers linked to past traumas for a healthier financial approach. The future objectives revolved around financial freedom through responsible budgeting practices and promoting generosity towards others. Participants were encouraged to take concrete steps throughout the year to enhance their financial well-being in alignment with individual goals.

DescriptionHost Reid Trego,  and Financial Planner Joe Beckford discuss a listener question from a woman handling her husband's $28,000 employer-sponsored 401k upon job departure. They stressed not leaving money with an old employer and highlighted options like rolling over your old employer 401k  into a new plan or opening IRAs for pre-tax and Roth contributions. They explained retirement plans such as 401k, advising against cashing out for speculative investments. Joe Beckford elaborated on retirement plans like 403b and 457, emphasizing the importance of understanding investment choices within IRAs or employer-sponsored plans for growth potential. They discussed diversification tailored to risk tolerance, cautioning against early withdrawals before 59 and a half years old. Joe recommended professional help for large sums and self-investment in index funds.The discussion underscored the risks of mishandling rollovers and stressed timely actions to avoid tax liabilities. They promoted proactive financial planning aligned with individual goals amid regulatory compliance complexities. The podcast offered insights on optimizing financial decisions during retirement transitions, emphasizing awareness of pitfalls related to taxation and investments to manage portfolios effectively. You can also check out our blog titled, “How to Rollover Your 401k?”If you want an expert who can give sound advice and help you navigate how to invest your wealth best and plan for your retirement, reach out to us to schedule a quick call. One of our CFP® professional wealth advisors would love to discuss your individual goals and options with you. The first step in our process is to schedule a free 15-minute intro call with our Goodwin Investment Advisory consultant here. Reid Trego hosts the Money PIG podcast.  Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance and compliance with securities laws and regulations.  Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast.  The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.