The Money Pig Podcast

What's the Point of Money if you Never Enjoy it?

www.goodwininvestment.com — Tue, 23 Jun 2026 10:30:00 GMT

In episode #118, “What’s the Point of Money If You Never Enjoy It?”, Tim and Joe explore a question many diligent savers and high earners eventually face: what is the point of building wealth if you never actually use it to enjoy your life? They explain that many financially successful people struggle to spend because their entire identity has been built around working hard, living below their means, and saving consistently. That formula helped them build wealth, but it can also create a scarcity mindset where spending feels uncomfortable—even when they can clearly afford it. For anyone wrestling with how to enjoy money without guilt or wondering why saving feels easier than spending, this episode hits home.

A major theme in the episode is that money should be a tool for both security and enjoyment. Tim Goodwin and Joe Beckford talk about how fear, uncertainty about the future, comparison, and childhood beliefs about money often keep people from using their wealth in meaningful ways. They point out that many people keep pushing joy into the future with thoughts like, “I’ll relax when I retire,” or “just a few more years.” But life is uncertain, and waiting too long can mean missing the healthiest, most active years of retirement.

Their message is clear: financial freedom is not just about accumulating money, but about using it wisely to create experiences, peace of mind, and a life you actually enjoy.

The conversation also highlights practical signs that you may be saving too much and enjoying life too little. If you never take vacations, always choose the cheapest option even when you do not need to, feel anxious about spending, or let work drain all your energy before your family gets what is left, those may be warning signs. Tim and Joe encourage listeners to think in terms of retirement lifestyle planning, not just retirement account balances. They describe the “go-go, go-slow, and no-go” stages of retirement, explaining that the early years of retirement are often when people have the best combination of time, money, and health. That is why they encourage intentional spending during those years, especially on travel, family memories, and meaningful experiences.

https://www.goodwininvestment.com/how-to-run-out-of-money-in-retirement/

https://www.goodwininvestment.com/living-richly/

https://www.goodwininvestment.com/living-luxuriously-3-ways-millionaires-enjoy-their-full-retirement/

Andy Stanley - Choosing to Cheat: Who Wins When Family & Work Collide?

Why Am I So Burned Out Even Though I’m Successful?

www.goodwininvestment.com — Tue, 09 Jun 2026 10:00:00 GMT

In episode #117, “Why Am I So Burned Out Even Though I’m Successful?”, Tim Goodwin and Joe Beckford unpack a question many high achievers quietly ask themselves: why do I feel exhausted when my career, finances, and life look successful on paper? They describe burnout as the result of constantly performing, carrying responsibility, and staying “on” for too long without real rest. For many successful professionals, the very habits that helped them build a great life—discipline, ambition, and persistence—can also create mental fatigue, resentment, and the urge to walk away from it all. This episode speaks directly to anyone dealing with career burnout, success fatigue, or the feeling of being trapped by the life they worked so hard to create.

A major theme of the conversation is that success does not protect you from burnout. Tim and Joe explain that high performers often become so used to pushing through stress that they forget rest is part of the process, not a reward after the process. They compare it to training a muscle: without recovery, even strength begins to break down. That is why they emphasize the importance of slowing down through practices like counseling, Sabbath rest, time away, hobbies, exercise, and simply creating space to think. Their point is clear: if you never step back, your body, mind, and emotions will eventually force the issue.

The episode also offers practical guidance for people wondering whether they should quit their job or make a major life change. Rather than making a rash decision in the middle of burnout, Tim and Joe encourage listeners to explore other options first. That could mean negotiating part-time work, shifting to contract or 1099 work, taking a sabbatical, pursuing semi-retirement, or building a financial plan that creates more flexibility. They stress that many people have more choices than they realize, especially when they sit down with a financial planner and look closely at retirement readiness, income needs, healthcare options, and long-term tax strategy. For listeners searching for answers around how to deal with burnout, when to quit your job, or how to retire early without panic, this conversation offers a calm and thoughtful framework.

Ultimately, the episode is about reclaiming freedom before burnout leads to a breaking point. Tim and Joe encourage successful but exhausted listeners not to wait until they are desperate to “pull the rip cord.” Instead, they recommend paying attention to early signs of stress, building rhythms of rest, and making career decisions thoughtfully rather than impulsively. The message is both compassionate and practical: if you are burned out even though you are successful, you are not broken, and you are not stuck. With the right support, a healthy plan, and permission to slow down, it is possible to protect your health, preserve your wealth, and build a version of success that actually feels sustainable.

https://www.goodwininvestment.com/liquidation-events/

https://www.goodwininvestment.com/handling-financial-anxiety-with-nate-mirabella/

The Cost of Always Being the Responsible One

www.goodwininvestment.com — Tue, 26 May 2026 10:00:00 GMT

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/

Is Your Financial Advisor Saving You Enough in Taxes?

www.goodwininvestment.com — Tue, 19 May 2026 17:25:09 GMT

Maximize Your Tax Savings with Strategies You Need to Know

Understanding 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 strategy
The concept of tax gain harvesting and how to leverage your low-tax brackets
The benefits of using Separately Managed Accounts (SMAs) for tax efficiency
How to optimize your retirement distributions to avoid Medicare surcharges and maximize subsidies
Practical examples illustrating how these strategies can save you thousands annually

Key Insights and Takeaways

Tax 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-planning

Additional 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.

You Don’t Need More Advice — You Need This

www.goodwininvestment.com — Tue, 19 May 2026 17:19:20 GMT

Why Human Behavior and Accountability Drive Lasting Change

In 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:

Additional 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/

Why AI isn't Your Life Coach

www.goodwininvestment.com — Tue, 19 May 2026 15:41:39 GMT

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 responses
Why AI cannot replace the emotional intelligence of mentors or therapists
The critical role of human mentors in providing context, accountability, and personalized advice
How trusted guides influence decision-making and long-term goals
The risks of relying solely on AI for personal and relational development
How technology can complement, but not substitute, human connection and wisdom

Resources & Links:

Book: The Gift of Mentoring by Malcolm S. Knowles — For insights on mentoring relationships
How to Build Trust and Influence Mentors — Article on cultivating meaningful mentorship
Dave Ramsey — Financial mentorship inspiration
The Power of Human Mentors — Harvard Business Review piece on mentorship importance

Connect with Tim & Joe:

In 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.

You’re Not Behind — You’re Just Playing the Wrong Financial Game

www.goodwininvestment.com — Tue, 19 May 2026 15:09:09 GMT

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 autopilot

Rather 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 cover

Why missed planning opportunities can quietly cost more than market swings
Commonly 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 cash
Where money often leaks out through taxes, disorganization, and unaligned advisors
Why your financial advisor, CPA, and estate attorney need to work together
How assumptions about last year can lead to surprises in the next one
The real cost of waiting includes penalties, missed tax savings, and outdated estate documents
One key area to review in 2026 is the different tax types your money is invested in and why having a mix matters.

The big takeaway
Be 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 Goals

Blog Post: Things You Didn’t Know a Financial Advisor Could Do For You

Podcast: Things You Didn’t Know a Financial Advisor Could Do For You

What Could Cost You More Than You Expect in 2026

www.goodwininvestment.com — Tue, 19 May 2026 14:51:42 GMT

Money PIG Podcast Episode 111

What could cost you more than you expect in 2026

In 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 I

Podcast: Things we do not recommend and why, Part II

Like, subscribe, and enjoy the episode? Leave us a review if this resonated with you!

The Real Cost of Divorce and Why You Don’t Have to Face It Alone

www.goodwininvestment.com — Tue, 19 May 2026 14:32:29 GMT

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 Steps

Download our divorce planning checklist/guide
Schedule a conversation with Joe, who has guided countless individuals through the financial side of divorce
Additional 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.

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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!

Lessons learned from people 20 years ahead of you

www.goodwininvestment.com — Wed, 13 May 2026 21:43:42 GMT

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/) .

REBOOT! When should I hire a Financial Advisor?

www.goodwininvestment.com — Mon, 22 Apr 2024 10:00:00 GMT

Episode 59 - When should I hire a Financial Advisor?

GIA Founder Tim Goodwin, CFP®, joins the Money PIG Podcast to talk about when people need to hire a Financial Advisor?

Learn about SINKs, DINKs and HENRYs

Are you wondering, “When can I retire?” Will I have enough money to retire comfortably? How do I determine the best time to retire? Is there anything else I should know or be doing to better prepare myself and my family for retirement?

Are you frustrated with your current advisor? Do you feel your current financial advisor actively listens to your goals and helps you attain them? Do you trust your advisor to put your best interests first? Do you have security and confidence when it comes to your financial plan and wealth management?

Is managing your investments becoming too stressful and feel like a part-time job?

Are you experiencing a significant life transition such as changing jobs, getting married, getting a promotion, moving, retiring, having a baby, going through a divorce or recently widowed?

If you are looking to hire a financial advisor or someone to manage your wealth and help you plan your retirement and legacy, please reach out and tell us your story by scheduling an intro call with our Goodwin Investment Advisory consultant here.

Download our Investor’s guide to your right-fit advisor, or download Tim Goodwin, Certified Financial Planner™ PROFESSIONAL’s free book, Exponential Wealth.

The Money PIG podcast is hosted by Reid Trego. 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.

Episode 103 - Generosity at the Heart Supporting FCA’s Mission in Cherokee County

www.goodwininvestment.com — Tue, 25 Nov 2025 05:00:00 GMT

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

Episode 102 - The Ripple Effect of Generosity with Dale Alexander

www.goodwininvestment.com — Tue, 11 Nov 2025 18:00:00 GMT

The Ripple Effect of Generosity with Dale Alexander
Money Pig Podcast – Episode 102

In 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!

Episode 81 - The Art of Coziness with Tara Bruce

www.goodwininvestment.com — Tue, 21 Jan 2025 11:00:00 GMT

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/M1qsqy4VWS8

Tara 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.

Episode 79 - End of the Year Planning Guide with Justin Pitcock

www.goodwininvestment.com — Tue, 24 Dec 2024 10:00:00 GMT

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 Planning

Reviewing 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 Planning

Maximizing 401(k) contributions and understanding new catch-up contribution rules.
Evaluating the benefits of Roth conversions for long-term tax strategy.
Investment Planning

Rebalancing 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 Planning

Leveraging 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 workarounds

Want 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 Now

If 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

Episode 77 - Wealthy Woes: 10 mistakes wealthy individuals make in their 50's before retiring Pt. 2

www.goodwininvestment.com — Tue, 26 Nov 2024 10:00:00 GMT

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!

Five common mistakes people make with their finances

www.goodwininvestment.com — Mon, 25 Mar 2024 10:00:00 GMT

Episode 55 - FIVE COMMON MISTAKES PEOPLE MAKE WITH THEIR FINANCES.

Description

Host 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.

Pop Pop's Birthday Freebies!

www.goodwininvestment.com — Mon, 22 Jan 2024 11:00:00 GMT

Episode 46 - Pop Pop's Birthday Freebies

Description
Reid Trego welcomes CERTIFIED FINANCIAL PLANNER™ Professional, Ray Brown, to the Money Pig podcast for a discussion about Poppop’s Birthday Freebies. Ray explains how he earned the nickname "Poppop" and shares how he became known as the birthday guy who collects freebies from various establishments on his special day. He discusses some of his favorite places to redeem birthday offers, including Brookwood Grill, Chick-fil-A, and Starbucks. He also mentions Jenny's Ice Cream as another popular spot.

Summary:

Various companies offer birthday promotions, such as free scoops at Baskin Robbins and 5% off at Target. AMC offers a free popcorn and drink, while Nike gives 10% off on purchases. Chipotle provides free guacamole for app users on their birthdays.

Kendra Scott offers 50% off jewelry items during the birthday month.

Anthropologie gives 20% off during the birthday month. If you want to the full list of freebies, check out our blog titled, “Poppop’s Birthday Freebies.” Ray mentions how GIA sends their clients a free birthday book of their choice from a catalog of almost 40 books.

Speaking of free things, Goodwin Investment Advisory is now offering a free second opinion on your retirement plan and if you schedule this call you will be speaking with Tara to complete a quick assessment. If you have a growing portfolio of $300,000 or more and would like a second opinion, please schedule a call here. After the call, one of our advisors will follow up with you to share action items and next best steps.

Should I pay cash for a car or finance it?

www.goodwininvestment.com — Mon, 08 May 2023 15:00:00 GMT

AI meeting summary:
Reid Trego hosts the Money Pig podcast and is joined by Ray Brown, an associate wealth advisor, to discuss ways to buy a car. They explore paying cash versus financing or leasing. Ray recommends paying cash as it's cheaper and encourages individuals to build up their savings over time. However, for those who can't save enough money upfront, they suggest putting 20% down and not financing for more than three years using the 20-3-8 Rule. Financing makes it easier to say "yes" to extras like warranties and upgraded features that increase the cost of the car in the long run.
Ray and the host of The Money Pig podcast discuss the pros and cons of buying, leasing, or financing cars. They suggest buying a used car to avoid depreciation costs, but acknowledge that there are instances where leasing may make sense for short-term use or business purposes. They also emphasize the importance of understanding one's personal goals when making financial decisions. Goodwin Investment Advisory does not offer personalized investment or tax advice through the podcast.
Keywords:Car, transportation, financing, leasing, budgeting, investments.

Outline:
Chapter 1: Introduction
Timestamp: 00:08 - 00:19
Reid Trego introduces the Money Pig podcast, sponsored by Goodwininvestment.com Advisory, with the aim of leading people to financial peace, independence, and generosity. Ray Brown, an associate wealth advisor, is a guest on the show to discuss transportation.
Chapter 2: Paying for Transportation
Timestamp: 01:25 - 05:26
Ray Brown and Reed TreeGo discuss the different ways of paying for transportation, including paying cash, financing, or taking a loan. Ray suggests paying cash, as it is the cheapest option and makes people think twice before making a purchase. He also recommends setting money aside in a sinking fund to save for future purchases.
Chapter 3: Financing Transportation
Timestamp: 06:30 - 10:02
The hosts discuss financing transportation and the emotional side of the process that can lead people to overspend. They recommend following the 23 eight rule, which means putting 20% down, not financing for more than three years, and not letting payments exceed 8% of income.
Chapter 4: Leasing Transportation
Timestamp: 10:08 - 14:47
Ray and Reed talk about leasing transportation, which can be a good option for short-term commitments or for people who want to avoid upfront costs. However, there are added fees and paperwork to consider, and the hosts suggest buying things that appreciate in value.
Chapter 5: Upgrading Transportation
Timestamp: 15:05 - 17:04
The hosts discuss the benefits of upgrading transportation over time, as people can reward themselves along the journey and avoid feeling like they have finished. They also highlight how financial advisors can help people manage and rebalance their portfolios of assets.
Chapter 6: Conclusion
Timestamp: 17:19 - 17:29
The hosts remind listeners that the information provided is for informational purposes only and does not constitute financial, tax, investment, or legal advice.

Notes:
Reed TreeGo is the host of the show and Ray Brown is the guest.
They are discussing transportation and ways to buy a car.
Ray suggests that paying cash for the car is the best idea.
He recommends using the 23 eight rule for financing a car.
They also discuss leasing a car and the hidden costs associated with it.
Upgrading to a used car is also suggested as an option.
The podcast is called "The Money Pig" hosted by Reed TreeGo.
The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.

Action items:
Based on the transcript, it appears that the main topic of discussion is different ways to buy a car. The follow-ups and action items are:
1. Discussing ways to buy a car: The podcast is c

Episode 87 - 10 Pro Tax Planning Tips for Early Retirees w/ Justin Pitcock (Part 2)

www.goodwininvestment.com — Tue, 15 Apr 2025 10:00:00 GMT

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 rate
Managing healthcare costs through income planning
Building a tax-efficient investment portfolio
The power of working with a CFP and CPA as your financial team

There’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 Retirees
No 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.

Episode 84 - The Legacy Will with Guest, Joe Beckford

www.goodwininvestment.com — Tue, 04 Mar 2025 11:00:00 GMT

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.

Episode 85 - Fisher vs Goodwin w/ guests Justin Pitcock & John Pratt

www.goodwininvestment.com — Tue, 18 Mar 2025 10:00:00 GMT

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 models
Why personalized service matters more than big-brand recognition
How Goodwin Investment Advisory prioritizes client relationships and proactive financial planning
A client’s firsthand experience of switching to Goodwin Investment Advisory

If 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 here

Visit 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!

Episode 98 - How to live “Your” Rich w/ Ray Brown, CFP®

www.goodwininvestment.com — Tue, 16 Sep 2025 10:00:00 GMT

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 future
Why “rich” looks different for everyone
How tracking progress builds both confidence and peace
Why your financial plan should evolve as life changes
How generosity, meaningful experiences, and “memory dividends” make wealth truly fulfilling

Whether 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.

Episode 96 - Tim Interviews His Kids About Money and Greenlight

www.goodwininvestment.com — Tue, 19 Aug 2025 10:00:00 GMT

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” buckets
Learning the value of giving (and how giving makes you feel great)
Investing in individual stocks and learning to ride the market ups and downs
Why financial conversations at home matter—and how to keep it fun

Plus, 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.

Episode 95 - Business Exit Strategy with Justin Pitcock

www.goodwininvestment.com — Tue, 05 Aug 2025 10:00:00 GMT

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 planning

From 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 structure
Avoid common pitfalls and financial regrets
Use tools like DAFs, tax loss harvesting, and equity rollovers
Preserve your legacy, culture, and team through thoughtful succession planning

And 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.

Episode 94 - Interview with Estate Attorney, Sarah White

www.goodwininvestment.com — Tue, 22 Jul 2025 10:00:00 GMT

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 foundational
How estate planning protects your legacy and reduces family stress
When you might need a trust (blended families, out-of-state property, special needs)
Why naming beneficiaries isn’t enough
How financial advisors and estate attorneys collaborate for your benefit

Whether you’ve got a beach house or backyard chickens, your legacy deserves protection.

Need help getting started? Visit GoodwinInvestment.com

Reach Sarah at Sarah@lawyersarah.com or visit LawyerSarah.com

Read 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.

Episode #107 The Best Financial Decision I Ever Made and the Worst

www.goodwininvestment.com — Tue, 20 Jan 2026 12:00:00 GMT

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.

Handling Financial Anxiety with Nate Mirabella

www.goodwininvestment.com — Mon, 25 Sep 2023 10:00:00 GMT

Episode 29 - Handling Financial Anxiety with Nate Mirabella

Reid Trego, Tim Goodwin, and Nate Mirabella discuss financial anxiety on the Money Pig Podcast. They explore the different causes of financial anxiety, including feeling out of control with money as well as societal pressures. They also discuss how uncertainty and market fluctuations contribute to anxiety. They emphasize the importance of making intentional decisions about spending and saving to reduce financial stress. Additionally, they highlight the challenges of navigating finances alone and advocate for seeking support from professionals or loved ones.

Dave Ramsey is mentioned and praised for his get out of debt strategy and mindset, but the show is not sponsored by Dave Ramsey. They stress the importance of reaching a point where you're tired of being in debt and want to take control of your finances. Building wealth takes time, just like achieving other goals in life. Getting rich quickly may not be sustainable because it doesn't teach proper money management. The speakers share personal stories about their individual journeys out of debt and how it improved their financial anxiety and peace within their relationships. They emphasize the importance of having an emergency fund to handle unexpected expenses without causing financial stress.

The importance of investing money for financial goals and the distinction between emergency funds and other investments are discussed. Automating financial processes, such as saving and investing, is recommended to combat financial anxiety. The benefits of having life insurance and personal liability umbrella policies are highlighted. It is emphasized that seeking advice from a trustworthy financial advisor can help reduce stress and stay focused on financial goals. The concept of defining one's own version of wealth or being financially free is also mentioned. Finally, they encourage individuals to take responsibility for their finances rather than adopting a victim mentality.

The speakers emphasize that individuals have the power to improve their financial situations and make more money. They suggest taking on additional work, like driving for Uber, if needed. It is important not to feel trapped in a rut but instead strive for personal growth and change. The speakers recommend finding an accountability partner or hiring a financial advisor to help achieve financial goals. Overall, they stress the importance of taking control of one's finances with support from others.

If you are looking for a Financial Advisor that does not think of you as just a number and truly cares not only about you as an individual and your unique financial goals, but also cares about your impact on your community, then please reach out to us to learn more about how we can help guide you.

Social Security for Freelance Workers

www.goodwininvestment.com — Mon, 11 Sep 2023 10:00:00 GMT

Episode 27 - Social Security for Freelance Workers

The Money PIG host Reid Trego is joined by Financial Advisor Ray Brown to discuss Social Security for freelance workers. They talk about the impact of being self-employed on retirement and Social Security savings. They explain how taxes work for W-2 employees and highlight that 7.65% of their income goes towards Social Security and Medicare. When someone becomes self-employed, they are responsible for both their own contribution as well as the employer's portion. also mentions deductions for legitimate business expenses and warns against unethical practices to avoid paying taxes. It concludes with a discussion about the challenges faced by self-employed individuals when it comes to tax payments.

For extra reading, we have a very popular blog on our website titled, “Freeland and Social Security.”

He discusses various aspects of income taxes, refunds, and Social Security. It highlights the misconception that tax refunds are free money and emphasizes the importance of setting aside a percentage of income for self-employed individuals. The conversation also touches on the future of Social Security and how it may change over time. Additionally, it mentions several sources of income that are not subject to Social Security tax, such as dividends, interest from stocks, rental property income, and certain partnerships. It stresses the need for accurate bookkeeping in order to determine true profits and manage finances effectively. Finally, it suggests considering other retirement savings options like Roth IRAs for both self-employed individuals and those with regular jobs.

There are two great retirement options for self-employed individuals: SEP IRA and self-employed 401K. The choice depends on factors like whether you have employees and how generous you want to be with benefits. A financial advisor can help navigate the complexities, and it's also advisable to consult with a CPA for tax considerations. Goodwin Investment Advisory offers personalized planning conversations tailored to individual goals. Listeners are encouraged to rate, review, and submit questions for future episodes of the MoneyPig podcast.

The Money PIG podcast is hosted by Reid Trego. 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.

How did the stock market perform in 2023?

www.goodwininvestment.com — Mon, 25 Dec 2023 11:00:00 GMT

Episode 42 - How did the stock market perform in 2023?

Description
The Money Pig podcast, hosted by Reid Trego, welcomes CERTIFIED FINANCIAL PLANNER™ professional Justin Pitcock to discuss GIA's investment portfolio performance in 2023. They emphasize that past performance does not guarantee future results and that each investor's experience may vary based on timing and market conditions. The S&P 500 has performed exceptionally well this year, with the Dow Jones total US market also showing strong growth.

Goodwin Investment Advisory prefers a US-biased approach due to historical data supporting its success and lower volatility compared to global portfolios. Their aggressive accounts have seen impressive returns, while more conservative accounts with higher bond allocations have performed slightly less but still out-performed their benchmarks. Bonds are expected to perform well in the current economic climate, with potential yields between 6% and 12%. Conservative portfolios are suitable for individuals nearing retirement or requiring short-term stability.

Listen to the podcast to hear specifically how our investment accounts outperformed the market in 2023. Justin Pitcock shares the specific percentages in comparison to the benchmarks. They share GIA’s investment performance net of fees and how even after paying the advisory fees our clients still did exceptionally better than the benchmarks.

Justin and Reid discuss that retirement investing is a long-term goal that typically uses a more aggressive approach when you are younger (20s and up) and more conservative the closer you are to retirement (60s). In selecting portfolios, GIA works with the team at Fidelity, and they use forward-looking assumptions to allocate capital and select funds for each category.

While there are no guarantees on performance, Goodwin Investment Advisory offers financial planning assistance and a free second opinion retirement plan assessment. They prioritize individual planning conversations about clients' goals and values.

Pensions - why are they so complicated?

www.goodwininvestment.com — Fri, 21 Apr 2023 05:00:00 GMT

Episode 7

Goodwin Investment Advisory Certified Financial Planner™ PROFESSIONAL, Justin Pitcock, joins The Money Pig Podcast to discuss Pensions - “Why are they so complicated?”

Should you take a lump sum payout or the annuitized payments?

What are your options for your pension?

How can you leave a financial legacy for your heirs?

Do you need someone to help you decide how to navigate whether to take a lump sum payout or monthly payments for your pension? If you would like to connect with an advisor on our wealth management team please schedule a free intro call here.

Do your values align with your financial advisor?

www.goodwininvestment.com — Mon, 15 Jul 2024 10:00:00 GMT

Episode 67 - Do your values align with your financial advisor?

Description

The Money Pig Podcast Episode features Tim Goodwin discussing values alignment, investment philosophy, client experience, Inside Out 2 and financial planning, website and marketing. Key points included the importance of aligning values between clients and advisors, personalized financial planning, and addressing financial anxiety.

How to pay off your student loans

www.goodwininvestment.com — Mon, 12 Feb 2024 11:00:00 GMT

Episode 49 - How to pay off your student loans with Ray Brown

Description
Ray Brown, an advisor at Goodwin Investment Advisory, joins host Reid Trego on the Money Pig podcast to discuss paying off student loans. Ray shares his personal experience of successfully paying off his own student loans and offers advice on how to tackle student loan debt. They emphasize the importance of avoiding excessive debt in the first place by exploring alternative options like scholarships and grants. However, if someone does have student loan debt, they suggest using a "debt snowball" approach by prioritizing and paying off smaller debts first before moving on to larger ones. They also encourage individuals to focus on eliminating debt as quickly as possible rather than relying on payment plans or stretching out repayment over many years. While it may be tempting to delay investing or saving for retirement while paying off debt, they recommend taking advantage of employer matches in 401(k) plans to ensure no free money is left on the table. They conclude by emphasizing the need to stay focused on long-term financial goals and visualize a future without debt in order to maintain motivation throughout the process.

Should I convert my IRA to a Roth?

www.goodwininvestment.com — Mon, 06 May 2024 10:00:00 GMT

Episode 60 - Should I convert my IRA to a Roth?

Description
Money PIG host Reid Trego was joined by financial advisor Justin Pitcock to discuss the benefits of Roth conversions, focusing on potential high RMDs in retirement, tax-free growth, and managing Social Security income taxation. The discussion showed that converting traditional accounts to Roth can help avoid high RMDs later on and provide withdrawal flexibility, considering different types of money (taxable, tax-deferred, and Roth) based on individual goals for retirement. Strategic management of these accounts can optimize tax implications during retirement, including legacy planning with charitable contributions and maximizing inheritances through Roth IRA conversions.

Detailed aspects, such as IRMA premiums, net investment income taxes, capital gains thresholds, and optimal conversion rates up to the top 22% tax bracket post-retirement, were considered. Explanations were given on managing provisional income levels to maximize Social Security benefits while minimizing taxation through strategic Roth conversions. The meeting also addressed legacy plans regarding leaving assets to children or charities after death, including Qualified Charitable Donations (QCD) from IRAs as a tax-efficient method for charitable giving or estate planning. It emphasized how personalized financial advice can effectively navigate complex financial decisions for long-term wealth management strategies.

Overall, the discussion highlighted the importance of Roth conversions in managing retirement funds and reducing tax burdens. By utilizing strategies such as converting traditional accounts to Roth, individuals can potentially avoid high RMDs, manage taxation on Social Security income, and optimize legacy planning. Considering different types of money and planning strategically can help in maximizing benefits while minimizing tax implications during retirement, ensuring effective long-term wealth management. The meeting showcased how personalized financial advice, tailored to individual goals and circumstances, can offer effective solutions for navigating financial complexities and securing financial stability for the future.

How Much Money is enough to Retire?

www.goodwininvestment.com — Mon, 17 Jun 2024 10:00:00 GMT

Episode 64 - How Much Money is enough to Retire?

In the podcast episode titled "Money Pig Podcast Episode 64," hosted by Reid Trego and Justin Pitcock from Goodwin Investment Advisory, several key topics related to retirement and financial planning were discussed. The episode began with an introduction and welcome, followed by an exploration of different cultural perspectives on retirement and the transition from wealth accumulation to spending it. The hosts introduced the FIRE (Financial Independence, Retire Early) movement and discussed the balance between saving and enjoying life, including the concept of Financial Independence, Next Endeavor (FINE). They detailed steps for calculating retirement needs, such as cost of living, inflation adjustments, and withdrawal rules, emphasizing individual circumstances. The importance of detailed retirement planning with the aid of planning software was highlighted, along with encouragement to use Goodwin Investment Advisory's resources. The episode concluded with light-hearted banter on yard maintenance and a mention of action items, specifically for Justin Pitcock to review and update the retirement planning guides on their website.

Is now a good time to buy an EV?

www.goodwininvestment.com — Mon, 21 Aug 2023 10:00:00 GMT

Episode 24
Reid Trego, the host of the Money PIG podcast, is joined by Ray Brown, a financial advisor at Goodwin Investment Advisory. They discuss automobiles and the misconception that cars are investments. They also address listener questions about buying electric vehicles (EVs) and whether it's better to lease or get a car loan in light of rising interest rates. The discussion highlights the availability of tax credits for EV purchases in 2023 and later. It emphasizes that while EV prices have dropped, buyers should consider the true value of the vehicle after accounting for tax credits. Finally, they touch on the complexity of navigating car financing options and caution against viewing cars as investments due to their depreciation in value over time.

GIA's 2024 Retirement & Tax Planning Quick Sheet

www.goodwininvestment.com — Mon, 15 Jan 2024 11:00:00 GMT

Episode 45

Description
Reid Trego welcomes CERTIFIED FINANCIAL PLANNER™ professional Justin Pitcock to the Money Pig podcast for a discussion about Goodwin Investment Advisory’s “2024 Retirement and Tax Planning Quick Sheet.” The guide is designed to simplify tax planning, which can be complicated due to inflation and legislation changes. Listeners are encouraged to visit the website to download the guide or sign up for our blog list by texting the word “BLOG” to 66866. The conversation covers various topics such as retirement plan contribution limits, HSA contributions, marginal tax rates, and standard deductions. Tax planning strategies are discussed based on total income, deductions, and taxable income levels.

Justin mentions various strategies to minimize taxes for retirees. He explains how a Roth conversion can be used to pay zero tax, as long as the taxable income is below a certain threshold. He mentions the progressive nature of tax brackets and recommends contributing to a Roth 401k or traditional 401 k based on marginal rates. The conversation then moves on to capital gains tax rates and suggests ways to realize capital gains at zero tax by upping the basis. Provisional income and its impact on Social Security taxation are also discussed, with tips on how to plan for low provisional income in retirement. They conclude by emphasizing the value of personalized investment advice that takes into account individual situations and goals.

Goodwin Investment Advisory is now offering a free second opinion on your retirement plan and if you schedule this call you will be speaking with Tara to complete a quick assessment. If you have a growing portfolio of $300,000 or more and would like a second opinion, please schedule a call here. After the call, one of our advisors will follow up with you to share action items and next best steps.

Issues to consider in the case of a divorce

www.goodwininvestment.com — Mon, 18 Dec 2023 22:00:00 GMT

Episode 41 - Issues to consider in the case of a divorce

Description

Reid Trego welcomes certified financial planner Joe Beckford, CFP® professional and Wealth Planner, to discuss Goodwin Investment Advisory's guide titled, “2024 Divorce Financial Planning Checklist” In recognizing the sensitivity of this matter and wanting to honor and respect your privacy; Goodwin Investment Advisory does not collect your email, name, or phone number for this guide.

Joe and Reid understand that divorce can be overwhelming and that a long list of to-dos may seem like an impossible task, so they recommend finding a trusted professional to help you get through these items one at a time. The hope is that this checklist they mention will provide some help for you by combining many of the items you need to consider.

They acknowledge that divorce is a difficult and grief-inducing process, but it's important to address the financial aspects as well. Joe Beckford talks about cash flow issues, asset and debt division, insurance planning, tax planning, and long-term planning. Reid and Joe both emphasize the need for clear thinking and assistance in managing personal finances during this time. Additionally, they highlight the complexities of dividing assets and debts fairly between spouses through negotiations or arbitration rather than strictly following equal splits. They also mention the use of qualified domestic relations orders (QDROs) for splitting employer-sponsored plans like 401(k)s in divorce settlements.

Please reach out to us if you have any questions as you navigate this process. We want to be available and support you in any way we can.

Get your free checklist

As you are going through the checklist you might need access to our flowcharts for the following: (Please reach out to us if you would like to receive these or if you want to walk through them with your advisor)

Am I eligible for Social Security benefits if I have been divorced?
Am I eligible for Social Security benefits as a surviving spouse?
Am I eligible for Social Security benefits as a spouse?
Will my Social Security benefits be reduced?

If you want to talk to one of our advisors, you can click the Schedule a call button below.

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End of Year Tax Savings!

www.goodwininvestment.com — Mon, 11 Dec 2023 11:00:00 GMT

Episode 40 - End of Year Tax Savings

Description

Reid Trego welcomes the audience to the Money Pig podcast, joined by Tim Goodwin, for a discussion on end-of-year planning.

Tax Tips:

No Wash Sale with Cryptocurrency - If you have a crypto account and unrealized losses... you could save on taxes this year.

There’s an extra benefit that cryptocurrency has over stocks and other conventional assets when selling at a loss. The IRS states that for tax purposes, virtual currency should be treated as property rather than as a capital asset, like a stock.

This is important because capital assets are subject to wash sale rules while property is not. (This is true as of Dec. 2023, but might be changing in the future)

Wash sale rules bar investors from artificially harvesting tax benefits by selling capital assets for a loss and then immediately repurchasing the same or a broadly similar asset within thirty days of the sale. Since crypto isn’t considered a capital asset, it’s not subject to the rule.

So, if you’ve got unrealized losses but want to hold your crypto long-term, you could sell your crypto positions, immediately repurchase them, and still be allowed to realize the loss on your taxes.

Remember, capital losses can offset capital gains and up to $3,000 of your income.

Failure to pay your estimated income tax comes with an 8% penalty this year - Failing to keep up with tax payments now could lead to an expensive surprise next spring. As of Oct. 1, the Internal Revenue Service charges 8% interest on estimated tax underpayments, up from 3% two years ago. The increase is one of the many effects of rising interest rates. To learn more, read the article titled "The Surprise Bill Coming to Those Who Do Underpay Their Taxes." If you live in Georgia, the State's estimated underpayment penalty is 5% for 2023.
You can now take up to $1000 in an emergency withdrawal from your IRA - A provision in the Secure 2.0 Act allows special emergency distributions of up to $1,000 per year beginning in 2024. You can withdraw the money penalty-free and repay it over three years. Within those three years, no other emergency distributions can be taken out of the account unless the amount has been repaid. The new rule would waive the 10% early-withdrawal tax penalty for savers who pull up to $1,000 from a 401(k) or individual retirement account for a financial hardship. This rule also lets savers self-certify that they need the funds.

If you want help managing and investing your money, or just a second opinion on your retirement plan, one of our CFP® professional wealth advisors would love to discuss your individual goals and options with you. Please reach out by scheduling a free 20 minute intro call with our Goodwin Investment Advisory consultant here.

FREE Second Opinion Retirement Plan Assessment

www.goodwininvestment.com — Mon, 04 Dec 2023 11:00:00 GMT

Episode 39 - FREE Second Opinion Retirement Plan Assessment

Description

Reid Trego and Tim Goodwin discuss the Free Second Opinion Retirement Plan Assessment (FSORPA), which is a simple assessment designed for people who are seriously thinking about retiring or have recently retired. Goodwin Investment Advisory is offering a Free Second Opinion Retirement Assessment to anyone with a growing portfolio of $300,000 or more from one of their CFP® professional Advisors.

To Schedule your assessment click here.

The assessment helps individuals gauge their ability to save for retirement, evaluate their withdrawal rate from investable assets, assess home equity, consider potential inheritances, and determine retirement expenses. The FSORPA aims to provide valuable insights and guidance on retirement planning.

Tim and Reid discuss various aspects of retirement planning, including the importance of covering basic necessities with fixed income, the role of insurance in protecting wealth, the need to invest cash assets for long-term growth, and considering potential liquidity events. The conversation emphasizes the value of assessing one's financial situation and seeking professional advice to ensure a secure retirement plan.

To get a free Second Opinion retirement plan assessment, visit their website and schedule a call with one of their GIA consultants. They also offer a free blog with helpful content that has been regularly updated for several years. The blog has a high open rate and offers quick wins, guides, and resources. They recommend subscribing to the blog if you want to learn more about what is discussed on the podcast. An easy way to subscribe text BLOG to 66866. Additionally, they have checklists and an end-of-year planning guide available on their website.

Episode 82 - Exponential Wealth with Guest, Joe Beckford

www.goodwininvestment.com — Tue, 04 Feb 2025 11:00:00 GMT

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.

My fiancee thinks After Pay is the devil. Is he right?

www.goodwininvestment.com — Mon, 05 Jun 2023 10:00:00 GMT

Episode 15

AI meeting summary:
The Money Pig Podcast is broadcasting from the 2023 client appreciation event at Rocky's Lake Estate in Georgia. They discuss After Pay, a line of credit that allows consumers to pay for products over time with 0% interest, but caution against committing to purchases they wouldn't have made otherwise. Merchants pay After Pay, and the cost is factored into pricing. The podcast emphasizes the importance of delaying gratification and being aware of advertising tactics when making financial decisions.

What do retirees say is the best part of retirement?

www.goodwininvestment.com — Mon, 12 Jun 2023 10:00:00 GMT

Episode 16

At the Goodwin Investment Advisory Client Appreciation Event, retirees Fred and Jill Goodwin share their experiences. They emphasize how having financial peace allows them to focus on enjoying retirement, supporting ministries and traveling. They also mention the importance of investing in grandchildren and finding a pace that works for you. The podcast is hosted by Reid Trego from Goodwin Investment Advisory.

GIA's End of 2023 Planning Guide with Justin Pitcock

www.goodwininvestment.com — Mon, 20 Nov 2023 11:00:00 GMT

Episode 37 - The End of 2023 Planning Guide

Description
Reid Trego and CFP Justin Pitcock discuss Goodwin Investment Advisory's end-of-year planning guide on the Money PIG podcast. They highlight the importance of tax planning, maximizing employee benefits, understanding capital gains distributions, utilizing donor advised funds for charitable giving, and managing medical expenses. They also mention hobby loss rules for small business owners and paying state taxes through a pass-through entity to maximize deductions.

The discussion focuses on tax planning and estate and disability planning. Justin Pitcock mentions redirecting state tax liability to hospitals through programs like Georgia Heart Program. The importance of reviewing estate documents, beneficiary designations, life insurance policies, and disability insurance policies is emphasized in estate and disability planning. In terms of investment planning, it is important to understand the tax implications of mutual fund capital gains distributions and to schedule a meeting with an advisor to discuss goals and distribution strategies. Lastly, retirement planning involves ensuring that investments are performing enough to reach one's goals while considering a long-term investment horizon even after retirement.

Justin shares some financial tips and strategies emphasizing the importance of saving at least 15% of your income for retirement, especially if you start later in life. He also recommends increasing contributions to a 401K by 1% or more and highlights the need to understand how employer matching works. He suggests paying off debt incrementally rather than depleting an emergency fund all at once. The speaker advises maximizing Roth IRAs if eligible and considering backdoor Roths for higher-income earners. They mention taking required minimum distributions (RMDs) from traditional IRAs and caution against missing these distributions to avoid penalties. Additionally, they discuss Roth conversions as a strategy for those who are retired but not yet receiving Social Security benefits. The speaker touches on helping children fund Roth accounts early on and talks about the potential growth over time due to compound interest.

Parents who worry about their kids' debt

www.goodwininvestment.com — Mon, 27 Nov 2023 11:00:00 GMT

Episode 38 - Parents who worry about their kids' debt

Description
The podcast episode is about parents who are concerned about their adult children's credit card debt. The host, Reid Trego, is joined by the founder of Goodwin Investment Advisory, Tim Goodwin. They discuss the increase in credit card debt during the pandemic and share statistics on consumer debt. They talk about possible reasons for high credit card debt, such as inflation and using credit cards to cover increased expenses. The hosts also share personal experiences with managing debt and offer advice on how parents can approach their adult children about their financial situation sensitively. They suggest sharing personal stories and providing resources like books or bringing them to meet a financial advisor. The importance of teaching kids about finances is highlighted as well.

What factors affect the stock market in an election year?

www.goodwininvestment.com — Mon, 24 Jun 2024 10:00:00 GMT

Episode 65 - What factors affect the stock market in an election year?

Description

The Money Pig Podcast Episode 65 covered a range of topics including Social Security sustainability, GDP growth concerns, McDonald's Economy concept, stock market performance during election years, interest rates impact on investments, policy expectations and market volatility, and the importance of long-term investment strategies. The hosts emphasized the need to focus on long-term financial goals over short-term political outcomes and reminded listeners of personalized financial advisory services offered by Goodwin Investment Advisory. Key action items included recording an episode addressing client concerns about stock market performance during election years and linking McDonald's price increase data in the show notes.

What to do if you receive an Inheritance

www.goodwininvestment.com — Mon, 18 Sep 2023 10:00:00 GMT

Episode 28 - What to do if you receive an Inheritance with Joe Beckford

Reid Trego, host of the Money Pig Podcast, is joined by financial advisor Joe Beckford to discuss what to do when receiving an inheritance or windfall. They emphasize the importance of stewarding the money responsibly and recommend prioritizing needs first, such as creating an emergency fund and funding education goals. After addressing needs, they suggest paying off debts and considering wants like paying off a mortgage or investing in real estate or stocks. The approach taken with investing depends on the purpose and size of the windfall.

The transcript discusses the importance of understanding the purpose and time horizon of windfall money. It emphasizes the strategy of dollar cost averaging, which involves consistently investing a set amount over time to mitigate market fluctuations. The decision to employ this strategy depends on the size of the account and individual preferences. The conversation highlights that there is no one-size-fits-all approach to investing inheritance, as it depends on personal goals and circumstances. Being intentional with money and assigning specific purposes to each dollar is crucial for financial fulfillment. The podcast concludes by encouraging listeners to rate, review, and submit questions for future episodes.

We're newlyweds! Why should we combine our finances?

www.goodwininvestment.com — Mon, 07 Aug 2023 10:00:00 GMT

Episode 22 - Combining finances for newly marrieds

Reid Trego welcomes financial advisor Ray Brown to discuss combining finances as a newly married couple. They both believe that it's better to combine finances, especially for young couples in their first marriage. They reference a bank rate study that shows only 43% of married couples have combined their money. Another Cornell research study supports the idea that combining finances can strengthen relationships and improve satisfaction. They also talk about reasons why some couples choose not to combine finances, such as maintaining independence and self-identity. Reid and Ray suggest designing a plan together, including having one joint account and setting shared financial goals. They emphasize the importance of viewing assets collectively rather than separately, as divorce would consider all assets jointly owned anyway.
The couple discusses the importance of budgeting and joint financial goals. They emphasize the need for open conversations about spending priorities and justify expenses. They also highlight the benefits of tracking expenses, reviewing subscriptions, and finding hidden savings. The couple believes that debt should be tackled together as a team, and they prioritize vacations as their financial goal. Additionally, they mention the validation provided by research supporting their views on combining finances in marriage.

Goal Setting in 2024 with Tara Bruce

www.goodwininvestment.com — Mon, 01 Jan 2024 11:00:00 GMT

Episode 43 - Goal Setting in 2024 with Tara Bruce

Description
Reid Trego, the host of the Money Pig podcast, is joined by Tara Bruce, GIA's Marketing guru. They discuss goal setting in the new year and emphasize the importance of setting financial goals. They recommend reflecting on the previous year's goals and determining whether they were accomplished. Tara shares that writing down your goals increases the likelihood of achieving them by 42%. They also mention evaluating investment performance and considering adjustments if necessary. If your investment accounts are not performing in a way that meets your desired goals, then you might want to talk to your advisor to make adjustments in your portfolio.

Setting SMART (Specific, Measurable, Achievable, Relevant, Time-based) goals is encouraged. Reid and Tara highlight that many people struggle with knowing what questions to ask or where to begin when it comes to financial planning but assure listeners that their team at Goodwin Investment Advisory has a heart for teaching and aims to make complex concepts understandable for clients. Some common concerns include anxiety about retirement security and not wanting to be financially dependent on their children during retirement. Seeking a second opinion on one's retirement plan is recommended as well.

Goodwin Investment Advisory is now offering a free second opinion on your retirement plan and if you schedule this call you will be speaking with Tara to complete a quick assessment. If you have a growing portfolio of $300,000 or more and would like a second opinion, please schedule a call here. After the call, one of our advisors will follow up with you to share action items and next best steps. If you are not ready yet, and just want to subscribe to our blog you can text BLOG to 66866 to join.

Retirement Planning: What are you retiring TO and not FROM?

www.goodwininvestment.com — Mon, 08 Jan 2024 11:00:00 GMT

Episode 44

Description
Reid Trego and Tara Bruce, Content Creator and Creative Brand Manager at Goodwin Investment Advisory, discuss the importance of retiring to something meaningful rather than simply running away from work. They emphasize the need for purpose and intentionality in retirement, beyond just financial considerations. They also touch on questions about how to manage your time, maintain and create new relationships, find new passions and curiosities, and decide where to live in retirement. The transcript highlights the fear that some people have around retirement due to a lack of ongoing conversations and planning. Click the title to read the blog on this topic, “What Are You Retiring To?”

The podcast discusses the importance of preparing for retirement and finding purpose beyond work. It highlights the challenges faced by empty nesters, particularly moms who may have focused on raising their children and now are given a new opportunity to find meaning and purpose in something else. The conversation emphasizes the need to find meaning in retirement through hobbies, intellectual stimulation, and maintaining relationships. The hosts mention a Retire by Design Workshop series Tara is designing to help people navigate this stage of life.

Goodwin Investment Advisory is now offering a free second opinion on your retirement plan and if you schedule this call you will be speaking with Tara to complete a quick assessment. If you have a growing portfolio of $300,000 or more and would like a second opinion, please schedule a call here. After the call, one of our advisors will follow up with you to share action items and next best steps. If you are not ready yet, and just want to subscribe to our blog you can text BLOG to 66866 to join.

How much money do I need in my emergency fund?

www.goodwininvestment.com — Mon, 29 Apr 2024 10:00:00 GMT

Episode 59 - How much money do I need in my emergency fund?

Description
The recent episode featuring Joe Beckford, a distinguished CERTIFIED FINANCIAL PLANNER™ Professional, shared the critical importance of establishing emergency funds to safeguard against unforeseen circumstances such as car accidents or home damages. It was underscored that these funds should ideally cover three to six months' worth of expenses, contingent upon individual circumstances.

During the discussion, participants explored various strategies for initiating an emergency fund, including starting with a base amount of $1,000 or aligning it with the largest insurance deductible. Additionally, there was a recommendation for leveraging high-yield savings accounts to ensure liquidity and potential growth.

Joe Beckford emphasized the necessity of promptly replenishing depleted emergency funds following an unforeseen event, drawing parallels to repaying a credit card balance to prevent the loss of potential interest earnings. Moreover, the meeting provided valuable insights into striking a balance between seizing financial opportunities and maintaining readiness for emergencies, cautioning against the inclination to rely solely on credit cards as a substitute for prudent planning.

A pivotal aspect discussed was the importance of disciplined budgeting when encountering unexpected financial exigencies, which serves as a cornerstone for effective management of emergency funds. The dialogue further illuminated the significance of aligning emergency fund strategies with individual financial situations, thereby promoting tailored guidance for establishing and maintaining effective emergency reserves.

For those seeking to delve deeper into the expertise of Joe Beckford and related insights on financial planning, we invite you to explore his bio here and peruse other relevant articles and blogs available on our website.

Should you desire personalized guidance on fortifying your financial security and resilience, we encourage you to schedule a consultation with our experienced team at Goodwin Investment Advisory. Visit www.goodwininvestment.com to learn more and initiate the process towards achieving your financial goals.

How do I make a career transition?

www.goodwininvestment.com — Mon, 24 Apr 2023 05:00:00 GMT

Episode 8

GIA Certified Financial Planner candidate Ray Brown joins The Money Pig Podcast to discuss how to make a career transition.

How do I make a career transition?

Can I afford to change jobs?

What is the Donkey Kong ladder jump?

Do you need someone to help you decide if you are in a position to make a career transition? If you would like to connect with an advisor on our wealth management team please schedule a free intro call here.

What Couples Talk About When They Talk About Money

www.goodwininvestment.com — Mon, 11 Mar 2024 10:00:00 GMT

Episode 53 - What Couples Talk About When They Talk About Money

Description
Money 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.

What are Alternative and Interval Funds?

www.goodwininvestment.com — Mon, 22 May 2023 16:00:00 GMT

Episode 12 -

Title - What are alternative investment options including Interval Funds?

*Sorry for any grammatical errors as this description was generated using AI

Reid Trego hosts a discussion with Justin Pitcock, CFP® professional and wealth management advisor at Goodwin Investment Advisory about alternative investment options. They explore ways to diversify portfolios beyond traditional stocks and bonds, including private real estate and debt. They discuss an Interval Fund structure that allows average investors access to these alternative investment funds while still providing liquidity. The goal is to add resiliency to portfolios by complementing diversified sources of return and risk factors with long-term investments that work towards individual goals.

If you are interested in alternative investments, please contact Goodwin Investment Advisory and speak to our GIA consultant who can get to know your specific goals and objectives and set up a meeting with one of our CFP® advisors.

Episode 106 - Global Generosity with Tim Goodwin & Dr. Grace Raja Bantu

www.goodwininvestment.com — Tue, 06 Jan 2026 12:00:00 GMT

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 life
The miracle moments that saved Grace’s education
Why girls’ education is the most powerful tool for ending generational poverty
The unique structure and impact of AGHF scholarships
How 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!

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.

Episode 93 - Things You Didn’t Know a Financial Advisor Could Do For You

www.goodwininvestment.com — Tue, 08 Jul 2025 10:00:00 GMT

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 transitions
Why tax strategy isn't just for CPAs
How to think about Social Security timing
What to know about health insurance before Medicare
And why GIA advisors act as life advisors, not just money managers

Plus, 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.

When and why you should consider a refinance on your home

www.goodwininvestment.com — Tue, 17 Sep 2024 09:00:00 GMT

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.

Chapters

00:00
Introduction and Dad Joke

02:06
Removing PMI and the Benefits of Building Equity

08:02
The Impact of Closing Costs

10:02
Pros and Cons of Fixed-Rate and Adjustable-Rate Mortgages

12:52
Considering the Long-Term Implications of Refinancing

17:05
Gratitude and Conclusion

Episode 74 - Navigating Medicare options before you retire with Merle Jabr

www.goodwininvestment.com — Tue, 15 Oct 2024 09:00:00 GMT

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.

What is "intentional world domination" planning?

www.goodwininvestment.com — Tue, 03 Sep 2024 09:00:00 GMT

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 is the ONE DECISION that changes everything?

www.goodwininvestment.com — Mon, 02 Oct 2023 10:00:00 GMT

Episode 30 - "The Talk" (about Money) with Dale Alexander

Reid Trego welcomes Dale Alexander, a CERTIFIED FINANCIAL PLANNER™ Professional and the newest member of the Goodwin Investment Advisory Investment Committee, to the Money PIG podcast. Dale is known for his passion project called "The Talk" about Money, aimed at helping young people start their financial lives on solid footing. He authored a book on this topic and has been featured nationally in various media outlets. The talk focuses on the importance of making 70% of one's paycheck the new standard by living within means and investing and giving away 20% and 10%, respectively. Most money problems are not actually about money but rather priorities, greed, advertising, algorithms, or unawareness.

Check out our blog as well where we share a video of Dale Alexander presenting The Talk about Money.

If you want help managing and investing that 20% you set aside one of our CFP® professional wealth advisors would love to discuss your individual goals and options with you. Please reach out by scheduling a free 15 minute intro call with our Goodwin Investment Advisory consultant here.

Episode 78 - Executive Insights: Managing Wealth During Major Life Transitions with Herman Hugo

www.goodwininvestment.com — Tue, 10 Dec 2024 10:00:00 GMT

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/

Episode 80 - Misconceptions of Fee-only Advisors with Joe Beckford

www.goodwininvestment.com — Tue, 07 Jan 2025 12:00:00 GMT

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.

REBOOT! - How to make a career transition?

www.goodwininvestment.com — Mon, 01 Apr 2024 10:00:00 GMT

REBOOT - How do I make a career transition?

GIA Certified Financial Planner candidate Ray Brown joins The Money Pig Podcast to discuss how to make a career transition.

How do I make a career transition?

Can I afford to change jobs?

What is the Donkey Kong ladder jump?

All About HSAs! (Health Savings Accounts)

www.goodwininvestment.com — Mon, 27 May 2024 10:00:00 GMT

Episode 62

Description
Money PIG Podcast host Reid Trego was joined by Justin Pitcock to duscuss the topic of Health Savings Accounts (HSAs), outlining their importance, benefits, tax advantages, eligibility criteria, investment strategies, and their role in retirement planning. Key points included the triple tax advantage of HSAs, contribution limits, investment options, Medicare premium usage, reimbursement for medical expenses, and strategic planning for HSA usage. Attendees were advised on the comparison with Flexible Spending Accounts (FSAs), the importance of letting funds grow over time, and investment adjustments as retirement approaches.

Introduction to Goodwin Investment Advisory

www.goodwininvestment.com — Mon, 10 Apr 2023 17:00:00 GMT

Episode 1

Goodwin Investment Advisory founder and President, Tim Goodwin, CFP® joins the Money PIG Podcast to talk about why, when, and how GIA was founded.

What is compound interest?

When was Goodwin Investment Advisory founded?

What is the Goodlife Pyramid?

What is Maslow’s Hierarchy of Needs?

Download our Investor’s guide to your right-fit advisor, or download Tim’s free book, Exponential Wealth. If you want to schedule an appointment with one of our CFP® Professionals click here.

Is renting a home a terrible idea in the current economy?

www.goodwininvestment.com — Mon, 10 Jun 2024 14:00:00 GMT

Episode 63 - Is renting a home a terrible idea in the current economy?

Description
In this episode of the Money Pig Podcast by Goodwin Investment Advisory, the team delved into the current housing market conditions, highlighting the high 7% mortgage interest rates and limited market inventory. Ray Brown discussed essential financial factors, emphasizing the necessity of having a substantial down payment and keeping mortgage payments under 25% of gross income. The conversation also explored the advantages of renting, such as flexibility, avoidance of major repair costs, and fewer maintenance responsibilities, making it beneficial for those with transient lifestyles like military families. Financial considerations included comparisons between rent and mortgage payments, the impact of amortization schedules, and the opportunity costs of owning a home. Contrary views were presented by John Tamney, who argued that housing should be seen as a consumption good rather than an investment, and considered the illiquidity of home investments. The episode concluded with a discussion on the benefits of homeownership while acknowledging current economic challenges for young people, encouraging them to consider renting until they are financially secure.

Retire on Purpose!

www.goodwininvestment.com — Mon, 18 Mar 2024 05:00:00 GMT

Episode 54

Description
The Retire by Design program aims to address retirement fears and challenges, emphasizing financial security, health care costs, inflation worries, and market volatility. It offers personalized planning with a retirement consultant. Additionally, the program focuses on non-financial issues like social isolation, loss of identity, and finding meaning in retirement.

Retire by Design participants discussed the importance of intentional pre-retirement preparation to ensure a smooth transition. They shared experiences of early retirements that lacked proper planning, leading to unexpected challenges such as feeling irrelevant or unprepared financially. To combat loneliness and enhance overall well-being, the program highlights the need for activities that bring fulfillment and purpose in retirement years.

Interested individuals can join the program by following outlined practical steps. These steps include registering for the program and participating in an eight-week workshop covering essential topics for successful retirement planning. Integration with financial advising services is crucial for aligning retirement lifestyle goals effectively with financial means.
In summary, the Retire by Design program offers a comprehensive approach to retirement planning. By addressing both financial and non-financial aspects, the program aims to help individuals overcome common retirement concerns and make a meaningful transition into this phase of life.

When should I hire a Financial Advisor?

www.goodwininvestment.com — Tue, 02 May 2023 18:00:00 GMT

Episode 9

GIA Founder Tim Goodwin, CFP®, joins the Money PIG Podcast to talk about when people need to hire a Financial Advisor?

Learn about SINKs, DINKs and HENRYs

Is managing your investments becoming too stressful and feel like a part-time job?

Download our Investor’s guide to your right-fit advisor, or download Tim Goodwin, Certified Financial Planner™ PROFESSIONAL’s free book, Exponential Wealth.

Episode 73 - How to estimate what your expenses will be in retirement with Justin Pitcock, CFP®

www.goodwininvestment.com — Tue, 01 Oct 2024 09:00:00 GMT

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/

Chapters
00:00 Introduction and Dad Jokes
00:50 Importance of Estimating Expenses in Retirement
02:14 Calculating Current Cost of Living
03:14 Adjusting for Inflation and Changing Expenses
08:25 Healthcare, Insurance, and Taxes in Retirement Expenses
10:22 Life Insurance and Taxes in Retirement
14:08 Optimizing Retirement Expenses with a Financial Advisor
15:37 Gratitude and Conclusion

Episode 75 - Exploring healthcare options in early retirement with Merle Jabr

www.goodwininvestment.com — Tue, 29 Oct 2024 09:00:00 GMT

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.

Social Security's role in retirement planning

www.goodwininvestment.com — Mon, 17 Apr 2023 05:00:00 GMT

Episode 5

GIA Certified Financial Planner™ PROFESSIONAL, Joe Beckford joins The Money Pig Podcast to discuss Social Security’s role in Financial Planning.

Will Social Security be there when you need it? Will Social Security still be available for you when you retire?

Check out SSA.gov to find your expected benefits!

What happens in the year 2034?

Can you live on Social Security alone in retirement? Joe shares a Certified Financial Planner™ PROFESSIONAL opinion about how to plan for retirement and include Social Security as part of your retirement plan.

Additional information on Social Security from Goodwin Investment Advisory. Freelance and Social Security

The Social Security Danger: Myths and Facts

Will my Divorce affect my Social Security?

If you have more questions about Social Security and planning for your retirement, please schedule a free intro call with our consultant here.

REBOOT! Social Security's Role in Retirement Planning

www.goodwininvestment.com — Mon, 05 Aug 2024 10:00:00 GMT

The Money PIG podcast is in transition! Stay tuned for our new and improved version coming soon! In the meantime, enjoy this REBOOT episode!

GIA Certified Financial Planner™ PROFESSIONAL, Joe Beckford joins The Money Pig Podcast to discuss Social Security’s role in Financial Planning.

Will Social Security be there when you need it? Will Social Security still be available for you when you retire?

Check out SSA.gov to find your expected benefits!

What happens in the year 2034?

Additional information on Social Security from Goodwin Investment Advisory. Freelance and Social Security

The Social Security Danger: Myths and Facts

Will my Divorce affect my Social Security?

If you have more questions about Social Security and planning for your retirement, please schedule a free intro call with our consultant here.

Goodwin Investment Advisory's Services and Benefits

www.goodwininvestment.com — Mon, 08 Jul 2024 10:00:00 GMT

Episode 66 - Goodwin Investment Advisory's Services and Benefits

Description

Joe Beckford joins this episode of The Money PIG to discuss the importance of financial peace, independence, and generosity, with a focus on personal financial planning for retirement. Key points included guidance on investment strategies, Social Security options, donor-advised funds, tax-advantaged strategies, and community involvement. Action items included reminding clients about services, educating on early financial planning, providing guidance on retirement contributions, advising on Social Security and legacy planning, promoting HSAs, assisting with life transitions, and offering tax-advantaged strategies.

Happy Anniversary - 20 Years of Goodwin Investment Advisory

www.goodwininvestment.com — Mon, 04 Mar 2024 14:00:00 GMT

Episode 52

Happy Anniversary - 20 Years of Goodwin Investment Advisory in Woodstock, GA

https://moneypig.buzzsprout.com/2136084/14624032-happy-anniversary-20-years-of-goodwin-investment-advisory

The Money Pig podcast celebrates Goodwin Investment Advisory’s 20-year anniversary guiding clients to financial peace, independence, and generosity. The host, Reid Trego, welcomes President and Founder of GIA, Tim Goodwin, to discuss the history of Goodwin Investment Advisory and their journey over the past two decades. Tim talks about the early days of starting the company, the process of hiring employees, and growing the client base. Additionally, they highlight some unique aspects of their firm, such as having a leadership team and encouraging clients to give back through donor-advised funds.

The transcript concludes with discussions on investment strategies, technology advancements in the industry, personal development goals for clients at different stages of life (as represented by their trademarked GoodLife Pyramid that coincides with Maslow's hierarchy of needs), Google reviews from satisfied clients across multiple states, and the company's dedication to generosity by donating a percentage of revenue to charitable causes.

Something new that Goodwin Investment Advisory is launching March, 20 is Retirement Workshops called Retire by Design. Check out our webpage that shares how we can help guide you through the process of retirement beyond the dollars and cents.

If you want an expert who can give you sound advice and help you navigate how to best 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.

Episode 92 - How we protect our clients’ data

www.goodwininvestment.com — Tue, 24 Jun 2025 10:00:00 GMT

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 scenes
What we do to proactively protect clients experiencing cognitive decline
Red flags for fraud and how to stay vigilant
Tips you can implement today to better protect your own data
Why sharing your estate documents with us makes a big difference

It’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.

The Basics. How to buy Stocks.

www.goodwininvestment.com — Mon, 28 Aug 2023 10:00:00 GMT

Episode 25
Reid Trego, the host of the Money Pig Podcast, is joined by Tim Goodwin, founder of GIA. They discuss investing basics and how to buy stocks. They explain why stocks exist and why some companies decide to go public. They also talk about the risks associated with individual stocks and recommend investing in mutual funds instead. Mutual funds are explained as a pool of money from multiple investors that is managed by professionals to invest in various securities based on specific objectives.
Tim discusses the two main types of mutual funds: active and passive. Active mutual funds are managed by individuals or teams, while passive index funds track an index. He explains that index funds are generally less expensive because they don't require individual management. Tim also talks about different indexes, such as the Dow Jones Industrial Average and the S&P 500, which measure various industries and sectors. He mentions that index fund changes occur based on the issuer's schedule and highlights the ease with which these changes can be made in a fund. Tim recommends having a diversified portfolio of broad-based funds with low costs for long-term investment strategies. He mentions that sector-specific investments can be considered but should not make up a significant portion of one's portfolio unless there is a specific reason for it, like excess savings or play money. Lastly, he emphasizes the importance of understanding investments before investing in them.

What can I do with cash right now? (April 2023)

www.goodwininvestment.com — Mon, 15 May 2023 11:00:00 GMT

The Money Pig Podcast, sponsored by Goodwin Investment Advisory, discusses what to do with cash in April 2023. Host Reid Trego interviews Justin Pitcock, a Certified Financial Planner™ PROFESSIONAL. The podcast covers the economics of interest rates and inflation from 2022-early 2023 that caused banks to take too much risk when investing depositors' money. Options for cash include checking accounts, savings accounts, money market accounts paying around four and a half percent right now due to Fed raising rates; CDs ranging from several months to years; and Treasuries backed by the full faith and credit of our government yielding about four and a half percent currently. For clients with short-term goals or expenses less than two years away who want ultra-conservative investments or larger dollar amounts businesses have cash flow needs but want to be prepared for things like upcoming expenses we offer laddered CDs or Treasuries through brokered CD purchases that mature at certain times every six months so reinvestment can happen if needed.
Justin and Reid discuss the importance of investing for long-term goals like retirement, rather than relying on cash alternatives like CDs. They highlight the need to consider individual goals when investing and caution against reinvestment risk in a changing interest rate environment.

The Money PIG podcast is hosted by Reid Trego, a financial advisor at Goodwin Investment Advisory. The podcast is intended to share information and perspectives, but should not be interpreted as legal, financial or tax advice. The opinions shared by participants are not necessarily endorsed by the company.

Goodwin Investment Advisory is regulated by the SEC, and the company operates in compliance with applicable securities laws and regulations.

Things we do NOT recommend - and why! (part 1)

www.goodwininvestment.com — Mon, 29 Jan 2024 11:00:00 GMT

Episode 47

Description
The Money PIG Podcast host, Reid Trego, and CERTIFIED FINANCIAL PLANNER™ professional Justin Pitcock to discuss things that they do not recommend in terms of investments. They specifically focus on annuities and whole life insurance.

They explain that annuities can be appropriate for certain individuals, such as widows who are concerned about running out of money in retirement. However, they caution against annuities for most people, as salespeople often push them aggressively and earn high commissions from selling an annuity to them. Additionally, the fees associated with annuities can limit their growth potential and underperform other investment options.

As for whole life insurance, they argue that it is often sold to people who don't necessarily need it or would benefit more from term life insurance. The savings account aspect of whole life insurance may seem attractive but isn't always the best financial decision.

If you want an expert who can give you sound advice and help you navigate how to best 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.

REBOOT! How much is too much to pay for Taylor Swift Tickets?

www.goodwininvestment.com — Mon, 08 Apr 2024 10:00:00 GMT

Episode 19 - How much is TOO much to pay for Taylor Swift tickets?

The Money Pig podcast discusses, “How much is too much to spend on Taylor Swift tickets,” with Wealth Advisor Ray Brown. Reid Trego and Ray explore the topic of spending money on recreational activities and hobbies, such as concerts and travel, and when it's responsible to do so. The conversation covers budgeting for fun while also prioritizing saving and giving. The hosts share personal examples, including planning their honeymoon expenses ahead of time. Overall, the discussion emphasizes the importance of balancing financial goals with enjoying life's experiences. One of our values at Goodwin Investment Advisory is to be serious about money while also having fun! Sticking to financial goals and good spending habits, while saving for enjoyable experiences that will become memorable moments is super important.

Ray and Reid discuss the importance of understanding personal priorities when it comes to financial planning. They give examples of different priorities, such as investing in a 401k or buying a Taylor Swift ticket, and emphasize the need for individual evaluation in decision making. The podcast also highlights how financial advisors should work with clients to understand their unique goals and values. If you are looking for a CERTIFIED FINANCIAL PLANNER™ Professional to help you create your financial plan and retirement plan that includes helping you plan ahead for all the fun things you have always wanted to do, then reach out to our consultant. We would love to get to know your story and how we can guide you!

Reboot! What is a fiduciary and why does it matter?

www.goodwininvestment.com — Mon, 26 Feb 2024 11:00:00 GMT

Episode 4

Certified Financial Planner™ PROFESSIONAL, Joe Beckford, joins The Money Pig Podcast to answer the question: What is a fiduciary and why does that matter?

What does it mean to be a fiduciary?.

What is a fiduciary? And, why should you make sure your advisor is one?

To us at Goodwin Investment Advisory, a fiduciary means you as the client are put first and foremost. The advisor has an integral obligation to make financial decisions and recommendations that are in your best interest. Typically in terms of financial advisors and investors, a fiduciary prudently takes care of money or other assets for another person. But to Goodwin Investment Advisory, it goes beyond this – to act on your behalf, putting your interests ahead of our own, with a duty to preserve good faith and trust. We believe being a fiduciary thus requires us as your advisor, being bound both legally and ethically, to act in your best interest.

What is suitability vs fiduciary?

The suitability standard requires brokers and investment advisors to recommend investments that are the most suitable for the client. The difference is that if you follow the suitability standard you are not required to act in the best interests of your client. A fiduciary is required to place their clients' best interests ahead of their own, which is very important. This means a fiduciary is not trying to sell you products.

If you are looking for a fiduciary to be your financial guide, please reach out and tell us your story by scheduling an intro call with our Goodwin Investment Advisory consultant here. Download our Investor’s guide to your right-fit advisor, or download Tim Goodwin, Certified Financial Planner™ PROFESSIONAL’s free book, Exponential Wealth.

REBOOT! What Couples Talk About When They Talk About Money

www.goodwininvestment.com — Mon, 26 Aug 2024 14:00:00 GMT

What Couples Talk About When They Talk About Money

Description
Money 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.

BONUS!! Live from our 2023 Client Appreciation Event

www.goodwininvestment.com — Mon, 29 May 2023 18:00:00 GMT

Episode 14:

Title - BONUS! Client Appreciation Event 2023, IRAs and the Boston Bruins

*Sorry for any grammatical errors as this description was generated using AI

In this episode of the Money Pig podcast, host Reid Trego is joined by Financial Advisor Rory Glatt at a client appreciation event. They take questions from attendees about investments, including traditional vs Roth accounts and investing in the stock market vs betting on sports. The podcast's mission is to promote financial peace, independence, and generosity through their advice and expertise. The hosts also reveal that "PIG" stands for peace, independence, and generosity while discussing potential acronyms for the word including "Hog." They make finance fun by having a good banter while answering client questions.

If you want help managing and investing your wealth we would be happy to discuss your individual goals and options. Please reach out by scheduling a free 15 minute intro call with our Goodwin Investment Advisory consultant here.

REBOOT! - Pensions - Why are they so complicated?

www.goodwininvestment.com — Mon, 03 Jun 2024 10:00:00 GMT

Episode 63 - REBOOT! Pensions - Why are they so complicated

Goodwin Investment Advisory Certified Financial Planner™ PROFESSIONAL, Justin Pitcock, joins The Money Pig Podcast to discuss Pensions - “Why are they so complicated?”

Should you take a lump sum payout or the annuitized payments?

What are your options for your pension?

How can you leave a financial legacy for your heirs?

What is a fiduciary and why does it matter?

www.goodwininvestment.com — Fri, 14 Apr 2023 05:00:00 GMT

Episode 4

Certified Financial Planner™ PROFESSIONAL, Joe Beckford, joins The Money Pig Podcast to answer the question: What is a fiduciary and why does that matter?

What does it mean to be a fiduciary?.

What is a fiduciary? And, why should you make sure your advisor is one?

What is suitability vs fiduciary?

Episode 89 - Welcome Coby "Sully" Sullivan to the GIA Team!

www.goodwininvestment.com — Tue, 13 May 2025 10:00:00 GMT

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 care

Episode 88 - The Psychology of Money w/ Ray Brown

www.goodwininvestment.com — Tue, 29 Apr 2025 10:00:00 GMT

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.

Episode 91 - Why Our Clients Keep Us

www.goodwininvestment.com — Tue, 10 Jun 2025 10:00:00 GMT

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.

The dream of retiring in an RV. What could go wrong?

www.goodwininvestment.com — Mon, 04 Sep 2023 10:00:00 GMT

Episode 26
The dream of Retiring in an RV. What could go wrong?

Tim Goodwin and GIA's marketing manager Tara Bruce join the Money Pig podcast to discuss retiring in an RV. Tim shares his experiences of renting an RV for trips, with mixed results. Tara talks about her parents who sold their dream house to buy an RV but eventually settled in Gulf Shores and bought a house there. Tim also shares his extensive experience of spending around 150 days in an RV over the past few years, including a recent 28-day road trip where they encountered some challenges. Overall, the conversation highlights both the appeal and potential difficulties of retiring in an RV.
They talked about retiring in an RV and mentioned considerations such as downsizing, proximity to family, managing logistics on the road, and finding suitable places to stay. Different types of campgrounds were discussed, from budget-friendly options to upscale ones like Margaritaville or Disney's campground. The speaker also mentioned staying at wedding venues through Harvest Hosts. They shared a comical incident where they accidentally drove away without retracting the awning.
The speakers discuss the importance of planning before retiring in an RV. They mention considerations such as healthcare, hiring a financial advisor, managing property, having a will and estate plan, making travel reservations, and packing essential items for RV living. They also highlight the beauty of national parks and share their personal experiences with RV trips.

Episode 90 - “Helping You Understand the Future of Social Security and Your Retirement”

www.goodwininvestment.com — Tue, 27 May 2025 10:00:00 GMT

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 projections
Why Social Security isn’t disappearing—but may be changing
How it’s funded and what that means for future benefits
Potential 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!

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.

Meet Pantana CPA founder Krista Dempsey

www.goodwininvestment.com — Mon, 23 Oct 2023 10:00:00 GMT

Episode 33 - Pantana CPA founder Krista Dempsey

Reid Trego introduces Krista Dempsey, the newest member of Goodwin Investment Advisory’s Investment Committee and founder of Pantana CPA. They discuss her experience as a CPA and her background in accounting. Krista talks about starting her own accounting firm in Woodstock, Georgia, and shares some details about the services they provide to small to medium-sized businesses. She also reveals that she enjoys mowing grass as a hobby and discusses her family life as an empty nester. Finally, they touch on the busiest times of the year for accountants and why filing taxes during the summer months can be advantageous.

If you are looking for a financial advisor to help you with tax minimization strategies and tax planning we have an amazing team of advisors that love to provide this service. Justin Pitcock is one of our Wealth Advisors and CFP® professionals who really enjoys helping people save money on their taxes.

Meet Financial Advisor Joe Beckford

www.goodwininvestment.com — Mon, 16 Oct 2023 10:00:00 GMT

Episode 32 - Meet Financial Advisor Joe Beckford

Description
Reid Trego welcomes Joe Beckford, a Senior Wealth Advisor at Goodwin Investment Advisory, for a discussion about his background and role. Joe joined GIA in 2008 as a client before becoming an advisor in 2012. He previously worked at Delta Airlines for almost 20 years. As an advisor, Joe's strength lies in meeting clients where they are and helping them move forward financially. He values personal growth and enjoys seeing clients make positive changes based on their conversations with him. To read Joe’s incredibly inspiring and touching WHY story explaining why he became an advisor click here.

SECURE 2.0 Act of 2022 made simple

www.goodwininvestment.com — Mon, 29 May 2023 10:00:00 GMT

Episode 13 -

Title - The SECURE 2.0 Act of 2022 made simple

*Sorry for any grammatical errors as this description was generated using AI

In this episode of the Money PIG podcast, host Reid Trego and Rory Glatt, CFP® professional, discuss the Secure Act 2.0, a $1.7 trillion omnibus bill that includes changes to retirement accounts and contributions. They specifically focus on changes to Required Minimum Distributions (RMDs), catch-up contributions, and 529 plans. RMD ages have been pushed back, which can potentially put individuals in higher tax brackets later in life; however, there are planning opportunities like Qualified Charitable Distributions (QCDs) that could help lower taxes paid on RMDs. Catch-up contribution limits have also increased for both IRAs and 401(k)s/403(b)s starting in 2024. Lastly, they talk about how 529 plans can now be converted into Roth IRAs for children but only if the plan has existed for at least 15 years with guidelines set by the government surrounding this change.

Reid and Rory discuss the rules for converting a 529 plan to a Roth IRA, including limitations on contributions and beneficiary requirements. The maximum lifetime transfer limit is $35,000. Further changes are coming in 2023-2025, such as companies offering retirement plans being required to enroll employees at a specified contribution level and making accounts more portable when changing jobs.

If you would like to connect with an advisor on our wealth management team to discuss the implications of the SECURE Act and how it could potentially affect your retirement plan, please schedule a free intro call here.

IRAs made simple. The difference between Roth and Traditional

www.goodwininvestment.com — Wed, 12 Apr 2023 05:00:00 GMT

Episode 3

Rory Glatt, CFP®, joins The Money Pig Podcast to discuss the difference between a Roth and a Traditional IRA - IRAs made simple!

Individual Retirement Accounts (IRAs) provide tax advantages for retirement savings and growth. You can contribute each year up to the maximum amount allowed by the Internal Revenue Service according to your income.

Rory shares about tax advantaged growth and how both the Traditional IRA and Roth work for you as if you can contribute and if so how much you can contribute to a Roth IRA annually.

Retirement Savings and planning ahead for your retirement years.

If you want help selecting investments and managing your Traditional or Roth IRA we would be happy to discuss your goals and options. Please reach out by scheduling a free 15 minute intro call with our Goodwin Investment Advisory consultant here.

How much is TOO much to spend on Taylor Swift tickets?

www.goodwininvestment.com — Mon, 26 Jun 2023 09:00:00 GMT

Episode 19 - How much is TOO much to pay for Taylor Swift tickets?

What can I do now to plan for the next tax season?

www.goodwininvestment.com — Mon, 19 Jun 2023 04:00:00 GMT

Episode 17

AI meeting summary:

Reid Trego hosts the Money Pig podcast with CFP Justin Pitcock discussing tax strategies. Tax deductions are categorized as above the line and below the line, with above-the-line deductions including pre-tax 401k, HSA contributions, and employee component of health insurance that lower AGI. Below-the-line deductions include charity, mortgage interest, state and local tax (capped at $10k), medical expenses exceeding 7.5% of AGI which can be bunched together for itemized deduction along with charitable giving using a donor-advised fund to pre-fund future donations in high-income years before current law sunsets by end of 2025. State tax deductions like college funding through Georgia's five-to-nine plan do not have seasoning requirements making them deductible if used immediately.

Georgia residents can deduct Georgia five to nine contributions on their taxes if they itemize on both their federal and state returns, but higher income earners may not benefit. It's important to have money in pretax, Roth, and taxable accounts for retirement planning purposes, especially to avoid having Social Security benefits taxed. Business owners in Georgia can redirect their state tax dollars to a hospital or school of their choosing through programs like Georgia Heart and Georgia Goal. These donations are deductible as marketing expenses and also help build goodwill in the community. Pass-through businesses can pay all of their state tax liability through the business to avoid hitting the $10k cap on personal deductions for state and local taxes. Goodwin Investment Advisory offers personalized financial planning services beyond portfolio management.

BONUS! Special address from Tim Goodwin from Client Appreciation Event April 23, 2023

www.goodwininvestment.com — Fri, 19 May 2023 15:00:00 GMT

This transcript is from the Money Pig Podcast hosted by Reid Trego, sponsored by Goodwin Investment Advisory. The podcast focuses on financial peace, independence and generosity. In this episode, Tim Goodwin joins as a guest to discuss PPIs (Purpose Performance Indicators) and KPIs (Key Performance Indicators). They break down their BHAGs (Big Hairy Audacious Goals) which center around clients, team members, community and industry as a whole. For clients specifically, they aim to empower families with confidence that their legacy will last for generations and track generational clients along with Net Promoter Score which was 83 in the latest survey. They also strive to create careers people love within their team of 13 employees using Office Vibe system for regular feedback surveys resulting in scores higher than industry benchmark. Finally, they focus on serving the community through various initiatives such as charity work.

Tim from Goodwin Investment Advisory talks about the importance of making an impact in their community beyond just managing money. They measure their impact through generosity, such as helping clients establish donor advised funds, and giving away birthday books to clients. They also give back to various nonprofits, including supporting schools and educational funds. Tim emphasizes the need for more diversity in the financial advising industry and encourages companies to track purpose performance indicators alongside key performance indicators. Goodwin offers benefits like paid volunteer days and birthday books to employees as part of their intentional strategy for making a positive impact on their community.

WHY you need a budget. How to get started.

www.goodwininvestment.com — Thu, 06 Jul 2023 14:00:00 GMT

Episode 20 - WHY you need a budget. How to get started.

Alysia Dicks, certified YNAB coach and budgeting expert, joins the Money PIG Podcast to discuss the topic of budgeting. They explain what YNAB is and how it helps manage finances. YNAB is the budgeting app of choice and the one Goodwin Investment Advisory staff members use as well as recommend to clients. Alysia shares her personal journey with budgeting and how it transformed her own financial situation. Budgeting is seen as a way to align spending with priorities, rather than restricting oneself.

Some people tend to avoid budgeting due to various reasons such as ignorance about their financial situation or fearing limitations on spending. Overall, budgeting can lead to less stress and more financial freedom. Reid and Alysia discuss the importance of both budgeting and prioritizing expenses. They highlight how unexpected expenses can set people back if they haven't planned for them. They emphasize the need to make a plan for every dollar you earn and allocate it to specific categories in order to have financial freedom and avoid impulse spending. They both share personal experiences and provide tips on managing money effectively.

Some questions Alysia answers about budgeting:

What is YNAB and how does it help with managing money?

How did Alysia become involved and interested in budgeting?

What are some common misconceptions about budgeting?

How can budgeting help align financial priorities?

If you are looking for an hourly rate advisor to help you with budgeting check out our hourly financial consulting webpage which shares about how one of our Wealth Advisors helps clients outside of normal work hours from 5:00 pm - 6:00 pm on Tuesdays and Thursdays for $275.00 an hour. He can help with managing debt, budgeting, helping you choose your investments, assess your current assets, provide tax strategies and even guide you in retirement planning.

Reboot! Re-introducing Goodwin Investment Advisory

www.goodwininvestment.com — Mon, 19 Feb 2024 11:00:00 GMT

Episode 50 - Reboot - Re-Introducing Goodwin Investment Advisory

Goodwin Investment Advisory founder and President, Tim Goodwin, CFP® joins the Money PIG Podcast to talk about why, when, and how GIA was founded.

What is compound interest?

When was Goodwin Investment Advisory founded?

What is the Goodlife Pyramid?

What is Maslow’s Hierarchy of Needs?

Things we do NOT recommend - and things we DO! (Part 2)

www.goodwininvestment.com — Mon, 05 Feb 2024 11:00:00 GMT

Episode 48 - Things we do NOT recommend (Part 2)

Description
Reid Trego welcomes Justin Pitcock back for part two of the podcast. They discuss what they do not recommend in terms of financial investments, such as annuities, whole life cryptocurrency, and buying gold. Justin explains that while these options might have some merit in certain circumstances, they are often overhyped by ads and salespeople. They also caution listeners about the risks and scams associated with investing in cryptocurrency.
The conversation then shifts to reverse mortgages, which they consider a last resort option for homeowners who own the majority of their homes. Justin explains that reverse mortgages are guaranteed by the government and can provide a lifeline for those who qualify. However, he emphasizes that it is rare for most people to qualify due to high equity requirements when interest rates are higher.
They move on to discussing certificates of deposit (CDs) at local banks. While CDs may seem attractive with their guaranteed interest rates, Reed points out that investing in them can lead to missed opportunities in other investment vehicles like the stock market or bonds. He cautions against falling into the "cash trap" where individuals sell low and buy high due to reinvestment risk and inflation.
Overall, Reed and Justin advise listeners to carefully consider their long-term goals when making financial investments and seek alternative options before resorting to options like reverse mortgages or CDs.
The transcript discusses the topic of timeshares, explaining that they are not recommended as investments due to high sales pressure, fees, and difficulty in getting out of them. The speakers share their personal experience with a timeshare presentation and emphasize the importance of considering other investment options such as stocks, bonds, real estate, private credit funds, and infrastructure. They caution against being swayed by guarantees or fear-driven decisions and highlight the behavioral aspect of investing. The speakers also mention that heavily marketed investments should be approached with caution. They welcome comments from those involved in selling annuities, whole life insurance, precious metals, cryptocurrency, reverse mortgages, and timeshares.
The financial advisor emphasizes the importance of understanding individual goals and having personalized planning conversations.

What do Financial Advisors do?

www.goodwininvestment.com — Tue, 11 Apr 2023 05:00:00 GMT

Episode 2

Goodwin Investment Advisory’s Certified Financial Planner™ PROFESSIONAL, Justin Pitcock joins The Money PIG podcast to answer the question "What exactly do Financial Advisors do?"

What do Registered Investment Advisors do? Do I really need a financial advisor?

How are Registered Investment Advisors regulated to keep your money safe?

If you are looking for a Registered Investment Advisor to be your financial guide, please reach out and tell us your story by scheduling an intro call with our Goodwin Investment Advisory consultant here. Download our Investor’s guide to your right-fit advisor, or download Tim Goodwin, Certified Financial Planner™ PROFESSIONAL’s free book, Exponential Wealth.

The Sandwich Generation, a guide to hard conversations

www.goodwininvestment.com — Mon, 14 Aug 2023 10:00:00 GMT

Episode 23 - The Sandwich Generation

Reid Trego hosts the Money Pig podcast and is joined by Joe Beckford, a certified financial planner. They discuss the Sandwich Generation, which refers to individuals who are taking care of both their children and aging parents. This group faces various challenges such as living options for their parents, healthcare decisions, and the need for important documents like power of attorney. The conversation emphasizes the importance of self-care in order to effectively support loved ones during this phase of life. Financial planning is also highlighted as a way to potentially avoid becoming part of the sandwich generation in the future.
The conversation focuses on the financial challenges faced by individuals who are taking care of their parents and how it affects their own long-term planning, including retirement. It is emphasized that taking care of oneself and setting boundaries is important in order to provide sustainable support to others. The difficulty of finding easy solutions to these complex issues is acknowledged, but it is also recognized as a part of life that needs to be navigated with personal understanding and careful planning. The podcast host concludes by highlighting the unique value provided by financial advisors in helping clients manage their portfolios and have personalized planning conversations based on individual goals.

How small business owners can get paid to start a retirement plan!

www.goodwininvestment.com — Mon, 31 Jul 2023 10:00:00 GMT

Episode 21 - How a small business can start a retirement plan

The Money Pig podcast, sponsored by Goodwin Investment Advisory, discusses starting a retirement plan for small business owners and their employees. Wealth Advisor Justin Pitcock explains the benefits of offering retirement plans to attract and retain talent while also providing tax advantages for business owners. He explores different types of plans such as Sep IRAs and 401Ks, highlighting the simplicity of setting up a Sep IRA but recommending self-employed 401Ks for higher contributions. The Secure Act 2.0 introduces tax credits to incentivize small businesses to offer retirement plans, covering startup costs and potentially providing additional payments from plan administrators. Overall, the transcript emphasizes the importance of planning for financial security in both personal and professional contexts.
The Secure Act 2.0 Tax credit provides a contribution credit for small businesses with 50 or fewer employees who earn less than $100,000. The IRS reimburses the employer for the first contributions made to their employees' retirement accounts. The credit is phased out for businesses with more than 50 employees and completely phased out for those with 100 or more employees. This tax credit aims to help small employers provide benefits to their employees at no cost. It encourages businesses to establish retirement plans and offers reimbursement for startup costs. Gia, a financial advisory firm, helps small business owners set up these retirement plans and provides ongoing support in managing investment options and answering employee questions about the plan.

When should I start taking Social Security?

www.goodwininvestment.com — Mon, 13 May 2024 10:00:00 GMT

Episode 61 - When Should I start taking Social Security?

Description
The Money Pig podcast discussed Social Security retirement benefits with Reid Trego and Justin Pitcock, highlighting the importance of determining when to start taking benefits. Concerns were raised about a potential 20% reduction by 2034 due to financial challenges. Strategic planning based on factors like age, health, marital status, and income sources was emphasized to optimize benefits.

Complexities of Social Security taxation were explored, where up to 85% of benefits could be taxable. Strategies like delaying benefits or structuring retirement income were advised to minimize tax implications. Decision-making patience was emphasized to maximize benefits. Practical considerations were shared for spousal benefits, survivor benefits, and even ex-spouse benefits post-divorce under specific conditions.
Detailed discussions covered essential elements like earning credits for eligibility and navigating decisions around starting benefits early or delaying based on individual circumstances. Listeners were encouraged to access additional resources for comprehensive guides on Social Security retirement benefits at goodwininvestment.com. The episode provided valuable insights to secure a stable financial future through informed choices in Social Security planning strategies.

Episode #108 Wealth Vs Wealthy- The Lifestyle Gap

www.goodwininvestment.com — Tue, 03 Feb 2026 12:00:00 GMT

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

Meet Financial Advisor Ray Brown

www.goodwininvestment.com — Mon, 13 Nov 2023 11:00:00 GMT

Episode 36 - Meet Financial Advisor Ray Brown

Description
Reid Trego welcomes Ray Brown, a financial advisor at Goodwin Investment Advisory, to the Money Pig podcast. They discuss Ray's background and how he connected with GIA. Ray shares that he joined GIA about a year ago after paying off his student loan debt and wanting to put his good income to work. He reached out to local financial advisors and found GIA's approach different from other Investment firms. He followed our social media for awhile and received our blogs and emails. Next, he consulted with an advisor on our team for validation before eventually applying for a job.

Ray previously worked in the film industry as a production coordinator for ten years, living in various locations across the US. When asked why he became a financial advisor, Ray explains that he found a passion while learning the process of how to pay off his own student loans and then helping others do the same. During his time at GIA, he fell even more in love with financial planning while going through the CFP® process. The psychology behind financial planning and helping clients achieve their goals intrigues him.

How to Start a New Business on Good Financial Footing

www.goodwininvestment.com — Mon, 06 Nov 2023 11:00:00 GMT

Episode 35 - How to Start a New Business on Good Financial Footing

https://moneypig.buzzsprout.com/2136084/13912828-how-to-start-a-new-business-on-good-financial-footing

The Money Pig Podcast by Goodwin Investment Advisory, is joined by CPA Krista Dempsey to discuss starting a small business on good financial footing.

The top five things to consider are:

Entity selection
Setting up a bank account separate from personal finances
Choosing an accounting software like QuickBooks Online
Understanding the chart of accounts and how it affects balance sheets and profit and loss statements.
A balance sheet that summarizes what you own and owe while a profit and loss statement shows revenue and expenses for a period of time.

The speaker discusses the importance of reconciling accounts in order to obtain accurate financial statements. They mention using QuickBooks to make the process easier and emphasize the need for proper bookkeeping or the help of a CPA. The speaker also talks about their business package, which includes accounting software, bank reconciliations, and data entry services. They highlight the importance of regularly reviewing balance sheets and provide insights into hiring personnel and marketing strategies for small businesses.

If you are listening to this podcast and you have found value in our content, you might want to consider signing up for Goodwin Investment Advisory’s blog for other topics such as retirement planning, tax strategy, inheritance, legacy, generosity planning, and getting out of debt. We also have a list of printable guides that can help you with end of year planning, tax planning, retirement planning, and even a guide to help you reach your first $100,000 in investable assets.

Meet GIA Financial Advisor Justin Pitcock

www.goodwininvestment.com — Mon, 30 Oct 2023 10:00:00 GMT

Episode 34 - Meet Financial Advisor Justin Pitcock

Reid Trego welcomes Justin Pitcock, a wealth advisor GIA, to discuss his background and role as an advisor. Justin shares how he transitioned from being an auditor to becoming a financial advisor and highlights his expertise in tax strategy for business owners and retirement planning. He also mentions his hobbies, such as outdoor activities and cooking on the smoker. The conversation emphasizes the importance of understanding clients' individual goals and building meaningful relationships.

If you are looking for a financial advisor to help you with tax minimization strategies, tax planning, and retirement planning we have an amazing team of advisors that love to provide this service. Justin Pitcock is one of our Wealth Advisors and CFP® professionals who really enjoys helping people save money on their taxes.

Episode 76 - Wealthy Woes: 10 mistakes wealthy individuals make in their 50's before retiring

www.goodwininvestment.com — Tue, 12 Nov 2024 10:00:00 GMT

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.

Episode 100 - Federal Employee Exit Strategy w/ Justin Pitcock, CFP®

www.goodwininvestment.com — Tue, 14 Oct 2025 10:00:00 GMT

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 success
Tax-smart strategies for severance packages and buyouts (timing is everything!)
What to do with your TSP (Thrift Savings Plan) when you leave
Why early planning with an advisor can mean retiring sooner—and with more

Whether 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!

What do I do with my 401k when I leave my job?

www.goodwininvestment.com — Mon, 15 Apr 2024 10:00:00 GMT

Episode 58 - What do I do with my 401k when I leave my job?

Description
The meeting with Reid Trego and financial planner Joe Beckford discussed 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 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.

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. Beckford 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.

Episode 101 - Redefining Generosity in the Workplace: Lessons from Chick-fil-A's Kevin Williams

www.goodwininvestment.com — Tue, 28 Oct 2025 17:00:00 GMT

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.

Book Recommendations and Life Advice with Dale Alexander (part 2)

www.goodwininvestment.com — Mon, 09 Oct 2023 10:00:00 GMT

Episode 31 - Book Recommendations and Life Advice with Dale Alexander (part 2)

Reid Trego welcomes Dale Alexander, businessman and motivational speaker, to the Money Pig Podcast. They discuss various books in different categories including personal finance (such as "Talk About Money" and "The Wealthy Barber"), business ("Excellence Wins" by Horst Schultze), family ("Most Important Place on Earth" by Robert Wolgamuth), and self-improvement ("Atomic Habits" by James Clear). They emphasize the importance of daily habits and consistency in achieving goals.

Dale shares his one-liner best advice for different aspects of life: marriage, parenting, friendship, business, and physical fitness.

If you want help managing and investing your money, or just a second opinion on your retirement plan, one of our CFP® professional wealth advisors would love to discuss your individual goals and options with you. Please reach out by scheduling a free 15 minute intro call with our Goodwin Investment Advisory consultant here.

I have $100,000. What should I do with it?

www.goodwininvestment.com — Wed, 19 Apr 2023 05:00:00 GMT

Episode 6

Goodwin Investment Advisory’s Certified Financial Planner™ PROFESSIONAL, Rory Glatt, joins The Money Pig Podcast to answer the question: If you have $100,000 to invest, what should you do with it?

Should you pay off debt?

Should you save in an IRA for retirement?

Should you invest in a business?

Should you buy a home?

Should you buy rental real estate?

Should you go back to school?

If you are in the process of getting out of debt and growing your wealth you might want to download our Investor's guide to your first $100,000 in investable assets. If you already have at least $100,000 and you are ready to invest it and you want help choosing your investments, or helping you reach your financial goals, reach out to one of our consultants to set up a free intro call. We would love to help guide you with our expert advice.

Episode 99 - OBBBA w/ Justin Pitcock, CFP®

www.goodwininvestment.com — Tue, 30 Sep 2025 10:00:00 GMT

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 taxpayers
Changes to the standard deduction, state and local tax (SALT) cap, and child tax credit
New charitable giving rules—and how they could impact your strategy
Estate tax updates, gift exclusions, and planning opportunities
Temporary provisions like no tax on tips and a new senior deduction
How Goodwin Investment Advisory helps clients navigate these shifting rules to save money and stay ahead

Whether 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.

REBOOT! Five Common mistakes people make with their finances

www.goodwininvestment.com — Wed, 21 Aug 2024 19:00:00 GMT

Description

You can also check out our blog titled, “How to Rollover Your 401k?”

Episode 86 - 10 Pro Tax Planning Tips for Early Retirees w/ Justin Pitcock (Part 1)

www.goodwininvestment.com — Tue, 01 Apr 2025 10:00:00 GMT

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 buckets
Taking advantage of low tax brackets
Smart timing for Social Security
Managing Required Minimum Distributions (RMDs)
How to avoid early withdrawal penalties

You’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 Retirees
No 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.

Episode 83 - Die With Zero: Retirement and Making the Most of Your Hard-earned Money

www.goodwininvestment.com — Tue, 18 Feb 2025 11:00:00 GMT

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.

Episode 105 - Taxes with Heart: with CPA Jamie Howell Quinn

www.goodwininvestment.com — Tue, 23 Dec 2025 12:00:00 GMT

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.

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Episode 104 - Art at the Heart with Chris Brazelton of Woodstock Arts

www.goodwininvestment.com — Tue, 09 Dec 2025 11:00:00 GMT

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 inspired
The 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!