Stay Wealthy Retirement Show

By Taylor Schulte, CFP®

Business Investing

What's Stay Wealthy Retirement Show about?

An award-winning retirement podcast dedicated to helping you: Lower Taxes • Invest smarter • Make Work Optional

Do you want to avoid overpaying the IRS in retirement? Or learn how to prepare for the next stock market crash? How about when to take Social Security and how to turn your investments into reliable retirement income?

Hey there! I'm CERTIFIED FINANCIAL PLANNER™ Taylor Schulte and I was recently named the #2 Independent Financial Advisor in the U.S. by Investopedia. Each week, I'll answer BIG financial questions and help you "stay wealthy" in retirement.

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LAST EPISODE

3 Big Medicare Pitfalls to ...

11.30.2023

Navigating the Medicare world is confusing and challenging. As a result, many retirees make Medicare decisions without clearly understanding the long-term implications. Long-term implications that, in worst-case scenarios, can put a retirement plan in jeopardy. To help you avoid making ...

Stay Wealthy Retirement Show episodes:

11.30.2023 3 Big Medicare Pitfalls to Avoid (In 2024) Navigating the Medicare world is confusing and challenging. As a result, many retirees make Medicare decisions without clearly understanding the long-term implications. Long-term implications that, in worst-case scenarios, can put a retirement plan in jeopardy. To help you avoid making ...
11.08.2023 Part 2: What the %@#! Is Happening to Bonds In part two of my series on bonds, I'm tackling three BIG questions: 1.) With cash yielding 5%, does it make sense to use money market funds (or t-bill) as a bond alternative? 2.) What should investors do if they ...
10.26.2023 Part 1: What the %@#! Is Happening to Bonds Bonds are down 20%+ over the past three years. Meanwhile, riskier asset classes (like U.S. stocks) are UP ~30% during the same period. ‣ What the %@#! is happening to bonds right now? ‣ Why are safe asset classes down ...
10.19.2023 9 Fun (and Useful!) Facts About Investing & Retirement Today I'm sharing nine fun facts about the economy, markets, and retirement. Along with being entertaining, these facts bring important planning topics to the surface. They also help to address and answer common questions. For example: ‣ How correlated is ...
10.04.2023 Credit Freeze: Top 5 (Listener!) Questions Answered Everyone should freeze their credit. But most retirement savers I talk to have not tackled this simple (and free!) task. After commenting briefly about credit freezes in an episode last month, I've received dozens of GREAT questions from listeners. Questions ...
09.27.2023 What the Media Won't Tell You About Inflation Last June, inflation hit a 40-year high of 9.1%. Since then, it’s been falling month over month, hitting 3.2% in July of this year. The Fed’s aggressive rate hikes seemed to be doing their job, and their 2% inflation target ...
09.14.2023 The Behavior Gap: How Retirement Investors Can Avoid It Year after year, investors underperform the funds they invest in by almost 2%.
09.06.2023 3 Financial Scams to Watch Out For in 2023 Consumers reported losing nearly $9 billion to fraud in 2022 — a 30% increase from the year prior. And those are just the incidents that are reported. In fact, some reports suggest that the ACTUAL amount is closer to $40 ...
08.30.2023 Listener Q&A: Early Retirement Pitfalls, Best Index Funds to Invest In, and More! In this episode, we're answering listener questions! Specifically, guest host Jeremy Schneider is answering questions like: What are the best index funds to invest in How do you access retirement money early What are the little-known pitfalls of early retirement ...
08.23.2023 Why You Shouldn't Care About Your Credit Score Almost every day, I (guest host Jeremy Schneider) hear someone mention their credit score. After being in school our entire young lives, we must all crave for someone to give us another grade. And when the ol’ FICO corporation is ...
08.16.2023 Backdoor Roth IRA: What It Is, Pros + Cons, and How to Execute Today we're talking about the Backdoor Roth IRA. Specifically, guest host Jeremy Schneider is sharing: What the Backdoor Roth IRA strategy is Why you should (or shouldn't) pursue it How to execute it the right way If you're interested in ...
08.09.2023 How to Prepare Loved Ones for When You Die If YOU were to unexpectedly die tomorrow, would your loved ones know how to access your information? Your bank accounts? Insurance policies? Debts? Access to your home and car? Your devices? Approximately 2/3 of Americans don't have any estate planning ...
08.02.2023 A New (and Simple!) Strategy to Boost Retirement Income Today I'm discussing a new retirement withdrawal strategy. The strategy is simple + allows retirees to (safely) spend more money than the 4% rule. It also protects against one of the biggest threats to retirement—Sequence Risk! If you want to ...
07.26.2023 The Best Investment What separates a good investment from a bad one? How do you evaluate different investment options? Why are some very well-known metrics flawed and problematic? I'm answering these questions + sharing a personal story that caused me to change my ...
07.12.2023 3 (More) Reasons NOT to Do Roth Conversions Last year, I published an episode titled, 5 Reasons Not to Do a Roth Conversion. The 5 reasons shared were: 1️⃣ - Shadow taxes 2️⃣ - No undo button 3️⃣ - Lack of cash flow to pay the tax bill ...
06.21.2023 Why Cash Is Not a Great Investment (Even With a 5% Yield!) "Cash is king." But is it a great investment? Historically, investors have built up dry powder to fund emergencies or survive market downturns. But with cash now yielding close to 5%... ...many investors are viewing cash as a way to ...
06.07.2023 International Stocks: 3 Reasons Why Retirement Investors Should Own Them For the last 53 years, U.S. stocks have significantly outperformed international stocks. (It's not even close.) As a result, many retirement investors are left wondering if they should own this asset class. Today I'm sharing why owning international stocks over ...
05.03.2023 Phil-in the Gaps: Why Alternative Investments Belong in Your Retirement Portfolio Today I'm joined by Phil Huber, Chief Investment Officer at Savant Wealth Management. Phil joins me to take the other side of the alternative investment debate and shares three big insights: 1.) What exactly defines an "alternative investment" 2.) Why ...
04.26.2023 The Bond Market is Flashing a Recession Warning Today I'm talking about the bond market. Specifically, what it's currently telling us about where the economy might be headed. In fact, we've never seen bond yields sound the recession alarm this loudly.
04.05.2023 Why You Shouldn't Be Surprised By Your Investment Returns Today we're talking about expectations vs reality. To help, I’m joined by Rubin Miller, founder and CIO of Peltoma Capital. Rubin and I talk about three BIG things: Why chess players don’t make great investors How retirement savers should think ...
03.29.2023 The Banking Crisis: 3 Things Retirement Investors Need to Know Today I'm talking about the current banking crisis. Why? Silicon Valley Bank and Signature Bank were the 2nd and 3rd largest bank failures in history. In addition to explaining how we got here + why these banks collapsed... ...I'm answering ...
03.22.2023 Two (Real Life) Retirement Planning Case Studies * More Than Money is officially out! Click here to grab your copy now. * (All net proceeds being donated to non-profit organizations dedicated to improving financial literacy and diversity in the profession.) --- Today I’m sharing my recent conversation ...
03.15.2023 The Biggest Risk Today I'm discussing risk. Specifically, a type of risk known as "tail risk." As Morgan Housel puts it, it's the hardest for people to understand... ...and it's the only one that really matters. If you want to learn what tail ...
03.01.2023 Alternative Investments: Should You Invest in Them? Today I'm talking about alternative investments. An "alternative" is an asset that doesn't fall into one of the three traditional investment categories (stocks, bonds, and cash). For example, private equity, venture capital, and managed futures. These complex strategies often claim ...
02.15.2023 January Inflation: Why Prices Are Rising Again Today I’m addressing the January inflation report. In fact, contrary to expectations, inflation increased last month. Specifically, the Consumer Price Index (CPI) jumped 0.5% after increasing by only 0.1% in December. Why are prices increasing again? Was the report positive ...
02.08.2023 How to Invest for Retirement in an Uncertain Market Today I’m talking about investing and planning for retirement during uncertain times. In fact, I was recently invited to discuss this topic with Caleb Silver, Editor-in-Chief at Investopedia. Caleb hosts the Investopedia Express Podcast and has had conversations with everyone ...
02.02.2023 Financial Advisors (Part 5): Answering FIVE Frequently Asked Questions Today I’m wrapping up our series on Financial Advisors by answering five common questions. Questions such as: How important are professional designations like CFP or CFA? What is the process for firing a financial advisor? Will I incur fees and ...
01.25.2023 Financial Advisors (Part 4): Should You Work With a Fiduciary + How to Find an Advisor Today I’m tackling part four of our series on financial advisors. Specifically, I’m covering three BIG things: What is a fiduciary financial advisor (and should investors work with one) How are 'fee-only' advisors different from 'fee-based' Where can retirement savers ...
01.18.2023 Financial Advisors (Part 3): What Fees Do Financial Advisors Charge Today I’m sharing the different ways financial advisors charge for their services. In fact, there are FOUR main fee structures you might come across when interviewing advisors... ...and each one can be a disservice to someone. In this episode, I'm ...
12.15.2022 Financial Advisors (Part 2): The 5 Different Types of Advisors Want to support my upcoming book and help improve financial literacy? To encourage your support, I'm running a "buy one, give one" campaign. Here's how it works: Pre-order a copy of More Than Money (Kindle or physical copy) before Dec ...
12.08.2022 Financial Advisors (Part 1): What Are They + What Do They Do Today I'm kicking off a multi-part series on Financial Advisors. (I'm also sharing a BIG announcement with everyone!
11.22.2022 Should Retirement Savers Own Bonds? Bonds are on track for their worst year in history. In response, retirement investors are concerned (rightfully so) and questioning their bond allocation. To help address those concerns, I’m covering three things today: Why bond yields are NOT moving in ...
11.08.2022 3 Important Facts About State Taxes in Retirement Today I'm talking about state taxes (in retirement!). Specifically, I'm sharing three important facts that often fly under the radar. I'm also clearing up common misconceptions and sharing real-life examples. If you're ready to learn how state income taxes will ...
10.19.2022 3 Retirement and Tax Planning Updates for 2023 Today I’m sharing three retirement and tax planning updates for 2023. Specifically, I’m sharing a summary of important changes to: Social Security payments Social Security taxation Medicare Part B premiums I’m also sharing key highlights from the highly anticipated Secure ...
10.11.2022 How to Invest During a Lost Decade Recent headlines suggest stocks could be flat (or negative!) for the next 10 years. The technical for this is "lost decade." And these headlines have created more concern for investors who are already on edge. So, what exactly does a ...
10.04.2022 Why Are Markets Falling (and How Did We Get Here) Today I'm breaking down the current state of the markets and economy. Specifically, I'm sharing: Why markets are falling (and how we got here) How things could get worse before they get better Four (4) reasons for investors to be ...
09.20.2022 What Does an Inverted Yield Curve Mean for Retirement Investors The current yield on a one-year U.S.Treasury bond is 4%. But the yield on a ten-year Treasury bond is only…3.5%. Why is this? What does it mean for retirement savers? And how should investors respond? That’s what I’m tackling today ...
09.13.2022 Tax-Loss Harvesting (Part 3): Answering Three Important Questions Have you joined the Stay Wealthy newsletter? No spam. No fluff. Just one retirement/tax planning article each week...written by yours truly.
08.30.2022 Tax-Loss Harvesting (Part 2): Who Benefits the Most? Today I’m continuing with our series on tax-loss harvesting. Here in part 2, I’m sharing: Who should consider tax-loss harvesting Who should stay away from it The (top) 3 things that can boost your tax savings I’m also presenting situations ...
08.24.2022 Tax-Loss Harvesting (Part 1): The 5 Things You Need to Know Today I'm kicking off a multi-part series on tax-loss harvesting. In part one, I'm breaking down: What tax-loss harvesting is (and how it works) Why it has become a popular tax strategy 5 little-known things about the wash sale rule ...
08.16.2022 Zero Inflation, Buffer ETFs, and Social Security Increases Today I’m tackling a few retirement and investing questions from our listeners. Specifically, I’m answering the following: How do you make sense of the two conflicting July inflation reports (0% inflation vs 8.5%)? What are Buffer ETFs and are they ...
08.09.2022 The Risk of Deflation Today I’m talking about the case for (and risk of!) deflation. Specifically, I'm covering: What deflation is How deflation impacts our economy Why it’s a risk we should be considering If you’re ready to learn about the often-overlooked risk of ...
07.26.2022 The Ultimate Investing Checklist: 7 (Simple) Steps to Measure Your Investment Strategy Today, Jeremy Schneider unveils his Ultimate Investing Checklist. In fact, you can use this 7-step checklist to measure your current investing strategy. You can also use it to: Optimize your tax bill Maximize your risk-adjusted returns Eliminate costly mistakes If ...
07.19.2022 How to Invest for Kids (and Grandkids!) Today we're talking about the best way to invest for kids + grandkids. In fact, guest host Jeremy Schneider says this is one of the most frequent topics he gets asked about! So, to help our listeners, he explores three ...
07.12.2022 Series I Bonds: Should Retirement Savers Invest in Them for Inflation Protection? Today we’re talking about I Bonds! Specifically, guest host Jeremy Schneider is discussing: What exactly I Bonds are How I Bonds work Where they belong in a retirement savers portfolio If you want to learn about this unique + (virtually) ...
07.05.2022 Huge Tax Bills at Vanguard: What Retirement Savers Need to Know Today Jeremy Schneider dives into Vanguard Target Retirement funds (and the tax problems they're causing). Specifically, he's sharing: What happened at Vanguard to trigger this giant tax issue Why this occurred in the first place What to do when it ...
06.28.2022 10 Reasons You Should Avoid Indexed Universal Life Insurance (IUL) Indexed Universal Life Insurance (IUL) is all the rage right now. "10%+ growth potential. Guaranteed security against market risk. Tax-free retirement income." These policies are confusing. And they sound WAY too good to be true. So to get to the ...
06.23.2022 How to Reduce Medicare IRMAA in 2022 Today I'm sharing a fun announcement with everyone. I'm also providing retirement savers with important information on the 2022 Medicare IRMAA brackets. This includes covering three things: What IRMAA is How IRMAA is calculated The 10 best ways to avoid ...
06.21.2022 Grandparent 529 Plans: Big Changes + How Retirement Savers Can Maximize the Tax Benefits Today I’m talking about Grandparent 529 Plans. In fact, a BIG change was recently that seemed to fly under the radar. In addition to discussing this change, Robert Farrington joins me to discuss three (3) important things: How to maximize ...
06.15.2022 3 Key Takeaways on Inflation from the May CPI Report Today I’m sharing key takeaways from the May inflation (CPI) report. I’m also sharing: What "shadow inflation" is (and why you should ignore it) Why inflation is high What retirement investors can do in response Over age 50? Need retirement ...

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