Guarding Your Nest Egg

Mike and Kristen start out discussing the different ways high prices are impacting their personal spending habits. With high inflation and interest rates rising, some strategists are suggesting that investing in bonds is a good idea. However, Mike points out why that may not be the case for you. As a fee-only fiduciary financial advisor, he explains why he’s looking into alternative investments for some of his clients… if it makes sense for them. Plus, you’ll hear a relatable story of someone finding out the hard way that their money isn't being actively managed.  

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This week, you may be surprised to learn that many of us might have been brushing our teeth wrong our entire lives while Mike’s 5-year-old son has been ahead of the curve. As a fiduciary financial advisor, Mike takes this opportunity to clear up some misnomers about investing and retirement. Then we discuss cryptocurrency and the possibility of our nation developing a digital currency, and how that could impact our bottom line. 

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Before Mike addresses vital financial topics of the week that could impact your portfolio, he shares some GOOD NEWS that will brighten your day! He then discusses how the war in Ukraine will impact our personal economy in both the short term and long term... Outside of record-high gas prices. He also explains the difference between investment management and financial planning, and why both are key at Talon Wealth. 

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Mike has a question for you this week: Has your portfolio done well in the last few years because of active management, or because it was on cruise control?

Whether you’re a DIY investor or have a financial advisor, listen to find out why that question is key in today's economic climate. He also sheds light on why the Russia-Ukraine war isn’t the only issue to consider when it comes to market volatility and inflation affecting your retirement accounts.

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While headlines intensify, some Americans are worried about what could happen with geopolitical tensions after the Olympics are over. Mike explains what investors should take a step back and consider regarding their retirement portfolios. Also, inflation is no longer just a pain point, it’s become the voting issue for midterm elections. Since Washington isn’t great at fixing problems and bond rates remain low, Mike explains his approach to combating wall street volatility and higher inflation today… and as the Fed raises rates. You’ll also find out why his biggest concern is discretionary income.

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Investors are concerned more instability could be lingering on Wall Street throughout 2022, especially with the concerns about Russia and Ukraine. Mike describes how he recently helped someone plan for these unknowns and more by educating them on how to take charge of the target date funds inside their workplace retirement accounts. Whether you have a 401(k), 403(B), or other investments, listen to find out if rolling over your accounts is possible and beneficial for your portfolio. And you won’t believe the sign of the times Mike experienced regarding inflation and gas prices! 

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After discussing what a new survey revealed about a common cooking ingredient possibly increasing longevity, Mike explains how the labor shortage combined with the surge of baby boomers retiring could impact the economy of our nation and investment portfolio. He also addresses the volatility were experiencing, rising healthcare costs, and what to consider if you feel your advisor isn’t right for you.

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This week, Mike shares what prompted him to become an independent financial advisor and start Talon Wealth Management and the Guarding Your Nest Egg show. Plus, we explore the 3 signs that suggest someone is ready to retire and what that means for you and your family.

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For years Americans have been very focused on becoming millionaires by the time we retire. On this episode, Mike explains how that achievement is more common than the media portrays. Plus, many investors have cash on the sidelines in early 2022 for various reasons: The market is at or near all-time highs, the Fed is discussing raising interest rates this year, and inflation doesn’t seem to be deflating soon.  – Mike shares his insight about what to consider if you’re seeking more conservative options for your portfolio.

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After some family chat about Mike’s kids, he unpacks what investors should know about Biden’s latest Build Back Better proposal… Mainly how the top marginal capital gains tax rate could reach 31.8%, the highest rate since the 70’s. Thankfully nothing is final yet, but Mike shares tips about how to be as efficient as possible with the taxes you’ll be paying on your future investments. He also reviews the latest known details about interest rate hikes in 2022 and what to consider regarding your portfolio.  

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