Pivot with Darryl Lyons

In this week's episode of Retire in Texas, Darryl Lyons, CEO and Co-Founder of PAX Financial Group, tackles some of the most frequently asked financial questions he receives, covering topics that impact individuals and families alike. Darryl offers straightforward advice on everything from debt management strategies to understanding the potential tax implications of government proposals, providing listeners with practical steps to improve their financial outlook.

Darryl dives into each question, sharing resources, strategies, and unique perspectives on topics like paying for college, retirement preparation, and managing investments effectively. His thoughtful answers empower listeners to make informed decisions that align with their financial goals.

Key highlights of the episode include:

• Darryl recommends Going Mary as a resource for finding scholarships and navigating the competitive world of college funding.
• An explanation of the debt snowball method, focusing on paying off smaller debts first to build momentum and consistency.
• Insights on the potential effects of an unrealized gains tax on investors and how it might impact portfolio strategies.
• Examining the proposed $25,000 down payment assistance for first-time buyers, noting the benefits and potential drawbacks.
• Financial tips for military families preparing for retirement, emphasizing debt reduction, cash reserves, and the Survivor Benefit Plan.

For more resources and to connect with a financial advisor, visit www.PAXFinancialGroup.com. If you found this episode helpful, consider sharing it with a friend or family member!

Disclaimer: Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. "Like" is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm.

In this week's episode of Retire in Texas, Darryl Lyons, CEO and Co-Founder of PAX Financial Group, explores the theme of leadership and its impact on personal and financial growth. Moving beyond traditional topics, Darryl shares his own experiences and insights on how true leadership plays a pivotal role in shaping our lives and communities.

Key show highlights include:

• Understanding leadership as influence and the importance of guiding others with integrity.

• Darryl's personal journey and the mentors who shaped his career and values.

• How to identify your own strengths and develop them into meaningful contributions.

• The concept of "guru," someone who brings others from "darkness to light," and why everyone can be a leader in their own circle.

• Practical tips for fostering a culture of curiosity and growth within your community.

Tune in to reflect on your own leadership potential and gain insights on how to positively influence others. If you enjoyed this episode, be sure to share it with friends, family, or anyone interested in growing as a leader!

Disclaimer: Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. "Like" is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm.

In this episode of Retire in Texas, Darryl Lyons, CEO and Co-Founder of PAX Financial Group, tackles a critical issue facing many Americans: the retirement crisis. Darryl breaks down the risks of running out of money in retirement, emphasizing how financial insecurity can impact both individuals and families. He shares insights into the characteristics of financially secure retirees and highlights the alarming fact that many seniors in the U.S. do not meet these criteria.

Darryl also covers essential steps for those in both the accumulation and distribution phases of retirement, offering practical advice to help listeners build a secure future. From saving 15% of income during the accumulation phase to "stress-testing" finances for different scenarios in retirement, he presents actionable steps to address potential gaps in retirement plans.

Key highlights of the episode include:

• Understanding the factors behind America's retirement crisis and the common challenges faced by retirees.
• Insights into building a financially secure future, including Darryl's 15% rule for retirement savings.
• The importance of "stress-testing" retirement funds to prepare for unexpected life changes.
• Practical advice on navigating Social Security uncertainties and maximizing 401(k) contributions.
• Darryl's perspectives on financial security and retirement planning, rooted in over 20 years of experience.

For more resources, visit www.paxfinancialgroup.com. If you found this episode helpful, be sure to share it with a friend!

Resources:

Voters 50+ Share Their Candidate Preferences and Top Issues for 2024 in These Battleground Surveys

No Matter How We Measure It, There's No Retirement Crisis | American Enterprise Institute - AEI

Republicans and Democrats agree: America faces a retirement crisis

Social Security, Medicare benefits at risk with looming shortfalls

Addressing the Nation's Retirement Crisis

Disclosure: Testimonials are based on unique experiences from current clients and are not representative of all client experiences. Testimonials are (un)solicited and no cash or non-cash compensation was paid for such testimonials.

Disclaimer: Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. "Like" is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm.

In this week's episode of Retire in Texas, Darryl Lyons, CEO and Co-Founder of PAX Financial Group, takes a deep look into the booming economic landscape of Texas. Darryl explores the key factors driving Texas' rapid growth, from its business-friendly environment to the ongoing migration of companies and people from other states. With a focus on the Texas Triangle (Dallas, Houston, San Antonio), he discusses the unique ecosystem forming between these cities and how it's shaping the future of commerce.

Darryl also shares his personal journey through various Texas towns, offering listeners insight into the diverse subcultures of the state and the bond that unites Texans. From the challenges of traffic and infrastructure to the expansion of high-paying job opportunities, Darryl breaks down why Texas remains a smart bet for businesses and families alike.

Key show highlights include:

• The population boom in Texas and its impact on the economy.
• A closer look at the Texas Triangle and its role in attracting major companies like Tesla, Oracle, and Apple.
• How industries like oil, natural gas, technology, and alternative energy are shaping Texas' future.
• Darryl's personal experiences growing up in Texas and how the state's unique culture plays into its success.
• Insights into infrastructure projects like the I-35 Capital Express and how they aim to accommodate the state's rapid growth.

Tune in to explore why betting on Texas is a smart decision for anyone considering a move or investment in the Lone Star State. For more resources, visit www.paxfinancialgroup.com. If you enjoyed today's episode, don't forget to share it with a friend!

Disclaimer: Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. "Like" is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm.

Resources:

Narrower Traffic Lanes in Cities Could Help Lower Risk of Traffic-Related Collisions http://onlinemanuals.txdot.gov/TxDOTOnlineManuals/TxDOTManuals/rdw/freeways.htm https://store.transportation.org/item/collectiondetail/180 https://www.nytimes.com/2022/07/14/briefing/semiconductor-bill-congress-biden.html IBM Created a Chip the Size of a Fingernail That Holds 30 Billion Transistors Why Texas is Becoming America's Most Powerful State - YouTube Your ultimate guide to the I-35 expansion through Central Austin | KUT Radio, Austin's NPR Station i-35-capex-central-feis-public-comments-only.pdf (brightspotcdn.com) Why San Antonio is teaming with Austin to attract business to Texas (sanantonioreport.org) Will River Mill be Casey Development's legacy project? - San Antonio Business Journal (bizjournals.com) Economic Development Programs (texas.gov)

In this week's episode of Retire in Texas, Darryl Lyons, CEO and Co-Founder of PAX Financial Group, dives into the topic of market volatility surrounding elections and how investors should approach this unique time. With historical insights and practical strategies, Darryl explores how election cycles affect the stock market and why it's essential to stay calm amidst the noise.

Through an engaging discussion, Darryl highlights the importance of maintaining a long-term mindset and avoiding emotional decision-making during times of market uncertainty. He also shares four key pillars that can help guide investors through the volatility, offering a clear framework for navigating election-related market swings.

Key show highlights include:

• How elections impact stock market volatility.
• The importance of thinking like a business owner when investing.
• Why objectivity over emotion is critical to long-term financial success.
• Insights from past elections, including market movements in 2016 and 2020.
• Practical tips for aligning expectations with your spouse and advisor to stay on the same page during market fluctuations.

Tune in to learn how to prepare your portfolio for the upcoming election and beyond. For more resources, visit www.paxfinancialgroup.com. If you enjoyed today's episode, don't forget to share it with a friend!

Disclaimer: Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. "Like" is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm.

Resources:

Election Market Volatility in 4 Charts (moneyandmarkets.com)

Presidential Elections, Market Volatility and Investments - Retirement Daily on TheStreet: Finance and Retirement Advice, Analysis, and More

The Relationship Between Elections and Volatility - OpenMarkets (cmegroup.com)

2024 elections: policy shifts and portfolio construction views (nuveen.com)

In this week's episode of Retire in Texas, Darryl Lyons, CEO and Co-Founder of PAX Financial Group, sits down with Justin Elliott, an Insurance Advisor at PAX, to explore the intricacies of Medicare and Social Security. Together, they dive into the evolving healthcare landscape and the critical decisions retirees face when it comes to Medicare Supplements and Medicare Advantage Plans.

Through clear explanations and real-world insights, Justin sheds light on the differences between these plans, how healthcare providers approach Medicare claims, and why the Social Security fund might be at greater risk than Medicare in the near future. The episode also emphasizes how PAX Financial stays ahead of these trends to better serve clients preparing for retirement.

Key show highlights include:

• Understanding Medicare Supplements vs. Medicare Advantage Plans.
• Why Social Security might face more immediate financial challenges than Medicare.
• The impact of demographic shifts, with 10,000 people turning 65 every day, on the future of retirement services.
• Practical tips for navigating Medicare decisions as a retiree or for aging parents.
• Justin's key takeaway: "Be prepared to navigate a system that's constantly changing to ensure the best healthcare coverage."

Tune in to learn how these changes could affect your retirement and what steps you can take to stay informed. For more resources, visit www.paxfinancialgroup.com. If you enjoyed today's episode, don't forget to share it with a friend!

Disclaimer: Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. "Like" is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm.

In this week's episode of Retire in Texas, Darryl Lyons, CEO and Co-Founder of PAX Financial Group, tackles the topic of BlackRock, the world's largest asset manager, and its everchanging role in the financial world. Darryl shares insights into BlackRock's influence on global markets, its relationship with government entities, and its controversial engagement with Environmental, Social, and Governance (ESG) initiatives.

Through candid storytelling, Darryl explains how BlackRock's policies have impacted PAX Financial's client portfolios and the broader investment community. The episode also touches on the importance of maintaining trust and transparency in financial partnerships, and how PAX Financial continues to engage with BlackRock while monitoring their evolving strategies.

Key show highlights include:

• The role of BlackRock as a major asset manager and its relationship with global governments.

• How ESG initiatives and climate-focused investing have impacted investors.

• The story behind BlackRock's involvement in major events such as the 2008 financial crisis and the Covid-19 response.

• The implications of BlackRock's voting rights on behalf of investors in major corporations.

• A behind-the-scenes look at how PAX Financial engages with BlackRock for client portfolios.

• Darryl's key takeaway: "Trust but verify" when it comes to BlackRock's investment strategies.

Tune in to hear Darryl's perspective on BlackRock's future and what it means for your investments. For more resources, visit www.paxfinancialgroup.com. If you enjoyed today's episode, don't forget to share it with a friend!

Disclaimer: Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. "Like" is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm.

Resources:

Who owns Blackrock? | The Motley Fool

https://www.economist.com/briefing/2024/09/19/america-is-becoming-less-woke?utm_campaign=a.the-economist-today&utm_medium=email.internal-newsletter.np&utm_source=salesforce-marketing-cloud&utm_term=9/23/2024&utm_id=1926435

Blackrock's former sustainable investing chief says ESG is a dangerous placebo (cnbc.com)

2024 Investment Stewardship Voting Spotlight (blackrock.com)

In this week's episode of Retire in Texas, Darryl Lyons, CEO and Co-Founder of PAX Financial Group, dives into the often misunderstood yet vital topic of the Federal Reserve and its profound influence on the economy and your investments. Darryl breaks down the complex functions of the Federal Reserve, from setting monetary policy to banking supervision, and explains how decisions made by the Fed impact everything from inflation to employment.

Through personal anecdotes, historical examples, and even a few dad jokes, Darryl demystifies the Fed's role in the market and answers key questions such as whether the Fed is truly independent from the presidency, and how its decisions affect your investment journey. Whether you're a seasoned investor or someone just beginning to explore the financial world, this episode provides a clear and engaging roadmap to better understand the central bank's crucial influence.

Key show highlights include:

• An introduction to the Federal Reserve and its key functions in the U.S. financial system.

• The Fed's dual mandate: controlling inflation and maximizing employment.

• How the Fed's interest rate decisions impact everyday investors and the broader economy.

• Historical moments in the Fed's history, from the Panic of 1907 to the 2008 financial crisis.

• Insights into past and present Fed Chairs, including Alan Greenspan, Ben Bernanke, and Jerome Powell.

• Practical takeaways on how understanding the Fed can help you make smarter, long-term investment decisions.

Tune in to learn how the Federal Reserve shapes your financial future and gain a better understanding of its influence on both the stock market and the economy. For more resources, visit www.paxfinancialgroup.com. If you enjoyed today's episode, don't forget to share it with a friend!

Disclaimer: Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. "Like" is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm.

In this week's episode of Retire in Texas, Darryl Lyons, CEO and Co-Founder of PAX Financial Group, opens up about the powerful world of behavioral finance by sharing his own personal investment mistakes. Darryl discusses four key missteps he made throughout his financial journey, ranging from herd mentality to overconfidence, and how each error offers valuable lessons for investors.

Through these stories, Darryl emphasizes the importance of self-awareness and learning from mistakes, rather than being hindered by them. Whether you're a seasoned investor or just starting out, Darryl's insights provide a valuable roadmap for avoiding common behavioral traps.

Key show highlights include:

• The concept of behavioral finance and its impact on investment decisions.

• Personal stories of financial missteps, from herd mentality to overconfidence.

• How mistakes in investment decisions can turn into invaluable learning experiences.

• Cognitive biases to watch out for in your own financial journey.

• Practical advice on how to avoid common pitfalls and make smarter, long-term investment decisions.

Tune in to learn how to recognize and correct these biases in your financial life, and gain insights into how these lessons can help you achieve a more secure financial future. For more resources, visit www.paxfinancialgroup.com. If you enjoyed today's episode, share it with a friend!

Disclaimer: Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. "Like" is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm.

In this week's episode of Retire in Texas, Darryl Lyons, CEO and Co-Founder of PAX Financial Group, dives into the fascinating world of alternative investments and their place in a balanced portfolio. From guns to sports cards and even wine, Darryl shares insights on why these assets gained popularity during the Covid era and how they fit into your financial strategy. Using a business lens, he examines key factors like liquidity, rate of return, and risk, while emphasizing the importance of keeping these investments within a reasonable portion of your overall wealth.

Key show highlights include:

• A breakdown of alternative asset classes such as guns, sports cards, and wine.
• How the political and economic landscape impacts the liquidity and value of these assets.
• Insights into the rate of return, fraud risks, and storage considerations in alternative markets.
• Practical advice on how to incorporate these assets into your financial plan without overexposing yourself to risk.
• Why traditional investments remain essential and how to strike a balance between conventional and alternative assets.

Tune in to this episode to gain a better understanding of how alternative assets can play a role in your financial journey, without losing sight of your long-term goals. For more resources, visit www.paxfinancialgroup.com. If you enjoyed today's episode, share it with a friend!

Disclaimer: Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. "Like" is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm.