Pivot with Darryl Lyons

We are experiencing the largest movement of wealth from one generation to the next. Baby Boomers are retiring and leaving the workforce, which has a huge impact on our economy. In fact, 10,000 Americans turn 65 every single day.

All that money and power that Baby Boomers have accumulated over their lifetimes needs to be transitioned smoothly to Gen X. Without a successful transfer of wealth and leadership, our country might face hardships that no one is prepared for.

In this episode we dive into:

• how to take advantage of this transfer of wealth (regardless of if you are receiving a large inheritance or not)
• how to pass down money to the next generation in a strategic way
• what this transfer of wealth means for the overall economic and political systems in America

Whether you are on the giving or receiving side of this wealth transfer, this podcast is a must listen.

#WealthTransfer #BabyBoomers #Genx

It’s true that the real estate market is experiencing some turbulence right now. You have probably seen some alarming headlines on the news and in the media. These headlines are meant to scare and disrupt the general public.

But I’m here to uncover what’s actually happening in the real estate market in 2023. I want you to be equipped with information that will help you navigate these turbulent times with more certainty. It’s never a good idea to make rash decisions out of fear, especially in real estate.

The real estate market, specifically the commercial real estate market, is heading towards a crisis. But the more I have looked into this, the less I think the average American needs to worry.

In this podcast episode we cover:

• The current state of the commercial real estate market around the country.

• The different types of commercial real estate.

• How working from home has impacted the office real estate market.

• What the future of office commercial real estate might look like.

• How major cities are impacted vs. smaller cities.

I hope today’s podcast helps answer any questions you have about the looming real estate collapse we are seeing right now.

Make sure to share this episode with a friend if you found the information helpful!

It’s no secret that small businesses are the heart and soul of America. Small businesses provide 2 out of every 3 jobs in America.

I am a passionate and proud small business owner. I have been endeared with the idea of owning a small business ever since my dad lost his job when I was young. I promised myself that I would never get in a position where someone else could take my freedom and finances away from me.

To this day I have kept that promise, and I wish success for every small business owner and aspiring entrepreneur out there! Luckily, there are a couple organizations that fight for our right to be independent business owners.

In this podcast episode of Retire in Texas, we dive into the two organizations putting in the work and making it easier for Christian CEOs to align their business practices with their faith.

C12 is a leader in the Kingdom seeking CEO space. They hold monthly meetings for all 2,500 of their members to help equip business owners with the right tools and resources to instill Christian values into their business practices.

The National Federation of Independent Business Owners (NFIB) works to protect small business owners’ freedoms and independence. The local governments have gone too far to regulate the free market, and we need to protect our freedom by lobbying in every facet of American government on the local, state, and national level.

Whether you are a seasoned small business owner, or an aspiring entrepreneur, you should be inspired by these organizations that are protecting our faith, freedom, and financials.

#RetireInTexasPodcast #FaithBasedBusiness #FaithDrivenEntrepreneur

At the time of this recording, the stock market is pushing nearly double digit returns year to date in the first half of the year. Almost 10% in the first half of 2023.

If you had these as part of your financial plan, you could be well past your target for the first part of 2023.

But the problem is the majority of these returns have come from just a few companies in the S&P 500. And the truth is, not everyone has these companies in their portfolio.

So it causes panic and induces FOMO, rushing to get to where the grass is greener by changing their portfolio. 

But that’s not the right approach to handling this situation.

In today’s episode, you’ll discover who the Magnificent 7 are in the S&P 500 and why they can generate wildly high returns in a small amount of time. Plus, I reveal  how you can handle your portfolio (even if you missed the bull run).

Listen now.

Show highlights include:

• Why the S&P 500 is a better representation of the health of the stock market than the Dow Jones. (2:51)

• The underwhelming truth about the impressive returns of the stock market (and why only 7 companies prop up the entire market). (4:07)

• Why the Magnificent Seven are the leaders in the current stock market and in the world. (7:13)

• How the returns from the Magnificent 7 will affect the other 493 companies in the S&P 500. (8:40)

• Why chasing returns is the wrong move even if you don’t have the Magnificent Seven in your portfolio. (and the right thing to do if you don’t have these companies in your portfolio).  (11:20)

 Disclosure:

"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."

Pursue righteousness and find prosperity - Proverbs 21:21

The Bible is the world’s most underrated finance book.

In fact, Christianity makes the importance of your finances for your spiritual well being crystal clear.

But many believers separate their investments from their faith these days. Or they don’t know how to invest in alignment with their values in the first place. 

That’s where a Certified Kingdom Advisor comes in, who combines the knowledge about financial planning with Biblical wisdom regular advisors ignore.

And in today’s episode, Roger Stukkie, one of our advisors, shares how a CKA certificate makes everyone a better financial advisor, what makes biblical investing so lucrative, and the timeless financial wisdom of the Bible you can use today.

Listen now!

Show highlights include:

• How to tell if a Christian financial advisor is genuine and competent   (2:49)
• The weird way this Christian core value makes your investments succeed (5:18)
• What sets all “Kingdom Advisors” apart from financial planners with average results (5:42)
• How program-related investments support your community (instead of feeding shady corporations) (8:46)
• How Biblical investors combine generating wealth with generosity for the people close to them (11:57)

Disclosure: 

"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."

Compare your way to retirement with a road trip.

You load up your fortune truck with a portfolio of assets, and fuel it with enough income for a pleasant journey.

The goal may be a legacy for your family, maintaining vibrant health, or a visit to the Galapagos Islands.

Then, a tax loophole appears, and shakes you up.

One may not hurt that much.

But, if they become too many, they take a toll on your retirement plan and your sanity.

Therefore, it’s better to include a map for tax planning, so you can avoid these obstacles.

And in today’s episode, you’ll gain an overview of how to bypass the IRS with efficient tax planning, how to reduce your tax liability with your stock portfolio, and why Medicare is a potential tax trap on its own.

Listen now!

Show highlights include:

• Why tax planning isn’t going to make you rich (and what to focus on first) (1:28)
• The ever-growing tax liability trap most people ignore (and ruin their retirement) (2:53)
• The “Asset Allocation” method to save thousands in taxes per year (4:09)
• How to stop the IRS from enriching themselves with you (and have more left for charity) (5:38)
• The “Tax Harvesting” strategy to reduce your tax liability (with the help of your stock portfolio) (7:16)
• The pure magic of Roth IRAs for tax planning (and why Medicare is a tax trap for high earners) (8:22)

Disclosure: 

"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 a recession, you must be able to call into question everything you’ve done before.

A recession in the autumn seems inevitable.

And it’s logical to try and minimize your losses while you ride out the storm.

But, most people avoid “risky” small cap companies, and flock onto Big Tech instead.

The problem?

These smaller companies outperform global corporations coming out of a recession.

This is because they are the true innovators which drive the economic upswing after a recession.

So, if you want to kickstart your portfolio performance after the coming recession, tap into the opportunities of small cap stocks.

In today’s episode, you’ll discover the historic advantages of small companies, why they are far less small and risky than their reputation, and how to profit from their high ROI and still have a stable portfolio in retirement.  

Listen now!

Show highlights include:

• The historic advantage small companies have over the global players (even if no one outside of your state knows them) (4:01)
• The ideal share of small cap stocks in your portfolio before and after the age of 60 (5:13)
• What Big Tech doesn’t want you to know about innovation (and where you truly accumulate wealth) (6:26) 
• The “Legacy Bucket” framework for a high ROI out of Small-Cap stocks (while ensuring your money never runs out) (8:04)
• 2 ways to weed out bad small cap stocks (and how to save your time and go straight to the gains) (9:45) 

Disclosure: 

"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."

Sources: https://finance.yahoo.com/news/goldman-sachs-says-small-cap-184322074.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAADrM--YDRTiVdUDsNP-u8umky_txuzZ6jfEXHgaPzK1SriJWduCA5tTr8xa9gwcDc5Z0CMkSzKx4M5ILMw-n2-XBviPo1sByYIOOaKs04uJ3JnmHcPHVWlv6aNeBHxDossja4en1XIBJgaMKaOECTwNrk8iOtt74QUwuEIfgGScd

My Book “18 to 80”: https://www.amazon.com/18-80-Simple-Practical-Retirement/dp/1948209985

Nothing is certain except death and taxes.

One of the most painful experiences is to lose your hard earned money to a tax trap. The state did nothing to help you accomplish your capital gains.

But the IRS only has one goal: Extract as much money from you as humanly possible.

But if you know about the 3 ways to diversify your taxes now, you’re all set for a trouble-free retirement down the road.

In today’s episode, you’ll discover how non-qualified accounts minimize taxes when you sell a stock, how you can nullify taxes on dividends, and how moving the pay day for taxes forward protects you from taxes when you retire.

Listen now!

Show highlights include:

• How to sell a stock so the IRS takes the least from your capital gains (4:01)
• How tax-deferred accounts compound your dividends (while you reduce your income taxes today) (6:22)
• The “Required Minimum Distribution Age” trap that looms over your finances (and how to avoid it) (7:47)
• How Roth IRAs make you pay now (and allow a tax-free life in retirement) (9:20)

Disclosure:

"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."

One of the lesser-known reasons investors fail to build a legacy is their habits outside of the financial markets.

And it's one of the most tragic ones, since we keep many of our habits for life without knowing better.

So, to increase your net worth, you can ask yourself how well you can manage your money first.

You can develop solid financial management habits like Warren Buffet without reading 6 hours a day.

Because, if you have the mental clarity, the wit and energy it takes to solve complex problems with your habits,you will achieve the financial success you want.

So, in today’s episode, you’ll discover the common “disease” which stops you from racking up wealth, how to break past your daily distractions, and the habits that ensure you get closer to your goals today.

Listen now!

Show highlights include:

• How this “High Earning” myth cripples your finances (even if you watch your expenses) (1:02)
• A well-known silent disease most financial planners ignore that’s eating your profits (3:12)
• The reason why most lottery winners end up destroying their lives (and the first steps to avoid that) (7:14)
• The “Six Most” method that eliminates stress (while you keep setting higher financial goals) (12:32)

 Disclosure:

"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."

On the 5th of June, the United States will raise its debt ceiling and make adjustments to its spending methodology.

This is a tricky situation that may affect a number of things in the economy. It may even move the markets violently in either direction.

And this can cause a lot of mixed reactions: panic, upset, and overwhelm. What everyone wants is to come out of this situation safe and with their wealth intact.

So what should you do if you’ve already invested in the stock market?

And what does raising the debt ceiling mean for the future of the United States?

In today’s episode, you’ll learn what moves you should make in the event of the US raising its debt ceiling. You’ll also discover what the probable future holds in store for the US if they falter on debt payment.

Listen now.

Show highlights include:

• The debt ceiling: what it is, and how it could be a problem. (1:52)
• 3 options you can consider if you’re in the stock markets already (and the most profitable one you can take). (3:08)
• Why it’s dangerous for you to pay close attention to the news & banter surrounding the debt ceiling. (4:09) 
• Should you sell your stocks and turn your investments to cash? Here are some challenges you might face if you do. (5:14)
• Why the United States isn’t likely to default on its debt payment (or collapse into an apocalypse). (8:45)
• Why you should avoid panic-selling before June 5th (and how you can actually profit by staying put). (11:02)

 Disclosure:

"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."

References:

The U.S. Dollar as the World's Dominant Reserve Currency https://crsreports.congress.gov/product/pdf/IF/IF11707#:~:text=It%20is%20widely%20used%20to,currency%20since%20World%20War%20II.

What Do China's High Patent Numbers Really Mean? https://www.cigionline.org/articles/what-do-chinas-high-patent-numbers-really-mean/#:~:text=Instead%20of%20being%20innovation%2Ddriven,as%20national%20high%2Dtech%20enterprises.

Key facts about China's declining population https://www.pewresearch.org/fact-tank/2022/12/05/key-facts-about-chinas-declining-population/

What will China's population drop mean for the world?  https://www.bbc.com/future/article/20230118-is-chinas-population-decline-surprising

Opinion Ignore the naysayers. Dollar dominance is here to stay.  https://www.washingtonpost.com/opinions/2022/03/20/dollar-dominance-currency-markets-here-to-stay-as-global-reserve-currency/

U.S. Debt to China: How Much Is It, and Why? https://www.thebalancemoney.com/u-s-debt-to-china-how-much-does-it-own-3306355#:~:text=How%20much%20money%20does%20the,prices%20of%20those%20bonds%20change.

A new world order? BRICS nations offer alternative to West https://www.dw.com/en/a-new-world-order-brics-nations-offer-alternative-to-west/a-65124269#:~:text=BRICS%20nations%20offer%20alternative%20to%20West,-Astrid%20Prange&text=Predictions%20about%20the%20BRICS%20countries,outside%20of%20the%20Western%20mainstream.

How to Lose Reserve Currency Status https://www.ftportfolios.com/blogs/EconBlog/2023/4/10/how-to-lose-reserve-currency-status#:~:text=Limiting%20government%20spending%2C%20keeping%20tax,monetary%20policy%20are%20our%20suggestions.

BRICS: Who Are They and Why Are They a Threat to the US? https://www.msn.com/en-us/news/world/brics-who-are-they-and-why-are-they-a-threat-to-the-us/ar-AA115bZ5

China’s Top Trading Partners https://www.worldstopexports.com/chinas-top-import-partners/

India Is a Natural U.S. Ally in the New Cold War https://www.wsj.com/articles/india-is-a-natural-u-s-ally-in-the-new-cold-war-11590600011