Pivot with Darryl Lyons

Medicare can be a nightmare to navigate - no matter what those annoying Medicare ads try to tell you! 

When do you claim it? What if you want to keep working past 65? Part A? Part B? Part C? Part D? Supplement? Advantage? Medigap? 

If any of those terms and questions made you scratch your head, this episode is for you. 

In this episode, Justin Elliott is here to make Medicare simple. You’ll discover how to avoid nasty bills and fees. Plus, you’ll find out how to find the right plan for you, so you can relax knowing that you and your family are fully protected - and paying the best price.  

Listen now!

Show Highlights Include:

• The loophole that lets a select few people claim medicare (even if you haven’t reached retirement age) (1:33)
• The “7 month window” to claim Medicare (miss it, and you’ll pay an extra penalty) (1:50) 
• How “fully covered” individuals are getting stuck with exorbitant medical bills. Plus, how Texans can avoid these bills for about $115 (10:33) 
• Why you should spend more on your Medicare Supplement plan (even if a cheaper plan covers exactly the same things) (11:26) 
• How to “fire the government” and let an insurance company PAY YOU to join their “medicare” plan (17:31) 
• The “disadvantage” to an Advantage Plan that could leave you without cover on January 1st (19:38) 
• Why it pays to join a Medicare Supplement plan, even if you could save hundreds every month with an Advantage plan (20:35)
• Instantly discover the cheapest Medicare D plan for you and your prescriptions with a simple online tool (23:35)

Have you ever noticed how common retirement advice ignores business owners? 

Even if run-of-the-mill retirement advice makes financial sense, it can leave you emotionally unfulfilled.  

It feels like most financial “gurus” forget that our business is a part of us. Quitting a job doesn’t even compare to selling your business. 

It’s not only about selling. It’s a fine balance between finances, legacy, and finding a buyer who won’t destroy the business you worked years to build. 

Chester Drash knows this better than most. He’s built and sold two businesses in his life, and he’s here to share his experience with you as he approaches retirement - so you avoid the pitfalls that conventional retirement advice ignores. 

In this episode, you’ll discover how to exit your business in a way that secures your financial freedom, protects your legacy, and maintains your relationships. 

Listen now! 

Show Highlights Include:

• The simplest “owner salary” calculation that tells you how much you should pay yourself now (so you don’t retire with a side job) (9:33) 
• How to safely hand over your business so the buyer doesn’t destroy what you built for years(15:17) 
• Two assets you must own outright if you want to eliminate 90% of financial stress in retirement (17:25) 
• The “money script” you developed as a child that controls every financial decision you make today (19:13)

Retirement is supposed to bring us our “golden years” where we can sit back without worrying. But no matter how much you’re looking forward to retirement, it can still be stressful.  

Because when you don’t have to work, you need to build a new life. Some retirees fill their days by watching TV all day. Others become cornerstones of their communities and build lives they love. 

In this episode, you’ll hear from Neal Doty. Neal is a God-loving Texan who retired in Fayetteville after 18 years as a branch manager of a family-owned electrical distributor company.

He’s created an active, meaningful retirement for himself. And in this episode, he’ll show you how you can do the same.

Listen now to find out how to retire without regrets and find new meaning in your golden years wit community service, faith and “giving just a little bit of help” every day.

Show Highlights Include:

• How having only 1 dollar left in your pocket brings you closer to God (05:47)
• The simple thought in your head that tells you exactly when it’s time to retire (09:21)
• How to amass all the money you’ll need in retirement with nothing but a 401k (11:07)
• Why you don’t need worry about feeling bored after retirement (especially if you’re an active person now) (15:52)
• How to stop worrying about health issues and start living  (17:09)

Are you too young to do nothing at all? Have you sat in the comfy chair for too long? Are you bored out of your mind?

Your “golden years” don’t have to be decades spent in front of the TV. It can be a fulfilling time that lets you contribute to your community. 

Retirement lets you pivot into a new chapter with purpose. That’s what fellow Texan Valinda McAlister does: She brings awareness to child abuse and sex trafficking with Ransomed Life Texas. 

After working in real estate for decades, she became an investor and now spends her retirement impacting her community. 

Listen now to discover how to find, pursue and live your purpose in retirement. 

Show Highlights Include:

• What babysitting and a kitchen drawer can teach you about striving for financial freedom. (3:39)
• Odd lessons you can learn from managing 45 shopping centers in a city you barely know (even if you never want to get into real estate)
• How living through “The Great Recession” can set you up for a great retirement (8:49)
• Why you should know when to exit your business and retire (even if you want to work another 5 years or more) (11:02)
• How to sell a business when it’s time to retire (and the wallet-draining mistakes you should avoid) (11:56)
• How Ransomed Life Texas lets Valinda impact her community in retirement (and how you can do the same) (16:27)
• Why Garden Bridge, Texas is a great place to retire in.  (18:58)

When life throws a monkey wrench into things, a lot of times you are forced to either quit or retire.

But rather than retire, pivot and change the direction of your life. And when you pivot, you start a new life or career.

Air Force veteran Rob Wainner pivoted from the military and became a college professor before starting his own physical therapy practice. He ran more than 360 offices nationwide before pivoting again to begin a coaching and leadership firm.

Listen now to discover how you can pivot in your life rather than retire.

Show highlights include:

• Why buying $1 candy and fireworks in Taiwan on credit ruins your family's fortune (1:39)
• How watching your grandfather run a business teaches you how to become a millionaire (4:32)
• Why retiring many times lets you begin new projects (and how you can start one today) (6:35)
• How hiring and training your own people to grow your business develops your best practice systems (even if you are not ready to do so) (9:44)

Grab your free copy of the “Retire In Texas” ebook now by heading over to PAXfinancialgroup.com.

Elon Musk has been a pioneer in electric cars and space travel. And now he's in Texas. But how does that affect you as a Texan?

His companies have moved from California to Texas. His footprint is everywhere from Austin to the Rio Grande.

Listen now to take advantage of Elon's next great move with your money.

Show highlights include:

• Why investing any where in South Texas near an Elon Musk company secures a large retirement fund for yourself (1:30)
• How making $47,000 a year lets you buy a home in Travis County and retire in Texas (and walk away from expensive California real estate) (6:42)
• The "Texas Economic Development Act" that supports kids' school districts (10:20)
• Why embracing freedom and liberty in Texas gives you the healthy enjoyment you're looking for in retirement (even if you already feel "free") (15:45)

Grab your free copy of the “Retire In Texas” ebook now by heading over to PAXfinancialgroup.com.

You want to retire and have the ability to live a life of leisure, with the ability to take vacations with your family and know that your bills are always paid - and then some. But what does comfortable retirement really mean? 

Many people retire, and still have the worries and stress of daily life sitting on their shoulders. So… let’s hear from someone who retired and lives a life of comfort, pleasure, and simplicity.

In this episode, Scott Walker, native Texan and recently retired AT&T employee, walks us through how his financial plan set him up for a calm and stress-free retirement. He gives insights into the work ethic that brought him to where he is today-  retired in comfort, with a farm of his own and grandchildren surrounding him. 

Listen now to learn how you can replicate Scott’s retirement success. 

Show Highlights Include: 

• Why instilling a strong work ethic is the most important thing any parent can do to set their child up for a financially secure life (5:00)
• How being in war can help you climb the ladder to the executive suite (even without a million degrees) so that you can create a stable and comfortable financial life (7:55) 
• Depression-era money habits that help you become smarter with your money so that it works for you (13:30)
• Why you need to be consistently saving money for rainy days (you don’t know what’s coming) (18:15)
• Why you should NEVER touch your invested money (hint: it ruins your retirement) (19:00)

Grab your free copy of the “Retire In Texas” ebook now by heading over to PAXfinancialgroup.com.

When and how to retire is one of the most important decisions of your life. And it’s a tough one. 

With so many considerations: money, family, church, health and your legacy… it’s no wonder many of us end up frustrated and confused. 

In this conversation, Darryl interviews Steve Swann. Steve is a God-loving Texan who successfully retired after 40 years as an accountant. 

Listen to this episode to discover how you can retire without regrets and spend your golden years passing down your values instead of worrying about money. 

Show highlights include:

• The one thing your spouse wants to know, so you can retire without a fight (9:12) 
• How to have more “fun money” in retirement than when you were working (9:22)
• Why you shouldn’t worry about losing your mental sharpness in retirement (12:36)
• The “balance principle” that lets you relax more, spend more time with your family and pass on your legacy (13:00)
• The two fulfilling habits you should make time for in retirement, so you can enjoy vacations with your children and grandchildren for years to come (14:48)

Grab your free copy of the “Retire In Texas” ebook now by heading over to PAXfinancialgroup.com.

Almost everyone receives a raise at their job sometime during their career. But did you save half of that raise when you got it? You probably didn't.

So where do you learn the life skills about saving for retirement? Some people learn from their family. But most people learn it on their own.

Dale Carse started working at HEB at a young age. While at HEB, he learned the value of saving for retirement. And with each promotion he got, he saved half of his raise. When he retired 37 years later, he had a nice nest egg to live on because he had prepared for retirement.

Listen now to find out what Dale did with his money and how you retire stress-free.

Show highlights include:

• Why being afraid of retirement pays your house (11:09)
• How putting $5 in a piggy bank for your grandchildren gives you the discipline to do the things you want to do (12:11)
• How trying to remember what Saturday you're on lets you enjoy your retirement (and how you'll be empowered to do what you want to do with the savings you've acquired) (14:16)
• Why having a financial planner 15-20 years younger than you sets you up for retirement success (15:21)
• How finding your passion early on in life pushes you to fund your retirement account (17:22)

Grab your free copy of the “Retire In Texas” ebook now by heading over to PAXfinancialgroup.com.

Listen now to discover where the Top 5 cities in Texas are!

Show highlights include:

• Why niche.com thinks The Woodlands is the best city for you to live in America (1:39)
• How having a legendary reenactment in Settler's Park each year lets you participate in Texan history (4:28)
• Living in a great city is knowing your neighbors, having great restaurants close, and feeling part of the community.
• But it's hard to find the right city, especially if you'll commit by moving across the country.
• That's why in this episode a Texan put together a list of the Top 5 best cities to live in Texas. Each city has its own unique story.
• Why living off of the Chisholm Trail in the Wild Wild West lets you enjoy this part of Texas known as Hell's Half Acre (6:59)
• How a Roman Catholic city struggling to grow gives you the best opportunity to live in (10:14)
• Why splitting your time between two major cities lets you experience more of the Texas traditions (13:19)

Grab your free copy of the “Retire In Texas” ebook now by heading over to PAXfinancialgroup.com.

Links:

https://www.after55.com/blog/houston-retirement-guide-pros-cons/

https://www.lifestorage.com/blog/moving/moving-to-houston/