The Investor Coaching Show with Paul Winkler

Today, Paul and Ira talk about how recent tax law changes around estates, inherited IRAs, and catch-up contributions have changed the landscape of retirement planning and estate planning. Paul wants investors to know that there are more opportunities to get caught in a tax trap as tax laws change and become more complex. Listen along as these two advisors work to educate you on some of the new laws and explain why taxes may become a larger factor in your plan than it was before. Paul also cautions investors who are worried about taxes not to make a decision they’ll later regret when tax laws change again in the future.

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

Today, Paul and Ira give an update on the direction of stock markets over the last few months and encourage investors not to get too caught up in the day-to-day movements. Paul talks about rising interest rates, inflation, and the Federal Reserve chairman’s most recent comments about the economy. Listen along as these two advisors debrief the chairman’s comments and explain why reacting to the comments and predictions of the FED isn’t a recipe for investing success.

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

Today, Paul shares an article that discusses the two biggest misconceptions about Social Security. One group of investors believes that they will never receive social security and won’t make a plan for it. Another group believes that they know how Social Security works and plans to navigate the system on their own. Paul shares that both of these groups have made a mistake and may miss out on income in retirement. Paul encourages you to work with an advisor and make a plan for Social Security because it isn’t going anywhere.

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

If bonds with longer maturities reward you with higher interest rates, why would you choose to exclude them from a diversified portfolio? Today, Paul expands on a video he made last week, “Why Use Bonds in a Portfolio?” and explains the risk of long-term bonds in your portfolio. Listen along as Paul explains why fixed-income investment like bonds get put in a portfolio and why the promise of higher interest rates and long maturities undermines the reason for owning bonds. Later in the episode, Paul shares an article that he sent to his team this week called “Financial Journalism Fails Its Readers.”

To learn more about the problems with indexing and why a structured approach to investing could be better for your financial future, sign up for our webinar here: Are Index Funds Delaying Your Retirement?

A recent nationwide survey shows that 18% of participants said they had long-term care insurance. After the surveying company explained what long-term care insurance was, that number changed to 3%. Today, Paul and Jim talk about why people might think they have long-term care insurance when they actually don’t. Listen along as these advisors have a great conversation about long-term care facilities, medicare coverage, end-of-life care, and the insurance industry.

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

Today, Paul discusses an article about a recent lawsuit against an employer who mismanaged its employees’ retirement accounts. Employers are responsible for making decisions in their employees’ best interest, but oftentimes employers don’t know how to manage the accounts and don’t want to be responsible. Listen along as Paul and Jim talk about how your employer may be making you choose your investments or, even worse, choosing products for you for personal reasons. The result is that your employer spends their time looking out for themselves instead of reaching out for help and choosing products that work for you. Later in the episode, Paul and Jim talk about why investment companies want to sound sophisticated and tout their ability to analyze markets, and why you shouldn’t let any of their “advanced metrics” lead you into market timing.

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.