You’re Not Behind — You’re Just Playing the Wrong Financial Game

In Episode 112 of the Money PIG Podcast presented by Goodwin Investment Advisory, Tim Goodwin is joined by his newly promoted co-host Joe Beckford. This episode blends practical wisdom with a friendly, approachable tone as they explore the quiet financial costs that can sneak up on high-net-worth families if planning is left on autopilot

Rather than focusing on market predictions, Tim and Joe encourage listeners to be intentional in 2026 by paying attention to patterns, missed opportunities, and the cost of waiting.

In this episode, they cover

Why missed planning opportunities can quietly cost more than market swings
Commonly overlooked strategies like Roth conversions, backdoor Roths, and QCDs (qualified charitable distributions).
How giving appreciated securities or using a donor-advised fund can be more effective than giving cash
Where money often leaks out through taxes, disorganization, and unaligned advisors
Why your financial advisor, CPA, and estate attorney need to work together
How assumptions about last year can lead to surprises in the next one
The real cost of waiting includes penalties, missed tax savings, and outdated estate documents
One key area to review in 2026 is the different tax types your money is invested in and why having a mix matters.

The big takeaway
Be intentional, not accidental. Have a plan, update it often, and do not do it alone.

Resources and next steps:

Blog Post: How Financial Planning Can Help you Reach Your Long-Term Goals

Blog Post: Things You Didn’t Know a Financial Advisor Could Do For You

Podcast: Things You Didn’t Know a Financial Advisor Could Do For You

For personalized financial guidance, schedule an intro call with our team at Goodwin Investment Advisory in Woodstock, Georgia . Our CFP® professionals can provide advice and help you navigate how to invest your wealth and plan for your retirement. We’d love to help you live out your legacy! To learn more about the benefits and services we offer click here.

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(119)

What's the Point of Money if you Never Enjoy it?

In episode #118, “What’s the Point of Money If You Never Enjoy It?”, Tim and Joe explore a question many diligent savers and high earners eventually face: what is the point of building wealth if you n...

23 Kesä 29min

Why Am I So Burned Out Even Though I’m Successful?

In episode #117, “Why Am I So Burned Out Even Though I’m Successful?”, Tim Goodwin and Joe Beckford unpack a question many high achievers quietly ask themselves: why do I feel exhausted when my career...

9 Kesä 23min

The Cost of Always Being the Responsible One

In “The Cost of Always Being the Responsible One,” Tim Goodwin and Joe Beckford talk about what it means to be the person everyone depends on. Whether you are the one managing money, planning family e...

26 Touko 23min

Is Your Financial Advisor Saving You Enough in Taxes?

Maximize Your Tax Savings with Strategies You Need to KnowUnderstanding how to manage taxes efficiently is crucial to growing wealth—whether you're investing, planning for retirement, or managing dist...

19 Touko 26min

You Don’t Need More Advice — You Need This

Why Human Behavior and Accountability Drive Lasting ChangeIn this episode of the Money PIG podcast, co-hosts Tim Goodwin and Joe Beckford explore why information alone is insufficient for driving chan...

19 Touko 22min

Why AI isn't Your Life Coach

In this episode, we explore the limitations of AI as a life coach and highlight the irreplaceable value of human mentorship. While AI tools like ChatGPT can assist with decision-making and emotional r...

19 Touko 17min

What Could Cost You More Than You Expect in 2026

Money PIG Podcast Episode 111What could cost you more than you expect in 2026In Episode 111 of the Money PIG Podcast, host Tim Goodwin and co-host Joe Beckford talk about the “quiet costs” that can sn...

19 Touko 26min