Guarding Your Nest Egg: Recent Episodes
Mike Lester
It took decades of work and sacrifice to get to where you are. Mike Lester and his team have a vested interest in helping you protect your lifestyle, health, and nest egg now and in the future of your retirement.
Guarding Your Nest Egg Radio
Mike Lester
Kristen Charles
© 2021 Talon Wealth Management. All rights reserved.
Mike Lester is a Registered Representative of and offers securities through World Equity Group, Inc. member FINRA (http://www.finra.org/) and SIPC (https://www.sipc.org/), a Registered Investment Adviser. Investment advisory services offered through Retirement Wealth Advisors. Talon Wealth Management and Retirement Wealth Advisors are separate entities and are not owned or controlled by World Equity Group, Inc. Talon Wealth Management and RWA are not affiliated. Investment Advisory Services offered through Retirement Wealth Advisors, (RWA) a Registered Investment Advisor. Talon Wealth Management and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision.
Check the background of this investment professional on FINRA’s BrokerCheck (https://brokercheck.finra.org/).
An unexpected item has made its way into Costco 🛒. Gold bars! Yep. You can now find one-ounce gold bars for sale online at Costco. Mike and Kristen discuss whether or not it’s a wise move to hedge against economic uncertainty and explore the pros and cons of investing in physical gold.
The rush to buy gold bars at Costco may be a sign of growing economic anxiety and distrust in the government, but it's essential to weigh the practicality of such an investment. Physical gold can be challenging to store and transact with, and there are more accessible alternatives like precious metals ETFs. It's a good idea to consult with a fiduciary financial advisor to explore your options and make informed decisions about protecting your wealth.
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🎃 After some fall 🍂 and creepy Halloween chat 👻 (courtesy of Mike's kids), we discuss various “safe” money options that may be on your radar, and which might be best for YOU! Retirement planning can feel like a daunting task, especially when the economic landscape seems uncertain.
With interest rates on CDs, money market accounts, and Treasury yields showing promise, the question arises: Should you consider annuities or explore alternative options? Mike and Kristen dive into the pros and cons of annuities and explore the potential benefits of Treasury bonds as a safer investment choice for retirees.
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🔔Subscribe to our podcast to learn more about all things portfolio management.
📺 Watch our weekly YouTube show / @guardingyournestegg
🧑💻 For a free financial plan or to talk to an advisor, Click here.
👥 Connect with us on Facebook https://www.facebook.com/talonwealth/
See omnystudio.com/listener for privacy information.
As we approach retirement, financial decisions become increasingly crucial. One is whether to convert your traditional IRA or 401(k) into a Roth IRA. Based on a recent live event attendee's question, Mike and Kristen discuss the complexities of Roth conversions and help you understand whether it's the right choice for your unique financial situation.
➡️ The Allure of Tax-Free Retirement Income: Roth IRA conversions have gained popularity due to the promise of tax-free income during retirement. The concept is enticing: you pay taxes upfront when you convert your traditional retirement accounts, and then your withdrawals in retirement are entirely tax-free. Who wouldn't want that? However, the decision to convert isn't one-size-fits-all, and there are crucial factors to consider.
➡️ Understanding Roth Conversions: Roth conversions involve transferring money from a pre-tax retirement account to a Roth IRA. While this may sound straightforward, it's essential to grasp the tax implications. When you convert, the amount transferred is treated as ordinary income, subject to your current income tax rate. Therefore, your tax bracket plays a pivotal role in the decision-making process.
➡️ Tax Bracket Considerations: Your tax bracket impacts the cost of conversion. If you're already in a high-income tax bracket, converting may mean paying a significant amount in taxes upfront, potentially diminishing the benefits of a Roth IRA. Conversely, if you're in a lower tax bracket, a conversion could be more tax-efficient.
➡️ Timing Matters: Timing is crucial when considering a Roth conversion. It might make more sense to convert when you expect to be in a lower tax bracket, such as after retirement or during years with reduced income. Assess your future income projections to determine the most tax-advantageous time for conversion. Is a Roth IRA conversion right for you? The answer depends on your individual circumstances. It's crucial to gather information, assess your financial goals, and consult with experts who can help you make an informed decision. Reach out to professionals who can guide you on this journey and ensure that your retirement strategy aligns with your unique needs and aspirations.
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🔔Subscribe to our podcast on your preferred platform to learn more about all things portfolio management.
📺 Watch our weekly YouTube show / @guardingyournestegg
🧑💻 For a free financial plan or to talk to an advisor, Click here.
👥 Connect with us on Facebook https://www.facebook.com/talonwealth/
See omnystudio.com/listener for privacy information.
Did you know that writing out your goals makes you 42% more likely to achieve them? 🤔
This week Mike explains the significance a written financial plan can have on your future. Whether a physical document or digital, a written plan helps you analyze thoughts, set clear goals, and outline solutions for the most secure retirement possible.
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🔔Subscribe to our podcast on your preferred platform to learn more about all things portfolio management.
📺 Watch our weekly YouTube show / @guardingyournestegg
🧑💻 For a free financial plan or to talk to an advisor, Click here.
👥 Connect with us on Facebook https://www.facebook.com/talonwealth/
See omnystudio.com/listener for privacy information.
It’s no secret that mortgage rates have surged to the highest levels they’ve been in more than 20 years. Mike explains the impact this could have on soon-to-be and current retirees AND the role a financial advisor should play in your life if you’re thinking about taking out a loan for a new 🏠 or vacation home.
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This week Mike explains the transition from receiving a regular paycheck from your job to begin tapping into your retirement accounts like 401(k)s, IRAs, and pensions when you stop working. Listen to find out how money flows from these accounts to your bank, what role taxes play, and if you can pull it off as a DIY investor… 🧐 Or do you need a financial advisor?
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If you’re paying a financial advisor a fee to manage your money, what else should they be able to help you with? Mike shares his ✅-list based on the countless questions he’s been asked about investing and retirement during the last 2-plus decades as an advisor.
🚨Spoiler alert: Income Planning is simply one component of many.
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After Mike straightens Kristen out on a “fun fact” that’s a “false fact” about the summer heat ☀️, we discuss a concern many Americans ponder:
❓How do we make sure we’re not going to be taken advantage of when it comes to our money for retirement?
After Bernie Maddoff became a household name in 2008, stories of investment advisors NOT being good stewards of their client’s assets have heightened that concern. After discussing a recent ruling against a major bank, Mike shares actionable steps investors can take to help verify if they can feel comfortable working with a fiduciary financial advisor they choose... Because with so much retirement planning advertising, sometimes it's tough to know where to turn for help with 401(k) accounts, IRAs, and other assets.
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This week Mike’s degree in economics from 🐊The University of Florida and being a fiduciary pay off, because some of the “nomics” we’re hearing don’t make sense. If you’ve been scratching your head lately about America's numbers, wall street, and things just feeling off… It’s not just you. Mike explains why all of the options are worth you looking into for your investments for retirement, including possibly using structured notes as part of your portfolio… Depending on your situation.
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Regardless of the tax bracket, many Americans seek ways to save money and not pay full price. Made-up marketing holidays such as Amazon Prime Day 📦 on July 11th & 12th (along with competitors such as Walmart, Best Buy, and Target following suit in some fashion) seem to make that desire to save “easier.” This week Mike and Kristen discuss the difference between getting a deal, versus getting a deal on something you need, and how the same hype can be found in some of the marketing of various financial products, along with what to watch out for concerning your investments for retirement.
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After a reasonably strong first half of the year on wall street and decent economic data... Does this mean "Bidenomics" is a real thing and working?
Mike shares his summer outlook. And even though each situation is different, you'll hear an idea to consider for your portfolio if you don’t think the market will be up more than 5% between now and next year. Plus, what’s old is new again this summer (and in Kristen’s parent's attic) thanks to Barbie and the nostalgia she’s bringing to the box office.
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Your workplace retirement plan may look pretty decent right now, and that’s wonderful news! But if you (like Mike) feel the market is likely to not perform as well in the future, listen to find out what options you might possibly have for your 401(k), 403(b), or TSP accounts. This week Mike also shares his opinion of why a recession COULD be helpful for inflation.
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The American economy has many perplexed. 🤔
👎 A 3rd bank failed within the last 2 months and consumer confidence is low.
👍 However, unemployment is low, and the stock market is doing pretty well despite the Fed raising interest rates for the 10th time in a row, and inflation still being a key concern. Plus, Uncle Sam’s spending doesn’t seem to be slowing down!
Like you, Mike knows these issues need to be addressed in order to ensure a strong and sustainable economy. Since we can’t fix those things personally, he shares why it’s more crucial than ever that you take the time to have a plan created by a fiduciary that includes active management that helps make the most of your retirement accounts in any economy… Along with what fixed rate of return is appropriate in this climate. And no, it’s NOT AN ANNUITY!
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🌺 Mike’s family vacation reminds him how lucky he is to help encourage retirees to create new lifetime memories while helping them manage their retirement income and spending. After some family stories, he discusses how the economy is slowing as the fed raises rates, and why it feels odd the market isn’t responding. Obviously, he (and everyone) wants the economy and market to do well. He spotlights what the team is watching while actively managing portfolios. And with some economists predicting a recessionary period to hit this quarter or next, we hear from Mike if we’re already in a recession. Plus, he shares a tip to consider if you’re thinking of taking advantage of high-yield savings or money market accounts since interest rates are up.
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☎ A listener left a voicemail asking if gold and silver coins are a good idea to buy during concerning economic times. Mike gives a very direct answer, along with what he believes investors should consider if they do want to include precious metals as part of their portfolio. Then he accidentally shows how much he doesn’t know about football 🏈, but clarifies what he DOES know very well about finance & investing, along with ETFs and mutual funds and which one is most efficient. Then we discuss what one popular financial website says are the biggest purchases you'll likely regret in retirement. Mike’s positive perspective shines a bright light on what retirement should be all about... YOU!
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Unfortunately, corporate layoffs are ramping up beyond the tech sector. Obviously, this impacts the livelihoods of many Americans, but it’s also making investing more difficult to navigate. Mike passes along ideas to consider, especially if your upside isn’t over 4% and your money is at risk (depending on the day & institution). Then…
Is President Biden to blame for retirement accounts and wall street being down? You might be surprised by Mike’s insight. ⛳️ Plus, we celebrate the Master’s wrapping up by finding out what golf can possibly teach us about investing!
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Mike & Kristen revisit the “be, kind rewind” movie era and the different experiences they had. However, they agree that 📼 + 🍕 always made family time perfect! Then we share two different (yet similar) questions the Talon fiduciaries addressed from listeners in recent days about planning for income in retirement, especially during precarious economic times. At the end of this episode, Mike becomes the most HACKED-OFF he’s been about annuity advertising… At least to date.
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This week Mike shares a question he hasn’t been asked about money since 2008, along with the personal risks and planning investors should consider during this troubling time for the banking sector. We also dive into new data from Fidelity that shows the number of 401(k) millionaires have fallen. Listen to find out how much that group NOW feels they need to retire comfortably, and what Mike believes they should focus on for their portfolio instead.
And since Mike is a fee-only fiduciary, Kristen asks for his opinion on the various advertisements that claim converting retirement accounts into physical gold & silver is a good idea. 👎 Find out why Mike says it’s not.
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March has been mind-boggling when it comes to economic updates! 🤯 The sudden failure of Silicon Valley Bank panicked the markets and investors, and Mike “Silver Lining” Lester is here to translate how the banking crisis does and does not impact consumers.
March is also a very exciting month for NCAA 🏀. But if you’ve listened to previous episodes, you likely know Mike isn’t a huge sports fan.He’s also not a CPA. However, he is a fee-only fiduciary financial advisor that keeps an eye on tax brackets (not basketball brackets) and how planning for inflation AND future taxes in retirement could impact the success of a financial plan.
Then, based on the volatility of wall street and how things over all just “don’t feel right”... Kristen asks Mike a brave question: Should we consider an Annuity if it pays 5% since that’s currently higher than many money market and savings accounts?
His answer may surprise you...
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Mike starts this week by sharing how a fish fell out of the sky at his home. 🧐 Oddly, that strange moment matches the tone of our economy during this confusing (and overwhelming for many) financial time. 2023 was off to a good start on wall street, but volatility returned in February, and inflation isn’t coming down despite the rate hikes... And we just witnessed the 2nd largest bank failure in American history! Mike shares his stock market insight so that you have more perspective to draw from concerning your 401(k) and other retirement accounts. We also spotlight the fixation of knowing how your savings measure up to others, and many wanting to accumulate $1 million in their portfolio before they retire.
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Are you trying to navigate what’s best for your portfolio during the crazy volatility of the stock market, AND looking back on the losses of 2022? Are you an investor near or in retirement wondering if you should ride this volatility out, or move to cash, a money market account, or an alternative investment? If so, this episode is a must-listen! After Mike shares some of his ideas, he and Kristen discuss how those who spend money on experiences rather than “stuff” tend to be happier.
Plus, about 10 minutes into the episode you’ll find out just how good Mike is at Math!
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After sharing a sweet story about one of Talon's clients and Mike’s youngest child, we dial in on the latest financial news and what it means for your portfolio. In fact, a new survey revealed that 4 in 10 Americans are putting retirement off because of challenging economic conditions, and part of that reason is inflation. He addresses these concerns along with how many retirees are still having to fill an income gap despite the historic 8.7% cost-of-living adjustment from social security. Plus, Mike makes fun of Kristen and the way she’s currently reducing stress.
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Mike and Kristen discuss the influx of discount grocery shopping as consumers search for ways to save money in this inflated economy. Then Mike examines if we already experienced a recession last year AND if another is soon approaching, plus how to best prepare for a possible market pullback. He also talks about forgotten 401(k)s, inverse options, and other strategies (NOT annuities) he and the other Talon fiduciaries are eying for the right situations. Also, Mike points out that Kristen accidentally offended the citizens of the United Kingdom.
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Thankfully wall street closed out January with a stellar start! We’ll find out from Mike if this is a signal that we can let our guard down a little regarding our retirement accounts. He also explains the hot-button investment rule change that just happened under the Biden administration called ESG investment priorities, how it could impact your 401(k), and why YOUR investment goals should be the focus of any fiduciary financial advisor you work with. Plus, we share a relatable story about mom coming home.
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Financial planning is about a lot more than money. This week Mike shares how he’s even helped clients create personalized financial plans based on their goal of retiring out of the country as an ex-pat for whatever reason. The stories are fun! But it's also a great reminder that your advisor should focus on helping you plan for YOUR goals.
Plus, Are we in a market downturn or is this the new normal for wall street and the economy? After settling into the new year, many have looked back and seen their losses in 2022 and want to make sure they’re planning for what’s to come this year. Mike explains why and how active wealth management puts a heavy focus on probabilities when helping investors with their portfolios, especially for those approaching retirement or already there.
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Mike “Silverling” Lester will help us find the positives in all things financial this week:
Inflation is sloooowwwly lowering from its 40-year high while many investors found their portfolios were down about 20% for 2022. And to truly bring inflation down, Jerome Powell says they may have to take some “unpopular measures." Mike explains the disconnect between the stock market, the Fed, and our economy. Plus, he passes along tips to help you know when it may be time to start interviewing for a new advisor when you’re at or in retirement. Here's tip number 1: Make sure your financial advisor is a fiduciary.
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Recession fears are growing. New corporate layoff announcements and Wall Street’s volatility aren’t helping ease the angst of investors. Mike’s shares his perspective on various alternative investments you may want to learn more about.
Plus, if you’ve listened to Guarding Your Nest Egg before, you’re likely aware that Mike isn’t a big fan of annuities. Since he’s been working in the investing world for over 20 years, Kristen asks him what could be an awkward question:
Has Mike EVER suggested or sold an annuity to someone?
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Mike takes a look back at Wall Street in 2022 and shares what he’s eying for clients this year considering recession concerns. If you aren’t familiar with I Bonds, you’ll hear the pros and cons of how they could possibly be a helpful option to help fight inflation… But NOT annuities.
Kristen also shares an interesting travel stat that spotlights Talon’s ability and passion for helping clients with active portfolio management across the country. Plus, we discuss the details of the $1.7 trillion spending bill (Secure 2.0) that Congress passed in late December, including 2 significant changes to required distributions (RMDs) from retirement accounts that could impact your retirement accounts this year.
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To celebrate this Christmas season, we learn about the Elf on the Shelf in Mike's home along with his youngest son losing his 2 front teeth at the perfect time. Plus, Kristen tries to stump Mike with some fun Christmas trivia later in the show!
But since the Fed ticked up interest rates again, we'll also unpack the optimistic earnings forecast many economic analysts have for 2023. Mike answers the questions many are wondering: Does this mean a recession isn’t as likely and a soft landing could be on the way next year? And is cash king at the moment?
Subscribe and listen to hear ideas that may be helpful for your retirement portfolio.
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As we embrace the holiday season, we’ll remind you to save a place at the Thanksgiving table for someone you may not have been planning for… Inflation gobbling up part of your budget! Mike goes through the numbers and explains how this isn’t simply annoying. It impacts the big picture of our economy (including future taxes), all thanks to the Fed and their interest rates antics. With most Americans looking for ways to save a few bucks where they can, we share tips that might help reduce your fresh produce expenses. Mike offers an interesting one about pantyhose and onions. 😂 But like most financial topics, it comes back to VALUE and making sure less money ripens too fast in the kitchen, and inside your investment accounts due to a lack of active management.
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After highlighting one of our Talon Wealth team members' skills, we share how one listener recently reached out for a second opinion because he’s concerned about his portfolio being down lower than he'd like. But he's conflicted about what to do because he really likes who his advisor is. Mike talks about what to consider when faced with the tough decision of hiring or firing an advisor. Then we shift the conversation to Social Security. Most of us have heard we should wait as long as we can to draw benefits so that we ultimately bring in more money during retirement. However, could there be good reasons to start receiving benefits as soon as you can? Every situation is different, but Mike points out what to watch out for.
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The Fed continues increasing rates to fight inflation, but the latest CPI data shows that we're not much better off than we were in March when the aggressive monetary tightening began. Listen to hear Mike’s opinion as to what he believes the central bank’s goal is now that ISN’T being talked about, and how it could impact your retirement money in the future. He also explains how Talon Wealth is working to help clients protect and hopefully make money in a down market with a bear market portfolio, when appropriate.
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Are you frustrated with the performance (or lack thereof) of your investment accounts? This is unfortunately more common than you may realize. That doesn’t mean you should accept being told to just “hang in there.” Plus, we discuss one of the wealthiest men in the world, Jeff Bezos saying it’s time to “batten down the hatches” economically. Mike also simplifies the pros and cons of a trendy option many have been researching to combat inflation in retirement… I bonds. Especially now that the Federal Reserve is expected to raise interest rates again this week.
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The Fed has obviously been very aggressive with interest rate hikes, and many are concerned about the short & long-term impact this will have on our economy and individual retirement accounts. Mike shares his opinion about the recent wall street swings and the pain the Fed is inflicting with their goal of reducing inflation. Also, if you’re feeling overwhelmed by the number of calls and commercials regarding Medicare open enrollment (now through December 7th), Mike explains how you can possibly simplify your approach to finding the best option for you, and NOT get overwhelmed by the marketing.
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After checking in with a few kids about their Halloween costume plans, we focus on how this fall has been a spooky time for the market. With stocks down an average of 20% and bonds down about 14% for the year, many are unfortunately finding out their portfolio isn’t as diversified as they thought for their retirement timeline. Plus, Mike discusses Jamie Dimon’s latest comments about a recession looming and possible future S&P 500 drops. Most importantly Mike shares what you should consider if your advisor keeps telling you to hang in there with a cookie-cutter diversified portfolio.
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Mortgage rates recently reached their highest level since July of 2007. Instead of focusing on a 2008 flashback, Mike explains why it’s more important for you (or you and your advisor) to focus on where the economy is likely to go and how the stock market might react. He also dives into how Fed’s inflation plan is not only impacting household expenses… but the performance of your retirement accounts. If you’re tired of “hanging in there,” this episode is for you.
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The Federal Reserve made history by approving its 3rd consecutive 75-basis-point interest rate hike on September 21st, and wall street didn’t take the news well… Neither did many 401(k)’s. Mike talks about why these fluctuating numbers shouldn’t change your lifestyle, especially if you have a fee-only fiduciary financial advisor actively managing your investment accounts. If you’re part of the growing trend of Americans feeling you might need to postpone your retirement, Mike simplifies how to figure out if you need to delay… or if you’re on track and just don’t realize it.
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Historically, September is a rough month on wall street. With recent stock market pullbacks, investors close to and already in retirement have valid concerns about protecting their portfolios. This week Mike spotlights some of the inverse options for income and growth that Talon’s fiduciaries are explaining to listeners like you. Every situation is different, but this could possibly be a good option for your family if you explored all of the details. So, if you’re looking for a more conservative approach to your retirement accounts, this episode is for you!
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With so much heightened economic news on the agenda, Kristen starts this episode with a little fun by revealing the latest endeavor by Snoop Dogg the entrepreneur. Then it’s back to Biden and his latest proposal. This time for his student loan forgiveness program. Mike explains how this adds to the instability of our economy, the stock market, and the likelihood of higher taxes in the future. He also points out what options to be aware of that are being promoted as solutions for uncertain times that may not be a great fit for your retirement plan. Every situation is different, but Mike wants you to be aware of all of your options during this volatile period while the Fed gets ready to raise rates again.
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After a fun discussion about renting goats to maintain some property, we dial in on what many Americans are concerned about: After a good July, what’s to come for wall street, inflation, interest rates, and our overall economy? Mike weighs in on the Fed’s rate decision, the recession debate, and the paralysis many are feeling about making changes to their retirement accounts. We also discuss target date funds and if they are leading baby boomers to the right target these days, and if iBonds are a good option for those seeking fixed income for retirement.
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After discussing how inflation is impacting some of the spending behavior of higher-income Americans, Mike walks us through his analysis of President Biden’s Inflation Reduction Act and how it could impact your family. Also, despite July being a good month on wall street, he explains why he believes we are still technically in a recession and why it could get worse. And if you saw the movie “The Big Short,” you’ll want to hear why the guy who (in real life) bet on the collapse of subprime mortgages ahead of the 2008 financial crisis is worried about the economy again. Mike is always an optimistic person, but as a fee-only fiduciary financial advisor he shares his insight as to if we should make adjustments to our investment portfolio based on Michael Burry’s latest forecast.
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After chatting about someone breaking the world record for holes-in-one for a good cause, we flashback to when Mike first forecasted that we were already in a recession on his weekly radio show on May 7th of 2022. He also discusses the politicization of redefining the word “recession,” and why not focusing on the actual numbers could negatively impact your retirement portfolio. He explains how he and the other Talon Wealth fiduciary financial advisors are looking into inverse options along with other alternatives to help their clients (when appropriate) through bear market times, and why he believes when the 3rd quarter numbers could be even worse. This isn't a gloom and doom episode, but an important one to hear if you're concerned about the economy impacting your bottom line.
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Homebuilders are tapping the brakes and consumer confidence is down overall. Plus, with the administration trying to change the definition of a recession, confidence is declining even further for many. Mike explains why he thinks it possible that we could have another pullback, and what you can do to better protect your investments for retirement during the recession debate... regardless of the definition.
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This week we discuss the fun way a new retiree is spending her time on screen, and how Mike can ironically relate! Plus, he explains how the significant 2nd quarter drop of copper should be taken into consideration when it comes to your retirement accounts. And with inflation up to 9.1%, the average American family is spending almost $500 a month more than this time last year. Find out how all of this is impacting spending behavior, but how it doesn’t necessarily have to change yours… If you have a fee-only fiduciary financial advisor helping you plan and navigate your financial life in retirement.
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With wall street down and inflation up 9.1% from last year, we’ll discuss why consumers are now likely driving the recession many are predicting. We’ll also reveal what a new survey says about how millionaires are preparing for the possibility of more downturns, and what proactive steps Mike took for his clients in January and in March to help protect his client's portfolios. Plus, we’ll embrace rock ‘n’ roll and entrepreneurs making money in interesting ways!
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It’s no secret that the market has been down for the first 6 months of 2022. As we wait on 2nd quarter GDP numbers to confirm if we’re in a recession or not, listen to find out the consumer behaviors that gives Mike reason to believe we may already be in a recession. He also discusses interest rates and the Fed’s hope of a “soft landing” in this economy.
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The market is volatile, and energy prices and interest rates are on the rise. Mike explains why he believes economic issues like this will create a slowdown in our economy. He also addresses a common question we’re hearing from listeners:
Is going to cash now a good idea in our current climate? Or is it too late?
-Plus, if you planned to retire this year and are now wondering if you can still pull it off, Mike shares a key perspective for you to consider. If you’re feeling overwhelmed that your portfolio may now not be enough for your entire retirement, this episode is for you.
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Wall Street remains rocky, and many near and in retirement are seeking more conservative investment options. Mike explains how he and his team of fiduciaries have been proactively helping their clients navigate this unsettled time by going to cash months ago (depending on the client’s situation). Plus, he explains why an annuity doesn’t make sense for most people… despite being heavily promoted in our current economic environment.
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After discussing Top Gun: Maverick, Mike explains why now more than ever investors near and in retirement should embrace being a maverick by NOT giving in to generic "hang in there" advice, especially with the most recent stock market plunge. We’ll also discuss how bell-bottom jeans, 70’s style stagflation and oil prices are back, and what you and your family can do to combat these economic obstacles. If you’re feeling paralyzed by the fear of what could happen next on wall street and with our economy, this episode is a must listen.
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Are we heading into a recession? For the first time in over 2 years, the S&P 500 recently entered bear-market territory, and inflation isn’t slowing down. Mike simplifies why he believes we may already be in a recession. He also explains what people near and in retirement need to take into account regarding their 401(k)s and other investments earmarked for their future. He also discusses inverse investments, COLA (cost of living adjustments), and how the economic uncertainty is impacting small business owners.
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Mike and Kristen start out discussing the different ways high prices are impacting their personal spending habits. With high inflation and interest rates rising, some strategists are suggesting that investing in bonds is a good idea. However, Mike points out why that may not be the case for you. As a fee-only fiduciary financial advisor, he explains why he’s looking into alternative investments for some of his clients… if it makes sense for them. Plus, you’ll hear a relatable story of someone finding out the hard way that their money isn't being actively managed.
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This week, you may be surprised to learn that many of us might have been brushing our teeth wrong our entire lives while Mike’s 5-year-old son has been ahead of the curve. As a fiduciary financial advisor, Mike takes this opportunity to clear up some misnomers about investing and retirement. Then we discuss cryptocurrency and the possibility of our nation developing a digital currency, and how that could impact our bottom line.
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Before Mike addresses vital financial topics of the week that could impact your portfolio, he shares some GOOD NEWS that will brighten your day! He then discusses how the war in Ukraine will impact our personal economy in both the short term and long term... Outside of record-high gas prices. He also explains the difference between investment management and financial planning, and why both are key at Talon Wealth.
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Mike has a question for you this week: Has your portfolio done well in the last few years because of active management, or because it was on cruise control?
Whether you’re a DIY investor or have a financial advisor, listen to find out why that question is key in today's economic climate. He also sheds light on why the Russia-Ukraine war isn’t the only issue to consider when it comes to market volatility and inflation affecting your retirement accounts.
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While headlines intensify, some Americans are worried about what could happen with geopolitical tensions after the Olympics are over. Mike explains what investors should take a step back and consider regarding their retirement portfolios. Also, inflation is no longer just a pain point, it’s become the voting issue for midterm elections. Since Washington isn’t great at fixing problems and bond rates remain low, Mike explains his approach to combating wall street volatility and higher inflation today… and as the Fed raises rates. You’ll also find out why his biggest concern is discretionary income.
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Investors are concerned more instability could be lingering on Wall Street throughout 2022, especially with the concerns about Russia and Ukraine. Mike describes how he recently helped someone plan for these unknowns and more by educating them on how to take charge of the target date funds inside their workplace retirement accounts. Whether you have a 401(k), 403(B), or other investments, listen to find out if rolling over your accounts is possible and beneficial for your portfolio. And you won’t believe the sign of the times Mike experienced regarding inflation and gas prices!
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After discussing what a new survey revealed about a common cooking ingredient possibly increasing longevity, Mike explains how the labor shortage combined with the surge of baby boomers retiring could impact the economy of our nation and investment portfolio. He also addresses the volatility were experiencing, rising healthcare costs, and what to consider if you feel your advisor isn’t right for you.
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This week, Mike shares what prompted him to become an independent financial advisor and start Talon Wealth Management and the Guarding Your Nest Egg show. Plus, we explore the 3 signs that suggest someone is ready to retire and what that means for you and your family.
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For years Americans have been very focused on becoming millionaires by the time we retire. On this episode, Mike explains how that achievement is more common than the media portrays. Plus, many investors have cash on the sidelines in early 2022 for various reasons: The market is at or near all-time highs, the Fed is discussing raising interest rates this year, and inflation doesn’t seem to be deflating soon. – Mike shares his insight about what to consider if you’re seeking more conservative options for your portfolio.
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After some family chat about Mike’s kids, he unpacks what investors should know about Biden’s latest Build Back Better proposal… Mainly how the top marginal capital gains tax rate could reach 31.8%, the highest rate since the 70’s. Thankfully nothing is final yet, but Mike shares tips about how to be as efficient as possible with the taxes you’ll be paying on your future investments. He also reviews the latest known details about interest rate hikes in 2022 and what to consider regarding your portfolio.
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December has been a little unsteady on Wall Street and many want to capitalize on the market dips. On this episode, Mike boils down how some indicators are reminiscent of 2007 and what investors need to consider. Plus, he explains how to prepare for possible volatility in the new year, along with continued inflation and the unknowns of Biden’s tax plan. He then reflects on the joy he feels as a fiduciary financial advisor when helping people create a plan that shows when they have the freedom to tell their boss to “take this job and shove it.”
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Remember the late 80’s campaign “This is Your Brain on Drugs?” 🍳 This week Mike discusses the current reality of our “brain on inflation.” He also explains why he believes 2022 is on track for an economic pullback, and possibly a recession if we don’t see a catalyst for continued growth soon. He simplifies what you should be doing to prepare when all the bubbles burst. Plus, a story that reminds us why making financial decisions out of fear isn’t a good idea.
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This week Mike shares tips about what you and your family should to consider regarding your investments and the volatility he’s concerned about next year, along with capital gains taxes and the future of your taxes in retirement. Mike also sheds light on how the vaccine mandate is impacting the jobs of many baby boomers, and the choices about your 401(k) and workplace retirement accounts you could be facing if you're in that situation.
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Stores are crowded with people that have a plan to find the best deals on Black Friday and throughout the Christmas season. Mike reveals the financial difference it could it make if someone took similar time and effort to evaluate the fees & taxes inside their portfolio. And for a few years there’s been a “sale” of sorts on tax rates. Mike explains what to keep in mind based on the latest tax debate from Capitol Hill. Plus, he breaks down what the talking heads are predicting about the technology sectors of the market through the end of 2021.
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After we share what Mike and some of our listeners are grateful for, we discuss how the Thanksgiving turkey, pies and sides are expected to cost more compared to last year. Find out Mike’s insight as to whether this is an isolated price spike due to the supply chain problems, or if we need to prepare for more inflation in 2022. Plus, as 2021 winds down, Mike shares year-end moves to consider and tips for those who need to take out RMDs.
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If Wall Street doing so well for so long makes you happy and nervous all at once, this episode is a must listen. Mike explores if these ongoing highs are happening for the right reasons, and what to consider if you’re currently lacking investing confidence. We also discuss the current pain at the pump, and what to consider concerning commodities and your portfolio. Plus, how Mike is helping one of his clients navigate what to do with their workplace retirement accounts since a vaccine mandate has put them out of work.
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After discussing how one business has found an interesting way to motivate teenagers to excel in school and help the labor shortage, we focus on cryptocurrency and trying to control the natural emotions of investing in general. Plus, Mike explains how better uncover if your investment fees are appropriate for what you’re receiving.
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Mike isn’t “woke,” but some economists are concerned that “wokeness” is negatively impacting our economy. If that worries you too, listen as Mike highlights what to keep in mind regarding inflation, the market, and ongoing supply and demand concerns. It’s not just about today’s impact. You need to know how these issues can affect your bottom line in the future. He then explains how he’s helped a few small business owners prepare to retire on their terms during this unchartered economic time.
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After Mike’s 9-year-old fills us in about a rare penny that could be worth $20,000, Mike explains how and why deflation could be the next risk investors face. Plus, with William Shatner at age 90 becoming the oldest person to “gaze into the final frontier” on Blue Origin’s space flight, Mike tells a fascinating story about how one of his clients is doing to push his own limits in retirement.
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As the holiday season approaches, you’ll appreciate Mike sharing his own Christmas Vacation tree moment that happened with his family. Then we uncover why you might be paying more for December decorations this year. Plus, the NFL added a new taunting penalty this season that caught some fans off guard. Mike clarifies why it’s critical that your advisor continuously update you about ongoing retirement rule changes. Football players with padded paychecks paying a penalty is one thing… but Mike is passionate about you being informed and guarding your nest egg against unnecessary financial penalties.
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There are a few uncomfortable conversations we inevitability face:
When we were young, we all dreaded mom and dad explaining the birds and bees. 🦜🐝 But there’s another difficult discussion you need to have with your parents and your own kids… The money talk! Mike unpacks what to discuss regarding goals, retirement accounts, investments and making sure any financial legacy doesn’t inadvertently harm your fiscal future. Plus, what to consider when your advisor retires.
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After some lighthearted chat about the latest fake food for sale, Mike gets very real about the most recent economic numbers, volatility and how it could possibly impact our retirement accounts. Considering the similarities between stocks now and the markets of 1999, 2007 and 1929, Mike spotlights what he’s seeing: Disappointing jobs numbers, a real estate bubble, overbought markets and some businesses slowing down as stimulus spending decreases. If you’re contemplating keeping money one the sidelines, this is a must listen to episode.
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Mike and Kristen discuss how the current news cycle is impacting the financial plans of average investors, by hearing from a few average investors. Find out the bubbles you should be focused on instead of the top headlines, and why. And you may have heard that the current labor shortage has created Americas’ “Great Resignation.” If you’re part of this group and contemplating retiring early or moving to a better position, Mike explains why it’s important that you don’t leave your workplace retirement accounts behind.
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Many Americans are squeezing in one last summer getaway this Labor Day weekend. Whether traveling for fun or business, most of us have asked to check-in early or check-out late of a hotel. It was usually simple. If they could accommodate, they’d happily help you out. Those days could come to an end, because one player in the hotel industry is experimenting with a new tactic: Charging for early and late check-outs along with other basic amenities. Yep, just like the airlines there could be more fees adding up! This week we not only pass along what to watch out for, but Mike breaks down the fees you should be aware of regarding your investments. He also reveals the new government rules that could impact certain decisions about your 401(k).
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Opinions are plentiful in 2021, but this episode is focused on what to consider based on known financial facts. For example, with American household debt increasing, Mike addresses a common question: Should we be debt free before we stop working? Plus, with so many headlines regarding Afghanistan, COVID and vaccinations… Mike spotlights what people typically say causes them to toss and turn at night regarding their money, what to consider moving forward with your investments, and how to take a step back and focus on what’s within our control.
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Remember when “New Coke” was introduced in 1985? Consumers were so outraged that within 77 days Coca-Cola Classic was reintroduced. Today, there are a lot of new ways to invest money compared to previous generations. Mike answers a few questions many are wondering:
Should investors stick with what they know? Or investigate some of the newer options available like bitcoin, meme stocks and NFT’s? Plus, he shares his outlook for wall street for the rest of 2021 and explains why preparing for the unknown should start now.
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Biden’s Americans Rescue Act expanded the Child Tax Credit significantly, and families across America recently started receiving monthly checks in their bank accounts. Mike explains how this might affect you financially even if you didn’t receive any the cash. Plus, CBS News found that 4 out of 10 Americans are considering a job change in the next year. If you’re part of that club, listen to find out how you could possibly miss out on making more off your retirement accounts if leave a 401(k) behind.
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Do you ever think about all of the JK’s, BTW’s and ROFL’s you see or send? Since we do almost everything online or on our phones, acronyms have become a social norm. We have a little fun at Mikes expense testing his “wokeness” (as the kids say) of day-to-day abbreviations. Then he enlightens us on the investing acronyms that sometimes puzzle investors. Plus, what we really need to focus on concerning our retirement accounts. Find out the answers to some FAQs, because you can never have TMI about money. 😉
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While we’re quickly moving through 2021, Mike unveils the steps investors should consider for a midyear financial checkup. Plus, Vanguard says most retirement savers are sticking to “vanilla” retirement plans. In a world filled with headlines about meme stocks, bitcoin, inflation and tax concerns... find out if the “vanilla” option is good for you in this current market.
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The Fed Chief signaled that interest rate hikes could happen in 2023, then another Fed official says it may be as soon as 2022. It’s not only puzzling to many Americans, in June it prompted the worst sell-off on Wall Street since the fall of 2020. Considering that and the concern over rising taxes, Mike simplifies what these issues could mean for your portfolio and the future of your retirement.
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It’s not just you, we’re all feeling it. Consumer prices went up more than expected in May. Mike sheds light on the current inflation surge and if this is temporary or not. Plus, with wall street already heating up this summer, he discusses the possibilities of our investment accounts over the coming months. Listen to better understand why this isn’t time isn’t to get complacent about your money just because summer vacations are top of mind.
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42% of small-business owners reported job openings they could not fill in March, however, Treasury Secretary Janet Yellen said she feels confident about the U.S. economy and overall employment moving forward. We get Mike’s insight on what this means for your wallet, and he sheds light on what the recent gas shortage can teach us about how we make investment decisions.
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Travel is making a comeback, but so are fees. We’ll fill you in on what to watch out for this summer. Then Mike tells us about a couple that didn’t realize the total fees another firm was going to charge to manage their money. This is a must listen to episode, because this happens all too often with average investors. Plus, we discuss self-made millionaires, and how a number of the millionaires that Mike and his teamwork with weren’t CEOs with big 6 figure salaries.
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If you’re a DYI homeowner or looking to buy a new home, you’re well aware that lumber skyrocketed during the pandemic, and prices remain at all-time highs. Mike sheds light on what to consider for your portfolio when we see major shifts and bubbles like this. Plus, many Americans have been stockpiling cash because they didn’t spend as much in 2020 – but Mike explains the pros and cons of that behavior regarding the big picture of our economy.
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Bernie Madoff executed the largest Ponzi scheme in history, defrauding thousands of investors out of tens of billions of dollars for almost 2 decades. The high-profile fraud headlines of 2008 and 2009 were jarring but were also a blessing in disguise for many Americans. Investors began asking their financial advisors more details about how their money is managed, and rightfully so! On this episode, Mike brings to light the key questions you and any investor should ask a current or potential advisor. Plus, how technology can help your portfolio when properly integrated with your goals.
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Since many of us are spring cleaning at home, Mike revels actionable steps to spring-clean our financial life. He also answers a common financial question from a couple you may relate to, and share’s the habits he’s seen successful savers practice over the years.
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Find out what watching your favorite home improvement show on HGTV may have in common with the way many approach financial planning. Plus, we discuss what’s changed on the popular trading app Robinhood, and how people in their mid 50’s should look at integrating technology into their personal investment plans.
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Find out how President Biden’s proposed wealth tax is a bit more complex than increasing the income tax rates of those earning more than $400k a year. Mike passes along questions for investors to ask a current or potential financial advisor to help you find the right person for what you need. Plus, what we can learn from the childhood game of hot potato regarding Bitcoin.
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After we pay tribute to the king of talk radio behind the golden EIB microphone, Rush Limbaugh, Mike breaks down some recent headlines including: Is the market in an early manic stage? And with Bitcoin's market value topping $1 trillion recently, how should investors react? Plus, what’s really going on with gas prices.
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What was your first job? Listen to find out how creative Mike got as a teenager to bring in spending money! After we reminisce over the tax shock most of us felt when opening our very first paycheck… Mike simplifies how we have more control over taxes when it comes to our portfolio than many realize.
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Guarding Your Nest Egg Radio
Mike Lester
Kristen Charles
https://talonwm.com/
https://guardingyournestegg.com/
https://anchor.fm/guarding-your-nest-egg
© 2021 Talon Wealth Management. All rights reserved.
Mike Lester is a Registered Representative of and offers securities through World Equity Group, Inc. member FINRA (http://www.finra.org/) and SIPC (https://www.sipc.org/), a Registered Investment Adviser.
Investment advisory services offered through Retirement Wealth Advisors.
Talon Wealth Management and Retirement Wealth Advisors are separate entities and are not owned or controlled by World Equity Group, Inc.
Talon Wealth Management and RWA are not affiliated.
Investment Advisory Services offered through Retirement Wealth Advisors, (RWA) a Registered Investment Advisor. Talon Wealth Management and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision
Check the background of this investment professional on FINRA’s BrokerCheck (https://brokercheck.finra.org/).
See omnystudio.com/listener for privacy information.
Guarding Your Nest Egg Radio
Mike Lester
Kristen Charles
https://talonwm.com/
https://guardingyournestegg.com/
https://anchor.fm/guarding-your-nest-egg
© 2021 Talon Wealth Management. All rights reserved.
Mike Lester is a Registered Representative of and offers securities through World Equity Group, Inc. member FINRA (http://www.finra.org/) and SIPC (https://www.sipc.org/), a Registered Investment Adviser.
Investment advisory services offered through Retirement Wealth Advisors.
Talon Wealth Management and Retirement Wealth Advisors are separate entities and are not owned or controlled by World Equity Group, Inc.
Talon Wealth Management and RWA are not affiliated.
Investment Advisory Services offered through Retirement Wealth Advisors, (RWA) a Registered Investment Advisor. Talon Wealth Management and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision
Check the background of this investment professional on FINRA’s BrokerCheck (https://brokercheck.finra.org/).
See omnystudio.com/listener for privacy information.
Mike simplifies the financial buzz about the Reddit message board Wall Street Bets creating a trading frenzy with GameStop, and most importantly how headlines like this impact your portfolio. Plus, we’ll find out what the Bucs & Chiefs game this weekend can teach us about our approach to your personal investment strategy.
See omnystudio.com/listener for privacy information.
Guarding Your Nest Egg Radio
Mike Lester
Kristen Charles
https://talonwm.com/
https://guardingyournestegg.com/
https://anchor.fm/guarding-your-nest-egg
© 2021 Talon Wealth Management. All rights reserved.
Mike Lester is a Registered Representative of and offers securities through World Equity Group, Inc. member FINRA (http://www.finra.org/) and SIPC (https://www.sipc.org/), a Registered Investment Adviser.
Investment advisory services offered through Retirement Wealth Advisors.
Talon Wealth Management and Retirement Wealth Advisors are separate entities and are not owned or controlled by World Equity Group, Inc.
Talon Wealth Management and RWA are not affiliated.
Investment Advisory Services offered through Retirement Wealth Advisors, (RWA) a Registered Investment Advisor. Talon Wealth Management and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision
Check the background of this investment professional on FINRA’s BrokerCheck (https://brokercheck.finra.org/).
See omnystudio.com/listener for privacy information.
Guarding Your Nest Egg Radio
Mike Lester
Kristen Charles
https://talonwm.com/
https://guardingyournestegg.com/
https://www.youtube.com/channel/UCBNgaszPfFovDaMUL4iWXkQ
https://anchor.fm/guarding-your-nest-egg
© 2021 Talon Wealth Management. All rights reserved.
Mike Lester is a Registered Representative of and offers securities through World Equity Group, Inc. member FINRA (http://www.finra.org/) and SIPC (https://www.sipc.org/), a Registered Investment Adviser.
Investment advisory services offered through Retirement Wealth Advisors.
Talon Wealth Management and Retirement Wealth Advisors are separate entities and are not owned or controlled by World Equity Group, Inc.
Talon Wealth Management and RWA are not affiliated.
Investment Advisory Services offered through Retirement Wealth Advisors, (RWA) a Registered Investment Advisor. Talon Wealth Management and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision
Check the background of this investment professional on FINRA’s BrokerCheck (https://brokercheck.finra.org/).
See omnystudio.com/listener for privacy information.
Lockheed Martin savings plans through Empower.
We see people on a regular basis that work of previously worked for Lockheed Martin. Most have the same goal; to generate as much return as possible with the least risk.
Target date funds can't promise to adjust the risk of the investments when markets change because the investment strategy is based on how close they are to the target date.
Active management can help reduce the risk a portfolio takes by adjusting the investment strategy depending on what is happening in the markets.
Guarding Your Nest Egg Radio
Mike Lester
https://talonwm.com/
https://guardingyournestegg.com/
© 2020 Talon Wealth Management. All rights reserved.
Mike Lester is a Registered Representative of and offers securities through World Equity Group, Inc. member FINRA (http://www.finra.org/) and SIPC (https://www.sipc.org/), a Registered Investment Adviser.
Investment advisory services offered through Retirement Wealth Advisors.
Talon Wealth Management and Retirement Wealth Advisors are separate entities and are not owned or controlled by World Equity Group, Inc.
Talon Wealth Management and RWA are not affiliated.
Investment Advisory Services offered through Retirement Wealth Advisors, (RWA) a Registered Investment Advisor. Talon Wealth Management and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision
Check the background of this investment professional on FINRA’s BrokerCheck (https://brokercheck.finra.org/).
See omnystudio.com/listener for privacy information.
Mike Lester
Kristen Charles
www.talonwm.com
www.guardingyournestegg.com
© 2020 Talon Wealth Management. All rights reserved.
Mike Lester is a Registered Representative of and offers securities through World Equity Group, Inc. member FINRA (http://www.finra.org/) and SIPC (https://www.sipc.org/), a Registered Investment Adviser.
Investment advisory services offered through Retirement Wealth Advisors.
Talon Wealth Management and Retirement Wealth Advisors are separate entities and are not owned or controlled by World Equity Group, Inc.
Talon Wealth Management and RWA are not affiliated.
Investment Advisory Services offered through Retirement Wealth Advisors, (RWA) a Registered Investment Advisor. Talon Wealth Management and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision
Check the background of this investment professional on FINRA’s BrokerCheck (https://brokercheck.finra.org/).
See omnystudio.com/listener for privacy information.
Mike Lester
Kristen Charles
www.talonwm.com
www.guardingyournestegg.com
© 2020 Talon Wealth Management. All rights reserved.
Mike Lester is a Registered Representative of and offers securities through World Equity Group, Inc. member FINRA (http://www.finra.org/) and SIPC (https://www.sipc.org/), a Registered Investment Adviser.
Investment advisory services offered through Retirement Wealth Advisors.
Talon Wealth Management and Retirement Wealth Advisors are separate entities and are not owned or controlled by World Equity Group, Inc.
Talon Wealth Management and RWA are not affiliated.
Investment Advisory Services offered through Retirement Wealth Advisors, (RWA) a Registered Investment Advisor. Talon Wealth Management and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision
Check the background of this investment professional on FINRA’s BrokerCheck (https://brokercheck.finra.org/).
See omnystudio.com/listener for privacy information.
Mike Lester
Kristen Charles
www.talonwm.com
www.guardingyournestegg.com
© 2020 Talon Wealth Management. All rights reserved.
Mike Lester is a Registered Representative of and offers securities through World Equity Group, Inc. member FINRA (http://www.finra.org/) and SIPC (https://www.sipc.org/), a Registered Investment Adviser.
Investment advisory services offered through Retirement Wealth Advisors.
Talon Wealth Management and Retirement Wealth Advisors are separate entities and are not owned or controlled by World Equity Group, Inc.
Talon Wealth Management and RWA are not affiliated.
Investment Advisory Services offered through Retirement Wealth Advisors, (RWA) a Registered Investment Advisor. Talon Wealth Management and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision
Check the background of this investment professional on FINRA’s BrokerCheck (https://brokercheck.finra.org/).
See omnystudio.com/listener for privacy information.
Mike Lester
Kristen Charles
www.talonwm.com
www.guardingyournestegg.com
© 2020 Talon Wealth Management. All rights reserved.
Mike Lester is a Registered Representative of and offers securities through World Equity Group, Inc. member FINRA (http://www.finra.org/) and SIPC (https://www.sipc.org/), a Registered Investment Adviser.
Investment advisory services offered through Retirement Wealth Advisors.
Talon Wealth Management and Retirement Wealth Advisors are separate entities and are not owned or controlled by World Equity Group, Inc.
Talon Wealth Management and RWA are not affiliated.
Investment Advisory Services offered through Retirement Wealth Advisors, (RWA) a Registered Investment Advisor. Talon Wealth Management and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision
Check the background of this investment professional on FINRA’s BrokerCheck (https://brokercheck.finra.org/).
See omnystudio.com/listener for privacy information.
Guarding Your Nest Egg Radio
Mike Lester
Kristen Charles
www.talonwm.com
www.guardingyournestegg.com
© 2020 Talon Wealth Management. All rights reserved.
Mike Lester is a Registered Representative of and offers securities through World Equity Group, Inc. member FINRA (http://www.finra.org/) and SIPC (https://www.sipc.org/), a Registered Investment Adviser.
Investment advisory services offered through Retirement Wealth Advisors.
Talon Wealth Management and Retirement Wealth Advisors are separate entities and are not owned or controlled by World Equity Group, Inc.
Talon Wealth Management and RWA are not affiliated.
Investment Advisory Services offered through Retirement Wealth Advisors, (RWA) a Registered Investment Advisor. Talon Wealth Management and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision
Check the background of this investment professional on FINRA’s BrokerCheck (https://brokercheck.finra.org/).
See omnystudio.com/listener for privacy information.
Guarding Your Nest Egg Radio Mike Lester Kristen Charles www.talonwm.com www.guardingyournestegg.com © 2020 Talon Wealth Management. All rights reserved. Mike Lester is a Registered Representative of and offers securities through World Equity Group, Inc. member FINRA (http://www.finra.org/) and SIPC (https://www.sipc.org/), a Registered Investment Adviser. Investment advisory services offered through Retirement Wealth Advisors. Talon Wealth Management and Retirement Wealth Advisors are separate entities and are not owned or controlled by World Equity Group, Inc. Talon Wealth Management and RWA are not affiliated. Investment Advisory Services offered through Retirement Wealth Advisors, (RWA) a Registered Investment Advisor. Talon Wealth Management and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision Check the background of this investment professional on FINRA’s BrokerCheck (https://brokercheck.finra.org/).
See omnystudio.com/listener for privacy information.
1 in 3 retirees say they're not ready for TAXES in retirement
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Falling interest rates and how they impact income in retirement
Accept minimal returns or take more risk?
Guarding Your Nest Egg Radio
Mike Lester
Kristen Charles
www.talonwm.com
www.guardingyournestegg.com
© 2019 Talon Wealth Management. All rights reserved.
Mike Lester is a Registered Representative of and offers securities through World Equity Group, Inc. member FINRA (http://www.finra.org/) and SIPC (https://www.sipc.org/), a Registered Investment Adviser.
Investment advisory services offered through Retirement Wealth Advisors.
Talon Wealth Management and Retirement Wealth Advisors are separate entities and are not owned or controlled by World Equity Group, Inc.
Talon Wealth Management and RWA are not affiliated.
Investment Advisory Services offered through Retirement Wealth Advisors, (RWA) a Registered Investment Advisor. Talon Wealth Management and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision
Check the background of this investment professional on FINRA’s BrokerCheck (https://brokercheck.finra.org/).
See omnystudio.com/listener for privacy information.
Taking income from portfolios can be a difficult transition for many because we are conditioned to add to their retirement accounts NOT take from them
Guarding Your Nest Egg Radio
Mike Lester
Kristen Charles
www.talonwm.com
www.guardingyournestegg.com
© 2019 Talon Wealth Management. All rights reserved.
Mike Lester is a Registered Representative of and offers securities through World Equity Group, Inc. member FINRA (http://www.finra.org/) and SIPC (https://www.sipc.org/), a Registered Investment Adviser.
Investment advisory services offered through Retirement Wealth Advisors.
Talon Wealth Management and Retirement Wealth Advisors are separate entities and are not owned or controlled by World Equity Group, Inc.
Talon Wealth Management and RWA are not affiliated.
Investment Advisory Services offered through Retirement Wealth Advisors, (RWA) a Registered Investment Advisor. Talon Wealth Management and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision
Check the background of this investment professional on FINRA’s BrokerCheck (https://brokercheck.finra.org/).
See omnystudio.com/listener for privacy information.
Judge Judy sold her TV show to CBS in 2017 and now collects $47 million per year to host the show. Why did she sell? Because she didn't want the responsibilities of running the show and was happy showing up to work and collecting a big fat check.
It's similar to what a person wants in retirement. They worked their entire life and saved. The last thing they want to do is spend their time watching their money.
Also, what you should be doing in the fall to plan for taxes next April.
Guarding Your Nest Egg Radio
Mike Lester
Kristen Charles
www.talonwm.com
www.guardingyournestegg.com
© 2019 Talon Wealth Management. All rights reserved.
Mike Lester is a Registered Representative of and offers securities through World Equity Group, Inc. member FINRA (http://www.finra.org/) and SIPC (https://www.sipc.org/), a Registered Investment Adviser.
Investment advisory services offered through Retirement Wealth Advisors.
Talon Wealth Management and Retirement Wealth Advisors are separate entities and are not owned or controlled by World Equity Group, Inc.
Talon Wealth Management and RWA are not affiliated.
Investment Advisory Services offered through Retirement Wealth Advisors, (RWA) a Registered Investment Advisor. Talon Wealth Management and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision
Check the background of this investment professional on FINRA’s BrokerCheck (https://brokercheck.finra.org/).
See omnystudio.com/listener for privacy information.