Every Day is Saturday: Recent Episodes
Brad Gotto and Matt Stahl
Our job begins where most advisors stop—saving money is great, but how do you spend it without risk in retirement? Welcome to Every Day is Saturday with Brad Gotto and Matt Stahl, partners and private wealth managers at Fiat Wealth Management. In this podcast we help guide you to think about your money in a practical sense and make the boring and complex financial decisions, fun, informative and educational. Join us on this journey where Brad and Matt will explore different strategies on how to spend your money without guilt and have peace of mind knowing you are spending it the optimal way in retirement.
In this episode of Retirement Redefined, Carly Carlson and Jenny Smerud discuss the intricacies of tax returns for small business owners, using a fictional case study to illustrate key concepts. They explore the importance of understanding tax strategy, compensation, retirement planning, and the timing of investments. The conversation emphasizes the need for proactive planning and the value of extensions in managing cash flow. The hosts also highlight common errors in tax returns and the significance of aligning tax strategies with business goals.
In this episode of Retirement Redefined, host Brad Gotto engages in a candid conversation with his 16-year-old son, Liam, about financial decisions and responsibilities as he approaches adulthood. They explore various scenarios, from spending money to saving and investing, while discussing the importance of financial education and the impact of parental guidance on financial literacy. The conversation highlights the challenges teens face in managing money, the significance of giving back, and the value of making informed financial choices.
In this episode, Brad and Derek share the story behind their strategic merger, exploring their friendship, industry insights, and vision for the future of their financial services organizations. Discover how their collaboration aims to serve families better and stay ahead in a changing industry.
In this episode of Retirement Redefined, Brad Gotto discusses the often-overlooked financial implications of losing a spouse, commonly referred to as the 'widow's tax.' He explains how the tax situation changes dramatically for the surviving spouse, leading to increased tax bills and financial complexity. Brad emphasizes the importance of planning ahead to mitigate these impacts and ensure financial stability for the surviving spouse. He also highlights the need for simplicity in financial planning during such emotional times and encourages proactive measures to manage tax liabilities effectively.
In this episode of Retirement Redefined, host Brad Gotto speaks with Kaycee Stanley, founder of the Real Hope Project, about the importance of giving back and the impact of foster care and adoption. They discuss Casey's journey into nonprofit work, the mission of the Real Hope Project, and how they create videos to help children in foster care find forever families. The conversation highlights the significance of family, community involvement, and the power of generosity in transforming lives. In this conversation, Kaycee Stanley and Brad Gotto explore the themes of generosity, community support, and finding purpose in life through acts of giving. They discuss the challenges of fundraising for a national organization while relying on local support, the contagious nature of generosity, and the importance of starting small in the journey of giving. The conversation highlights the impact of community involvement and the joy that comes from selfless acts, emphasizing that even small contributions can lead to significant change over time.
In this episode of Retirement Redefined, Brad Gotto delves into the essence of financial literacy, emphasizing that it's not merely about knowledge but about behavior and decision-making. He outlines a practical framework for achieving financial literacy by focusing on life goals rather than numbers, advocating for simplicity in financial planning, and the importance of defining what 'enough' means for individuals. The conversation highlights the emotional aspects of money management and the role of financial advisors in guiding clients towards a fulfilling financial life.
In this episode, Brad Gotto discusses the true meaning of financial literacy, emphasizing that it goes beyond mere knowledge. He explores how emotions and behaviors significantly influence financial decisions, often leading to irrational choices. The conversation highlights the importance of having a financial plan, the role of a financial advisor, and the need for consistent habits to achieve long-term financial success. Gotto argues that understanding one's emotional responses to money is crucial for making sound financial decisions and that having a coach can help navigate these challenges effectively.
In this episode of Retirement Redefined, host Brad Gotto discusses the implications of receiving a tax refund, emphasizing the importance of understanding why you may have received the refund, how to best utilize it, and ensuring that any decisions made align with overall financial goals. He encourages listeners to ask critical questions about their tax situation and to consult with financial advisors to optimize their financial planning.
Thanks for listening to Retirement: Redefined.
Fiat Wealth Management helps individuals and families navigate retirement planning, investment strategy, and tax-efficient decision-making with clarity and confidence.
To connect with our team, email hello@fiatwm.com or visit www.fiatwm.com to learn more!
In this episode, Brad Gotto discusses the essential questions to ask when hiring a financial advisor, emphasizing the importance of understanding fiduciary standards, compensation models, and the services offered. He highlights the need for transparency in financial services and the significance of building a personal connection with your advisor, as this relationship is crucial for managing one's life savings effectively.
Thanks for listening to Retirement: Redefined.
Fiat Wealth Management helps individuals and families navigate retirement planning, investment strategy, and tax-efficient decision-making with clarity and confidence.
To connect with our team, email hello@fiatwm.com or visit www.fiatwm.com to learn more!
In this conversation, Brad Gotto talks more with Chad Greenway as he reflects on his journey from professional football to entrepreneurship, emphasizing the importance of family, personal growth, and finding purpose beyond sports. He shares insights on transitioning to life after football, the challenges of starting a business, and the value of self-awareness in navigating identity crises. Gotto also discusses his passion for farming and the joy of being present for his children, highlighting the lessons learned from both successes and failures in his career. To support Chad's foundation please click this link Lead The Way Foundation
Thanks for listening to Retirement: Redefined.
Fiat Wealth Management helps individuals and families navigate retirement planning, investment strategy, and tax-efficient decision-making with clarity and confidence.
To connect with our team, email hello@fiatwm.com or visit www.fiatwm.com to learn more!
In this conversation, Brad Gotto welcomes Chad Greenway who reflects on his journey from a small town in South Dakota to becoming a star linebacker for the Minnesota Vikings. He discusses the challenges of transitioning from a professional athlete to life after football, emphasizing the importance of identity, family, and community. Greenway shares insights on his upbringing, his time at the University of Iowa, and the realities of playing in the NFL, including the mental and physical demands of the sport. He also highlights the significance of being a father and coach, as he navigates his children's athletic pursuits while instilling values of hard work and determination.
Thanks for listening to Retirement: Redefined.
Fiat Wealth Management helps individuals and families navigate retirement planning, investment strategy, and tax-efficient decision-making with clarity and confidence.
To connect with our team, email hello@fiatwm.com or visit www.fiatwm.com to learn more!
In this monthly market commentary, Brad Gotto and Tim Holland discuss the current state of the market as we enter 2026. They reflect on the bull run's performance, the implications of AI on productivity, and the potential impact of tariffs and administration decisions on the economy. The conversation emphasizes the importance of diversification and staying committed to long-term financial plans amidst market volatility.
Thanks for listening to Retirement: Redefined.
Fiat Wealth Management helps individuals and families navigate retirement planning, investment strategy, and tax-efficient decision-making with clarity and confidence.
To connect with our team, email hello@fiatwm.com or visit www.fiatwm.com to learn more!
In this conversation, Brad Gotto and Carly Carlson discuss the journey of Matt Eicheldinger, a former middle school teacher turned author. They explore themes of patience, long-term thinking, and the challenges of building a meaningful career. Matt shares his experiences with rejection, the motivation that kept him going, and the importance of self-driven learning. He talks about his extensive journey to becoming a published author, emphasizing the importance of resilience, perseverance, and the long-term commitment required to achieve success in the writing industry. The conversation highlights the significance of being a lifelong learner and the value of sharing one's story to inspire others.
Thanks for listening to Retirement: Redefined.
Fiat Wealth Management helps individuals and families navigate retirement planning, investment strategy, and tax-efficient decision-making with clarity and confidence.
To connect with our team, email hello@fiatwm.com or visit www.fiatwm.com to learn more!
In this episode of Retirement Redefined, Brad Gotto and Carly Carlson discuss the significance of January in financial planning. They emphasize the importance of early tax preparation, reviewing contribution limits for retirement accounts, and the necessity of evaluating overlooked benefits and insurance. The conversation highlights the consequences of delayed financial planning and offers strategies for setting achievable financial goals for the new year. Listeners are encouraged to take proactive steps to ensure their financial well-being throughout the year.
In this episode of Retirement Redefined, host Brad Gatto continues the series introducing the FIAT Wealth Management team. The conversation features key team members, including Carly Carlson, Ashley Milot, Cooper Hitt, and Kaylee Schmidt, who share insights on their roles, personal experiences, and the growth of the company. The episode emphasizes the importance of teamwork, leadership, and innovation in providing exceptional service to clients, while also highlighting personal stories that reflect the values and culture of FIAT. In this episode, the conversation explores personal connections, team milestones, and the importance of client service at Fiat. The guests share their experiences, insights into their roles, and the significance of communication and process improvement in financial planning. Personal anecdotes about hobbies, family life, and the culture at Fiat highlight the team's dedication and passion for their work.
In this episode of Retirement Redefined, host Brad Gotto introduces listeners to the team at Fiat Wealth Management, highlighting the growth and changes within the organization. The episode features conversations with new advisors Aaron, Lauren, and Darren, who share their experiences, insights, and personal stories. The discussions emphasize the importance of client education, the emotional aspects of financial planning, and the value of building strong relationships with clients. Each advisor reflects on their journey, the challenges they face, and the rewarding moments that make their work meaningful.
In this episode of Retirement Redefined, hosts Brad Gotto and Carly Carlson along with guest Derek Swedberg, CEO and Owner of PACK Companies discuss the significance of having a clear entrepreneurial vision and how it shapes both business and personal life. Derek shares his journey from a competitive childhood influenced by his grandfather to founding PACK Wealth, a firm dedicated to helping families achieve financial clarity. The conversation emphasizes the importance of intentionality in both business and personal life, and how building strong relationships and a supportive community can lead to greater success and fulfillment.
In this episode, Brad Gotto and co-host Carly Carlson discuss the emotional and logistical challenges of caregiving for aging parents. They are joined by Erin Holland, who shares her personal journey of navigating her parents' care, including the importance of early conversations about health and legal decisions. The discussion covers the complexities of cognitive decline, the necessity of legal documents, and the financial implications of caregiving. Erin emphasizes the need for clear communication and documentation to ease the burden on families during difficult times.
In this conversation, Brad Gotto and Tim Holland discuss the recent performance of the markets, focusing on the positive trends in Q3, particularly in small cap stocks. They explore the implications of US debt and the weakening dollar, while also contrasting optimistic and pessimistic views on the future of the economy. The discussion emphasizes the importance of patience and diversification in investment strategies, ultimately encouraging a long-term optimistic outlook despite current challenges.
In this episode, Brad Gatto concludes the discussion on 'The Psychology of Money' with a focus on personal confessions regarding money management. He shares insights from Morgan Housel's final chapter, emphasizing the individuality of financial decisions and the importance of balancing spreadsheet logic with personal comfort. Brad also reflects on his own financial habits, the challenges of saving, and the significance of teaching children about money. The episode wraps up with a teaser for a future discussion on the postscript of the book, which delves into the historical context of consumer behavior.
In this episode, Brad Gotto reviews Chapter 19 of 'The Psychology of Money' by Morgan Housel, focusing on the importance of balance in financial success. He discusses the significance of consent in financial decisions, universal truths in finance and healthcare, and the need for personal values in financial planning. The episode emphasizes managing money for peace of mind, defining success on one's own terms, and embracing uncertainty and risk. Brad encourages listeners to combine spreadsheet truths with their personal values to achieve true financial well-being.
In this episode of Retirement Redefined, hosts Brad Gotto and Carly Carlson along with special guest Michael Folker discuss the principles from the book 'The Psychology of Money' by Morgan Housel, focusing on the importance of behavioral finance in investing. They explore how personal beliefs and stories shape financial decisions, the impact of social media and AI on investor behavior, and the common mistakes investors make due to emotional biases. The conversation emphasizes the need for a holistic understanding of risk and the significance of maintaining a balanced perspective in financial planning.
In this episode, Brad and Carly welcome Skip Johnson and Austin Schmitt as they discuss the importance of real estate diversification in investment portfolios. They explore the appeal of real estate as a tangible asset, the misconceptions surrounding it, and the various ways to invest passively without becoming a landlord. The conversation also covers the risks associated with real estate investment, how it integrates with traditional investments, and the tax advantages that can be leveraged. The episode concludes with practical advice for listeners considering real estate as part of their financial strategy.
This episode features Brad Gotto's market commentary, focusing on the recent volatility in the markets, the future of the US dollar, and the current opportunities in non-risk assets. They explore the economic landscape, the impact of inflation, and the importance of having a long-term investment strategy. The conversation emphasizes the need for financial planning and the potential for growth in a changing economic environment.
In this episode of Retirement Redefined, Brad Gotto explores Chapter 17 of 'The Psychology of Money' by Morgan Housel, focusing on the theme of pessimism and its seductive nature in financial decision-making. He discusses how fear and negative headlines often dominate conversations, leading to a pessimistic outlook that can hinder financial planning and personal growth. Brad emphasizes the importance of balancing optimism and pessimism in financial strategies, advocating for a mindset that recognizes long-term growth while being aware of short-term risks. He concludes with practical advice on incorporating optimism into financial planning, highlighting the role of behavioral finance in understanding investor behavior
In this episode of Retirement Redefined, host Brad Gatto and guest Tim Holland discuss the implications of the One Big Beautiful Bill, focusing on the Tax Cuts and Jobs Act and its effects on consumers and financial planning. They explore the changes in tax legislation, including deductions and exemptions, and the complexities of navigating the tax code. The conversation also addresses concerns about national debt and inflation, while providing an optimistic outlook on the economy's future.
In this episode of Retirement Redefined, hosts Brad Gotto and Carly Carlson explore how personal experiences and upbringing shape financial decisions. They discuss the importance of understanding client mindsets in financial planning, the impact of geographical and age differences on financial perspectives, and the need for effective communication in financial relationships. The conversation emphasizes that financial decisions are not solely based on spreadsheets but are deeply influenced by emotions and personal experiences.
In this episode of Retirement Redefined, hosts Brad Gotto and Carly Carlson explore Chapter 16 of Morgan Housel's 'The Psychology of Money.' They discuss how personal experiences and upbringing shape financial decisions, emphasizing that financial choices are often influenced by emotions rather than pure logic. The conversation delves into the importance of understanding client mindsets in financial planning, the impact of geographical and age differences on financial perspectives, and the necessity of effective communication in financial relationships. The hosts encourage listeners to reflect on their own money stories and the experiences that have shaped their financial outlooks.
This week on Retirement Redefined, Brad Gatto and Carly Carlson discuss the concept of the Silver Tsunami, which refers to the wave of baby boomers retiring and the implications for small businesses. They explore the challenges of business transitions, the importance of preparation, and the various factors that affect business valuations. The conversation emphasizes the need for proper planning, understanding tax implications, and the significance of having the right advisors in place to navigate the sale process effectively.
Summary
In this episode of Retirement Redefined, Brad Gatto and Carly Carlson discuss the significant demographic shift known as Peak 65, where over 11,000 Americans turn 65 every day. They explore the emotional landscape of retirement, the importance of practicing retirement before fully transitioning, and the financial changes that come with this new phase of life. The conversation also highlights the evolving landscape of retirement planning, emphasizing the need for specialized distribution planning as traditional pensions decline. The episode concludes with a call to action for listeners to seek guidance in navigating their retirement journey.
In this episode of Retirement Redefined, Brad Gatto and Carly Carlson discuss the concept of early retirement, defining what it means to retire before the age of 65. They explore the importance of planning for early retirement, focusing on key considerations such as healthcare, social security benefits, and cash flow management. The conversation emphasizes the need for proactive financial planning and understanding the implications of retiring early, including the challenges and strategies to ensure a successful transition into retirement.
In this episode of Retirement Redefined, hosts Brad Gotto and Carly Carlson discuss key takeaways from the 2024 tax filing season. They emphasize the importance of ongoing tax planning, the role of storytelling in understanding tax situations, and the complexities of taxes in retirement. The conversation also covers the benefits of filing extensions, the impact of market volatility on tax strategies, and the necessity of proactive planning throughout the year.
In this episode of the Fiat Wealth Management podcast, host Brad Gotto welcomes back listeners after a hiatus and introduces the new co-host, Carly Carlson, CEO of Fiat Tax. They discuss the changes in the podcast, Carly's professional journey from CPA to business owner, and the importance of balancing family life with a demanding career. The episode concludes with a fun segment of rapid-fire questions to help listeners get to know Carly better, highlighting her love for reading and her perspective on life and business as they look forward to 2025
In this episode, Brad Gotto relaunches the podcast, and introduces the new name (you have to listen to find out). He shares insights on the importance of financial planning during retirement, using the mountain climbing analogy to illustrate the challenges of wealth distribution. The focus shifts from wealth accumulation to income generation and legacy planning, emphasizing the need for financial advisors to guide clients through the complexities of retirement.
In this episode, Brad Gotto hosts Beth and Rob Rice, who share their journey of transitioning from Minnesota to new homes in Florida and Wisconsin. They discuss the importance of finding purpose and identity in life, especially during significant life changes like retirement. The Rices emphasize the value of being intentional about their decisions, particularly regarding family proximity and lifestyle choices. They provide practical advice on moving and downsizing, highlighting the importance of partnerships in navigating these transitions. The conversation concludes with reflections on the impact of their decisions and their excitement for the future.
In this episode, hosts Brad Gotto and Carly Carlson welcome Heather Schreiber to discuss the complexities of Social Security. They explore the importance of understanding Social Security benefits, how to maximize them, and the significance of checking one's earnings history. The conversation also covers the implications of working while claiming benefits and the breakeven analysis for filing decisions. Heather emphasizes the need for individuals to take charge of their Social Security planning and the importance of viewing it as a critical component of retirement income.
We're back.....sort of. Brad talks about where he is with the re-branding of the podcast and what to expect in the coming weeks. He discusses upcoming episodes and more about the future of the podcast.
In this episode, Brad Gotto enters the spotlight with exciting news. As he opens with stories of personal renovations and classic car restorations, Brad draws a parallel to the evolution of the podcast itself. Brad announces a temporary pause in new episodes as the team gears up to bring you a revamped, reenergized, and even more valuable listening experience in 2025. But don’t worry—this isn’t goodbye; it’s just a "see you later" as they work behind the scenes to elevate the show you know and love. The 86 episodes we've released so far are still available for you to enjoy, and we encourage you to revisit your favorites!
In this episode, Matt delves into how his passion for helping others find fulfillment beyond financial success has evolved into a structured program aimed at enhancing human potential. With Ascent, he combines his love for wellness, adventure, connection, and pursuit into a holistic approach designed to inspire and elevate individuals. Tune in to learn more about Matt's journey from financial advising to community building.
We all know that nothing is free, but what about those hidden costs? We’ve been going through The Psychology of Money by Morgan Housel and in this episode, you will get to hear about Chapter 15 where he talks about the concept that nothing is free. We will summarize the most important aspects of the concept and apply it to financial planning and the psychology of money.
In part two of this two-part series, we dive into the nuances of how financial advisors are paid, specifically on the insurance side. Not all advisors are licensed, regulated, or compensated in the same way, which can greatly impact the services they provide. We will help you understand the various ways advisors earn their keep, from annuities and life insurance to long-term care or disability insurance.
Have you ever wondered how your financial advisor is really compensated? In this episode, we discuss how different advisors are paid, the regulatory standards for fiduciaries and brokers, and the importance of understanding these differences. We'll explain why it's crucial to know if your advisor is a fiduciary, ensuring there are no hidden fees or buried commissions.
You can find more information by clicking here: https://www.fiatwm.com/podcast
Joining the show today is Natalie Morland, Executive Director of Trouvaille Memory Care Suites, to discuss the spectrum of care options and the importance of having a long-term vision. Natalie will share why spending time with family or loved ones to discuss values and preferences is crucial when making these decisions. She’ll also address the current state of long-term care, the financial struggles of care facilities, and the increasing need for education about available options.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/81
Today we sit down with Dr. Daniel Crosby, a leading expert in behavioral finance, to uncover the fascinating intersection of psychology and investment management. How did Dr. Crosby, with his background in psychology, find his way into the world of finance? Listen in as he shares his journey and insights into the main biases that drive our financial decisions, shedding light on why we often prioritize avoiding losses over seeking gains, why understanding the nuances of behavioral biases is crucial for effective risk management, and more.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/80
Today, we're joined by Jennifer Lee, a seasoned financial advisor with 28 years of experience and the Founder of Modern-Wealth, LLC. Jennifer's journey in financial advising and her approach to addressing the needs of women in transition offer valuable insights for all listeners. From the inception of her book idea to the significance of having difficult conversations about finances, Jennifer shares her wealth of knowledge with candor and empathy.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/79
Have you ever considered how much your goals and desires might change over time? In this episode, we dive into Chapter 14 of Morgan Housel's book, The Psychology of Money, exploring the concept that our future selves are often unpredictable. We tend to underestimate the extent to which our personalities and aspirations will evolve, and as we reflect on our past decisions, we may realize that what once seemed ideal may no longer align with who we are becoming. This is why it’s crucial to avoid extremes in financial planning, instead aiming for a balanced approach that accommodates life's inevitable changes.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/78
Today we are going to break down the connection between football and investment strategy. Imagine your portfolio as a football team, where each position demands a distinct skill set. Just as a coach strategizes player positions, your portfolio requires careful construction. We'll explore how to divide your investments into "now, soon, and later" money, ensuring your financial game plan is tailored to your unique needs and goals. Through drills like assessing time, taxes, risk, and balancing income versus growth, you'll discover how to optimize your portfolio's performance.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/77
Today we are revisiting Morgan Housel's book, The Psychology of Money, this time taking a deep dive into dive into Chapter 13: Room for Error. The key takeaway? If you're aiming for long-term success, leaving room for error is crucial. As Housel puts it, "Room for error lets you endure a range of potential outcomes, and endurance lets you stick around long enough to let the odds of benefiting from a low-probability outcome fall in your favor." With that in mind, we'll explore the concept of margin of safety, the importance of preparing for various outcomes, and why it's essential to acknowledge the emotional aspect of financial planning alongside the technical aspects.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/76
Does working with an advisor truly add value compared to going solo? Today we are talking about the value a financial advisor brings to the table as discussed in the Vanguard Study entitled “Advisor Alpha”. We'll explore the seven key categories outlined in the study, shedding light on how these factors influence financial outcomes.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/75
Today we're discussing the future of wealth management through the lens of technology. Why should you care about this rapidly evolving landscape? In this episode, we will explain the impact of artificial intelligence (AI) on investment strategies and explore how technological advancements are reshaping access to wealth management services.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/74
Lauren Brown, CFP®, brings more than just professional expertise to the table. In this episode, Lauren shares her journey, deeply influenced by her mother, a trailblazing CFP® with roots in Wall Street. Amidst the challenges that nearly led her to surrender, Lauren's story is a testament to resilience and female empowerment. Now a Senior Advisor at Fiat Wealth Management, she discusses her passion for helping women navigate the complexities of finance and addresses the gender gap in financial literacy.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/73
In the intricate world of investments, the unexpected is not just a possibility but a constant reality. Delving into the markets, we often encounter unprecedented events that challenge historical patterns and conventional wisdom. While using history as a guide offers insights, it can also blind us to outlier events—those rare occurrences that shape our destinies. In this episode, we discuss Chapter 12 of The Psychology of Money by Morgan Housel, focusing on the element of surprise in the ever-evolving landscape of finance.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/72
This special episode replay is dedicated to Steve Shanesy.
Renee and Steve Shanesy were both working in high-stress marketing jobs in corporate America when they decided it was time to make a change. They were tired of leaving their pets behind every day to go into a job that was leaving them feeling tired and constantly stressed out. So, Renee quit her job to open up a first-of-its-kind luxury dog resort. In the years to come, the resort took off, landing them in a position to accept a purchasing offer that they couldn’t refuse and allowing them to focus on consulting. They now live what we consider an “every day is Saturday” lifestyle and in this episode, they will be sharing their journey from start to finish.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/43
Why is being reasonable the key to long-term success in handling your money? In a world where emotions often intertwine with financial decisions, it's essential to recognize that you're not just a spreadsheet; you're a unique, emotional individual. In this episode, we delve into the importance of balancing reason and emotion in financial planning.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/71
With half of the wealth in the United States resting in the hands of the Boomer generation, the landscape is set for a shift as they age. In this episode, we discuss the complexities of the great wealth transfer, explaining potential pitfalls, the crucial consideration of taxes during the transfer, and the misconception that money alone can solve all problems.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/70
Discover the secret to your long-term financial well-being in this episode as we dive into Brad's concept of "real net worth." While net worth is commonly used to gauge financial success and retirement readiness, the calculation is often misunderstood. In this episode, you’ll learn about the nuances of your true assets and liabilities, going beyond conventional measures to see where you truly stand.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/69
Choosing a financial advisory firm is a critical decision, and today, we'll dive into why Fiat stands out among the rest. We'll break down how, unlike firms dealing with trust funds or perpetual wealth, Fiat focuses on those transitioning from their working years to retirement, fostering relationships with clients they genuinely care about. Listen in to discover the significance of liking your financial advisor and the benefits of seeking help for retirement planning.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/68
Today we dive deep into the question of whether it makes sense to own a home as you transition into retirement. As retirement brings various life-changing decisions, the choice between owning and renting a home is a critical one. We'll present both sides of the argument, exploring the advantages and drawbacks.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/67
Today we dive into the insights and experiences gained over the years. We reflect on the lessons that have shaped our approach, the things we wish we knew when starting, and the areas where we might have taken a different path. From stepping into the unknown world of our first jobs to the realization that financial planning is not just about investments, we discuss the complexities of the industry.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/66
Today we dive into the age-old debate: is all debt really bad? While it's true that debt always carries some level of risk, we challenge the notion that it's universally detrimental. We explore various scenarios where debt can be a useful financial tool and why taking out a mortgage, for example, might not be the financial bad guy it's often portrayed as.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/65
How does the act of saving money impact your financial well-being, and why is it often underestimated or overlooked? In this episode, we will discuss Chapter 10 of The Psychology of Money by Morgan Housel, titled "Save Money." We dissect the influence your savings have on wealth-building—an aspect even more crucial than your income or investment returns.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/64
Today we sit down with two special guests, William and Hudson, to have a candid conversation about an essential aspect of parenting: teaching kids about money. Raising financially savvy children is a challenge many parents face, and it's crucial to equip them with the knowledge and skills to make sound financial decisions as they grow. Whether you're a parent, grandparent, or simply someone eager to nurture the financial acumen of the young minds in your life, this episode is designed to provide valuable tips and strategies for navigating the delicate subject of money with children.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/63
What are the critical aspects of estate planning and the common pitfalls that people often face? In this episode, we delve into these questions and more with Jay Organek, VP of Legal Product at Wealth.com. Navigating the emotional complexities tied to inherited assets and finances can be challenging, so we start off by addressing a fundamental question: Why is it so important to think about your mortality and plan for the inevitable—especially when it comes to securing your family's future as beneficiaries of your estate?
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/62
Ever wondered about the difference between being rich and being truly wealthy? In this episode, Matt and Brad delve into the world of wealth, riches, and the perceptions that surround them. Drawing inspiration from The Psychology of Money by Morgan Housel, they explore the difference between being rich and being wealthy—and why it's essential to understand this distinction.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/61
Should you always max out your 401(k)? This is a big question that comes up often, so in this episode, Brad and Matt dive into this prevalent financial myth. Shedding light on five reasons why maximizing your 401(k) may not always be the best strategy, they emphasize the issue of liquidity and why building an emergency fund outside of the 401(k) becomes essential for financial security.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/60
Today we want to share a glimpse into the intentional lives led by individuals post-retirement. While many struggle to find their identity after leaving the workforce, there are those who have embraced an "Every Day is Saturday" lifestyle with a rockstar flair. Joining us in this episode are Anne Denny and Skip Stromberg, who share their inspiring journey leading up to retirement, their decision to embark on a remarkable RV adventure across the United States, and the challenges they encountered on the road.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/59
Today we delve into the fundamental question: What makes people happy? Continuing our exploration of The Psychology of Money by Morgan Housel, we dive into chapters 7 and 8, where a revelation emerges: the key to happiness lies in our innate desire for control. The ability to shape our lives according to our desires, to choose our paths, companions, and destinations, emerges as the ultimate source of joy. Money, then, takes on a profound significance—it offers us the invaluable currency of time. Listen in as we explore the role of early and ongoing financial decision-making, as well as the importance of aligning our values with our monetary choices.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/58
Should you be concerned about Social Security and the impact it may have on your financial future? Dating back to its enactment in 1935, social security was envisioned as a means of providing support during the later stages of life when individuals might be unable to continue working. While concerns about its longevity persist, it is important to note that the program has been extended until 2037. In this episode, we break down the intricacies of social security and dispel the misleading headlines that you may see in the news so that you can make the most of this vital retirement resource.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/57
Have you ever wondered about the fees and expenses associated with investing? In today's episode, we dive into this topic headfirst as we explore three hypothetical client scenarios and shed light on the costs involved in different investment relationships. Throughout the episode, we unravel the truth that Wall Street doesn't work for free, emphasizing the importance of being mindful of fees in the world of investments.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/56
For many, the pursuit of a rich and purposeful life is anything but a straight line. It consists of life experiences, uncomfortable situations, and transformative challenges. In this episode, Brad shares the insights he has learned from recently going back to graduate college as an older student, revealing how these pivotal (and somewhat uncomfortable) moments shape character and propel us towards greatness.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/55
As we delve into the world of precious metals, it's important to recognize that the allure of gold is not what it once was. Our ancestors coveted this precious metal for its aesthetic and cultural significance, whereas today we see it as a symbol of wealth and a potential investment opportunity. However, the question remains: is gold truly a wise investment?
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/54
Today we'll be diving into chapter 6 of Morgan Housel's book, The Psychology of Money. This chapter, entitled "Tales You Win", explores the intriguing idea that being wrong half of the time can still lead to financial success. Our discussion will focus on being on the brink of success and failure, as well as how perseverance—even when met with repeated failures—is the key to success in investing.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/53
Have you ever thought about starting your investing journey, only to be overwhelmed by the amount of information available? Were you left feeling unsure of where to even begin? In this episode, we dissect the world of investing with Kurt Brown, the CEO of TownSquare. Kurt shares his fascinating journey of transitioning from Wall Street to becoming the CEO of an investment platform and reveals why so many people are now looking for independently-owned firms rather than big banks.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/52
Have you ever wondered how people find their calling in finance and what it takes to succeed in a small business environment? In this episode, Cooper Hitt, Investment and Reporting Manager at Fiat Wealth Management, shares his inspiring story of how he discovered his passion for finance and joined the team at Fiat. Cooper describes his journey through his career and personal growth, revealing how he found his true calling in finance and discovered his superpowers in the field.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/51
Get ready to unlock the secrets of the tax world in this episode as we welcome Carly Carlson, CPA and Managing Member at WE Team LLC, to share her expert insights on taxes. Taxes can be a daunting topic for many of us, but Carly is here to demystify it all and help us understand why finding the right accounting firm for your business is crucial.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/50
Are you feeling anxious about market volatility and how it may impact your investments? In the past year, the S&P 500 has seen a 20% decrease, with almost every sector experiencing significant losses. So, how can you stay invested and make wise financial decisions—even when faced with market volatility? Today we provide a market recap and discuss how context is critical when it comes to making sound financial decisions. Whether you're a retiree or a seasoned investor, this episode provides valuable insights and practical tips on how to remain invested and navigate market downturns with confidence.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/49
What is the secret to maintaining wealth over the long term, and why do so many people struggle with it? In this episode, we delve into the often-overlooked aspect of maintaining wealth, and why it's such a challenging task for many people. The key to staying wealthy is a combination of frugality and paranoia, and we explore the survival mentality that is crucial to long-term success.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/48
It's important to take the time to reflect on the goals you set for yourself in the past year and assess your progress. This reflection can be a valuable tool in understanding what worked well for you and what areas may need improvement. It's also a great opportunity to re-evaluate your priorities and make any necessary adjustments to your goals for the year ahead. In this episode, we will be reviewing our goals from 2022 and setting new intentions for 2023.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/47
2022 was an unforgettable year. Following years of uncertainty and entering a new phase of market decline, we have forged on feeling prepared to tackle what lay ahead. We decided to make some large internal changes here at Fiat this year, which has impacted many areas of our practice—mostly in a positive way! So, in this episode, we will be sharing our year in review and explaining not only what changes we made, but also how these changes shifted our business.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/46
If something compounds, a small start can lead to incredible results that seem impossible. This can lead to many people underestimating what is possible and where growth can lead regardless of where or when they begin. The truth is time is the most powerful force in investing and so, if you want to be better at investing, your best option is to increase your time horizon. In this episode, we dive deep into chapter 4 of The Psychology of Money by Morgan Housel and explain how this relates to your retirement savings - the possibilities for your savings are endless!
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/45
Not everyone lives a purposeful life where their values guide their decisions. In fact, many people allow money and the opinions of others to control what they do rather than focusing on what truly matters to them. This was not the case with our guest today. Kelly Wolf worked his way up the corporate ladder after starting out as a dairy farmer only to realize life was about more than how much money you make. Today he joins the show to share this journey with us.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/44
Renee and Steve Shanesy were both working in high-stress marketing jobs in corporate America when they decided it was time to make a change. They were tired of leaving their pets behind every day to go into a job that was leaving them feeling tired and constantly stressed out. So, Renee quit her job to open up a first-of-its-kind luxury dog resort. In the years to come, the resort took off, landing them in a position to accept a purchasing offer that they couldn’t refuse and allowing them to focus on consulting. They now live what we consider an “every day is Saturday” lifestyle and in this episode, they will be sharing their journey from start to finish.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/43
Generosity is beneficial to both the giver and the receiver. In fact, research shows that people who give more are generally happier. And the good news is you don’t have to give away a large amount of anything. Simple actions can sometimes make the biggest difference. So, in this episode, we will be discussing practical advice for financial gifting that goes beyond your time on earth.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/42
Many people will require some type of long-term care as they reach their elderly years. It is a simple fact of life that as we get older it becomes harder for us to be independent and unfortunately, the cost of long-term care can be quite daunting. Despite this knowledge, many people delay installing a long-term care plan. So, in this episode, we will be sharing the importance of creating a long-term care plan, how to start preparing financially for this and what this plan should entail.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/41
How do you know when you have enough? One of the toughest skills in life is getting the goalpost to stop moving. Comparing ourselves to where others are is often the issue because there is always someone higher on the ladder. Having enough doesn’t mean you have to go without. Instead, it means you know how to appreciate what you have without constantly searching for more. So, in this episode, we will be discussing the third chapter of The Psychology of Money, titled “Never Enough,” and explaining how to find happiness in what you have.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/40
After 12 years of building relationships and helping his customers in the manufacturing and construction industry keep their employees safe, Mark Kline decided to make a big shift in his life. Since he always had a passion for finance, he decided to turn his passion into his career. Today Mark joins the show to share a bit about his background and his excitement to help families develop a plan (and purpose) for their money.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/39
Some people let their money guide their life, while others let their life guide their money and they allow their values to guide their decisions. Our guest today has chosen to live a more intentional life, following his dreams instead of following the money. Mitch Reaume, CEO of Fight For Something and former Pastor, will be joining the show to share his journey to becoming a business owner, including his advice for those wanting to be more intentional with their money.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/38
After decades of hard work, you’re finally approaching the next chapter of your life: retirement. These years are supposed to be fun, but the financial worries of living off of savings for the remainder of your life can take over the excitement. So, in this episode, we will be talking about Brad’s new book, Spending Money and Having Fun, and sharing key concepts, such as how to change your mindset around spending and create boundaries that buy you freedom.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/37
Not everybody’s journey starts out the same way. In fact, many people start multiple careers before discovering what it is that truly makes them happy. They might start out as a truck driver and end up as a doctor. Or, in the case of Darren Lepak, they might start out selling life insurance and end up as a private wealth manager and advisor. Today Darren joins the show to share a look into his life and the path that led him to be one of our new members at Fiat Wealth Management.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/36
“Nothing is as good or as bad as it seems.” In times of trouble, it can be easy to exaggerate the severity of the situation. When things are going great, it can be easy to overlook the signs that things may not be as amazing as they seem. In this episode, we will be going over the second chapter of The Psychology of Money, Luck and Risk, in which Morgan Housel describes how sometimes the success or failure of someone or something is simply down to a matter of circumstance rather than hard work.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/35
Truly becoming an expert in finance requires an in-depth understanding of human psychology. The unreasonable and erratic behaviors of investors and consumers (such as overconfidence and impatience) have a massive impact on not only the global markets, but also your own personal finances. So, in this episode, we will be going over the first chapter of The Psychology of Money by Morgan Housel, in which he shares his reasoning as to why people have different views on money.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/34
Most people want to find a dream job that they feel fulfilled by, but many don’t put in the work to make this dream a reality. So, how do you find the courage to step out of your comfort zone and pursue your passions? Our guest today is Jason Suss, owner of A Proper Pour, a company he started at the beginning of the pandemic after quitting his 15-year IT career. In this episode, he will be sharing his inspirational story of how he took a chance in creating the life he wanted and ended up where he is today.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/33
In our last episode, we discussed the big changes we are making within Fiat Wealth Management, including Matt Stahl’s announcement that he will be stepping away from ownership of the company. As many of Matt’s responsibilities were operational, that left a gap for Fiat to fill. Enter Ashley Milot, our new Chief Operating Officer. Today Ashley joins the show to share her journey to stepping into this role and what this means for the company moving forward.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/32
Since the beginning of 2022, the S&P 500 index has dropped considerably, with some of the biggest companies dropping as much as 30-40%. Unfortunately, with inflation continuously on the rise and ongoing global uncertainty about a potential recession around the corner, this problem is only getting worse. So, what can you do? In this episode, Brad and Matt will be sharing their tips for making it through a bear market—including why you shouldn’t panic.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/31
This year, Fiat Wealth Management is going through some big changes. Matt has decided to step away from ownership of the company, and Brad will be taking full ownership. So, what does this mean for the future of Fiat? And what does this mean for the future of Brad and Matt? In this episode, they will be sharing everything you can expect in the coming months and the reasons behind this big decision.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/30
Many people believe that their financial stability—or lack thereof—is driven by things such as outcomes of returns, the market, and so on. This might be true to an extent, but the state of your finances is generally more heavily influenced by how you feel about money, your behaviors, and how you were brought up. In this episode, Matt and Brad will be sharing quotes that have inspired them from an incredible book called The Psychology of Money by Morgan Housel.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/28
The prices for just about everything—cars, gasoline, food, clothing, etc.—are rising at the fastest pace we’ve seen in decades. This means that the current inflation rate is the worst it has been for most individuals who are not already retired. Because of this, inflation is on most people’s minds, and everyone is wondering how this is going to impact their overall finances. So, in this episode, Matt and Brad will be sharing the history of inflation so that you can have a better understanding of how this will affect your financial plans moving forward.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/27
Courtney Millard is a mother, wife, and one of the original members of Fiat Wealth Management. She has worn many hats within the office, but she is currently in charge of Human Resources, in addition to serving as the Office Manager. In this episode, Courtney joins the show to share a bit about her life and how she has grown during her time with Fiat Wealth Management.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/26
Financial fraud happens every day. Without proper insurance, coverage, and other measures in place, you could be susceptible to being a scammer’s next target. So, how can you avoid becoming a part of one of these horror stories and instead, ensure that your finances are safe where they are? In this episode, Brad Gotto is joined by Juan Toran and Rob Wilkinson to discuss the most common types of financial fraud and how to protect yourself from these moving forward.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/25
Every company has its own set of acronyms and its own vernacular, which makes it difficult when you are trying to make a decision as to who you should do business with. So, in this episode, Brad and Matt will be sharing how Fiat Wealth Management is licensed, who they are as a company, and some of the internal changes they are making.
You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/24
If you are in the retirement planning industry, you have probably heard of our guest today. Ed Slott is a well-known retirement expert who leads seminars for financial planners and advises people on how to retire securely. In this episode, Ed joins the show to share his best advice to ensure your retirement savings aren’t depleted by taxes by the time you need to use them.
Listen in as Ed explains the difference between tax planning and tax preparation, as well as key takeaways from his book The New Retirement Savings Time Bomb. You will learn the importance of paying for your taxes now, how to avoid compounding tax debt and how to win the retirement game.
What You’ll Learn: * The importance of planning your taxes for the long run. * The difference between tax planning or preparation. * How to make taxes work for you rather than against you. * How to take control of your finances for retirement. * The power of believing in your ability to save more money. * The importance of learning from history. * Why you should pay your taxes now. * The benefit of working with a financial advisor.
Ideas Worth Sharing: ”There is a big difference between tax preparation and tax planning.”- Ed Slott
“When it comes to your retirement savings it’s not how much as it is how much you get to keep.” - Ed Slott
“Get your plan, not the government plan.” - Ed Slott
Resources: * The New Retirement Savings Time Bomb by Ed Slott * Think and Grow Rich by Napoleon Hill
Born and raised in Iowa, Tim Monson lives in eastern Pennsylvania with his wife and four sons. Tim values seeing people live their lives with focus. His goal is to bring value to the lives of those around him in practical ways, and there are few better ways to do that than building trust through helping clients find clarity and purpose in utilizing their money to enjoy their lives. In this episode, Tim joins the show to discuss his current role in our team and share a bit about how he got started in the industry.
Tim believes you must treat people the way you want to be treated, and this is a phrase he lives by, which is evident in his work. Listen in as he shares the value of having a thick skin and the importance of ensuring you are doing the right thing—not the thing that makes everyone happy.
What You’ll Learn: * The value of having thick skin. * Why you should always treat people the way you want to be treated. * What Tim has learned throughout his years. * How he ended up working with the Fiat team. * Tim’s core values.
Ideas Worth Sharing: “Treat people the way you want to be treated.” – Tim Monson
“Don’t always do things to please people—do things because it’s the right thing to do.” – Tim Monson
“[The most important elements] are quality, value, and trust.” – Tim Monson
Resources: * Tim Monson: Fiat Wealth Management | LinkedIn * The Alchemist by Paulo Coelho
Creating a concrete vision is the anchor point of any strategic plan. It provides clarity to what you would ultimately like to achieve and gives direction to where you are heading as a company. At the end of 2021, we promised you that we would be sharing our visions for 2022 in the new year. So, in this episode, we will be verbalizing our plans and ideas for the coming 12 months.
Listen in as we explain why we want to bring a CPA into our practice in order to improve our tax planning advice and efforts. You will learn how we will make our clients’ experience even better, how we plan to make our content more digestible so that our clients can truly understand their financial decisions, and our goals for this podcast.
What You’ll Learn: * Our visions for 2022. * Why we want to bring in a CPA. * How we plan on bettering our tax planning advice. * The importance of helping our clients make their own decisions. * How we will make our content more “snack-able” for 2022. * How we plan to make our customer experience better. * Our personal New Year’s resolutions.
Ideas Worth Sharing: * “[We] love the idea of empowering people to make their own financial decisions.” – Fiat Wealth Management * “Set personal boundaries for yourself.” – Fiat Wealth Management * “Every day is an opportunity for us to learn and do better.” – Fiat Wealth Management
The end of 2021 is approaching and Fiat Wealth Management is ready to reflect on their past year! Tune in to Brad Gotto and Matt Stahl’s conversation reviewing the highlights of their year!
In this episode, Brad and Matt discuss their accomplishments, challenges, and lessons learned over the past 12 months, and break down how they will carry these lessons and experiences into 2022!
Brad and Matt discuss:
- Recapping the last year with Fiat Wealth Management
- What to expect in the 2022 upcoming episodes
- The company’s statistics including revenue growth and client retention
- The importance of taking care of the families they work with
- The impact of their decisions reflecting on others
- And so much more!
Connect with Matt Stahl
LinkedIn: Matt Stahl
Connect with Brad Gotto
LinkedIn: Brad Gotto
What does drive mean to you? How does one pursue their goals and create a plan to reach them?
In this episode, Brad Gotto and Matt Stahl have a conversation with Juan Toran about his journey to pursue his career goals, including becoming a registered yoga instructor and a financial crimes detective!
Juan, Matt, and Brad discuss:
- Goals within career aspirations
- The approach that Fiat Wealth Management uses with their clients
- The impact of your workplace environment on your happiness and productivity
- Q&A with Juan
- And more!
Connect with Matt and Brad
- Fiat Wealth Management
- LinkedIn: Matt Stahl
- LinkedIn: Brad Gotto
Some of the most practical products in any industry are built by the customers themselves, simply because they understand the issues by experiencing it first hand.
In this episode, Brad Gotto and Matt Stahl speak with Chadd Mason, chief executive officer and founder at The Cabana Group. Chadd shares his unique background to how he got into the financial services industry. He also discusses how the Cabana Group is changing the financial industry with the rules-based nature of what they do for clients.
Chadd discusses:
- Why he got into a career in investing––and what he is trying to accomplish
- The purpose of the software called CARA (cyclical asset reallocation algorithm)
- What Cabana Group does differently to provide a unique experience for their clients
- And more
Connect With Chadd Mason:
- LinkedIn: Chadd Mason
- The Cabana Group
Connect With Fiat Wealth Management:
- hello@fiatwm.com
- (952) 426-9116
- Fiat Wealth Management
- LinkedIn: Brad Gotto
- LinkedIn: Matthew Stahl
- LinkedIn: Fiat Wealth Management
- Facebook: Fiat Wealth Management
- Twitter: Fiat Wealth Management
About Our Guest:
Chadd Mason is the CEO and founder of The Cabana Group. A rare dual-practitioner working to solve clients’ legal and financial issues, Mason believes “no client issue is isolated.” He combines specialized knowledge in two professions to better serve individual investors, pension boards, businesses RIAs and financial advisors across the country. He has earned distinctive credentials, including the Chartered Wealth Manager® designation and a Masters of Law degree.
Mason provides wealth management and comprehensive financial advice through his SEC registered investment advisory firm, Cabana Asset Management. He provides retirement planning and insurance products as the principal of Cabana Financial and Cabana Institutional, and as an attorney he provides legal counsel to clients in areas of wealth management, estate planning and investment advisor/broker dealer regulation through Cabana Law Group (Prevost, Shaff, Mason and Carns, PLLC in the state of Texas). His holistic business model allows him to address both his clients’ legal and financial needs, with the commitment to helping them protect, manage and grow their wealth.
How do you know how long your money will last throughout retirement? Are you looking for some advice on these questions that seem so hard to answer?
In this episode, Brad Gotto and Matt Stahl round out their three part series with some words of advice when it comes to managing the longevity of your retirement funds. It is impossible to know how long your retirement will be, but Brad and Matt share advice to help you feel more comfortable in this stage of your life.
Brad and Matt discuss:
- The difference between life expectancy and longevity
- The investment risks people face in retirement
- How to determine the longevity of your finances throughout retirement
- How to account for inflation when examining longevity
- And more!
Connect with Matt Stahl
LinkedIn: Matt Stahl
Connect with Brad Gotto
LinkedIn: Brad Gotto
Do you know what your safe withdrawal rate risk is?
We’ve got you covered!
In this episode, Brad Gotto and Matt Stahl discuss another one of the three biggest risks of retirement, withdrawal rate risk. We dive into what the existing rates are and the risks associated with that.
Brad and Matt discuss:
- The safe withdrawal rate of ‘The 4% Rule’ according to William Bengen
- The safe withdrawal rate of 2.4% as of March 2020 according to Wade Pfau
- The way we address withdrawal rate risk
- And more
Connect With Fiat Wealth Management:
- hello@fiatwm.com
- (952) 426-9116
- Fiat Wealth Management
- LinkedIn: Brad Gotto
- LinkedIn: Matthew Stahl
- LinkedIn: Fiat Wealth Management
- Facebook: Fiat Wealth Management
- Twitter: Fiat Wealth Management
It’s important to know how to SPEND your money in retirement––it might sound like all fun and games but there are some risks that you should be aware of before considering it a free for all.
In this episode, Brad Gotto and Matt Stahl dive into the first big risk of spending your savings in retirement and explain how they address these risks with clients.
Brad and Matt discuss:
- Three steps to creating a paycheck in retirement
- What a sequence of returns is––and why it can be so complicated
- The idea of building your buckets of money for now, soon, and later
- How to supplement your foundational income
- And more
Connect With Fiat Wealth Management:
- hello@fiatwm.com
- (952) 426-9116
- Fiat Wealth Management
- LinkedIn: Brad Gotto
- LinkedIn: Matthew Stahl
- LinkedIn: Fiat Wealth Management
- Facebook: Fiat Wealth Management
- Twitter: Fiat Wealth Management
Do you know how to spend your money without guilt and have peace of mind knowing that you’re spending it the optimal way in retirement?
In this episode, Brad Gotto and Matt Stahl share what they have learned through their personal experiences with budgeting. They also discuss what is commonly overlooked by their clients when it comes to spending their money well in retirement.
Brad and Matt discuss:
- How to begin budgeting with your future in mind
- Why you should build a values-based budget before you get into the financial nitty-gritty
- The biggest benefit of creating your budget with Fiat whether you’re in your working or retirement years
- And more
Connect With Fiat Wealth Management:
- hello@fiatwm.com
- (952) 426-9116
- Fiat Wealth Management
- LinkedIn: Brad Gotto
- LinkedIn: Matthew Stahl
- LinkedIn: Fiat Wealth Management
- Facebook: Fiat Wealth Management
- Twitter: Fiat Wealth Management
In previous episodes, you’ve been gradually meeting the team at Fiat Wealth Management. Now it’s time to meet another one of the advisors, Scott Airey.
In this episode, Brad Gotto and Matt Stahl speak with Scott Airey, private wealth manager at Fiat Wealth Management. Scott shares who he is as a person, as a wealth manager, and how he found himself working in the financial services industry.
Scott discusses:
- What his life was like before working in the financial services industry
- Where he has experienced the most personal growth since joining the team at Fiat
- His favourite part about being a financial advisor
- And more
Connect With Scott Airey:
- LinkedIn: Scott Airey
Connect With Fiat Wealth Management:
- hello@fiatwm.com
- (952) 426-9116
- Fiat Wealth Management
- LinkedIn: Brad Gotto
- LinkedIn: Matthew Stahl
- LinkedIn: Fiat Wealth Management
- Facebook: Fiat Wealth Management
- Twitter: Fiat Wealth Management
About Our Guest:
While Scott Airey was born and raised in Montreal, he found his way to the U.S. by way of collegiate baseball at the University of Northern Iowa. While in Iowa, he earned his master’s degree and met his wife Lauren. Now a father of two to Victoria and Archie, Scott spends his time staying active, coaching baseball, and trying to play as much golf as his busy life allows. He takes pride in the financial foundation he provides his family and the legacy he is building for his children. Scott’s mission as an advisor is to help people achieve their goals and leave a legacy they can be proud of for their loved ones.
The number one reason that people do not retire before the age of 65 is because of healthcare—either the costs, or a lack of understanding of coverage. Open enrollment for Medicare is quickly approaching, and it’s important to understand your options before you make any decisions. In this episode, Brad Gotto and Matt Stahl talk … Continue reading 12. It’s Time to Understand Your Healthcare Coverage With Allison Kraus →
In financial services, not all advisors are created equal—and this means they are not licenced, regulated, or even paid the same way. In part two of this two-part series, Brad Gotto and Matt Stahl help you understand the various ways that advisors get paid for their services on the insurance side. They discuss the different … Continue reading 11. How Is Your Advisor Being Paid? Part 2 →
In financial services, not all advisors are created equal—and this means they are not licenced, regulated, or even paid the same way. In part one of this two-part series, Brad Gotto and Matt Stahl help you understand the various ways that advisors are compensated for their services. They describe the regulatory standards for fiduciaries and … Continue reading 10. How Is Your Advisor Being Paid? Part 1 →
Everyone should be living the “Every Day Is Saturday” lifestyle in working life as well as in retirement. But what does that truly mean? In this episode, Matt Stahl speaks with award-winning chef Gavin Kaysen, founder of Soigné Hospitality Group in Minneapolis. They discuss how his passion for cooking at 15 years old kick-started his … Continue reading 9. Leading the Every Day Is Saturday Lifestyle With Gavin Kaysen →
You’ve met Brad Gotto, Matt Stahl, and Daniel Colvin in the previous episodes. Now it is time to meet another one of the many advisors on their team, Daniel Petkau. In this episode, Brad Gotto and Matt Stahl sit down with Daniel Petkau, private wealth manager at Fiat Wealth Management to talk about Daniel’s journey … Continue reading 8. Who is Private Wealth Manager Daniel Petkau? →
You’ve met Brad Gotto, and Matt Stahl on the previous episodes. Now it is time to meet one of the many advisors on their team, Daniel Colvin. In this episode, Brad Gotto and Matt Stahl sit down with Daniel Colvin, private wealth manager at Fiat Wealth Management to talk about Daniel’s journey to becoming an … Continue reading 7. Who is Private Wealth Manager Daniel Colvin? →
Did you know that not everyone needs a financial advisor to be successful in managing their own finances? In this episode, Brad Gotto and Matt Stahl discuss the four essential traits of a successful long-term investor to see if you can check all the boxes yourself. Brad and Matt discuss: Why you need to have … Continue reading 6. Do You Have the Four Essential Traits of a Long-Term Investor? →
You’ve done it, you retired. Now you’re staring at this big pile of money ready to live out your dream retirement, but it’s important to remember that you still have to account for your taxes. In this episode of Every Day Is Saturday, Brad Gotto and Matt Stahl discuss their experience giving tax advice, and … Continue reading Episode 5 – Don’t Forget About Taxes in Retirement →
You found us, the advisors you want to work with are at Fiat Wealth Management. But now that you know you want to work with us, what are the next steps? In this episode of Every Day Is Saturday, Brad Gotto and Matt Stahl discuss how they welcome new clients to their firm and how … Continue reading Episode 4 – How To START Working with Fiat Wealth Management →
At the end of the day, how do you live for today, but be smart about tomorrow? In this episode of Everyday Is Saturday, Brad Gotto and Matt Stahl take a step back and share how they turned up their marketing dial and put a premium on culture in their business in order to create … Continue reading Episode 3 – What is Fiat Wealth Management? →
Matt Stahl is a partner and private wealth manager at Fiat Wealth Management, and is focused on providing creative and customized strategies to individuals, families and small business owners. In this episode of Everyday Is Saturday, Matt Stahl shares more about himself personally and professionally and why he does what he does today. In this … Continue reading Episode 2 – Who Is Matt Stahl? →
Saving money is great, but how do you spend it without risk in retirement? Welcome to the Everyday Is Saturday Podcast, with Brad Gotto and Matt Stahl! In this debut episode of Everyday Is Saturday, Brad Gotto, owner and wealth manager at Fiat Wealth Management, shares what his life was like growing up and how … Continue reading Episode 1 – Who is Brad Gotto? →