Episodes

In this episode, Paul and Garrett dismantle common myths surrounding investment risk, providing listeners with a clear understanding and practical strategies for managing it. They cover everything from defining risk in relation to volatility and capital loss to the often-overlooked impact of inflation on purchasing power. The conversation also explores how risk tolerance shifts with age and life circumstances, underlining the importance of a well-structured investment portfolio to mitigate unfor...

In this episode, Paul and Garrett outline a comprehensive approach to achieving financial success through a three-part equation: money habits, financial planning, and strategic implementation. They provide actionable insights into building effective money habits, creating adaptable financial plans, and selecting appropriate strategies for investments, insurance, taxes, and estate planning. The hosts share personal anecdotes and practical advice to help listeners construct a solid foundation for ...

Join Paul and Garrett in a detailed exploration of annuities, where they address common questions, concerns, and the complexities involved. This episode is dedicated to unraveling the intricacies of annuities, aiming to guide listeners through the decision-making process, understanding costs, benefits, and the strategic role annuities can play in financial planning. Key Points From This Episode The role of annuities in aligning with financial aspirations Understanding sales motives Balancing...

This episode with Paul and Garrett tackles the pervasive issue of financial stress, offering listeners practical strategies to foster a healthier relationship with money. They discuss the importance of viewing money as a tool, the benefits of a saver's mindset, the critical role of an emergency fund, and how aligning investments with long-term goals can ease financial worries. The discussion also covers the necessity of regular portfolio reviews to adapt to life's changes, aiming to provide list...

In this episode with Paul and Garrett, we delve into the important financial dates, milestones, and numbers you must be aware of for 2024. From tax brackets to retirement plan contributions, we cover various topics designed to help you plan, keep, and grow your wealth for a successful future. Whether it's understanding age-related changes or navigating tax season, we've got the insights you need. Key Points From This Episode Significant financial changes tied to specific birthdays Understandi...

Join hosts Paul and Garrett as they usher in the new year with a deep dive into the most critical financial considerations for 2024. This episode is an invaluable guide, offering listeners comprehensive strategies and insights to navigate the complexities of personal finance, investment planning, and market dynamics. From personal goal setting to nuanced tax strategies, this episode equips listeners with the knowledge they need to make informed decisions and set a course for financial success in...

Join Paul and Garrett for a comprehensive year-end review of 2023. They conduct an in-depth year-end review of 2023, thoroughly analyzing vital financial trends and insights. They dissect a wide range of topics, from the behaviors of fund managers to global market dynamics, and delve into personal finance strategies and the impact of inflation on consumers and businesses. This episode serves as an essential summary of the year's financial landscape, offering listeners valuable financial planning...

In this episode of Your Investment Partners, hosts Paul and Garrett explore the various benefits of higher interest rates in the financial world. They delve into how these rates positively impact cash in bank accounts and retirement incomes, addressing the complexities and changing dynamics of financial planning and investment strategies. The episode provides a comprehensive view of how higher interest rates reshape investment decisions, tax implications, and savings options, offering valuable a...

Planning Your Legacy: A Guide to Wealth Transition and Beneficiary Management Welcome to another episode of "Your Investment Partners with Paul and Garrett." Today, we dive into a topic that's not always easy to discuss but is of utmost importance: What happens to your accounts after you're gone. We'll guide you through the process, discussing common mistakes and pitfalls, and providing valuable insights on how to handle different types of accounts. Every situation is unique, so understanding t...

"Navigating Financial Waters: The Power of Diversification" Welcome back to "Your Investment Partners with Paul and Garrett," your go-to podcast for all things financial. In this episode, we dive deep into the concept of diversification and why it's crucial for your financial success. You've heard the saying, "Don't put all your eggs in one basket," but what does it really mean in the world of finance? Join us as we explore the three main dimensions of diversification: account types, time, and ...

Demystifying Life Insurance: Protecting Your Loved Ones and Your Future Welcome back to "Your Investment Partners with Paul and Garrett," the podcast that's all about financial planning and securing a successful future. If you're new here, we're thrilled to have you join us on this journey, and for our loyal listeners, welcome back, and thank you for your continued support. In today's episode, we dive into the world of life insurance. Life insurance is often misunderstood and, let's face it, n...

Welcome to "Your Investment Partners" with Paul and Garrett. In today's solo episode, Garrett discusses what happens when a potential client reaches out to them for the first time. Reaching out to a new financial advisor can be intimidating, but their strong financial planning process and client-oriented approach make the process smooth and comfortable. Key Points Covered: The importance of the introductory phone call in understanding client goals and histories. How the conversation during th...

Helping a Child Without Hurting Retirement Welcome to Your Investment Partners with Paul and Garrett, where we delve into all things financial, helping you plan, preserve, and grow for a successful future. In this episode, we address the common dilemma faced by parents and grandparents: how to support their children or grandchildren without jeopardizing their own retirement plans. Join Paul and Garrett as they discuss practical strategies to strike the right balance between helping the younger...

Estate Planning and Document Review: Navigating the Ever-Changing Landscape Welcome to Your Investment Partners with Paul and Garrett! In this episode, we dive into the important topic of estate planning and document review. Join us as we explore the key considerations, common pitfalls, and practical tips for effective estate planning. Discover the significance of setting goals, involving your children, and planning for different scenarios. We also shed light on the complexities surrounding est...

Navigating Your Investment Portfolio Review: From High-Level Goals to Methodological Details Welcome to "Your Investment Partners" with Paul and Garrett! In this episode, we delve into the crucial aspects to consider during your investment portfolio review. It's easy to get lost in the details, but we believe starting from a high-level perspective, and focusing on your goals, leads to greater clarity and alignment. Whether you're preparing for an investment review meeting or examining your stat...

In this solo episode, Garrett tackles the essential topic of retirement numbers and dives into the key figures you need to consider when planning for your retirement. Join Garrett as he discusses: Understanding the three crucial numbers in retirement Exploring the importance of knowing your expenses and how they impact your retirement plan Assessing your non-investment income sources, such as Social Security, rental income, or pension income. Determining your desired level of income stabili...

Mastering Social Security: Four Paths to Maximizing Your Benefit In this episode, Garrett takes the spotlight to delve into Social Security benefits and shares four strategies to maximize your Social Security benefit. Join Garrett as he discusses: Understanding how Social Security is calculated and verifying your earnings history. The importance of working a full 35 years and how it impacts your benefit. Exploring the advantages of delaying your benefit and how it can increase your payout. ...

Navigating Politics as an Investor Join Paul and Garrett as they discuss investment strategies that transcend political cycles. They emphasize the importance of diversifying across different industries to mitigate the impact of legislation on any one sector. With the upcoming election, they caution against getting caught up in political rhetoric and advise watching what politicians do, not what they say. The hosts emphasize the importance of keeping emotions in check when making investment dec...

Proactive Tax Strategies In this podcast, Paul and Garrett discuss the importance of considering taxes when saving for retirement. They provide insights on how to prepare for the future by saving in the right tax bucket, not only from an investment standpoint, but also from a tax perspective. The hosts explain the benefits of having multiple buckets to pull income from during retirement, including tax-deferred, tax-free, and taxable dollars. This approach provides flexibility and can help smoo...

Are you interested in learning how to invest in dividend stocks? In this podcast episode, Paul and Garrett, talk about their investment philosophy and how dividends can play a role in an investment portfolio. A few topics that are covered: What to consider in companies with the highest dividend yields? The importance of rising dividends which may keep up with inflation and maintaining spending power. The benefits of a long-term investment approach, which allows for the possible growth of dividen...

Cash Management During A Banking Crisis The hosts, Paul and Garrett, talk about the differences between FDIC and SIPC insurance, common pitfalls to cash management, and some ideas to protect yourself and your cash. They also discuss the history of bank closures and how it is not unusual for banks to close their doors. The hosts then delve into the concept of duration mismatch, which occurs when banks lend money for a longer duration than the deposit made by the customer, leading to a shortage of...

Family Dynamics Today we will be talking about family dynamics. When you're transitioning from one generation to the next, there's often some hard conversations that need to take place. When do you bring a child in and what should they know, or if you're a child helping out mom and dad, what should you know and what can you do to help? Here are a few topics we will cover: When to loop in the professionals - typically the sooner, the better The important documents What you can do to minimize...

Ways Your Retirement Can Get Off Track Today we are talking about ways your retirement can get off track. We discuss common mistakes that we've seen, and ways you may be able to avoid them. We also talk about questions you should be asking yourself through various financial stages. Here are a few topics we will cover: 4 Common ways retirement can fall short Work-optional phase Side work or part-time work Long-term savings Starting early and being consistent Earnings increases taxes Havi...

SECURE ACT 2.0 - What You Need To Know Today we are talking about the recent legislation that was passed known as the SECURE ACT 2.0, we cover our approach to financial planning around the ever-changing legislative landscape, what unique financial planning opportunities the SECURE ACT 2.0 presents, and how you can fold this into your financial plan. Rules are always changing in Washington. Since Covid, there's been the Care's Act, Inflation Protection Act, Secure Act, and now you've got the Se...