The Investor Coaching Show with Paul Winkler

What Happens When You Inherit a Non-Qualified Annuity?

Some assets are pretty tricky for someone to inherit because they create a lot of tax problems for the inheritor. Today, Paul talks about what happens when you inherit a non-qualified annuity. Do you pull money out and pay taxes on all of it? Do you annuitize it and hope you outlive your life expectancy? Paul answers these questions and encourages investors to avoid these kinds of problems by not getting their money tangled up in these kinds of products from the start. 

 

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

What To Do When Your Employer Offers Company Stock as a Benefit

Today, Paul dives into what you should do if you work for a company that offers company stock as a benefit. Listen along as Paul spells out why it’s ok to trust your employer to provide you with a paycheck without putting the future of your retirement completely in their hands. In this episode, Paul explains that owning a single company can actually add risk to the rest of your portfolio even if it's performing well right now and gives you some other options to fully take advantage of this employee benefit. 

 

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

What To Do When Your Employer Updates Your 401(k)

A concerned investor reaches out to Paul because he got a notice from his employer saying that they are updating 401(k) plans to “superior” fund options and doesn’t know what to do next. Paul explains what you should look for and avoid when your employer updates your 401(k) and how to keep from getting overwhelmed or confused by the options. At the end of the day, you are still responsible for your retirement, and your employer may not be as good at investing and financial planning as they seem. 

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

What Actually Matters the Most: A Lesson on Asset Allocation

Paul knows that if investors aren’t educated about some of the basics of investing, they're vulnerable to trust someone who sounds like they know what they’re talking about. Today, Paul teaches about the factor that has been proven to make the most difference in the returns of your portfolio: asset allocation. Listen along as Paul explains what it is, why it’s the most important factor, and what happens to your portfolio when an advisor believes that there are more important factors for investor returns. 

 

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

Forget the “Tax-Free” Retirement and Do This Instead

Tax laws change all the time. That is why Paul wants investors to start thinking about tax advantages like they think about stock returns. We don’t know what tax laws will look like in the future and betting your retirement on specific tax strategies is a lot like betting your retirement on one or two companies. Listen along as Paul talks about the risks of certain tax-advantaged accounts and how to create a strategy that doesn’t rely on you correctly predicting future legislation or income brackets. Later in the episode, Paul talks about an invite he got to an investment webinar.

 

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

The Proof is in the Portfolio: Analyzing Portfolios with Classic Mistakes (Part 2)

Today, Paul talks about how conditioned investors are to hear about market updates, speculation about interest rates, and updates on specific companies’ stock prices. All of these things either confuse investors about what matters most or force them to get out of investing altogether. Listen along as Paul talks about three specific portfolios he’s seen in the last month and how these bad practices have snuck into clients' investments in places you might not think to look. 

 

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

The Proof is in the Portfolio: Analyzing Portfolios with Classic Mistakes (Part 1)

Today, Paul talks about how conditioned investors are to hear about market updates, speculation about interest rates, and updates on specific companies’ stock prices. All of these things either confuse investors about what matters most or force them to get out of investing altogether. Listen along as Paul talks about three specific portfolios he’s seen in the last month and how these bad practices have snuck into clients' investments in places you might not think to look. 

 

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

Healthcare Workers Aren’t Confident About Retirement. How Do We Get Confidence?

One out of three healthcare workers don’t feel confident about their retirement. This number may even be inflated because confidence usually drops during bear markets, and markets have been bullish over the past few years, covering up some bad investing habits. So what does it take for any investor to be confident about retirement? Today, Paul covers this topic and explains why educated investors are confident investors.

 

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

What Do 5-Star Broker Ratings Mean? It’s Not What You Think.

So you go to a planning meeting and find out that the company is full of award-winning brokers selling 5-star funds. Well, you need to know what the awards are for. Today, Paul brings an article where a broker seems to be bragging about their award-winning strategies when, in reality, they are bragging about speculating and market timing and bringing in income for the company they work for. Listen along as Paul breaks down the argument that highly rated brokers and funds lead to better performance for investors.

 

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

The Biggest Challenge Facing Investors Right Now

Paul got to talk with a bright young financial industry professional who wanted some advice on how to navigate the industry and find a job where he could use his skills and his interest in personal financial planning to help people. This leads to an important conversation about the biggest challenge that both advisors and their investors face in today’s planning landscape: Most education about investing comes to advisors and investors from companies trying to turn a profit selling financial products. 

 

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