Episode 112: What could cost you more than you expect in 2026

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

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

In this episode, they cover

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• The real cost of waiting includes penalties, missed tax savings, and outdated estate documents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

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

Resources and next steps:

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

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

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

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Subscribe, share it, and leave us a review on Apple, Spotify, or Buzzsprout!

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

In Episode 111 of the Money PIG Podcast, host Tim Goodwin and co-host Joe Beckford talk about the “quiet costs” that can sneak up on high net worth families in 2026 — not from the market, but from missed planning, unaligned professionals, and waiting too long to act. Their core message: be intentional, not accidental with your financial decisions.

They walk through common planning opportunities people often miss, like Roth conversions, backdoor Roth contributions, Qualified Charitable Distributions (QCDs), and more strategic charitable giving using donor-advised funds and appreciated securities instead of cash. They also explain how money “leaks” out through tax drag and simple oversights — like not telling your CPA about a QCD, or creating a trust but never actually funding it.

A major theme is how costly assumptions can be. Many people expect the next year to look like the last, but Tim and Joe remind listeners that change is the only constant — especially when laws and tax rules shift. They discuss how proactive planning helps families adapt rather than react.

They also highlight the cost of waiting: procrastinating on estate documents, delaying estimated tax payments, or putting off strategic adjustments can lead to real penalties, missed opportunities, and long-term tax consequences.

To close, they encourage listeners to review one key area in 2026: the tax “types” of your money. If most of your wealth is concentrated in pre-tax accounts like 401(k)s, it may be time to intentionally build a healthier mix of Roth (tax-free), after-tax, and pre-tax assets — creating more flexibility and tax control in retirement.

Bottom line: Don’t do this alone. Coordinate your advisor, CPA, and estate attorney, keep your plan updated, and revisit your “why” so your money supports the life you actually want to live.

Resources and next steps:

Podcast: Things we do not recommend and why, Part I

Podcast: Things we do not recommend and why, Part II

Like, subscribe, and enjoy the episode? Leave us a review if this resonated with you!

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

(The Financial Side of Divorce—Because Someone Has to Talk About It)

Divorce carries costs far beyond legal fees and spreadsheets. In this episode, we talk openly about the emotional and financial weight people carry—but rarely say out loud—after a major life transition. From the fear of “Is it too late for me?” to the quiet shame of “I don’t even know what I’m entitled to,” this conversation is designed to normalize uncertainty and offer reassurance to anyone feeling overwhelmed, behind, or unsure where to begin.

Our advisors share what they see every day: how common it is for one spouse to have handled the finances, why that’s nothing to be ashamed of, and how rebuilding doesn’t start with knowing everything—it starts with having a calm, trusted guide. This episode is about slowing decisions down, creating clarity without panic, and helping people move from fear to confidence, one step at a time. Because rebuilding after divorce isn’t about perfection—it’s about support, perspective, and peace.

Resources & Next Steps

• Download our divorce planning checklist/guide
• Schedule a conversation with Joe, who has guided countless individuals through the financial side of divorce
• Additional support for women navigating divorce:

You don’t have to do this alone—and you don’t have to have it all figured out to take the first step.

Like, subscribe, and leave us a review if this resonated with you!

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

Goodwin Investment Advisory is an SEC-registered investment adviser (CRD #131193), and this episode is produced by evanced.net. This podcast is for informational purposes only and is not investment advice or a recommendation to buy or sell any financial products, securities, digital assets, or other investments. It should not be used as the basis for any financial decisions. The host and/or guests may personally hold investments mentioned in this episode. All investments involve risk, and past performance does not guarantee future results. Please consult with a qualified financial adviser, tax professional, and attorney before taking action on any information shared.