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• The real cost of waiting includes penalties, missed tax savings, and outdated estate documents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.

In this episode of the Money PIG Podcast, host Tim Goodwin sits down with Joe Beckford to explore one of the most clarifying questions in financial planning: What do people who are 20 years ahead of you wish they had done sooner? Drawing from nearly 15 years as a financial advisor, Joe shares a recurring theme he hears from retirees who have both financial stability and inner peace: don’t sweat the small stuff—by getting the small stuff handled early. In other words, when debt, cash flow, saving, taxes, and planning are organized, people are freed up to focus on what actually matters most—purpose, relationships, legacy, meaningful experiences, travel, and time with the people they love.

Joe and Tim unpack the habits they consistently see in retirees who feel calm and confident: living below their means, avoiding unnecessary debt, and regularly reassessing what truly brings happiness (not just what looks impressive). They also address the most common regret Joe hears from people in their 60s and 70s: working too long and not retiring sooner. Often, this is because health or energy didn’t cooperate when the retirement they meticulously planned for finally arrived. The encouragement for younger listeners is simple but powerful: make smart choices now so you can move your retirement date up—and protect your freedom while you still have your time and health.

The episode closes with two practical takeaways: avoid debt whenever possible (because it makes life harder to “weather storms”), and pursue the passions and work that genuinely matter to you—because life is too short to stay stuck in something that drains your relationships, health, and joy. Joe also recommends Die With Zero and Choosing to Cheat (Andy Stanley), and Tim shares how listeners can learn more or schedule a short introductory call at Goodwin Investment Advisory.

If you’d like more insight, read this blog post:

https://www.goodwininvestment.com/the-talk-on-money/

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 this episode of the Money PIG Podcast, host Tim Goodwin and guest Joe Beckford unpack a powerful distinction: being wealthy versus looking wealthy. Joe explains that the difference is essentially a mindset—an “intangible” shift from chasing appearances to building actual net worth. Tim and Joe also talk through the “comparison trap”—the constant pull to keep up with the Joneses through bigger homes, newer cars, and lifestyle upgrades. Real, lasting wealth comes from getting grounded in what genuinely makes you happy, recognizing “style drift” as income grows, and choosing intentional habits that protect long-term freedom. The common thread: wealthy people often appear ordinary—because their wealth has a purpose, and their lifestyle choices reflect values, not pressure.

Check out our blog and guides page for more resources

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 this episode of the Money PIG Podcast, Tim Goodwin sits down with Joe Beckford for a candid, real-life conversation about the decisions that quietly shape your financial future—for better or worse. Joe shares that his best financial move wasn’t flashy: it was choosing to work with a financial advisor and committing to a more intentional plan instead of chasing returns. Together, they unpack how accountability, guidance, and small strategy shifts (like Roth vs. pre-tax decisions and automated saving) can compound over time into real confidence and freedom.

The takeaway is simple and empowering: financial freedom isn’t just a number—it’s a plan that helps you do what you want, when you want, with the people you love. The episode wraps with practical wisdom for younger listeners: seek wise counsel, know the state of your finances, and build habits that create peace, independence, and generosity over time.

Books mentioned: The Automatic Millionaire, Die With Zero, and The Psychology of Money.

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 this powerful and emotional episode of the Money Pig podcast, host Tim Goodwin sits down with humanitarian, educator, and founder of the African Girls Hope Foundation, Dr. Grace Raja Bantu. Grace shares her extraordinary journey—fleeing her home in the Democratic Republic of Congo at age 13 during the war, surviving years in multiple refugee camps, learning six languages, and somehow finishing school against impossible odds.

Grace recounts how strangers stepped in at critical moments, including a miraculous scholarship that allowed her to graduate from Daystar University in Kenya after nearly being expelled for unpaid tuition. That act of generosity planted the seed for what would become the African Girls Hope Foundation (AGHF)—a nonprofit that today provides full educational scholarships to over 250 refugee and orphaned girls across Kenya and the DRC.

Tim and Grace discuss why education changes everything, the harsh realities girls face without it (from child marriage to trafficking), and how AGHF provides not just tuition but mentoring, safety, stability, and hope. They share stories of girls whose lives are being rewritten—like Beatrice, the first AGHF scholar to graduate college.

This episode is part storytelling, part call to action… and an unforgettable reminder that one life can transform generations.

Key Themes:

• Surviving war, displacement, and refugee life
  
  
  
• The miracle moments that saved Grace’s education
  
  
  
• Why girls’ education is the most powerful tool for ending generational poverty
  
  
  
• The unique structure and impact of AGHF scholarships
  
  
  
• How listeners can be part of changing a girl's life forever
  
  
  

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

Enjoy the episode?
Subscribe, share it, and leave us a review on Apple or Spotify!

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 a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance with compliance, securities laws, and regulations. Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast. The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.

On this episode of the Money Pig podcast, host Tim Goodwin sits down with CPA and firm owner, Jamie Howell Quinn, to unpack why collaboration between your financial advisor and your tax professional can make or break your financial plan. Jamie shares real-life stories of clients who were blindsided by big tax bills because their advisor never explained the tax impact of trades—especially large capital gains that were immediately reinvested. Together, Tim and Jamie walk through how proactive communication, tax planning, and simple organization can reduce stress, avoid penalties, and create a smoother experience at tax time.

They also explore how strategies like capital gain planning, carryover losses, RMDs, Qualified Charitable Distributions (QCDs), and donor-advised funds can help you be both wise and generous with your money. The conversation ends on a deeply human note as Jamie talks about learning to give herself grace—and Tim challenges listeners to be generous not just with time and money, but also with encouragement, forgiveness, and grace toward themselves.

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

Enjoy the episode?
Subscribe, share it, and leave us a review on Apple or Spotify!

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 a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance with compliance, securities laws, and regulations. Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast. The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.