The Money Pig Podcast

In episode #118, “What’s the Point of Money If You Never Enjoy It?”, Tim and Joe explore a question many diligent savers and high earners eventually face: what is the point of building wealth if you never actually use it to enjoy your life? They explain that many financially successful people struggle to spend because their entire identity has been built around working hard, living below their means, and saving consistently. That formula helped them build wealth, but it can also create a scarcity mindset where spending feels uncomfortable—even when they can clearly afford it. For anyone wrestling with how to enjoy money without guilt or wondering why saving feels easier than spending, this episode hits home.A major theme in the episode is that money should be a tool for both security and enjoyment. Tim Goodwin and Joe Beckford talk about how fear, uncertainty about the future, comparison, and childhood beliefs about money often keep people from using their wealth in meaningful ways. They point out that many people keep pushing joy into the future with thoughts like, “I’ll relax when I retire,” or “just a few more years.” But life is uncertain, and waiting too long can mean missing the healthiest, most active years of retirement.Their message is clear: financial freedom is not just about accumulating money, but about using it wisely to create experiences, peace of mind, and a life you actually enjoy.The conversation also highlights practical signs that you may be saving too much and enjoying life too little. If you never take vacations, always choose the cheapest option even when you do not need to, feel anxious about spending, or let work drain all your energy before your family gets what is left, those may be warning signs. Tim and Joe encourage listeners to think in terms of retirement lifestyle planning, not just retirement account balances. They describe the “go-go, go-slow, and no-go” stages of retirement, explaining that the early years of retirement are often when people have the best combination of time, money, and health. That is why they encourage intentional spending during those years, especially on travel, family memories, and meaningful experiences.https://www.goodwininvestment.com/how-to-run-out-of-money-in-retirement/ https://www.goodwininvestment.com/living-richly/ https://www.goodwininvestment.com/living-luxuriously-3-ways-millionaires-enjoy-their-full-retirement/ Andy Stanley - Choosing to Cheat: Who Wins When Family & Work Collide?

What does living “rich” really mean to you? Spoiler: It’s not just about the dollar amount.In this episode of The Money Pig Podcast, Tim Goodwin and Ray Brown dive into how Goodwin Investment Advisory helps clients define—and achieve—their own version of a rich life. From celebrating milestones with a retirement bell, to creating dynamic, evolving financial plans, they explore how to build a future that’s about more than just numbers.You’ll hear:The key question that helps clients envision their futureWhy “rich” looks different for everyoneHow tracking progress builds both confidence and peaceWhy your financial plan should evolve as life changesHow generosity, meaningful experiences, and “memory dividends” make wealth truly fulfillingWhether you’re decades away from retirement or already there, this conversation will inspire you to think beyond your bank account and design a life you love—on your terms.Listen now and start defining your rich.Read the blog that inspired this episode and download the guide: Blog Link: https://www.goodwininvestment.com/let-us-help-you-find-your-rich/ 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 Big Canoe, 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 ecurities and Exchange Commission in accordance and compliance with 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

In this episode of The Money PIG Podcast, Tim Goodwin sits down once again with the one and only Justin Pitcock to dive into the often-overlooked—but massively impactful—topic of business exit planningFrom small business tax strategies (like Section 1202), to donor-advised funds, installment sales, and ESOPs, this episode is packed with real-world advice on how to prepare years in advance to maximize your payout and minimize taxes. Whether you're transitioning to retirement, family succession, or a full-on sale, this conversation helps you think beyond just the sale itself—and into what you're retiring to, not just from.Justin shares powerful insights on how to:Save potentially millions in taxes with proper timing and structureAvoid common pitfalls and financial regretsUse tools like DAFs, tax loss harvesting, and equity rolloversPreserve your legacy, culture, and team through thoughtful succession planningAnd if you're wondering what learning Spanish, Pokémon cards, and artificial intelligence have to do with financial planning—well, you're in for a fun surprise.Read the blog that inspired this episode and download the guide: Blog link Guide Link 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 Marietta, 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 and compliance with 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

Welcome back to the Money Pig Podcast! In this episode, we dive into an insightful discussion with Justin Pitcock and John Pratt, one of our valued clients. John shares his journey from growing up on a 500-acre potato farm to working in IBM's service division, and how those experiences shaped his perspective. He mentions how hiring Goodwin Investment Advisory helps him get a good night's sleep, which is a value and benefit beyond the dollars and cents. We also take a deep dive into how Goodwin Investment Advisory compares to Fisher Investments. From fiduciary responsibility and fee structures to personalized service, we break down the key differences and why many investors prefer a boutique, client-centric approach over a large, high-pressure firm. Key Takeaways:The importance of fiduciary, fee-only advising vs. commission-based modelsWhy personalized service matters more than big-brand recognitionHow Goodwin Investment Advisory prioritizes client relationships and proactive financial planningA client’s firsthand experience of switching to Goodwin Investment AdvisoryIf you're evaluating your investment options and considering a firm that truly cares more, check out our detailed comparison of Fisher Investments vs. Goodwin Investment Advisory: Read the full blog hereVisit GoodwinInvestment.com to schedule a call and explore how we can help you achieve your financial goals.Like, comment, and subscribe for more insights on financial planning and investment strategies.For personalized financial guidance, schedule an intro call with our team at Goodwin Investment Advisory near Big Canoe, GA . 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!Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance and compliance with 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.