You’re Not Behind — You’re Just Playing the Wrong Financial Game
About this episode
Tim Goodwin and Joe Beckford discuss the importance of intentional financial planning for high-net-worth families and the hidden costs of inaction.
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last year can lead to surprises in the next one The real cost of waiting includes penalties, missed tax savings, and outdated estate documents One key area to review in 2026…
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