In this heartfelt episode of The Money Pig Podcast, Tim Goodwin and Joe Beckford dive into one of life’s biggest emotional transitions: becoming empty nesters. Titled Empty Nest, Full Life, the episode explores how parents can rediscover joy, purpose, and connection after their children leave home. Joe shares his personal experience navigating the emotional shift from full time parenting to a quieter household, revealing that the transition was far less painful than he originally feared. Instead of loneliness, he discovered more freedom, spontaneity, deeper connection with his wife, and the opportunity to intentionally embrace a new season of life.
The conversation goes far beyond parenting and touches on identity, marriage, retirement, and personal growth. The hosts discuss how many people unintentionally build their entire identity around their children or careers, only to feel lost when those roles change. They emphasize the importance of nurturing your marriage throughout parenthood, maintaining hobbies and passions, continuing to learn, and building a strong sense of purpose outside of raising kids. Joe and Tim also unpack the emotional reality children experience when leaving home, from excitement and independence to homesickness and anxiety, while encouraging parents to foster relationships that make adult children actually want to come back home and stay connected.
Packed with humor, wisdom, and practical advice, this episode offers encouragement for anyone approaching the empty nest stage or wondering how to prepare emotionally and financially for the next chapter. The hosts explain why intentional communication, strong faith, shared experiences, and continued generosity with your time and talents can transform an empty nest into one of the most meaningful seasons of life. Whether you are years away from this transition or actively living through it now, this episode provides valuable insight into building a fuller life after the kids move out.
Additional resources:
https://www.goodwininvestment.com/becoming-an-empty-nester-with-joe-beckford/
https://www.goodwininvestment.com/navigating-transitions/
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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.
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Tim (00:16)
And welcome back to the Money Pig Podcast. We’re your hosts. Joe Beckford and Tim Goodwin. And today we are very excited to be discussing Empty Nest Full Life. But before we do, Joe, do you know why there are no knock knock jokes about America?
Joe (00:16)
And welcome back to the Money Pig Podcast. We’re your hosts. Joe Beckford and Tim Goodwin. And today we are very excited to be discussing Empty Nest Full Life. But before we do, Joe, do you know why there are no knock knock jokes about America?
Tim (00:34)
No, because freedom rings. That’s so great. It doesn’t knock your rings. I Good. I get it. get it. OK, so I have one. Oh, come on. Bring it. OK, so what does the owl say? I don’t know. What does the owl say? What sound does an owl make? Oh, who? OK, what does a British owl say? I don’t know. Joe, whom? OK, oh gosh.
Joe (00:34)
No, because freedom rings. That’s so great. It doesn’t knock your rings. I Good. I get it. get it. OK, so I have one. Oh, come on. Bring it. OK, so what does the owl say? I don’t know. What does the owl say? What sound does an owl make? Oh, who? OK, what does a British owl say? I don’t know. Joe. Whom? Whom? OK. Oh,
Tim (00:58)
Wow, don’t get a wah-wah. there it is. There it is. That’s better. That’s fantastic. Awesome. So Joe, share with the audience something interesting about yourself. I think this is your favorite segment of is my favorite. I always have to reinvent myself and pretend I’m more interesting than I really am. So something that I think is cool is I’m really excited about languages and vocabulary. Tell me more.
Joe (00:58)
Wow, that’s don’t get a wah wah. there it is. There it is. All right, that’s fantastic. Awesome. So Joe, share with the audience something interesting about yourself. I think this is the favorite, your favorite segment of is my favorite. I always have to reinvent myself and pretend I’m more interesting than I really am. So something that I think is cool is I’m really excited about languages and vocabulary. Tell me more.
Tim (01:22)
Yeah, but so learning different languages or learning different languages and I like expanding my vocabulary, you know, and I, you know, I like dropping vocab words around here and you’re like, what does that even mean? I love that ideating something or trying to like discuss a decision and Joe’s like laid out this really great scenario or idea. And I’m just like, listen, the biggest question I have about what you just said is what did that work? You said halfway through. just like.
Joe (01:22)
Yeah, but so learning different languages or learning different languages and I like expanding my vocabulary, you know, and I, you know, I like dropping vocab words around here and you’re like, what does that even mean? I love that ideating something or trying to like discuss a decision and Joe’s like laid out this really great scenario or idea. And I’m just like, listen, the biggest question I have about what you just said is what did that work? You said halfway through. just like.
Tim (01:49)
I I love it. I excuse me. I love that. I love that you bring that back very very much. So I’m excited about going what’s interesting. You know, I appreciate all kinds of beaches and oceans and so all of them all of them. I like have you met I’m all don’t like not yet. Okay. So putting it to the test. So excited about getting getting back to some beaches here and in the near future. So I think what’s cool about a beach that has a long
Joe (01:49)
I I love it. I excuse me. I love that. I love that you bring that back very very much. So I’m excited about going what’s interesting. You know, I appreciate all kinds of beaches and oceans and so all of them all of them. I like have you met I’m all don’t like not yet. Okay. So putting it to the test. So excited about getting getting back to some beaches here and in the near future. So I think what’s cool about a beach that has a long
Tim (02:14)
like a pretty substantial tide. I mean, I’ve been to beaches that literally have like no tide, right? And then you got beaches that have huge ones. But the one in Hilton Head, it’s so wide, like it just promotes activity in sports. Like that tie goes out and people are bike riding and they’re playing bocce ball and they’re, you know, they’re passing the balls and they’re running. And it’s just really cool to see all these different games too that people can create like in the sand and different balls. Anyway, I just love seeing all these.
Joe (02:14)
like a pretty substantial tide. I mean, I’ve been to beaches that literally have like no tide, right? And then you got beaches that have huge ones. But the one in Hilton Head, it’s so wide, like it just promotes activity in sports. Like that tie goes out and people are bike riding and they’re playing bocce ball and they’re, you know, they’re passing the balls and they’re running. And it’s just really cool to see all these different games too that people can create like in the sand and different balls. Anyway, I just love seeing all these.
Tim (02:40)
families and friends kind of, you know, having a good time. So all right. But we are we, sir, are going to get back to empty nest full life. We’re going to be relying on you heavily here, Joe, as I have. Let’s just call it not little to know, but absolutely no experience yet. My oldest is is is finishing up their junior year. So still still got all of them at home for another another school year. But I’m not too far away, actually, because, yeah, here in about four or five years.
Joe (02:40)
families and friends kind of, you know, having a good time. So all right. But we are we, sir, are going to get back to empty nest full life. We’re going to be relying on you heavily here, Joe, as I have. Let’s just call it not little to know, but absolutely no experience yet. My oldest is is is finishing up their junior year. So still still got all of them at home for another another school year. But I’m not too far away, actually, because, yeah, here in about four or five years.
Tim (03:06)
Maury and I will be empty nesting. And now you’re going to blink your eyes and it’s going to be. That’s what they say. Yeah. That’s what they say. Yeah. You drop them off at college and eight seconds later you’re at their graduation. It’s wild. That’s the weirdest thing. I’ve got that new Apple TV and it syncs up with my pictures. And so the screen saver is, you know, just randomly picking like memories. Every week it like kind of changes the memories it goes through like that. It’s kind of built itself. Super cool. You’re seeing all these pictures of your kids being super young. So it definitely does feel like, wow, that.
Joe (03:06)
Maury and I will be empty nesting. And now you’re going to blink your eyes and it’s going to be. That’s what they say. Yeah. That’s what they say. Yeah. You drop them off at college and eight seconds later you’re at their graduation. It’s wild. That’s the weirdest thing. I’ve got that new Apple TV and it syncs up with my pictures. And so the screen saver is, you know, just randomly picking like memories. Every week it like kind of changes the memories it goes through like that. It’s kind of built itself. Super cool. You’re seeing all these pictures of your kids being super young. So it definitely does feel like, wow, that.
Tim (03:35)
Yeah, that was a that was yesterday. It’s yesterday. Yeah. Yeah. Yeah. So all right, Joe. So as an empty nest to yourself, what surprised you the most about the transition? I think what surprised me the most was that it wasn’t as bad as I was expecting it to be. I was really bad. I was not happy about it. Yeah. Coming. I was really not. I looked at it as like I like my kids. Yeah. Yeah. It’s like with dread. And so remember, we sent we thoughtfully.
Joe (03:35)
Yeah, that was a that was yesterday. It’s yesterday. Yeah. Yeah. Yeah. So all right, Joe. So as an empty nest to yourself, what surprised you the most about the transition? I think what surprised me the most was that it wasn’t as bad as I was expecting it to be. I was really bad. I was not happy about it. Yeah. Coming. I was really not. I looked at it as like I like my kids. Yeah. Yeah. It’s like with dread. And so remember, we sent we thoughtfully.
Tim (04:01)
sent out the Die with Zero book to all of our clients, right? And we give that to clients and we encourage people to read that. We reference it all the time. So the author of that book, Bill Perkins, in that book, if you haven’t read it, I highly recommend you do, he talks about life as a series of many deaths. And when he said that, I was like, ooh, that’s morbid. But really, the more you think about it, it’s more like seasons of life that come and go. So there’s like the…
Joe (04:01)
sent out the Die with Zero book to all of our clients, right? And we give that to clients and we encourage people to read that. We reference it all the time. So the author of that book, Bill Perkins, in that book, if you haven’t read it, I highly recommend you do, he talks about life as a series of many deaths. And when he said that, I was like, ooh, that’s morbid. But really, the more you think about it, it’s more like seasons of life that come and go. So there’s like the…
Tim (04:30)
the kid you and then there’s the teenage you and then there’s the like college student you right and then you end up but all of those things those seasons and and then there’s the single you and single you ends you get married and that’s awesome and then there’s the now I have kids so now I’m a parent so the parentless the dual income no kid the dink you is gone and so there’s the series of little deaths right and that we all navigate them and they’re all just normal
Joe (04:30)
the kid you and then there’s the teenage you and then there’s the like college student you right and then you end up but all of those things those seasons and and then there’s the single you and single you ends you get married and that’s awesome and then there’s the now I have kids so now I’m a parent so the parentless the dual income no kid the dink you is gone and so there’s the series of little deaths right and that we all navigate them and they’re all just normal
Tim (04:58)
And so I found a little bit of solace in that. So I was like, OK, well, obviously, and I have no choice. So I’m to go with it. But it’s turned out a lot better than I thought it was. Yeah, it’s just actually. So like, what’s the better part? Because you’re you’re starting to think about it and you’re like, OK, this is going to be bad. I like my kids. They’re going to be they’re no longer going to be living here. there’s a mini death because you’re not necessarily like. Like, I understand, like, I feel like the mini death is a little bit like morbid, but like
Joe (04:58)
And so I found a little bit of solace in that. So I was like, OK, well, obviously, and I have no choice. So I’m to go with it. But it’s turned out a lot better than I thought it was. Yeah, it’s just actually. So like, what’s the better part? Because you’re you’re starting to think about it and you’re like, OK, this is going to be bad. I like my kids. They’re going to be they’re no longer going to be living here. there’s a mini death because you’re not necessarily like. Like, I understand, like, I feel like the mini death is a little bit like morbid, but like
Tim (05:28)
Yeah, yeah, I mean, it’s great. You know, you’re a little bit. Your wife has your first baby and you’re no longer not a parent. That’s over. You’re a parent now. Right. So you’re looking at this like, hey, the kids are the kids are going to leave. It feels bad. But you’re saying it felt much better. Why did it? What was the difference there? Other than accepting your many death? I think it just helped. It helped my wife and me connect better. OK.
Joe (05:28)
Yeah, yeah, I mean, it’s great. You know, you’re a little bit. Your wife has your first baby and you’re no longer not a parent. That’s over. You’re a parent now. Right. So you’re looking at this like, hey, the kids are the kids are going to leave. It feels bad. But you’re saying it felt much better. Why did it? What was the difference there? Other than accepting your many death? I think it just helped. It helped my wife and me connect better. OK.
Tim (05:56)
It offered a lot more us time and more introspection and just like fun together, I guess, because we had, you still have responsibilities of life, but different responsibilities. As you’re transitioning from caregiver parent to, I don’t know, more of like friend parent, it’s different. But anyway, it’s more fun and we’re like, wow, what are we gonna do this evening? And there’s some latitude there that I didn’t used to have before. Well, and I think that’s.
Joe (05:56)
It offered a lot more us time and more introspection and just like fun together, I guess, because we had, you still have responsibilities of life, but different responsibilities. As you’re transitioning from caregiver parent to, I don’t know, more of like friend parent, it’s different. But anyway, it’s more fun and we’re like, wow, what are we gonna do this evening? And there’s some latitude there that I didn’t used to have before. Well, and I think that’s.
Tim (06:24)
That’s awesome and inaccurate too, because I’m with you. kind of believe that like your role with your kids changes over time. You know, when I read books and listen to folks on parenting, like trying to be their best friend when they’re in elementary school is not usually the best strategy. That idea you’re in a different place of shaping and discipline and then mentoring and then befriending. It happens over time and it should happen, you know, somewhat later in life, kind like you’re saying when they leave for college. So but also you’re talking about your
Joe (06:24)
That’s awesome and inaccurate too, because I’m with you. kind of believe that like your role with your kids changes over time. You know, when I read books and listen to folks on parenting, like trying to be their best friend when they’re in elementary school is not usually the best strategy. That idea you’re in a different place of shaping and discipline and then mentoring and then befriending. It happens over time and it should happen, you know, somewhat later in life, kind like you’re saying when they leave for college. So but also you’re talking about your
Tim (06:53)
I love that you, and I just don’t want to pass this too quickly, that you are excited to hang out with your wife more. hopefully everybody’s in that place, but the reality is, like if some folks haven’t continued to keep that healthy relationship going with their spouse and then their kids leave and they’re like, you’re just kind of a roommate. Like, I don’t want to hang out with you. Like, you’ve got to have these shared interests and experiences and you you marry Ellen as far as I…
Joe (06:53)
I love that you, and I just don’t want to pass this too quickly, that you are excited to hang out with your wife more. hopefully everybody’s in that place, but the reality is, like if some folks haven’t continued to keep that healthy relationship going with their spouse and then their kids leave and they’re like, you’re just kind of a roommate. Like, I don’t want to hang out with you. Like, you’ve got to have these shared interests and experiences and you you marry Ellen as far as I…
Tim (07:19)
you know, remember or have observed, you know, knowing you as long as I have that you guys still very intentionally spent time with each other, even when the kids were home and maintain this really great continued to foster this love and interest and fun with each other. And so you just got to build on that exponentially, I guess. Right. You know, correct me if I’m wrong. So because you’re like, hey, we’ve got more time together. That’s exciting. You know, I don’t even know if you felt like you had to be super intentional about it or not.
Joe (07:19)
you know, remember or have observed, you know, knowing you as long as I have that you guys still very intentionally spent time with each other, even when the kids were home and maintain this really great continued to foster this love and interest and fun with each other. And so you just got to build on that exponentially, I guess. Right. You know, correct me if I’m wrong. So because you’re like, hey, we’ve got more time together. That’s exciting. You know, I don’t even know if you felt like you had to be super intentional about it or not.
Tim (07:46)
Or if you’re just like, great, it’s more time, let’s go have more fun together. Or like, hey, we’ve got more time. Is there an intentionality aspect to it for you guys or something that you recommend? Like, hey, go ahead and start signing up for dance lessons together. Or now you can do three date nights a week and not one. I don’t know. For us, it’s probably been a little more casual than that. Yeah, didn’t have to be intentional. Not terribly.
Joe (07:46)
Or if you’re just like, great, it’s more time, let’s go have more fun together. Or like, hey, we’ve got more time. Is there an intentionality aspect to it for you guys or something that you recommend? Like, hey, go ahead and start signing up for dance lessons together. Or now you can do three date nights a week and not one. I don’t know. For us, it’s probably been a little more casual than that. Yeah, didn’t have to be intentional. Not terribly.
Tim (08:09)
But it would be, but we do have more impromptu dates. There would be more like a, you know, she’s on her way home and goes, hey, do you want to have a date tonight? Like that movie we were talking about is showing you want to go. Oh my gosh. Yeah, I do. That’s crazy. do that. I can’t remember last time, probably before kids, where Maury and I just like called it day of, hour before, let’s go out to the movies. Like that’s not a thing. It’s a very cool feeling to be able to do that. That’s awesome. All right. So let’s change the perspective and who we’re spotlighting here. So
Joe (08:09)
But it would be, but we do have more impromptu dates. There would be more like a, you know, she’s on her way home and goes, hey, do you want to have a date tonight? Like that movie we were talking about is showing you want to go. Oh my gosh. Yeah, I do. That’s crazy. do that. I can’t remember last time, probably before kids, where Maury and I just like called it day of, hour before, let’s go out to the movies. Like that’s not a thing. It’s a very cool feeling to be able to do that. That’s awesome. All right. So let’s change the perspective and who we’re spotlighting here. So
Tim (08:38)
what do you feel like became some of the bigger pain points for your kids and even like you know you can if you’ve got clients as well who have maybe expressed you what what pain points their kids face when they leave home sure that i think i think you kinda hit the nail on the head a little bit like so mariela night we’ve river we were intentional threw out about to nurture our own relationship and i think you’re more into a really good job
Joe (08:38)
what do you feel like became some of the bigger pain points for your kids and even like you know you can if you’ve got clients as well who have maybe expressed you what what pain points their kids face when they leave home sure that i think i think you kinda hit the nail on the head a little bit like so mariela night we’ve river we were intentional threw out about to nurture our own relationship and i think you’re more into a really good job
Tim (09:04)
So I think your transition won’t be nearly as hard as some people’s. However, I have noticed in some clients that they don’t. Maybe they do pour all of their effort into their jobs or into their kids, and they neglect their relationship with one another. And then to your point, the kids leave, and then now you’ve got extra time on your hands, and you look at this person next to you, you’re like, who are you? You’re not the same person that I knew 20 years ago.
Joe (09:04)
So I think your transition won’t be nearly as hard as some people’s. However, I have noticed in some clients that they don’t. Maybe they do pour all of their effort into their jobs or into their kids, and they neglect their relationship with one another. And then to your point, the kids leave, and then now you’ve got extra time on your hands, and you look at this person next to you, you’re like, who are you? You’re not the same person that I knew 20 years ago.
Tim (09:31)
And the answer is they’re not the same person. And neither are you. if you’ve been, hopefully you’ve been going along the same path. I think the pain points that I see are when people haven’t done that, that they do kind of get into this like, okay, so now what’s my purpose? Now what do I do? I’ve been a caregiver. I’ve been this nurturing parent. I’ve been going to the soccer games. I’ve been doing all the things and now I don’t have to do those things anymore. So now what do I do?
Joe (09:31)
And the answer is they’re not the same person. And neither are you. if you’ve been, hopefully you’ve been going along the same path. I think the pain points that I see are when people haven’t done that, that they do kind of get into this like, okay, so now what’s my purpose? Now what do I do? I’ve been a caregiver. I’ve been this nurturing parent. I’ve been going to the soccer games. I’ve been doing all the things and now I don’t have to do those things anymore. So now what do I do?
Tim (09:59)
You know, and retirement, see some of that in retirement too, where they define their identity in work, and then, well, I don’t work anymore, now what do I do? So, you do have to be intentional about how are you going to foster your own life and your own mental wellbeing and sense of purpose outside of the kids or the job or other things, because you’re a sum of more than that. anyway, that.
Joe (09:59)
You know, and retirement, see some of that in retirement too, where they define their identity in work, and then, well, I don’t work anymore, now what do I do? So, you do have to be intentional about how are you going to foster your own life and your own mental wellbeing and sense of purpose outside of the kids or the job or other things, because you’re a sum of more than that. anyway, that.
Tim (10:23)
That’s kind of where I see is people who haven’t really kind of stewarded their own lives in a really more robust way where there’s lots of diversity and activities and stuff that they go, wow, the biggest thing in my life just walked out the door and now what do I do? That’s hard. Did your kids have any trouble letting go or were they just like, see you, mom and dad, peace, I’m never coming back.
Joe (10:23)
That’s kind of where I see is people who haven’t really kind of stewarded their own lives in a really more robust way where there’s lots of diversity and activities and stuff that they go, wow, the biggest thing in my life just walked out the door and now what do I do? That’s hard. Did your kids have any trouble letting go or were they just like, see you, mom and dad, peace, I’m never coming back.
Tim (10:47)
You know, or like, was there like this homesickness that they had or were they showing up too often or calling too often or I don’t know if that’s a thing. But like, what about them leaving the nest? Like when they got kicked out, did they just want to come back or were they like they’re strong and independent? They’re good. Well, we have three and they act differently. So the answer to your question is different for each of the three. So my oldest when she left, she was like, peace. OK, yeah, yeah, no problem. There are rules at home. I don’t love them.
Joe (10:47)
You know, we’re like, was there like this homesickness that they had or were they showing up too often or calling too often or I don’t know if that’s a thing, but like, what about them leaving the nest? Like when they got kicked out, did they just want to come back or were they like they’re strong and independent? They’re good. Well, we have three and they act differently. So the answer to your question is different for each of the three. So my oldest, when she left, she was like, peace. OK, yeah, yeah, no problem. There are rules at home. I don’t love them.
Tim (11:15)
And so I’m gonna go do my own thing. And okay. So we supported that and that was good and she never looked back. And that was fine. But you still have a good relationship with her. She’s married, she has kids, you get to hang out with grandkids. She was definitely like ready to do her own stuff. She was just ready to do her own thing and go. And then my middle, he wasn’t sure what he wanted to do. Didn’t know if he wanted to go to college, took some gap years, stayed at home, worked and then decided, I wanna go to school. And so went to school.
Joe (11:15)
And so I’m gonna go do my own thing. And okay. So we supported that and that was good and she never looked back. And that was fine. But you still have a good relationship with her. She’s married, she has kids, you get to hang out with grandkids. She was definitely like ready to do her own stuff. She was just ready to do her own thing and go. And then my middle, he wasn’t sure what he wanted to do. Didn’t know if he wanted to go to college, took some gap years, stayed at home, worked and then decided, I wanna go to school. And so went to school.
Tim (11:43)
And then I used to thought he was going to hear he was going to leave the nest but he stuck around for a while. He stuck around for a while. think it seemed to work out for Bobby. Right. I didn’t think he was really sure he was ready to go to college. He made that decision for himself. He and he went off and did it. And and Jade this Jay decided but you know just it wasn’t like just peace mom and dad. Good I’m by I’m gone. It was more like
Joe (11:43)
And then I used to thought he was going to hear he was going to leave the nest but he stuck around for a while. He stuck around for a while. think it seemed to work out for Bobby right. I didn’t think he was really sure he was ready to go to college. He made that decision for himself. He and he off and did it. And and Jade this Jay decided but you know just it wasn’t like just peace mom and dad. Good I’m by I’m gone. It was more like
Tim (12:12)
It was hard. It was hard for her too. She was excited and really nervous at the same time. dropping her off at college, the first time that was like, it was hard for her, it was hard for us. so I can see it. I can see that happening with my three as well. Yeah. You know, they’re going to be excited and they’re going to be, they’re going to be ready, but anxiously ready. And, you know, there’s still a little bit of umbilical cord still connecting that. Hopefully you want that too. You want that? Yeah. Yeah. I mean,
Joe (12:12)
It was hard. It was hard for her too. She was excited and really nervous at the same time. dropping her off at college, the first time that was like, it was hard for her, it was hard for us. so I can see it. I can see that happening with my three as well. Yeah. You know, they’re going to be excited and they’re going to be, they’re going to be ready, but anxiously ready. And, you know, there’s still a little bit of umbilical cord still connecting that. Hopefully you want that too. You want that? Yeah. Yeah. I mean,
Tim (12:39)
I mean, I think for Maureen and I, it’s like, if it’s not our number one goal, it’s one of the number one goals, is just like, we want our kids to want to come home. Exactly. You know what mean? Exactly. We want our kids to want to hang out with us as their adults. You know what I mean? We want to win on the parenting side so that our kids want to be friends with us as adults. Yeah. And that’s cool. When they do that, that’s really cool. You’re right. That’s one of the most gratifying parts, I think. All right, cool. So what?
Joe (12:39)
I mean, I think for Maureen and I, it’s like, if it’s not our number one goal, it’s one of the number one goals, is just like, we want our kids to want to come home. Exactly. You know what mean? Exactly. We want our kids to want to hang out with us as their adults. You know what I mean? We want to win on the parenting side so that our kids want to be friends with us as adults. Yeah. And that’s cool. When they do that, that’s really cool. You’re right. That’s one of the most gratifying parts, I think. All right, cool. So what?
Tim (13:06)
What would be your advice as far as that you would give to people to like, how do you transition well and enjoy this next season of life? I mean, I think you’ve told some stories, people could pull some of those things out, but if you’re gonna kind of give me advice, as I’m getting very, very close to this season, what are some things that I need to keep in mind to transition well and enjoy it? Well, the good news is I think you’re on the right track.
Joe (13:06)
What would be your advice as far as that you would give to people to like, how do you transition well and enjoy this next season of life? I mean, I think you’ve told some stories, people could pull some of those things out, but if you’re gonna kind of give me advice, as I’m getting very, very close to this season, what are some things that I need to keep in mind to transition well and enjoy it? Well, the good news is I think you’re on the right track.
Tim (13:28)
Just because I know you, you’re very intentional about your family. don’t let the train come off the track, don’t let the wheels fall off. Don’t let the wheels fall off. You’re really, you’re good about intentional family meetings and summits and you share things with your kids and a lot of people don’t share things with their kids like they don’t share how their finances work with their kids and stuff like that. So I think there’s, if you’re intentional around being inclusive of what’s going on in your family, I think that’s super helpful.
Joe (13:28)
Just because I know you, you’re very intentional about your family. don’t let the train come off the track, don’t let the wheels fall off. Don’t let the wheels fall off. You’re really, you’re good about intentional family meetings and summits and you share things with your kids and a lot of people don’t share things with their kids like they don’t share how their finances work with their kids and stuff like that. So I think there’s, if you’re intentional around being inclusive of what’s going on in your family, I think that’s super helpful.
Tim (13:55)
What’s gonna help you as an adult is maintaining a strong faith. To me, that’s made a big difference. I couldn’t imagine not having a good strong faith, then, because that helps answer the question of why am I here, that some people have when what they seem is like their main purpose walks out the door and goes to school or whatever it does. I would say an appetite for learning. So always learn, always keep growing.
Joe (13:55)
What’s gonna help you as an adult is maintaining a strong faith. To me, that’s made a big difference. I couldn’t imagine not having a good strong faith, then, because that helps answer the question of why am I here, that some people have when what they seem is like their main purpose walks out the door and goes to school or whatever it does. I would say an appetite for learning. So always learn, always keep growing.
Tim (14:20)
pursue your passions, pursue your hobbies, read books, always learn new things, live a really fun life, enjoy the beaches, go discover new ones that you didn’t have a chance to do with your kids, and then maybe you’ll take them later, or maybe you’ll take your grandkids there later. And I just, I think finally I would say for people to be generous with their time and their talent and their treasure. And probably, at least for our clients, I think the experiences at This Season of Life, you have more of all of those than you’ve ever had.
Joe (14:20)
pursue your passions, pursue your hobbies, read books, always learn new things, live a really fun life, enjoy the beaches, go discover new ones that you didn’t have a chance to do with your kids, and then maybe you’ll take them later, or maybe you’ll take your grandkids there later. And I just, I think finally I would say for people to be generous with their time and their talent and their treasure. And probably, at least for our clients, I think the experiences at This Season of Life, you have more of all of those than you’ve ever had.
Tim (14:47)
You know, you’ve got time and so take advantage. You got a strong brain. You’ve got a little more margin. Be generous with it. Nice. Nice. That’s awesome. Well, thanks, Joe. Thanks co-host for sharing. That’s really, really sometimes it pays to be the old guy in the room. That man, that’s incredible. And I think, you know,
Joe (14:47)
You know, you’ve got time and so take advantage. You got a strong brain. You’ve got a little more margin. Be generous with it. Nice. Nice. That’s awesome. Well, thanks, Joe. Thanks co-host for sharing. That’s really, really sometimes it pays to be the old guy in the room. That man, that’s incredible. And I think, you know,
Tim (15:06)
How it ties back to financial advisors and planning. mean there’s obviously conversations around OK well my kids are living at home now they might be going to college now they might be going out on their own you know expenses that you may not have some of the expenses of them living at home but you’ve got the expenses of college. I’m living a whole independent life so I think it’s really important to to make a plan for that to be talking to your kids about what are they going to be responsible for financially. What are we still going to cover. How are we going to partner on that kind of stuff. That’s huge. Yeah exactly. So.
Joe (15:06)
How it ties back to financial advisors and planning. mean there’s obviously conversations around OK well my kids are living at home now they might be going to college now they might be going out on their own you know expenses that you may not have some of the expenses of them living at home but you’ve got the expenses of college. I’m living a whole independent life so I think it’s really important to to make a plan for that to be talking to your kids about what are they going to be responsible for financially. What are we still going to cover. How are we going to partner on that kind of stuff. That’s huge. Yeah exactly. So.
Tim (15:36)
Well, awesome. Well, I really appreciate that Joe wanted to encourage, you know, those that are listening that if you want to continue to learn great stories like this from folks like Joe and stuff from our clients, make sure you see you’re signed up for our blog. We’ve got almost 5000 subscribers to our blog. You just go to our website, good investment com scroll. Eventually you’ll see a sign up type in your email. We’ve been sending to original not chat GPT written.
Joe (15:36)
Well, awesome. Well, I really appreciate that Joe wanted to encourage, you know, those that are listening that if you want to continue to learn great stories like this from folks like Joe and stuff from our clients, make sure you see you’re signed up for our blog. We’ve got almost 5000 subscribers to our blog. You just go to our website, good investment com scroll. Eventually you’ll see a sign up type in your email. We’ve been sending to original not chat GPT written.
Tim (16:03)
I know blogs by almost entirely by Tara. I was entirely by one seven eight years. Yeah really really great content. We’ve got a lot of a lot of great content like this that makes its way up there and if you’re starting to think like hey this might be a good time for me to start thinking about talking to a financial advisor then we we strongly encourage you to schedule an intro call which you will also see very clearly on the website. So Joe as we sign off we always like to sign off with a little bit of gratitude.
Joe (16:03)
I know blogs by almost entirely by Tara. I was entirely by one seven eight years. Yeah really really great content. We’ve got a lot of a lot of great content like this that makes its way up there and if you’re starting to think like hey this might be a good time for me to start thinking about talking to a financial advisor then we we strongly encourage you to schedule an intro call which you will also see very clearly on the website. So Joe as we sign off we always like to sign off with a little bit of gratitude.
Tim (16:31)
While you are maybe thinking about sharing what you’re grateful for, I will share that I’m grateful for emergency rooms.
Joe (16:31)
While you are maybe thinking about sharing what you’re grateful for, I will share that I’m grateful for emergency rooms.
Tim (16:37)
Not talking for a Not talking for a friend, talking from experience. I don’t really know. I’m trying to remember. I don’t think I’ve ever. Well, certainly not as an adult. I broke my wrist, you know, when I was a kid, roller skating, showing off for in front of cheerleaders. So that’s a funny story for another time. But anyway, I’m sure they took me to the emergency room then. But it’s been a long, long time since I went to the emergency room first time as an adult. And and as you know, my appendix was about to rupture. So they removed my appendix. So
Joe (16:37)
Not talking for a Not talking for a friend, talking from experience. I don’t really know. I’m trying to remember. I don’t think I’ve ever. Well, certainly not as an adult. I broke my wrist, you know, when I was a kid, roller skating, showing off for in front of cheerleaders. So that’s a funny story for another time. But anyway, I’m sure they took me to the emergency room then. But it’s been a long, long time since I went to the emergency room first time as an adult. And and as you know, my appendix was about to rupture. So they removed my appendix. So
Tim (17:04)
Again, just grateful for the technology, just to be able to have access to an ER and to get taken care of. I know different hospitals and different ERs you have different experiences in, but I had no idea how well-run the one I went to was and how it was seemingly carrying most, if not all, of the individuals I interacted with, which was a lot, like probably 25 to 30 people by the time I got out of that hospital, I feel like I had interacted with. So I’m just grateful to live in a country where I can…
Joe (17:04)
Again, just grateful for the technology, just to be able to have access to an ER and to get taken care of. I know different hospitals and different ERs you have different experiences in, but I had no idea how well-run the one I went to was and how it was seemingly carrying most, if not all, of the individuals I interacted with, which was a lot, like probably 25 to 30 people by the time I got out of that hospital, I feel like I had interacted with. So I’m just grateful to live in a country where I can…
Tim (17:33)
drive not too far to a emergency room that will do their best to keep me alive. So, feel good about that. About you. Sorry, maybe I should have gone last. know, right? That’s hard to Happy to be alive, I guess, is what I was saying. Well, we’re happy you’re alive too. And I am grateful for that, but I was thinking my primary grateful thing is I think, as we’re describing this, I think the thing that has helped me in my…
Joe (17:33)
drive not too far to a emergency room that will do their best to keep me alive. So, feel good about that. About you. Sorry, maybe I should have gone last. know, right? That’s hard to Happy to be alive, I guess, is what I was saying. Well, we’re happy you’re alive too. And I am grateful for that, but I was thinking my primary grateful thing is I think, as we’re describing this, I think the thing that has helped me in my…
Tim (17:57)
transition to empty nesting is just having a good partner and strong faith and we both share that faith. And I just think that makes all the difference. Yeah. That’s awesome. Wait, we said all the difference at the same time. the difference. That’s awesome. If we’re not already in stereo, we are now. All right. Well, thank you so much for listening. We’ll catch you next time. Bye bye.
Joe (17:57)
transition to empty nesting is just having a good partner and strong faith and we both share that faith. And I just think that makes all the difference. Yeah. That’s awesome. Wait, we said all the difference at the same time. the difference. That’s awesome. If we’re not already in stereo, we are now. All right. Well, thank you so much for listening. We’ll catch you next time. Bye bye.
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The Money PIG podcast is hosted by Reid Trego. 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.
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.
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