profile

Taylor Schulte

Retirement and tax planning tips...in plain English.

I'm the host of the Stay Wealthy Retirement Show and founder of Define Financial, an award-winning retirement and tax planning firm. When I’m not helping people lower their tax bill, you can find me traveling with my wife and kids, searching for the next best carne asada burrito, or trying to master Adam Scott’s golf swing.

Featured Post

Which Investment Would You Choose?

Hi Reader, Whenever an asset class performs well over a short period of time, investors inevitably start asking whether or not they should buy some (or more) of the high performer. Given the recent performance of Bitcoin, Ethereum, gold, and silver, I wanted to share some thoughts on these assets. The Past It's difficult to provide a detailed historical analysis of Bitcoin and Ethereum because they are relatively new (2009 and 2013, respectively). However, their performance since inception...

4 days ago • 2 min read

Hi Reader, There's often a disconnect between what we think is happening in the economy and what is ACTUALLY happening. I think of this as the difference between facts and feelings. In today's email, I'm sharing: How consumers currently feel about the economy What the actual economic data says Why the disconnect between facts and feelings exists Before we dive in...did you catch this week's podcast episode? Dividend Investing (Part 3) In this week's episode, I'm discussing Stock Buybacks...

11 days ago • 3 min read

Hi Reader, Today, I’m sharing five of my favorite investing and economic charts from the past month. These charts cover topics like: The Futility of Forecasting Emerging Market Stocks Predicting Interest Rates...and More! Let's dive in.👇 #1 - Predicting The Future Is Hard An inverted yield curve is widely touted as the mother of all “recession indicators.” In other words, when the yield curve "inverts," it indicates that a recession may be near. 💡 What Is An Inverted Yield Curve? It's when...

18 days ago • 3 min read

Hi Reader, Everyone wants to know what the market will do next. Will it continue to rise, or are we destined for a decline? If it declines, how bad will it be? It’s natural to want to know these answers because living in an unpredictable world is incredibly difficult. Surprisingly, uncertainty might even be more difficult to deal with than knowing that chaos is coming. It sounds odd, but we can see this phenomenon in action all over the place. Dividend Investing (Part 2) In this week's...

25 days ago • 2 min read

Hi Reader, Social Security is a touchy subject. Over the years, I've observed the attitude toward Social Security becoming increasingly negative due to its perceived insolvency. Due to this perception, it's not uncommon for retirement savers to question if (or how) they should include it in their future planning. While the overall health of the Social Security program is not great, it's still better than many people realize. In today's email, I want to share some important updates about the...

about 1 month ago • 3 min read

Hi Reader, One of the most popular investing books of all time is The Intelligent Investor by Benjamin Graham. Originally published in 1949, it has been updated multiple times and continues to be a best-seller today. In case you haven't heard of Benjamin Graham, he was Warren Buffett's teacher and mentor. And Buffett has said that he considers The Intelligent Investor to be "the best book on investing ever written." I'm not necessarily encouraging you to read the book (candidly, it's a bit...

about 1 month ago • 3 min read

Hi Reader, Today, I'm sharing some of my favorite investing and economic charts from the past month. These charts cover topics like: Market Drawdowns The Middle East & Geopolitical Risk Politics & Investing Before we dive in...did you catch this week's podcast episode? 👉 How to Protect Yourself From Financial Scams (+ New Resources) In this week's episode, I share a story about a couple who lost $2 million to an investment scam. I also sharing (new!) resources to help protect your personal...

about 2 months ago • 2 min read

Hi Reader, New research has found a new "magic" retirement savings number. I say “magic” because if you put 10 people in a room, you’ll get 10 different opinions about how much you should save for retirement. And this estimate is no different. Northwestern Mutual recently surveyed 4,588 adults and found: The new “magic” number for a comfortable retirement is $1.46 million. It’s up 15% from last year’s $1.27 million number and is also an eye-popping 53% higher than the 2020 estimate.😳 Broken...

2 months ago • 2 min read

Hi Reader, The Wall Street Journal recently published an article detailing a survey based on this question: "Exactly how much more income do you think you need to be happy?" What do you think? How much more income do you think you'd need to be happy? Before we dive in...did you catch this week's podcast episode? 🎙️ Listen to The Best Retirement Account Type, Making Investment Changes, and More! We're answering listener questions like: “What account type is best to invest in after you’ve...

2 months ago • 2 min read

Hi Reader, Each spring, J.P. Morgan releases a helpful document they call Guide to Retirement. It's packed with interesting ideas and data that are all focused on retirement. While I think the entire document is valuable, I've handpicked eight charts that I think can help us make better retirement decisions. I've also added some commentary that I hope you'll find valuable. Let's dive in. (Note: If you want to download the entire 53-page guide from JP Morgan, click here.) 1.) Focus on What's...

3 months ago • 4 min read
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