Podcast
𧪠The VIP Retirement Income Lab
Hosted by Patrick Huey ¡ EN
The VIP Retirement Income Lab, with Patrick Huey, CFPÂŽ, helps turn portfolios into paychecks. If youâre within five years of retirement â or five years into it â youâve probably realized that saving was the easy part.
In The Retirement Income Lab, we âtestâ real-world retirement decisions so you donât have to test them on your own portfolio.
Patrick Huey is an investment advisor representative of Dynamic Wealth Advisors dba Victory Independent Planning, LLC. All investment advisory services are offered through Dynamic Wealth Advisors. Patrick Huey is the author of two books: "History Lessons for the Modern Investor" and "The Seven Pillars of (Financial) Wisdom"; this is considered an outside business activity for Patrick Huey and is separate and apart from his activities as an investment advisor representative with Dynamic Wealth Advisors. The material contained in these books are the current opinions of the author, Patrick Huey but not necessarily those of Dynamic Wealth Advisors.
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37episodes
Episodes
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đ°Three Things To Know About Your Savings, Taxes and Income in 2026
Apr 1800:12:46Tap to summarizeDid you know there are quiet little rule changes already in place for 2026 that could cost you real money over a 20â30 year retirementâor quietly save you a bundleâdepending on how you plan? In this HL4TMI Special Report, I walk through three changes that affect how you save, invest, and take money out in retirement starting in 2026. These arenât headlines for tax nerds; theyâre levers you can pull to lower your lifetime tax bill and gain more control over your income. In this video, youâll learn:đ°How âRothâonlyâ catchâup contributions for higherâearning workers age 50+ will shift when you pay tax, and what that means for your paycheck and future Required Minimum Distributions (RMDs).đ°Why a higher SALT (state and local tax) deduction cap makes the timing of Roth conversions, capital gains, and charitable giving more important than everâespecially if you live in a highâtax state.đ°How a new senior deduction quietly widens your âlowâtax runway,â creating room for smarter IRA withdrawals, partial Roth conversions, and portfolio rebalancing without jumping brackets.đ°The key questions to ask right now about your savings buckets (preâtax, Roth, and taxable), your state taxes, and your retirement income plan, so youâre not leaving money on the table. If your current advisor hasnât walked you through how these 2026 changes affect where your next dollar of savings goesâor the order in which youâll tap accounts in retirementâyou may have investment management, but you donât have advanced planning. Iâm Patrick Huey, CFPÂŽ, owner of Victory Independent Planning and host of History Lessons for the Modern Investor. If youâre 50+ and want to see how these specific rules apply to you, schedule a call:Website: https://victoryindependentplanning.com/contactPhone: (877) 234-8957. Weâll map how these changes interact with your income, your state taxes, and your age so you can answer a simple question: Am I on the right track, or am I leaving real money on the table?tax changes in 2026, retirement income planning, tax planning for retirees, Roth catchâup contributions, SALT deduction cap, senior tax deduction, Roth conversions, sources of retirement income, Patrick Huey CFP, History Lessons for the Modern Investor, Victory Independent Planning#investing #investor #history #retirement #taxes #RothIRA #financialplanning This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hl4tmi.substack.com
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đ§˘Traditions and Turning Points: Playing the Long Game With Your Money
Apr 1500:12:35Tap to summarizeEpisode Description:This episode pairs two âtraditions unlike any otherâ â The Masters and Jackie Robinson Day â to ask a simple question:How do you keep playing your long game when the course, the crowd, and the numbers all make you nervous?âł First Word â The Masters & Markets Climbing a Wall of Worry. We start at Augusta: perfect fairways, swirling winds, and golfers trying to survive Amen Corner without blowing up their scorecard. Itâs the perfect metaphor for todayâs markets:-Inflation gusts that bite into paychecks-Growth revised down from âboomingâ to âjust okayâ-A market that used to be all about a few superstar stocks⌠now finally broadening out-We talk about why markets so often rise while headlines scream âdanger,â and how to build a portfolio that plays the full 72 holes instead of reacting to every bad lie.âž History Lessons â April 15, 1947: Jackie Robinson Steps Onto the Field. Then we head to Ebbets Field, where Jackie Robinson breaks baseballâs color barrier and completely changes the game: -Crossing a line that had been closed for decades-Taking incredible heat without changing his approach-Winning not with one dramatic season, but with years of consistent performanceFrom Jackieâs debut, we pull out lessons for investors about:-Stepping onto fields (like the stock market) that feel uncomfortable at first-Sticking to your swing when the âcrowdâ is yelling at you to do something crazy-Broadening your financial ârosterâ so more than one star name can carry the plan-Building a legacy that outlasts your own career. If you like your market commentary with a side of azaleas and baseball historyâand you want your money strategy to survive both bad bounces and noisy crowdsâthis episode is for you.#Investing #WealthManagement #BehavioralFinance #TheMasters #JackieRobinson #MarketVolatility #HistoryLessonsForTheModernInvestor #LongTermThinking #rorymcilroy This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hl4tmi.substack.com
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đSlow Burns, War Votes and What Really Gets You to Your Financial Destination
Apr 800:12:50Tap to summarizeArtemis is heading back to the moon đ and weâre revisiting the moment the U.S. finally said, âOkay, fine, weâre inâ to World War I đşđ¸âwhich is basically the perfect combo for how most of us treat our money.In this weekâs episode:đ First Word â Artemis & Your Portfolio Flight PathArtemis doesnât launch once and hope for the best. It launches, then makes a thousand tiny course corrections.Investors, on the other hand, often:⢠Treat every headline like a signal to âabort mission.âđąâ˘ Yank the controls from longâterm to âall cashâ in one move⢠Forget the actual destination (retirement, college, legacy) while staring at the dashboard. The better model: pick a destination, expect a wobbly path, and make small, boring adjustments instead of dramatic midâair flips.đ History Lessons â April 6, 1917 & Joining the Right BattlesWhen the U.S. finally entered WWI, it learned:⢠Sitting on the sidelines forever is its own kind of riskđŁâ˘ Once you commit, your whole system has to support the missionđ⢠Grand slogans are nice, but clear objectives are betterđŻFinancial translation: âNeutralâ forever (a.k.a. cash under the mattress) is not a strategy. At some point, you have to pick your battlesâhow much to save, how to invest, what youâre actually aiming forâand align everything else around that. So yes, this week is about:đ Not treating your 401(k) like a fireworks showâď¸And not running your money like a country that hopes global events will justâŚignore itAim for Artemis: clear destination, small steady corrections. Avoid 1914â1917: profitable, but pretending youâre not already involved.#investing #wealthmanagement #behavioralfinance #Artemis #WWI #longtermthinking This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hl4tmi.substack.com
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âžď¸ Near Misses and Slow Curves: An Investing Game Plan To Survive the Unexpected
Apr 200:12:41Tap to summarizeOpening Day Jitters and Near Misses: Baseball, Reagan, and Your MoneyThis episode has two quick innings:âž First Word â Opening Day & Overreacting to Game 1We use MLB Opening Day as a lens on the economy: a few shaky early âinningsâ in the data, some solid contact underneath, and a reminder that you donât rebuild your entire portfolio based on one monthâs box score. Think full season, not first pitch.đĄ History Lessons â Reaganâs Near Miss & Backup PlansThen we jump to March 30, 1981, and the attempted assassination of Ronald Reaganânot for the politics, but for what it teaches about blind spots, redundancy, and why âso far, so goodâ is not a risk strategy for your financial life.If you like your market talk with a side of baseball and a bit of history, this oneâs for you.#Investing #WealthManagement #BehavioralFinance #OpeningDay #HistoryLessonsForTheModernInvestor00:00 â Cold open & podcast intro00:32 â Opening Day jitters and why Game 1 isnât the whole season02:05 â What the latest economic âbox scoreâ is really telling us04:10 â How to build a portfolio for a full 162âgame schedule, not one inning06:20 â Transition from First Word to History Lessons06:40 â March 30, 1981: The attempted assassination of Ronald Reagan08:25 â Blind spots, âso far so good,â and why redundancy matters10:05 â Practical takeaways: backup plans for your financial life11:40 â Final thought & wrapâup This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hl4tmi.substack.com
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đ A Historical Perspective on Global Conflict
Mar 2600:12:33Tap to summarizeWar with Iran doesnât feel like just another headline. It feels like a direct threat to your safety, to global stability â and to your portfolio. When markets wobble and oil spikes, itâs easy to think, âThis time is different.âIn this History Lessons for the Modern Investor special report, we step into the wayâback machine and look at what actually happened to markets during some of the most frightening moments of the last century â and what that history can teach us about investing today.In this episode, youâll learn:đ How the market really behaved around Pearl Harbor, the Cuban Missile Crisis, 9/11, RussiaâUkraine, and the IsraelâHamas war.đWhy, since 1970, nearly 9 out of 10 market corrections were followed by higher prices one, two, and three years later.đWhat stocks returned during major wars like World War II, Vietnam, and Iraq â versus what the headlines made it feel like at the time.đHow a simple $10,000 investment in 1969 grew to roughly $3.5 million by the end of 2025, despite recessions, oil shocks, terrorism, pandemics, and wars.đThe one thing you can control when geopolitics are completely out of your hands: having a sensible plan and the discipline to stick with it.This is not about minimizing the human cost of conflict. Itâs about separating very real emotions from the decisions that will shape your longâterm financial life. If this gave you a little more perspective â and a little less panic â hit LIKE, SUBSCRIBE to History Lessons for the Modern Investor, and share it with someone whoâs losing sleep over the headlines.#investing #history #markets #iranwar This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hl4tmi.substack.com
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đĽ Roundhouse Kicks: How Not to Get Whacked by Your Own Portfolio |
Mar 2600:11:01Tap to summarizeIn this episode, we mash up two stories to answer one big question: How do you stay invested when the headlines look like an action movie and the deals sound like theyâre coming from Vito Corleone?đĽ First Word: Chuck Norris, the Fed, and a Surprisingly Calm Market. We start with the news of Chuck Norrisâs passing and why we secretly love the myth of the invincible hero. Then we contrast that with real life in Q1 2026. Your portfolio isnât supposed to be bulletproof. Itâs supposed to be resilientâable to take hits, reset, and keep working toward your goals without you throwing a financial roundhouse kick every time the script gets spicy.đŹ History Lessons: The Godfather and Offers You Should Refuse. Next, we head back to March 24, 1972, and the nationwide premiere of The Godfather: A messy, doubtful production that became a classic. A family business that mixes loyalty, power, and terrible decision-making. And, of course, âIâm gonna make him an offer he canât refuse.âNot every 'guaranteed' opportunity is a good deal đŤđ°You donât have to inherit your familyâs money scripts đ§ŹLong games (compounding) beat short scores (quick hits) âłMixing money and emotion usually ends like a deleted scene, not an Oscar win đđ Put Together, You Get: A Chuck Norris mindset about shocks: expect punches, donât demand invincibility. A Godfather mindset offers: if it doesnât fit your plan, you can refuse itIf you like your market talk with a side of martial arts jokes and classic cinema, hit subscribe, share with a friend, and letâs make sure your money script has a better ending than most mob movies.#Investing #WealthManagement #BehavioralFinance #ChuckNorris #TheGodfather #MarketVolatility #PersonalFinance #HistoryLessonsForTheModernInvestor #LongTermThinkingTimestamps 00:44 â Chuck Norris, headlines, and the myth of the invincible portfolio01:40 â Why âinvincibleâ doesnât exist: what real resilience looks like02:46 â Sponsor break: Victory Independent Planning04:00 â March 24, 1972: The Godfather hits theaters05:42 â How a messy production became a classic (and why that matters for investors)06:32 â Lesson 1: Not every âoffer you canât refuseâ is a good one07:32 â Lesson 2: Family scripts vs. your own financial goals08:30 â Lesson 3: Long games beat short scores09:20 â Lesson 4: Mixing business and emotion in your money10:10 â Final thought: Succession, closing doors, and scripting your own ending This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hl4tmi.substack.com
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đźď¸ Madness, Masterpieces & Money: What Busted Brackets and Boston Art Heists Teach Investor
Mar 1800:11:17Tap to summarizeThis episode is peak March: weâve got busted 2026 brackets, a slower economic âbox score,â and one of the wildest art heists in historyâall pointing at the same question:How do you protect your financial life when the world loves upsets?Hereâs what we dig into:đ First Word â Your Bracket, the Economy, and That Slower GDP Number. Everyoneâs a college basketball expert this week⌠right up until a school theyâve never heard of knocks out their âlockâ in the first round. We use that bustedâbracket energy to unpack the latest macro storyâwithout drowning you in stats:đ Why a slower growth âscoreboardâ doesnât mean the game is overđ How parts of the economy can quietly play solid ball even when the headline looks flatđ The big mistake investors make: building portfolios that only work if every favorite winsYouâll walk away with a simple framework: build a lineup that can survive a few bad games, not one that depends on a perfect bracket.đź History Lessons â The Gardner Museum Heist and âSecurity by Illusion.âThen we jump to Boston, March 1990, when two men dressed as cops walked into the Isabella Stewart Gardner Museum and walked out with roughly half a billion dollars in art.Empty frames still hang on the walls todayâa permanent reminder that:đźLooking secure is not the same as being secuređźA good story (âweâre the police, let us inâ) can override every proceduređźSome assets are truly irreplaceable and deserve stronger protection than âitâs never happened before.âđ Put Together, You Get:A March Madness mindset that expects upsets and doesnât panic when a favorite stumblesA museumâgrade mindset that treats your core capital and earning power like masterpieces, not trading cardsIf youâve ever...đRebuilt your portfolio as often as you rebuild your bracket, orđAssumed âIâm fineâ was a risk strategy for your savings and estateâŚâŚthis episode is for you.If you like your market talk with a side of true crime and March Madness, hit subscribe, share this with a friend who loves an upset a little too much, and letâs make sure your plan survives more than one round.#Investing #WealthManagement #BehavioralFinance #MarchMadness #ArtHeist #RiskManagement #HistoryLessonsForTheModernInvestor #PersonalFinance #LongTermThinkingGive this video a thumbs up if you enjoyed watching đ This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hl4tmi.substack.com
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â° Spring Forward Barbie: Resetting Your Financial Clock & Reimagining the Future |
Mar 1100:11:39Tap to summarizeDaylight Saving Time stole an hour of our sleep đ´ and Barbie just turned 67 đ⌠which is about as good a summary of markets and money as youâre going to get this week.In the latest episode, we discuss:â° Daylight Saving Timeâ We âspring forwardâ and feel jetâlagged for a few days, even though nothing fundamental in our lives changed.â Investors do the same thing with their portfolios: one weird month, a scary headline, and suddenly theyâre ready to blow up a plan that was fine on Friday.The cure in both cases? Boring consistency: ⢠Same alarm, same routine, let your system catch up.đąââď¸ Barbieâs birthdayâ Launched in 1959 as one slightly controversial doll in a striped swimsuit.â Became a multiâbillionâdollar franchise by sticking to a core idea and updating the outfits over time. The investing version: ⢠đŻ Keep your core (goals, time horizon, risk level).⢠đ Update the âwardrobeâ (tactics, accounts, tax moves) as life changes.⢠đ§ Donât let someone elseâs dreamhouse become your definition of success.So yes: your financial plan should act more like a wellâset body clock and less like a limitedâedition Barbie drop.Lose an hour, gain some perspective.And maybe skip the impulse to âspring forwardâ your portfolio into a brandânew personality every March. đ#investing #wealthmanagement #personalfinance #behavioralfinance #DaylightSavingTime #Barbie #longtermthinking This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hl4tmi.substack.com
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đWhoppers, Iron Curtains, and Your Money
Mar 300:11:36Tap to summarizeđBurger King is putting the Whopper in a tuxedo đ and Winston Churchill is dropping an âIron Curtainâ đ§ąâand yes, they both showed up in the latest episode.Here again, I mash up two very different stories:đ Part 1: The Whopper glowâupBurger King tweaks the bun, upgrades the mayo, and swaps the wrapper for a box. Same patty, better packaging. Thatâs a perfect metaphor for how most of us should treat our financial plans:đKeep the core recipe (goals, time horizon, risk level)đMake small, thoughtful adjustments around the edgesInstead, many investors do the oppositeâthrow out the whole burger every time thereâs a scary headline.â Part 2: Churchillâs âIron Curtainâ momentIn 1946, Churchill didnât create the divide in Europe; he named it. Once he called it an Iron Curtain, it was a lot harder for leaders to pretend the map hadnât changed.Thatâs what good planning does today:â It forces us to be honest about structural shifts (rates, inflation, geopolitics)âAnd then build portfolios for the world we actually live in, not the one we miss.Put together, the episode is really about this:đŻWhopper mindset: upgrade the packaging of your plan when it helpsđŻIron Curtain mindset: be brutally honest about the terrain youâre investing onđŻDo that, and youâre much less likely to torch a perfectly good âpattyâ every time the news cycle gets loud.If that mix of burgers, Cold War history, and practical investing sounds like your kind of weird, the video is live.Give this video a thumbs up if you enjoyed watching đ#investing #wealthmanagement #behavioralfinance #markets #history #leadership #longtermthinking #Whopper #IronCurtain This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hl4tmi.substack.com
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đŤShort-Term Turbulence v. Long-Term Stewardship
Feb 2500:12:20Tap to summarizeSo...picture this. Youâre at a Northeast airport.đ¨ď¸ Snow is piling up on the runway. TSA is short-staffed thanks to the latest funding drama. Flights are delayed, security lines snake past the food court, and every phone refresh brings more bad news. It feels like the entire system is broken. In this short episode, I use that all-too-familiar travel nightmare as a metaphor for how we experience our finances and the markets:đŤWe see the bottlenecks (headlines, political fights, ugly travel days, scary market moves).đŤWe donât see the underlying machinery that keeps working (our goals, time horizon, savings habits, diversified portfolio).đThen we zoom out even furtherâwith a trip back to 1872 and the creation of Yellowstone, the worldâs first national park. Instead of carving the land up for quick profitâmines, timber, resortsâleaders chose something harder: preserving a unique asset for future generations.From Yellowstoneâs story, we pull out investing lessons about:đThinking like a steward, not just an ownerđAccepting short-term trade-offs for long-term valueđDiversifying your âlandscapeâ instead of betting only on one thingđProtecting what canât be easily rebuilt once itâs damagedPut together, the airport chaos and the Yellowstone decision give us a simple framework: In the short term, expect storms and long lines. In the long term, act like a steward of your capital, not a tourist chasing the next flight. You donât need to redesign your entire financial itinerary every time the departure board looks bad. You do need a clear destination, a route that fits how you want to travel, and the discipline to preserve your most important assets, as we chose to preserve Yellowstone. If youâve ever wanted to âcancel the tripâ after one miserable airport experienceâor cash out a long-term plan because of a rough week in the marketsâthis episode is for you.#Investing #PersonalFinance #WealthManagement #MoneyMindset #InvestorBehavior #FinancialPlanning #MarketVolatility #HistoryLessonsForTheModernInvestor #Yellowstone #StormsAndSecurityLines This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hl4tmi.substack.com
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