Best Advice Podcast Guys

This episode breaks down  dollar cost averaging and ranks the four worst single-day percentage declines in S&P history—Black Monday (1987), the Great Crash and Black Tuesday (1929), and the COVID-19 crash (2020)—and explains what happened during those days.

Hosts Rob and Wealth Advisor, Abby Lovaglio, discuss margin calls, the market’s bouncebacks, emotional investing, and practical strategies like dollar...

Retired Lockheed director Mark Hatter, shares his journey from a demanding aerospace career to a vibrant retirement focused on health, photography and travel. He explains how careful financial planning, prioritizing work-life balance, and choosing to leave before 60 gave him years of active, fulfilling life.

Mark describes mentoring at Lockheed, the challenges of supply chain and program obsolescence, and the importance of saving e...

Should Aerospace Employees Retire at 55, 60 or 65—and what could those extra working years mean for you? On BA Podcast Guys, host Rob sits down with senior advisors Steve Young and Michael Allen, CFP, to discuss the choices behind that decision.

They cover early retirement, healthcare costs before Medicare, retirement savings, taxes, Social Security and pension considerations.

Beyond the numbers, they ask something worth thin...

This episode walks aerospace employees through a simple, stage-based retirement checklist, divided into ages 55–59, 60–64, and 65+. Rob sits down with senior advisor Steve Young, and Mitchell Allen CFP®, explain how to coordinate pension elections, salaried savings plan decisions, Social Security timing, Medicare enrollment (including coordination with VIA), and other benefits that run on different timelines.

They cove...

Advisors Michael Allen and Stephen Young share memorable advice from a retired Lockheed VP. Join Best Advice Podcast Guys as we break down practical tips on productivity, planning, and mastering your trade to increase effectiveness in work and investing. ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 🎧 Listen & Subscribe: 🔹 Apple Podcasts: https://podcasts.apple.com/us/podcast... 🔹 Spotify: https://open.spotify.com/show/2xscesU... 🔹 All Platf...

This episode uncovers the non-market dangers that can quietly derail retirement plans—longevity, inflation, healthcare and long-term care costs, insurance gaps, estate mistakes, and behavior-driven decisions—highlighted for Lockheed and aerospace employees.

Senior advisors Michael Allen,CFP® and Steve Young explain sequence-of-returns risk, beneficiary and estate planning, liability and umbrella coverage, and the need t...

The Biggest Financial Mistakes Young Professionals Should Avoid Starting your financial journey early can make a real difference—but knowing where to begin isn’t always easy.

In this episode of BA Podcast Guys, Rob sits down with Senior Advisors Mitch Allen, CFP®, and Steve Young to share practical financial planning advice for young professionals.

They discuss how to maximize workplace benefits, employer 401(k) match...

A CPA, estate-planning attorney, insurance professional, and financial advisor may all be working for you—but are they actually talking to one another?

In this episode, Michael Allen, CFP®, and Mitchell Allen, CFP®, explain why professional coordination is critical for aerospace employees and their families.

Using real client examples, they show what can happen when financial profess...

Certified Financial Planners® Michael Allen and Mitchell Allen walk through 12 common retirement challenges faced by Lockheed Martin and aerospace employees, including too many choices, overreliance on company stock, tax surprises, Social Security timing, healthcare costs, asset allocation, withdrawal strategies, and estate planning.

The episode delivers concise, practical advice and actionable steps to simplify decisions, protect ...

Aerospace Employees (Lockheed Martin): You may be leaving 10% free money on the table. Between automatic 6% contribution and the 50% match on your first 8%, the salary savings plan pays you to show up — and most employees never max it.

Mike Allen, CFP® and Mitch Allen, CFP® of Security Financial Management break down the 6% + 4% math, why your emergency fund comes first, the Roth "tax insurance" move, RSU over-concentration, ...

Aerospace and defense employees (Lockheed Martin, Northrop Grumman, and beyond): even the most analytical engineers make emotional money decisions when the market drops. Reacting to every scary headline can quietly cost you your retirement.

Steven Young, and Mitch Allen, CFP®, of Security Financial Management work with 50+ Lockheed Martin households. They break down which market headlines actually matter...

Lockheed Martin and aerospace employees: between your 401(k), ESPP, company stock, and aerospace ETFs, you may be far more concentrated in one industry than you ever chose to be.

Mitch Allen, CFP® and Mike Allen CFP®, of Security Financial Management work with 50+ Lockheed Martin households. They break down where and when SpaceX and aerospace names actually fit — and how to keep your upside without betting your retirement on ...

This episode explains why estate planning matters for everyone, not just the very wealthy, and reveals how common gaps—like missing revocable trusts, living wills, and POAs—can cause costly, emotional problems.

Hosts discuss probate risks, beneficiary designations, proper retitling, and real-life stories showing the consequences, and urge listeners to review documents and consult their advisors. TIMESTAMPS

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On this episode, Rob Lovaglio and Austin Jacks sit down with estate attorney Connect with Olivia Share McClanahan to walk through the essentials of wills, trusts, durable powers of attorney, health care surrogates, living wills, and pre-need guardianship. They explain the difference between revocable and irrevocable trusts, why avoiding probate matters, and why these documents should be aligned and discussed with family.

Olivia sha...

In this episode, Rob Lovaglio and certified financial planner Austin Jacks discuss sequence of returns risk — how the timing of market gains and losses affects retirement outcomes. They explain with simple examples why starting distributions during a market downturn can severely impact your nest egg and why having cash reserves and flexible withdrawal strategies matters.

Learn practical tips for planning the transition from a...

This episode explains why life insurance alone isn't enough for trade business owners and contractors. Rob and Trevor discuss how a disabling injury can wipe out income and threaten a business within months.

They outline three protections: disability income insurance, business overhead expense insurance, and clear succession planning, and share statistics showing owners are more likely to be disabled than die before 65.

Practical a...

Lockheed Martin changed its executive bonus structure from 75% RSUs and 25% cash to 100% RSUs. That shift reduces liquidity, creates new tax-timing challenges, and increases concentration risk in company stock.

This episode breaks down the implications for taxes and portfolio risk, and outlines practical planning steps—liquidity strategies, tax-aware selling, and diversification—to help executives protect their finances...

In this episode of the BA Podcast Guys, host Robert Lovaglio sits down with Dan Laforest, Senior Financial Advisor at SFM, to discuss an important but often avoided topic: family conversations around estate planning, retirement, and financial preparedness. Dan explains why families should not wait until a crisis happens to talk about wills, trusts, life insurance policies, bank accounts, beneficiaries, and financial documents. The ...