Business Innovators Radio - Interview with Jordan Mangaliman, Fiduciary Retirement Advisor & Founder of GoldLine Wealth Management Discussing the Transition into Reti

Episode Date: October 6, 2025

Jordan is a second-generation Fiduciary Retirement Advisor and has dedicated the last 15 years to educating his clients on how to build and protect the assets they have worked so hard to accumulate. His family has now been serving clients for over 45 years and has helped over 1,200 families across the nation, spanning from Hawaii to New York. His diverse base of clients entrust him with their financial well-being, and he proudly owns a record free of any consumer complaints. This is a direct result of the core values at GoldLine Financial. This expansive industry experience has allowed their team to provide sound advice to their clients during both bull and bear / recession markets.He earned his Bachelor’s Degree in Finance at UC Riverside. Personal finance, market trends, investment strategy, and wealth preservation is what drives Jordan’s hunger for knowledge, which he shares with his clients and incorporates regularly into his practice. Jordan’s family has been a pioneer in the Christian-Catholic Ministries in Los Angeles for over 35 years. At a young age, he was involved with his church’s ministry, which planted the seed for his leadership positions today.“As a Fiduciary Advisor, our clients trust us because we have a track record of putting their needs first at all times. My job is to foster a relationship of trust, both legally and ethically. Our expansive industry knowledge, experience during up and down markets, research, and world-class service is what forges our lifelong relationships with our clients. Our tenets of full transparency and a high level of communication are the pillars of trust that we build with our clients and the multitude of financial institutions we work with. Many of our clients have become like family, and we could not be more grateful for them.”Learn more: https://goldlinewealthmanagement.com/Advisory services provided through CoreCap Advisors, LLC. GoldLine Wealth Management and CoreCap Advisors are separate and unaffiliated entities. Securities trades are not accepted through email, voicemail, or fax. Please contact your representative at the number listed above to place any securities trades. This e-mail message and any attachments are solely for the confidential use of the intended recipient. If you are not the intended recipient, notify us immediately by return e-mail and promptly delete this message and any attachments from your computer.Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-jordan-mangaliman-fiduciary-retirement-advisor-founder-of-goldline-wealth-management-discussing-the-transition-into-retirement

Welcome to influential entrepreneurs, bringing you interviews with elite business leaders and experts, sharing tips and strategies for elevating your business to the next level. Here's your host, Mike Saunders. Hello and welcome to this episode of Influential Entrepreneurs. This is Mike Saunders, the authority positioning coach. Today we have with us, Jordan Mungaliman, who's a fiduciary retirement advisor and founder of Goldline Wealth Management. we'll be talking about navigating the daunting transition into retirement. Jordan, welcome to the program. Hey, thanks for having me on today.

You're welcome. I'm excited to talk with you because I love this title, The D daunting Transition, because it's not just a transition into retirement. It can be daunting and you might need to navigate through some hurdles or some turns and twist. So I'm excited to hear your perspectives on that. But before we dive in, give us a little bit of your story and background and how to you get into the industry? Sure, sure.

So I've been in the business in the industry for 15 years now. Been blessed to have a really fulfilling career. Our family, though, has been in the business, serving clients with their finances for over 40 years. So it's a family business. We're blessed to call Orange County our home. We're based out here in Fullerton, California. But our story actually starts back in 2009 when I was a senior at Loyola High School in downtown L.A. And we were your typical family, you know, my dad, BJ, my mom, gang, my sister Dana.

And I remember, you know, he was a choir director and an accountant. He had some chest pains. And we said, you know, we should get that checked. I ended up having stage one cancer. And, you know, totally rocked our world. You know, we were really big in our church service and whatnot. And we were asking God, like, why yes. But they take out the middle of his right lung.

And he's cancer free, free, for four years and everything's fine. Fast forward four years, I'm a senior again in college, getting my bachelor's in finance at UC Riverside, and he gets some leg pain. And we should get that check, we thought it was sciatica, ended up being cancer, metastasizing from his lungs down to his spine

and up into his brain. And completely turned a whole world upside down. And as much as we wanna focus on him getting better, there were so many things flying at us financially. Mortgage payments, car payments, phone bill, order bill utilities, you name it. Those things don't stop. So, unfortunately, my father lost his battle the cancer in 2013 at the young age of 54 and changed my life forever. I made it my life's mission to make sure that everyone that I came in contact with, everyone that I met was prepared for what was ahead, whatever what was ahead, right?

Whether that be taxes, a premature death, investments, estate planning, right? You have to be prepared. Right. And so that's my personal story. I dedicate the business to him. He would have been 67 years old this November. And, you know, I call it a mission. We get to serve clients in his age group today, right? You know, that is so powerful because I think, you know, if you were to check the box, you know, is running a business easy? No. Do I put in a lot of hours? Yes. And so probably in some of the roughest times where you're just running, you know, 10 ways. different directions, you can settle back down and go, hey, I'm doing this for the dads out there. I'm doing this for the families out there to make sure that they are protected. And that is just super, super powerful. That's what actually draws you and pulls you. It doesn't push you and make you feel overwhelmed. You probably feel a little breath of fresh air to go, look, I'm doing this for the greater good. That's awesome. Definitely. Definitely. One family at a time, like we like to say,

there's this old saying that goes, you know, a wise man turns his wounds into wisdom. And And that's what we like to say we're doing. We've been there. We're a first-hand experience. We want to make sure others don't go through the same thing. 100%. Yeah. So let's just kind of dive into this transition into retirement because there's a lot of

things that you could probably do a weekend seminar on this one topic alone. So we're just going to hit it from a 30,000 foot view. Talk a little bit about some of the misconceptions that retirees have because I think that people think, oh, well, I'm going to work until this age. I'm going to retire. I'm going to file for Social Security. and I'm good to go. But there's a lot of things that go into that,

and I know that there's got to be some misconceptions too. Sure, sure, definitely. I think the biggest misconception for retirees transitioning from a paycheck to Social Security and retirement accounts is the misconception that it's going to be easy, right? This is a pretty big event, you know. Their whole 30-year or more career is now culminating into this big transition, and it deserves proper planning, right?

If you think about it for the last 30 years or so, many retirees or longer, have been used to getting a paycheck every two weeks, every week, you know, however you get paid. But when you retire, all that just stops. Yeah. Right. And now you're stuck putting the pieces together of, okay, I got Social Security. That's not enough. How do I draw income from my different sources strategically? Right.

Statistically, only 13% of Americans even have a pension, which is kind of crazy. Right? this country used to be built on pensions, we don't really see them anymore. They're too expensive to administer. So again, now you've got to put the pieces together. And I think by far the most important part of retirement planning is retirement income planning. Because that's how we live our lives. We don't live our lives to say, hey, I got a million bucks in my 401k. We don't live our lives like that. We live our lives on a monthly basis. How much money do I have coming in? What are my expenses? And what do I have left over at the end of the month? Right. And that's where I think

working with a team of professionals, that's where I think working with a retirement advisor specialist becomes really valuable. Yeah, you know, I think that there's even a lot of things that we can dive in deeper about that because it really is not even just that number because that number can change. You know, oh, I need X number of dollars sitting in my retirement account when I get X age so that I can retire. Well, what if inflation hits? What if taxes go up so that number can change? It's about that cash flow. And that's a big, big, big. I would think an aha when you talk to people to go, yeah. You know, I might, you know, like as an example, someone might think, oh, well, you need whatever, $2 million to be able to retire.

But if you do it the right way, maybe you need a lot less because you're positioning it differently to get that cash flow. Talk a little bit about how that cash flow can help provide that peace of mind. Definitely. I think you bring up a great point. There used to be this company that had this commercial. Do you remember a company called ING? They had an orange line. Yeah, I was going to say some little mascot thing, yeah.

Exactly. They used to have this commercial years back, and there were people walking down the street, and then they would have a big number across their forehead. And the commercial read, what's your number? Some people had a million dollars. Some people had $750,000. A guy on the bench had $600,000, right? I'm here to tell you today that that information's wrong.

That's not how you plan for retirement. It's not so much planning for this. I need to have this dollar amount in retirement. You have to prioritize your cash flow and your income. Where the old saying was cash is king, we're now finding what we know to be choose. It's not so much. It's cash flow is king.

How much do you have coming in consistently? Because our cash flow is what dictates our lifestyle. Right? And you raise some great points. Well, I need $5,000 a month today. Okay, cool. Well, is $5,000. a month going to be the same in 10 years? Definitely not, right? We see the effects of inflation in real

time. We've seen spike since 2020. What is it going to look like in 10, 15, 20 years? That $5,000 may not be much. We have to be able to offset that. So that's inflation risk. Another risk is what we call sequence of returns. Well, I'm drawing this income from my investment portfolio. Maybe it's the dividends or maybe you're selling positions out of your stocks or equities. or ETFs, well, what if we slip into a recession, right? What if these next three years are years of losses because we are in an overvalued market? Well, what's the effect on your portfolio if we, you know, slip into two, three, four years

worth of losses that can have a real compounding, damaging effect on your portfolio and can really shorten the life of your overall investments? So is there a better way to invest? Is there a better way to draw income? There are better and more efficient ways, safer ways to draw income in retirement, right? And that's where proper planning becomes very important. Yeah, you know, I think it, I remember it's either a bumper sticker or a book or all of the above. You know, hope is not a strategy, right?

It's like, just let's hope for the best or let's just flip a coin and I'm sure it'll all work out. Well, sometimes it doesn't work out because you didn't do the right thing. And maybe you find out some of the right things you could be doing. do and should be doing, but it's too late because you waited until a certain age and, oh, man, if we could have just done this earlier, we would be in a better position. What are some of those things regarding that reliable income stream that people need to be thinking about well ahead of time so that it positions them in the right way to take advantage of some of those things and not rely on hope as a strategy?

you bring up a great point right Harvard does a study in multiple firms do this study do you know what the number one fear is for retirees they do this study no it's running out of money that fear is actually higher than the fear of death

because we're talking about quality of life right and if you think about it it makes sense as a society as retirees are we living longer and longer or shorter and shorter what would you say might I would say we're living longer because we're having better health care and taking better care of yourself and exercising more, things like that. Exactly. Through advancements in medicine, we're living longer and longer, right?

You know, for a couple age 60 today, at least one of them has a 43% chance of reaching the age of 95. Wow. Right. So what is that telling us that if we have a chance of living a long life, and for some people even reaching triple digits, doesn't it make sense for your portfolio to reflect that? A lot of people are going to say, well, I hope this, my investments or retirement accounts last me for our entire lives,

but we can't live on hope alone. We have to rely on numbers, on data, on the right inputs, so we can make educated and confident decisions about our investments, right? I was reading an article yesterday. Social Security was first administered in 1935. You know what the average lifespan was? Life expectancy in 1935 was? Ooh, I will guess 65.

65 right on the money. Oh, wow. 65 for women. But we're living way past that, right? Now that's the beginning of retirement. And so we're seeing a lot of stress on the Social Security program, right? Like they say by 2030, by 2030, changes have to be made. So I think now is the perfect time for retirees and pretty,

retirees to remain vigilant and to be proactive about to say, hey, I want to be in control of the situation, regardless of what happens up ahead. I have a plan that I can rely on. Right. Well, also, isn't there an aspect too, if we're talking about statistics, and I don't know the exact number here. I know you would. But isn't it true that statistically women live longer than men? Definitely. Definitely. And I don't know the numbers, but I think that sometimes if you're really trying to dial in that plan like you've been talking about. It cannot only be, let's plan for you guys to retire here and you guys to have your money last till there. Because what if the statistic about women living longer than men is actually really accurate, then you need to plan

for having a little bit of money for the wife after the husband dies. Yeah. And granted, it can go both ways. You're right. But I mean, look, my family is that statistic. My father passed to it before my mother did. You know what I mean? And you have to have a contingency plan. You know, in some of our classes, we talk about the taxes that will be faced amongst the widow. We call it a widow's penalty. So from a tax planning perspective, in your marriage and say you're married, you've been filing, married filing jointly for, you know, 30, 40 years. Well, what if you pass away? Now you got your baseline income, Social Security, and RMDs. Well, now your wife, if you pass away first, then they're going to be filing single filing jointly.

Right? So from a tax planning perspective, you have to take care of that and make sense like, well, she's going to pay higher taxes because it may have passed away prematurely. That's one. Yeah. Well, two, income for sure is going to change when one partner passes away, right? So we know Social Security, if one of the partners were to pass away, what happens? Is the surviving spouse get to keep both Social Securities?

Of course not. I don't think so. I think maybe part of one? so they get they have to keep they get to keep the higher of the two they get to keep the higher of the two there's definitely a change in income and if you have a pension sometimes you do a 50%

beneficiary election 100 sometimes zero so things change and you have to be prepared for that now the counter argument is going to say hey well you know we're going to need less income if one partner were to pass away

well is that really true is the mortgage company going to send you a letter give you a call hey, I'm sorry for your loss. We're going to cut your mortgage in half. Is that going to happen? Yeah, yeah. Probably not.

You might save money on a phone bill. Utilities probably won't change. Or food. Food. You know, but you know what? You might find yourself traveling more because you are going to go see the grandkids because you're wanting to be closer to family. Exactly.

You still want that companionship and camaraderie of your family. So those things need to be dialed in and taking care of whether that's making sure retirement plans are structured properly, whether it's reviewing life insurance policies. You know, whether it's estate planning, those have to be on the table when you're planning for yourself and for your partner. So probably if you were to take the main, you know, risks that, you know, like you mentioned quite a few of them or, you know, if someone were to go, oh, tell me what I need to plan for. What are the categories? What are the risks? And then you go out and Google that. You could get, you know, confused up and down, you know, one side of the from the other because you don't know what to do, what to put together. talk a little bit about how someone in your position as an independent fiduciary, what that actually means, where does that serve clients to realize that you've got their best interest at heart?

Perfect. Yeah. Great question. So the term fiduciary gets thrown along a rot. People will see it, but maybe they don't know what it truly means, right? The term fiduciary means that by law and by ethics, we have to keep your needs first. When you have to keep the client's needs first, right? And it's by far one of the most important parts of planning for retirement because you want to work with someone who's experienced, right? Statistically, only 4 to 10% of advisors adhere to a fiduciary standard. And we're proud to say that we do, right? In our business, we're all about relationships.

We're not trying to make a quick book. We're not just trying to get sales in the door. If this is done right, it should be a for-life decision, right? where the average advisor is maybe 55 to 65. That means that during your retirement experience, there's a high chance for likelihood that that person is going to retire. Our office is on the younger side,

and I think it's a competitive advantage. We get to be there for our clients' entire retirement experience. And one of the big reasons why clients do like to hire us from a fiduciary's perspective is we do what's called generational wealth planning, which is to say, well, one day, you know, these assets are going to be passed on to your kids. And we want to make sure that your kids are taking care of these assets.

Right. So they have those same principles that you were working on and operating with, those same values. Yeah. Right. So that's what the approach of a fiduciary is really important is where we have access to essentially all investment types, right? Whether that's stocks, bonds, mutual funds, ETFs, you know, gold, silver ETFs, structured notes, annuities, whatever makes sense for the client's goals, that is the plan will put together for them. Right?

Where I think, you know, some people will attend an event. It's very popular nowadays, an event or a seminar, but maybe the clients, the advisors just trying to sell an annuity or a specific type of product. It's hard, right? You know, or maybe they're under quota. Then you guys start to ask, like, is this advisor's best interest in my best interest or are they looking out for themselves? And those lines start to get blurry, right?

Yeah. You want to get fiduciary advice to say, hey, this is what I'm trying to accomplish, what makes sense for me, right? And the only way to get that handled to do that is to ask good questions, right? I mean, that's, I guess that's one thing that I would like to clarify or bring out. This is not a matter of someone sitting down with you

and you saying here's what we're going to do and they're scratch of the head going, I have no clue what this is. It doesn't even address what I was talking about. You're sitting down with someone going, what's important to you? What does retirement look like to you? And then when you make some recommendations, they are 100% in the best interest of the client because you're forced legally to do that with that fiduciary responsibility. Definitely.

We like to say it's similar to like sitting down with a new doctor, right? Let's say you have a new doctor that you're potentially going to start working with. And you walk into the door. And within the first five minutes that doctor says, hey, you know what? Nice to meet you. Mike, you know, you look like you need some metformin, right? Or you need you look like you need some lepitor. How did you feel if that were the case?

You'd be totally taken back. Yeah, I'd say, you didn't even take my blood pressure. Right. Yeah. You don't even know who I am and you're already making recommendations. You're already prescribing a solution, right? That's kind of tough. Like, you're trying to give me the solution.

that you don't even know anything about me. What should happen is you sit down and the doctor, or in this case, the fiduciary retirement advisor, should ask you all the right questions. What's your background? What are your goals? What are your concerns? Do you have any past experiences with a doctor in the past? What did you like?

What did you not like? That's the experience you should have when sitting down with a potential retirement advisor. If you think about it, this is one of the biggest decisions you'll make in your life. It has to be right. Right. So that's the experiential side. The other side of it would be to do your research. What licenses do they hold, right?

Is it a securities license? Is it, you know, what series license do they hold? Is it a life license? Do they have any reviews? You know, do they have a better business bureau profile? Do they have reviews on Google Yelp? Are there any things I could read from other clients that may be happy or unhappy with their services? what's their online presence like, right?

Is their website? Is there information on there that I could look up, you know? Is it in person or is it on Zoom? How do you want to work with your advisor? Are there any third-party sources that they've contributed to? You know, right? So, like, you know, we're blessed to be published in over 40 articles from Forbes, Yahoo Finance. Our team was recently on Fox News two weeks ago, right?

And we believe it's important to push out valuable content and information and education for people who are about to retire. So all these things culminate into a confident decision. I think there's one thing to be said for chemistry, you know, which is to say, hey, do I like this person? Do I like how they communicate with me? Do I feel? Does it just feel right? Can I tell that they're, you know, really got, there's some, there's a big difference between saying I have your best interest at heart and actually communicating that even non-beats. verbally. Exactly. Exactly. And you'll know, there's chemistry, there's synergy there,

there's alignment and core values. You'll know when someone has the same core values as you, right? Agreed. Well, Jordan, this has been really, really powerful that daunting transition into retirement. You need to have that guidance. You need to have someone that's on your side, making some good recommendations for you to consider and for you to make that decision. So if someone is interested in learning a little bit more about you and your company, what's the best way that they can do that and then also reach out and connect with you? Sure.

So to learn more about a company, they can log onto our website, goldlinewealthmanagement.com. We have some awesome information that we have some tax guides that we push out. And then if you want to learn more and schedule a quick 15 minute call to see if we're a good fit to see,

we can provide solutions for your situation. You can email us at Jordan at Goldline line dash financial.com. Excellent. Well, Jordan, thank you so much for coming on. It's been a real pleasure chatting with you today. Awesome. Thank you so much, Mike.

Take care. God bless. You've been listening to Influential Entrepreneurs with Mike Saunders. To learn more about the resources mentioned on today's show or listen to past episodes, visit www. Influential Entrepreneurs Radio.com.