The Wall Street Sweeper with Russell Hackmann: Recent Episodes
Russell Hackmann
Russell Hackmann and the team at the Wall Street Sweeper bring everything you need to know about retirement and income planning in a fast paced format. Each week, we reveal the latest developments in the financial world to keep you informed of changes that may affect you personally, while sharing some common sense strategies that will help you make the most out of your retirement savings. We are focused on helping investors preserve and grow their assets, increase their income, and reduce taxes.
Russell F. Hackmann, CFA, is the president of Hackmann Wealth Partners. Russell has over 25 years’ experience advising individuals and institutions on wealth and risk management. Prior to founding Hackmann Wealth Partners, Russell served as president of Axio Group and Axio Insurance Services, a New York-based securities and insurance distribution company. In addition, Russell served as Global Head of Variable Annuity Reinsurance at Swiss Re and held various executive positions in the derivatives business of Lehman Brothers, Bank of America, and UBS. Russell earned a bachelor’s degree magna cum laude from the Georgetown University School of Foreign Service, an MBA with high honors from the University of Chicago Graduate School of Business, and also holds the Chartered Financial Analyst (CFA) designation.
Hackmann Wealth Partners offers financial planning, portfolio risk review and asset management, legacy and estate planning, and insurance services throughout the United States.
For more information, visit https://hackmannwealth.com/ or call (617) 299-7676.
Russ Hackmann discusses critical aspects of retirement planning, including longevity risk, healthcare costs, contingency planning, and the impact of AI on markets. Learn how to safeguard your financial future with practical insights and strategies. Hackmann Wealth Senior Vice-President Jack Young joins with a case study.
Boston: 617-674-2000
DMV: 703-997-5500
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with his weekly market update and then discusses the 70/30 or 60/40 stock bond mix and, whether or not it is appropriate in today’s market. He also covers the care cost cliff of long-term care and offers warnings about the sophistication of today’s scams. Hackmann Wealth Senior Vice-President Clare Hare joins with a discussion on the kiddie tax.
Boston: 617-674-2000
DMV: 703-997-5500
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ Hackmann discusses the impact of AI on the stock market, interest rates, and retirement planning. He also covers tax strategies, the effects of “Aunt IRMAA” on Medicare. He also addresses ways to provide solid protection for your assets in volatile times. Hackmann Wealth Senior Vice-President Jack Young joins with a case study.
Boston: 617-674-2000
DMV: 703-997-5500
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ Hackmann discusses the latest market trends, the impact of geopolitical events on investments, and essential retirement planning strategies including Medicare, taxes, and moving decisions. Hackmann Wealth Senior Vice-President Clare Hare joins with information on saving for children and grandchildren.
Boston: 617-674-2000
DMV: 703-997-5500
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
In this episode, Russ Hackmann discusses essential retirement planning strategies, market insights, and how to protect your wealth from common pitfalls. He also offers strategies to help build confidence in retirement spending and covered the negatives of excessive fees and dead money. Hackmann Wealth Senior Vice-President Jack Young joined with a case study.
Boston: 617-674-2000
DMV: 703-997-5500
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with his weekly market update then covers some important things to consider before launching retirement. What will define you? How do you prepare for healthcare costs? How does a good plan build spending confidence? What is IRMAA and how can it affect your costs with Medicare? Russ and Hackmann Senior Vice-President Clare Hare both share a case study.
Boston: 617-674-2000
DMV: 703-997-5500
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ Hackmann discusses the complexities of retirement planning, market volatility, and long-term financial strategies in stressing the importance to plan for longevity. Tune in to learn how to navigate inflation, RMDs, pensions, and more to secure your financial future. Hackmann Wealth Senior Vice-President Jack Young joins with a case study.
Boston: 617-674-2000
DMV: 703-997-5500
See omnystudio.com/listener for privacy information.
Russ Hackmann discusses the latest market trends, investment strategies, and retirement planning tips. He covers topics like IPOs, market volatility, tax-efficient charitable giving, and managing concentrated stock positions, providing valuable insights for investors preparing for retirement. Hackmann Wealth Senior Vice-President Clare Hare joins with a case study.
Boston: 617-674-2000
DMV: 703-997-5500
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ talks about the importance of contingency planning in retirement highlighting two scenarios: forced early retirement and losing a spouse. He also covers the market activity with a discussion on wobbling markets and the threat of higher inflation. Hackmann Wealth Senior Vice-President Jack Young joins with a case study he calls “the disagreement.” He talks about building retirement compromise with a couple.
Boston: 617-674-2000
DMV: 703-997-5500
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
In this episode, Russ Hackmann discusses market trends, the impact of AI on finance, retirement planning strategies, and how to protect against scams. He offers insights on managing gains, creating a retirement paycheck, and dealing with adult children’s financial needs. Hackmann Wealth Senior Vice-President Clare Hare joins with a discussion on Roth contributions and Roth conversions.
Boston: 617-674-2000
DMV: 703-997-5500
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
In this episode, Russ Hackmann discusses current market trends, the impact of possible Fed hikes, AI advancements, estate planning, and social security strategies. Hackmann Wealth Senior Vice-President Jack Young joins with a case study. Gain expert insights to navigate volatile markets and secure your financial future.
Boston: 617-674-2000
DMV: 703-997-5500
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with his weekly market update and then moves into the importance of spotting dangers in this bull market. He also covers building confidence in your financial and retirement plan and proper income laddering in retirement. Hackmann Wealth Senior Vice-President Clare Hare joins with a case study.
Boston: 617-674-2000
DMV: 703-997-5500
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
In this episode of Wall Street Sweeper, host Russ Hackmann discusses the recent market rally, inflation concerns, and the warnings from contrarian investor Michael Burry about a potential market top. The show offers insights into portfolio spring cleaning, risk management, and tax strategies for retirees. Hackmann Senior Vice-President Jack Young joins with a case study.
Reach Hackmann Wealth Partners at:
Boston: 617-674-2000
DMV: 703-997-5500
See omnystudio.com/listener for privacy information.
Russ opens with his weekly market update then covers some important things to consider before launching retirement. What will define you? How do you prepare for healthcare costs? How does a good plan build spending confidence? What is IRMAA and how can it affect your costs with Medicare? Russ and Hackmann Senior Vice-President Clare Hare both share a case study.
Reach Hackmann Wealth Partners at:
Boston: 617-674-2000
DMV: 703-997-5500
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ discusses market rebounds, inflation risks, and strategies for retirement planning amid economic uncertainties. Learn how to protect your portfolio, navigate un-retirement, and optimize your financial future. Russ also talks about “unretirement” and developing proper planning to avoid being forced by into the workforce. Hackmann Wealth Senior Vice-President Jack Young joins with a case study.
Reach Hackmann Wealth Partners at:
Boston: 617-674-2000
DMV: 703-997-5500
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
In addition to his opening market update, Russ discusses why a Roth account could be a better way to leave money to your family, talks about establishing a “forever income plan”, and addresses retirement related questions and concerns. Hackmann Senior Vice-President Clare Hare joins with a case study.
Reach Hackmann Wealth Partners at:
Boston: 617-674-2000
DMV: 703-997-5500
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ centers on helping listeners protect their IRAs from unnecessary risk, close the gap between retirement income and retirement spending needs, and think more carefully about market volatility, taxes, and long-term financial security. Hackmann Wealth Senior Vice-President Jack Young joins with a case study.
Reach Hackmann Wealth Partners at:
Boston: 617-674-2000
DMV: 703-997-5500
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
In this episode, Russ Hackmann discusses the current market challenges, the limitations of traditional bonds, and how to build a resilient financial plan from scratch. He emphasizes the importance of a solid foundation, tax planning, and income strategies to navigate volatile markets. Russ takes some time to answer retirement and financial related questions and Hackmann Wealth Senior Vice-President Jack Young joins with a case study.
Reach Hackmann Wealth Partners at:
Boston: 617-674-2000
DMV: 703-997-5500
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
In this episode, Russ Hackman discusses the current market landscape, the impact of geopolitical events, prediction markets, and strategies for retirement planning amid volatility. Gain insights into how to navigate risks, optimize income, and stay prepared for future economic shifts. Hackmann Wealth Partners Senior Vice-President Clare Hare joins with a case study.
Reach Hackmann Wealth Partners at:
Boston: 617-674-2000
DMV: 703-997-5500
Hartford: 860-321-6800
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
In this episode, Russ Hackmann discusses the current market volatility, geopolitical risks, and the importance of strategic asset allocation and estate planning. He emphasizes the value of second opinions and proactive financial strategies to navigate uncertain times. Hackmann Wealth Senior Vice-President Jack Young joins with a case study.
Reach Hackmann Wealth Partners at:
Boston: 617-674-2000
DMV: 703-997-5500
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
In today’s unpredictable financial landscape, investors face numerous challenges. With the ongoing tensions in Iran affecting oil prices and market stability, many are left wondering how to protect their investments. In this podcast, we’ll explore key insights from Russ Hackmann, President of Hackmann Wealth Partners, host of The Wall Street Sweeper, and author of "Wall Street Is Not Your Friend." Discover actionable strategies to navigate this volatility and safeguard your financial future. Hackmann Wealth Senior Vice-President Clare Hare also joins with a case study.
Reach Hackmann Wealth Partners at:
Boston: 617-674-2000
DMV: 703-997-5500
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
In this episode of the Wall Street Sweeper, Russ Hackmann discusses the current market volatility and the implications of AI on various sectors. He emphasizes the importance of long-term planning for retirement, especially in light of rising inflation and tax considerations. The conversation also includes real-life case studies that highlight the diverse financial challenges faced by individuals and the personalized strategies that can be employed to navigate these issues effectively. Hackmann Senior Vice-President Jack Young also joins with his own case study.
Reach Hackmann Wealth Partners at:
Boston: 617-674-2000
DMV: 703-997-5500
Hartford: 860-321-6800
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, Russ Hackmann discusses the increasing market volatility and its implications for investors. He emphasizes the importance of principal protected growth assets as a strategy for stability in uncertain times. The conversation also covers the need for emergency planning for caregivers, the potential economic disruptions caused by AI adoption, and proactive tax planning strategies to minimize long-term liabilities. Finally, Russ highlights the necessity of navigating the post-easy money landscape with caution and foresight. Hackmann Wealth Senior Vice-President Jack Young also joins with a case study.
Reach Hackmann Wealth Partners at:
Boston: 617-674-2000
DMV: 703-997-5500
Hartford: 860-321-6800
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode, Russ Hackmann discusses the current state of the markets, focusing on the volatility caused by the AI scare trade and the performance of various sectors. He emphasizes the importance of risk management and holding onto gains, especially for retirement planning. The conversation also covers the impact of technology on market performance, the significance of estate planning, and strategies for generating better returns on cash. Additionally, Hackman highlights the benefits of living in states with no income tax and the need for comprehensive financial planning in light of increasing longevity. Hackmann Wealth Senior Vice-President Jack Young also joins the podcast with a case study.
Reach Hackmann Wealth Partners at:
Boston: 617-674-2000
DMV: 703-997-5500
Hartford: 860-321-6800
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ discusses various aspects of financial planning, including the current market trends, the impact of a new Fed chair, and the importance of having a solid retirement plan. He emphasizes the disconnect between retirement math and reality, the significance of tax planning, and the benefits of principal protected growth investments. The discussion also touches on personal anecdotes and the challenges of balancing work and personal life. Hackmann Wealth Senior Vice-President Jack Young joins the podcast and America’s Wealth Coach Pete D’Arruda joins for a segment.
Reach Hackmann Wealth Partners at:
Boston: 617-674-2000
DMV: 703-997-5500
Hartford: 860-321-6800
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, Russ Hackmann discusses various financial topics including market trends, the challenges facing the tech sector, the risks associated with private credit investments, and the importance of behavioral finance in investment decisions. He also addresses the rising costs of healthcare and the implications of tax planning for retirees. The conversation emphasizes the need for a comprehensive financial strategy that accounts for market volatility, emotional investing, and unexpected expenses. America’s Wealth Coach Pete D’Arruda joins the podcast and Hackmann Wealth Senior Vice-President Jack Young offers a case study.
Reach Hackmann Wealth Partners at:
Boston: 617-674-2000
DMV: 703-997-5500
Hartford: 860-321-6800
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, Russ Hackmann discusses various financial topics including market trends, the challenges facing the tech sector, the risks associated with private credit investments, and the importance of behavioral finance in investment decisions. He also addresses the rising costs of healthcare and the implications of tax planning for retirees. The conversation emphasizes the need for a comprehensive financial strategy that accounts for market volatility, emotional investing, and unexpected expenses. America’s Wealth Coach Pete D’Arruda joins the podcast and Hackmann Wealth Senior Vice-President Jack Young offers a case study.
Reach Hackmann Wealth at:
Boston: 617-674-2000
DMV: 703-997-5500
Hartford: 860-321-6800
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, Russ Hackman discusses the current market turbulence, focusing on the geopolitical factors affecting the markets, particularly the performance of the Magnificent Seven stocks. He emphasizes the importance of financial planning, especially in light of potential risks associated with single stock concentration and the need for couples to be involved in their financial decisions. The conversation also covers Roth strategies for 2026 and the significance of addressing retirement risks. Hackmann encourages listeners to seek a second opinion on their financial plans to ensure they are well-prepared for future market fluctuations. Hackmann Wealth Senior Vice-President Clare Hare joins with a case study. The podcast also features special guest America's Wealth Coach Pete D'Arruda.
Reach Hackmann Wealth Partners at:
617-674-2000
703-997-5500
860-321-6800
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, Russ Hackmann discusses the current state of the markets, the impact of geopolitical events, inflation trends, and essential estate planning strategies. He emphasizes the importance of being a smarter investor in light of recent economic predictions and offers insights into gifting strategies and the benefits of Roth accounts. Hackmann Wealth Senior Vice-President Jack Young joins with a case study he calls the million dollar blind spot. The episode concludes with a focus on the mission of Hackman Wealth Partners to serve clients as trusted financial partners.
Reach Hackmann Wealth Partners at:
Boston: 617-674-2000
DMV: 703-997-5500
Hartford: 860-321-6800
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ Hackmann discusses the recent underperformance of the Magnificent Seven stocks compared to the broader market, the implications of fluctuating oil prices, and strategies for achieving tax-free income in retirement. He emphasizes the importance of having a comprehensive retirement plan that addresses potential risks and the difference between merely having a portfolio and a well-structured financial plan. Additionally, he shares insights on the joy of doing nothing in retirement and the significance of maintaining friendships as one ages. Looking ahead, he provides a market outlook for 2026, highlighting the need for careful planning in an ever-changing economic landscape. Hackmann Wealth Senior Vice-President Clare Hare joins with a case study.
Reach Hackmann Wealth Partners at:
617-674-2000: Boston
703-997-5500: DMN
860-321-6800: Hartford
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ discusses the current state of the market, investment strategies for 2026, and the implications of Vanguard's recent shift in investment recommendations. He emphasizes the importance of understanding life insurance, the risks associated with private credit, and the need for crisis-proofing retirement strategies. The conversation also highlights the significance of preparing for unexpected events and the ongoing risks of inflation. Hackmann Wealth Senior Vice-President Clare Hare joins with a case study.
Reach Hackman Wealth Partners at:
Boston: 617-674-2000
DMV: 703-997-5500
Hartford: 860-321-6800
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, Russ Hackmann discusses the current state of the markets, the importance of having a solid retirement plan, and the potential impacts of the upcoming midterm elections on economic trends. He emphasizes the need for a written plan to navigate the big six retirement risks, including market volatility, inflation, and longevity. The conversation also touches on strategies for successful retirement planning and the role of financial advisors in helping individuals secure their financial futures. Hackmann Wealth Senior Vice-President Jack Young joins with a case study.
Reach Hackmann Wealth Partners at:
Boston: 617-674-2000
DMV: 703-997-5500
Hartford: 860-321-6800
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this conversation, Russ Hackmann discusses the current state of the stock market, drawing parallels between the AI bubble and the dot-com bubble of the late 1990s. He emphasizes the importance of understanding AI's implications for financial planning and the potential risks and opportunities it presents. The discussion also covers market predictions for 2026, inflation concerns, and the evolving role of technology in investment strategies. Hackmann Wealth Senior Vice-President Jack Young joins with a case study.
Reach Hackmann Wealth Partners at:
Boston: 617-674-2000
DMV: 703-997-5500
Hartford: 860-321-6800
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ Hackmann discusses the various financial concerns retirees face, including market trends, common mistakes in retirement planning, the importance of budgeting, tax planning, and the implications of lifestyle creep. He also delves into the pros and cons of annuities, common traps to avoid, and the significance of social security and RMD timing. Looking ahead to 2026, Russ emphasizes the need for a solid financial plan to navigate the evolving economic landscape. Hackmann Wealth Senior Vice-President joins with a case study.
Reach Hackmann Wealth Partners at:
Boston: 617-674-2000
DMV: 703-997-5500
Hartford: 860-321-6800
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, Russ Hackmann discusses essential investment strategies for retirement, focusing on the importance of continuing to invest even after retiring. He provides insights into market updates, risk tolerance, and the significance of withdrawal strategies. The conversation also highlights the evolving role of bonds in investment portfolios, especially in the context of AI's impact on the market. Listeners are encouraged to freshen up their financial plans and consider year-end strategies to optimize their investments and tax situations. The podcast also features another appearance by Coach Pete D’Arruda, America’s Wealth Coach and a case study from Hackmann Wealth Senior Vice-President Clare Hare.
Reach Hackmann Wealth Partners:
Boston: 617-674-2000
DMV: 703-997-5500
Hartford: 860-321-6800
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, Russ Hackmann discusses the current state of the markets, the impact of inflation, and the importance of having a solid financial plan. He emphasizes the need for investors to be aware of market volatility and to consider new investment classes that offer downside protection. The conversation also highlights the significance of client relationships and the emotional aspects of financial planning, particularly in light of recent economic challenges. The podcast also features another appearance by best-selling author Coach Pete D’Arruda and a case study from Hackmann Wealth Senior Vice-President Jack Young.
Reach Hackmann Wealth Partners:
Boston: 617-674-2000
DMV: 703-997-5500
Hartford: 860-321-6800
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ delves into the current state of the markets, highlighting concerning trends and potential risks. He discusses the concentration of technology within the S&P 500 and draw parallels to historical market peaks, emphasizing the need for vigilance in economic observations. Russ also reminds us of year end strategies to consider. Hackmann Wealth Senior Vice-President Jack Young offers a case study which really exhibits the value of getting a second opinion and best-selling author Coach Pete D’Arruda joins with a discussion on estate planning.
Reach Hackmann Wealth Partners:
Boston: 617-674-2000
DMV: 703-997-5500
Hartford: 860-321-6800
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ delves into the critical aspects of retirement planning, emphasizing the necessity of addressing the major risks associated with retirement. Russ covers the strategies to implement and the ones to avoid in multiple streams of retirement income and good moves for those who started a little late in saving for retirement. Best-selling author Coach Pete D’Arruda joins Russ for part of the podcast and Hackmann Wealth Senior Vice-President Clare Hare offers a case study.
Reach Hackmann Wealth Partners at:
617-674-2000: Boston
703-997-5500: DMV
860-321-6800: Hartford
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ discusses the current market trends, particularly the surge in AI and tech stocks, and emphasizes the importance of planning for retirement in light of increasing longevity and inflation. He highlights the need for a comprehensive financial strategy that addresses personal challenges such as divorce and health issues, while also preparing for potential market volatility driven by AI advancements. The discussion underscores the necessity of having a financial advisor who understands the client's unique situation and can provide tailored advice for a secure financial future. Hackmann Wealth Senior Vice-President Jack Young joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000 in the Boston area.
703-997-5500 in the DMV.
860-321-6800 in Hartford.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, Russ Hackmann discusses the complexities of transitioning from asset accumulation to decumulation in retirement. He highlights the increasing risks of fraud and identity theft, especially in the context of financial planning. The conversation delves into the key risks associated with the decumulation phase, including longevity and inflation risks, and emphasizes the importance of having a structured withdrawal strategy. Listener case studies illustrate real-life eureka moments in financial planning, showcasing the value of personalized advice. The episode concludes with final tips for ensuring a successful decumulation strategy, reinforcing that retirement planning is not just about numbers but about individual goals and needs. Hackmann Wealth Senior Vice-President Clare Hare also joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ opens the podcast with his weekly market update and then moves into the other topics including Jamie Dimon’s prediction on the economy, Secure Act 2.0 changes that begin in 2026 with some changes to catch up contributions, and tax changes that are coming in 2026. Hackmann Senior Vice-President Jack Young joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode, Russ Hackman discusses the importance of retirement planning, focusing on the emotional and financial baggage individuals carry into retirement. He highlights the current market trends, the potential tech bubble, and the necessity of consolidating financial accounts for better management. The conversation also touches on the significance of planning for future financial risks and the upcoming year 2026, emphasizing the need for proactive tax planning and risk assessment. America’s Wealth, Income, and Retirement Coach Pete D’Arruda joins with a discussion on volatility and the financial media. Hackmann Wealth Senior Vice-President Clare Hare shares some questions on Social Security she received at a recent women’s financial seminar.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of the Wall Street Sweeper, Russ Hackmann discusses the current state of the markets, emphasizing the importance of vigilance amidst high valuations and economic signals. He explores retirement planning through the metaphor of packing for a journey, addressing the emotional and financial aspects of transitioning into retirement. The conversation also covers risk management strategies, the significance of the Tuesday Test and Porch Light Principle in retirement planning, and the essential components of a complete retirement plan. America’s Wealth, Income, and Retirement Coach Pete D’Arruda joins in and Hackmann Wealth Senior Vice-President Jack Young offers a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, Russ Hackmann discusses the current state of the market, particularly focusing on the AI bubble and its parallels to the dot-com era. He emphasizes the importance of understanding market trends, the risks associated with investments, and the necessity of having a solid retirement plan. The conversation also delves into tax strategies that can help retirees avoid the 'tax trap' and ensure a sustainable income during retirement. Best selling author Coach Pete D’Arruda joins the show and Hackmann Wealth Senior Vice-President Clare Hare offers a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of the Wall Street Sweeper, host Russ Hackmann discusses the current state of interest rates and markets, providing insights into retirement planning amidst volatility. He emphasizes the importance of understanding tax implications for retirement savings and shares case studies illustrating effective tax strategies. The conversation also explores the role of AI in finance, highlighting its potential impact on investment strategies and market dynamics. America’s Wealth Coach Pete D’Arruda joins to interview Russ about his book and Hackmann Wealth Senior Vice-President Jack Young offers a case study. Finally, Russ addresses the opportunities and risks that lie ahead for investors, encouraging listeners to seek professional advice for their financial planning needs.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode, Russ Hackmann discusses the current market trends, the implications of potential rate cuts, and the importance of understanding market behavior and speculation risks. He emphasizes the role of AI in finance and how it can impact retirement planning. The conversation also includes listener stories that highlight the significance of personalized financial planning and the need to prepare for year-end financial goals. America’s Wealth, Income, and Retirement Coach Pete D’Arruda joins the conversation and Hackmann Wealth Senior Vice-President Clare Hare talks about Qualified Charitable Distributions.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of the Wall Street Sweeper, Russ Hackmann discusses the historical trends of market volatility in September, the implications of tech stock concentration, and the importance of planning for retirement amidst these challenges. He also addresses listener questions regarding Roth conversions and emotional well-being in retirement, shares real-life case studies of financial planning, and offers insights into market predictions and strategies for the future. Best selling author Coach Pete D’Arruda joins the podcast and Hackmann Wealth Senior Vice-President Clare Hare shares a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of the Wall Street Sweeper, Russ Hackmann discusses the current state of the markets, the impact of interest rates and inflation on savings, and the importance of transitioning from a saver to a steward in retirement planning. He highlights the volatility predicted for the fall season and the concentration of gains in a few tech stocks. The conversation also delves into retirement strategies, the myths surrounding bonds and diversification, and the need for a comprehensive financial plan. Russ interviews America’s Wealth Coach and best-selling author Coach Pete D’Arruda on his new book Tax Savvy Retirement and Hackmann Wealth Senior Vice-President Clare Hare joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ discusses the current state of the markets, emphasizing the importance of protecting gains during volatile times. He introduces the concept of the Goldilocks scenario, where economic data is neither too hot nor too cold, and explores strategies for wealth preservation and retirement planning. The discussion includes listener stories that illustrate real-life applications of financial strategies, the significance of estate planning, and the potential impact of market volatility on retirement savings. Russ also highlights the importance of keeping gains and offers insights into navigating retirement with more money, while addressing the challenges that come with it. America’s Wealth Coach and best-selling author Coach Pete joins in and Hackmann Wealth Senior Vice-President Jack Young offers a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, Russ Hackmann discusses how to capitalize on the current market upswing while being mindful of potential risks. He emphasizes the importance of tax strategies in retirement and explores the benefits of upgrading old annuities in light of rising interest rates. The conversation also includes listener stories that highlight practical financial insights and the need for a clear understanding of one's financial situation. Hackmann Wealth Senior Vice-President Jack Young offers a “feel good” case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ Hackmann discusses the current state of the markets and the importance of tax planning for retirement. He emphasizes the need for professional financial guidance and explores the complexities of managing investments, particularly in relation to bonds and market volatility. The discussion also highlights successful client stories and the significance of adapting financial strategies to changing economic conditions. Coach Pete D’Arruda and Phil Graham join in as well as Hackmann Senior Vice-President Clare Hare with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackamnnwealth.com
See omnystudio.com/listener for privacy information.
Russ opens with his market update and then moves into his question of the week on the 401(k) and the key components of a complete retirement plan. He also covers inflation and offers good information on doing your due diligence when dealing with someone who claims to be a fiduciary. Russ is joined again by Coach Pete D’Arruda and Phil Graham in an in depth financial discussion and Hackmann Wealth Senior Vice-President Jack Young offers a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, host Russ Hackmann is joined by special guests Coach Pete D’Arruda and Phil Graham and a discussion of Russ’ book “Wall Street is not Your Friend.” Russ also provides an overview of current market conditions, emphasizing the importance of financial planning and the need for a solid retirement strategy. The conversation also includes trivia questions aimed at enhancing investment knowledge among listeners, as well as insights into mixed economic signals that could impact retirement planning. Hackman highlights the significance of understanding income streams and the necessity of having a comprehensive financial plan to navigate potential economic challenges. Hackmann Wealth Senior Vice-President Clare Hare also joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, Russ Hackmann discusses the current state of the markets, the impact of tariffs, and the importance of financial planning for retirement. He emphasizes the need for a written plan to address the big six retirement risks and shares insights on tax planning, including the benefits of Roth conversions. The episode also features a case study demonstrating how a couple improved their financial strategy by addressing inefficiencies in their portfolio. Hackmann Senior Vice-President also joins with an additional case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of the Wall Street Sweeper, Russ Hackmann discusses various aspects of financial planning, market trends, and the importance of fiduciary responsibility. The conversation begins a detailed analysis of current market conditions and investment strategies. Russ emphasizes the significance of being financially prepared for retirement, addressing common misconceptions about fees and fiduciary duties. Hackmann Wealth Senior Vice-President Clare Hare joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode, Russ Hackman discusses the current state of the markets, the importance of retirement planning, and the implications of AI on various industries. He emphasizes the need for a second opinion on financial health and shares insights on market trends, including the impact of geopolitical events. The conversation also delves into the potential risks and benefits of AI, particularly in the context of self-driving technology and its effect on job markets. Russ also explains the concept of 'forever money', and the importance of risk management in current market conditions. He emphasizes the need for strategic planning to navigate the complexities of retirement and investment, highlighting the significance of having a trusted financial partner. Hackman Wealth Senior Vice-President Jack Young joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of the Wall Street Sweeper, host Russ Hackmann discusses various financial topics including market trends, fiduciary responsibilities, tax planning, and strategies for retirement savings. The conversation emphasizes the importance of understanding fiduciary roles, the impact of taxes on retirement, and practical steps for listeners to enhance their financial health. Russ discusses the implications of the national debt and deficit on the economy, emphasizing the importance of understanding these concepts for financial planning. He highlights the risks associated with bonds in the current market and explains the role of annuities as a potential safe investment. Hackmann Wealth Senior Vice-President Clare Hare joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, Russ Hackmann discusses various financial topics, including tax-saving strategies, the importance of financial checkups, and insights into inflation and interest rates. Russ also covers various aspects of financial planning, focusing on the importance of having a comprehensive financial plan that includes a tax reduction strategy and a 'forever plan' to ensure income security in retirement. Russ delves into the differences between mutual funds and ETFs, the significance of understanding market trends, and the necessity of preparing for potential economic fluctuations. Hackmann Wealth Senior Vice-President Jack Young joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, Russ Hackmann discusses various financial topics, including the current state of the markets and the importance of regular financial checkups. He also shares insights from Suze Orman on the true purpose of money, emphasizing freedom and options over mere accumulation of wealth. Russ covers the intricacies of financial security in retirement, emphasizing the importance of cash flow and income planning. Hackmann Wealth Senior Vice-President Clare Hare discusses the use of equities as a means of diversification.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, Russ Hackmann discusses the importance of having a solid financial plan, particularly as it relates to retirement income and market trends. He emphasizes the need for a financial checkup, the pitfalls of a 'paint by numbers' financial plan, and strategies for managing taxes on retirement income. Additionally, he addresses the rising costs of long-term care and the importance of planning for these expenses. Hackmann Wealth Senior Vice-President Jack Young shares a case study on target date funds.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, Russ Hackmann discusses the importance of retirement income, the impact of AI on investment decisions, and insights into longevity and its implications for financial planning. The conversation covers market updates, economic insights, and the necessity of regular financial checkups, emphasizing the need for personalized financial strategies in a volatile market. He emphasizes the need for financial resilience and preparedness for future economic downturns, while also reflecting on the significance of Memorial Day. Hackmann Wealth Senior Vice-President Clare Hare discusses what to do with the cash in your portfolio.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ addresses the recent fluctuations in the stock market, emphasizing the importance of immunizing retirement portfolios against downturns. He highlights the need for comprehensive financial checkups and tax planning strategies to navigate the current economic landscape. The conversation also touches on the opportunities presented by the market's recovery and the significance of managing tax liabilities effectively. In this conversation, Russ Hackman discusses various financial strategies, focusing on tax reduction for business owners, the importance of financial checkups, and understanding market volatility. Hackmann Wealth Senior Vice-President Jack Young warns of financial fraud that exists.
Reach Russ at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ Hackmann delves into significant economic trends and the importance of retirement planning. He explores the current market volatility, the implications of economic contraction, and the necessity for a resilient retirement strategy amidst uncertainty. Russ discusses the importance of retirement resilience and how individuals can ensure their financial security regardless of market conditions. He contrasts traditional financial planning with a more holistic approach that considers health, happiness, and purpose alongside financial assets. Hackmann Wealth Senior Vice-President Clare Hare also joins with a caution against solely relying on past experience to plan your future financial life.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ covers the current economic landscape, highlighting the slowing economy, market volatility, and rising inflation. The conversation also delves into fiduciary responsibilities, revealing common misconceptions about fiduciaries and the potential conflicts of interest that can arise. Russ also challenges the traditional notion of diversification, arguing that many common strategies may not be effective in today's market. Hackmann Wealth Senior Vice-President Jack Young also joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, Russ Hackmann discusses the current volatility in the market, emphasizing the importance of understanding financial planning amidst uncertainty. He highlights the role of financial advisors in helping clients navigate turbulent times and addresses the emerging influence of AI in investment decisions. The conversation also delves into the true nature of Wall Street and the need for investors to be aware of high-fee investments that may not serve their best interests. Hackmann Wealth Senior Vice-President Clare Hare shares questions people have about their life insurance and what they could or should do with it.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ Hackmann discusses the current state of the economy and markets, emphasizing the impact of tariffs, market volatility, and the importance of strategic retirement planning. He highlights the need for investors to be prepared for potential economic downturns and offers insights into tax strategies for business owners. The discussion also covers long-term investment strategies and the significance of maintaining a balanced portfolio during uncertain times. Russ then delves into tax strategies for high earners, highlighting the importance of effective planning to minimize tax burdens. Hackmann Wealth Senior Vice-President Clare Hare shares stories of people wondering what they should do with their 401(k).
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of the Wall Street Sweeper, Russ Hackmann discusses the current state of the market, highlighting the significant downturn caused by broad tariffs and the potential for a recession. He emphasizes the importance of having strategies in place to protect investments and navigate the volatile economic landscape. The conversation also revisits core financial principles that can help individuals maintain stability in their portfolios during uncertain times, particularly in light of recent tariff impacts on the economy. Hackmann Wealth Vice-President Jack Young explains the meaning of a true financial fiduciary.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ discusses the current state of the markets, the impact of tariffs, and the importance of having a solid financial plan. He emphasizes the need for safe assets, cash flow management, and the significance of being proactive in retirement planning, especially in volatile economic conditions. The conversation also touches on the release of Russ's new book, 'Wall Street is Not Your Friend', and how it relates to the current financial landscape. Hackmann Wealth Senior Vice-President joins with a case study which also focuses on cash flow management strategies.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of the Wall Street Sweeper, Russ Hackmann discusses the current economic climate, highlighting a significant drop in consumer confidence and the Federal Reserve's adjustments to growth and inflation estimates. He shares information on a recent Market Watch article that referred to his upcoming book, 'Wall Street is Not Your Friend.' The conversation shifts to the performance of technology stocks, particularly the so-called 'Magnificent Seven,' and the implications for investors. Russ also delves into tax strategies, specifically Roth conversions, as a means to manage retirement funds effectively. Hackmann Wealth Senior Vice-President joins with a conversation on gold.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, Russ Hackmann discusses the current state of the markets, highlighting the significant volatility and the impact of tariffs and economic policies. He emphasizes the importance of protecting past gains and offers insights into investment strategies, including the roles of gold and cryptocurrency in a portfolio. The conversation also touches on the challenges posed by uncertainty in the market and the need for careful financial planning, especially for those nearing retirement. Russ also discusses the importance of estate planning, the strategies for wealth transfer, and the necessity of having a solid financial plan as one approaches retirement. He emphasizes the staggering amount of wealth expected to transfer between generations by 2030 and the common pitfalls individuals face in estate planning. Hackmann Wealth Senior Vice-President Jack Young joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In Russ' effort to keep us informed on economic news and what it means to us, he steps back for the majority of this podcast to take a broad view. He also discusses Social Security and the challenges faced by the trust fund in 2034. The conversation shifts to Russ' take on a Wall Street Journal article which asks the question: "Why is Warren Buffet hoarding so much cash?" Hackmann Wealth Senior Vice-President Jack Young also joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, host Russ Hackman discusses the current market trends, the impact of tariffs on the economy, and strategies for retirement planning. With market turbulence erasing gains since the election, Hackman emphasizes the importance of defensive strategies for investors. He also explores the implications of tariffs on inflation and the economy, while providing insights into building a solid financial plan akin to constructing a protective wall around one's retirement. Hackmann Wealth Senior Vice-President Clare Hare joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ discusses various financial topics including market performance, retirement planning, and the implications of inflation. He highlights the current state of the markets, and the importance of tax planning. Additionally, Russ explores classic money sayings and their relevance in today's financial landscape, emphasizing the need for strategic financial planning to navigate potential economic challenges. Hackmann Wealth Senior Vice-President Clare Hare offers a case study on Social Security disability.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ discusses the impact of tariffs on the economy. He delves into inflation trends, the importance of estate planning, and answer listener questions about financial strategies. The conversation highlights the significance of asset allocation in retirement planning and the challenges faced by federal workers in the current economic climate. Russ also offers his weekly market update and Hackmann Wealth Senior Vice-President Clare Hares offers a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ Hackman discusses the current market trends, focusing on the impact of Chinese AI on technology stocks, particularly Nvidia. He emphasizes the importance of diversification in investment strategies and explores the link between financial health and overall well-being. Russ emphasizes the importance of long-term planning in investing and provide insights into market predictions based on January's performance. Hackmann Wealth Partners Senior Vice-President Clare Hare joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ Hackman discusses the market's reaction to the first week of the Trump presidency, exploring economic indicators, investment strategies, and the implications of federal workforce changes. The conversation emphasizes the importance of balancing risk and growth in investment portfolios, while also reflecting on timeless financial wisdom through historical quotes. Russ and Hackmann Wealth Partners Senior Vice-President Jack Young offer case studies.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ Hackmann discusses the current state of the stock market, highlighting a weak start to 2025 with rising interest rates and mixed sector performances. He emphasizes the importance of proactive portfolio management and risk assessment as we navigate potential economic challenges. The conversation also draws parallels between financial fitness and physical health, advocating for diversified investment strategies and stress testing financial plans to ensure long-term stability and growth. Hackmann Wealth Partners Senior Vice-President Clare Hare also joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ Hackmann discusses the current state of the stock market, the impact of rising interest rates, and strategies for maintaining financial gains. He emphasizes the importance of having a solid financial plan rather than just a portfolio, especially in uncertain economic times. The conversation also touches on setting financial goals for the new year and draws lessons from Al Pacino's financial misadventures, highlighting the risks of not being actively involved in one's financial management. Hackmann Wealth Partners Senior Vice-President Clare Hare also joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ Hackman discusses the financial outlook for 2025, reflecting on the previous year's market performance and the implications of technology, tariffs, and political changes. He emphasizes the importance of being prepared for potential market shifts and the need for financial resolutions as we enter a new year. Russ covers various financial themes, focusing on job security, market risks, and the importance of financial resolutions for 2025. He emphasizes the need for estate and tax planning, identifying common portfolio mistakes, and learning from past financial errors. Hackmann Wealth Senior Vice-President Jack Young also joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ opens with market trends and predictions for 2025. He reflects on the year-end performance of various markets, highlighting the significant rise in tech stocks and the challenges faced by international stocks and bonds. Russ shares insights from his year-end letter to clients, emphasizing the importance of risk control and asset allocation. The discussion also touches on the potential economic challenges ahead, including inflation and government spending, and concludes with a focus on core investing principles that can lead to financial freedom. Hackmann Wealth Partners Senior Vice-President Clare Hare also joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, Russ Hackman discusses the ongoing market trends following the November rally, the potential impact of tariffs on the economy, and the significance of the Santa Claus rally. He also delves into tax policy implications under the incoming administration, the future of corporate tax rates, and the persistent threat of inflation. The conversation emphasizes the importance of strategic tax management for retirement planning and encourages listeners to seek professional advice for their financial portfolios. Hackmann Wealth Partners Senior Vice-President Clare Hare joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ continues his look at the current state of the markets in light of the future Trump administration policies, the importance of Roth conversions for retirement planning, and the challenges of financial planning in the context of increasing longevity. He emphasizes the need for a comprehensive financial plan that includes tax strategies to ensure financial security in retirement. Russ also uses case studies to show how he and the team at Hackmann Wealth Partners uncover red flags and portfolio weaknesses for those who first meet with them. Hackmann Wealth Vice-President Jack Young also joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ Hackmann discusses the recent surge in market performance following the election, analyzing the implications of political changes on investment strategies. He emphasizes the importance of managing gains and explores the contrasting roles of traditional investments like gold and modern assets like cryptocurrency. The discussion also touches on global market reactions and the potential for economic shifts as new policies are implemented. Russ also introduces new investment products focused on principal protection and shares his outlook on the market, including the possibility of a Santa Claus rally. Hackmann Wealth Senior Vice-President Clare Hare joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ discusses the implications of the recent election results on the financial markets, economic sectors, and geopolitical landscape. He highlights the strong market reactions post-election, the performance of various sectors, and the potential changes in tax policies. The conversation also delves into the impact on local economies and investment strategies in light of the changing political climate. Hackmann Wealth Senior Vice-President Clare Hare also joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
www.hackmannwealth.com
See omnystudio.com/listener for privacy information.
Russ Hackmann discusses the current market trends leading up to the election, the implications of government spending and tax policies, the impact of AI on investing, and the importance of understanding portfolio performance. With insights on how the markets are reacting to political sentiments and the necessity of strategic financial planning, Hackman emphasizes the need for investors to be proactive in managing their portfolios, especially in light of potential tax changes and the evolving technological landscape. Hackmann Wealth Vice-President Jack Young joins with a case study where he describes strategies utilized to build in the monthly income a retiring couple knew they would need.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with his update on the current state of financial markets, the impact of the upcoming elections, and strategies for investors to maximize gains while preparing for volatility. He emphasizes the importance of portfolio management, particularly in light of rising interest rates and inflation. The discussion also touches on the role of AI in financial planning and the evolving nature of retirement, highlighting new opportunities for learning and engagement in retirement life. Hackmann Wealth Vice-President Jack Young joins with a case study on uncovering red flags.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
In this episode of the Wall Street Sweeper, Russ Hackmann discusses the current state of financial markets, the importance of effective portfolio management, and the common financial mistakes individuals make. He also compares mistakes made in classic horror movies to mistakes to avoid in your financial life. He emphasizes the need for a solid financial plan, especially in volatile markets, and explores the benefits of Roth strategies for tax planning. In this conversation, Russell Hackmann discusses various financial strategies, particularly focusing on Roth accounts and the importance of customized financial planning. He emphasizes the need for tax optimization and the identification of red flags when choosing financial advisors. The discussion also covers the current market conditions and the potential for volatility, urging listeners to prepare and seize opportunities in their financial plans. Hackmann Wealth Senior Vice-President Clare Hare joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with the potential return of inflation and its implications for retirement planning. He draws parallels between the current economic climate and historical events, particularly the inflationary period of the 1970s. The discussion emphasizes the importance of understanding inflation risks, the impact of government borrowing, and the necessity of reviewing investment portfolios. Additionally, Hackmann highlights the traits of a good financial partner, stressing the need for future-oriented strategies and effective communication. Hackmann Wealth Vice-President Jack Young offers a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
In this episode of the Wall Street Sweeper, Russ Hackmann discusses the current market conditions, the impact of lower interest rates, and strategies for retirement planning. He emphasizes the importance of understanding Social Security benefits, the realities of inflation, and the necessity of having a comprehensive financial plan. Additionally, he debunks common retirement myths and highlights common issues in listener portfolios, providing insights on how to navigate the complexities of financial planning in today's economic landscape. Hackmann Wealth Senior Vice-President Clare Hare offers a case study on a 529 with money left over.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ Hackmann discusses current market trends, the importance of simplifying investment strategies, and the various risks associated with retirement. He emphasizes the need for a comprehensive financial plan that includes tax strategies and addresses listener questions about retirement planning. The conversation also touches on the significance of having a game plan for financial security and the relevance of sports analogies in financial planning. Hackmann Wealth Partners Vice-President Jack Young also offers a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ uses the metaphors of hurricanes, tornados, and heat waves in driving home the point of being prepared for all financial events. He also discusses the current state of the economy, focusing on inflation, tax policy, and market volatility. The conversation also includes listener questions about life insurance, Medicare, and estate planning, providing insights into effective financial management. Hackmann Wealth Partners Senior Vice-President Clare Hare joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ talks about the upcoming Federal Reserve meeting and its potential impact on the market. He emphasizes the importance of long-term planning and risk management. Russ also shares a heartwarming client story and discusses the need to protect oneself from financial scams. The conversation concludes with a reminder to review and adjust investment portfolios to ensure they align with individual risk tolerance and goals. Hackmann Senior Vice-President Clare Hare joins with information on a new IRS rule.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ discusses the current market volatility and the potential risks of an economic hard landing. He emphasizes the importance of having a plan that can withstand market turbulence and offers insights on risk management and asset allocation. The conversation then shifts to the wisdom of ancient philosophers and how their teachings can be applied to financial planning. Finally, the discussion explores the four phases of retirement and the importance of preparing for market downturns. Hackmann Wealth Partners Senior Vice-President Clare Hare joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ Hackmann discusses various topics related to the financial markets and retirement planning. He talks about the potential for inflation to return and compares the current economic climate to the 1970s. He also addresses the challenges of transitioning from work to retirement and the importance of managing spending in retirement. The conversation concludes with a listener question about the possibility of a major market downturn. Hackmann Wealth Partners Vice-President Jack Young joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ introduces a new feature to the show where he focuses on one particular stock and information on it. He discusses Starbucks and Gap. Russ also covers tax planning and the expiration of the Trump administration's tax cuts. He also highlights the importance of protecting oneself from scams and shares a personal story about Bernie Madoff's fraudulent scheme. Hackmann Wealth Senior Vice-President Clare Hare joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
The Wall Street Sweeper host, Russ Hackmann, discusses the August market scare and the wild cards ahead for the fall. He introduces a new growth strategy with downside protection and emphasizes the importance of tax planning in retirement. Hackmann also talks about the use of buffered ETFs as a principal protected growth strategy and explores the analogy of a baseball team to a financial plan. Hackmann Wealth Vice-President Jack Young joins in with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ welcomes special guest America’s Wealth Coach and best-selling author Coach Pete D’Arruda. Coach Pete talked about his new book “The Big Book on Retirement.” Russ also previewed his upcoming book “Wall Street is Not Your Friend.” Russ also discusses the current market volatility and the need for investors to protect their gains. He talks about the recent tech stock moves and the potential for a market downturn. Russ emphasizes the importance of diversification and having a long-term vision for investments. He also mentions the increasing national debt and the potential for inflation. Hackmann Wealth Senior Vice-President Clare Hare joined with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ discusses various topics related to the financial markets and retirement planning. He mentions the recent market volatility and the impact of the presidential race on different sectors. He also talks about the role of AI in the market and whether the hype around it is justified. Additionally, he emphasizes the importance of tax planning and avoiding tax surprises. Hackmann suggests strategies for holding on to gains and reducing risk in investment portfolios. Russ and Hackmann Wealth Vice-President Jack Young offer case studies.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ Hackmann discusses the current state of the markets and the impact of political forces on tech market leaders. He also highlights the challenges faced by people retiring in the next five years and the importance of having a solid financial plan. The conversation touches on topics such as hanging on to gains, estate planning, and the role of AI in the market. Russ emphasizes the need for a comprehensive plan that can withstand market volatility and discusses strategies for minimizing taxes in retirement and optimizing investment choices. Hackmann Wealth Partners Senior Vice-President Clare Hare also joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ Hackman focuses on the impact of the presidential race and changes in tax laws on the markets and individuals. He mentions some features of each candidate’s platform and the reception to each by the markets. Russ also touches on the importance of managing risk and the potential for interest rate cuts by the Federal Reserve. He addresses listener questions about federal worker concerns and mortgage payments in retirement. Hackmann Wealth Partners Vice-President Jack Young joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with his market update with information on the performance of tech stocks, the volatility of the market leading up to elections, interest rates on savings, and the potential impact of political unrest on financial health. The conversation also touches on the importance of financial health and its correlation with physical and mental health. The need for a financial checkup and the components of a good second opinion are highlighted. He discusses the potential impact of the 2024 presidential election on the markets. Hackmann Wealth Partners Senior Vice-President Clare Hare joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ discusses various topics related to finance and retirement planning. He touches on market volatility, the importance of protecting gains, and the potential impact of inflation. He also shares quotes from Warren Buffett and discusses the fear of running out of money in retirement. Russ discusses the concerns and challenges that retirees face, including worries about Social Security, market fluctuations, long-term care expenses, and taxes. He emphasizes the importance of creating a comprehensive retirement plan that addresses these risks and offers strategies for managing them. Hackmann Wealth Partners Senior Vice-President also joins with a case study.
Reach Russ at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ talks about the extreme outperformance of the NASDAQ and the potential risks associated with it. He emphasizes the importance of holding on to gains and being cautious of red flags in financial advisors. Russ also discusses the importance of tax planning and the need for a comprehensive retirement plan that covers the big six retirement risks. Russ and Hackmann Wealth Partners Vice-President Jack Young share case studies.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ discusses various topics related to finance and retirement. He touches on the benefits of having a financial advisor versus doing it yourself, the current state of the markets, and the integration of AI into iPhones. Russ also covers retirement rule changes, such as the increase in the age for required minimum distributions (RMDs). He explains the risks associated with market volatility, outliving one's money, taxes, inflation, underperformance and fees, and long-term care expenses. Russ shares a case study of a couple who had a portfolio but no plan, and how he helped them mitigate risk and achieve growth through principal protected growth strategies. Hackmann Wealth Senior Vice-President Clare Hare also joins in with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ Hackmann covers various topics related to finance, investing, market trends, and the behavior of successful investors. He also delves into the impact of technology stocks, the November election, and the inverted yield curve on the economy. The discussion provides insights into the habits of millionaires and the relationship between politics and the stock market. Russ covers a range of topics including financial planning, market insights, asset allocation, and retirement strategies. Hackmann Vice-President Jack Young joins the podcast with a case study about a young couple still in the accumulation phase of their lives and financial strategies he suggested.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ Hackman covers topics such as inflation, market trends, financial planning, and investment strategies. The conversation delves into the impact of inflation on the average American, the wobbling market, the importance of low-cost mutual funds, and the benefits of rolling over TSP to an IRA. Listeners are encouraged to seek a second opinion on their financial plans and consider alternative investment strategies. The conversation covers a range of financial topics, including New Year's resolutions, investment strategies, financial advisor benefits, market seasonality, and the impact of AI on the market. Senior Vice-President Clare Hare also joins with information on estate planning.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ provides a market update with some cautious optimism with the advice to always be prepared for the financial Cat 5 storm. Russ advises against investing in municipal bonds due to the risks associated with lending to government entities. Russ also emphasizes the significance of planning for retirement and ensuring that you have enough money to sustain your lifestyle. He recommends considering Roth conversions before required minimum distributions (RMDs) kick in. Lastly, Russ discusses the impact of inflation and the potential benefits of investing in equities.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
The Wall Street Sweeper podcast covers various financial topics, including social security, retirement strategies, and the impact of AI on the economy. The host, Russ Hackmann, discusses the bullish outlook for the stock market in the long term, but also emphasizes the need for risk management and principal protected growth. The conversation also touches on the role of government policies and the Federal Reserve in the economy, as well as the importance of innovation and getting out of the way of the private sector. The episode concludes with a discussion on treasury yields and the potential impact on the stock market.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ discusses various topics related to the financial market and retirement planning. He starts by talking about the volatility of the market and the influences that are pushing it around. He also touches on the concept of finding landmines in your financial plan and the importance of getting a second opinion. The conversation then shifts to the impact of artificial intelligence (AI) on the labor market and the economy. Hackmann Wealth Partners Vice-President Clare Hare also joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
The main theme of the podcast is to keep in mind that today’s financial front looks different in many ways than that of the past. Russ offers a reminder to make sure your strategies fit the current conditions of today. He also discusses retirement regrets to avoid and revisits the big six retirement risks. He and Hackmann Wealth Partners Vice-President Jack Young cover case studies.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ covers various topics including taxes, interest rates, national debt, inflation, and the economy. He talks about the potential risks of a national debt crisis, high inflation, and rising interest rates. Russ also mentions the positive impact of AI on productivity and corporate profits. The conversation emphasizes the importance of asset allocation, risk management, and principal-protected growth instruments in financial planning.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
The conversation covers various including market turbulence, estate planning, the transfer of wealth, inflation, interest rates, and listener questions. In this conversation, Russ Hackmann discusses the importance of asset allocation and risk management in retirement planning. He advises that individuals within 10 years of retirement should have less than half of their money in risky assets, unless they have well over five million dollars. Hackmann emphasizes that market downturns are inevitable and can result in significant losses, especially for those with a high percentage of their portfolio in stocks. He also warns against investing in bond funds, as they can experience significant losses and may not recover. Instead, he recommends a diversified asset allocation strategy that includes safe assets like T-bills and CDs, as well as principal protected growth or income products. Hackmann Wealth Partners Vice-President Jack Young joins in with a case study.
Reach Russ at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ talks about the challenges of managing finances in volatile markets and the importance of having a clear financial plan. Russ shares a story about a football player who consulted his financial advisor before making a car purchase. The conversation ends with a segment called 'The World's Worst Financial Advisor,' highlighting the importance of providing meaningful and personalized financial advice. In this conversation, Russ discusses the potential downsides of relying on fancy reports and the importance of personalized information.
Reach Russ at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
The conversation revolves around the topics of the financial markets, inflation, the national debt, retirement planning, and the changing investment landscape. Russ discusses the unpredictability of the Federal Reserve's decisions and the impact on interest rates and bond funds. Russ uses golf-themed movie clips to illustrate various lessons in retirement planning. He highlights the need for a well-thought-out strategy and the importance of understanding the rules of the financial universe. The conversation concludes with a discussion on the warnings from financial leaders about the growing national debt and its implications for current and future retirees. In this conversation, Russ Hackman discusses the alarming national debt and the potential impact of inflation on retirement planning. He emphasizes the need for a plan that accounts for higher inflation rates and the possibility of economic and market shocks.
Reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
In this episode of the Wall Street Sweeper, host Russ Hackmann discusses the prevalence of bad financial advice on social media and the importance of cutting through the noise. He provides market analysis, highlighting the tug-of-war between inflation and wishful thinking on the Fed's part. Russ emphasizes the significance of asset allocation and risk management in financial planning, as well as the importance of long-term tax planning. He debunks the notion that 401(k)s are a scam and addresses the benefits of having a mortgage in retirement. Russ also addresses questionable financial advice from a game show and a viral TikTok video about secret bank accounts at the Federal Reserve. In this episode, Russ Hackman discusses the top problems in portfolios and emphasizes the importance of having a plan for retirement. Russ shares a success story of helping a client retire and celebrates the importance of a comprehensive financial plan. Hackmann Wealth Partners Vice-President Jack Young joins in with a case study.
Reach Russ Hackmann at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
In this episode of The Wall Street Sweeper, host Russ Hackman discusses the current state of the markets and the impact of inflation. He then introduces the 10 commandments of financial planning, covering topics such as avoiding gambling, seeking advice from trusted sources, and doing due diligence. Russ emphasizes the power of compounding returns and the importance of avoiding big losses. Hackmann Wealth Senior Vice-President Clare Hare joins in with a case study.
Reach Russ at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
The conversation covers various topics including market updates on inflation and the bond market, tech stocks and Bitcoin. Russ also covers proposed legislation on Social Security. In this conversation, Russ Hackmann, president of Hackman Wealth Partners, answers questions about retirement planning, Social Security, retirement minimum distributions (RMDs), Roth conversions, annuities, and the importance of communication with financial advisors. He also discusses common financial issues and themes and provides an annual financial checklist. Hackmann Wealth Partners Vice-President Jack Young joins the podcast with another case study.
You can reach Russ and the team by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
In this episode, Russ Hackmann provides a market update and discusses the link between college basketball and financial planning. He also shares examples from the financial hall of shame and highlights life lessons from famous coaches. Additionally, Russ introduces a new asset allocation strategy and offers complimentary financial plans to listeners. Hackmann Wealth Partners Senior Vice-President Clare Hare also joins in with a case study.
You can reach Hackmann Wealth Partners by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
The conversation starts with a discussion on interest rates and market surprises followed by the risk of an unpleasant surprise in the markets. The importance of risk management and the art of keeping money are also highlighted. Movie references to Wall Street and The Wolf of Wall Street are made, emphasizing the cautionary tales they portray. Russ then delves into taxes in retirement and the benefits of Roth accounts. The segment concludes with a discussion on contributing to Roth accounts. In this conversation, Russ discusses the benefits of Roth accounts and provides insights into contributing to and converting to Roth accounts. He also emphasizes the importance of tax reduction planning and offers a cautionary note on the market. Additionally, he shares strategies for managing financial worries and highlights the significance of long-term financial planning. Finally, he discusses investing safe money and the importance of having a turn off the TV plan.
You can reach Russ by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
The conversation covers various topics related to retirement planning, market volatility, and investment advice. Russ discusses the importance of asset allocation and the potential risks of bond investments. He also addresses common mistakes in retirement planning and provides insights on finding the right financial advisor. The conversation emphasizes the need for a comprehensive financial plan that considers factors such as inflation, taxes, and long-term care. Hackmann Wealth Vice-President Jack Young also offers a case study.
You can reach Russ at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ goes over some items will all need to be able to check off our list as we approach retirement. They include having a written plan and inside of that having a spending plan, and knowing what your income sources will be. Russ and Hackmann Wealth Senior Vice-President Clare Hare share case studies.
You can reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
As football season winds down, Russ compares winning football strategies to winning financial and retirement strategies. This includes good offensive and defensive moves to consider when you’re in that financial red zone which is five to ten years away from retirement. Russ also gives his financial take on famous quotes from football legends. Vice-President Jack Young shares a case study and Russ talks about that human connection between clients and the team at Hackmann Wealth Partners.
You can reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ offers comparisons between traditional and modern retirement in areas such as the demise of the private sector pension, longevity, and Social Security strategies. He also talks about the potential positive aspects of adding principle protected growth alternatives. Russ and Senior Vice-President Clare Hare also offer case studies.
You can reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
We all know the bucket list so what would go in the un-bucket list? That would be things to avoid so you can have a successful retirement. That’s the discussion with Russ as he talks about knowing when you can retire so you don’t work longer than necessary, not being lonely and now having an unfulfilled retirement, and now squandering the early “go-go” years. Russ discusses the jittery start to the markets for 2024 and how we should move forward. Hackmann Wealth Vice-President also shares a case study.
Contact Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Still in the New Year the podcast devotes time to considering financial goals or resolutions, how to approach them, and how to stay on track. These include everything from paying off debt to increasing your savings and more.
Russ also talks about considering “graduating” to a different kind of financial advisor and especially if you’re near retirement. He also stresses the need to consider good estate planning. Hackmann Wealth Senior Vice-President Clare Hare offers a case study.
You can reach Hackmann Wealth Partners by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with more conversation on the fourth quarter “Santa Clause” rally. He also warns of things that could potentially sabotage your retirement. Hackmann Wealth Senior Vice-President Clare Hare shares a case study. We go back to 1974 and Russ looks ahead with financial New Year’s resolutions.
You can reach Russ and the team by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ talks about the importance of having safe strategies while also keeping in mind the importance of separating income from growth. He gives us his year-end state of the markets report and looks ahead to 2024 and takes us to four Christmas themed towns on a retirement road trip.
You can reach the Hackmann Wealth team by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
You’ll hear clips from familiar movies and a sitcom with a holiday theme. Russ takes these clips and shares retirement and financial lessons we can learn from them. Russ and Hackmann Wealth Senior Vice-President Clare Hare share case studies as well. Russ shows how holistic that financial relation can be with the team at Hackmann Wealth Partners.
You can reach Russ Hackmann at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
As we approach the end of the year, Russ covers some financial matters we should approach before the end of the calendar year. He talks about RMDs, charitable donations, 401(k), Roth, and tax harvesting. Russ and Vice-President Jack Young share a case study and we go back to the year 1980.
You can reach Russ Hackmann at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ welcomes artificial guest “Chatty P” powered by Chat GPT. She answers financial and retirement questions and Russ follows up with his take on her answer. Russ also comments on the considerations for those nearing retirement given our challenging economy. He also features some statements from Campbell Harvey, professor of finance at Duke University and Jeremy Siegle, professor emeritus of finance at University of Pennsylvania’s Wharton School of Business. Hackmann Wealth Senior Vice-President Clare Hare also offers a case study.
You can reach Russ Hackmann by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
The 2023 Mercer CFA Institute’s Global Pension Index recently rated retirement systems around the world. The U.S. earned a C+. Russ examines that and discusses steps to strongly consider in an effort to score an A+ in your retirement. Russ and Hackmann Wealth Vice-President Jack Young share a case study. Special features take us on a retirement road trip with a pizza theme and back in time to the year 1970.
You can reach Russ and the team at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ reminds us of the big six retirement risks we need to be aware of and fortify our portfolio against as we approach retirement. Russ and Senior Vice-President Clare Hare offer some very relatable case studies. Come along on a scary Retirement Road Trip and hear two funny money stories. One involves a creative con and the other highlights a very honest man. That and more in this podcast.
You can reach Russ Hackmann at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens and closes the podcast with a breakdown of the fall volatility we continue to experience and a look ahead. He then looks at common fears shared by retirees and soon to be retirees. Inflation, Social Security, market volatility, and the cost of health care are among the fears discussed. Russ and Hackmann Wealth Vice-President Jack Young share a case study. Our special features focus on a financial failure story involving Nicolas Cage and the year 1988.
You can reach Russ and the team at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens the podcast with a continued discussion on the fall volatility in the markets. He also offers information on the different scam operations out there and tips to avoid them. He dissects survey results from a Northwestern Mutual Planning and Progress study that shows Americans’ concerns about the economy and how much they would need to retire. Hackmann Wealth Senior Vice-President Clare Hare gives a case study. Our two vignettes feature the year 1950 and some examples that show just how much a trillion really is.
You can reach Russ Hackmann and the team by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
We all assume things but some assumptions could be dangerous when approaching retirement. Russ covers some of these. The list includes assumptions on when you will retire, how long you will live, how much you will spend, and what you will face in taxes. Russ also discusses a continued volatile fall market and, along with Hackman Vice-President Jack Young, offers a case study.
You can reach Hackmann Wealth Partners by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Honoring Financial Literacy Month, the game is Financial Jeopardy covering retirement facts to make sure you’re not in financial jeopardy. Categories include Important Retirement Ages, Penalties and Fees, Retirement Savings Vehicles, and Retirement Rules of Thumb. Russ Hackmann and Clare Hare both share a case study and we go back to the year 1929 in a special feature.
You can reach Hackmann Wealth Partners by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ cuts through misinformation in financial and retirement planning by declaring whether retirement statements are fact, fiction, or somewhere in between. Do you need one million to retire? Are diversification and asset allocation the same thing? Can you live comfortably in retirement on 70 to 85 percent of your current income level? Russ answers these questions. Hackmann Wealth Partners Vice-President Jack Young joins the conversation with a case study. Our special features focus on a twist on pizza delivery and a look back at the year 1960.
You can reach Russ Hackmann and the team at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with his market update in talking about the volatility of fall. He also discusses some words of wisdom from the Oracle of Omaha in his overall investment mindset, his number one rule in investing, and what he means when he says his mistakes have been of omission. He looks at some things that are making retirees fearful that they may run out of money in retirement and offers solutions. Hackmann Wealth Senior Vice-President also joins the podcast with another case study.
You can reach Hackmann Wealth Partners by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with his weekly market update. He dissects some statistics and survey showing Americans are taking longevity risk seriously but still many are dipping into their retirement funds early. Senior Vice-President Clare Hare joins with a case study and a celebrity success story on Colonel Sanders is featured.
You can reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ takes extreme cases of celebrity financial mistakes and shows how we can learn from them. He also shares a case study of a couple who came to him with the typical 60/40 strategy and the solutions he suggested. Hackmann Senior Vice-President Clare Hare joins the discussion as well.
You can reach Russ Hackmann at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
At the opening of football season, Russ discusses good offensive and defensive strategies to consider in retirement planning. He talks about going on the offense with income built in, building wealth, diversifying, and creating a budget. Defensive measures include bridging gaps, building an emergency fund, creating an estate plan, considering appropriate insurance, and looking at protective long term care strategies. Russ also teases his book that should be published in a year. We feature a produced financial failure story and Clare Hare joins in with a case study.
You can reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
2024 marks an historic demographic event with the largest number of Americans ever reaching the age of 65. If you’re approaching retirement, what strategies should you consider implementing now? Russ covers that in this podcast. Russ and Senior Vice-President Clare Hare both share case studies.
You can reach Hackmann Wealth Partners at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with his market update with reaction to the latest Fed interest rate hike and how some strategists are concerned about a downturn in the markets. He also demonstrates how his portfolio x-ray is the starting point in tackling the three layers of fees that may be dragging it down. Senior Vice-President Clare Hare joins with another case study.
You can reach Russ Hackmann and Clare Hare at 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ takes the hot seat in answering retirement questions to see if he can win all the “show money.” Questions range from FRA for Social Security to Roth strategies and from contribution limits to tax considerations. Russ also offered his weekly market update cautioning to be vigilant about risk with the possibility still of a recession. Hackmann Wealth Partners’ Senior Vice-President Clare Hare joins with another case study.
You can reach Hackmann Wealth Partners by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
It’s amazing how you can tie iconic TV sitcom scenes to retirement planning. Russ does just that with Kramer giving himself a gold watch and pointing out that retirement falls more on us now. Fred Sanford gets a lesson on how Social Security benefits are calculated and Archie Bunker schools us on inflation. Russ and Senior Vice-President Clare Hare both share case studies on the podcast.
You can reach Russ and Clare by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
How should falling inflation influence your retirement planning process. Russ covers that and stresses the need to insulate your portfolio. Senior Vice-President of Hackmann Wealth Partners Clare Hare shares a couple of case studies and Russ offers the reminder that with the changing economic client, now is a good time to get a second opinion.
You can reach Hackmann Wealth Partners by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with his market update focusing on fragility in the markets and the Fed still talking about possible rate hikes. He then talks about the troubling trend of some retirees feeling like they may have to re-enter the workforce and offers solutions. We meet Senior Vice-President of Hackmann Wealth Partners Clare Hare. She and Russ both offer case studies in showing how red flags can be detected and remedied with solutions starting on our first visit.
You can contact Russ and Clare by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with his market update focusing on the seven tech stocks and their larger role in propping up the markets. He talks about taking advantage of the current market upswing to help upgrade your retirement plan. With two case studies Russ shows how he can help identify unnecessary fees in your portfolio and help cut them.
You can reach Russ Hackmann by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ continues to stress the need for a portfolio overhaul in this new financial world. He discusses strategies that should be reconsidered given the changes and talks about taking the panic out of retirement and moving into safer strategies.
You can reach Russ Hackmann by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
It’s back to financial college with Russ Hackmann as our professor going over the soup to nuts of a good portfolio and a good financial plan. Russ discusses the biggest lurking problems he sees in the financial universe and how to combat them. He also talks about what strategies to implement in starting from scratch and creating a good plan.
You can reach Russ Hackmann by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ talks about reasons some retirees are considering going back to work. Inflation is the main catalyst in this along with rising interest rates. He also discusses the next three years and why they are so critical in tax planning and shares a case study in which he helped a couple establish multiple streams of cash flow in retirement.
You can reach Russ Hackmann by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
The theme of this podcast is the critical need to lower you risk and build dependable cash flow in your retirement plan. Russ continues with this theme in a case study he shares. He also talks about how “modern families” with second or more marriages could approach financial planning.
You can reach Russ Hackmann by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with his market update and his take on the debt ceiling showdown and potential default. He notes confidence could be falling to 2008 levels and offers suggestions on restoring confidence in areas such as inflation, volatility, and even Social Security uncertainty. Russ offers suggestions on areas couples need to find common ground in retirement planning and then offers a case study of a couple with red flags in the areas of risk and high fees.
You can reach Russ Hackmann by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ cites results of a 2023 EBRI Employee Benefit Research Institute results on concerns of pre-retirees and retirees in their comfort level on reaching retirement and living comfortably in retirement. He then discusses the advantages to consider when looking at the Roth IRA option. In a case study, Russ breaks down red flags he discovered in a couples’ strategies including high fees and too much risk.
You can reach Russ Hackmann by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
In his opening market update, Russ discusses the most recent bank faurure, the path of fed policy, and what this all means for you. He shares the assets that he is currently using in clients’ portfolios and shares two case studies. With one couple, he looked over their portfolio of mutual funds and replaced with U.S. based S&P and dividend paying stocks. He detailed his proposed solution for another couple that involved building in safe growth, increased yield on cash, cash flow, and a good Social Security Strategy.
You can reach Russ Hackmann by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ spends a lot of time in this podcast analyzing the continued challenges in the banking sector and opens specifically with possible trouble brewing with First Republic. He discusses whether it is possible for other domionos to fall, the safety of our money, and what it could mean for our economy and markets. He also shares two case studies. One involved a couple who turned to Russ for more conservative strategies in their portfolio and the other couple was ready to retire but needed a personal pension.
You can reach Russ Hackmann by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with his market update mentioning positive activity on the Nasdaq, S&P, and Dow. He talks about the importance of building dependable income in retirement in discussing strategies involving withdrawal, laddering, dividends, and the tools to build personal pension like income. Russ cites two case studies involving one couple who felt too many people were involved in their financial life and another couple looking for safer strategies with the husband’s savings that had dropped below one million.
You can reach Russ Hackmann by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ introduces a new theme to the podcast and that it how he helps his clients reach quantitative goals of further raising returns by one percent annually and reducing losses by twenty-five to seventy-five percent in the metaphorical Cat 5 storms of the economy. He demonstrates how he worked with a couple of achieving those goals. He also analyzes some of the top financial internet searches made by people before they visit with a financial advisor.
You can reach Russ Hackmann by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
In his weekly market update, Russ warns of lurking issues including the Fed fight against inflation and the possibility of taxes going up down the road. He continues to stress the importance of factoring market risk, outliving your money, inflation, investments, taxes, and long-term care into your retirement planning. Russ also shares a couple of cast studies. One was about a couple he helped into retirement when their date for it came sooner than expected. Another was on a couple who brought to the meeting some strategies that looked like red flags such as a lot of mutual funds, bond funds, and international funds.
You can reach Russ Hackmann by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ dives into the banking sector situation in his opening market update in explaining possible impacts and how it is complicating the Fed’s fight against inflation. He shares how he worked with a couple who had received what he calls “the kitchen sink” experience from their big box firm. He also explains how he addresses the big 6 retirement risks.
You can reach Russ Hackmann by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ talks about the crisis sweeping the banking sector and what it means to you and the market. As always, he covers how to immunize your portfolio against volatility, factor in pro-active tax strategies, and identify and cut fees. Russ shares two client stories including one couple he helped paying an exorbitant amount in fees each year.
You can reach Russ Hackmann by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ notes that life insurance is not peoples’ favorite topic to discuss but he points out how life insurance has changed and now offers many living benefits. In the podcast, he also offers his weekly update on the markets in touching on more market disruption, the potential for more aggressive interest rate hikes and even possible recession. As always Russ stresses the importance of protecting yourself from a financial Cat 5 storm. Russ also shares case studies. One of which involved a couple who scheduled a second opinion consultation with Russ offering solutions with the potential of providing a $30,000 a year cash flow improvement. Another client story featured a couple who sought Russ’ help in implementing a tax reduction plan that provided more in their legacy fund.
You can reach Russ Hackmann by calling 617-6745-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ talks about good sound retirement advice you can share with your kids in their 20s and 30s. He talks about serious consideration being given to Roth accounts and lessons on 401(k) allocations. As always, Russ shares client stories which include their dreams and challenges they bring to him and how he rolls up his sleeves with them to find solutions. One couple had been losing money and were extremely worried about what Russ calls the Cat 5 storm that could come along in the economy. He shared how talked to them about getting out of their bond strategies and moving to safe money earnings and broadening to dividend paying stocks. Another couple had plans to retire in two years, but they had lost 15 to 20 percent on every single position they had. Russ talked about his solution of building paycheck replacements into their plan.
You can reach Russ Hackmann by calling 617-674-2000.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with his take on JP Morgan Chase CEO Jamie Dimon’s comments on the market. He discusses mistakes that even the wealthiest investors make. They include not focusing on tax planning and not having a real plan. In sharing stories of clients and their challenges, Russ shared how he helped a couple repair their portfolio for safety and long-term growth and how he helped a couple reach their target retirement date which was two years away. Russ wrapped up the podcast looking at tax opportunities in 2023.
You can reach Russ Hackmann by calling 617-299-7676.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ looks at market performance so far for 2023 and looks ahead to the rest of the year. He also points out some benefits of a Roth IRA that you may not be aware of and some new opportunities, some of which were brought forth by Secure Act 2.0. In sharing case studies, Russ spoke of helping develop a more three-dimensional planning structure for a client who he said had too much in stocks and was only two years aware from retirement. In another case study, he shared the challenges faced by a couple who had lost a lot of money in low performaning bonds and high-risk stocks. He demonstrates how he helped them in structuring a plan with less exposure to downside shock and a much better upside.
You can reach Russ Hackmann by calling 617-299-7676.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ notes the current atmosphere on Wall Street is generally positive but stresses the need for caution. He runs down five new savings and tax rules that can help boost retirement savings including adjustments to federal income tax brackets, standard deductions going up, higher contribution limits, and RMD age being raised. As he does every week, Russ shares stories of clients who have presented him with their challenges and retirement dreams and how he worked with them to help them meet both. One case study involved Russ helping a couple eliminate over ten thousand a year in frees and the other was a case of helping a couple safely boost the returns in their portfolio.
You can reach Russ Hackmann by calling 617-299-7676.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with a look at this week on Wall Street and how to navigate the markets in building that strong retirement house. He discusses the impact of taxes on retirement and steps to counteract that impact. He explains how withdrawals from retirement accounts and pensions can be taxed. As always, Russ shares information on how he helps clients in building the retirement plans to match their dreams and to accommodate the lifestyle they want.
You can reach Russ Hackmann by calling 617-299-7676.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with his weekly Wall Street update and a read on the markets so far for 2023 and how the tone has been more upbeat but the markets are still being very cautious. He does a comparison between retirement of today and that of our parents and grandparents. Some of the differences he discusses are longevity and the risk that can come with that, changing attitudes towards when and how to retire, and concerns of health care cost and long-term care protection. Russ spends time each week sharing stories of clients who have brought him their goals and challenges and how he worked with them. This week he talks about a couple who he helped reduce their taxes and how he helped a woman “hit the retire button.”
You can reach Russ Hackmann by calling 617-299-7676.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with his weekly Wall Street update and a read on the markets so far for 2023. He also does a quick review of Secure Act 2.0 which passed over the holidays. He touched on some of the provisions such as raising the required minimum distribution age, more catch-up contribution opportunities, and increasing the amount of RMDs that can be given to charities. Russ also shared a couple of case studies with one involving a couple with concerns over their retirement savings going down and another couple knowing they needed a professional partner in their retirement planning.
You can reach Russ Hackmann by calling 617-299-7676.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with a look ahead and his expectations for the markets in 2023. He shares how he has helped clients address the big six retirement risks of market, outliving money, taxes, inflation, excessive fees, and long term care. Russ then covers some additional New Year’s resolutions including having an actual plan and the avoidance of letting hope be your strategy, getting too involved in stock picking, and having too much at risk within five years of and in retirement.
You can reach Russ Hackmann by calling 617-299-7676.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with a look back at market performance in 2022 and a look ahead to 2023. He shared a couple of stories working with clients on helping to greatly reduce their tax impact in retirement and how he implemented strategies to keep a couple on track for their retirement target date, in spite of the turbulent economy. Russ also addressed the growing number of Americans choosing to work in retirement.
You can reach Russ Hackmann by calling 617-299-7676.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with his weekly update on Wall Street and a bit better tone for the past week possibly due to inflation data. He stresses the need to protect yourself from the Big Six retirement risks which are market risk, outliving money, inflation, investments, taxes, and the possibility of needing some form of long-term care. As he does every week, Russ shares case studies involving his work with clients. One involved a couple that had to retire sooner than planned due to covid and how he worked with them to solidify their plan and help them realize their dream of extensive traveling in retirement. He then discussed a couple who he helped move out of bond and international funds after they switched to his services from those of a big box firm.
You can reach Russ Hackmann by calling 617-299-1100.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ offers his weekly update on the markets and then moves into how he helped a couple who had good savings but no plan. He showed how he approached their big retirement risks and built-in income, safety in down markets, tax strategies, and a budget that factored inflation. Russ stays on inflation Russ talks about the efforts to combat inflation and strategies that will help deal with it now. He also shares a case study involving a couple in their early 60s with a lot of cash saved and concerns about risk and losing money. He explains solutions he discussed with them designed to give them consistent and increasing income.
You can reach Russ Hackman by calling 617-299-7676.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ offers his weekly Wall Street update while looking at markets, the Fed, the inflation outlook, and taxes. He then talks about action items he can take with you to shore up your portfolio and how he will look for inefficiency and underperformance. He identifies obstacles that can stand in the way of your retirement such as inflation, volatility, unexpected expenses, and debt. He also shared a story of working with a couple very concerned about volatility and how he moved them into safer strategies.
You can reach Russ Hackmann by calling 617-299-7676.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with his weekly update on the markets and then moves into retirement spending habits to consider and some to avoid. Russ also warns against that well-intentioned but possibly bad financial advice you may receive at the Thanksgiving dinner table. He sets the record straight on issues concerning Social Security, distribution, and your expenses in retirement. Russ also shares a couple of case studies that involve the challenges that were brought to him by clients and the solutions offered. One involved a person in too much risk and the other was a person who need Social Security claiming and tax strategies.
You can reach Russell Hackmann by calling 617-299-7676.
Hackman Wealth Partners
See omnystudio.com/listener for privacy information.
How could the mid-term elections affect your portfolio. Russ opens with a discussion on that. He also shares a couple of case studies. One involves a couple in their late sixties and how he shored up their portfolio to help withstand any potential extreme economic downturns. He also demonstrates how he worked on the overall plan of a couple that had too much in stocks for the long term and no cash flow in retirement. Russ shared good questions to ask your advisor in times of economic turmoil and talked about outlook for tax policy.
You can reach Russell Hackmann by calling 617-299-7676.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ opens with his weekly review of the week in the markets. He then moves into a discussion about the adjustment period when first entering retirement and discusses some year-end strategies to consider. Russ also gives a couple of case studies of how he set up an income plan for a client in a high-risk investment situation and how he fortified the portfolio and built in cash flow for a couple.
You can reach Russ Hackmann by calling 617-299-7676.
Hackmann Wealth Partners
See omnystudio.com/listener for privacy information.
Russ provides his weekly take on market conditions and then moves into a case study of helping a couple who had lost money with their big box firm accounts. He also covers seven retirement pitfalls to avoid and identifies four major gaps that could prevent you from reaching your retirement. They are the financial knowledge, resources, perception, and empowerment gap.
You can reach Russell Hackman by calling 617-299-7676.
Hackman Wealth Partners
See omnystudio.com/listener for privacy information.
Russ offers his weekly market update to open the podcast and then shares a case study of helping two couples get into truly safe investments that cannot go backwards or with steady growth stocks. He also talked about the 2023 8.7 percent cost of living adjustment to Social Security and tied that in with retirement planning in times of high inflation. Russ then discussed the proper approach to that sudden shift to de-accumulation when you reach retirement.
You can reach Russell Hackman by calling 617-299-7676.
Hackman Wealth Partners
See omnystudio.com/listener for privacy information.