Your Retirement Playbook

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

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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.