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.