Tag: HoffmanWealthManagement

Redefining Retirement and Embracing Change with Suzanne Campi (Episode 6)

Redefining Retirement and Embracing Change with Suzanne Campi (Episode 6)

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Summary: In this episode of Wealth On The Move, host Will Hoffman engages with retirement coach Suzanne Campi to explore the evolving concept of retirement. They discuss the importance of coaching through life transitions, the creation of the Retirement Wheel, and the significance of legacy and purpose beyond financial planning. Suzanne shares insights on navigating unexpected retirements, overcoming ageism, and the role of relationships in a fulfilling retirement. The conversation emphasizes the need for self-reflection and honoring endings as individuals transition into this new phase of life.

Resources:

Connect with Will Hoffman: 

Connect with Suzanne Campi:

Takeaways:

  • Retirement is no longer defined by age but by personal choice.
  • Coaching helps individuals rediscover their purpose during transitions.
  • The Retirement Wheel assesses various life aspects beyond finance.
  • Legacy is about love and impact, not just financial wealth.
  • Many retirees experience a sense of loss and need support to find purpose.
  • Ageism affects perceptions of self-worth in retirement.
  • It’s essential to nurture relationships during retirement.
  • Fear of change can prevent individuals from pursuing their passions.
  • Self-reflection is crucial in understanding one’s journey.
  • Honoring endings can lead to new beginnings and growth.

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Understanding Lifestyle Creep: How to Keep Your Spending in Check and Build Wealth (Episode 2)

Understanding Lifestyle Creep: How to Keep Your Spending in Check and Build Wealth (Episode 2)

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Summary In this episode of Wealth on the Move, hosts Will Hoffman and Brynn Tarbuck discuss the concept of lifestyle creep, particularly how increased income can lead to increased spending. They emphasize the importance of financial planning, aligning spending with personal values, and preparing for potential financial setbacks. The conversation also covers strategies to combat lifestyle creep, the significance of insurance, and the necessity of making informed financial decisions. The hosts encourage listeners to take action against overspending and to plan for a financially secure retirement.

Takeaways

  • Lifestyle creep occurs when income increases lead to increased spending.
  • It’s important to enjoy your money while also saving for the future.
  • Financial independence requires a balance between spending and saving.
  • Understanding your values is crucial in financial decision-making.
  • Debt can become a significant issue if lifestyle spending is not controlled.
  • Having a financial plan helps in managing cash flow effectively.
  • Insurance should be updated to match your financial situation.
  • Acknowledging overspending is the first step to addressing it.
  • Long-term planning is essential for a secure retirement.
  • It’s never too late to start a financial plan.

Get your copy of “The Great Spending Balance” by clicking the link here: https://www.fmgwebsites.com/af1def90-2c76-4c9d-a296-95eeb9c6b878/the-great-spending-balance-love-your-life-today-whilelove-your-life-today-while-saving-for-tomorrow

 

 

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Podcast image showing the title "Monetary Mixtape" podcast with Will Hoffman
Welcome to the Monetary Mixtape With Will Hoffman – A Podcast about Wealth Management for Gen Xers (Ep. 1)

Welcome to the Monetary Mixtape With Will Hoffman – A Podcast about Wealth Management for Gen Xers (Ep. 1)

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Do you remember when pizza on a Friday night was a treat, and blasting music through your boombox rocked your world? If you’re a proud member of Generation X, then this podcast is for you! 

Set to the vibes of Generation X this is not your everyday podcast about financial advice. This podcast gives a voice to a forgotten generation of people who can benefit from monetary help that will affect their lifestyle and future.

In this episode, Will Hoffman talks about the vision he has for this podcast, as well as his 20-year journey to become a financial advisor who can relate to Gen Xers and their unique position in the financial landscape.

Listen in as Will discusses:

  • Why he decided to become an independent financial advisor 
  • How he plans to help Gen Xers gain financial independence
  • What he finds fascinating about marathons 
  • Why he thinks it’s important to share his knowledge with school-aged children
  • And more

Resources:

Connect with Will Hoffman: 

About the host:  

Will Hoffman is a financial advisor and the Founder of Hoffman Wealth Management, a firm dedicated to helping professionals create wealth plans that revolve around their financial goals. Will has 20 years of experience in the financial services industry and is passionate about becoming his client’s most trusted financial ally. He works with a variety of clients from Millennials to retirees in Greensburg, Irwin, Murrysville, Monroeville and Pittsburgh, PA. as well as a variety of areas across the country.

Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Private Advisor Group, a registered investment advisor. Private Advisor Group and Hoffman Wealth Management are separate entities from LPL Financial. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.



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