Tag: Podcast

Healthy Wealthy Longevity: A New Prospective with Jon Sabes (Episode 28)

Healthy Wealthy Longevity: A New Prospective with Jon Sabes (Episode 28)

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Summary: In this episode of Wealth on the Move, host Will Hoffman engages with John Sabes, author of ‘Healthy Wealthy Longevity.’ They discuss the critical importance of longevity as a financial risk, the role of self-care and health in financial planning, and the impact of lifestyle choices on longevity. John shares insights on epigenetics and how our lifestyle influences gene expression, emphasizing the need for individuals to invest in their health to ensure a vibrant life as they age. The conversation also touches on the future of health and wealth innovation, and the importance of planning for uncertainty in life expectancy.

Resources:

Takeaways:

  • Longevity is a significant risk to retirement portfolios.
  • Self-care and health are crucial for a fulfilling life.
  • Investing in yourself is the best financial decision.
  • Lifestyle choices greatly influence longevity and health.
  • Epigenetics shows that our lifestyle affects gene expression.
  • Planning for retirement must consider the unpredictability of life expectancy.
  • The worst outcome in aging is to be alone and poor.
  • Financial advisors should focus on holistic well-being, not just investments.
  • Maintaining muscle mass is vital for health span and longevity.
  • Living with purpose and connection enhances overall longevity.

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John Sabes and Longevity Financial Partners are not affiliated with Hoffman Wealth Management and Private Advisor Group. This presentation is not intended as specific financial advice for any individual.

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The NIL Revolution: Transforming College Sports with Kristi Dosh (Episode 27)

The NIL Revolution: Transforming College Sports with Kristi Dosh (Episode 27)

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Summary: In this episode of Wealth on the Move, host Will Hoffman and NIL expert Kristi Dosh delve into the transformative landscape of Name, Image, and Likeness (NIL) in college sports. They discuss the evolution of NIL rules, the financial implications for student-athletes, and the importance of building a personal brand through social media. Kristi shares insights on navigating contracts, the role of agents, and the tax responsibilities that come with NIL deals. The conversation also highlights the future of NIL, including market inefficiencies and undervalued opportunities for athletes.

Resources:

Takeaways:

  • NIL has revolutionized the financial landscape for college athletes.
  • The rules around NIL have changed significantly since July 2021.
  • Athletes must navigate a complex and evolving NIL environment.
  • Written contracts are essential for NIL deals to avoid misunderstandings.
  • Many athletes may not need agents but should consider hiring attorneys.
  • Tax implications are a crucial aspect of NIL earnings for athletes.
  • Social media presence is vital for building a personal brand.
  • Athletes should diversify their content beyond just their sport.
  • NIL opportunities can extend into coaching and clinics for athletes.
  • The future of NIL may see more states allowing high school athletes to participate

Connect with Will Hoffman: 

Kristi Dosh and Business of College Sports are not affiliated with Hoffman Wealth Management and Private Advisor Group. Hoffman Wealth Management and Private Advisor Group do not provide tax or legal advice. This presentation is not intended as specific financial,  tax or legal advice for any individual. Please consult with qualified professionals for these types of advice.

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All About the One Big Beautiful Bill Act with Tax Wizard Kelly Bender (Episode 26)

All About the One Big Beautiful Bill Act with Tax Wizard Kelly Bender (Episode 26)

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Summary: In this episode of Wealth on the Move, host Will Hoffman and tax expert Kelly Bender dive deep into the implications of the new OB3 tax law and what it means for both business owners and individual taxpayers. They explore the importance of understanding business entity structures, the impact of payroll tax updates, and the necessity of long-term tax strategies. Key topics include changes to income tax brackets, retirement account contributions, child tax credits, and state and local tax (SALT) deductions. They discuss the permanence of the Qualified Business Income (QBI) deduction, updates to depreciation rules, and investment incentives such as Qualified Opportunity Zones and qualified small business stock. Kelly shares insights from her upcoming book aimed at helping new entrepreneurs navigate the complexities of starting a business, while also addressing common tax myths and the importance of proactive planning for future generations. Throughout the conversation, they emphasize how OB3’s changes require individuals and businesses to adapt to an evolving tax landscape in order to maximize benefits and maintain compliance.

Resources:

Takeaways:

  • Many small business owners don’t fully understand their entity structure.
  • OB3 introduces significant tax code changes impacting individuals and businesses.
  • QBI deduction is now permanent for small business owners.
  • Income tax brackets have been adjusted, but many won’t feel the impact.
  • Retirement contributions are now tied to inflation.
  • Child tax credit will increase to $2,200 per child by 2025.
  • New senior deduction of $6,000 for those over 65.
  • SALT deduction cap increased to $40,000.
  • Qualified Opportunity Zones can defer or eliminate taxes on gains.
  • Qualified small business stock offers significant tax benefits.
  • Payroll tax compliance is essential under new rules.
  • Depreciation rules now allow faster write-offs for capital investments.
  • Proactive, long-term tax planning can save money in the long run.
  • Common tax myths can lead to poor financial decisions.
  • Asking questions is vital for entrepreneurs starting out.

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Connect with Kelly Bender: 

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Navigating Market Volatility | Insights from Q2 with Andrew Opdyke (Episode 25)

Navigating Market Volatility | Insights from Q2 with Andrew Opdyke (Episode 25)

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Summary: In this episode of Wealth on the Move, host Will Hoffman and Senior Economist Andrew Opdyke discuss the current state of the markets, focusing on the second quarter’s volatility, the Federal Reserve’s stance on interest rates and inflation, the impact of AI on business and investment, and the upcoming midterm elections. They also provide insights into portfolio strategies for the third quarter and reflect on historical lessons that can guide future decisions.

Resources:

Takeaways:

  • It’s time in the market, not timing the market that matters.
  • Data-driven insights are crucial for accurate forecasting.
  • Emotions can lead to irrational market reactions.
  • The second quarter saw significant market swings due to tariffs.
  • The Federal Reserve is cautious about cutting rates amid uncertainty.
  • AI is transforming industries and enhancing productivity.
  • Historical context is essential for understanding current market dynamics.
  • Investors should maintain a diversified portfolio.
  • The U.S. remains a strong place for business growth.
  • Perspective from history can guide future financial decisions.

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Fitness & Finance: How Discipline Builds Wealth and Wellness with Stan Vaccari (Episode 24)

Fitness & Finance: How Discipline Builds Wealth and Wellness with Stan Vaccari (Episode 24)

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Summary: In this episode of Wealth on the Move, host Will Hoffman sits down with fitness expert Stan Vaccari to explore the deep parallels between physical fitness and financial wellness. Together, they discuss how both pursuits demand discipline, accountability, and a long-term strategic mindset. Vaccari draws from his experience in health coaching to emphasize the value of online coaching, the importance of tracking progress, and the common hurdles faced when starting new fitness or financial goals. The conversation touches on the underrated power of walking, post-workout nutrition strategies, and the lifelong benefits of investing in oneself. Reflecting on personal choices and growth, Will and Stan also delve into how historical perspectives shape current trends — including the evolving role of AI in our lives. Like training for a marathon or building wealth, success is best achieved with patience, consistency, and purpose.

Resources:

Takeaways:

  • Fitness and finance are interconnected and influence each other.
  • Online coaching can provide better accountability and results than in-person training.
  • Discipline in training leads to improvements in other areas of life.
  • Starting points in fitness and finance are often the most challenging.
  • Setting clear goals and engineering a plan is crucial for success.
  • Slow and steady progress is more sustainable than quick fixes.
  • Accountability is key to maintaining fitness and financial goals.
  • Boring routines can lead to significant results over time.
  • Measuring progress is essential in both fitness and finance.
  • You don’t need expensive gadgets to track your fitness effectively.
  • Walking is a powerful fitness habit that can significantly reduce health risks.
  • Post-workout nutrition can be unconventional yet effective.
  • Investing in personal development is crucial for long-term success.
  • Life choices, such as education paths, can shape future opportunities.
  • Understanding and utilizing AI is essential for future success.

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Connect with Stan Vaccari: 

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Travel Free, Live Rich: Unlocking the Freedom Lifestyle with the Lockwoods (Episode 23 / Part 2)

Travel Free, Live Rich: Unlocking the Freedom Lifestyle with the Lockwoods (Episode 23 / Part 2)

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Summary: In Part 2 of this inspiring conversation, host Will Hoffman dives deeper with Phil and Erin Lockwood, the power couple behind Always Be Changing. This episode explores how they turned their adventurous lifestyle into a sustainable business model. They share how they monetized their YouTube channel, built income streams through brand partnerships, and revived the travel agency model with ABC Trips. Phil and Erin also unveil their online course, ‘Travel Free, Live Rich,’ aimed at helping families learn how to design, fund, and fully embrace a semi-nomadic life. From emotional parenting insights to tactical monetization advice, this episode is packed with practical wisdom for anyone dreaming of breaking the mold and living more freely.

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Takeaways:

  • Monetizing content goes beyond YouTube ads—brand deals and direct services are more lucrative.
  • ABC Trips offers personalized, relationship-driven travel planning with hands-on support.
  • Travel agents are resurging in popularity due to value-added experiences and human-level service.
  • Their online course ‘Travel Free, Live Rich’ teaches practical steps to fund and sustain global travel.
  • Content creation began casually but evolved into a key income stream through consistency and authenticity.
  • Most brand opportunities come inbound through email after building credibility and audience.
  • Loyalty programs and travel hacking make luxury experiences accessible with planning.
  • They emphasize doing it now—before kids are grown, not waiting until retirement.
  • Immersive travel (e.g. rice harvesting in the Philippines) creates lifelong family memories.
  • The biggest fear? Not money—but whether their parenting choices truly served their kids long-term.

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Connect with The Lockwoods: 

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Nomadic Living with Kids | The Lockwoods’ Journey to Intentional Wealth & Freedom (Episode 22/ Part 1)

Nomadic Living with Kids | The Lockwoods’ Journey to Intentional Wealth & Freedom (Episode 22/ Part 1)

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Summary: In this episode of Wealth on the Move, host Will Hoffman sits down with Phil and Erin Lockwood—founders of the ‘Always Be Changing’ brand. What began as a shift in educational choices for their children quickly blossomed into a transformational lifestyle change that saw their family exploring all seven continents. The Lockwoods share how they built a life that defies traditional templates—embracing asynchronous cyber schooling, running a remote business, and choosing meaning over money. They explain the philosophy behind their brand, how the pandemic shifted their priorities, and why their adventures are rooted in personal freedom and creative fulfillment. This episode offers a bold take on redefining wealth, education, and how we spend our most valuable resource—time.

Resources:

Takeaways:

  • The Lockwoods intentionally rejected the traditional 9-to-5 lifestyle to design a life rooted in experience.
  • They homeschool their children via Ignite Learning Academy, prioritizing flexibility and self-paced learning.
  • COVID-19 was a key catalyst in realizing that traditional systems (work, school) no longer served their goals.
  • They maintain a home base in Denver while traveling extensively—a semi-nomadic lifestyle.
  • Phil continues to run his marketing agency remotely while Erin contributes through content and education.
  • ‘Always Be Changing’ originated from Phil’s company culture but evolved into a lifestyle brand and philosophy.
  • Off-season travel helped make their global journey surprisingly affordable.
  • They consciously chose experience and presence with their children over financial maximization.
  • Erin finds joy and purpose in public storytelling, both as a novelist and vlogger.
  • Monetization was never the initial goal—but has become a fruitful part of their global journey.

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Connect with The Lockwoods: 

 

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Navigating Financial Uncertainty with Dr. Naomi Win (Episode 21)

Navigating Financial Uncertainty with Dr. Naomi Win (Episode 21)

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Summary: In this episode of Wealth on the Move, host Will Hoffman and behavioral finance analyst Dr. Naomi Win explore the psychological aspects of financial decision-making, particularly during periods of uncertainty. They discuss how emotions influence our financial behaviors, the importance of having a solid financial plan, and strategies for coping with market volatility. Dr. Win emphasizes the need for psychological flexibility and the impact of cultural immediacy on our responses to financial challenges. The conversation highlights the significance of learning from past experiences and adapting our financial habits accordingly. In this conversation, Will Hoffman and Naomi discuss the evolving financial habits across generations, particularly focusing on the challenges faced by younger individuals in navigating uncertainty and risk. They explore the impact of cultural shifts on financial decision-making, the importance of cultivating a mindset of possibility, and the opportunities presented by the gig economy. The discussion also emphasizes the significance of self-trust and learning from failures as essential components of financial resilience.

Resources:

Takeaways:

  • Behavioral finance examines the cognitive and emotional drivers of financial decision-making.
  • Financial uncertainty can trigger emotional responses that lead to irrational decisions.
  • Having a financial plan acts as a GPS during uncertain times.
  • Psychological flexibility is crucial for navigating financial challenges.
  • Cultural immediacy influences our reactions to financial news and market changes.
  • We often prefer certain pain over the uncertainty of potential outcomes.
  • Uncertainty is an emotional state that can cloud our judgment.
  • Learning from past financial crises can help us make better decisions in the future.
  • Our financial habits are often shaped by our upbringing and parental influences.
  • Success and failure in finance are not permanent states; adaptability is key. Most habits we develop come from our parents.
  • Younger generations are more risk-averse due to cultural shifts.
  • Building resilience through resistance is crucial.
  • Self-trust is essential for navigating uncertainty.
  • The gig economy offers unprecedented opportunities for young people.
  • Failures are instructive and necessary for success.
  • Automation can simplify financial decision-making.
  • Pursuing certainty can lead to increased anxiety.
  • Recognizing stress is the first step to managing it.
  • Revisiting options can lower anxiety and clarify goals.

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Navigating Life Financially: After Graduation (Episode 20)

Navigating Life Financially: After Graduation (Episode 20)

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Summary: In this episode of Wealth on the Move, hosts Will Hoffman and Brynn Tarbuck discuss the essential financial strategies for recent graduates and young professionals. They cover the importance of understanding one’s financial picture, budgeting effectively using the 50/30/20 rule, and the significance of saving and investing early. The conversation also highlights the necessity of financial protection through insurance and the importance of building healthy financial habits. The hosts encourage listeners to seek financial advice early in their careers and to stay informed about their financial health as they navigate life after graduation.

Resources:

 

Takeaways:

  • Graduation is an exciting time with many opportunities ahead.
  • Understanding your financial picture is crucial for success.
  • Budgeting is essential; consider the 50/30/20 rule.
  • Compounding interest is a powerful tool for wealth accumulation.
  • It’s never too early to consult a financial advisor.
  • Insurance is vital for financial protection.
  • Healthy financial habits contribute to overall well-being.
  • Investing early can lead to significant long-term gains.
  • Stay informed and proactive about your financial health.
  • The journey to wealth is a marathon, not a sprint.

 

Connect with Will Hoffman: 

 

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Protecting Your Data: Insights from Cybersecurity Expert Philip Coniglio (Episode 19)

Protecting Your Data: Insights from Cybersecurity Expert Philip Coniglio (Episode 19)

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Summary: In this episode of Wealth on the Move, host Will Hoffman and cybersecurity expert Philip Coniglio discuss the critical importance of cybersecurity in the financial services industry. They explore the tactics used by cyber criminals, common misconceptions about cybersecurity, and the real-life implications of data breaches. The conversation emphasizes the need for proactive measures to protect personal and family data, especially for busy families and retirees. Philip shares practical advice on password management, online safety for children, and building strong cybersecurity habits to minimize risks. In this conversation, Will Hoffman and Philip Coniglio discuss essential cybersecurity practices, focusing on mobile device security, protecting personal information, and assisting less tech-savvy family members. They emphasize the importance of using VPNs, multi-factor authentication, and being proactive about password management. The discussion also touches on the challenges posed by artificial intelligence in cybersecurity and offers practical tips for safe technology use while traveling. The conversation concludes with actionable steps listeners can take to enhance their cybersecurity awareness.

Resources:

 

Takeaways:

  • Cyber criminals today are basic scammers using social engineering.
  • A proactive approach to cybersecurity is essential for protection.
  • Password strength is crucial; longer passwords are significantly more secure.
  • Real-life incidents can highlight the importance of cybersecurity measures.
  • Families need to be aware of online threats, especially for children.
  • Using a password manager can simplify password security.
  • Regularly updating passwords is necessary based on their complexity.
  • Locking down children’s credit can prevent identity theft.
  • Specific credit cards for online shopping can mitigate risks.
  • Email security is a major vulnerability for individuals.  Mobile devices are vulnerable in public spaces.
  • Using public Wi-Fi can compromise your security.
  • Consider using a VPN for secure internet access.
  • Free identity protection services may not be reliable.
  • Proactive password management is crucial.
  • Educate less tech-savvy family members about online safety.
  • Multi-factor authentication adds an extra layer of security.
  • Traveling with technology requires extra precautions.
  • AI is changing the landscape of cybersecurity threats.
  • Immediate actions can significantly improve your cybersecurity.

Connect with Will Hoffman: 

Will Hoffman offers investment advice through Private Advisor Group which is a federally registered investment advisor. The opinions voiced in this content are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision.

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