Last Paycheck

One of your resolutions this year is to finally start working with a financial advisor? In this episode, Archie and Rob give their advice on exactly how to go about this.  They start by addressing the complexity of the task, given the multitude of credentials and compensation models in the industry. It's really important that you understanding your personal financial needs and concerns before seek...

Today, Archie and Rob Hoxton tackle the crucial yet often uncomfortable topic of preparing for the possibility of losing mental capacity.  With their expertise as financial advisors, they emphasize the importance of having the right legal authority and support system in place. They discuss the significance of being vigilant for signs of mental decline in oneself and aging loved ones, highlighting...

Archie and Rob dive into the complex and crucial decision of when to take Social Security benefits. They provide valuable insights and research findings on common regrets related to Social Security, emphasizing the significance of making an informed and calculated decision. They discuss the trade-offs of taking benefits early versus delaying and highlight the impact of continuing to work while rec...

Today, Archie and Rob delve into the increasingly sophisticated world of financial scams. They cover various types of scams, including checkwashing, romance scams, and paycheck schemes, providing real-life examples and valuable insights on how these scams work.  Additionally, they shed light on the alarming use of artificial intelligence in grandparent scams, emphasizing the importance of increase...

It's that time of the year when people make New Year's resolutions! In today's discussion, Archie and Rob will talk about how to create specific financial goals. They explain how goal-based planning works and how to set clear objectives and strategies to reach them. They will also discuss how becoming a "saver" is possible, even if you're facing financial difficulties, by taking small steps to rea...

Join Archie and Rob as they dive into the multifaceted realm of early retirement. They discuss the different tools at your disposal and the complexities of tapping into retirement accounts before the conventional age. They highlight the importance of having a diverse portfolio and "tax buckets" to help you have a comprehensive retirement plan. They discuss the impact of healthcare costs in retirem...

Join Archie and Rob as they discuss the changes brought about by the Secure Act 2.0. This new legislation has overhauled the legal and tax landscape of American retirement. They break down the groundbreaking provision that allows the rollover of unused 529 funds into a Roth IRA. Together, they delve into the complexities surrounding this game-changing opportunity. They discuss the maximum yearly a...

Archie and Rob  discuss the topic of certificates of deposit (CDs). A CD is a financial instrument offered by banks where you deposit money for a certain period of time and earn interest in return. They break down the mechanics of CDs, including how they used to be represented by physical certificates but now mostly appear as line items in online banking statements. They also highlight the importa...

Archie and Rob explore the topic of tax loss harvesting. They discuss its increasing popularity among financial advisors and individual investors, as well as the benefits it brings in terms of maximizing after-tax returns. Tax loss harvesting involves selling investments at a loss to offset taxable gains or income. Rob shares his experience of manually harvesting losses at the end of each year, bu...

Archie and Rob delve into the topic of Health Savings Accounts (HSAs) and the tax advantages they offer. As certified financial planners, they bring their expertise to explain how HSAs can provide significant tax savings and work as a powerful investment tool. Throughout the episode, they discuss the basics of HSAs, including how they function and who is eligible to open one. They also highlight t...

Rob and Archie dive into the topic of pensions. They begin by discussing the rarity of pension plans in today's workforce and highlight the importance of knowing if you have a pension, even if you've left the company that provided it.  They explain what a pension is - a defined benefit plan where the employer makes contributions to a portfolio of investments to provide a guaranteed income or a lum...

Rob and Archie dive into the topic of interest rates and their impact on various financial situations.  They discuss the recent increase in interest rates and how it is finally benefiting savers, particularly retirees who rely on CDs for interest income. They explore the historical context of interest rates, starting with the financial crisis of 2008 and the subsequent low interest rate environmen...

Archie and Eric Lewis, CPA continue their conversation on 4th quarter action items to save on taxes.  Eric has worked in public accounting and hi-tech finance since 1995. Most recently, he was Executive Director of Walker Ventures, a $100 million early stage venture capital fund located near Baltimore, Maryland. Eric has served as Chief Financial Officer at two venture capital-backed high tech com...

Archie and Rob discuss this spooky mistake you could make: not matching your investment portfolio to your time horizon. This episode on YouTube: https://youtu.be/XnzqS0RAOaM   Listen in on conversations with Certified Financial Planners Archie and Rob Hoxton as they share weekly wisdom to help you retire and stay retired. Have you ever wondered what it will feel like when you get your last paychec...

Archie and Eric Lewis, CPA will cover 4th quarter action items to save on taxes. Eric has worked in public accounting and hi-tech finance since 1995. Most recently, he was Executive Director of Walker Ventures, a $100 million early stage venture capital fund located near Baltimore, Maryland. Eric has served as Chief Financial Officer at two venture capital-backed high tech companies and has worked...

Rob and Scott continue their conversation from last week, sharing more advice on retiree health insurance. In this episode, they focus more on Medicare Supplement plans and how to choose the right one for you.  Scott's bio:  With Scott's 25 years of experience working in insurance, he is a great resource as the Senior Account Executive for Medicare BackOffice. His goal is to help advisors and agen...

Rob welcomes Scott Aschoff from Medicare Back Office to the show, and the two discuss retiree health insurance. With open enrollment right around the corner, Rob and Scott provide valuable insights and information for those nearing retirement and considering their healthcare options.  Scott's bio:  With Scott's 25 years of experience working in insurance, he is a great resource as the Senior Accou...

Listen in on conversations with Certified Financial Planners Archie and Rob Hoxton as they share weekly wisdom to help you retire and stay retired. Have you ever wondered what it will feel like when you get your last paycheck? Whether it's excitement, anxiety, or anything in between, this show is for you. If you'd like to chat with Rob or Archie further, please schedule a consultation: https://cal...

Archie and Rob delve deeper into the topic of annuities. Rob shares a real-life example of a client who felt trapped in an annuity due to low interest rates and a long surrender charge period. They explain how annuities often involve high fees and surrender charges, and emphasize the importance of reading the prospectus and understanding what you're buying before making the investment. They touch...

This week, Archie and Rob dive into the often controversial topic of annuities. They start off by defining what annuities are and how they were initially invented to mitigate the risk of outliving one's money.  Throughout the episode, they discuss the different types of annuities, including immediate and deferred annuities, variable and fixed annuities, and fixed index annuities. Archie and Rob ex...

Today, Rob and Archie discuss the role of bonds in a retirement portfolio. They explain the differences between stocks and bonds, how bonds work, and the risks associated with owning bonds.  They also discuss why owning bonds in retirement can be beneficial despite lower expected returns compared to stocks as bonds may provide stability and income during market downturns.   This episode on YouTube...

5 Reasons you may actually need life insurance while you are retired.    This episode on YouTube: https://youtu.be/-uP-1SZNJ_8     Listen in on conversations with Certified Financial Planners Archie and Rob Hoxton as they share weekly wisdom to help you retire and stay retired. Have you ever wondered what it will feel like when you get your last paycheck? Whether it's excitement, anxiety, or anyth...

Can you predict the financial future of the markets? This episode breaks down ways to stay prepared, and what not to do when it comes to trying to read the economic tea leaves.   This episode on YouTube: https://youtu.be/HvxVOVcnAMI     Listen in on conversations with Certified Financial Planners Archie and Rob Hoxton as they share weekly wisdom to help you retire and stay retired. Have you ever w...

Savvy ways to maximize your tax benefits when giving in your retirement years.   This episode on YouTube: https://youtu.be/H2fNHS3BcVI     Listen in on conversations with Certified Financial Planners Archie and Rob Hoxton as they share weekly wisdom to help you retire and stay retired. Have you ever wondered what it will feel like when you get your last paycheck? Whether it's excitement, anxiety,...

You may not like stocks and the risks that come with owning them. However, few other assets have the same history of building wealth. Tune in to learn why you may want reconsider this bias.   This episode on YouTube: https://youtu.be/0iMVvkZNMIo   Listen in on conversations with Certified Financial Planners Archie and Rob Hoxton as they share weekly wisdom to help you retire and stay retired. Have...