Money, Taxes & Freedom

Bryan Hopkins & Shane Hopkins discuss how vital planning is in even enjoying one’s time in retirement. Bryan and Shane share some great stories on how successful people they know plan their travel, serve in their communities, and goal-plan in retirement. They also share the satisfaction that people have when they achieve their goals and how doing so seems to slow down the aging process....

Bryan and Shane Hopkins talk about how moving to another state can be a big hit to the wallet. Bryan and Shane discuss insurance and taxes, along with basic utilities and vehicle registration. And they talk about not only healthcare costs, but healthcare availability and they share which states are ranked as the most affordable. Schedule a complimentary consultation with Hopkins Wealth Management...

Bryan Hopkins & Shane Hopkins examine the idea of owning versus renting, especially for business owners. Bryan and Shane lay out four pros of owning real estate, particularly appreciation. But they also share four cons, including expenses, that people need to consider. And they share why this decision – and any decision involving money – should be made with the consultation of a fi...

Bryan and Shane Hopkins discuss three big buckets where people should consider a financial advisor and why: life/career events, financial roadmap, and taxes. The father and son duo explain how they see these scenarios plan out every day and why financial planning – versus financial reactions – is the way to go. Schedule a complimentary consultation with Hopkins Wealth Management Group...

Bryan and Shane Hopkins do a deep dive on the retirement income vehicle known as an annuity. Bryan explains why they have a bad rap and how some advisors have misused annuities. Shane defines several different kinds of them and how they are an insurance for outliving your assets. Bryan also details how to balance fees with taxes paid on different types of annuities. And they both share how they ar...

Bryan and Shane Hopkins discuss funding college. Bryan and Shane break down five vehicles for saving money for it and how they can be beneficial to taxes. They also explain the benefits of starting this process early and what to do with leftover college funds. And Bryan shares a great story about a small financial gift his wife received that has grown exponentially. Schedule a free consultation wi...

Bryan and Shane Hopkins discuss teaching children about money. Bryan covers six areas that he focused on with his sons and has learned about from his clients: allowance, tithing, savings goals, vacation budgeting, college planning, and first cars and phones. Shane shares some stories of growing up with Bryan’s tutelage and some tough lessons he had to learn about delayed gratification. Get i...

Shane and Bryan Hopkins talk with listeners about the importance of focusing on more than wealth. Shane shares some tips on nurturing one’s health and Bryan tells a story of three people in their lives that are elderly and in vastly different health states. Bryan also talks about the importance of spending time with kids and valuing experiences with them more than savings. Get in touch with...

Bryan and Shane Hopkins discuss what required minimum distributions are. They share the age that people should take them, what accounts have RMDs, the penalties for not taking RMDs on time, and the strategies to minimize the tax burdens. Bryan and Shane also discuss how they handled Thanksgiving and the cooking competitions they have had.  Get in touch with Bryan and Shane today by visiting t...

Bryan and Shane Hopkins break down how real estate has a greater return in a retirement portfolio and is lower maintenance than people think. The father and son talk about different kinds of property and the different ways in which it can be invested and compare this type of investment to more traditional stocks and bonds. Bryan and Shane also rib each other about who deep fries the better turkey...

Bryan and Shane Hopkins discuss the difficulty of deciding how to compensate family members inside a family business. Bryan and Shane draw upon their experiences to share with listeners from whom they should seek advice and how they should assign roles based on their family member’s skills. Bryan and Shane also discuss becoming a grandfather and uncle, respectively, and how much fun they hav...

Bryan & Shane delve into the complexities of retirement planning, focusing on the effective use of 401(k) accounts, the differences between Roth and traditional retirement accounts, and the importance of tax planning. They discuss generational perspectives on retirement savings, emphasizing the need for early financial education and strategic planning to maximize retirement income while minimi...

Bryan & Shane discuss the current economic climate characterized by recession fears and market volatility. They emphasize the importance of having a solid financial plan and remaining logical during uncertain times. The conversation covers strategies for managing investments, the risks of trying to time the market, and the significance of maintaining cash reserves and paying off high-interest...

Bryan and Shane discuss the challenges and strategies for running a successful family business. They emphasize the importance of separating family dynamics from business operations and highlight the need for clear roles, responsibilities, and communication within the organization. The conversation also touches on the statistics of family businesses and the potential difficulties in transitioning f...

It’s said that nothing in this world is certain but death and taxes. But why leave certainty up to chance? The right advice can point you in a freer, more informed direction. That’s the goal of Money, Taxes, and Freedom , the financial planning podcast from Hopkins Wealth Management Group. Money, Taxes, and Freedom gives you the straight talk on the factors affecting your future, from developments...

The conversation discusses the factors to consider when deciding when to take Social Security. The three main factors are health, heredity, and human nature. Health is important because it affects how long you will live and therefore how long you will receive Social Security benefits. Heredity is also important because it can give you an idea of how long you are likely to live based on your family...