Last Paycheck

In this episode of the Last Paycheck Podcast, CFP Professionals Rob and Archie Hoxton delve into the intriguing connection between financial planning and longevity. Inspired by a recent Wall Street Journal article, they explore how higher net worth and income can correlate with longer life expectancy. The discussion emphasizes the critical role of financial planning in affording better healthcare, healthier diets, and reduced stress, which collectively contribute to an extended lifespan.

They navigate through the eye-opening research, uncovering alarming statistics about the US healthcare system and the financial challenges faced by many Americans. Tune in as Archie and Rob offer valuable insights, actionable advice, and underscore the importance of taking control of your financial well-being to secure not just a comfortable retirement, but potentially a longer, healthier life.

Call or text Hoxton Planning & Management: +1 (304) 876-2619 and visit their website www.hoxtonpm.com

Watch on YouTube: https://youtu.be/3dAyWslPglA

Listen in on conversations with CFP Professionals 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.

Visit: http://www.thelastpaycheck.com

Last Paycheck contains general information that is not suitable for everyone and was prepared for informational purposes only. Nothing contained in the presentation should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice. Archie and Rob are investment advisor representatives of Hoxton Planning and Management LLC, a registered investment advisor.

Happy New year! In the first episode of Last Paycheck Podcast in 2025, CFP Professionals Rob and Archie Hoxton tackle the timely topic of New Year's resolutions—this time, with a financial twist. Tired of the usual "lose weight" promise, Rob explores more impactful financial goals. Archie suggests quick wins like bumping up your 401(k) contributions, setting up Roth IRAs, and establishing health savings accounts (HSAs).

They also dive into more labor-intensive but crucial tasks. They emphasize the long-term benefits of automating savings and rebalancing investments, encouraging listeners to set and forget these pivotal actions. With actionable advice that you can implement starting January 1st, this episode serves as your guide to achieving financial wellness throughout the year. Tune in to learn how to make resolutions that prepare you for the future, ensuring you retire and stay retired-comfortably.

Call or text Hoxton Planning & Management: +1 (304) 876-2619 and visit their website www.hoxtonpm.com

Watch on YouTube: https://youtu.be/Y-S89AKZXx4

Listen in on conversations with CFP Professionals 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.

Visit: http://www.thelastpaycheck.com

Last Paycheck contains general information that is not suitable for everyone and was prepared for informational purposes only. Nothing contained in the presentation should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice. Archie and Rob are investment advisor representatives of Hoxton Planning and Management LLC, a registered investment advisor.

In this episode of Last Paycheck Podcast, CFP Professionals Rob and Archie Hoxton dive into a commonly faced financial dilemma: what to do with life insurance policies and annuities that no longer seem necessary.

They explore a range of solutions, starting with simply retaining the policy, which could still fulfill vital financial needs. The discussion extends to potential pitfalls like surrender charges, market value adjustments, and tax implications for those considering canceling their policies. Rob and Archie also educate listeners on the tax-saving benefits of a 1035 exchange. Emphasizing the importance of informed decision-making and fiduciary advice, they aim to ensure listeners avoid rash moves that could lead to financial losses.

Call or text Hoxton Planning & Management: +1 (304) 876-2619 and visit their website www.hoxtonpm.com

Watch on YouTube: https://youtu.be/Vw3ymAlt_sI

Listen in on conversations with CFP Professionals 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.

Visit: http://www.thelastpaycheck.com

Last Paycheck contains general information that is not suitable for everyone and was prepared for informational purposes only. Nothing contained in the presentation should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice. Archie and Rob are investment advisor representatives of Hoxton Planning and Management LLC, a registered investment advisor.

Welcome to Last Paycheck Podcast, CFP Professionals Rob and Archie Hoxton discuss strategies to boost your retirement savings as you approach the end of your career. With practical advice targeted at individuals within three to five years of retiring, they break down four actionable steps to supercharge your savings.

Topics include maximizing contributions to tax-favored accounts like IRAs and 401ks, diversifying the tax treatment of your investments, adjusting your asset allocation to balance risk and growth, and the critical importance of having a comprehensive financial plan. They also dive into recent changes in retirement laws, such as the Secure 2.0 Act, that impact catch-up contributions. Whether you're behind on your savings or just seeking last-minute tips, this episode offers essential guidance to help you secure a comfortable and financially stable retirement.

Call or text Hoxton Planning & Management: +1 (304) 876-2619 and visit their website www.hoxtonpm.com

Watch on YouTube: https://youtu.be/rqPZB80w0GA

Listen in on conversations with CFP Professionals 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.

Visit: http://www.thelastpaycheck.com

Last Paycheck contains general information that is not suitable for everyone and was prepared for informational purposes only. Nothing contained in the presentation should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice. Archie and Rob are investment advisor representatives of Hoxton Planning and Management LLC, a registered investment advisor.

Welcome to this week's episode of Last Paycheck Podcast! CFP Professionals Rob and Archie Hoxton take you back to the basics of navigating investment vehicles, focusing on some of the most common yet often misunderstood options. They break down the essentials of stocks and bonds, explaining how owning shares of a company or lending money through bonds can impact your retirement portfolio.

The episode also dives into mutual funds and exchange-traded funds (ETFs), highlighting their similarities, differences, and potential advantages and disadvantages. Mutual funds, with their broad diversification but potential tax inefficiencies, are contrasted with the more tax-efficient and often lower-cost ETF options. This informative session aims to demystify financial jargon and provide listeners with the confidence to ask basic investment questions without fear.

Come back next week to learn more about alternatives as a type of investment!

Call or text Hoxton Planning & Management: +1 (304) 876-2619 and visit their website www.hoxtonpm.com

Watch on YouTube: https://youtu.be/ylO5lBzLGbA

Listen in on conversations with CFP Professionals 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.

Visit: http://www.thelastpaycheck.com

Last Paycheck contains general information that is not suitable for everyone and was prepared for informational purposes only. Nothing contained in the presentation should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice. Archie and Rob are investment advisor representatives of Hoxton Planning and Management LLC, a registered investment advisor.

In this episode of theLast Paycheck Podcast, CFP Professionals Archie and Rob Hoxton talk about the significant upcoming changes impacting retirement accounts. They explore new rules for 401ks, simple IRAs, and inherited IRAs, providing vital clarifications for those approaching retirement. Key topics include the increased contribution limits known as "super catch-up" for individuals aged 60 to 63, and the shift towards Roth contributions for catch-ups.

They also discuss the introduction of automatic opt-in systems for 401ks, designed to encourage consistent saving habits. Additionally, they address new guidelines on required minimum distributions for inherited IRAs.

Call or text Hoxton Planning & Management: +1 (304) 876-2619 and visit their website www.hoxtonpm.com

Watch on YouTube: https://youtu.be/MIyz1GamVLc

Listen in on conversations with CFP Professionals 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.

Visit: http://www.thelastpaycheck.com

Last Paycheck contains general information that is not suitable for everyone and was prepared for informational purposes only. Nothing contained in the presentation should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice. Archie and Rob are investment advisor representatives of Hoxton Planning and Management LLC, a registered investment advisor.

Let's talk taxes! In this episode of Last Paycheck Podcast, CFP professionals Archie Hoxton and Rob Hoxton dive into essential year-end tax planning strategies to help you maximize your financial health. As the year rapidly comes to a close, they discuss key moves that could make a significant difference when filing for the 2024 tax year. Topics include the anticipated changes in tax legislation, optimizing traditional IRA contributions, the power of Health Savings Accounts (HSAs), and the benefits of 529 college savings plans.

They also explore smart charitable giving strategies through donor-advised funds and Qualified Charitable Distributions (QCDs). This episode is packed with actionable insights to reduce your tax burden and enhance your financial strategy, making it a must-listen for anyone looking to take control of their financial future. Tune in and get expert advice from Certified Financial Planners dedicated to helping you retire and stay retired.

Call or text Hoxton Planning & Management: +1 (304) 876-2619 and visit their website www.hoxtonpm.com

Watch on YouTube: https://youtu.be/wdyRSPylX_g

Listen in on conversations with CFP Professionals 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.

Visit: http://www.thelastpaycheck.com

Last Paycheck contains general information that is not suitable for everyone and was prepared for informational purposes only. Nothing contained in the presentation should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice. Archie and Rob are investment advisor representatives of Hoxton Planning and Management LLC, a registered investment advisor.

In this week's episode of Last Paycheck Podcast, our hosts, CFP professionals Rob and Archie Hoxton, tackle the crucial yet often overlooked topic of cognitive decline in retirement. They explore how cognitive issues pose both health and financial risks, affecting decision-making abilities and financial stability. Rob and Archie emphasize the importance of proactive planning, such as appointing a durable power of attorney and consulting trusted advisors, to mitigate these risks.

With personal anecdotes and practical advice, this episode serves as a comprehensive guide to safeguarding your financial well-being as you age. Tune in for essential tips to help you retire and stay retired.

Call or text Hoxton Planning & Management: +1 (304) 876-2619 and visit their website www.hoxtonpm.com

Watch on YouTube: https://youtu.be/y09jwysECgY

Listen in on conversations with CFP Professionals 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.

Visit: http://www.thelastpaycheck.com

Last Paycheck contains general information that is not suitable for everyone and was prepared for informational purposes only. Nothing contained in the presentation should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice. Archie and Rob are investment advisor representatives of Hoxton Planning and Management LLC, a registered investment advisor.

In this week's episode of Last Paycheck Podcast, CFP professionals Rob and Archie Hoxton dive into the often-overlooked topic of overspending in today's frictionless financial landscape. Rob and Archie shed light on the complexities of staying within one's means, especially in an era where digital payment methods make it effortless to spend money mindlessly. They discuss how being mindful of your expenditures is crucial, particularly during retirement when income is fixed.

They emphasize the significant impact of subscription services, contactless payments, and even digital pickpocketing on our financial habits. They also explore old-fashioned yet effective budgeting techniques like the cash envelope system and manual expense tracking, offering practical advice for bringing financial discipline back into your life.

Call or text Hoxton Planning & Management: +1 (304) 876-2619 and visit their website www.hoxtonpm.com

Watch on YouTube: https://youtu.be/zl73gHLMOEw

Listen in on conversations with CFP Professionals 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.

Visit: http://www.thelastpaycheck.com

Last Paycheck contains general information that is not suitable for everyone and was prepared for informational purposes only. Nothing contained in the presentation should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice. Archie and Rob are investment advisor representatives of Hoxton Planning and Management LLC, a registered investment advisor.

In this week's episode of the Last Paycheck Podcast, CFP Professionals Archie and Rob Hoxton delve into the recent announcement of the 2025 Social Security cost of living adjustment (COLA). Set at 2.5%, this figure has left many retirees concerned about its impact amidst rising prices. Archie and Rob discuss the calculation methods used by the Department of Labor, explaining how the Consumer Price Index for Urban Wage Earners (CPIW) determines these adjustments.

They emphasize that while Social Security COLAs are beneficial, they are not sufficient to fully hedge against inflation's effects on retirees. They offer insights into delaying Social Security benefits for potentially higher payouts and address common concerns about the program's solvency. Tune in to gain a clearer understanding of Social Security adjustments and practical advice on preparing for a financially secure retirement.

Call or text Hoxton Planning & Management: +1 (304) 876-2619 and visit their website www.hoxtonpm.com

Watch on YouTube: https://youtu.be/gOcVqf0j5sk

Listen in on conversations with CFP Professionals 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.

Visit: http://www.thelastpaycheck.com

Last Paycheck contains general information that is not suitable for everyone and was prepared for informational purposes only. Nothing contained in the presentation should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice. Archie and Rob are investment advisor representatives of Hoxton Planning and Management LLC, a registered investment advisor.