Last Paycheck

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 lump sum payout upon retirement. They discuss the benefits of pension plans, such as not having to bear the investment risk and the advantage of professional management.

This episode on YouTube: https://youtu.be/vPHIicWDSPs

Mentioned website links - https://unclaimedretirementbenefits.com/

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.

Visit: http://www.thelastpaycheck.com

If you'd like to chat with Rob or Archie further, please schedule a consultation: https://calendly.com/archiehoxton/last-paycheck-consultation

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 environment. They explain how the Federal Reserve's strategies to stimulate the economy and control inflation have influenced interest rates over the years.

This episode on YouTube: https://youtu.be/DOk5jD_jVnk

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.

Visit: http://www.thelastpaycheck.com

If you'd like to chat with Rob or Archie further, please schedule a consultation: https://calendly.com/archiehoxton/last-paycheck-consultation

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 companies and has worked with large regional CPA firms in auditing, tax and business consulting.

Eric serves on the Board of Governors of his alma mater, Shepherd University, having been appointed by Governor Earl Ray Tomblin in February 2016. Eric also serves on the Board of Directors of Jefferson Security Bank, the Shepherd Entrepreneurship and Research Corporation, the Shepherd University Foundation, Shepherd University Athletic Club, and West Virginia Vision Shared. Eric also previously served on the West Virginia School Building Authority, as he was appointed by Governor Joe Manchin and reappointed by Governor Tomblin. He has previously served as Chairman of the West Virginia Venture Connection, a nonprofit created by Senator John D. Rockefeller IV and on the Boards of the Jefferson County Development Authority, Jefferson County Chamber of Commerce, Jefferson County Farm Bureau, Shepherd University Alumni Association and the Jefferson County Schools Education Foundation. Eric graduated cum laude from Shepherd College with a Bachelor's degree in Accounting and lives in Shepherdstown with his wife and two children.

This episode on YouTube: https://youtu.be/I8BS0rh7zZY

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.

Visit: http://www.thelastpaycheck.com

If you'd like to chat with Rob or Archie further, please schedule a consultation: https://calendly.com/archiehoxton/last-paycheck-consultation

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 paycheck? Whether it's excitement, anxiety, or anything in between, this show is for you.

Visit: http://www.thelastpaycheck.com

If you'd like to chat with Rob or Archie further, please schedule a consultation: https://calendly.com/archiehoxton/last-paycheck-consultation

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 with large regional CPA firms in auditing, tax and business consulting.

Eric serves on the Board of Governors of his alma mater, Shepherd University, having been appointed by Governor Earl Ray Tomblin in February 2016. Eric also serves on the Board of Directors of Jefferson Security Bank, the Shepherd Entrepreneurship and Research Corporation, the Shepherd University Foundation, Shepherd University Athletic Club, and West Virginia Vision Shared.

Eric also previously served on the West Virginia School Building Authority, as he was appointed by Governor Joe Manchin and reappointed by Governor Tomblin. He has previously served as Chairman of the West Virginia Venture Connection, a nonprofit created by Senator John D. Rockefeller IV and on the Boards of the Jefferson County Development Authority, Jefferson County Chamber of Commerce, Jefferson County Farm Bureau, Shepherd University Alumni Association and the Jefferson County Schools Education Foundation. Eric graduated cum laude from Shepherd College with a Bachelor's degree in Accounting and lives in Shepherdstown with his wife and two children.

This episode on YouTube: https://youtu.be/PCZNHnGHxdw

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.

Visit: http://www.thelastpaycheck.com

If you'd like to chat with Rob or Archie further, please schedule a consultation: https://calendly.com/archiehoxton/last-paycheck-consultation

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 agents provide a resource to help their clients with their Medicare needs.

Scott has worked both as an agent and advisor and directly with clients which makes him the perfect fit with Medicare BackOffice.

Scott is from a small town of 600 people called Howells, NE. He and his wife Sara have three children together, two daughters and a son. He enjoys sports, especially basketball and Nebraska football. When he isn't watching sports he will be found watching Seinfeld and The Office.

Scott's contact info:

[email protected]

https://www.medicarebackoffice.com

This episode on YouTube: https://youtu.be/664EYKNlrWI

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.

Visit: http://www.thelastpaycheck.com

If you'd like to chat with Rob or Archie further, please schedule a consultation: https://calendly.com/archiehoxton/last-paycheck-consultation

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 Account Executive for Medicare BackOffice. His goal is to help advisors and agents provide a resource to help their clients with their Medicare needs.

Scott has worked both as an agent and advisor and directly with clients which makes him the perfect fit with Medicare BackOffice.

Scott is from a small town of 600 people called Howells, NE. He and his wife Sara have three children together, two daughters and a son. He enjoys sports, especially basketball and Nebraska football. When he isn't watching sports he will be found watching Seinfeld and The Office.

Scott's contact info:

[email protected]

https://www.medicarebackoffice.com

This episode on YouTube: https://youtu.be/G9097bs4zPw

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.

Visit: http://www.thelastpaycheck.com

If you'd like to chat with Rob or Archie further, please schedule a consultation: https://calendly.com/archiehoxton/last-paycheck-consultation

In this episode, Archie and Rob address the common question of how much money is needed to retire. They address the expectation it's a million dollars, emphasizing that the answer depends on individual circumstances. Archie and Rob discuss the concept of the safe withdrawal rate, which is the percentage of investment savings used for living expenses in retirement. They explain that finding the right balance is crucial to ensure the portfolio continues to grow while providing enough income for a comfortable retirement. They also caution against the dangerous mindset of feeling entitled to a certain lifestyle without proper financial planning.

This episode on YouTube: https://youtu.be/n0lXoR1fqbc

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.

Visit: http://www.thelastpaycheck.com

If you'd like to chat with Rob or Archie further, please schedule a consultation: https://calendly.com/archiehoxton/last-paycheck-consultation

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 on various options for getting out of an annuity, including surrendering the contract beyond the surrender charge and the tax implications involved.

This episode on YouTube: https://youtu.be/XCwMrPp7q2c

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.

Visit: http://www.thelastpaycheck.com

If you'd like to chat with Rob or Archie further, please schedule a consultation: https://calendly.com/archiehoxton/last-paycheck-consultation

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 explain how annuities can help mitigate investment risks, provide guaranteed income streams, and offer preferential tax treatment.

However, they also caution listeners about the complexity of annuities and the potential for substantial commissions associated with them.

This episode on YouTube: https://youtu.be/o2rXsTHg__M

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.

Visit: http://www.thelastpaycheck.com