Last Paycheck

Are financial "rules of thumb" the key to building wealth—or could they actually steer you off course? In this episode of the Last Paycheck Podcast, CFP Professionals Rob and Archie Hoxton dig into some of the most popular money guidelines: - Save 10% of your income - The 4% retirement withdrawal rule - The 80% replacement rule for retirement income

Rob and Archie explain where these financial shortcuts can provide clarity, especially for beginners, and when they might fall short as your money situation becomes more complex. They highlight the dangers of making emotional financial decisions, the importance of personalized financial planning, and why one-size-fits-all advice rarely works in real life.

Plus, discover practical tools on the Last Paycheck website to help you create a plan that goes beyond the basics.

🎧 If you've ever wondered whether financial "rules of thumb" really work, this episode will give you the context you need to make smarter money moves.

Get their book! Think Ahead: Ten Reasons Why You Need a Financial Planner by Rob Hoxton and Julia Connell - https://hoxtonpm.com/think-ahead-book/

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

Watch on YouTube: https://youtu.be/TpmAX2MquFA

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.

The landmark "One Big Beautiful Bill" continues to shake up the financial world — and in this part 2, we continue the conversation.

Join CFP Professional Archie Hoxton and Financial Advisor Emily Leslie on the Last Paycheck Podcast as they explore the latest wave of tax law changes and what they mean for your money — especially if you're planning for retirement or already living it.

🔍 What's inside this episode: ✅ 2017 Tax Cuts extension — who benefits now ✅ Overtime deductions that could save you big ✅ Social Security tax myths — busted ✅ Bigger breaks for seniors ✅ Major shifts to SALT (State and Local Tax) deductions ✅ New charitable giving incentives ✅ Updates to estate tax rules

Whether you're planning ahead, mid-career, or managing retirement income, this episode delivers clear, practical advice to help you navigate the evolving tax code with confidence.

Watch part 1 here → https://youtu.be/hcxD-_WnJuk

Get their book! Think Ahead: Ten Reasons Why You Need a Financial Planner by Rob Hoxton and Julia Connell - https://hoxtonpm.com/think-ahead-book/

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

Watch on YouTube: https://youtu.be/lCKtx7J9HbE

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.

The "One Big Beautiful Bill" is here — but what does it actually mean for your money?

In this episode of Last Paycheck Podcast, CFP Professional Archie Hoxton and Financial Advisor Emily Leslie break down the biggest financial legislation shakeup in years — and yes, it's only the tip of the iceberg!

They cover: 💥 Making the 2017 Tax Cuts and Jobs Act permanent 💥 A massive boost to the Child Tax Credit 💥 No tax on tips?! (Yes, seriously.) 💥 Auto loan interest deductions 💥 Brand-new "Trump Accounts" for kids — with quirky rules 💥 What's staying, what's changing, and what's still unclear

Whether you're planning for retirement, budgeting for your family, or just trying to keep up with Washington, this is the expert analysis you need to stay ahead.

Get their book! Think Ahead: Ten Reasons Why You Need a Financial Planner by Rob Hoxton and Julia Connell - https://hoxtonpm.com/think-ahead-book/

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

Watch on YouTube: https://youtu.be/hcxD-_WnJuk

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.

Certified Financial Planners Archie Hoxton and Rob Hoxton dive deep into a top concern for retirees and conservative investors: How can you grow your money in the stock market, without exposing yourself to major losses?

In this episode, Rob and Archie cover: 🔹 What Buffer ETFs are, how they work, and why their gain caps and one-year cycles matter 🔹 How Fixed Index Annuities can offer downside protection, along with their hidden fees, liquidity risks, and long-term pros and cons 🔹 Which strategy may work best for retirement planning or risk-averse investing 🔹 How to balance growth potential and capital protection in today's volatile market

Whether you're planning for retirement or looking to safeguard your savings, this episode offers clear explanations, real-world insights, and actionable advice from two seasoned CFP professionals.

Get their book! Think Ahead: Ten Reasons Why You Need a Financial Planner by Rob Hoxton and Julia Connell - https://hoxtonpm.com/think-ahead-book/

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

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

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.

Are you thinking of taking a sabbatical or carreer break? CFP Professionals Rob and Archie Hoxton walk through what that looks like in this week's episode of Last Paycheck.

Whether you're contemplating a mid-career break for personal growth, burnout recovery, further education, or a major life pivot, Rob and Archie dive into the crucial planning considerations you need to address. They discuss the financial impact of a sabbatical, including how to manage income gaps, health insurance, retirement savings, and key benefits that may be lost during time away from work. Drawing on their expertise in financial planning, they walk listeners through concrete steps to ensure a smooth and well-prepared sabbatical, whether planned or unexpected.

Rob and Archie also highlight how working with a skilled financial planner can help you identify blind spots, model scenarios, and optimize your strategy for a successful break from work and long-term retirement security.

Get their book! Think Ahead: Ten Reasons Why You Need a Financial Planner by Rob Hoxton and Julia Connell - https://hoxtonpm.com/think-ahead-book/

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

Watch on YouTube: https://youtu.be/ImMi1cy5YZI

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 The Last Paycheck Podcast, CFP Professional Archie Hoxton and Financial Advisor Jimmy Sutch break down one of the most overlooked aspects of estate planning: beneficiary designations.

Many people assume that having a will is enough, but it's not. Archie and Jimmy explain how properly assigning beneficiaries on accounts like 401(k)s, IRAs, life insurance, and even bank accounts can help your loved ones avoid probate, legal delays, and unnecessary costs.

They share real-world examples and tips on why outdated beneficiary designations can cause major issues, the difference between will provisions and beneficiary forms, primary versus contingent beneficiaries, and why both matter, as well as when and how to update your designations after life events.

Whether you're planning your legacy or simply want to ensure your assets are passed on smoothly, this episode offers clear, practical guidance to help you protect your loved ones and your wishes.

Get their book! Think Ahead: Ten Reasons Why You Need a Financial Planner by Rob Hoxton and Julia Connell - https://hoxtonpm.com/think-ahead-book/

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

Watch on YouTube: https://youtu.be/e3wJYoexfrY

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 The Last Paycheck Podcast, Certified Financial Planner professionals Archie Hoxton and Rob Hoxton tackle a common retirement dilemma: Should you help your adult children financially, and at what cost to your retirement?

They explore the emotional and financial trade-offs of supporting grown kids, including how it can impact your long-term financial security. You'll learn:

✅ When it makes sense to offer help ✅ How to set healthy financial boundaries ✅ Why your retirement plan must come first ✅ How to encourage financial independence in your children

Rob and Archie share practical strategies, real-world examples, and candid advice—like why putting on your own oxygen mask first isn't just a travel tip, but a retirement strategy too.

Get their book! Think Ahead: Ten Reasons Why You Need a Financial Planner by Rob Hoxton and Julia Connell - https://hoxtonpm.com/think-ahead-book/

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

Watch on YouTube: https://youtu.be/FOXp1kwEACg

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 the Last Paycheck Podcast, CFP Professionals Rob and Archie Hoxton dive into the roots of our financial habits by exploring the concept of "money scripts"—the core beliefs about money we pick up in childhood.

Take your money script inventory: https://www.bradklontz.com/moneyscriptstest

They discuss how these early experiences and family influences can shape our approach to saving, spending, and investing throughout life. Using both personal anecdotes and research-backed insights, Rob and Archie break down the four main money scripts: money avoidance, money worship, money status, and money vigilance. They share practical tips on how to identify your own money script and how understanding your financial mindset can help you make better decisions. They also introduce helpful resources, like the Money Scripts Inventory, and point listeners toward organizations that offer financial therapy. Tune in for actionable wisdom to reflect on your financial behavior and plan for a secure, fulfilling retirement!

Get their book! Think Ahead: Ten Reasons Why You Need a Financial Planner by Rob Hoxton and Julia Connell - https://hoxtonpm.com/think-ahead-book/

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

Watch on YouTube: https://youtu.be/aEkLk4FtTZY

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 back to the Last Paycheck Podcast! CFP Professional Rob Hoxton and Financial Advisor Jimmy Sutch dive into one of the most common questions about retirement: "How do I know if I've saved enough for retirement by now?"

Rob and Jimmy break down popular retirement savings rules of thumb, like how many times your annual salary you should have saved at different ages, and analyze real-world averages from recent surveys. They also discuss why so many people find themselves behind in saving, exploring topics like behavioral habits, present bias, and rising costs of living.

Throughout the episode, you'll get practical advice on how to catch up if you're behind, from automating your savings to maximizing employer 401(k) matches. Whether you're just starting out or nearing retirement, this episode is full of actionable insights to help you plan for a secure future.

Get their book! Think Ahead: Ten Reasons Why You Need a Financial Planner by Rob Hoxton and Julia Connell - https://hoxtonpm.com/think-ahead-book/

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

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

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.

How do you become the millionaire next door?

CFP Professionals Archie Hoxton and Rob Hoxton take a deep dive into what it truly means to be the "millionaire next door." They dispel the myths commonly perpetuated by social media, highlighting that most American millionaires are not flashy spenders but instead live simply, drive modest cars, and focus on saving rather than spending.

Drawing from decades of financial planning experience and reputable studies, the hosts share surprising statistics—like how 79% of millionaires didn't inherit their wealth and how the top millionaire careers are often quite ordinary, including engineers, accountants, teachers, management, and lawyers. They discuss the power of living below your means, consistent saving, wise debt management, and the long-term growth of investments like 401(k)s. This episode is packed with practical wisdom to inspire you on your path to financial independence and a secure retirement.

Get their book! Think Ahead: Ten Reasons Why You Need a Financial Planner by Rob Hoxton and Julia Connell - https://hoxtonpm.com/think-ahead-book/

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

Watch on YouTube: https://youtu.be/4rlgB-z-QZU

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.