The Finance Things in Life

What does your self-worth have to do with your net worth?More than you might think.In this episode of The Finance Things in Life, Matt and Anthony Pitti sit down with Alana Cummings of Super Bloom Coaching to talk about the often-overlooked psychology behind the way we earn, spend, save, invest and think about wealth and money.Our financial decisions aren't made in a vacuum. Many of our beliefs about money are shaped long before we're adults by our parents, our upbringing, our experiences and the things we've been taught about what money means.So what happens when those beliefs no longer serve us?The conversation explores everything from leaving the corporate world and building a business to financial confidence, women taking a more active role in household finances, spending vs. saving, wealth and identity, and the upcoming generational transfer of wealth.In this episode, we discuss:

• The connection between *self-worth and net worth*
• Burnout and changing careers
• Why women are increasingly taking a more active role in household finances
• The importance of both partners understanding their financial plan
• How fear and emotion can influence financial decisions
• The money beliefs we inherit from our families
• Scarcity, abundance and our relationship with wealth
• Finding a healthy balance between saving for the future and enjoying your life today

About Alana:

Alana Cummings is a coach who works primarily with professionals looking to build confidence, trust themselves, strengthen their leadership and create a more fulfilling life. Her coaching focuses on helping clients identify blind spots, create intentional goals and take action toward the person they want to become.About The Pitti Group Wealth Management:

The Pitti Group Wealth Management helps individuals and families navigate the financial decisions that matter most from retirement and investment planning to building, protecting and passing on wealth.Follow The Finance Things in Life for more conversations about money, investing, financial planning and the things that happen in life that affect your finances.Subscribe to the podcast on YouTube, Spotify and Apple Podcasts.Disclosure:

The content and information provided through the links should not be interpreted as being investment advice or a recommendation of suitability for any particular security, portfolio of securities, transaction, or investment strategy, or related decision. Please seek assistance from a qualified investment professional for any and all investment matters.The information provided is for educational and informational purposes only and does not constitute investment advice, and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status, or investment horizon. You should consult your attorney or tax advisor.The views expressed in this commentary are subject to change based on market and other conditions. These documents may contain certain statements that may be deemed forward‐looking statements. Please note that any such statements are not guarantees of any future performance and actual results or developments may differ materially from those projected. Any projections, market outlooks, or estimates are based upon certain assumptions and should not be construed as indicative of actual events that will occur.The Pitti Group Wealth Management, LLC (“The Pitti Group”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where The Pitti Group and its representatives are properly licensed or exempt from licensure.

Healthcare is one of the biggest financial and personal considerations we face throughout our lives, but understanding how the system works can be complicated. In this episode of The Finance Things in Life, Matt and Sal sit down with Mike Stapleton, CEO of Thompson Health, to talk about the realities of healthcare today and what individuals and families should be thinking about as they age. Mike shares his perspective from decades in healthcare, beginning as a patient care technician and nurse before moving into hospital administration and ultimately becoming CEO of Thompson Health. The conversation covers everything from choosing between primary care, urgent care and the emergency department to the financial pressures facing hospitals, the role of Medicare and Medicaid, long-term care planning, preventive care, artificial intelligence, staffing, and the future of healthcare in our local community. In this episode, we discuss:

• Why knowing where to seek care can make a difference in both outcomes and cost
• When primary care, urgent care or the emergency department may be appropriate
• Why community hospitals play such an important role
• How Medicare, Medicaid, commercial insurance and self-pay affect hospital finances
• The financial pressures facing healthcare providers
• How AI is already changing healthcare and documentation
• Healthcare staffing and why retention matters
• The importance of preventive care and regular screenings
• What families should know about long-term care
• Why long-term care planning can be a critical part of retirement planning
• Healthcare proxies and having conversations about end-of-life wishes
• The future of Thompson Health and its planned expansion
• Mike's advice on starting to save and invest early

About The Finance Things in Life

The Finance Things in Life is a podcast from The Pitti Group Wealth Management exploring the financial decisions, conversations and life events that shape our financial futures. Have a topic you'd like us to cover? Send us your questions. Follow The Finance Things in Life on Spotify, Apple Podcasts and YouTube.thepittigroup.comHeadquartered in Victor, NY | Serving you 'round the globe!Disclosures:The content and information provided through the links should not be interpreted as being investment advice or a recommendation of suitability for any particular security, portfolio of securities, transaction, or investment strategy, or related decision. Please seek assistance from a qualified investment professional for any and all investment matters.The information provided is for educational and informational purposes only and does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status, or investment horizon. You should consult your attorney or tax advisor.The views expressed in this commentary are subject to change based on market and other conditions. These documents may contain certain statements that may be deemed forward‐looking statements. Please note that any such statements are not guarantees of any future performance and actual results or developments may differ materially from those projected. Any projections, market outlooks, or estimates are based upon certain assumptions and should not be construed as indicative of actual events that will occur.The Pitti Group Wealth Management, LLC (“The Pitti Group”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where The Pitti Group and its representatives are properly licensed or exempt from licensure.

What happens when you're ready to retire from your business—but you're not sure what it's actually worth? 

For many business owners, their company represents one of their largest assets. Yet, as Dean Lobrutto explains in this episode of The Finance Things in Life, surprisingly few owners have a professional understanding of the value of their business or have started planning for what comes next. 

In Episode 9, Matt and Anthony sit down with Dean Lobrutto of ValueCap, Inc. to talk about business valuation, succession planning, mergers and acquisitions, preparing a business for sale, due diligence, deal structure, taxes, key employees, and what it really takes to create transferable business value. 

Dean brings nearly two decades of experience helping business owners navigate buying, selling and transitioning businesses. 

And one of the biggest takeaways from the conversation? 

You shouldn't wait until you're ready to sell to start preparing your business for an exit. 

In this episode, we discuss: 

• When a business owner should begin talking with an M&A advisor  

• Why business valuation should happen years before a potential sale  

• How M&A advisors work alongside CPAs, attorneys, bankers and financial planners  

• The difference between selling to a third party and an internal transition  

• What buyers look for during due diligence  

• Why financial records can make or break a deal  

• The difference between asset sales and stock sales  

• How deal structure can affect taxes  

• Why key employees can be critical to a successful transition  

• The risks associated with seller financing  

• Why selling isn't always the only option  

• How reducing an owner's involvement can potentially increase transferable value  

• Why business owners should know what their company is worth before they need to know  

• How taxes can affect what a business owner actually keeps from a sale  

• Why assembling the right professional team years in advance can make a major difference  

About The Finance Things in Life 

The Finance Things in Life is brought to you by The Pitti Group Wealth Management, where we believe financial planning is about more than investments—it's about preparing for the transitions, opportunities and decisions that shape your life. 

If you're a business owner thinking about retirement, succession or the future of your company, this conversation is one you'll want to hear. 

Like, comment and subscribe for more conversations about the financial things that happen in real life. 

Disclosure: 

The information provided in this podcast is for educational and informational purposes only and should not be construed as individualized investment, financial, tax, legal, accounting, or business valuation advice. Dean and ValueCap Inc are not employees or affiliated with The Pitti Group Wealth Management, and the views expressed in the podcast are his own. Tax, legal, and transactional considerations vary based on individual circumstances. Listeners should consult with their own qualified tax, legal, accounting, and other professionals regarding specific circumstances. Any examples discussed are provided for illustrative purposes only, and no particular transaction or financial outcome is guaranteed.   

When should you start taking Social Security?  

At 62?  

Full retirement age?  

70?  

And how could your decision affect your spouse, your retirement income, or even your long-term financial plan? 

In Episode 8 of The Finance Things in Life, Matt and Anthony sit down with Jim Pashalidis, a Registered Social Security Analyst and Medicare professional, for a candid conversation about some of the biggest questions people have when it comes to Social Security and retirement planning. 

They cover the basics of claiming Social Security, while also diving into the areas that can make the decision much more complicated—including spousal benefits, divorced-spouse benefits, working while collecting Social Security, your 35-year earnings history, longevity, break-even considerations, Medicare enrollment, and concerns about the future of Social Security. 

Most importantly, this episode emphasizes one major lesson: there isn't one Social Security strategy that works for everyone. 

Your age, earnings history, marital status, retirement assets, health and longevity considerations, and overall financial plan can all influence what makes sense for you. 

In this episode, you'll learn about: 

• Why claiming Social Security at 62 isn't automatically the right choice  

• How waiting until full retirement age or 70 can affect your benefit  

• How working while collecting Social Security can affect benefits before full retirement age  

• How Social Security spousal benefits work  

• How one spouse's claiming decision can affect the other spouse  

• What divorced individuals should know about Social Security benefits  

• The importance of your 35-year earnings history  

• Why creating your Social Security account early can be valuable  

• Whether Social Security will still be there in the future  

• How retirement planning can reduce your dependence on Social Security  

• Why getting a second opinion or professional guidance can be valuable  

Disclosure: The Pitti Group Wealth Management, LLC (“The Pitti Group”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where The Pitti Group and its representatives are properly licensed or exempt from licensure.  
 
The guest featured in this podcast is not an employee or investment adviser representative of The Pitti Group. The guest's comments regarding Social Security and Medicare reflect the guest's own views and expertise. This podcast is provided for educational and informational purposes only and does not constitute investment advice and it should not be relied on as such. It should not be considered as individualized investment, financial, tax, legal, Social Security, or Medicare advice. Social Security and Medicare rules are complex, subject to change, and may vary based on individual circumstances. Information regarding Social Security and Medicare should be verified with the applicable government agency or a qualified professional before making any decisions. Any examples, projections, or illustrations discussed are hypothetical and based on assumptions that may not reflect actual results. There is no guarantee that any particular strategy or planning outcome will be achieved. 

If you enjoyed this episode, like, subscribe, and follow The Finance Things in Life on YouTube, Spotify, and Apple Podcast so you don't miss future episodes. 

The Pitti Group Wealth Management | Headquartered in Victor, NY | Serving you across the globe | thepittigroup.com 

Hot Ones: Financial Advisors Answer Tough Questions While Eating Extremely Hot Wings 🌶️ | The Pitti Group In this special Hot Ones-inspired episode of The Finance Things in Life, Matt and Anthony Pitti put their taste buds on the line while discussing financial myths, retirement planning, investing mistakes, credit card debt, financial habits, market timing, retirement savings, and more. Along the way, they share their hottest financial takes, common money mistakes they see clients make, and the financial advice they believe everyone should hear; while trying not to melt down from increasingly spicy hot sauces. Topics include: 🌶️ Financial myths that need to disappear 🌶️ Why diversification matters 🌶️ The dangers of credit card debt 🌶️ Market timing mistakes investors make 🌶️ Retirement planning misconceptions 🌶️ Why people spend money to "look successful" 🌶️ Financial decisions driven by emotion Description:What happens when financial advisors answer tough money questions while eating increasingly hotter wings? The truth about living within your means Whether you're building wealth, planning for retirement, or simply looking for financial advice that's a little more entertaining than usual, this episode is for you. Ready to build a financial plan that can handle the heat? Contact The Pitti Group to learn more.

thepittigroup.com/contact

#FinancialPlanning #RetirementPlanning #Investing #HotOnes #FinancialAdvisor #PersonalFinance #WealthManagement Chapters:00:00 Introduction & Hot Ones Challenge 02:15 What Financial Topic Sounds Boring but Matters Most? 05:10 Financial Myths That Need to Retire 08:45 Tax Planning & Retirement Planning Mistakes 11:30 Fear vs. Smart Financial Decisions 15:00 Rochester Hot Sauce Review 🌶️ 17:30 Who Panics First When Technology Breaks? 21:45 Credit Card Debt & Financial Red Flags 25:40 Why People Spend Money to Look Successful 29:15 The Truth About Market Timing 33:30 Wealth Habits That Actually Work 37:15 Financial TikTok: Helpful or Harmful? 42:00 Money Trends That Drive Advisors Crazy 46:20 Why Retirement Planning Is More Complicated Than People Think 51:15 Emotional Financial Decisions People Make 56:30 The Spiciest Financial Opinions 1:01:20 Money Truths People Don't Want to Hear 1:05:30 Financial Behaviors We Somehow Normalize 1:10:00 Final Hot Sauce Challenge & Wrap-Up Disclosures:The Pitti Group Wealth Management, LLC (“The Pitti Group”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where The Pitti Group and its representatives are properly licensed or exempt from licensure.The information provided is for educational and informational purposes only and does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon. You should consult your attorney or tax advisor.

Episode 6 with Zach Courier:7 Things No One Tells You About Retirement | Retirement Planning Beyond Money What does a happy retirement actually look like? Most people spend decades planning the financial side of retirement, but very few prepare for the emotional, psychological, and lifestyle changes that come with leaving their career behind. Retirement isn't just about having enough money saved; it's about navigating an entirely new chapter of life. In this episode (#6) of The Finance Things in Life podcast, The Pitti Group brothers are joined by not just one, but TWO special guests: Zach Courier arrived at the studio to discuss the 7 Things No One Tells You About Retirement, while The Pitti Group's own President and Founder, Sal Pitti, sits in to join the conversation! We explore the financial, emotional, and lifestyle challenges many retirees don't anticipate, along with practical ways to prepare for what's ahead. Why retirement can be one of life's most stressful transitions The hidden risks of losing your sense of purpose How loneliness, isolation, and depression impact retirees Why having money isn't enough for a successful retirement The importance of hobbies, routines, and social connections How longevity is changing retirement planning Why retirement doesn't eliminate work… it simply changes it Whether you're 35 or 65, these lessons can help you build a retirement that's not only financially secure but personally fulfilling. Chapters 00:00 Introduction 02:40 The 7 Things No One Tells You About Retirement 04:35 Retirement History Reveals a Lot 08:15 Why Most Americans Don't Understand Their Retirement Plans 12:00 Retirement Is One of Life's Most Stressful Events 17:45 Planning for the Unexpected in Retirement 23:10 The Dark Side of Retirement: Isolation, Depression & Purpose 29:30 Why Having a Bucket List Matters 34:45 The Major Retirement Miscalculation 40:10 Losing Identity After Leaving Work 45:20 Where Traditional Retirement Advice Goes Wrong 49:45 What Professional Athletes and Lottery Winners Teach Us About Money 56:30 The Broken Record of Longevity 1:02:00 How to Stay Young in Retirement 1:08:15 Retirement's Greatest Paradox 1:13:45 Final Thoughts & Advice for Every Generation If you enjoy this episode, please Like, Subscribe, and Share. Comment to start a conversation: What are your biggest questions about retirement? For more retirement planning insights, and to get a copy of your checklist and the presentation, visit: thepittigroup.com/education The Pitti Group Wealth Management | Victor, NY | Financial Planning | Wealth Management Strategies | Retirement Planning Disclosures:The Pitti Group Wealth Management, LLC (“The Pitti Group”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where The Pitti Group and its representatives are properly licensed or exempt from licensure.The information provided is for educational and informational purposes only and does not constitute investment advice, and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status, or investment horizon. You should consult your attorney or tax advisor.The views expressed in this commentary are subject to change based on market and other conditions. These documents may contain certain statements that may be deemed forward-looking statements. Please note that any such statements are not guarantees of any future performance, and actual results or developments may differ materially from those projected. Any projections, market outlooks, or estimates are based upon certain assumptions and should not be construed as indicative of actual events that will occur.

The Future of Car Buying: Family Business, EVs, AI & Auto Industry Trends | Johnny Gabrielle, Marina Auto GroupIn this episode of The Finance Things in Life podcast, The Pitti Group brothers, Matt and Anthony Pitti, sit down with Johnny Gabrielle, General Manager of Marina Auto Group, to discuss what it's like leading a multi-generational family business, the future of the automotive industry, EV adoption, AI in car sales, dealership consolidation, and what consumers should know before buying their next vehicle.Johnny shares the story behind Marina Auto Group, lessons learned from working alongside family, how technology is changing car buying, and why customer experience remains the ultimate competitive advantage.Whether you're a business owner, car buyer, entrepreneur, or someone interested in family business succession planning, this episode offers valuable insights into one of America's most competitive industries.Topics Covered✔ Family business succession planning✔ Building a multi-generational company✔ The future of car dealerships✔ AI and online car buying✔ Electric vehicles (EVs) and charging infrastructure✔ Interest rates and vehicle affordability✔ Customer experience and sales psychology✔ Leadership and entrepreneurship✔ Wealth-building lessons from business ownersChapters00:00 Introduction & Meet Johnny Gabrielle02:15 Working in a Family Business07:40 Earning Respect in a Family Company11:30 How the Auto Industry Has Changed16:00 COVID's Impact on Car Dealerships20:20 Dealership Consolidation & Competition24:15 AI, Online Car Buying & Negotiation Bots29:00 Why Customer Experience Matters33:20 Interest Rates, Leasing vs. Buying37:30 The EV Boom, Challenges & Future Outlook45:15 Succession Planning for Family Businesses50:20 Financial Advice & Building Wealth54:15 Bonus QuestionConnect With UsSubscribe for more conversations about wealth, business, entrepreneurship, and the financial decisions that shape everyday life.The Finance Things in Life podcast is available on Apple Podcast and Spotify as well so you can download full length episodes without using data!thepittigroup.comThe Pitti Group Wealth Management | Victor, NY#FinanceThingsInLife #FamilyBusiness #CarBuying #EVs #AutomotiveIndustry #Entrepreneurship #WealthManagement #AI #BusinessPodcast #FinancialPlanningDisclosures: The information provided is for educational and informational purposes only and does not constitute investment advice and it should not be relied on as such. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon. You should consult your attorney or tax advisor.

$84 trillion is expected to change hands over the next 20 years. The question is: Is your family prepared?Season 2, Episode 4: The largest transfer of wealth in history is already underway.Over the next two decades, an estimated $84 trillion is expected to pass from Baby Boomers to younger generations. Yet many families have never discussed how those assets will be transferred, who will inherit them, or the tax and planning considerations that come with them.In this episode of The Finance Things in Life, Matt and Anthony Pitti explore the realities of The Great Wealth Transfer and discuss practical steps families can take now to prepare.Topics include:• Why estate planning conversations should happen sooner rather than later• Updating wills, trusts, and beneficiary designations• Tax considerations for inherited IRAs and retirement accounts• Strategies for charitable giving and legacy planning• Common mistakes families make when transferring wealth• How trusts can help protect and manage inherited assets• What heirs should know before receiving an inheritance• The importance of involving financial, legal, and tax professionals in the planning processWhether you're planning to leave a legacy or expect to inherit assets in the future, this conversation offers valuable insights to help you navigate one of the most significant financial events of your lifetime.For more information and resources, visit The Pitti Group.#TheGreatWealthTransfer #EstatePlanning #InheritancePlanning #FinancialPlanning #RetirementPlanning #WealthManagement #ThePittiGroup #PersonalFinance #LegacyPlanning #financialeducation Disclosures:The Pitti Group Wealth Management, LLC (“The Pitti Group”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where The Pitti Group and its representatives are properly licensed or exempt from licensure.This information is general in nature and should not be considered tax advice. Investors should consult with a qualified tax consultant as to their particular situation.The information provided is for educational and informational purposes only and does not constitute investment advice and it should not be relied on as such. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon. You should consult your attorney or tax advisor.

Season 2: Episode 3 with Special Guest, Jesse TothIn this episode of The Finance Things in Life, The Pitti Group Wealth Management brothers sit down with Jesse Toth, President of Leaders Inspire, for a powerful conversation on leadership, financial health, business growth, personal fulfillment, and the challenges facing today’s leaders. From succession planning and developing emerging leaders to balancing business success with family, health, and purpose, this episode explores what truly makes a leader worth following. Jesse shares his journey from financial advising and physical therapy into executive leadership coaching, while Matt and Anthony connect these lessons directly to business owners, financial professionals, and families. Whether you're a business owner, entrepreneur, financial advisor, or someone striving for personal growth, this episode delivers practical wisdom on: - Leadership development - Succession planning - Financial wellness - Personal reflection - Screen time and technology’s impact on leadership & family At The Pitti Group Wealth Management, we believe financial planning is about more than money; it’s about building a life and legacy with purpose. 📍 Based in Victor, New York, The Pitti Group helps individuals, families, and business owners pursue financial confidence through personalized wealth management strategies. Connect with The Pitti Group Wealth Management: Retirement Planning | Wealth Management | Business Financial Planning thepittigroup.com Participants: - Jesse Toth, President, Leaders Inspire:https://www.linkedin.com/in/jesse-toth-8769bb97/- Matt Pitti, AIF® Senior Vice President, Wealth Advisor:https://www.linkedin.com/in/matthewpitti/- Anthony Pitti, CDFA®, CRPS™ Vice President, Wealth Advisor https://www.linkedin.com/in/anthonypitti/ #WealthManagement #LeadershipDevelopment #VictorNY #FinancialPlanning #BusinessLeadership #SuccessionPlanning #ThePittiGroup #RochesterNY #Entrepreneurship #PersonalGrowth #FinanceThingsAndLife The Pitti Group Wealth Management | Victor, NY Disclosure: The Pitti Group Wealth Management, LLC (“The Pitti Group”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where The Pitti Group and its representatives are properly licensed or exempt from licensure. The information provided is for educational and informational purposes only and does not constitute investment advice, and it should not be relied on as such.

Season 2: Episode 2 -- Special Guest Greg Cullen Former pro baseball player Greg Cullen joins The Finance Things in Life podcast to share his journey from Penfield Little League standout to being drafted by the  @braves , navigating the realities of major league baseball, and building a new career in the booming sports card world with  @wethehobby .In this episode, Greg opens up with Matt and Anthony about: ⚾ His path through college baseball and professional baseball 💰 The financial realities of life in the minor leagues 🏠 Homeownership, weddings, and smart money moves 📈 Roth IRA, investing, and financial literacy for athletes 🎴 Sports cards, collectibles, and the explosive growth of the hobby market 🔥 Why passion, adaptability, and perspective matter after sports Whether you're a baseball fan, athlete, investor, collector, or just love hearing real stories about career pivots and success, this episode is packed with insight, humor, and practical advice. Be sure to like, comment, and subscribe for more conversations about wealth, life, sports, and the financial decisions that shape our futures. If you’ve found this information useful and have any questions, don’t hesitate to reach out to us at [email protected] and visit thepittigroup.com Disclosures: The Pitti Group Wealth Management, LLC (“The Pitti Group”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where The Pitti Group and its representatives are properly licensed or exempt from licensure. The information provided is for educational and informational purposes only and does not constitute investment advice, and it should not be relied on as such. This information is general in nature and should not be considered tax advice. Investors should consult with a qualified tax consultant as to their particular situation. No investment strategy or risk management technique can guarantee returns or eliminate risk in any market environment. #Baseball #Finance #SportsCards #Investing #GregCullen #TheFinanceThingsInLife #AtlantaBraves #RothIRA #WeTheHobby #Podcast