The Wall Street Sweeper with Russell Hackmann •iHeart
Avoiding the “Paint by Numbers” Trap - The Wall Street Sweeper with Russell Hackmann
The Wall Street Sweeper with Russell Hackmann
In this episode of The Wall Street Sweeper, Russ Hackmann discusses the importance of having a solid financial plan, particularly as it relates to retirement income and market trends. He emphasizes the need for a financial checkup, the pitfalls of a 'paint by numbers' financial plan, and strategies for managing taxes on retirement income. Additionally, he addresses the rising costs of long-term care and the importance of planning for these expenses. Hackmann Wealth Senior Vice-President Jack Young shares a case study on target date funds.
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