EP 195: Mastering the Withdrawal Phases of Retirement

In this episode of the Trust the Plan Podcast, Nick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management talk about retirement withdrawal strategies.
Read MoreIn this episode of the Trust the Plan Podcast, Nick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management talk about retirement withdrawal strategies.
Read MoreNick Hopwood, CFP® of Peak Wealth Management joined The Steve Gruber Show to talk about Bidenomics, inflation, and government overspending. Catch the full episode now.
Read MoreJoin Nick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management as they discuss how September tends to be a month that is a seasonally challenging time.
Read MoreInvestors who put off important investment decisions may face potential consequence to their future financial security.
Read MoreIn this episode, Nick Hopwood, CFP® of Peak Wealth Management joins The Steve Gruber Show to delve into the broader topic of inflation as they discuss the effect it has on the economy and individuals.
Read MoreNick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management talk about a recent TikTok video where a woman compares the work ethic and goals between Gen Z & Boomers.
Read MoreNick Hopwood, CFP® of Peak Wealth Management joins The Steve Gruber Show to discuss the Fed's Annual Economic Symposium hosted in Jackson Hole, Wyoming.
Read MoreIn this episode, Nick Hopwood, CFP® sits down with former Michigan Daily writer, Chris Duprey. Chris spent his college years at the University of Michigan working as a sports writer for the newspaper. We delve into how he got his start, som
Read MoreSteps to help you sustain and grow your retirement savings.
Read MoreOwning a rental property can be a great way to generate passive income and build wealth over time. However, like any investment, there are risks and downsides to consider.
Read MoreNick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management discuss the recent news that student loan payments will resume October 2023 after being paused due to the COVID-19 pandemic.
Read MoreA company's profits can be reinvested or paid out to the company’s shareholders as “dividends."
Read MoreNick Hopwood, CFP® and Jim Pilat, CFP® discuss the recent news that Fitch, one of the major credit rating agencies, has downgraded the U.S. economy's debt rating from AAA to AA+.
Read MoreIrrevocable life insurance trusts can be important tools that may accomplish a number of estate objectives.
Read MoreWhatever your relationship with your car, it may eventually come time for a new one. Familiarize yourself with your options.
Read MoreJoin us for an inspiring episode with Nick Hopwood, CFP® and Jim Pilat, CFP® as they delve into the life and career of Olivia Atkin, a podcaster, author and successful entrepreneur.
Read MoreWhat does it take to be an accredited investor? Explore the details, & the types of investments offered to those who qualify.
Read MoreNick Hopwood, CFP® and Preston Gee, CFP® of Peak Wealth Management highlight the importance of diversification in achieving long-term financial success.
Read MoreHave you considered the special tax treatment on company stock held in a 401(k) plan?
Read MoreNick Hopwood, CFP and Preston Gee, CFP delve into why tracking net worth is crucial for financial success — Listeners will be equipped with practical tools and knowledge to effectively monitor and improve their own net worth.
Read MoreMany Americans are mistaken about their financial preparedness for retirement. But overconfidence skews higher for the wealthy than for others, according to a new report.
Read MoreLifestyle considerations in creating your retirement portfolio.
Read MoreNick Hopwood, CFP® joins The Steve Gruber Show to explore the reasons behind the robust housing market and the implications it has for the broader financial landscape.
Read MoreEven the most seasoned investors have biases affecting their financial choices.
Read MoreSummertime is the perfect time for a mid-year tax checkup. A tax checkup will help you avoid being surprised with a potentially large tax bill and may help uncover ways you can save throughout the rest of the year.
Read MoreFrom single stocks to cryptocurrency, listen to this new episode of the Trust the Plan Podcast to learn more about how the next generation invests their money.
Read MoreGuaranteed pensions don’t exist like in the past. Nick Hopwood, CFP® joins The Steve Gruber Show to talk on the top ways to invest & save for your future.
Read MoreWe have seen a shift in the tipping culture. It feels as though tipping has become the expectation everywhere. Listen to Nick Hopwood, CFP® and Jim Pilat, CFP® share their perspectives.
Read MoreThis short, informative article teaches the basics of the FIRE movement.
Read MoreWith inflation coming in at 4 percent to the DOW and NASDAQ numbers up on Wall Street, how strong is the U.S. economy right now?
Read MoreOne of the most common questions people ask about Social Security is when they should start taking benefits.
Read MoreNick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management discuss the top 5 mistakes most people make with their money. How do you relate?
Read MoreListen to Nick Hopwood, CFP® talk about his experience with Hunter and the St. John's Northwestern Military Academy cadets on the 79th anniversary of D-Day.
Read MoreOn the 79th anniversary of D-Day, Nick Hopwood, CFP® joins The Steve Gruber Show to talk about his recent experience traveling to England to visit WWII locations including Normandy.
Read MoreIn this episode, Nick Hopwood, CFP® is joined by Jennifer Frush, executive director for New Hope Center for Grief Support based in Northville, Michigan.
Read MoreSummer is here- and we are back to bring you an updated version of one of our most popular podcast episodes... The true cost per boat ride. (Original EP is #60).
Read MoreA good professional provides important guidance and insight through the years.
Read MoreNick Hopwood, CFP® of Peak Wealth Management joins The Steve Gruber Show to dive in the current state of the economy.
Read More65 or older? It may be time to enroll in Medicare. Read to learn if you’re eligible.
Read MoreIn this episode, Nick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management talk about how rich young Americans reinvest their money.
Read MoreNick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management said they are frequently asked by clients about how to invest in precious metals.
Read MoreLooking forward to retirement? It's critical to understand the difference between immediate and deferred annuities.
Read MoreNick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management talk about how we must plan long-term by diversifying where our money is invested.
Read MoreFour vacation destinations you might never have thought of.
Read MoreTD Ameritrade transition to Schwab
Read MoreEntrepreneurs all face the same question, “Which business structure should I adopt?”
Read MoreNick Hopwood, CFP® and Preston Gee, CFP® of Peak Wealth Management talk about how to make extra income through house hacking.
Read MoreIt is beneficial for us to revisit how our finances are set up — from power of attorney to ensuring all of our accounts have updated beneficiaries.
Read MoreFrom long-term investment planning to the benefits of HSAs and money markets, Nick and Steve also dive in on what you need to know about how to make your money work FOR you.
Read MorePreston Gee of Peak Wealth Management talks about the process of becoming a certified financial planner.
Read MoreDiversification is an investment principle designed to manage risk, but it can't prevent against a loss.
Read MoreSome people wonder if Social Security will remain financially sound enough to pay the benefits they are owed.
Read More1 in 4 boomers said they didn't start saving for retirement until they turned 50 — and over a third of them still say they have no retirement savings at all.
Read MoreNick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management talk about how in a recent article on MarketWatch, a study said 50 percent of people are more likely to trust a family member or friend with their finances over an expert.
Read MoreKnowing the rules may help you decide when to start benefits.
Read MoreNick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management discuss filing benefits you can take advantage of while planning for tax season.
Read MoreWhen your child has income, there’s a good chance that he or she will need to report it and pay taxes.
Read MoreNick Hopwood, CFP® of Peak Wealth Management joined The Steve Gruber Show to talk about taking advantage of opportunities to boost your investments.
Read MoreFDIC insurance was designed to protect your deposited funds, but do you know how? This article answers that question.
Read MoreIn this episode, Nick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management talk about the responsibility that comes with being a fiduciary.
Read MoreMedicare is broken down into four specific parts—but what do they mean? This article will help you understand each piece.
Read MoreNick Hopwood, CFP® and Jim Pilat, CFP® talk about how important it is for us to think about how our spending choices impact our long-term financial goals.
Read MoreNick Hopwood, CFP® of Peak Wealth Management joins The Steve Gruber Show to talk about the recent bank collapse in Silicon Valley.
Read MoreOn the Trust the Plan Podcast, Nick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management talk about Income Related Monthly Adjustment Amounts (IRMAA).
Read MoreHere are some simple and inexpensive energy-saving tips that may help you save money.
Read MoreNick Hopwood, CFP® of Peak Wealth Management joined The Steve Gruber Show to talk about Social Security optimization, taking advantage of money market opportunities + making our money work FOR us.
Read MoreIf you’ve been re-married or divorced, these family structures may present some unique challenges. This article will help your clients with blended families think and prepare their estate strategy.
Read MoreNick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management discuss the repercussions we are still experiencing from the policies that were set in place during the height of the Coronavirus.
Read MoreNick Hopwood, CFP® is joined by James Reid, one of Michigan's best-known and most accomplished labor attorneys.
Read MoreNick Hopwood, CFP® and Jim Pilat, CFP® share their annual State of the Union Address where they recap highlights of Peak Wealth Management.
Read MoreLearn the advantages of a Net Unrealized Appreciation strategy with this helpful article.
Read MoreAccording to a recent report from CNBC, an astounding 63% of Americans are living paycheck to paycheck. If you allow yourself to live paycheck to paycheck, all it takes is one accident to force you to take on debt. Once you take on...
Read MoreIn this episode, Nick Hopwood, CFP® talks with Frank and Hillary Sanchez, who share their success in franchising.
Read MoreNick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management discuss their thoughts on GoFundMe financed retirement.
Read MoreNick Hopwood, CFP® of Peak Wealth Management joined The Steve Gruber Show to talk on pension plans, Roth IRAs, 401(k)s and additional ways to strategize for retirement.
Read MoreYou may have heard the phrase "tax-loss harvesting." A financial professional may be able to provide some guidance.
Read MorePreston Gee, wealth advisor, at Peak Wealth Management is sharing his financial goals for 2023 — Including his plans for paying off his upcoming wedding, handling student loans, and purchasing real estate.
Read MoreNick Hopwood, CFP® joined The Steve Gruber Show to discuss the State of the Union 2023. They dive more into housing price corrections, creation of new jobs, and benefits of money markets.
Read MoreOne of the most common things I hear when discussing contributing to 529’s for college funding is the client is afraid of overfunding the account. Now, it isn’t necessarily a bad thing to overfund a 529, but you do lose...
Read MoreFamilies can make a tax-free rollover from 529 plans to Roth Individual retirement accounts starting in 2024.
Read MoreNick Hopwood, CFP® of Peak Wealth Management joins The Steve Gruber Show to talk the current state of the economy on February 1, 2023.
Read MoreNick Hopwood, CFP® is joined by Larry McDonald for this special episode of the Trust the Plan Podcast. Larry McDonald is currently a keynote speaker, founder of The Bear Traps Report Investment Newsletter and partner at ACG Analytics.
Read MoreTo choose a plan, it’s important to ask yourself four key questions.
Read MoreIn this episode, Nick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management discuss the U.S. economy as of January 2023.
Read MoreAmortization is the calculation by which you pay off any loans you have. This calculation figures out given your time length, starting loan amount, and interest rate, how much you will need to pay each month to have the loan paid off....
Read MoreJim Pilat, CFP® of Peak Wealth Management talks about the financial goals and plans his family has for 2023.
Read MoreInvestors who put off important investment decisions may face potential consequence to their future financial security.
Read MoreThe second iteration of the SECURE Act brings forward several changes to the world of retirement.
Read MoreNick Hopwood, CFP® of Peak Wealth Management shares the financial goals his family has for 2023.
Read MoreNick Hopwood, CFP® of Peak Wealth Management joined The Steve Gruber Show to discuss the state of the economy as we begin 2023.
Read MoreIn this episode of the Trust the Plan Podcast, Nick Hopwood, CFP® and Jim Pilat, CFP® discuss a case study where the person was seeking a second opinion on retirement.
Read MoreIndividuals have three basic choices with the 401(k) account they accrued at a previous employer.
Read MoreNick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management discuss the money people are losing when social security benefits are taken too early — and what you need to consider when making the decision to claim your SS in retirement.
Read MoreYour credit score may influence how much you pay for auto and home insurance.
Read MoreFees are eating away at Americans' retirement savings. According to a recent study, 40% of 401(k) plan participants don't understand the fees they are paying and 41% don't even think they're paying any fees at all.
Read MoreHow to help determine life insurance needs to provide for your family after you pass away.
Read MoreNick Hopwood, CFP® and Jim Pilat, CFP® talk about why you need to take advantage of money markets.
Read MoreImportant items to consider when purchasing condo insurance.
Read MoreNick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management discuss a recent article talking about a person who makes $350K a year - and yet is still living paycheck to paycheck.
Read MoreNick Hopwood, CFP® of Peak Wealth Management joins The Steve Gruber Show to analyze market trends as we wrap up 2022.
Read MoreA look at 1031 Exchanges, a real estate investment strategy that may allow you to defer your capital gains taxes.
Read MoreJoin Nick Hopwood, CFP® of Peak Wealth Management as he dives into the current status of the market on The Steve Gruber Show.
Read MoreDropping off your son or daughter is loaded with emotions; here are a few tips for a smoother experience.
Read MoreIn this episode, Nick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management talk about how you can take advantage of the Airbnb process to generate extra income.
Read MoreEverybody knows having debt will consume a portion of your income each month until the debt gets paid off. Of course, once the debt is paid off your monthly cash flow surplus will increase, and with this surplus we can do some really...
Read MorePurchasing homeowners insurance is critical for protecting your home.
Read MoreIn this episode, Nick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management talk about the contribution limit and social security increases coming in 2023.
Read MoreNick Hopwood, CFP® joins The Steve Gruber Show to analyze the market following the Election on November 8, 2022.
Read MoreLife insurance proceeds are generally tax-free. But not in all cases.
Read MoreNovember is open enrollment month for plans including health and life insurance. Learn what you need to consider when selecting your coverage.
Read MoreNick Hopwood, CFP® joined The Steve Gruber Show to talk the ups and downs of our current market status.
Read MoreLearn about how money market rates and CD rates have been increasing this year from Nick Hopwood, CFP of Peak Wealth Management in Plymouth, MI
Read MoreNick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management discuss the importance of having your money work for you - through investment plans and money markets.
Read MoreThere are many different points of consideration when deciding which financial advisor to go with. These can include where you found them, what is their investment philosophy, what is their business model, and maybe most importantly,...
Read MoreLearn about all the parts of Medicare with this informative and enjoyable article.
Read MorePreserve your high net worth with these foundational tips.
Read MoreIn this episode, Nick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management discuss treating college as a business decision.
Read MoreNick Hopwood, CFP® of Peak Wealth Management joined The Steve Gruber Show to discuss opportunities in today's market. Join Nick and Steve as they discuss market performance, opportunities, tax loss harvesting and more.
Read MoreMillennials are convinced Social Security will vanish by the time they retire. The reality is less dire—but big changes are looming.
Read MoreThe list of IRA withdrawals that may be taken without incurring a 10% early penalty has grown.
Read MoreJoin Nick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management as they discuss the current Bear Market, and how the path out may look. — Peak Wealth Management is a financial planning and wealth management firm...
Read MoreNick Hopwood, CFP® of Peak Wealth Management joins The Steve Gruber Show to analyze the current market. Learn more about how the down market and inflation can impact you and your retirement.
Read MoreHaving an emergency fund may help alleviate the stress and worry associated with a financial crisis.
Read MoreJoin Nick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management as they dive in on the timely topic of retiring in a down market.
Read MoreA decent amount of people maintain a balance on their credit cards, home equity line of credit, or various other lines of credit. The common rationale behind maintaining a balance rather than paying it off is because they believe it...
Read MoreIn a recent study, 38% of people said they have a mortgage payment to take care of after they've retired. Learn the importance of paying it off before you do - and tips on how to make it happen.
Read MoreOver the past 11 market days, the S&P 500 is down 12% and now at the same levels of the June lows. Trust the plan! Oftentimes, uncertainty will cause anxiety and we start to question the plan.
Read MoreTaxes are one of the biggest budget items for most taxpayers, yet many have no idea what they’re getting for their money.
Read MoreSome of the biggest challenges many face when it comes to education are financial. Luckily, a 529 college saving plan can help.
Read MoreNick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management join together this week to dive in on what the phrase "trust the plan" means - as it is said frequently during meetings with clients who are seeking to retire confidently.
Read MoreSocial Security's been a fact of retirement life ever since it was established in 1935. We all think we know how it works, but how much do you really know? Here are nine things that might surprise you.
Read MoreNick Hopwood, CFP® of Peak Wealth Management joined The Steve Gruber Show to talk market analysis.
Read MoreJoin the Peak team as they talk in depth on lump sum reduction - including the impact it has on retirement.
Read MoreTrust the Plan. Join Nick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management as they catch up on Summer 2022 as well as discuss a recent article about the difference between a financial advisor and a wealth manager....
Read MoreIn my experience, the easiest way to save money is to do it in a way which won’t take any brain power. This is why turning your savings into systematic payments is the easiest way to ensure you continue working towards your...
Read MoreEarlier this week I was asked to join a podcast by Remodelers on the Rise. We specifically discussed where to start saving, the benefits of Roth, the various types of employee retirement plans, and investment properties along with much...
Read MoreWhen most people discuss finance they look at it objectively as a science with hard and fast guidelines dictating every decision. However, financial planning has much more to do with behavior and emotions than one may think.Behavior in...
Read MoreLast month we purchased a new duplex and due to interest I’ve received from several clients I thought you might like to learn about how I evaluated this purchase. This post describes, in detail, how this new duplex is expected to...
Read MoreHave you ever heard of a qualified charitable distribution (QCD)? It is not a commonly discussed point of tax planning, but it can be very valuable if you fit into certain criteria. In fact, it can save you thousands of dollars per...
Read MoreThroughout the different stages of life your financial needs will change with you. This is especially true for life insurance. As you begin ramping up your life through marriage, having kids, and new debt, the need for life insurance...
Read MoreJoin Nick Hopwood, CFP® and Preston Gee of Peak Wealth Management as they discuss the "Social Security Tax Torpedo." How will this hidden torpedo impact your taxes in retirement? Peak Wealth Management is a financial planning and...
Read MoreJoin Nick Hopwood, CFP® and Preston Gee of Peak Wealth Management as they discuss the things to watch for after a bear market starts. — Peak Wealth Management is a financial planning and wealth management firm in Plymouth,...
Read MoreJoin Nick Hopwood, CFP®, Jim Pilat, AIF®, and Preston Gee of Peak Wealth Management as they discuss their new Social Security Analysis tool. How can we find the optimal social security claiming strategy? They...
Read MoreWhen you leave an employer the decision on what to do with your 401k is probably more important than you think. There are 3 basic avenues to consider when making this decision. Avenue 1: Rollover to an IRA Rolling the account over to...
Read MoreJoin Nick Hopwood, CFP® and Preston Gee of Peak Wealth Management as they discuss how to diversify retirement income sources with consideration to income tax and increasing medicare premiums....
Read MoreJoin Nick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management as they discuss the 2022 performance of bonds. How does the performance compare to other historic years, and what is the...
Read MoreFinancial Planner Nick Hopwood, CFP from Peak Wealth offers comments on the recent market action
Read MoreSemi-Retirement is the New Normal In the modern day, more and more people choose to pursue a stage of semi-retirement rather than fully retiring immediately. This is largely due to the 4 retirement questions which we recommend...
Read MoreProcrastination is the enemy of progress. This is especially true when it comes to your financial health and saving for retirement. Investing today, as soon as you think about it, could be the best decision you ever make for your...
Read MoreEverybody knows that in order to enjoy a comfortable retirement you need to be saving during your working years. However, a question that we get a lot is where should I prioritize my savings? With so many different investment vehicles...
Read MoreWith real estate prices up so much recently, investors have been asking me if it still makes sense to purchase rentals. Also, people are asking me how I evaluate the numbers when I am considering a property for purchase. This blog post...
Read MoreBond Yields Surge. Nick Hopwood, CFP talks about the recent moves in yields and what it can mean going forward.
Read MoreOptions trading is a complex way of managing a portfolio, and one that comes with increased risk. Despite the complexity of actually employing this technique, it can be fairly easy to understand if you look at it in small examples to...
Read MoreNick Hopwood, CFP® and Jim Pilat, AIF® are joined by Jeff Packer of The Packer Group, a real estate team based in Plymouth, MI.
Read MoreOne survey found that nearly 25% of Americans have no emergency savings. Another survey found that 40% of Americans said they wouldn't be able to comfortably handle an unexpected $1,000 expense. Here's what you need to do to be prepared.
Read MoreWhen stock prices break lower, it's a good time to review common terms that are used to describe the market's downward momentum.
Read MoreThe CARES Act When the CARES act was passed in 2020 most people knew about it because of the stimulus money that was given to households and businesses in a time of need. However, there is a less discussed provision of the act in...
Read MoreEach year, through our Invest In Others Scholarship, we offer multiple scholarships to students who have demonstrated exceptional commitment to their education and community.
Read MoreOver the last 12 months, financial advisors Nick Hopwood, CFP® and Jim Pilat, AIF® have shared tools and strategies on the Retire With Confidence Podcast to guide you on your retirement planning journey.
Read MoreHow To Manage Your Debt/Income Ratio What Is This Ratio? Many people do not fully understand what their debt to income ratio is and why it is so important. This ratio is simply the amount that you must pay per month to meet all debt...
Read MoreEP 133: Capital Gains & Qualified Opportunity Zones Join Nick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management as they dive in on capital gains and Qualified Opportunity Zones. Former President Donald Trump's 2017...
Read MoreEP 132: IRS & Potential Tax Increases As we wrap up the year, Nick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management strive to prepare you for potential tax law changes becoming effective in 2022. How will these tax...
Read MoreWhen Should You Take Social Security? There are many schools of thought behind when someone should begin collecting Social Security. One of the more popular ideas is to take it as soon as you turn 62. The reasoning is that it will...
Read MoreAre You Financially Prepared for the Holidays? If you’re hoping to avoid a New Year’s Day debt hangover this year, your best strategy is to make and stick to a holiday budget. The holiday season will be here before you know...
Read MoreExpense Tracking: Why Does it Matter? Oftentimes when we discuss financial plans with prospective clients they are unsure of what their monthly cash outflows are. They have an idea of how much goes to the mortgage or other various...
Read MoreEP 131: Death of the Balanced Portfolio In this episode, Nick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management talk about the death of the balanced portfolio — and why investment diversification is important....
Read MoreEP 130: Social Security Deficiency In this episode, Nick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management highlight a recent article they read where it dives deeper into the Social Security deficiency. The Social...
Read MoreHow to Get Ready to Buy a House Someday It begins with the question of whether it makes the most financial sense for you to rent or buy right now. But if the answer is "buy," you're going to want to start thinking about things like...
Read MoreThe Future of the Balanced Portfolio This is an updated take on a blog that Nick wrote back in 2017, but the information has become all the more valuable as we have begun this new decade. It is not very often that an investor ends up...
Read MoreEP: 129 College Is A Business Decision Before you make a decision on which college you'll be attending, listen to this episode because it is one you don't want to miss! For both parents and students, join Nick Hopwood, CFP® and Jim...
Read MoreEarly Retirement and COVID-19 Early retirement and COVID-19 might seem unrelated but the pandemic is affecting industries from airlines to schools, and forcing some to make difficult choices. Retirement and Savings It is a huge...
Read MoreEP 128: The Value of Working With a Financial Planner Hosts of the Retire With Confidence Podcast, Nick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management are back with a new weekly episode! In this episode, Nick and...
Read MoreTo Invest or to Pay Down Debt: That is the Question When you have excess cash flow there are 3 things that you can do with it: Save it Pay down debt Spend it There is only one “bad” option out of those, and it is number 3....
Read MoreEP 127: Traditional Brokerage Fees Join us for a new Retire With Confidence Podcast featuring Nick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management. To kick off the episode, Nick shares an update on the recent...
Read MoreEP 126: Mr. Roth Part II There are an incredible amount of Roth benefits — which is why we decided to dive in even more for a second episode on it. In this episode, Nick Hopwood, CFP® AKA Mr. Roth and Jim Pilat, AIF® of...
Read MoreHow to Efficiently Become a Millionaire The age old question of how much you need to save to become a millionaire really comes down to two things: What is the average return on your investment? What is the time horizon on your...
Read MoreEP 125: Mr. Roth Join Nick Hopwood, CFP® AKA Mr. Roth and Jim Pilat, AIF® of Peak Wealth Management to talk about the importance of Roth IRAs and investing. In this episode, Nick and Jim dive in on everything from the benefits...
Read MoreEP 124: Real Estate Evictions In this new episode, Nick Hopwood, CFP® of Peak Wealth Management shares his personal story of evicting a tenant at one of his rental properties. He dives more into the extension of the eviction...
Read More5 Tips for Managing Your Money as College Student While the main focus is, of course, getting a quality education, college also provides a great opportunity to develop the money skills you'll need after you graduate. You can start...
Read MoreHow to Avoid Post-Pandemic Overspending Nearly 80% of Americans reported saving money in 2020 just by not going out to eat ($245 savings), not going on vacation ($1,400 savings), and not making major purchases ($5,700 savings)! 1 But...
Read MoreHow To Stay On Track With Your Financial Goals Midway Through the Year Believe it or not, we are halfway through 2021, which means it’s time to check in on your progress with any financial goals you set at the beginning of the...
Read MoreEP 123: Not Your Average Financial Plan In this episode, Nick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management dive in on things you can do right now to take your financial plan to the next level. Listen to our...
Read MoreEP 122: Chatting with New Peak Intern, Adam Roberts In this episode, Nick Hopwood, CFP® and Jim Pilat, AIF® talk with Adam Roberts, our new finance intern at Peak Wealth Management. Adam shares more about his educational...
Read MoreWhat Causes Inflation? Inflation occurs when prices go up and the purchasing power (the value of currency) decreases as time goes on. But why can't a dollar today buy you as much as it did in 1955? Inflation happens when the price of...
Read MoreEP 121: Getting to Know Preston Gee: Client Relationship Manager In this episode, Nick Hopwood, CFP® and Jim Pilat, AIF® are joined by Preston Gee, client relationship manager at Peak Wealth Management. He recently joined the...
Read MoreEP 120: Getting a Job in Retirement In this episode, Nick Hopwood, CFP® and Jim Pilat, AIF® highlight the benefits of getting a job in retirement. From the advantages of a Roth Conversion to delaying Social Security, learn more...
Read MoreCase Study: Financial Planning Client Mr. and Mrs. Schoolcraft - Each 56 years old and want to retire when they are 65 Each making 100,000/yr. $200,000 household income Social Security will be 27,250 each at age 65 when they retire. 54...
Read MoreHow to Save For Retirement When You Are In Your 50s If you've hit the half-century mark, you might be closing in on retirement. In fact, the average American retires at age 62.1 With that horizon in sight, do what you can now to make...
Read MoreEP 119: Realistic Retirement Expectations In this episode, Nick Hopwood, CPR® and Jim Pilat, AIF® of Peak Wealth Management talk about a recent article they read titled, "Retirees are overly optimistic about their financial...
Read MoreEP 118: Backdoor Roths & Roth Conversions In this episode, Nick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management talk about the benefits of having multiple buckets of retirement money — and how more people need...
Read MoreHow to Pay Off Your Mortgage Early When you own your home free and clear, you can save, invest and achieve other financial goals. Understanding the many ways to pay off a mortgage early can help you take meaningful steps toward...
Read MoreEP 117: Our Thoughts on Bitcoin Thinking of investing in Bitcoin? or perhaps you already have taken the dive. Take a listen to our episode to hear what Nick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management think...
Read MoreEP 116: 9 Categories of Martin Short In this new episode, Nick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management talk about a self-growth exercise created by the actor/comedian, Martin Short. In a recent podcast,...
Read More6 Money Saving Tips for SummerA little planning can save you a bundle. During the summer months, it can become difficult to stay on track with our finances - with vacations, activities, and more. Here are 6 money saving tips for you to...
Read MoreEP 115: What to Expect: Second House & Moving Expenses In episode 115 of the Retire With Confidence Podcast, join Nick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management. Nick and Jim talk about how the current real...
Read MoreEP 114: Stock Trading & Investing with Robinhood In this episode, Nick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management talk about the stock trading and investing app called Robinhood. They dive in on how it can...
Read MoreApril is Financial Literacy Month: How to Improve Your Finances This MonthApril is Financial Literacy Month, which makes it a great time to revisit the basics. These tasks can also help you make sure you are staying on track with...
Read MoreEP 113: Where's Your Money Going? In a recent survey, Nick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management read that 65 percent of people had no idea how much they spent last month. This episode serves as a reminder...
Read MoreEP 112: Real Estate Investing With Katie Nolff Whether if you are just starting out in real estate investing or a seasoned veteran in the market, this is an episode you won't want to miss! Nick Hopwood, CFP® of Peak Wealth...
Read More12 Financial Goals For Each Month of 2021 There is no wrong time to create or refresh your financial plan. Start with these monthly milestones or mix-and-match to correspond with your personal goals. Whether you’re just starting...
Read MoreEP 111: Low Interest Rates Join Nick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management as they talk about what we are seeing in the low interest rate environment — and what could happen next in the market. They...
Read MoreOne Year Anniversary of COVID-19 Lockdowns It has been one year since we entered into a worldwide lockdown due to the coronavirus pandemic. Just a few days following the announcement, Nick Hopwood, CFP® and Jim Pilat, AIF® of...
Read MoreEP 110: Financial Teamwork at Peak Wealth Management In this episode, Nick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management talk about why working on financial plans as a team is beneficial for their clients - and...
Read MoreYour March Financial To-Do List Spring fever will be in full swing this month as the weather starts warming up. While it's time for renewal, this month is also when you should take care of some financial tasks to make sure that you're...
Read MoreEP 109: What Does it Mean to Retire With Confidence? The mission at Peak Wealth Management is to guide clients on their journey so they can retire with confidence. In this episode, Nick Hopwood, CFP® and Jim Pilat, AIF®...
Read MoreJoining Nick Hopwood, CFP® of Peak Wealth Management on the Retire With Confidence Podcast this week is Aaron "Lucky" Li, acupuncturist and owner of Livonia Acupuncture. In this special episode, Aaron shares his journey —...
Read MoreEP 107: Jack Hopwood, 11, Shares His Entrepreneurial Story In this special episode, Nick Hopwood, CFP® of Peak Wealth Management chats with his 11-year-old son, Jack Hopwood on entrepreneurship. During the summer of 2020, Jack...
Read MoreWhy Do I Need a Will? Six out of 10 people don’t have a will. If you’re reading this, you probably don’t have one either—and you’re probably wondering if that’s the best category to be in. Spoiler...
Read MoreWe are switching it up with this episode! Join Jim Pilat, AIF® as he chats with Patti Wojcik, operations manager here at Peak Wealth Management. Learn more about our team in this highlight diving in on all things Patti. Peak Wealth...
Read MoreEP 105: Team Highlight: Gwen Smith - Peak's Operations Associate In this special episode, join Nick Hopwood, CFP® of Peak Wealth Management as he chats with Gwendolyn Smith, operations associate at Peak. Get the scoop on all things...
Read MoreA Guide to Long-Term Care Insurance Did you know that 14 million adults needed long-term care services in 2018? Purchasing long-term care insurance can give you peace of mind and protect the nest egg you worked so hard to build. You'll...
Read MoreEP 104: Peak State of the Union In this special episode, Nick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management hold the Peak State of the Union to share highlights from 2020 — including an increase in new...
Read MoreEP 103: College Savings Plans In this episode, Nick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management discuss college savings plans for families to better identify available routes to take for their children. Nick and...
Read MoreThe Coronavirus and Your Taxes in 2021 The coronavirus has created a ripple effect that will be felt when you sit down to file your taxes for last year. Here are some things to keep in mind: Stimulus Checks As part of the Coronavirus...
Read MoreEP 102: History and Culture of Michigan Athletics with Greg Dooley of MVictors Nick Hopwood of Peak Wealth Management sits down to chat with Greg Dooley, founder of MVictors.com. Greg has shared his knowledge of the University of...
Read MoreTop Retire With Confidence Podcast Episodes of 2020 We have officially wrapped up 2020. Over the last 12 months, Nick Hopwood and Jim Pilat have shared tools and strategies on the Retire With Confidence Podcast to guide you on your...
Read MoreEP 101: Income Segmentation and Bucket Investing We are kicking off 2021 with our 101st episode of the Retire With Confidence Podcast. In this episode, Nick Hopwood and Jim Pilat of Peak Wealth Management dive in on income segmentation...
Read More4 Financial Goals for the New Year Making New Year’s resolutions is a great way to plan to be better in the new year. Unfortunately, sticking with those resolutions isn’t as easy as setting them. Whatever is on your list...
Read MoreEP 100: Pilat Family 2021 Financial Plan We are celebrating our 100th episode of the Retire With Confidence Podcast! This week we are heading into 2021 — and before we do, Nick Hopwood talks with Jim Pilat about the financial...
Read MoreEP 099: Mr. Wonderful Kevin O'Leary AKA Mr. Wonderful, a businessman featured on the television show Shark Tank said people should strive to pay off their debts entirely by the age of 45. Listen to this episode to learn more about Nick...
Read More5 Financial Moves to Make Before the End of the Year We’re closing in on the end of the year, which means it’s a great chance to take stock of your financial situation. To reflect on what's gone well this year, what could...
Read MoreEP 098: Disorganized People How important is it to keep your finances organized? In this episode, Nick Hopwood and Jim Pilat of Peak Wealth Management discuss why it is beneficial to stay on top of your finances and investments. Nick...
Read MoreEP 097: Don't Be A Jerk In this new episode, Nick Hopwood and Jim Pilat of Peak Wealth Management discuss the importance of a good personality fit when it comes to client/financial planner relationships. Learn more about other factors...
Read More5 Smart Ways to Save During the Holidays Need to cut costs this Christmas? Here are five smart ways to save on the holidays, reduce stress and stay within your budget! Wouldn't it be nice to go into the New Year with a surplus rather...
Read MoreEP 096: Important Interview Questions to Ask a Financial Advisor Whether if you are looking to work with a financial advisor for the first time or interested in switching it up with someone new, you'll want to listen to this episode to...
Read MoreEP 095: Lifestyle Creep: What It Is and How to Avoid It Say hello to lifestyle creep. Lifestyle creep, also known as lifestyle inflation, can sneak up on you and prevent you from building a strong financial foundation. In the latest...
Read MoreEP 094: How to Navigate Finances During a Life Transition Throughout our lives, we all experience transitions— ones that have the ability to impact us financially. Whether it be a divorce, birth of a child, retirement, loss of a...
Read MoreYour Guide to Medicare Enrollment In this bonus episode, Nick Hopwood and Jim Pilat of Peak Wealth Management hosted a webinar in partnership with Brian Vincent of C.L. Finlan Insurance to talk about Medicare Enrollment. In our webinar...
Read More10 Life Events That Should Have You Revisit Your Will Generally speaking, any significant change in your assets, marital status, or family relationship qualifies as a good reason to reevaluate your will. Common life events that alter...
Read MoreEP 093: Socially Responsible Investing In this new episode, Nick Hopwood and Jim Pilat of Peak Wealth Management highlight socially responsible investing — or ESG (Environmental, Social and Governance) referring to a class of...
Read More8 Ways to Save Money for Christmas The sooner you start saving for Christmas, the better. Too many people wait until December to buy gifts with no money saved up. This can often lead to people turning to credit cards in a panic and end...
Read MoreEP 092: Retirement Illiteracy In this episode of the Retire With Confidence Podcast, Nick Hopwood and Jim Pilat of Peak Wealth Management talk about a recent article featured in the Barron's finance publication — where they...
Read MoreCFP vs CFA: What's the Difference? When it comes to choosing a financial advisor, there are two of the most common that are also frequently confused: CFP, which stands for Certified Financial Planner, and CFA, Chartered Financial...
Read MoreEP 091: Buyout Offer: Do the Math In this new episode of the Retire With Confidence Podcast, Nick Hopwood, CFP® and Jim Pilat, AIF® talk about employee buyouts and pension lump sums. They also chat about the announcement of...
Read MoreIn this new episode of the Retire With Confidence Podcast, Nick Hopwood and Jim Pilat of Peak Wealth Management talk about home mortgages — Comparing 15 to 30 year mortgage options and how refinancing can impact your debt payoff.
Read MoreEP 089: How Many Banks Do You Really Need? In this new episode of the Retire With Confidence Podcast, Nick Hopwood and Jim Pilat dive in on a commonly asked question from clients: How many banks do I need? Listen to our podcast or...
Read More10 Financial Tips for Fourth Quarter Fourth quarter is here, and that means there’s no better time to evaluate where you are versus where you want to be financially come the end of the year. Here are 10 financial tips for fourth...
Read MoreEP 088: If I Had A Million Dollars... In this episode of the Retire With Confidence Podcast, Nick Hopwood and Jim Pilat dive in on a scene from the 90's hit, Office Space, where they talk about what they would do if they had one...
Read MoreEP 087: Rethinking Retirement In this new episode of the Retire With Confidence Podcast, Nick Hopwood and Jim Pilat of Peak Wealth Management talk about the concept of plan B. You'll learn more about what you need for the retirement of...
Read More10 Ways to Gift College to Your Grandchild Many grandparents want to leave an educational legacy by helping fund a grandchild’s college education. Grandparents recognize the value of education, and want to see their children...
Read MoreEP 086: Our Peak Investment Management Process In this episode, you'll hear Nick Hopwood and Jim Pilat talk about Peak's 3 step investment process — and how the team works together to guide you to build a strong financial...
Read MoreEP 085: Where Does Our Market Currently Stand? In this episode, Nick Hopwood and Jim Pilat of Peak Wealth Management talk about the current state of our financial market. Peak Wealth Management is a financial planning and wealth...
Read MorePersonal Finance: Your Fall Financial Checklist Remember those financial goals you set way back in January? With the holidays and the end of the year approaching, fall is a great time to revisit your goals and set straight any that may...
Read MoreEP 084: U.S. Presidential Election Various Outcomes & Market Results If you are anxious about what's next when it comes to your finances during an election year, check out our latest podcast episode featuring Nick Hopwood & Jim Pilat....
Read MoreEP 083: Catching Up With Peak Wealth In this new episode, Nick Hopwood and Jim Pilat return to the podcast by catching you up with everything that's been going on — both in and outside of the office since spring. Listen to our...
Read More9 Money Mistakes to Avoid in Your 40s If you're in your 40s, you're in an interesting financial spot because you likely already have a career and a home, and you may even have a solid plan for retirement. Although it may seem like a...
Read MoreWhat to Discuss With Your Parents About Their Estate There’s truly no time like the present to start having estate planning conversations with your parents. After someone is gone, unless they’ve tucked all their plans away...
Read MoreHow to Create a Retirement Budget For many retirees, the fear of running out of money is a major worry. People don’t know how to stretch their Social Security Benefit to pay all their bills, and they’re uncertain about how...
Read More4 Things You Need To Do Before Retirement Financial planners often connect with potential clients who are seeking their services too close to retirement. Many will say "I wish I had talked to you 20 or 25 years ago." A visit to a...
Read More5 Steps to Setting Financial Goals As Zig Ziglar, a motivational speaker, once said: "If you aim at nothing, you will hit it every time." Here's the thing: If you don't put a plan behind your finances, it will be incredibly difficult...
Read More10 Things You Should Know About Your Parents' Finances Becoming a caregiver for aging parents can bring unexpected responsibilities, such as managing their finances. These helpful tips can help with senior financial planning, and help...
Read MorePreparing for retirement is an extremely important task, but one that doesn’t receive nearly the attention it deserves. To set yourself up for a happy retirement, you’ll want to do more than figure out how to just...
Read MoreQuestions to Regularly Ask Your Financial Planner Maybe you have a financial planner you enjoy working with—that’s great! But even so, it’s important to meet regularly to talk about how your investments are performing...
Read MoreRetirement planning is one of the most important financial goals you’ll undertake – and the stakes couldn’t be higher. Do it right and your golden years can be filled with independence, comfort, and freedom....
Read More3 Steps to Taking Control of Your Finances What does being in control of your finances mean? It’s a combination of understanding where you stand financially, spending less than you earn and having confidence in your ability to...
Read More7 Summer Savings Tips The warmer months offer many opportunities to cut costs and boost savings. You can potentially save hundreds of dollars a month by taking advantage of seasonal opportunities and reorganizing your daily routine....
Read More7 Tips to Stretch Your Stimulus Check and Save Money After Quarantine The coronavirus pandemic has affected us all in different ways, and lost income is one of the most difficult to deal with. Quarantine meant more ways to save money...
Read MoreAfter working with educators on their 403(b)'s for
Read MoreHow to Eat Healthy on a Budget We hear it all the time: "Eating healthy on a budget is impossible!" And the truth is—no, it's not. There are plenty of ways you can stick to eating healthy on a budget. Here are some tips to get...
Read More5 Ways to be a More Mindful Spender Sometimes spending less money is all about becoming more aware of how cash leaves your wallet every day. Whether it’s going toward indulgences like restaurant dinners out or necessities like...
Read MoreWho is Eligible for a Health Savings Account? Do you know what an ambulance, reading glasses, and a thermometer all have in common? They are all qualified medical expenses (QMEs) through a health savings account (HSA). That’s...
Read More3 Key Ways to Improve Your Financial Health Less than one in three Americans are considered "financially healthy" according to the Financial Health Network, who conducted a study late last year—when the economy was still booming...
Read More4 Essential Tips for Working From Home As of mid April 2020, about 95% of Americans—or 306 million people—were placed under a stay-at-home order to stop the spread of the coronavirus. All across the world, political and...
Read MoreBuild Better Money Habits With These 4 Simple Steps While you may have ambitious money goals, the key to reaching them is building a collection of smaller everyday habits. Here are some habits you can begin implementing into your life...
Read MoreCoronavirus Market Fallout: 5 Investment and Planning Opportunities Nick Hopwood, CFP ® and Jim Pilat, AIF ® of Peak Wealth Management host a webinar where they share 5 investment and planning opportunties in the midst of the...
Read MoreLargest 3 Week of Gains In History of Financial Market In a new episode of Peak University, Nick Hopwood, CFP ® and Jim Pilat, AIF ® of Peak Wealth Management talk about the largest 3 weeks of gains in financial market history....
Read MoreHow to Avoid the Health Risks That Come With Financial Stress It may not seem like your rising credit card debt or unpaid medical bills directly link to your physical health, although financial problems can affect more than just your...
Read MoreFinancial Strategy Planning After Job Loss The coronavirus is already forcing companies to lay off workers and the job losses are likely to mount rapidly as the global health crisis drags on. If you are someone who has been impacted,...
Read MoreHow to Develop Your Mindset For Wealth And Prosperity If you find yourself living “paycheck to paycheck” then it’s possible that you’ve created a scarcity mindset in relationship to money. At some point in your...
Read MoreEP 082: Nick Hopwood Celebrates 20 Years in Finance Industry In EP 082, Peak Wealth Management's Nick Hopwood, CFP® talks with Jim Pilat, AIF® on his 20th anniversary in the financial industry. Listen to the podcast or watch...
Read MoreBig Annual Stock Market Declines Are Rare In a new episode of Peak University, Nick Hopwood, CFP® of Peak University focuses on how big annual stock market declines are rare. He shares data on previous years - and how it compares...
Read MoreHow Markets Bottom Before The Recession Officially Ends In a new episode of Peak University, Nick Hopwood, CFP® of Peak Wealth Management talks about how markets typically bottom before the recession officially ends. Watch the...
Read MoreLarge Bounces Are Normal During A Bear Market Nick Hopwood, CFP® of Peak Wealth Management talks about how large bounces are normal during a bear market. Watch the video below to learn more.
Read MoreHow We Can Compare Market Patterns To Current Day Nick Hopwood, CFP® of Peak Wealth Management talks about how markets bottom and different patterns we have seen in the past - and how they compare to what's going on current day....
Read MoreSaving For Retirement When You're In Your 40s In your 40s, you’re hitting your peak earning years and should be well on your way to achieving your long-term savings goals. But sometimes life can get in the way. We have found that...
Read MoreProtect Yourself Financially From The Impact of Coronavirus The Coronavirus pandemic has impacted the word economy in unprecedented ways. It’s had huge effects on people’s finances, particularly those who work in retail,...
Read MoreThe SBA Provides Low-Interest Disaster Loans to Help Businesses and Homeowners Recover from Declared Disasters With the Care Act being signed last week, many business owners may be trying to navigate the new legislation trying to...
Read More4 Financial Planning Tips for Millennials Building the resources you need to help accomplish what you want in life is better to be started now than later. If you wait too long, you’ll have to save and invest a much larger portion...
Read MoreNick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management talk about their thoughts on the Coronavirus Contraction and the markets over the past few weeks. To take the risk quiz, click here. To book a call or a virtual...
Read MoreHow to Survive an Anaconda Attack Nick Hopwood, CFP® from Peak Wealth Management shares instructions from the Peace Corps Manual on "How to Survive an Anaconda Attack," and how that lesson may be applied to surviving a "Bear Market...
Read MoreBear Market Recoveries Nick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management discuss the 12 recent bear markets and observations about magnitude and duration. Watch the video below to learn more.
Read MoreIntra-Year Drawdowns in the Market Nick Hopwood, CFP® and Jim Pilat, AIF® with Peak Wealth Management discuss Intra-Year Drawdowns in the Market. Watch the video below to learn more.
Read MoreCycle of Investor Emotions With so much riding on our investment decisions, we owe it to ourselves to understand the emotions that occur at various phases of the market. Join Nick Hopwood, CFP® and Jim Pilat, AIF® of Peak...
Read More4 Tips for Financial Spring Cleaning Your spring to-do list shouldn’t be limited to your home. Now is the perfect time to give your finances a deep cleaning. Throughout the year, it can be easy to become distracted and allow your...
Read MoreNick Hopwood, CFP® of Peak Wealth Management speaks with Sheryl O'Connor of Income Conductor about next-gen retirement income planning. As a retirement income expert, Sheryl explains some of the various distribution strategies...
Read MoreKnow Your Risk Tolerance to Create a Game Plan The coronavirus is tanking the stock market. After the news reported on the health scare widening around the world – we experienced the worst weekly drop in the market since 2008....
Read More403(b) plans are failing teachers. A handful of advisors and technology companies want to undo the damage and bring low-cost fiduciary plans to K-12 educators. In an article featured at WealthManagement.com, Lisa McEvoy, a teacher in...
Read MoreNick Hopwood, CFP® and Jim Pilat, AIF® of Peak Wealth Management talk about their thoughts on the Corona Virus and the markets over the past few weeks. Peak Wealth Management is a financial planning and wealth management firm...
Read MoreLearning to communicate about finance is an important part of a successful relationship. Newlyweds or couples deepening their relationship can save themselves a lot of stress and misery if they learn to talk about money. It is...
Read More(This article is from June 2017, but it is worth a quick re-read since the 10 year Treasury rate is now in the 0.5% range and was around 2.4% at the time of publishing) Death of the Balanced Portfolio? A majority of people I speak with...
Read MoreDaylight Savings Time Costs You Extra It’s that time of year again - moving our clocks an hour ahead. The issue of whether daylight saving time should be abolished is a topic that comes up regularly. Daylight savings time is...
Read MoreFinancial Responsibility Starts at Home: A Lesson Plan For Parents From rising student loan debt to an increasingly complex financial world, the need for our kids to be financially responsible is growing. Teaching kids about money and...
Read More4 Key Reasons Why You Should Budget Your Money Making healthy financial decisions is an important part of being financially secure. One of those decisions is planning your spending. Budgeting is a very easy tool that can save you a lot...
Read MoreHow to Find the Right Financial Advisor For You When it comes to choosing a financial advisor, you want to pick carefully. A financial advisor can be key to helping you determine and achieve your financial goals and get ready for...
Read MoreMarket are in Correction Territory With a 10% drop for the markets in 6 days, this week reminds us of September 2008. In fact, this week is the worst week since the financial crisis. If the markets have you feeling a little uneasy, we...
Read MoreQualified Health Funding Distribution (QHFD) - Move IRA Money to HSA Tax-Free This little known trick can only be used once. If you are eligible for an HSA in 2020, the limits for a family are $7,100 or $8,100 for a family over age 50....
Read MoreWhat is the SECURE Act and How Could it Affect Your Retirement? The Setting Every Community Up for Retirement Enhancement Act (SECURE) was signed into law in December 2019 and became a law as of January 1, 2020.The new legislation...
Read MoreIn this special episode, Nick Hopwood, CFP® of Peak Wealth Management sits down with The Michael Spath Show in-studio at WTKA. Nick shares key factors people should look for when they are choosing a financial advisor.
Read MoreTip: Give Them a Look. Find a credit card calculator on the web to give your kids a real-life look at what it actually costs to “buy now, pay later.” You taught them how to read and how to ride a bike, but have you taught...
Read MoreTaking care of others is not always as simple as it may seem. Especially when balancing work and home life when it comes to younger children or older parents. Watch the video below to learn more on how you can support others struggling...
Read MoreWhy you shouldn’t buy a Ferrari The last time I needed to buy a car I considered many factors. Was it big enough to hold my family? Is there enough room to carry our stuff (sports equipment, bags for a trip)? Can it pull a boat,...
Read MoreDid you know that you can use your Health Savings Account to pay for qualified medical expenses from a previous year? In fact, I believe you should not use your HSA for current year medical expenses. Remember, a HSA is triple tax free...
Read MoreQualified Health Funding Distribution (QHFD) - Move IRA Money to HSA Tax-Free This little known trick can only be used once If you are eligible for an HSA in 2020, the limits for a family are $7,100 or $8,100 for a family over age 50....
Read MoreRetire with Confidence Episode 76 Today's episode features the entire team speaking on the radio with Michael Spath on WTKA. What a fun experience! Patti seems a little nervous, but she did great - check it out for yourself! At Peak...
Read MoreYour current homeowners policy may allow for coverage of two properties under one policy, but because there are unique risks with a second home, a separate policy may be more conducive to obtaining the coverage you need. Here are some...
Read MorePerhaps Bette Davis said it best when she observed, “Old age is no place for sissies.”¹ The challenges seniors have met throughout their lives have made them wiser and stronger, preparing them for the unique challenges...
Read MoreFinancial Advisor Jim Pilat, AIF® interviews Financial Advisor and CERTIFIED FINANCIAL PLANNER Nick Hopwood, CFP® about the Hopwood Family Financial Plan for 2020. The goal here is demonstrate our 100% transparent and 100%...
Read MoreThe gap between setting goals and achieving them can be difficult to bridge. To enhance the chances of achieving personal goals, reminders and motivation are essential; making a New Year’s resolution is simply not enough. A...
Read MoreGuaranteed pensions don’t exist like in the past. Peak Income 360 seeks to replace that pension by adding multiple passive retirement income streams. Most people will be relying on Social Security and their 401k - is that enough?...
Read MoreMost Americans know the fundamentals of good health: exercise, proper diet, sufficient sleep, regular check-ups, and no smoking or excessive alcohol. Yet, despite this knowledge, changing existing behaviors can be difficult. Look no...
Read MoreFinding True Wealth Podcast with Rich and Sue Allen Nick Hopwood, CFP of Peak Wealth Management, host of Finding True Wealth speaks with couple Rich and Sue Allen about their incredible life story. After working as an engineer at Ford...
Read MoreNick Hopwood, CFP of Peak Wealth Management, host of Finding True Wealth speaks with Associate Editor Seth Fisher of MGoBlog on his transition to and success within the sports blog industry, as well as how transitioning from...
Read MoreNick Hopwood, CFP of Peak Wealth Management, host of Finding True Wealth speaks with couple Rich and Sue Allen about their incredible life story. After working as an engineer at Ford Motor Company for 22 years, Rich heard God's call...
Read MoreNick Hopwood, CFP of Peak Wealth Management, host of Finding True Wealth speaks with Associate Editor Seth Fisher of MGoBlog on his transition to and success within the sports blog industry, as well as how transitioning from...
Read MoreRecently, financial planners Nick Hopwood and Jim Pilat of Peak Wealth Management were featured in a Kiplinger.com article. Kiplinger focused on success we've had since 1999 working with families to understand their goals, what is...
Read MoreNick Hopwood, CFP of Peak Wealth Management, host of Finding True Wealth discusses his top 10 things to do before the new year. As 2019 wraps up, consider evaluating your decisions over the past year and make sure you're taking full...
Read More"If Santa Claus should fail to call, bears may come to Broad and Wall" While the media and Wall St analysts love catchy one liners, is there any truth to this one about the Santa Claus rally. The belief is that if stocks do not rise...
Read MoreNick Hopwood, CFP of Peak Wealth Management, host of Finding True Wealth speaks with Chief Investment Officer Ben Lavine of 3D Asset Management as well as Chartered Financial Analyst working in global investment management and...
Read MoreNick Hopwood, CFP of Peak Wealth Management, host of Finding True Wealth speaks with Behavioral Finance Professor John Forlines III of Duke University as well as portfolio manager of the Forlines Global Suite of strategies as part of...
Read MoreAs we near the end of another year, you may want to consider some of these planning opportunities. 1. Consider selling some losers - If you have capital gains in your Individual, Joint or Trust account consider protecting those gains...
Read MoreNick Hopwood, CFP® and Jim Pilat, AIF®, of Peak Wealth Management, hosts of the Finding True Wealth Podcast have a fun chat about what to do with your Christmas Bonus, picking on Clark W Griswold in our favorite Christmas movie...
Read MoreThe 2020 contribution limits have been updated. Every couple years the IRS increases the contribution limits for retirement accounts. This year some accounts changed and others did not. 401(k), 403(b) and 457 accounts had the limit...
Read MoreFinding True Wealth Podcast and now VIDEO Podcast as well It's the moment you've all been waiting for....as a result of huge demand, our podcast is now available on Youtube as a VIDEO Podcast. You have the option of listening in the...
Read MoreInvest in Others Scholarship For over 15 years through our Invest In Others Scholarship Program, we offer multiple scholarships to students who have demonstrated exceptional commitment to their education and community. It is our...
Read MoreFinancial Independence/Retire Early Podcast Part 3 Nick Hopwood, CFP of Peak Wealth Management, host of Finding True Wealth talks about the growing F.I.R.E. discussion/movement (Financial Independence Retire Early) and the book,...
Read MoreNew Office Video As you know, in 2019 we tripled our office space. In addition to more space came functionality in the form of a second conference room, second restroom, four new offices, and of course, The Summit! Join us on a...
Read MoreNick Hopwood, CFP® is joined by Michael Spath @michaelspathITH from "Inside the Huddle" on WTKA in Ann Arbor weekdays 10-1pm talking about everybody's dream job (sports talk radio host and sportswriter). Learn about Michael's...
Read MoreThis week, two different articles came out regarding the SEC starting two different investigations into teachers 403(b) retirement plans. The first article is titled, SEC probing compensation, sales practices in 403(b) plans for school...
Read MoreWe often talk about expense tracking with our clients. We even talk about projecting that expense tracking into retirement to help us determine how expenses will change when we are no longer working. This can be a challenging task...
Read MoreFinancial Planner Nick Hopwood, CFP is joined by Shawn and Sarah Hillard, who are in-studio talking about "No-Spend September." The Hillards are here to educate us on what it means, what the challenges were, and what they learned as a...
Read MoreWhat would you do if you were retired and had a new $7,000/mo bill from the nursing home each month? Nick is joined by Michael Tepper from Capitas Financial, who has over 25 years of experience in the Long Term Care Insurance...
Read MoreNick sits down with Dr John Mlinarcik talking personality styles. Understanding your own personality style helps you understand your own needs and why you do what you do. The same can be said about the other people in your life-...
Read MoreDid you miss the Naked Retirement Workshop? Listen in and get caught-up as Nick chats with Donna Martin, CEO of Change Engine, a business and retirement coaching firm. At Change Engine, she works with professionals who want to achieve...
Read MoreTips for How to Save Money If you find yourself struggling to save money at the end of the month, consider these 4 tips as a way to help turn that around. 1. Pay Yourself First - Once the money is in your bank account, there's a really...
Read MoreCongratulations to Patti Wojcik Join us in offering congratulations to Patti Wojcik for 5 years at Peak Wealth Management! Patti is celebrating her "workiversary" today by actually taking a lunch break! Rarely does Patti take a lunch...
Read MoreSocial Security can be complicated and, as a result, many individuals don’t have a full understanding of the choices they may have. Here are five facts about Social Security that are important to keep in mind: 1. SOCIAL SECURITY...
Read MoreFederal Reserve Cuts Rates 1/4 percent Yesterday the FOMC has cut interest rates by 25 basis points, or one quarter of one percent. What does that mean for real people? Money Market Rates First, we expect bank savings rates to be...
Read MoreCHOICES FOR YOUR 401(K) AT A FORMER EMPLOYER One of the common threads of a mobile workforce is that many individuals who leave their job are faced with a decision about what to do with their 401(k) account.¹ Individuals have...
Read MoreIn this episode of #nickneedsU2know, Nick discusses home affordability. #nickneedsU2know is our video series where we talk about financial planning tips we think you need to know about in 60 seconds. Check it out!
Read MoreRoth Conversions Would converting from a traditional IRA/401(k)/403(b) be a smart move for you? A Roth conversion refers to taking all or part of the balance of an existing traditional IRA/401(k)/403(b) and moving it into a Roth IRA....
Read MoreInside the Huddle Show on WTKA with Nick Hopwood, CFP® Interviewed In-Studio Check out the live in-studio with out very own Nick Hopwood, CFP® in-studio today on WTKA talking about the Peak Income 360 Formula: Diversify Your...
Read MoreNick Hopwood, CFP® chats with former Michigan Daily football, basketball, and Hockey beat writer Chris Duprey. Chris wrote for the daily from 1997-2001 and covered the football beat for the 2000 season, where Lloyd Carr and Drew...
Read MoreIn this episode of #nickneedsu2know , NIck discusses the importance of paying off your home mortgage BEFORE retirement. #nickneedsu2know is our video series where we talk about financial planning tips we think you need to know about in...
Read MoreFIRE - Financial Independence, Retire Early Nick Hopwood, CFP of Peak Wealth Management, host of Finding True Wealth talks about the growing F.I.R.E. discussion/movement (Financial Independence Retire Early) and the book, "Retire Like...
Read MoreLifestyle Creep is Real This post is the podcast with Jim and Nick talking about the topic, and you can read the original article here.
Read More#nickneedsU2know about Mortgage Amortization Few people understand the nuts and bolts behind mortgage amortization, but it is a very important component of your financial plan. In this video, Nick Hopwood, CFP® and financial...
Read MoreF.I.R.E. - Financial Independence/Retire Early F.I.R.E. - Financial Independence/Retire Early is a fascinating topic among today’s youth. In my line of business, a traditional financial planner, a traditional financial advisor,...
Read MoreWe can all look back and remember the days when money was tight. During college or early in our career we regularly made sacrifices so that we could get by. As our income increases, we tend to get more and more comfortable spending...
Read MoreTour The Big House and Crisler with Us Next Week Last year, my family had the unique experience of touring Michigan Stadium, which included going through the tunnel, locker rooms, running on the field, and hanging out in one of the new...
Read MoreFinding True Wealth Podcast Nick Hopwood, CFP® of Peak Wealth Management, host of Finding True Wealth talks about the growing F.I.R.E. discussion/movement (Financial Independence Retire Early) and the book, "Retire Like a...
Read MoreScams Nick Hopwood, CFP® of Peak Wealth Management in Plymouth, MI talks about financial planning tips he thinks you need to know about. This episode of #nickneedsU2know discusses the recent abundance of scams and how to protect...
Read MoreSuze Orman said You May Need $5M - Here are My Thoughts Recently I saw on marketwatch.com that Suze Orman has talked about needing $5M to retire, and this headline suggested they did the analysis and suggested she was right. It is...
Read MoreHave a Cottage with a Boat? Ever Wonder the True Cost of each Boat Ride? A few years ago I did a podcast episode on the second home as the anti-dividend. Feel free to listen to it again. In that episode, I talk mostly about the effect...
Read More#nickneedsU2know about Tax Planning as part of your annual financial planning strategy. I've been a strong believer in tax planning for 20 years. Everybody can benefit, but it is especially critical for small business owners, who have...
Read MoreRetirement Planning Retirement is not like it used to be. Making sure you have a plan set in place is crucial to enjoying your years in retirement. Although retirement today presents many challenges such as shrinking social security,...
Read MoreToday we finally took delivery of the furniture for the gathering space, aka "THE SUMMIT" as well as the second conference room. Just in time for the Sixth Annual Top of the Peak Summer Party! We are excited to have you at the office...
Read MoreNick Hopwood, CFP of Peak Wealth Management, host of Finding True Wealth talks about the true cost of owning that dream cottage up north. He breaks down the costs per year and even the cost per boat ride. You might be shocked how much...
Read MoreNick Hopwood, CFP of Peak Wealth Management, host of Finding True Wealth sits down with JJ Sovinsky, CPA of Sovinsky and Company, to talk about taxes now that we've had time to evaluate the new tax law consequences. Peak Wealth...
Read MorePeak Income 360: Pt. 4 Nick Hopwood, CFP® of Peak Wealth Management in Plymouth, MI talks about financial planning tips he thinks you need to know about. This episode of #nickneedsU2know covers the final installment of the Peak...
Read MoreIt's Officially Time to RSVP for Top of the Peak Summer Party! Please join us for our Top of the Peak Summer Party! The event will take place at the offce on Thursday, August 1st from 4pm-7pm, featuring middle eastern food from Sheesh...
Read MorePeak Income 360: Pt. 3 Nick Hopwood, CFP® of Peak Wealth Management in Plymouth, MI talks about financial planning tips he thinks you need to know about. This episode of #nickneedsU2know covers the third installment of the Peak...
Read MoreWar for Your Wallet Nearly everyday we are constantly bombarded with thousands of different media messages attempting to sell us a new product. Many individuals struggle with their wants versus their needs. It can be extremely...
Read MoreNick Hopwood, CFP of Peak Wealth Management, host of Finding True Wealth sits down with Joe Owczarek to talk about Private Equity investing, the opportunity, how the markets have changed over the last 30+ years, and finally how...
Read MoreLearn How to Streamline Your Parent's Situation Money management can be a very overwhelming thing for your parents as they get older. Family view allows you to store both your parent's financial and legal information all in one safe...
Read MoreThe Desire of Desire Throughout time, many people have referred to money as "the desire of desire". So what exactly does this mean? In her article Money: A Love Story, Dr. Elesa Zehndorfer explains that various physiologists have...
Read MoreHow Do You Earn $500k per year and Still Feel Average? Recently I came across this infographic which showed how you can earn $500k per year and still feel average. In this episode, Nick and Jim talk about how the assumptions may be a...
Read MoreLife Insurance: How much do you need? Nick Hopwood, CFP® of Peak Wealth Management in Plymouth, MI talks about financial planning tips he thinks you need to know about. This episode covers life insurance and how you may need more...
Read MorePlan with us Today! Whether it's your dream to own a vacation home, travel abroad, or have the ability to pay for your kids college education, the best time to start planning is today. Here at Peak Wealth Management we will work with...
Read MoreEligibility In the post-pension world, we need to take full advantage of the retirement plans offered by our employers. If you work for certain tax-exempt organizations such as a hospital, university, or state/local government, you may...
Read MoreSocial Security and When to Elect Nick Hopwood, CFP® of Peak Wealth Management in Plymouth, MI talks about financial planning tips he thinks you need to know about. This episode covers Social Security and when to elect. To learn...
Read MorePeak is officially 5 years old Peak Wealth Management is proud to announce that as of June 3rd, 2019 we are celebrating our 5 year anniversary of helping clients retire with confidence. We are so proud of all our colleagues that have...
Read MoreNet Worth Tracking and its Benefits Nick Hopwood, CFP® of Peak Wealth Management in Plymouth, MI talks about financial planning tips he thinks you need to know about. This episode covers net worth tracking and the resources Peak...
Read MorePeak Wealth Management is proud to provide you with a mobile experience that allows you to oversee your entire financial life. Whether you need to view your account balances, track your financial goals, or upload important documents,...
Read MoreDid you know that May 29 (5/29) is recognized as National 529 College Savings Plan Day? A 529 can be a powerful way to save tax free for not just college but K-12 education expenses.
Read MorePlanning, determination, and hard work are some of the key components which leads to one's financial success. However, many financial decisions involve challenges as the financial landscape is always changing. Peak Wealth's systematic...
Read MoreNick Hopwood, CFP® of Peak Wealth Management in Plymouth, MI talks about financial planning tips he thinks you need to know about. This episode covers the term budget as well as expense tracking and the resources Peak Wealth...
Read MoreMeet Erin! Erin is our 2019 summer intern. Erin will be entering her Junior year at Michigan State University in the fall with a major in Communications and a double minor in Graphic Design and Health Promotion. Throughout the summer...
Read MoreI came across an article by Christy Bieber at The Motley Fool, about 3 Money Mistakes she made. It caught my attention because they were things that we see often and talk about a lot. They involve knowing how much you need to be saving...
Read MoreWe've been under construction for a month now, and we suspect we have another month to go. Below are some pictures of the new stone work just completed today. Up next is finishing the new restroom, a little more drywall, paint, and...
Read MoreThe decision to retire is not about finally accumulated a specific amount of money. Other factors play a huge role in your retirement readiness starting with your living expenses and extend into non-financial issues like having a plan...
Read MoreFrom Success to Significance After reading the book, "Half-time," I thought it would be great to sit down with Chip DeClue, who is a friend and Halftime Coach. During our conversation, Chip shares and reflects on his interesting story...
Read MoreHave You Considered a Roth Conversion? As the tax deadline approaches. so does the deadline for 2018 Retirement Account Contributions. Now is the time to make a deposit for your 2018 Traditional IRA, Roth IRA, SEP IRA, or Solo K. For...
Read MorePeak Wealth Management is a Registered Investment Advisor and comprehensive financial planning firm located in Plymouth, MI. We believe by providing education and guidance, we inspire our clients to make great decisions putting them on...
Read MoreAs your tax bill is due imminently, you may be wishing you did a little tax planning back in the fall (when you had more control to make changes). We always recommend using a CPA® and doing tax planning each fall as part of your...
Read MoreNick Hopwood, CFP® of Peak Wealth Management in Plymouth, MI talks about financial planning tips he thinks you need to know about. This episode covers the 401k Max vs the 401k Match and why you need to know the difference! To...
Read More5 Mistakes Teachers Are Making With Their Retirement In October 2016, the New York Times released an article titled "Think Your Retirement Plan is Bad, Talk to a Teacher". This 5 part article highlighted many of the pitfalls and...
Read MoreWith the tax deadline getting closer, the opportunity to procrastinate is getting away from us. While we are forced to get our tax documents together, why not take this opportunity to tackle some other commonly procrastinated financial...
Read MoreJoin Nick and Jim as they Talk about Why 401k's are Not Fair IRA, Roth IRA, 401k, Roth 401k, Simple IRA, SEP IRA, Single K, Solo K, say what? These are usual suspects when it comes to #retirement funding. Which are you eligible for,...
Read MoreNick Hopwood, CFP® of Peak Wealth Management in Plymouth, MI talks about financial planning tips he thinks you need to know about! This episode is all about the HSA and why it may be the biggest NO-BRAINER in the history of the...
Read MoreSlaying 1099 Requests for over 15 years Meet Garrett’s mom (Patti) aka "The 1099 Tax Slayer." Legend has it she completed 50+ 1099 requests in one day! If you need your 1099, just call our 1099 Tax Slayer! #taxslayer If you don't...
Read MoreIt that time of the year where we need to start the tax filing process. Unfortunately, every year we hear stories about how someone was taken advantage of because of a tax scam. While some tax scams can be seen from a mile away, others...
Read MoreNick Hopwood, CFP® of Peak Wealth Management in Plymouth, MI talks about financial planning topics which he thinks you need to know about! Subscribe today here on Youtube.com/peakwealthmgmt or visit us at peakwm.com
Read MoreSmall Business 401k Plan Design Nick Hopwood, CFP® chats with Scott Westgate, founder and president of MBC Retirement Services, located in Rochester, MI. Peak and MBC have worked together on many plans since 2002 with tremendous...
Read MoreWe start every New Year with great intentions of keeping our resolutions. Whether you wanted to get in better health, be more disciplined or get control of your finances, it's not to late to get back on track. See the attachment for...
Read MoreGwen has worked in the financial services industry since 2007 and her client-centered approach is a result of 30 years in administrative operations and customer service. She joins us after spending the past 11 years with a boutique...
Read MoreDon’t Buy Stuff You Cannot Afford You may have noticed that each month on the first of the month, I like to re-post the podcast episode 13 “Track Your Expenses and Net Worth!” It is a highly recommended, simple...
Read MoreSchedule an Appointment Health savings accounts, or "HSA" for short, have been around since 2003, when President Bush improved upon medical savings accounts and flexible savings accounts. HSAs are superior compared to their...
Read MoreSocial Security Insights for Younger Clients This article written by Mark Hulbert on Social Security funding caught my attention today, because it clearly explains what I've been telling people for years: Social Security is not going...
Read MoreStill starting slow but we do have some updates to share with the conference room (new chairs and counter). Jim stumbled upon a drinking fountain (or bubbler if you live in Wisconsin), and Nick is perplexed in the new kitchen!
Read MoreWe have all heard about the government shutdown and the employees who were not receiving a paycheck. What if we put ourselves in their shoes. How well positioned are we to miss a paycheck or two or more. We always encourage clients to...
Read MoreThe first of the month means it is time to update our spending and net worth spreadsheet for the prior month. This should be posted each month on the first as a reminder for all of us. This month should be a lot better than last month!
Read MoreStar Wars meets Financial Planning Tune in for my take aways from Donald Miller's "Building a Story Brand." All great movies follow a traditional formula - we have a Hero, a Villain, and a Guide/Coach as three of the main characters in...
Read MoreA client recently forwarded us an article on 5 money mistakes people make. She thought it sounded like the advice we had been giving her and we agree.
Read MoreStop! Listen to EP 026 first, which is the 2018 edition of Nick's Personal Financial Plan. It gives you the foundation for this episode. The goal here is demonstrate our 100% transparent and 100% authentic approach to offering sound...
Read MorePeak Wealth Management Global Headquarters Remodel Update Not a lot of action yet, but we did add a new TV in the lobby for some active signage! We expect to take over the full space by the end of the month, so we're running a month...
Read MoreWe are pleased to introduce you to the 2019 Invest In Others Scholarship recipients. Breann Allen: Breann is currently enrolled at Lake Erie College in their masters level Physician Assistant Program. Her goal upon graduation is to...
Read MorePresident Donald Trump recently slapped tariffs of 25 percent on imported steel and 10 percent on foreign aluminum, prompting significant concern and discussion about the wisdom of this action. As an economist who shares some of those...
Read MoreThe Markets People love rules of thumb. Sometimes, mental shortcuts are helpful. Other times they are not. When it comes to investing, seasonal shortcuts are not uncommon. In fact, January boasts two: The January Effect explains why U...
Read More2019 Outlook While nobody knows what 2019 has in store for us, we came across a couple reports we would like to share with you from Vanguard, 3D Asset Management, and LPL Research. In a year that is sure to have continued volatility,...
Read MoreTop 5 Episodes of Finding True Wealth It's always fun to look back and review the the prior year. We put a lot of effort into the podcast to bring you quality content. We find existing clients listening as well as people who are...
Read MoreThe Markets Investors will think of the last quarter of 2018 for years to come, but they won’t remember it fondly. The Economist described it like this, “After a rotten October and limp November, the S&P 500 tumbled in...
Read MoreThe Markets Investing during the month of December was like traversing an icy mountain stream. It delivered a staggering shock to the senses that triggered the instinct to, “Get Out!” When it comes to investing, that...
Read MoreSanta’s sleigh is usually pulled by reindeer. This year, it looks as if it will be pulled by a team of bears. My nine year old son witnessed me reviewing market charts on my iPad Saturday morning and correctly remarked...
Read MoreFinancial Planning expert Nick Hopwood, CFP® and Jim Pilat, AIF® talk about the 403b investment landscape, focusing on a NYT article from a few years back. Fortunately we have arrangements with non-profit institutions such as...
Read MoreThe Markets Ouch! It never feels good when the stock market heads south, and that’s what happened last week. The Standard & Poor’s 500 Index (S&P 500), Dow Jones Industrial Average, and Nasdaq Composite all moved into...
Read MoreMarkets have been extremely volatile as of late, so financial planners/financial advisors/wealth managers Nick Hopwood, CFP® and Jim Pilat, AIF®, talk markets and react to Facebook Guy, who makes fear-mongering posts when the...
Read MoreThe Markets We’re off to a slow start. December is usually the best month of the year for the stock market. It has been since 1950, according to Randall Forsyth of Barron’s, but not so far this year. Two issues made...
Read MoreRecently a couple decided to partner with Peak as their advisor/planner and we were reviewing what their former advisor put together for them. At first glance, the former advisor's fees were in line and the investments looked fine, but...
Read MoreThe BluePrinting Process is the best place to start! The Blueprinting Process is a series of exercises we created to help you live your life by design, not be default. The purpose of these exercises is to help ignite your relentless...
Read MoreSocial Security is More than a monthly check. Do you realize it can be worth well over a million dollars? Its a pension with cost of living inflation adjustments, which pretty much do not exist anywhere else. It is a pension for a...
Read MoreExamining Donor-Advised Funds - Making it Easy to Make A Difference Americans donate billions to charity annually. If you give to charity, you need to know about one of the best tools to facilitate generosity: Donor-Advised Funds...
Read MoreThe Markets Hold on to your hats! Recently, stocks have delivered a wild ride. During Thanksgiving week, U.S. stock markets took investor uncertainty on the chin, suffering a 3.8 percent drop, which was the worst performance in eight...
Read MoreToday we are speaking with Brian cook, who is the founder and editor of MGOBLOG. From Go Blue Cook Family Supports You to breakfast on campus with Sexy Grandpa to earning $10 per post from AOL, loyal readers of MGOBLOG finally get a...
Read MoreThe Markets It was a turkey of a week. The United States and China continued to spar over trade and other issues. An expert from Moody’s told Frank Tang of the South China Morning Post (SCMP) the United States-China dispute will...
Read MoreHurry! The Deadline for Scholarship Applications is fast approaching! The Invest in Others Scholarship Application deadline is Friday, November 30th. Each year, Peak Wealth Management awards multiple $1,000 scholarships to deserving...
Read MoreHave you been waiting for The Peak Times? Your wait it over! The Fall 2018 edition is now available - Click Here! Peak Wealth Management is a full-service Registered Investment Advisor located in Plymouth, MI. We believe by providing...
Read MoreHigher Social Security checks, lower health-insurance costs and a longer-lasting nest egg are possible when spouses stagger their retirements For many couples, retiring at the same time seems like the obvious thing to do. But from a...
Read MoreThe Markets Keep your eyes on the horizon. Motion sickness happens when your body receives conflicting signals from your eyes, ears, and other body parts. One way to manage the anxiety and queasiness that accompany the condition is by...
Read MoreThe tricky thing about this industry is that it is hard to understand who is qualified and who is not. Just check out this commercial the CFP Board put out a few years ago - click here. Experience is good for an advisor to have, but...
Read MoreThe Deadline for Application Submittal is Dast Approaching The deadline for receipt of the Invest in Others Scholarship applications is the end of November. If you know of a young adult who is heading off to college or currently in...
Read MoreIf you haven't taken a look at our planning software, consider spending ten minutes watching the demo below:
Read MoreThe IRS has increased the 401k limit in 2019 to $19,000 The basic employee contribution limit for 2019 is $19,000, up from $18,500 in 2018. To encourage those nearing retirement to accelerate their savings, the IRS allows 401(k)...
Read MoreThe Markets How are you feeling about financial markets? Some votes are still being counted but investors appear to be happy with the outcome of mid-term elections. Major U.S. stock indices in the United States moved higher last week,...
Read MoreThe Markets Stocks recovered some ground last week and then stumbled over unemployment. Major U.S. stock indices faltered Friday after the Bureau of Labor Statistics (BLS) reported on a popular ‘lagging’ economic indicator...
Read MoreThe Markets Why did the stock market fall when the economy is doing well? The answer is that one reflects the past and the other anticipates the future. Last Friday’s advance estimate from the Bureau of Economic Analysis showed...
Read MoreIf you are not utilizing the Plan with Peak portal you are missing out on an invaluable tool for staying current on your financial picture. Your financial success starts HERE. Plan with Peak is your complete financial portal. It is our...
Read MoreThe Markets The world remains full of opportunities and challenges. Although we’ve seen global markets moving in tandem in recent years, Sara Potter of FactSet pointed out, “…we’re starting to see the end of...
Read MoreTripling Our Office Space We are happy to announce that we are growing. We recently added a new advisor, Jim Pilat, AIF® to our team and are now looking at expanding our office space to better serve you. Effective January 1, 2019,...
Read MoreFinancial Planning Spotlight - The Monte Carlo Stress Test If you have been a Peak client for more than a few months then you have experienced our robust financial planning software, which we call PlanwithPeak.com (PWP). One unique...
Read MoreThe Markets The stock market tends to be a leading economic indicator. Last week offered some insight to economics and stock market behavior. The U.S. unemployment rate reached its lowest level since 1969 and wages moved higher, yet...
Read MoreThe Markets It wasn’t headline news… But, if newsprint was still popular, last week’s key economic news would have appeared below the fold. The Federal Reserve raised rates for the third time in 2018, as expected. In...
Read MoreThe Markets Did you hear the news? A tech company introduced a microwave you can turn on using Wi-Fi – as long as you have one of the company’s voice assistants at home, reported Kaitlyn Tiffany of Vox. Soon, the voice...
Read MoreJoin Nick and Jim as they rap about a recent meeting which did not work out as planned. We had the chance to help someone go from good to great, but it turns out that we are not the right fit for everyone! Peak Wealth Management is a...
Read MoreThe Markets All investors are consumers, but not all consumers are investors. The September installment of University of Michigan’s Consumer Sentiment Survey reported Americans are feeling pretty optimistic. Consumer sentiment...
Read MoreThe Markets Remember: Volatility is normal. Major U.S. stock market indices climbed into record territory during August. They gave back some gains last week. Peter Wells of Financial Times explained: “Speculation about a fresh...
Read MoreThe Markets Where is our country’s biggest export market? Markets were fired up last week after the United States and Mexico agreed on new trade rules. The Standard & Poor’s 500 (S&P 500) Index reached an all-time high and...
Read MoreThe Markets Tick, Tock. Not everybody loves meetings and even fewer enjoy reading the minutes, but investors make an exception with the Federal Reserve. This week the Fed published the minutes from its August 1 meeting. While no...
Read MoreThe Markets As Maxwell Smart used to say… Missed it by THAT much! After a rocky start, the Standard & Poor’s 500 Index came within 1 percent of an all-time high last week, reported Ben Levisohn for Barron’s....
Read MoreGet to know Jim Pilat, AIF® our newest team member at Peak Wealth Management! Jim shares with Nick his background and story as to how he became an advisor, and why joining the firm is a "Nash Equilibrium."
Read MoreOften people will ask me how should they prioritize their retirement funding vehicles - should they should fund their Traditional 401k, Roth 401k, Traditional IRA or Roth IRA? What makes the most sense when it comes to contributing to...
Read MoreThe Markets Let’s talk Turkey! So, how did a country that represents just about 1.4 percent of the world’s economy spark a global selloff? Turkey was once a rising star. The country’s Prime Minister Recep Tayyip...
Read MoreMeet Patti! Patti is our Operations Manager. Patti currently resides in Plymouth and has two kids, Paige and Garrett. She came to the firm with over 25 years of experience in the operations, compliance, and customer service industries....
Read MoreMeet Renee! Renee is our team's Operations Assistant. She currently resides in Canton with her husband, and has a son and daughter-in-law who live in New York. Renee recently joined our firm after working many years in the client...
Read MorePeak has experienced significant growth over the past few years and we've been searching for an associate advisor to join our team who shares our beliefs, core values, and mission. A planner who believes in planning and inspiring our...
Read MoreMeet our Intern, Will! Will has been our intern throughout this summer. As school time approaches, he will soon be heading back to the University of Michigan for his senior year. Will is looking forward to his final year of school, but...
Read More#nickneeds2know are you a preventer or a reactor when it comes to your personal health #healthyieldswealth. Join in the conversation using #nickneeds2know. embed video here
Read MoreThe Markets Is it a sugar rush or something more sustainable? Economic growth in the United States was strong during the second quarter. Gross domestic product (GDP), which is the value of all goods and services produced in the United...
Read MorePlease join us for our Top of the Peak Summer Party. The event will take place at the office on Thursday, August 16th from 4pm-7pm, featuring Mediterranean food from Sheesh, live music from R&R Acoustic Duo, and of course, your...
Read Moreembed video here #nickneeds2know which painting do you like better? The one on the left or the right? One of them was painted by me, and one by my wife. Vote below using #nickneeds2know and I will let you know who painted which one...
Read MoreThe Markets Last week, there was some good news and some notable news. Here’s the good news: Corporate earnings have been strong. As of July 20, 17 percent of the companies in the Standard & Poor’s 500 Index had reported...
Read MoreThe Markets Investors are becoming more discriminating. Trade tensions escalated as the U.S. administration expanded tariffs on Chinese goods last week. You wouldn’t have known by watching the performance of benchmark indices,...
Read More#nickneeds2know what your experiences have been with camping? Have you been a camper your whole life, or just recently started picking it up? Or, are you an anti-camper? Feel free to engage in the conversation about your own personal...
Read More#nickneeds2know are you crazy enough to ride this trap door water slide? The boys did it in exchange for some dippin dots! Join the conversation below using #nickneeds2know
Read MoreThe Markets What a rollercoaster of a quarter! When it comes to the American Association of Individual Investors (AAII) Sentiment Survey, respondents tend to be more bullish than bearish about U.S. stock markets. The survey’s...
Read MoreThe Markets There’s a bear in China – and it’s not a panda. The Shanghai Stock Exchange (SSE) Composite Index, which reflects the performance of all shares that trade on the Shanghai Stock Exchange, dropped into bear...
Read MoreThe Markets What time is it? The yield curve may be the pocket watch of economic indicators. It’s been around for a long time and it’s often right, but not always. The yield curve is the difference between the interest paid...
Read More#nickneeds2know are you still drinking soda? If so, is it regular or diet? Engage in the conversation using #nickneeds2know and let me know what you think!
Read MoreThis year, we were fortunate enough to have Ben Lavine, CFA®, CAIA, and Chief Investment Officer of 3D Asset Management, come speak with us again. The event was held at The Inn at St. Johns and involved a general speech from Ben as...
Read More** embed podcast/bean link here ** Nick Hopwood, CFP® chats with Benjamin Lavine, CFA®, CAIA, and Chief Investment Officer of 3D Asset Management. Benjamin discusses his take on the markets and economy from the first half of...
Read MoreThe Markets Deal or no deal? Last week opened with heightened trade tensions between the United States and its allies. It closed with the United States imposing new tariffs on $50 billion of Chinese goods. The Chinese declared it was...
Read MoreIn the inaugural #nickneeds2know as we have spring break behind us and summer vacation ahead, we want to know if you’ve experienced the vacation blues?
Read MoreSome "Financial Planners" don't do any Financial Planning at all - they are simply salespeople who sell financial products like insurance, annuities, and mutual funds. At Peak, it is a little bit different. We don't sell financial...
Read MoreThe Markets If the countries were instruments, last week sounded like a fifth grade garage band. World markets were buffeted by a clamor of good, bad, and unexpected news last week. Events that captured media and investor attention...
Read MoreNick Hopwood, CFP® chats with Rick Guttersohn, the Executive Director at New Hope Center for Grief Support. Rick teaches us about "Fun" raising, Blueprinting as it relates to grief support, and the generational impact New Hope has...
Read MoreThe Markets Too much? Too little? Or just right? U.S. stock markets were relatively calm, although they finished the week lower. U.S. Treasury yields hit a 7-year high and finished the week above 3 percent. While these were notable,...
Read MoreI hate the word budget. It reminds me of being on a diet. For some reason, people hate diets AND budgeting. This ten minute podcast uncovers a new spin on budgeting – expense tracking. Learn how to combine expense tracking with...
Read MoreThe Markets Splash! How do employers lure staff in a tightening labor market? The curly tail grubs and spinnies of the business world are higher wages and better benefits. During the past decade, the employment picture in the United...
Read MoreHave your contracts reviewed! Nick chats with Rick Hoeg of @HoegLaw about Star Wars, Michigan Football, and course, Business Law! Given Rick's background and experience with small business and venture capital, he has unique insights...
Read MoreDon't Die Intestate! Nick chats with Estate Planning Attorney Marc Wander of the Marc Wander Law Firm. Learn about Marc's "Retirement Trust" concept as well as discussing many of the common pitfalls he sees people making with their...
Read MoreWe've updated our New Client Questionnaire! If you are a new Peak client, be sure to download that form and fill it everything which applies to your situation. And if you're a long time Peak client it wouldn't hurt to review it to make...
Read MoreNick chats with Shawn Presnell from Academy Mortgage about America's Refinancing Addiction, the state of the mortgage industry, and how he approaches his loan design. Shawn has over 15 years of experience and is a trusted resource for...
Read MoreHot off the press! The latest edition of The Peak Times is now available in pdf format. Click the image below to download the latest edition or click here to view past editions! The printed edition should show up in your mailboxes...
Read MoreThe Markets The world is in debt. The April 2018 International Monetary Fund (IMF) Fiscal Monitor reported global debt has reached a historically high level. In 2016, debt peaked at 225 percent of global gross domestic product (GDP)...
Read MoreWhat do you think? Are you bullish, bearish, or neutral about the U.S. stock market? Are U.S. stocks undervalued, overvalued, or fairly valued? What is the biggest threat the U.S. stock market faces this year? During the first four...
Read MoreNick chats Social Security Disability with veteran attorney Jason Steinhelper of the law firm Levine Benjamin. Jason has represented thousands of clients seeking to obtain Social Security Disability over the last 11+ years. Learn more...
Read MoreCongratulations Nick for your Investment News 40 Under 40 Nomination! InvestmentNews' 40 Under 40 project aims to reveal the tremendous potential in the financial advice industry by finding young talent doing remarkable things. Key...
Read MoreFor the 8th year in a row, Nick has been recognized as a Five Star Professional in Wealth Management! Five Star Professional conducts market research to define and promote professional excellence in the profession they serve. For the...
Read MoreWe are pleased to announce our Partnership with TriState Capital We can now offer clients a securities-backed line of credit Just like a Home Equity Line of Credit (HELOC) for your house, this is a securities-backed line of credit from...
Read MoreThe Markets You could almost hear the spurs jingling. Trade tensions ratcheted higher last week as the United States and China staked new positions on the not-so-dusty main street of trade. It was the latest round of posturing in what...
Read MorePeople are always asking me, “Do I have enough to retire?” They expect me to be able to look at their 401(k) statement and give them a yes or no answer in two seconds flat! The truth is it doesn’t matter how much...
Read MoreThe Markets Why am I saving and investing? After a week like last week, it’s an important question. There are many reasons people save and invest, including to: Live the life they want today and in the future Accumulate resources...
Read MoreIn this episode, Coach Ben and Coach Kevin, from the InFlow Wellness Academy, sit down with Nick Hopwood, CFP and chat about "How much is enough?" Learn more about InFlow. Peak Wealth Management is a full-service Registered Investment...
Read MoreWe are pleased to host Nick Hopwood, CFP, President and CEO of Peak Wealth Management, LLC, to discuss his path towards independence following his departure from LPL Financial and turning Peak Wealth Management into a successful...
Read MoreSocial Security is more than a monthly check. Do you realize it can be worth well over a million dollars? A $1,500/mo SS payment with 1.5% inflation will add up to over $675,000 in 30 years. If your check is $2,000/mo for 30 years the...
Read MoreThe Markets It’s a good time for a gut check. Last week, after sliding lower for four days, the Standard & Poor’s 500 Index recouped some of its losses on Friday. The reasons behind the week’s poor showing were...
Read MoreThe Markets It’s a bird…It’s a plane…It’s a labor shortage! There is little doubt the Millennial generation has been reshaping our world. One of the most remarkable aspects of this demographic group is a...
Read MoreSchedule an Appointment Recently a bunch of things have happened which got me thinking. The teacher at school was teaching about loans, or bonds; a wholesaler for one of the mutual fund companies introduced me to a program they are...
Read MoreThe Markets As Yogi Berra once said: It’s déjà vu all over again. Last week, global stock markets took a bit of a dip after President Trump announced a 25 percent tariff on steel and a 10 percent tariff on aluminum....
Read MoreThe Markets U.S. Treasuries are offering a lesson in supply and demand. Last week, the U.S. Treasury auctioned $258 billion in bonds. Treasury auctions are the way the United States government finances its debt. The Treasury sells...
Read MoreThe Markets As New York Fashion Week ended, inflation strutted its stuff. Ever since the Federal Reserve began raising the Fed funds rate in 2015, analysts have been anticipating higher inflation. The fact that price increases remained...
Read MoreThe Markets Back to reality... After months of eerie calm, stock market volatility has returned. The CBOE Volatility Index (VIX) – a measure of how turbulent investors expect stock markets to be during the next 30 days –...
Read MoreDr. Russ Dore of PCS Counseling and Dore Productions sits down with Nick to chat about Finding a Satisfying Second Career. Dr Russ has consulted with hundreds of individuals in transition and shares some stories and takeaways from his...
Read MoreThe Markets It was not a good week for stocks. Last week, stock markets around the world lost value. In the United States, the Standard & Poor’s 500 Index (S&P 500), Dow Jones Industrial Index (Dow), and NASDAQ all finished lower...
Read MoreThe Markets The numbers are coming in. Publicly-traded companies report their earnings and sales numbers for the previous quarter in the current quarter. For example, fourth quarter’s sales and earnings are reported during the...
Read MoreThe Markets Last week, the United States government might as well have hung a sign on the front door of the Capitol that read, “Gone negotiating. We’ll be back in…however long it takes.” In 2013, the U.S....
Read MoreRetirement is a major life transition, but its stages are predictable. Sadly, most people don’t think it through all the way. Many retire simply because they hate their job or as soon as they have enough money. But, they work...
Read More2017 was by far the best year ever for Peak. Join Nick as he reflects on some of the things going on driving growth and what we are working on for 2018. This is your chance to to kick the tires and look under the hood on how a...
Read MoreThe Markets Inflation, inflation, where’s the inflation? The U.S. Federal Reserve has been raising interest rates in anticipation of higher inflation. In its 2018 forecast, Goldman Sachs indicated it expected to see “a...
Read MoreEver wonder how a CFP manages their own money? Listen as Nick talks about his personal financial plan for 2018. Everything from cash flow, investments, debt, and real estate. January is the perfect time of year to evaluate and update...
Read MoreThinking of a cottage up north or a condo in Florida? Listen to EP 025 of Finding True Wealth and hear about Nick's personal experience as well as what he has learned from client experiences and why owning a second home is The...
Read MoreCongratulations to our 2018 Scholarship Recipients! We are pleased to announce the recipients of our 2018 Peak "Invest In Others" Scholarship! These students have demonstrated outstanding academic achievement, as well as significant...
Read MoreThe Markets Whoosh! Bang! Flash! Fizz! Whistle! U.S. stock markets delivered their own version of fireworks to celebrate the New Year. During the first week of 2018, the Dow Jones Industrial Average hit a new all-time high, moving...
Read MoreWeekly Market Commentary January 2, 2018 The Markets How good was 2017? It was so good, the Standard & Poor’s (S&P) 500 Index finished in positive territory every month for the first time ever (on a total return basis), reported...
Read MoreJoin Nick as he talks Real Estate Investing and updates you on his personal real estate porfolio and why he loves real estate. If you haven't heard EP 006you should start there. Investing in real estate is part of the Peak Income 360...
Read MoreJoin us Jan 11, 2018 for Health Yields Wealth 2.0
Read MoreThe Markets Here we come a tax-reforming… The reconciliation of Congressional tax reform bills proceeded apace last week, and Congress is expected to vote on the measure early this week. If tax reform passes, Dubravko...
Read MoreThe Markets “It's the hap- happiest season of all.” While holidays don’t make everyone happy, investors should be feeling festive. The Standard & Poor’s 500 Index is up more than 18 percent year-to-date. The Dow...
Read MoreMany thanks to the 134 clients and guests who joined us at Fox Hills for our annual Christmas Party! Thanks for helping make the 2017 edition was the best party yet! Another great big THANK YOU to those who donated non-perishables to...
Read MoreListen to the latest edition of Finding True Wealth as Nick reminisces about the industry twenty years ago and reflects on what he would be looking for when selecting a CFP/financial planner. CLICK HERE
Read MoreThe Markets There was a lot to be thankful for last week. Stock markets around the world may have ripened to full-slip sweetness this year. Emerging markets have delivered the most attractive returns year-to-date. The MSCI Emerging...
Read MoreAre You Ready to Retire? There is a simple and unsettling reality in the United States. Most Americans are not financially prepared for retirement. Some are completely unprepared. The Employee Benefits Research Institute (EBRI)’s...
Read MoreThe Markets Selling it overseas. Most of the companies in the Standard & Poor’s 500 (S&P 500) Index have reported third quarter earnings per share (EPS), which is the profit earned per share of stock outstanding during the...
Read MoreThe Markets “Taxes are what we pay for a civilized society.” U.S. Supreme Court Justice Oliver Wendell Holmes’s statement is engraved on the front of the Internal Revenue Service building in Washington, D.C. Some...
Read MoreSmartphones are incredibly handy. That may be why about three of every four Americans own them.1 On average, smartphone users spend almost three hours a day – 86 hours every month – using their phones. They send texts and email,...
Read MoreHow times change! In 1940, half of Americans finished their education in eighth grade. College degrees were relatively rare. Just 6 percent of men and 4 percent of women had one.1During the past 80 years, college has become far more...
Read MoreLabor Day is about a lot more than the end of summer and the start of a new school year. The holiday, which celebrates American workers, became a federal holiday in 1894 and was created to recognize the contributions and achievements...
Read MoreIn a 2002 interview with Mike Wallace, former First Lady Nancy Reagan said she often reread the love letters written by her husband, former President Ronald Reagan. The letters, which had sustained and enriched their relationship,...
Read MoreWhile some may be concerned about the iconic American meat that arrives in a rectangular 12-ounce tin (and is inexplicably popular in certain island states and American territories), more should be wary of its namesake – the spam that...
Read MoreThe idea of Artificial Intelligence (AI) may bring to mind movies like Terminator, Wall-E, and Transcendence, but the reality of AI is expected to help people find answers to some significant issues. For example, a PwC survey found:1 •...
Read MoreOn July 4, 1776, the American colonies claimed independence from Britain. This declaration eventually led to the formation of the United States. As we celebrate the birth of our great nation, test your knowledge with this brief quiz.1...
Read MoreThe bull market in U.S. stocks has been charging ahead for more than eight years.1 While that’s young in people years, it’s ancient in bull market terms. Since World War II, the longest bull market in U.S. stocks lasted for almost...
Read MoreIn the post-pension world, we need to take full advantage of the retirement plans offered by our employers. If you work for certain tax-exempt organizations such as a hospital, university, or state/local government, you may be eligible...
Read MorePeople are always asking me, “Do I have enough to retire?” They expect me to be able to look at their 401(k) statement and give them a yes or no answer in two seconds flat! The truth is it doesn’t matter how much...
Read MoreDespite everything you have heard, your house and your 401k are not your largest asset – your career path and income are your biggest asset by far. Listen as we give one simple tip on how to maximize your largest asset,...
Read MoreLearn about the sweet spot of Roth IRA Conversion from Nick Hopwood, CFP. How do some people convert their IRA to a Roth IRA with little or no tax due? http://peakwm.com/podcast/Rothconversion.mp3
Read MoreAs Published originally on Investopedia.com Attention Millennials: Your house and your 401(k) are not your largest assets. Despite everything you may have read or heard, your house and your 401(k) are not your largest assets—your...
Read MoreThe First $100,000,000 is the hardest! We are proud to announce that Peak Wealth recently reached $100M in client assets! Many thanks to our loyal partners over the past 17 years!
Read More0Meet Renee Kowal, the newest edition to our team! Renee has recently joined Peak as an Operations Assistant. She comes to Peak with many years of professional experience in a client based service industry. She has been married to her...
Read MorePensions don’t exist like they did in the past. Peak Income 360 seeks to replace that pension by adding multiple passive income streams. http://peakwm.com/podcast/Income360.mp3
Read MoreI hate the word “budget.” It reminds me of being on a diet. For some reason, In this day and age our human nature struggles with limits. So when I speak with people about their cash flow, I don’t talk about budgeting,...
Read MoreNick speaks with John Diehl, SVP at Hartford Funds and liaison to the MIT Age Lab, where they do a lot of cool research! Our topic today is the 5 ways technology will change the way we age. Check out this white paper which covers the...
Read MoreOur goal when we meet is to determine if there is a fit between what you are looking for and the services we provide. In order to make the best use of our time, please use the resources below to help prepare. Prior to your initial...
Read MoreFrom success to significance: Chip shares his story about reaching “Halftime” in his life. Learn why he walked away (in his early 50’s) from his successful 26 year career as VP of Finance at Enterprise Car Rental and...
Read MorePeak Blueprinting Booklet Small File The Blueprinting Process is a series of exercises we created to help you live your life by design, not be default. The purpose of these exercises is to help ignite your relentless burning desire,...
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