How to Optimize Retirement Taxes & Avoid Costly Mistakes with Taylor Schulte (Episode 46)

5 Outdated Financial Practices to Leave Behind in 2026 (Episode 49)

Summary: In this episode of Wealth on the Move, hosts Will Hoffman and Brynn Tarbuck discuss five outdated practices in the wealth management industry that need to be left behind. They explore the ineffectiveness of dinner seminars, the rise of financial influencers, the misconceptions surrounding life insurance as an investment, and the importance of integrated financial advice. The conversation emphasizes the need for a client-centered approach and the dangers of siloed advice in financial planning. In this conversation, Will and Brynn discuss the importance of collaboration among financial professionals, the challenges of founder limitations in firms, and the need for a client-centric approach in the financial profession. They emphasize the significance of integrating various professional insights to provide comprehensive financial advice and the necessity of building firms that can thrive beyond their founders. Resources:  * Wealth on the Move Episode with Ben Carlson [https://www.wealthonthemove.com/2026/04/23/ben-carlson-why-buy-and-hold-still-wins-even-after-a-30-year-market-crash-episode-48/] Takeaways: * The wealth management industry needs to evolve and leave behind outdated practices. * Dinner seminars often create a forced quid pro quo that doesn’t serve clients’ best interests. * Financial influencers can provide valuable content, but their advice should be vetted for credibility. * Life insurance is a tool for protection, not primarily an investment vehicle. * Siloed advice from different financial professionals can lead to misaligned strategies and poor outcomes. * Education-based seminars are preferable to high-pressure sales tactics. * Clients should seek validation from licensed professionals before acting on financial advice. * Integrated financial planning requires collaboration among advisors, accountants, and attorneys. * Relying on social media for financial decisions can be risky without proper validation. * A comprehensive financial plan should include multiple strategies and tools, not just one product. It’s important to move accountants into advisory roles. * Collaboration among professionals leads to better client outcomes. * Financial advisors need to consider lifetime tax implications. * Siloed advice can harm clients’ financial plans. * Building relationships with other professionals is crucial. * Firms should focus on values to ensure growth. * A founder’s limitations can bottleneck a firm’s potential. * Legacy building is essential for sustainable business. * Client-centric approaches improve overall service. * Professionals should strive to be agents of change. Connect with Will Hoffman:  * Hoffman Wealth Management [http://www.hoffmanwealth.com] * (724) 522-5411 * will@hoffmanwealth.com [will@hoffmanwealth.com] * LinkedIn: Will Hoffman  [https://www.linkedin.com/in/willhoffmanhwm/] * Facebook: Hoffman Wealth Management  [https://www.facebook.com/Hoffman-Wealth-Management-101186562746291] * YouTube: Hoffman Wealth Management [https://www.youtube.com/channel/UC1zbf-IxVDsOGxPykPyRz8w?app=desktop]

Ben Carlson: Why “Buy and Hold” Still Wins (Even After a 30-Year Market Crash) (Episode 48)

Summary: In this episode, Ben Carlson discusses long-term investing, the importance of diversification, managing investor psychology, and insights from his new book ‘Risk and Reward’. He shares lessons from Japan’s stock market history, debunks common investing myths, and emphasizes the value of simplicity and discipline in wealth management. Resources:  * Find Risk & Reward on Amazon [https://www.amazon.com/Risk-Reward-handle-volatility-long-term/dp/1804093262] * A Wealth of Common Sense Website [https://awealthofcommonsense.com/] * Animal Spirits Podcast [https://awealthofcommonsense.com/podcast/] Key  topics: * Long-term investing and buy-and-hold strategy * Lessons from Japan’s stock market history * The importance of diversification and avoiding concentration risk * Managing investor psychology and behavioral biases * Insights from Ben Carlson’s new book ‘Risk and Reward’ Connect with Will Hoffman:  * Hoffman Wealth Management [http://www.hoffmanwealth.com] * (724) 522-5411 * will@hoffmanwealth.com [will@hoffmanwealth.com] * LinkedIn: Will Hoffman  [https://www.linkedin.com/in/willhoffmanhwm/] * Facebook: Hoffman Wealth Management  [https://www.facebook.com/Hoffman-Wealth-Management-101186562746291] * YouTube: Hoffman Wealth Management [https://www.youtube.com/channel/UC1zbf-IxVDsOGxPykPyRz8w?app=desktop]   DISCLOSURE: BEN CARLSON AND RITHOLTZ WEALTH MANAGEMENT ARE NOT AFFILIATED WITH HOFFMAN WEALTH MANAGEMENT AND PRIVATE ADVISOR GROUP.

Retirement Rewirement: Why Most People Forget Why They Retired & How to Fix It w/ Bonnie Treichel (Episode 47)

Summary: In this episode of Wealth on the Move, host Will Hoffman engages with Bonnie Treichel, J.D., co-author of Your Retirement Sketchbook. They discuss the complexities of retirement planning, emphasizing the importance of visualization, the psychological shift required for retirement (termed ‘rewirement’), and the need for community and purpose in this new phase of life. The conversation also covers practical aspects like social security, the upcoming wave of retirements (Peak 65), and the often-overlooked topics of pets and digital footprints in retirement planning. The episode encourages proactive discussions about retirement and highlights the dynamic nature of financial planning. Resources:  * Your Retirement Sketchbook at Barnes & Noble [https://www.barnesandnoble.com/w/your-retirement-sketchbook-jamie-p-hopkins/1147372262] * Your Retirement Sketchbook on Amazon [https://www.amazon.com/Your-Retirement-Sketchbook-Planning-Financial/dp/1804091952] * Endeavor Retirement Website [https://endeavor-retirement.com/] * Connect with Bonnie on LinkedIn [https://www.linkedin.com/in/bonnietreichel/] Takeaways: * Retirement can feel confusing and overwhelming for many people. * Visualization is a powerful tool in understanding financial concepts. * The concept of ‘rewirement’ emphasizes a mindset shift for retirement. * Community, purpose, and recreation are essential for a fulfilling retirement. * Retirement planning is not a one-time event but a dynamic process. * Social security decisions can significantly impact retirement finances. * The upcoming Peak 65 wave will see a large number of retirements. * Pets can provide companionship and purpose in retirement. * Planning for your digital footprint is increasingly important. Connect with Will Hoffman:  * Hoffman Wealth Management [http://www.hoffmanwealth.com] * (724) 522-5411 * will@hoffmanwealth.com [will@hoffmanwealth.com] * LinkedIn: Will Hoffman  [https://www.linkedin.com/in/willhoffmanhwm/] * Facebook: Hoffman Wealth Management  [https://www.facebook.com/Hoffman-Wealth-Management-101186562746291] * YouTube: Hoffman Wealth Management [https://www.youtube.com/channel/UC1zbf-IxVDsOGxPykPyRz8w?app=desktop]   DISCLOSURE: BONNIE TREICHEL AND ENDEAVOR LAW ARE NOT AFFILIATED WITH HOFFMAN WEALTH MANAGEMENT AND PRIVATE ADVISOR GROUP.

How to Optimize Retirement Taxes & Avoid Costly Mistakes with Taylor Schulte (Episode 46)

Summary: In this episode, Will Hoffman interviews Taylor Schulte, CEO of Define Financial, about the importance of proactive financial planning, tax strategies, behavioral finance, and balancing life and wealth. They explore how high-income families can optimize their wealth, avoid common mistakes, and enjoy their journey to retirement. Resources:  * Visit Taylor’s Podcast Website [https://youstaywealthy.com/] * Connect with Taylor on LinkedIn [https://www.linkedin.com/in/taylorschulte/] * Buy More Than Money Here [https://www.amazon.com/More-Than-Money-Financial-Planning/dp/0857199900] * Buy Even More Than Money Here [https://www.amazon.com/Even-More-Than-Money-Financial/dp/1804091243] Key Topics: * Proactive tax planning and its long-term benefits * The impact of wealth on financial complexity * Common mistakes high-income families make before and after retirement * The importance of life and relationship planning in retirement * Behavioral finance and emotional decision-making in wealth management Connect with Will Hoffman:  * Hoffman Wealth Management [http://www.hoffmanwealth.com] * (724) 522-5411 * will@hoffmanwealth.com [will@hoffmanwealth.com] * LinkedIn: Will Hoffman  [https://www.linkedin.com/in/willhoffmanhwm/] * Facebook: Hoffman Wealth Management  [https://www.facebook.com/Hoffman-Wealth-Management-101186562746291] * YouTube: Hoffman Wealth Management [https://www.youtube.com/channel/UC1zbf-IxVDsOGxPykPyRz8w?app=desktop]

Narrative Wins: How Personal Stories Shape Financial Decisions w/ Joe Caruso & Shawn Mahoney, PhD | Episode 45

Summary: In this episode of Wealth on the Move, host Will Hoffman engages with Joe Caruso and Dr. Shawn Mahoney, co-authors of the book ‘Narrative Wins!’. They explore the profound impact of personal narratives on financial success and decision-making. The conversation delves into how the stories we tell ourselves shape our behaviors, particularly in the context of money, and emphasizes the importance of understanding and re-contextualizing these narratives to foster better financial outcomes. The discussion also highlights the role of fear and greed in financial decisions and the significance of client relationships in wealth management. In this conversation, the speakers delve into the intricate relationship between trust, personal narratives, and financial decision-making. They explore how trust is built and the impact of scarcity versus abundance mindsets on financial behaviors. The discussion highlights the psychological ties between love and money, the importance of understanding personal narratives, and the role of AI in enhancing financial advisory services. The speakers emphasize the need for self-awareness and the ability to shift narratives to foster better financial outcomes. Resources:  * Buy Narrative Wins! Here [https://www.amazon.com/Narrative-Wins-Learn-Person-Reason/dp/B0GCCBVWWP] * Connect with Shawn on LinkedIn [https://www.linkedin.com/in/shawn-mahoney/] * Connect with Joe on LinkedIn [https://www.linkedin.com/in/josephacaruso/] * Connect with Caruso Leadership on LinkedIn [https://www.linkedin.com/company/carusoleadership/] * Visit carusoleadership.com [https://carusoleadership.com/about-us/] * Visit Narrative Wins!.com [https://narrativewins.com/] Takeaways: * The personal narrative is foundational to our identity. * Successful individuals often have healthier narratives than those who struggle. * Curiosity and awareness are crucial in understanding our narratives. * Fear and greed are the two primary emotions influencing financial decisions. * Contextualizing financial fears can lead to better decision-making. * Personal narratives can evolve over time based on experiences. * Client conversations should focus on understanding their narratives. * The stories we tell ourselves can either empower or hinder us. * Awareness of our narratives is the first step to change. * It’s essential to remember that financial management is about people, not just money. Trust is fundamental in relationships and must be earned. * Scarcity mindset can lead to neurotic behaviors and poor financial decisions. * Understanding personal narratives is crucial for self-awareness. * Rationality in financial decisions is often clouded by fear and emotions. * AI can enhance financial advisory but cannot replace human connection. * Generational perspectives shape our views on money and wealth. * Narratives influence how we perceive wealth and success. * Shifting one’s narrative can lead to better financial outcomes. * Identifying disruptive narratives is key to improving financial habits. * Listening and understanding clients’ narratives is essential for advisors. Connect with Will Hoffman:  * Hoffman Wealth Management [http://www.hoffmanwealth.com] * (724) 522-5411 * will@hoffmanwealth.com [will@hoffmanwealth.com] * LinkedIn: Will Hoffman  [https://www.linkedin.com/in/willhoffmanhwm/] * Facebook: Hoffman Wealth Management  [https://www.facebook.com/Hoffman-Wealth-Management-101186562746291] * YouTube: Hoffman Wealth Management [https://www.youtube.com/channel/UC1zbf-IxVDsOGxPykPyRz8w?app=desktop]