Trust the Plan Podcast with Nick Hopwood, CFP® and Jim Pilat, CFP‪®‬ NIck Hopwood, CFP and Jim Pilat, CFP

Welcome to Trust the Plan, the podcast where we break down financial decisions to help you make informed choices.
In this episode, Nick Hopwood, CFP® and Jim Pilat, CFP® dive into a common dilemma: Should you prioritize paying off your home with a lower interest rate quickly, or invest your dollars in a money market when rates are higher?
Join us as we explore the pros and cons of both strategies. Are you a believer in the peace of mind that comes with owning your home outright? Or are you tempted by the potential returns of investing in a money market account during times of higher interest rates?
Our experts will guide you through the decision-making process, providing insights into factors such as risk tolerance, market conditions, and long-term financial goals. Whether you're a homeowner looking to build equity or an investor seeking maximum returns, this episode will help you weigh your options and trust the plan that's right for you.
Tune in to Trust the Plan and empower yourself to make confident financial decisions.
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Peak Wealth Management is a financial planning and wealth management firm in Plymouth, MI. We believe by providing education and guidance, we inspire our clients to make great decisions so they can Retire With Peace of Mind.
Stay Connected With Us:
Podbean: findingtruewealth.podbean.com
YouTube: / @peakwealthmgmt
Apple: rb.gy/1jqp6 (Trust the Plan Podcast)
Facebook: Facebook.com/PeakWealthManagement
Twitter: Twitter.com/nhopwood1
www.peakwm.com

Join Nick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management as they delve into Nick's illustrious 25-year journey in the finance industry.
Nick mentions that throughout his career, clients frequently come to him during an election year asking how it could impact their investments. As we near closer to the U.S. Presidential Election in November, Nick and Jim debunk common misconceptions surrounding the impact of political cycles on financial markets.  
Through insightful analysis and expert commentary, we uncover the underlying factors that truly drive investment success.
Hosted by seasoned financial professionals, Nick & Jim - this podcast provides listeners with actionable advice to help navigate the complexities of investing with clarity and confidence, regardless of the political landscape.
—
Peak Wealth Management is a financial planning and wealth management firm in Plymouth, MI. We believe by providing education and guidance, we inspire our clients to make great decisions so they can Retire With Peace of Mind.
Stay Connected With Us:
Podbean: findingtruewealth.podbean.com
YouTube: / @peakwealthmgmt
Apple: rb.gy/1jqp6 (Trust the Plan Podcast)
Facebook: Facebook.com/PeakWealthManagement
Twitter: Twitter.com/nhopwood1
www.peakwm.com

In this episode of the Trust the Plan Podcast, Jim Pilat, CFP® & Preston Gee, CFP® delve into the advantages of transitioning into part-time work during your retirement years, exploring how it can bring purpose, fulfillment, and a sense of balance to your life. 
Along with discussing the many benefits of gradual retirement, Jim and Preston also share a variety of part-time ideas for retirees looking to stay active, engaged, and financially secure. From consulting to freelance opportunities to remote work and flexible scheduling, we provide insights and inspiration to help you find the perfect part-time job that aligns with your interests and goals. 
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Peak Wealth Management is a financial planning and wealth management firm in Plymouth, MI. We believe by providing education and guidance, we inspire our clients to make great decisions so they can Retire With Peace of Mind.
Stay Connected With Us:
Podbean: findingtruewealth.podbean.com
YouTube: / @peakwealthmgmt
Apple: rb.gy/1jqp6 (Trust the Plan Podcast)
Facebook: Facebook.com/PeakWealthManagement
Twitter: Twitter.com/nhopwood1
www.peakwm.com

In this episode, Jim Pilat, CFP® and Preston Gee, CFP® of the Trust The Plan Podcast tackles the topic of maximizing your inheritance by discussing the question of whether or not you should take out your beneficiary IRA funds.
Jim and Preston weigh the pros and cons of tapping into your inherited IRA funds early versus letting them continue to grow tax-deferred. They discuss the potential benefits of accessing the funds to pay off debt, invest in higher return assets, or cover unexpected expenses, but also highlighted the potential drawbacks such as early withdrawal penalties and the impact on overall retirement savings.
Ultimately, Jim and Preston emphasize the importance of carefully considering your individual financial situation and long-term goals before making a decision on whether to take out your beneficiary IRA funds. 
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Peak Wealth Management is a financial planning and wealth management firm in Plymouth, MI. We believe by providing education and guidance, we inspire our clients to make great decisions so they can Retire With Peace of Mind.
Stay Connected With Us:
Podbean: findingtruewealth.podbean.com
YouTube: / @peakwealthmgmt
Apple: rb.gy/1jqp6 (Trust the Plan Podcast)
Facebook: Facebook.com/PeakWealthManagement
Twitter: Twitter.com/nhopwood1
www.peakwm.com
 

Join hosts Jim Pilat, CFP, and Preston Gee, CFP, on the Trust the Plan Podcast as they delve into the essential topic of retirement savings adequacy in their latest episode, "Is Your Retirement Savings Enough? Signs You Might Be Falling Short."
With their combined expertise, Jim and Preston provide valuable insights and practical tips to help listeners assess their current financial situation and navigate the complexities of retirement planning.
Tune in to gain a deeper understanding of the warning signs that your nest egg may be inadequate and discover actionable strategies to ensure a secure retirement. Trust the Plan Podcast - guiding you towards a prosperous financial future.
—
Peak Wealth Management is a financial planning and wealth management firm in Plymouth, MI. We believe by providing education and guidance, we inspire our clients to make great decisions so they can Retire With Peace of Mind.
Stay Connected With Us:
Podbean: findingtruewealth.podbean.com
YouTube: / @peakwealthmgmt
Apple: rb.gy/1jqp6 (Trust the Plan Podcast)
Facebook: Facebook.com/PeakWealthManagement
Twitter: Twitter.com/nhopwood1
www.peakwm.com

In this episode of the Trust the Plan Podcast, Jim Pilat, CFP® and Preston, Gee, CFP® of Peak Wealth Management take a deep dive into the highly-anticipated Preston Gee 2024 Financial Plan. Gain a perspective from a younger generation — as Preston discusses changes from 2023 to 2024- including marriage, buying his first new home, and paying off student loans. Learn how Preston's financial plan can guide you on the path to your own financial success – tune in now and start building your brighter tomorrow. Share this episode with your child, grandchild, or someone you know who could benefit from developing healthy money habits! 
—
Peak Wealth Management is a financial planning and wealth management firm in Plymouth, MI. We believe by providing education and guidance, we inspire our clients to make great decisions so they can Retire With Peace of Mind.
Stay Connected With Us:
Podbean: findingtruewealth.podbean.com
YouTube: / @peakwealthmgmt
Apple: rb.gy/1jqp6 (Trust the Plan Podcast)
Facebook: Facebook.com/PeakWealthManagement
Twitter: Twitter.com/nhopwood1
www.peakwm.com