Finding True Wealth Podcast with Nick Hopwood, CFP
2019 Michigan Football Preview with Chris Duprey

2019 Michigan Football Preview with Chris Duprey

September 9, 2019

Nick 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 Drew Henson lead the Wolverines to a B1G Conference Championship. 

On the podcast today, Chris shares thoughts from his "Michigan Preview" article he writes each August, as well and reminiscing about our glory days back in '97 as freshmen on campus at The University of Michigan. 

EP 063: F.I.R.E. Part 2 - A Cautionary Tale

EP 063: F.I.R.E. Part 2 - A Cautionary Tale

September 4, 2019

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 Millionaire" by Kristy Shen. In Part 2, we try to figure out how an ordinary family of four can live on $40,000 per year. 

Peak Wealth Management is a full-service 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 helping them Retire with Confidence. 

EP 062: Are You a Victim of Lifestyle Creep

EP 062: Are You a Victim of Lifestyle Creep

September 4, 2019

Are you a victim of Lifestyle Creep? Jim Pilat, AIF joins Nick Hopwood, CFP on the podcast to talk about Lifestyle Creep - the concept that as our income increases, so does our cost of living expectations. 

Peak Wealth Management is a full-service 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 helping them Retire with Confidence. 

EP 061: Part 1 of F.I.R.E - A Cautionary Tale

EP 061: Part 1 of F.I.R.E - A Cautionary Tale

August 12, 2019

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 Millionaire" by Kristy Shen. In Part 1, we review Kristy's story at a high level from the traditional perspective of a CFP. Over the next few weeks, we will cover it in much more detail. Stay tuned!

Peak Wealth Management is a full-service 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 a path toward fulfillment and their own definition of true wealth

EP 060: Your Lake Cottage - The True Cost Per Boat Ride

EP 060: Your Lake Cottage - The True Cost Per Boat Ride

July 22, 2019

Nick 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 cash that pontoon boat burns through!

Also check out EP: 025 which is a similar topic, entitled "Your Second Home, The Anti-Dividend."

Peak Wealth Management is a full-service 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 a path toward fulfillment and their own definition of true wealth. 

EP 059: Talking Taxes with JJ Sovinsky, CPA

EP 059: Talking Taxes with JJ Sovinsky, CPA

July 18, 2019

Nick 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 Management is a full-service 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 a path toward fulfillment and their own definition of true wealth.  

EP 058: Talking Private Equity with Joe Owczarek

EP 058: Talking Private Equity with Joe Owczarek

July 3, 2019

Nick 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 regulations have eased to allow more people to have access to this asset class. 

Peak Wealth Management is a full-service 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 a path toward fulfillment and their own definition of true wealth.

EP 057: Suze Orman Says You Need $5M to Retire. Our Thoughts.

EP 057: Suze Orman Says You Need $5M to Retire. Our Thoughts.

June 17, 2019

Recently, Suze Orman was interviewed on a podcast stating individuals need at least $5 million to retire. In this episode, Nick Hopwood, CFP® and Jim Pilat, AIF® sit down and take a deeper look at this statement in order to determine if she is correct. 

Peak Wealth Management is a full-service 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 a path toward fulfillment and their own definition of true wealth.

EP 056: Making $500k Feel Average

EP 056: Making $500k Feel Average

June 17, 2019

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 bit flawed. Spoiler alert: if you make good decisions with your money, earning $500k per year should not feel average at all. 

If you earn over $500k and feel average, it may be time for a second opinion. Let's talk. Start here

Peak Wealth Management is a full-service 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 a path toward fulfillment and their own definition of true wealth.

EP 055: Expense Tracking Redux

EP 055: Expense Tracking Redux

April 12, 2019

Nick Hopwood, CFP® and Jim Pilat, AIF® circle back to EP 013 - Track Your Expenses and Net Worth Redux! We believe understanding your cost of living is one of the most important details in a healthy financial plan or #retirement plan. As a result, we strongly recommend tracking your expenses each month in a spreadsheet in the cloud. Click Here for our simple Template.

Peak Wealth Management is a full-service 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 a path toward fulfillment and their own definition of true wealth.