Finding True Wealth Podcast with Nick Hopwood, CFP
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.

 

EP 054: 401k’s Are Not Fair

EP 054: 401k’s Are Not Fair

March 4, 2019

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, and why? The answer might surprise you! Listen in and learn how these plans differ and why its not a fair set up for some people, and there is nothing they can do about it!

Nick Hopwood, CFP® has been a financial advisor/financial planner in Plymouth MI for since 1999, earning his CFP® designation in 2005. Jim Pliat, AIF® joins Nick in this conversation about retirement planning. If you are a small business owner, don't forget to listen to EP 020 with Scott Westgate talking about plan design. 

 

EP 053: You are the Hero

EP 053: You are the Hero

January 23, 2019

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 most cases. For Star Wars, author Miller argues Luke Skywalker is the Hero, Darth Vader is the Villain, and Yoda is the Coach/Guide. How can we relate this concept to our financial journey? Who is the Hero, Villain, and Coach/Guide?

Are you looking for a second opinion? Do you like the way we think about money? If you are in need of some financial coaching or you have $500,000 or more to invest, start here. You can sign up for our email, schedule and appointment, create your own online portal, and watch our cool videos. 

Peak Wealth Management helps people with their financial plans and investments and is based in Plymouth, MI. Nick Hopwood, CFP® has been in the financial advisory business since 1999 and a CERTIFIED FINANCIAL PLANNER since 2005. 

 

EP 052: Nick’s Personal Financial Plan for 2019

EP 052: Nick’s Personal Financial Plan for 2019

January 23, 2019

Stop! 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 guidance and recommendations. Our job is to inspire you to make great decisions and we believe we need to be truly authentic and transparent. 

The 2019 Hopwood family plan looks very similar to the 2018 plan, but we did make some changes with our life insurance, 401k, and rental properties. What is in store for you 2019 financial plan???

Are you looking for a second opinion? Do you like the way we think about money? If you are in need of some financial coaching or you have $500,000 or more to invest, start here. You can sign up for our email, schedule and appointment, create your own online portal, and watch our cool videos. 

Peak Wealth Management helps people with their financial plans and investments and is based in Plymouth, MI. Nick Hopwood, CFP® has been in the financial advisory business since 1999 and a CERTIFIED FINANCIAL PLANNER since 2005. 

EP 051: NYT: Think Your Retirement Plan is Bad? Talk to a Teacher

EP 051: NYT: Think Your Retirement Plan is Bad? Talk to a Teacher

December 12, 2018

Financial 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 Universities, school districts, and hospitals which all us to represent employees such as teachers, professors, doctors, and nurses with their 403b accounts at investment companies such as Fidelity and TIAA-CREF.  If you're looking for a second opinion on your workplace 403b account, please give us a call at 734-681-7575.

Peak Wealth Management is not affiliated with any non-profit or Fidelity or TIAA-CREF. 

Peak Wealth Management is a financial advisor 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 050: Facebook Guy

EP 050: Facebook Guy

December 12, 2018

Markets 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 markets go down, hoping to prey on the fearful with misleading statements. 

In this episode, we also make note that it is Episode 50, and we give ourselves credit for sticking with it this long. 

Peak Wealth Management is fee-based and 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 049: Two Planners with Dramatically Different Results

EP 049: Two Planners with Dramatically Different Results

December 10, 2018

Recently 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 when we started reviewing the financial plan, what we found out was a little disturbing. 

HINT: Finding True Wealth EP 013 would have helped out a lot here. 

Nick Hopwood, CFP® and Jim Pilat, AIF® talk about how two seemingly similar planners could yield dramatically different outcomes. 

Peak Wealth Management is a full-service Registered Investment Advisor 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 048 Brian Cook of MGOBLOG

EP 048 Brian Cook of MGOBLOG

November 29, 2018

Today 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 chance to learn about the man behind the keyboard. Brian shares with Nick how he pivoted from unmotivated engineer to king of all Michigan Weblogs and his vision for the future of MGOBLOG. The only thing I forgot to ask was about the Muppets. But we have this post so it's ok. 

Peak Wealth Management is a full-service Registered Investment Advisor 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.  Learn more about Nick Hopwood, CFP®

EP 047: Why Work with a CFP®

EP 047: Why Work with a CFP®

November 16, 2018

The 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 doesn’t mean their advice is in your best interest or quality advice at all.  Working with a CFP® is probably one of easiest filters you can apply to your advisor search process because it automatically filters for experience, education, and an ethics requirement.

Peak Wealth Management is a full-service Registered Investment Advisor 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: 046 The Value of a Professional Fee

EP: 046 The Value of a Professional Fee

September 18, 2018

Join 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 full-service Registered Investment Advisor 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.