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Join Nick Hopwood, CFP® And Jim Pilat, CFP® of Peak Wealth Management on our Journey to a peace of mind retirement.
Episodes
Monday Aug 05, 2024
Monday Aug 05, 2024
In the latest episode of the Trust the Plan Podcast, Nick Hopwood, CFP® & Jim Pilat, CFP® dive into the intricacies of Monte Carlo simulations and their application in financial planning.
They discuss how these simulations offer a more nuanced view of potential financial outcomes, revealing that not every year follows a linear path. Instead, Monte Carlo models account for a range of possible scenarios, providing a more robust framework for anticipating the complexities of long-term planning.
This approach emphasizes the importance of flexibility and adaptability in financial strategies, countering the assumption that past performance will dictate future results in a straightforward manner.
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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
Monday Jul 29, 2024
Monday Jul 29, 2024
In this episode of The Trust the Plan Podcast, Nick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth delve into an intriguing case study that highlights the dynamic nature of retirement planning.
The episode explores how they initially advised a client against an early retirement, only to reassess and recommend retirement just a few months later. This swift turnaround was unprecedented in their experience, showcasing how rapidly financial circumstances can evolve and the importance of ongoing evaluation in wealth management.
Nick and Jim share insights into the factors that influenced this dramatic shift and the lessons learned from guiding their client through this unique situation.
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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
Monday Jul 22, 2024
Monday Jul 22, 2024
Nick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth welcome you to explore the Peak Process, a comprehensive approach designed to empower clients on their journey to financial success.
At Peak Wealth, we believe in crafting personalized strategies that align with your unique goals and aspirations. Our process begins with a deep understanding of your current financial landscape and ambitions, followed by strategic planning and implementation tailored to maximize your wealth potential.
With a commitment to transparency, education, and proactive communication, we guide you through each phase, ensuring clarity and confidence in every financial decision.
Discover how the Peak Process can transform your financial future and embark on a path towards achieving your peak wealth goals today.
—
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
Monday Jul 15, 2024
Monday Jul 15, 2024
Join hosts Nick Hopwood, CFP®and Jim Pilat, CFP® on the Trust the Plan Podcast, where they delve into the intricate world of stock market behaviors following geopolitical upheavals and pivotal historical moments.
In this episode, they explore how stocks react to these events, offering deep insights into market trends, investor sentiment, and the strategies that emerge in the aftermath.
Whether it's analyzing market returns post-crisis or dissecting the impact of global shifts on investment portfolios, Nick and Jim are your go-to podcast hosts for understanding the dynamic interplay between world events and financial markets.
—
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
Monday Jul 08, 2024
Monday Jul 08, 2024
Welcome to the Trust the Plan Podcast with Nick Hopwood, CFP® and Jim Pilat, CFP®. In this episode, we're diving deep into the world of annuities with a focus on buyer beware. Annuities can be complex financial instruments, often carrying hefty penalties if terminated early.
Nick and Jim discuss the importance of understanding these penalties and exploring the best strategies for navigating annuities wisely.
Whether you're considering an annuity for retirement planning or evaluating your current financial portfolio, join us as we unpack the crucial factors to consider when choosing the right path forward.
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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
Monday Jul 01, 2024
Monday Jul 01, 2024
Welcome to the Trust the Plan Podcast with hosts Nick Hopwood, CFP® and Jim Pilat, CFP® where we delve into real-life case studies and expert insights on preparing for retirement and navigating the uncertainties of the future.
Join us as we explore success stories and lessons learned from individuals who have achieved peak wealth sharing, offering actionable strategies for financial preparedness and resilience.
Whether you're looking to secure your retirement, plan for the unknown, or simply gain a deeper understanding of wealth management, our podcast aims to equip you with the knowledge and confidence to trust your plan for a prosperous 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
Wednesday Jun 26, 2024
Wednesday Jun 26, 2024
In this episode of Trust the Plan Podcast, Nick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management delve into the dangers of Americans chasing high interest rates, exploring how the allure of high returns can lead to a 'cash trap'.
They dissect insights from a recent Wall Street Journal article, offering practical advice on navigating the complex world of financial investments and avoiding potential pitfalls.
Tune in as they uncover the hidden risks and discuss strategies for making informed financial decisions.
–
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
Wednesday Jun 19, 2024
Wednesday Jun 19, 2024
In this episode of the Trust the Plan Podcast, Nick Hopwood, CFP® and Jim Pilat, CFP® delve into the art of maximizing airline miles with special guest, Evan Chopp.
Evan shares strategies and tips on how to rack up those valuable miles efficiently. Whether you're a seasoned traveler or new to the points game, you won't want to miss this deep dive into earning and redeeming airline rewards. Tune in to learn how to turn your travels into more than just a journey – but a rewarding adventure!
—
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
Monday Jun 10, 2024
Monday Jun 10, 2024
Join Nick Hopwood, CFP® and Jim Pilat, CFP® on the Trust the Plan Podcast as they delve into the crucial role of brokerage accounts.
In this insightful episode, Nick and Jim illuminate the importance of strategic financial planning and how leveraging brokerage accounts can pave the way to financial independence.
From investment strategies to navigating market fluctuations, they provide invaluable advice and actionable tips for listeners eager to take control of their financial future.
Tune in and empower yourself with the knowledge to trust the plan and secure your path to early retirement.
—
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
Monday Jun 03, 2024
Monday Jun 03, 2024