Why are pre-retirees significantly more anxious than people who are already retired? According to recent study data, 80% of retirees say they live comfortably, yet only 53% of non-retirees expect to feel the same way. That 27-point gap comes down to one thing: clarity. In this episode of Pre-Retirement Navigated, host Will Hoffman, founder and …
Two years out from retirement is the critical turning point where your financial strategy must transition from a paper model into a real, dependable monthly paycheck. On this episode of Pre-Retirement Navigated, host Will Hoffman, founder and president of Hoffman Wealth Management, breaks down the key steps to moving your retirement income plan off the …
“If your spouse died tomorrow, what would your Social Security income look like the following month?” It’s an uncomfortable question, but it’s one of the most critical scenarios to model as you approach retirement. When one spouse passes away, one Social Security check disappears entirely—often leaving the surviving spouse with a sudden and substantial income …
“I’m going to be in a lower tax bracket when I retire.” It’s one of the most common statements we hear from folks in their early 60s. But as required minimum distributions (RMDs) kick in around age 73 or 75, many retirees discover that their deferred tax bill has simply ballooned into a future tax …
Five years out from retirement sounds like a long time. When you are driving to work every day or grinding through a job you are ready to leave behind, 60 months can feel like an eternity. Because it feels so far away, Year 5 is the single window on the retirement runway that almost nobody …
For the last 30 years, you’ve followed a specific set of rules: Save, invest, ignore the markets, and don’t let the headlines spook you. And for those 30 years, that playbook worked. But the day you decide to retire, the financial game completely reverses. It shifts from accumulation to distribution—turning the pile you’ve built into …