The Wall Street Sweeper with Russell Hackmann
Russell Hackmann and the team at the Wall Street Sweeper bring everything you need to know about retirement and income planning in a fast paced format. Each week, we reveal the latest developments in the financial world to keep you informed of changes that may affect you personally, while sharing some common sense strategies that will help you make the most out of your retirement savings. We are focused on helping investors preserve and grow their assets, increase their income, and reduce taxes. Russell F. Hackmann, CFA, is the president of Hackmann Wealth Partners. Russell has over 25 years’ experience advising individuals and institutions on wealth and risk management. Prior to founding Hackmann Wealth Partners, Russell served as president of Axio Group and Axio Insurance Services, a New York-based securities and insurance distribution company. In addition, Russell served as Global Head of Variable Annuity Reinsurance at Swiss Re and held various executive positions in the derivatives business of Lehman Brothers, Bank of America, and UBS. Russell earned a bachelor’s degree magna cum laude from the Georgetown University School of Foreign Service, an MBA with high honors from the University of Chicago Graduate School of Business, and also holds the Chartered Financial Analyst (CFA) designation. Hackmann Wealth Partners offers financial planning, portfolio risk review and asset management, legacy and estate planning, and insurance services throughout the United States. For more information, visit https://hackmannwealth.com/ or call (617) 299-7676.
Episodes
Russ covers various topics including taxes, interest rates, national debt, inflation, and the economy. He talks about the potential risks of a national debt crisis, high inflation, and rising interest rates. Russ also mentions the positive impact of AI on productivity and corporate profits. The conversation emphasizes the importance of asset allocation, risk management, and principal-protected growth instruments in financial plann...
The conversation covers various including market turbulence, estate planning, the transfer of wealth, inflation, interest rates, and listener questions. In this conversation, Russ Hackmann discusses the importance of asset allocation and risk management in retirement planning. He advises that individuals within 10 years of retirement should have less than half of their money in risky assets, unless they have well over five million ...
Russ talks about the challenges of managing finances in volatile markets and the importance of having a clear financial plan. Russ shares a story about a football player who consulted his financial advisor before making a car purchase. The conversation ends with a segment called 'The World's Worst Financial Advisor,' highlighting the importance of providing meaningful and personalized financial advice. In this conversation, Russ di...
The conversation revolves around the topics of the financial markets, inflation, the national debt, retirement planning, and the changing investment landscape. Russ discusses the unpredictability of the Federal Reserve's decisions and the impact on interest rates and bond funds. Russ uses golf-themed movie clips to illustrate various lessons in retirement planning. He highlights the need for a well-thought-out strategy and the impo...
In this episode of the Wall Street Sweeper, host Russ Hackmann discusses the prevalence of bad financial advice on social media and the importance of cutting through the noise. He provides market analysis, highlighting the tug-of-war between inflation and wishful thinking on the Fed's part. Russ emphasizes the significance of asset allocation and risk management in financial planning, as well as the importance of long-term tax plan...
In this episode of The Wall Street Sweeper, host Russ Hackman discusses the current state of the markets and the impact of inflation. He then introduces the 10 commandments of financial planning, covering topics such as avoiding gambling, seeking advice from trusted sources, and doing due diligence. Russ emphasizes the power of compounding returns and the importance of avoiding big losses. Hackmann Wealth Senior Vice-President Cla...
The conversation covers various topics including market updates on inflation and the bond market, tech stocks and Bitcoin. Russ also covers proposed legislation on Social Security. In this conversation, Russ Hackmann, president of Hackman Wealth Partners, answers questions about retirement planning, Social Security, retirement minimum distributions (RMDs), Roth conversions, annuities, and the importance of communication with fina...
In this episode, Russ Hackmann provides a market update and discusses the link between college basketball and financial planning. He also shares examples from the financial hall of shame and highlights life lessons from famous coaches. Additionally, Russ introduces a new asset allocation strategy and offers complimentary financial plans to listeners. Hackmann Wealth Partners Senior Vice-President Clare Hare also joins in with a ca...
The conversation starts with a discussion on interest rates and market surprises followed by the risk of an unpleasant surprise in the markets. The importance of risk management and the art of keeping money are also highlighted. Movie references to Wall Street and The Wolf of Wall Street are made, emphasizing the cautionary tales they portray. Russ then delves into taxes in retirement and the benefits of Roth accounts. The segment ...
The conversation covers various topics related to retirement planning, market volatility, and investment advice. Russ discusses the importance of asset allocation and the potential risks of bond investments. He also addresses common mistakes in retirement planning and provides insights on finding the right financial advisor. The conversation emphasizes the need for a comprehensive financial plan that considers factors such as infla...
Russ goes over some items will all need to be able to check off our list as we approach retirement. They include having a written plan and inside of that having a spending plan, and knowing what your income sources will be. Russ and Hackmann Wealth Senior Vice-President Clare Hare share case studies.
You can reach Hackmann Wealth Partners at 617-674-2000.
See omnystudio.com/listener for privacy informa...
As football season winds down, Russ compares winning football strategies to winning financial and retirement strategies. This includes good offensive and defensive moves to consider when you’re in that financial red zone which is five to ten years away from retirement. Russ also gives his financial take on famous quotes from football legends. Vice-President Jack Young shares a case study and Russ talks about that human connectio...
Russ offers comparisons between traditional and modern retirement in areas such as the demise of the private sector pension, longevity, and Social Security strategies. He also talks about the potential positive aspects of adding principle protected growth alternatives. Russ and Senior Vice-President Clare Hare also offer case studies.
You can reach Hackmann Wealth Partners at 617-674-2000.
See omnystudio...
We all know the bucket list so what would go in the un-bucket list? That would be things to avoid so you can have a successful retirement. That’s the discussion with Russ as he talks about knowing when you can retire so you don’t work longer than necessary, not being lonely and now having an unfulfilled retirement, and now squandering the early “go-go” years. Russ discusses the jittery start to the markets for 2024 and how we s...
Still in the New Year the podcast devotes time to considering financial goals or resolutions, how to approach them, and how to stay on track. These include everything from paying off debt to increasing your savings and more.
Russ also talks about considering “graduating” to a different kind of financial advisor and especially if you’re near retirement. He also stresses the need to consider good estate planning. Hackmann Wealth ...
Russ opens with more conversation on the fourth quarter “Santa Clause” rally. He also warns of things that could potentially sabotage your retirement. Hackmann Wealth Senior Vice-President Clare Hare shares a case study. We go back to 1974 and Russ looks ahead with financial New Year’s resolutions.
You can reach Russ and the team by calling 617-674-2000.
See omnystudio.com/listener for privacy informati...
Russ talks about the importance of having safe strategies while also keeping in mind the importance of separating income from growth. He gives us his year-end state of the markets report and looks ahead to 2024 and takes us to four Christmas themed towns on a retirement road trip.
You can reach the Hackmann Wealth team by calling 617-674-2000.
See omnystudio.com/listener for privacy information.
You’ll hear clips from familiar movies and a sitcom with a holiday theme. Russ takes these clips and shares retirement and financial lessons we can learn from them. Russ and Hackmann Wealth Senior Vice-President Clare Hare share case studies as well. Russ shows how holistic that financial relation can be with the team at Hackmann Wealth Partners.
You can reach Russ Hackmann at 617-674-2000.
See omnystud...
As we approach the end of the year, Russ covers some financial matters we should approach before the end of the calendar year. He talks about RMDs, charitable donations, 401(k), Roth, and tax harvesting. Russ and Vice-President Jack Young share a case study and we go back to the year 1980.
You can reach Russ Hackmann at 617-674-2000.
See omnystudio.com/listener for privacy information.
Russ welcomes artificial guest “Chatty P” powered by Chat GPT. She answers financial and retirement questions and Russ follows up with his take on her answer. Russ also comments on the considerations for those nearing retirement given our challenging economy. He also features some statements from Campbell Harvey, professor of finance at Duke University and Jeremy Siegle, professor emeritus of finance at University of Pennsylvani...
Popular Podcasts
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.
Anna Sale explores the big questions and hard choices that are often left out of polite conversation.
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
If you can never get enough true crime... Congratulations, you’ve found your people.
A straightforward look at the day's top news in 20 minutes. Powered by ABC News. Hosted by Brad Mielke.