Richelle Hofer 
By Richelle Hofer, CEO & Financial Advisor at Impact Wealth Management This post is deeply personal. It’s a reflection I wrote the night before my youngest son graduated from high school—and the season of life that followed. I’m sharing it here not just as a financial advisor, but as a mom entering a new chapter. … Read more
Because building wealth is only half the goal—the other half is making it matter. If you’re a millennial with a million-dollar investment portfolio (or on your way there), congrats. You’ve done something rare and remarkable—and odds are, you didn’t get there by accident. Maybe you built a business, crushed it in tech, or inherited wealth … Read more
If you’re getting close to retirement and working with a financial advisor, chances are you’ve been pretty organized. Most of the prospective clients I meet for the first time come in with: But there’s one question that almost always stumps them: “How much are you spending each month?” It’s the most important—and most underestimated—part of … Read more
At first glance, financial planning seems like a numbers game: How much have you saved? What’s your withdrawal rate? How are your investments performing? But beneath all those numbers, there’s a deeper, quieter question that lives at the core of every financial plan: How much is enough? It’s not a question most people ask out … Read more
Life, Liberty, and the Pursuit of What Exactly? As we approach the Fourth of July, I’ve been reflecting on that iconic phrase from the Declaration of Independence: “Life, Liberty, and the Pursuit of Happiness.” It’s a bold promise. And yet, somewhere along the way, many of us swapped that last word. We replaced happiness with … Read more
Are You Still Doing Things You Don’t Have To? When you start thinking about to enjoy retirement, you’re probably focusing on what to start doing—travel more, pick up hobbies, spend time with family. But just as important is knowing what to stop doing in retirement. Why? Because the habits that served you during your working … Read more
If you’re comparing investment portfolios, it’s easy to be dazzled by one that would have crushed it over the last decade. But here’s the catch: just because a portfolio looks amazing in hindsight doesn’t mean it’s the best investment strategy going forward. In fact, these backtested portfolios may be giving you a false sense of … Read more
Why real wealth isn’t just about growing your money—it’s about using it to build the life you actually want. We talk a lot about money in this business. But if you’re like most of the people I work with, you’re not chasing wealth for wealth’s sake. You want to use your wealth—wisely, thoughtfully, and with … Read more
Because “you get what you pay for” doesn’t mean you have to overpay. Let’s be honest: No one wants to hire the cheapest brain surgeon. Or trust the lowest bidder to build their dream home. And when it comes to your life savings? Same idea. You want good advice, thoughtful strategy, and a team who’s … Read more
A few years ago, a good friend of mine asked me to consider the difference between “strength” and “power”. I have been pondering this concept ever since. I’ve been spinning it around and around in my head and considering it from all angles. At first glance strength and power seem pretty similar. We largely use … Read more