Richelle Hofer 
Why Young Adults Need to Prioritize Estate Planning Losing someone you love is without a doubt, one of the most difficult experiences of life. Whether it happens suddenly or death was inevitable, there is nothing that makes “goodbye” any easier. But when death comes for someone young, it is especially devastating. As a financial advisor, … Read more
When it comes to investments, financial advisors talk a lot about indexes. We’ve probably all at least HEARD of the Dow, the S&P 500, and the NASDAQ, but what are these indexes and how in the world do they pertain to me? Let’s unpack it! What is a Financial Index? Your portfolio is up 7%. … Read more
In today’s blog: a poodle named Scarlett, offended by my investment advice, teaches us an important lesson about the biases that can hinder our financial success. A couple of weeks ago in our blog looking back over 2023, I compared the different sectors of the stock market to the many different breeds of dogs. In … Read more
Over the course of my career as a financial advisor, I’ve discovered a lot of misconceptions (or “myths”) in the financial industry. One of the greatest, and perhaps most common myths is the belief that people with large portfolios have an innate understanding of the ins and outs of the financial world. A meeting with … Read more
Last week we published our recap of the year 2023. This week we want to share with you our 2024 Economic Outlook. If you’re a regular reader of our newsletter, you know that we believe “projections” are not a science and, to be frank, have proven to be, well… pretty much worthless practically speaking. Nonetheless, … Read more
We are excited to bring you our market recap for 2023! We know that some of you might already be tempted to hit the “back” button on this blog because you’re thinking “market update? Boring!” But wait! At Impact Wealth Management, we go out of our way to make sure that you understand the things … Read more
Strategies for Securing A Raise and Advancing Your Career For many people, the new year signals a compensation review with their employer. Compensation reviews can be intimidating and often dreaded, but they are obviously extremely important. Securing a raise not only affects your immediate budget and spending power, but it also impacts your future retirement. … Read more
Growing up, my favorite family tradition happened every year on Christmas Eve at my Grandma Helen’s house. My grandma embodied Christmas to me. And then it all changed. Christmas was ruined. Christmas at Grandma’s House Each year on Christmas Eve around 5:00 p.m. the family started gathering at Grandma’s house. Almost nothing kept us away … Read more
Two of the best Christmases I ever had started out with the feeling that Christmas was ruined. Sometimes life is crazy. Things rarely go as planned. We roll up to the Christmas season with great expectations and often feel disappointed and defeated when curveballs threaten our plans. I think about “expectations” a lot. Sometimes I … Read more
Uncovering Holiday Scams The holiday season is upon us, and while it’s a time for joy and giving, it is unfortunately also a great season for those who want to take advantage of others. Last Christmas I was the victim of identity theft myself, and while I identified it almost immediately, it still wasn’t easy … Read more