The Prosperous Life – Secure Your Wealth and Account for Your Future

Every time you receive a piece of mail or print a document with personal information, you could be exposing yourself to identify theft and fraud. Rheta Robertson, Partner at The Shred Mill, discusses how individuals and businesses can protect themselves by safely disposing of personal information. In this episode, we will discuss:The safest way to dispose of paper documents in your home or officeHow to identify which documents need to be shreddedHow to safely store documents that you need to keep paper copies of for several years What is the difference between onsite shredding and offsite shreddingWhat is a shredding event, and how you can find a shredding event near youWhat are the risks of not safely disposing of personal informationContact Rheta Robertson :www.theshredmillmd.comrrobertson@brcmd.com410.534.2990  Ext. 200Contact The Prosperity Consulting Group:www.prosperityconsult.cominfo@prosperityconsult.com410.363.7211Contact The Hoffman Group:www.hoffmancpas.cominfo@hoffmancpas.com443.320.4101Securities offered through Triad Advisors, LLC., Member FINRA/SIPC. Investment advisory services offered through The Prosperity Consulting Group, LLC. The Prosperity Consulting Group, LLC is not affiliated with Triad Advisors, LLC.This information is intended for educational purposes only. It is not intended to provide any investment advice or provide the basis for any investment decisions. You should consult your financial adviser prior to making any decision based on any specific information contained herein. It is not intended to provide, and should not be relied on for, any tax or legal advice. You should consult your tax or legal adviser prior to making any decision based on any specific information contained herein.The Prosperity Consulting Group, LLC is not affiliated with The Hoffman Group, LLC.The Prosperity Consulting Group, LLC is not affiliated with The Shred Mill, LLC.

Although Medicare Part A & B may cover up to 80% of expenses, many people find that is not enough. This leads them to look towards additional coverage through Medicare Supplement or Medicare Advantage plans. On this episode of The Prosperous Life, Tracy Russo, Medicare expert and President of HTA, is here to uncover the pros and cons of these plans. In this podcast, you will learn:Does Medicare A and B provide enough coverage?The key differences between Medicare Advantage and Medicare Supplement plansHow to switch between Medicare Supplement and Medicare Advantage When is the right time to change your Medicare planDifferences in enrollment periods for existing Medicare subscribers and new subscribersContact Tracy Russo at HTA:www.htafinancial.comMedicare@htafinancial.com610.430.6650Contact The Prosperity Consulting Group:www.prosperityconsult.cominfo@prosperityconsult.com410.363.7211Contact The Hoffman Group:www.hoffmancpas.cominfo@hoffmancpas.com443.320.4101Securities offered through Triad Advisors, LLC., Member FINRA/SIPC. Investment advisory services offered through The Prosperity Consulting Group, LLC. The Prosperity Consulting Group, LLC is not affiliated with Triad Advisors, LLC.This information is intended for educational purposes only. It is not intended to provide any investment advice or provide the basis for any investment decisions. You should consult your financial adviser prior to making any decision based on any specific information contained herein. It is not intended to provide, and should not be relied on for, any tax or legal advice. You should consult your tax or legal adviser prior to making any decision based on any specific information contained herein.The Prosperity Consulting Group, LLC is not affiliated with The Hoffman Group, LLC.The Prosperity Consulting Group, LLC is not affiliate with HTA. 

The COVID-19 pandemic significantly impacted many of us, forcing some to forgo raises or even take pay cuts to keep their jobs. Businesses slowed down, some closing their doors forever, and many of us have had to alter our financial goals. As restrictions ease and life returns to normal, Lauren Rebbel, CFP®, CDFA®, is here to provide tips on how to regain financial momentum post-pandemic.In this episode, we will discuss:How to get back on track financially post-pandemic and rebuild your financial nest eggHow the pandemic has changed people's financial goals and how to pivot your financial plan accordingly Tips on paying down accrued debts and how to reduce your billsHow to use investments as a tool to build wealth despite market volatilityContact Lauren Rebbel:www.prosperityconsult.com/lauren-m-rebbelLMR@prosperityconsult.com410.363.7211Contact The Prosperity Consulting Group:www.prosperityconsult.cominfo@prosperityconsult.com410.363.7211Contact The Hoffman Group:www.hoffmancpas.cominfo@hoffmancpas.com443.320.4101Securities offered through Triad Advisors, LLC., Member FINRA/SIPC. Investment advisory services offered through The Prosperity Consulting Group, LLC. The Prosperity Consulting Group, LLC is not affiliated with Triad Advisors, LLC.This information is intended for educational purposes only. It is not intended to provide any investment advice or provide the basis for any investment decisions. You should consult your financial adviser prior to making any decision based on any specific information contained herein. It is not intended to provide, and should not be relied on for, any tax or legal advice. You should consult your tax or legal adviser prior to making any decision based on any specific information contained herein.The Prosperity Consulting Group, LLC is not affiliated with The Hoffman Group, LLC.

Financial disagreements and issues are a leading cause of divorce in the United States. While no one plans to have to sit in front of a family law attorney when they get married, many couples struggle with financial issues. In this episode, we're joined by Wendy Meadows, family law attorney, litigator, and experienced mediator, who discusses tips on how to prevent finances from getting in the way of your happily ever after. In this episode, you will learn:Advice on how to talk to your partner about financesRed flags to look out for when you have financial issues with your spouseWhat to do if your spouse doesn't want to discuss money with youDifference between a family law attorney and mediatorWhen it's time to seek help from a mediator or family law attorney Contact Wendy Meadows:www.wendymeadowslaw.comwendy@wendymeadowslaw.com410.403.0600 Contact The Prosperity Consulting Group:www.prosperityconsult.cominfo@prosperityconsult.com410.363.7211Contact The Hoffman Group:www.hoffmancpas.cominfo@hoffmancpas.com443.320.4101Securities offered through Triad Advisors, LLC., Member FINRA/SIPC. Investment advisory services offered through The Prosperity Consulting Group, LLC. The Prosperity Consulting Group, LLC is not affiliated with Triad Advisors, LLC.This information is intended for educational purposes only. It is not intended to provide any investment advice or provide the basis for any investment decisions. You should consult your financial adviser prior to making any decision based on any specific information contained herein. It is not intended to provide, and should not be relied on for, any tax or legal advice. You should consult your tax or legal adviser prior to making any decision based on any specific information contained herein.The Prosperity Consulting Group, LLC is not affiliated with The Hoffman Group, LLC.The Prosperity Consulting Group, LLC is not affiliated with Wendy Meadows Law.

A CPA is one of the most trusted advisors you can have by your side, but choosing the wrong firm could mean leaving money on the table come tax day. With so many choices, how can you determine if the CPA you're hiring will be a good fit for your needs? On this episode, we're joined by Donald Hoffman, MS, CPA, Managing Partner of The Hoffman Group and President of The Prosperity Consulting Group, to share valuable tips on how to choose the right CPA for you or your business.In this episode, you will learn:How to find a CPA who understands your personal or business needsThe difference between an accountant and a CPAHow to get the most credible references for a CPAHow to determine if a CPA is competent in your service areaRed flags to watch out for when choosing a CPAContact Don Hoffman:dnh@prosperityconsult.com410.363.7211 Contact The Prosperity Consulting Group:www.prosperityconsult.cominfo@prosperityconsult.com410.363.7211Contact The Hoffman Group:www.hoffmancpas.cominfo@hoffmancpas.com443.320.4101Securities offered through Triad Advisors, LLC., Member FINRA/SIPC. Investment advisory services offered through The Prosperity Consulting Group, LLC. The Prosperity Consulting Group, LLC is not affiliated with Triad Advisors, LLC.This information is intended for educational purposes only. It is not intended to provide any investment advice or provide the basis for any investment decisions. You should consult your financial adviser prior to making any decision based on any specific information contained herein. It is not intended to provide, and should not be relied on for, any tax or legal advice. You should consult your tax or legal adviser prior to making any decision based on any specific information contained herein.The Prosperity Consulting Group, LLC is not affiliated with The Hoffman Group, LLC.

With various business ownership options, you may find yourself asking what's right for you? Choosing the wrong entity can be costly for your business in terms of taxes, liability exposure, and more. Donald Hoffman, MS, CPA, President of The Prosperity Consulting Group and Managing Partner of The Hoffman Group, discusses what you need to consider before making a decision.In this podcast, you will learn:The most common types of business ownershipsThings you must consider when choosing a business entityPros and cons of an LLC vs. CorporationHow each type of business entity is taxedConsequences of choosing the wrong type of business entity Contact Donald Hoffman:www.hoffmancpas.com/donald-n-hoffman-ms-cpadhoffman@hoffmancpas.com443.320.4101Contact The Prosperity Consulting Group:www.prosperityconsult.cominfo@prosperityconsult.com410.363.7211Contact The Hoffman Group:www.hoffmancpas.cominfo@hoffmancpas.com443.320.4101Securities offered through Triad Advisors, LLC., Member FINRA/SIPC. Investment advisory services offered through The Prosperity Consulting Group, LLC. The Prosperity Consulting Group, LLC is not affiliated with Triad Advisors, LLC.This information is intended for educational purposes only. It is not intended to provide any investment advice or provide the basis for any investment decisions. You should consult your financial adviser prior to making any decision based on any specific information contained herein. It is not intended to provide, and should not be relied on for, any tax or legal advice. You should consult your tax or legal adviser prior to making any decision based on any specific information contained herein.The Prosperity Consulting Group, LLC is not affiliated with The Hoffman Group, LLC.

As women are leaning into their careers, asking for raises, starting businesses, and making more money, their financial goals are constantly evolving. Financial planning for women in their 20s looks drastically different than for women in their 50s. On this episode, we're joined by Lauren Rebbel, CFP®, CDFA®, Partner at The Prosperity Consulting Group, to discuss financial planning steps every woman should make in various stages of her life. In this episode, you will learn:How women's financial planning goals differ from men'sFinancial planning strategies women should make in their 20s, 30s, 40s, and 50sHow women's financial goals change throughout their lifeTips for women to prioritize their financesContact Lauren Rebbel:www.prosperityconsult.com/lauren-m-rebbelLMR@prosperityconsult.com410.363.7211Contact The Prosperity Consulting Group:www.prosperityconsult.cominfo@prosperityconsult.com410.363.7211Contact The Hoffman Group:www.hoffmancpas.cominfo@hoffmancpas.com443.320.4101Securities offered through Triad Advisors, LLC., Member FINRA/SIPC. Investment advisory services offered through The Prosperity Consulting Group, LLC. The Prosperity Consulting Group, LLC is not affiliated with Triad Advisors, LLC.This information is intended for educational purposes only. It is not intended to provide any investment advice or provide the basis for any investment decisions. You should consult your financial adviser prior to making any decision based on any specific information contained herein. It is not intended to provide, and should not be relied on for, any tax or legal advice. You should consult your tax or legal adviser prior to making any decision based on any specific information contained herein.The Prosperity Consulting Group, LLC is not affiliated with The Hoffman Group, LLC.

The COVID-19 pandemic has been difficult not just for the health of our society, but also the health of our economy. With a recovering job market, slowly moving interest rates, and recent economic stimulus, how is our economy doing in 2021? We are joined by Sean Reitenbach, CFA®, Senior Investment Analyst, to discuss what we can expect as our economy recovers from COVID-19. In this podcast, we will discuss:The main factors driving economic recoveryHow the acceptance of the COVID-19 vaccine may impact the speed at which our economy recoversImpact of stimulus on our economy, future inflation and national debtImpact of interest rates on our economic recovery Contact The Prosperity Consulting Group:www.prosperityconsult.cominfo@prosperityconsult.com410.363.7211Contact The Hoffman Group:www.hoffmancpas.cominfo@hoffmancpas.com443.320.4101Securities offered through Triad Advisors, LLC., Member FINRA/SIPC. Investment advisory services offered through The Prosperity Consulting Group, LLC. The Prosperity Consulting Group, LLC is not affiliated with Triad Advisors, LLC.This information is intended for educational purposes only. It is not intended to provide any investment advice or provide the basis for any investment decisions. You should consult your financial adviser prior to making any decision based on any specific information contained herein. It is not intended to provide, and should not be relied on for, any tax or legal advice. You should consult your tax or legal adviser prior to making any decision based on any specific information contained herein.The Prosperity Consulting Group, LLC is not affiliated with The Hoffman Group, LLC.

When approaching the age for Medicare, there are some common questions: Do I have to apply for Medicare when I turn 65? What if I'm still working and receiving employer-sponsored health care? Should I defer enrolling in Medicare, and if I do, how can I be sure I won't be penalized? On this episode of The Prosperous Life, Tracy Russo, President of HTA, is here to shed some light on Medicare enrollment, timing considerations, and more.In this podcast, you will learn:Who needs to enroll in Medicare and when should they applyThe consequences of not applying for Medicare during your enrollment periodReasons to defer enrolling in Medicare at age 65 and how to deferWhen to enroll in Medicare if you're still working at age 65The definition of credible coverage in the eyes of MedicareMedicare's interaction with COBRA, retiree plans, severance coverage, and health savings accounts (HSAs)Contact Tracy Russo at HTAwww.htafinancial.comMedicare@htafinancial.com610.430.6650Contact The Prosperity Consulting Group:www.prosperityconsult.cominfo@prosperityconsult.com410.363.7211Contact The Hoffman Group:www.hoffmancpas.cominfo@hoffmancpas.com443.320.4101Securities offered through Triad Advisors, LLC., Member FINRA/SIPC. Investment advisory services offered through The Prosperity Consulting Group, LLC. The Prosperity Consulting Group, LLC is not affiliated with Triad Advisors, LLC.This information is intended for educational purposes only. It is not intended to provide any investment advice or provide the basis for any investment decisions. You should consult your financial adviser prior to making any decision based on any specific information contained herein. It is not intended to provide, and should not be relied on for, any tax or legal advice. You should consult your tax or legal adviser prior to making any decision based on any specific information contained herein.The Prosperity Consulting Group, LLC is not affiliated with The Hoffman Group, LLC.The Prosperity Consulting Group, LLC is not affiliate with HTA. 

We are joined by Mark Greenberg, CEO of Equity Mortgage Lending to discuss real estate, mortgages, interest rates and more! During the COVID-19 Pandemic, we have seen interest rates plummet as the price of housing continues to grow. In this podcast, you will learn:·               How current interest rates are impacting the real estate market·               Is this a good time to buy, sell, or refinance?·               Where the housing market and interest rates are going in the future·               The potential impact of Biden's proposed $15,000 first time home buyer tax creditMark Greenberg is the CEO of Equity Mortgage Lending, a full-service mortgage banker that handles purchases and refinances of primary residences, second homes and investment properties. Mark has been in the mortgage industry since 1981 and knows that asking proper questions is critical in understanding his clients' goals. Mark educates his clients throughout the lending process while providing them with ample options so they can make informed decisions aligned with their personal and financial goals. In today's digital landscape, Mark prides himself on sharing his experience and knowledge personally to provide the best services and products available in our marketplace.  Contact The Prosperity Consulting Group:www.prosperityconsult.com info@prosperityconsult.com (410) 363-7211Contact The Hoffman Group:www.hoffmancpas.com info@hoffmancpas.com 443.320.4101Contact Mark Greenberg at Equity Mortgage Lending:www.equitymortgagelending.com/mgreenberg@equitymortgagelending.com443-471-4307           Securities offered through Triad Advisors, LLC., Member FINRA/SIPC. Investment advisory services offered through The Prosperity Consulting Group, LLC. The Prosperity Consulting Group, LLC is not affiliated with Triad Advisors, LLC.This information is intended for educational purposes only. It is not intended to provide any investment advice or provide the basis for any investment decisions. You should consult your financial adviser prior to making any decision based on any specific information contained herein. It is not intended to provide, and should not be relied on for, any tax or legal advice. You should consult your tax or legal adviser prior to making any decision based on any specific information contained herein.The Prosperity Consulting Group, LLC is not affiliated with The Hoffman Group, LLC.The Prosperity Consulting Group, LLC is not affiliated with Equity Mortgage Lending

Chances are, you will need long-term care services in your lifetime.  While the thought of not being able to take care of a loved one, let alone yourself, may not be a pleasant one, it is vital to consider how you will protect yourself and your assets, should you need care in the future.  In this podcast, you will learn:·         Chances you will need long-term care in your lifetime·         What long-term care is and what long-term care covers·         The pros and cons of different types of long-term care policies ·         Advice on how to discuss long-term care with your family  Contact The Prosperity Consulting Group:www.prosperityconsult.com info@prosperityconsult.com (410) 363-7211Contact The Hoffman Group:www.hoffmancpas.com info@hoffmancpas.com 443.320.4101 Securities offered through Triad Advisors, LLC., Member FINRA/SIPC. Investment advisory services offered through The Prosperity Consulting Group, LLC. The Prosperity Consulting Group, LLC is not affiliated with Triad Advisors, LLC.This information is intended for educational purposes only. It is not intended to provide any investment advice or provide the basis for any investment decisions. You should consult your financial adviser prior to making any decision based on any specific information contained herein. It is not intended to provide, and should not be relied on for, any tax or legal advice. You should consult your tax or legal adviser prior to making any decision based on any specific information contained herein.The Prosperity Consulting Group, LLC is not affiliated with The Hoffman Group, LLC.

There are many factors to consider before applying for Medicare. Getting started can bring up a slew of new questions. When do I qualify for Medicare, and what will it cover? What will Medicare cost, and which parts do I need? Tracy Russo, President of HTA, is here to give us an overview of Medicare and shed light on some critical factors to consider before applying.In this podcast, you will learn:Who qualifies for Medicare Consequences of not signing up for MedicareThe four main parts of Medicare (Parts A, B, C, and D), what they cover, and how they interactWhen to enroll in MedicareThe cost of MedicareContact Tracy Russo at HTAMedicare@htafinancial.com610-430-6650 https://htafinancial.com/Contact The Prosperity Consulting Group:www.prosperityconsult.cominfo@prosperityconsult.com(410) 363-7211Contact The Hoffman Group:www.hoffmancpas.cominfo@hoffmancpas.com443.320.4101Securities offered through Triad Advisors, LLC., Member FINRA/SIPC. Investment advisory services offered through The Prosperity Consulting Group, LLC. The Prosperity Consulting Group, LLC is not affiliated with Triad Advisors, LLC.This information is intended for educational purposes only. It is not intended to provide any investment advice or provide the basis for any investment decisions. You should consult your financial adviser prior to making any decision based on any specific information contained herein. It is not intended to provide, and should not be relied on for, any tax or legal advice. You should consult your tax or legal adviser prior to making any decision based on any specific information contained herein.The Prosperity Consulting Group, LLC is not affiliated with The Hoffman Group, LLC.The Prosperity Consulting Group, LLC is not affiliate with HTA. 

After a volatile year in 2020, we look forward to what the future holds for our economy. The Prosperity Consulting Group's Senior Investment Analyst, Sean Reitenbach, CFA®, discusses what we can expect as vaccine roll-out picks up pace, and a new administration takes control of our government.In this podcast you will learn: What factors could impact the economy in 2021 Where is the economy headed now that COVID-19 numbers are coming downWhat are the potential headwinds and tailwinds of a new administration in Washington Recommendations for investors in 2021Contact The Prosperity Consulting Group:www.prosperityconsult.cominfo@prosperityconsult.com(410) 363-7211Contact The Hoffman Group:www.hoffmancpas.cominfo@hoffmancpas.com443.320.4101

Estate planning services offer peace of mind that our wishes will be executed once we're no longer here for our families, but even a small mistake in your estate documents could lead to an unintended transfer of assets. Don Hoffman, President of The Prosperity Consulting Group and Managing Partner of The Hoffman Group, talks about estate planning pitfalls to avoid and how to make sure your assets end up in the right hands.In this podcast, you will learn:How to ensure a successful transfer of assets to your designated beneficiariesCircumstances that trigger the need for estate planning servicesHow to determine if your wills, trusts, and estate documents genuinely reflect your wishesBenefits of utilizing a living trust for the transfer of assetsWhat happens to your assets if you don't have an estate plan Contact information:info@prosperityconsult.com or info@hoffmancpas.comwww.prosperityconsult.comwww.hoffmancpas.com

When preparing for retirement, there are is always one big question: how long will my money last? Erin Ansalvish, Director of Financial Services and Partner at The Prosperity Consulting Group, shares valuable and actionable retirement strategies to make planning for your retirement a little less scary and a lot more rewarding.In this podcast you will learn:·         The components of a successful retirement plan·         How long will your money last in retirement·         Whether you should maintain your current lifestyle in retirement·         Considerations to make when determining if your assets will last through retirement·         Forecasting your cash flow through retirementContact us at info@prosperityconsult.com or info@hoffmancpas.comwww.prosperityconsult.comwww.hoffmancpas.com