Mitchell C Hockenbury MBA, CFP

I was brought back to talk about a different book I had written, "Tactical Influence" for Mary's podcast. Even though she produces content for those in the legal field, there are plenty of good nuggets that can be used in any endeavor.

Link to Book:
https://www.amazon.com/Tactical-Influence-Countered-Insurgency-Words-ebook/dp/B08GQGY64B

Link to Podcast:
https://open.spotify.com/episode/2k4gc1TlWESwJwT4l8Khke

Strategic Conversations: Tactical Influence in Leadership and Communication Legal Visionaries · Episode

Honored to spend some time on a great podcast talking about a personal finance book I wrote a few years ago. If you'd like to listen here is the link (another link to the book below).

https://podcasts.apple.com/au/podcast/if-i-had-known-about-money-then-wisdom-that-would-have/id1572678193?i=1000634742379

https://www.amazon.com/Only-Known-About-Money-Then/dp/1548056235/ref=sr_1_2?keywords=Mitchell+C.+Hockenbury&qid=1699990441&s=audible&sr=1-2-catcorr

‎Vandenack Weaver LLC - Legal Visionaries: If I Had Known About Money Then: Wisdom That Would Have Saved $1,000,000 on Apple Podcasts ‎Show Vandenack Weaver LLC - Legal Visionaries, Ep If I Had Known About Money Then: Wisdom That Would Have Saved $1,000,000 - 14 Nov 2023

Open season for Medicare has opened now through December 7th. It is a good idea to review your current plan against others. You can also change/drop Part D or your Medicare Advantage plans. Remember: insurers plan for you to do nothing and there could be savings if you simply review.

PS- Social Security payments will increase 3.2% next year.

September is College Savings Month and it is a good time to think through giving to children or grandchildren through 529 plans. There can be tax savings (you may qualify for a state tax deduction), the money grows tax-free inside the account and when used on school expenses is taken out tax-free. The accounts can be given from one person to the next (think: the beneficiary doesn't go to college for instance, you can transfer to another that does). Personally, I just converted a Coverdale Educational Savings Account to a state 529 plan. Why? The rules on 529 plans have gotten even better: if my daughter doesn't use for college, I can transfer the money into a Roth IRA for her! That is pretty powerful stuff. Clearly, there are rules and such behind the scenes so make sure you speak to your financial advisor or tax planner ahead of time, but make no mistake: these plans are powerful.

I'm honored to have been invited to speak at UNO and pass along personal finance basics to the next generation. Too often I hear, "I wish I knew about (insert money topic) a long time ago" from clients. We can't go back in time, but I think it is important to pass along the wisdom we learn to those up and coming.

I have been in need of a serious upgrade to my Google Business profile. So, I decided to take some photos of what it looks like to work with me and enlisted the service of an "expert"... my 9-year-old! She took great photos and I decided to turn the tables on her: Here are a couple photos of my photographer!

An article today on the financial scams of the elderly. I talk about this a lot: slow down when asked for money. Slow down and ask a disinterested third party their opinion.

Froma Harrop: Scams against old people are a scourge of our society I oversaw the care of an elderly friend in his last years. Up until age 86, Frank was pretty much in control. But then he was diagnosed with cancer. The