Valentina Luchetti, Author at HFM Investment Advisors, LLC

In the competitive world of elevator installation and maintenance, few stories resonate as deeply as that of Bill McGrath, the founder of South Jersey Elevators (SJE). Bill’s journey from humble beginnings to establishing a thriving business over the last 12 years showcases the resilience, hard work, and lessons learned from setbacks. His story is an inspiring tale of entrepreneurship, dedication, and the importance of family support, all while navigating the ups and downs of building a company in a challenging industry. The Beginning: Taking a Leap of Faith Bill McGrath’s path to entrepreneurship wasn’t an immediate leap, but rather, a…

Building a Business from the Ground Up with Bill McGrath

Business Owners, Podcast

In this episode of The Entrepreneur’s Journey, host Michael Pallozzi sits down with Bill McGrath, owner of South Jersey Elevator, to discuss his journey from working in the trades to launching and scaling his own successful elevator company. Bill shares his early influences, the pivotal moment that led him to take the leap into entrepreneurship, and the challenges he faced along the way. He also talks about the lessons he learned from his father, the importance of resilience, and the future of his company, including his son’s growing role in the business. Tune into this episode to also learn: How…

Shifting from Saver to Spender: Embracing Financial Freedom in Retirement

Podcast, Retirement Planning

As we approach retirement, one of the biggest transitions we face is shifting from the mindset of a saver to that of a spender. This change is often more difficult than it sounds. Many of us have spent our entire working lives focused on saving, and once the steady paycheck stops, it can feel like an overwhelming leap to start spending the wealth we've worked so hard to build. In the latest episode of the Dollar Wise Podcast, Catherine Allen-Carlozo, Certified Financial Planner at HFM Investment Advisors, explored this very topic with a couple of retired clients who were struggling…

Retirement Leadership Insights

401(k), Retirement Planning

Wondering how to help your 401(k) plan and committee succeed? Explore our Retirement Leadership Insights newsletter: it covers simple ways to keep your plan on track! What does a 401(k) committee do? A committee’s work shapes the success of your plan! Read about what they focus on. Tips for smooth committee transitions New members on the committee? Keep things running smoothly with these tips. Should you consider auto-features? Auto-enrollment and auto-escalation help employees save—automatically! But they’re not for everyone. Read the Full Newsletter 102 WEST HIGH STREET, SUITE 200 GLASSBORO, NJ 08028 HFM Investment Advisors, LLC is a registered investment…

From Saver to Spender: How to Enjoy Your Money in Retirement Without Fear

Podcast, Retirement Planning

In this episode, Catherine Allen-Carlozo, a Certified Financial Planner at HFM Investment Advisors, explores the transition from being a saver to a spender in retirement. Many retirees struggle with the fear of spending their savings, worrying about outliving their money, market crashes, or unexpected medical expenses. Catherine shares practical strategies to build confidence in spending, create a structured withdrawal plan, and align financial decisions with personal values and goals. If you’ve worked hard to save for retirement, this episode will help you shift your mindset and enjoy your wealth without fear. Tune into this episode to also learn:…

Should You Consider Auto-Features for Your Retirement Plan?

401(k)

Auto-enrollment and auto-escalation are now standard for new plans. But how can you know if these “table-stakes” are a good option for your plan? Studies have shown that auto-features, such as auto-enrollment and auto-escalation, help boost participation and savings rates. However, not all plans offer these plan design features, and existing plans aren’t obligated to adopt them. Under the SECURE Act 2.0, new 401(k) and 403(b) plans must include auto-enrollment and auto-escalation, beginning in 2025. Choosing to include automatic features in your retirement plan design is an important and potentially complex decision. Here are some key factors to…

Breaking Barriers: Tyler Hoehe’s Journey from Criminal Justice to Business Leadership

401(k), Business Owners

Breaking Barriers: Tyler Hoehe’s Journey from Criminal Justice to Business Leadership Entrepreneurship is often a journey filled with unexpected twists and turns, and few stories capture this better than that of Tyler Hoehe. As one of the youngest entrepreneurs featured on the Dollar Wise Podcast, Tyler’s path to business ownership was far from conventional. What began as a career in criminal justice transformed into her taking the reins of Ed’s Body Shop, a fourth-generation family business that she now leads with passion and vision. A Different Dream: From Law Enforcement to Business Ownership When Tyler graduated high school, she had…

401(k) Playbook for Company Leadership

401(k)

Your workforce is your greatest asset. A well-managed 401(k) plan can help you attract, retain, and engage top talent. Are you getting the most out of your 401(k) plan? Ask yourself: Is your plan helping to improve employee retention? Are you offering benefits that today’s employees want? Is your 401(k) designed for long-term success? If you answered "no" to any of these questions, it’s time for a change. Let’s talk about how to enhance your 401(k) and keep your team happy without a drastic cost increase. Download Your 401(k) Playbook 102 WEST HIGH STREET, SUITE 200 GLASSBORO, NJ 08028 HFM…

From Criminal Justice Dreams to Running a Legacy: Tyler Hoehe’s Story

401(k), Business Owners, Podcast

Welcome back to the Dollar Wise Podcast. In this episode, host Michael Pallozzi sits down with Tyler Hoehe, the fourth-generation owner of Ed's Body Shop in Bridgeton, NJ. Tyler shares her incredible journey from dreaming of a career in law enforcement to becoming the youngest entrepreneur featured on this podcast. Discover how her family's legacy influenced her decision to take over the business, the challenges she faced as a woman in a traditionally male-dominated industry, and how she's expanding the shop's services to include heavy-duty equipment repair. This conversation dives deep into her growth, passion, and dedication to carrying on…

401(k) Committee Changes and Tips to Help New Members

401(k), Financial Wellness

As senior leaders start to retire, learn best practices for smooth committee transitions. Change is upon us. The Silver Tsunami is lifting the baby boom generation into retirement. For many companies, this means shifts in 401(k) committee leadership. As with all committee processes, having a clear plan is essential. A well-documented transition process can help new and existing members understand their roles, and smooth and consistent transitions will keep plans operating seamlessly. Develop a consistent onboarding process A thorough and repeatable process for onboarding new committee members is essential. In many cases, the process begins with an orientation program…