Russ Hackmann discusses the current state of the stock market, the impact of rising interest rates, and strategies for maintaining financial gains. He emphasizes the importance of having a solid financial plan rather than just a portfolio, especially in uncertain economic times. The conversation also touches on setting financial goals for the new year and draws lessons from Al Pacino's financial misadventures, highlighting the risks of not being actively involved in one's financial management. Hackmann Wealth Partners Senior Vice-President Clare Hare also joins with a case study.
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