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No Plan B: A personal lesson about retirement readiness

EPISODE · Oct 19, 2023 · 11 MIN

No Plan B: A personal lesson about retirement readiness

from Journal of Accountancy Podcast

Stephanie Hughes doesn't want anyone, especially families, to face an unforeseen crisis when it comes time to retire. Her family's own struggles, when she was in college, helped shape that view. Hughes, CEO of the Wealth Management & Family Office at the firm Wiss & Co. LLP, said she's teaching her daughter about money, saving, and thinking early about retirement. Dedicating a little bit of time now to educate others about retirement readiness can pay big dividends down the road. This episode of the JofA podcast also highlights breaking news related to IRS details on withdrawing employee retention credit claims. What you'll learn from this episode: ·         More about Stephanie Hughes and the division of the firm Wiss of which she is CEO. ·         The personal experience that helped shape Hughes and her view on financial planning, especially as it relates to transferring family wealth. ·         How her family's struggle led Hughes to a job that she says "became my passion." ·         Why retirement readiness is sometimes more challenging for women. ·         The importance of early education when it comes to saving for retirement. ·         The YouTube series that Hughes and other firm leaders have begun.

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No Plan B: A personal lesson about retirement readiness

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