When people discover the fact that Rob Hochman studied sports management at Seton Hall University, the “Jerry Maguire” references creep into most conversations – despite the fact that it has been a generation since “show me the money” became a part of the pop culture landscape.
Indeed, Hochman’s career in sports covered a dizzying array of gigs, most notably as a storyline writer and promoter for World Wrestling Entertainment [WWE], a venue manager for Ted Turner’s Goodwill Games – and as a public relations professional with the New York Giants.
A Myrtle Beach resident for 13 years, Hochman originally relocated with wife Debbie Hochman as a result of an offer from Vince McMahon of WWE.
“WWE wanted to do stuff in the South because WCW [World Championship Wrestling, founded by Ted Turner] used to have a southern presence, and [McMahon] was in the process of taking them over,” he said. “He wanted to see if we could start doing shows down here where we would develop young talent that people never saw before as well as get some of the older guys that could actually work out with that talent.”
Hochman opted for Myrtle Beach for the relocation, and he could have chosen any other location in the South – but he had a grandmother living here at the time and the home prices were almost too good to be true.
“In New Jersey, if you told me you could own a four bedroom, three bath house for under $100,000 – you would have been smoking crack.”
Eight years ago, Hochman’s mother was responsible for organizing his grandmother’s health insurance, but the process was fraught with confusion – and his grandmother wound up with what he calls the worst stuff she could have gotten because his mother didn’t know what she was getting.
“She just thought, ‘well – the guy recommended this so I bought it,’” he said.
From then on, Hochman felt compelled to help others navigate the murky waters of the retirement planning and Medicare supplement marketplace.
Enter Hochman Financial Group – which does financial planning for senior citizens as well as retirement planning for others.
“For seniors 65 and older, we help them with their health insurance concerns, their medical insurance issues as well as their financial planning,” he said.
One of the key products he offers is something called an IUL, or indexed universal life.
“While it carries life insurance, it also has tax-free benefits to it – where you can borrow against it from time-to-time and that becomes tax free. If you are in your 30s, even if you are putting in something as small as $100 a month – by the time you reach retirement age, you could have about $50,000 in there tax free.”
He said an IUL locks in gains, but protects a person’s investment in the event of a downturn or market crash.
An important open enrollment period for Medicare coverage started October 15 and runs until December 7.
“This is for seniors looking to change their Medicare supplements, and there are a lot of things they can do,” he said. “They don’t have to worry about health questions during this open enrollment period,” he said.”
His goal is to make sure folks don’t have to go through the quagmire his mother went through in the marketplace for his grandmother.
“I got involved to help people who wouldn’t necessarily know that there are choices out there and there are better options for them,” he said.
When Hochman was at Seton Hall, he started working in the Arena Football League for a team in New Jersey called the Red Dogs. He went on to work for the Giants for seven years, under communications VP Pat Hanlon.
He received an NFC championship ring from the Giants’ victory over the Vikings in 2000, but by the time he left to pursue the opportunity with WWE, he felt a bit shortchanged.
“All I ever wanted was a Super Bowl ring,” he said.
But Hanlon promised him that if the Giants ever won a Super Bowl, he would make sure Hochman got one.
“Well in 2008, we beat the undefeated New England Patriots,” he said.
Hanlon called Hochman and told him to go to the mall and get sized for a ring, which he did – but said he didn’t hear from Hanlon for months. Naturally, he was a bit skeptical.
One morning, when Hochman was feeling the effects of the previous night on the town, there was a knock on his door.
“The police came down my street with a FedEx truck,” he said. “I am half dead from the night before, and they are pounding on the door and the dogs are going nuts. I finally walk down the stairs and open the door, about ready to tell this FedEx guy where he could go.
He said ‘are you Robert Hochman?’ I said yes. He said, ‘Congratulations – you are a Super Bowl Champion.’”
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