Dr. Gene and Bil Lako, CFP®, discuss retirement numbers and how the Ten Year Rule is applied to a retirement account.
The "Money Talks" hosts discuss a plan of action for a family that hasn’t saved for college educations expenses.
The "Money Talks" hosts explain how if a 25-year-old investor were to forgo making a $5,000 IRA contribution, the cost of that decision in the long run could be $140,512.
Bil Lako, CFP®, Dr. Gene and Ted Parrish, CFA discuss senior homeowners’ option of a Reverse Mortgage.
Bil Lako, CFP® and Dr. Gene discuss a strategy for an investor who was burned by the market and lost his 6% dividends.
Between the bailouts and various financial legislation, many investors have wondered how much of their deposits are covered by FDIC insurance. For more information on the standard FDIC limits, coverages specific to the type of account, and the new programs developed by the FDIC, read this Financial Tip.
About three months before your birthday, taxpayers should receive their "Earnings and Benefits Estimate Statement" from the Social Security Administration. This annual report will give you an idea of how much you may receive in Social Security when you retire. For a description of the information you will find on this statement, read this Financial Strategy.
Beginning in 2011, Education Savings Account contributions will be capped at $500 per year per child, and expenses for primary education will not be considered qualified expenses. For more changes to these accounts and recommendations on what you can do with funds in an ESA, read this Financial Strategy.
Bil Lako, CFP® and Dr. Gene discuss some of the major considerations for converting a Traditional IRA to a Roth.
At Henssler Financial, we have established our Henssler Model Portfolio, which is a mix of our recommended high quality, individual common stocks. Our Model generally yields between 1.5% and 2% in terms of dividends. Over the years, we have also created a couple of income portfolios, one that has a higher current yield with…