In the News: When emergency strikes, should you tap into your 401(k)?
As seen in the Marietta Daily Journal: Bil Lako, CFP®, explains that when the situation is dire, a 401(k) loan may be the better option vs. a hardship withdrawal.
In the News: Maximizing your cash reserves with money market funds
As seen in the Marietta Daily Journal, Bil Lako, CFP®, explains how you could place your cash reserves in a high-yield savings account, but you may be able to get a higher interest rate in a money market mutual fund through your brokerage firm.
In the News: Plan for health care costs to protect retirement savings
As seen in the Marietta Daily Journal, Bil Lako, CFP®, explains what investors need to do to plan for health care costs in retirement. EBRI estimates couples 65 and older will need between $212,000 and $383,000 to cover their health care costs in retirement.
In the News: Exploring the exceptions: Early IRA withdrawals without penalty
As seen in the Marietta Daily Journal, Bil Lako, CFP®, discusses the exceptions to early withdrawals from your IRA if you are younger than age 59 ½.
In the News: Caught in the middle: navigating the challenges of the sandwich generation
As seen in the Marietta Daily Journal , Bil Lako, CFP®, explains that the Sandwich Generation—individuals sandwiched between the responsibilities for their children and their parents—could experience significant financial consequences, both out-of-pocket costs and long-term retirement security.
In the News: Be aware of the pros and cons of owning rental properties
As seen in the Marietta Daily Journal, Bil Lako, CFP®, explains that while rental profits are considered passive income, being a landlord is not a passive activity; it is a job.
Thank You for Voting for Henssler Financial Best of Cobb!
March 2023, KENNESAW, Ga.— Readers of Cobb Life magazine and the Marietta Daily Journal nominated and voted Henssler Financial to the Best of Cobb for the fourth consecutive year, and John Dickson, CPA, CVA, CFP® was voted Best Accountant for the third year.
In the News: Lessons learned from Silicon Valley Bank
As seen in the Marietta Daily Journal, Bil Lako, CFP®, explains that when interest rates increase, the value of current bonds decreases, and how that contributed to Silicon Valley Bank’s trouble.
In the News: What have you done for me lately?
As seen in the Marietta Daily Journal, Bil Lako, CFP®, asks investors, “If you liked the investment before and nothing has changed except the price decline, why wouldn’t you jump at the chance to buy more at a lower cost?”
In the News: Three ways the SECURE Acts significantly changed required minimum distributions
As seen in the Marietta Daily Journal, Bil Lako, CFP®, explains how the rules surrounding required minimum distributions have changed recently.