Have You Checked Your Retirement Plan Lately?
If you haven’t given your retirement plan a thorough review within the last 12 months, now may be a good time to do so.
In the News: Cash-out refinance before retirement—are you crazy? Look at the math first
In today’s Marietta Daily Journal, Bil Lako, CFP® explains why he gave a set of clients the advice to consider a cash-out refinance right before they retired.
Cash-Out Refinance before Retirement—Are You Crazy? Look at the Math First
In this week’s case study, our Experts discuss the desire to pay off one’s house, a common want among those about to retire. They take a look at the math and the psychology behind this “sleep better at night” scenario and then apply the Ten Year Rule to this common situation.
Could a Health Savings Account Help Strengthen Your Retirement Plan?
In a 2019 Gallup poll, 25% of Americans age 50 to 64, and 23% of those age 65 and older, said health care costs were their top financial concern. Should you consider an HSA?
Three Regrets of Retirees
A recent survey found that more than half of retirees have retirement planning regrets. Unfortunately, many of these retirees had to cut back on their lifestyles to compensate for financial shortfalls.1 Considering their most common regrets may help you avoid making the same mistakes. Not Saving Enough More than one-third of retirees wish they had…
How Secure Is Social Security?
If you’re retired or close to retiring, then you’ve probably got nothing to worry about — your Social Security benefits will likely be paid to you in the amount you’ve planned on (at least that’s what most of the politicians say). But what about the rest of us? The Media Onslaught Watching the news, listening…
In the News: Keep Your Plan Based on Your Needs, not Politics
In today’s Marietta Daily Journal, Bil Lako, CFP® explains to those worried about politics affecting the markets that the economic backdrop already in place when impeachment talks begin generally will prevail.
Balancing 401(k) and HSA Contributions
If you can contribute to both a 401(k) and HSA, determining how much to contribute to each type of plan will require some careful thought and strategic planning.
What Life Events Trigger the Need for Financial Advice?
As you move through different stages of life, you will face new and unique financial situations. Did you just get engaged? Perhaps you are wondering how you and your partner are going to manage your money together. Do you have children? Maybe you are looking for ways to pay for their college education. When you…
In the News: Is the Roth 401(k) Right for You?
In today’s Marietta Daily Journal, Bil Lako, CFP®, explores the benefits of the Roth 401(k) option. Read the article here. Disclosures: The investments referenced within this article may currently be traded by Henssler Financial. All material presented is compiled from sources believed to be reliable and current, but accuracy cannot be guaranteed. The contents are…