How to Avoid RMD in Retirement
Once you reach age 73, soon to be 75, you must withdraw at least a minimum amount from your pre-tax retirement accounts each year, known as a Required Minimum Distribution (RMD). Given that it is “required,” do any strategies exist to avoid this requirement? We’re hitting those and questions from fans of the show on this episode.
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC. Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affiliated. Mike Bernard, CFP® and Joshua Gregory, CFP® offer advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
Intro: (0:00)
Segment 1: (0:11)
Break 1: (10:23)
Segment 2: (12:41)
Break 2: (22:56)
Segment 3: (25:03)
Break 3: (35:19)
Segment 4 (37:20)
Outro: (47:37)
16
views
Spousal Social Security Benefits Explained
Spousal Social Security benefits are often misunderstood. Here is what you need to know!
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
17
views
5 Most Confusing Things About Retirement
Here are the 5 most confusing things Americans find about retirement.
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
LINKS: https://finance.yahoo.com/news/the-five-biggest-things-that-confuse-americans-about-retirement-161712022.html
https://finance.yahoo.com/news/survey-we-have-no-idea-how-much-well-need-for-retirement-130017990.html
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
5
views
Don't Follow 4% Rule Warns JPMorgan
Figuring out a safe withdrawal rate in retirement is critically important to your financial plan. The widely known 4% Rule is now being warned about by JPMorgan.
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
LINKS: https://finance.yahoo.com/news/jpmorgan-says-safely-withdraw-much-163855453.html
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
2
views
Student Loan Repayment Strategies
After 3 years of forbearance, student loan payments are scheduled to restart this fall after the student loan forgiveness plan fell through. What is your repayment strategy for your student loans, or how should you plan for college expenses in the future? We're covering that and more on this episode of Wise Money.
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC. Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affiliated. Mike Bernard, CFP® and Joshua Gregory, CFP® offer advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
Intro: (0:00)
Segment 1: (0:11)
Break 1: (10:28)
Segment 2: (12:32)
Break 2: (22:48)
Segment 3: (25:25)
Break 3: (35:41)
Segment 4 (36:03)
Outro: (46:15)
31
views
Buffett Indicator Flashing Stock Market Warning
Is the stock market fairly valued, undervalued, or overvalued? Here is what the Buffett Indicator has to say.
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
LINKS: https://www.currentmarketvaluation.com/models/buffett-indicator.php
https://am.jpmorgan.com/us/en/asset-management/adv/insights/market-insights/guide-to-the-markets/
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
26
views
New SAVE Student Loan Repayment Plan
View the SAVE plan and log in to change your repayment plan here: https://studentaid.gov/idr/
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
LINKS: https://www.cnbc.com/2023/07/31/how-to-apply-for-bidens-new-save-student-loan-repayment-plan.html
https://www2.ed.gov/policy/highered/reg/hearulemaking/2021/idrfactsheetfinal.pdf
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
40
views
How to Plan for Months That Are More Expensive
We all have those months where expenses are more than others — car repairs, property taxes due, vacations. How do you plan for these expenses when some may be unexpected? Here is our simple system that has changed financial lives.
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
21
views
Homeowners Trapped by Low-Interest Rate Mortgage
Are you feeling trapped in your house by your mortgage's low-interest rate?
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
LINKS: https://www.cnbc.com/2023/08/01/why-many-homeowners-feel-trapped-by-low-rate-mortgages.html
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
18
views
3 Benefits of Rebalancing Your Investments
Do you rebalance your investments? If not, here are 3 benefits to rebalancing that you don't want to miss out on!
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
53
views
5 Steps When Going From Employee to Contractor
Whether it is a step towards semi-retirement, or a change in your work-life balance, more and more people are considering shifting from being an employee to being an independent contractor. When considering this move, what steps are involved to get everything set up correctly? From taxes and insurance to retirement funding and business status, we're helping you with the transition on this episode of Wise Money.
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC. Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affiliated. Mike Bernard, CFP® and Joshua Gregory, CFP® offer advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
Intro: (0:00)
Segment 1: (0:11)
Break 1: (10:26)
Segment 2: (11:46)
Break 2: (22:05)
Segment 3: (22:49)
Break 3: (33:07)
Segment 4 (34:02)
Outro: (44:25)
26
views
Fed Creates Instant Payment System FedNow
The Fed has announced its new instant payment system called FedNow, which allows you to transfer money and have it instantly in your account!
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
LINKS: https://finance.yahoo.com/news/fed-launches-new-payments-system-that-lets-you-send-money-in-seconds-140305052.html
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
24
views
Risks Rising for Economy | Personal Savings Drops $5.5T
Personal savings in the U.S. have plummeted by over $5.5 trillion since April 2020. Is this a sign the U.S. economy could struggle in the near future?
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
LINKS: https://finance.yahoo.com/news/5-5-trillion-savings-wipeout-204546794.html
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
20
views
I Maxed Out My 401k — Now What?
You have maxed out your 401(k) at work; now, what should you contribute to? Here are 4 ideas you should consider.
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
33
views
4 Ways to Invest in Volatile Markets
Here are 4 ways to invest when the stock market is volatile!
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
18
views
The Golden Ratio to Finances
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
LINKS: https://finance.yahoo.com/news/using-golden-ratio-finance-203347113.html
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
13
views
Investment Halftime Report for 2023
While most investors expected the first half of 2023 to underperform, the stock market rebounded nicely following a challenging 2022. What is driving the stock market recovery, and when could we see the market reach new highs? We're covering that and more on this episode of Wise Money.
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC. Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affiliated. Mike Bernard, CFP® and Joshua Gregory, CFP® offer advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
Intro: (0:00)
Segment 1: (0:11)
Break 1: (10:28)
Segment 2: (11:50)
Break 2: (22:05)
Segment 3: (23:04)
Break 3: (33:19)
Segment 4 (35:18)
Outro: (45:33)
16
views
IRS Increases Taxes on Some Inheritances
The IRS issued a new revenue ruling at the beginning of 2023 that has flown under the radar and could mean a meaningful tax increase to you or your heirs.
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
LINKS: https://www.kiplinger.com/retirement/irs-changed-rules-on-your-childrens-inheritance
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
12
views
Can You Contribute to an HSA in Retirement?
The HSA offers a considerable tax benefit unlike any other, but can you still contribute to the HSA in retirement?
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
53
views
5 Costly Retirement Mistakes to Avoid
There are 5 major financial mistakes you can make in retirement that you want to avoid.
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
22
views
Average Retirement Savings at Age 70
How much does the average 70-year-old have saved for retirement? And how do you compare in your retirement savings?
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
LINKS: https://finance.yahoo.com/news/much-savings-70-140006145.html
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
24
views
How Retirement Income Is Taxed
There are 3 different tax rates for the different types of retirement income.
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
48
views
How to Shift Your Investment Portfolio at Retirement
When saving for retirement, your investment portfolio is often growth-oriented and structured for the long term. But when you retire and start living off your savings, how should your investment strategy shift? We're helping you shift your investment portfolio from saving to spending on this episode of Wise Money.
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
LINKS: https://www.irs.gov/retirement-plans/retirement-plan-and-ira-required-minimum-distributions-faqs
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC. Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affiliated. Mike Bernard, CFP® and Joshua Gregory, CFP® offer advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
Intro: (0:00)
Segment 1: (0:11)
Break 1: (10:24)
Segment 2: (12:24)
Break 2: (22:42)
Segment 3: (23:07)
Break 3: (33:23)
Segment 4 (35:20)
Outro: (45:39)
34
views
No. 1 Way to Grow Your Wealth from Self-made Millionaire
What is the number one thing you need to do to build up your wealth? It is deceptively easy.
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
LINKS: https://www.cnbc.com/2023/07/07/self-made-millionaire-ramit-sethi-no-1-way-to-grow-your-wealth.html
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
34
views
5 Steps When Going From Employee to Contractor
Are you looking to step away from being an employee and work as an independent contractor? There is a lot to consider, but here are 5 steps to do when you make the switch.
Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show.
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Instagram - https://www.instagram.com/thewisemoneyshow/
Twitter - https://twitter.com/WiseMoneyShow
Want more Wise Money™?
Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://link.chtbl.com/WiseMoney
Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow
Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
38
views