Financial Experts Give You Bad Advice
Submitted by Korhorn Financial Group, Inc. on March 17th, 2020Our society is set up to deliver bad financial advice. Here’s how you avoid it.
Our society is set up to deliver bad financial advice. Here’s how you avoid it.
Every single year when you get your taxes done, you have to ask yourself these three questions.
The SECURE Act will change your financial plan and some of the financial decisions you make. I’ll tell you how coming up.
By Bill Mock, CFP®, CRPC®
Did you know that claiming Social Security is one of the biggest financial decisions you’ll ever make? Few people do, which may be why so many Americans claim as soon as they are eligible (typically at age 62). Whether your decision is based on “facts” overheard from friends, neighbors, and co-workers; emotions; or FOMO (the fear of missing out!), claiming at 62 can be a costly mistake that significantly decreases your monthly income for the rest of your life.
By Ben deBock, CFP®
When I sat down with Mindy and Jim two years ago, they were in pretty good shape financially. With two children and a third on the way, they were diligent savers and had built a solid cushion to cover unexpected expenses. The challenge? They had no idea if they were actually saving enough, and they had no real vision of what they were saving for.
By Lance Ludwig, CFP®
If you’re anything like most Americans, owning a home is one of your top financial priorities. In a recent survey by Chase, 87% of respondents said that buying a house is something they have always wanted. It’s a worthy goal. Not only can owning a house help to build your personal wealth, but a house is also likely to become your ‘home sweet home’ for many years to come. This makes deciding when to buy—and what to buy—among the most important financial decisions you’ll make in your lifetime.
By Ryan Fair, CPA, CFP®
The end of summer has officially arrived. And while no one wants to say goodbye to long days and relaxing getaways, the time has arrived to get back to school, back to work and, at least in my case, back to some serious tax planning.
By Mike Bernard, CFP®
On Monday, the Dow, the S&P 500, and the Nasdaq Composite all closed at new record highs. It’s great news for anyone with money in stocks. But as the markets continue to reach for the sky, many investors are wondering what to do next.
By Matt Hoke, CFP®, ChFC
We recently celebrated sweet-sixteen birthdays for our twin “babies” (what happened to my tiny toddlers?!), so I suppose it’s no surprise that I have college planning on my mind.