COVID-19 and Your Money Daily Update | March 25, 2020
Has the stock market bottomed and we are starting to go north from here? Mike gives you a few perspectives to consider in today's daily update! The latest update on how the COVID-19 pandemic is impacting the stock market and your money.
Coming to you straight from Mike's office, we will continue to keep you updated as the stock market reacts to the spread of the coronavirus.
Have a question for the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit www.korhorn.com or call 574-247-5898.
Find more information about the Wise Money Show™ at www.wisemoneyshow.com
Despite a strong labor market and stock market, data showed that a record number of people took early hardship withdrawals from their 401(k) in 2023. In this episode of Wise Money, we're discussing why this trend is increasing and what other options are available for you to avoid taking an early withdrawal.
Season 9 Episode 35
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.
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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.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization’s initial and ongoing certification requirements to use the certification marks.
Intro: (0:00)
Segment 1: (0:11)
Break 1: (10:28)
Segment 2: (13:04)
Break 2: (23:22)
Segment 3: (25:53)
Break 3: (36:09)
Segment 4 (36:48)
Outro: (47:03)
...
https://www.youtube.com/watch?v=xjF9_0Dtljs
No one likes paying taxes, but paying taxes in retirement can eat into your available income and leave you with less to live on. While taxes don't stop once you're retired, there are ways you can avoid having to pay taxes in retirement. We're covering the strategies you'd implement to achieve this on today's 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: (10:27)
Segment 2: (13:33)
Break 2: (23:52)
Segment 3: (25:50)
Break 3: (36:02)
Segment 4 (37:18)
Outro: (47:34)
...
https://www.youtube.com/watch?v=r497rBwcUc8
Season 3 Episode 44
Estate Planning can be a difficult component of your financial life, not only because it is emotional, but also due to it’s complexity. In this episode, Mike Bernard and Josh Gregory welcome back attorney Mark Criniti to discuss what the essential elements of a good estate plan are and why you need them.
Have a question for the show? Call or text 574-222-2000 or leave a comment!
Find more information about the Wise Money Show™ at www.WiseMoneyRadio.com
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...
https://www.youtube.com/watch?v=_-VZfQfAidg
Here are the 5 decisions everyone must make with their 401(k)!
Have a question for 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/wisemoneyshow/
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.
...
https://www.youtube.com/watch?v=vcc0JM1MY9w
Multiple banks have failed and collapsed seemingly within hours. Why did this happen, and what are 3 lessons you can learn from this to protect your deposits?
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.fdic.gov/resources/deposit-insurance/brochures/deposits-at-a-glance/
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
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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.
...
https://www.youtube.com/watch?v=QoTGjrQX-2k
You're 60 years old and have $1.2 million in your IRA. Should you convert it to avoid RMDs?
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/im-60-1-2-million-121000504.html
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
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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.
...
https://www.youtube.com/watch?v=3JCZROfu98k
Here are 3 financial goals you should consider for 2023.
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/wisemoneyshow/
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.
...
https://www.youtube.com/watch?v=sYvTDY1-GwQ
You have been budgeting wrong your whole life and it is probably my fault. The answer to your budgeting issues is a goal-focused budget.
Be sure to stay up to date by following us!
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Want more Wise Money™? Read our blog! https://www.korhorn.com/wise-money-blog
Listen on Podcast: https://planman.podbean.com/
Now on Spotify - Search Wise Money Show
Have a question you want us to answer? Call or text 574-222-2000 or leave a comment!
Find more information about the Wise Money Show™ at www.WiseMoneyRadio.com
...
https://www.youtube.com/watch?v=rf2JTxgRa4c
Should you fund a Simple IRA through work? Many small businesses utilize a Simple IRA, but that may not always be the best retirement account to fund your financial life. Mike is helping you decide if you should fund your Simple IRA or a different retirement account.
Have a question for the show? Call or text 574-222-2000 or leave a comment!
Want to speak with a Certified Financial Planner™? Visit www.korhorn.com, call 574-247-5898, or email info@korhorn.com.
Find more information about the Wise Money Show™ at www.wisemoneyshow.com
Be sure to stay up to date by following us!
Facebook - https://www.facebook.com/WiseMoneyShow
Twitter - https://twitter.com/WiseMoneyShow
Instagram - https://www.instagram.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
Now on Spotify and Pandora - Search Wise Money Show
...
https://www.youtube.com/watch?v=jOxS6t2FpBI