Are You Saving Too Much For Retirement?

  Рет қаралды 3,462

Wise Money Show

Wise Money Show

Жыл бұрын

Are you working tirelessly to build a massive nest egg for retirement? You might be saving too much! Learn how to strike the perfect balance and enjoy the best of both worlds - a comfortable present and a secure 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 www.korhorn.com/ or call 574-247-5898.
Find more information about the Wise Money Show™ at www.korhorn.com/wise-money-show
LINKS: finance.yahoo.com/news/am-sav...
Be sure to stay up to date by following us!
Facebook - / wisemoneyshow ​
Instagram - /
Twitter - / wisemoneyshow ​
Want more Wise Money™?
Read our blog! www.korhorn.com/wise-money-blog ​
Listen on Podcast: link.chtbl.com/WiseMoney ​
Subscribe on KZfaq: / 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.

Пікірлер: 10
@daveschmarder-1950
@daveschmarder-1950 Жыл бұрын
I'd rather save too much for retirement than having to fight with the dog over the last can of Alpo in retirement.
@harlowhahn7582
@harlowhahn7582 Ай бұрын
Tried to save and lost all of it when stock market crashed lost every red cent why take the chance again
@andrewroth9175
@andrewroth9175 Жыл бұрын
I’m so glad I saved too much for retirement, I was able to take advantage of the rule of 55. Now I’m able to pull money from 401k and take withdrawals up to the 12% tax bracket. Also have health insurance from ACA.
@CalmerThanYouAre1
@CalmerThanYouAre1 Жыл бұрын
What are your ACA premiums like with those 401K withdrawals? Married with kids?
@andrewroth9175
@andrewroth9175 Жыл бұрын
Yes, married with 2 kids, one in 2nd year of college, one junior in HS. Have bronze HSA plan 195 per month. Using 401k monies to purchase HSA accounts. Wife and I over 55, 9850.00 per year in HSA, tax deductible as I pull from 401k to fund. Invest HSA, hope to use HSA funds to pay Medicare premiums as we wait to take SS at 70.
@andrewroth9175
@andrewroth9175 Жыл бұрын
Yes, married with 2 kids, one in 2nd year of college, one junior in HS. Have bronze HSA plan 195 per month. Using 401k monies to purchase HSA accounts. Wife and I over 55, 9850.00 per year in HSA, tax deductible as I pull from 401k to fund. Invest HSA, hope to use HSA funds to pay Medicare premiums as we wait to take SS at 70.
@andrewroth9175
@andrewroth9175 Жыл бұрын
Yes, married with 2 kids, one in 2nd year of college, one junior in HS. Have bronze HSA plan 195 per month. Using 401k monies to purchase HSA accounts. Wife and I over 55, 9850.00 per year in HSA, tax deductible as I pull from 401k to fund. Invest HSA, hope to use HSA funds to pay Medicare premiums as we wait to take SS at 70.
@andrewroth9175
@andrewroth9175 Жыл бұрын
Yes, married with 2 kids, one in 2nd year of college, one junior in HS. Have bronze HSA plan 195 per month. Using 401k monies to purchase HSA accounts. Wife and I over 55, 9850.00 per year in HSA, tax deductible as I pull from 401k to fund. Invest HSA, hope to use HSA funds to pay Medicare premiums as we wait to take SS at 70.
@robshell5367
@robshell5367 Жыл бұрын
How to know when you are? How about, it isn't possible. Oh I have too much money, I need to do something different.
How to Avoid Paying Tax on Your Social Security
49:42
Wise Money Show
Рет қаралды 547 М.
New Financial Scam to Watch Out For
10:05
Wise Money Show
Рет қаралды 1,4 М.
Cat Corn?! 🙀 #cat #cute #catlover
00:54
Stocat
Рет қаралды 17 МЛН
Nastya and SeanDoesMagic
00:16
Nastya
Рет қаралды 22 МЛН
9 Things to STOP DOING After 55 To Enjoy Life More
12:18
Streamline Financial
Рет қаралды 511 М.
$2M Saved - Can I Retire and Live Off Interest?
9:28
Wise Money Show
Рет қаралды 33 М.
8 GOOD REASONS to File for Social Security at Age 62
20:18
Financial Fast Lane
Рет қаралды 371 М.
Harvard Professor Reveals the Worst Thing To Do with Your Money
29:32
Income in retirement - how to access your super
22:40
Australian Retirement Trust
Рет қаралды 7 М.
When Will I Get My First Social Security Check?
9:58
Wise Money Show
Рет қаралды 17 М.
60 Years Old and Nothing Saved for Retirement - Top 12 Recommendations
16:49
Financial Fast Lane
Рет қаралды 5 МЛН
Saving Too Much Money
12:31
Erin Talks Money
Рет қаралды 19 М.
Health Insurance For Early Retirement! (All You Need to Know)
19:53
Ari Taublieb, CFP®
Рет қаралды 61 М.
What should you do when you've saved $4.8 million for retirement?
29:10
Best Path Advisors
Рет қаралды 3,7 М.
Cat Corn?! 🙀 #cat #cute #catlover
00:54
Stocat
Рет қаралды 17 МЛН