The Wise Money Show™

The Wise Money Show™ header image 1

Planning Strategies for the SECURE Act 10-Year Rule

The SECURE Act introduced the 10-Year Rule for withdrawing inherited retirement accounts and it is going to represent a significant tax increase for your beneficiaries on your hard-earned savings. What are some creative financial planning strategies to manage the 10-Year Rule? We are covering that and more in this episode of the Wise Money Show!

Season 6 Episode 34

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 
Be sure to stay up to date by following us! 
Want more Wise Money™? 
Watch the guys in the studio: https://youtu.be/DbpaXzVKyEQ 

Time to Prepare for Higher Taxes

The Biden Administration has been floating ideas about how they plan to increase taxes to help cover more spending in the future. What are the ways you can prepare for higher tax rates in the future? We’re hitting that and more in this episode of Wise Money!

Season 6 Episode 33

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 
Be sure to stay up to date by following us! 
Want more Wise Money™? 
Watch the guys in the studio: https://youtu.be/YBtmhOr1Ojw 

How to Talk to Your Kids About Money

What’s the right age to begin talking to your kids about money? Do you wait until they get a job, or when they are in high school or college? How do you do so effectively so that they avoid the common financial mistakes that young adults make? We’re hitting that and more in this episode of Wise Money!

Season 6 Episode 32

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 
Be sure to stay up to date by following us! 
Want more Wise Money™? 
Watch the guys in the studio: https://youtu.be/Rpi_p8YH7oc 

Discussing Finances with Your Family - The 70/40 Rule

At what point should you begin discussing finances with your family? You don't want to wait until it's too late, but some family members may not be ready. Follow the 70/40 Rule as a benchmark for when to start discussing this sensitive topic. We’re hitting that and more in this episode of the Wise Money Show!

Season 6 Episode 31

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 
 
Be sure to stay up to date by following us! 
 
Want more Wise Money™? 

How the New Stimulus Plan Affects Your 2020 Taxes

The latest stimulus plan brought on significant tax changes, some of which even impact your return for 2020. Changes include the extension of the tax filing deadline to May 17, 2021, taxation on unemployment benefits, additional stimulus payments, and changes to the child tax credits. We’re sharing details with you in this episode of Wise Money.

Season 6 Episode 30

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 
 
Be sure to stay up to date by following us! 
 
Want more Wise Money™? 
Watch the guys in the studio: https://youtu.be/7GJGJiG78FY 

Early Withdrawals From Retirement Accounts Through CARES Act

The CARES Act gave people unprecedented access to their retirement accounts during the pandemic. A Kiplingers poll showed an alarming statistic, that nearly 25% of Americans withdrew or borrowed from their retirement to cover basic living expenses during the pandemic. Is there an unintended consequence to withdrawing funds early? We’re hitting that and more in this episode of Wise Money!

Season 6 Episode 29

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 
Be sure to stay up to date by following us! 
Want more Wise Money™? 
Watch the guys in the studio: https://youtu.be/y8FI8uQ9pP8 

Is My Home Office Tax Deductible? Biggest Tax Questions Part 2

Part 2 of the biggest tax questions from the pandemic, joined once again by CPA Ryan Fair. During the pandemic, many employees shifted to working from home - can you get a write-off on your taxes for it? What about all those home DIY projects you completed? Those questions and more on this episode of Wise Money!

Season 6 Episode 28

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 
Be sure to stay up to date by following us! 
Want more Wise Money™? 
Watch the guys in the studio: https://youtu.be/xW9FH5Lzsz8 

The Most Important Variable When Retiring

There are 5 factors, or 5 major variables, that influence your ability to retire with confidence. They are all interrelated, but is there one area of the five that is most important? We’re hitting that and more in this episode of Wise Money!

Season 6 Episode 27

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 
Be sure to stay up to date by following us! 
Want more Wise Money™? 
Watch the guys in the studio: https://youtu.be/NJsa1CSaCEg 

Making Sense of the Most Important Short Squeeze Ever

The WallStreetBets and GameStop (GME) short squeeze will go down in stock market history, but it is as confusing as it was entertaining. We’ll explain what led up to it, what happened, and the possible long-term implications it will make on the stock market in this episode of Wise Money!

Season 6 Episode 26

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 
Be sure to stay up to date by following us! 
Want more Wise Money™? 
Watch the guys in the studio: https://youtu.be/YsEGkM6Hfy4 

The Biggest Tax Questions from 2020

Another tax season is upon us and it comes with several big changes. The biggest tax questions from the 2020 pandemic: When can you file? Will you have to pay tax on your unemployment? What can I deduct for home office expenses? We’re hitting that and more in this episode of Wise Money!

Season 6 Episode 25

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 
Be sure to stay up to date by following us! 
Want more Wise Money™? 
Watch the guys in the studio: https://youtu.be/mSX7V6uejA8 
Podbean App

Play this podcast on Podbean App