What’s your number? Marketing agencies for various financial institutions have touted how important it is that you know how much money you need to have saved up by the time you retire. In this week’s episode of Wise Money With Korhorn Financial Group, Mike, Josh and Kevin discuss first whether identifying “your number” is the right pursuit, and second how you would do so.
The Roth IRA is one of the most important and versatile financial tools available today, yet it can often be misunderstood. In this episode of Wise Money with Korhorn Financial Group, Mike, Josh and Kevin clarify the attributes and planning techniques available with the Roth IRA and discuss why everyone should strongly consider having this tool as a component of their financial life.
Late in 2015 the government announced some significant changes to how parents of college students apply for financial aid using the FAFSA. These changes will impact how all current students and future students complete their FAFSA, yet there is very little communication being made about these important changes. On this episode of Wise Money with Korhorn Financial Group, Kevin, Mike and Josh welcome back special guest Andrea Helmuth from Bethel College to help explain the changes occurring with FAFSA so that you are prepared to handle what will catch many people by surprise.
Mortgage rates have slowly increased over the past 4 years since hitting record lows in 2012 and early 2013. However, catching everyone by surprise is a sudden drop in mortgage rates in 2016, and they are currently down near those record lows once again. How should you take advantage of these low rates? Join the conversation in this episode with Kevin, Mike and Josh as they discuss whether you should consider refinancing your mortgage, and what factors you need to take into account when making that decision.
Studies have shown that having written goals makes you much more likely to achieve them. Do you have written financial goals that you are pursuing? In this week’s episode, Kevin, Mike and Josh tackle that subject and show you what financial goals you should be setting and help you take your first wise step towards achieving them.