The Wise Money Show™

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How to Pay Off Your Mortgage Near Retirement

With house prices going up, it is likely to become more common to have a mortgage in retirement. Should you avoid having a mortgage in retirement? What strategies should you consider to pay off your mortgage near or in early retirement? We are covering that and more in this episode of the Wise Money Show.

Season 7 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/o6WWFl-35tU 
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.

The Best Place to Get Your Down Payment for a House

When you are moving, it’s imperative that you act fast in today’s housing market. Often times that means you start the buying process before you start the selling process of your existing home. This reversal has many people wondering where their down payment should come from for the home they are purchasing. We’ll share the top ideas on this episode of The Wise Money Show.

Season 7 Episode 24

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/1FfICN612b4 
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.

Misunderstood Tax Laws With Selling a House

An often misunderstood tax rule is also one that is extremely important and relevant to the average person: the tax exemption for selling your house. Is the entire sale price taxable? What if you sell a house you inherited? What does a primary or principal residence actually mean? CPA Ryan Fair joins us back on the Wise Money Show to discuss these often misunderstood rules.

Season 7 Episode 7

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/0-6esLAdzAE 
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.

Can I Use My 401k To Buy a House?

Can you buy a house using your 401(k)? What about your IRA? As the housing market is surging, more people are wondering what the rules are for using their retirement money for a down payment. We're covering those rules and reviewing your options in this episode of Wise Money!

Season 6 Episode 42

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/wRFaLgZZfus 
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.

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 

How Much House Can You Afford?

How much house can you afford? Is this just a number the bank tells you or is it a financial planning decision? As housing prices surge, it’s more important than ever to ensure you have the right clarity on how much house you can afford. We're covering that and more in this episode of Wise Money!

Season 6 Episode 23

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/j9T7d4RuTv4 

Top Five Tax Tips for Your Side Job

If you've ever had a side hustle or ever thought about starting one, do you know how it will affect your taxes? It is becoming more and more common to have side income that you need to report on your tax return. Whether that is rental income from Air BNB, side income from driving Uber or Lyft, or selling items online, it is critical that you know how to handle reporting that income on your taxes. In this episode, we are talking you through the top five tax tips to help you minimize taxes for your side hustle.

Season 5 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™? Read our blog! https://www.korhorn.com/wise-money-blog 
Watch the guys in the studio: https://youtu.be/Yr_egRv2xTk 

Top Tax Planning Moves to Make Before the New Year

Season 5 Episode 11

Many people miss out on lowering their tax bill, not because of forgetting deductions, but by failing to do some simple things with their money that will improve their tax picture. We’re sharing our top tax planning strategies you need to implement this year to improve your 2019 taxes. Joining us in the studio is CPA Ryan Fair.

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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Want more Wise Money™? Read our blog! https://www.korhorn.com/wise-money-blog 
Watch the guys in the studio:
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Thank you to our sponsors: 
First State Bank - https://www.bfirst.bank/personal 
South Bank Legal - https://southbank.legal/ 
Inspired Homes - https://inspiredhomes.com/ 
Bethel University Adult & Graduate Studies - https://www.betheluniversity.edu/academics/adult-degrees 

The Four Laws of Rental Real Estate

Season 4 Episode 38

Owning rental properties can be a valuable, lucrative, and diversifying investment. But, is it for everyone? We'll share with you our experience and advice on when you should consider it and when you should avoid it.

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 https://www.korhorn.com/wise-money-online
 
Be sure to stay up to date by following us!
 
Want more Wise Money™? Read our blog! https://www.korhorn.com/wise-money-blog
 
Thank you to our sponsors: 
South Bank Legal (formerly LaDue Curran Kuehn) - https://southbank.legal/
Bethel University Adult & Graduate Studies - https://www.betheluniversity.edu/academics/adult-degrees
 
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