The Wise Money Show™

Traditional Qualified Retirement Pension (QRP) plans are quickly becoming extinct as companies shift to less-risky 401(k) plans. In this episode of The Wise Money Show, Kevin Korhorn, Mike Bernard, and Josh Gregory discuss what you can do to help protect your retirement savings if (and when!) your employer freezes or terminates your pension plan.

401(k) auto-enrollment is designed to boost retirement savings, but it doesn’t guarantee success. On this episode of Wise Money with Korhorn Financial Group, join Mike Bernard, Josh Gregory, and Kevin Korhorn as we share the new research surrounding 401(k) auto-enrollment and how can impact your future.

Does the GOP’s Tax Plan have you worrying about this year’s tax bill? Join Kevin Korhorn and Mike Bernard with special guest Ryan Fair for a special Wise Money episode covering top tax strategies that can help you prepare for change and capture tax savings opportunities—in 2017 and beyond.

You have lots of money questions and you know financial planners have answers. But when is the right time to start working with a planner? Mike Bernard, Josh Gregory, and Kevin Korhorn talk about how, when, and why to kick off a financial planning relationship in this episode of Wise Money with Korhorn Financial Group.

Special needs require special planning. On this episode of Wise Money, Mike Bernard and Josh Gregory welcome guest Steve Gundy. An ADDCA Associate Certified Coach (AACC) with more than 20 years of clinical experience in behavioral health working in psychiatric hospitals, therapeutic foster care, and Medicaid Waiver, Steve will share his insights into the unique financial strategies and techniques that can help parents of special needs children plan for a more secure financial future.

Corporate stock options sound great, but unless they’re used wisely, they don’t always work in your favor. In this week's edition of Wise Money with Korhorn Financial Group, Kevin Korhorn, Mike Bernard, and Josh Gregory discuss when it's wise to own employer stock, when it doesn't, and some smart planning techniques to be sure this popular benefit really delivers perks over the long term.

We’re all trying to make wise financial decisions that will help us reach our financial goals and build and grow wealth. In that pursuit, are there secrets that self-made millionaires have harnessed to help them get there that you could use to help you? In this episode of Wise Money, Mike Bernard and Kevin Korhorn review the 7 habits that researchers found in common among the majority of self-made millionaires.

Did you know that when you turn 65, you will face the biggest health insurance decision of your lifetime? We're talking about that scary monster: Medicare. The system's complex menu of Parts and Plans make it a tricky challenge to figure out which options are best for you. Join Mike and Kevin as they welcome back special guest Ted Foster, our health insurance and Medicare expert, as they discuss each option and how to know which ones are truly best for you.

Many individuals are not satisfied with the conventional view of retirement, but would rather stay active and stay contributing as part of the vision for retirement. This week on Wise Money with Korhorn Financial Group, Kevin Korhorn, Mike Bernard, and Josh Gregory welcome back special guest, Jeff Bernier, CFP from Tandom Growth Financial Advisors in Alpharetta, Georgia to discuss a growing trend in how you might want to view your retirement.

It is no doubt that one of the major headlines of 2017 has been the awful hurricane season. With some many hurricanes and with so much damage, are there any changes you need to make to your home and auto insurance? Also, are your rates more likely to go up due to all of the claims that the insurance companies are receiving? Mike Bernard and Josh Gregory welcome one of KFG’s insurance advisors, Alysia Boehner, to answer these questions and more in this episode of Wise Money with Korhorn Financial Group.

The FAFSA application for the 2018-19 school year opens on October 1st, are you ready to fill out this crucial college planning document? This week on Wise Money with Korhorn Financial Group, Kevin Korhorn, Mike Bernard, and Josh Gregory will help you navigate this important task by discussing planning techniques and mistakes to avoid.

You just found out you’re having a baby...what do you need to do in your financial life and in what order? Kids change everything, and that certainly is true in your financial life. This week on Wise Money with Korhorn Financial Group, Kevin Korhorn, Mike Bernard, and Josh Gregory discuss what you need to start doing, what to keep doing, and what to stop doing in your finances when you’re expecting a child.

What strategy do you use to manage your investments? Is it based on evidence and research, or is it more based on emotion or the hot trend of the moment? This week on Wise Money with Korhorn Financial Group, Kevin Korhorn, Mike Bernard, and Josh Gregory welcome special guest, Jeff Bernier, CFP from Tandom Growth Financial Advisors in Alpharetta, Georgia to discuss different approaches to managing investments.

It’s that time of year again: time to select what employee benefits you want to use from your employer for 2018. Many people aren’t sure exactly which benefits they should select and end up selecting some that they don’t need, or worse, not getting some that they do. This week on Wise Money with Korhorn Financial Group, Kevin Korhorn, Mike Bernard, and Josh Gregory discuss whether you should buy Life Insurance through work, as well as what other benefits you should select and which ones to avoid this week on Wise Money.

There are footballs in the air, and your college student is back on campus. Did you check off everything that needed done financially when you sent your child back to school? This week on Wise Money with Korhorn Financial Group, Kevin Korhorn and Mike Bernard discuss the often overlooked financial to-do list for all of you who have kids in college.

Do you do your banking online or on your phone? How safe is it, and what new features and technologies are coming to how you bank? This week on Wise Money with Korhorn Financial Group, Kevin Korhorn, Mike Bernard, and Josh Gregory welcome special guest, Darla Kauffman from First State Bank to help us all understand the latest trends in banking technology and security.

Do you want to become rich? Whether to achieve financial freedom or to accumulate some amazing life experiences, many people are searching for what they must do to build wealth. This week on Wise Money with Korhorn Financial Group, Kevin Korhorn, Mike Bernard, and Josh Gregory share 10 simple pieces of advice for you to implement to become rich.

What’s the best way to find a trustworthy Financial Planner? If you don’t ask the right questions on the front end, you might select the wrong one and be frustrated or worse in the long run. This week on Wise Money with Korhorn Financial Group, Kevin Korhorn, Mike Bernard, and Josh Gregory discuss the best approach to finding a Financial Planner and what questions you should ask to make sure you’ve found the right one.

How do you know if your investment performance is as good as it should be? What do you compare it to in order to determine whether you’re doing well or need to make some changes? Should you aim to outperform the stock market, or is there a better comparison? These questions haunt investors and lead many people to select poor investments despite intentions of doing otherwise. Join Certified Financial Planners® Kevin Korhorn, Mike Bernard, and Josh Gregory as they help you know what you should be comparing your investments to and how to avoid dangerous temptations in this area.

Wise Money with Korhorn Financial Group has reached an exciting milestone! In this 100th episode, Certified Financial Planners® Mike Bernard, Kevin Korhorn, and Josh Gregory recap highlights from the first 100 shows, share some exciting announcements coming to the Wise Money show, and answer your financial questions.

The first six months of 2017 have been rewarding to investors in the US and International stock markets. What’s been driving the performance, is it likely to continue, and what adjustments should you make at the midway point of the year? Certified Financial Planners® Mike Bernard and Josh Gregory discuss each of these questions and more in a 2017 stock market halftime report this week on Wise Money with Korhorn Financial Group.

Many people have the goal of retiring early, yet few are aware of the obstacles that must be overcome to achieve this feat. This week on Wise Money with Korhorn Financial Group, financial planners Mike Bernard and Kevin Korhorn discuss the challenges to retiring early and how you can overcome them.

The Roth IRA gets brought up a lot on Wise Money with Korhorn Financial Group, but how do you know when to use it over a tax deductible contribution? Mike Bernard, Kevin Korhorn, and Josh Gregory address this fundamental financial planning question in this week’s episode of Wise Money with Korhorn Financial Group.

This week, people across our nation celebrate Independence Day and the freedom won for America over 240 years ago. Are you financially independent? What will it take for you to become free financially? In this episode of Wise Money with Korhorn Financial Group, Financial Planners Mike Bernard, Kevin Korhorn, and Josh Gregory explain how you can become financially independent and what first steps you need to take in order to have a revolution in your finances.

Every week, Mike, Josh, and Kevin talk about taking “wise” financial steps, but what does that actually mean, and how can you become wise financially? Mike Bernard, Kevin Korhorn, and Josh Gregory tackle that and your questions in this week’s episode of Wise Money with Korhorn Financial Group.

Knowing what’s covered and what isn’t is one of the biggest challenges with your home and auto insurance. This week on Wise Money with Korhorn Financial Group, Mike and Josh invite Insurance Advisor, Alysia Boehner to the program to share real stories of what’s covered and what isn’t to ensure you have the projection you need.

Earlier this year a financial website posted a basic tax survey and unfortunately revealed that the average American doesn’t understand taxes as well as they thought. How would you score if you were taking that quiz? In this week’s episode of Wise Money with Korhorn Financial Group, Mike, Kevin, and Josh pull this survey apart to ensure you get a passing grade when it comes to your taxes.

How much time each year do you spend planning family vacations and trips? How much time each year do you spend planning your retirement? Studies have shown that one of these areas gets far more attention than the other. Mike Bernard and Josh Gregory tackle this topic, presenting the facts and sharing their recommendations to help you get the right balance on this episode of Wise Money.

Have you ever wondered if you’re on track to retire? Studies have shown that the average individual is not on track to retire at the time that they want and in the lifestyle in which they are accustomed. In this episode of Wise Money, Mike Bernard, Kevin Korhorn, and Josh Gregory help you determine how you know if you’re on track to retire, and what you need to do in order to make sure you’re on track.

The Medicaid system can provide very meaningful financial benefits to those in need, however, the rules are complicated and can change frequently. In this episode of Wise Money with Korhorn Financial Group, Josh Gregory and Mike Bernard welcome special guest, elder law attorney, Michael Murphy to discuss everything you ever wanted to know about Medicaid Planning.

One of life’s biggest financial questions is whether or not you should have a Trust. This can be an expensive decision, but when used in the right circumstances it can end up saving you significant dollars in the future. In this episode of Wise Money with Korhorn Financial Group, Kevin Korhorn and Mike Bernard discuss the pros and cons of having a trust, as well as help you know when you need one and when you don’t.

Did your tax return come out as planned, or were you hoping for a better result? Tax Planning is all about getting proactive with your tax situation so that you can put yourself in the best tax position possible. In this episode of Wise Money with Korhorn Financial Group, Kevin, Mike, and Josh discuss tax season successes, what you need to do now to start planning for next year, and answer your tax questions.

Inevitably, many of your financial goals rely upon the risk and reward of various investment vehicles in order to be achieved. With the first quarter of the investment world behind us, Kevin, Mike, and Josh discuss the results of the first quarter and what your expectations should be as we move throughout 2017.

The capstone to all great financial plans is a great estate plan. What happens to your assets if something happens to you? Will your wishes and intentions be carried out? In this week’s episode of Wise Money with Korhorn Financial Group, Mike and Josh take on the emotional topic of Estate Planning.

Planning for college can be a confusing and complicated process. It’s similar to Retirement planning in that it takes a lot of sacrifice and a long time to accomplish, however, it has very meaningful differences as well. In this week’s episode of Wise Money with Korhorn Financial Group, Mike and Josh take on this challenging topic of planning for college to help you do it successfully.

Retirement is the average person’s biggest financial goal, yet often is the most confusing one to accomplish. It takes decades of preparation to get ready for, and it is intended to last several decades. For those reasons and more, having the right financial plan that gives you clarity and confidence toward this goal is crucial. This week, Kevin, Mike, and Josh discuss how to know if you’re on track for this goal.

By far the most popular area of financial planning, and the one that gets the most attention, is Investment Planning. Despite the attention it receives, what is the right approach to investing your nest egg? Mike and Josh welcome back special guest Bill Mock to break down this important topic.

Every financial decision you make influences your taxes. That is one of the reasons Tax Planning is such an integral component of a strong financial plan. In this episode, Mike, Josh, and special guest Bill Mock discuss their favorite tax planning strategies and help you begin the process of tax planning in your life.

There are six areas to your financial life and the second area, Protection Planning, is where you assess the financial risks on your shoulders and proactively decide how you want to manage them. Join Kevin, Josh, and Mike as they explore the most common types of financial risks people are exposed to and ways that you could consider managing them in your financial life.

The foundation to a solid financial life is having good habits within your Present Financial Position. Join Kevin, Josh, and Mike in the 2nd episode of their new series on Comprehensive Financial Planning where they discuss the importance of your Present Financial Position.

Financial professionals have a variety of specialties and approaches to how they help individuals. So when Financial Planning is mentioned or when someone refers to themselves as a Financial Planner, what does that mean? Join the team from Wise Money as they launch a new series on what Financial Planning is, what it isn’t, and why it’s important.

Housing season is officially underway, and with interest rates still low and the benefit of warmer temperatures, many people are looking to make big home decisions this spring and summer. That said, what should we all expect with the housing market this year, and is it a good time to buy or sell? Financial Planners Mike Bernard and Josh Gregory welcome special guest Diane Bennett, realtor with Inspired Homes at Remax 100, for this week’s episode of Wise Money with Korhorn Financial Group.

A new study has revealed that half of all American’s have missed out on the stock market rally that started after the election 3 months ago. If that’s you, what should you do now? If you did participate in the stock market’s recent surge, but now are concerned the market is too high, what should you do? Financial Planners Mike Bernard and Josh Gregory break down what you should do from here with your investments on this week’s episode of Wise Money with Korhorn Financial Group.

Although it is not always an accurate gauge of financial success, reaching the milestone of being a millionaire is something American’s have strived towards for decades. Along the path, and despite good intentions, many have been tripped up by specific behaviors that ultimately have caused them to be unsuccessful. In today’s episode of Wise Money, Mike, Josh, and Kevin discuss these devastating habits that cause folks to stumble in their pursuit of financial success in order to help you avoid falling for similar traps.

How have the tax laws changed this year and are you prepared for them this tax season? Mike and Josh welcome back special guest Ryan Fair, CPA, in this episode of Wise Money to discuss further how to win this tax season, and specifically covering what’s changed and how it could impact you.

How do you define a successful tax season? Many of us would say getting the biggest refund. We would shift that and instead suggest your goal should be paying the least amount of tax…over your lifetime. We begin the discussion of what that means and how to do it when special guest Ryan Fair, CPA, joins Josh and Mike in this episode of Wise Money.

One of the most common financial questions is whether you should buy or lease your vehicles. It’s a controversial question, but one that nearly everyone must answer in their own financial life. In spite of, or maybe because of, the strong views on both sides of this financial debate, Kevin, Mike, and Josh are tackling this important question, and many more, in this episode of Wise Money.

One of the most common financial questions is whether you should buy or lease your vehicles. It’s a controversial question, but one that nearly everyone must answer in their own financial life. In spite of, or maybe because of, the strong views on both sides of this financial debate, Kevin, Mike, and Josh are tackling this important question, and many more, in this episode of Wise Money.

Did your investment returns meet your expectations in 2016? What are your expectations in 2017? When it comes to investing, your expectations are critically important to making wise decisions and knowing when you should act and when doing nothing is the right move. Join this important episode of Wise Money as Mike, Josh and Kevin discuss how the markets behaved in 2016 and why, and what to expect in 2017.

So much of financial success begins with setting the right goals. In fact, that applies to far more than just finances. As 2016 comes to a close and we welcome in 2017, Mike, Josh and Kevin welcome special guest Brian Bosley to shed some light on the goal setting and goal achievement process and how you can set the right financial goals for the year ahead.