Horizon Advisers Unleashed Podcast

Andrew and Ryan discuss whether you should help your kids financially or not. When does the payroll stop? Is it a good decision for both your own retirement goals and the success of the child? We discuss specific points on how it can work both positively and negatively.

https://www.kiplinger.com/personal-finance/should-you-help-out-your-adult-kids-financially

Veteran's Day Special! Ryan and Andrew interview Alex about his time serving in the Air Force. They dive into how he made the decision to serve and what the process was like from start to finish.

 Ryan, Alex, and Andrew discuss the importance of protecting your personal information. We live in a very connected world now, and our personal information can be all over the place.  They also discuss ways to help identify and protect against making mistakes online. You must take some time regularly to make sure you have covered your bases. Even though there really is no exclusive way to do this, you can take steps to put yourself in the best position. 

Ryan and Andrew discuss employee benefits and different types of plans. Employee education can lead to a better benefit experience. They discuss some contribution limits of these plans and which ones might be better based on size of company. 

Ryan and Alex discuss what Life Insurance Awareness Month is and the importance of life insurance. Many people have a hard time knowing how much insurance to have and what type. We think having the proper amount of life insurance for your situation is the most important thing. Most people buy life insurance to protect their family in case something happens. It is important to put some thought into these decisions. 

Ryan, Alex and Andrew have a conversation about the year ending. It was a great summer, but now we are entering the last three months of the year. This is a good time to pause and look at your goals for the year. Have you accomplished the things you set forth to do in January? Are you on track for your savings goals?  You have 3 more months to make an impact and get things done!

Ryan and Andrew talk about being on the same page. Whether it is with your spouse, significant other, business partner, or kids. It is important to have open communication about money and to be on the same page. If not, one may feel betrayed, restricted, or unhappy. Everyone has different personality types and ideologies. Having open discussions about goals and money can bring people closer together and work towards agreed upon goals.

Ryan and Andrew discuss the topic of liquidity. What is the importance of having a cash position? What is the right amount of cash to have? Cash can give people a sense of comfort or discomfort, depending on your situation. We go into a deep dive about setting a purpose behind this asset and how to manage proper levels.

Ryan, Alex, and Andrew discuss what you should think about if you have recently been laid off. It is a very emotional time and lots of decisions must be made in a small window of time. It is common to panic, but it is important to slow down and make the right decisions. Listen in to get a list of things you may need to consider.

Ryan and Alex discuss the Inflation Reduction Act, a new spending bill that has recently passed. Their conversation involves the $80 billion that is earmarked for the IRS and what that means to you.