The Retirement Solution

College football is just around the corner and tailgating season will soon be in full swing. But before you head to the game, make sure you’re aware of “junk fees.”

Many restaurants and bars are now adding hidden fees to their bills which can add up over time.

 

In this eye-opening episode of The Retirement Solution, discover the shocking parallels between hidden fees in restaurants and your retirement savings. Financial advisor, Jon Hicks uncovers some surprising truths behind hidden fees that may be eating away at your retirement savings while revealing the detrimental impact that “seemingly small” fees can have on your 401(k).

 

Jon sheds light on the importance of fee transparency and how acting now can save you thousands in the long run. Don't let your hard-earned money slip away unnoticed.

At J Hagan Capital , Jon and his team can help empower you with knowledge to take control of your financial future.

 

CLICK HERE to attend one of our upcoming workshops on Estate Planning.

 

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On this episode of The Retirement Solution, financial advisor and retirement planner Jon Hicks discusses common misconceptions surrounding 401(k)s, while sharing his insight on ways to better prepare for your financial future by demystifying the complexities of 401(k)s.

 

Learn why simply maxing out your 401(k) might not be the best strategy and explore alternative options to help secure your retirement savings. From understanding employer matches to making informed decisions about tax-deferred and tax-free investment vehicles, Jon shares actionable advice to help you make the most of your retirement journey.

 

At J Hagan Capital , Jon and his team can help you gain a deeper understanding of your retirement investments to help ensure a more secure financial future.

 

CLICK HERE to attend one of our upcoming workshops on Social Security & Taxes and Estate Planning.

 

#common401kmistakes #401(k) #employer401kmatches #alternativeinvestments #retirementplanning #fiduciaryadvisor #financialstrategy #retirement #financialplanner #financialliteracy #wealth #fyp #podcast #Kentucky #Louisville #401(k) #retirementassets #retirementmistakes

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A Seinfeld scene, from over 30 years ago, still gets a lot of online views because it still resonates with the many Americans who’ve had to manage a debacled reservation.

On this episode of The Retirement Solution, financial advisor Jon Hicks uses his own similar experience to point out the mistake that so many make by heading into retirement with only assumptions about their financial plans, especially when it comes to their 401(k)s.

Jon breaks down the complexities of retirement planning into actionable steps that empower you to make more informed decisions for a financially fit future.

At J Hagan Capital , Jon and his team can help you discover the hidden pitfalls of 401(k) investments and how they impact your retirement, gain an understanding of the often-overlooked fees that could be draining your savings, and explore the potential benefits of rolling your 401(k) into a self-directed IRA.

#retirement #financialplanner #financialliteracy #wealth #fyp #podcast #Kentucky #Louisville #401(k) #retirementassets #retirementmistakes

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On this episode of The Retirement Solution, we hear a clip from Jon’s recent conversation with country music star Gary LeVox, the common bond they share being “Girl Dads,” and a funny exchange about the financial lessons they hope to pass on to their daughters.

 

This translates into a conversation around the long-term care planning you can do now to prevent being a financial burden on your spouse, children, and family.

 

At J Hagan Capital , Jon and his team can help you discover options that may fit into your overall retirement plan to alleviate the mental and financial burdens of long term care and help you avoid a nursing home taking your lifetime of savings.

#GaryLevox #CountryMusic #longtermcare #retirement #financialplanner #financialliteracy #wealth #fyp #podcast #Kentucky #Louisville #lifeinsurance

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Financial advisor Jon Hicks recently took a trip to Nashville and had the opportunity to sit down with award-winning singer/songwriter Gary LeVox of Rascal Flatts fame. They discuss Gary's solo career, being a girl dad, and so much more!

Connect with Jon Hicks and his team at J Hagan Capital today!

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Even the Federal Reserve has acknowledged Taylor Swift’s impact on the economy. Her “Eras Tour” is not only selling out, but there are estimates it could generate $4.6 billion in U.S. consumer spending when factoring in things like travel, hotels, tickets, merchandise, etc. That is larger than the Gross Domestic Product of 35 countries!

 

Only 33, Taylor Swift is showing no signs of slowing down, and she’s not alone. The reasons for most who plan to continue working, however, are unfortunately different from Swift’s… Many Americans plan to work longer because they don’t think they’re financially ready for retirement.

 

On this episode of The Retirement Solution, financial advisor Jon Hicks shares the 4 worries he commonly sees his clients battle and how he and his team help to alleviate those concerns.

 

Figuring out the money is usually not what complicates a retirement plan…It’s figuring out what you want to achieve in retirement that often trips people up.

 

At J Hagan Capital they can help you uncomplicate the process by creating a streamlined plan to help you achieve your goals.

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On this episode of The Retirement Solution, we hear how Arnold Schwarzenegger keeps up with childhood friends in Austria, and how those conversations have changed now that they’re all in their 70’s. This spawns a discussion about how investing strategies for people aged 55 and older may not be changing enough.

 

The Wall Street Journal reports that many investors age 55 and up are putting most of their nest egg into the stock market, which could backfire if there’s a major tumble…

The reasons for the stock-heavy portfolios are the need to “catch up” and the feeling that there are no other options.

 

Financial advisor and retirement planner Jon Hicks wants you to know that there are other options, including ones that have just recently become available due to high interest rates.

 

Connect with Jon Hicks and his team at J Hagan Capital to learn more about today’s investment opportunities and what could work within your plan.

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The S&P is up 20% from its October low, so technically we are in a new bull market.

But one Bank of America strategist disagrees saying tech stocks (specifically those in artificial intelligence) are holding the market up and that this feels more like a combo of 2000 and 2008 – a big rally before a big collapse. 

 

On this episode of The Retirement Solution, Financial Advisor Jon Hicks talks about investment options you may have while working to make sense out of all the mixed market signals and opinions you’re hearing.

 

Connect with Jon Hicks and his team at J Hagan Capital to learn more about today’s investment opportunities and what could work within your plan.

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Did you get a tax refund this year or did you owe? Many people believe that if you get a refund, you did it right, and if you pay, you did it wrong.

 

On this episode of The Retirement Solution, Financial Advisor Jon Hicks explains why this may be the wrong way to think about it.

 

Getting a refund is not necessarily an indication that you did everything right as you may have overpaid on your taxes throughout the year. On the other hand, if you end up owing money when you file your return, it doesn't necessarily mean you did anything wrong either. It simply means that you didn't pay enough taxes throughout the year to cover your liability.

 

The dynamic with taxes in retirement can be different as well.  Depending on your retirement income sources and tax planning strategies, you may end up owing taxes or receiving a refund.

 

Jon highlights 3 options you may have to increase your tax efficiency and how he works to educate his clients on the benefits of a “long game” tax plan, particularly for their retirement savings and legacy plan.

 

Do you have a plan for not just today’s tax rate, but the taxes over the course of your retirement and within your wealth transfer plan? Jon Hicks and his team at J Hagan Capital can help you find options that you may have for greater tax efficiency.

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The Federal Reserve says it’s pausing on interest rate hikes for now, but it’s also not ruling out another increase if inflation remains stubborn causing differing opinions among economists to continue. Paul McCully says he’s not expecting a recession, while others remain unsure…

 

On a micro level, financial advisor Jon Hicks wants you to know about investment opportunities that you have, right now, thanks to the higher interest rates.

 

Plus, Jon points out economic similarities he’s noticing between the current climate and the climate that was leading up to the dot com crash of 2000.

 

Are you taking full advantage of available investment and income opportunities??

 

Jon and his team at J Hagan Capital can show what those might be while creating a retirement plan customized to your goals for the years ahead.

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