The Wise Money Show
Tune in to 95.3 MNC every Saturday morning at 9:00 am for "The Wise Money Show with Korhorn Financial Group"
Listen to local financial advisors Kevin Korhorn, Josh Gregory and Mike Bernard discuss current financial planning issues and answer questions.
Join us for a weekly discussion about financial topics that impact you: saving for retirement, planning for college, good financial habits for small businesses, what you need to know about Medicare, and much more.
Season 3/Episode 46: How to Succeed at Succession Planning
If you own a small business, your business is likely the most valuable financial asset in your financial life. In order for that asset to provide for you and your family, it’s crucial that you transition it to the next generation effectively. Business attorney Jamey Haigh rejoins Mike and Josh on this episode of the Wise Money show to discuss how to create a succession plan that works for your small business--and your future.
Season 3/Episode 45: Should Your Small Business Be an LLC or S Corp?
Why should you structure your small business as an LLC, and when would an S Corp be a better option? In this episode of Wise Money, Mike and Josh welcome special guest and business attorney Jamey Haigh to the program to discuss the various types of ways to legally structure your business and how to know which one is best for you.
Season 3/Episode 44: The What and the Why of Estate Planning
Estate Planning can be a difficult component of your financial life, not only because it is emotional, but also due to its complexity. This week, Mike Bernard and Josh Gregory welcome back attorney Mark Criniti to discuss the essential elements of a good estate plan and why you need them.
Season 3/Episode 43: What To Do When Life Throws You Curveballs
Life is uncertain. Sometimes you feel like you’ve got it all figured out. Other times, your finances seem to get hit with one thing after another. Planning for when everything is going right can be easy, but what do you do when life throws you curveballs? In today's episode of Wise Money, Mike, Josh, and Kevin share their own personal experiences, and discuss how you can set up a system to help manage life's inevitable surprises.
Season 3/Episode 42: Are All Term Life Insurance Policies Created Equal?
Life insurance is complicated. That can make it challenging to distinguish one type from another, let alone have confidence that you know which policy is right for you. In this episode of Wise Money, Mike, Kevin, and Josh walk through the different types of life insurance policies, and how to choose among the menu of available Term Life insurance policies.
Season 3/Episode 41: 2018 State of the Housing Market
Is now the time to put your house on the market? We’ve all heard the stories of bidding wars and offers for full-list price, so is now the time for you to cash in? Should we expect this strong housing market to continue? Real estate expert Diane Bennett, a realtor with Remax 100, joins Mike and Kevin on this episode of Wise Money to discuss the current state of the housing market and what it means to you.
Season 3/Episode 40: Is Your Retirement Vision Crystal Clear?
Everyone has a unique vision of what retirement looks like, and formulating that vision is where the process of planning for retirement begins. To accompany that, you need to analyze how your Five Factors of Retirement fit together to see whether you’re on track to make your vision a reality. In this episode of Wise Money, Kevin, Josh, and Mike help you uncover what your vision is for retirement and share the process of how to know whether you’re on track.
Season 3/Episode 39: The Electric Shock - Lessons From GE
Shares of General Electric have been in a tailspin over the past 12 months while the company is making drastic changes to reinvent and sustain their business. However, employees, investors, and retirees of GE have been significantly impacted, and many are scrambling to find a way to recover. In this episode of Wise Money with Korhorn Financial Group, join Mike, Kevin, and Josh as they break down the personal financial planning lessons from GE’s crisis.
Season 3/Episode 38: Choosing a Values-Based Approach to Financial Planning
Are your financial decisions connected to creating your ideal life? Most financial professionals only seek to help you get the right investment mix or a certain insurance policy in place. Very few focus on tying all areas of your financial life together in order to fulfill your own dreams for the future. Mike, Josh, and Kevin welcome special guest Amy Mullen from Money Quotient to this week’s episode to explore how to align your financial decisions with your ability to live the life you want.
Season 3/Episode 37: Planning For Healthcare In Retirement
Research shows that the average couple will spend more than $260,000 on healthcare in retirement, making it one of the biggest expenses in your lifetime. That means that the health insurance decisions you make leading up to and during retirement are an extremely important component of a successful financial plan. Join Mike and Kevin as they welcome health insurance expert Ted Foster to this week's Wise Money Show to discuss how smart insurance decisions can help cover the high cost of healthcare in retirement.
Season 3/Episode 36: Could You Pass This Retirement Readiness Quiz?
Retirement is most everyone's largest financial goal, and it's also one of the most difficult to get right. In today's episode of Wise Money with Korhorn Financial Group, Mike, Josh, and Kevin offer a Retirement Readiness Quiz to determine if you're on target to reach your goal--and provide key steps to help you prepare if you're not.
Season 3/Episode 35: Use These Tax Insights To Start Planning Your 2018 Taxes Today
Although tax season can be a stressful time for some individuals, it is always rich with insights into future planning opportunities. Join Kevin, Josh, and Mike in this episode of Wise Money with Korhorn Financial Group as they share their biggest tax season takeaways from the 2017 tax season to help you start preparing now for 2018.
Season 3/Episode 34: Are You Financially Ready To Have Kids?
Starting a family is a game changer, especially for your finances. How do you know when you’re financially ready? What do you do to get ready, and how do you succeed financially once you start having children? Join Mike Bernard and Josh Gregory in this episode of Wise Money as they discuss how to thrive financially when starting a family.
Season 3/Episode 33: How to Prepare Financially For A Sudden Health Change
When you face a major health change, your finances are likely the last thing on your mind. In this episode of Wise Money with Korhorn Financial Group, Mike Bernard and Josh Gregory discuss how a sudden change in your health can impact your finances--both during and after a diagnosis--and the steps you can take today to proactively prepare so that getting and staying healthy is the only thing you need to worry about during a health crisis.
Season 3/Episode 32: Financial Mistakes To Avoid When Receiving An Inheritance
Receiving an inheritance can be a tremendous boost to your financial life--but it can also wreak havoc if it's not handled with care. How so? In this episode of Wise Money, Mike Bernard and Josh Gregory share the most common mistakes people make when receiving an inheritance so you can avoid making them yourself.
Season 3/Episode 31: Do Not Miss These Financial Steps When Facing A Job Change
Whether it’s by your choice or not, when facing a job change, there are several financial issues you need to be on top of. Too many people overlook some key areas of their financial life and end up spending more time and money cleaning it up later. On this episode of Wise Money, financial planners Mike Bernard and Josh Gregory give you there list of financial items you need to tackle right away when transitioning to a new job.
Season 3/Episode 30: Your Most Important Estate Planning Choices
Estate planning can be complicated and confusing, which is why you want to understand your options so that you can make the best decisions possible. In this episode of Wise Money with Korhorn Financial Group, Kevin, Josh, and Mike clarify the different options you have in your Estate Plan and how to make the best decisions possible.
Season 3/Episode 29: Financial Choices Related To College Planning
Financial planning for college can be one of the most difficult goals to plan for. Not only are there quite a few variables, but the decisions you make today can have a significant impact on your finances in the future. Join Mike, Kevin, and Josh on this episode of Wise Money as they break down the most important choices you must make when funding your kids' college expenses.
Season 3/Episode 28: Your Most Important Financial Decisions For Retirement
Retirement is one of your biggest goals, and making the best decisions about how to approach it and navigate through it are essential. In this episode of Wise Money, Mike, Josh, and Kevin discuss some of the most important financial decisions you face when planning for retirement--and how to choose wisely at each fork in the road.
Season 3/Episode 27: The Most Important Choices You Make In Your Investments
When making your investment decisions, you have some very obvious choices to make. But others are not so obvious. In this episode of Wise Money with Korhorn Financial Group, Financial Planners Mike Bernard and Josh Gregory address the most important decisions you face when structuring your investments.
Season 3/Episode 26: Don’t Make The Wrong Tax Decision In These Key Areas
We all make choices each day in our financial lives that influence our tax picture. The question is this: Are you consciously making the best choice for your overall financial situation? This week on Wise Money with Korhorn Financial Group, Mike Bernard, Kevin Korhorn, and Josh Gregory, help illustrate what those choices are and how you can make the best decisions for you.
Season 3/Episode 25: How To Make This Tax Season Your Best One Ever
With all of the changes to the tax law, taxes are even more in the spotlight than usual. How do you get clarity and confidence in your taxes when you have them prepared this year? Mike and Kevin welcome back CPA Ryan Fair to this episode of Wise Money to discuss what you need to do to make 2018 your best tax season ever.
Season 3/Episode 24: It's Time to Make These Insurance Decisions a Top Priority
Although all financial decisions you make are important, decisions regarding your insurance coverage are critical. How you choose to manage various financial risks can often determine the success or failure of your overall financial picture. In this episode of Wise Money with Korhorn Financial Group, Mike Bernard and Kevin Korhorn discuss the importance of insurance protection which decisions should be your top priority.
Season 3/Episode 23: The Most Important Choices You Make In Your Present Financial Position
In each area of your financial life, you have extremely important decisions to make that will influence your short- and long-term financial success. In this episode of Wise Money with Korhorn Financial Group, Financial Planners Mike Bernard and Josh Gregory address the most important decisions you face within your Present Financial Position.
Season 3/Episode 22: The Secret Tips of Successful Budgeting
Like blocking and tackling in football, budgeting is a foundational habit that is essential for enduring financial success. With it being so important, how do you budget successfully? Mike Bernard and Josh Gregory share their 5 secrets to budgeting success in this episode of Wise Money.
Season 3/Episode 21: Insurance Strategies For 2018
2018 has already revealed some challenging trends in the area of insurance coverage. Make sure you have appropriate coverage for these increasing risks. This week on Wise Money with Korhorn Financial Group, Mike Bernard and Josh Gregory are joined by insurance advisor Alysia Boehner to discuss what coverage strategies you need to have in place for 2018.
Season 3/Episode 20: 2017 Investment Recap and 2018 Outlook
2017 was a surprisingly great year for the stock market, but was it a great year for you? As we move into 2018, how should you position your investments to capitalize on the driving investment themes of coming year? Mike Bernard and Josh Gregory recap the results and themes of 2017 and what look to be the driving factors in 2018.
Season 3/Episode 19: Setting and Achieving Your Financial Goals
The real way to measure progress in your financial life isn’t by looking at your rate of return; it's by understainding if you're on the best path toward reaching your financial goals. Still, too many people don’t know how to set the right financial goals, let alone develop the habits and strategies to reach them. This week on Wise Money, Mike Bernard and Josh Gregory welcome back special guest, Justin Maust, leadership and business coach, to help all of us set and achieve the right financial goals.
Season 3/Episode 18: What The New Tax Laws Mean To You
The tax laws are changing and you need to be prepared for how it impacts you. On this episode of Wise Money with Korhorn Financial Group, financial planners Kevin Korhorn, Mike Bernard, and Josh Gregory review the latest tax changes, how they will impact you, and what you need to do to take advantage of the new laws.
Season 3/Episode 17: Creative Year-End Giving Strategies
2017 is running out, but there is still time to make a meaningful donation to family members or a charitable organization. But before you do, what’s the best way to structure it so that it’s most beneficial to you and to the party receiving it? Kevin Korhorn, Mike Bernard, and Josh Gregory break down this timely topic on this episode of Wise Money.
Season 3/Episode 16: Your Year-End Financial Checklist for 2017
Ready to head into 2018 with greater financial confidence? On this episode of Wise Money with Korhorn Financial Group, Mike Bernard, Josh Gregory, and Kevin Korhorn walk through the 6 areas of financial planning and the key items to check off your list by December 31.
Season 3/Episode 15: Your Pension Is Being Cashed Out. Now What?
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.
Season 3/Episode 14: Is auto-enrollment for your 401(k) helping you meet your retirement goals?
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.
Season 3/Episode 13: Do You Need A Lot Of Money To Work With A Financial Planner?
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.
Season 3/Episode 12: The GOP Tax Plan
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.
Season 3/Episode 11: An Introduction to Special Needs Financial Planning
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.
Season 3/Episode 10: Should You Own The Stock of the Company You Work For?
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.
Season 3/Episode 9: KFG Wise Money Radio S3E9: The 7 Habits of Self-Made Millionaires
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.
Season 3/Episode 8: Are You Ready For Your Medicare Decision?
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.
Season 3/Episode 7: What Is Your Vision For Retirement?
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.
Season 3/Episode 6: Will This Hurricane Season Impact Your Insurance Rates?
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.
Season 3/Episode 5: Don’t Make This FAFSA Mistake
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.
Season 3/Episode 4: What To Expect (About Your Finances) When You’re Expecting
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.
Season 3/Episode 3: Do You Have An Evidence-Based Investment Approach?
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.
Season 3/Episode 2: Is It Wise To Buy Life Insurance Through Work?
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.
Season 3/Episode 1: Your College To-Do List
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.