Financial Wellness Archives - HFM Investment Advisors, LLC

Navigating the Complexities of Estate Planning: An Interview with Brittany Tedesco By Jason Gabrieli In the latest episode of the Dollar Wise Podcast, I had the pleasure of speaking with Brittany Tedesco from Bratton Law Group. Brittany, an estate planning attorney, has been an invaluable resource for our clients at HFM Investment Advisors. In our discussion, we delved into the intricacies of estate planning and the steps involved when a loved one passes away. Estate planning is a crucial, albeit somber, topic. Our goal was to provide listeners with clear and practical insights to help them navigate the legal and…

Beyond the Will, How to Make A Difficult Time Easier on Those Left Behind

Financial Wellness, Podcast

In this episode, Jason Gabrieli is joined by Brittany Tedesco from Bratton Law Group to discuss what really happens when someone passes away and what that experience is like for those left to handle things. Most people are familiar with the importance of having a will and estate plan before they pass away, but the reality is that there’s other considerations that could be made ahead of time to make this difficult and emotional process as smooth as possible. Whether you’re someone who is dealing with a loved one’s passing or it’s important to you that this burden is minimized…

How Do You Manage Finances After Experiencing a Loss?

Financial Wellness, Wellness

Navigating Life's Transitions: An Interview with Brian Masessa, CPA By Jason Gabrieli, CFP At HFM Investment Advisors, our mission is to leverage our extensive experience to help clients navigate life's transitions smoothly. In our latest podcast episode, I had the pleasure of sitting down with Brian Masessa, CPA from Premier Accounting Services in Pitman, NJ. We delved into a sensitive yet crucial topic: managing the financial aftermath of a loved one's passing, specifically when how it applies to navigating the tax situation. Setting the Scene Death is an inevitable part of life, but the complexities that arise in its wake…

Q2 2024 Plan Sponsor Newsletter

401(k), Financial Wellness

As we continue to navigate an evolving workforce landscape, it's becoming increasingly evident that employees at different career stages have distinct needs when it comes to retirement planning and benefits. Understanding and addressing these diverse needs is crucial to foster employee satisfaction, retention, and overall financial wellness. To effectively meet these diverse needs, it's wise for plan sponsors to consider implementing personalized resources and benefits tailored to each career stage. Our Q2 newsletter discusses tailored strategies for each career stage. Download The Newsletter Providing access to financial wellness platforms, one-on-one counseling, and retirement readiness assessments can equip employees with the…

Smart Not Spoiled: Raising Financially Savvy Kids

Business Owners, Financial Wellness, Podcast

In this episode of the Dollar Wise Podcast, host Jason Gabrieli is joined by Chad Willardson, president and founder of Pacific Capital, bestselling author, and co-founder of GravyStack. Chad shares his journey of teaching financial literacy to children, inspired by his experiences as a father of five. He discusses the development of GravyStack, an innovative app designed to help kids learn about money through practical activities, and the importance of financial education at a young age. Chad also delves into the philosophy behind his book "Smart Not Spoiled," offering practical advice for parents on raising financially responsible children. Tune into…

Boosting Retirement Confidence for Near-Retirees

401(k), Financial Wellness

Employees late in their careers need information that helps smooth the transition into retirement We are entering the “Great Retirement” era, where tens of thousands are hitting retirement age daily. By 2030, the entire baby boomer generation will be 65 or older. These hard working and resilient employees were the first to experience the shift from guaranteed pension plans to defined contribution plans such as 401(k)s. With retirement in sight, near-retirees are a key target audience for financial wellness programs. Older employees are likely to experience heightened financial stress and anxiety as they transition from work into retirement.…

Employee Newsletter: Financial Health Edition

401(k), Financial Wellness

As a plan sponsor, employees want you to support their financial well-being. Achieving financial health takes time and commitment, here are three tips to help your employees stay focused: Make savings a routine they can stick to Set realistic goals Get help from a financial professional Just as physical health requires commitment, good habits, and professional guidance, achieving financial health needs time , persistence, and small yet powerful changes. By empowering your employees to improve their financial fitness, you are contributing to their overall well-being and satisfaction. Download the Newsletter HFM Investment Advisors, LLC. 856-232-2270 www.hfmadvisors.com [email protected] 102 West High…

Don’t Let 5% Savings Accounts Distract You From Investing for the Long Term

Financial Wellness, Investments, Podcast, Retirement Planning

Welcome back to the Dollar Wise Podcast. In this episode, Jason Gabrieli, CFP®, discusses the current trend of keeping money in cash. With high-yield savings accounts offering around 5%, many investors are unsure whether to invest or leave their money in cash. Jason highlights the importance of understanding historical returns and differentiating between short-term and long-term financial goals. He demonstrates how long-term investments in bonds and stocks have historically outperformed cash, despite recent attractive yields. The episode encourages listeners to align their cash holdings with their financial objectives and offers insights into market trends and behavioral finance. Tune into this…

Overcoming Mid-Career Retirement Savings Hurdles

401(k), Financial Wellness

Practical tips for Gen X and Millennial workers to save for retirement Life in the middle can be a pickle—just ask any mid-career employee. They're often caught between a rock and a hard place, or, more accurately, a kid's college fund and an aging parent's medical bills. Add to that the rising cost of living, and you've got a perfect storm for financial stress. Money and Happiness Did you know that 59% of Americans think money can buy happiness? With the magic number being $1.2 million. Interesting though, for a significant portion of your workforce, financial happiness is tied…

Unlock the True Potential of Your 401(k) Savings

Financial Wellness, Investments, Podcast, Retirement Planning

Jason Gabrieli and Tyler Reedman, both CERTIFIED FINANCIAL PLANNERS at HFM Investment Advisors, dispel common misconceptions about 401(k) contributions. They dissect the difference between matching the employer’s contribution and maxing out a 401(k). They discuss contribution limits and strategies to increase contributions incrementally so you can optimize your savings. This episode is a must-listen for anyone looking to take full advantage of their 401(k) potential. Tune into this episode to also learn: The real meaning of 'maxing out' your 401(k) and common misconceptions. How automatic escalation can effortlessly boost your 401(k) savings. The impact of choosing between Roth and…