Retire Texas Style!

It’s probably the most asked question to any financial advisor, “how much money do I need? Is there a magic number?” First, everyone’s situation is different so everyone’s “magic number” will be different. There is no one standard that says once you have saved "X" amount of money you can retire. You actually need various types of income, that's where you hear about saving in different buckets of m...

What would you be willing to sacrifice in exchange for retiring ten years sooner than planned?  According to a new Finance-Buzz survey, a third (32%) of Americans would give up shopping for two years.  A fourth (26%) would agree to quarantine for an additional six months.  And 8% would even give up the family pet !  What does it take to be able to retire early?  Then, CNBC says leaving a 401(k) be...

A recent study by CreditCards.com found that roughly 13 million people have either a bank account or a credit card that they’re hiding from their spouse.  How can having financial secrets hurt our portfolios?  If you have questions, concerns or FEARS about planning for your retirement, call Steve today for your Complimentary Portfolio Review!  See omnystudio.com/listener for privacy information.

The Motley Fool says one of the best ways to get through a recession is to have multiple sources of income. The #1 fear of planning for retirement is running out of money. So, how can you avoid this?  If you have a pension, will it be there when you really need it? What other sources of income can you create for yourself NOW to prepare for a better future? Steve talks about his different tools and...

For three decades Steve has been helping people J UST LIKE YOU cross that retirement finish line. Let's face it, it can be confusing and overwhelming, but thats where Steve and his team come in. When you work with Steve, its his family, serving your family. Steve is passionate about helping you and your family create that income for life so you can retire with that added peace of mind.  If you're...

Sometimes, we talk about the “myths” of retirement.  And Forbes says one of the most common ones is that we’ll be in a lower tax bracket, when we quit working.  That certainly seems to make sense – why would it not be true?  Then, how much weight do you put on your financial decisions based on who is in the White House? How will this upcoming election impact you, your money and your retirement?  ...

Are you working to just pay off your debt? Steve shares his ideas and strategies and how he can help you pay down this debt sooner rather than later, and even retire sooner! There’s a theory that pops up every so often, suggesting that – with the impending wave of baby boomer retirements – we’ll all be getting out of the stock market at the same time.  That, in effect, would drive stock prices low...

One of the drawbacks of a 401(k) is that – when you leave a job – rolling the money into a new account can be a bit of a hassle. You wouldn't believe the number of people that FORGET about their old 401K completely!  But CNBC’s Sharon Epperson says there’s a new feature that will eventually simplify that process called auto portability. That sounds great but –  there aren’t many places that offer...

Even though the markets have been doing well, the overall economy is still struggling.  But not e veryone agrees with that.  Wall Street veteran Jeff Saut thinks the market is going to sky rocket! Who do we believe? Are we headed to another record high , or should we start paying more attention to the amount of risk in our portfolios? Steve shares his vision of where he thinks we are headed, how t...

Do you have a plan or even starting planning? Steve explains how important it is to start planning TODAY! Then, hear how Steve helps his clients create the income they need to support themselves financially, fulfill their bucket list and be ready for whatever happens in the future. Did you know the #1 fear of planning for retirement is running out of money? Just like you do during your working yea...

Let's be honest, we're in uncharted territory right now.  There's volatility in the market and some analyst say we are headed towards another bull market (when the market is WAY up) while others are saying we're headed for another recession. Who do we know who to believe? Are we headed towards another 2008?  Find out why Steve says, "it doesn't matter what happens in the market or on Wall Street!"...

A Bankrate survey estimates that 31 million Americans have taken – or plan to take – early withdrawals from their retirement accounts.  I know that should be a “last resort” kind of move, so what’s your advice for people who are considering it? What about your kids borrowing money from you ALL the time, how can that impact your financial future for retirement?  Call Steve today to setup a complime...

Find out how Steve and his team are adjusting to this "new normal" hosting ZOOM meetings with clients. Plus, Steve shares his advice for people on how can they make their money back during this current market volatility. Plus, what are some common concerns people have with their 401Ks?  See omnystudio.com/listener for privacy information.

We all just want to go back to "normal," right? Seems what we are living today is our "new normal." So what can we do to better position ourselves for when the economy goes up and (hopefully) soon fully recovers? Steve explains why his tools and strategies can help you make sure you are in the right position today and tomorrow, no matter what the market is doing. Plus, have you ever heard of the "...

If you're concerned about your 401(k), your money, your retirement, know that you are not alone.  Oil prices are plummeting, the market is struggling and we are all wondering what it will take to get back to "normal."  Steve gives his professional advice for what we can do now to be prepared for a better future, adding that added sleep insurance and protection to your money.  Contact Steve today f...

Craig Anderson of KWEL interview Steve about his opinion on the recent market, the financial crisis we could face, what we can do about it and HOW we can protect our money today!  Call Steve today for a virtual appointment!   See omnystudio.com/listener for privacy information.

They’re calling it “the biggest rescue package in history.” The federal government is spending $2 trillion to help overcome the economic damage from the corona virus. I’m not questioning the need for a stimulus … but we should remember that we’re eventually going to have to repay that money, one way or another. And I’m guessing repayment will come in the form of higher taxes, somewhere down the li...

There are many things in life we can't control - two of them being, the market and this crazy corona virus. So, what can you do during this time of uncertainty? Steve Hoyl, with over three decades of experience says DON'T PANIC! Find out what Steve says you SHOULD be doing during this time and how you can better position yourself for WHEN the market goes back up.  Plus, with new terms like "social...

Over the past few weeks we have seen major volatility in the market, what does that mean for you and your money? What does it mean when Wall Street halts the market? Steve talks about how you capitalize when market going up and when it goes down you will be protected. If you'd like to schedule a time to talk with Steve and set up a virtual appointment, CLICK HERE !   See omnystudio.com/listener fo...

If we want to have a nice retirement, there are certain steps we need to take to make it happen, right?, Good news:  The “Shamrock Shake” is back!  McDonald’s offers the green, mint-flavored, milkshake for a limited time each year, right around St. Patrick’s Day.  And since it was first introduced in 1970, this is the shake’s 50th anniversary!  So, think about this:  If you’d bought ten dollars’ w...

 In 1970, we were paying about $118 a year, per person, in out-of-pocket health care costs.  Today, that number is more than $4500 a year!  What does that tell us about our likely health care expenses in retirement ?  We’re all looking for ways to improve our tax situation and one of the most popular tools for that is the Roth IRA.  Unfortunately, income limits mean that not everyone is eligible t...

Why is it so important for you to pay attention to this new Secure Act ? Plus, did you know your kids retirement could depend on decisions you make today for your retirement?  Steve explains why planning for retirement is 25% numbers and 75% emotions and much more!     Retirement Fun Facts from The Motley Fool : 47% have saved less than $25,000 saved for retirement. Millions get 90% of their retir...

Steve shares family memories of the lessons he learned from his Grandmother and the values he learned growing up that he applies to his work today. Steve talks about how life can throw you curves but as long as you have plan in place, you have that plan B available and you are able to tweak your current plan.  Is it ever too late to put a plan together? How do you create a plan fighting against in...

Fun fact about Steve Hoyl – he’s a cat lover! Steve shares the simple lessons he learned from his furry friend, Sir Louis Vuitton, the transitions of life, and how preparing and planning your retirement is a team effort.  At the end of the day, when it comes to planning your retirement, its 25% numbers and 75% emotion. What does your retirement look like? Have you created that bucket list? Steve a...

In December of 2019, President Trump signed the new Secure Act into law.  The biggest change we are looking at involves stretch IRA’s and some of these changes could impact you and your taxes. Rules, regulations and laws change all the time in the financial world, it’s important to speak with someone who is on top of these changes the moment they happen. Steve Hoyl, of Hoyl Financial has over 30 y...