Hilt Financial Group

What a great turnout at the library on a beautiful spring evening in Maryland to learn about Essential Tax Strategies for Retirement.

Presidents’ Day! Originally a holiday celebrating the birth of George Washington, the first President of the United States, it has since become a holiday to mark all those who have served in the nation’s highest office. How will you spend the holiday weekend? A quick excursion with family or loved ones? A quiet break at home? However you are marking the holiday, here’s hoping you enjoy your Presidents’ Day!

As Thanksgiving approaches, it's a wonderful opportunity to reflect on all the good things in our lives and to cherish the family and friends who make our days brighter. With excitement for the year ahead, let's embrace a holiday season filled with the joys of love, connection, and togetherness. Wishing you a delightful Thanksgiving and a fantastic holiday season!

🇺🇸 Thank you to all our veterans — past and present — for your courage, dedication, and sacrifice. Your service and commitment to protecting our freedoms will never be forgotten. 🙏❤️

Retirement balances have reached new records, reflecting both market resilience and the power of consistent saving.

Fidelity’s latest data shows:
🔹401(k) millionaires climbed 16% in Q2, reaching 595,000 accounts.
🔹IRA millionaires also increased 16%, surpassing 500,000 for the first time.
🔹Average balances rose to $137,800 for 401(k)s and $131,366 for IRAs.

What’s behind the gains? Savers who stayed invested and continued making contributions benefited as markets rebounded from earlier volatility. Even during uncertain times, steady saving habits can help position accounts to capture positive market trends when they occur.

It’s a reminder that discipline and consistency often matter just as much as market performance itself.


Source:

Record numbers of retirement savers are now 401(k) or IRA millionaires Helped by consistent savings efforts and market gains, average 401(k) balances reached fresh highs in the second quarter, according to a Fidelity report.

We’ve all heard the saying health is wealth, but what does it truly entail? We pose the question, what is your wealth if you don’t have your health? Personal health that is. You have been working and saving for retirement throughout your life, it's time to start prioritizing your personal health and wellness. After all, why accumulate your wealth if your health and longevity aren’t on the same page? We want you to enjoy your retirement and live it to the fullest!

There are countless misconceptions about retirement out there, and we are here to debunk the most common retirement myths. Some people think that it’s too late to start saving for retirement, which is far from the truth! Start investing today to compound your interest, it's never too late to start. Others may associate retirement with a time of decline, which is completely in your hands. You can be intentional about adding movement into your retirement, whether this be traveling more or attending more workout classes, you can choose to spice up your retirement however you see fit!

With interest rates on the rise, it's only natural to wonder if you’ve put your financial eggs in the right nest. There are countless ways to invest your money, and right now is the perfect time to reevaluate if your investments are on track. Since interest rates are skyrocketing, you may want to reassess your CDs or lock them in. Give me a call to have your interest and investment questions answered today!

Fourth of July festivities welcome fireworks, BBQs and celebrating our great country! As the holiday approaches, we wanted to share some firework safety tips. The most common firework safety precautions are avoiding indoor areas and keeping fireworks away from children. Did you know it's also recommended to soak fireworks in water for a few hours before discarding them? Experts advise to never ignite a device while it's in the container, it should always be removed first. We hope you enjoy the festivities and your Fourth of July celebrations!

Even if your income is stable throughout the year, it doesn’t mean that your budget should be too. Knowing that Summer invites vacations, more social outings, and spontaneous plans, it's advised to keep your budget flexible throughout the next few months. Maintaining a flexible budget provides you more freedom and peace of mind when it comes to your finances, and what could be better than that? Give me a call today to get your budget questions answered!

If you’re preparing to retire or are actively in retirement, it can be challenging to estimate how much money you’ll need for the rest of your life. There are so many factors to consider, including risk tolerance, longevity, and anticipated costs. According to Money Talks News, around 45% of Americans who retire at age 65 are projected to run out of money before they die. And this stat has the potential to grow! If you are looking for guidance on anticipating these costs, give me a call for a consultation. We are here to provide you peace of mind and guide you down the right financial path.