Brian Hennaman CFP®

What Is a Fiduciary Financial Advisor and Why You Need One If you are looking for financial advice, you may have heard the term “fiduciary.” But what does it actually mean, and why does it matter when choosing a financial…

The Backdoor Roth IRA: What High Income Earners Need to Know The Backdoor Roth IRA is a retirement savings strategy that can help higher-income taxpayers put money into a Roth IRA when their income is too high to make a…

Is Hiring a Financial Planner Worth It? You can manage your finances yourself. There are calculators, investment platforms, budgeting apps, books, and online resources for almost every financial question. So, is hiring a financial planner worth it? For many people,…

The Pros and Cons of Buying an Annuity Retirement planning eventually shifts from one big question, “How much can I save?” to another: “How will I turn those savings into reliable income?” Annuities are one possible answer. They can provide…

Buying a home usually means applying for a brand-new mortgage with current interest rates. But in some situations, buyers have another option: taking over the seller’s existing mortgage. This type of financing is called an assumable mortgage. Understanding what is…

How does your financial picture compare to others your age? It’s a question many people ask themselves, whether they’re just starting their careers, raising a family, or preparing for retirement. Looking at net worth by age can provide useful context…

For many people approaching retirement, one question becomes increasingly important: Should you pay off your mortgage before retirement? After decades of making monthly payments, the idea of entering retirement debt-free can feel appealing. Without a mortgage, you may have lower…

Losing a spouse is one of the most difficult experiences a person can face. Along with the emotional impact, many widows suddenly find themselves making important financial decisions, including questions about Social Security. Understanding social security benefits for widows can…

Military families face unique financial decisions throughout their careers. Frequent moves, deployments, changing duty stations, and military retirement benefits can all affect long-term planning. One of the biggest questions service members ask is whether to save for retirement through the…