Hanner Financial Services, Inc.

05/27/2026

Extended care is one of the biggest wild cards in retirement.

Costs vary by location, care type, and health needs—but they've all been rising faster than many realize.

These five insights can help you understand what drives costs and why they often catch retirees by surprise.



Sources:
CareScout, Cost of Care Report, July–December 2024
AALTCI, Long-Term Care Insurance Statistics & Data 2025
EBRI/Greenwald, 2025 Retirement Confidence Survey, April 2025

05/20/2026

In honor of Memorial Day, Hanner Financial Services Inc. will be closed on Monday, May 25th.

05/15/2026

Heads up for Hanner Financial Services clients! The East side parking lot and entrance to the South (25th Street) is unavailable today. You are still able to use the West side entrance (Taylor Road) and parking spots. Thank you for your understanding and have a great Friday!

04/29/2026

A growing number of Americans are carrying credit card balances, highlighting ongoing financial pressure for many households.

Recent data shows that about 50% of credit card holders—roughly 111 million people—currently carry debt, marking a notable increase over the past several years.

At the same time, borrowing costs remain elevated. Average credit card interest rates are now above 23%, making it more expensive for balances to grow over time.

Some households are adjusting by cutting back on discretionary spending, delaying larger purchases, or relying more heavily on credit to cover everyday expenses.

These trends reflect how shifts in costs, interest rates, and income can influence day-to-day financial decisions across a wide range of households.


Source:

About 111 million Americans are carrying credit card balances, a 17% increase in five years, new research shows.

04/20/2026

Some high-earning couples may currently receive $100,000 or more per year in Social Security benefits, based on lifetime earnings and when benefits begin.

A new policy proposal suggests capping those benefits—potentially limiting annual payments to $100,000 for couples and $50,000 for individuals—as one way to address long-term funding challenges.

The idea is one of several being discussed as policymakers consider how to support the program’s future. Current projections indicate that Social Security trust funds may face shortfalls in the coming decade.

It’s important to note that this is not a finalized change, but part of a broader conversation around how to balance sustainability, benefits, and contributions over time.

As discussions continue, proposals like this highlight the range of approaches being considered to address the program’s long-term outlook.


Source:

High-earning couples who consistently pay the maximum into Social Security during their careers stand to get the biggest benefits in retirement.

03/31/2026

Hanner Financial Services, Inc will be closed on Friday, April 3rd in observance of Good Friday.

We will reopen on Monday, April 6th at 9:00am.

03/24/2026

Oil prices have surged — and the ripple effects are extending well beyond the energy market. With supply disruptions near the Strait of Hormuz, inflation risks rising, and potential implications for Fed policy and economic growth, investors are reassessing what comes next. In Cetera Investment Management Team's latest commentary, they break down what’s driving the oil spike, why it matters for markets, and how investors can stay focused amid volatility. Read now:

Oil prices have surged — and the ripple effects are extending well beyond the energy market. With supply disruptions near the Strait of Hormuz, inflation risks rising, and potential implications for Fed policy and economic growth, investors are reassessing what comes next. In our latest commentary...

03/16/2026

Retirement planning is largely focused on income and investments, but it’s also about communication.

Talking with family ahead of transitions can reduce uncertainty, set expectations, and help loved ones understand the decisions you’ve made and why.

02/18/2026

Several large financial institutions announced they will match a one-time $1,000 federal contribution made to new savings accounts for eligible employees’ children, expanding participation in a recently launched pilot program.

The initiative involves tax-advantaged accounts created for children born within a specific date range, funded by the U.S. Treasury. Employers, including JPMorgan Chase and Bank of America, said they will match the government’s contribution for qualifying employees, joining a growing list of firms that have opted to participate.

Supporters say the program is designed to encourage long-term saving from birth, while critics have raised questions about its scale, access, and long-term impact. As more employers weigh participation, the announcements highlight how workplace benefits continue to evolve alongside public policy.



Source:

Financial firms dominate the list of companies that are matching contributions for the