Henderson Financial Group, LLC

12/26/2024

The Role of Passive Income

Creating streams of passive income can provide financial security and flexibility as we approach retirement. Whether through dividends, rental properties, or royalties, passive income can supplement retirement savings and reduce reliance on traditional income sources. It's about building a financial cushion that supports your lifestyle. What passive income strategies are you exploring to enhance your financial future?

11/04/2024

Election week is here...make your voice heard!

06/15/2023

Teach your children about why you manage your money well, and how you do it - this is how your legacy continues beyond you. What you teach them is more important than what’s written in your will or revocable living trust, irrevocable asset protection trust, or anything else.

Estate planning is for everyone. But it starts with communication, not a legal document. Everyday I see and serve people who inherit generational literally overnight! Those who were taught & discipled typically steward it pretty well or they have a trustee that helps them. Those who were not taught often spend it quickly!

What’s the point?
Here’s a hint: you already have an estate plan - it’s either yours or the plan that the government has for us … 😳

You know your children, you know your loved ones. Help them by teaching them proper stewardship and then button it up by putting it in writing. Both are equally important.

Let’s go!

What is Estate Planning? Welcome to our Wealth Management Wednesday Series: Estate Planning. We will have Mr. Ray Henderson (CEO of Henderson Financial Group...

06/15/2023

Taxes don’t have to be a surprise or a pain! We’re here to help.

05/02/2023

Easy to understand in-person Tax Planning Seminar at our office in Virginia Beach!

Do you hate wondering if you'll owe, break even, or get a refund each year? What if we could be clearer now about what to expect in April? Well, we can!

If you're in the 757, have your taxes prepared by a professional, and want to get ahead of the game, come see us on Tuesday May 9th in our Virginia Beach Town Center office.

Click below for details and to RSVP!

Be Ready and Avoid Surprises in 2024   Monthly Educational Seminar Tax Planning - Being Ready and Avoiding Tax Surprises in 2024 Date: Tuesday, May 9, 2023 Time: 10:00am or 1:00pm Length of time: One

03/30/2023

CERTIFIED FINANCIAL PLANNER™ professionals may approach finances differently than you have experienced with traditional financial advisors.

How so?

1. We plan your strategy and model the implications of decisions before we do them
2. We have a duty solely to you as the client, and can only act in our client’s best interest
3. We think of your total financial picture when providing advice

It’s all about your financial confidence and clarity. Financial products are not the plan. Financial products fund the plan. What’s the picture you’re building? Do the products you own help make that picture a reality?

03/22/2023

https://www.letsmakeaplan.org/how-to-choose-a-planner/10-questions-to-ask-your-financial-advisor

10 Questions to Ask Your Financial Advisor

Ask these questions at your first meeting with a CFP® professional, or send them in advance so the advisor is ready to address them when you meet.

03/19/2023

Financial planning is a game changer! It truly pays to look at all of the financial puzzle pieces in one place.

Here’s an example from this past week:
Scenario 1 - owning various financial products (insurance, Roth IRAs, 403b, stocks, etc), saving and investing long-term, owning rental property, but no cohesive plan. Goal is to retire in 3-5 years.
Confidence level: 50%-60% (even with all those products, still didn’t have full confidence).

Scenario 2 - by organizing all the financial pieces into one plan, alongside their goals, this same couple discovered how to retire AND pay off over $200k of mortgage in 20 months - yes 1 yr and 8 months - with no new financial outlay! Financial planning and organization, looking at all the pieces together, resulted in a little redirected cash and cashflow and ignited their financial goals!!
Confidence level: 100%!

The moral of the story - don’t stop just with owning financial products. Treat them as tools. The question is, what picture are you building with those tools? Are you sure? We can help.

03/04/2023