Hobbs Group Advisors Blog

Money Draining Food Myths

The road to better health may sometimes involve an extra expense here and there, but you should be careful about wasting money on diet ideas with promises that are more based on myth than fact. Identified below are four diet strategies that may be ineffective and financially expensive. Vitamins and Supplements Americans spend $53 billion […]

Building Your Legacy

Carve your name on hearts, not tombstones. A legacy is etched into the minds of others and the stories they share about you.Shannon L. Alder The desire to leave a legacy may be the height of altruism for it is a gift to the future, the benefit of which you may never witness, nor ever […]

Should You Borrow from Your 401(k)?

The average household with revolving credit card debt had a balance of $7,876 as of March 2023. For the average household carrying credit card debt, this will equate to an annual interest of $1,380. With the average credit card annual percentage rate sitting at 22.7%, it represents an expensive way to fund spending.1,2 Which leads […]

Retirement Income Planning Webinar

Your Shifting Risk Tolerance

When you created your investment strategy, your asset allocation should have reflected your goals, time horizon, and tolerance for risk. But over time, any of those three factors may have changed, and your portfolio may now need adjustments to reflect your new investing priorities. It’s important to remember that asset allocation is an approach to […]

Money that Buys Good Health is Never Ill Spent

A retired couple age 65 can expect to need about $315,000 saved to cover healthcare expenses in retirement. With healthcare expenses in the spotlight, it’s incumbent upon us to make sure our retirement strategy anticipates these costs.1 But that’s not enough. Remember, healthcare coverage (including Medicare) typically does not cover extended medical care. And it’s […]

A Primer on Dividends

When looking for income-generating investments, some investors turn to dividend-yielding stocks. When a company makes a profit, that money can be put to two uses: Dividend Ratios Investors track dividend-yielding stocks by examining a pair of ratios.1 Dividend per share measures how much cash an investor is scheduled to receive for each share of dividend-yielding stock. […]

Orchestrating Your Retirement Accounts

An orchestra is merely a collection of instruments, each creating a unique sound. It is only when a conductor leads them that they produce the beautiful music imagined by the composer. The same can be said about your retirement strategy. The typical retirement strategy is built on the pillars of your 401(k) plan, your Traditional […]