Fidelity says the average IRA balance is up 21% from a year ago, while the average 401(k) balance is up 24%!  And the total number of million-dollar retirement accounts has nearly doubled over the same period!  Obviously, we have the markets to thank for that.  But before we celebrate too much, remember what those same markets did to our retirement accounts back in 2008! We know that we have zero control over the markets – but does that necessarily mean we don’t have any control over what happens to our retirement savings?  And is there anything we can do to maybe lock in some of these gains we’ve enjoyed over these last 12 months? 

Fidelity says the average IRA balance is up 21% from a year ago, while the average 401(k) balance is up 24%!  And the total number of million-dollar retirement accounts has nearly doubled over the same period!  Obviously, we have the markets to thank for that.  But before we celebrate too much, remember what those same markets did to our retirement accounts back in 2008! We know that we have zero control over the markets – but does that necessarily mean we don’t have any control over what happens to our retirement savings?  And is there anything we can do to maybe lock in some of these gains we’ve enjoyed over these last 12 months?

Steve Hoyl and Derrik Caldwell have worked tirelessly to craft personalized, high-quality financial services to a diverse group of clients at all income levels. As a lifelong resident of the Texas Panhandle, Steve has a unique insight into the passions, motivations and concerns of his client. It’s this connection with community — alongside more than three decades of industry experience — that allows Steve and Derrik to create retirement strategies that are as unique as the clients they serve and the places they live.

Learn more about Steve, Derrik and the rest of the team here.

Don't miss an episode. Subscribe or follow wherever you get your favorite podcasts!

For more helpful insights follow on social media: Facebook and X

Steve Hoyl and Derrik Caldwell have worked tirelessly to craft personalized, high-quality financial services to a diverse group of clients at all income levels. As a lifelong resident of the Texas Panhandle, Steve has a unique insight into the passions, motivations and concerns of his client. It’s this connection with community — alongside more than three decades of industry experience — that allows Steve and Derrik to create retirement strategies that are as unique as the clients they serve and the places they live.
Learn more about Steve, Derrik and the rest of the team <a href="https://hoylfinancialgroup.com/podcast/">here</a>.
Don't miss an episode. Subscribe or follow wherever you get your favorite podcasts!
For more helpful insights follow on social media: <a href="https://www.facebook.com/HoylFinancialLLC">Facebook </a>and <a href="https://twitter.com/HoylFinanacial">X</a>

Retire Texas Style!

For over 30 years, Steve has worked tirelessly to craft personalized, high-quality financial services to a diverse group of clients at all income levels. As a lifelong resident of the Texas Panhandle, Steve has a unique insight into the passions, motivations and concerns of his client. It’s this connection with his community — alongside more than three decades of industry experience — that allows Steve to create retirement strategies that are as unique as his clients and the place they live.

Fidelity says the average IRA balance is up 21% from a year ago, while the average 401(k) balance is up 24%!  And the total number of million-dollar retirement accounts has nearly doubled over the same period!  Obviously, we have the markets...

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