Tag: Budgeting Tips
Helping Educators Gain Financial Independence with Socorro Houghtaling (Ep. 10)

Helping Educators Gain Financial Independence with Socorro Houghtaling (Ep. 10)

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What hurdles do educators face when planning for retirement? 

Marc Hernandez chats with retired educator Socorro Houghtaling to uncover the financial challenges teachers face. They dive into the secrets of achieving financial freedom and share tips for navigating the complex world of investments and retirement planning. 

This conversation is packed with insights and appealing stories that resonate with educators and anyone planning for the future. Whether you’re just starting your career or nearing retirement, this episode offers valuable advice for your financial journey. 

Episode highlights include:

  • Financial Challenges for Educators: Common obstacles teachers face when saving for the future. (Starts at [00:02:22])
  • How educators often sign up for financial products without adequate guidance (Starts at [00:05:33])
  • Why having a personal financial advisor can be a game-changer (Starts at [00:13:10])
  • Advice for Upcoming Retirees: Insightful tips for educators approaching retirement on optimizing their savings (Starts at [00:24:16])
  • And more!

Connect with Marc Hernandez: 

Connect with Carlos Lopez: 

Connect with Socorro Houghtaling: 

About Our Guest: 

Socorro Houghtaling brings 30 years of dedicated service to Brownsville ISD. Holding a degree in Mid-Management, she has served as an Elementary School Principal for 13 years and held various administrative roles for 10 years. Her journey began with 7 years of classroom teaching. Before education, she had 10 years of HR experience with JCPenney and 8 years in retail. Socorro also holds life and health insurance licenses. Active in the community, she is a Pro affiliate with BARSE and serves on the St. Joseph Church finance committee.

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How to Build Wealth Across Generations (Ep. 9)

How to Build Wealth Across Generations (Ep. 9)

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Are you saving for the future or stuck in the paycheck-to-paycheck cycle? 

This week on Retire Rich: Tales of Financial Freedom, Marc Hernandez explores the evolution of saving behaviors across generations, revealing why Baby Boomers succeeded and how Millennials and Gen Z could follow suit.

This conversation, brimming with valuable strategies and clear guidance, lays out a clear path to financial stability and wealth creation. 

Tune in and learn how to master your budget, optimize retirement contributions, and leverage tax-saving strategies to construct your financial future—no matter where you’re starting! 

Key Highlights:

  • Generational Saving Trends: What Baby Boomers got right—and how younger generations can learn from their disciplined habits
  • Budgeting Essentials: Simplify your expenses by separating fixed and discretionary costs. Learn to track every dollar and uncover hidden savings
  • Maximizing Retirement Accounts: Unlock the power of employer 401(k) matches, Roth accounts, and catch-up contributions for tax-free retirement gains
  • Investment Alternatives: Discover smart options like IRAs, 403(b)s, and Thrift Savings Plans for those without 401(k) access
  • Tax-Saving Tips: Adjust withholdings and reposition investments to reduce tax liabilities and keep more of your hard-earned money
  • Saving Discipline: Small sacrifices today, massive rewards tomorrow—discover how to build wealth one habit at a time
  • And much more!

Connect with Marc Hernandez: 

Connect with Carlos Lopez: 

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