HB Financial Resources

HB Financial Resources At HB Financial Resources, we understand that retirees face many important decisions that can affect their long-term financial success. Member FINRA/SIPC.

Some of these decisions revolve around making investments that will help create a hedge against outliving their income, the impact of inflation, taxation, and rising healthcare costs. Because over ninety percent of our clients are retirees with similar concerns, we are in an advantageous position to approach such challenges with experience and skill. We offer clients complete investment planning u

tilizing stocks, bonds, mutual funds, IRA(s), 401(k)s, SEP's, tax planning, as well as, life insurance and long-term health care insurance. Through strategic alliances with other professionals, we can refer our clients to companies that offer fee-based Asset Management.

4520 Mint Hill Village Lane Suite 106 | Mint Hill, NC | 28227

Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer. finra.org sipc.org. Third-party posts found on this profile do not reflect the views of LPL Financial and have not been reviewed by LPL Financial as to accuracy or completeness. The financial professionals associated with LPL Financial may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.

Recent global developments are beginning to show up in key areas of the U.S. economy, with energy costs leading the impa...
04/20/2026

Recent global developments are beginning to show up in key areas of the U.S. economy, with energy costs leading the impact.

Fuel prices have risen, with the national average reaching around $4.10 per gallon, increasing costs for households and businesses. Broader inflation data has also reflected some upward pressure, particularly in energy-related categories.

Despite these shifts, overall economic growth is still expected to continue, though at a slower pace. Some forecasts suggest growth may ease slightly while remaining positive.

Consumer activity has shown mixed signals. Spending has remained relatively steady, even as sentiment surveys reflect lower confidence.

Looking ahead, factors like energy prices, inflation trends, and central bank decisions may continue to influence the economic outlook.

The Iran war is starting to show up in the U.S. economy in ways both obvious and not so much.

The cost of raising a child in the U.S. continues to rise, reaching a new milestone in recent estimates.A new analysis p...
04/15/2026

The cost of raising a child in the U.S. continues to rise, reaching a new milestone in recent estimates.

A new analysis puts the total cost at approximately $303,000 through age 18, or about $16,800 per year on average.

These figures include everyday expenses like housing, food, and childcare, but do not account for college costs, which can add significantly more over time.

Costs can also vary widely depending on location. Some states saw notable increases, while others experienced slower growth in certain child-related expenses.

While the overall total has increased, some categories, such as early childcare, have shown signs of stabilizing in recent data.

As costs evolve, these trends offer a broader view of how family-related expenses are changing.

Raising a child through age 18 is most expensive in Hawaii, where a family would spend an estimated $412,661 in 2026, LendingTree found.

Private-sector hiring showed modest growth in March, with payrolls rising by 62,000.While that total was slightly below ...
04/08/2026

Private-sector hiring showed modest growth in March, with payrolls rising by 62,000.

While that total was slightly below February’s revised level, it came in above expectations and reflects continued, though uneven, job growth.

Most of the gains were concentrated in a few areas. Education and health services accounted for the majority of new jobs, while construction also contributed. Other sectors saw more limited growth or declines.

Smaller businesses played a notable role, with companies employing fewer than 50 workers leading hiring activity during the month.

At the same time, borrowing costs and broader economic conditions continue to influence hiring patterns, with some industries showing more caution than others.

Private sector employment growth kept pace, but health care and construction continued to provide nearly all the momentum.

NASA has launched astronauts on the Artemis II mission, marking the first crewed journey toward the Moon in more than 50...
04/06/2026

NASA has launched astronauts on the Artemis II mission, marking the first crewed journey toward the Moon in more than 50 years.

The mission will send four astronauts on a 10-day flight around the Moon and back, testing key systems that will support future lunar exploration.

As outlined on page 2 of the release, this mission is designed to evaluate life support systems and overall spacecraft performance with a crew onboard — a critical step before future missions that aim to land astronauts on the lunar surface.

During the mission, the crew will travel tens of thousands of miles beyond Earth, conduct system checks, and complete a planned lunar flyby before returning safely.

This flight represents an important phase in ongoing efforts to expand human space exploration and build toward longer-term missions beyond Earth orbit. 🚀

Spurred by American ingenuity, astronauts on NASA’s Artemis II mission are in flight, preparing for the first crewed lunar flyby in more than 50 years.

Social Security beneficiaries will see a 2.8% cost-of-living adjustment (COLA) in 2026 — an increase that adds about $56...
11/12/2025

Social Security beneficiaries will see a 2.8% cost-of-living adjustment (COLA) in 2026 — an increase that adds about $56 a month on average to retirement benefits.



While the adjustment helps payments keep pace with inflation, it’s also renewing debate over how the annual COLA is calculated. Lawmakers are considering whether to replace the current CPI-W index, which tracks the spending of urban wage earners, with one that better reflects the spending patterns of older adults, such as higher medical and housing costs.



Experts note that changing the formula could slightly alter future adjustments, but it would also impact the program’s long-term finances. For now, the 2026 increase remains near the historical average for COLAs since 1975.



The Social Security cost-of-living adjustment for 2026 will not be a windfall for the millions of beneficiaries who rely on the program's monthly checks.

From the grocery store to the café, everyday staples are getting more expensive, and economists say several key factors ...
11/05/2025

From the grocery store to the café, everyday staples are getting more expensive, and economists say several key factors are to blame.



According to CBS News, global prices for beef, bananas, and coffee have climbed sharply this year. Droughts in South America have reduced crop yields, tariffs have added pressure to import costs, and higher transportation expenses are filtering through the supply chain.



Food inflation now makes up nearly 14% of total consumer price increases, affecting both households and small businesses. Experts say pricing volatility could persist as weather patterns and global trade routes continue to shift.



Americans are paying significantly more for these food staples, price inflation data shows. Will inflation ever relent?

The Federal Reserve cut interest rates for the second time this year, lowering its benchmark rate to a range of 3.75%–4....
11/03/2025

The Federal Reserve cut interest rates for the second time this year, lowering its benchmark rate to a range of 3.75%–4.00%. The move comes as policymakers weigh the economic impact of a prolonged government shutdown and slowing job growth.



The Fed also announced that it will end its balance sheet runoff in December, concluding a multi-year effort to reduce its $6.6 trillion portfolio of Treasury securities and mortgage-backed securities. Two committee members dissented: one favored a larger cut, while the other was against any reduction.



Officials said inflation remains “somewhat elevated” but noted growing risks to employment. Markets are now watching for further signals at the Fed’s December meeting, the final policy update of 2025.



The Federal Reserve on Wednesday released its interest decision following a two-day meeting.

Treasury Secretary Scott Bessent says the U.S. will introduce price floors across strategic industries to counter what h...
10/23/2025

Treasury Secretary Scott Bessent says the U.S. will introduce price floors across strategic industries to counter what he called China’s “nonmarket policies.”



The plan is aimed at stabilizing industries that have struggled with China’s low-cost exports — particularly rare earth minerals, a key component in both defense and clean energy technologies. Bessent also suggested the U.S. could take equity stakes in critical resource companies and build a strategic mineral reserve.



The announcement comes as Beijing tightens rare earth export controls and the U.S. works to reduce supply chain vulnerabilities in national security and manufacturing.



China has driven foreign competitors out of business over the past two decades by using its market dominance to slash prices, Treasury Secretary Scott Bessent said.

Money is one of the top sources of tension in relationships — but experts say even strong couples can stumble if they av...
10/21/2025

Money is one of the top sources of tension in relationships — but experts say even strong couples can stumble if they avoid key conversations.

After studying more than 60 couples, money expert Heather Boneparth found that the happiest partners share five habits:

1. They adapt when circumstances change, rather than sticking to outdated money routines.
2. They don’t dwell on financial regrets or let shame define their decisions.
3. They avoid holding past mistakes over each other’s heads.
4. They focus on shared priorities instead of constant comparison.
5. They stay honest about spending and goals, building trust through transparency.

The takeaway? Communication matters as much as cash flow. Open conversations can help partners align values and expectations — and reduce unnecessary stress around money.

"You can love each other deeply and still allow money to erode your relationship if you're talking about the wrong issues, or not talking at all," writes money expert Heather Boneparth.

Leasing a car? Consider gap insurance to protect against losses that may not be covered by your current policy.
07/11/2025

Leasing a car? Consider gap insurance to protect against losses that may not be covered by your current policy.

If you’re thinking of leasing a new car, then you shouldn’t forget about gap insurance.

All those years of work can add up to a small fortune. What's your strategy for your money?
07/09/2025

All those years of work can add up to a small fortune. What's your strategy for your money?

Estimate how much you have the potential to earn during your working years.

Mortgage lenders consider many personal factors when deciding whether you can afford a home.
07/07/2025

Mortgage lenders consider many personal factors when deciding whether you can afford a home.

With a few simple inputs you can estimate how much of a mortgage you may be able to obtain.

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4520 Mint Hill Village Lane, Suite 106
Mint Hill, NC
28227

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