Total Financial Health Group

09/05/2026

https://www.linkedin.com/posts/jeffreymcamarda_a-one-percent-advisory-fee-could-cost-you-activity-7456387806085595137-HI08?utm_medium=ios_app&rcm=ACoAADAMYRcBFEAH2m7Cs-jFESCLSg62UhvDIt0&utm_source=social_share_send&utm_campaign=copy_link

A one percent advisory fee could cost you over a million dollars over your lifetime. Here is the question nobody asks after hearing that. The math on fees is real. On a $1 million portfolio earning 7 percent, one percent annually compounds into a significant reduction in ending wealth over 30 years....

30/04/2026

April is

And Most people think their 401(k) is a closed gate until age 59½. But for industrial professionals, the Rule of 55 may help be your retirement bridge to retiring early.

It allows you to span the gap between your final paycheck and your full retirement age—crossing over without burning 10% of your cash on IRS penalties. Here is the structural blueprint you need to know:

🌉 The Bridge Span: Access your current 401(k) years ahead of schedule, penalty-free, if you leave your job in or after the year you turn 55.

🛣️ Penalty-Free, Not Tax-Free: You’ll still pay standard income tax, but you skip the 10% "early access" toll.

🚧 Current Plan Only: This bridge only connects to your current employer’s 401(k). Old accounts don't count unless they were rolled into your current plan first.

🛑 No IRA Detours: If you roll your 401(k) into an IRA the moment you retire, you collapse the bridge and lose this option.

Don't let a "standard" rollover leave you stranded for four more years.

📩 DM "BRIDGE" to connect with an advisor and see if your plan is structured to take advantage of the Rule of 55.

Not every scenario is the same, and this rule may not be best for you. Schedule your call with Me 313-300-7032

28/04/2026

Happy

Take control of your money—one step at a time. 💰

Building a monthly budget doesn’t have to be complicated. It’s simply about understanding where your money is going and making a plan that works for you.

Start with these 5 simple steps:
✔️ Know your monthly income
✔️ List your fixed expenses
✔️ Track your everyday spending
✔️ Set realistic limits
✔️ Adjust as you go

A budget isn’t about restriction—it’s about giving your money a purpose.

👉 Want a simple way to get started? Comment “BUDGET” or message us for a free financial review!

28/04/2026

The department of education in new hands now. Garnishment is the new way to handle student loan debt

The Department of Education recently said it intends to bring the millions of federal student loan borrowers in default back into repayment.

28/04/2026

American septuagenarians hold more than $85 trillion in assets—by far the most of any generation.

28/04/2026

A recent study from Intuit Credit Karma and Harris Poll reveals a troubling trend among Americans today. A significant 78% of people do not feel financially secure, even those who have diligently saved and planned for their future. This widespread insecurity indicates that traditional financial strategies are not providing the peace of mind many seek.

28/04/2026

This could be you...

This couple saved $2.3 million in liquid assets by age 35. Learn the habits, mindset shifts, and money moves that got them there—and how you can apply them.

26/04/2026

The last 10 years before retirement are the most financially important of your life.

Not the first 10. Not the middle.

The last 10.

And most pre-retirees spend them guessing and waiting, instead of executing.

Here's what the Red Zone actually looks like when you're intentional:
🟠 Age 50–52
— Keep taking advantage of your 401K match, but start building tax-free income retirement bucket. Compounding Interest + Time is your friend. Don't wait.
— The Catch-Up Years You can now contribute an extra $7,500/year to your 401K above the standard limit. Do it every year. No exceptions.
— If you're expecting a pension, model your number. Request an estimate, even if it's not exact, it's a start.
— Benefits Review your FEGLI elections. This is your peak income years. Do you need to adjust your election options? Adult children is one of 3 life events where they will allow you to change coverage. Do you have enough coverage for your family? Look at purchasing a policy you own, that will supplement what you have. Make sure it has living benefits.

🟠 Age 53–55 — Gap Assessment Run your first real retirement income projection. Pension + TSP + Social Security. Put it on paper. Where is the shortfall? Answer that question before you need the answer.

🔴 Age 56–58 — If you're a Federal Employee, review your FEGLI elections. If you're married, review Survivor Benefit options. Do a cost benefit analysis and see if the Life Insurance you got at 50 will cover your family? Remember the premium for FEGLI increases every few years.
— Update every beneficiary designation these override your will in ways that surprise families every single year.

🔴 Age 59–60 — Tax Strategy Window At 59½, you can access retirement accounts without penalty. Start modeling Roth conversions. Look at Medicare options before 65. These decisions compound. Quietly. Powerfully.

🔴 Age 61–62 — The Final Countdown Social Security filing strategy. This single decision can be worth tens of thousands of dollars over your lifetime. Model it with a professional, not a calculator.

The Red Zone isn't a warning. It's a window.

Use it well, and you retire with confidence. Miss it, and you spend retirement correcting decisions you can't undo.

Where are you in the Retirement Red Zone right now? If you want to get some guidance on how to prepare, book a call.

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23/04/2026

📣 April is Financial Literacy Month 📣

Financial literacy is not just about saving........it is about understanding the tools available to protect, grow, and support your financial strategy over time.

Life insurance with living benefits is one of those often misunderstood tools.

Here are three key considerations:

• Protection beyond death
Living benefits may provide access to funds in the event of a qualifying illness or health event, helping reduce financial strain during critical times.

• Long-term financial strategy
Certain policies can support tax-free strategies and supplement future income when structured appropriately.

• Education creates control
The more you understand your options, the better positioned you are to make decisions that align with your goals and values.

If you are exploring how this fits into your overall financial picture, I am always open to being a resource or having a conversation.

📩 Feel free to connect with me here or reach out via email at:

313-300-7032

21/04/2026

If you are getting a tax refund, how are you spending it?

Tax season is here, and for many people, that means one thing: a potential tax refund! But before you let that extra cash burn a hole in your pocket, let's talk about lifestyle inflation. It's the silent killer of wealth building, and a tax refund is a prime opportunity for it to strike.

What is lifestyle inflation? It's the tendency to increase your spending as your income increases. You get a raise, you buy a nicer car. You get a bonus, you take a more expensive vacation. It feels good in the moment, but it can trap you in a cycle of living paycheck to paycheck, even as your earnings grow.

A tax refund feels like "free money," making it especially dangerous. It's tempting to use it for that big purchase you've been eyeing, a well-deserved treat after a year of hard work. But what if you could use that refund to build a more secure financial future?

The quote at the beginning of this post is a powerful reminder that wealth isn't about how much you make, it's about how much you keep. It's about breaking free from the treadmill and building real, lasting financial freedom.

So, this year, instead of succumbing to lifestyle inflation, consider using your tax refund strategically:

Build your emergency fund: A solid emergency fund can protect you from unexpected expenses and give you peace of mind.

Pay down high-interest debt: Freeing yourself from debt is one of the single best moves you can make for your long-term financial health.

Invest in your future: Contribute to your retirement savings or open a brokerage account to start building your wealth.

Breaking the cycle of lifestyle inflation takes conscious effort and a change in mindset. But the rewards – a life free from financial stress, the ability to achieve your true goals, and the confidence that comes with financial security – are more than worth it.

So, this tax season, ask yourself: are you going to stay on the treadmill, or are you ready to take control of your financial future? Choose wisely