Hance Financial, LLC

Hance Financial, LLC We help families optimize their resources to become financially independent. Cambridge and Hance Financial, LLC are not affiliated.

Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Content provided via links to third party sites should not be considered an endorsement of content, which we cannot verify completeness or accuracy of. We make no representation as to the completeness or accuracy of information provided at these websites.

Planning to retire before Medicare? Bring your coverage dates, quotes and budget together in one place.Begin with your p...
10/09/2026

Planning to retire before Medicare? Bring your coverage dates, quotes and budget together in one place.

Begin with your proposed retirement date. Then assemble a written record you can use when reviewing how to cover the period before Medicare.

- Confirm your Medicare eligibility and expected coverage start date.
- Write down the coverage you expect to use between retirement and that date.
- Gather actual quotes for your household and location.
- List questions about how planned retirement income could affect marketplace assistance. Check current rules before relying on an estimate.
- Prepare an annual healthcare budget for the periods before and after Medicare begins.

Look over the record together: are the dates, quotes, budget estimates and unanswered questions recorded in the same place? Separate confirmed details from assumptions that still need review.

This is preparation for a coverage decision, not enrollment instructions or confirmation of financial assistance. The written outline gives you specific questions to discuss without treating an estimate as a final answer.

Read the article for the coverage options behind this preparation checklist: https://bit.ly/4AVdNNZ

Thinking about retiring before Medicare? Start by writing down how you would cover the time in between.Before choosing a...
10/08/2026

Thinking about retiring before Medicare? Start by writing down how you would cover the time in between.

Before choosing a coverage route, give the household a clear starting point: your proposed retirement date. Then gather the information needed to describe the period ahead.

- Confirm your expected Medicare coverage start date for your circumstances, and identify the period between retirement and that date.
- List the routes to investigate: marketplace insurance, COBRA, a spouse’s employer plan or employer retiree benefits, where available.
- Gather current quotes for your household and location. Check whether your current doctors participate in the plans you are considering.

At the end, your outline should show the coverage period, the possible routes and the questions you still need answered. Keep those questions beside the option they relate to.

This is preparation for a coverage decision. It does not enroll you, confirm eligibility or recommend one route for your household. Confirm the actual coverage, costs and requirements before relying on an option.

Read the article for the coverage routes to explore before Medicare: https://bit.ly/4zdeUHg

Looking at an example of health coverage costs before Medicare? Check the household details behind the numbers.Use the w...
10/06/2026

Looking at an example of health coverage costs before Medicare? Check the household details behind the numbers.

Use the worked illustration in the article as a reading exercise. Start by identifying its assumptions, then note which details you would need to verify for your own household.

- Identify the ages, location and planned retirement date in the example.
- Trace the periods covered by COBRA and marketplace insurance, including the transition.
- Separate premiums from assumed financial assistance. Flag assistance for current eligibility verification.
- Note the income and withdrawal assumptions, including the Roth-account assumptions.
- Check the months or years represented by each cost before interpreting the total.

When you finish, you should be able to name the household details, time periods and financial assumptions behind the illustration.

A worked example is not a personal quote or a verified client result. Reading it does not establish your eligibility, current price or withdrawal strategy. Keep your own quotes and circumstances separate from the illustration as you prepare questions for review.

Read the article’s worked example and check the assumptions behind it: https://bit.ly/4hKkgTm

Comparing health coverage for early retirement? Put the details beside each option before choosing.Start with the covera...
10/01/2026

Comparing health coverage for early retirement? Put the details beside each option before choosing.

Start with the coverage routes your household can investigate. For each one, gather the plan details and note what you still need to confirm.

- Request marketplace quotes. Note the premium, deductible, out-of-pocket limit, and whether your doctors are in-network.
- Ask your benefits administrator for the full COBRA premium and the date coverage would end.
- Check a spouse’s employer plan for the added cost, coverage details, and what would happen if your spouse changed jobs or retired.
- If your employer offers retiree benefits, request written eligibility, cost, and coverage-start information.

Your comparison is ready for discussion when each available option has its details beside it and missing information is marked for follow-up.

These checks prepare a comparison; they do not establish eligibility or select a plan. Use current information for your household, and keep questions about availability and cost open until the relevant provider or administrator answers them.

Read the article for the coverage routes and trade-offs behind this comparison: https://bit.ly/4xSDzzO

09/17/2026

The Hance Financial team is at the Cambridge Ignite conference in Florida this week! 😊

MyXee, Evan, and I are spending three days learning alongside advisors from across the country — new planning tools, strategies, and what's ahead in our industry.

Conferences like this aren't time away from our clients. They're for them. Everything we bring back becomes better planning, clearer answers, and stronger service for the families we work with.

More soon — for now, learning, connecting, and grateful to do it as a team.

Bracket creep is the quiet one. It shows up after the plan is already running.The withdrawal order gets set in year one....
09/11/2026

Bracket creep is the quiet one. It shows up after the plan is already running.

The withdrawal order gets set in year one. Required distributions arrive years later, on a schedule you do not choose.

By then the order is habit. The income is stable. And the tax picture has moved underneath it without anything visibly changing.

It compounds quietly. Leaving the tax-deferred account untouched through the early low-income years means a larger balance when the requirement arrives — and a larger forced withdrawal against it, in years when other income has usually started too.

This is the failure that does not announce itself. There is no bad month, no bad decision, no moment where something clearly went wrong. There is only a plan built for one year, running in a retirement that lasts thirty.

When was your withdrawal order last looked at against the whole retirement rather than this April?

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Everything requires balance, and most things drift out of it without anyone deciding they should.That is true of a portf...
09/09/2026

Everything requires balance, and most things drift out of it without anyone deciding they should.

That is true of a portfolio. It is true of a week.

I was reminded of it reading about fin whales returning to Antarctic waters. They were hunted almost to nothing — more than 700,000 killed in the southern hemisphere before the ban came in 1976. A few years ago researchers documented large groups feeding again near Elephant Island, in the same grounds their ancestors used.

What stayed with me is what their return might do. Whales feed at depth and release nutrients near the surface. That feeds the phytoplankton, which feeds the krill, which feeds a great deal else. Researchers think a recovering population could enrich the whole system that way. Not proven yet. But nothing dramatic had to happen — one thing came back to its place, and the rest slowly followed.

Rebalancing works the same way. You are not fixing a crisis. You are putting proportions back where you meant them to be, and letting everything downstream of that settle.

Looking at everything going on in your life right now — what has drifted, and what would you put back?

The question that separates a real plan from a portfolio.A portfolio answers what you own.A plan answers what you spend ...
09/07/2026

The question that separates a real plan from a portfolio.

A portfolio answers what you own.

A plan answers what you spend first, in what order, and what changes when the year does not go the way the model assumed.

Here is how to tell which one you have. Ask how your withdrawals are coordinated across your account types. If the answer names the account types, explains the order, and refers to tax thresholds, you have a plan. If the answer describes your holdings and how they are allocated, you have a portfolio.

That is not a failure. It is just a different thing than the one most people think they are buying.

Most people find out they had a portfolio when they needed a plan. The question is cheaper to ask now.

Read the seven-question evaluation framework on the Hance Financial blog at https://bit.ly/4wZhOOq.

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A short introduction, for anyone new here.I work with families who are a few years out from retirement and holding money...
09/05/2026

A short introduction, for anyone new here.

I work with families who are a few years out from retirement and holding money in several different places — a workplace plan from one job, another from the next, a brokerage account opened somewhere in the middle, a Roth added later. The work is turning that into an income they can count on, drawn in an order that makes sense.

Most people arrive with the saving half solved and the spending half barely asked about. That is not carelessness. No one hands you that second question until the paychecks stop.

A lot of my conversations right now are about education funding — how to help a child or grandchild through school without moving your own retirement date. That is the season.

Outside the office, the answer is family. That is also the reason any of this matters to me. The planning is not the point. What it makes room for is.

If you have a question, my inbox is open.

Send me a message, or read more at https://bit.ly/4xzCduh.

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3600 American Boulevard W Suite 120
Bloomington, MN
55431

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