Wayne Firebaugh, Inc.

Wayne Firebaugh, Inc. Firebaugh On Finance with Wayne Firebaugh is a live radio show airing weekday afternoons 6-7p on FOX Radio 910 (Roanoke, VA).

---Office in downtown Roanoke ---

Wayne serves as a financial advocate for his clients. He works with them to provide the knowledge, perspective, and accountability that they need in order to make wise financial decisions. In financial planning, there is no right or wrong decision, only appropriate or inappropriate decisions based on your financial goals. Wayne’s role is to ensure your decisions

are appropriate for reaching your goals. Many investors view risk as a loss of principal, but that’s often not the most dangerous aspect of an investment plan, and misunderstanding these true risks creates fear because it increased the possibility of running out of money during retirement. Wayne sees it as his role to listen to those fears, educate on the facts, and create a plan that allows people to confidently move forward and find success. Wayne’s passion is illustrated in his company logo. An acorn represents a small savings that, when given the time and proper attention, can provide the fruits of your labor for years and years to come. Wayne gives you the peace and sense of purpose to think of your money as something that provides choices, rather than constraints.

Have you heard of the term “thematic investing?” Swipe for a quick overview ↩️Interested in diving deeper into thematic ...
07/25/2024

Have you heard of the term “thematic investing?” Swipe for a quick overview ↩️

Interested in diving deeper into thematic investing? We're here to discuss how these trends can complement your portfolio and answer any questions you might have. Feel free to reach out — that’s what we are here for!

Are you looking to attract and retain the best talent? With the average employer match standing at an impressive 4.8%, o...
07/15/2024

Are you looking to attract and retain the best talent? With the average employer match standing at an impressive 4.8%, offering a 401(k) plan with matching contributions is key to staying competitive! Here’s why 👉

If you would like to discuss 401(k) options, do not hesitate to reach out! We’re here to help you build a brighter future for your team.

Did you know that making a small tweak to your 401(k) plan could massively boost employee participation? Automatic enrol...
07/08/2024

Did you know that making a small tweak to your 401(k) plan could massively boost employee participation? Automatic enrollment is a game-changer, with a National Bureau of Economic Research study showing an 80% increase in worker 401(k) participation after the implementation of automatic enrollment 📈

Keep reading to learn more about best practices when implementing automatic enrollment. And remember, by making participation the default option, you’re not just helping employees save for retirement; you’re also helping them invest in their future selves without the extra hassle.

Contact us if you have any questions!

Happy Independence Day! As financial advisors, we think there’s no better way to celebrate this day than by sharing an o...
07/04/2024

Happy Independence Day! As financial advisors, we think there’s no better way to celebrate this day than by sharing an overview of the numbers that shape our celebratory experiences:

🍴$9.5 billion - The estimated amount Americans spent on 4th of July food in 2023 — about $93.34 per person.
🌭 150 million - The number of hot dogs consumed each 4th of July — enough to stretch from D.C. to L.A. more than five times. It’s also the number of American flags sold in the U.S. each.
📺2 million - The number of people who tuned in to watch 2023 Nathan’s Famous International Hot Dog Eating Contest champs Miki Sudo and Joey Chestnut consume 102 hot dogs combined.
🍻$3 billion - The estimated amount of dollars Americans spent on beer and wine for the Fourth of July in 2023. If you partake, just remember to enjoy responsibly!
🎇$2.3 billion - The total U.S. consumers spent on fireworks in 2023.
🚗50.7 million - The number of people who traveled 50+ miles from home for the 4th of July, up 4% from 2022.

Whether your day includes travel, hot dogs and hamburgers, fireworks — or something else entirely — we’re wishing you a day filled with fun and relaxation!

Many of us have heard the acronyms “CPI,” “PCE, and “PPI” a lot over the last several years, especially during the Feder...
07/01/2024

Many of us have heard the acronyms “CPI,” “PCE, and “PPI” a lot over the last several years, especially during the Federal Reserve’s historic rate hike campaign. But do you know what these terms mean?

If not, you’re far from alone. We’ve talked with countless others who, often quietly, acknowledge they don’t really understand what these three acronyms mean.

To help, we’re defining these terms for you all today. Have questions? Reach out to our team of experts anytime. That’s what we’re here for.

Today, on National Family-Owned and Operated Business Day,  we can't help but reflect on our journey thus far. Our famil...
06/23/2024

Today, on National Family-Owned and Operated Business Day, we can't help but reflect on our journey thus far.

Our family-owned business would not be here without the dedication of our entire team and the loyalty of our wonderful community.

Thank you to each of you for your support. We invite you to celebrate with us today by sharing another great family-owned and operated business in the comments! Let’s spread the small business love today and every day ❤️

Summer is known for exciting week-long family vacations or camps, but those in-between, “normal” days can be just as mem...
06/08/2024

Summer is known for exciting week-long family vacations or camps, but those in-between, “normal” days can be just as memorable.

With that in mind, we’re sharing a few fun family activities for the next time you hear that all-too-common refrain: “I’m bored…”

Swipe for some family fun inspiration ➡️ Have any other ideas? We’d love to crowdsource a list – feel free to drop your ideas in the comments.

As of May 28, 2024 (known as Trade-Plus Day), the U.S. is transitioning to a T+1 settlement cycle for stock trades and o...
06/03/2024

As of May 28, 2024 (known as Trade-Plus Day), the U.S. is transitioning to a T+1 settlement cycle for stock trades and other securities. This change ensures faster, more efficient transaction processing.

Swipe through the carousel for an overview of what this means for investors ➡️As always, if you have any questions or require assistance in adjusting your investment strategies, please don't hesitate to contact us. We’re committed to supporting you through these changes.

🇺🇸 This Memorial Day, our office will be closed as we pay our respects to the brave men and women who made the ultimate ...
05/27/2024

🇺🇸 This Memorial Day, our office will be closed as we pay our respects to the brave men and women who made the ultimate sacrifice for our freedoms. We invite you to join us in this important and solemn remembrance.

Should questions or needs arise while we are out office, our team will address them when we resume regular business hours on Tuesday, May 28.

Giving to causes you care about not only supports impactful organizations but also brings financial and estate benefits....
05/22/2024

Giving to causes you care about not only supports impactful organizations but also brings financial and estate benefits.

Swipe through to explore smart ways to enhance your charitable giving! From donating appreciated assets to strategic timing with donor-advised funds, there are many paths to impactful generosity.

Reach out with questions or to discuss more about charitable giving. Our team is always ready and willing to help.

Are you on track for a comfortable retirement? It's time to rethink the old $1 million savings goal and adapt to today's...
05/10/2024

Are you on track for a comfortable retirement? It's time to rethink the old $1 million savings goal and adapt to today's economic realities. Here are three key points to consider:

🌍 Location Matters: Your retirement destination can greatly affect how long your savings last. For example, $1 million could last about 22.7 years in Mississippi, around 19.8 years in North Carolina, but just over a decade in Hawaii. With average retirement lengths of 18.6 years for men and 21.3 for women, choosing the right location is crucial.

🤔 Define “Comfortable”: What does a comfortable retirement mean to you? A serene life in a small town or an adventurous journey around the globe? Your vision of retirement significantly influences your financial needs.

💰 Stay Consistent: Whether retirement is just around the corner or years away, regular contributions to your savings, no matter how small, can make a big difference over time.

With proper planning and expert advice, you can tailor your investments to fit your retirement dreams. Unsure if your current plan is on track? We’re here to help refine your strategy. Reach out for a chat – let's make your golden years truly golden!

As the season changes, it's the perfect opportunity to give your finances a thorough "spring clean." Here's how you can ...
04/19/2024

As the season changes, it's the perfect opportunity to give your finances a thorough "spring clean." Here's how you can refresh and rejuvenate your financial health:

📊 Review and Refresh Your Budget: Take a moment to scrutinize your current budget. Have you had changes in your income or expenses recently? If so, you should ideally tweak your budget to mirror these changes

💳 Declutter Your Expenses: Dive into your monthly spending. Are there any non-essentials you can trim? Perhaps those subscriptions you no longer use or memberships you forgot you had? Even small habitual expenses can add up — let's cut them out!

🏦 Consider Consolidation: Juggling multiple credit card accounts? Consider consolidating them to simplify the debt repayment process, reduce any unnecessary fees, and, in some cases, lower interest rates.

🎯 Update Your Financial Goals: Reflect on your financial ambitions, both short-term and long-term. Are they still in line with your current aspirations? Adjust and set actionable steps to reach these refreshed goals.

📈 Check Your Credit Report: Ensure everything on your credit report is accurate and current. Any discrepancies? Report them straight away, as they can impact your credit score and future credit opportunities.

Remember, organizing your finances is not a one-time task; it's an ongoing journey. If you have questions about these tips or your investments, feel free to reach out – our team is here to provide you with holistic guidance.

Address

111 Campbell Avenue SW
Roanoke, VA
24011

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