Mike Hainsworth is a seasoned financial professional with entrepreneurship experience. He was the President and CEO of Hainsworth Wealth Advisory in Fort Myers, Florida. His main skills include portfolio management, multi-generational wealth transfer, 529 plans, tax, estate, and insurance planning strategies, as well as high net worth insurance.
A tricky part of managing a startup is figuring out how to manage and partition money. While many famous examples of successful startups have gained publicity for burning through cash, the far more likely reality is that your company will be carefully managing funds to maximize output. But figuring out how to do this while working through all of the other complex tasks necessary for smooth startup sailing is not easy.
Mike Hainsworth, Fort Myers Financial Advisor, Explains Which Comes First – Building The Emergency Account or Paying Down Debt?
When you start the process of getting out of debt and building financial security, some experts will tell you to build an emergency account first. These are funds that are only used in the event of a true financial emergency. Other experts will tell you to wait on the emergency account and to instead pay down your debt. Typically, they want you to pay down credit card debt first. Which expert is correct?
For most people, your 20s are a time for enjoying yourself and for figuring out who you are. You’re not alone if you feel all over the place and you’re unsure of where to go next. In these cases, having clear financial goals is even more important as they can act as a tool to guide you through these years. Fort Myers based, Mike Hainsworth, former CEO of Hainsworth Wealth Advisory, understands that your goals will be different depending on your current situation and where you want to end up, ...
Jun 21, 2019 (Heraldkeepers) -- There are many reasons to hire a financial planner. Maybe you just received a large inheritance and want to use the windfall wisely. Perhaps you just started a business and need some tax planning advice. Or maybe you won the lottery and do not want to squander your sudden riches.
Agile and well-prepared businesspeople can turn their capital around very quickly through a series of high-yield investments. Novice investors can emulate that kind of success by following specific professional investment tips.
Mike Hainsworth, Fort Myers Financial Consultant, Reveals 3 Situations Where Maxing Out Your Retirement Plan May Not Make Sense
If you talk to 100 financial advisors, chances are 99 of them will recommend that you max out your retirement savings if you can. It is hard to argue the tax benefits and long-term potential of a 401(k) plan or quibble with the advantages of a traditional or Roth IRA.
With an international background ranging from Dubai to Fort Myers, Mike Hainsworth is a seasoned and reliable financial advisor with over two decades of experience. Mr. Hainsworth acknowledges that dealing with your finances can be complicated, whether you are trying to set up an IRA, optimize your workplace retirement plan or save for the down payment on your first home. Sometimes you need a little bit of help with those complicated matters...
Mike Hainsworth, Fort Myers Finance Executive, Shares 4 Safe Ways to Invest Money for a Short Period of Time
Mike Hainsworth has been serving clients in the financial sector since 1995 and has a diverse background with international experience. Working as a financial consultant from Dubai to Fort Myers, Mike Hainsworth has a proven track record of managing millions of dollars of assets, minimizing losses and maximizing the transfer of wealth from his clients to their heirs.