Peter Hafner

CFP®, CWS®
Personal Finance, Retirement, Lifestage Based Planning
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“With over 20 years of experience in the financial industry, Peter Hafner has been helping clients retire when they want, with the income they need.”
Firm:

Hafner Financial Group

Job Title:

Founder, Owner

Biography:

Peter Hafner has always looked at things a little differently than most people. As a young boy, much to his parent’s chagrin, he loved to take things apart so he could see how they worked. From trying to create a perpetual motion magnet machine to a fascination with alternative history and paranormal phenomenon, Peter has never been content to accept the status quo without investigating and questioning it.

Peter founded the Hafner Financial Group in 2007, an independent financial advisory firm after beginning his career with AG Edwards (now Wells Fargo) in 1992. His primary goals in starting the new company were to create a firm primarily focused on retirement distribution planning and ensuring that all clients benefit from excellent personalized service, regardless of the size of their accounts.  His focus on continually building his financial skills has earned him the designations of CERTIFIED FINANCIAL PLANNER® professional and Certified Wealth Strategist® professional. He is also a graduate of the UB School of Management Center for Entrepreneurial Leadership program.

The firm continues to grow as Peter explores new ways to improve client service, to bring more resources to his client base, and to make the firm more efficient and effective so that his clients can benefit. The Hafner Financial Group has been recognized by Business First of Buffalo as one of the Best Financial Planning Companies in Western New York, according to clients' assets being managed.

Peter’s focus on improvement extends to his industry as well. He is past president of the Western New York Financial Planning Association, as well as a board member since 2012. He has also served as acting Chairman of the organization's pro-bono and Public Relations Committees. 

Peter earned a BA in Political Science from the University at Buffalo, with a concentration in History and Math, providing a unique background for investing.  Peter holds the Series 7, Series 24 and Series 63 licenses and is a sought after commenter in local media regarding financial issues. Peter is a lifelong resident of Western New York. He currently lives in Depew with his wife, Kari and their dog Olivia.

Education:

BA, Political Science, State University of New York College at Buffalo

CRD Number:

2251932

Disclaimer:

Securities and investment advisory services offered through NEXT Financial Group, Inc. Member FINRA/SIPC. Hafner Financial Group is not affiliated with NEXT Financial Group, Inc. 

All Articles
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4 days ago
    Stocks, Investing, Financial Planning
2 weeks ago
    Financial Planning, Choosing an Advisor
August 2017
    Investing, Starting Out, Personal Finance
December 2017
    Retirement, Retirement Living
August 2017
    Retirement Savings, Retirement, Personal Finance

All Answers
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    Financial Planning, IRAs
What is an appropriate Roth IRA interest rate for someone who is prepared to save over a lifetime?
20% of people found this answer helpful

That is an interesting question. Especially in today’s low interest rate environment. But to get at an answer that is appropriate for you, I think we need to ask another question. That question is how much volatility are you willing to accept.

There is a relationship between volatility -- or fluctuation in your principal -- and the rate of return you can expect to receive. The lower the chance of fluctuation, the lower your rate. The higher the chance of fluctuation, the higher your opportunity for growth. 

To give you some idea of how your money could grow at various rates, I did several calculations based on the information you provided above.

·       1% would put you over $140,000

·       3% could grow to $250,000.

·       5% would get you over $450,000.

·       7% would be over $875,000.

·       9% would put you in the area of 1.7 million dollars.

As you can see, the difference in return is considerable depending on how much fluctuation you can accept.

If you follow this link, it will provide more information on various investment allocations that might help you figure out what is right for you.

 

** Values are not representative of an actual investment and should not be considered a projection of future performance and are provided for illustrative purposes only. Illustrations do not include fee assumptions and charges inherent in investing. Investments with higher rates of return are associated with higher volatility and a greater risk of loss. **

June 2017
    Financial Planning, Investing
Should I be investing more aggressively at this time?
0% of people found this answer helpful
July 2017