Choosing a financial advisor is a big decision. Knowing what services they provide, how they charge, what their qualifications are and what to expect int he working relationship are important things to understand before making a commitment.
Your tax refund is money that you worked for and earned. Don't waste it. Putting those extra funds to good use can have a significant long-term impact.
Taxes don't stop once you reach retirement. In fact, they often become more complex given your various sources of income. But good tax planning should start well before retirement to understand how to minimize (legally) your tax burden.
2022 had a lot of implications of our money. A volatile market, inflation, rising interest rates and more. With everything that occurred, the new year is the perfect time to review your retirement plans and familiarize yourself with several IRS changes such as tax bracket adjustments, social security increases, IRMAA adjustments and more.
The first half of 2022 has been a challenging one for many. Inflation, volatile stock markets, rising interest rates are just a few things that have been impacting peoples lives. The slower summer months are a great time to check in on your finances and review any adjustments that need to be made.
Practicing good financial habits can be difficult. Which is why it is necessary to have a reason that is bigger than just financial. Your "WHY". Security for your family, leaving a legacy for your children, enjoying financial freedom. These are just a few examples of personal WHY's that are deeper than just having more. What is your WHY?