With 2021 upon us it’s important to be armed with the most up to date information. Here is a handy sheet with all kinds of key financial numbers that can help you determine what your tax bracket is, contribution limits, and even Medicare deductibles. Please feel free to give us a call if you ...
Tax brackets and tax rates have changed. Every year, the tax brackets for taxable income are adjusted based on the rate of inflation. Table 1 illustrates your marginal tax bracket based on taxable income. Table 1: Tax brackets for 2020 The increased standard deduction has simplified filing for many. The standard deduction for married filing ...
1. Review Your Income or Portfolio Strategy Are you reaching a milestone in your life such as retirement or a change in your personal circumstances? Has your tolerance for taking risk changed? We experienced historic volatility this year. The broad-based S&P 500 Index lost over 30% in one month. The sell-off was steep and violent ...
Thank you to all of our clients who joined us for our fall client appreciation event at Peter’s Pumpkin patch! We enjoyed spending the day with those who joined us, so we wanted to share some fun pictures of the day.
About 10,000 Americans are retiring every day! Retirement is on the horizon and I know you’re anxiously awaiting that glorious chapter of your life. But are you really ready? Even if you’ve been saving in your retirement plans for years, there are still some things that you should do to make sure ...
Are you worried about what the election means for your finances? Wondering when the economy will recover? Hoping your finances are prepared? Tune in to our webinar to hear our fiduciary advisors discuss the answers to these questions. Daniel reviewed what occurred in the economy and the stock markets in 2020. Jaimee ...
Achieving your financial goals doesn’t just happen by itself. It takes a plan, implementing the plan, adhering to the plan, and when necessary, adjusting the plan. Simply put, failing to plan is planning to fail. Don’t plan to fail! Nearly everyone will receive Social Security, but Social Security won’t pay all the bills. Only 40% of ...
You may be asking yourself “Do I need a financial adviser?” or “Should I manage my own investments?” These are very common questions. When thinking about this, there are 5 main considerations to help you decide on. Do You Have Time To Devote to Financial Planning? The age old saying goes “Time is ...
By Daniel Carnes Investment analyst, financial adviser Warren Buffet has a saying, “predicting rain doesn’t count, building an ark does.” In the investing world we call this the Noah Rule. Since the 35% drop in the S&P 500 index in February/March of this year, our attitude towards the market fundamentals has been very skeptical. At the time of this writing, ...
Here is some advice that you may want to share with your college-bound kids/grandkids or those already in school. Or you can share with your friends/family who have kids in school. For most incoming students, the freshman year begins in late August or early September. You are about to embark on a new journey. Some ...