As the saying goes, the only two certainties in life are death and taxes. Unfortunately, both are inevitable and unavoidable. If you plan properly, however, you may lessen the hardship on those you leave behind. Since none of us know when our time will arrive–whether you are 35, 55, or 95 it is important you leave instructions.
You’re getting close to 62, and wondering whether or not you should apply for your Social Security benefits. If you are eligible for benefits, you may begin receiving payments as early as age 62 – but is that a wise decision? At age 62, you would receive only 75% of your benefit amount – a reduction that continues for the remainder of your life.
December brings us the joy of Christmas, but also the beginning of preparation for tax season. Make sure you have done the things you can do to maximize your retirement assets, gain any available tax benefit, and/or avoid any tax penalty that may be linked to those investments.
Just over 1 in 4 of today’s 20-year-olds will become disabled before they retire.1 Over 37 million Americans are classified as disabled – about 12% of the population – and more than 50% of those are in their working years from 18-642.
Very few people could “save” enough for retirement with today’s long life expectancies and earlier retirements. If you just “save” – yet do not have growth that exceeds both income taxes and inflation, you are more likely to run out of money.
Time is money—literally. For a recent graduate, time might also seem like an abundant resource, with many thinking they have plenty of time to save for their future – later. The traps of bad credit and debt snare many unsuspecting young adults and cling to their financial history for years. Here are some financial tips to help those starting out in their independent adult lives whether graduating from high school or college:
As a celebration of this joyous Easter season, and the blessings God has given me in my lifetime, I would like to share some of my favorite words of financial wisdom from the Bible:
Life insurance may not seem like a romantic gift, but it could be the most precious Valentine’s gift you ever gave a loved one should something unexpected happen. It protects from financial loss in the untimely death of an income earner, caretaker, or even a business owner or key employee. Life insurance can play a critical role in a successful financial strategy.
Have you heard of the Stanford Marshmallow Experiment conducted in 1972 by a Stanford University psychologist? In this experiment, children are given a marshmallow and told they would receive a second marshmallow if they could resist eating the first.
107 W Crogan St, Lawrenceville Ga 30046 | (770) 963-3699
