3 06, 2024

Balancing Business Growth and Retirement Savings: A Small Business Owner’s Dilemma

By |2024-06-03T17:11:26+00:00June 3rd, 2024|

The entrepreneurial spirit burns bright in this country — from innovative tech startups to charming local boutiques and mom-and-pop restaurants, small businesses are the backbone of our community.  But for the passionate visionaries behind these ventures, a constant struggle simmers just beneath the surface: harmonizing the pursuit of business success with the ever-present need for secure retirement savings. While focusing on immediate growth is crucial, neglecting your nest egg can [...]

17 04, 2024

Tax Planning Strategy Guide for Millennials

By |2024-04-17T18:05:12+00:00April 17th, 2024|

Let's face it, taxes aren't exactly the most exciting topic. But for millennials, navigating our complex and somewhat archaic tax code can feel even more overwhelming, especially since this generation is facing certain financial challenges. From gig economy jobs to side hustles, student loan debt, and the desire to save for big goals like homeownership, you've got a lot on your plate financially. That's why smart tax planning is crucial [...]

20 12, 2023

Smart Financial Planning Resolutions to Make in 2024

By |2023-12-21T15:25:06+00:00December 20th, 2023|

It’s that time of year again when millions of people make New Year’s resolutions they have every intention of keeping. Unfortunately, only about 9% actually do.  The key to sticking with it is setting specific and challenging goals that you can pursue passionately. Focusing on smaller goals as stepping stones helps you reach your larger target.  It’s the same when it comes to increasing your financial literacy, making responsible money [...]

28 11, 2023

Tax Planning for Small Business Owners: Tips for Maximizing Deductions

By |2023-11-28T18:30:56+00:00November 28th, 2023|

Running a small business comes with a unique set of challenges, and navigating the complex world of financial planning is undoubtedly one of them.  As an entrepreneur, you strive to run a lean yet thriving operation. So naturally you want to minimize the income taxes flowing out each quarter and year-end. With a smart tax strategy, SMB owners can maximize deductions and keep more of their hard-earned money. In this [...]

11 10, 2023

Maximizing Your Impact: A Financial Advisor’s Guide to the Best Charitable Giving Strategies

By |2023-10-11T14:21:02+00:00October 11th, 2023|

Wealth is not just a measure of financial abundance; it's a powerful tool for positive change.  According to the New York Times, charitable giving rose dramatically in 2020, climbing to a record $471.4 billion. Schwab Charitable™ reported their clients increased donations by 27% in fiscal year 2022 despite the uncertainty of a bear market. One important reason for this trend is the increase in crises such as the war in [...]

20 09, 2023

The Art of Asset Allocation: Balancing Risk and Return in Your Portfolio

By |2023-09-20T15:49:46+00:00September 20th, 2023|

In the world of finance, there's a delicate dance that investors must master — the art of smart asset allocation. It involves the careful selection and distribution of various investments within a portfolio to strike the perfect balance between risk and return.  “Asset allocation” simply refers to how you divide your funds among different asset classes, such as stocks, bonds, real estate, commodities, and cash. The goal is to maximize [...]

24 08, 2023

Retirement Planning for Freelancers and Independent Contractors

By |2023-08-24T15:53:37+00:00August 24th, 2023|

In the ever-evolving landscape of the current labor market, solopreneurs, freelancers, and independent contractors are carving out their paths to success.  You enjoy certain freedoms that traditional employees do not. You can be your own boss, set your hours, choose your projects, and take time off whenever possible.  However, life in the gig economy can sometimes come with a hefty price tag. You likely don’t have an employer matching your [...]

23 06, 2023

Why It’s Never Too Late to Start Retirement Planning

By |2023-06-23T15:01:32+00:00June 23rd, 2023|

Retirement planning is a process that involves making financial arrangements now that help ensure you have a comfortable and secure life whenever you're ready (and able) to stop working.  While it may seem cumbersome or unnecessary initially, the benefits of early retirement planning are innumerable. Regardless of your age or current financial situation, it's never too late to start.  Taking action now can significantly improve your financial security and ensure [...]

6 06, 2023

3 Ways to Demystify IRAs for Small Business Owners

By |2023-06-06T16:19:38+00:00June 6th, 2023|

As a small business owner, your success depends on offering a strong value proposition for your customers and employees. Employer-sponsored retirement plans contribute to a positive company culture, which helps you attract and retain top talent. And the numbers back this up — 68% of workers say pension or retirement plans are a critical factor in staying with a job. 87% of Millennials want to learn more about financial planning, [...]

27 04, 2023

Financial Planning Tips for Small Business Owners

By |2023-04-27T18:29:46+00:00April 27th, 2023|

As every entrepreneur knows, building a successful business takes hard work, dedication, and passion. It also takes a healthy infusion of capital, financial smarts, and savvy risk management. Small business owners are especially vulnerable to inflation, market volatility, natural disasters, and other cost-incurring events — but partnering with a skilled and experienced financial advisor can help ensure your success.  Let’s take a deep dive into some crucial insights and advice [...]