This New Year, Give Thanks – And Get Started

This New Year, Give Thanks ΓÇô And Get Started Header ImageLet’s face it: there’s always something more you can be doing for your finances. Whether it’s saving more, planning for a goal, or budgeting better, there’s probably some area of your financial life that could see improvement.

But this New Year’s, stop and give thanks – not only for what you have, but to yourself for what you’ve already done. After all, if you’re reading this, you’ve probably already taken steps to help ensure your family’s financial well-being.

Take stock of what you’ve accomplished in the past year. How does your financial situation compare to last December’s? Where have you made progress and what are you proud of?

Only after you’ve given yourself credit for what you’ve done so far should you set your priorities for 2017.

This year, we covered a lot of topics in our investor education center. If you’re ready to get a head start on financial planning in the New Year, take a look at a few of our greatest hits for people across a number of life stages.

This New Year, Give Thanks ΓÇô And Get Started Info Image

For retirees

Are you transitioning into retirement? If so, you’re probably thinking a lot about Medicare. Read about how to choose the right Medicare plan for you to help you make the most of this important program.

Of course, for many retirees, income streams and financial security are front and center. Read up on building diversified income streams to help you weather the best and worst that life can bring. That includes longevity, a wonderful but serious financial issue that too few retirees truly appreciate.

You might also be concerned about taxes in retirement. Learn about the open secret of retirement tax planning and how to minimize your tax burden.

For those saving for retirement

Have you wondered whether you should have a Roth IRA? Click here to learn about this special retirement savings account and how to use it.

If you want to save more on taxes in the future, take a look at this article about how your home can help. You may also want to take advantage of ways to reduce taxes in your investment accounts.

For parents

If you’re getting ready for the college applications process, you might be thinking a lot about financial aid. Learn about how to improve your chances of receiving aid and where to start when it comes to the world of tax-advantaged college savings.

If you already have a 529 plan or want to open one, don’t forget to read up on how to invest these powerful accounts.

For everyone

We think financial planning is a key part of life, no matter who you are.

After all, in this day and age, most of us are concerned about improving our financial security and helping our kids achieve independence and financial maturity. A lot of times, people take the burden on themselves, but sometimes it can be really helpful to speak with a professional.

If you’re looking to move forward into the New Year with confidence, consider speaking to a financial advisor about your individual situation. We offer complimentary consultations to all new potential clients, and we’d love to help you start the 2017 on the right foot.

Let Us Help!

We can discuss this topic and more at a complimentary appointment. As a bay area retirement planning coaches, we can give you a review and make suggestions based on your retirement objectives.

This New Year, Give Thanks ΓÇô And Get Started Infographic

  • 1 What Does Your Older Parent Know About Investing Header ImageWhat Does Your Older Parent Know About Investing?
    If you have elderly parents, there’s a decent chance that they have investment accounts. In fact, investment in equities has fallen for every age group since the financial crisis – except for the elderly, where it’s ticked up just slightly. Today, 54% of Americans over age 65 own stocks in their investment accounts. This adds a potential challenge to helping older parents manage their money. After all, balancing risk and reward – not to mention current income and future growth – takes a little more prudence and planning than balancing the monthly budget. Here’s how you can help.
  • 5 Dont Forget to Have This Critical Family Meeting Header ImageDon’t Forget to Have This Critical Family Meeting
    In many families, there comes a critical moment when a loved one steps in to help another family member with a financial issue. This help might be monetary, like a financial gift or loan, but it doesn’t have to be. Help could take the form of securing death benefits for a newly widowed sister, or practical assistance in keeping a cousin’s household running during a severe illness. It could mean coordinating income distributions and paying bills for an elderly parent, or helping a child or grandchild navigate their first 401(k). These situations often take us by surprise, and that’s normal. But you can help minimize their impact by having a crucial family meeting: the family-wide financial check-in.
  • 4 The Secret to a Lasting Financial Legacy Header ImageThe Secret to a Lasting Financial Legacy
    If you are one of the many people who have dreamed of giving your children and grandchildren a leg-up financially, you might have assumed that you need to have significant wealth to make a big difference. It’s common to imagine that trust funds, mansions, and names like “Rockefeller” are prerequisites when the word legacy is involved. But helping provide for future generations isn’t confined to the wealthy. Individuals at any income level can positively impact the lives of their descendants far more than they imagine. You don’t need millions, but you do need a plan.