Whether you have been a self-employed professional for years, or you’ve recently become self-employed, the success of your business is in your hands. You need to take advantage of whatever assistance is available, and this includes lowering your tax bill.
By Joe Globensky, RFC® As a financial advisor and small business owner, I know firsthand how my knowledge and experience has helped our company. But if you have your own small business, you might not realize the value a financial advisor can bring to...
There’s no greater freedom than owning your own business. You set your hours, control the direction of the company, and enjoy a great sense of satisfaction in building something from the ground up.
As a financial advisor helping clients with their Medicare decisions, I’m frequently asked if they need to enroll in Medicare while working. When I provide the answer, I’m often met with, “Well, that’s not what my friend said.” And that isn’t surprising.
When you hear the term “risk” in a conversation, your heart may skip a beat. The thrill of doing something risky can be very tempting for some people. I have a niece who wanted to experience sky diving. I thought, good for her! But I knew that thrill wasn’t for me. When it comes to your money, the term “risk” may cause a different type of excitement. For some, it may be downright scary. In financial planning, the phrase “risk tolerance” is one of the many pieces of financial jargon that is often misunderstood. Let’s shed some light on risk tolerance and why it’s important to know yours.
As the American population ages, we can count on two things – the likely increase in cognitive impairment and the increased instance of, and losses from, financial fraud against the elderly.
Recently I read a few articles addressing increases in the amount of debt held by retirees. Carrying debt into retirement isn’t necessarily a bad thing if you have enough cash flow to pay your bills and live comfortably. However, increasing debt levels could derail an otherwise well-planned retirement. Let’s talk about some common causes of debt and how to manage debt in retirement.
When you’ve got financial questions, the internet probably has some answers. Your friends and family may also offer advice. But is any of that advice right for you and your situation?
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