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Save on Taxes with These 5 Year-End Financial Tips

MainStreet Financial Planning

Maximize Your Retirement Contributions: Enhancing your retirement savings not only secures your future but also offers immediate tax benefits. For 2024, the IRS has increased contribution limits: – 401(k), 403(b), and most 457 plans: You can contribute up to $23,000.

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Your Future, Your Way: Navigating Estate & Retirement Planning as an Investor

Zoe Financial

At Zoe Financial, we’ve seen firsthand how proactive planning with a fiduciary advisor helps individuals protect and grow their wealth across generations. This guide consolidates what we’ve learned to help you refine, update, or pressure-test your current retirement and estate strategy with confidence.

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Avoid Making These Mistakes to Safeguard Your Wealth

WiserAdvisor

Keeping it safe, growing it wisely, and using it to support your future takes careful planning. It plays a crucial role in helping people achieve financial stability, prepare for retirement, and leave a lasting legacy for their families. Yet even the best financial plans can stumble. Yet, many people put it off. The good news?

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Creating and Maintaining Generational Wealth in Retirement

Integrity Financial Planning

However, it is a common goal for retirees to create and maintain generational wealth in retirement. Prior to your retirement years, diversifying your investment portfolio can be a good way to grow your wealth. This can include investing in stocks, bonds, real estate, and other assets. [3]

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Exploring Retirement Housing Options

MainStreet Financial Planning

We speak daily with clients who are contemplating where they might live in retirement. Now is the time to explore various retirement housing options and strategies for aging individuals. From aging in place to retirement communities, consider your individual preferences and needs when choosing the most suitable housing option.

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Understanding the Four Phases of Your Retirement Budget Strategy

Integrity Financial Planning

One way of thinking about retirement is that it happens in phases. Phase 1: Pre-retirement (Approximately Ages 50-62) This is around the age when you will start to have a sense of what you have saved and what your expenses might look like. When you are 20 years old, it can be hard to picture what retirement might look like for you.

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The Money Tasks You’re Avoiding And How To Make Progress (Part 1)

Workable Wealth

Here are a few things to consider: Your income Family size and additional income Existing insurance coverage Net worth Current portfolio and retirement assets Did you just start a family, buy your first or second home, or start your own business? Estate planning is meant to bring confidence, clarity, and peace of mind to your financial plan.