March 7, 2024 6:00 am
Published by Ralph Short
This time of year brings about calls for spring cleaning, but those who stay on top of things throughout the year need only to tidy things up a bit. The same can be said for your finances as you prepare for or enter into retirement. Make a ‘To-Do’ List Having...
February 8, 2024 9:00 am
Published by Ralph Short
As people near or transition into retirement, there can be a drastic change in terms of the sources of their income. Inevitably, that also leads to a new landscape of taxes possibly taken out of withdrawals from retirement accounts or from gains realized by cashing in on investments. Consider these...
February 1, 2024 6:00 am
Published by Ralph Short
Rarely does a year go by without changes to the federal tax code and 2024 is no exception. It is important to stay up to date on tweaks to the process with each passing year to put yourself in the best position to help maximize your return or help minimize...
January 25, 2024 3:00 pm
Published by Ralph Short
As we conclude our New Year Financial Readiness Series, let’s focus on investing for a wealthy future in 2024. Strategic investments can pave the way for long-term financial success. Here are key considerations to shape your investment strategy: Review Investment Goals Reflect on your financial aspirations and align your investment...
November 30, 2023 3:00 pm
Published by Ralph Short
We want to bring your attention to a valuable tool that can help you manage healthcare expenses in retirement: Flexible Spending Accounts (FSAs). For those of you who already have an FSA, remember that December 31st is the deadline for spending the funds within that account. For those of you...
October 26, 2023 3:00 pm
Published by Ralph Short
As part of National Financial Planning Month, we’re focusing on a fundamental aspect of successful investing: risk tolerance. Understanding and assessing your risk tolerance is crucial for constructing an investment portfolio that aligns with your financial goals. Here are some tips: Investing with confidence begins with understanding your risk profile....
October 5, 2023 6:00 am
Published by Ralph Short
Happy National Financial Planning Month! This week, we are delving into an important aspect of financial planning: taxes in retirement. Properly managing your tax obligations during your retirement years can significantly impact your financial well-being. Here are some tips to help you navigate this complex terrain: Stay tuned for more...
August 31, 2023 3:00 pm
Published by Ralph Short
“Anyone may so arrange his affairs that his taxes shall be as low as possible, he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one’s taxes.” – Judge Learned Hand – Helvering v. Gregory, 69 F...
August 24, 2023 12:00 pm
Published by Ralph Short
Having a reliable and steady stream of income can be a game changer in one’s retirement, but it is not the only way to provide yourself with an income. Many retirees prefer to invest their money during retirement to continue to grow their assets. There are all kinds of different...
April 27, 2023 3:00 pm
Published by Ralph Short
A secure and steady retirement strategy is what we all desire. However, it is very important to start with a strong foundation! You must consider the 5 pillars of financial and retirement literacy as you create your plan. At Welcome Home Financial Partners, we lead our clients through these pillars...