Whether you’re saving, investing, spending, bequeathing or receiving wealth, there’s scarcely a move you can make without considering how taxes might influence the outcome. But how do we plan when we cannot know? The particulars may evolve, but it seems there are always an array of tax breaks to encourage us to save toward our […]
3 Steps of Tax Planning in Turbulent Times Read More »
Assessing Your Financial Goals for 2023 For many, the turn of the new year is a time to self-reflect and make resolutions. There’s no better time to assess your financial goals for the new year and beyond by following proper financial goal-setting practices. Setting short-term, midterm, and long-term financial goals is important to becoming financially
2023 Personal Financial Calendar Read More »
Every year, LTC Awareness Month rolls around just in time to get sideswiped by elections, holidays, and football. Here at PlanSimple, we focus on one of the biggest drivers towards a successful retirement plan, which is managing the cost of care. Most of us have seen it first hand, the nursing home that costs more
Long-Term Care Awareness Month Read More »
Social Security benefits will go up 8.7% in 2023, the largest adjustment in four decades. Here’s why you don’t need to rush to file to benefit from the increase. With all the talk about inflation these days, you may have heard the news that the 2023 cost-of-living adjustment (COLA) for Social Security benefits is 8.7%,
Should You File for Social Security Early to Capture the Inflation Adjustment? Read More »
Investing makes it possible for many of us to achieve important lifetime goals, such as retirement. That’s why we employ an investment approach based on more than nine decades of data, analysis and research, insights from behavioral finance, and close relationships with leading academics. There are four key concepts that play a vital role in
4 Steps to an Effective Portfolio Read More »
Common Financial Planning Mistakes There are a lot of moving parts to your financial world. Hopefully, you’ve checked all of your boxes and addressed every single financial planning need that exists. But, in the event you want to double-check your progress, I highly suggest starting with the below areas of planning that we have found
Don’t Fall Victim: Common Financial Planning Mistakes Read More »
This past week, one of the largest asset management companies in world agreed to a settlement topping $6 million. This comes on the heels of being called out on the carpet earlier this year via class-action lawsuit, which was driven by the company’s decision to sell off a considerable amount of assets in their Target
Target Date Funds: Friend or Foe? Read More »
Fact: There are over 30 million privately-held businesses (the majority of which are sole-proprietors) in the United States according to a 2019 SBA study1. Fact: There are almost 60 million people employed by those small businesses (defined as 500 or less employees) in the United States. Fact: 100% of business owners will exit their business, whether
WHEN IS THE RIGHT TIME TO EXIT A BUSINESS? Read More »