By Jonathan Harner, CFP® Imagine a moment…a moment you have been thinking about, dreaming about (perhaps dreading) for 20, 30, maybe even 40 years. You punch out for the last time, walk out to your car, and drive off the lot. It’s your last day of work. Immediately, you are confronted with an overwhelming number …
What’s the Best Way to Maximize Your Spirit Aerospace Pension? Read More »
By Jonathan Harner, CFP® We can’t escape the inevitability of being taxed on our income. However, the tax bucket strategy can help you more precisely plan what percentage of your income you put into each of the buckets—and, therefore, how and when your income is taxed. The three buckets to think about when choosing where …
By Jonathan Harner, CFP® When it comes to investing, it’s often said that diversification is key to financial success. But have you ever wondered how much stock from a single company is safe to own? It’s a question many investors grapple with, balancing the potential for high returns with the risks of overexposure. Let’s explore …
By Jonathan Harner, CFP® Retirement is like the ultimate prize at the end of a long, hard-fought race. But how do you know when you’re ready to cross the finish line? And once you do, how much can you spend to live the life you’ve always dreamed of? Previously, it was widely believed that a …
When Can I Retire & How Much Can I Spend to Live a Comfortable Life? Read More »
By Jonathan Harner, CFP® We all need to invest for our future, but knowing the right choices to make can be overwhelming for the average investor. Whether you choose to purchase stocks and bonds, contribute to a retirement account such as a 401(k), or place your money in real estate, there are rules to investing …
By Jonathan Harner, CFP® Maintaining health in retirement comes with significant costs, and it’s crucial to plan for them in advance. Many people underestimate the expenses and level of care they’ll need, including supplemental Medicare plans and long-term care. However, with wise investment decisions and proper planning, you can reduce the uncertainty and better prepare …
By Jonathan Harner, CFP® Planning for the future is something most people know they should do, but they might not know exactly what to do—or how to get started. This is where financial planners can add significant value. We can assess your current financial situation, identify long-term goals, and create a path toward success. But …
By Jonathan Harner, CFP® Nearly everyone would say they want to increase their wealth and reduce their tax burden. Yet in order to make this real, it’s important to take a proactive approach and develop an ongoing tax strategy. One way to do this is to stay up to date on changes in tax law …
By Jonathan Harner, CFP® There’s no way to sugarcoat it: 2022 was a tough financial year for nearly every part of the economy. Inflation and gas prices have been high while the stock and bond markets have been lower. To make matters worse, many people are worried about slower economic growth in the near future. …
By Jonathan Harner, CFP® Once you reach a certain age, you may be required to withdraw money from your retirement savings accounts, even if you don’t need the cash flow. These required minimum distributions (RMDs) impact your financial planning and—more importantly—your tax obligations. But giving your RMDs to charity can be a great strategy because …
Why Sending Your RMDs to Charity Might Be a Great Financial Strategy Read More »
