Building a good credit score is key to your financial health. It saves you money, increases your housing opportunities and qualifies you for helpful discounts. Keep these guidelines in mind to make sure your credit cards help (rather than hurt) you and your credit score.
#creditscore #credittips #financialplanning
COMPLETEVIEWFINANCIAL.COM
Build Better Credit With Your Credit Cards: A How To Guide
"Women belong in all places where decisions are being made."
- Ruth Bader Ginsburg ❤️
Outside of mortgages, student loan debt is the largest form of consumer debt – sitting at $1.4 trillion from borrowers across the United States. The average per borrower is $37,172, as of 2017. When taking a look at student loan debt affecting Americans today, here are three major factors contributing to the crisis.
#studentloans #FinancialPlanning
COMPLETEVIEWFINANCIAL.COM
Student Loan Crisis: How Did It Happen? Complete View Financial
While many jobs cover your insurance needs, not all of them do. It’s important to figure out what insurance plans you need and what works best for you and your family.
Choosing an insurance plan can be complicated, so when doing so, try to avoid these mistakes.
#insurance #financialplanning
COMPLETEVIEWFINANCIAL.COM
Insurance: 9 Common Mistakes to Avoid Complete View Financial
Windfalls can be exciting and a saving grace. It could be a $20,000 year-end bonus, a $350,000 commission for closing a sizable sale, or even a $1 million inheritance. Here are four thoughts you’ll want to consider when your windfall occurs.
#Windfall #inheritance #financialplanning
COMPLETEVIEWFINANCIAL.COM
What to do with Large Windfalls? Complete View Financial
Is retirement around the corner for you? There are many things to consider like sequence of return risk, safe withdrawal rates, and future retirement lifestyle. This article navigates the many things to consider before retiring.
#financialplanning #retirementplanning
COMPLETEVIEWFINANCIAL.COM
Could Retiring During a Down Market be a Big Mistake?
Buying a home is exciting – and stressful. When it comes to purchasing your new home, it’s important to be realistic about what you can expect to pay. Beyond mortgage and insurance, there are additional costs all new homeowners need to factor in to their buying budget.
We’ve gathered up 10 hidden costs we believe every new homebuyer should be aware of when it comes to purchasing their next home.
#financialplanning #newhomebuyer
COMPLETEVIEWFINANCIAL.COM
Buying a Home: Explore These Hidden Costs Complete View Financial
The average annual healthcare expense per individual rises from roughly $2,000 for 19-year-olds to about $11,000 for retirees (age 65+). As Americans pay more for medical care, they often seek ways to save for emergencies. Health savings accounts (HSAs) and health reimbursement accounts (HRAs) can help.
#financialplanning #healthcare
COMPLETEVIEWFINANCIAL.COM
Healthcare Expenses: Can an HSA or HRA Help? Complete View Financial
Before it gets too late....It is World Financial Planning Day! I love this profession and count myself lucky that I get to do this for a living.
Three kinds of insurance should find their way into your family discussion to help answer the question: "What happens if the unexpected happens?"
#riskmanagement #financialplanning
COMPLETEVIEWFINANCIAL.COM
Insurance: Protecting Your Family with Unpredictable Income
Given their great returns over the last 10 years, what is our best guess of how the FAANG stocks will do over the next decade? Should we expect an average annual return of almost 35% again?
#financialplanning #investing
COMPLETEVIEWFINANCIAL.COM
Investing in FAANG Stocks: Should You Expect Unexpected Returns?
On Tuesday, October 13, 2020, the Social Security Administration released important facts and figures for 2021 – including cost-of-living adjustments (COLA) for retirees and tax changes for the currently employed.
Social Security benefits will see a 1.3 percent COLA increase in 2021. However, for those still working, the amount of earnings subject to Social Security tax has increased 3.7 percent from $137,700 in 2020 to a maximum of $142,800 in 2021. Read her for the full details.
#SocialSecurity #financialplanning
COMPLETEVIEWFINANCIAL.COM
Social Security Updates for 2021 Just Released Complete View Financial
Some think of insurance as a game of “risk versus peace of mind.” But it’s more than that. Whether your income is stable or unpredictable, what is predictable is that no one is entirely safe from losses. And, whether the losses are in your business, at your home or related to a vehicle, they are all capable of derailing your lifetime financial plans. Read on to learn about the importance of liability insurance.
#financialplanning #riskmanagement #insurance
COMPLETEVIEWFINANCIAL.COM
Liability Insurance: How to Protect Your Assets and Future Income
Are you shocked every time you hear of a celebrity dying without a will or any estate planning documents? They often have a net worth valued in the millions or even billions.
Only 44 percent of Americans have a will! Please do your family a favor and get your affairs in order because no one, no matter how much they have, is immune to an untimely death.
#financialplanning #will #estateplanning
COMPLETEVIEWFINANCIAL.COM
Recent Celebrity Deaths Magnify the Reasons You Should Have a Will
More and more consumers are beginning to understand the Fiduciary rule which is great! Here is a quick guide on interviewing and understanding if your advisor has your best interest.
#fiduciary #financialplanning
COMPLETEVIEWFINANCIAL.COM
What is the Fiduciary Rule and Why You Should Care
Ever wondered how much money you should have saved by now?
Are you on track for retirement? How do you compare to others your age?
This article is a great guide on some basic financial principles to follow decade by decade as you age. We all want a healthy retirement so now is the time to start!
#financialplanning #retirementplanning
COMPLETEVIEWFINANCIAL.COM
A Decade by Decade Approach to a Healthy Retirement
Considering recent mortgage rates have dropped yet again, many homeowners might be considering a refinance. Check out this article to learn all about the costs associated with refinancing your mortgage.
#refinancemortgage #financialplanning
COMPLETEVIEWFINANCIAL.COM
The Cost of Refinancing Your Mortgage
With the 2020 holiday season officially upon us, it’s no surprise that our giving efforts are likely ramping up. And while donating to charities is an integral component of your core values, it can also be an important, strategic play in lowering your tax obligation.
So in honor of Giving Tuesday, here is a great article highlighting some benefits of giving (from a tax perspective).
#GivingTuesday #financialplanning #charitable
COMPLETEVIEWFINANCIAL.COM
Donating to Charity This Holiday Season? Keep This CARES Act Tax Benefit in Mind
We’ve had lots of distractions and uncertainty – compounded by concerns about the economy, the presidential election and the virus.
So, what better tool could we have than a year-end financial checklist to be sure we’re not leaving any money on the table when it comes to taxes and benefits?
December 31 is the deadline for many of the actions you can take to protect your money. And, since some of them can take some time, this is the time to review what options work for you.
#yearendfinancialtodos #financialplanning #taxplanning
COMPLETEVIEWFINANCIAL.COM
Your Financial Year-End To-Do List
You’ve likely heard of a backdoor Roth IRA, but for some looking to maximize their withdrawals in retirement, a mega backdoor Roth IRA may be the way to go.
What is a mega backdoor Roth IRA? Below we’re breaking down what you need to know about this retirement savings strategy.
#megabackdoor #financialplanning #retirement
COMPLETEVIEWFINANCIAL.COM
Trying to Supersize Your Retirement Savings? Consider a Mega Backdoor Roth IRA
You know preparing and saving early is key to reaching your retirement goals – but as someone who makes six figures or more, you may have encountered some roadblocks. Here are several strategies to consider when saving for your retirement.
#financialplanning #savingsgoals
COMPLETEVIEWFINANCIAL.COM
High-Income Earners May Have Trouble Saving For Retirement: Your Guide to Overcoming Some Surprising Roadblocks
Personal finance is much more about “personal” than it is about “finance.”
It’s not about how smart you are or where you went to school. It’s not related to how sophisticated you are when it comes to making financial decisions. It’s much more intimate than that.
It’s about deciding how you want to use your money to buy contentment.
#WhyInvest #financialplanning
COMPLETEVIEWFINANCIAL.COM
What It Takes to Save for Retirement
In anticipation of a new administration, high earners especially are left wondering – how will the Biden presidency affect me financially? Until Biden takes office and begins enacting changes, we won’t know for sure what to expect. But based on his official campaign platform, past interviews and projections, we can better prepare ourselves for the potential changes to come.
COMPLETEVIEWFINANCIAL.COM
What Financial Changes Could High Earners Face During the Biden Administration?
