How The Sandwich Generation Can Take Control Of Their Finances

Apr 16 2021

How The Sandwich Generation Can Take Control Of Their Finances

Do you feel like you are stuck between caring for your aging parents and supporting your children? If so, you’re part of the sandwich generation, and you’re not alone.

According to Pew Research Center, nearly 12% of parents fall into this category—mounting stress and bills at a rapid rate. The same study also found that people in the sandwich generation experienced more financial and emotional challenges than those who were not part of that group.

Intergenerational finances bring immense challenges like navigating your financial health and also carrying the financial

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Creating A Strong Tax Planning Strategy Can Save You Thousands, Here’s How

Apr 08 2021

Financial planning can feel a bit ambiguous at times. There are quite a few assumptions that need to be made about your financial future. What will your income and expenses be in retirement? What growth rate can you assume in your portfolio? How much of your income will social security really replace?

While you may not be able to control everything about your financial situation, there is one area where you can take charge immediately.

Taxes.

Proactive tax planning can instantly elevate your overall financial plan.

Here’s how.

Tax Preparation vs. Tax Planning

It is very common for people to

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Empty Nesters, Is It Time To Downsize?

Mar 15 2021

Empty Nesters, Is It Time To Downsize?

You have just come to grips with the fact that all of your children have moved out. After the initial lifestyle shock (and maybe a few tears), you might be thinking “Do we really still need this big house?”

While downsizing your home can be an attractive option, you’ll want to go in with both eyes wide open. Here’s what you need to think about before calling the real estate agent.

Consider Your Retirement and Lifestyle Goals

As you approach retirement, you should consider the impact that downsizing will have on your life.

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How To Balance Saving for Tomorrow and Living For Today

Mar 01 2021

Striking a balance between spending your money now and saving for the future is certainly harder than it sounds. How do you know if you are on track to reach your goals? What does “on track” even mean?

Here are 5 tips to help you enjoy your money today while also setting yourself up for the future!

Prioritize Living Wealthy Today

No, that doesn’t mean you need to go buy a private jet or a yacht!

Ask yourself, what does it mean for you to live a fulfilling life? Does it mean living near the city so you can …

Here’s Why You Should File Your Taxes Early This Year

Feb 01 2021

Early spring brings bright sunshine, blossoming blooms, tax bills, and plenty of beads and trinkets. In New Orleans, Mardi Gras, unfortunately, coincides with tax season, and tax filing.

Income tax payments can eclipse nearly all other expenses you pay during your lifetime. Nobody enjoys paying them but spending a little time now can help you identify opportunities to optimize your credits, deductions, and future earnings. Fine-tuning your taxes early will help align your cash flow and improve your finances while keeping you ahead of the game.

While we can’t help you out with the crowded festivals and parade going, we …

Author - Michael Rivas

How The Sandwich Generation Can Take Control Of Their Finances

Tax Preparation vs. Tax Planning

Empty Nesters, Is It Time To Downsize?

Consider Your Retirement and Lifestyle Goals

Prioritize Living Wealthy Today