Classic City Capital

06/16/2023

Before making any financial decision, you should have your proverbial ducks in a row.
Use these free calculators to help herd your flock:
https://bit.ly/3Ndmk6V

06/15/2023

A 401(k) is not the only way to save for retirement. There are options if you’re looking for ways to bridge the gap between what Social Security will provide and the income you need in retirement. Contact me today to learn more.

06/14/2023

Help yourself stay in control of your credit card debt by understanding how the interest on your card works.

Paying only the minimum costs you more in interest and takes you longer to clear your balance.

06/13/2023

Saving money during a time of inflation can be difficult. Here are some tips and tricks to save during this time of uncertainty.

Protect your finances when prices are soaring due to inflation by following these strategies for saving money, spending wisely and paying down debt.

06/13/2023

Are past behaviors holding you back from future goals?

Certain beliefs could be impeding your financial planning, and learning what those are begins with exploring your money-related memories.

06/12/2023

Do you have an HSA account? Contribution limits are going up!

This is a 429 error. Try accessing this page directly or wait a few minutes and try again. Everyone has their limits, and we're getting too many requests right now.

06/12/2023

Life insurance can seem complicated, but it doesn't have to be. Here is a brief guide to the two most common types of life insurance and how they work.

Some additional things you should know: The use of cash value life insurance to provide a resource for retirement or to provide a resource for college expenses assumes that there is first a need for the death benefit protection. The ability of a life insurance contract to accumulate sufficient cash value to help meet accumulation goals will be dependent upon the amount of extra premium paid into the policy, and the performance of the policy, and is not guaranteed. Policy loans and withdrawals reduce the policy’s cash value and death benefit and may result in a taxable event. Withdrawals up to the basis paid into the contract and loans thereafter will not create an immediate taxable event, but substantial tax ramifications could result upon contract lapse or surrender. Surrender charges may reduce the policy's cash value in early years. There is no guarantee that the policy will provide income sufficient to fund education.

Living Benefits in the event of illness may be provided by riders, which are supplemental benefits that can be added to a life insurance policy and are not suitable unless you also have a need for life insurance. Riders are optional, may require additional premium and may not be available in all states or on all products.

06/09/2023

In the risk zone, time is not on your side. Contact me today to set up your personal review.

06/09/2023

The age that you are required to start taking minimum distributions from your qualified accounts (traditional IRAs, 401k, etc) is going up. That may or may not end up being a positive for your taxes as it also potentially means higher account balances and larger distributions. If you are concerned about taxes in your future, now is the time to talk with your advisors and plan ahead.

Stressing about the taxes you’ll pay in retirement? Here are some ways to help reduce your tax liability when you retire, including managing RMDs.

06/08/2023

Considering purchasing a home? Here's a reference to the financial aspects of home ownership to be aware of.

Track these five expense categories to manage your home's finances.

06/07/2023

Annuities can seem complicated. Think of them simply as a way for you to plan for a retirement that supports your lifestyle. I can help break down what they are and how they can help you plan for retirement. Let's chat today.

06/07/2023

Some tips to help you manage debt.

Debt might help or hurt your long-term finances, so be mindful of its use.