TekWise Financial

06/20/2025

05/09/2025

So Proud to be sponsoring Fr. Nate at the Spirtuality tap in.

If you are in the Highlands Ranch area, come check it out.

https://www.catholicforester.org/fraternal-outreach/spirituality-tap-in/

02/17/2025

🚀 Big News! Our Faith-Based Investing Platform is LIVE! 🚀

Wouldn’t it be great if you could invest without compromising your faith? That’s exactly why we created this.

You don’t need to be an expert. You don’t need to pick individual stocks. And you don’t have to go it alone.

💡 Here’s what makes our platform different:

✅ Invest in companies that align with Christian values.
✅ Automated investing = less stress, but real advisors are still available when you need them.
✅ Easy setup—get started in just a few minutes.

If you’ve ever wondered, “Can I invest while honoring my faith?” The answer is YES. And now, it’s easier than ever.

Check it out here: https://tekwisefinancial.com/signup/
Or message me—I’d love to answer any questions!

02/13/2025

📢 Align Your Investments with Your Faith! 🙏📈

Did you know your investments can reflect your values? With Biblically Responsible Investing (BRI), you can grow your wealth while staying true to your faith.

✨ What is BRI?
🔹 Invest in companies that uphold Christian values.
🔹 Avoid businesses that contradict your beliefs.
🔹 Make an impact while securing your financial future.

With Tekwise, we make it easy to honor God with your investments. 💡 Ready to learn more? Swipe through the carousel to see how BRI works!

📞 Let’s talk about how faith-driven investing fits into your financial plan! Book a call today.

02/11/2025

🚨 Big News: We're Adding Tax Filing Services! 🚨

At Tekwise Financial Planners, we believe true financial stewardship means more than just investing wisely—it’s about optimizing every part of your financial life, including taxes.

That’s why we’re excited to announce a new tax filing service for our clients! 🎉

✅ Full-Service Financial Planning Clients: FREE personal tax filing (up to $500).
✅ Non-Financial Planning Clients: Affordable tax filing with transparent pricing.

💰 Pricing Highlights:

Base Tax Filing: $347 (or $247 for W-2 only)
Capital Gains, Business, Rental Properties, & More: Custom pricing based on complexity

Foreign Income & Equity Compensation: Specialized tax guidance available

💡 This partnership ensures your taxes are done accurately, efficiently, and in alignment with your financial goals. Plus, it’s one less thing to worry about this tax season!

📅 Ready to simplify your taxes? Let’s chat! Book a call today: https://calendly.com/tekwisefinancial/30min

02/05/2025

📊 Calling All Faith-Driven Investors! 🙏💰

Are your investments aligned with your Christian values? Many people don’t realize that their portfolios may be supporting companies that go against their beliefs. That’s why I’m running a quick survey—to hear from YOU!

🔹 Do you know what your money supports?
🔹 What matters most to you when investing?
🔹 Would you change your investments if they conflicted with your faith?

💡 Take the 2-minute survey here: https://bit.ly/BRI_survey

Your insights will help shape the future of Biblically Responsible Investing and ensure more families can invest with purpose.

👉 Comment "Done" when you’ve completed the survey!

Thank you for being a wise steward of God’s blessings! 🙌

We’re researching interest in a Biblically Responsible Investing (BRI) Robo-advisor. Your feedback will help shape a platform that aligns faith with financial stewardship. It's only 7 questions and will take just 2 minutes!

10/17/2024

Your retirement plan is the root of all the problems in this world.

Capitalism works off of incentives. But the way we structure our retirement planning is creating incentives for bad behavior.

Vanguard makes money from po*******hy and abortions. So they have to create demand for those services. How do they do that? They pressure their media companies into glorifying s*x and making abortion normal.

There was a 27% increase in abortion plotlines in tv shows from 2021 to 2022, according to an NPR study. That doesn't happen by accident.

If you continue to invest with these companies, they will continue to create demand for these products. It's simple economics.

If you are ready to be a part of the solution instead of the problem, reach out to me at 719-413-5614 or email me at [email protected]

The annual Abortion Onscreen report says more TV shows had abortion plotlines than previous years and that writers are doing slightly better job reflecting reality.

09/13/2024

If Methuselah lived for 969 years, what would we have done to make sure he didn't run out of money?

A 65-year-old man today can expect to live to age 84, with women living even longer. This shift towards longer lifespans means that your retirement plan needs to be more robust than ever.

As we see the number of centenarians increasing, it’s crucial to address three major financial threats to ensure your retirement funds last:

1. Healthcare Costs Healthcare expenses can be substantial, with average lifetime costs for a 65-year-old couple reaching around $395,000. What is your plan to cover these costs?

2. Market Volatility Market downturns can be especially damaging close to retirement. Sequence of Return risk is important. What happens if you have to retire during the 2008 recession?

3. Chronic Overspending on Unplanned expenses, such as maintaining vacation homes, Vet bills or providing for family members, can erode your savings. Understanding and controlling your budget is key. What is your plan for emergencies?

If you haven’t reviewed your retirement plan recently or want to ensure your strategy aligns with biblically responsible investing, let’s discuss how to optimize your financial future.

🔗 Schedule a consultation today to create a retirement plan that reflects your values and secures your future. Message me here on Facebook or call me at 719-413-5614.

09/12/2024

Are you accountable for your financial decisions in the same way the servants were in the Parable of the Talents? How can you apply these lessons to your budgeting strategy?

The Parable of the Talents (Matthew 25:14-30) teaches us invaluable lessons about financial stewardship. In the story, a master entrusts his servants with talents (money) and evaluates their management upon his return:

Servants with five and two talents invest wisely and see their resources grow.

The servant with one talent hides his money and misses out on potential growth.

Here’s what this parable can teach us about budgeting:

Action Over Inaction: Just as the successful servants actively managed their talents, an effective budget requires proactive planning and ex*****on. Don’t let your money sit idle — make it work for you.

Wise Investment: Allocating your funds wisely, like investing in growth opportunities, can lead to financial stability and growth. Avoid stagnation by regularly reviewing and adjusting your budget.

Prepare for the Unexpected: A good budget accounts for both expected and unexpected expenses, ensuring you’re prepared for financial surprises. Build an emergency fund and plan ahead.

Accountability: The master’s evaluation underscores the importance of being accountable for your resources. Regularly monitor and adjust your budget to stay on track with your financial goals.

Are you ready to apply these principles to your financial life? Let’s discuss how to create a budget that aligns with your goals and values. Message me on Facebook or call me at 719-413-5614.

Stewardship starts with a well-planned budget.

09/11/2024

Is your emergency fund too big for its own good? Discover how overfunding can actually cost you in the long run and what you can do about it!

I recently met with a couple to review their estate planning. In the course of reviewing their accounts, I found that they had overfunded their emergency fund by $30,000. They felt it made them secure. However, what they didn't realize was how much it was costing them for that security. Let's look at the facts:

Overfunded Emergency Fund: $30,000
assumed bank interest: 3% per year
Tax Rate on Interest: 25% at the Federal level and 4% at the state
Annual Inflation Rate: 3%
From age 60 to age 85

The over funded part of the emergency fund has grown to $52,000. But in todays dollars, that's the equivalent of about $25,000 in today's money. So, now they can buy less things with it. To add insult to injury, over that time period they paid an extra $6,500 dollars in taxes on the interest they earn.

As a steward, is this a wise use of their money? Could these resources have been used better? One thought is to invest the money and donate the gains to their church. Or create an income stream to support a missionary but keep the principle in case they need it for themselves. As a steward of God's resources, not maximizing your resources to support others, is like the steward who buries his treasure. It does no good for anyone.

If you want to avoid this happening to you, message me on Facebook or call me at 719-413-5614

09/10/2024

James 4:14 reminds us that life is brief and uncertain. Prepare wisely for Medicare and its tax impact, so you can face the future with peace of mind and faith.

Medicare planning isn’t just about picking the right plan—it can also impact your taxes in ways you might not expect. Poor Medicare planning can lead to unexpected tax hikes and even make your Social Security benefits taxable. Let’s dive into how Medicare missteps can hit your wallet and why a little planning now can save you from tax headaches later.

1. The Sneaky Tax Bite of Medicare Premiums
You might think your Medicare premiums are a straightforward expense, but they can actually sneak up on your tax bill. Here’s how:
IRMAA (Income-Related Monthly Adjustment Amount): If your income is higher than certain thresholds, you’ll face increased premiums for Part B and Part D. It’s like getting a surprise bill for having a higher income—only it comes from Medicare and hits your budget hard.

Income Brackets and Premiums: Medicare premiums are based on your modified adjusted gross income (MAGI). If your MAGI is higher than expected, you might end up paying more than you bargained for. Plan ahead to keep your income below those dreaded IRMAA brackets.

2. The Social Security Tax Trap
Here’s a fun fact: up to 85% of your Social Security benefits can be taxable if your income exceeds certain limits. It’s like a bad joke you didn’t sign up for, where your hard-earned benefits suddenly come with a tax bill. Poor Medicare planning can push your income into taxable territory, making your Social Security benefits a target for the IRS.

3. Tips to Avoid the Tax Trap
Keep an Eye on Your Income: Monitor your income to avoid crossing those IRMAA thresholds. Think of it as a game of limbo—how low can you go?
Plan Your Withdrawals: Strategically plan withdrawals from retirement accounts to manage your AGI and avoid triggering extra Medicare premiums or tax on Social Security benefits. It’s like playing chess with your finances—make your moves wisely.

Consult with an Advisor: Navigating Medicare and taxes can be trickier than a maze. Does your financial advisor review how to keep your premiums low and your Social Security benefits tax-free?

Don’t let Medicare planning turn into a tax nightmare. With a little foresight and the right guidance, you can avoid unnecessary tax hikes and keep your Social Security benefits from becoming a tax target. Ready to ensure your Medicare and tax planning are in harmony? Let’s talk! Call me at 719-413-5614, or send me a message on Facebook. Together, we’ll make sure your Medicare strategy is as smooth as your retirement plans.

09/09/2024

When was the last time your financial advisor reviewed your taxes or pointed out tax saving strategies other than contributing to your 401k/Ira?

If you don't know when that was, then you need a new advisor.

In financial advising, avoiding common tax mistakes is crucial for maximizing client benefits and minimizing liabilities. Here are the top 3 tax mistakes financial advisors often make.

1. Overlooking the Impact of Rising Tax Rates

Mistake: Advisors often fail to plan for potential increases in tax rates, leading to unexpected tax burdens for clients. When was the last time your advisor explained how your income in retirement will be taxed?

2. Ignoring Tax-Efficient Investment Strategies

Mistake: Many only do Tax loss harvesting at the end of the year instead of all year long and they don't look at tax location of certain investments. Work with an advisor

3. Failing to Address Required Minimum Distributions (RMDs)

Mistake: Miscalculating or overlooking RMDs can lead to hefty penalties of more than 50%. Has your advisor talked about how they are going to guide your kids on inherited ira and tax ramifications of that inheritance?

Stewardship

The Bible teaches us about wise stewardship of our resources. Proverbs 27:12 says, “The prudent see danger and take refuge, but the simple keep going and pay the penalty.” This principle calls us to anticipate challenges and plan accordingly.

Solution: Have a second advisor review your accounts for potential tax changes, optimize tax efficiency, and ensure compliance with RMD requirements. Proactive planning aligns with biblical principles and protects you, the client, and your financial futures.

Is your tax strategy aligned with wise stewardship principles? Let’s discuss how to enhance your planning and safeguard your financial future. Message me on Facebook or call me at 719-413-5614.