Legacy Finance

10/14/2026

Many people picture retirement income as a single paycheck replacement. In reality, it usually comes from several places at once, and each one has its own timing, tax treatment, and rules for how and when you can draw from it.

The order you tap those sources matters. Taking Social Security early or late, deciding which accounts to draw from first, and planning around required distributions can change how long your savings last and how much of it you keep after taxes.

At Legacy Finance, we build income plans with individuals and couples in Fresno and Clovis that spell out where each month's income will come from, well before the first withdrawal. If you'd like to see yours laid out clearly, reach out through imalegacy.com.

10/08/2026

Only 13% of retirees describe their debt as a major problem, but that group is also among the least confident in their ability to live comfortably in retirement. Even a manageable balance can weigh on your sense of security once a paycheck is no longer coming in.

Addressing debt in the years before you retire gives you more flexibility with your income and more room for the things you've planned for. At Legacy Finance, we help individuals and couples across Fresno and Clovis decide which balances to pay down, which to keep, and how each choice fits into their broader retirement plan.

If you'd like a clearer view of how your debt affects your retirement, visit imalegacy.com to schedule a conversation.

10/01/2026

Only 51% of workers have ever calculated what a comfortable retirement will actually cost them. Even if you feel confident you're on track, the exercise is worth doing.

Seeing your projected expenses next to your income sources tends to replace vague worry with a clearer picture, and often a more reassuring one. At Legacy Finance, we build these projections with individuals and couples across Fresno and Clovis as the starting point for every retirement plan.

If you'd like help putting real numbers to your retirement, visit imalegacy.com to schedule a conversation.

09/24/2026

U.S. airlines spent more than $6 billion on jet fuel in May for the second month in a row.

According to government data, airlines spent $6.66 billion on fuel in May, up 84% from a year earlier.

The increase was driven mostly by higher fuel prices, not higher fuel use. U.S. carriers used slightly less fuel than they did a year ago, while the average price paid rose to $4.09 per gallon.

Fuel is typically one of the airline industry’s highest operating costs, which can make carriers especially sensitive to swings in energy prices.

In response to higher fuel costs, airlines have raised fares and fees in some cases and adjusted flight schedules.

For travelers and businesses, the broader takeaway is that energy prices can affect more than the cost of filling up a car. They can also influence airfare, travel budgets, company expenses, and inflation pressures.


Source:

Government data released Tuesday shows that U.S. airlines spent $6.66 billion on jet fuel in May

09/17/2026

The Common Cents Act has passed the House and now moves to the Senate for consideration.

The bill is tied to the phase-out of the penny and would create a national rounding standard for cash transactions.

Under the proposal, cash purchases would be rounded up or down to the nearest five cents when exact change is not available.

For example, a purchase totaling $10.02 would round down to $10.00, while a purchase totaling $10.04 would round up to $10.05.

Pennies would still retain their value under the act, even as the Treasury stopped minting them.

The bill is especially relevant for businesses that handle cash, including restaurants and retailers, because it could reduce confusion and legal risk around exact change.

For consumers and businesses, the broader takeaway is that even small changes in currency rules can affect daily transactions, checkout systems, and cash-handling practices.


Source:

New law aims to address how businesses and consumers should transact amid the phase-out of the penny.

09/07/2026

We dedicate our efforts to ourselves, our families, our passions, and our needs. Whether you're an employee, an entrepreneur, or retired, here's to making the most of this holiday!

Have a wonderful !

09/01/2026

Are you within two years of retirement? We made this guide for you!

Our free retirement planning guide is made for individuals and families who have spent decades building wealth and are now facing a different set of decisions. The kind that determine whether that wealth actually carries you through the next 20 to 30 years.

It covers the five questions that matter most before you stop working. When can you realistically retire. How do you pay less in taxes before RMDs begin. When should you claim Social Security. What does healthcare cost before Medicare kicks in. Is your portfolio positioned for income or still set up for growth.

If you have $1 million or more in assets, this guide was built with your situation in mind.

Download your free copy on our homepage: www.imalegacy.com

08/27/2026

Sometimes the smallest details make the biggest difference. This post reminds small business owners that retirement benefits aren't just for big companies, and that something as straightforward as number of employees can determine whether a SEP-IRA or SIMPLE IRA is the better fit.

08/20/2026

Retaining great employees starts with showing them their future matters. This post spotlights the SIMPLE IRA as an accessible retirement option designed with smaller teams in mind, giving business owners a specific, tangible reason to start the conversation.

08/14/2026

When it comes to small business retirement options, the choices can feel overwhelming. This post highlights that a SEP-IRA, SIMPLE IRA, and 401(k) are structured differently, and that the right fit depends on business size, number of employees, and overall goals.