Krista. Wealth Advisor

05/19/2025

Traditional IRA vs. Roth IRA: What’s the Difference?

When planning for retirement, choosing the right IRA can make a big difference in your future savings. Here’s a quick breakdown:

Traditional IRA
• Contributions are typically tax-deductible now
• Pay taxes later when you withdraw in retirement
• Best if you expect to be in a lower tax bracket in retirement

Roth IRA
• Contributions are made with after-tax dollars
• Tax-free withdrawals in retirement
• Great if you think you’ll be in a higher tax bracket later

Bottom line:
Both accounts offer tax advantages, but the right choice depends on your income, tax situation, and future goals. Not sure which one fits your plan? Let’s talk!

05/12/2025

Your kids already think you’re a superhero… now it’s time to actually protect them like one.

Life insurance: because if you’re going to be launching snacks, fixing Wi-Fi, and being a human ATM, you might as well secure their future too.

Plus, it’s the only time you can say “I got you” literally from beyond the grave… and not be creepy.

Message me to chat about how to keep your little chaos agents covered—even if you’re not around to referee the next sibling wrestling match.

05/08/2025

https://www.linkedin.com/pulse/wealth-intention-your-guide-smarter-financial-living-krista-terrell-ljcne

💬 Opening Note from Krista Terrell In an era of economic uncertainty, rising costs, and shifting retirement landscapes, financial planning is no longer just a good idea—it’s a necessity. Whether you're just starting your career or nearing retirement, having a personalized financial plan can b...

05/07/2025

You’ve got a 401(k), a Spotify subscription, and a solid cold brew routine.
But if your paycheck ghosted you for 6 months… would your lifestyle survive the breakup?

Let’s talk disability insurance (aka income protection—but way less boring than it sounds).

🧠 It’s not just for “older people” or your parents’ financial advisor.
It’s for YOU—the ambitious young pro whose biggest asset is still clocking in every day (yes, even on Zoom).

If an illness or injury keeps you from working, disability insurance helps cover your income so:

Rent still gets paid 🏠

Loans stay current 💳

And your DoorDash habit doesn’t suffer 🍜

In short: It’s your safety net for real life.
Because your ability to earn is worth protecting—just like your phone, your MacBook, or your sneaker collection.

👉 Let’s chat if your paycheck deserves some backup.

05/01/2025

04/30/2025

What would happen to your family if life took an unexpected turn?

No one likes to think about worst-case scenarios — but planning for them is one of the most loving things you can do.

Whether it’s a sudden illness, an accident, or a job loss, having a plan in place can mean the difference between stability and struggle.

Here are a few ways to protect your loved ones:
• Life insurance to provide financial support when it’s needed most
• A will to ensure your wishes are clear and your family is cared for
• An emergency fund to cover the unexpected without added stress
• Disability insurance to protect your income if you can’t work

It’s not about fear — it’s about peace of mind. Your family deserves that.

If you’re not sure where to start, I’m here to help.

🌴🌴✨✨🔑🔑

04/29/2025

When you’re 25 and someone says “retirement,” you picture:
• A beach in Bali
• A rocking chair on a porch
• Or just finally turning off your alarm clock forever

But what your bank account hears is:
“I’ve got 40 years to figure this out.”

Here’s the wild part:
If you invest $200/month starting at 25, you could have over $500K by the time you hit 65 (assuming average returns).
Wait until you’re 35? You’ll need to double that to catch up.

Moral of the story:
Your future self is chillin’ on that beach, sipping something fruity—because you gave up one overpriced coffee a day.

Retirement planning doesn’t have to be complicated. Start small. Stay consistent.
And if you’re lucky, your future self might even invite you to that porch party.

🌴🌴🔑🔑✨✨✨