Financial Planning Archives - Page 2 of 4 - Atlanta Financial Associates, LLC

Four Reasons Your Parents Might Be in Financial Trouble

March 11, 2019

As your parents age, they will probably need more help from you. But it may be difficult to provide the help they need, especially if they’re experiencing financial trouble.
Money can be a sensitive subject to discuss, but you’ll need to talk to your parents about it in order to get to the root of their problems and come up with a solution. Before you start the conversation, consider the following four scenarios as signs that your parents might be experiencing financial challenges, and how you can make things easier for them.

Quiz: How Much Have You Thought About Health and Health-Care Costs in Retirement?

March 11, 2019

When planning for retirement, it’s important to consider a wide variety of factors. One of the most important is health and its associated costs. Thinking about your future health and the rising cost of health care can help you better plan for retirement in terms of both your finances and overall well-being. This quiz can help you assess your current knowledge of health and health-care costs in retirement.

Is it Time to “KonMari” Your Budget?

February 14, 2019

A month into the new year, most of us have made – and perhaps broken – at least a few new year’s resolutions. The usual commitments to lose weight, exercise and eat healthier top the list for most Americans again, but, this year, a new one has crept in – pursuing a simpler life using The KonMari Method™.

Have You Made Any of These Financial Mistakes?

August 15, 2018

Your 50s and 60s
Raiding your home equity or retirement funds. It goes without saying that doing so will prolong your debt and/or reduce your nest egg.
Not quantifying your expected retirement income. As you near retirement, you should know how much money you (and your spouse, if applicable) can expect from three sources:

Only You Can Define “Financial Freedom”

July 4, 2018

John Adams and the founding fathers specifically recommended “illuminations”[1] to celebrate the anniversary of the country’s birth. The official decree calling for fireworks on July 4th was written even before the country was officially formed. Even though fireworks are almost exclusively reserved for these patriotic celebrations, we think you deserve some fireworks of your own – to mark your progress on the path to financial freedom.

Mid-Year Planning: Tax Changes to Factor In

June 19, 2018

The Tax Cuts and Jobs Act, passed in December of last year, fundamentally changes the federal tax landscape for both individuals and businesses. Many of the provisions in the legislation are permanent, others (including most of the tax cuts that apply to individuals) expire at the end of 2025. Here are some of the significant changes you should factor in to any mid-year tax planning. You should also consider reviewing your situation with a tax professional.

Tag: Financial Planning