Don’t mess around this year…
If numbers are trending down with your marketing…decide now to tweak and change some things up.
Don’t wait to “see how it plays out.”
Last year with a lot of revenue coming from current clients we had buffer time to do that. This year we need to be active and intentional business owners.
Stay on top of your numbers and make decisions quickly.
Ok back to your regular programming…
Here are your Quick Hits:
TAX SEASON ESSENTIALS FOR MAXIMIZING AFTER-TAX WEALTH
- This is a great whitepaper to check out and possibly share with clients.
- “Every year that you don’t face a large tax bill means more of your money stays invested in the markets. And that gives it the potential to grow year after year. Assume you are able to keep $10,000 more in your account in Year 1 by being tax smart. If you assume an average return of 7.5% per year, note the growth of the accumulated taxes not paid over 10 years. That’s the power of compounding.”
ALL IN Podcast: DOGE vs USAID, Crypto Framework, Google’s $75B AI Spend, US Sovereign Wealth Fund, GLP-1s
- This is a solid podcast if you want to hear what some of the smartest business owners in the world are thinking about current events.
- This episode is enlightening from a business owners perspective and how you might be able to talk about these topics with your clients who might be asking how these events effect inflation, taxes etc.
5 Top Regrets of Retirees (and how to avoid them)
- Here is an eye opening article to share with your clients!
- Solid charts in here – which I always love.
- Interesting stat here: “While you may THINK you’ll be able to work until age 65 or later, the reality is that you have a greater than 50% chance of retiring sooner than you’d like. The survey found that 59% retire before the age of 65, with the median retirement age being only 62 years.”
20 IRA Mistakes to Avoid
- Solid article to put in your emails to clients or talk through on your shows.
- “Opening an IRA is a pretty straightforward matter: Pick a brokerage or mutual fund company, fill out some forms, and fund the account. Yet, there are plenty of places where investors can stub their toes in the process. They can make the wrong types of IRA contributions (Roth or traditional) or select suboptimal investments to put inside the tax-sheltered wrapper. And don’t forget about the tax code, which delineates the ins and outs of withdrawals, required minimum distributions, conversions, and rollovers. Rules as Byzantine as these provide investors with plenty of opportunities to make poor decisions that can end up costing them money.”
