Newsletter: February 2021

February 8th, 2021 by Legacy Wealth Planning

“In the short-term, the market is a popularity contest. In the long-term, the market is a weighing machine.” — Warren Buffett   2021 is underway, as our nation and the rest of the world look to begin to put the global pandemic behind us. The path forward for the US economy, as well as that […]

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Three Things You’ll Wish You’d Known Before Retirement

January 22nd, 2021 by Legacy Wealth Planning

Retirement is one of the biggest life transitions adults will ever deal with. But after a few years, what would retirees warn their younger selves about?

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IRA vs. 401(k): What Savers Should Know

January 22nd, 2021 by Legacy Wealth Planning

Learn more about these retirement accounts and what to consider when allocating your retirement contributions.

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Common Retirement Investment Mistakes

January 22nd, 2021 by Legacy Wealth Planning

There are a few common retirement investment mistakes to keep in mind as you seek to maximize your savings and investments.

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Tips for Tax Preparation

January 22nd, 2021 by Legacy Wealth Planning

To avoid a potential late filing penalty, you need to be ready by this date. To prepare to file your 2020 income tax return, keep the following tips in mind.

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Tips for Organizing Your Financial Documents

January 19th, 2021 by Legacy Wealth Planning

In an increasingly paper-free society, organizing your financial documents can still be a challenge. No matter how simple or complex your financial picture might be, it takes some thought-out organization to keep your tax documents, service records, and paid bills in a format that will allow you to easily access information when you need it. What steps can you […]

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The Importance of Financial Wellness

January 14th, 2021 by Legacy Wealth Planning

Financial wellness, like physical wellness, isn’t something you should ignore. Instead, it’s a critical concept for anyone who wants to be knowledgeable and confident about their finances, and in fact, financial wellness is so important that more than half1 of employers now offer financial wellness programs to their workers.  So, what is financial wellness and why […]

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New Year’s Resolutions to Get Your Finances in Order

December 31st, 2020 by Legacy Wealth Planning

New Year’s is traditionally the time to review your life and make resolutions for change. In addition to thinking about working out, eating healthy, and meeting personal and professional goals, you should also think about your finances. To make the most of the New Year, keep the following tips in mind. 1. Outline New Goals […]

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Creating a Business Plan for Small Businesses

December 10th, 2020 by Legacy Wealth Planning

Your business plan is an important part of creating a business and a critical tool for drawing in lenders and investors. If you’re thinking about launching a small business or if you want to take your small business in a new direction, a business plan is essential. As you develop your plan, you may want […]

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Getting a Jump on January Tax Season

December 4th, 2020 by Legacy Wealth Planning

From pandemic-related stimulus payments to job losses and furloughs, for many taxpayers, next spring’s tax season may be more complex than usual. With the end of 2020 rapidly approaching, you should take some time to review your tax situation and make any necessary changes that can help you avoid surprises on April 15, 2021. Below are some steps […]

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