Blog | Legacy Wealth Planning

A Step-by-Step Guide to Organizing your Finances

Have you ever found yourself scrambling for spare cash to send with your child for school lunch? Have you paid a late fee because you simply forgot when a bill was due? Have you woken up in a cold sweat trying to remember if you paid the water bill last month? Trying to put your […]

Five New Year’s Resolutions for those Nearing Retirement

Getting ready for retirement is both exciting and daunting. While you are likely looking forward to the enjoyment and relaxation that retirement may bring, you are also cautious about ensuring you have enough money to be able to retire in the comfort you anticipate. If your retirement years are on the horizon, below are a […]

Your Tax Preparation Checklist

Regardless of whether you prepare your taxes yourself or use a professional’s services, it’s a good idea to gather the information and documentation you need well in advance of your actual tax filing date. Below, we’ve listed some key information you need when preparing this year’s taxes. Your Personal Information The personal information you may […]

In Memory of Lizzy Hammond

Pema Chodron writes, “Let the hard things in life break you. Let them affect you. Let them change you. Let these hard moments inform you. Let this pain be your teacher…What is the lesson in this wind? What is this storm trying to tell you? What will you learn if you face it with courage? […]

Common Cents Financial Tips Everyone Should Know

Few U.S. high schools have comprehensive personal finance programs, which means that some teens enter adulthood without a deep base of knowledge on topics like investing, budgeting, and consumer debt. Even those who feel they’re fairly well-versed in personal finance may find themselves nearing retirement without a solid grasp on certain topics like required minimum […]

Are You Maximizing 401(k) Contributions?

The more money that you can save when you are working, the easier it should be for you to retire and enjoy your golden years. Unfortunately, Social Security may no longer provide a sufficient income to live on during retirement. To combat this financial challenge, many small businesses have adopted the corporate approach to 401(k) […]

End of Year Financial Planning

For some, it’s easy to put personal finances on the back burner during the last few months of the year. However, before the year comes to an end, it’s essential to review your finances. By doing so now, you can make the most of reviewing this year’s progress and plan for next year to help […]

Retirement Mistakes to Fix Before the Holidays

You probably spend more time planning your holiday gathering than preparing for your golden years. As a result, you make basic mistakes in trying to fund your retirement. Here are a few of the top mistakes people make to screw up this potentially crucial saving. No Specific Goal Many people say something like, “I want […]

A Year-End Planning Checklist for Everyone

It may be easy to forget we’re nearing the end of the year. Even during the busy end-of-year rush, it’s a good time to reevaluate your 2021 finances and turn an eye toward 2022. What can you do now to potentially improve and streamline your 2022 budget? Below, we discuss three year-end planning steps that […]

Choosing a Retirement Plan for Your Business

There are a lot of options to consider, depending on your business model You’re an entrepreneur and you’re not looking back. You’ve opened your own business, whether alone or with partners, and you’ve achieved success. Now you’re thinking about retirement, not just for you, but also for your employees. Offering a retirement plan can help […]