Posts by Bridgelight Financial Advisors
Tips on How to Protect Your Nest Egg From Inflation
By Bridgelight Financial Advisors For the past decade inflation has averaged under 2 percent a year for the typical American (1). According to a statement released by the Labor Department earlier this month, prices have risen 5% between May 2020 and May 2021. This spike in inflation is directly related to the United States lock…
Read More3 Critical Things About Social Security Most People Don’t Understand
By Bridgelight Financial Advisors Social Security. We’ve heard about it, we’ve been taxed on it, and we look forward to receiving our well-earned benefits when we retire. But when you think about it, how truly knowledgeable are you on Social Security as a whole when it comes right down to it? A profound number of…
Read MorePointers on How to Take Advantage of Your Retirement
By Bridgelight Financial Advisors What exactly happens when you reach retirement? After you’ve succeeded in investing for your future and have managed your wealth properly, you get to throw your alarm clock away and have the freedom to choose how you’ll fill each and every day on your own terms. It’s finally time to relax…
Read More4 Questions You Should Consider When Choosing a Financial Advisor
By Bridgelight Financial Advisors Choosing a financial advisor is not an easy task. It’s an extremely personal decision that comes with a number of questions and concerns in order to ensure that your money is being cared for in the right hands. While on your search for the right fit, here are some of the…
Read MoreHow Could Biden’s Proposed Tax Plan Affect You?
By Bridgelight Financial Advisors With a new president in office, we need to start focusing on President Biden’s proposed tax plan and how that may affect your asset and wealth management in the future. Although Biden’s proposed tax plan won’t affect your 2020 taxes, it’s important to keep in mind what’s to come in the…
Read MoreHow To Prepare For Tax Season
By Bill Leavitt 2020 tax season is officially underway! Whether you’ve started filing your taxes or not, they’ve probably been in the back of your mind. And if you’re like most people, this process is something we’d rather avoid. We want to help you avoid any stress or wasted time as you file your 2019…
Read More10 Things To Do Within 10 Years Of Retirement
By Bill Leavitt After years and years of working and saving, the final countdown to retirement has begun. Days filled with sandy beaches, golf courses, or more time with family are just around the corner. Although this should fill you with excitement, you might be feeling panic at all that still needs to be done…
Read MoreWill The New SECURE Act Create More Taxes On Your IRAs?
By Bill Leavitt Ever worry about outliving your money in retirement? You’re not alone. In fact, it’s the number-one fear people have as they transition into retirement.1 And with good reason. With life expectancy on the rise, we are depending on policy-makers to step up and fix our “retirement epidemic.” But by the looks of…
Read MoreWhat’s Your Long-Term Care Plan?
By Bill Leavitt There are a lot of things you don’t want to gamble with in life, like your retirement savings, how you raise your kids, or your health. Unfortunately, many Americans take one particular risk with their health, possibly without even realizing it, and that’s making a long-term care plan. (1) Since more than…
Read MoreCommon Mistakes Retirees Make
By Bill Leavitt Retirement is one of the biggest financial transitions you’ll make in life. You go from earning income and growing your nest egg to depending on it and trying not to outlive it. And even though you’ve planned and saved for years, entering retirement is not a time to set autopilot. There are…
Read More