Mitchel Takens, Financial Advisor at Vision Financial Advisory Corp

05/23/2022

There aren't many instances where recent college graduates have gotten a break to begin building their financial futures. The job market has shifted from the pandemic, real estate prices are at all-time highs, and high interest rates and inflation have made it difficult to find the right footing.

With the rapid decline in stock and bond prices, however, these graduates are being offered a chance to start their investment portfolios at a very appealing time. Especially those that missed the opportunity to catch the 2020 COVID dip, the recent sell-off is another chance to begin (or continue) building a solid portfolio at highly discounted values.

Let me know if you're interested in learning more, and we can discuss what might be the right strategy for you at this time!

09/20/2021

A new bill introduced in Congress has a number of implications for retirement and tax planning that could affect many individuals. Among the proposed changes is a dramatic shift in the ability of certain groups to make Roth contributions and conversions. Unfortunately, this would limit some fantastic opportunities for families to plan out their retirement nest egg (and how it’s taxed) if the bill passes.

Much more information can be found in the article below. Let me know if you have any questions or if I can help you plan for whatever changes may come!

Democrats on the House Ways and Means Committee released their tax proposals on September 13… and the measures are very different from what many expected!

08/11/2021

Want to retire a millionaire? It’s not as hard as you think — all you need to do is set aside $100 per month, that’s it! Here’s a simple illustration of the power compound growth has on a $100/month investment from age 25 to 65 based on a 12% rate of return. Let me know if I can guide you towards some great growth funds to help make this scenario a reality!

07/29/2021

Market volatility has increased over the past few weeks due to higher delta variant and inflation fears. While not always fun to experience, an up-and-down market can be a good test to evaluate whether or not your portfolio is best suited to match your risk appetite and suitability. At Vision, we use a blend of different metrics and software to try to align clients with the best investment planning for their needs as possible.

07/12/2021

One of the greatest gifts the government has ever given Americans is the Roth IRA. Unfortunately, so many people often forget to consider it within their financial plan. By allowing after-tax dollars to grow tax-free without any required minimum distributions, you can potentially save millions in taxes by the time you retire. Let me know if you would like to discuss your eligibility and how it could be incorporated in your plan to meet your retirement goals.

06/30/2021

On top of securities, I also maintain active real estate and life, accident, and health insurance licenses. Because of this, I’m able to create a relationship with fewer conflicts of interest with clients and am equipped to serve them in a broader range of financial categories.

06/29/2021

As a Series 7 & 66 licensee, I’m able to assist clients in reaching their financial goals by offering my services in as many ways as possible. Here’s a brief list of accounts I would love to discuss opening and/or managing for you:

Individual
Joint
Traditional IRA
Roth IRA
401(k) Rollover
Trust
SEP IRA
SIMPLE IRA
529 Plan
ESA
Corporate
Non-Profit
Many more!