Tax Freedom Guy

05/05/2021

Financial advisor, private wealth planner, Executive wealth manager, and many other often misleading titles. What does it all mean? AND MOST IMPORTANTLY, do they have your best interests in mind? If you don't want to sign up for the article, just message me and I'll help you decipher the jargon :)

Anyone can call themselves a wealth advisor these days. Here are credentials that count.

08/06/2020

Due to the current economic conditions, financial services are booming. My parent company has more $$ in assets than Disney, Pepsi, home depot and Costco COMBINED. Unlike anything you have seen, we are disrupting the financial space!! Full or part time

08/05/2020

With the deficit estimated to quadruple due to the current pandemic and economic conditions, what are you doing to protect your assets from being impacted? Message me for guidance and multiple options.

https://www.manhattan-institute.org/coronavirus-cbo-budget-deficit-projection

07/28/2020

More free info on tax codes for tax deferred investments.
Tax deferred means you contribute tax free money now to pay it later (deferred). (ie you get paid $500 but put $100 into one of these, and you only get taxed on the remaining $400)
401k - for profit companies
403b - non profit (teachers etc)
457- local government, county Sheriff etc.
TSP - Thrift Savings Plan.(Federal government workers, military)

These can be accessed after age 59 1/2 and especially good if they offer a matching contribution. :) Just know that It's not taxed when you put it into the policy, but when it has matured, Uncle Sam wants his share of your nest egg. Do you know what your taxes will be when you access it in 10, 20 or 30 years?

07/23/2020

Do you think taxes will go up? Go down? Or stay roughly the same?
I've got great news for you regardless of what taxes do. Message or comment for more info.

07/15/2020

Did you know??
Progressive think tank the Economic Policy Institute found that Americans 56 to 61 had a median balance of $21,000 in their 401(k) accounts in 2016, which is the most up-to-date data on file. That total reflects almost 30 years of savings.

Contact me to today so this doesn't happen to you!

It's no secret that Americans are falling short when it comes to saving enough for retirement. But as a new report shows, many are disastrously unprepared — and that may point to flaws in the system.

07/13/2020

3 ways money is taxed. Taxable (now), tax deferred, (what will taxes be when its taxes?), and tax advantaged (which grows and disributes tax free)
Which category do your investments and savings fall into? 🤔 What questions do you have? This is for YOU💰💸💵.

07/10/2020

Rule of 72 is an easy way to calculate how long it will take to double your money based on the interest rate it is growing. ie at 1% interest, it will take 72 years to double your money.

07/09/2020

07/09/2020

Welcome! I will be posting financial information on this page. Please let me know if you want me to cover specific topics.

07/09/2020

Under construction, stay tuned...