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NextGen Wealth At NextGen Wealth, we partner with you on your journey to retirement relaxation. Let us help you pla

At NextGen Wealth, our passion is serving those individuals who do not think they have the assets or the need for a financial planner. We are a financial planning and investment management firm with an emphasis on serving the successful business professional, entrepreneur or small business owner. Through technology and innovation, we help our clients find their path to financial independence. Our mission is to help our clients in their search for financial independence.

Estate planning often centers on what happens after you're gone. But some of the most crucial documents are the ones tha...
10/25/2026

Estate planning often centers on what happens after you're gone. But some of the most crucial documents are the ones that protect you while you’re still here.

Imagine if illness or injury made it impossible for you to manage your own affairs.

Without the right paperwork, your family might need a court to appoint someone to act on your behalf. This process, a guardianship or conservatorship, is public, can be costly, and may leave you with no say in who is chosen.

There are key documents designed to avoid this situation:

A durable power of attorney lets you name someone to handle your finances. The word "durable" means it stays effective even if you become incapacitated.

A healthcare power of attorney (or healthcare proxy) appoints someone to make medical decisions for you when you’re unable.

A living will outlines your wishes for end-of-life care, so your loved ones aren’t left uncertain.

And a HIPAA authorization lets your doctors share your medical information with those you trust.

Because laws and terms vary by state, these documents should be created with the help of a qualified estate planning attorney.

Please don’t leave this important planning unfinished. The people who would carry that responsibility are the ones you care about most.

Most workers don’t hear about tax diversification early enough in their careers.The usual advice for young employees is ...
10/24/2026

Most workers don’t hear about tax diversification early enough in their careers.

The usual advice for young employees is simple: contribute to your 401(k), get the company match, and let compounding grow your savings.

That’s solid advice. But once you’ve captured the match, the question becomes: where should you put any extra dollars? This is where tax diversification matters.

If you put everything into a Traditional 401(k) for 30 years, your retirement savings will be 100% tax-deferred. That means every withdrawal in retirement is taxed as ordinary income. This can create challenges because withdrawals can increase the tax on your Social Security benefits and lead to higher Medicare premiums.

Now, imagine someone who spreads their contributions between a Traditional 401(k), Roth 401(k), a taxable brokerage account, and (when eligible) an HSA. At retirement, they have assets in different tax categories, giving them the freedom to choose withdrawals in ways that minimize taxes each year.

Both strategies allow your money to grow similarly over time, but having options once you retire can make a big differenc, often saving you thousands over a long retirement.

For many young workers, the biggest challenge to building lifetime savings isn’t about how much they earn; it’s lifestyl...
10/23/2026

For many young workers, the biggest challenge to building lifetime savings isn’t about how much they earn; it’s lifestyle inflation. This is the natural tendency for expenses to rise every time take-home pay increases.

Whether it’s a raise, bonus, or promotion, it’s easy for extra income to slip away on a new car, bigger apartment, or nicer vacations whatever feels like the next step up.

That’s where the “save half your raise” rule comes in. It tackles lifestyle creep at its root by automatically directing a portion of raises into savings. This takes the pressure off willpower or constant decision-making, making it easier to grow wealth steadily.

If you’ve seen how saving habits pay off over time, sharing this simple rule with a child, grandchild, or young colleague just starting out can be one of the most meaningful financial gifts you give.

With the new standard deduction, age-based additional deduction, and new “enhanced” senior deduction, a couple over age ...
10/22/2026

With the new standard deduction, age-based additional deduction, and new “enhanced” senior deduction, a couple over age 65 could have a total tax bill is $0 for the year.

Read more 👉 https://bit.ly/43gbCFN

The 2025 EBRI Retirement Confidence Survey reveals that 44% of early retirees stepped away from work simply because they...
10/22/2026

The 2025 EBRI Retirement Confidence Survey reveals that 44% of early retirees stepped away from work simply because they could afford to.

This is the picture many people have in mind when they think about leaving the workforce at 62 or 63, retiring on their own terms, with the financial freedom to choose their path.

We’ve had the privilege of guiding clients through this important decision time and again. Helping them assemble all the right pieces to retire confidently, that’s what makes financial planning so rewarding. Our goal is to support you in creating a plan that lets you retire when the time feels right for you.

The two toughest challenges for investors are:1) Selling an asset that's been rising.2) Buying an asset that's been fall...
10/21/2026

The two toughest challenges for investors are:

1) Selling an asset that's been rising.
2) Buying an asset that's been falling.

It rarely feels right at the moment, yet this is the essence of "buying low and selling high."

While it may seem daunting to do this day-to-day, a systematic rebalancing strategy handles it for you—without you having to make any individual buy or sell choices.

When practiced consistently over the years, rebalancing has proven to be a powerful driver of long-term returns.

Direct indexing only works well when you have a large taxable investment account balance.Read the full article 👉 https:/...
10/20/2026

Direct indexing only works well when you have a large taxable investment account balance.

Read the full article 👉 https://bit.ly/4ho9Qdh

One of the most overlooked benefits of a grandparent-owned 529 plan is that it no longer hurts a student’s chances for f...
10/20/2026

One of the most overlooked benefits of a grandparent-owned 529 plan is that it no longer hurts a student’s chances for federal financial aid.

Thanks to the FAFSA Simplification Act, fully in effect starting with the 2024–2025 school year, these 529 plans won’t be counted in federal aid calculations anymore.

In the past, money taken from a grandparent-owned 529 was considered untaxed student income, which could reduce aid eligibility by up to 50 cents on the dollar.

That’s no longer the case. Now, grandparents can contribute to a 529 plan and use those funds for a grandchild’s education without affecting the student’s federal FAFSA financial aid.

For grandparents who hesitated to invest in a 529 because of financial aid worries, these new rules clear one of the biggest roadblocks.

Keep in mind, though, that while this change applies to federal aid, colleges and universities may still have their own policies that treat 529 plans differently when awarding institutional aid.

Since 1942, the average bull market has lasted 4.4 years and delivered a 151% gain. In contrast, the average bear market...
10/19/2026

Since 1942, the average bull market has lasted 4.4 years and delivered a 151% gain. In contrast, the average bear market has lasted about 11 months with a decline of 31%.

Successful investing often comes down to patience, allowing the numbers to work in your favor over time.

Here’s a key truth about investing:To achieve strong long-term returns, you have to accept some uncertainty along the wa...
10/18/2026

Here’s a key truth about investing:

To achieve strong long-term returns, you have to accept some uncertainty along the way.

Many investors want portfolios that feel steady and predictable all the time, less ups and downs, fewer surprises.

But that sense of comfort often means giving up higher returns over the long run.

This isn’t a flaw in the market; it’s simply how investing works.

That’s why having a solid plan matters so much.

When markets get shaky, emotions can push you to make decisions based on how you feel in the moment.

A thoughtful financial plan helps you stay focused on your bigger goals instead of reacting to short-term volatility.

Investing isn’t about avoiding uncertainty; it’s about knowing ahead of time how you’ll respond when it happens.

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405 SW Waterfall Court
Lees Summit, MO
64081

Opening Hours

Monday 7am - 7pm
Tuesday 7am - 7pm
Wednesday 7am - 7pm
Thursday 7am - 7pm
Friday 7am - 7pm
Saturday 9am - 12pm

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