Gateway Financial Partners - Tim Hammond

07/13/2026

Without a valid will, state law may decide how your assets are distributed, regardless of what you may have intended.

Creating and reviewing your estate documents can help provide clearer direction for your family and make a difficult time a little easier to navigate.

06/29/2026

Short-term and long-term capital gains may be taxed differently.

In general, the length of time you have owned an investment can affect how a gain is treated when you sell. That means timing may matter just as much as the investment itself.

Before selling a highly appreciated position, it can be helpful to look at the holding period, cost basis, and how the sale fits into your broader tax picture.

06/28/2026

Not all retirement income is taxed the same way.

Different sources can be treated very differently at the federal level

Kiplinger has more:
https://www.kiplinger.com/taxes/how-is-retirement-income-taxed

It's important to know how common sources of retirement income are taxed at the federal and state levels.

06/25/2026

When markets feel uncertain, it is easy to focus on what is happening today.

Before making a change, consider asking:

1. Has anything changed about my goals or timeline?
2. Has my comfort with risk changed?
3. Does this decision fit my long-term strategy?
4. What could the tax impact be?

Not every market move requires a portfolio move. A few thoughtful questions may help bring the decision back to what matters most.

06/24/2026

Since required minimum distributions are generally treated as taxable income, they can affect more than the withdrawal itself.

Depending on your situation, an RMD may also influence:

• Medicare premium surcharges
• How much of your Social Security may be taxable
• Capital gains decisions later in the year
• Charitable giving and cash-flow planning

06/23/2026

Markets can change quickly, often without much warning. A thoughtful portfolio considers the role of diversification, risk, liquidity, and time horizon before uncertainty arrives.

Regular reviews can help make sure the strategy still reflects the goals and priorities behind it.

602-975-3737
[email protected]

06/18/2026

A dinner out and a movie to celebrate the end of another school year.

It doesn't take an elaborate plan to create a meaningful memory; what matters is that we're all together.

Watching these kids reach new milestones gives us plenty to celebrate!

06/17/2026

“I haven’t looked at my portfolio since January.”

That may sound harmless, but a lot can change in a few months.

Over time, market movement can cause your investments to drift away from your original target mix.

For example, if stocks have performed well, they may now make up a larger portion of your portfolio than originally intended. That can quietly increase your risk exposure without you realizing it.

This is why periodic portfolio reviews can be helpful.

Not to react to every market headline, but check in on whether your investment strategy still reflects your goals, time horizon, and comfort with risk.

A few things to consider reviewing:

• Has your asset allocation shifted?
• Are you taking on more risk than you intended?
• Have your goals or timeline changed?
• Does your portfolio still reflect your overall financial plan?

Small adjustments along the way may help keep your strategy aligned with your current needs and priorities.

When was the last time you reviewed your portfolio?

06/12/2026

Our family recently returned to Lake Powell with good friends for our annual visit.

There is something about the quiet water, towering canyon walls, and wide-open views that encourage you to slow down and appreciate the moment.

Grateful for lasting friendships, time with family, and the chance to recharge in a place that never fails to leave us inspired.

05/28/2026

Financial mindfulness is the idea of being aware of your financial decisions in real time, without reacting impulsively or with judgment.

At its core, it’s about paying attention to how money decisions are made, including the habits and emotions behind them.

Forbes has more:
https://www.forbes.com/sites/financialfinesse/2024/05/07/financial-mindfulness-the-key-to-enhancing-your-financial-life/?sh=48b668db11d5

Implementing financial mindfulness can be straightforward with the right strategies. Here are some practical steps to incorporate it into your daily life.