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how long could $1 million last if you retired tomorrow?

By |2025-03-27T11:07:10+00:00March 27, 2025|Weekly Update|

Fallen Tree Damage—Who Pays? Navigating the Complexities of Neighborly Disputes A majestic tree gracing your property can add beauty and value. But what happens when that tree falls, causing damage to your neighbor's property? The question of liability can be complex, and unfortunately, not always clear-cut. At 168 Wealth Strategies, we understand that unexpected events like this can have significant financial implications. This article explores the factors that determine who's responsible when a tree falls across property lines, helping you understand your potential liabilities and [...]

Fallen Tree Damage—Who Pays? Navigating the Complexities of Neighborly Disputes

By |2025-03-06T17:23:05+00:00January 30, 2025|Weekly Update|

Fallen Tree Damage—Who Pays? Navigating the Complexities of Neighborly Disputes A majestic tree gracing your property can add beauty and value. But what happens when that tree falls, causing damage to your neighbor's property? The question of liability can be complex, and unfortunately, not always clear-cut. At 168 Wealth Strategists, we understand that unexpected events like this can have significant financial implications. This article explores the factors that determine who's responsible when a tree falls across property lines, helping you understand your potential liabilities and [...]

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Buying a Vacation Home? 5 Questions to Consider First

By |2025-03-06T17:24:36+00:00January 30, 2025|Weekly Update|

Buying a Vacation Home? 5 Questions to Consider First The idea of owning a vacation home, a personal escape where you can relax and recharge, is a dream for many. Imagine lazy mornings with a stunning view, quality time with loved ones, and a place to create lasting memories. While the allure is strong, purchasing a vacation property is a significant financial decision. Before you jump in, it's crucial to ask yourself some key questions to ensure it's the right move for you. At 168 [...]

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The Cost of Procrastination: Why Later Often Means Less

By |2025-01-30T13:22:26+00:00January 30, 2025|Weekly Update|

The Cost of Procrastination: Why Later Often Means Less We've all been there. That nagging feeling of a deadline looming, the to-do list growing longer, and yet, we find ourselves scrolling through social media, cleaning out a junk drawer, or suddenly becoming experts in the history of paperclips. Procrastination, the art of delaying what needs to be done, is a common human experience. However, when it comes to your finances and wealth building, the cost of procrastination can be significant, potentially hindering your long-term goals. [...]

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Smart Giving: Maximizing Impact and Tax Benefits

By |2025-01-30T14:24:41+00:00June 13, 2024|Weekly Update|

Smart Giving: Maximizing Impact and Tax Benefits Charitable giving is a powerful way to express gratitude and contribute to a better world. However, responsible giving requires careful planning, especially when pursuing financial freedom. Giving should align with your values and be sustainable within your financial picture. A key question to ask yourself is, "What is most important to me about supporting the causes I care about, particularly within the aviation community?" Answering this question is the crucial first step in developing a strategic giving plan. [...]

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Webinar Replay: The 2024 Election & How it Could Affect Your Retirement

By |2025-01-30T14:24:48+00:00May 30, 2024|Weekly Update|

Webinar Replay: The 2024 Election & How it Could Affect Your Retirement Missed our live webinar on the 2024 election and its potential impact on your retirement? Watch the replay to gain valuable insights into key policy changes, market volatility predictions, and strategies to protect your retirement savings no matter who wins. Get expert analysis and prepare your portfolio for the future.

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Comprehensive Financial Planning: What It Is, Why It Matters

By |2025-01-30T14:24:55+00:00December 10, 2018|Weekly Update|

Your approach to building wealth should be built around your goals & values. "When you values are clear, your decisions are easier" - Roy Disney Just what is “comprehensive financial planning?” As you build a business, invest, and save for retirement, you will no doubt hear or read about it – but what does that phrase really mean? Just what does comprehensive financial planning entail, and why do knowledgeable investors request this kind of approach? While the phrase may seem ambiguous to some, it can be simply [...]

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Choosing A Beneficiary For Your IRA Or 401k

By |2025-01-30T14:32:00+00:00December 7, 2018|Weekly Update|

Choosing A Beneficiary For Your IRA Or 401k Avoid Accidentally Dis-Inheriting Loved Ones In Your Life Selecting beneficiaries for retirement benefits is different from choosing beneficiaries for other assets such as life insurance. With retirement benefits, you need to know the impact of income tax and estate tax laws in order to select the right beneficiaries. Although taxes shouldn't be the sole determining factor in naming your beneficiaries, ignoring the impact of taxes could lead you to make an incorrect choice. In addition, if you're [...]

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Tax Changes That May Be Overlooked

By |2025-01-30T14:40:27+00:00November 18, 2018|Weekly Update|

Tax Changes That May Be Overlooked Some alterations to the Internal Revenue Code were less publicized than others.  Provided by Scott Showers Late last year, federal tax laws underwent sweeping changes. Nearly a year later, you can be forgiven for not keeping up with them all. Here is a look at some important (yet underrecognized) adjustments that may affect the numbers on your 2018 federal return.1 First, most miscellaneous itemized deductions are gone. The Tax Cuts & Jobs Act of 2017 eliminated dozens of them through the [...]

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How New Tax Laws Affect Small Businesses

By |2025-01-30T14:33:06+00:00November 18, 2018|Weekly Update|

How New Tax Laws Affect Small Businesses A recap of the major changes impacting corporations and closely held firms. Provided by Scott Showers The Tax Cuts & Jobs Act changed the tax picture for business owners. Whether your company is incorporated or held closely, you must recognize how the recent adjustments to the Internal Revenue Code can potentially affect you and your workers. How have things changed for C corps? The top corporate tax rate has fallen. C corps now pay a flat 21% tax. For most [...]

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