Nothing like a world-wide pandemic to get you ready for a Financial Fresh Start in the new calendar year. While 2020, certainly came with challenges, it also highlighted how important having a plan in place is for your sense of security now and into the future. Financial professionals Joe Anderson and Alan Clopine provide the tools to empower you to make a fresh start with your goals, savings accounts as well as your emergency and retirement funds starting today. From fine-tuning your portfolio to minimizing your tax exposure, you’ll learn how to get your finances back on track for 2021.
Important Points:
(01:13) – Financial Stress
(01:50) – Financial Fresh Start
- Re-Access Your Goals
- Get Your Financial House In Order
- Selecting and Fine-Tuning your Investments
- Minimize Your Tax Exposure
(03:36) – Common Financial Goals
(04:48) – Getting Your Financial House In Order
(06:00) – Savings Goal by Category Example
(06:44) – Automate Your Savings Goals
(08:45) – How Much You Can Contribute to an IRA and 401(k) in 2021
(11:12) – Top of the 12% Tax Bracket for 2021
(13:03) – Investing Your Retirement Accounts
(16:40) – Common Investor Mistakes
(20:10) – Tax Strategies for 2021
(24:07) – Ask the Experts
(25:17) – Pure Takeaway: Getting a Financial Fresh Start
- Revisit and Update Your Financial Goals
- Get Your Financial House In Order
- Investments Tailored to Your Goals
- Strategies to Reduce Income Taxes
