- Видео 132
- Просмотров 16 286
Wealth Financial Services & Tax Advisory
США
Добавлен 10 июл 2015
As independent fiduciary advisors, we craft custom, objective investment strategies to help build and preserve our clients’ wealth.
We are committed to helping individuals and families plan their financial journey with a comprehensive, fully integrated, safe, and secure retirement road map-helping clients attain the life they have always dreamed of.
We specialize in:
Income Planning
Risk Analysis
Tax Planning
Estate Planning
Healthcare Planning
We are committed to helping individuals and families plan their financial journey with a comprehensive, fully integrated, safe, and secure retirement road map-helping clients attain the life they have always dreamed of.
We specialize in:
Income Planning
Risk Analysis
Tax Planning
Estate Planning
Healthcare Planning
How to Minimize Capital Gains Tax
Get ready to pay Capital Gains Tax when you sell an asset, including stocks or real estate, for a profit. It's a good problem to have! But as Jordan with @WFSTA explains to @erinkennedytv , there are some strategies that can help you avoid or minimize capital gains tax, including:
1. Paying the Tax Now in a Low Tax Rate Environment
2. Donor-Advised Funds (DAFs)
3. Tax-Loss Harvesting
4. Holding Periods
5. Charitable Remainder Trusts (CRTs)
Each of these strategies comes with its own rules and potential pitfalls, so it's essential to consult a tax advisor or financial advisor to tailor the approach to your unique goals and current financial situation. If you'd like to see whether these strategie...
1. Paying the Tax Now in a Low Tax Rate Environment
2. Donor-Advised Funds (DAFs)
3. Tax-Loss Harvesting
4. Holding Periods
5. Charitable Remainder Trusts (CRTs)
Each of these strategies comes with its own rules and potential pitfalls, so it's essential to consult a tax advisor or financial advisor to tailor the approach to your unique goals and current financial situation. If you'd like to see whether these strategie...
Просмотров: 14
Видео
Popular "Financial Guru" Proposes an 8% Withdrawal Rule... Is that Realistic?
Просмотров 11День назад
Recently, on his popular show, Dave Ramsey, a well-known, "financial expert" dismissed the common advice to withdraw only 4% of your retirement savings annually as "moronic," advocating instead for an 8% withdrawal rate. In this video, Jordan with @WFSTA and @erinkennedytv talk through whether and when an 8% withdrawal rate makes sense. Here's the answer: yes, it might make sense. But it all de...
Navigating Market Volatility: Corrections and Opportunities
Просмотров 714 дней назад
Concerns about a cooling U.S. economy led to a recent market downturn. And that volatility may continue. As Jordan with @WFSTA explains to @erinkennedytv a correction was somewhat expected. Historically, we often see corrections around this time of year, particularly in August and September. But when our team at Wealth Financial Services and Tax Advisory constructs portfolios, we always conside...
Finding our Office
Просмотров 2614 дней назад
We are excited to meet you and provide you financial leadership in this ever-changing world! If you have any questions please call 847.499.3454
The 401(k) Rollover Mistake that's Costing Retirement Savers Billions
Просмотров 3321 день назад
There are so many benefits to rolling your 401(k) into an IRA. But turns out, according to @vanguard nearly one-third of investors who rolled their 401(k) into an IRA were still sitting in cash seven years later; they never invested their retirement savings! As Jordan with @WFSTA and @erinkennedytv discuss, these investors are missing out on billions in investment gains! This problem is most pr...
How to Recover Financially... From a Divorce
Просмотров 14Месяц назад
The older you are when you divorce, the less time you have to recover financially. And get this, one quarter of people getting divorced is now over 50! In fact, it's so common, it's been dubbed: grey divorce. In this video, Jordan Flowers with Wealth Financial Services & Tax Advisory and Erin Kennedy walk through 5 key action steps to get your financial life back on track. Those steps are: • 1....
Speaking on NBC 5 Chicago the importance of financial literacy and making wise decisions on money
Просмотров 7Месяц назад
Speaking on NBC 5 Chicago the importance of financial literacy and making wise decisions on money
4 Ways to Inflation Proof Your Retirement!
Просмотров 14Месяц назад
Inflation is the natural enemy of retirement savings, but there are strategies you can put in place to guard your nest egg from spiking consumer prices - and they may even allow you to use those higher costs to your advantage. According to @Jordan with @WFSTA and @erinkennedy, you should: • Keep Investing: time in the market is often your best inflation hedge • Maximize Your Social Security: an...
How to Optimize Your RMDs in Retirement
Просмотров 8Месяц назад
Required Minimum Distributions... whether you need the income or not, the government will force you to take those distributions so they can collect the taxes, but as @Jordan with @WFSTA explains to @erinkennedy, proactive planning means you control your tax liability. Here are Jordan's quick tips to optimize your RMDs: 1. Roth Conversions 2. Plan for Strategic Withdrawals 3. Delay Taking Social...
New Flagship Office Video Tour of Wealth Financial Services & Tax Advisory
Просмотров 447Месяц назад
Please call our main # 847.499.3454 to set up a time to help you have financial peace of mind!
Interest Rates are Staying High: How to Make them Work in Your Favor!
Просмотров 30Месяц назад
For several months now, The Fed has decided to leave interest rates unchanged. For the most part, this isn't great news for borrowers, but as @Jordan with @WFSTA explains to @erinkennedy, it may offer some unique opportunities for savers. High interest rates offer unique opportunities when investing in high-yield bonds or money market accounts. You may also want to consider an annuity, which ca...
Drone of new office location
Просмотров 502 месяца назад
Our new office is located on the intersection of Buffalo Grove Rd and Mc Henry Rd right next to the Buffalo Grove Golf Dome.
On a Fixed Income? Smart Strategies to Save Money
Просмотров 372 месяца назад
If you're on a fixed income, it's vitally important to stretch every dollar. But that's becoming increasingly difficult considering huge increases in necessary expenses. In this video, @Jordan with @WFSTA and @erinkennedy break down a few savvy strategies to save money on these expenses: -Property Taxes -Home and Car Insurance -Groceries In retirement, it's crucial to strike a balance between p...
5 Questions You Need to Answer--BEFORE You Retire
Просмотров 1732 месяца назад
To design your ideal retirement, you need to start with a few specific questions... and if you're married, make sure you do this exercise together! In this video, @Jordan with @WFSTA and @erinkennedy walk through what you should consider when answering these vital questions: 1. When do you want to retire? 2. Where do you want to live when you're retired? 3. How is your health? 4. How much could...
Do You Know... the 3 Financial Phases of Life?
Просмотров 82 месяца назад
Do You Know... the 3 Financial Phases of Life?
How Old is Too Old...for a Roth Conversion?
Просмотров 4,8 тыс.3 месяца назад
How Old is Too Old...for a Roth Conversion?
3 Strategies to Reduce Your IRMAA for Medicare Part B
Просмотров 5503 месяца назад
3 Strategies to Reduce Your IRMAA for Medicare Part B
Do I Pay Off My Mortgage Early... or Invest?
Просмотров 5293 месяца назад
Do I Pay Off My Mortgage Early... or Invest?
Biggest Retirement Regrets--and How to Avoid Them!
Просмотров 2024 месяца назад
Biggest Retirement Regrets and How to Avoid Them!
Financial Advisor Jordan Flowers Talks Tax Refunds and Tax Planning with ABC7 News Team
Просмотров 795 месяцев назад
Financial Advisor Jordan Flowers Talks Tax Refunds and Tax Planning with ABC7 News Team
Should Parents be Financially Taking Care of Their Adult Children?
Просмотров 205 месяцев назад
Should Parents be Financially Taking Care of Their Adult Children?
The 4 Expenses Retirees (Almost Always) Underestimate
Просмотров 9555 месяцев назад
The 4 Expenses Retirees (Almost Always) Underestimate
Steps to Protecting a Child with Disabilities
Просмотров 15 месяцев назад
Steps to Protecting a Child with Disabilities
5 Signs Your Advisor is Doing Real Financial Planning
Просмотров 155 месяцев назад
5 Signs Your Advisor is Doing Real Financial Planning
Palm trees or pickleball courts? What You Need to Know before Relocating in Retirement
Просмотров 485 месяцев назад
Palm trees or pickleball courts? What You Need to Know before Relocating in Retirement
Should you sacrifice your own retirement to help your adult children?
Просмотров 3415 месяцев назад
Should you sacrifice your own retirement to help your adult children?
3 Year End Tax Tips to Get on Track for 2024
Просмотров 4610 месяцев назад
3 Year End Tax Tips to Get on Track for 2024
5 Documents Every Wealthy Client Needs to Preserve Family Legacy
Просмотров 3710 месяцев назад
5 Documents Every Wealthy Client Needs to Preserve Family Legacy
Sound advice. I enjoyed the video. Practical advice.
@@RayPeterson-t3u I am glad you enjoyed the video
Thank you for the insight, very helpful!
@@MiguelShands so glad it helped you
I've always known that me and money don't speak the same language. You may be hearing from me.
Thank you. Appreciative of the straightforward upfront advice strategy.
@@rachelairth1704 my pleasure, I enjoy providing financial leadership
Jordan's high level breakdown of Roth conversion helped me to see the end goal. Not to get lost in the weeds. Thank you, Jordan!
@@JoeyPonce-n3i keeping the complex simple is my goal
Clear and concise!
Thank you very much @OurRetireEarlyJourney
68 yrs.old. Retired 550.000 in 401k can i convert 50.000 into a roth ira. Are is it to late for me. Live in Illinois .
Until I know your long term goals I can’t say for for sure, but it’s definitely not too late you may be in a perfect time to do a Roth conversion
If you are living in Kentucky, you don't have state taxes on IRA withdraws up to $31,000 (2024). So you can transfer to a ROTH up to that amount state tax free.
@@practicalshooter6517 I don’t have any clients in Kentucky but in IL as of now they don’t take IRA withdrawals/conversions so we are doing a lot of conversions next two years.
As for Iowa, they do not tax retirement income, including Roth conversions, for individuals who are 55 or older.
if I'm making 200k+ in retirement, I am not going to care....
"3 Strategies to Reduce Your IRMAA for Medicare Part B" is a perfect example of "hi, I'm from the government and here to help." How can you possibly screw this up worse? Oh wait, people who want "free" health care.
Great content.
Nice convo. I also had a paper route in fourth grade ($52/month). Any 18 year old living at home without a job and use to video games and out of work should be responsible for all the housework the parents did for them.
100% agree!
So proud to be a client!
Good stuff, quoting some scripture too! Amen Jordan
Great video, looking forward to more uploads. Take a look at followsm . c o m to get more social proof.
Very forward-thinking, Jordan! Thank you!