Planning for What’s Next:
“We are living in a time of extraordinarily fast change. Just in the past couple of years we’ve navigated political instability, a pandemic, international conflict, two bear markets, consequential changes to taw laws, and the highest inflation in the last 3 decades. The only constant is change, so our job as fiduciaries and financial planners is to help you be prepared.”
Richard Heckard, CPA, AIF
Planning for What’s Next
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Investment Planning
After several years of steady growth since the Great Financial Crisis, since the Covid-19 pandemic we have seen growth begin to stall for several reasons. We’ve seen high volatility, high interest rates, bear markets, and mixed economic data.
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Tax Planning
Congress recently passed legislation which included nearly $80 billion dollars to the IRS, with reports of up to 87,00 new enforcement and audit agents. It’s more important than ever to ensure your taxes are in order and we’re proactively planning.
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Retirement Income
With 2 bear markets in just over 2 years, and inflation running at 30 year highs, retirees and those close to retirement are feeling the pinch. People are also worried if they can depend on Social Security in the coming years.
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Estate Management
Since the Covid-19 pandemic began, we’ve been seeing long delays and issues in the estate settlement process. Delays in getting death certificates and probate court being short staffed contribute to elongating estate issues, which complicate matters for your heirs.
