Money Matters Review

Money Matters Review

The Money Matters Review can help assure that your retirement and investment plans are focused on your concerns and desires.

The first step is a complete “look-forward” review of your tax return in order to determine your current tax situation; identify items like phantom income, incorrect uses of taxable and tax-deferral strategies; and discover missed opportunities for offsetting gains and losses. This could be as simple as selling a losing stock to offset a capital gain on a mutual fund — something you may have missed by waiting until it was too late. Our Money Matters Review can help you implement the correct strategy to lower or eliminate your taxes and find the money falling through the cracks now and in your future.

The second step is an income analysis to determine if you are using your income sources properly. Are you using them in the most tax-efficient method? Do you still have adequate income to meet your future needs and the ever-increasing cost of inflation? This cost may be different than government-quoted inflation rates as everyone’s rate differs based on the specific items on which they spend their money.

The third step is a risk analysis to make sure your investment risk exposure is one you are comfortable with and is in line with your investment strategies. Research shows that some people make poor decisions and receive low rates of return or incur losses because they have more risk than they are comfortable with. A simple set of questions we use in our Money Matters Review will help determine your risk comfort level and help you avoid losses you are not prepared to handle or were not aware of.

There is no better time than now to look forward and take control with a Money Matters Review. Find out if you have problems like phantom income taxation or a wide variety of other tax issues. Are you preparing to sell real estate? Do you need to increase your income stream or lower your risk level? Have you lost a spouse and now have all the financial decisions to make? Are you retiring or rolling over a large sum of money? Are you selling a business? We’ll start with a complete discovery of what you want your money to do for you.

The wonderful benefit of our Money Matters Review is that it applies to any financial decision or concern you have, it helps you stop your money from falling through the cracks and it assures that any major financial decision is right for you. In other words, you will learn what questions to ask before making any financial decision and identify ways to assure your decisions are in your best interest.

Our Money Matters Review will also help determine what your next steps should be or what other areas need review, such as your estate plan, long-term care issues, charitable planning and more.

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Contact us online or call us at (843) 757-9400 today!