Retirement planning is a multifaceted process that requires careful consideration and strategic decision-making. It's not just about how much money you can put aside during your working years, but also how you utilize those funds in your golden years. Efficient saving and strategic withdrawal from various accounts is the key to a financially secure retirement.
Antwone Harris, MBA, CFP®, is Chief Planning Strategist at Platinum Bridge Wealth Strategies in Washington, D.C. He shares insights on how financial literacy profoundly impacts people’s lives, as money represents freedom rather than simply the ability to buy things. With financial security, individuals can send their children to better schools, access improved healthcare for their families, and enjoy a more relaxed and fulfilling life. Therefore, teaching people how to obtain, maintain, grow, and leverage their finances is crucial beyond just their time and labor.
Antwone Harris, MBA, CFP®, Chief Planning Strategist of Platinum Bridge Wealth Strategies, discusses how during times of uncertainty, an investor can use a covered call to deliver downside protection while capturing upside gains.
Donating stock to charity is simply one of the most tax-smart ways to give. If you are inclined to make a charitable contribution for 2020 it makes sense to gift appreciated stock. You will receive a double tax benefit.
If you have been laid off or face business downturns, you may wonder if you should claim Social Security now. These guidelines can help navigate the decision. Plus, how Social Security is functioning during the pandemic.
SWITCHING COMPANIES? WHAT ARE THE PROS and CONS of ROLLING OVER YOUR 401(k) - or other company retirement plan (403(b), TSP, 457(b).