Financial Blog
Find helpful resources on everything from relocating and learning a new tax code to how to plan for your retirement at Horizons Wealth Management. Check out our latest blog post for helpful tips and considerations no matter where you are on your financial journey.
Reducing Taxable Income: Strategies to Minimize Your Tax Liability
Key Takeaways Maximize deductions and credits to reduce taxable income and lower your tax bill. Optimize your income by leveraging tax-advantaged accounts and income-shifting strategies to minimize taxes. Invest in tax-efficient investments and harvest losses to minimize taxable income and reduce your tax liability. As the adage goes, “nothing is certain except death and taxes.” […]
How to Retire Early
Retiring early is a dream shared by many but achieved by few. It’s not just about breaking free from the 9-to-5 grind but also about having the freedom to pursue your passions, travel, spend time with loved ones, or simply relax on a beach. Imagine doing all this while you’re still young and vibrant, without […]
How Long Will Retirement Funds Last?
Factors that Affect How Long Your Retirement Savings Will Last Several factors influence the duration of retirement savings, all contributing to how long your nest egg will last. Factors such as the rate at which you withdraw your savings, the performance of your investments, and the impact of inflation play crucial roles in determining the […]
Are you Ready to Retire?
Key Takeaways Achieving financial stability for retirement requires a thorough review of savings, investments, and debt management to ensure you can sustain your desired lifestyle without financial stress. Regular health assessments and planning for future medical needs are crucial in ensuring that health issues do not hinder the quality of life during retirement. Clearly defining […]
South Carolina Tax Guide
South Carolina State Taxes Nestled among the lush landscapes and historic charm of South Carolina lies a complex tapestry of tax regulations residents and businesses must navigate. From the sandy shores of Myrtle Beach to the mountain town of Greenville, understanding South Carolina’s tax system is essential for anyone living in or considering moving to […]
Best Gated Communities in Greenville, SC
Greenville, SC, nestled in the foothills of the Blue Ridge Mountains, offers an unparalleled blend of natural beauty and urban convenience. Among its many attractions are some of the most sought-after gated communities in the region. These exclusive enclaves promise not only privacy and security but also a host of luxurious amenities ranging from championship […]
A New Benefit: Some Companies Help Workers Pay Down Student Loans
Many companies now help employees pay off their student loans. Is this the wave of the future? Student loan debt has not only become more common, but the size of the average loan has nearly doubled over the past decade or so. Collectively, Americans carry more than $1.5 trillion in student loan debt. Learn more here.
These surprising spending truths could upend your retirement
When do retirees typically spend the most money (and what are they spending it on)? How much you spend will have a big impact on how well you live in retirement, according to new research from J.P. Morgan. Learn more here.
How to Think Like a Billionaire, No Matter How Much Money You Have
If you truly want to join the ranks of the super-rich, you’ll need to start thinking like you’re already one of them. Many ultra-wealthy people seem to share a few common traits. What do you think? Click here to read more.
Fee-Only Financial Planner: What’s the Difference?
To learn about the importance of working with a Fee-Only Financial Planner click here.