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.

Deciding when to let your children stand on their own can be tough, especially when they’re contending with student loans, underpaying jobs, or sky-high rents. But easing your kid’s entry into adulthood could be undermining your own financial security. According to a December survey from CreditCards.com, three-quarters of parents are providing financial support for their adult […]

Basing your spending off how your friends spend their money is a huge mistake to make.  Large spenders may also be building crippling debt. You won’t find a real answer to how you’re doing in a Federal Reserve survey or a social media feed.  You will find it by measuring yourself against rules of thumb, refined […]

Getting a big tax refund feels good, but it means you essentially gave the government an interest-free loan.  If we hate paying taxes, then why do we consistently overpay them, collectively lending Uncle Sam some $300 billion year after year—interest free? Read more here:

How will the Trump tax plan change YOUR taxes? Will the GOP tax plan lower your taxes or raise them?  The House and Senate are expected to pass the final version of the tax bill this week, but  polling shows that most Americans don’t expect the bill to benefit them.  With this calculator, find out if that’s the case. The […]

It’s the most wonderful time of the year for shoppers. With huge sales and steep savings at nearly every retailer, Black Friday — the day after Thanksgiving — has long been touted as one of the best times of the year for buying just about anything. But it won’t be all discounts and deals during […]

The arrival of 2018 will bring with it several changes on the Social Security front. This slow increase in the full retirement age presents a challenge now that Americans are living longer and saving less.  If Social Security is important in your life — or the life of someone you love — you should know about some […]

How to have a long and healthy retirement: It’s a time when we’re supposed to find happiness, but post-work life is often associated with severe health problems. Below are some tips to help you live long and prosper. Source: https://www.theguardian.com/lifeandstyle/2017/may/15/how-to-have-long-and-healthy-retirement

It sounds simple enough: Make an investment adviser put the interests of his or her clients ahead of his own.  But the rollout of the so-called fiduciary rule, approved by the Department of Labor during the Obama administration, continues to be delayed, as it faces fierce opposition from the financial industry.  For author and business strategist […]

What’s the biggest threat to a comfortable retirement? Ignorance. The decisions you make leading up to retirement, including how much to save, how to allocate your investments, when to take Social Security and how to anticipate your retirement expenses can make a big difference in your old age. And the decisions don’t stop on day […]

Becoming rich is nothing more than a matter of committing and sticking to a systematic savings and investment plan. If you want to get rich, start investing- and start as early as you possibly can. To illustrate the simplicity of building wealth over time, Bach created a chart detailing how much money you need to […]