CayDen Wealth Management

Three simple keys to #building long term #wealth: 1. Plan for what success looks like, for you. Create SMART goals to achieve your version of financial freedom. 2. #Save actively and often. Pay yourself first. 3. #Invest passively with index funds. ??????'?? ???????? ?????? ????? ???????????? ???? ????? ???????????????, ???????? ?????? ????? ????????? ???????????????. Keep it simple! ---------------- #Plan, #save, and #invest for financial success and your own version of #FinancialFreedom with CayDen Wealth Management. > Schedule your intro meeting and free financial review at www.caydenwm.com

"Financial freedom" means something different for everybody. My clients each have vastly different ideas of what financial freedom means for them and their family. But one thing everyone's #FinancialFreedom goal has in common is that ?????????????????????? what exactly financial freedom means to ?????? and your family, is the first step to achieving it. You have to know where you want to go, financially, in order to create a plan to get there. Once you know where you are, where you want to go, and you have a plan in place, your vision of "financial freedom" becomes much more of a reality. Then its simply a matter of execution. -------------------- We help our clients achieve their ideal version of financial freedom by further creating savings systems and investment strategies to automate the wealth building process. #Plan #Save, & #Invest for your own version of financial freedom with CayDen Wealth Management. Schedule your intro meeting and free financial review at www.caydenwm.com

At CayDen Wealth Management we partner with our clients and their families as 100% #Fiduciaries, 100% of the time.? #Plan, #Save, and #Invest for your own version of #FinancialFreedom with CayDen Wealth Management. Schedule your intro meeting and free financial review at www.caydenwm.com

With the end of 2024 coming our way, new #retirement #ContributionLimits have been announced by the IRS. Retirement savings are often the largest financial nest egg we, as #savers and #investors, have in retirement. So these annual updates are much welcomed by ambitious savers. ?*??????(??), ??????(??), ??????, ?????? ?????? ??????????: ??- Annual contribution limit is now, $23,500, an increase of $500 from $23,000 in 2024.? ??- If you’re 50 or older, you can make an additional $7,500 catch-up contribution, bringing your total potential contribution to $31,000. ?*Higher Catch-Up for Ages 60-63 ??- SECURE 2.0 introduced a higher catch-up contribution for those aged 60-63, setting it at $11,250 for 2025. ?*?????? ??????????????????????????: ??- The annual IRA contribution limit has been maintained at $7,000, with a $1,000 catch-up provision for savers and investors age 50+—now with a cost-of-living adjustment under SECURE 2.0. ?????? ????????????????? Take advantage of these increases in contribution allowances to supercharge your retirement savings in 2025. Even a small boost can make a significant difference over time. Are you on pace to max out your retirement accounts in 2024? What about 2025? ------- #Plan, #Save, & #Invest for financial success and your own version #FinancialFreedom with CayDen Wealth Management. Schedule your intro meeting and free financial review at www.caydenwm.com.

"Owning the stock market over the long term is a winner’s game, but attempting to beat the market is a loser’s game." - John C. Bogle Confidently #Plan, #Save, & #Invest for your own version of #FinancialFreedom with your CayDen Wealth Management team of advisors.

?? Client Financial Success Story at CayDen Wealth Management ?? $92,000 of earned income shielded from the tax man!.. We recently formulated a strategy for one our clients that had a high W2 income from their full-time job, plus a thriving side business. His goal? #LowerTaxes while aggressively #building #wealth… After analyzing his full financial picture, we recommended a strategy that's one of the MOST #powerful #tax reduction tools available to entrepreneurs: doubling up on tax-advantaged #retirement savings! How? By maxing out both his 401(k) and SEP IRA, he was able to shield $92,000 of income from taxes this year!! This strategy not only lowered his immediate tax burden, but also allowed him to invest for retirement in tax-deferred accounts—giving him more control over how his income is taxed later in life. It’s a HUGE #WinWin: Dramatically reduced taxes today and a stronger future tomorrow! ?? If you’re looking for ways to build wealth and lower your tax bill, let’s chat. There's power in having the right strategy! Schedule your intro meeting and free financial review at www.caydenwm.com #TaxPlanning #WealthBuilding #EntrepreneurLife #CayDenWealthManagement

Two #TaxPlanning and #FinancialPlanning #facts with the incoming #President elect: 1. #Taxes will change. and 2. Every #investor needs to reconsider including #Bitcoin exposure to their overall #investment portfolio. Are you having these discussions with your team of financial #advisors? ------------ #Plan, #Save, & #Invest for your own version of #FinancialFreedom with CayDen Wealth Management. Get started by scheduling your intro meeting and free financial review at www.caydenwm.com

The journey continues. The learning never ends. #CPAJourney #MSA ----------------- I’m happy to share that I’ve obtained a new certification: Auditing I: Conceptual Foundations of Auditing from University of Illinois Urbana-Champaign! ----------------- What do #Auditing and #WealthManagement have in common? Well, that's something I had to figure out myself, and focus on when the class and topics got challenging... The truth is, studying auditing provided valuable insights that have further shaped my approach to wealth management and serving our clients at CayDen Wealth Management. Here are key #lessons that I felt translated directly to managing finances: 1. Financial Statement Analysis?– Deep dives into balance sheets ensure accurate asset evaluation. Critical for #accuracy of longterm #planning. 2. Internal Controls?– Safeguard against risks and protect client wealth. 3. Risk Assessment?– Identifying and mitigating risks specific to clients’ households and their goals is crucial for sustaining wealth. 4. Regulatory Compliance?– Ensuring portfolios are tax-efficient, and tax returns are filed accurately and timely reduces expenses. 5. Ethics & Professional Skepticism?– Maintaining trust and spotting red flags early protects investor interests. 6. Fraud Detection?– Protecting clients from potential financial and investment losses that arise from investing in fraudulent companies. 7. Data Analytics?– Leveraging tech for smarter, data-driven decisions. 8. Attention to Detail?– Small discrepancies can lead to big issues and big improvements. 9. Documentation & Reporting?– Clear records build transparency and improve data-driven decision making. 10. Collaboration & Communication?– Working seamlessly with a team of professionals and communicating complex ideas effectively is the name of the game in providing top-tier financial services. #StayTuned #TheJourneyContinues

Hit your savings or investing goal this past week? Congratulations... get back to work saving and investing for your version of #FinancialFreedom. Missed your goal? Spent more than planned? No problem… just get back to work living below your means, saving, and investing. Whether you're consistently on track or facing minor setbacks here-and-there, the key is to stay the course. Keep living below your means, keep saving, keep growing your wealth, keep climbing. Financial success is a journey—one step at a time. Keep going! #FinancialPlanning #StayTheCourse #KeepGrowing ----------------- Want help #planning, #saving, and #investing for your unique financial journey? Schedule your free financial review and intro meeting today. We will provide you with a snapshot of your current financial situation, discuss how you're currently planning, saving, and investing, and tell you about how we would approach it if you decided to partner with us. www.caydenwm.com

What does a fully funded #EmergencyFund facilitate? 1. The ability to quit or lose your job while taking the necessary time to find the BEST fit for your next job, not just the next one. 2. The ability to invest confidently in long-term growth assets, knowing you have a smart place to draw money from in the case of a financial rainy day or emergency. 3. The ability to start a side #business, or quit your job to build a business (with a larger Emergency Fund established) *And just how big should your Emergency Fund be? Well, that depends on your household’s specific financial situation and familial situation. Below is a simple benchmark that can help you determine what level is best for you. But at the end of the day, financial planning is specific to you and your household’s needs... -Single and renting: 2 - 3 months -Single and you own your home: 6 - 9 months -Dual income and renting: 2-3 months -Dual income and own your home: 6 - 12 months -Child dependent: 6 months -Child dependent + Own home: 9 - 12 months -Single, want to start business: 12 - 24 months -Dual income, want to start business: 12 - 24 months -Child depended, want to start a business: 18 - 36 months Starting a business involves significant risk. You won't have the security of a regular salary, and you'll need time to establish a profitable income that exceeds your business expenses. Therefore, it's crucial to give yourself a longer runway than you initially anticipated (trust me, I've been there). Build up your emergency fund to confidently grow your wealth and take the investment risks you desire. ____________________________ Want help planning for your specific situation, and planning, saving, and investing for your own version of #FinancialFreedom? Reach out and schedule your free financial review and intro meeting, today. At www.caydenwm.com