Century Management Financial Advisors

Scott Van Den Berg was quoted in the Kiplinger Personal Finance Newsletter with his Thanksgiving thoughts. https://lnkd.in/dx9pxZ2r

As we gather with friends and family this Thanksgiving, it’s important to remember the value of gratitude. Whether it’s the love of those around us, the opportunities we’ve had, or the lessons we’ve learned along the way, we all have something to be thankful for. Gratitude reminds us of what truly matters and encourages us to reflect on how we can give back to those in need. Wishing you and your loved ones a Happy Thanksgiving filled with joy, reflection, and appreciation for all life’s blessings. #HappyThanksgiving #Gratitude #FamilyFirst #ThankfulForLife #CenturyManagement #ScottVanDenBerg

The market is constantly shifting, and life changes can unexpectedly impact your financial plan. That’s why it’s essential to regularly update your financial strategy to ensure it still aligns with your goals. Whether it’s optimizing your tax strategies, adjusting your portfolio, or preparing for upcoming life transitions, proactive planning can make all the difference. If you haven’t reviewed your financial plan recently, now is the time to do it. Together, we can help ensure you’re not just reacting to changes but thriving in a way that supports your long-term success. #ProactivePlanning #StayAhead #WealthManagement #SecureYourFuture #CenturyManagement #ScottVanDenBerg

November is National Family Caregiver Month, and we're honoring the resilience of caregivers everywhere. If you're stepping into this role or already there, our recent article provides essential strategies to help navigate the financial and emotional aspects of caregiving, especially if it involves early retirement.? Here are 10 key takeaways from our webinar and article to guide your journey: 1. Understand Your Care Options: From home care to senior living facilities, knowing what's available helps prevent crisis-mode decisions. 2. Create an Income Plan: Early retirement can strain finances; consult a professional to bridge potential income gaps. 3. Build a Support Network: Regular family meetings and professional support can ease the emotional toll and keep everyone aligned. 4. Document Everything: Legal documents, power of attorney, and emergency contacts should be in order to ensure quick action when needed. 5. Consider Long-Term Care Insurance: Medicare has limits; long-term care insurance may cover home care, assisted living, and more. 6. Be Aware of Medicaid Requirements: Each state has residency requirements, and Medicaid acceptance varies by facility. 7. Acknowledge Family Dynamics: Caregiving can strain relationships—prepare for mediation if necessary. 8. Recognize Signs of Burnout: Caregivers often sacrifice their own health; listen to your body and seek help when needed. 9. Think Proactively, Not Reactive: Crisis planning can be costly and disruptive—start discussions now. 10. Stay Informed: Join webinars, support groups, or online communities to stay connected and educated. Caregiving is a journey that benefits from a proactive approach. To read more, click here for our full article https://lnkd.in/dQCnBvHy We at Century Management Financial Advisors are here to support you. #NationalFamilyCaregiversMonth #CaregiverSupport #FinancialPlanning #RetirementStrategies #FamilyCaregiving #LongTermCare #CenturyManagement #FinancialWellbeing #FamilyFinance

As we near the end of 2024, now is the perfect time to reflect on your financial progress and set clear goals for 2025. Are you on track to meet your retirement goals? Have you reviewed your investment portfolio to ensure it’s aligned with your long-term objectives? Now is the time to assess where you are and make the adjustments necessary to secure your financial future. A clear financial strategy today can provide peace of mind tomorrow. Don’t wait until the New Year to get serious about your wealth management. Let’s start the conversation now and help position you for a prosperous 2025. #FinancialPlanning #RetirementReady #WealthBuilding #CenturyManagement #ScottVanDenBerg

As the year draws to a close, now is the time to review key tax-saving opportunities that could mean keeping more of your hard-earned income. Have you reviewed your retirement contributions for 2024? You still have time to contribute more to your 401(k) or IRA, which can lower your taxable income. Is tax-loss harvesting right for you? If you have investments that haven’t performed well, selling them before the year ends can offset capital gains and reduce your tax bill. You can also carry forward losses to future years if they exceed your gains. Are you using a Flexible Spending Account (FSA)? If so, remember that many FSAs have a “use-it-or-lose-it” policy by year-end, so be sure to spend down those funds on eligible medical expenses before they’re gone. Don’t wait until it’s too late. A few smart decisions today could save you from a hefty tax bill next spring. #TaxSavings #YearEndPlanning #AvoidTaxSurprises #CenturyManagement #ScottVanDenBerg

On this Veteran’s Day, we pause to honor the brave men and women who have served in the United States Armed Forces. Their sacrifices have safeguarded the freedoms we enjoy today, and their commitment to our country is a reminder of the selflessness it takes to protect others. We are grateful for the courage and dedication of our veterans, and we owe them our deepest respect and gratitude. Let’s take a moment today to thank a veteran for their service, and reflect on how we can contribute to a stronger, more united community. #VeteransDay #ThankYouVets #GratefulForService #HonorAndSacrifice #CenturyManagement #ScottVanDenBerg

November is National Family Caregivers Month—a time to recognize the dedication and resilience of caregivers everywhere. Many caregivers, often family members, find themselves balancing their own careers, health, and finances while supporting a loved one. Our latest article offers practical insights on how to manage these unique financial challenges, from income planning to navigating complex care options. Here are essential steps caregivers should consider: ? Evaluate Care Choices Early: Familiarize yourself with options like home health, assisted living, and specialized care facilities to avoid last-minute decisions. ? Plan for Financial Gaps: If early retirement or reduced work hours are on the horizon, a financial plan is crucial to cover income shortfalls. ? Organize Legal and Financial Documentation: Powers of attorney, healthcare proxies, and clear instructions ensure smoother transitions in a crisis. ? Build Your Support Network: Coordinating with family and professionals can ease both the logistical and emotional demands. ? Consider Long-Term Care and Medicaid Options: Understanding coverage limitations and qualifications will help optimize resources and reduce out-of-pocket costs. Caregiving is a journey that impacts both family and finances. Proactively addressing these steps can provide clarity and peace of mind for you and your family. For a deeper dive, explore our full article: https://lnkd.in/dQCnBvHy Century Management is here to guide you through these complexities. #NationalFamilyCaregiversMonth #CaregiverSupport #FinancialPlanning #RetirementStrategies #FamilyCaregiving #LongTermCare #CenturyManagement #FinancialWellbeing #FamilyFinance

The end of the year is an ideal time to consider the numerous tax strategies that can help you maximize savings and potentially keep more of what you’ve earned. Are you taking full advantage of your retirement contributions? 401(k) limits have increased this year, and it’s one of the best ways to lower your taxable income while growing your retirement savings. Consider the power of charitable giving, especially as we approach the holiday season. Donating appreciated assets may help you avoid capital gains taxes while benefiting causes that matter to you. It’s a win-win for your portfolio and your community. Let’s not forget about tax-loss harvesting. Selling off losing investments before the year ends could offset your capital gains and reduce your overall tax burden. Reviewing your tax strategies and making any necessary adjustments can help you start 2025 prepared. Small changes now can lead to significant benefits later. Take action today and set yourself up for success.??https://lnkd.in/dsWQYDTs #TaxPlanning #WealthManagement #RetirementSuccess #2025Goals #CenturyManagement #ScottVanDenBerg