Munroe Morrow Wealth Management

In this exclusive webinar, Greg Munroe will talk about 5 strategies he recommends when trying to protect clients’ wealth from taxes and building a legacy for generations to come. You’ll walk away with concrete steps to improve your tax efficiency and safeguard your wealth. Register now to hear Greg’s top 5 recommendations!

The yield on the 10-year treasury has continued rising now standing at just shy of 4.2%. This kind of “backup” in yields is unusual in an easing cycle. Explanations run the gamut, but this could reflect increased odds of a Trump victory in November. https://ow.ly/jfY150TR5bO

??♂???♀? We had a blast at Paddy's Road Race this past Sunday! With nearly 3,000 participants, the event helped support Newton Athletes Unlimited, an amazing organization dedicated to providing recreational programs for individuals with disabilities. Shoutout Matthew Morrow, Kelsey Strait, and Kyle Hurley, CPA from the MM team for giving it their best (we are not a running team...) We gladly accept the challenge put out there by Mark Kelly, Director of Special Needs for Newton Parks & Recreation, to make the world a better place and make a positive impact in our communities. Check out Newton Athletes Unlimited and get involved today! #PaddysRoadRace #NewtonAthletesUnlimited #CommunityFirst #PositiveImpact

?? The Stock Market: A Path to Building Wealth Over Time ?? When it comes to investing, setting realistic expectations is key. Historically, the S&P 500 has averaged returns of 8-10% annually, but that doesn’t mean you should expect those returns each year. In fact, stocks can deliver much higher returns more often than you might expect. Over the past 150 years, the S&P 500 has posted gains of over 10% in 43.6% of the years. ?? While the road may be bumpy at times, long-term investors can take advantage of the market’s ability to grow wealth. With high potential returns, liquidity, and low cost, stocks remain one of the most effective ways to build financial security for the future. Source - Graphics provided by Visual Capitalist. #Investing #WealthManagement #FinancialFreedom #StockMarket #LongTermInvesting

Are you looking to boost your savings beyond your 401(k) or IRA contributions? A taxable investment account can be a powerful tool to supplement your retirement strategy. It provides flexibility, especially if: 1. You don’t have access to a 401(k) plan. 2. You’ve maxed out your retirement contributions. 3. You plan to retire before 59 1/2 and need access to your long-term investments without penalties. 4. Your IRA options are limited or nondeductible. Tax diversification across pretax, Roth, and taxable accounts helps you prepare for an uncertain tax landscape while keeping your retirement goals on track. #FinancialPlanning #TaxStrategies #WealthManagement #RetirementPlanning #TaxableAccount

Are you looking to retire in the next 5-10 years? If so, your focus should be on cash flow and liquidity. Even if your monthly bills are manageable, carrying debt into retirement can limit your options and flexibility. We help our clients look at the big picture and ask, "What are we building?" By spreading your investments across different funds and accounts, you’ll gain the financial flexibility needed to handle life’s unexpected events. This approach can also help you manage your income, potentially avoiding Medicare surcharges and other medical premiums. At the end of the day, it’s about positioning yourself now for a secure future. Flexibility is priceless, especially when you’re on a fixed income. Curious to see where you stand or how you are pacing? Reach out to us—we’re here to help. #retirementplanning #financialfreedom

?? Common 401(k) Mistakes to Avoid: With traditional pensions on the decline, more responsibility now falls on individual savings. Most employees have access to a 401(k) or 403(b), which can reduce your taxable income and build savings consistently. However, many make these common mistakes: ??. ?????? ???????????????????????? ???????????? ?????? ?????? ?????????????? ??????????: Don't leave free money on the table! ??. ?????????? ???????????????????? ??????????????????????????: A 1% annual increase can significantly boost your savings. ??. ?????????? ?????? ???????????????????????? ???????? ??????????????????????: Take advantage of long-term growth potential. ??. ???????????? ?????? ?????? ?????????? ???? ?????? ????????: You might be missing out on employer match money. ??. ???????????????? ?????? ???????? ??????(??) ????????????: Even small contributions can grow into significant tax-free income. ??. ?????? ?????????? ??????????-???? ?????????????????????????? ???? ???????? ????: Boost your savings if you feel behind. ??. ???????????????????? ??????????????????????????: Regularly review and update your beneficiaries. ??. ?????????????? ?????? ?????????????? ???? ?????????????? ????????: Avoid taxes and penalties by doing a rollover. By avoiding these pitfalls, you can better ensure your 401(k) helps you achieve your retirement goals. Need help reviewing your retirement plan? Reach out today! #FinancialPlanning #401k #Retirement #WealthManagement

It’s been a resilient first half of 2024. Will it continue through the election – and year-end? #LPLResearch weighs in. Check out LPL Financial's 2024 Midyear Outlook: Still Waiting for the Turn. https://ow.ly/J3b150SyLJE

Another great year participating in the RFK Community Alliance Open! It's an honor to be part of this incredible initiative, and to hear first hand how this organization is making a positive impact on the lives of families and individuals in central and eastern Massachusetts. Let's keep growing and nurturing our community together! ???? #RootedInCommunity?#HarvestHome?#CommunityPartnership

It’s profits, not politics; it’s companies, not countries. Are you worried about how the upcoming presidential election could impact the stock market? Listen to what Greg has to say about it…