Olistico Wealth

Stubborn inflation and mixed economic signals continue to shape markets. This month's Market Insights breaks down what drove performance and what investors are continuing to watch in 2025. #Markets #StockMarket #FederalReserve #TradePolicy https://lnkd.in/gRCv4fft

Steady Fed policy and unexpected tech news shaped February's markets. This month's Market Insights breaks down what drove performance and what investors are continuing to watch in 2025. #Markets #StockMarket #FederalReserve #ArtificialIntelligence https://lnkd.in/g4zVbue9

Congratulations to Tony for earning the Accredited Investment Fiduciary (AIF?) designation! The AIF designation assures clients that their advisor adheres to the highest standards of fiduciary responsibility, prioritizing their best interests in all financial decisions. #OlisticoWealth #AIF #WealthManagement #Fiduciary #Finance

If you haven't had a chance to read it yet, take a moment to check out Retrospect Volume VI. Our semi-annual magazine includes updates on our client services and the market. It provides a recap of market news from 2024 and offers insights into potential future market trends. Read the magazine here: https://lnkd.in/gsGpdWia Feel free to browse our site for more articles and check in often to read the latest content! If you ever have any questions about the topics we discuss in our posts, give us a call. We are always here to help!

Estate planning is one of the most misunderstood components of financial planning — people assume it is exclusively used for the ultra-wealthy or older generations, or they think the legal documents are too expensive and time-consuming. Our partnership with EncorEstate plans allows us to provide our clients with a seamless process for establishing their estate plan. 47% of Americans say they would like an estate plan, but haven’t gotten around to it yet. 100% of Americans who have completed or updated an out-of-date estate plan: - Have confidence their affairs are in order for their loved ones - Feel in greater control of their end-of-life medical decisions and that their family can advocate for them with confidence - More comfortable communicating with the next generation about the future If you would like to start the conversation about developing your estate plan, give us a call. We are ready to help! #EstatePlanning #WealthManagement #OlisticoWealth

January is National Financial Wellness Month. How confident do you feel about your finances? When we think about financial wellness, it often centers on numbers: 1. Account balances 2. Investment returns 3. Debt levels However, true financial wellness is about more than the numbers. It’s about the sense of confidence that comes from having a thoughtful strategy for today and tomorrow. Think of it like your physical health: - Consistent care and proactive preparations - Regular check-ins and adjustments - Partnering with a professional to stay on track It’s not a “set it and forget it” situation. Financial wellness is an ongoing journey, and having support can make all the difference. As the new year begins, consider giving your financial health a checkup. Whether that’s revisiting your retirement strategy, updating your budget, or discussing your goals, investing in your financial wellness now can lead to greater confidence in you and your family’s future. We are here to help position your wealth for long-term success. If you have any questions, don't hesitate to reach out to us. #FinancialWellness #WealthManagement #OlisticoWealth

Did you know only 30% of Americans make New Year’s resolutions? Most resolutions fade quickly, but when it comes to personal finance, a thoughtful approach can make all the difference. Here are three practical strategies to kick off your financial year: 1?? 12 Mini-Resolutions: Break down big goals into manageable monthly tasks. January might be the time to review retirement contributions, and February might be the time to update your beneficiaries. Tackling one thing at a time makes it more achievable. 2?? Reverse Resolutions: Focus on what to stop doing. Maybe it’s cutting impulse buys or ending procrastination on certain decisions. Stopping the right habits can be a game–changer. 3?? Risk Management Focus: Consider reviewing your insurance coverage every year. Also, you might want to take a look at extended care options, especially as you approach retirement. Here’s to a year of financial progress and lasting success! If you want to learn more about Innovative New Year's Resolutions, take a look at our latest blog post: https://lnkd.in/gysFj66T #FinancialGoals #Money2025 #WealthBuilding

Ever wondered if you've left money behind in old retirement accounts? You're not alone! We have heard many stories of people who uncovered thousands in forgotten retirement funds from previous employers. How did they discover these forgotten funds? By simply reaching out to their past workplaces. Here are some actions you can take if you think you may have funds left with old employers: 1. Review your resume to make a comprehensive list of all your past employers 2. Create a simple form letter requesting information about potential retirement accounts 3. Send the letter to HR departments or plan administrators of each former employer 4. Contact them to follow up Remember, it's YOUR money. Don't let it get lost in the shuffle of life's changes. If you uncover lost funds, you can roll them into your current employer's plan, withdraw them (with potential tax consequences), or you can roll them over into a new IRA account. Whichever method you choose, we are always happy to help! If you have ever rediscovered a forgotten account, share your story in the comments! #RetirementStrategy #OlisticoWealth #HiddenMoney

Parents with multiple 529 accounts, do you know the rules of how the funds can be distributed? Here is a story we heard about a 529 mistake. A parent used funds from their daughter's 529 to pay for their son's college expenses, assuming the accounts were interchangeable. However, the daughter's account was overfunded, while the son's was underfunded. The result? The withdrawal was treated as a non-qualified distribution and incurred income and penalty taxes. Key takeaway: While you can transfer funds between 529 accounts or change beneficiaries, consider giving us a call first so that we can help you understand 529 plan rules and help you navigate their complexities. #529Plans #FinancialTips #OlisticoWealth A 529 plan is a tax-advantaged college savings plan. Before choosing a plan, it's important to consider not only the state tax treatment but also any associated fees and expenses. Availability of a state tax deduction will depend on your state of residence, as state tax laws and treatment may vary from federal tax laws. And as this parent learned, if you make non-qualified distributions, earnings will be subject to income tax and a 10% federal penalty tax. If you have more questions, a tax, legal, or accounting professional may be able to provide you with some real-life advice.

As the year winds down, here are 7 year-end tax ideas to consider: 1?? Check your retirement contributions to your 401(k), IRA, and HSA limits. Are you hitting the limits? 2?? Charitable giving: Have you considered donating appreciated securities and other options? 3?? Investment portfolio review: We can have a discussion with you if your circumstances have changed, so that your financial plan is aligned with your goals and risk tolerance. We can also communicate with your tax accountant, estate attorney, and anyone else involved in your wealth picture to ensure you are on the best path. 4?? Business owners: Now is a great time to review estimated tax payments and determine whether you need to purchase any equipment. Your tax professional may also help here. 5?? Estate management check-up: Have you utilized annual gift exclusions? Is your trust funding on track? We can work with you to create an estate plan to ensure your legacy will be left in an efficient manner and according to your wishes. 6?? Roth conversion opportunities: Have you analyzed potential long-term tax benefits? 7?? Review required minimum distributions (RMDs): Don't forget inherited accounts! Have any questions? Your financial future is worth the conversation. Give us a call. #FinancialStrategy #YearEnd #TaxManagement #OlisticoWealth The information presented in this post is for educational purposes only and does not constitute tax advice. We are not tax professionals, and you should consult with a qualified tax advisor for advice regarding your specific situation.