Vance Wealth Thumbnail 6 1016x572 - Retirement Tips by Generation: Maximize Your Savings During Each Stage of Life

Retirement Tips by Generation: Maximize Your Savings During Each Stage of Life

Shanele Stoll Retirement

It’s never too early to start planning for retirement – and it’s never too late. In fact, the best time to begin preparing for your ideal financial future is now. However, the right retirement and savings strategies are different at each stage of life. To help you get an idea of where to start, here are the top money mindsets and strategies we recommend to help optimize your retirement over a lifetime. Early Career & Young Families When you first …

How much to save by age 1016x572 - How Much Should You Be Contributing to Your 401k by Age? Tips for Planning Your Retirement

How Much Should You Be Contributing to Your 401k by Age? Tips for Planning Your Retirement

Shanele Stoll Retirement

At Vance Wealth, we understand that everyone’s financial journey is unique and personal. We believe that you deserve a partner who can transform the complex into simple, providing clarity and a clear understanding of the path to your dreams and those of your family.  Planning for retirement is a crucial aspect of personal finance, and we wanted to provide some guidance on one of the most effective tools for retirement savings a 401k plan. A 401k is a retirement savings …

IRS

The IRS has increased the 401(k) plan contribution limits for 2023

VanceWealth Retirement

The IRS has increased the 401(k) plan contribution limits for 2023. Millions of Americans can save more in their retirement accounts in 2023 due to inflation adjustment increases to contribution limits recently updated by the Internal Revenue Service. The higher limit contributions offer significant savings opportunities. Please see our updated fact sheet for more details. Please see our updated Retirement Plan Limits Fact Sheet Don’t miss out on this great opportunity to save more for retirement. We encourage you to …

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7 Social Security Myths & Truths

Shanele Stoll Retirement

There’s so much at stake when it comes to determining your ideal retirement plan. How do you ensure you’re getting the most from your hard-earned Social Security benefits? Deciding when to file can be confusing enough as you attempt to juggle the many variables that determine your optimal plan. Yet plenty of misinformation persists around this topic, making it even more challenging to navigate this complex decision. That’s when having someone on your side really makes the difference. Our clients count on …

Team meeting

Santa Clarita 401k Advisor offers valuable benefit to help employers attract talent

VanceWealth Business Owner, Retirement

Santa Clarita 401k Advisor offers valuable benefit to help employers attract talent. Financial education can provide competitive edge in hiring shortage. Santa Clarita, Calif. — Santa Clarita wealth management firm and 401k Advisor Vance Wealth recently announced a new benefit that may help local businesses attract and retain top talent. The added perk could give employers an edge if they’re experiencing a hiring shortage. Vance Wealth now offers a 30-minute financial planning session to all participants enrolled in an Advanced 401k …

4 Keys  Business owner 1016x677 - 4 Keys to a Strong Financial Foundation for business owners

4 Keys to a Strong Financial Foundation for business owners

VanceWealth Business Owner, Financial Planning, Retirement

  At Vance Wealth, we believe financial planning should empower you to achieve what matters most. Our thoughtful process is designed to help you stay the course when things are working, and embrace change when it’s needed to forge a path to something greater. For business owners, this includes a financial plan for your company that’s as comprehensive as your personal plan – and it all starts with four best practices that set up every business for success. “One of the …

TT JF Guest  1016x677 - Start The Year With 3 Keys To Financial Success

Start The Year With 3 Keys To Financial Success

VanceWealth Financial Planning, Market Commentary, Retirement

There are three keys to starting 2021 with personal and financial success. Here are our recommendations from the Vance Wealth advisors.   After a year like 2020, it might be tempting to jump straight into 2021 and never look back. Last year, we all dealt with massive disruption and change in life and business, so this year, we’re all eager to return to some sense of normalcy. But moving forward without a clear picture of how those changes affect your …

401k team 1016x677 - 10 Tax Saving Tips That Must Be Applied Before 2021

10 Tax Saving Tips That Must Be Applied Before 2021

VanceWealth Business Owner, Retirement, Tax Issues

We’ve got some great tax-saving tips for you, but they require action before the end of the year. There are only a few weeks left of viable tax planning time in 2020, so let’s dive right in.   Do You Need To Act Now? You may need to pivot your tax plan before the end of the year if any of these factors apply to you: You need to increase your liquidity You’re in a lower tax bracket than a …

Meet the Team Tyler - Health Tip - Committed To Continuous Growth in Life & Business

Health Tip – Committed To Continuous Growth in Life & Business

VanceWealth Achieve More, Retirement, Team Update

Maintaining a productive mindset has been a challenge as we all navigate working remotely and engaging with a team in a highly digitized world. Hours spent in front of screens have taken a new toll on our energy levels, and by the end of the day, it’s easy to feel that special kind of “Zoom exhaustion.” Tyler Tilton, Wealth Advisor at Vance Wealth, has a simple trick to keep his energy up and digital burnout at bay. Twice a day, …

Group TT PH Natasha 1016x677 - Do I have enough to retire with the lifestyle I had planned?

Do I have enough to retire with the lifestyle I had planned?

VanceWealth Market Update, Retirement

If there’s one thing for certain, it’s that most of us don’t like uncertainty. It’s inherent in our nature, we like safety and security. If you’re nearing retirement, you’re probably asking yourself, “do I have enough to retire, with the lifestyle I had planned?” As simple as it sounds, living comfortably comes down to cash flow. You need to analyze your timing, your expected future income, your spending desire, and your portfolio characteristics, such as risk tolerance and asset allocation. …