Belleair Wealth Management

As an investor, you probably track the return on your investments. But it’s likely that you look at the nominal return, which is the percentage increase or decrease in the value of an investment over a given period of time, usually expressed as an annual return. To estimate actual income or growth potential in order to target financial goals — for example, a certain level of retirement income — it’s also important to consider the real return, which includes the effects of taxes and inflation. https://lnkd.in/e_aj-8eY

If you have a traditional pension — also called a defined benefit plan — when you retire, your plan may offer several payout options, including a qualified joint and survivor annuity (QJSA) if you are married. A QJSA is an annuity that pays a dollar amount (usually monthly) for the rest of your life, with at least 50% of that amount continuing to your spouse after your death. Learn more below. https://lnkd.in/eyfwj_Rc

A growing number of Americans are moving towards a “cashless” society. As a result, credit cards are being used more often than ever — especially by those with higher incomes. How can you make the most of your credit card? https://lnkd.in/eQZ4M9kP

Your life insurance needs change as your life changes. When you are young, you may not have a need for life insurance. However, as you take on more responsibility and your family grows, your life insurance needs increase but then decrease after your children are grown. https://lnkd.in/edzhg5Gd

When your auto insurance policy renews, chances are that your premium will be going up, possibly by a lot. Rates vary by state and location, but nationwide, premiums increased more than 18% between July 2023 and July 2024. Can You Put the Brakes on Rising Auto Insurance Premiums?

On September 18, 2024, the Federal Reserve’s Federal Open Market Committee (FOMC) lowered the benchmark federal funds rate one-half percentage point to a range of 4.75% to 5.0%. It was the first rate cut since the Fed raised the funds rate aggressively from March 2022 to July 2023 to help control inflation. What Could It Mean for Your Finances?

Did you know the average U.S. family's net worth recently has surpassed $1 million? While this milestone is impressive, the median net worth tells a different story. Learn more below. #WealthBuilding #MillionaireMindset #FinancialGoals https://lnkd.in/etVKK-Em

Thinking of selling your home? 🏡 Don't let capital gains taxes catch you off guard! Learn how to navigate the tax rules and keep more of your profit. 💰 #RealEstate #CapitalGainsTax #FinancialPlanning https://lnkd.in/ebwjFfEe

Looking for timeless wisdom on investing? Check out these eight great quotes to inspire and guide your financial journey. #InvestingWisdom #FinancialQuotes #SmartInvesting https://lnkd.in/eXndJERm

Did you know you can claim retroactive Social Security benefits? Learn how this option could help you maximize your retirement income. ⏳💰 #SocialSecurity #RetirementPlanning #FinancialTips https://lnkd.in/eg642KZT