Team Hewins

How does having irregular income affect personal cash flow management? A law firm partner, contract worker, or business owner who earns an irregular paycheck may find it harder to manage their cash flow. The less predictable nature of their income and the lack of #tax withholding can make managing one’s personal #CashFlow more challenging. Even with fluctuating earnings, you can master your cash flow, and these practices can help. #FinancialPlanning #HolisticFinancialPlanning #FinancialWellbeing #ClientsFirst #WealthPlanning

October is National #CybersecurityAwarenessMonth and serves as a great reminder that being prepared means both protecting yourself and being able to respond after an incident has occurred. If you experience a breach, follow these steps: https://hubs.ly/Q02V6qQ10

We are excited to share that our Chief Operating Officer, Ka-Tye Koo, will be speaking about The Evolving Role of the COO at Dimensional Fund Advisors’ upcoming Practice Management Symposium, a special industry event focused on growth, talent, and operational excellence. Congrats, Ka-Tye! 

As we observe Long-Term Care Planning Month in October, we want to cover a fundamental question: What issues should I consider for my aging parents? Becoming a caregiver for your aging parents can be emotionally draining and financially challenging, both for parents and for the caregiver's children. Below, we cover 5 key financial issues that you might not know of and need to consider when faced with helping and potentially caring for aging parents: 1. Review your parents' finances to determine if they can manage their expenses. There may be sources of income available to your parents that you may be unaware of. 2. Make sure you have access to your parents' important documents, such as any #EstatePlanning documents. You should have the names and contact information of any advisors they use, such as an attorney, financial advisor, or accountant. 3. If your parents need long-term care, you may need to prepare to cover the cost. Medicaid planning or a reverse mortgage might be options. 4. f your parents' estate is over a certain amount, then there may be an estate #tax issue. It's also important to ensure that your parents' beneficiary designations on insurance policies and retirement plans are up to date and reflect their wishes. 5. Make sure your parents' tax situation is in order, managing any capital gains or losses and fully utilizing any deductible medical expenses. While no one can predict the future, #LongTermCarePlanningMonth explores the options available should the time arise when the services would be needed outside of medical care, such as support for everyday living and basic personal care. If you have any additional questions, reach out to a CERTIFIED FINANCIAL PLANNER™ professional who can provide the guidance you need. #FinancialPlanning #FinancialWellbeing #HolisticFinancialPlanning #ClientsFirst #TaxEfficiency #WealthPlanning

The end of the year will be here before you know it, and it's time to start planning for it. #Tax codes, deductions, and various limits change each year, so it's important to stay up to date on your options. Year-end tax planning can empower you to navigate the complexities of the tax code and make the most of available deductions and credits. From retirement savings accounts to charitable distributions and contributions, there are several levers you can pull to reduce your tax burden for this year. In our recent blog, we covered four of the top tax planning tips. Read More: https://hubs.ly/Q02TQ3gV0

Get to know our clients and learn how our personalized support has impacted their journey to financial wellbeing 🧡 Thanks to Shelby Miller, CFP®’s support, her client can feel empowered and optimistic about her future. ↳Ready to take control of your financial future? Your goals are our priority. It’s YOUR journey, and we’re here to empower you every step of the way. Let's talk: https://hubs.ly/Q02TsVn10 #FinancialPlanning #HolisticFinancialPlanning #FinancialWellbeing #ClientsFirst #WealthPlanning

May the light of this season be in your heart all year long. Wishing you and your family love, peace, health, and happiness always!

Please join us in welcoming Alex Larsen to #TeamHewins as our new Associate Advisor! With a background in technical recruiting, Alex brings a unique blend of skills to our team. We're excited to see how Alex's expertise will contribute to our team's success and our clients' financial wellbeing. Please join us in welcoming Alex to the team! #WelcomeToTheTeam #MeetOurTeam #FinancialPlanning #FinancialWellbeing #ClientsFirst

In spite of all the uncertainty and challenges going on this year – major wars, inflation, and an extremely contentious election – markets of all flavors enjoyed a robust third quarter. Value and small cap stocks took center stage for the quarter, and bonds also enjoyed strong returns. Yields fell amid renewed expectations that inflation is coming down and may even continue to the Fed’s target of 2%. 💡Don’t forget that returns may come from unexpected places. Just another reason to be diversified, always. Read our third market summary to learn more: https://hubs.ly/Q02SFGWz0 #TeamHewins #Investing #Economy #MarketOverview

In a world where time is among our most precious resources, the old adage “time is money” has never been more relevant. But what does it really mean to value your time these days? ↳ It’s not just about hustling harder or working longer hours. It’s about making smart decisions that give you more time for the things that matter most. ↳ Whether you’re a busy professional looking to outsource tasks or a high-net-worth individual seeking to enjoy more of your time, you can decide how to spend your time in a way that leads to greater balance and fulfillment. Learn how to free yourself from time-consuming tasks and increase efficiency: https://hubs.ly/Q02P086N0 ❇️ ❇️ Interested in learning more about this topic and others? Receive monthly advice, how-tos, and guides to help you cultivate a happier, healthier relationship with #money. Sign up for our #newsletter here: https://hubs.ly/Q02P05Lb0 #PersonalGrowth #TimeManagement #ProductivityHacks #Worklifebalance #HolisticFinancialPlanning #ClientsFirst #WealthPlanning