WealthBridge Financial

The New York Life Wealth Watch survey reveals some eye-opening statistics about the "Great Wealth Transfer." On average, adults who expect to receive an inheritance anticipate a value of $738,724.23. However, 58% of them anticipate inflation to impact the value significantly. It's essential to have a strategy in place to manage your inheritance. #PreservingWealth #InflationImpact Source: NewYorkLife.com, July 19, 2023

Excited to have Joe joining the firm!

The "Great Wealth Transfer" is underway! According to the New York Life Wealth Watch survey, 15% of American adults expect to receive an inheritance in the next decade. While this may provide a financial lift for some, it's important to consider the challenges we face in today's economic environment. From inflation to growing credit card debt and unexpected expenses, our financial progress can be impacted. What are your thoughts? #FinancialWellness #WealthTransfer Source: Finance.Yahoo.com, July 19, 2023

Did you know that not all individuals inheriting wealth are confident in managing their newfound funds? Only 42% of adults expecting an inheritance feel very comfortable financially handling it. Furthermore, inflation is expected to have a medium-to-large impact on the sum inherited by 58% of adults. It's crucial to prepare and consider seeking guidance to make the most of your inheritance. #InheritancePreparation #FinancialConfidence Source: NewYorkLife.com, July 19, 2023

Gain the freedom to run your business on your terms by joining our firm. You'll become part of a strong community that provides hands-on support, back-office efficiencies, and proven infrastructure–giving you time to focus on relationships. Let’s chat more about your future! #businessbuilding #careergoals #financialadvisor

#FINANCIALTIPFRIDAY $252 per year on streaming services might not seem like a lot, but consider how that money could be working towards your retirement instead. #retirement #retirementstrategy #savings #financialtips #budget

If you don't have one already, set up and maintain an emergency fund. This nest egg will give you confidence when times are tough or you have a financial emergency. #financialhealth #finance #planning #financialplanning #financialtips

🚨 Postage Alert: Stamp prices jumped to 73¢ on July 14. But wait, there's more to this story than meets the eye… This is the 6th increase in just 3 years, outpacing inflation. Businesses, not individuals, may feel the biggest pinch. It's a small change that hints at larger economic shifts. Keep an eye on these trends; they're part of the bigger financial picture! #PostalEconomics #BusinessCosts #EconomicTrends Source: https://lnkd.in/gXGwXmey

#FinancialtipFridays Planning a trip abroad? 🌎✈️ The Fed's potential interest rate cuts could impact your travel budget. Here's how the Fed's decisions could impact your next international trip: ▪️ A strong U.S. dollar has made international travel more affordable recently ▪️ Fed rate cuts may weaken the dollar, potentially increasing costs for American travelers ▪️ Countries like Japan have been especially attractive due to favorable exchange rates ▪️ The timing of your trip could affect your purchasing power overseas ▪️ Consider how currency fluctuations might impact your overall travel expenses The global economy affects us all, even on vacation. Understanding these trends can help you make more informed choices about when and where to travel. 💡💼 #TravelTips #FinancialAwareness #GlobalEconomy #CurrencyExchange Source: https://lnkd.in/dBMZw5Ed

Do you have the supplies you need to reach your growth potential? Not only is the support of your peers important to your success, but tangible resources play a significant role, too. Let's chat if you're interested in what supplies can help you grow in your career! If you think it's time to make a career change or want to help others, let's chat!