Doug Gower, CPFA®, QKA, CRPS®, AIF®’s Post

This past week I had the opportunity to unwind, unplug, and enjoy family time. This wouldn’t have been possible without the amazing TEAM we have at Bartlett Wealth Management and Libre Advisor Network. Special shoutout to those that stepped in to help during the week - Shelly A. Wilde, Dylan Martino, Anthony Bartlett, ChFC, CASL, AEP, RICP, Tom Parlon, RICP MBA, Kathy Bartlett, Shepard Allen, Andrew Waring. If you want to know what it’s like to truly unplug knowing that there’s a rockstar TEAM behind you, let’s talk.

LAST CHANCE TO REGISTER!!! 📢Join me on Wednesday, May 15th at 6:30 for the "Investing Fundamentals" webinar. You'll learn basic knowledge to give you the confidence to invest according to your targets and risk tolerance. Looking forward to seeing you there! 👇RSVP link below in the comments

📢Join me on Wednesday, May 15th at 6:30 for the "Investing Fundamentals" webinar. You'll learn basic knowledge to give you the confidence to invest according to your targets and risk tolerance. Looking forward to seeing you there! 👇RSVP link below in the comments

🌟 Did you know? 🌟 Individuals aged 70 ½ or older might have a tax-saving opportunity through Qualified Charitable Distributions (QCDs)! 💰 A QCD allows you to exclude up to $100,000 from your income annually by making a direct payment from your IRA to a qualified charity. 🎁 This distribution cannot be paid to you as the IRA owner, and it must happen when you're at least 70½ years old. Moreover, a QCD can count toward your required minimum distribution for the year. Here's the perk: A QCD won't impact your income, and it's tax-free when directly paid from your IRA to an eligible charitable organization. Plus, it's available regardless of whether you itemize deductions on Schedule A. A QCD may be a tax-efficient way to support causes close to your heart this holiday season, while potentially reducing your taxable income. Win-win! 🚀 #TaxSmartGiving #FinancialFreedom #CharitablePlanning

🚨 Why Emergency Savings Are Crucial 🚨 Emergencies don't come with a warning, but being prepared can make all the difference. LendingTree's latest survey (link in comments) dives deep into the importance of emergency savings. According to the findings, an alarming percentage of Americans lack adequate funds for unexpected financial crises. 🔍 Key Takeaways: Car repairs are the #1 unexpected expense that individuals couldn't cover 61% of Gen Z and 56% of women couldn't cover $1,000 emergency expense 💡 What You Can Do: Build an emergency fund: Start small and make it a habit. Explore debt consolidation options: Simplify payments and save more effectively. Work with a Financial Planner to build a strong financial foundation #EmergencySavings #FinancialWellness #DebtConsolidation

The article discusses the ongoing struggle of Generation X individuals in meeting their retirement savings goals. Despite having high aspirations, many in this demographic are not on track to achieve the financial security they expect for retirement. Reasons for the shortfall include: ·        2008 financial crisis ·        Heavy debt ·        Competing financial priorities ·        Lack of Adequate Savings The piece highlights the importance of understanding these challenges to implement effective solutions. Some helpful guidance for Gen Xers - reassess your financial plans, explore options like catch-up contributions to retirement accounts, seek professional advice, and consider alternate ways to enhance your savings. Let me know if I can help! #RetirementPlanning #FinancialInsights #GenerationX #SavingsGoals #PlanSponsor #401k https://lnkd.in/eWWXGRff

🌟 Navigating Financial Decisions? Why Meeting with a Qualified Advisor Matters 🌟 Online financial information is abundant, but its accuracy might not always align with your needs, especially for young investors. A recent article by PlanAdviser highlights how easily misinformation can impact crucial investment decisions. As tempting as it is to rely solely on internet resources, nothing beats personalized guidance from a qualified advisor. Here's why: 1️⃣ Tailored Advice: Advisors provide personalized strategies based on your goals, risk tolerance, and financial situation. This tailored approach is invaluable in achieving your financial objectives. 2️⃣ Expert Insight: They possess the expertise to navigate complex financial landscapes, ensuring you make informed decisions and avoid the pitfalls of misinformation. 3️⃣ Long-Term Success: Working with an advisor isn’t just about short-term gains; it's about building a robust financial foundation for long-term success and security. Remember, it's not about avoiding online information entirely—it's about complementing it with guidance from a trusted advisor. Take charge of your financial future by seeking reliable, personalized advice. I highly recommend reading the full article to understand the risks associated with misinformation and the value a qualified advisor brings. Let's make informed financial decisions together! 💼💡 #FinancialWellness #Investing #AdvisorInsights #FinancialPlanning #Empowerment https://lnkd.in/dbiDUzVN

🌟 Empowering Retirement Planning Through Education 🌟 Understanding the nuances of retirement income is crucial for both plan sponsors and participants. I came across an insightful article by PlanSponsor shedding light on the pressing need for retirement income education in our financial landscape. The piece delves into the shared desire among plan sponsors and participants for better resources and guidance on navigating the complexities of retirement income. It highlights the growing importance of tailored educational initiatives to empower individuals in making informed decisions about their financial future. In today's ever-evolving financial landscape, knowledge is power. This article emphasizes the significance of robust educational programs that equip both sponsors and participants with the tools to navigate retirement planning effectively. As someone passionate about financial literacy and empowerment, I believe in the transformative impact of education in shaping a secure retirement. Let's continue advocating for and investing in resources that foster financial education and empower individuals to achieve their retirement goals. I highly recommend giving this article a read and joining the conversation about the importance of retirement income education. What are your thoughts on the role of education in shaping retirement planning? Share your insights below! #RetirementPlanning #FinancialLiteracy #EducationIsKey #Empowerment #PlanSponsor #FinancialWellness #401k #403b #erisa #employeebenefits #humanresources https://lnkd.in/eFvbdvbv