Financial Blog
Find helpful resources on everything from relocating and learning a new tax code to how to plan for your retirement at Horizons Wealth Management. Check out our latest blog post for helpful tips and considerations no matter where you are on your financial journey.
Reducing Taxable Income: Strategies to Minimize Your Tax Liability
Key Takeaways Maximize deductions and credits to reduce taxable income and lower your tax bill. Optimize your income by leveraging tax-advantaged accounts and income-shifting strategies to minimize taxes. Invest in tax-efficient investments and harvest losses to minimize taxable income and reduce your tax liability. As the adage goes, “nothing is certain except death and taxes.” […]
How to Retire Early
Retiring early is a dream shared by many but achieved by few. It’s not just about breaking free from the 9-to-5 grind but also about having the freedom to pursue your passions, travel, spend time with loved ones, or simply relax on a beach. Imagine doing all this while you’re still young and vibrant, without […]
How Long Will Retirement Funds Last?
Factors that Affect How Long Your Retirement Savings Will Last Several factors influence the duration of retirement savings, all contributing to how long your nest egg will last. Factors such as the rate at which you withdraw your savings, the performance of your investments, and the impact of inflation play crucial roles in determining the […]
Are you Ready to Retire?
Key Takeaways Achieving financial stability for retirement requires a thorough review of savings, investments, and debt management to ensure you can sustain your desired lifestyle without financial stress. Regular health assessments and planning for future medical needs are crucial in ensuring that health issues do not hinder the quality of life during retirement. Clearly defining […]
South Carolina Tax Guide
South Carolina State Taxes Nestled among the lush landscapes and historic charm of South Carolina lies a complex tapestry of tax regulations residents and businesses must navigate. From the sandy shores of Myrtle Beach to the mountain town of Greenville, understanding South Carolina’s tax system is essential for anyone living in or considering moving to […]
Best Gated Communities in Greenville, SC
Greenville, SC, nestled in the foothills of the Blue Ridge Mountains, offers an unparalleled blend of natural beauty and urban convenience. Among its many attractions are some of the most sought-after gated communities in the region. These exclusive enclaves promise not only privacy and security but also a host of luxurious amenities ranging from championship […]
How to Build Wealth in Your 50’s
Key Takeaways Focus on eliminating high-interest debt to free up resources for savings and investments, setting a solid foundation for retirement. Trim excess expenses to increase funds available for investing in your retirement fund, laying the groundwork for financial security. Maximize “catch-up” contributions to tax-advantaged accounts, enhancing your nest egg with the help of professional […]
After years of saving money, I did the math to figure out what my time is worth and learned there’s a smarter way to spend
Figuring out how much your time is worth can help inform your day-to-day financial decisions. Learn what your time is worth here.
How Gen X’s ‘Latch Key Kid’ Mentality Propels Their Financial Success
Does this generation have a unique financial perspective because of how they were raised? Find out here.
Mortgage Secrets That Will Save You Money
Know someone who’s getting ready to buy a home? They might be interested in these mortgage insights. Learn more here.