A big thank you to everyone who attended our recent Social Security webinar! Your engagement and feedback were truly appreciated. ๐๐ก
Remember, when it comes to Social Security and retirement planning, there's no one-size-fits-all approach. Each situation is unique, with individual factors to consider.
That's why we're extending a complimentary consultation to anyone looking to:
โข Optimize their Social Security benefits
โข Fine-tune their retirement planning
โข Get a second opinion on their current strategy
Ready to take the next step in securing your financial future? Call us at 253-271-3290 or email ascend@thrivent.com to schedule your no-obligation complimentary consultation today!
Let's work together to align your retirement strategy with your unique needs and goals.
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#SocialSecurityPlanning #RetirementStrategy #FinancialClarity #Thrivent
Disclosures: thrivent.com/social
Friends, I'm thrilled to share a heartwarming story of community impact! ๐๐
Our friends at Life Creek Church in Oak Creek, WI, recently hosted a beautiful Vacation Bible School, teaching 30 young hearts how to 'Dive into Friendship with God.' What makes this even more special? They used Thrivent Action Team dollars to support this enriching event!
It warms my heart to see how a simple act of generosity can create such meaningful experiences for our children. And the ripple effect continues - the church now wants to pay this generosity forward!
This is exactly why I love what I do. When we align our finances with our values, we don't just grow wealth - we grow communities, nurture faith, and inspire others.
Have you used Thrivent Action Team dollars for a cause close to your heart? I'd love to hear your stories!
Remember, each of us has the power to make a difference. How will you use your resources to bless others today?
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#ThriventActionTeam #CommunityImpact #FaithInAction #GenerosityInspires
Disclosures: thrivent.com/social
Wishing you and your loved ones a safe and relaxing Labor Day.
Is your emergency fund costing you money? ๐ธ๐จ
Having cash set aside for unexpected expenses is crucial, but too much might be hampering your financial growth.
Consider this: A client recently realized their oversized emergency fund was losing value to inflation. We helped them right-size their cash reserves and put the excess to work.
Smart emergency fund management:
โ Keep 3-6 months of expenses liquid
โ Explore high-yield savings accounts for better returns
โ Invest additional funds for potential long-term growth
What's your strategy for balancing safety and growth? Let's optimize your cash management together! ๐ก๐ฑ
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Disclosures: thrivent.com/social
The clientโs experience may not be the same as other clients and does not indicate future performance or success.
#EmergencyFund #FinancialPlanning #WealthManagement #AscendHigher
Welcome! You are invited to join a webinar: Social Security: Timing Is Everything. After registering, you will receive a confirmation email about joining the webinar.
๐ Tomorrow we launch! Are you ready to supercharge your Social Security strategy? ๐ก The first session of our Social Security webinar series kicks off tomorrow at 3:00 PM PST. Get ready to unlock insights that could potentially add thousands to your retirement income! Here's a taste of what we'll explore: โ The power moves in Social Security timing you need to know โ How to align your benefits with your overall retirement strategy โ Smart ways to coordinate Social Security with other income sources ๐ There's still time to join us: https://us02web.zoom.us/webinar/register/7817210702315/WN_JsUSa0MCTEGk9QSDiCg9aA Pro tip: Come with your burning questions! The most valuable insights often emerge from YOUR specific situations. Can't make it tomorrow? No worries! We have two more sessions next week on Aug 29th at 12:00 PM and 6:00 PM. Choose the time that works best for you! - Disclosures: thrivent.com/social No products will be sold. #LeadershipInFinance #WealthManagement #TeamGrowth #FinancialSuccess #AscendTogether
ascend-newsletter.pdf
Our Q3 Ascend Insights newsletter is hot off the press! ๐ฐ๐ฅ In this edition, we dive into: โข Navigating finances during the 2024 election year โข Exciting team updates โข Upcoming events โข Preparing for Generosity Awareness Month You can check it out here: https://www.thrivent.com/literature/ascend-newsletter.pdf - #FinancialClarity #WealthManagement #AscendInsights #Thrivent Disclosures: thrivent.com/social
Have you ever found a $20 bill in an old coat pocket? Now imagine finding thousands of dollars you didn't know you had.
Believe it or not, this happens more often than you'd think in financial planning. I've helped clients uncover:
โข Forgotten retirement accounts from previous jobs
โข Unclaimed insurance benefits
โข Overlooked tax deductions
โข Underutilized employee benefits
These 'hidden treasures' can make a significant difference in your financial journey. But it's not just about finding extra money - it's about making sure every dollar you have is working as hard as you do.
When was the last time you did a thorough review of your financial picture? You might be surprised at what you find.
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Disclosures: thrivent.com/social
#FinancialPlanning #HiddenTreasures #MoneyManagement
Fall financial planning: Are you leaving money on the table? ๐๐ฐ
Recently, a client's quick autumn review saved them thousands in taxes they would have missed. Let's make sure you're not overlooking any opportunities! ๐
Your fall financial checklist: ๐
โ Tax planning: Uncover year-end strategies to trim your tax bill
โ Retirement contributions: Can you boost your savings before the year ends?
โ Insurance review: Is your coverage still a perfect fit?
โ Estate planning: Do your documents reflect your current wishes?
โ Holiday budgeting: Plan now for a season of joy, not debt
"By failing to prepare, you are preparing to fail." - Benjamin Franklin
What's one financial move you're determined to make this fall? ๐ผ๐ค
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Disclosures: thrivent.com/social
The clientโs experience may not be the same as other clients and does not indicate future performance or success.
#FallPlanning #FinancialStrategy #WealthManagement #AscendHigher
"I'll just wait until I retire to do Roth Conversions" ๐ค
Just because you're still working doesn't mean Roth Conversions aren't appropriate! ๐ก
I recently met a couple, still working but 5 years from Required Minimum Distributions (RMDs). They saved diligently in IRAs & 401(k)s, but our calculations showed their RMDs would push them into a higher tax bracket than during their working years. ๐
We're now planning to convert part of their IRA to Roth, paying more taxes now to save in the long run. ๐ฐ
Here's why this strategy makes sense: ๐
โ We're in a historically low tax environment.
โ Roth dollars aren't subject to RMDs.
โ Smaller IRA balances mean lower future taxable RMDs, saving them hundreds of thousands.
โ Their kids could inherit the Roth IRA and pay zero income taxes.
Remember, smart tax planning isn't just about todayโit's about optimizing your financial future! ๐
What's your approach to Roth Conversions? Let's discuss how we can make your money work smarter, not harder. ๐ผ
Disclosures: thrivent.com/social
Concepts presented are intended for educational purposes. This information should not be considered investment advice or a recommendation of any particular security, strategy, or product. Consult with your tax advisor or accountant.
#RothConversion #TaxPlanning #RetirementStrategy #WealthManagement #AscendHigher
'Each of you should use whatever gift you have received to serve others, as faithful stewards of God's grace in its various forms.' - 1 Peter 4:10 (NIV)
This powerful verse reminds us of the beautiful responsibility we have as Christians. God has blessed each of us with unique gifts and talents, not just for our own benefit, but to serve others and glorify Him.
Discovering our gifts is part of our spiritual journey. But the real joy comes when we use those gifts to bless others and further God's kingdom.
Whether your gift is teaching, hospitality, leadership, or encouragement, there's someone in your church or community who needs exactly what you have to offer.
Today, I encourage you to prayerfully reflect on the gifts God has given you. How can you use them to serve others? Remember, it doesn't have to be grand gestures - sometimes a simple act of kindness or a word of encouragement can make a profound difference.
Let's embrace our gifts and the calling that comes with them. After all, we are simply stewards of God's grace, called to share it generously with others.
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Disclosures: thrivent.com/social
#FaithInAction #StewardshipOfGifts #ServeOthers
What a fantastic evening at the Kenosha Kingfish game with the Thrivent Member Network!
It was wonderful to connect with our community in such a fun and relaxed setting. The event was a home run (pun intended!) with great food, drinks and a spacious tent that provided welcome relief from the summer heat.
But it wasn't just about baseball and networking. I was truly inspired by the presence of One Hope of Kenosha, who were raising funds and awareness for foster families. It's heartening to see our community come together to support such a worthy cause.
Events like these remind me why I'm proud to be part of the Thrivent family. It's not just about financial services; it's about building stronger communities and making a positive impact.
Were you there last night? I'd love to hear your favorite moment from the game!
#ThriventMemberNetwork #CommunityEvent #KenoshaKingfish #GivingBack
Empty nest? Full opportunities!
As your children spread their wings, it's time to refocus on your financial future. This new chapter brings both challenges and exciting possibilities for empty nesters.
Here are some key financial considerations to ponder:
1. Reassess your budget: With fewer mouths to feed, you may have more disposable income. How will you allocate these funds?
2. Boost retirement savings: Now's the perfect time to increase your contributions to retirement accounts. Remember, it's never too late to build a more secure future.
3. Evaluate your housing: Does your current home still fit your needs? Downsizing could free up equity and reduce expenses.
4. Review insurance needs: With dependents off the payroll, it might be time to adjust your life and health insurance coverage.
5. Plan for potential boomerang kids: While we hope our children thrive independently, it's wise to prepare for the possibility of them returning home.
6. Explore new financial goals: Travel? Hobbies? Charitable giving? This could be your time to pursue dreams you've put on hold.
7. Consider long-term care planning: It may seem far off, but now is an ideal time to think about your care needs in later years.
Remember, this new phase of life is full of potential. It's an opportunity to refocus on your own financial well-being and dreams for the future .
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Disclosures: thrivent.com/social
#EmptyNest #RetirementPlanning #FinancialFreedom
Ever wondered how you can make a positive impact AND potentially reduce your tax bill? Let's talk about the power of charitable giving! ๐๐ผ
At Ascend, we believe in the dual benefits of philanthropy: supporting causes you care about while optimizing your tax strategy. It's a win-win that aligns perfectly with our values of integrity and empowerment.
Key points to consider:
- Deductions: Charitable donations can be tax-deductible, potentially lowering your taxable income.
- Appreciated assets: Donating stocks or property can help you avoid capital gains tax.
- QCDs: If you're over 70ยฝ, Qualified Charitable Distributions from your IRA can satisfy RMDs without increasing taxable income.
- Donor-Advised Funds: A flexible way to make contributions now and decide on recipients later.
"Generosity is not just about making a donation, it's about making a difference."
I'm curious: What causes are close to your heart? How do you incorporate giving into your financial plan?
Let's explore how we can align your financial goals with your desire to make a meaningful impact. After all, true wealth isn't just about what you have โ it's about what you do with it. ๐
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Thrivent and its financial advisors and professionals do not provide legal, accounting, or tax advice. Consult your attorney or tax professional
Disclosures: thrivent.com/social
#CharitableGiving #TaxStrategy #WealthWithPurpose #AscendTogether #Thrivent
As retirement approaches, I've noticed many of my clients becoming more cautious with their investments. It's natural - you've worked hard for your nest egg, and protecting it becomes a top priority.
But remember, even in retirement, your money needs to keep working for you. Here are some strategies I often discuss with conservative investors nearing retirement:
- Diversification: Don't put all your eggs in one basket. A mix of stocks, bonds, and other assets can help manage risk.
- Focus on income-producing investments: Consider dividend-paying stocks and high-quality bonds to generate steady income.
- Gradually shift to more conservative allocations: This doesn't mean abandoning growth entirely, but rather finding the right balance for your risk tolerance.
- Consider inflation-protected securities: These can help maintain your purchasing power over time.
- Don't overlook cash reserves: Having a cash cushion can provide a sense of reassurance and prevent forced selling in down markets.
Remember, "conservative" doesn't mean "risk-free." The goal is to find the right balance between growth, income, and preservation.
Your strategy should reflect your unique goals and risk tolerance. Nearing retirement and want to review your approach? Let's talk.
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While diversification can help reduce market risk, it does not eliminate it. Diversification does not assure a profit or protect against loss in a declining market.
Disclosures: thrivent.com/social
#RetirementPlanning #InvestmentStrategy #FinancialSecurity #Thrivent
Leadership in wealth management isn't just about numbersโit's about nurturing relationships and fostering growth. ๐ฑ
Today, I want to share a principle that's been crucial to our success at Ascend:
'Invest in your team's growth, and they'll invest in your clients' success.'
How are you cultivating leadership within your practice? What strategies have you found most effective in developing your team's potential?
Remember, great leaders don't just climb the ladder; they extend it for others to follow. Let's elevate our industry together. ๐
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Disclosures: thrivent.com/social
#LeadershipInFinance #WealthManagement #TeamGrowth #FinancialSuccess #AscendTogether
Why is faith important to financial planning?
As I reflect on my journey as a financial advisor, I'm continually amazed by how often the Bible speaks about money - over 2,000 times! This abundance of wisdom reminds us that our faith and finances are deeply intertwined.
Let's explore how faith and financial planning work together:
1. Aligning Values: Our financial choices should reflect our core beliefs, creating a life of purpose and integrity.
2. Holistic Approach: True financial planning considers not just our bank accounts, but our whole lives - our families, our communities, and our spiritual well-being.
3. Generosity: The Bible encourages us to be generous with our resources. This isn't just about financial giving, but also about sharing our time and talents. When we give generously, we reflect God's love and participate in His work in the world.
4. Ethical Investing: We have the opportunity to invest in companies that align with our values, contributing to a better world while growing our resources.
5. Legacy Planning: By teaching our children and grandchildren about responsible financial stewardship, we can pass on both our values and our wealth.
Remember, financial planning isn't just about accumulating wealth - it's about living a life of purpose and fulfillment.
If you're interested in exploring how faith-based financial planning can enhance your journey towards financial peace and purpose, I'd be honored to have a conversation with you. Together, we can create a plan that honors your values and secures your future.
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Disclosures: thrivent.com/social
#FaithAndFinance #PurposefulPlanning #FinancialStewardship
Welcome! You are invited to join a webinar: Social Security: Timing Is Everything. After registering, you will receive a confirmation email about joining the webinar.
๐ฅ Who do you know that could benefit from Social Security insights? Our upcoming webinar isn't just for those nearing retirement. It's for: โข Young professionals planning ahead โข Mid-career individuals reassessing their strategy โข Anyone supporting parents with retirement decisions Social Security knowledge is power, regardless of your age or career stage. ๐ค Help spread financial literacy! Share our free webinar with your network. ๐๏ธ Dates: August 22nd and August 29th ๐ Registration: https://us02web.zoom.us/webinar/register/7817210702315/WN_JsUSa0MCTEGk9QSDiCg9aA#/registration Together, let's build a more financially savvy community! - Disclosures: thrivent.com/social No products will be sold. Thrivent financial advisors and professionals have general knowledge of the Social Security tenets. For complete details on your situation, contact the Social Security Administration. #FinancialLiteracy #SocialSecurityTips #CommunitySupport
Whatโs the fuel that allows you to reach new heights in your practice? ๐
At our firm, we've discovered that true excellence comes from collaboration. Here's why partnering with a dynamic team can skyrocket your success:
๐ง Diverse expertise: Tap into a wealth of specialized knowledge
๐ฏ Shared vision: Align on goals and push each other to achieve them
๐ Continuous learning: Grow faster by learning from peers
๐ผ Increased capacity: Serve more clients without sacrificing quality
๐ก Innovation boost: More minds = more groundbreaking ideas
๐ช Built-in accountability: Stay motivated with team support
Our mantra? "1% better every day." It's not about individual heroics, but collective, consistent improvement that compounds over time.
As a leader, fostering this culture of teamwork and continuous growth has been game changing. We're not just managing moneyโwe're elevating the entire profession, one percent at a time.
Ready to take your practice to the next level? Let's connect! ๐ค๐
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Disclosures: thrivent.com/social
#LeadershipInFinance #TeamExcellence #AdvisorGrowth #1PercentBetter
'Should I convert to a Roth IRA?' ๐ค
As we approach retirement, this question often arises. While each person's situation is unique, let's explore some key points to consider when thinking about converting your traditional IRA to a Roth IRA.
Benefits:
1. Tax Efficiency: Move funds to a Roth IRA now and enjoy tax-free withdrawals in your golden years.
2. No RMDs: Unlike traditional IRAs, Roth IRAs don't have required minimum distributions, giving you more control.
3. Legacy Planning: Leave a tax-free gift for your loved ones.
Considerations:
- Immediate Taxes: Converting triggers taxation now, so we need to plan carefully.
- Five-Year Rule: Roth accounts must be open for five years to avoid taxes on withdrawals.
- Permanence: Once converted, it's a lasting decision.
Remember, thoughtful planning leads to better outcomes. If you're contemplating a Roth conversion, let's connect and discuss how we can align this strategy with your unique retirement goals and values.
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State tax rules may differ from federal rules governing the tax treatment of Roth IRAs and there may be conflicts between federal and state tax treatment of IRA conversions. Consult your tax professional for your state's tax rules.
Disclosures: thrivent.com/social
#RetirementPlanning #FinancialPlanning #RothIRA
Have you ever wondered how your faith should shape your retirement plans?
As I reflect on Proverbs 21:5, 'The plans of the diligent lead to profit as surely as haste leads to poverty,' I'm struck by how deeply this wisdom applies to our approach to retirement planning.
For us as Christians, retirement isn't just about building a nest eggโit's about faithfully stewarding the resources God has entrusted to us, preparing for a new season of life and service.
Let's explore what retirement planning looks like through a Christian lens:
1. Seek God's guidance in your planning. Pray about your decisions and align your goals with His will.
2. Remember that true security comes from God, not our bank accounts. Plan wisely, but trust in His provision.
3. Consider how you can use your retirement to serve others and further God's kingdom.
4. Plan for generosity. How can your retirement strategy allow you to bless others and support causes close to God's heart?
5. Prepare for the unexpected, knowing that God is in control of our future.
Are you approaching retirement with this perspective? I'd love to help you create a retirement plan that honors God and provides for your future. Let's talk about how we can align your financial strategy with your faith and values .
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Disclosures: thrivent.com/social
#ChristianRetirementPlanning #FinancialStewardship #RetirementWithPurpose