A will is a document that outlines your wishes for what should happen to your estate after you die. It can be simple or complex, but it’s an essential piece of documentation that everyone should have. At New Century Investments, we can help you prepare for your meeting with an estate attorney. We will work with you to create a tax-focused financial plan that considers your unique situation.
Should You Pay Off Your Mortgage or Invest?
Both investing and paying down your mortgage have pros and cons and it’s up to you to figure out which is right for you at this stage of your life. In today’s blog, I’ll dive into the decisions and how to view both pros and cons of either decision.
Strategic Budgeting: Planning for Success With 20/6/3
Are you looking to maximize your savings, profits, or both? As a business owner myself, I have come up with a simple, yet extremely effective way to build wealth. It is a great starting off point. I call it my 20/6/3 plan. The 20/6/3 Plan is an easy yet effective way to get your finances back on track. Continue reading to learn more!
Life Insurance: What You Need To Know
Purchasing life insurance may seem like a menial task in the face of monumental expenses such as college tuition, raising children, buying a house, and saving for retirement. However, this is one expense that you cannot ignore. Life insurance is there to help your loved ones when you’re gone. It also helps mitigate financial stress if you are the primary provider for your family. If you’re single or married with no kids, getting life insurance might not be the first thing on your mind right now.
Estate Planning for Small Business Owners
As a business owner, you have worked hard to build your business from the ground up. You have poured your blood, sweat, and tears into making your dream a reality, and now your business is thriving. But have you given any thought to what will happen to your business when you retire or pass away? Estate planning is a crucial—but often overlooked—aspect of being a small business owner. At New Century Investments, you are our priority! Book your free consultation today!
How Much Do You Really Need to Retire?
Many factors will influence how much money you need in retirement. It can be challenging to know exactly how much money you need for the rest of your life, but it’s always good to start planning early because even small changes now can make a big difference later on. Get started today!
The Four Pillars of Retirement
The transition to retirement can be both exciting and daunting. You are no longer working, but this isn’t the end of your financial journey! The four pillars of retirement planning are health, family, purpose, and finances. The four pillars can help you prepare for retirement. If you take these into account, then you will be in a better position to make decisions that will keep you healthy and active.
Restricted Stock Units (RSU): Understanding Your Equity Compensation Options
When it comes to compensation, many companies are now providing equity and stock-based benefits to their employees. One such compensation package is Restricted Stock Units or RSUs. When it comes to restricted stock units, there is a lot to consider. These unique equity compensation options can have a big impact on your taxes, investments, and more. Continue reading
SEP IRA or Self Employed 401K? A Guide for Entrepreneurs and Business Owners
When you’re self-employed, it can be difficult to know which retirement plan is right for you. Should you choose a SEP IRA or a Self-Employed 401K? Both have their pros and cons. In this blog post, we will discuss the differences between SEP IRAs and Self-Employed 401Ks, as well as the eligibility rules from the IRS. Continue reading for our help on deciding which plan is right for you!
What to do After You Achieve Financial Freedom
Financial freedom is when you have enough money to live and spend however you want without the worry of saving for the future. Financial freedom means not having to worry about saving, budgeting or investment markets. It means that your full potential can be realized, because you no longer have to work at a job just to pay the bills. Continue reading to request your free Achieving Financial Freedom outline!