2021 - BML Wealth Management

24 12, 2021

It’s the Most Wonderful Time of the Year to Plan for Your Future
It’s the Most Wonderful Time of the Year to Plan for Your Future

It’s the Most Wonderful Time of the Year to Plan for Your Future

BML Wealth Marketing2021-12-21T11:26:24-08:00December 24, 2021|Financial Planning|

It’s the most wonderful time of the year for many things – eating too much, seeing friends and family, and giving and receiving gifts. The end of the year is also a good time to review your finances from 2021 and get ready for 2022 and beyond. Here are three reasons why it’s the most wonderful time of year to plan for your future. It’s Time to Review Your 2021 Finances The end of the year is a good time to review where 2021 has left you, prepare for tax season, and make a budget [...]

22 12, 2021

The Retirement Fingerprint – January/February – 2022
The Retirement Fingerprint – January/February – 2022

The Retirement Fingerprint – January/February – 2022

BML Wealth Marketing2021-12-22T16:39:19-08:00December 22, 2021|Newsletters|

In 2022, Social Security retirement benefits will increase by 5.9% after higher inflation last year. This increase is the largest cost-of-living adjustment (COLA) to benefits in four decades and reiterates the value of inflation-adjusted income during retirement.

22 12, 2021

Resolve to Do These Three Things In 2022
Resolve to Do These Three Things In 2022

Resolve to Do These Three Things In 2022

BML Wealth Marketing2021-12-22T15:58:22-08:00December 22, 2021|Lifestyle|

Have you made a New Year’s resolution for 2022? 80% of people give up on their New Year’s resolution by the second week of February,[1] but you can beat the odds. New Year's resolutions can be a great way to trade bad habits for good ones, but sticking to them can be difficult. Some people take on too grand a goal to realistically keep up with throughout the year. Here are some realistic things you can resolve to do in 2022. Spend More Time Outside Spending time outside has many health benefits. A recent study [...]

21 12, 2021

Be Prepared for 2022
Be Prepared for 2022

Be Prepared for 2022

BML Wealth Marketing2021-12-21T19:09:04-08:00December 21, 2021|Financial Planning|

A new year can bring about a new mindset and optimism, but it’s also important to have a plan to deal with the challenges we could face. We could see high inflation, a volatile market, and higher taxes, and it’s important to have a plan in place to address these concerns. Here are some ways to be prepared for 2022. How Will You Deal with Inflation? Inflation can eat away at your retirement savings and could negatively affect the market. The last time the inflation rate was over 5%, the U.S. was in the Great [...]

20 12, 2021

Give Yourself the Gift of a Retirement Plan
Give Yourself the Gift of a Retirement Plan

Give Yourself the Gift of a Retirement Plan

BML Wealth Marketing2021-12-21T18:44:59-08:00December 20, 2021|Retirement Planning|

Hopefully, all your presents are wrapped and under the tree by now. This is a time of year when we’re mostly focused on other people, but once you’ve distributed all of your gifts, consider giving yourself the gift of a retirement plan. To help you get started, here are three questions your retirement plan should answer: 1. Where Will My Retirement Income Come From? Think about all the places your retirement income could come from and how much will come from each source. You'll likely claim a Social Security benefit in retirement, and you can [...]

17 12, 2021

What Gift Do You Give to Someone Who Has It All?
What Gift Do You Give to Someone Who Has It All?

What Gift Do You Give to Someone Who Has It All?

BML Wealth Marketing2021-12-17T01:11:13-08:00December 17, 2021|Lifestyle|

We’ve all found ourselves in this scenario before: You ask someone what they’d like for a gift, and they can’t give you an answer. They simply say that they don’t need anything, despite your desire to give them a token of your appreciation. If you can relate to this scenario in the slightest, here are a few gift ideas for someone who has it all. Flowers One gift sure to brighten anyone's day is a gorgeous bouquet of flowers. Everything from the smell of fresh flowers to the beautiful color arrangement, and perhaps a quality [...]

13 12, 2021

Review Your Investment Strategy and Prepare for 2022
Review Your Investment Strategy and Prepare for 2022

Review Your Investment Strategy and Prepare for 2022

BML Wealth Marketing2023-12-19T20:56:46-08:00December 13, 2021|Financial Planning, Investing, Retirement Planning|

The end of the year is a good time to reflect on 2021, how your financial situation may have changed, and your goals for next year. Maybe 2022 is the year you’ll retire, or maybe not. Either way, you can review your investment strategy and prepare for 2022 and beyond. We Saw Record Highs in 2021 – What Will We See in 2022? The S&P 500 index logged 64 new highs in 2021 as of November.[1] But how long can this last? According to a recent Allianz survey, 54% of American investors see the stock [...]

10 12, 2021

Gifts That Could Keep on Giving
Gifts That Could Keep on Giving

Gifts That Could Keep on Giving

BML Wealth Marketing2021-12-10T18:03:37-08:00December 10, 2021|Lifestyle|

Have you finished your holiday shopping this year? As we age, we have more and more relatives and friends that we exchange gifts with, which means more money and more time spent shopping. So, when your loved ones start handing out their lists, it may be a good time to prepare some gifts that could keep on giving. A Savings Account If one of your grandchildren does not yet have a savings account, now might be a great time to open one and start teaching them the importance of saving. Part of your gift could [...]

6 12, 2021

Don’t Forget These Important End-of-Year Deadlines
Don’t Forget These Important End-of-Year Deadlines

Don’t Forget These Important End-of-Year Deadlines

BML Wealth Marketing2021-12-21T18:45:41-08:00December 6, 2021|Financial Planning|

Do you have a to-do checklist for December? It might include buying gifts, ordering a turkey, and sending out cards. In the midst of the busyness of the holidays, it can be easy to forget about your end-of-year financial checklist. However, December 31st is the deadline to make several important tax moves that could affect you come filing season next year. Don't forget these important end-of-year deadlines! Review Your Retirement Account Contributions It’s not too late to max out your 401(k), IRA, or another retirement account for 2021. At age 50, workers can make annual [...]

3 12, 2021

3 Alternative Gift Ideas for the Holiday Season
3 Alternative Gift Ideas for the Holiday Season

3 Alternative Gift Ideas for the Holiday Season

BML Wealth Marketing2021-12-03T22:52:04-08:00December 3, 2021|Lifestyle|

There are always a few people who are hard to shop for on your list. Sometimes someone just seems to have everything or says they don't want anything for Christmas this year. Consider these alternative gift ideas this year instead of continuing to fill your house or someone else's with new objects. Refurbish Something Old At a certain point in life, we might not need many new things – but we probably have some old things that we love that have been worn down over the years. Rather than replacing these possessions, which might have [...]

Yearly Archives: 2021