What Is Ageism and How Can You Overcome It?

What Is Ageism and How Can You Overcome It? Barnett Financial & Tax

Ageism is discrimination against someone based on their age. It can happen in overt or subtle ways, in the workplace and in our daily lives. There are plenty of negative stereotypes about older people that can affect how you think about aging. It’s important to think about how to overcome ageism and negative thinking about…

Read More

The History and the Future of Money

The History and the Future of Money Barnett Financial and Tax

We’ve come a long way from trading pelts and seashells as currency, and there have been many changes to how we produce and use currency between then and now. The value of currency and inflation affect us all, as we’ve seen recently at the gas pump and the grocery store. Here’s what we can learn…

Read More

Are Your Retirement Savings Safe?

Are Your Retirement Savings Safe? Barnett Financial & Tax

We know that it’s important to protect our retirement savings from market corrections and inflation, but what about cybercriminals? Retirement account fraud is becoming more and more common. It’s important to take steps to protect your information and accounts from cybersecurity threats. Here are three things you can do to help keep your retirement savings…

Read More

3 Major Retirement Expenses to Include in Your Budget

3 Major Retirement Expenses to Include in Your Budget Barnett Financial and Tax

General retirement planning advice says that you’ll need about 80% of your pre-retirement income in retirement, but this may not be the case for everyone. Inflation, taxes, and long-term care costs are easily overlooked – but these expenses could be high. When creating your retirement budget, don’t forget to include these three expenses. Taxes: How…

Read More

Is the Best Yet to Come?

Is the Best Yet to Come? Barnet Financial & Tax

Some of the most successful people are late bloomers – they did their most significant work later in life, sometimes after completing an entirely different career. There’s no telling what you might accomplish in your later years. Maybe the best is yet to come for you! Ina Garten Before Ina Garten became one of the…

Read More

Rising Interest Rates and High Inflation – How Will You Respond?

Rising Interest Rates and High Inflation – How Will You Respond? Barnet Financial & Tax

The Federal Reserve voted to raise interest rates for the first time since 2018 and has several more rate hikes planned for this year.[1] Rising interest rates can have significant effects on the economy and your finances. Between a volatile market, high inflation, and rising interest rates, know how you’ll respond. The Federal Reserve Raising…

Read More

How Do You Know When You’re Truly Ready to Retire?

How Do You Know When You’re Truly Ready to Retire? Barnett Financial & Tax

You may have heard that Tom Brady retired from the NFL. You may have also heard that his retirement lasted about 40 days and that he will now be playing another year for the Tampa Bay Buccaneers. He’s not the only person to go back on their retirement. However, it can be harder for many…

Read More

3 Important Tax Questions to Answer This Year

3 Important Tax Questions to Answer This Year Barnett Financial and Tax

As we approach Tax Day, you may be gathering your important documents and preparing to file or file for an extension. Once you have everything sorted out, it’s important to consider how your tax situation could change as you near and enter retirement. Here are three important tax questions to answer this year. Why May…

Read More

Junk or Treasure? Tips for Decluttering Your Home

Junk or Treasure? Tips for Decluttering Your Home Barnett Financial & Tax

If you’ve lived in the same place for many years, it’s likely that you’ve accumulated some treasures, as well as some junk. It can be hard to distinguish between the two, especially if you’re prone to holding onto things. If you need to clear some space, consider these tips for decluttering your home. Focus on…

Read More