Does the 4% Rule Really Work?

Does the 4% Rule Really Work Barnett Financial And Tax

During your saving years, your main goal is to accumulate wealth so that you have the resources to achieve a comfortable retirement. But that is just half the battle. How you use your savings to cover your living costs is the real key to living the retirement you dream of. You may have done some…

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How Baby Boomers Have Redefined Retirement

How Baby Boomers Have Redefined Retirement Barnett Financial & Tax

Before your generation, retirement had long been perceived as a time when life took a downward turn. But thanks to baby boomers, this perception has radically changed. Baby Boomers have been cool kids since their inception: introducing rock n roll, pop culture, mainstream technology, and now, reshaping retirement into a time of exploration, passion, and…

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Rediscovering the Value of Yields in Recessions

Rediscovering the Value of Yields in Recessions Barnett Financial & Tax

For decades, the name of the personal finances game has been an asset or equity growth. High-growth tech stocks grew to dominate the market, some of which have grown to be among the largest companies in the world. And if you owned stock in those companies while they made their meteoric rise, your overall wealth…

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5 Smart Tips for Long Flights

5 Smart Tips for Long Flights Barnett Financial and Tax

One of the best ways to spend your retirement years is by traveling. Seeing the world and ticking off destinations from your bucket list can be exciting! But let’s be honest, the flights are miserable. Movement is restricted, and you sit in one position for hours. It’s important to take measures that make getting from…

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3 Birthdays You Need to Know for Your Retirement Accounts

3 Birthdays You Need to Know for Your Retirement Accounts Barnett Financial & Tax

Optimizing your retirement savings takes more than just making sure your IRA isn’t at risk in this market. There are rules and regulations that can help you avoid higher taxes and penalty fees and help you structure your income to minimize taxes. Know these 3 ages that can help you get the most out of…

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What Does the Life of a Dollar Bill Look Like?

What Does the Life of a Dollar Bill Look Like? Barnett Financial & Tax

When was the last time you stopped and thought about how long the dollar bill that’s in your pocket has been circulating through the economy? What has that bill seen? Whose pockets has it been in? What will it see next? Every year, the government prints millions of dollar bills a day. Here’s a quick…

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5 Unique Risks for the Affluent Investor

5 Unique Risks for the Affluent Investor Barnett Financial & Tax

You may think that as a high-net-worth individual, or even a millionaire next door, you may have an easy road ahead in maintaining your wealth. But a greater amount of wealth to protect introduces unique challenges that are specific to the size of what they have to protect. Although many investing and wealth-preservation principles apply…

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The Pros and Cons of Owning a Second Home

The Pros and Cons of Owning a Second Home Barnett Financial & Tax

Second homes can be places for families to gather, lucrative investments, or a mix. Think about what your long-term goals are and how buying a second home would help you achieve them. Is it a place for your family to gather? A place for you to enjoy a particular natural landscape? Or is it a…

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3 Questions You May Have About Medicare

3 Questions You May Have About Medicare Barnett Financial & Tax

With market volatility and inflation affecting people’s finances, talk about investment strategies and portfolio longevity seems to dominate retirement planning conversations. But one of the most important aspects of retirement is often overlooked in these conversations: healthcare costs. There are many unexpected costs in retirement, but healthcare is one of the largest spending categories on…

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