Healthcare in Retirement: The Basics

Healthcare in Retirement: The Basics Barnett Financial & Tax

Healthcare insurance is a crucial aspect of managing one’s health and finances. Understanding its basics can help individuals make informed decisions to help them stay healthy without running into unexpected costs. Here are some important points to keep in mind:   Types of health insurance: There are different types of health insurance plans, including health…

Read More

The History of “Feng Shui” and Why it Matters to Your Home

The History of “Feng Shui” and Why it Matters to Your Home BArnett Financial And Tax

You may have heard the term “Feng Shui” in the context of interior design and home and building design. But what is it exactly? Where does it come from? And what does it actually accomplish? Let’s dive into the history of Feng Shui. Feng Shui is a Chinese philosophical system of harmonizing and arranging buildings,…

Read More

Target-Date Funds: The Backbone of Many Retirement Accounts

Target-Date Funds: The Backbone of Many Retirement Accounts Barnett Financial & Tax

A target-date fund is an investing tool, often in the form of an ETF or mutual fund, that adjusts its investment strategy based on how much time there is until the target date. The investments are strategized for long-term growth when you are further away from the target date and strategized for wealth preservation the…

Read More

A Classic Playlist from the Year 1983

A Classic Playlist from the Year 1983 Barnett Financial & Tax

The year 1983 saw the release of some of the most iconic and timeless songs in music history. From pop to rock to new wave, this year had something for everyone. If you are headed into retirement and thinking about setting up a playlist of songs from when you were younger to celebrate, this list…

Read More

How Long Can I Keep My Money in My Retirement Account?

How Long Can I Keep My Money in My Retirement Account? Barnett Financial & Tax

In most cases, you can’t actually keep your money in your retirement accounts forever. Even if you don’t need the money from your retirement accounts, many of them will require you to begin withdrawing from them when you are 73 years old.[1] This is called a required minimum distribution (often shortened to RMD). More specifically,…

Read More

A Guide for In-Home Care

A Guide for In-Home Care Barnett Financial & Tax

If you are aging and unsure about your options for in-home care as you get older, this article is for you. We’ll also cover the pros and cons of hiring help through an agency and doing it yourself. The most important thing to understand is the basics. If you are a home-bound individual or have…

Read More

What Happens to Inherited Retirement Accounts?

What Happens to Inherited Retirement Accounts? Barnett Financial & Tax

You may know plenty about the differences between traditional IRAs and Roth IRAs, as well as the risks to your IRAs in this market, but what happens to an IRA (or other retirement account) that still has money in it when its owner passes away? You may think that the beneficiary just gets all the…

Read More

3 Classic Arcade Video Games

3 Classic Arcade Video Games Barnett Financial & Tax

They just don’t make arcades like they used to. The hallmark clack of pinball machines and the 8-bit orchestras playing from all sorts of machines isn’t something you can really find anymore. Here’s a list of some of the greatest arcade classics of all time. Pong The game that started it all. It’s a simple…

Read More

How Safe is Your Money in the Bank Today?

Money in the Bank: What You Need to Know Barnett Financial & Tax

With the recent turmoil in the banking sector, it’s understandable to worry about your bank savings. But before worrying, it’s important to know how your money in the bank is protected. So, how safe is your money, really? Where is my money? First, let’s talk about how your bank actually stores your money. When you…

Read More