How Retirement Can Be Your New Beginning

How Retirement Can Be Your New Beginning Barnett Financial & Tax

Humans are creatures of habit. When we’ve spent time and effort on something over a long period of time, it’s hard to imagine living without that something. The same can be said about work! Many people nearing or in retirement age don’t think about what their day-to-day lives in retirement will be like because they…

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Start Your New Year With These Four Classic Movies

Start Your New Year With These Four Classic Movies Barnet Financial & Tax

The New Year is a time of celebration and reflection, and there’s no better way to spend it than with a great movie. Here are four classics that not only entertain but also evoke the spirit of a new beginning, perfect for ringing in the New Year. Rob Reiner’s iconic romantic comedy “When Harry Met…

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Traveling in Retirement on a Budget

Traveling in Retirement on a Budget Barnett Financial & Tax

Retiring is a lifetime achievement marking a new chapter of exploration, journey, and relaxation. That’s why so many retirees choose to travel when they enter retirement! But affording the retirement you planned for isn’t a walk in the park, especially nowadays with inflation affecting where and how we spend, especially when it comes to traveling.…

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The Role of Melody and Memory in Retirement

The Role of Melody and Memory in Retirement Barnett Financial & Tax

When you’re at the peak of your career and starting to think about retirement, many things might be circling your thoughts. “How can I afford my retirement?” Or “What will I do with all this time?” It’s important to remember that retirement is an opportunity to do what you love, not what you have to.…

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Common Tax Planning Mistakes Retirees Make (Part 1)

Common Tax Planning Mistakes Retirees Make (Part 1)

By Rick Barnett Most people don’t find tax planning fun. As tedious and inconvenient as it can be for anyone, retirees may feel especially burdened. They’ve worked hard to build up investments so they can enjoy their golden years, but a few common errors can trip up their financial position heading into retirement. Fortunately, many…

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Did Stellantis Let You Go? They Still Have Your 401(k)!

Did Stellantis Let You Go? They Still Have Your 401(k)!

By Rick Barnett Getting laid off can be a real kick in the pants.  But regardless of whether you’re angry, surprised, or just plain old demoralized, that doesn’t mean you should shoot yourself in the foot by letting your hard-earned retirement plan fade from your memory. Now is the time to act if you don’t…

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Little-Known Facts About Social Security: Part 1 

Little-Known Facts About Social Security: Part 1

By Rick Barnett  It’s likely that not a single week passes without hearing the words “Social Security,” especially if you’re nearing retirement. You might even hear yourself saying it on a daily basis, but how much do you really know about Social Security?  Social Security is a complex system. The official Social Security Handbook spans…

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Banking Sector Issues and Your Finances

In recent months there have been 3 major bank shake-ups: Silicon Valley Bank (SVB), Signature Bank, and First Republic Bank.[1] This has generally led to fears that there is a larger recession on the horizon. The financial crisis of 2008 was also precipitated by bank collapses, so this has many experts watching the market carefully.…

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Be the Financial Compass for Future Generations

Be the Financial Compass for Future Generations Barnett Financial & Tax

Building towards retirement, you have made many financial decisions. Perhaps you maxed out your credit card on clothes in your early 20s or chose the wrong payment plan for your car loan or home mortgage. Regardless, you’ve navigated many financial obstacles and gained wisdom that can now be passed on to your kids and grandchildren.…

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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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